agree with the stock market. meaning we're seeing possibly an end to the little trough we're in right now. [closing bell rings] liz: john burke. always a pleasure. it's a record of s&p. dow is 1% of a record itself. connell: nasdaq is really close, really close. we do have new highs on the s&p, certainly on wall street. stocks kicking off the week in the green. corporate profits. fed meeting coming up. corporate jobs report coming up. all expected to dominate market headlines. moments from now big report from alphabet, parent company of google with the quarterly earnings. tech giant hitting all-time high alone, ahead of that report. dow closing up 131. 1% away from the the report hide. happy monday. melissa: absolutely. connell: i'm connell mcshane. melissa: i'm melissa francis. this is after the bell. this is record close for s&p.

it is official. nasdaq approaching record territory appears to be just shy there as we watch it settle out. connell: four point below. we'll check dow stocks hitting all-time highs today. apple's fourth straight record close ahead of earnings report on wednesday. shares of microsoft higher after scoring a major victory against amazon, winning a 10 billion-dollar contract with the pentagon for cloud computing services. >> tiffany's surging today after the owner of louis vuitton offers to buy the iconic jeweler in a deal worth $14.5 billion. shares closing up 30% on that one. connell: we await for alphabet. that is the earnings report. scott martin, kingsview a asset management. no alphabet i see yet, scott. talk to us about the s&p and nasdaq almost there. what is driving things there? >> things feel good, connell.

you guys talked about it in the lead-in. it is funny, we're at multiple record closes as far as as many we had. this one feel as little different. we've been through so much. i say that collectively in our relationship, in the s&p last three months. impeachment. china trade talks falling apart. reigniting. concerns about recession. we had concerns about earnings which have fallen by the wayside for now. to me the market has a little buoyancy to it right now. we're getting follow through from some big tech companies, that i think we'll see in google shortly, that are reasons to buy the s&p and nasdaq as we go into the fall quarter. connell: i was half listening to you. melissa: not there yet. >> more than usual. connell: pretty good actually. i thought you were talking about our relationship. i realized it was the relationship you have with the stock market. doug, is scott right, it feels right to be hitting all-time highs? what do you make of where we are? >> i feel like this is the fifth time we've hit all-time highs

since january of 2018. the market is up maybe 2% from there. we keep hitting highs. we need something to really break through it. hopefully we'll get earning pick ups from here. you will need that to further propel the market. that will be the difference f we get on other side with all indices, something positive, maybe trade talk coming through, some other things that impact earnings going forward, that is where you see us break to the positive. connell: we reset scott, a little bit, maybe our expectations with regard to trade, that nobody is necessarily hoping for some sort of big comprehensive deal. now it seems maybe investors would be satisfied with something a little bit smaller. what do you think? >> yeah, totally. i think, connell, we reset our expectations as far as earnings. connell: probably. >> going into this quarter, we were looking at 0%, maybe growth, maybe even negative. the market is delivering better than that we were getting a expectation, the market wasn't that far off all-time highs.

any positive news to your point on trade certainly, no bad news, some good earnings news, mixed in there. the market wants to go up on that stuff. connell: scott is right. almost every company, eight out of 10 in the s&p 500 are jumping over a bar. to be fair it is a lower bar than we're used to here. so almost any beat does. we'll see how google does. just about any little beat can do for the stocks. is it misleading, what do you make of expectations versus results? >> 25 years of, we're at 25 year average of the p-e ratio on the s&p, slightly above that we're not overpriced by any stretch of the imagination. there is room here. connell: let me interrupt you for a moment. melissa: looks like miss on. connell: per share $10.12. connell: if that number is comparable. if that is the first number to cross. we'll wait on deirdre for comparable number on the

estimate which is $12.42. revenue is little better. $45.2 billion. versus an estimate of 40.32 billion. that is up 20% from where we were last year. the other thing everybody is looking at, what they call the traffic acquisition costs. melissa: right. 7.49 billion. connell: just above the 7.6 billion. doug, interare upped you. what is big thing to watch? >> how far above 40 billion were we going to be and i was looking secondarily how far below $13 we would be on earnings per share. that is the real big miss. that is a concern. they have a lot of pressure from amazon on recurring revenue front going forward, taking away ad revenue. melissa: let me add in actually. for the quarter, advertising

