looking ahead to tomorrow, we discuss earnings in an exclusive interview with mondalez ceo at 3:00 p.m plus the ceo of hershey. we will be all over the consumer tomorrow. >> that does it for "closing bell." >> have a good evening, everyone "fast money" begins right now. live from the nasdaq market site over looking times square this is "fast money. i'm scott wapner for melissa lee. tonight on fast, it's all about earnings two tech names on our radar this hour facebook and microsoft both on the move after reporting results. in fact we have full team coverage tonight standing by to break down the names. josh lipton in san francisco watching microsoft we kick it off with julia boorstin and a big move lower for facebook julia. >> well, scott, facebook retreating from the record high shares down over 6%.

so why is the stock declining? it's due to dramatically decelerating growth, the fourth straight quarter the company's revenue growth was less than 30%. and the earnings per share growth of 8%, better than expected is down from the 65% facebook reported in the metric a year ago the results showing pressure on operating margins. 42% operating margins in the quarter. down from 57% in the fourth quarter of 2017. now, total user numbers came in a hair ahead of expectations 2.5 billion monthly active users. but growth in the u.s. and canada slowed. adding 1 until new users in the quarter. that's the region with the highest revenue peruser. baird saying the modest size and eps beat may disappoint some investors askmd to

outperformance and another saying this is a correction the recent rally in the stock suggested the market was looking for upside and didn't get it with the call getting under way we are listening particularly for what the cfo says about expectations for 2020 performance and 2020 costs now, last quarter he said that revenue growth deceleration in 2020 would be less pronounced than it would be in the fourth quarter. so certainly a lot to listen for. scott back to you. >> unpackgoing right now thanks so, guy. >> yes, sir. >> you can take the ma haney view and say this was an expectations issue and simply say you got decelerating growth and also have a stock up 50% the last year and the results don't cut it. >> it's the latter because you don't have 27% revenue growth, below 30%. but the expenses are up. profit up only 16% but because

they are spending more tim talks about this all the time lets look at the stock put it in context. the july 2018 high, basically was 209.5. 210. that's where we are now for the first time in a while, revisiting those levels. i'm fascinated to see tomorrow if it holds and bounces or trades through we'll tell you tomorrow all you need to know for the next 10 to 15%. and frankly now it hangs in the balance. >> i do think it's a matter of the operating expenses when you think about this and a lot of focused on the earnings number, 2020 expected to be 5% eps growth. that seems dramatic. look at the google the past ten years. where revenue growth is expected to be over 20% this year that's a big number. $70 billion in sales last year we know why they're spending here. and those issues are in front of the election year, they can't get that wrong i expect 2020 eps growth to be

higher than what consensus settles out tomorrow when we get in the back half of the year if you think about it at 20 times it's reasonable given the revenue growth. >> and i'm not facebook trades at a discount not only to the -- certainly the peer group, the social media certainly within the fang. i think that revenue growth, was below street expect iks as the street was closer 27%. and if you are not growing on the top line opinion and we can talk about op exbecause that's the existential issue for the company. but management gets a discount in the valuation, still can't tell you how they are getting control of the business. that's something the market punishes them for. >> fourth straight quarter of revenue growth issues. is that the biggest take away. >> that's the biggest take away because the market environment will win investors are paying for growth. we're in a low-growth gdp environment. look at the stocks

outperforming, they're names growing fast when that decelerates and you have a relative to the market high pe ratio your stock gets crushed, down 7% it's tease taking some time for me facebook is likely dead money for another quarter until they turn over some of the investors that were in for that high growth as well as get more clarity and maybe more on the call about the expenses and how they resume growth. >> the other side of that is okay great, fine, they're a duopoly. they're in the game, two-person game and they are the best and biggest in the game. why not buy the stock. >> because the stock's underperforming the peer group and the triple qs. >> think about where we were on sentiment after the first revenue miss you talked about three or four successive quarters of revenue growth that 50% move -- and it's 30% since october. on some level it handicaps the stock here but if you owned this relative to the peer group you

