>> when you look at the volume, the shares traded on tesla the last two days alone, 50 million shares traded at $800 a pop yesterday. that's $40 billion of money. that's not something a trailer moving $40 billion. >> we've got to move now. thanks, cody. it's up to you, liz. keep it going. >> i'll do my best. we are up for 46 points on this wednesday on "wall street". strong earnings, positive economic data and force of a breakthrough and potential coronavirus vaccine, markets near all-time highs. s&p 500, a record close. the number two watch is 3329. that's the number two watch. we'll see if we have a record. the nasdaq shooting for a second straight record close. trading comes less than an hour for the vote on president trump's impeachment as a prominent public and.

break from the party both guilty. historic vote followed last night state of the union speech were the president talked about economic accomplishments. a chill could keep any new agenda items on ice. our power panelist here to tell us whether infrastructure, healthcare or even tax cuts could see any options at all ahead of the 2020 election. the death toll from the coronavirus now nearing 500. as americans stranded in china were able to escape. we've got the harvard medical school professor just got out from china and now says that u.s. is unprepared. we've got more of his thoughts on this exclusive. oil showing signs of life after six losing sessions. charles decided to grace us with his presence. back from the super bowl. less than an hour to the closing bell. let's start the countdown.

♪ this is an interesting one. breaking news, general motors announcing it is coming it steak and ride sharing, lyft. gm initially invested $500 million in lyft in january 2016. lyft is not getting a good move on that. it's down 4%. while gm is gaining one and a quarter%. from general motors to two other u.s. auto joints addressing coronavirus concerns in the earnings report first, let's talk about ford. he reported $1.7 billion quarterly loss in a disappointing 2020 outlook. excluding any potential impact from the coronavirus. the u.s. auto giant said it was too early to make any sort of investment and it is hoping to resume large parts of its operations in china next week which has been shattered. in the meantime, inventors

pumping the brakes on tesla, he knew this would happen. the stock has been spiking day after day. now it sing its worst tumble and more than six years, down 15%, earlier done more than 20%. that would be its worst percentage drop in the history of the publicly traded stock. the easy giant warning there will be one to 1.5 weeks away and the ramping up of the production of its model three cars felt that the shanghai tesla factory and that could hurt tesla's march quarter profits. peeling back $139, it stands at $739. then there was this tweet from short-sellers, we love tesla and promise never to be short again but when the computer starts driving this market, we believe even elon musk would short the stock here if he were a front manager. no longer about the technology, it has become the new "wall street" casino. of course tesla signed off.

let's look at this, it is spiking. nice move of 12 and two thirds%. topping the s&p 500 in the final hour trade after being second quarter burning testaments. issuing upbeat guidance to investors in a statement, cody's turnaround has been underway for two quarters and they are confident their actions were building a much healthier business. remember, cody's friends include names like sally hansen but also kylie jenner. her makeup, of course has really helped, it downplayed the impact and sales from the coronavirus outbreak for cody. that stock is tumbling after announcing a creative force cofounder of dan houser. leaving march 11. the stock getting hit nearly 5% right now because he's behind such massive gains at the company. grand theft auto and red dead redemption.

check the dow, up. capitol hill, let's take a live look on the floor of the u.s. senate. patrick leahy the verse final remarks over the debate of the impeachment of president trump. the vote on the articles of impeachment are scheduled for the top of the hour. we're 55 minutes away. how can senator mitt romney has become the first in his party to announce he will vote to convict the president. two thirds majority vote however required to remove donald trump from office most experts are skeptical of the democrats will get that 67 vote number needed for impeachment. let's get to edward lawrence. live from capitol hill. mitt romney is the first one to say. >> he may be the first and only one, will have to wait and see how the republicans fall in my care. what's going to happen in 55 minutes or so, you will see the

debates switch to a vote where senators will say guilty or not guilty related to the articles of impeachment. mitt romney as you said, came up in the last hour or so saying he would vote to convict the president on the abuse of power, he did it in an emotional statement on the floor. listen. >> corrupting an election to keep oneself in office is perhaps the most abusive and destructive violation of one's oath of office that i can imagine. and democrats may see some deceptions here for folks who will vote to acquit the president. we are looking at senator joe manchin from west virginia. he still on the fence here. senator doug jones from alabama but he came out earlier today saying he would eventually side with the democrats in his political future on the line. watch. >> president trump left his post with regard to the withholding

