world is guy adami wearing a unicorn onesie a unicorn onesie we'll tell you what that's all about latern the show and trust me, you do not want to miss that. >> the pot stock soaring after hours and we reported that canopy is near bing uya deal with acreage holdings. much more "fast money" right after this >> welcome back to "fast money." las vegas sands, shares of the company getting a boost. let's go to contessa brewer at headquarters >> hi, melissa strong quarter for sand across the board. the company gets most of its revenue stream from china and this is the poster child for the eminfueling profits in macau it's want the so-called whales driving the profits and it's the premium mass and mass gambling segments the comps in 2018 were strong and the smoking ban obviously began this quarter and macro concerns were out there and vip is softening and yet against this backdrop we delivered the best quarter since 2014. >> set a record in mass table there. up 13% over the last year and the company is investing $3.3 billion expanding marina-based sands in singapore and the company is rung 98%

lauren: there's a new breed of unicorns, a profitable unicorn, and that is zoom. it actually makes a profit. we've been talking about lyft being a disastrous ipo. now there's a lawsuit, investors saying it was over-hyped, stock down 17% since the ipo price. what do you think? >> big difference between lyft and the two companies coming public today in that lyft may never make money. it's estimated that pinterest could make over $400 million in just three years. and zoom is already profi profie on an adjusted ebb tak ebitda b. lyft was the worst from a financial standpoint of all the unicorns to go public this year. they acknowledge they may never make money. i think the lawsuit is a bit of a joke. i would say it was a very successful ipo. it's the trading aftermath that's a big difference. it's important to bifurcate the two of them. on the first day, a lot of the companies will trade spectacularly. after that it's anybody's guess. lauren: jamie dimon testified before congress on the economy and the health of the banking system. he spoke to maria bartiromo in an ex

on bloomberg.com, unicorns are taking a tumble — unicorns being privately held start—ups valued at over its stocks are falling and some worry it's an ominous sign for other unicorn companies. to india's business standard, and over 1,000 facebook pages have been taken down as the world's largest democracy prepares to head to the polls in a general election. facebook says it removed the pages in a bid to stem misinformation. and finally, in the irish times, ryanair has been named as one of europe's top 10 carbon emitters. it's the first time any entity other than a coal—fired power plant has been named in the list, but a spokesperson for the airline says they're europe's greenest and cleanest carrier. priya is back. priya lakhani, founder and ceo of century tech — a uk—based education technology platform. let's get started. many have been playing on words with bottoms because there have been a lot of bare bottoms in parliament yesterday and these activists who are using what was a

you are going to start us off debutse stotock market known as unicorns. a mararket valu of overer $24 billion withoutut evr turning a profofit. it is the latest among the soso-called unicorns, worth over $1 billion, but with a a growing listst of sucuch countntries, me wondering if it could be a bubble ready to. was a triumphant market debut for lyft. shares were $72 each, giving it a market value of jujust over $4 billion. not bad for a company that has yet to turn a profit. uber,ompanies like .interest, and airbnb >> a lot of household names show attention.n. the aggregate value of companies readady to go ipo is over $100 billion. 330here are more than unicorns. private companies valued at over $1 billion. many feel the pressure to justify their valuations before the next recession. ipo's, most up for are still feeling losses. lost $911 million last year. expected to be the ingest ipo of a country history. in 2018...8 b billion company alsorent hadn't made a profit. its shares have tumbled more than 60%0% from its first peak. isthe european index climbi

what this means for ride-hailing and other unicorns going public this year.you like us, listen to us on bloomberg radio, on bluebird.com and in the u.s. on sirius xm -- bloomberg.com and in the u.s. on sirius xm. this is bloomberg. ♪ caroline: uber has officially filed for ipo, making its s-1 public on thursday to give a look at crucial information. ofy generated net income $997 million, on revenue of 11 billion dollars, but $3 billion of operating losses. uber is expected to be the largest ipo this year in the u.s., and among the 10th largest of all time. joining us is mitchell green in santa barbara, and in new york olivia and eric newcomer. we had almosthat $1 billion net income, but because they sold a lot of stuff. this company is losing significant cash. isc: almost like uber looking at gap financials. because of assets they sold in accounted for operating losses. $4 billion last year, $3 billion this year, $10 billion in operating losses over three years, so this is a massively money-losing company. caroline: which we are not surprised about. olivia, y

