dara khosrowshahi, ceo of uber. >> thank you. >>> and coming up, what satya nin a nadella told us. >>its on microsoft board investors reid hoffman on cryptocurrency, artificial 'stelligence and what trends he setting that's coming up after this break. down. ♪ but entrepreneurs never stopped. ♪ and found solutions that kept them going. ♪ at u.s. bank, we can help you adapt and evolve your business, no matter what you're facing. because when you close the gap, a world of possibility opens. ♪ u.s. bank. we'll get there together. ♪ i have an idea for a trade. we'll get there together. oh yeah, you going to place it? not until i'm sure. why don't you call td ameritrade for a strategy gut check? what's that? you run it by an expert, you talk about the risk and potential profit and loss. could've used that before i hired my interior decorator. voila! maybe a couple throw pillows would help. get a strategy gut check from our trade desk. ♪♪ >>> it is news update time rahel solomon has it. >> hello start near minneapolis more than 100 people pro tested after a black man was shot dead during a t

then m&a, you alluded that to microsoft, they bought nuance, we had satya nadella on cnbc on the daytechcheck" launched talk about that. not everybody can do m&a because they're so big and eyes are on them, but which of those top-line vertical integration or m&a do you think is going to be most effective going forward >> i think m&a in a normal time or at least in a pre-current doj and antitrust environment time, would be the most important thing and i think that's why microsoft is taking advantage of the fact that they're still considered a friendly company. i think maybe it's because their products are more enterprise and the average consumer doesn't feel that kind of ire we do towards facebook or alphabet or youtube, they're taking advantage of it. they bought the company that owns a video game franchise on the gaming side, nuance, they were trying to buy discord they are quietly going after every network product out there and even though they already have linkedin and all these other massive like networks at their disposal, so, yeah, i think they're showing us that m&a is the tic

don't have pete here to tell me why microsoft is the greatest thing since sliced bread or that satya nadella is the greatest ceo this side of brian cornell at target. so, joe, i'm going to have to go to you on microsoft. okay what do you make of what is happening with the stock today knock it out of the park earnings cramer couldn't say enough nice things about the quarter that microsoft booked, and yet the stock is lower today great report, he said. people just want to take some profits. they're going to take some stocks down based on nothing he tweeted there was nothing wrong with microsoft at all and it should be bought. is this a cautionary tale for those who rode some of these stocks way up into their numbers? >> no. it is not. i think the azure growth matching the prior quarter at 50%, that's been cited as being disappointing, but i always look at positioning positioning for microsoft was incredibly high in terms of the number of funds that were allocated there. it is also viewed as an esg stock, so all of the esg funds own it if it is going to see a little bit of a correction, which i

doubled gains in the et f this year so what should we expect from this report pete you mentioned satya nadellaoing to be the satya of intel? >> he might be honestly, i think he's the right guy for the job. they've had to go through some ceos of late and a lot of stumbling along the way. i think he's the right guy he came back to intel, rejoins them, they have $21 billion in free cash flow this guy, they will pay for the manufacturer cost just on cash flow i like what he's doing so far early. >> let's get a preview for the set up for intel on the options pitch. mike, what do you see? >> yeah so despite the fact intel has lagged the broad market and semis in the last month call option outpace put option in the last month and true again today calls outpacing puts by two to one options action, weekly seven calls 97 trading for 44 cents implying more than 60% move to the upside seems some institutional traders are betting the languishing stock could turn around in earnings >> thanks for that more "options action" on friday at 5:30 eastern time it is the last call to vote for karen and dan's fast pi

check" john ford joins thus morning with some very special guests hey, john. >> hey, carl, yes, satya nadellacrosoft and nuance communications, great to have you on cnbc this morning satya, get straight to this. nearly $20 billion deal inclusive of debt. give us the rationale and how important specific industries and depth and knowledge in those industries are, as you build out this ai-driven cloud strategy. >> good morning, john. it's fantastic to be with you. it's a very exciting announcement for us. if you think about this, it always starts for us with our mission to empower people in organizations, and in this case, it's about america health care. it's about patient, it's about doctors and health outcomes and nuance and mark and team have done a fantastic job of taking perhaps the most defining technology of our times, artificial intelligence, applying it in the most critical of industries, health care, and doing it also with a platform first, partner first approach, and so for us at microsoft, to bring everything we have done in health care and over the years around over the decades with

. >> now, deidre, it technically wasn't live in the show but it was nice of satya nadella of micr microsoftn foundry and building up chip and we were told first here, yes, absolutely we are staying in the driver's seat with mobileye. >> yeah, you know, i loved that video montage. a little bit of a humble brag for us because this week really went off without much of a hitch at all we had some really, really great voices we have to give a lot of credit to the people behind the scenes who made the show happen, for lining this all up, the graphics team to make a splash with something new here on cnbc, julia. we have lots more ahead which will be really excite in we are only getting started here >> lots more ahead, deirdre. great interview with brian chesky i think that interview touched on so many of the themes we see as the technologies driving today's economy. i think what we're seeing now, and i said this earlier this week, is that every company is now a tech company we are going to see these trends, whether it is block chain, whether it is dispersed workforce or whether it is artificial int

