forward. liz: he looks like a young pup. he and i go way back. david spika, what, 20 years or something? >> absolutely. [closing bell rings] liz: thank you so much. the markets may be closed tomorrow. that doesn't stop fox business. "countdown" will be here live. we'll see you tomorrow. melissa: washington in a frenzy. any minute president society h set to leave the white house for mar-a-lago. following the release of the mueller report. i'm kristina partsinevelos in for melissa francis. ashley: guess what, i'm ashley webster in for connell mcshane this is "after the bell." now the dow closing at a 2019 high. ending up as you can see up 111 points. s&p 500 also in the green. tech-heavy nasdaq, fighting for gains apt the very close. the markets by the way we should note are closed tomorrow for good friday. the dow extending gain for the

third week in four. volume has been low. nevertheless gains. nasdaq up a fourth week in a row. s&p 500 is coming up just shy of gains. looks like it will snap a three-week winning streak. the melt-up continues. we have fox business team coverage, i mean team. gerri willis on the floor of the new york stock exchange. edward lawrence is in d.c. blake burman at the white house. susan li at the nasdaq. let's begin it all with edward in d.c. which has been quite a day to say the least, edward? reporter: a little light reading here in d.c., ashley. democrats zeroed in on the obstruction of justice issue. the report outlines 11 episodes could be viewed as obstruction of justice. of those 1110 are viewed at the president. firing of james comey is one of the incidents the special counsel examined the report says quote, firing comey would qualify as obstructive act if it

had the probable effect interfering with or impeding the investigation. it did not. the investigation continued. attorney general william barr says he took into the account of cooperation the trump administration gave to the special counsel as well as the fact that the president did not exert executive privilege over information in the report. >> the deputy attorney general and i concluded that the evidence developed by the special counsel is not sufficient to establish that the president committed an obstruction of justice offense. reporter: the attorney general says that he focused in on the intent and he did not see the intent to end the russia probe before its conclusion. democrats latching on to a sentence in the report that says quote, accordingly, while this report does not conclude the president committed a crime, it also does not exonerate him. ashley? ashley: edward in d.c. thank you very much. kristina: blake burman at white house with the latest reaction. break it down for us.

reporter: the president's legal team called the mueller report a total victory. we heard from vice president mike pence in a statement we heard from president trump for months on end. no collusion, no obstruction. that is how the white house is viewing this one. we just heard a little bit from the president earlier today. he is just about set to leave the white house here to head down to mar-a-lago. we hope to hear more from him shortly but in the east room earlier today, president trump continued to repeat claims of no obstruction, no collusion. watch. >> i'm having a good day too, it was called, no collusion, no obstruction. [cheers and applause] this should never happen to another president again. this hoax, it should never happen to another president again. reporter: now the mueller report goes on to detail how on june 17th, 2017, the president called white house

counsel don mcgahn and directed him to call rod rosenstein say special counsel robert mueller had conflicts of interest and must be removed mcgahn did not carry that out. he would rather resign. when the instructions were reported in the media in 2018, the president wanted mcgahn to lie about it. white house focusing on instances of the president trying to stop special counsel is cherry-picking. >> if you look at the entire report, the president had the complete right to fire mueller. if he wanted to get rid of mueller he could just fire him. he doesn't need to do anything. tire him the way he fired comey. had constitutional right to do that. there is no evidence that he fired jim moment my to try to i am pea the investigation. reporter: here at the white house across the way in virginia they are, those who are associated with the president, the president' re-election team i'm referring to, today is another data point of the need to investigate the investigators.

