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Transcripts For CNBC Squawk On The Street 20131031

And for the time being europe is mostly in the green over there our road map begins with facebook, smashing analyst comments. The cfos comments about teens using the site is spooking investors. And a double dose of dow earnings. And well speak exclusively with the ceo kroeger in just a few minutes. Investors were spooked when the cfo made comments about teens. Usage of facebook among u. S. Teens was stable from q 2 to q3 but we did see a decrease in daily users, specifically among younger teens. This is nothing new. Theyve been talking about this for a while. But to hear them say it, they have denied it in the past. The q a for this is the stock was at 55 and 56. First you hear teenage decline, 52, 53. And then you hear ads will decline and its boom, to 50. Theyre doing 2 billion in revenues now. You listen to the call, you were kind of blown away by how well theyre do bug thing but ty give you that chink. The thesis by the end is this people doesnt use it anymore because theyre younge

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