of ukraine. white house visit for the new ukrainian president. i will vote to evict the president on both articles of impeachment. in doing so, i am mindful that that democracy, there's nothing more sacred than the right to vote and respecting the will of the people. >> revoke and say this is going nowhere and it will be up to the voters to decide in november how they view this and how the process laid out. remember back when president bill clinton was impeached, that republicans lost majority in the house. >> thank you very much. will be watching for the news at the top of the hour. back to the markets crude oil, finally showing signs of life. it's soaring more than 4% in earlier trade within several higher by nearly half that. 2.3%. seventy-five cents a barrel, an effective drug against the coronavirus has been developed but the world worked out organization is questioning that right now.

crude is up 2.9%. oil dropped into a barrel market on monday for the second time in the past year. the spread in coronavirus in oil demand because china is the biggest importer of crude. crews need to close $59.53 a barrel to get out of its market. right now it's at 5105. with energy at the top performing today because of that crude, notable gainers we should keep an eye on. today it's up four and a half%. is this good news? investors to jump into the oil patch again and what would be the catalyst to help push it entirely out of the market? this is your territory. >> i think the worst is over for crude oil. the coronavirus and even though we saw historic amount of

destruction, now that we see the light at the end of the tunnel, the great economic data we saw today, the demand is going to be good and production will be down. it will be a very bold market. we would be back in the market in a couple of months. >> we've had a great adp number, the private jobs report. it's sort of the precursor to the labor department report. generate jobs, it's far out done the expectations. 291,000 jobs was the expectation was 158,000. i hope we don't get spoiled by these numbers. these are incredible. >> it's good to keep coming but these numbers one to two months after the fact, i'd like to get back to the crude if we can. a lot of oil and gas, a long, long time. i'm afraid as your other guests

pointed out that he sees the light at the end of the tunnel, the big question is, is it light or is it a train coming at us? i think so. i think the whole crude trade is a bit, the sector that's been way out of date. the problem with the oil sector is the underlying commodity itself. it is just an endless oversupply and you have world economies, china aside and it just is limping along in the alternative sources that keeps coming out is also the good. the overall, perhaps the sector is cheap but i'm not sure. >> is going to cite the one thing everybody is talking about, the dirty little secret in today's report, supplies are actually 2% over the five year average. the big numbers is overstated.

>> i don't know. i see an oversupply but let's battle it out the next time we are altogether. [laughter] sixty minutes. we have the industrial up 463. the high on the session with a gain of 426. what i say earlier? eleven minutes ago. we are charging higher. imagine being quarantined on a ship with 3700 other people for two weeks. that's what's happening right now your japan. ten passengers on that ship tested positive for the coronavirus. this is the princess cruise sh ship, they are weathering the storm at least today. one and a half% after the united kingdom here and marilyn said they have made some treatment breakthroughs. but escape from wuhan is getting harder and harder. one man who is top expert when it comes to groundbreaking wars

on the hiv human genome, just got out of wuhan. doctor william is here in a foxbusiness exclusive, wait until you hear what he says about the preparedness of the united states of america. ♪

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we are keeping our eye on the markets right now because we have this breaking news. coronavirus, a trust case has just been confirmed in wisconsin. health agency released that ne news. at the very same time as the centers for disease control has a press conference in california. you're looking at a live picture of that. fairfield is where two flights arrived earlier today packed with hunched a people my american to stop and wuhan as they outbreak worsened. the people are forced to spend 14 days in quarantine at military bases here in the u.s. it continues to have a major impact on businesses around the world. i found maker says it will graduate gradually reopen factories next week but it's one of the suppliers in one of the manufacturers for apple which is showing green on the screen. michael company to pre-holdings, shoemaker adidas say they are

having to close up shop. so is nike. the national president returned from wuhan recently where he chaired the u.s. china summit. you have to tell me what you are hearing on the ground. >> it's disturbing for the people who live there. in terms of the virus, and the public health responses, people are lining up outside of hospitals and sometimes waiting for hours to be seen in the middle of large crowds of people. they are difficult for the people that. >> the chinese is sacrificing an entire problem to avoid the spread. more than 60 million people, they are still on lockdown. that can be a good thing. >> it's very uncomfortable for people. >> very difficult. we have a 12 case breaking just right now.