underperformed the last 2.5 years. that's the reason you don't own the stock. >> to his point about the duopoly do you want to own one of the two for the next ten years or whatever? here is the point i'm playing devil's advocate they're growing users on a sequential basis they grew 9% users haven't left the platform for all the reasons people aren't happy and advertisers haven't either that's the bull case on a longer term basis when you talk about the multiple relative to the market it's fair and i think there is a lot of people willing to discount the reasons why earnings growth has decelerated so much. listen, law of large numbers when you grow sales the way the company has, 2017 they grew sales at 47% 18, 37%. last year 27%. expected to be 22% still expected at 85 billion i think there is a reason why people who want to be exposed to the massive digital advertising pie -- one of the only places to do it. where else are you going are you buying amazon for the $5

billion in advertising sales twitter for the 3 billion? >> depends on the type of investor in here the long-term investor if you own this the next ten years. it's down 7% knock yourself out. buy it but there is the period of time you have investors in that owning because it's a growth stock. they don't care about the digital ads. they say where do i get growth when the stock breaks like this it takes time. it depends on what you are if you are a trade i'd stay away and if you are of an investor and i want this space between googleoen a facebook the facebook. >> you're saying the growth is great where else can you get in growth where else can you get in growth for this valuation that's to a lot are cheap. >> fang stocks, that's the point. >> but this is cheaper than most of the fangs. >> it is the cheapest. be clear it's 20 times forward and the closest peer it has is

google and google is re-rated a couple of turns on the multiple but i still think you have a case where everything we just said -- most important thing is right now advertisers haven't left the site. roi is impressive on facebook except for the fact that the ad growth at around 25% is something going sideways here. i don't know -- i think this may be kind of the peak of some of that. >> lets look at the other big tech mover after the bell. trading at all-time highs after the earnings beat. to josh lipton in san francisco to tell us about the results. >> scott, that stock already of course heading in the print had a monster run up more than 60% over the past 12 months and heading higher in the after hours. not just beating the bottom and top. productivity and business processes 8.11 petitions that's a beat intelligented cloud, a bet personal computing, 13.2 billion, better than expected i checked in with michael

tourettes covering the name. his point is both cloud and traditional on premises businesses going strong. commercial cloud grew 39%. azure surging 62%. office 365 surging and stronger than expected it's the on premise side windows oem grew 18% that's what device makers pay microsoft to license the operating system on premise server grew still strong and importantly remember we don't have guidance. that's on the call at 5:30 eastern. scott, back to you. >> josh appreciate that. lets distill it down here timmy. big beat, nice beat. stock has done great. >> stock has done fantastic. and i think people still don't know the multiple on the stock we know a year ago clear i we were wrong i was wrong on a multiple that had it closer to the historic numbers in terms of the ability

to take market share in cloud. no question. where the margins are in enterprise cloud is a question at some point. the move you had in the stock as much to do with the liquidity move overall in the markets. look at nasdaq and microsoft 23% of the nasdaq 100 and beneficiary of blind flows don't tell the market performance tell you they deserve a higher multiple and at some point it matters. >> the reaction is like apple in some respects. the stock ran so much into the number you have to temper expectations into how much more of a pop you can get. >> i would say great. >> up less than 3% >>way do the kids say in don't at me. don't at me. i think this quarter is better than apple yes apple was great. i get it but we talked a lot about apple. this microsoft now 35% operating margins. azure growth is still ridiculous

and if they keep beating eps by the marjs that they consistently do the fact that it's higher now, you can make an argument that it was maybe less expensive than a couple days ago. >> okay, boomer. >> see you do that. >> walked right into it. >> he did. >> tim made a good point about liquidity and blind flows. this stock spent spernt the late fall consolidates between 130 and 140. a lot of people were wringing hands about trading 26 times historically that's a high multiple to guy's point as soon as we saw, whatever you think happened in the last quarter of the year with the fed balance sheet that sort of thing. the biggest stocks on the planet went par bol ib microsoft, apple. wasn't so much amazon but a lot of the other megacap tech names and this stock participated. those numbers were great but trading 31 times this year you have to go back two decades to get microsoft above that.

