those losses right after the numbers came out. and one of the reasons facebook shares may have traded lower is because the stock had run up so much in anticipation of strong earnings in a quarter where the company beat pretty much across the board. revenue, earnings and user numbers all better than expected. cfo david wayner who we spoke to right after those numbers were out telling us that video as well as growing engagement particularly on mobile devices are factors driving results. >> we have nearly 1.5 billion users on facebook. that's nearly half the world's online population. and that's growing very nicely. we added 173 million people to facebook year over year. that's our strongest growth in nearly two years. and those people are coming back. we've got 65% of our monthly users coming back every day. >> on the earnings call we're going to be looking for more insight into the success of those video ads as well as the role of instagram ads. and we're going to be looking also for some details on the r&d spending which more than dufld from the year ago quarter. and then of course any insight into forecasts for the rest of the year. melissa, back over to you. >> thank you so much, julia boorstin. let's talk a little about facebook. we make the point that facebook has had a nice run since google's earnings. without a change in the story whatsoever. in fact, the stock had been up 7% going into this report. >> is that a reason to sell the stock, though? i'm not so sure. these numbers were fantastic. and remember, as we've said, instagram's not even a part of this number. if you look at -- everybody's talking about video. if you look at the video share of total ad spend it's still only about 15%. it's growing. and this is for the entire industry. these guys are the dominant player in this. so to me this is a company that sure, in fact i think a lot of people would love to see this pull back to 95 on the chart which is where you kind of have taken out this blowoff top. people would be piling into the stock at that level. >> guy. >> i like if here. i think the quarter's fine. the two numbers that stuck out to me, operating margins. 55%. that smoked what expectations were. and capex came in below $600 million. the street was looking north of $700 million. that's a good thing. tim made the point this had a huge run-up since google in the beginning of july, traded down 91 1/2 when i did the 4:00 show. i still think the stock goes north of 100. people say at 35 times forward earnings. it's expensive. i don't think it is. >> you mentioned the bob peck. let's bring him in. suntrust's bob peck has a buy rating on the stock, $125 price target. bob, what did you make of the quarter? >> great numbers across the board. on the user side mobile grew 23%. importantly u.s. also grew. the daily users maintained that 65% penetration rate, u.s. and mobile grew 29%. ad revenues up 55%, though. for a size base that's absolutely tremendous rp rpus increased. as guy said the margins expanded 200 bips. looking for 53 or so. incremental margins on the ebidta side were 62%. they're growing top line extremely fast. and doing it more profitably. i think the only reason the stock's down is the stock's up 25% over the last three months or so. a lot of expectations were baked in. >> what's your top question going into this call? >> i want to get the op ex. i also want to get some information around instagram and we'll start to see that monetization hit. also when we start to see information about what's app and messenger. when all those revenue streams which we don't have yet will starred to be accretive to the numbers. >> we'll lit jump back on the call. bob peck of suntrust. dan nathan. >> i just think it's important to remember. this is a $270 billion market cap company. greater than that of general electric. it's the 13 largest, you know, stock in the s&p 500. and it's going to have $17 billion in sales this year. so to me this is something that is out of this world. they are having eye-popping growth and they're taking over the social web. but it's a very much loved story. when you look at a wall street analyst who has 46 buys, six holds and one sell. you have a universally loved stock. it's going to go to guy's $100 level. he's beening a is that for months now. i think it's also important to remember that this stock was rangebound, 75 to 85 for most of this year. it broke out now. there's a lot of positive sentiment. >> it actually went practically up to 100. have we seen that move? is that over? >> i think there actually -- there's probably more in here because these numbers were so good. when you have a company as big as dan was mentioning that grows revenues at 39%, 40%, that's really hard to do. but more importantly going forward, what i think investors are going to look for, i think you're going to be looking for what they're going to have to spend to continue this growth. they mentioned half the world's population, or half the world's internet population is on facebook. that's not necessarily a good thing because you get saturated. so now they have to buy somebody else or do what they're doing with instagram. and mark zuckerberg has already said they're going to have to spend money to make those revenues grow. so then do you end up in a google situation where they're spending a lot of money and not monetizing it? that's the risk with the stock. for now, though, i think it does blast through 100. >> and bob makes the point he's going to be listening for op ex. in the april quarter -- when they reported in april i should say they said op ex would be up as much as 65% and that's sort of what derailed the story a little bit. >> these margins are fantastic but i would get back to the place, i think they can grow on the advertising side again because this part of the ad spend is such a -- it's in its infancy and if you look at the number of advertisers as a base is growing dramatically. the way they're now pricing and targeting the cpc clicks means they can really show just how targeted and beneficial the way the advertisers can get the benefit they are paying more for this. their margins i think will stay high on the top line. >> does this make twitter look even worse? >> yes. >> even worse. >> yes. but, i mean, twitter