revenue 33.92 billion. network revenue, 5.27 billion. average cost per click versus same quarter of previous last year, down 2%. just throwing some things out there. connell: the other thing i will say, to follow up what doug is talking about so we're clear. someone can correct me if i'm wrong, we don't know how that earnings per share number compares to estimates. there may be something there taken out for accounting purposes that putting alphabet in better position. >> connell, there probably is. connell: go ahead, scott. >> connell -- connell: deirdre was going through that. she joins us now. deirdre bolton on the floor of the new york stock exchange. what do we actually see here? >> still trying to compare the earnings figure, making sure apples to apples. i will wait for a few seconds. you are reporting $10, 12-cent a share. i'm trying to see if that matches. doing calculations on this side here, back of the envelope.

revenue is a clear beat. $40.5 billion. i was interested in something melissa said about the traffic acquisition costs. essentially how much google pays to the partners to get us to click on an ad or one of their services or one of their apps. as melissa said, 7.49 billion. that is slightly higher. or slightly more negative. google is paying more to get eyeballs. that is what it comes down to. that is in fact little higher. not by too much. 7.6 what analysts were looking for the thing i'm waiting for, connell in addition to the apples-to-apples comparison, so i give it to you straight. also cloud. i think it is supposed to come in around 8 billion, which would quite the 2017 level. if you look at google, where does the company make money. search ads number one. youtube number two. the third and growing division is cloud, number three. we heard that from the cfo,

talking about that. variance in this quote, unquote other revenue basket. i need to go through that as well. that is the last metric i'm working on. i will come back to you as soon as i have it, guys. connell: fair enough. thank you, deirdre. scott, back to your thought. my thinking stock is about 2% is not great, right? revenue, as doug said, we were looking how much above 40. get to 40.5. that is better than expected. costs are going up. paying more for clicks. we'll see earnings are not great, but not terrible, not great. scott, go ahead. >> true, this sets up amazon story. it is about the spend. top line to me is pretty impressive. we own google in a lot of portfolios. even margin growth to see what that percentage growth looks like. aside from the cloud stuff deirdre mentioned. google is clicking. there is times as we learned from amazon. these companies do have spend. they have to throw extra dollars

out there to keep dominance. amazon is down 8% after hours, after earnings. on friday up all the way. we were picking it up that day. we'll buy google tomorrow if it is down. connell: fair points. deirdre, go back to you. what are you seeing? >> you guys wrote the number. no adjusted earnings i'm seeing. $10.12 a share. versus wall street estimate of 12.42. if google, alphabet google hit $12.42 a share, that would be a drop of 5%. i think we're seeing pressure on the stock. it hit a six-month high during the regular session. so this earnings figure of course disappointing. melissa: deirdre, we always talk about companies known for sandbagging, who beats. these guys, they beat earnings seven times. herevenue estimates six times te

last eight quarters. if they miss one number, looks like they are, that is pretty unusual for them, might make it more significant. what do you think? >> i think that is absolutely a great point to make. the fact, that they're usually pretty transparent. they're usually pretty on target. one thing that i remember from some comments again, getting back to the cfo, cap-ex would grow this year but at a slower pace. some of these other bets, now they do kind of put some other businesses together in a bucket, making it a little bit easier, rather harder to go through, waymo, google fiber. they have a lot of losses in the bucket. i'm not sure that is enough to really disappoint on the earnings figure. again sometimes they put the things in buckets that i'm currently going through. at the moment we do have the stock as you can see for yourselves moving lower in the market session. connell: brings up something of a investment debate. scott brought it all already.

if the stock sells off, down 40 bucks. down 3 1/2% now. is it something where you say, google is not what it was cracked up to be, be careful, are you on scott's team, we are buying opportunity, a little bit of a dip on alphabet? >> the stock is up double digits. if the outlook is 1400 for it. upside from here is basically like a single-digit upside. a stock like this, a lot of other opportunities elsewhere for double-digit plus upside i don't know if the risk is worth it to be adding at levels when the outlook near term isn't so great. that is the big difference for me. i liked it when it was below 1200. i like it less around 1300. it is a little bit better. that is much better price point for me. i get double-digit upside. why take a whole bunch of risk if not rewarded for upside. melissa: scott, are you looking what they have going on hardware? this is one of the things they tried over and over again.