you've got a lot of the key unicorns this particular year coming toward you.do you have to fight for your territory? jeff: well, i think competition is always great in every market. last year, we were pleased to welcome 72% of all ipo's and the public market. as i mentioned in q1, we had a 91% win rate. while we compete vigorously for every deal, we think ultimately, that serves the companies best to have a couple different options in the u.s. market. caroline: jeff, we look forward to seeing how the battle continues to unfold and how new companies continue to come to the nasdaq. we thank you very much, jeff thomas with the nasdaq. still ahead, will humans merge with machines? elon musk may be close to developing the technology to do so. we'll discuss that next. this is bloomberg. ♪ caroline: softbank is increasing its bet on insurance, leading to a funding round. a company which uses ai to speed up claims to process rent from homeowners based $175 million from softbank and others. the firm says it plans to use the money to expand globally and offer new produc

which just reached unicorn status. let me walk you through the u.s. market action.his is how we ended the day on monday. a bit of a mixed picture. the down was down about one third of 1% but it could have been a brighter day and it not been for two major stocks, mainly gm and boeing. ge and boeing rather. those two on the down. the s&p 500 seeing a bit of a lift, but barely. up three points. haidi was talking about how we are close to getting to that record high. off by about 35 points. the nasdaq seeing a bit of a lift, up 2/10 of 1%. the s&p tech sector was one of the biggest sectors moving, in addition to the s&p 500 energy sector in terms of the oil markets with the conflict in libya. a quick look at active futures just arming up now for the s&p. we can see they are flat. sophie, let's see what is trading in asia. sophie: we are looking at modest gains with asian futures pointing slightly higher. change 50 with little but some upside. bond markets beginning tuesday. of course, waiting on aramco's debt offering. attracting $75 billion in orders. when it comes to

that's a benefit other tech unicorns don't have.aroline: i want your take on what this might breed in terms of new millionaires, billionaires being coined at uber, people who will finally get some liquidity. they have worked on the business, and we will see some big money being made by those who have worked for the company and invested at the company. what does it mean for the channeling of more seed funding yet to come from new angels? bobby: i think you hit upon it. as soon as a company like uber goes public and creates all these millionaires, many times we see those are the very people that are backing the next great ideas. when you think about the path of a company, first of all, think about when there was an entrepreneur who had the idea of uber, worked with angel investors and then venture capital investors. how important it is for our country to have those sorts of people willing to take risks and willing to provide capital to new ideas and get them off the ground. so the fact we will have a lot more angel investors, or even

for us on wall street high end so first lift now pin to rest another bellwether for how tech unicorns might perform as a publicly traded companies now what the picture is emerging for investors so far. well i mean especially if we look at pinterest it's a good omen for all those i.p.o.'s to come probably early may we might see the i.p.o. of over so that would be by far the biggest i.p.o. in a years but you mention a lift so we can't really judge from one day when the lift started trading so we go the stock also had a very solid first day of trading but since then it has to drop to seventeen percent from its i.p.o. price but you did mention that pinterest is also not profitable but their loss is rather small with sixty to sixty million dollars in the past year lift in comparison last year had a loss of almost nine hundred million dollars but it was certainly a solid start and now we have to wait and see for the next couple of trading session if pinterest actually will do a bit better than give. to interest of course not the only company making its debut today at the new york stock exch

beyond fast. ♪ emily: another tech unicorn has hit the public market and unlike many of the other unicornso public, this one is actually profitable. videoconferencing companies will skyrocketed more than 70% in its trading debut thursday. shares opened at $64 in what is now the august ipo of the year. many others are looking at it as a barometer. i sat down with the ceo eric yuan and asked if he was feeling the pressure. eric: i do, prices are too high. emily: you think prices are too high? eric: i think so. priceday we finalized the , and today, there was a bigger pump. it is out of our control. we just need to go back to work. emily: how do you live up to it now? eric: first of all, i would say the market opportunity is huge, right? over $40 billion in market opportunity. the customer trust us and so far there are very excited and very happy. as long as we stay humble, continue working as hard as we to keep delivering happiness to our customers, i think it will be ok in the long run. have jumpedpeople about how zoom is a rare unicorn in that you are profitable. should we expect you to gr

