. >> despite lebron's decision, came out with big hullabaloo, he overpromised and underdeliverred and now with the mea culpa. >> what is says about bill, he is wait out there. >> three-hour presentation. melissa: goes all-in. that is way you play it. >> that is not how you play it with the investor. this might be a crappy company. melissa: gopro looking camera ready trading in the green ahead of its first earnings report as public company. look at that, battling back in what is a terrible market right now. one of the only stocks out there winning, up about 100%. >> camera, small camera company. melissa: small camera company, and a lot of people raising flags warning folks, among them jpmorgan, saying that they're facing declining camcorder market, lack of available products. competition on the horizon. increasingly encourage people to go out there to take huge risks to jump off things with this camera on. if somebody really gets hurt there will be backlash against this product. at the same time watching stock soar. where do you come down. >> zero percent interest rates, the market is

he overpromised, way underdelivered, and then he cried. it seems inappropriate, you know? don't know if he's -- this is going to be an issue. liz: personal with him. >> yeah, but that's not good. not in investing. liz: not when it comes to investing, shouldn't be personal. charlie gasparino, thank you. >> okay. liz: closing bell in 27 minutes. looking for new ways to play gold while minimizing your risk? a company called royal gold could be a great way to put a shine on your portfolio. it has been so far. up 67% year to date, we're speaking exclusively with the ceo in part two of our mid cap marvels. >>> and with fox business earnings after the bell, we're finding out what's really going on inside mark zuckerberg's company from a ceo who's had close ties with facebook from the early days, joining us in a fox business exclusive to talk facebook and the power of social media. when people complain about companies. ♪ ♪ ♪ ♪ liz: investors are gearing up for facebook earnings in particular coming up after the bell. we're also getting at&t qualcomm, but whisper number.com founder

this company continues to overpromise and underdeliver.to be hung generally. >> little visibility whatsoever. and, you know, it's underperformed. the stock should be lower in my view. lower than where it is today. >> walmart's ceo will be transitioning out of the company effective august 9. his replacement has already been made. >> he comes from asia. a lot of challenges there, particularly with their focus on the e commerce side and going to smaller stores. when you look at the hyper markets, clearly costco stands out to me as the trade. >> dr horton taking a trade on earnings and soft home sales data. >> this was the first time in a long time, you got a really bad quarter from one of the home builders. i still believe in the housing recovery long term. i'm watching this thing closely. i want to see more of a pullback because the quarter wez weak. >> qualcomm is in the red after lowering its revenue outlook due to trouble collecting royalties from some chinese manufacturers. >> that's right. if they think the china manufacturers are not p

the japanese market, for two decades has underdelivered on productivity. they are paying a price.his point it's great to see improvement. i will always acknowledge it, but this number has to get much higher if we're going see the economy get hiealthy and rates o up for the right reason. >> thank you so much. >>> and new apps from public parking spots to hard to get restaurant reservations. called the rise of jerk tech. and the city of san francisco is entering the fray. that debate, next on "squawk alley." >>> plus, keeping our eyes on the markets. nasdaq now down 16. not had a 2% move lower on the nasdaq since april 10th. back in a minute. i make a lot of purchases for my business. and i get a lot in return with ink plus from chase. like 50,000 bonus points when i spent $5,000 in the first 3 months after i opened my account. and i earn 5 times the rewards on internet, phone services and at office supply stores. with ink plus i can choose how to redeem my points. travel, gift cards, even cash back. and my rewards points won't expire. so you can make owning a business even more rew

it's "underpromise and overdeliver," and in this case, we overpromised and underdelivered.ted, and i'm angry. i'm still gonna move forward with this deal, 'cause i know that my money is safe with this company, and i know we're gonna be wildly profitable. i guess the disappointing factor is, it's gonna take me a little longer to make a return on my investment. look, this is business. >> [clears throat] >> your numbers weren't right. i need to know for sure that this is never gonna happen again. >> it is never gonna happen again. >> okay? >> yes. >> all right. >> so i'm real excited for you to see the inside. we got a lot done. i know you were worried about the $40,000 to clean the place up. >> for the cleanup. $40,000 to clean up garbage? >> did you see it? >> [bleep], i'd have come done it myself. >> there was a lot to clean up, and believe me, you wouldn't have. >> michael, you did a great job getting this place cleaned up. >> thank you. >> i mean, you move as fast as i do. >> it happened quick. >> it's a great shell. >> it's a beautiful building. it really is. it just nee

sometimes we republicans overpromise and underdeliver but it looks good this year. >> it sounds liket fair? >> i think it will be a fair majority but i think the chances are we get the majority and that is a function of the direction the country is headed and the fact we have good candidates. >> why cleveland? republicans are headed there in the summer. >> perfect choice. i am excited about it. i lived in cleveland as a kid. i think it is a great choice. it is an emerging city in the heart land and no state is more of a swing state an ohio so that is good. it is big, diverse, represents everything the republican party represents in the sense we are a big diverse party and we need to communicate that better. it will be a great platform to talk about the agenda and we can help lift people up. it is a fun town. >> and with the lebron james. you are getting lots of attention with that announcement and the convention now. you say if people are not willing to step up and change america the way you want it you will throw your hat in the ring. how serious are you for that? >> i have said i t

herbalife says in part, "once again, bill ackman has overpromised and underdelivered on his $1 billion bet against our company. after spending $50 million two years and tens of thousands of man hours, bill ackman further demonstrated today that the facts are on our side." they go on to say, among other things, "we recognize that he is running out of time to make good on his bad bet against herbalife. today is evidence that bill ackman will not succeed." so, these the first comments now from herbalife itself following bill ackman's presentation in midtown manhattan. the most notable news today arguably what's taking place on wall street with herbalife's stock. as you see, shares up more than 19%. it will go down as one of herbalife stock's best days ever, certainly in the last six years. so, these the latest comments now, guys, straight from herbalife following ackman's presentation. >> scott, remind us of the guest you had on earlier today who said he was liquidating other positions so he could get further long herbalife, that he thinks now this company is one of the best poised he's s