it's the united states, is the united states adequately prepared to deal with this? >> we are not. we could have been for we are not. >> why are we not? >> didn't take the first two warnings seriously enough. the stars virus in 2003 and 52012, 2013 mers outbreak. get prepared for something else. it happens twice, now it's happened three times. my hope is that we take we take this seriously. >> nationwide distribution of its cdc test, which are really only supposed to be for public health labs but no fair sing okay, we'll share them with hospitals around the nation. today they announced this. this has been going on two weeks. >> i think the serious impact for the united states is only recently appreciated. we could have anticipated this.

it's like a cold virus, it spreads like a cold virus. except this is a cold virus with a bad habit that people who are compromised in the lung function and died. >> is a businessmen from we look at the markets and trying to find reasons for selloffs. right now we are close to the highest of 476 points. a piece of, rocket fuel fat has given this market today and this is the least there is a vaccine or actual cure out there. the world market acclimate station said no. human tests are months away. >> that is correct. it is similar between those responsible. >> but you've got this race for vaccine makers and they are all coming off. maybe it's because the belief is that they have not found a solution yet.

>> my preferred group would be to find out drug that prevents you from getting sick once you are exposed. this is a seasonal event. just like the flu. the vaccine for this year's event will necessarily predict next year's event. but a drug that prevents you from getting sick once you are exposed as possible and i think it is part of the solution. >> if you are there, what's the first think you would do. >> we do have authorities. mostly created preparedness for bioterrorism to fund property approval of certain classes of diseases. i think the first thing i would do if i were the secretary of health was to declare coronavirus to be on the list of those agents that are already covered by all the enabling legislation and rapid approval. i created the first repetitiveness for anthrax.

it took me two years from start to the time the fda approved. we should use that. it's too long for this once but there will be another one. >> the defense from the soviet union. he has created before he was here in the u.s. to help our military and government. he created the strain of anthrax and he said this will get worse in the u.s. before it gets better. you agree? >> i agree. >> how much worse? >> i can't tell you. >> we don't want to blow this out of proportion. it's 12 cases here in the u.s. >> twelve to 50000 people in the u.s. die a year of the flu. the flu is something we know and accept trade we are geared to look at differences more than we are to existing dangerous. this is something new in our brain triggers new and dangerous. that doesn't mean -- i've

favorite preparedness over panic. >> thank you very much. harvard medical school teacher, one of the biggest names in the final hour the coronavirus is not to blame. hoping that 38 months, it's down to dollars 92 cents, investors hope they plan to spin off a similar and legacy drug division. the unit combined 6.5 billion in value but they say we have a plan. we are going to focus solely on the vaccine including keith rouda. after a controversial holiday commercial that went viral paladin shares are spinning to massive gains over the past three months. the interactive fitness bike maker has gone trampled but as they prepared to pull back the curtain after the bell, can it

paddle over daunting mountain that will pop up next wipe out its momentum? a full survey cycling your way, next.

you ready for this? we just hit a brand-new would be all-time? no, for the dow a session high. up 501 points. we are now up 488. s&p 37, comfortably above and all-time record. you've got to stay and watch this. let's talk palatine, cannot infamous ad featuring a slender woman on the palatine bike that her husband gave her for christmas. it's not barely visible in the

rearview mirror. the stock performance in december when the viral ads attacked by sexist, the research that stocks going down to $5 a share. check this, has expected since then? palatine faces its biggest test yet. interactive my company reports second quarter results after the bell. in early december, thomas george put out this week plastic the company, calling it the dumb dumb stock of 2019 while our bull loved it. here is thomas george. president douglas, great to see you both. thomas, i want to begin with you because if revenue comes in even what is expected, which is about $422 million, that's a gain of more than 160%.

why are you such a hater of palatine? [laughter] >> how did they get that revenue? >> i've been blasted with ads everywhere, it's the cost of accusation. if they spent all that money on ads and box stores, that's 400 and some odd million. it's not worth it. >> armor to show you picture that thomas attached to his outlook for us. it's a picture, it's a peloton store near you. correct? >> it's always empty. i always go in there and they always swarming, it's a good one. i should do a time lapse of that picture. always empty. >> we need to confirm that. it could have been taken on a saturday night 11:00 p.m. what you say?

