taylor: i'm taylor riggs into emily chang. microsoft and google trading punches at a congressional hearing. google saying microsoft assertions are diversions from recent hacks.

it is a complicated fight we will break down for you. a post-pandemic perspective. we speak with the ceo's of dock you sign and cost mark, companies who have benefited from remote work and all the shopping we are doing. how do these companies look as more people get vaccinated? and we will be speaking of those vaccines one year ago. the epicenter of the pandemic in new jersey. we catch up with the hospital's president and ceo, on lessons learned and new scientific breakthroughs, all part of our special series, one year since the shutdown. first, we have to take a look at the markets. it was a wild week. kriti gupta is going to join us. it felt like the week when tech really started to respond. rising yields. pretty -- kriri: -- kriti: the

idea that tech was the safety of the market. even after a few weeks, it holds true. taylor: even though tech was falling, i got huge calls today, tesla and apple. how do you get to $3 trillion on tesla and apple? kriti: people are already looking to the next potential tenure expansion. when you start to see things like stocks take a step back, there is the idea that the economy is bouncing back. what happens when everyone comes back to work, everyone decides we are going to commute, everyone is back to 2019? a lot of people start thinking, hold on, we are in a growth

environment. tech could be a better play in the long term. taylor: we migrate to tech in the u.s. and chinese tech. the chinese tech etf, a lot of concern about a big tech crackdown, but this time in china. kriti: what is interesting is that the chinese tech crackdown is really coming on the heels of the u.s. tech crackdown. you saw this become a global story, really ramping up in china, where we know big tech giants -- alibaba, baidu -- have become huge companies. they are trying to say we do want to maintain elements of market competition. this is extremely important to remember. when you start to see a conversation like this happen in china, this has to do with what a value add in china is.

emerging markets are part of it. china is a big driver of the global economy. what happens when you see some of these major names? you see some red on the screen. i think that will be a major question as you see the china saga rollout. taylor: i want to talk about the fight between a-rod and j. lo. they just called off their engagement. it is breaking news. all of my producers have told me i am not allowed to check the script. let's talk about another fight happening in d.c., between microsoft and google, a pretty serious fight over way. kriti: not as bad as j. lo and a-rod. just kidding. it absolutely is. microsoft, apple, i really want to put the emphasis on microsoft, because you are seeing that trade a little bit differently than some of the big names. this is important to keep in mind, because tech used to trade as a bundle altogether. early in 2020, we saw them all trade together, and then you see these diversions. this is where the antitrust

conversation in the u.s. comes to fruition, this idea that microsoft has a different take on what washington is proposing then google does. it could have very different impacts on their core businesses. we were talking about wind evaluations and fundamental start to matter. this could be that moment. taylor: and you are going to join us at the bottom of the hour to continue to talk about some of the tech names we are following. but i love that you ended with microsoft and google, because indeed microsoft taking aim at google as it supports a bill to give publishers more leverage over big tech? -- over big tech. microsoft's president, brad smith, emerged as a leading industry voice in favor of the law. brad: if this bill is passed, news organizations would be able to negotiate collectively with us. i assume they will negotiate effectively with us. taylor: google meanwhile

slamming microsoft for rallying support for legislation, saying they are reverting to their familiar playbook of attacking rivals and lobbying for regulation that benefits their own interests. they are making self-serving claims and are willing to break the way the open web works in an effort to undercut a rival. for more, let's bring in david mcglocklin. it is a complicated story we are following. start with microsoft's perspective, coming out swinging. what do they say? david: this is a bill that would give media organizations and antitrust exemption, so they sort of can band together and gain leverage over google and facebook, which they complain they are beholden to right now individually as publishers. microsoft, interestingly, has been going around the world,

speaking out in defense of news publishers. they were in australia, where there was a law passed, the one that prompted facebook to impose briefly a news blackout on its platform there. google threatened to shut down its search engine over the law. a very controversial law passed out of australia. microsoft is there, supporting it. they have been in europe, doing something similar. this was the first time in the u.s. they have come here to make their case in washington. taylor: google of course throwing some jabs back in, talking about self-serving interest. what was your key takeaway? david: what i think is interesting about this is google and microsoft were very much foes years ago.

