We talk with the guy who is still the publisher of slam, the inyourface basketball magazine. All that and more, but first, the headlines. Thank you so much. Busy in the afterhours today. Tesla out with its Earnings Report. The automaker earned . 11 a share, beating analyst estimates. Tesla also reported secondquarter sales that matched estimates and beat its own forecast. Meantime, linkedin giving a revenue forecast that topped estimates. Revenue projected to be between 543 million and 547 million. Shares rising after the trade. And go pro reported a wider quarterly loss than analysts expected. Those are some of the top headlines at this hour. Back to you. Thank you. Thanks a lot. Here to talk about todays selloff, equity strategist tony dwyer. What happened . I dont know if i know anything. Basically, theres a lot of excuses for the selloff. It has been a very tired market to begin with. A very frustrating few months because the internals of the market have been correcting. Portfolio
European trading resumes on monday. Our road map begins with the market. Stocks looking for new highs a day after the dow closed above that 18,000 mark. Plus, on second thought, never mind. Sony changing course and letting select theaters show the interview after all. Now were waiting for the next big news, where you can watch it online. And uber overseas expansion taking another hit this morning. Why the ceo may not want to head to south korea any time soon. But first up, you saw it here yesterday on squawk on the street. The dow hitting 18,000 for the first time ever. Blue chips and the s p each going on to post alltime closing highs. One full quarter of the s p hit new 52week highs yesterday. 125 names, jim, although people still talking about the russells nonconfirmation, the nasdaq, which for the first time in several years is in danger of underperforming the s p. Well, you know what, it should. The run in the nasdaq is something that distinguishing this market from are the 1999 f
One company said its estimates missed and profits have been sluggish. This is the most its fallen in five years, 28 . After doubling over the last year. Other companies fell 12 . X 113 . So how big a warning sign is this for the 3d Printing Industry . What is happening here . 3d systems came out. Much excitement because they were talking about Consumer Usage of 3d printing. They said were going into the consumer space. Were shipping a lot of printers to staples. They said its because were spending so much in marketing and this consumer marketing is costing us a lot. They recognized a lot of revenues for sending these printers to staples and they said actually we have a consumer slowdown in a business that is brand new. What are they hoping consumers will print. What could i use it for . If you needed a coffee cup and you had about three or four hours. I could print my own. You have to design it, the coffee cup or gun or airplane part in case you need one of those. No, thank you. This i
4 billion. We will be joined by disney ceo bob iger. First, we are talking about twitter, the first Earnings Call as a public company, the news not so great. Net loss of 511 million, their net revenue more than doubling. User growth is slowing down. Million active users in the Fourth Quarter, up 30 , but slower than the 39 growth in the prior quarter. Us twitter usage also declined. What does this say about twitters business . Roundtable,ecial contributing editor David Kirkpatrick in new york, that as well isac coleus, editor at large cory johnson. How does this add up, timeline usage dropping, but growth is slowing down . User are seeing slower growth, and uptake and how much revenue they are getting from users, not dramatically, slowing growth. I think what we saw, if you want to sum that up is user engagement. How much are people using the medium . Solid. Bers dont look they dont look like the explosive growth of the stock valuation, and that is worth talking about. You and i use tw
I have been there for about 23 years, and in the last five years i have been responsible for international business, and in february i assumed responsibly as ceo. Maurice . My name is maurice levy. I have worked at publicis, and i am about to change companies because i thought it was the right time at this point in my career to move to another job. I will step down from my position as ceo to be a coceo of a Company Called publicis omnicom, which is about to be born in the next few weeks months. Paul . Paul jacobs. I am the chairman and ceo of qualcomm, and i have been at the company basically since the beginning. We started in 1985, and i have been ceo since 2005. I am just about to step down as ceo and remain executive chairman so i can spend more time focusing on technology and innovation and less on some of the other parts of the ceo job i did not like as much. [laughter] peer . I am peer schatz, ceo of a Company Called qiagen. We are in the area of life sciences, and we work with G