They want to check that out as well. We kick it off here with the google, hitting all time highs in the after session, costing 900 a share for the first time ever. Lets go to san francisco, they just spoke with a top Company Executive moments ago, josh, whats the headline . Obviously here, melissa, listen, some investors expressed concern headed into this print because of that youtube advertiser boycott. What that would mean in terms of impact. I did talk to a senior capextive at the company. They said listen, they take seriously to protect the ecosystem. We know google did implement few controls and policies from a revenue perspective, this executive saying the near term impact from that controversy would be in their words modest. You saw google advertising revenue 24 billion. Long term this executive saying they continue to benefit from a secular shift from how people are consuming continent, in oth words, youtube is the place to be t. Cfo also weighing in on the quarter. Take a listen. We benefitted from our teams innovations, that continually enhance our advertising business as evidenced by the ongoing growth of sites revenues. On a there are basis, the increase in sites revenues reflect the healthy growth in mobile search. Now, google ceo also on the call, a couple points saying youtube in his words sees extraordinary growth, watching 1 billion hours on youtube, remember they did not break out cloud. It is looped in the other segment. That segment did see revenue in the quarter more than 3 billion, google continues to demonstrate the cloud new Machine Learning service, hop back on the calm, bring you guys more headlines as they come, back to you. Its a tale of two 900 stock, both amazon and gook him hitting all time highs in the afternoon sex. The next stop, a thousand dollars for these stocks. Few missed the run, heres the question. Is it too late to get in on these two tech giants . Tim, kick it off. Definitely not google in my view. Think of a company that has a big stock price 100 is irrelevant. This company is massive. Their consolidated revenues are up 22 . The digital ad grew 29 . This is for a Company Trading anywhere from 20 to 25 times earnings. Thats remarkable for this stage of the cycle. When you think about their search business, its core, it continues to get better. They now have 61. 5 of global search. All these other businesses, others grew 49 . To me, can you still own google . Absolutely. Can you step in . Absolutely. We debate this stuff all the time. I dont know you need to. You will see upgrades in google, im sure of that. One of the biggest concerns going into the quarter was sales on advertising revenue based on advertisers pulling away from youtube over the objectionable content. Thats pretty much taken to bed, isnt it . That story broke in midmarch. Do we know yet . This company does not look at guidance. You look at the confidence, some of the commentary that weve already we heard in the press release, they dont really. Theyre not putting any alarm bells out there. There is some issue that carried on in q2. Despite the fact the price is down a bit, you expect that. Thats where they, i wont mention one thing. You talk about these other bets. Those losses were greater tan expected. They will blow a billion dollars in the quarter. There is a time investors might think differently about that. They also year over year gained 10,000 employees. So i think were at a point, we will see this when we talk about a himson, investors like the fact that these companies are investing with all time highs with profits and sales, whats not to like again . Yeah. They have to invest. Look, i like google. I think its an investment i purchased t. Stock is up roughly 12 yeartodate. But there are other names in the groups, revenues two times a clip than google is. I think are still fairly valued. Will we lose here . Would i buy amazon . 100 . But lets go to it. Facebook is up yeartodate versus google being up yeartodate. Roughly the same pe multiple. Facebook has revenues at two times the rate. Lets talk about amazon and google. This is the most welcome thing you can v. They have been the biggest duds. Relative performance is all that matters. Everyone else in your class is up 20. You lose, these stocks have been failing on a performance basis for now six months. This presumptively will get them back to few relative highs. They are indicated up 3 to 4 . Stay there to do that. Is google the one that follows . I hear you on that. I dont want to be the guy in my class down 10 . But, amazon is up 240 in two years. So not a lot of time. You cant tell me, i know you picked up six months, its not such a great run. Think of the fact over the last eight quarters, they have been able to deliver a part of the bargain investors want to see. There is regulatory kempblts obviously we have issues with youtube. They will play a period of time. That to me is still overhanging, so you have to be cautious there, from a pe multiple perspective, its absolutely in line with the multiple. Roughly 20 times, next years earnings. I look at that and say why wouldnt i buy facebook at the same pe multiple. It looked good. This is oopts one where expenses have been an issue t. Genes he gave for q2 was not fantastic. Investors dont care. This is a company that happens to offer guidance. They oftentimes beat it. When they dont, it is a matter of September Imt here. I think that, you know, obviously, there is a secular shift. Its going to go global. The other as suspects is aws. The greater it gets about 10 above the hole, investors get more comfortable. The price action, is it in line with the item markets . Thats a really good question for both google and amazon, they were expecting a 4 move in either direction. This is one of the things i think is really interesting. Once we have all this news come out. We had a few situations this week. We saw letter x down 27 . We saw seagate down 16, 17 . There was shooting versus asking questions later. We dont have 10 up in the 400 500 dollar name. We seen them in the past. They opened up in an all time high. Who is the buyer other than David Seaburg . Well the thing ability amazon thats interesting. They have massive investment in infrastructure and hardware. So