microsoft was one of the main companies that was in europe and in the u.s., pushing regulators to take on google over what microsoft said were antitrust violations. and then they basically buried the hatchet. they reached a very large settlement. there was all kinds of litigation between them. it just seems like this is emerging suddenly over this new issue, at a time when google and not microsoft at all is under a lot of antitrust scrutiny. google ensued by states and the justice department over advertising and search business. and it is confronting, for the first time, real serious action in washington. taylor: i love that you bring up the history and the perspective. indeed, as we have been following all of this, the doj, the attorneys general, all these

potential lawsuits, microsoft seems to be the one unscathed, because like you mentioned, they dealt with this back in the 1990's. what can google glean from microsoft's playbook as they are facing antitrust scrutiny of their own? david: well, i think the big lesson from the microsoft case, or one of the big lessons, was that that litigation, which went on for many years, almost led to the breakup of microsoft, but did not. it distracted microsoft in a big way. many people think that that sort of distraction that it caused helped lay the groundwork for other silicon valley companies to emerge, and eventually become very dominant. we will see if something happens

like that again. it will be many years down the road. but it is so noteworthy that it has been two decades since something this serious has been affecting silicon valley. taylor: thank you for the conference perspective, breaking down what has been a complicated story to follow. we appreciate it. another strong corner -- quarter for doc you sign. letting us sign from the comfort of our jammies in our own home. we see what the future holds as business gets back to being in person. ceo dan springer is going to break it down for us. ♪

taylor: e-signature firm doc you

sign-- docusign surged as demand skyrocketed from people working remotely. the company reporting guidance for the following three months, beating estimates. analysts brushing off estimates that the billings beat was lighter than other quarters. it has an outperform rating, a $300 price target. one of the favorite next-generation software plays. the stock down 1.6% despite positive earnings, part of the tech rotation we have been talking about. joining us to discuss, dan springer. the billings beat comes in a little later than usual. analysts highlighting the conservative guidance. what do you say some of those analysts? dan: we tend to be less focused

on short-term fluctuations in stock because it is so hard to predict, and tend to focus more on what you were articulating as the longer-term secular year. we put up 50% revenue growth. it went from a billion to a billion and a half. not many companies get to have that rate of growth at that scale, so we are pleased. in terms of the short-term pressure you are describing, we tend to think about the guidance forward. we talked about growing our revenue another half $1 billion, and i think that is healthy growth. we hope to actually exceed that. from our standpoint, we feel really good about 2021. it is clearly a breakout year for the company and we are going to try to put up great numbers. taylor: analysts citing the long-term opportunities you referred to in contract lifecycles management. what does that look like? dan: you think signatures when

people say docusign. it is the core thing people think about, is e-signature's. but increasingly, our customers have said it is about preparing agreements before they get signed, and about managing -- what you just referred to, managing those doodle agreements once you have them. we are investing big. we believe the overall docusign agreement cloud, that. of preparing and managing those agreements afterward, is a big opportunity. we are lightly penetrated there. still early days and signature. we think we could roughly double it and we go for the bigger opportunity. that gives us a lot of years of fantastic growth ahead. taylor: where on the list priorities is international growth? dan: very high. in some sense, we are really excited to finally get to 20% of our revenue internationally. but a company of our scale, realistically, we should be higher.