>> thomas likes fake things. he likes his fake peloton bikes. now he likes fake news. it makes complete sense to me. peloton will come in right in the middle to the upper end of their guidance here. i don't think people are going to love it but if you think peloton is not going to stick around and continue to execute, you've got another think coming. >> what is it that you like about it so much? i was looking at the turn great and it's very slow, meaning the people who by and send stop subscribing after one. >> that's very low but what people love about this product is that it has a place in the overall fitness market. exchanging people's lives. there's a change in the community with it. it's so unique and convenient for those who need to work out. >> thomas, i am part of that committee. i have a peloton, i got for my birthday a couple of years ago and i'm still annoyed because i only make in the top 30% of each class but you are mean.

you are calling this dumb dumb. a gym membership in 0% finance peloton package, that's an easy one. is it not? >> i don't disagree, it's a solid offer. the problem is the price. the market for it, it's not that big. you need basically 40% of all american household making over 100,000 to have a machine sitting in that place. that's kind of what it is. those are big numbers. >> i disagree with that. i think it's extremely competitive with your mid to upper and gym memberships. i think it's more convenient for a segment of the market. >> architectural a huge mountain, the expiration where insiders can sell their stock.

are you worried about that? >> no, insiders are going to do what insiders are going to do. this is a long-term play. we have to seek peloton continue to grow and take markets. they have not manager team. there's some real pros here executing day in and day out. >> i bet you disagree. >> i'm going to unload heavy. 40%, they've seen videos and they know what's coming. >> the top is up 14% year to date. will be walking up to the bell, it's expected to lose about 36 cents but when you look at the revenue, 422 million dollars. will be watching all of that and more. thomas george, douglas, thank you so much for joining us. the countdown will be right back. gains of 472 points. ♪

this is a blue-collar boom. the unemployment rate is the

lowest in over half is hundred. we'll house hold income is not the highest ever recorded. >> we got more evidence today about booming economy. the adp private sector jobs report faulting over expectations. this is president trump's sound of the trumpet on the u.s. economy during class might say of the union address. i was after he appeared on speaker pelosi's handshake and before she tore up his speech. it was in saint last night but with today's pending impeachment vote, taking place after the bell and you are looking at senator chuck schumer speaking on the floor of the senate i had a flat. supposed to happen at the top of the hour. so many unresolved issues from healthcare to infrastructure, what anything get accomplished this year? here with her 2 cents to take up security and senator mark, jason teal first.

what did you hear last night that gives you any indication for you can be moved when it comes to any economic department or plans that was really sparking a lot of boom? >> the president couldn't say anything that could guaranteed that. a lot of it will be dependent upon what happens in november. the main thing investors might have heard what two things, one is that the plan won't change. basic economic agenda will not change which is more tax cuts and deregulation and energy independence. i also think the market now is sensing, perhaps prematurely and i think that i what tobacco was part of that. i think there's more and more sense that the economic policies taking place this president will continue. >> what was the significance that you saw, any movement of an opportunity will be could see and an agenda that will further pump up what's an unbelievable market?

some would call it the trump. >> the market doesn't care about the state of the union address or politics running in the background. >> you attribute any of this to the state of the unit? >> absolutely not. i would assume most of it is continued euphoria and dismissal of this coronavirus which is an issue that a lot of my sources are concerned about but we have an issue here where they are heading to highs. the nasdaq yesterday. >> ibm is up 5% right now, united healthcare up 5%. a very nice move. >> a bit of fear of missing out. it seems to be in this one up. some of it seems to be interrupted by the coronavirus as news is that continues to spread. you are talking about the case of coronavirus risk coming out just minutes ago, it went up.