then you add onto that all of the unicorns looking to go public and seeing how this ipo goes. we are reading a lot into it because people care about what will happen. in the long term, facebook had trouble in the beginning, other companies pop and then go down. there is a limited amount that you can read for the long-term about lyft and what it will do based on early trades. amanda: one thing that you don't like to see, because it can cause trouble for others, if the banks is priced it, if you didn't leave enough on a table for the aftermarket. is that the case or will this always be volatile and we have to see? eric: that six at two dollars to 72, ande, moved up to then went up to $72. they sort of made their lives harder hereby going above their .riginal range clearly, they got buyers at 72, which means they are not leaving money on the table, but playing the expectations game, it's made life more difficult for them in the first few days of trading. hasda: of course, what lyft in common with the other unicorns coming, they are losing money. , forit be harder for uber well,ce

good sign for the rest of the unicorns or maybe just a head fake "power lunch" starts right now a check on the markets euphoria wearing off with the major averages higher across the board with the dow up 33 points. the s&p 500 aiming for seven-day winning streak for the first time in a half a year. right now, holding on to an 11.5 point gain kelly? >>. >>> we begin with the criticisms of the fed by the president trump. eamon javers at the white house. eamon? >> reporter: the president on his way to california today. going to be doing a border event and a couple of other events as well but on his way out of the white house this morning, he stopped to talk to reporters and re-upped his criticism of the federal reserve and in fact, asked for an end to quantitative tightening and what he wants is. here's what the president said. >> i personally think the fed should drop rates. i think they really slowed us down there's no inflation i would say in terms of quantitative tightening, it should be quantitative easing. very little, if any inflation, and i think they should drop rates and they sho

and the point is these are all called unicorns because they are all called unicorns because they areion and what are valued at $1 billion and what are they based on? with slack, they have grown enormously, it is a messaging application used by a lot of companies, and actually i have a fellow friend who was a gp now using it, there is no reason why other tech companies can't use it because it isa tech companies can't use it because it is a subscription model and you can see how companies start to make money without but the issue with uberand is is money without but the issue with uber and is is no subscription to use the application. the way they make money is actually on the fares themselves but in order to gain market fare and fighting each other for market share, now subsidising the fares using the current investments so how are they going to make money when there is this big sort of land grab, if you like, when it comes to ride sharing and cards? in the meantime facebook, never out of the news, the standard in india is looking at their elections coming up is looking at their elect

what is the message for these other unicorns waiting in the wings?k they are a little scared. was supposed to be the first in this big stampede of unicorns startups that were going to come out. we are still expecting to see t r, pinterest, and peleton, but the early reception to lyft is not what people were hoping for. >> they were talking about not , but ae pent-up demand lot of insiders have not sold their shares enough to short the stock. unicorn see these companies where you have shareholders who have been in the company for so long, will that exacerbate the situation? why not just get out right now? >> a lot of them can't get out right now. expire, thatups will be another can of worms that will open up. dayerday was only the first that they could borrow for some of the shorts. this is just the beginning. >> there are some lessons to be learned. some criticism of lyft is that very little has floated. there is a limited amount to some extent. out pre-ipo.ld are there any recipes that will be taken away from this that will not be replicated? >> cer

in the world that's the thing cryptocurrency pain that sounds like a unicorn waiting to happen. we like to think that as an investor well how long before the unicorn thing hits because i want to be able to buy stacey another cup of coffee. and i think about that i would guess i could buy but anyway circuit thanks for being on the kaiser report thank you well that's going to do it for this edition of the kaiser part was me nice guys are on stage heard like to thank our guests are gay cutler he's the c.e.o. and founder a bit re felt a bit re felt. yeah we own shares of the company if you want to catch us on twitter it's guy's report. what is it calling his magic and the new type of digital currency. digital scarcity chancellor. of second for bankers call the genesis blog for reason calling it civil disobedience a source of optimism because i can control my own financial destiny it's just a new way of coming to consensus it's a game changer in the human history this is columbus discovering the new world this paradigm shifting technology that transforms economics and finance in a he

