Social media struggles, Robinhood IPO, China calms investors

Facebook earnings revealed that there could be a battle going forward between Apple and all of social media. Wedbush’s Dan Ives joins to discuss. Plus, trading app Robinhood begins trading on the Nasdaq today as a public company. We speak with former E*Trade CEO Karl Roessner about what it means for the brokerage industry. And China is trying to quell investors’ fears after the country’s crackdown on tech companies. Our own Eunice Yoon has the details.