. >> thank you >> that was in terms of satya nadella's compensation is tied to teams and what would that mean to not just a slack, but also to a zoom, let's say. dan, what do you think >> yeah, this is a pretty sneaky little acquisition here, you know $20 billion with debt. it's a rounding error on microsoft's market cap and even on their balance sheet, and i think jared laid it out why they're doing it here. they're adding some capabilities, azure is becoming more and more of a competitor. that's one of the reasons microsoft is almost a $2 trillion market cap. to me this makes sense they can basically do whatever they want. they were looking attic together, discore, a few thins this is 1% of their sales, but it means so much more to them if it's done properly and gives them access to some of the markets where they can flex with their cloud. >> yeah, they wanted to do something. it was very, very apparent and karen, maybe the biggest tell is the movement or the lack of movement in microsoft's stock in response to this deal >> right well, if you think about it, it's an all cash deal. so t

satya nadella has had a plan, he stuck to the plan and they've been aggressive in what they've been doing it is why i like it so much. i think the leadership says it all and that's why i continue to hold it. i have added in the past but haven't recently. >> alphabet and microsoft get us started today. stephanie link, your only market weight on apple, and it has been the under performer of the mega cap stocks this year does tomorrow get the ball rolling again? >> i don't think so. we're heading into the third quarter which is their seasonally slow quarter. i don't think numbers are going to be higher look, the stock is up 95% in the past year, and it is up 95% in the past year because they were anticipating 5g and the new cycle. almost the work-from-home max and ipads. i don't think they're that sustainable at these levels. i think they will continue to be strong but i think they benefited from the stay-at-home situation. that's going to be a big question mark as well. guidance, kind of muted. then the sustainability of mac and ipad and we have to wait for the next iphone, which won't be a

>> certainly, this is being viewed in the silicon valley about a very good deal we sock about satya nadellaficial intelligence and next generation technologies are going to be so important nuance is seen as one of the key, critical companies in this space. and microsoft has money to spend. and andrew, you know, we talk a ton about antitrust scrutiny, new regulations. microsoft has sort of emerged. they've had their antitrust issues a few decades ago but they've sort of been able to slide under the radar awe little bit under the latest round of scrutiny they're perhaps able to do these deals when some of the other big tech giants are not. you think about other m & a in the tech space, salesforce acquiring flat, that deal has to be closed. but you have to wonder can another company be able to do. we have to explore it as well. if i can, guys, i'm going to give you a little preview, is that okay? >> yeah. >> watch -- okay, we've got the new background for you let me see if i can do this. there you go, new colors, new show you can see the background on tech check in just a few hours >> okay. we

were worried about the pace of cloud adoption and work from home falling off after the pandemic, satya nadellaing down, they're accelerating how does this shape the forecast >> higher occurring revenue, multiyear commitments, amazon aws is the biggest cloud, aws is way out in front, but it's great for microsoft. there's an environment of adoption we continue to believe azure combined with office 365, teams, the rest of the power suite, it's a really tough lineup you have one of the best major teams in tech running the ship i'm not worried as a passenger on this plane. we've got to get a flight ahead. ultimately the stock is up 18% year to date you have a big move, big expectations going in. so this seems more a mismatch on expectations relative to fundamentals f fundamentals are alive wallet, azure, all the metrics are really clean other than the top line magnitude of the beat >> he's a buyer. brent, thank you very much microsoft now down 3% less than that >>> ahead, alphabet's blowout earnings beat and the big potential risk facing the search git,t'up.3afr uran is 4% tehos. municipal bonds do

you a better price than the market closed at that was a brilliant quarter amy hood was amazing satya nadella sellers there, they're short-timers they're to be ignored. it was a great quarter >> jim, looking forward to seeing you on "squawk on the street" and "mad money" tonight. >> exciting time thank you. >> it is >>> "squawk box" will be right back ♪ ♪ ♪ ♪ ♪ ♪ lately, it's been hard to think about the future. but thinking about the future, is human nature. at edward jones, our 19,000 financial advisors create personalized investment strategies to help you get back to your future. edward jones. ♪ ♪ i had the nightmare again maxine. the world was out of wonka bars... relax. you just need digital workflows. they help keep everyone supplied and happy, proactively. let's workflow it. then you can stop having those nightmares. no, i would miss them too much. whatever you business is facing... let's workflow it. servicenow. wondering what actually goes into your multivitamin? at new chapter, its' innovation, organic ingredients, and fermentation. fermentation? yes. formulated to help you body rea