Thats our show tonight. And now jon stossel. John im a big failure. I started facebook and it failed really . Well sorted. When i was in college i published a guidebook for guys that included a fresh picture girls from neighboring allgirls schools. Clearly this was the first facebook. Unfortunately al gore has suspended the internet so my facebook was an interactive and useful and also to the girls i was about to get publicity. 60s protests erupted stealing all the attention. My facebook had no publicity. Years later Mark Zuckerberg tried again improving on my idea and now he has 40 billion i dont. But i tried again. I became a tv reporter and that worked out. Turns out lots of successful people fail at first. Oprah winfrey, steve jobs come the author of dr. Seuss. Some argue that they were fueled by failure. Thats the title of a new book by jeremy bloom. Bloom has been a success. You were once an olympic level skier andy played profoot all for two nfl teams and yet you say you were fu
Good tuesday morning. Welcome to squawk alley. Jon fortt has the morning off. Dow is down almost a hundred. Almost all of that is gold aman and j j. The president expected to sign an order today. Hell tour the factory in wisconsin. The order targets loopholes in rules requiring Government Agencies to buy american. The Administration Says there are too many waivers in those rules tucked inside the free trade. The move is praised as a smart step. Second part of the order deals with immigration directing Government Agencies to root out immigration fraud and the white house also wants to move away from using a lottery to help decide who gets an h1b visa. Tech ceos have pushed back on this issue. Bill gates, elon musk have been discussing this with Jared Kushner and the message to the president on h1b, mend it, dont end it. Back to you, carl. Well come back to you for more. Todays order will have ripple effects across the economy including some of the biggest tech firms in Silicon Valley. P
Salesforce rules out a bid. Google, disney, salesforce, all exiting the room. Is twitter dead in the water . Dan. The stock is obviously dead in the water right now, especially if somebody doesnt pick themselves up and buy these guys. The stock was trading for months, most of the year in the teens here. And obviously, a lot of that reporting was all over the place on who was going to buy them. So to me, i dont think there is any huge rush right here. I think theres probably a floor in the mid teens and apprised value for this property. It is a very unique property and someone is going to get it right. I think at the end of the day, people are really discounting the ability of this current management who is, you know, for all intents and purposes, they do know what theyre doing. Its going to take some time and initiatives in place. I like what they are doing with live and ultimately, someone will figure it out. Management may get it right. And i think its a case where if you think about
In the u. S. They were expecting 300,000. So 370 was 20 more. But last year in the same quarter they added 900,000 or 800,000. So wall street journal is making certain points. And then to almost double the bottom line when youre at hundred times earnings thats good but is it still pennies. What was the actual number . Pennies per share. Still pennies per share. Im sort of surprised the international, do they have the content around the world that people will pay for. They havent spent a huge amount of money yet on True International programming in the new languages and what it means is actually that american programming or u. S. Programming with ghienglish is working. They have a benny hill type show ready to go or monti python. Do they know the cultural . What youre finding is narco is working in a lot of places. Its working here and in south america and parts of europe. Its working. What does a billion dollars more spent on content mean in the number of shows and how many, how much n
Uk cpi hits 1 , the highest in almost two years. As for our own core cpi, 2. 2 is just a shade light. Netflix shares soaring. Reid hastings said it will double down on original content next year. Goldman sachs beats both the top and bottom line. The shares, get this, theyre up in the premarket. Visa ceo Charlie Sharf resigning, saying he can no longer spend enough time in San Francisco to do that job effectively. Netflix surging after blowing past expectations. Quarterly subgrowth of 3. 6 million. The company also out with betterthanexpected earnings. Reid hastings last night on the earnings call. Its time for me to apologize for the volatility again. You know, this time its good a good direction. But i think more and more investors are able to look at the multiyear picture and they see the patterns emerging. And so then it would be less and less about our guidance. Stocks on pace for the fifth biggest gap on earnings. I wonder if hes going to apologize for the volatility this time . T