another upcoming unicorn debut is slack and the numbers are based on the valuation at the end of eachast private funding round. of course, you also have lyft and levi's that went public last month and were both valued over $1 billion chip bergh will join us tomorrow as levi's reports its first earnings report as a public company this time around >> in addition to that, tomorrow will have the brexit eu summit, cpi here in the states, ecb, fomc, bank ceos on the hill, and that's all in advance of the earnings parade that begins friday >> tighten your jeans. >> crazy week continues. indeed intraday, dow has not moved around a whole lot it's been disney and apple that have been outperformed the rest of the components. and then we continue to battle it out around 2880 we'll see if that dynamic changes. >>> i'm scott wapner stocks might be falling but one big name is rising again it is apple, going for a ten-day winning streak, its longest since 2010 is that the most positive sign yet that the rally's momentum is far from fading? it's 12:00 noon and this is "the halftime report. >> announce

it does not seem like unicorn ipos taking up all the attention and just this morning, beyond meet set price range. that company makes plant based meat alternatives and seeking valuation upwards of a billion dollars in its ipo. slack is expected to do its direct listing, an alternative to an ipo without an underwritten deal in the next few months or so. there's no doubt the ipo window is opened but that could all change if a few of these recent ipos start massively underperforming or if the market slumps or volatility spikes. if any, one of these variables changes, investors will have far less appetite for these unprofitable, untested businesses at lofty valuations, guys. >> interesting, leslie, thank you very much. >>> back to kara on this one. i think that beyond meat valuation is double the prior round. you can snicker at what they do but we'll talk about them when they come to market. >> i don't snicker at them. that's a really interesting question -- i don't snicker at all. that's a really interesting area. no, it is. these are products that people are becoming interested in, the

in order to grow these unicorns, it takes hundreds of billions of dollars to make it work.re capital to follow, to deliver and build great businesses. we are investors. we are in there. usually, we're there before softbank does. they have been great partners. >> let's talk about one of your investments. you made the largest investment in yellow which is based in brazil and none for the bike sharing service. the idea is urban mobility and really leveraging the promise of that. how do you go about doing that when so much of the population is unbent and do not have smartphones they can use to tap into urban mobility? hans: two ways regarding l of. g yellow. we think ridesharing is not limited to cars, but also bikes and other forms of transportation. investing since 2015. yellow was a in continuation of believing in ability, scooter sharing, bike sharing is a global phenomenon, especially in huge markets. the second thing is we think we want to be in markets where it is underbanked. consumers will be able to top off. money into the wall it in order to build the business. we ar

the numbers are better than all the other unicorns but that is not saying much. this is not like microsoft office they can charge subscription fees because there is no competition forever. this is generic concept. they done it very well, very good execution. not a lot of people out there charging but some day this could be free service backed by advertising. i don't see how long term it will maybe a lot of money. this might be good time to exit plan even though yeah the financials look better on paper than other money-losers. it is high marketing to drive the top-line sales and questionable long term sustainability of the monthly subscription fee. kristina: we'll leave it there. two sides of the coin. ash. ashley: they are profitable. let's get back to the politics we'll have more on the release of the mueller report. latest reaction from lawmakers on both sides of the aisle. kristina: hidden problems for samsung, new pricey phones costing $2,000, breaking days after given to reviewers. how will the company handle this mess? ashley: that's not good. talking about

another hot t tech stockk offeringng is bringing unicorn burgers. animals werere harmed in their making. proteinfornia plant-based start up is putting its ipo up on the nasdaq wherere it hopes o raise just under $184 million. the share price would valalue te firmrm arounund $1.2 bilillion. beyond meat is not yet profitable, posting a $30 million loss for 2018, but the market is growing. 40% of americans are moving terrien --lexor flexitarian diet. vegan.ing towards a big >> they've got the impossible whopper in america. king.ade it into burger >> i want to taste it and see how good it is. thanks for that. i'll be back after a short break. stay with us. macdonald: so, the argument goes that young aussies are spending way too much money on expensive avocado on toast and that's why we can't afford to buy a house. but in truth, we all know it is much more complicated than that. whether you're young or old, retired or working, borrowing for the first time or already up to your ears in debt, that old australian dream of owning your own home now seems hard