ashley, kristina. back to you. kristina: thank you, blake burman. ashley: talk about the markets, let's bring in today's market panel, lindsey bell, cfra analyst and jonas mack pharis. let's begin with you, lindsey. the market surging after awful end to 2018 we've seen this nice kind of melt-up defying what was predicted at the end of last year. the volume is very low. i mentioned this earlier. should that mean anything there is no conviction into this or is that okay that the volume is a little low? >> especially a holiday shortened week you will see lighter volumes a day like today when you check out for the week. i think the market has been on a tear. it was critical that the fed pivoted earlier this year to become more dovish. really signaled they have no plans to increase interest rates. that obviously is a good thing

for the market t sent the market higher. we're in important season earnings season. the earnings expectations were cutaway too low. the numbers are coming in much better than expected and at the end of the day i think you will see positive growth out of the s&p 500 on an earnings basis at the end of the season. ashley: jonas, lindsey makes a good point, when you set the limbo bar to the ground you can walk over. everyone wanted to look at the guidance. already i see the returns for q2 earnings are starting to move upward a little bit. are things better than we thought they were going to be? >> again last year it looked like we were going to have a global recession caused by raising interest rates and now that it doesn't look like we'll have a recession soon because interest rates are lower we're back to where we were before that started. we're not a lot higher in many cases. in fact there has been a lot of rotation to different areas leading the market but it is because that fear is gone.

doesn't mean expectations are double-digit earnings growth across the board that we should get much higher new highs. i don't think we'll get that leg without real optimism returning not separate from this whole sideshow going on in tech unicorns. the broad global economy where most earnings come from most s&p 500 companies. that is nice trajectory that will not drive a huge gains in stocks without valuation expansion. ashley: good point, jonas, thank you. kristina: we'll come back to the panel. on line image board pinterest and image conferencing company zoom surged on their first day of trading. go to gerri willis on the first day of trading. reporter: pinterest closing up 28%. amazing display today. this company doing very well on the top line. they have 60% year to year growth on the top line but no earnings, no eps. however their profit is loss is

narrowing, they can say that big response from traders down here, eager to be what is it a social media company. you should know pinterest doesn't call themselves that. they don't call themselves social media. revenues growing at 60%, priced at 19 last night. they finish at 24.40. i interviewed stacy cunningham president of the new york stock exchange about the market firing on all cylinders. in fact renaissance says 80 companies are coming public raising 27 billion after this week. imagine that. here's what the president of the nyse had to say. >> investor demand has remained strong as additional ipos come to market over the past few weeks. we were certainly seeing a slowdown in the beginning of first quarter with the government shut down and others. we have little momentum. companies are coming investors seem to be ready and waiting. reporter: ready and waiting. before i go there were two ipos here over my sold the

market-maker handled the pinterest ipo had another one. that is how big the ipo market is right now. back to you guys. kristina: expected to be bigger in may. thank you, gerry. ashley: details on the zoom ipo. susan li following action at the nasdaq. susan, quite a debut. reporter: quite a debut. fourth largest ipo of the year and second best performance of day one in trade. take a look at zoom over my shoulder gaining some 72%. at its peak when it was up over 80% on day one. its valuation made it a bigger company than lyft. which is important because lyft disappointed market, down 22% since its eye poe after it bummed up on day one. there is big test for tech unicorns like zoom today, whether or not they're is still investor appetite out there especially after day one. that is something to be seen. we know like soon unlike other unany corns that have listed is

different it is actually making money. yes, it was profitable last year, just around $7 million. and also the founder of this company is now a newly minted billionaire. very interesting, american success store. this is immigrant from china whose visa was denied eight times before he made it here to the u.s. as an immigrant led billionaire, an immigrant minted billionaire joins the likes of tesla's elon musk and sergey brin of google. that is a great company to be in. zoom is telling us there is lot of investor appetite for the tech unicorns we are above the offer price twice and seeing a huge pop on day one. ashley: that is what america is all about. susan, thank you very much. great stuff. kristina: we'll bring back the panel. jonas, go back to what gerry said, about the s-1 for pinterest empowering their users the fact they're not a social media company but aren't they all just media companies and how is pinterest any different?