valuation doesn't matter right now. it will during a correction. and people will point to the valuable companies trading at the most stretched multiples >> that's a good point that valuation doesn't matter today which is people are paying up for growth here. they don't really necessarily care about the valuation so when something bad happens you get steroid because you have weak hands in there. i look at microsoft and say if i'm long it i hold op, up 3.5% after the massive run, the trade ner bk can't wait buy that he has to wait for pullback. >> one of the biggest issues i'm talking about, if you are not in the names you get smack in the face about how have how far the market has come appear how far you think these stocks can continue to appreciate from here if someone is looking at microsoft right now what do they do if they don't own it? do you say you can't buy it? and this is evidence of why, because the stock has come too far appear how much left is in the near-term. >> passive investors are buying

it that's going on. this is an uplift by passive investors. the move in apple since that move off of the june lows where we know it was up 90%. it's 33% of the performance of nasdaq 100 microsoft is about 13% you take the two stocks out, i mean, that's -- i gave you the percentages too. i think that has a lot to do with it. but microsoft is a company that gives long-term investors a lot of confidence. they have an annuity we are no longer questioning the services business the continuing annuity there we are saying the valuation is high but these are guys that moved to a new part of the enterprise that frankly they are dominating >> can i answer the question the truth is after an event like this that the stock ran into, the market ran into. this is taupts you had an opportunity to buy the stock and momentum, same thing, for apple, it based at 240 to 250 same thing for facebook. there was a basing period. i don't think you buy things on

run away breakouts when valuations are stretched marketwide these are the market leaders and we are extended. on valuation and price that's my answer to you. >> may i quickly say something may i? i wait conway you said implies at any time answer i thought tim answered the question extraordinarily elegantly. >> that's nice. >> i can tell dan i think i answered eloquently as well. >> stop talking. >> time. >> okay. all right. by the way, can you guess right now what tesla is trading at looking on the screen. i know we're talking about it. give me a number what's tesla at what's it at right now without looking. >> 601. >> no 650. are you kidding me. >> i don't have a lot of time. >> we are talking about. we have a ton else coming up all the wig names including the one i mentioned, after the big beat ridiculous back after these after this rmal poll.

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well we were telling you just before the break -- welcome back to "fast money" by the way. check out the hunl move in tesla. the stock up nearly 12% after the big beat there it is right now.

11%. you are pushing $650 in the after market lets get to phil lebeau with the details. why is it up so sharply. >> great q4 numbers and better guidance if you are a tesla bull there was little to be disappointed in this report from tesla lets talk about the numbers for the fourth quarter beat on top and bottom line buy a wide margin earning 2314 a share. revenue coming in better than expected at $7.3 billion not bad. but the reason, scott, i think this is taking off, the guidance in terms of deliveries for 2020. now just for a point of reference they delivered just over 360,000 last year most on the street were in somewhere between the 46 a appear 475,000 as an expectation for 2020 tesla says it will comfortably exceed 500,000 vehicles being delivered this year. a couple other notes from the company's guidance when it comes

to 2020 and beyond, model y production ramp has gun in fremont, california. model y production beginning in shang nigh 2021. it's planning limited sales of the tesla semi this year so we will see it out on the road and then you have tesla solar and storage deployments growing 15%. curious was elon musk sounds like on the call there have been times we seen them post better than expected earnings and he has been subdued. is that the case today always the call is perhaps the most interesting part of the tesla earnings days. >> probably doing a double take like everybody else. we'll get back to you as needed, all right, tim. >> the profitability is impressive and the guide -- the more important. >> the deliveries, comfortable. >> when you look at the margin. >> comfortably exceed 500,000. phil hit it on the nail on the

hetd. >> 364 when they guided to 367 that doesn't give me a sense they wildly beat but good for them. the 50 oh thousand on the guide is something i don't think you get excited abouts a a tesla bull you get excited about the profitability and 6.3 billion on the balance sheet. do a raise at the valuation so you never worry about capital then because as far as i'm concerned with all the growth they're talking about they are burning some cash. why wouldn't you get out there and raise money here. >> this move in the stock is not getting overly excited just about a 500,000 number it's about earnings, cash flow, growth marlanaen, the guide, the whole kit and ka boodle. >> not a year ago we were concerned they couldn't raise money and go out of business now they have billions on the balance sheet. tim brings a point if there is a restrictive elon musk says raise money out here do a secondary

that's the risk on the bearish side but i'm not standing in front of it by any means. >> i've been long on this for hundreds of points i don't have a position in it. this is a mania. important to remember that i have seen few like this in my nearly 25 years in the business. make no mistake, they have gained the market capitalization of gm, a company with 140 billion in sales in a matter of months here. it's a mania high short interest we were talking about. most of wall street analysts are off sides. only nine buy rate ratings 11 holds and 17 sells or sfwloog you can understand that too, right. to many people they view it the same way you are buying a dream. >> i think it's fair to say last june when this stock, they reported the the q2 or something like that there was serious capital concerns they were missing the productivity levels. building the mass market car intense. intense. there was questions about why they brought in solar city the