this last round of ipos and these unicorns they don't have the cult of the founder.yft guys were understated and ben silverman at pinterest was understated. >> the rock star ceo there was an evan spiegel premium in snap, you don't have that in these names right now. >> coming up, the deliveries and orders of its 737 jets plummet in the first quarter one of the traders said this is just the tip of the iceberg and a big week from the banks and the ceos and they get grilled on the hill and the group is up for earnings and karen says there is meing out ossothabthe stocks that wall street is getting all wrong. she will explain when "fast money" returns >>> breaking news out of washington treasury secretary steven mnuchin just left the hearing on the hill in the international financial policy elan moi is there tracking the treasury secretary >> melissa, he has been on the hill all day long. he ended that marathon day of testimony with a heated exchange with house financial services committee chairwoman maxine waters this exchange was not about trump's tax cuts or trump's t

emily: many people have talked is a rare unicorn and that your profitable.xpect you to grow profit this year or focus on investing to improve topline growth? oni think we should focus both. we want to grow for sure. that is the top of our priority, but at the same time, we also want to have a much more disciplined approach, right? we want to have the right balance, and i think we should focus on growth and also at the same time focus on cash flow positive. emily: you were last on our show to talk about immigration struggles. the u.s. government has denied your visa eight times before they finally approved it. now you are taking a company public on a major u.s. exchange. what does that mean to you? first of all, i officiated visa office finally giving the approval to come here. the moral is never give up, keep trying, keep working hard and never give up and someday your dream will come true. today is our dream coming true, to be a public company. worknk many years of hard has paid off. emily: cisco has begun to offer some of the features you offer. cisco bein

we're going to stick with pinterest and the rush of tech unicorns coming to market.the ceo of a unicorn company himself, early pinterest investor as well, paypal co-founder max levchin joins us in another cnbc exclusive. max, great to have you back. >> thank you for having me. >> so let's talk about pinterest. they are up against giants like yelp was you were an investor there and you were the chairman as well. pinterest is looking to come to market at more than three times yelp's current market cap. boil down the challenge for ben silverman and team to thrive in this environment with all these big competitors for ad dollars >> i think competitively they've proven themselves to be relatively successful at this point you can't price in the $10 billion almost range and not have real revenue. the revenue reported was almost $800 million it's a real growing concern. i think to the point of ipo pricing back in my day when paypal was going public if you didn't pop 100% on a day off you weren't a good company 60% day was a bad idea seems like things are a little more ration

unicorn. ♪ want more from your entertainment experience?say teach me more. into your xfinity voice remote to discover all sorts of tips and tricks in x1. can i find my wifi password? just ask. [ ding ] show me my wifi password. hey now! [ ding ] you can even troubleshoot, learn new voice commands and much more. clean my daughter's room. [ ding ] oh, it won't do that. welp, someone should. just say "teach me more" into your voice remote and see how you can have an even better x1 experience. simple. easy. awesome. emily: this is "bloomberg technology." i am emily chang in boston. streamsanies manage the of data they collect from their -- giving it a $1.5 billion valuation. here to discuss the company's rapid growth, we are joined by the ceo, as well as bloomberg's tech editor. you have clients ranging from ibm using the process, how does it work? >> segment helps the brands that really deliver a great customer experience. the way we do that is we help companies unify all of the data that exists in there for walls into a single contract so the

lyft leads the unicorns and going public. what money the impact of all the other big ipos on the market? hear from joe reece, president and founder of helena capital. this is bloomberg. ♪ this is bloomberg. ♪ vonnie: this is "bloomberg markets." i'm vonnie quinn. stocks are extending gains, on strong manufacturing data out of china among other things. let's get into the health of the equity markets, capital markets. jason kelly is with us with a special guest. me, a joe reece is with bit of a legend, a character of sorts. you have a new firm, helena fortal, after working decades for big banks. starting your own shop, why? >> three years ago, you told me i should have, and i didn't. instead i went over to ubs. i should have taken your advice. a merchant bank, as you pointed out to me, before we came on air, this is something that goes back quite a bit, but it is not a term that we hear a lot in the modern iteration of wall street. joe: i thought we would try to do something new, something that in done 300 years prior to now. w

