and later, tech entrepreneur, ted leonsis, the owner of the capitals and the wizards joins us to discussaming. we're back in 90 seconds - [spokesman] if you've tried college but never finished, (group cheering) snhu lets you transfer up to 90 credits toward you bachelor's degree. - [woman] it doesn't matter how old you are, you can do it, you can finish. - [spokesman] finish your degree at snhu.edu >>> welcome back shares of alphabet trading lower by 3% after reporting earnings moments ago. let's bring in ali mugalai and tripp miller for their reactions. ali, why is it trading lower >> probably a miss on the bottom line that's probably only thing that i can see. what i would say is the revenue was very strong. you're talking about a 20% growth, which many actually doubted after q1 it looks like their advertising remains strong and the other bets so i think they're having a pretty -- they're pretty successfully, actually monetizing youtube further and capitalizing on that mobile search i think it looked pretty good from the top line. >> tripp, your take? >> it's very similar we think that

joining us is ted leonsis, chairman and c.e.o. of monumental sports and entertainment.ams. and joe ascher, c.e.o. of william hill this is news this is actual news, is it not, guys can you tell us what's happening? ted, you start out, or joe, since you're william hill. >> go, joe >> yeah, we're excited today we've been working with our friends here at monumental for a while to try to get over the line and we have and we're going to build a planned new sports book herein side of the capital one arena in the heart of washington, d.c. we're really excited about it. it's going to be accessible to folks from the street as well as from the arena it will be the first sports book inside of a, of a sports arena here in the u.s. we're looking forward to getting going with it. >> and i'm very excited about using interactive data and the sports book to make a more exciting experience for our fans, give fans a reading interest in the teams. and we will work very, very closely with the people at william him to make sure that is best in class, most modern sports book, but more importan

in d.c., ted leonsis is leading forefront. they want a bar gambling venue by capital one arena.w. >> i read about that. it looks amazing. real quick, are you concerned that millenials will do this, instead of investing their money? instead of buying real estate? i watched these guys, again they were betting on everything. they had their money. they were talking about being up 700 bucks. then being down 700 bucks. are you concerned about, you know, just maybe deterring millenials from traditional investments? >> i had this concern long before this. millenials in urban areas, apartments, spending money on student loans. if we want to go after in that angle, 1.6 trillion-dollar student loan debt prohibiting millenials and gen-zers to put money. i was one of those. i think this is fun. they have been doing it already. we might as well make it legal and let states get the revenue. i think it is great. charles: good seeing you. been too long. >> awesome. charles: i'm seeing signs pointing to a trade deal with china being signed, sealed, delivered in the next six months. if that is the