internationals had a blowout year and a blowout fourth-quarter. we need to maintain that kind of growth across the globe. one really positive indication i can give you is for each geography, every single geography in the fourth quarter exceeded their plan. we are on a great trajectory as we enter the new year. taylor: you have analysts saying march 24. what is going to be the key thing you are going to highlight? dan: investors want to go deeper into the product. you were talking about the docusign agreement cloud. we want to understand the roadmap and deliver on that front. there are specific progress -- products in there that people are interested in, like notaries. everyone is excited about bringing the magic of docusign signatures into notarizing agreements as well. the product cycles, we should focus on advanced analytics. the software last year, people

want to understand how we are going to integrate that sort of artificial intelligence capability into our other products. taylor: it is the question everyone is asking, and so we ask it. what does a post-covid world with more vaccines look like? dan: i'm sure looking forward to it, because whatever it is, it is going to be better than the covid world. i want to get back into the office. our view is, the new normal will be two different factors. there will be people going back and saying, "i can do the things in person i want to do." there has been a lot of good in a difficult situation you don't want to waste. and we have learned more things we want to do remotely. we are looking at this overall peace and say there will be an anywhere economy. people want to do anything they do from anywhere. we look at docusign as a key part of the anywhere economy. what we want to deliver is the capability, so people can continue to do that stuff,

whether in the office, whether from home, wherever they are traveling, and make those capabilities such that they can achieve what they used to have to do in the office. taylor: do you deliver that ability by a strategic m&a? dan: we believe m&a will continue to be part of what we do, but a small part. we have to do these tuck ins. if we see someone has built domain expertise in an area that should be in an overall docusign agreement cloud, who got there faster than we did, and had special skills and capabilities, we will acquire them. but we have great growth organically. and i think we have the vision to allow the docusign agreement cloud to be the leader in this anything economy. it is going to be something people can do with docusign. we don't think we will need to do something bigger. taylor: on the broader markets, we know stocks go up and down. we know you are not looking at the share price on a tick tick

basis. in broader conversations, there have been some concerns about these high flyers, some of these recently ipo'ed companies, and the reevaluation of what this all means, given skyhigh valuations. what is your take on the recent tech rally we have seen? dan: the route has come after an amazing rally. kriti: fair. -- taylor: fair. dan: you have to say historically, where are we? in the tech space, we are at historical highs. we have never had valuations at these multiples before. that causes people to be a little bit nervous. if there is tricky news or something from the fed, i understand why people would be skittish. but my view on it right now is what is different this time -- remember, i lived through the.com boom and bust -- the dot com boom and bust.

people are interested in driving real success. taylor: good perspective. stocks go up. stocks go down. docusign ceo dan springer, thank you for joining us. we have breaking news about those stocks moving. it is caesar's, nxp cup -- set to join. those will be on the move in aftermarket trading. and underpayment on sites like instagram, tiktok, and others. we look at the disparity. ♪

taylor: anyone can get famous on

tiktok, youtube, instagram. it is a lot easier to make a living if you are white. that is the latest in the most recent edition of "bloomberg businessweek." marketers are increasingly underpaying black influencers. i want to bring in sarah prior. really, you just bring to light -- bring to life those individuals who talk about in that story. the lesson example, an anecdote of what you heard out there. sarah: i start the story with a woman, amanda gray, who was a sales manager trying to make some money on the side through becoming internet famous. and it finally worked when she started doing choreography on tiktok. these videos were going absolutely viral and really, in the meantime, promoting the songs attached to the song -- attached to the videos. record company started to pay her. music artists started to pay

her. she was feeling really great until she learned that the rate she was getting was a fraction of what white women were being paid, in many cases just to repeat the work she had done. taylor: the frustration you highlight in your story is, this starts at the top, right? we knew eventually this would come out, how people are paid unequally. how does this stop? how does this get to the root of the problem? sarah: i think the way the industry works is the cfo's and heads of marketing at companies who are deciding who to pick for their campaigns -- the people in those rooms are majority white, and they are thinking i want somebody who looks like me. they are not thinking about these black creators, who in many cases have higher quality, more engaged followings than their white counterparts, but are paid less. when i look at these tech