olivia: it is a stampede right now of unicorns crossing over to the public market.o, p about to see zoom soon --, postdates postmates soon. francine: i want your opinion on international growth. did any of the numbers surprise you? i was surprised with how big latin america is. eric: i think one amusing thing is the contrast uber has between market share and category. its market share is very small because it sees a huge amount of growth opportunity for ridesharing. , so relativetion to competitors, it says they have over 65%. whether that is united states and canada, europe. we have aying dominant position all over the world in the regions we operate. yet we represent a small share of what is possible. that is the messaging coming out of uber. they either have a strong position in the countries that they operate in, or they own a stake in major players in those regions. it is a compelling international position. francine: briefly on international growth. mitchell: i think international is very strong. he is a master chess player. and haveted expedia done some inter

right now in latin america, less you have less than 10 unicorns. india, less than 30. china, 113. u.s., 150. so, there is a reason for southeast asia, india and long latin america, you can't see more coming up with the next decade. we are bullish on what internet and tech will do. emily: bloomberg's scarlet fu and caroline hyde with hans. coming up, china's war on the crypto industry. what beijing plans to ban next. this is bloomberg. ♪ ♪ emily: another blow to the cryptocurrency industry in china. beijing signaled it plans to ban crypto mining and wants to abolish the whole sector. max chafkin has followed the story in joins us now. interesting, but what is it? 70% of bitcoin mining used to be based in china, so what happens if they ban it altogether? max: this is something the chinese government has been signaling for some time. on exchangesg down and ico's in 2017. last year, signaling it might try to crack down on this. a lot of these big mining companies have already started with opening facilities in other countries, often places that are close to hydropower , wh

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how much is the investor base where even these new unicorns?livia: well, it seems they are not worried at first. i mean, lyft came at this price and then saw a drop several days later. it went down 1% today when the filing out. caroline: let's get mitchell's take here, because i am fascinated by the fact that these companies can grow so big on such vast quantities of private capital and be able to come to the public market. was there anything in the filing that give you pause for thought? mitchell: first, we are investors in the company. i want to make sure we disclose that. i have not got through it in detail. obviously, we are existent investors. we know it well. they did break out uber eats, which is growing crazy fast. the core business is growing 40% plus every year. it is the reality. public market investors, and we do public market investing, is crazed for growth. they are trying to have companies that are growing really fast and that they can invest into. look at the software company pager duty that just went public. it grows revenue at

it is a stampede of unicorns. the appetite is insatiable.oom, as you mentioned, is going to go, pinterest, postmates going soon if they don't sell, and it just seems they cannot get enough. caroline: i want to get your view on international growth. did any numbers surprise you? i was surprised by how big latin america is. eric: one amusing thing with this contrast they draw between the market share and category position. the market share is very small and it sees a huge amount of growth opportunity for ridesharing. but category position, relative to competitors, it says that in a lot of regions there is over 65%. whether that is canada, latin america, or europe. uber is saying we have a dominant position all over the world in these regions. and yet, we think we represent a small share of what is possible. that is certainly the messaging coming out of uber. being able to confidently say that they have a strong position in the countries they operate in or they own a stake in major players in those regions is a compelling international position

two tech unicorns racing to the public markets this morning.ine image board pinterest ready to begin trading here in a moment $2 above the high end of the range at $19 latest indication $22, $23 zoom communications, priced at $36, values the company at more than $10 billion full team coverage bob pisani looking at pinterest early indications here at the exchange jon fortt at the nasdaq covering zoom we begin with bob and pinterest at post 8. where are you? >> post 8 covering this number, only cnbc inside the booth here is where the action happens. remember how this process works. this is called building the book you have goldman sachs represented this is shawn here, he's communicating with goldman sachs, they're the lead book runner here, there are several book runners that are providing shares to the public but also the key is gts, who is the marketmaker here, and they're right there as gl gleglen cor glen coral, the two of them together with goldman and the other book runners are building that particular book getting orders to buy and sell at

coming up, ipo's are back in fashion with interest the latest unicorn.check of the initial initial public offering. this is bloomberg. ♪ matt: let's get your top headlines for you. gucci loses its luster, kering slots the most in months -- slumps the most in months. nestle reports a strong quarter and utilizer -- unilever beat estimates, both stocks trading higher. a shakeup at jpmorgan, a shuffle at the top of america's biggest bank starts a fresh discussion about succession plans. good morning, and welcome. i'm matt miller in berlin. we are getting more pmi figures out, this time from germany. french pmi out earlier, missing the mark. german pmi now coming up lower than expected, 44.5. we were looking for 40 five third -- 45. on the services, better than the survey, and expansion. the entire composite expanded and 52.1, we were looking for 51.7. but see how things are shaping up in terms of individual movers. take a look and you can see that 358ave 192 stocks winning today -- 358 losing today. is still the biggest winner, schneider electric up 2.5. you