prior year it sounded like a disaster. >> he was beingeth investigated by the s.e.c. >> the short interest in this name and the mania whatever you want to call it around means people are scrambling. and look, the -- the thing i wonder about is 7.38 billion when they were 7.32 billion last year, record sales this year the year over year revenue number isn't that impressive and it's confusing to be clear, the most important thing to me is someone -- someone very bearishen oh the stock someone thinking they had bankruptcy issues to address and cutting back cap x and every place they could is there is carbon the balance sheet they have the ability to double that if they went out and put people on the sideline who were concerned about burning cash. >> let me see say. in your defense you're not the only one who thought that or continues to think that. >> yeah. >> it's the truth. there are still a lot of haters

on this name who think that fundamentally the company is never going to deliver on what the dreamers believe that it's going to. >> that's fuel for the fire. >> but the dreamers, their dream is -- you see thelast couple quarters i'm not pretending because i've been with everybody else maybe the chance getting 250, 275 now to your point, here we are at 650 clearly wrong. the bulls will say bush -- dsh the bull dreams are becoming reality right in front of our face so it's hard for me -- look, i get it i get both sides of the argument but when i say price is truth. we can talk negative all we want here it is at 650 when a handful of months ago. -- but if there were ever a time to shore up the balance sheet a secondary makes a lot of sense. >> even more earnings on deck, las vegas sands, paypal also out with the latest numbers we break down the results as well and counting down to amazon.

it's out after the bell tomorrow we find out how the options market sizes that up it's the next big tech report. watching it. 18.58. up almost $5 the stock hitting the highest level on the mystery chart, highest level since 2018 bring you that when "fast money" comes right back

welcome back to a busy evening on "fast money." the earnings keep rolling in two more big names on the move now in after hours there is paypal, down about 4% las vegas sands down slightly. kate rooney standing by on paypal and contessa hq.

>> las vegas sands reports fourth quarter earnings beating expectations at the top of the call chairman sheldon allison called the coronavirus sowers its premier property is in singapore. that has at least seven confirmed cases. so does macau. and employees there wear masks as mandated by the government. the the coo says the masks are in short supply. visitation plummeted some 80% to macau. but casino operations up and running with tens of thousands employed any say it's expensive to operate under the conditions. he says they are trying to mitigate some of this paid time off and the like but, quote, it would be silly if neck reduce costs enough not offset what's happening in macau. he says macau will be busy once the storm passes

two other items of note. sheldon allison praised the phase 1 trade deal good for global economy and sands. remember he was in the room when trump signed that trade deal with the chinese team. he says treasury secretary steven mnuchin told him they are moving faster on phase 2 than people think also sands aggressively moving a position both singapore and macau as top level convention destinations, group business is driving the bottom line in las vegas. they are getting about half of their revenues there, almost that much. they want to see some much that now go to macau in singapore. >> all right, contessa thank you for that. >> yes. >> that's contessa brewer. who wants a piece of this. >> real quick the july high if you go back was $65 that's where the stock failed and troughed traded back up to the past sort ever resistance becomes support. we find ourselves now. pennsylvania $75 stock a week or so ago

if you take this quarter in a vacuum it was a solid quarter. you can say valuation was stretched. i got to tell you the coronavirus thing is it extraordinarily scary. i understand if you want to avoid you will all these on the back of it. >> why wouldn't you, let me ask. >> you know, that's -- you have every right not to do anything in the casinos >> don't they get a huge percentage of revenues from macau more than the others. >> a lot of people think this is over in a couple of weeks. >> weeks >> i'm just playing devil's advocate here. a lot of people think this is over in a while and you already priced a lot of the downward moves into stocks. you have seen the same with wynn my only point, $65 is an extraordinarily compelling left level in erms it of it risk reward on the upside. >> i don't think anybody has any idea how long the coronavirus issue is going to last weeks, months. >> no. but unlike the financial crisis when casinos were destroyed and destroyed because it was a credit event, this is not a credit event.

