you're in the think of it. [closing bell rings] exciting time for technology. gary shapiro. there goes the closing bell even on a day 3.8 million new jobless claims filed for the week. we see a loss for the day but a gain for the month. connell: all right. get ready everybody, we have the results from the biggest heavyweights in the tech world. they're coming up any minute now, both apple, amazon will be reporting their quarterly numbers. amazon, right ahead of that report is just closing at a record high. so we have those numbers any minute now. good to be with you. i'm connell mcshane. melissa: i'm melissa francis. this is "after the bell." stocks falling today amid a rise in jobless claims but it is the best month for the dow and the s&p in more than 30 years. we will take that. plus, at the white house president trump is about to make remarks about protecting the

country's seniors. we will bring you all those breaking headlines as soon as we have them. but we'll kick it off with fox business team coverage. blake burman with the latest from the white house and lauren simonetti is watching the markets. let's start with lauren. >> hey, melissa you started talking about the disconnect between the economic data coming in and where market is headed. there was a sell-off, the dow, s&p 500 and nasdaq lower. but if you look at the month of april, the dow and the s&p are looking at their best month since 1987. if you take a look at the nasdaq, its best month since 2001. it is only down for the year by 1.1%. why? big tech coming in a big way this year. let's take a look at these companies. they're 38% of the nasdaq. facebook was the best performer in the nasdaq. ad sales are stablizing. amazon closing at a record high. these companies, amazon, apple,

reporting momentarily. health care was another bright spot today. gilead is very close to getting fda approval for the remdesivir coronavirus drug. that stock up 1%. j. crew just filed for bankruptcy. we got consumer spending data for the month of march, worst monthly drop we've ever seen. consumers are pulling back. look at this, with the j. crew news for retail rut, gap down 10% today. macy's down 3 1/2%. but, melissa, they said on monday they're reopening 68 of our stores in some states that have reopened their economies as best as they can, melissa. melissa: that is really staggering. j. crew filing for bankruptcy, you know having been such a hot brand. it really shows you the times right now. let me ask you because we're looking ahead, obviously we have a lot of big earnings on deck, looking at apple, what are some of the things you're looking for in that report or you expect?

>> apple will be a big one because they're holding so much cash on hand. they have such a big presence in china, melissa. so we're waiting those numbers any minute. melissa: okay. all right. let's go to connell. he has "fox business alert." amazon reporting their results. go ahead, connell. connell: better than expected sales, melissa is the first thing i would say for amazon. the stock is selling off. some might have to do with the outlook i will get to in a moment. earnings for the last quarter, which were at $5.01. either way that is well below estimates. still looking through that to see if there is some accounting adjustment we need to make but for the moment that would look like that would be a miss on eps. revenues better than expected. stock sales up. for the next quarter amazon says the sales will be between 57 and 81 billion which wouldn't be bad at all. estimate is 78 billion is the

right around the mid point of that. it is having a tough time forecasting where its profit will land. it could go anywhere losing 1 1/2 dollars to making a 1 1/2 billion dollars in the next quarter. the economy is a disaster, but amazon taking advantage of us staying at home. there is a tremendous surge for the business. to put this in a little bit of perspective, the stock pulling back a little bit, melissa, is not a huge deal. it closed at an all-time high when we closed out the session. it is down 3 1/2, 4%. earnings look a little light. we'll come back with more details. revenue last quarter was better than expected. these are considering where amazon is, pretty high expectations at least in this world. more to come but back to you for now. melissa: thank you for that. gary b. smith is with us, kadena group president. he is also a fox news contributor.

and lance ulanoff, live wire.com editor-in-chief. gary b., let me start with you. it was priced to perfection at the end of the trading today. they had to blow the doors off to hang on to that. looks like a good quarter. obviously we're sorting through the eps numbers. that could be a big miss. there might be something in there we're looking for. what do you think about that kind of a forecast for the next quarter? i don't know if it is really a forecast when you have such a wide range, losing or gaining $1.5 billion? >> in 60 seconds connell was talking he did a terrific job kind of summing up where amazon is. they don't know. they don't know, i mean it has been obviously, probably every single one ever us has either used or tried to use amazon to order products, not to mention the services which of course is a big part. we have so many people unemployed now it is tough to say. they will affected by consumer spending, whether it is a,

bricks and mortar or they're amazon it is going to come down. what they're saying is, we don't know. we're still the go-to place especially with social distancing but, you know, it is tough to tell. i think though any investor needs to say, one, this is probably a sell on the news, and two, if there ever is going to be a company that is going to survive both because of their presence, both because much their services, both because we've seen them grow during this crisis over the last six weeks or so, it is amazon. i would say this is a buy and hold for at least my lifetime. melissa: lance, you know, it is interesting, on one hand they have been the most innovative company over time. i mean, in a class with maybe netflix where they started out delivering books and now jeff bezos just has that magic vision for what is the next thing. i mean i remember when i interviewed him, he told me