>> up 501 points. the minute we were reported, seven minutes ago, i knew case has confirmed confirmed, aside from a lot of theater and drama last night, we here at the business network are interested in putting that aside, tuning the noise out and simply sank wt about healthcare? what about infrastructure? they were briefly touched upon. >> the honest answer is that without both houses of congress, it will be tough for the president to get those two initiatives done largely because those are seen as home games for the democrats. infrastructure is basically a democratic issue and so is healthcare. >> wife wouldn't the republicans who like and democrats who like it come together on an infrastructure? >> it's largely the democrats that might not want to give the president open.

>> and administration with the president just impeached, difficult scenarios to lay the groundwork for policies to be put into place. one of the things as well talked about was a drug pricing which has been a big issue for the administration and there was a lot of talk about middle-class tax cut and larry kudlow. >> cannot happen? >> i think it can but nothing i don't think -- i wish it were different but i don't think anything is really going to happen this year. i think the shot clock is basically turned off until november. then there may be a change of heart on the part if the president does very well, maybe a change on the part of the

democrats. if he doesn't do so well, perhaps cap change and they'll be able to get something done but until then, i don't think either side will move too much. >> you think there might be more signaling want to get this vote done. >> we can help although gridlock is good for the market. love to have you guys. and your thoughts. appreciate it. please pull up to the window for your order. eighteen minutes before the closing bell rings, and the dow up 468-point come up next, the fast casual chain that's putting the pedal to the metal on breakthroughs this year. when it came to paying for college, a foster child in the south side of chicago, discovered the real bottom line. it would cost him half a million dollars minimum to pay for a four-year university. so how on his own did he secured more than $1 million in scholarship money to attend university and get his masters degree? it must here story and i've got it on my new podcast, it's

available on apple, google, fox news podcast.com. please listen to this story. he's helping students all over doing exactly what he did. he'll tell you how he did it.

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for all you fans, you better get going -- get the getting's good -- whatever the expression is. it set to phase out this popular steak dish by the end of march saying it cannot keep up with demand. what? why do you get rid of it? ceo brian confirming the mexican schedule chain is trying to

figure out how they could out of the dish permanently in the future. all hopes for those of you who love it is not lost. triple leaks at duke debut a new case of blanco product very soon. new quesadillas options should soon follow. there on a saying it will add new to poke lanes to at least 50% of its new restaurants. twice a week my kids are saying, can we go to chipotle. >> i love chipotle myself. we have a big hour. every day something huge happens. this is no different. in the next hour, they will have the vote on the senate floor about impeachment, there's no doubt about the outcome. we are going to follow it with the drama of the day being that mitt romney announced to be the first member of the president's party to remove the president

from office. we will follow the final results of the vote and go back and forth between that and the final results of another big training day on "wall street". when martha joined me at the top of the hour, have acute close we could have a dog record. probably not that but another rough day. >> you are telling me? up and watching the last 49 minutes. it's crazy. we are on track for the record for the nasdaq and s&p. we'll see you at the top of the hour. we'll be right back. don't go away. you've got to see how this one and.

breaking news, we want to take you back to the floor of the senate. which mcconnell is now speaking on capitol hill ahead of the senate impeachment vote at the top of the hour. we will take that vote as soon

as it begins. to the securities and exchange commission, this organization is taking names out as it expands its probe into mishaps with some of the new york stock exchange's biggest ipos. charlie is back with exclusive information on the big things getting entangled. >> i have to do this. that's my story. he really wishes i would rip up the start. >> and go away. >> and go away for once. [laughter] is stuck with me. this is the investigation, the sec into the stock exchange listening and direct offerings and listenings, a lot of it has to do with information flow if these listings are being delay delayed. in that delay whether the advisors of these companies, morgan stan lee, we understand

whether these advisors are sharing information with their customers that essentially benefits the customers. this probe is heating up and expanding in this stock exchange received the subpoena along with designated market, this is not expanding to include morgan stan lee, those two companies in this because they've done a lot of the listings that have come over the purview of the sec they are looking at. there would be times when companies would do a direct and i would be on the stock exchange. open would be delayed. people would be on the floor. the sec is looking at whether in that delay, but there's information being exchanged, whether it be golden facts, whether they are improperly benefiting it clients.