seems like they shot themselves in the foot. we were talking about this before. almost you have to think did they do it on purpose because the quarter i didn't think was all that bad. you saw the initial reaction. that stock had a 39 handle. >> was the guidance. >> was the guidance. >> twitter has horrible management. these are two social networks. i know they're different platforms, right? they're still the social network. all they do is connect people and you communicate on it. and zuckerberg has proved to be a far better ceo than anybody in the space and i think twitter's management is just awful and this highlights it. >> what i think was also highlighted is that each one of these platforms is very unique and very different. and i think twitter is not figuring out a way to monetize it there in the infancy but it's a long road ahead. whether this is what the kitchen sink was, i thought last quarter was itch kitchen sink. the bar is incredibly low. if you look at where these guys can go, the fact they haven't rushed into a new ceo, the fact they are starting to monetize. their monetization rate is still better than facebook's and if you look at just where it is, scale matters but for what these guys do, no one does what they do and that to me is very valuable and if nothing else someone now is a lot closer to buying them. >> i think quickly, we talked about this, are they inept or were they calculating in terms of what they said on their conference call? >> anthony noto's not a dumb guy. zbleez not a dumb guy. and if they announce a ceo in the next couple of weeks one has to think did that conversation post earnings play into the negotiations for this new ceo? >> i completely agree. >> just throwing it out there. >> we love conspiracy theories. as we head to break let's take a look at the other movers, the big movers in the after-hours session. take a look at wynn reversing losses. the call's under way. we'll hear from ceo steve wynn after the break. plus whole foods getting whacked. big miss there. the latest headlines from that call as well. one stock is up 130% this year and it's soaring in the after-hours session. we'll tell what you it is when "fast money" comes right back. stay tuned. over 20 million kids everyday in our country lack access to healthy food. for the first time american kids are slated to live a shorter life span than their parents. it's a problem that we can turn around and change. revolution foods is a company we started to provide access to healthy, affordable, kid-inspired, chef-crafted food. we looked at what are the aspects of food that will help set up kids for success? making sure foods are made with high quality ingredients and prepared fresh everyday. our collaboration with citi has helped us really accelerate the expansion of our business in terms of how many communities we can serve. working with citi has also helped to fuel our innovation process and the speed at which we can bring new products into the grocery stores. we are employing 1,000 people across 27 urban areas and today, serve over 1 million meals a week. until every kid has built those life-long eating habits, we'll keep working. welcome back to "fast money." i'm kate wrornlgz an ugly report for hotel and casino giant wynn resorts in the second quarter. missing the street's projections on both the top and bottom lines. revenues from macau took a big hit in the second quarter, falling 36% to $617 million. table games turnover in the vip segment also fell 41% in the quarter in macau to $15.5 billion from 26.4 billion. revenues in las vegas were down 6% from last year to $424 million for the quarter. on the conference call ceo steve wynn said their slot machine and table games are growing with one exception. take a listen. >> this should come as no surprise to professionals on this call, and that is that since we were the operator of choice for the international baccarat business, namely, from china that if anything interfered with that business we would of course experience more of it, of a penalty in that regard than our competitors. >> this stock had initially fallen after the report by 2%. but now the stock is up near 1%, melissa. back over to you. >> thank you, kate rogers. blame it on baccarat. dan, what's your trade? >> listen, the stock has been banging around just below 100. we had las vegas sands last week. the stock rallied after its results. we had the june numbers from las vegas, which were down 16% year over year. that was a bit surprise og to people. i know tim's been all over this. a lot of bad news is probably really in the stock at these levels and you're going to have to see some sort of major shift. something in the macro environment in china for this thing to really break down, but that being said it's got really high short interest and if there's ever a turn the opposite way the thing's going to be up above 110 very quickly. >> jpmorgan had a very positive note. they said you were at a risk reward place where you wanted to own the stock. they put a $120 target on it. it's all about macau. macau is stabilizing. it's not time for a major turn. not a major inflection point. crash flow strength and predictability of cash flow another big thing for these guys. macau isn't going to turn around overnight. these are things people want to see. i think the price action very good after hours. i think 95's your bottom. >> would you want to be in a stock, if you had to choose one that's leveraged to the macau story -- i guess it is. or a las vegas sands where sheldon adeleson said he's going to defend the payout. it sounds like he's really committed to keeping the dividend in play. >> the points these guys made are really important. the fact we're bouncing on this quarter is pretty good. these are the levels we held in 2012. this was a 270-ish dollar stock at the beginning of last year. it's been cut almost to a third. the fact that we're rallying here with the short interest that dan just mentioned, about 15%, leads me to believe you don't fade this rally until it at least gets to the levels the guys just talked about, somewhere between 110 and 115. >> there's nothing exciting about it. the only thing is it's less bad and priced in. we still don't know how bad the slowdown in china