whether it is phones or speakers or wi-fi routers. they keep trying to vent you are out into this area. you would think something would be a huge hit along the way. i don't know that we've seen that do you feel like this is still a worthwhile investment? they have to get a toehold? or kind of good money after bad? >> that's a great point. those worked out okay but not as well as they expected. to me, other things are too, aside from hardware. phones have been a major group. stadia, which is their gaming streaming oning on in november, estimates of stayed yo over the next several years are gigantic when it comes to revenues. they think they will challenge amazon. tough watch what google has on other developmental platforms deirdre was hitting on, aside from the hardware. stadia could be gigantic, tens of billions if 2 it works out, maybe single billions if it doesn't. those are areas they haven't

tapped into yet that should have be in the stock. connell: what about fitbit? a report today from reuters that alphabet is making a bid for fitbit. apparently they bought intellectual property from fossil smartwatch. they have some ip. is this a play to be google watch versus apple watch? what do you think is going on? >> it is. i like the fitbit acquisition actually. i think that is a plus. there are negatives and there is positives. it is showing signs of a mature, large cap growth stock. not an aggressive growth stock that it used to be from sometime ago. that is it. it has a place. doesn't have the same place to the same degree. is it a buy or a hold? that is the big difference for me. i see a good sign. a lot of negatives hanging around there. the way i look at it. connell: we'll be back to you guys. we want to get to beyond meat. it has reported its own results for the third quarter.

deirdre, you're busy woman. oh, boy, 7% to the downside. what are we seeing? >> first profit as a public company. this company came public in july. if you look six cents a share. wall street was looking for three cents a share. you will see positivity there. i see it moving lower after-hours. you do oddly enough have revenue exceeding expectations as well. not sure i understand the way it is trading. 92 million posted for fiscal third quarter sales. watt street looking for 82.3 million for fiscal third quarter sales. i want to highlight since the ipo in july. this stock is still up 300%. so you may have a little bit of coming down just from the fact that i hate to repeat these sort of cliches but, you know, buy on rumor, sell on the fact. we know mcdonald's is testing out beyond burgers in canada. we know that dunkin', yum brands, kfc, adding meatless

additions to the menus. some product shown up in subway, pizzeria uno. the company is getting out there. the it is going to spend more on marketing that headline coming through as well along with numbers. as we can see here, some pressure after hours, but listen, the beat on the top and bottom line, connell. connell: no guidance on profits. does provide some full-year guidance and, it is interesting here. i you know, if anything, scott, maybe a little selling on the news. could be more to it than that. what have you been thinking, scott martin, about beyond meat? >> dare i say the stock, probably got overcooked at one point or another. connell: my gosh. >> waiting on that one. thank you for throwing me the ball. to deirdre's point the stock is up 3-x since the ipo and up 8 h x at one time. it was going crazy. i think the product is great. i think it has a great place in society. the problem they're not only

one. melissa: have you tried it? connell: he has not tried it. >> melissa i have tried it but i put bacon on it, on the sandwich to offset -- melissa: you can't do that. connell: you are a, he is a fraud. melissa: that is cheating. you can't do that. connell: a complete and total fraud. i don't know, doug, you want to make a point about beyond meat, down 8%? >> i like it in the double digits. i didn't like it in the triple digits. i think it is better. the market itself, demand for expanding market is fantastic. to the point of it, they will face a lot of competition. i expect a lot of the volatility, you have lockup expiring where all insiders, it has been six months. they can finally sell. that will put downside pressure on the stock. there will be increase in volatility. not that there hasn't been a bunch of of volatility. you have to look at the space more than just the player. there will be more coming in there. with investing you have to think of price points, right? entry points. i don't want to pay over 100 for this. the upside is not great in the

