And then weve got china export data continuing. And were going to breakdown the momentum for you. Well also have the priceline ceo joining us live. Morgan stanley in agreement. And pricing for online orders while amazon adds 15 cities to its sunday delivery program. Is yours on the list . A busy day after janet yellen speaking. And jeanclaude trichet will be a guest here. The guy has become a cheerleader in chief. Hes done a lot of good for those who favor growth but there hasnt been growth yet and i think that the austerity park worked but when does growth kick in . One of the reasons why i think the Interest Rates are so low is because of yields all over the world. I personally think that we should be issuing bonds in this country. The feds should stop selling them. Theres a bond shortage but were not getting the growth that i want to see. I feel for him. German Industrial Production a miss today. French Industrial Production a miss. A lot of the American Companies are saying that it looks like we could get 0 to 2 growth over there. Zero is not growth. How do you have zero growth . Its like negative yardage. Or negative growth, which we have said many times on cnbc. That is a phrase thats been uttered but makes no sense. None. Were dealing with a situation where we get 1 , maybe 4 . Were the engineers in the world. There is nobody behind us. We have this locomotive and were just flying through. Were flying through . Flying . Im seeing so much good data. Im sorry. Okay . Give me some examples. Okay. Auto sales are really remarkable. Nonresidential construction going up. Services pmi, not bad. Gdp did not look so good. It was a pause. It was a pause, as yellen likes to say. I just think that there is truck, auto, nonresidential, oil and gas are all going the countrys way. They dont like to talk about oil and gas in washington because that means were pro fossil fuel. Thats where the jobs are being created. I can get you a job in louisiana, you go to texas, colorado, new mexico, wyoming, very big finds lately. You go to colorado, north dakota. You will not be able to find a house but you can get a job. I know. You can live in your car. You can live in your car and thats not so bad. Ive got to tell you, Homeowners Insurance and collision, same in one policy, an umbrella. It works. That was a joke. David and you did not live in the same car. You said our car. Youre right. I had a ford fairmont. He probably had a beamer. Lets bring in michelle carusocabrera. Hi, michelle. Mario draghi, when it was ripping towards 1. 40, it was so close, and then he said an Exchange Rate was cause for concern. Is he going to do anything about it . No. But as you look at the intraday chart, you would see the move pretty quickly. Remember, why is it such a problem . These periphery companies have worked so hard to become more competitive. Theyve cut salaries like mad. Theyve cut government budgets like crazy. Theyve tried to become more competitive and then the euro moves 10 and suddenly half of those gains disappear. Even though the yields in italy are below 3 , when you take in account inflation, its above 3 . Their debt stock is still moving. Well see if draghis comments go his way. Michelle, thanks. A lot of talk about the momentum. Tesla beats the q1 revenue. It doubled. As did priceline. The current outlook is below estimate. Stay tuned for an exclusive interview with the ceo of priceline, Darren Huston. Stock gets hit for 30, 40, 50 points and then you start hearing the metrics and they are very strong. The zillow Conference Call was like internet 3. 0. Everything you must say in order to get your stock not get crushed, youre talking about making a lot of money, signups that are return on investment. Its like, listen, we heard what caused our stocks to go down. Were not going to do it anymore. Remember, twitter now is an 18 billion company. If this cut back to 15, 16 billion, believe me, youd start thinking they pay for whats up, 19 billion . You know what, twitter is worth maybe the same. Youre right. People have been making that comparison. I have to say, the fallen twitter im not the only one . No. Ive been hearing it out there. I thought it was original thinking. It may be original but dont threat. Dont threat. Jim, the loss of market cap is a result of the lockup and the sales, the sales, ive been continuing to try to figure out who were the sellers and, you know, there were a lot of hedge funds. There were a lot of mutual funds, too. Tero price. They have quotations in terms of the size of the companies of venture investments. They may have been a seller. There are sellers out there when youre that large a lockup and just trying to explain why we saw this. Its an incredible move counsdo. Its a quarter of the market cap. There was no way you could trade it between when it was announced. Its not even the secondary. Its not even the socalled section markets. Its private sales from people. You can seek out sellers. Ali babba, you can get some. Nothing is as tight as a drum. When costello said, were not selling, they thought maybe the leader is saying that hes not going to sell so maybe everyone else who sells is going to be embarrassed but costello is not in charge of the divisions that are in front of him. 29, thats a far cry from 23. Read the Morgan Stanley report. They say that the insider share selling pressure could last for another threeplus weeks. Right . I think theres a price where a lot of this is where your basis is. If you had a basis of 10 bucks, remember with facebook, the stock drops from 26 to 21 and then a gigantic giveup. Can that happen with twitter . Im just saying that the short trade is done. You have guys who bought 16. Chaching. Morgan stanley on twitter, goldman on sjm. Remember, it says there were valueadded analysts who said, you know what, take your problems. What about the continued talk of this bubble and internet stocks . Youve talked about a disservice. Its sad. Its perfect. Isi is saying talk about a tech bubble. 