is. maybe you get a pop up 10%. i guess up to 110 where dan was talking about it. beyond that it's meh. >> skechers out with earnings. that stock is popping. let's get back to kate rogers. the details. kate. >> skechzers up nearly 13% in after hours trading. blew past second quarter profits and sales smalts due to pent up demand from the west coast port strike and back to school. samesore sales increased 13% for the quarter. executives noted strong incoming order rates. july sales, positive wholesale reports and plans for additional stores will continue to boost sales for the second half of the year and shares are up a whopping 162% this year, melissa. back over to you. >> thank you so much, kate rogers. skechers. >> up 162% is the part that scares me. i mean, obviously the earnings are there. they had some pent-up demand and it's coming into it now but geez, up to th month it's hard for b.k. to buy anything into this. >> up 132% as of today's close not including today's pop. >> stock's 145 now in the after market. it's crazy. it's not that expensive. 23, 24 times forward earnings. but the move in the stock has been parabolic. so i'm in the b.k. camp. especially if you see 2 1/2, three times normal volume tomorrow you take your profits and run. >> i will say, though, people are paying up for growth in this sector and you see it with some of the other guys. you see it with under armour, you see it with nike. to say that this multiple is something -- i don't think you are saying this, guy, but i think you're in a place here, people are willing to pay for this growth and these guys, where the expectations, were doesn't surprise it's popped. i think it probably holds most of this. >> this is an interesting chart here. facebook shares, they're fighting to get into positive territory. this after the solid earnings beat. we'll hear from the man at the helm, facebook ceo mark zuckerberg in his own words. in the meantime here's what's coming up on "fast." >> announcer: first twitter, then facebook. will linkedin be next when it reports tomorrow? we've got your "fast money" earnings edge. plus, shake shack shares are up more than 30% since going apublic back in january. >> mm. this is a tasty burger. >> announcer: it sure is. but a big event tomorrow could have investors feeling major indigestion. and we'll tell you what it is when "fast money" returns. whole foods at near after hours session lows. let's get right to jane wells with the details. jane. >> yeah. john mackey just saying that they feel victimized by all the media coverage of what happened in new york with the overcharging. we'll talk about that in a second. first co-ceo walter robb saying regaining sales momentum is "taking longer than we would have hoped." but he said the company's making the investments that it thinks it needs to make the difference. new brand campaigns going to be this fall. kiosk ordering. they're testing a new loyalty program. but a couple things to note in this same-store sales miss. 1.3%. for one thing, the company is saying nearly -- that reflects nearly a negative point due to easter being shifted in the second quarter. but the street already knew that. and if you fold that point back in it was still a miss. the second thing is the first time we've heard the company blame california's new paid sick leave law with impacting earnings. in this case $8 million for the quarter, or a penny a share. but again, back to this investigation in new york revealing that some customers were being overcharged for produce, which whole foods admits happened. and listen to this. it says it's fixing. >> i want to emphasize these are not systematic but rather caused by inadvertent human error. they included errors that were favorable to customers as well. these are weights and measures issues that can be found in any supermarket. >> all right. lots of questions about rebuilding trust. john mackey saying we don't think our track record is any different than any other supermarket. we don't know why whole foods was singled out. we feel like we're victims. and there's no magical wand we can wave to re-establish trust. they're just going to have to do the hard work. and finally, melissa, more on these stores they're going to roll out. they have five they're going to roll out next year. they're supposed to be smaller, cheaper. not that small. 30,000 square feet. i think your average trader joe "uss closer to 10. but they say they will be streamlined and the first one will be in the very hipstery silver lake neighborhood in los angeles. back to you. >> it almost seems tone deaf, jane, to be talking about opening 365 stores. i understand that the time frame is spread out over stores. but still be opening to that extent when you're seeing these -- >> oh, no. that's the name of the store. >> five stores next year at -- >> right. 365 is their private labels product line. excuse me. yeah. so five stores next year. five stores in 2017. >> and the market will bear that. what's also interesting, jane, is you had mentioned kiosk ordering. they're just going into delivery, entering a loyal program. these are things that had existed at other supermarkets. it's odd they're doing this now. it's almost like they're too late to the game. >> i have seen some analysts say they think whole foods could gain share in the delivery business. that the type of person who would order groceries delivered mighting more of a whole foods type customer. >> right. okay. all right. we'll let you hop back on the call. jane wells, thank you. >> okay. >> this is a disaster of a quarter. >> i don't think it's a trust issue. i think it's a -- i mean, it's an expensive stock. 