your portfolio between the growth stories, job unicorns and the more i think -- unicorns are i great target. >> all right, sir. we're going to leave it there. thank you very much for taking the time to chat to us that was martin steinbach, the lead from ernst and young. it would need extra assurances that that is i headline that's coming out, and it looks as though -- chancellor angela merkel is indeed willing to put a five-year time limit on the northern irish backstop here is. that would be a significant step the key in the past was that there was no time stamp at all whatsoever to the backstop, but there has been according to reuters some movement from chancellor merkel that she would be willing to put a time stamp on it. >> thanks very much. give us the latest >> good morning, guys. it seems as if prime minister benjamin netanyahu is in the fight of his political life. the polls in the last few days have had him neck and neck with his direct opponent for the blue and white party, and the real question, of course, going on today with the minds of these voters is whether or not sec

what does it mean for this year's batch of upcoming unicorn ipo. says it's likely to be more of a slow burn than a hot market back over to you >> thank you very much let's bring back our guests. he says his research says a highly touted ipo with negative returns in the first six months is not a negative investment in the long run jay, welcome to the show we appreciate having you there's a difference between a company losing money and whether or not the stock will actually make a accident retudecent retu. what can you tell us in terms of the profitability of a company when they go public years own and whether or not their stock performs. >> the profitability does have prediction for the long-run returns. but only for smaller companies for companies with less than $100 million in sales, the companies with negative profits have historically underperformed by quite a bit relative to those with positive profits at the time of the ipo. but for the companies with more than 100 million in sales and lyft is certainly in that category, profitability doesn't

amazon's cloud division aws raking in the money as tech unicorns continue to go public.h lipton is in san francisco with more. >> it's a go-to platform for tech companies taking the public market plunge. pinterest for example, is going to purchase at least $750 million of cloud services from aws through july 2023 which it uses to store and process all those images, lyft says it's going to spend at least 300 million between this year and 2021. uber is also an aws customer. so when that ride hailing giant files that s 1 today investors will be very interested to see how big a check it's writing to jeff bezos. i did catch up with byron dee r deeter. he lifts aws strengths. first mover advantage, aws pioneered infrastructure as a service he says capturing many early tech innovators as customers, including the unicorns we see today, a strong platform meaning aws started with the basics, storage and compute and launched many services on top of that such as analytics and finally, competitive pricing. don't sleep on other cloud giants either. deeter says microsoft is making big

because it is the rare unicorn that is profitable whereas all the other ones are losing massive amounts of money zoom is going public and it's already profitable and i tell you something else about the technology i just partner with a guy named steve wright meister at stock news in these a fin tech specialists and he has a zoom every day and we have like five different people on the meetings in all different offices and whoever speaking it switches to technology is so cool and when you think about all the we works and this day and age of remote offices it's the perfect technology right now so not only is the usability growing but again it's a profitable company going public and we haven't seen that in a while absolutely not so right now it seems like the only true comms are legacy web based meeting providers like cisco systems google hangouts and skype and i think this one is being compared towards more like wild software companies such as like sales for centrally oh what are some a concert you're looking after them. i think like you said sales force because it is so much connected to t

s as unicorns are finally going public here to help us break it down is adam mesh fee of the ad a mesh trading group welcome. thanks for having me so adam we're looking as him a video conferencing software that announced on tuesday that they have increased its price range from twenty to thirty dollars per share to thirty three to thirty five dollars per share this must mean that the books are multiple times oversubscribed thought the top of the range it would get. xoom a nine billion dollar market cap and is a nine times increase in the last round of funding so why are investors so excited . because it is the rare unicorn that is profitable whereas all the other ones are losing massive amounts of money zoom is going public and it's already profitable and i'll tell you something else about the technology i just partner with a guy named steve wright meister at stock news in these a fin tech specialists and he has a zoom every day and we have like five different people on the meetings in all different offices and whoever speaking it switches to technology is so cool and when you think abo