>> this is a no people going event. >> i get it, scott but it's different than a consumer who has to repair the balance sheet. people are in a state of shock and fear and there is a reason they are not going. that's not a surprise. there is nothing we heard. the headlines can get a lot a lot worse. i think this is a temporary shock. i agree with guy but this is different than repairing confidence in something that's an externality than repairing the balance sheet to get them back to the casinos. casino stocks were the best to own, annualized from the lows to where they are today they recovered once the consumer is recovered. and they are consumer is not dead. >> moving to paypal now stocks dropping after reporting results. kate rooney in san francisco with more. hi, kate >> hey, scott, paypal a little short of expectations and first quarter guidance and total payment volume the stock came back but we saw what analysts call a knee jerk

reaction a 6% drop after the report wall street is focused on total payment volume that's a slight miss and pay balance they say set the bar high on payment growth sounds pretty good for the quarter but not where it's been in previous acquire. and they raised full-year guidance due to the acquisition of fintech company honey the ceo on the call just now saying the deal makes paypal more relevant and drive engagement we got a rare update on venmo with 52 million users using the peer to peer payment platform. up from 40 million last year no update on profitability on venmo. the app has yet to break even. and the chines company go pay, they call a landmark deal to let them operate in china and expands paypal's addressable market. >> thank you, kate for that. lets trade this name

so many people love the name. >> i think people like the venmo update because they said the payment volume is 29 billion and on a 450 million run rate, sounds like a really kind of fast growing business. although it's not particularly profitable at the moment knelled have probably said that. i don't -- i didn't like the honey acquisition. i didn't like them pay something 4 billion for that to increase engagement old school, go back a couple of decades. i think my friend dan benton used to say when growth companies guide down you don't want to own them anymore this was et to make a new high from 2019. and they guide down i think it's in the penalty box. >> he is breaking out the sayings. >> the old time saying. >> getting real. >> the problem i have with paypal is that the game they are playing it's a network effect. i got a bunch of people using my platform and then i'm able to chargepeople them. but they're not and i don't

think they will be because transactions what they can charge are going to zero too much competition that's great they have people on the platform but they are never making money off them. to dan's point now they are spending money to acquire customers. i don't think the business plan works. >> i want to hear about the pricing metric and the kwon versions and the the kpeftive landscape. if carter was hear i'd be curious to hear about the chart. if you want to call it a double top at 120 or look at the areas where the volume broke down, this is not necessarily a chart you love in addition to the other dynamics >> i don't know, dan benton, from barbie benten >> barbie benton. >> you like that poll. >> a great poll. >> i'll say strong pole. >> and leave it at that. >> move on. >> but when you have the forward earnings and guide down be concerned on the downside. >> benton was. >> i'm concerned on the downside. >> benton was a legendary tech

analyst at goldman sachs and ten rules about trading tech stocks. >> don't read them all. >> when growth stores guide down after a growth period you sell them. >> for more upon the earnings head over to cnbc.com. here is what else we have come up op the big show tonight it's time to reveal our mystery stock. it's at its highestest level in more than a year we tell you what's behind the rally. and later early factual basis investor roger mcnamee has thoughts and facebook but did the latest report changeis h mind we have that and a ole lot more when "fast money" returns.

back on "fast money" it's time to reveal the mystery chart. the one-time market dud powering to a 16-month high it's general electric. there it is. stock jumping better than 10% after reporting the most profitable quarter in two years. closely watched free cash flow topping estimates. so this the beginning of a bigger breakout for ge guy. >> kudos to steve grasso in 2020 tim seymour if you recall the

stock drafts in cnbc number one pick in the draft. a lot of people skofd. i was one of them. i'll still sort of skof. they turned the ship around better to get it now when they change than six months from now than six months from now and they are 18. >> but look at the full year change look at the full-year guidance wasn't great i think they have issues in power. i'd be inclined to take profits. i've been wrong though saying that. >> people like steven toou at jp morgan he has been wrong the last -- the move >> yeah. >> but he don't think this is a turning point. >> i don't know, the numbers are what they are. they came out with -- things are changing this to me is the belief and proof phase of this turn around. so i think this actually does have room to run if you look at it -- i'm not sure i boo i it up 10% i let it settle down a couple days then you buy this on a dip