>> not being cool to be a social media company when facebook started ruining that concept with the privacy violations but you can say it's a similar business model. everyone posts pictures for people to share with their friends. it is purely advertising revenue-based model. it is basically a u.s. advertising based model. s-1 they make $3 a user but make nothing essentially from for inusers. the problem with a money-losing business so tied to advertising. this growth that is there on the top line which exists investors requires so much more money to be spent in marketing, advertising itself to keep the growth engine going. investors are financing these losses you wonder where all the money they're spending to market to grow is boeing. going to other companies like facebook, instagram. it is all the same dollars schorsching around in marketing -- sloshing around in marketing advertising budgets and now ipo investors. this company raised over 1 1/2 billion in venture capital all

years losing money. you can talk about the story of foreign growth make money from those users i think this whole ad revenue model is sensitive to the next downturn in the economy and next downturn in venture capital investing because that's where a lot of it is coming from. kristina: lindsey i want to bring back to zoom, competition in the space saturated with microsoft, skype, how will zoom stand a chance against the big guys in the future? >> they're growing very significantly right now and the reason this ipo is doing so well today, better than pinterest much better than lyft, we'll see how it plays out next couple days this company is actually profitable. so they're growing their top line. they're growing their bottom line. this is something investors are excited about. these sales growth numbers are best in breed. i think that is something that is benefiting this stock going forward. kristina: optimistic. i like it. jonas you want to say something really quickly?

>> they went profitable days ago. the numbers are better than all the other unicorns but that is not saying much. this is not like microsoft office they can charge subscription fees because there is no competition forever. this is generic concept. they done it very well, very good execution. not a lot of people out there charging but some day this could be free service backed by advertising. i don't see how long term it will maybe a lot of money. this might be good time to exit plan even though yeah the financials look better on paper than other money-losers. it is high marketing to drive the top-line sales and questionable long term sustainability of the monthly subscription fee. kristina: we'll leave it there. two sides of the coin. ash. ashley: they are profitable. let's get back to the politics we'll have more on the release of the mueller report. latest reaction from lawmakers on both sides of the aisle. kristina: hidden problems for samsung, new pricey phones costing $2,000, breaking days

after given to reviewers. how will the company handle this mess? ashley: that's not good. talking about not good, severe storms moving towards the east coast. southern states remain under tornado warnings. what you need to know before traveling on the easter holiday. that is all coming up. fisher investments tailors portfolios to your goals and needs. some only call when they have something to sell. fisher calls regularly so you stay informed. and while some advisors are happy to earn commissions whether you do well or not. fisher investments fees are structured so we do better when you do better. maybe that's why most of our clients come from other money managers. fisher investments. clearly better money management.

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kristina: we have breaking news. president trump departing the white house moments ago following release of the redacted mueller report and he did not take any questions. hillary vaughn is live on capitol hill right now. break it down, what are lawmakers saying how are they reacting to the release of. reporter: port it arrived by compact disk with no fuss or fanfare. that does not mean the investigation is over for some democrats in congress. senate intelligence committee vice-chair, mark warner, his committee will move forward with their own investigation. he is waiting to see the uncensored version of the report. house judiciary committee chairman jerly nadler saying moments ago he says the mueller report was written and structured so congress can follow it in a road map for their own investigation. that is what they plan to do. >> the responsibility now falls to congress to hold the president accountable for his

actions. congress must get the full, unredacted report along with the underlying evidence uncovered by special counsel mueller. congress requires this material. reporter: senate minority leader chuck schumer and house speaker nancy pelosi turning attention away from mueller, on to attorney general barr saying his press conference today was misleading compared to what they have actually seen written in the report. but some republicans say democrats are just desperate and trying to distract by mis, trying to make up conspiracies and throw them against the wall and see what sticks. senate majority leader mitch mcconnell saying the democrats playbook now is to really bash bill barr. >> the thought bill barr at age 69, second tour as attorney general would do anything to tarnish his own image and reputation is completely

ridiculous. reporter: house intelligence and house judiciary committees requested special counsel robert mueller to appear in front of their committees in person so they can get a person-to-person debrief. kristina: a lot to break down. that was great, hillary. thanks. ashley: james trusty, former department of justice prosecutor very well-versed to answer some questions about the report, james, president claiming victory. good day for him. has he been vindicated? >> partially. that is the maddening part of this process. if you're on the president's side of this issue you will say this is a great day but there is dangling enough on obstruction for people to make hay as democrats are. ashley: if it was going anywhere, surely the result of the investigation would be an indictment with regard to obstruction. they couldn't find it. no action was taken. >> they could have written a report, look at all these facts some public, some private, we think they add up to obstruction

