watching the software company and texas roadhouse. seema? >> cog nex reported earnings and revenue that beat expectations and raised the diffident slower spending trends in china pushed the company to lower the outlook. that is down more than 11% in extended trade let's pivot to texas roadhouse the earnings missed by a wide amount 40 cents and the restaurant chain did cite a rise in cost. the performance is pressured by higher labor costs despite the earnings decline 2018 is shaping up to be a good year none the less, shares are down about 11%. it am cans ahead of tomorrow's consumer confidence number back to you. >> thank you final word, mike as we look to tomorrow and another batch of earnings >> every rally will be suspect until one holds. facebook could be interesting. i have been saying no one company is going to turn this thing, but they refer sale >> facebook wiped out 120 billion in market cap its last earnings let's hope that's not the same way tomorrow >> i will be covering coca-cola tomorrow the feel of this market is going to be

. >>> texas roadhouse shares are getting punished after earnings fell short of analysts estimates.s they say are continuing to effect performance. >>> and akamai getting a boost this morning the company announcing a 1$1.1 billion share buyback plan that's given it a 10% jump ahead of the open. >>> bp out with quarterly results this morning profits more than doubling to hit a five-year high higher oil prices are part of the story there. bp shares are up a healthy 4% in trade in london. i'm delighted to say cnbc's steve sedgwick joins me on set steve, thank you for letting me go back to the studio. >> you're welcome. >> tell us what's happening with bp >> luke at tyou look at the bano get into the weeds i do the same with the oil companies. sometimes you don't have to get into the weeds, it's just there for you. as you said a massive beat 24% beat on the headline figure as well. that's really as far as you need to go. you could say the cash flow was in line but we want more in this but the fact is this is a company we all know what transformed itself under the ceo bob dudley and the

bad timing they had the misfortune of reporting on the same day as the texas roadhouse.nother chain that delivered disastrous numbers at the same time, while the stocks pulled back hard from the highs, so it's not that cheap. on the earnings basis. i have been recommending wingstop aggressively ever since we spoke to the ceo in february of 2017. he's given us a 137% gain. let's dig deeper with charlie morrison to find out more about the quarter and the company's prospects. welcome back to "mad money." all right, i went through every single downgrade like valuation, valuation, valuation. i saw the same thing only one other time in my career when pat doyle became ceo of domino's it was at 11 and it then doubled. went to 250 under him. can't this company have a similar trajectory >> i really believe we can and i think it starts with our growth trajectory that you have seen already over the past few years, the continued same-store sales growth that we have seen 14 soon to be 15 consecutive years of positive same-store sales growth grew from 10 to 12% each and every year i th

better-than-expected earnings in organic revenue growth results were helped by higher prices and cost cuts >>> texas roadhousehares are getting punished after earnings fell short of analysts estimates. higher labor costs they say are continuing to effect performance. >>> and akamai getting a boost this morning earnings and revenue topping forecast driven by its cloud security business. the company announcing a $1.1 billion share buyback plan >>> when we come back, forget pap paperbacks and e-readers, author james patterson is releasing his new book on facebook messenger he's going to tell us why he decided to embrace the app and why it could be a game changer as we go to break a look at the premarket winners and losers in the dow. what do advisors look for in an etf? don't just track an index, help me meet a client's need. is the fund built to sell or built to last? etfs are only part of a portfolio. so make it easy to explain. give me a quality fund that helps me get clients closer to their goals. flexshares etfs are designed and managed around investor objectives. so you can advise with confidence. before i