companies, these are such a data-driven set of companies. they have the data of who is doing well, the specifics on who is performing. they could simply look at those metrics and figure out who they should be hiring for these campaigns. i think there is something to be said for the tech companies, that they need to look at their algorithms, the support systems, the verification systems. we need to figure out, are we disproportionately helping people who look like our management? or are we thinking about this holistically? are we thinking about helping black and people of color as well? taylor: sarah, it is interesting, in this world where we are sort of taking back our own freedom and our own independence and financial freedom. we were writing about some of these influencers who are just trying to change it themselves. what are they doing to make sure they get paid? sarah: i think they do have to

take matters into their own hands. i talked to some influencers who are completely leading this whole brand world and deciding to go it on their own with t-shirt lines, speaking engagements, other ways of making money that they can control. i also talked to influencers who are banding together in a sponsored house. with strength in numbers, they can pitch themselves as a group to a brand, which might be more appealing with their followings combined in the millions. i think there are a lot of different ways that people are trying to combat this. these companies all came out last year during the race protests saying black lives matter. they made it part of their marketing to support racial equality. it is showing up and where they put their money. taylor: it is about following through, putting money where their mouth is. sarah frier, thank you for shining a good light on this

story. up next, shedding a large portion of its first day of trading in january with a lackluster quarterly report. we speak with manny chandran next about his strategy after earnings. and later, it is all about one year on. we dive into it, next. ♪

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and there are over 20 exercises to choose from. get gym results at home. no expensive machines, no expensive memberships. go to aerotrainer.com to get yours now. taylor: this is "bloomberg technology." i am taylor riggs, in for emily chang. the tech market only reacting to the move higher in yields. everything else at a record high, but not tech. kriti gupta joins us. what is going on with some records we have seen in the tech market? kriti: it is a high beta tech play. i'm using that phrase from our producer. he loves to say "it's a high beta tech day." it is a big tech bounce after a

lot of change for tech stocks. potentially, we were looking past the valuation and bond talk and saying, what is going to happen in the very long term? there is the concept of hedge funds getting a short squeeze. a lot of dynamics. taylor: we mentioned the long term. what about the intermediate reopening frame? how are we doing as things start to be open? we have some high flyers. kriti: this was a trade that was very anticipated, since pfizer monday. you saw this year stocks take off. i want to bring up some stocks like american airlines. you can see it on your screen. taylor: up 48% year-to-date. kriti: and that is in 2.5 months. imagine what happens when the economy actually reopens. it is going to be those companies that are really going to do well in reopening environments. this is just anticipation of that. the actual fundamentals will carry it further. taylor: not to mention the stimulus checks we will get as

soon as tomorrow. this tied -- ties into another trend. they are seeing some demand based on going out clothes. kriti: they had a bit of a rough quarterly report. you are seeing a bit of pain in the stock. it all comes back to the reopening trade. you could really see posh mark hit their stride and gain even further. we heard it from management. we are hearing it from analysts. this is a company for when people are going out, going aboying the freedom we taylor: we are all awaiting that so eagerly. kriti gupta, thank you for joining us. oo what a great set up -- what a great set up it was. raymond james lowering the price target to 68 from 83. is this in february was a little more fixed, -- a little more mixed with impacts from covid-19

and power outages. stocks plunging after poshmark's quarterly report. what is ahead? what is next? we are joined by ceo many chandra. what do you think the company is missing from your report? >> we have short-term features in the business which are coming because of state differences. certain states are doing exceptionally well, and it is not 100% correlated to which states are open and which states are closed. for example, california and florida are tracking well above average growth rate, and texas and new york below. and if you look at the openings, it is different. but we expect this to converge as states come together. one of the big things i wanted to point out is that in february, which is one of the coldest months on record, our customers were searching for summer dresses and bathing suits. some address searches were up almost 200% from january, and

bathing suits 150%. taylor: maybe we are finally getting out of our jammies. that would be good news. talk about the trends you are seeing. you have such good insight into the tech consumer. besides bathing suits and summer dresses, you noted more going out clothes, right? what does that bode for demand on the horizon? manish: i think being an asset-light and adaptable market base with sellers constantly merchandising, we have almost unlimited supply chains available, because everything you want is available in someone's closet or boutique. what we see is that as the world changes, what we saw in q1 of 2020 going to q2, the world adapted very quickly. our marketplace adapted very quickly. what we are starting to see is a shift toward people going out or planning to go out, which is great news for everything, great news for recreation, great news for our mental health, and great

