twilio is sort of at the forefront of this. ,hile i am bullish on twilio this is a relatively new stock is pretty much first unicorn of 2016 we saw go public and rock out. ,he trade i am doing on twilio rather than just buying the calls or call spreads, because i think they are pricey, i'm going to flip it on its head and i'm selling be put spread. i am going out to january and buying the $40 put. staysically twilio can sideways or not go below 50 and i will end up making $5.50 having put up only $4.50 of risk. way ik that is way -- the can mitigate my risk and not worry about it whipping around. i will sit back, relax, and in january hope will be cashing some checks for twilio. julie: hopefully we will have many opportunities to say twilio in the future. thank you very much. have a great weekend. back to you guys. vonnie: that's great, julie. so much economic data comes out of canada. we will be looking at canada's economy next. this is bloomberg. ♪ scarlet:m bloomberg -- from bloomberg world headquarters, i'm scarlet fu. joe: i'm joe weisenthal. : the death toll from the terror attack

the twilio call gets a piece of it. >> why do you keep mentioning twilio, a recent ipo that performed very well if you were an inventor? >> i'll tell you what. beautiful story. they talk about the ear ofra of investing, u bbicquity. they have nike and why do you get pushed? i push my olympic stuff, that's from twilio. they're embedded, they've got t-mobile, doing a lot of good stuff with them and they're on amazon and get a piece of every trade, whether it be facebook messenger, or air bnb. they are the future of cloud commuting. >> gotta. >> it's one of the great conference calls. it was a beautiful conference call. >> that's one area that walmart is not focused on is cloud commuting unlike of course amazon and web services which is growing enormously and gives them another engine. >> there's throwaway in the facebook call mark zuckerburg talked about, bots that's twilio. they get money in every message sent, or every phone trafficker or authentication, they're doing it for sentiment. i think that guy's saying negative things. guy the way, did you get the go time from apple? >> apple

twilio. plenty of whom to grow. not overvalued. >> and after labor day supposedly going to be more tech ipos in the market. >> fine. >> doesn't matter? >> no. may come out of other names pep folks thinking not much growth left. twilio is a name that is to be reckoned with in the space. >> all right. >>> trader blitz. first up gamestop under pressure, quarterly sales fete short of estimates. jon? >> yeah, well, luckily, mel, one of the mines i've avoided lately, but loved in the past. loved getting into this stock. especially just ahead of earnings, but certainly happy i wasn't in it this time. there was not a sniff of positive action going into the quarter. so -- luckily -- >> and jeffries behind benefit manager firm scripts, the related sell-off is over done. >> completely agree. the ceo of mylan yesterday threw them under the bus. a decoy of getting the attention off of her and her company with regards to the epipen. these companies have done, pharmacy benefit managers, that, have done a good job keeping prices lo

the hottest techs, acacia and twilio. both up triple digits. along with talend and line. so, where are the unicorns? uber, air b and b and pin tres and drop box? former twitter chief says there's still in private plan. >> we've been with a twili, coming out and having a great run here. you've got some robust private companies that could be public anytime and awesome platforms. really taking their time and perfectly content to keep moving along in the private markets. >> but there are several tech companies that may go public in just a next couple of weeks, the trade detection is a realtime bidding platform for onlines. they just filed and so did ever bridge. they provide emergency communications soft far and nutanics provides data center storage and may go public soon. if the market holds up, there should be a lot more, not only are spots holding up, but the ipo market overall is doing great. renaissance capital itf, this is a basket that has been handily outperforming the s&p. i promise you, the ipo market keyed up in september. thanks. >> wow. thank you. bob pisani from

josh lipton ready for twilio. roy following lindingclub and bob mentioning, of course, a lot going on out that company and watching all of the reports closely when they hit momentarily. joining us is cnbc contributor from "the washington post." also with us for more on today's market action is "fast money" trader tim seymour. welcome to all of you. i want to start with you. oil continued to climb off of some new lows that we hit last week. the fed had been worried about oil earlier this year. but now people are saying maybe what we were seeing is just technicals. the fundamentals of oil aren't really showing any cracks. >> how do oil prices feed into inflation? the fed had a target of 2% inflation and has been missing that target for a long time, it looks like there might be some movement some potential that we're getting closer to actually seeing that but now they're asking themselves a new question, do we need to go over 2% inflation in order to ensure that we meet our goals because we have been under it for so

this stock may not have the sex appeal of a twilio, few do. but i think they may be underestimating it. we're going to play a little game to get our heads around the positives and the negatives. let's start with positives. we know that housing-related retailers have been some of the strongest performers in the bricks and mortar space, think home depot. tjx is popular. home goods. selling reasonably priced items which can be delivered to your door, no assembly required! plus, this is the potential to be a major regional to national growth story with the company expanding to more than 600 stores before they saturate the market, wow. and these are true super stores. even better, more than 70% of their merchandise is either unbranded, private label or designed by at home itself. meaning they mostly sell their own products. they carry higher gross margins. beyond that, at home competes at a large and highly-fragmented industry. the largest players have tremendous market share, but the three largest account for 25% of the business. i now think it's

