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Transcripts For CNBC Squawk Alley 20170815

Good Tuesday Morning welcome to squawk alley. Joining me at post flnine this morning, sarah eyeseyer eisen. Also joining us is roger mack in a my good morning to you. A lot to get to to dafrment first up, faang stocks several hedge funneled managers bearish on the stocks in the Second Quarter third point, aprpaloosa and soro are liquidating 18 stakes in those areas. They speak out on the companys streaming strategy versus fellow faang stock amazon you wrote an oped in investing in the stocks two days ago do you seenlt. Turning as were getting the filings to day i dont yet and, in fact, what i am really curious to know is where the money went that was taken out of the stocks if you look at by funneled, the sales werent in general huge. Most of them look more like trims than, you know, lots of dumping. And, in fact, the thing that i think everyone looks closely at tech recognizes is that the faang stocks are leadership stocks for a really good reason. Their market power has given them hu

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