90 thats misleading. They cap tech. I its at a discount. The deals that became public in 2014 are all overvalued. You have a little bit of a decline in the number of paid users. Every tech company, if you bought the pop heres a great one. Every tech company, if you bought the pop, youre down. I know. Every single one. Its not even like whoa, that one stayed up and that one stayed down. Bubble is the word that bothers me. Overvalued i have no problem with. Bubble means that its 2000. When you look at the market cap and you have the sharp stick in the eye, i meant fire eye. Youve got to give him credit. Youve got to give him credit. That stock goes to 3 billion or 2 billion from 4 billion, believe me, there are people who want to buy stocks for security. What about aol . What happened there . Cash flow is seasonal but cash flow for the year. And aol i go through that and theyve really turned on it. There was like a closet group of people waiting for one little ching and they took that bad boy down huge. When i go over the quarter, i understand why it would go down some. But the Magic Carpet Ride is over. They are still getting a lot of money from the dialup business. Yes. These people, who are they . Well, you know, they are people who suckers are born every minute. But i do i think aol is overpunished. They didnt buy back stock. I dont know how many shares they bought back this quarter but i think that tim armstrong, there is suddenly a sense that he had done it all with smoke and mirrors and i think thats unfair. They built up a good business. And they push through. Like advertising. Overdone on the sell side. Frankly, theres a big lockup on may 22nd, 80plus million shares. If they have a 5 basis, chaching. And well get details after the break. I dont want them talking about me. And exclusive with pricelines Darren Huston. The Seattle Seahawks have given Richard Sherman something to smile about. He signed a fouryear contract for 57 million. 40 million guaranteed. New contract signed, he tweeted, great moment for my family and foundation. Thats a big deal. I tweeted him immediately and within, i dont know, a few minutes he thanks me because he did say i did the best imitation of him of anyone. Now Richard Sherman, along with kevin durant, these are the people who represent our country. To me theres a level of selflessness yesterday that didnt come out on the contract, because he is, and Kevin Durants speech about mvp should have been his mom, i would love growing up to have these role models. And hopefully some kids at round one of the draft will take inspiration of that. His blanket coverage, where hes very active along that line, obviously before that, from a very tough area, from los angeles, look, we dont get heroes. So when we do, lets praise him. Richard sherman, the president , praised him on the speech at the last correspondents dinner. Amazon expands sunday Delivery Service to 15 cities and fedex will plan to charge by size, not just weight, squarely aimed at customers who ship toilet paper, et cetera. Fedex, kellogg and then whole foods is under fire for not cutting prices enough. Sprouts does not cut prices and sprouts had a very good number. Reversed course yesterday, i believe. Exactly right. People are saying, thats the next whole foods. Ill go back and talk about whole foods for a second. They are the best. They will win in the end. This is one of those battles where youve got to cut price in order to get it. I thought the fedex was interesting and ups. These are companies that should be much more cognizant. And they criticize them for not being efficient as they could be, particularly how they use their fleet in the air as opposed to on the ground. People believe they could do better. Amazon theyve got to know that amazon at some point may say bye. Fedex was up. It signaled things are not so bad. The downgrade from barclays focused on returns. Whole foods is going to be focused on Service Technology and value at the expense of returns. This is a new theme. Got to be careful about this. So youre saying you agree with the barclays downgrade or no . I think it made a lot of sense. This group is a little frothy. What about amazon at 297. 92 . The world changed. I dont want revenue growth. I want earnings per share. Everyone that manages their business like amazon, thats whose stock is being punished right now. Youll see spencer of zillow not running his company like that. But history will tell you, if you look at amazon, it will come back. It will come back. 31 cities in china who have 5 Million People in it have taken to amazon. Remember, it was mentioned we have mobile ringing the bell today. Ali babba this is why i dont like ali baba. Theres the ringing endorsement that hes not in it for the money. The chinese are being kraicrack. What happens if they crack down on november 11th, which is big for me. Huge. Huge day for me. Im one of the 283 Million People who bought some gifts on singles day, november 11th. If the chinese say were not backing the singles day they are trying to have a consumerbase economy. Are you tuning into the communist party . Are you listening into their phone calls . That was a good documentary you did. They are. You are in big trouble. Big trouble. I stopped talking. Hey, raymond shaw is one of the well get cramers mad dash after the break and talk live to a u. S. Ambassador to ukraine, jeffrey payot. You, my friend are a master of diversification. Who would have thought three cheese lasagna would go with chocolate cake and ceviche . The same guy who thought that small caps and bond funds would go with a merging markets. Its a masterpiece. Thanks. Clearly you are type e. You made it phil. Welcome home. Now whats our strategy with the fondue . Diversifying your portfolio . E trade gives you the tools and resources to get it right. Are you type e . At your ford dealer think . They think about tires. And what theyve been through lately. Polar vortexes, road construction, and gaping potholes. So with all that behind you, you might want to make sure youre