news for the apparel and fashion business as we go forward. taylor: do you see an increase every time people get a stimulus check? manish: we see a small bump. we do not see the increase you see in other areas. broadly speaking, the correlation is we have seen strong growth when people were sitting at home, so we are looking forward to people going out for events, weddings, dates, nights out, which we have all been missing for now a year. taylor: we have been talking so much about the demand because we are so excited to get out of our jammies and put on a bathing suit for the first time in a year, but i want to go back to the earnings report because there was something interesting about operational cost, supply chain issues, and some postal service capacity issues analysts highlighted. how are you thinking about some of the operational costs of your business? manish: we are an asset-light

business with 80% plus growth -- gross margin. that gives us a lot of flexibility. when you look at our operational costs, they are changing a little bit because of usps congestion we saw in your four. we started to work it out in january and then we got hit with the cold weather. but we expect that to stabilize. the other thing we are seeing is a little bit of an increase in cancellation rates. not dramatic for us. what is surprising is that people are waiting a couple of weeks to get their clothing in the mail because of how the logistics work. it worked out. we hired extra people to service our customers and work through the system. at this point, the logistics system is normal. we are shipping in just a few days, which is our priority shipping partnership with usps. taylor: we have to talk about

you running a public company. it has been a month or two. how is it going? manish: i feel it has been an amazing and incredible time. we are focused on our long-term growth strategies. at the same time, the level of communication we have to do -- it is a private company, but it is amazing to see the shareholder support. we have a core community of sellers, a software community. it has been a bunch of changes. but excited about this journey as a public company as well. taylor: you talk about these long-term opportunities. where does international expansion rank on your list? manish: it is right near the top. we recently launched in australia. we are three weeks into our australian -- we are in the community building phase as we start to get the community

logistics worked out. we will move in to many things we want to launch in the near-term and medium-term. taylor: i asked our last guest this question. as the ceo of a public company, you do not follow the stock movements day-to-day, but there has been concern about the share prices of recently ipo'ed companies. some of the declines we have seen for these high flyers throughout the tech markets, how were you thinking about some of the tech selloffs that we have been seeing as people reevaluate valuations? manish: i think valuations in the short term to me are based on very near term trends. when i look at the long-term trends, many of the businesses, including poshmark, are so much secular growth. we are super excited about what we are building, expanding in financially, building deeper. yesterday, we finished the

rollout of videos on the platform. we had videos in short form in stories. now we can put them directly in listings, allowing people to sell more stings -- more things and tell a deeper story. we are focused on the long-term. so i many of the other companies. over the long-term, i think there is so much growth ahead for all of us. taylor: always looking forward to the long-term. thank you for your time and for joining us. and coming up, novavax ceo discusses the latest in their vaccine development and when we could see it in the u.s. and the u.k. and the pandemic hit one new jersey hospital so hard. we look at ways they are now leading the fight against covid-19. it is our one year anniversary. this is bloomberg. ♪

pres. biden: all adult americans will be eligible to get a vaccine later than may 1. that is much earlier than expected. we are going to go from the million shots a day that i promised in december, before i was sworn in, to beating our current pace of 2 million shots a day. taylor: we are now three months into the u.s. vaccine push, and the country just hit 100 million doses as of today. daily shots are at about 2.3 million and that is expected to accelerate with the approval of a fourth vaccine. novavax ceo danette spoke about -- stanek spoke about his company's vaccine push. stan: the trial data we announced last night was confirming what we have seen in

the interim results, and expanding it to show that we prevent all severe forms, and importantly, mild, moderate, and severe, all over the spectrum. we are putting together the data from this trial into a package, and we have parallel work on the manufacturing side, what is called the cmc side. we hope to go in for filing with the u.k. equivalent of the fda and the second quarter. and then it is up to the agency to determine the timing of that. >> with the u.s. be behind that? stan: we have a trial in the u.s. going in parallel, which is going very well, actually. we have 30,000 people in the u.s., where we recruited 30,000 people in six weeks, which was record-breaking.