near term. it is a little more advantageous around this price. connell: 98 bucks. doug, good as always. beyond meat with bacon. good to see you both. melissa: i think it's a fad. i totally think it's a fad. decide ad different way not to eat meat than this one. connell: you could be right. guys were talking about. anybody can do it. melissa: no barrier to entry. connell: it is not a fad. melissa: unrest in the windy city. thousands of protesters gathering outside of chicago's trump tower as the president makes his way back from his first visit to the city since his inauguration. we are on the ground in chicago with the latest next. connell: plus a destablizing blow to isis. the most wanted terrorist in the world killed in a u.s. attack. isis warns it is recruiting a new leader. a live report from northern syria at this hour. fueling the space race. virgin galactic making a history as the only publicly-traded

spaceflight company. i spoke earlier with richard branson, the founder of the company. we'll have more on that later in the hour. and getting her car to. all i had to take care of was making sure that my daughter was ok. if i met another veteran, and they were with another insurance company, i would tell them, you need to join usaa because they have better rates, and better service. we're the gomez family... we're the rivera family... we're the kirby family, and we are usaa members for life. get your auto insurance quote today.

most people think of verizon as a reliable phone company. (woman) but to businesses, we're a reliable partner. we keep companies ready for what's next. (man) we weave security into their business. virtualize their operations. (woman) and build ai customer experiences. we also keep them ready for the next big opportunity. like 5g. almost all the fortune 500 partner with us. (woman) when it comes to digital transformation... verizon keeps business ready. ♪

this piece is talking yeah?. so what do you see? i see an unbelievable opportunity. i see best-in-class platforms and education. i see award-winning service, and a trade desk full of experts, available to answer your toughest questions. and i see it with zero commissions on online trades. i like what you're seeing. it's beautiful, isn't it? yeah. td ameritrade now offers zero commissions on online trades. ♪ i need all the breaks as athat i can get.or, at liberty butchemel... cut. liberty mu... line? cut. liberty mutual customizes your car insurance so you only pay for what you need.

cut. liberty m... am i allowed to riff? what if i come out of the water? liberty biberty... cut. we'll dub it. liberty mutual customizes your car insurance so you only pay for what you need. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ melissa: hope springs eternal. the u.s. and china saying they're getting closer to finalizing to a phase one of the

u.s.-china deal. they are getting together at the economic forum in chile next month. edward lawrence with the latest on this one. reporter: hearing goodwill on both sides. trump it trump says the deal is finishing ahead of schedule. he wants this signed at the apec summit. >> i say we're a little ahead of schedule. probably a lot ahead of schedule. probably we'll sign it. the meeting is scheduled in chile. i know they will have difficulties in chile. i know the people. i'm sure they can work it out. reporter: president donald trump says the phase one deal will benefit farmers in the u.s. there is no specific number. the chinese started to buy a significant number of agriculture from u.s. farmers. before he left the president also said he wants to put pressure on democrats to ratify usmca. listen. >> i hope they approve usmca.

it is in there. it is a great agreement for the united states. for our farmers, manufacturers, for unions, for everything. it has been approved by mexico and canada. they're waiting. we don't seem to be able to have time for nancy pelosi. i call them the do-nothing democrats. they're the do-nothing democrats. and frankly, if they put it up it is going to win very easily. reporter: the usmca will add $68 billion to the u.s. economy according to the u.s. international trade commission. both canada and mexicans leaders have talked to democrats in order to try and get the ratification vote supporting this agreement. no vote has yet been scheduled. melissa? melissa: edward, thank you. connell: sweet home chicago. donald trump visiting the windy city for the first time since he became president. when he got there, he was greeted by protesters at trump tower. jeff flock is live with the latest from chicago. jeff in. reporter: not so sweet for him

today, perhaps. the protest at trump tower winding down although, you see some stragglers remaining here. there is another protest planned for later although the president is safely on his way back to washington. a look perhaps at what the protests looked like earlier. it was, i would say at least a thousand people in the street. not like the bilge rally that protesters managed to have canceled during the president's campaign a couple years ago. the president talking about crime today. you know chicago's finances are really the story. take a look at these numbers. the deficit, budget deficit in chicago, it is less than $100 million. because of pension short falls, that deficit will grow, it is estimated by 2021, to $1.1 billion. that is almost 1000% increase. that caused chicago's credit rating, well, it is junk status, unlike new york, d.c., san francisco, which have high credit ratings.