>> was really delighted, was it cooper? >> snapped, i believe. >> there was one more recent. >> the ones we've been looking at is over, snap is obviously one. the big one. levi i heard was pretty delayed. what do they all have in common? not just those but the ones they are looking at, it takes off and has customers betting on. that's the menu they are looking at. on top of that, there direct listings. on top of that you have mortgage constantly in this -- playing a role in each one of the listings they are looking at. this whole notion of i'm not saying it's trading because it's a very specific law. it's not even a law, it's based on -- i don't think there's that when it comes to information of

the direct listings. however, if you are benefiting your customers, a hedge fund of the many management firm. you can tell them about where this thing is going to come up. it could be construed as manipulation and they are clearly looking at that. that doesn't mean they are guilty, doesn't mean the new york stock exchange is a bad place to do business but the sec is looking one other thing i should point out, this thing heated up to the extent that the new york stock exchange, there is communications now directly between the new york stock exchange and securities & exchange commission. liz: i want to know why, we were both at the same super bowl on sunday, i came back monday, and you had to take all this time to come back today? >> here's why. liz: charlie and i were there together. check it. that was fun. >> you know what happened? i have to have my beauty sleep. that is one thing.

it was very, very hard time out there. i was getting up, going to bed at 2:00. liz: you missed my cleveland browns moment. are you kidding? quarterback. bernie kosar. put a ring on it. >> who is he? liz: that was a big moment. that was a big moment. >> i got to hang out with marcus allen. great guy. i got to hang out with ray lewis. guess what who i met on a dan snyder's yacht. liz: quick. >> matthew mcconaughey. you don't think he is good looking? liz: he is fine. go go propreparing to report after the bell. bill studebaker. to the gopro but a related name?

>> one name you need to look at, they used to be heavily tethered towards gopro. they are in market hundred of millions of dollars he ising video processors to supplying computer vision chips going after surveilance and the auto industry that will be in the billions of dollars. we think as that occurs this company will be revalued as kind of a go-to a.i. company. as you recall, mobileye a couple years back was sold for about $11 billion and they had roughly 350 million revenue. ambarella, is 250 million revenue. they have been specced designed, 20 oes on auto side. we think it will be pretty lucrative in years to come. morgan stanley and they put a report out on talked about 150, to 260% revenue growth looking out the next five years. we're pretty excited about am ba

rella. liz: you like blew prism, teladoc. we had two unbelievably bullish days in a roy. even as the 12 coronavirus case announced in wisconsin in the last half hour. are we worried about anything in this market? >> listen, we're climbing a wall of worry. the coronavirus capture ad lot of headlines. not to minimize the human impact on the short term we think similar to other epidemics this will prove to be rather short term and not a structural impediment. most strategists coming into the year were looking for low growth, no growth. we're seeing it differently particularly within our robotics and a.i. index. we're looking, consensus looking for 27% earnings growth in the fourth quarter on a year-over-year basis. that does sort of infuse, kind of easy comps but we think that the industry is ripe for providing disruption for years to come.

liz: gotcha. >> we're a lot more positive on things. [closing bell rings] we talked about this a couple months back that we're pretty excited. liz: most investors if they're bullish or excited today because the s&p and nasdaq closed at new records. the impeachment vote coming up now. that will do it for "the claman countdown." melissa: new records on wall street and history on capitol hill. all three major averages ending the day in the green as the senate about ready to vote on president trump's peach peeve trial. it is impeachment day. the dow is up 483 points, less than .5 percent below its record. i'm fannie-mae. connell: i'm connell mcshane. glad to be back in new york. melissa: i'm glad you're back. i missed you. connell: down sound genuine. she likes having the studio to herself. melissa: that's true. connell: s&p was very close last time we checked to a record at the close and it looks like it will get there. it needed,