but we're not ones to indict. they could have teed up made it absolute blueprint for impeachment or obstruction. they said there are torn any issues about criminal intent. ashley: thorny issues. can congress act on any of this? they will see the report look at it, can congress take action legally? >> there is a divide between the political and legal. legally there is no bar at all using this information, doubling it up, bringing in people to testify, trying to mount an impeachment offensive. practically, obviously there is political cost that could be associated with that and a lot of people were once big fans and drawing red lines around rod rosenstein and bob mueller and attorney general barr are now suddenly finding negative nair just things about them -- nefarious things about them. ashley: i haven't red all 44pages however there is sense president was angry at types. trying to get people on his team to do things they said you can't do that. he was acting on emotion.

they didn't carry through. you could say he was trying to obstruct something but it would never carry through. that is not obstruction. >> i read it twice now. no, i'm just kidding. i haven't read the whole thing but there are couple things that stand out. one the president was reacting emotionally with a lot of vigor when they were bad news days and accusations but a lot of it is public. to prove criminal intent beyond a reasonable doubt when he is yelling into the twitterverse is pretty implausible, pretty unlikely. he would tell the fact underlings, go do this, go do that, calm down boss, put it off for a few minutes. they wouldn't do it. this is difficult academic almost threadbare obstruction case if you're trying to put it to a jury prove it beyond a reasonable doubt. ashley: we'll have bill barr, the attorney general and mueller himself go before congress. bill barr saying i'm happy for bob mueller to go in front of congress. those will be interesting hearings. i'm sure from your perspective they will hold their own, aren't

they? >> i don't know either of them personally. i know what i have seen. i know their reputations. they are serious law enforcement people at it for entire career. i suspect they face with cross-examination you get from congress, generally a long speech and random question mark at the end. they hold their own. they know what they're doing. they will be pretty strong witnesses. ashley: we heard strongly from democrats, bill barr acting as president's personal attorney he put a spin on this before we had a chance to get into the details claiming too much was redacted. did bill barr do anything wrong heading the press conference giving his summation? >> look my view the politics will be the politics. you will have people decide barr is suddenly the antichrist. you will have other people that say look how horrible the facts are for president trump. but i think generally there is just a feeling of relief that it's over. we're skipping over the biggest headline that nobody cares about anymore, that the russians as this documents very well absolutely were at war with our

electoral system. they are capable of a lot of mischief there. amaze we blown past that, all we want to do is fight over burden of proof when it comes to obstruction. ashley: hopefully we can move on. james, thank you we appreciate it. kristina. kristina: north korea rejecting secretary of state mike pompeo role in nuclear talks. what does it mean for the ongoing efforts with the trump administration? we'll be live from the pentagon with the latest developments. plus france honoring the first-responders from the notre dame fire as new york city dodge as similar tragedy. we have got you covered after the break. el. and you're still not sure if you want to make the trade? exactly. sounds like a case of analysis paralysis. is there a cure? td ameritrade's trade desk. they can help gut check your strategies and answer all your toughest questions. sounds perfect. see, your stress level was here and i got you down to here,

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fluid but he was stopped by security. the suspect told law enforcement he was cutting to the church to get to his vehicle which was out of fuel. police are disputing the claim. this cames after the notre dame cathedral in paris went up in flames. now the city is honoring the first-responders. we have the greg palkot in paris. reporter: the massive fire at notre dame severely damaged inside of the cathedral, but it would have been much worse if not for the efforts of the paris fire brigade. they paid honor to the men that helped safe the cultural icon. they were awarded a special gold medal by french emptying that crone. those insisted it was a group effort. >> translator: paris fire brigade unit is humble, discrete, collective of fire soldiers that came through. reporter: the day of tribute come as engineers worked to stablize the structure but it