we are now accumulating cases so that we can determine how well the vaccine works. obviously, with the u.k. data and the south african data in hand right now, we have a lot of confidence that the u.s. trial is going to mover those levels of data. -- going to mirror those levels of data. we have to put together the same package. it is several weeks behind the u.k. and we will put that package together, the same issues on the cmc side. second quarter, expected to file it. >> one thing that stood out in your results was the lack of severe cases. it looked like 100 percent efficacy versus severe disease even among some of the variants. why? what is working so well in that? stan: we think it is the combination. all of the vaccine makers are using the same antigens it is called. it is called the spike protein, which stimulates an immune response against that. that immune response is what

blocks the ability of the virus to infect. taylor: i northern new jersey hospital was one of the hardest hit last year, referred to widely as the epicenter of the state's covid-19 outbreak. michael marron is the president and ceo of that hospital. great to see you healthy and happy. very curious how the vaccine distribution is going for you in new jersey. michael: thanks for having me, taylor. the vaccine rollout is moving along quite nicely. we were able to open up with the township, who made their community center available to us , one of the most efficient vaccine centers in the entire state, in the whole region. that, coupled with some software to facilitate the process, allows us to easily do 3000 today. in an eight hour day, we could go significantly higher, up to 5000, if we expand those to 10 or 12 hours a day.

taylor: has that distribution been as smooth as we have been led to believe it has been? stan: once we get the vaccine, it is a smooth process. the most erratic component so far has been the inconsistency in vaccine supply. that has been a little frustrating. we will only open up available scheduled appointments when we know we have the vaccine on-site, because it is very complex, prepping and administering the vaccine. week to week, the volume of vaccine we receive can fluctuate pretty large. that and some chaos into the overall ability to have a consistent schedule. taylor: are you seeing the demand start to show up for these vaccines? that was your concern, overcoming the hurdle for that initial demand. michael: the demand is far greater than the supply. when we opened our first website

-- it evolved very quickly in the weeks passed. we had 1.2 million hits to the website on sunday afternoon, when it first launched. we now have consistent activity. we changed the format a little bit. we have over 100,000 people registered in our queue. that is after having given over 60,000 doses of vaccines to people. it is robust. people are still very interested in getting the vaccine. taylor: you are a ceo of a major hospital and it is interesting to talk about what you are saying on the ground, but given it is bloomberg technology, we would be remiss not to talk about the finances as well. what were those moments like when, in the last year, there were a lot of hospitalizations for covid, a lot of elective surgeries were being delayed. how did that impact you on a financial level?

michael: it was a fiscal year unlike any in 34 years. we never had a year like we have had in 2020. if it was not for the support we got from the federal government, the cares act money that was able to come in, it would have absolutely been disastrous. we shut down, as you said, all normal business. for the longest time, we were covid-only. that hurt. and then it took a while. it still has not fully recovered , people's faith and confidence in returning to the hospital for normal, non-covid type illness. that is an ongoing concern. it was a real challenge. there is no doubt about it. taylor: we only have about a minute left. we would like your thoughts on new therapies you see coming down the pipe. you helped treat this as well. michael: at holy name, we are one of the leaders in the world in covid-related research.