21, 22 times forward earnings. i don't think the market bears that valuation. i think that's the problem. >> with the competitive environment these guys are in, there's no way. that's the big problem. that's what's taking the stock down. but i will say 36 bucks, let's see what it does here. because if you look at the stock on a three-year, you look at it on a one-year, this is the place it grinds down to and ultimately you're in a place where the 365 store concept is not something investors are terribly comfortable with. i think there's a lot of questions for this. and for a stock with a negativity and a bar so, so low it's not lying people are dying to jump into this thing. i think that's the difference here. i can see a key level for the stock. but why do you have to run into this name here? >> you know what's amazing, the average move over the life cycle of whole foods the day after earnings has been about 10%. when you think about that, this is a stock that disappoints routinely and then it starts beating again and it sounds like you know, the guy was -- they're just whining about this here in new york and that. it seems like they make a lot of excuses. it seems like they have a credibility problem. >> you know what they say, it's a poor carpenter, they blame their tools. that's what they're doing here. they clearly are getting killed on competition. you can get organic foot r food all over the place. that's the problem. as tim mentioned, this has nothing to do with anything else except they have a tremendous amount of competition they didn't have before. if you want to stay in organic and you want to trade that space, i'd look at hain foods. it still -- >> take a look at a chart of kroger for the past 12 months. take a look at supervalu, which has the spinoff so, that could unlock value there. target, which offers organics. organics is not just organics -- >> it's gone mainstream. that's the problem here. dan's talked about it a long time ago. >> to tim's point real quick it was a year ago b.k. was here they reported on this, they being whole foods market. pete was on the hook there. the stock was trading 38. >> they dipped their toe in. >> they dipped their toe. so it's the same levels timmy was talking -- >> yes. trade at 36 bucks i would dip my toe in. >> top drawer trade? >> it's not a top drawer trade. this is something you keep the ticket right on your desk. >> toe in and take it back out. >> exactly. you've got to be very careful here. >> sticking with food here. shake shack vague big move ahead of its lockup expiration. shares available tomorrow. dan nathan's break down what it means in tonight's "fast casual." monster move today. monster. >> there's a good, bad, and maybe just ugly way to think about this. the good is once these shares come off lock it's been a very, very small float. they're going to nearly double the float on the 180-day lockup expiration. that should improve the liquidity. and very soon you're going to have options. for some of you people who own the stock you're going to have other ways to protect it or to express another view in the stock. the short's been very tough to borrow. it's been expensive to do. the bad side for you long holders is there's going to be a lot more shares that are available to trade. so if you have any disappointment in a name like this that is insanely valued you're going to have a lot of people that are going to sell kind of quickly. there's kind of the good and the bad of this thing. i think the net net if you really think about it, though, as soon as options are listed i think really what investors need to focus on is increased liquidity and more optionality with the options market. and just lastly i think that the stock literally stopped on a dime at 50 bucks, it had in massive rally. i don't think you chase it here. i do think if you like paying up for growth if you get this thing in the mid 50s that's where you want to do it. and then use a 50 stop on the down side. >> who would buy this here at these levels? >> i don't think so. despite the fact that the market has gotten a nice kind of exuberant tone in the last couple days, i said this two days ago so i have to say it now. i still think we're in the same market where this kind of stock gets destroyed. vol has been compressed and it's ready to burst. this is a stock that's way overpriced. i think there's a lot of growth in that sector. and i think the big boys who are cheap are much safer bet here. >> and the fast casual space what we know is when you roll out technology revenues and earnings increase. and the one company that's just rolling it out now, i mentioned it last week, red robin gourmet, rrgb. that likes it's going to break out. >> hashtag would agree with this, though. since earnings maybe cafe mac, mcd, maybe the stock is getting its mojo back. >> i most definitely agree. >> maybe. >> i most definitely agree. >> as we head to break here's another look at facebook. the stock having a volatile after-hours session. the conference call now officially halfway through. take a look at that stock. it's down 2.6%. we will hear from ceo mark zuckerberg is telling investors right after this break. right in the middle of some major earnings. here's where we stand right now. facebook some volatile moves there following its report. it is down now in the after hours session. that conference call is about halfway through. we'll hear from ceo mark zuckerberg in just a moment. plus we've got suntrust, bob peck manning the red phone for us right here on set. his biggest takeaway coming up next. plus we are monitoring a number of after hours movers. solar city moving slightly lower after earnings. we'll get the latest from that report. meantime, skechers is soaring. whole foods moving the opposite direction, down double digits right now. we start, though, with facebook. cnbc's julia boorstin has the latest headlines from that conference call. julia. >> mark zuckerberg kick things off by calling this a "good quarter" for facebook reporting that people are now spending 46 minutes per day on facebook and that's including what's app, which is a whole separate business. zuckerberg saying facebook is becoming the destination for talking about public events. now, interestingly, that's something that twitter used to be known for. he also said it's become a destination for watching watching video, which is driving results. take a listen. >> video continues to be some of the richest and most engaging content for people and publishers, and since the start of the year pages are also sharing more than 40% more videos. this quarter we updated our newsfeed ranking to help people see more of the videos they care about and also began testing new options for video monetization to help our partners build their businesses. >> c.o.o. sheryl sandberg talking about how there's been broad-range growth