do they need to continue to invest that they had . I think they do. Would you rather, amazon on google . Amazon. Hands down . Thats a good question. Why . Again i believe in the platform, i think theyre investing correctly. There are overhang issues. I think google looks cheap. I think it will perform well, i think amazon will outperform them. The regulatory issues. They are referencing the android. Theres more issues. You want to talk about someone with a targeted on their back. So. When i think about this whole space with egot these massive guys dominating and pushing guys out of tear business, including face boong and google. They control commerce, period. To me, amazon, you talked about regulatory. Five times that google. They are totally secure and comfortable with amazon. Theyre not necessarily on google. I will say its a checking account, few will, the money will gravitate to amazon, it will be a safety trade if you will. It sound insane. Amazon safety trade. I am stating that. A lot of these names, theres confidence in the growth outlook. Can i ask you a question . I love you to death. I know you have fantastic plans as a professional. There you go. Does it make you feel that comfortable when you have huge institutions telling you how safe they think you are comfortable . No. Is there not safety in the crowds. The he hedge funds. Altogether, you are missing the point altogether. There is a comfort in the forward looking Revenue Growth. There is a comfort in the model. An ability to understand and hook valuation. You know what google is doing you know what will happen with inflation. Ki make one point . No, you dont. They have 165 billion in sales. Most will come at the narrowest of margins in their retail. Whatever you want to assign the trade, its about eight of you. You have or cam, google, everyone and their mother. Hold on. Google, thank you. All right. Lets lock at the carts. Amazon for the chart master, please, tell us. Well, amazon is the better chart. You want to look at the relative performance versus the market. Google peaked almost a yearandahalf ago. Lets just look at the charts and see what we figure out. These are great winners. Heres your after hours move. We know this is going on in amazon as well and microsoft and intel is the exact opposite. Lets look at a few other time frames. This is the more important thing. Right. So we know the stock is trading at or near all time highs. We know it has been range bound. We know it has, if you will, broken out. Yeah, okay. But what google has not done and amazon is much closer to it. Is google has not come and made a new relative high t. Way its indicated now, we will fought do that, even tomorrow. So that again, one could say, why six months . They need to know who you are on the mark. Are you a day trader . Six months is a long time. God bless, hold google, hold amazon, the point is, this has been a nonalpha generating fact for half a year and even after hours, it would indicate that its still not going to get back to its relative peak of six months ago. So you would rather id rather have amazon. You will get. Now this comes back, also, just what is your market stats . I disagree with david in that. I think core internet investors are more cautious on amazon. The broader base loves amazon. That would scare me as an investor to own this stock. By the way, should we invite carter back to the deck . Come on back, carter. You cant look at the daily he has, we only did one of the two. Lets look at the facts. We can always chat. Lets talk about the facts. Do we have a chart here . Okay. Now, this is important. This has all the look of a head and shoulders bottom and we are very close to making new relative highs. As a pattern, when somebody looks at patterns, much better debt. I dont know how many people match up. Were on the same page. Ly come back and find out. Here we go, to amazon. Im not in amazon. Im in dpoogle. Hes in google. Its obvious. I agree on a technical basis. Its a breakout. There is a couple things we talked about when you talk about these companies, when you look at alphabet. Look at the stuff amazon, aws. Think about voice. They have dominated this echo thing. They are probably making money in other ways. Its a stickier thing. They are getting into content. I get it why you know everyone loves it. Some day you will talk to my book a bit. Still ahead, breaking down the after hours action. Without a trade, we got a red and a blue phone tonight. We are going a little crazy. Plus not just earnings. The Government Shutdown is out of the question. Think again. A new development raised the stakes. What it is and what it means on an insanely busy fast money back right after this. Hey, im the internet i know a bunch of people who would love that. The internet loves what youre doing. So build a better website in under an hour with. Gocentral from godaddy. The internet is waiting. Start for free today at godaddy. Welcome to holiday inn whether for big meetings or little getaways, there are always smiles ahead at holiday inn. The power of 100 of the worlds top companies. The power of a proven 15year track record. The power of an etf. The power of qqq. The thinking we put in, clients get out. Power your clients portfolio at powershares. Com qqq. Before investing, consider the Funds Investment objectives, risks, charges and expenses. Call 8009830903 for the prospectus containing this information. Read it carefully. Distributed by invesco distributors inc. Containing this information. Read it carefully. Hidden in every swing, every chip, and every putt, is data that can make the difference between winning and losing. The microsoft cloud helps the pga tour turn countless points of data into insights that transform their business and will enhance the game for players and fans. The microsoft cloud turns information into insight. Ready or not, here i come. Ek. anyone can dream. Making it a reality is the hard part. Northrop grumman command and control systems always let you see the complete picture. And were looking for a few dreamers to join us. Wont replace the full value of your totaled new car. The guy says you picked the wrong insurance plan. No, i picked the wrong Insurance Company. With Liberty Mutual