won't be easy. notre dame is expected to remain closed for six years. local merchants are worried what that will mean for their future. for now they're enjoying unexpected up tick in foot traffic. >> translator: i never worked as much since it caught on fire. it is incredible. we had to wait for something big to happen before people realize we exist. reporter: money keeps pouring in. more than a billion dollars has been pledged so far for the rebuilding effort, leading criticism from some human rights groups and french lawmakers that the money could be better spent elsewhere. >> translator: why such an amount of money for notre dame and so little for the poor? why suddenly there is this national spirit but these wealthy people do not want to contribute more in taxes? reporter: notre dame director would like to build a small temporary church outside of the cathedral so his parishioners would not have to find another pare risch. greg palkot. fox news. >> thank you, greg. ashley: now this story. severe weather taking over parts

of the u.s. arkansas hit with flash flooding and thousands in texas are now without power. the national weather service also issuing tornado warnings this evening in parts of louisiana and mississippi. guess what, tomorrow the whole storm system moving towards the east coast and southeast. anyone traveling this easter weekend could be facing problems. already hundreds of flights are being delayed. keep an eye out for that. kristina: the rocky road to 2020. the redacted mueller report is out as we all know. critics weighing the potential impact on president trump's re-election but analysts say it is the economy that's most important. are they right? ashley: we'll see. the future might not be foldable. why samsung reviewers are sounding the alarm on the company's new galaxy fold phones. kristina: growing the streaming footprint. netflix is planning a major expansion here in new york city. the company is building a production hub that is expected to bring hundreds of jobs and hundreds of millions of dollars

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spokesperson. thanks very much for joining us today. let's get straight into the reaction what it could mean going into 2020. are we going to focus on economy is that what voters are looking at and given the mueller report came out and we haven't seen anything too substantial? >> yes, the economy matters to americans. the american people saw this for what it was from the beginning an all this hoax was, was the swamp trying to destroy this president and they lost. you had a revolving door between democratic attorneys working for hillary clinton and political opposition researchers spreading disinformation to the fbi and partisan bureaucrats within the justice department, then spreading and leaking that disinformation to partisans in the media, to start this entire conspiracy about collusion to try to undermine the results of the 2016 election. well now we had this sprawling investigation that cost us $35 million, we know the

results, there was no collusion and no obstruction. kristina: like you mentioned it is not going to go away overnight. i want to know a little bit more about the legislative process. do you think this will create continued fractures within the house? we're supposed to be debating nafta 2.0, i know they hate calling it that but usmca but what does this mean for people on capitol hill trying to move beyond this? >> they absolutely should. the democrats should get on board because the president is following through on his many promises he made to the american people. one of the major ones was getting these bad trade deals out and renegotiating them. absolutely they should get on board and pass this. we've seen great economic success because thanks to this president's agenda, but unfortunately you have jerry nadler and adam schiff who are running the investigations over there, the presidential harrassment in the house and they're not going to let this go because they have nothing left. they're clinging to this conspiracy because they want win

on the issues. they can't win on the economy, deregulation, tax cuts, defeating isis, all these incredible judges we've put in place. they can't win on the record. they will lie, leak and smear but it is not going to work. kristina: i want to stick to the 2020 election and talk about bernie sanders. the fact he did come on fox news. well-received by a lot of people. karl rove who is fox commentator wrote an op-ed in the "wall street journal" said bernie sanders could potentially win he smoothed out the edges, socialism's rough edges. what do you think of that op-ed? what do you think of bernie sanders coming on fox news? do you think he can start to peel away some of these voters? >> he is absolutely the democratic front-runner, he is absolutely pushing socialism and from top down, complete takeover of the private health insurance sector. he wants to, very flippantly says, oh, yeah, we'll outlaw private insurance. if you want to get insurance company you can have them do your nose job but that's it.

so he wants to kick everyone off their private health care. he wants to take the democratic party very successfully down this radical left path, this green new deal as well, wants to control every aspect of your life, whether what you drive, what you eat, everything. and so it is very dangerous and look, i applaud him for going on fox news because we finally got some reality from bernie sanders. he admitted that health care in fact is not free. and he also admitted you are going to pay more in taxes under his policies. kristina: i think it is great we're having both sides represented on both channels this is good move forward for bipartisanship. elizabeth, thanks for joining us. i much appreciate night thanks for having me. ashley: sold. hudson news mogul is planning to purchase "the national enquirer" for hundred one million dollars. american media agreeing to sell the paper along with two smaller tabloids following accusations