as a range of new businesses become advertisers both big and small across industries. she also honed in on the potential for instagram, which she said will continue to roll out its ads. it's going to become -- it's going to make its advertising formats a variety of different formats available to more markets in coming months. facebook did narrow its expense guidance range to be between 55% and 60%. that's narrower and down from the prior range of 55% to 65%. so capital expenditures will also be lower than expected and projected by the company next quarter. melissa, i'm going to go back to the call. i'll be back to you with more. >> for more on facebook let's get to the bob peck, suntrust's bob peck, monitoring the call for us here. bob, good news on the expense front. >> yeah. fantastic. they talk about mobile being one of every five app minutes spent online. instagram is just opening up. we put a note out that calculates it's a $2 billion opportunity. they'll do it in a very measured pace. the pricing continues to go up per ads. and the outlook, they talked about revenue growth rates declining which the street has baked in and the expense rate narrowing which is great to see. i think what you're seeing today there is giving back the gains from today and any sort of potential people are hoping for outsized expectations there. it looks mostly in line for what the street was looking for. >> you laid out a very, very bullish case, but does the size of the company, does the size of the stock, does it start to make you nervous a little bit? are investors getting too concentrated in a very small list of names in your sector? >> it's funny because when you think about the size of the name it's 1.5 billion users or so buzz that doesn't include messenger, 700 million more, what's app, 800 million more. doesn't include instagram. and none of those properties are being monetized at all. you think about the potential of doubling the user base and the revenues there as well as the margins. we're still very bullish. >> all right, bob, we'll let you jump back on the call. thank you. bob peck of suntrust. what bob said made it sound like it's knocking around in the after-hours session because it ran up into earnings, it gave back today's gains. what's the trade at this point if you want to get into facebook? >> i think you stay long. >> or if you're not in. >> you buy the stock. because it's the same thing. if you own it today you've made the decision you're going to own it tomorrow effectively. so i think you get long the stock here. yes, can you see it pull back? i think you saw it, though, in the after hours when it went down to 91 1/2. i don't think it's going to retest those levels. i still think there's tremendous up side in the name. >> i also think if you look at the entire social places this is what dan is saying, if you look at the landscape where you can invest as an investor right now you can't tell me facebook isn't seeing allocation as way from twitter and linkedin and place that's seemingly right now have a model that people are questioning. and i go back to why this thing's going to continue to work and it's all did about digital ad. the digital ad business no one even knows how big it is but we know these guys scale matters. everything we've been saying about the billionaire half. this is what these guys do. they're so far ahead. all the creepy things about facebook when we first heard about it, all the things they know about us, this is why they're getting a much higher margin -- >> does that make this trade even scarier because it's going to be that much or more of a consensus long? people are allocating away from twitter because it's so terrible, they might be allocating away from a yelp or linkedin. throw baidu in there. throw all the ones that have done earnings. >> i guess it does at some point. i don't think it's tomorrow, though. guy pointed out that this thing bounced in the after hours. it is knocking around. but i don't think it goes back for exactly these reasons. there will be a time when that tide sxhaz and everybody will have to rush for the door. i just don't think it's tomorrow. >> we are officially halfway through earnings season in both the nasdaq and the s&p rallied just under 2% in the past two days. oil seeing a big move higher today. so now what? all clear to buy? we're halfway through. things are okay. guy? >> technical levels still matter. i know the russell closed below 121. that's been our line in the sand. but it closed a hair below 121. now you see that north of 122 again seemingly holding the levels. the s&p did not test that 2054 level, got close, didn't test it. we've bounced again. transports have not mattered. seeming to find stability in oil. ten-year rates, 2 1/4, what was resistance going up, support on the way down, seemingly bouncing off that, meaning bonds might get sold off here. so everything points to me once again for the s&p to make a retest of that. 2135 level. which will coincide with the vix trading south of 12. >> is anybody worried about health care? i'm only asking this because to date it's the top-performing sector in the s&p 500. about 22% of its weighting is in biotech. and that's an area that sort of had trouble lately, and if you take a look at the xlv in the last couple of of days, ten days, it's been sort of sideways. >> you have to ask yourself first of all we had a fed meeting, we had an announcement today and we ultimately got i think a little more insight, that septembering very much alive for a hike and for everyone who thinks because of the commodity deflationary forces because of china, you name it, that the fed's out of the picture, so back to your question, i actually think that health care continues to be very defensive in a n. an environment where people are very worried about the fed. and i tell you what. i think this market, if you look at a couple of sectors, had huge bounces including energy and oil's testing new lows but you have to wonder whether you shouldn't be selling a two-day rally that's 10% to 15% in a lot of these energy stocks. traders should be doing that. >> i don't think we've gotten a set of earnings so far. like you said, we're 50% through. that justifies a breakout of this range the s&p has been in