if you think this turn around continues i do. >> you just said the results -- he is laughing at mo. >> i'm not laughing don't put laughter in my mouth. >> you said the results are evidence of a turn around but don't buy the stock. >> no, no i don't know if you need to buy it on a day it's up 10%. wait a couple days see if if pulse back and buy it's trading. >> also the level you buy it at you call me. >> can i -- i mean, the camera is on me right now i think it's time for me to talk. >> in your mind it always is. >> achgs was up 23% but power was only down 28%. pur has been the albatross issue i think for ge in the short run but the fact that total industrial profits came into $200 million more than expected, the aviation business is a blue

chip aviation business and there is good business at ge. >> are we good. >> good, right. >> yeah. >> are you good. >> i'm waiting for the pullback. >> the hot seat. >> you know, is that a song by -- >> it's the only journey song listenable at and don't at me on that. >> not at you i'm going to pop. >> you coming up, shares of facebook plunging on growth concerns the company's conference call under way. om get reaction to the quarter fr early facebook investor roger mcnamee. he is here stick around back in 2.

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with infrastructure built for the future, the companies of tomorrow can thrive here today. see your future at esd.ny.gov. welcome back to "fast money. there is shares of facebook dromg sharply after hours. the stock weighed down by growth concerns the cfo just addressed it on the call listen. >> we expect our year over year total revenue growth rate in q1 to decelerate by low single digit percentage point as compared to q4 growth rate factors driving in deceleration include the maturity of business and global impact of privacy

regulation and while which experienced some headwinds from the impact today but the majority of it lies in front of us. >> well lets get reaction from one of facebook's first investors, roger mcnamee cofounder of elevation person. >> back with the team here. >> just from hearing what they said on the call, that can't make you that optimistic about this thing turning around. >> if you look at it as an investor which is one of the hats i wear, i'm not a trader. unlike you guys my time horizon is longer. this is an inexpensive stock for what you get but i believe they face structural problems they can't fix not just in the u.s. in europe, asia, the pressure to regulate is really intense because tech, i think, is where chemicals were in 1960 when people raemzed pouring mercury in fresh water was not a good idea the pharmaceutical industry in

1,900 when the fake patent medicines were killing people. at some point the regulations are so strategic you have to protect them to protect people in had the country that's where it's added a today. >> can you view it independently. you can say regulation is coming but stock is cheap. >> no that -- if you are an investor you have to look at what does regulation look-- look like. excuse me. in the united states it matters a lot what happens in the election in november outside the u.s., this is going to happen anyway and it's a global business and they try to auto mate everything who ever has the toughest regulation is driving the behavior globally. that's europe for the next few years. you also have to watch out for state regulation, likely to be state attorneys general are going after facebook offer privacy issues probably eventually over anti-trust issues as well. and they've got a really good case these guys had a free market

ride for a long time and run over every competitor. and it's a very easy case for these guys to make. >> it's inevitable there is going to be misinformation on facebook in the eek cycle, right they can't stop it. >> actually they could stop it. >> how. >> the problem is the business model. there is nothing wrong with the technology but the business model is based on your attention. in order to get it they use algorithm i can acceleration for the majority that provokes outrage or fear which is is hate speech disinformation and conspiracy theories. and algorithms spread that stuch. it's crazy and none of it is necessary for facebook to viable but it's given a $trillion.

>> that's why investors have to be careful when you say it's cheap -- if the decision is made we're not having disinformation and political campaigns. they're going to have to do some very drastic things to the model. >> lets talk about the business model. in terms of expenses compared to revenue, what percentage of revenues now is fighting the battle you talk about. >> it depends how you go about it right now they've been trying to do it with combination of artificial intelligence and human beings but that's not working it happens after the stuff goes out. you would have to review everything before it went live on the network which they are never doing you are seeing regulation aiming increasingly toward changing the business model at its core. >> so roger one of the bull cases for facebook is they were creating a superapp. combine all the apps and something like we see overseas is that on the table. >> i don't know.

that's great question. clearly they are still trying to do it. if you are an investor and a betting person you are looking at this and assuming they are attempting to do their plan err expectative of the pushback from politicians. the test is whether political systems anywhere in the world have enough leverage to cause change to happen right now, they're basically being dibld to death by ducks. and the question is does anybody bring a hammer to a duck party. >> one question on microsoft and facebook. >> are you surprised how microsoft transformed itself from what seemed like an old tech has been if you will to this new tech cloud player and the job that satya nadella has done given your presence. >> they have done two things that impressed me. first they were a late sbrant into surveillance capitalism, followed the google playbook to the t. they are doing a lot of the is a same thing google does with the