the president choosing it talk about crime today. listen what he said talking about the chicago police superintendent, eddie johnson, famously boycotted the president's speech today. the president had unkind words for him. listen. >> embarrassing to us as a nation. all over the world they're talking about chicago. afghanistan is a safe place by comparison. it's true. police officers of chicago are entitled to a police superintendent who has their backs and knows what he's doing. reporter: maybe a little hyperbole in terms of afghanistan but the president got a warm welcome from the chiefs of police, not so much from the folks on the street here. the mayor, by the way, tweeting a response to the president, a couple of, tweets. one essentially calling him a buffoon. another saying, our city and our police department will not be lectured on our duty to serve

and protect by someone who puts children in cages. not a particularly friendly town for the president, that is the way it is in this country. everybody get as voice. connell: that is the way it is. you're right about that, jeff. good to see you. jeff flock in chicago. melissa. melissa: here to react to all of it, dan heninger from "the wall street journal" he is also a fox news contributor. so to me, you look at kind of the dichotomy of chicago. it is similar to a lot of big cities and the mess they're in. they are really topping it off. murders in major cities, 371 in chicago. new york, 257. we're only in third place. you compare that with their list of taxes. amusement tax, boat mooring tax, bottled water tax, fountain soft drink tax, foreign fire insurance tax. dan, what is happening here? >> it's a city being run by

democrats and liberals that is disintegrating. can you imagine, this is a city facing a budget deficit of a billion dollars. i mean that is just fantastic. if i were going to take what we call educated guess who all those protesters were out there in front of trump tower in front of his address today, i would most of them are public school teachers because they're in the public schools teaching kids. they're on strike in chicago. they want higher pay. how can you demand higher pay in a city that is facing a billion dollar deficit? who is going to pay for that? the answer is probably the citizens of chicago themselves through higher property taxes. melissa: so how do we get to this point because new york is in the same situation in the sense we're paying more taxes than ever before. that was the scroll on the side of the screen. we're getting taxed for

everything, yet the quality of life is declining. as a taxpayer you feel ripped off. that is the bottom line, still the leadership doesn't change. how is that? >> it doesn't change. in illinois both republicans and democrats failed. bruce rauner, former republican governor, tried to reform budget system. failed. voted out of office. they have a democratic governor pritzker who wants graduated income tax. rahm emanuel, democratic governor of economic go, tried to fix the schools. he failed. would prefer to see president trump there talking about liberal governments rather than getting a smackdown with the police chief eddie johnson who has a tough job. i think the president should go straight into the cities, they will not vote for him, talk to the black, hispanic residents what are you gaining being governed by democrats in cities like chicago, los angeles, baltimore, st. louis and even new york city? melissa: it is interesting. when he sat there today, he gave

out the remarks, said other things like, talking about his scam impeachment, he got roars and, you know clapping from the audience. they were really agreeing with him. you know, which tells you about a lot about the support that he has even when he says these things. i don't know, final thought, dan? >> you know also says in his rallies what he has done for employment among black and hispanic workers in places like chicago and i think they know that. it would be a good thing if president trump started talking more directly to those black resident in the tough neighborhoods of chicago about the sort of things his economic policies have done for them. the democrat there simply have not. melissa: dan, thank you. connell: all right. 1221 days after the united kingdom voted to leave the european union. is the end finally near? melissa: no. connell: what billionaire

richard branson thinks of brexit. not a huge fan. fires raging across southern california. we're live on the ground later in the hour. ♪. sizing you up... calculating your every move. you think this is love? this is a billion years of tiger dna just ready to pounce. and if you have the wrong home insurance coverage, you could be coughing up the cash for this. so get allstate and be better protected from mayhem, like me-ow. (thud) (crash) (grunting)

(whistle) play it cool and escape heartburn fast with tums chewy bites cooling sensation. ♪ tum tu-tu-tum tums

so why isn't it all about you when it comes to your money? so. what's on your mind? we are a 97-year-old firm built for right now. edward jones. it's time for investing to feel individual.