. >> caller: twilio. correctly! just got excited there. how can i help now? >> caller: i believe that this company is definitely in its infancy, and i'm trying not to watch the daily gyrations, because there's only like 10 million float out there. >> right. >> caller: do you believe long-term, and this is long-term underscored, do you believe this could be the next amazon.com? >> that's a total worry, i do think twilio's business model taking a little piece of action is good. i want you to sell one quarter of your position and let the rest ride. and congratulations. judy in florida. >> caller: it's nice to hear your voice over the phone. i love your show. >> thank you. >> caller: i'm pretty sure i hold or sell? >> it's had such a big move. i got to tell you, it's got such a big move, i need you to cut it in half. this has been a huge move off the bottom. and i want to press our luck here. cut it in half, let the rest run. i know just how this offense is run. the plg let's get out there. plenty more "mad money" ahead. if there's one thing people around the wor

twilio just coming public.hat has let everything ultimate out here you're a partner now with -- and invest partner, as you are asked for guidance and mentor some of these executives, what is the biggest piece of individual you're giving them? scaling your business changes, and you have to think about all the dynamics of the business differently. the way you think about financing growth, the way you think will your architecture. >> it just always changes as you go from ten people to 100, 100 to 1,000, and so forth. >> and ceos, who understand that they have to migrate those different orders of magnitude are more successful. i think jeff lawson has done a fantastic job of doing his best. they have a lot of work to do, and you know, seeing that he's reaping the benefits of that. >> it's always delicate to ask a ceo about his -- but they should have kept dick around, as he said the product offering is lacking. >> listen, i think, and i've said this before, jack is one of the most thoughtful leaders and calm, ethica

twilio saw quarterly revenue jump in the latest quarter. and gave a strong outlook on increased demand for its products. news corp. posting stronger than expected sales. digital real estate business. so mixed quarter there for news corp. >> now to today's must read stories catching our attention. this one is making the news today gop senator susan clinics wri collins writing for "the washington post." why i cannot support trump. saying mr. trump's unsuitability for office is based on his disregard for the reseptember of treating others with respect an idea that should transcend politics. instead he opts to mock. this one got a lot of attention. it's a lael big development in the last couple of weeks. not only is he now lacking support, he's actually getting activelily criticized. the question is will any big profile highly recognizable names come out, republicans, against him and are they going to vote for hillary clinton and endorse hillary clinton which is the other thing. a lot are saying i can't vote for trump and then the assumption th

deal we werent involved with was twilio. market has done there have been big corrections. to the was a and twilio valuation discount and has become the top valuation in the sector. cap spot and find the best companies. that stock is up 291% this year. thank you very much. this dovetails into what we were talking about what accurately measuring gdp. when you have tech companies coming in and changing the way we run our economy. jonathan: valuations are good. this conversation will continue. coming up, pending hangover tensely for oil bulls and why china is cleaning up its act. from new york, this is bloomberg. ♪ jonathan: this is "bloomberg ." this is battle of the charts. got the power because i have the only vote. alix: there were two big commodity calls from goldman sachs and citigroup. oil -- uh oh -is we are having technical difficulties so you go first. i want to rip off our last guest talking about how much technology is important for the market right now. white line, i have an index of chip companies. look at how well this is done this past year. this is a rally

outperforming, twilio up 260%. talon's up 54%. two characteristics in common.rst tech stocks and growth. several tech companies with good growth have a shot at coming public soon. those data center storage. a subscription service with managers, managing technology. and consumers that might qualify including elf beauty pap low-cost cosmetics company and yettie. high-end coolers. they're hot now. and strong brand names, not much in the name of top-line. good sample, makes auto motive radios. and what's not working? what's going to have a tough time? my group. biotech and unicorns. a big group. biotech worst performing sector in the year. after a huge stink we've seen around the epipen fiasco and drug pricing in general, a lot tougher time going public. the unicorns are a separate problem. uber, airbnb, snapchat, all have high private valuations. without earnings, it's going to be hard to support that in the public markets. i wouldn't look for any of them this year. scott, it's all about growth of some kind. back you to. >> bob pisani knows this better than anybod