same problems. they have had problems in the artificial intelligence. they have had issues relative to data usage but brilliant public relations and really understand the importance of staying on the good side of governments i think microsoft is a stock looks really good compared to the other guys because, you know, it's like the two guys in the woods when the bear shows up. you don't have to outrun the bear just the other guy. they are so far ahead of google and facebook and even amazon that i think microsoft is great shape here. >> are you an owner of shares. >> i'm not regretfully. >> thanks for being here. >> fun to be with you guys thanks for letting me go long-term on you i know that's not the culture. >> that's roger we mike smart cultures >> what's the name of your buick. >> it's called zuk waking up to the facebook catastrophe. i hope people check it out this is the issue of the time.

we can't solve gun violence or anything else if we can't solve the algorithm being amplefy indication. >> just trading at 225 i say this level is an important level. if you are in b.k.'s camp and roger's camp as well, the 50% retracement is 175 on this tape given what everybody said that's not an unreasonable level to buy. >> coming up, should you add amazon to the cart ahead of earnings options traders betting on it. plus look at the cramer cam. a big night of course talking about the earnings jim is also sitting down with the ceo of penn national and bar stool sports a big deal announced that sent penn soaring full interviews coming up the top of the hour on "mad money. in the meantime live at the

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year but in the options market traders betting bid that amazon coulding looking at a brighter year this year more with mike cho in san francisco on amzn. >> big is relative this is options stock so the options are expensive but a less expensive way to make the bullish puts but the calls outpaced puts by a move of 3 process.8% larger opinion the 8 quarter large and one of the areas we saw the activity was weekly strike 19 calls. those are bullish bets that it rises above the 19.409 strike price. that would represent an increase of 4.5% by friday. when these options expire. i would oint out going back a decade or so this trade would have been profitable a third of

the time but looking at a recent window we haven't seen the bullish moves. we'll see tomorrow whether it pace off >> i'm going excited to see the numbers. mike, thank you. lets kick it around. this is a highly anticipated report. >> it will be. and agains in the number three weighted stock in the nasdaq 100. between the three and the facebook google. i think to look at the market over 3. % implied move. thinks about amazon three or four years you were expecting the complied close to 10% on amazon because of the swing the question is the company is becoming a consistent player or telling you matured and high growth is out. that's the debate >> quickly it's the most important quarter for the stock you have speen in a long time. the major double tops at the all-time high, july of 2018, july of basically 2019 coming in around 2015 or so.

it hasn't nos the recovered as much as the broader market concerns me at these levels. >> be sure to tune in the full fda "options action" 5:30 p.m. onriy eastern time we'll take a quick break with final trades turn on my tv and boom, it's got all my favorite shows right there. i wish my trading platform worked like that. well have you tried thinkorswim? this is totally customizable, so you focus only on what you want. okay, it's got screeners and watchlists. and you can even see how your predictions might affect the value of the stocks you're interested in. now this is what i'm talking about. yeah, it'll free up more time for your... uh, true crime shows? british baking competitions. hm. didn't peg you for a crumpet guy. focus on what matters to you with thinkorswim. ♪ - when i see obstacles, i create opportunities. (soft music) - when i see adversity, i find a way. - when i hear never, i say now.

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another check of tesla after the blahout earnings report. there you go stock at $647. north of 650 not all that long ago. it's going to be one to watch for sure tomorrow as it follows up it's big beat lets do final trades kick it off around the horn timmy up first. >> little more conservative, going with macau same store sales very impressive i like micky d. >> i go more macrolook at off the recent highs that's a great play this year slv. >> danny boy. >> that paypal is 8% in the print on the year town a few bucks here i don't think you by in dip. you want to see higher. >> did you enjoy yourself. >> wasn't it obvious. >> to me it was.

but i want you to be happy. >> it was obvious to you do you think it was obvious to everybody else. >> excellent point by you. what was obvious the excellent quarter by the nasdaq scott. >> ooh that does it for us thanks for watching "fast money. "mad money" with my mission is e you money. i'm here to level the playing field for all investors. there is always a bull market somewhere and i promise to help you find it. "mad money" starts now hey, i'm cramer. welcome to "mad money" and welcome to cramerica i'm not trying to make friends, i want to just make you money. my job is not just to entertain but to educate and teach so call me at 800-743-cnbc or tweet me @jim cramer you know what this market loves?