melissa: "fox business alert." another look at alphabet down of a hours now. oh, more than 11%. almost 12 there. a miss on third quarter earnings but a beat on revenue. the company's profit hit by aggressive spending by the google unit on marketing hardware development. not even, $10. 10 points. my bad. i need glass is the problem. connell: who cares. melissa: a little too far away. connell: we all care. do we care about this though? another extended deadline for brexit. supposed to be halloween october 31st that is officially delayed. end of january is new one. parliamentary vote, rejecting boris johnson plans for general

election december 12. nile gardiner is here to discuss this yet again. we'll talk about the election in a second. first of all on this delay, to some extent, business had been pushing to, you know, not have a hard brexit, all the rest, not having it resolved seems a issue for a lot of people. what do you say? >> well, this is the never ending story really. we're 3 1/2 years now after the june 2016 referendum vote. and now there is a further extension to the end of, end of january 2020. i do think that. >> -- we will see brexit. we do need to have general election in towardbrexit to take place. connell: how will that work out? they blocked it. what's the deal? >> government lost a vote today with regard to forcing a general election in december. that vote required a 2/3

majority. there will be another vote tomorrow on a bill that the government is introducing. this is going to be a different vote however. it will require just a simple majority of parliament to vote for general election. scottish nationalists and liberal parties both indicated they may support this bill tomorrow. so i think prospects are looking a lot better for tomorrow's vote. this election then would be on either december the 12th as the government would like it or on december 9th, as liberals and scottish nationals would like to have a vote. connell: set up a could coalition to get the thing through. still some in the business community don't want to see this thing happen at all, or are worried about the effects might be. but i spoke to richard branson today on different topic, space travel, but i asked him about brexit. here is what he said. >> i think brexit is one of the worst things that could happen

to great britain. it already damaged the british economy dramatically in the last 3 1/2 years since the referendum. connell: what would you say about that the already done and more to come? >> richard branson has a great airline virgin atlantic. however what he is saying brexit damaging the british economy is complete nonsense. his own company has done well in the brexit era. they will do even better once brexit is implemented. you have a lot of business, very wealthy business elites who are against brexit but but the reality if you canvas opinion among a lot of small businesses in the uk they're very much in favor of brexit. i think there is a broader acceptance within the business community in the united kingdom, that brexit is going to happen. there will be reality. no point for richard branson to swim against the tide. brexit is inevitable. ironically his own businesses have actually done very well over the last 3 1/2 years.

i think virgin atlantic in particular will do very, very well, in the brexit era, if there is a free trade deal in place. connell: we'll follow it tomorrow. take it day by day as we always do. nile gardiner, good to see you again. >> thank you very much. >> isis naming a new leader after president trump announces the death of the lead terrorist. and other high-profile targets that were taken out. no commission. no matter what you trade, at fidelity you'll pay no commission for online u.s. equity trades. at fidelity you'll pay no commission if you have postmenopausal osteoporosis and a high risk for fracture now might not be the best time to ask yourself are my bones strong? life is full of make or break moments. that's why it's so important to help reduce your risk of fracture with prolia®.

only prolia® is proven to help strengthen and protect bones from fracture with 1 shot every 6 months. do not take prolia® if you have low blood calcium, are pregnant, are allergic to it or take xgeva® serious allergic reactions, like low blood pressure trouble breathing; throat tightness; face, lip, or tongue swelling rash; itching; or hives have happened. tell your doctor about dental problems as severe jaw bone problems may happen or new or unusual pain in your hip groin, or thigh, as unusual thigh bone fractures have occurred. speak to your doctor before stopping prolia® as spine and other bone fractures have occurred. prolia® can cause serious side effects, like low blood calcium; serious infections which could need hospitalization; skin problems; and severe bone joint, or muscle pain. are you ready? ask your doctor how prolia® can help strengthen your bones.

it's an honor to tell you that [ applause ] thank you. liberty mutual customizes your car insurance so you only pay for what you need. i love you! only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪

♪. connell: more now on wiping out of the world's most wanted terrorist. new details emergency today about the raid that killed isis leader abu bakr al-baghdadi. we're learning his right-hand man was confirmed dead in a separate attack by u.s. forces. benjamin hall in northern syria with the latest from there. reporter: hi, connell. we in fact had a wide-ranging interview with the commander of the sdf kurdish forces here. he told us this raid would not have been possible without their intelligence. they passed on the details of abu bakr al-baghdadi's location to the americans on may the 15th. they were able to do that because they had an informant inside isis, incredibly rare. this informant was there giving them the location. who else was in the compound. the tunnel. that informant was still there when the u.s. raid took place. the u.s. managed get hem out

safely after that. quite a remarkable story. we heard from the general about the u.s. pulling out of syria, how the syrian kurds have had to turn to the syrian government. we saw on the front lines how the syrian government have moved in. take a look. we're watching syrian government forces taking up their positions right opposite turkey. the kurds say in the long run they can't push back the turkish army. what we're see tag partnership now in action. we can see a turkish tank up in the next hamlet. their forces are clearly coming towards us. that is where all the gun battles have been as well. it will not be safe for us to go any further. you can hear, sounds like airstrikes. the general says he wants the u.s. to come back. they still need their help. they want to work together on cooperation defeating isis. they say we might expect to see a few more isis killed or captured leaders in the coming days. connell? connell: terrific reporting from benjamin hall in syria. melissa? melissa: be careful.

john hannah, former dick cheney national security advisor, foundation for defense of democracy senior counselor. they have classified picture the dog involved, they haven't told us the dog's name because they want to keep the dog's family safe. seriously, did withdrawing troops from syria change the timing and does this killing of baghdadi blunt the criminal system? >> hi, melissa. i would think yes. the initial reporting that we've seen in places like "the new york times" the withdrawal order from syria did actually accelerate the need to act now to go after baghdadi and take advantage and fully exploit the intelligence we had on his whereabouts. i do think this operation is a real shot in the arm for u.s. counterterrorism policy. if people had doubts after the chaos of this withdrawal announcement from syria a couple

of weeks ago, i think the unbelievable skill and power of u.s. military and our intelligence services sends a very powerful message to our friends and enemies across the region that we are here to stay, to do the job, to defeat these terrorists. melissa: you heard benjamin say a second leader was also killed. we might expect more from here. what do you think about that? >> well, certainly it seems as if this partnership with the kurds is producing very valuable actionable intelligence that we're taking real advantage of, according to reports, there was a lot of intelligence in this compound where baghdadi was killed. we can expect there will be a lot of leads that our special operators and kurds will be acting on in the coming weeks and months. melissa: john hannah. thank you. >> thank you. connell: to california, in the dark. pg&e shutting off the power for

at least two million people as deadly wildfires continue to rip through the state. we're live on the ground in california with the latest next. there's the amped-up, over-tuned, feeding-frenzy-of sheet-metal-kind. and then there's performance that just leaves you feeling better as a result. that's the kind lincoln's about. ♪ i'm part of a community of problem solvers. we make ideas grow. from an everyday solution... to one that can take on a bigger challenge. from packaging tape... to tape that can bond materials to buildings... and planes. one idea can unlock a breadth of solutions.

at 3m, we are solving problems that improve lives.

and my side super soft? be firm? one idea can unlock a breadth of solutions. with the sleep number 360 smart bed you can both... adjust your comfort with your sleep number setting. but can it help keep me asleep? absolutely, it intelligently senses your movements and automatically adjusts to keep you both effortlessly comfortable. and snoring? no problem ... and done. will it help me keep up with him? yup. so, i'll wake up ready for anything? oh, we've got your back. so, you can really promise better sleep? not promise. prove. and now, save up to $400 on select sleep number 360 smart beds. only for a limited time. ♪ melissa: wildfires, power outages ripping across

california. more than a dozen major wildfires burning across northern and southern parts of the state. pg&e shuts off power to at least two million people. robert gray live in los angeles with the latest. wow, robert. reporter: melissa, that's right. firefighters tell us they're in what they call mop up duty for the getty fire which broke out about 1:30 a.m. local time right around the get at this center. of -- getty center. you can go across the street into the canyon, where fires came across the canyon overnight into early morning hours. we have drops from helicopters and planes as well. they're getting it in better stead. even though it is warmer, winds have died down which is good news for firefighters. meanwhile in northern california, the kincaid fire continues to blaze. the wine production and tourism business which run as multibillion-dollar economic impact in that county ground to a halt. nearly 200,000 people have been

evacuated from there. you heard pg&e trying to return power to some folks in the northern california area that have been affected. as you mentioned 2 1/2 million people have been without power in the region. the smoke and air quality filtering, getting bad all the way down into san francisco itself. and certainly been an issue here in l.a. as well. but we can report to you, i'm sure connell is waiting to know, looks like lebron may be able to return home. his house is down the street. he tweeted out about 3:00 a.m. about the evacuations. looking for a hotel. melissa: signal breaking up. we were wondering what he was doing. robert gray. thank you very much. connell: like a lot of other people decides him too. meatless being added to restaurants to men use. we'll talk about earnings and out of this word, virgin galactic making history on the trading floor but can that company get people into space by 2020?

