mike, thank you. >>> sean parker is former president of facebook.w him from the "social network" movie but he actually made his mark first when he co-founded music file sharing company napster. he joins us exclusively from the ford opportunity zone summit here's what he had to say about spotify and music streaming. >> i'm obviously a huge spotify fan. i'm biased clearly but i think spotify has done an incredible job executing and from a product perspective the product offering is a superior product offering apple obviously comes to the table with a lot of heft and, you know, power in the device market, which will give it an advantage in any industry that it tries to get into but i think spotify's execution on the product side has been superior >> looking at the price of spotify, 133, sharply below its ipo or at least where it went public i know you're not on the board, sean, but how do you view this whole industry shaking out today there's a report that the parent company of tiktok is going to go after spotify and apple music in emerging markets. it

and later, don't miss sean parker this afternoon on "closing bell. in the meantime the dow up 137 points take a look at the names leading the index higher more straight ahead. is enough? everyone, look at your phones. the design thinking, the digital engineering, security, blockchain, and we will be first to market! yes. when we do we launch? unfortunately, in 2 or 3, hours. why the delay? cognizant is helping banks use digital technologies at scale to advance speed to market. >>> europe set to close momentarily. and seema mody is joining us with the market action >> european markets finishing mostly higher but let's point your attention to the ftse 100 set to close at session lows right now. here is the story. theresa may unveiling her new brexit proposal today and the pound is jumping as may has proposed a vote on whether offe a second referendum. the currency market, the pound has been down 11 straight days against the euro that of course a big story to watch. you see popping up about a third of a percent let's turn our attention to broader market

>>> speaking of social media, don't miss an exclusive interview with former facebook president sean parker p.m. on "closing bell." here's what's ahead on "the exchange." >>> coming up, "game of thrones" and garlic we'll tell you what the two have in common. >>> the movie subscription service isn't dead after all >>> plus, youtube star camp is coming. >>> and the surprising stock that's up for five straight months and up 107% this year that and more ahead on "the exchange." uh-oh, looks like someone's still nervous about buying a new house. is it that obvious? yes it is. you know, maybe you'd worry less if you got geico to help with your homeowners insurance. i didn't know geico could helps with homeowners insurance. yep, they've been doing it for years. what are you doing? big steve? thanks, man. there he is. get to know geico and see how much you could save on homeowners and renters insurance. roxana: when i got into teaching, it was this idea of really transforming our schools. marisa: one of my biggest responsibilities as a teacher is to serve as an advocate for my kids. newscaster: hun

>> and we'll be all over the market rally and in the 4:00 hour, an interview with sean parker we'll talk, opportunity zones which he is very into. the administration's push to try to get investors to go into areas that need them in terms of development. plus we'll get earnings, results from nordstrom, urban outfitters and toll brothers. and keeping a close eye on the retailers after results from kohl's, t.j. maxx, home depot, jcpenney overall theme was disappointing showing that the department stores just aren't turning it around the bottom line, a contributor wrote me, an expert on all things retail, she said that the companies have been trying to drive traffic through fewer promotions and it just does not drive traffic. they are trying to drive comps that way, but it is not a sustainable way to do that and therefore they are paying the price on that. she also said you just have to look at the stores themselves. you go into a target, and you see the venerated revamp and it is a whole different ball game than going into a kohl's which does not feel she says fresh and they have not done t

beliefs instead of challenging them why do this publicly >> well, look, we heard the same thing from sean parkergo made the mental health issue and made mental health issue for his own philanthropy and said that facebook poses a huge challenge to mental health in the country it's funny when i first said is this chris cox he has not come out publicly and said anything like this before but i do think there is a sense inside the valley of misgiving if you will about some of what these products have done and what they're creating. now what that ultimately does is change the debate in washington. i don't know right? does anybody stop using facebook because of it? that's the bigger question >>> coming up, health and human services secretary alex azar joins us to discuss drug pricing and consumer protection. that's first on cnbc interview straight ahead can you match watching an ad watching nightly news and it says 11,000 a month. "squawk box" will be right back. >> announcer: time now for today's aflac trivia question. in 1964, what beetles song held the top spot in the billboard 100 for three and a h