money clonal -- monoclonal antibodies, regeneron is known by a lot of people, eli lilly has a monoclonal antibody. given at the right stage of the virus, those are extremely effective. we designed a system where you are diagnosed, you have a positive test, we try to enroll you immediately into an outpatient infusion center that is right near our emergency room. we get those monoclonal antibodies into people. we have seen great success with that. remdesivir and other drugs are antivirals, and now the vaccines and the new technology, using mrna to design these vaccines and roll them out, has opened a whole new frontier where that kind of technology can be used for a whole host of other therapeutic interventions and cancer and cardiology. we have really opened the door to an exciting time of rapid acceleration and development. taylor: you rightly talk about

the technology behind that. the hospital ceo -- thank you for your time on what a year it has been. we have more news coming thick and fast. it is related to new york governor andrew cuomo. both chuck schumer and gillibrand, kristen gillibrand, the senators, are calling on andrew cuomo, the governor of new york, to resign amid allegations of sexual harassment. we are going to continue to follow this story and bring you any updates. the governor saying today he refuses to resign. coming up, t-mobile is soon going to be delivering 5g access to homes. we hear about the analyst day announcements and why this is such a big push. 5g. this is bloomberg. ♪

taylor: shares of t-mobile climbed after its analyst day showcased multiple growth opportunities, showing the company can sustain its lead in that all-important 5g. earlier, the ceo said the company will deliver 5g home internet service to millions of fossils this year. take a listen. mike: our network is ready. we have been building the high-capacity 5g network we heard others promise in the future for two years now. we are going to be 200 million people covered with the ultra-capacity version of 5g this year, not two and three years from now. what that means is we are able to launch 5g home broadband service this year to millions of households. so many parts of this country are underserved by broadband it is an embarrassment. we are going to offer a viable, competitive choice, lower-priced price, great service. once we have done that for somebody with dsl or slow broadband, the next guy who shows up a year or two later had better have something better than us, not similar to us.

we will have a big time to market advantage. >> fairpoint. how many 5g such garbage do you currently have, and how do you see that growing through the end of the year? mike: we are north of 10 million right now and it is going quickly. substantially, all of our devices are compatible with our 5g portfolio. that means every time you get a device you are going to be moving to 5g, and that is going to start to pick back up. i want to talk about the reopening of this country and how it is arriving. it is arriving. we are a reopening company. one of the things you have seen is we had been muted in this market, when it comes to people switching and upgrading. why? they have not been in retail. that is going to take off again. that is a great opportunity to accelerate our advantage in 5g, where we are miles ahead of the competition, and get switching going in this industry, which has always benefited us. >> i appreciate the salesman

pitch, absolutely, but i wonder how you look at the reaction. today, you are climbing higher, but investor feedback is the stock price. why was that the reaction? mike: feedback has been fantastic. you always see rotation in stock. hard to say why. overall, we have picked up, as you noticed in the lead in. we are starting to see it settle in. we spend a lot of time with the analyst community, and got terrific feedback to not only the growth plans, and the thought behind them, but the massive cash flow and value-creating potential we shared. that is terrific to see. we will keep our heads down and exceed this plan with the eight or 10 upsides we outlined. we will let the market sort out the rest, but i am confident in its value-creating opportunity. taylor: t-mobile ceo mike sievert speaking earlier on

liver television. you have to stay with us, because next week we are going big. we are getting perspective from some of the biggest leaders in technology, in science, on what the last year has been like for them and their businesses. we have the moderna co-founder, the uber ceo, the peloton ceo, and the zoom cfo. that is going to be beginning next week at :00 p.m. eastern. before we push forward to our next show, which you cannot miss because that is coming up next, i have to give a shout out to our producer. it is her birthday. her name is jackie lopez. she is behind-the-scenes. her birthday is tomorrow. behind-the-scenes people never get enough credit. jackie lopez, who we called the j. lo of vtech, happy birthday. the j rope -- j. lo and a rod breakup, i will be eagerly discussing all weekend. stay with us. "wall street week" with david westin is coming up next.

huge stimulus, i hear. this is bloomberg. ♪

david: the check is in the mail. for schools, states, restaurants and 90% of american households. this is a special stimulus addition of bloomberg -- edition of bloomberg "wall street week." larry summers of harvard. governor led lamont -- ned lamont. >> florida and texas are the two states that had the biggest revenue shortfall. david: randi weingarten of the american federation of teachers. >> 88% of my members said that they were willing to be in school because they know how