safe and in control. Ford technicians are ready to find the right tires for your vehicle. Get up to 120 in mailin rebates on four select tires when you use the Ford Service Credit card at the big tire event. See what the ford experts think about your tires. At your ford dealer. Its called truecar. And truecar users. Save time and money. So when youre. Ready to buy a car, make sure you. Never overpay. Visit truecar. Com today. All right. Its 6 1 2 minutes before the opening bell. This is cramers mad dash. I want to talk about solar city. Solar city truly did report a great quarter. Solar city is going into distributing solar, meaning the panel on top of your house. And solar city, along with a competitor nrg, which is david creen. The ceo. Its a very nice recommendation and says listen, believe me, the distributed business is very, very strong. Were seeing that its a headline. Good quarter, better calendar, even better your 15 targets. This one is ripe. So you come and subsidize and then sell power back to the utility. The more places that do that, the more you own solar city. First solar is on tonight. That has not been their gig. First solar is about gigantic power plants. Mega rays. I happen to like both because i think solar prices have come down. Some of them multiple, though, right . Theres no doubt about it but there is this is a future of 50 million buildings that could have a solar panel. Imagine that market, its 50 million buildings. Thats a lot. Its a great business. Its a lot. Id like to go in it if they did it. Id like to think that solar panels on your roof where the utility has to kick back, its huge. It goes higher. Tesla goes up. Opening bell is in about 5 minutes. Stay with us. Youre watching squawk on the street. Dog oh, boy mattress discounters oh, boy mattress discounters memorial day sale. Whats this . A queen size sealy gel memory Foam Mattress for just 497 . Mattress discounters has the Largest Selection of memory Foam Mattresses under one roof. Comforpedic, icomfort, optimum, and, wow, four years interestfree financing on the entire tempurpedic cloud collection . Dont miss the memorial day sale. Mattress discounters [ girl ] my mom, she makes underwater fans that are powered by the moon. She can print amazing things, right from her computer. [ whirring ] [ train whistle blows ] she makes trains that are friends with trees. My mom works at ge. Became big business overnight . Like, really big. Then expanded . Or their new product tanked . Or not . What if they embrace new technology instead . Imagine a companys future with the future of trading. Company profile. A Research Tool on thinkorswim. From td ameritrade. Youre watching cnbc squawk on the street. The opening bell is in about 90 seconds. Yellen is about to take the microphone on capitol hill. We begin the day with the s p almost exactly 1 , despite all of the carnage, 1 below the record intraday high. See, that statistic is killing managers. They never want to hear it. That is the number that they fear because so many managers are well below that that they are like, please come down, s p, and they are willing to talk down the s p. They cant have the s p up. Yellen is being seated as we speak. Again, this is not before the joint Economic Committee but this time the Senate Budget committee. Some members include mike crapo, a pioneering potential tax reform in this country. Pat toomey, mike enzi, Bernie Sanders is on the economy as well and of course their comments yesterday, not too worried about the gdp print but housing is a concern and may go on longer than expected. And is it demand, the fact that theres not enough supply . What is driving it . Yesterday i felt that zillow made it pretty clear that housing is going up 3 . He puts on a pretty good face. He does. Theres the opening bell. Down here at the big board, cheetah mobile celebrating its ipo today youre not doing this . Every single ipo has been a failure from where it traded at the top except for four Biotech Companies and one of those got approval for drugs. Its really remarkable to see the carnage, the amount of money lost by ipos. Its been a disaster. 2014 has been a disaster. We have not mentioned the sales up 1. 2. Europe up 1. 3. U. S. Flat was almost exactly on consensus. A lot of discussion about that. Working on operations to improve a q3 story. Ive got to tell you, i am with them. This stock has been remarkable in part because everybody elses numbers have been coming down. Their numbers have been consistent. How do you know that they dont do something selfhelp . There may be selfhelp. I think there might be. Good company. Yeah. I know people are saying that the trend is bad and Everyone Wants natural food and i get that. At the same time, lets not forget worldwide. This is a pretty good company. Green mountain beat by 14 cents at 1. 08 and expands a partnership with smukers. We reveef short this, short that. How was the Green Mountain short . Now puree short. I say cut short because the guy who runs cocacola who ran Green Mountain made a sweetheart deal thats been pretty darn good. They are buying back stocks and they are embarrassed. Em barsd. This was a great, great stock if you bought it. I dont mind saying that and i dont think this company has great management. Youre absolutely right. There was a key short there. Like with athena, 170, you go to the tape its missed quarter and he blames me. And now suddenly im the guy. Now suddenly im the guy. Cramer likes athena. I have a show, you can watch the tape. White wave is up 22 cents. Revenue is a beat. And i have been recommending this stock. You can take it to task and greg has done remarkable work here. I dont know how long his company can stay independent. I asked him that. If youre general mills, dont you want to earn horizon or the earth bound or great salad that i used last night when i made my salad on a nice piece of swordfish . It was good. I cooked last night and i used quinoa because i use it for every single meal. I mixed in some quinoa, both good fo