Good thursday morning. Welcome to squawk alley. Joining us this morning from one market in San Francisco is the former ceo of twitter. Currently the siceo of fitness startup core startup chorus. Good morning. Well talk markets. Im a one word person this morning. Yeah. This is going to be a very long interview, i can tell. Lets begin with the markets dow is down 22 despite the early trade. Tech remains on a terror the nasdaq aiming for ten Straight Days of gains, touching another all time high today. S p 500 index broke the nearly two decade old record closing above the dotcom bubble you have to go back to march 27th of 20000, dick. I know you had attention on valuations within specific sectors of tech. What is your take on these levels are they important i think the interesting things that happening in tech right now is in Public Sector is that youve got this real separation that the hyper Scale Companies, facebook, amazon, apple, google, are getting from everybody else if you juxtapos
Moments. Not even my birthday. Felt it was a birthday present for me. Stuart you dont look 39. Neil im a long way from that. Many years about i get to 39. Happy birthday, ashley. Stuart, thank you very, very much. Were on top of same things that stuart and ashley and lizzie were on again. All eyes what well get going on tax reform here or tax cuts. As stuart indicated one of the things happen, phenomenon building, sense of diminished expectations. That might not be justified. Whatever is going on is taking a lot of momentum for big tax cuts away. Gets further pushed back, offer something on corporate front as Charlie Gasparino reported would be welcome news on corner of wall and broad. Well ski. House ways and Means Committee member, crucial voice in this battle, republican congressman mike kelly. Always good to have you you. Am i right to interpret things that way . Diminished expectations maybe big tax cuts, sweeping reform is pushed back, if at all maybe Corporate Tax cuts in the of
The state senate nor did i anticipate i would be serving in congress. I ran a business for 25 years. We grew a company into several hundred employees and saw over that time what i saw as the overreach of government, the encoachment of government in the decisions we were making and Additional Resources we had to commit to comply with regulations. And so i really believe that government, that overreach of government is Holding Business back. I think it still continues to hold our economy back and holds people back. I decided to run to ensure my kids and grandkids could have the opportunity to live the American Dream and have the opportunity to do it. What was your business . Construction company. A little background on that. Ill go back to i think im the only member of congress ever to be born into an amish family. My participants were oldorder amish, driving the buggies. Im number 10 of 12 kids. And so i was the first in my family to graduate from high school. The amish tradition is a f
President ial campaign. Weve got the numbers. Two Boston Police officers in Critical Condition this morning following a shooting in boston with the suspect wearing armor. We are following their condition. We will bring it to you. In business this morning wells fargo ceo is out and details on the exit and phoney account scandal coming up. Markets this morning looking low e. Lower. Thats due out later this morning. In europe stocks were lower across the board. That set the tone. The cac quarante down a quarter percent. Weakness also in london twothirds of one percent. In asia overnight, hang seng top loser. Other majors mostly lower with the exception of china. The 8carat blue diamond that could be yours. We will bring it to you and tell you about the gem. Those stories this morning. Joining me to break it down Dagen Mcdowell, steve hilton is with us and pollster lee carter. Big stories today, dagen. Dagen big stories. I was going through a lot of the headlines its like anticatholic, gro
And the cautiousness is on the investor side. Even numbers you put up beat down bottom line and topline. Join us live. You have heard by now what is twitter shares sinking after the Financial Times reported sales kbw says the biggest take away force is not interested in was that management doesnt know buying that company. We have confirmed that report what the Consumer Bank will look like in the future. Now and jim cramer spoke with sounds like a serviceoriented sales force ceo last week. Culture. That may be more wakovia import. You probably saw that here. Jim will join us with his take can you confirm that that kind on this latest news. A new study shows of transition is underway . Traditional sports are losing i can. In fact, we have announced that ground against e sports. We have the Boston Celtics in our retail bank we are moving player looking to diversify and much more to Service Orientation have become an esports team and going to be incentivising owner. That is diversification