for months and months and months. and i think that just like the fed is data dependent so are investors at this point. they're not seeing a whole heck of a lot to break them out. there's been some leadership. in health care if you've got this m&a game of musical chairs i think the sector becomes vulnerable. >> we had the fed meeting today. dollar didn't move that much. oil was up. i wouldn't be surprised to see a lag here, though. sometimes in the currency markets you get these one-day lags and the dollar's up big tomorrow. we will see how the market trades. i think i'm probably more in tim's camp at least in the energy sector. i'm short on oil. i would take my profits in some of these oil names that have popped up the last couple of days. >> got some breaking news out of d.c. let's get to bertha coombs for the details. >> it involves defense and health care. the defense department has awarded a massive medical records contract to serner, latos and accenture. that was one of three teams that was in the running for a contract that's going to be worth just over $3.3 billion over five years with an option to renew over the first two years. it's the biggest government health i.t. project since the healthcare.gov exchange was launched. it's going to involve building a platform that can handle more than 9.5 million military personnel medical records seamlessly from the battlefield to hospitals and doctors' offices back on the home front and the officials from the pentagon this morning undersecretary for acquisition frank kendall says he put the vendors through their paces during the process, making sure that they're going to be able to provide sharing capabilities on all of these systems, both within the d.o.d., the v.a., and also civilian systems because 60% to 70% of a lot of folks within the military get their health care from civilian doctors. they hope to have the first part of the system up in a year. but kendall says they're going to undergo rigorous testing on this system and that's really what's going to determine the timeline. >> all right. thank you very much. bertha coombs. so cerner a big winner. in today's session they gained 7% ahead of this news. it's slightly lower in the afterhours session. >> there's a very good chance i am wrong about this. so i apologize if i am. >> really? >> i think this news came out during the market. around 3:30. around 3:15 or so is when this stock spiked. we've talked about cerner a lot of times. it seems to stand alone in a digitized medical records space. i still think it has some up side from here. they report on august 4th i believe. still ahead, linkedin, earnings on deck. one of the biggest highest price targets on the street tells us why the social stock could have a blowout quarter. plus solar city falling in the after hours. we've got anent analyst who says the stock could jump 20%. he'll explain right after this. ♪ introducing the samsung galaxy s6 active only from at&t. tested to withstand pretty much anything life throws your way. switch to at&t and get a $300 credit with eligible purchase and trade-in. solar city out with earnings after the bell. cnbc's josh lipton is listening in on the conference call in san francisco. josh. >> well, melissa, solar city reporting. you saw missing on the bottom line by a few pennies though beating on the top. you talk to fans of this stock they'll say listen, it controls that residential solar market which they say is growing around 50% a year, but also opportunities in the commercial market. the ceo talked about that opportunity on the conference call. take a listen. >> entering the small and medium commercial market. neglected by the solar industry. we're able to bring down the cost with a combination of doing the installation work ourselves and our unique commercial hardware mounting system. >> another key metric in that earnings report, solarcity saying it installed 189 megawatts of capacity. one megawatt can power about 160 homes. it expects to install 263 megawatts in q3. melissa, back to you. >> thank you so much, josh lipton. for more on solar city let's bring in r.w. baird, senior equity research analyst. ben kelly's got a buy rating on the stock. great to see you. >> thanks for having me on. >> it sounds like the deployment for this quarter and the guidance for next quarter pretty" line with what the street was expecting. the shocking headline to me is they're not ready to provide 2016 deployment forecasts. you raised your 2016 deployment forecast. is that a disappointment for you? is this a reason for concern? >> actually, they just said on the conference call they would grow faster than the industry. as you heard, the industry's growing about a 50% clip. we're just under that in our 2016 deployment guidance. i think the big metrics to look at here are the bookings. the massive 395 megawatts. it's a record there. theyrting to catch up on the construction side, which i think will show itself the importance of having the vertical integration throughout the rest of the year than some of their competitors without installers kind of go by the wayside, have a ball back there. >> is there any read-through for the other companies in your sector, specifically in residential whether to be a vivant or sun edison or sun run which goes public next week? >> yeah, i think that scale is key in residential and commercial and across the whole solar space. we favor the big companies like a first solar or sun power on the global scale and a solar city for u.s. residential and commercial. especially after the tax credit steps down in 2016, at the end of 2016. the smaller players likely go by the wayside or have difficulty competing. >> since you're here we've got to ask you about tesla. the referral program. the $1,000 doesn't seem like much. the reaction in the twittersphere is people who buy teslas don't care about 1,000 bucks, why is it going to move the needle. why bother with this experiment? do you think it's going to make a difference? >> i think the important thing to remember is tesla has to sell cars. their target is 55,000 cars this year. that's up from 30,000 last year. i think they want to get somewhere from 75,000 to 100,000 model ss. they're going to try to pull these levers that they can. importantly this is a lever that doesn't cost them anything. so if it doesn't work the loss isn't very big. >> we shouldn't read into this, though, that they've got to try to gups their sales? >> no. you're selling 100 thousands cars and you're trying to develop a global market. this is another lever for them to pull. >> ben, great to see you. thank you. >> thanks for having me on. >> ben kallo, baird. what's the trade? >> sety seems to be in this month of july decoupling from the oil price. i know we have the argument oil price means nothing to these solar names but they have traded in lock step. until recently stock sun changed from a decent day it has today. 