we begin with twilio, which is soaring today. >> talked about this thursday. the stock went from 45 to 49 on thursday. the stock is 60 today. what is happening is that the analysts, the reality of strong earnings that are not driven by a large contribution from whatsa whatsapp, biggest customer, earnings up 70% coming from other places. whatsapp is actually not contributing as much. >> right. taken me from 44 to 60. what do i do now? >> scares me. when you're scared, it's a hard trade and usually that's the right trade. probably continues to march even higher. by the way, jim cramer talked about this all the way up. >> in $61. micron, pete? >> absolutely on a rocket ship ride. a poison pill, incredible knuble activity, almost every day including today. huge buyers in there. i've jumped on again. i was out but because of the buyers today i'm back in. i think this thing's going towards 20. >> jimmy, super quick, upgrade? >> the refining margins are so terrible right now, just a sector to avoid. just that simple. >> okay. stephanie

here as they cash flow their core business and add these high-growth business voiceover ip and the twilio business, a communication app you find inside your uber. i think that's an interesting turnaround/growth story that's cheap. we own semi stocks as well turnaround stories like marvel and micron, beaten up. >> oh, man, beaten up. >> everybody, it's funny, everybody loved micron, could do no wrong. stock at 30. makes no sense at 12. or 14 now. so we think the industry consolidated and the bull case from two years ago will come true in the next cycle. >> josh, inner its of chips, made the case nor nvidia sending that stock up. mittsed out, add midded but now are in. >> a small in. stock doesn't run so i can buy more. curious what is there to like about something like micron where they have essentially no control over the cycle, sales. do have some operational and execution control where they can do a little better. they can have less costs. end of the day don't own their future and can't see past the next six months if an oem cuts back orders or a financial economic weak spot somewhere i

i bought 25 years of twilio at 24. should i get some more? >> no.oing to report august 8th. let's see what happens. this is a play of a lot of growth we see in airbnb, facebook app. let's hold off this close in the quarter. let's go to bob in alabama. bob? >> caller: hey, jim, love your show. >> thank you. >> caller: western digital. i've got it. it hasn't dropped to where i'm at. >> i don't know. it's such a commodity play. i mean, if you want to be -- [ buzzer ] i'm always, look at seagate, went all the way up and all the way down. i mean, if you want to be in a commodity play, i prefer you to actually be in intel where i think you got the yield, good balance sheet and management that is concentrated on making money. angel in connecticut. angel? >> caller: boo-yah, jim. thanks for taking my call. >> of course. >> caller: my stock is cypress. >> i think fundamentally and a lot of consolidation happening in this space. so cypress is a keeper. that, ladies and gentlemen, is the conclusion of the lightning round. >> announcer: the lightning round is s

one, twilio, that's it. the idea of venture capital is you invest and get the exit.he exit -- >> with no off ramp -- >> interesting he did not say that his role model in business was magic johnson. because magic has had a very successful -- >> blazing the trail. >> i think there's a little rivalry there. >> there might be. although i will say one of the greatest vc investors of all-time -- >> was -- >> is ashton kutcher. so celebrities can do well. >> he's been at it for like to a point for more than a decade, i think, right? >> since "that '70s show". >> but not the '70s. >> exactly. from venture capital to adventure capitalists, premiering tonight. >>> does donald trump's new campaign team need to take away his twitter account? we'll tell you about the latest tweet from the donald. trust me, you got to hear this one to believe it. plus, the other presidential candidate you're not hearing much from, gary johnson, still thinks he can win. he'll explain why next on "power lunch." to buy t ncht >>> all the talk is about donald trump and hillary clinton, but there's ano

twilio saw the quarterly revenue jump 70% in the latest quarter which happened to be the first quartert the company reported as a public company. strong outlook on demand. remembers allows companies like netflix and uber and facebook what's happen to speak and text with customers without having to exchange contact information. >>> inner pipeline buys williams for $1.3 billion. the purchase includes extraction facilities as well as 260 miles of pipeline. news corp. posting an increase in sales thanks to strong performance in the company's digital real estate business. still the wall street journal earnings fell short of consensus. not necessarily noticeably. it appears unchanged right now. >> valeant earnings out. i want to let you know they backed their full year guidance. are they going to make a giant cut again on the guidance. megais going to bring you the numbers. they do back the full year guidance so maybe a small amount of good news on a stock that is down 91% overall 12 months. >> let's take a quick check on the markets this morning. the futures before the opening bell. all thi