next.

most people think of verizon as a reliable phone company. (woman) but to businesses, we're a reliable partner. we keep companies ready for what's next. (man) we weave security into their business. virtualize their operations. (woman) and build ai customer experiences. we also keep them ready for the next big opportunity. like 5g.

almost all the fortune 500 partner with us. (woman) when it comes to digital transformation... verizon keeps business ready. ♪ (thud) (crash) (grunting) (whistle) play it cool and escape heartburn fast with tums chewy bites cooling sensation. ♪ tum tu-tu-tum tums it made her feel proud. they saw us, they recognized us. ancestry® specifically showed the regions that my family was from. the state of jalisco. the city of guadalajara. the results were a reflection of our family and the results were really human. i feel proud about my identity. greater details. richer stories. and now with health insights. get your dna kit at ancestry.com.

melissa: fox business alert, another look beyond meat shares down after hours, company ramped up manufacturing to meet the booming demand for plant-based protein, that shopping burger king profit. the successful roll out of the impossible whopper, can you believe it, fueling fast-food chain's best quarter in 4 years, axios market -- >> i can't believe they are going, they love it. melissa: they beat earnings and raised guidance but the stock is getting crushed, ipo lock up is ending talk to me about the stock. >> you will see folks get out, ishot up like a rocket ship.

and i think it is coming back down to earth, you talk to analysts and people who watch this space, only thing they can think of to say negative aboutio band meat that price is too high. most of price is below where it was. shot up 600 something percent in the first month it is out of the world, people love the plant-based meat. i do know you don't. but people love the fake meat, the plant protein, i don't get it, you don't get it but people love it. connell: we see what you do there, shooting up like a rocket ship, out of this world, you want to talk about virgin galactic. >> first publicly traded space tourism company, i talked to sir richard branson today, about the high cost. >> the 250,000 dollars is about the same price as it costs

people to cross the atlantic a hundred years ago. the rich -- always happens in any industry, rich people, help pay for the initial cost of the project. in the years to come you know airlines like virgin atlantic set up and the price comes down and down. i am -- i think it would be rationaly to forecast what we can get it down to. connell: a decorate from now would recession -- a decade from now do you think regular people would be able to do this. >> um, they will need some money. connell: you would figure in 20 years, it would be 30 grand, it is a publicly traded company now it may be on the margin side if you have people lined up out the door, they claim to. 250 grand a pop that is a good business model. >> i don't know how many people with 250 grand to throw away on a tourist trap, i should not say

trap, a tour lining up, you can get great margins, but you want scale. you want a bunch of people to do this i don't know if you will really generate scale to 30,000 dollars, i don't have 30,000 for a vacation. connell: they are into hypersonic travel, maybe that is the business opportunity long-term? a few years away i guess. city to city real fast. >> if you have 30,000, you probably have 200,000, i don't know why they talking about bringing cost down, keep cost high, and margins high. connell: we're trying to save money to send charlie gasparino. >> put me down right now. connell: probably. >> i have 5. connell: thank you. watch yourself on the way out. melissa: have you traded meatless yet? >> i knew would ask.

>> we have not, i thought you would ask about space, that is a no brainer, i'm all over space. meatless thing, just have a vegetable. "bulls and bears" starts right now. connell: see you tomorrow. >> does anyone in this room have a 401(k) that is down? raise your hand. does anyone have a 401(k) that is up? everybody. david: a lot of police have 401(k), president in chicago touting the strength of the economy, celebrating a new record high for s&p 500, and giving president credit, praising what she calls quote bravely of the trump tax cuts. >> and 2020 hopeful joe biden disagreed. what he says he will do to tax