40% short interest. i think it rallies from here. >> what's going on with sun edison? getting crushed lately. you're in, it right? >> it's a combination of this correlation with oil. it's more correlated with oil. people are concerned with the yieldco model. dan has brought this up. if you believe markets are not going to throw a lot of funding money at a structure that's been in the short term because they're trying to grow and gain capacity and gain the scale we just talked about. i think they're doing fine but to say they're not going to be affected by moving energy prices i think is to say in the entire sector's immune and they're not. >> what's the trade on tesla? >> here's the thing. the model x. that's the story. and we know the model s and the d is doing just fine here and they want to ramp like production. to me if you start to see good things that that is on time. this stock -- some of these guys have been all over this. it's going to make a new high at some point this year. especially if everything is on track, the stock has acted pretty well. i know the next week is going to come in here but 260 seems like the level. >> we have some breaking news. want to get to julia boorstin who has been on the facebook conference call. julia. >> that's right. facebook noting it expects year over year advertising revenue growth to continue to decline in the third and fourth quarter. of course that comes as the company faces tougher comparison to last year where it really ramped up ads in the news feed. c.o.o. sheryl sandberg talking about having a portfolio of apps facebook as well as instagram is really helping the company better serve advertisers allowing them to reach a broad audience in targeted and specific ways. >> in terms of instagram and facebook we believe that marketers are looking to connect with people in a really deep way, connect with the right people and our targeting i think is really strong compared to any other platform. at the right time. and that really means mobile. >> mark zuckerberg also talking about other growth areas for facebook, talking about the potential in search, and also responding to a question about why the company has yet to monetize messenger and make money from the 700 million plus using the messenger tools. zuckerberg saying ads and monetization will perform better if there's already a natural way for users to interact with brands on that platform saying they're laying the groundwork for that and when they do actually launch ads or monetization of messenger it will be much more successful. he actually asked the analysts on the call to be patient as they work on that messenger monetizatio monetization. back to you, melissa. >> thank you very much, julia boorstin. >> i think they're scared to death to try to monetize these mobile apps like what's app and instagram. >> why? >> because i think you start jamming ads on small screens on things people are using for short messaging, it's one of the reasons we don't know how snapchat is going to monetize their user base. i think it's a very tricky thing zblsh it's why twitter's strugballing. >> it is why twitter's struggling because we know these platforms are almost entirely mobile. i'm not certain they're ever going to be able to monetize ads on what's app that they have 500,000, 600,000 users. because i think the most you have too many ads on it you go to the next service. >> guy, you use what's app all the time. >> i was just what's apping in the commercial break. it's incredible. >> you don't even know what that is. losses seem to be stabilizing for facebook in the after hours session. >> their expenses seem to be under control. their user base is tremendous. i don't think at 35 times forward earnings it's that expensive. i think they can mop tooinetize. this stock didn't trade -- if this stock didn't trade 99 on the back of google we'd be talking about facebook at 95 look at the run it's had. i think it goes higher from here. >> still ahead linkedin earnings expected to report tomorrow. traders expecting a double-digit move in the stock. we'll explain why after this. welcome back to "fast money." linkedin will be the final big social media stock to report earnings even though the stock has been struggling over the past year. m.k.m. analyst rob sanders initiated linkedin as a buy and has one of the highest price targets on the street. here's what he's watching when linkedin reports tomorrow. take a listen. >> i'm rob sanderson for "fast money's" earnings edge. linkedin reports tomorrow after the markets close. the key items is first and foremost growth in the talent solutions business. $419 million in revenue is the bogey on that metric. second is number of corporate solutions customers. 