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kristina: driving a wedge. a defiant north korea demanding white house remove secretary of state mike pompeo from the on going nuclear talks just hours after testing a new weapon. fox news's. griff: is live -- jennifer griffin live at the pentagon with the latest. reporter: not clear what north korea claims it tested. called it a tactical guided weapon. spy sat lates did not detect infrared radiation from missile launch, perhaps this is smaller a artillery ran. patrick anna hand before meeting albanian defense minister at pentagon confirmed there was a test. >> i will not go into details because of intelligence. i would characterize it as not a ballistic missile, okay? then also there is no change to our posture or our operations. >> you are confirming there was a test of some kind? >> there was a yes, yeah. reporter: earlier this week north korea's leader visited a

military base for the first time in five months according to state media. experts say any potential short-range test would be allowed under current sanctions which cover only long-range missiles. this indication is message to washington following the second summit in vietnam when president trump walked away. kim jong-un given year-end deadline for nuclear negotiations with the president. the north koreans demanded secretary of state mike pompeo be removed from the talks. quote, whenever pompeo pokes his nose in, the talks go wrong without any results, even from the point close to success. i am afraid that if pompeo engages in the talks again, the table will be lousy once again. pompeo did not respond today at the state department when asked about the north korean attacks and recent tests. the kremlin said kim jong-un would visit russia later this month to meet president vladmir putin. kristina. kristina: thank you very much, jennifer. appreciate it. ashley: interesting stuff. to talk about it, michael

o'hanlon, brookings institution foreign policy senior fellow. michael thanks for joining us. a couple things to go at. reverse order. we found out just earlier today that vladmir putin is going to meet with kim jong-un. he is turning his attention to russia. what should we read into that? >> well over the years russia has been more helpful with north korea than not but we always have to be a little suspicious. vladmir putin has an ideology that makes him want to take the united states down a peg whenever he can. i think that is true even in the trump administration despite the relative friendliness of those two gentlemen with each other. the united states continues to put pressure on putin and russia over various kinds of shenanigans and adventures russia conducted from syria to ukraine. you have to always ask is putin going around our back to try to complicate the situation. on the other hand historically russia has not wanted instability in northeast asia. it has not wanted out and out

nuclear proliferation. they approved u.n. sanctions on north korea. after all the long-range missile, nuclear tests of 2017, 2018 and some of the tests before that as well. there is some chance putin is genuinely trying to be helpful. i would only say that as far as i can throw him so to speak and with a grain of salt. ashley: right. could it be that kim jong-un is feeling a bit ignored right now? he is trying to get the attention of united states? not only going to meet with putin but testing what appears to be conventional weapons, not ballistic as per jennifer griffin's report but poking trump administration saying remember us? because it appears the talks have ground to a halt. >> i think you're right. the north koreans are trying to signal here, both of things we well covered by jennifer's report. the other is missile test and the other is the tirade against secretary pompeo.

we've seen this before. we saw north korean unhappiness towards john bolton used concept of libya model we need to completely denuclearization north korea in all one swoop. who knows what fate might befall kim. the implication was gadhafi and libya. the north koreans let it be known they were not happy about that i think mr. bolton has been more restrained in his dealings publicly on the issue. in some ways secretary pompeo is bit after hard-liner, much more so than president trump who seems to want to find some kind of a compromise if the terms can be good. in that sense the north korean response is not all together surprising. they find pompeo a little bit too tough. they want to get back to the inner trump, bromance, kim-trump personal dynamic if they can. ashley: the bottom line comes down to this, the north koreans want the very harsh sanctions lifted and the united states and others want the whole north korean peninsula to be denuked

and that is where we're at. who gives, who gets what? >> well there is a potential compromise and i don't know how president trump would react if the terms of this were good. i think mr. trump was correct in hanoi to walk away from the deal that was proposed because the north koreans were just offering up a tiny part or modest sized part of their nuclear program in exchange for a full lifting of sanctions. the more fair deal is for them to give up all of their nuclear production capability throughout the country, hold on to their bombs for a while, or at least some fraction thereof, that is their ultimate deterrent. then we would suspend and gradually lift at least some of the signing shuns in exchange. that's a genuine compromise. the terms that kim offered in hanoi were not very viable. i don't think john bolton would like the compromise that i just outlined. i'm not sure secretary pompeo would but i think president trump might. to his credit trump is holding out for a reasonably fair deal to be on the table before he says yes or no. ashley: 10 seconds, michael.