new car replacement™, you wont have to worry about replacing your car because youll get the full value back including depreciation. Switch and you could save 509 on auto insurance. Call for a free quote today. Liberty stands with you™. Liberty mutual insurance. E trades powerful trading tools, give you access to indepth analysis, and a team of experienced traders ready to help if you need it. Its like having the power of a trading floor, wherever you are. Its your trade. E trade. Welcome block to fast money. We are live at the max markets him alphabet, amazon, intel and starbucks, out with the report. These are some of the biggest stocks pushing the nasdaq futures to a record high. We have full team coverage. We are monitoring alphabet. Julity borstin is in louisiana. Dom chu is taking look at intel and starbucks. It would not be an earnings season without action. He has been listening in, about to jump on amazon. We will hear from him later on in the show. Lets go to susan lee who is in the newsroom. Something a starbucks scam after hours on pretty strong volume. Puts the Earnings Call under kevin johnson, sales an revenues missing. Its two quarters that sales have missed for starbucks. We would eventually get back to. Kevin johnson says, the future is still all about technology. The critical transformative components required for any brick and Mortar Retailer to survive, let alone succeed in the future are, an engaging digital and mobile relationship with customers, that is threaded into a branded immersive Experiential Retail destination. Okay. So you can extrapolate. That means starbucks mobile order and pay, highly important to starbucks future. They experienced problems at the end of last year. Remember the long complaints and long lines as a result of backed up orders. They are taking staff to fulfill those mobile orders and texting customers when the orders are actually ready. Xbox started to personalize mobile marketing in march a. Month ago, they have seen positive reaction. Food is a struggle that starbucks wants to get into. They want to get back to 25 and they have introduced their fresh lunchtime food line, currently testing in chicago and then we should talk about executive chairman Howard Schultz hasnt made an appearance on the conference calm. He will be triefg tdriving the largest groceries, starbucks in 2019. By the way, we have new drinks as well. Following up on the highly successful ind is that gram, unicorn frappuccino. We know about the mystical animals tomorrow on squawk on the street. Howard schultz you see there. I dont care about unikorns and dragons, investors are down 5 in the session. There was a slowdown there. They hear about overall slower service and a backup because of the mobile ordering. They think, thats what happened last quarter. Why hasnt there been an improvement . First of all, sedan not ordering up almond frappuccinos. K. J. Who is supposed to be the operational guru should be the guy to handle this. I missed it. The u. S. Is 3 , which is florida for me to say this is a company that rallied 8 into this number in seven sessions. Its got a great print. Its not terrible. When you are rushing to work in the morning to get your cup of coffee. You will wait. You sit there in line and backlog and what have you. Thats a problem. If they vitriol. Thats the whole this inc. You look at technology investment. I get it. Its the Second Quarter in a row. Its a problem. It will take at least another one to two quarters to work this out properly. Panera goes out. A lot of money is coming out panera into the megacaps, starbucks, what have you. Im not getting it panera. I hear what you are saying. Its an operational issue. Not everybody is in new york. They got to get their coffee in 30 seconds and move out the door. Whats important. Nothing is structurally wrong with this company. They are getting ahead of the secular shift. They are getting out in front of it. They are not making excuses about it. To fe me, if this stock consolidated at an all time high. Its moved from 64 to 52. Its entitled. To janells show me story, this is the Second Quarter, technology being blamed two quarters in a row. Lines too long, its shame on you. Lets get back to susan lee in headquarters. Shes got more. Susan. We are looking at their mexico sales, melissa. Now starbucks is telling us that mexico saw a 9 decline because of antitrump sentiment. The brand is hit and calls for a boycott of American Brands in pokesco. So interesting news there. All right. Thank you, susan, for that update. Trump on mexican sales. I dont know if mexico is a huge part of the overall revenue. The u. S. Is 6 of sales. We travel towards mexico. Again, look at how this nafta news flipflopped all over the last couple days. I would not be worried about mexican sentiment. We are talking about like, would you get in here and buy google or amazon at all time highs . Heres a company with a premium brand, a dominant position here in the u. S. They grow internationally. My point is when you get an 8 rally into the number and a 5, 6 rally, there is no massive fundamental hole in the story. Thats how you trade. If they get in there. Its the most managed wereings story. 12 quarters. Theyve either matched the quarter or beat by a penny. Just managing the numbers. Moving on, intel fol falling following earnings. We have all the details. Hey, dom. They have earnings beat a slight revenue miss. They raised their outlook for the full year as well, adding 10 billion to the buyback. They talk about the idea basically that we have at most kind of like this idea for intel of them trying to grow tear business in certain areas that are outside. Brian spoke about this on the Conference Call about how theyre trying to position themselves going forward. Take a listen to what he said. Were encoding the prophetability of our pc business. At the same time, our investments in the data center, iot and spga rz paying off, with sophisticate combined Revenue Growth. These are purposeful investments that will position intel for years to come. The key here, guys, these are things, data center, also spga field programmable data rate. These are integrated circuits that engineers can use to kind of adjust their applications on th