36.5 thousand is the bogey. and third is the full-year guidance. i expect the stock to perform well on a clear beat and raise quarter. rob sanderson for "fast money." >> let's go straight to dan. what are the options traders thinking about this report? >> the implied move is about 11%. the average move the last four quarters has been about 13 1/2%. it's showing a little complacency. option prices actually seem very fair to sort of cheap here. and i just want to go to -- this is the year to date chart. the stock has had a couple really big gaps here. the last quarter was a disappointment. when you look at the implied move it's about 30 bucks here. that's up here. that would be a gap fill on the up side and it would be down here where you have some support on the down side. expecting a very wide range. it's likely to move that much. we'll talk about it tomorrow night. but here's the thing. if you're long stock and you think this level is technical resistance you may want to consider selling some calls against the data yield. >> you think it will go higher or lower, guy? >> i've been saying higher. i can look like a real jerk tomorrow. but if you think the may quarter was a disaster, the stock went from 260 down to 185 but it held levels we last saw in september. it's been quietly climbing back. i think this 11% move will be the up side. 23 bucksish gets you the 250 level we've been saying for a while. >> i agree with that. and if you look at where these guys -- these guys are growing significantly faster in revenue, 50% faster. i think you stay with this one. >> for "options action" check out the full show 5:30 p.m. eastern time on friday. coming up the traders and the bob peck give their final grade to tonight's earnings reports right after the break. more "fast money" straight ahead. here at td ameritrade, they work hard. wow, that was random. random? no it's all about understanding patterns like the mail guy at 3:12 every day or jerry, getting dumped every third tuesday. this happens every third tuesday. we have pattern recognition technology on any chart, plus over 300 customizable studies to help you anticipate potential price movement. there's no way to predict that. for all the confidence you need. td ameritrade. you got this. technology empowers us it pushes us to go further. special olympics has almost five million athletes in 170 countries. the microsoft cloud allows us to immediately be able to access information, wherever we are. information for an athlete's medical care, or information to track their personal best. with microsoft cloud, we save millions of man hours, and that's time that we can invest in our athletes and changing the world. so you're a small business expert from at&t? yeah, give me a problem and i've got the solution. well, we have 30 years of customer records. our cloud can keep them safe and accessible anywhere. my drivers don't have time to fill out forms. tablets. keep them all digital. we're looking to double our deliveries. our fleet apps will find the fastest route. oh, and your boysenberyy apple scones smell about done. ahh, you're good. i like to bake. with at&t get up to $400 dollars in total savings on tools to manage your business. one word matters more than any other on wall street. expectations. find out how it impacts facebook, panera, and a whole lot more that you may own. plus can taking out your trash make you serious crash? "mad money" is next. final check now on shares of facebook. they're down right now. let's check back in with suntrust's bob peck who's been with us for the entire hour. bob, what are you expecting for tomorrow? it's down under 3% right now. >> yeah so, we think this is a great opportunity for investors here to get into a stock we think is worth about $125. we grade this earnings call an a. when you think about a billion users almost every single day, you have a top line growing 55%, you have margins that are expanding, and even though there are a billion and a half users they haven't even tapped into monetizing yet it's a great opportunity here for facebook. >> for the other stocks in your sector, bob, are they going to be atm stocks to get into fiction fbs in your view? is that sort of the rotation we'll see in the coming days and weeks? >> we think so. we think these results will give investors reason to push into facebook as well as some of the large cap names we're also recommending like google. >> which with are those atm snokz your view? which should be? if you're an investor and in social media you're like i want to get into facebook i want to dump something else, what would that be? >> we haven't been recommending amazon at tleeflz. we also think netflix has been pricey at these levels. so we'd take some liquidity there to push into facebook. >> our thanks to you, bob peck of suntrust. or the bob peck as we like to call him affectionately. >> the bob. >> let's grade the trade. the final grade on earnings tonight. tim seymour, what do you say? >> we'll go with solar city and i give these guys a b. there was nothing extraordinary except for the fact that we talked about the bookings, 395 megawatts. they beat on that. executing on their long-term objectives and doing it also by doing some interesting stuff. a new asset-backed deal that came out a few days ago. continuing down the road with solar city. >> so b for solar city. >> facebook. i'll give it an a-minus here, a little below bob there. and koets it's really because of sentiment, because of you you guys, be anything they're doing. they're doing what they should be doing. so to me a good entry would be the prior breakout level at 89 bucks on the long side. >> a-minus for facebook. b.k.? >> i've got whole foods and i would give whole foods a d-minus. >> ouch. that's a failing -- >> but it's not quite a failure. they are doing a couple things. there is some potential that they could turn this around. i said before a poor carpenter blames his tools. all they have to do is do a couple things right here. so at 36 b.k. dips his little pinkie toe in. >> wynn. sometimes a c is good enough. held levels we last saw in 2012. wynn, higher from here even with a c. >> young kids who are watching, a c is make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere, and i promise to help you find it. "mad money" starts now. hey, i'm cramer! welcome to "mad money." welcome to cramerica. other people want to make friends. i'm just trying to make you a little money. my job is not just to entertain you, but to educate you or call me at 1-800-743-cnbc or tweet me @jimcramer. when i got into this business, the only thing i knew about, great expectations, was that it was a charles

Related Keywords

China , United States , New York , California , Macau , San Francisco , America , American , Facebook Panera , Suntrust Bob Peck Manning , Sun Edison , Bertha Coombs , Kate Rogers , Ben Kelly , John Mackey , Los Angeles , Cnbc Julia Boorstin , A Las Vegas , Julia Boorstin , Frank Kendall , Dan Nathan , Josh Lipton , Las Vegas , Tim Seymour , Sheryl Sandberg , Anthony Noto , Suntrust Bob Peck , Steve Wynn , Bob Peck , Cnbc Josh Lipton , Melissa Lee , Walter Robb ,