he is for free unicorns? melissa: i love unicorns. but i love rainbows better.: we can get them both. facebook disrupting advertising scene big time, we know. the social media giant is literally stealing revenue from cable tv and newspapers. we'll have that for you next. >>> north korea's kim jong-un meeting with russia's vladmir putin. what they discussed and how it could impact the united states. that's coming up. ♪ but allstate actually helps you drive safely... with drivewise. it lets you know when you go too fast... ...and brake too hard. with feedback to help you drive safer. giving you the power to actually lower your cost. unfortunately, it can't do anything about that. now that you know the truth... are you in good hands? when it comes to type 2 diabetes, are you thinking about your heart? well, i'm managing my a1c, so i should be all set. actually, you're still at risk for a fatal heart attack or stroke. that's where jardiance comes in. it reduces the risk of dying from a cardiovascular event for adults who have type 2 diabetes and known heart diseas.

in the world that's the thing cryptocurrency pain that sounds like a unicorn waiting to happen. we like to think that as an investor well how long before the unicorn thing hits because i want to be able to buy stacey another cup of coffee. and i you think about that i would guess i could buy but anyway thanks for being on the kaiser report thank you well that's going to do it for this edition of the kaiser apart with me nice guys are in states like to thank our guests are gay kotler he's the c.e.o. and founder a bit re felt a bit re felt. yeah we look up and if you want to catch us on twitter it's guys are part of. facebook and google started with a great idea and great ideals unfortunately it was also a very dark so. they are constructing a profile of you and that profile is real it's detailed and it never goes away turns out that google is manipulating your opinions from the very first character that you type into the search bar it will always favor one dog food over another one comparative shopping service over another and one candidate over another they can suppress certain

hi everybody here's what's ahead, heavy lifting is lyft's continued selloff a bad omen for other unicorns going public or just a company specific problem we'll go inside this floundering ipo. >>> and president trump's big threat to close the u.s./mexico border could be a big drag on the economy. how likely is it to happen we'll take a look. >>> and walgreens gets whacked the battle over plastic, and which company is outperforming big time this year that's all ahead in rapid fire first, the numbers. >> the numbers are walgreens, one of the main reasons why the dow is underperforming so much versus the other indices out there. the dow off 108 points, the s&p relatively flat, down 1/10 of 1%, and nasdaq hovering just a little bit to the upside as we talk about this side of the atlantic, let's go to the other side where the euro stock 600 index closed up just about a third of a percent the reason why it's a big deal is right now we are hovering near the best levels we have in around six months so those european stocks, by the way, up around 17% since the lows that we saw over the past few mon

unicorn day, back in a minute.o, jardiance asks... when it comes to type 2 diabetes, are you thinking about your heart? well, i'm managing my a1c, so i should be all set. right. actually, you're still at risk for a fatal heart attack or stroke. even if i'm taking heart medicine, like statins or blood thinners? yep! that's why i asked my doctor what else i could do... she told me about jardiance. that's right. jardiance significantly reduces the risk of dying from a cardiovascular event for adults who have type 2 diabetes and known heart disease. that's why the american diabetes association recommends the active ingredient in jardiance. and it lowers a1c? yeah- with diet and exercise. jardiance can cause serious side effects including dehydration, genital yeast or urinary tract infections, and sudden kidney problems. ketoacidosis is a serious side effect that may be fatal. a rare, but life-threatening, bacterial infection in the skin of the perineum could occur. stop taking jardiance and call your doctor right away

in the world that's the thing cryptocurrency pain that sounds like a unicorn waiting to happen. we like to think that as an investor well how long before the unicorn thing hits because i want to be able to buy stacey another cup of coffee. and i think about that i would guess i could buy but anyway circuit thanks for being on the kaiser report thank you well that's going to do it for this edition of the kaiser part was me my guys are in states like to thank our guests surrogate cutler he's the c.e.o. and founder a bit re felt a bit re felt. yeah we own shares of the company if you want to catch us on twitter it's kaiser report and i stand by off. because i live the good feel confident. leader. we have many things in this world and this is you know for everyone and why some people's minds so take our things all the power just for themselves. is this a realistic prospect in ten years and you understand why it kind of creeps people out. there is there is what i call the creepy and the policy about a lot of these things is to get right up to the creepy line but not cross it i would