there is no way they take mike pompeo out of these talks, are they? they singled him out but he is there to stay and negotiate, right? >> absolutely. i think you're right about that 100%. cochange his tone. he could stop calling kim jong-un a tyrant even though kim jong-un is tyrant. ashley: we'll leave it there. michael, great stuff. >> thank you, kindly. kristina: imagine spending $2000 on a phone and it doesn't even work? the frustration some early users are experiencing with with samsung's new foldable phone. ashley, a new story for you. ashley: okay. kristina: facebook under fire yet again. latest mishap from the social media company. that is coming up next. ♪ mornings were made for better things than

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samsung unveiled 2 thousand dollar phone, galaxy fold is being met with concerns after several phones broke.

joining the discuss is a techs expert. thank you for joining us. let's get to why do you think foldable phones may not be with the market is ready for. >> the technology is new, this is big trouble for samsung. a couple years ago they had the fiasco with the note, it cost them 5 billion in shareholder value, this tricky. here to hoping when people and consumer get their hands on the phone it works better, i wouldn't get my hopes too high on this, part is use irerror. a -- user error .

2000 dollars, when everyone is racing to offer cheaper smartphones, why price it at-this-point? >> a luxury market, this is not for everyone, this is for that business user, folks like me on the go. for someone who wants a device that does more than just take -- makes calls and takes pictures. >> what about huawei? is huawei do they have a foldable phone, would this be amazing opportunity to steal that market share. >> that is coming out, their phone is called the mate, it will be more expensive. we're thinking priced 2600 bucks. you just get a tablet or a laptop and a phone and call if a

day. we'll see. they might face similar challenges. >> this is the samsung statement, saying do not remove the protective lawyer, yet so -- layer, yet so many people did. on their servers this most recent issue that tech giants faced over privacy concerns. i feel that every day, i think yesterday it was a 12,000 word essay by buzzfeed that focused on it. do investors even care that facebook does not have a hold of their internal data and user data. david: >> you ar -- >> this on going problem, we hear mere and more, facebook is too big a company. i do think they will have to take some more measures, beyond just mark zuckerberg saying i'm

going to fix it. they are really going to have to fix it. people need to take control of their data, log to your facebook account manage your can taxes, and -- contacts and make sure you know the information that facebook has, you have the ability to delete some of that as well. people need to know they have control, they don't have to be sitting ducks. >> it was wired article from yesterday. i don't think that people really left, first cambridge analytica, we did not see a us user drop o. we're too reliant on our social media that we'll never give can it up, what do you think will be our future. >> social media will continue to rise.

we update stuff to have a better user experience. i think it is funny, facebook has these issues, it had some more profitable quarters and things like that. i don't think that consumers are phased and not leaving but i think the pressure is on for companies like facebook and linked in and twitter this make sure they are doing more to protect their users. >> i think i'm assuming you are on facebook, i am. everyone can find us there. >> i am. >> thank you. >> so true, every day we do a story on a privacy issue, someone hacking, it does not affect stock that big, that will affect stock -- >> right now facebook has network effect. they are not leaving platform, we're beholden to them, i believe in future maybe privacy will be something overly the

rich can afford. >> there is no such thing as privacy these days, thank you for joining us, that is it for us, david asman, "bulls and bears" starts right now. >> they are having a good day, i'm having a good day too. i was told no collusion, no be obstruction. this should never happen to therefore president. david: two years, 25 million dollar later, mueller report is out, this is "bulls and bears" thank you for joining us, imdavid asman, joining me today, liz peek. gary kaltbaum and our very own mr. lou dobbs, and we're joined by former pennsylvania governor ed r