we'll all be reading on electronic devices, i'm like that's crazy. no one is going to do that. obviously i'm great foretelling the future. then he was moving to the cloud before people knew what that was. at the same time, during this crisis, gary b. made a great point, we all tried to order amazon, i was a amazon devoteee dug strelled to use the service at all because they have been hammered with new business. do they lose some, some people go out there, they try other things because they're so crowded. what is your overall take? >> key word here is uncertainty. we really don't know exactly what is going to happen with amazon going forward because as you said, the business even though it is strong, they're delivering a lot of stuff it's changed. what people are ordering or trying to order are necessities. they're struggling with that. they're dealing with the fact, oh, two-day ship something not two-day shipping anymore. people understand because of things going on. even in the business itself,

they're transforming themselves just to stay healthy. if you think about these plants, there are robots, doing something. there is a lot of workers. they have been implementing all sorts of strategies to keep people healthy and working at the same time. those do not come cheap. they will continue to spend money on that in the coming months. it is hard for me to conceptualize, what is trajectory of the business? no one will walk away from amazon, no one wilson otherrerring from them but how they will maintain, keep the business going in the age of the pandemic, we don't know exactly what direction it is going and how safe for the factory workers and amazon trying hard to make it all work. i'm not surprised they did well, the quarter just passed, only part reflects the reality of this current situation. i think future quarters will be much more littlelous interest tiff of what is actually happening -- illustrative.

melissa: the range on what profit is going to be, you don't know the costs, that is the point you're making. you don't know what it will cost you to have people do these things, ship these things. good problem to have, i guess. it is a lot of business. stand by, guys, thank you so much. connell, back over to you. connell: i will add one more thing what you guys talking about outlook for amazon. we have breaking results coming out for visa. that is about that outlook. to put it in perspective what amazon said in a normal second quarter of the year they would expect to have operating profit of somewhere 4 billion, somewhere around $4 billion but in this environment they say we could lose one 1/2 billion or maybe we'll make a profit of one 1/2 billion. that is the range they're giving. they say if it was normal, if we weren't going through what we're going through now, we would have a four billion dollar profit. that is kind of perspective amazon gives us. to the breaking results from visa. the credit card company out with better than expected and revenue for the last quarter.

dollar 39 a share and 5.98, almost $6 billion in revenue, both better than expected. stock not moving much. yesterday mastercard reported better-than-expected profit. payment is up 5% at visa. a surge in number of transactions processed by visa. maybe a lot of people using the visa card to shop on amazon. more earnings results when we get them. we're bracing for another high-stakes report later in the hour. that one would be apple. it is reporting the quarterly numbers, if history any guide, bottom of the hour when the tech giant comes out with a report that certainly could be impacted in a big way by the pandemic all around the world for apple. as soon as we get numb betters we'll have them and the reaction for apple. so those are coming. then a rare joint appearance, governor of new york andrew cuomo and the mayor bill de blasio, briefing reporters on a plan to safely reopen this state's economy. this was earlier today. the new effort includes contact

tracing and sanitizing of public transportation which has been an issue the governor has brought up a lot this week. it requires the subway system and city to be shut down from 1:00 in the morning to 5:00 in the morning during the pandemic to clean out subway cars at least once every 24 hours. more coverage on the pandemic. more coverage when we continue. we'll be back. i don't want any trade minimums. yeah, i totally agree, they don't have any of those. i want to know what i'm paying upfront. yes, absolutely. do you just say yes to everything? hm. well i say no to kale. mm. yeah, they say if you blanch it it's better, but that seems like a lot of work. now offering zero commissions on online trades. we charge you less so you have more to invest. ♪ avoid sick people... and touching your face. there are everyday actions to help prevent the spread of respiratory diseases.

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connell: "fox business alert" from washington. president trump is at the white house. about to get going with an event where he calls on the america to protect the nation's senior citizens from the covid-19. blake burman monitoring all things trump administration and joins us with the latest. reporter: hi, there, connell. as we look forward to what the next potential relief measure could look like i'm told by white house officials earlier today, the plan might not come this week. may be next week. meetings are occurring between the president and economic team. officials note how federal money is has not been spent. they want to monitor the pp loan burn rate. they want to see what happens when the states begin to reopen. one top white house economist said earlier this morning when

the april figures reveal next friday, that number should be around 19%. when asked about that number be president trump chose to look ahead at the end of the year. and point the finger at china what happened in the beginning of the year. >> i think we'll have a great third quarter. that will be a transition. so when i say great, i think the transition will be really terrific. we'll take it into the fourth. i think we'll have potentially a great fourth quarter. i view what we have now obviously a period of, here we are. it is what it is. we just got hit by a vicious virus that should have never been allowed to escape china. reporter: you mentioned that event. the president is set to host an event momentarily about protecting the country's seniors, who are as we know most vulnerable to covid-19. connell, melissa, you have a host of news. let me leave you with this. the video of the vice president earlier today. remember he went to the

mayo clinic on tuesday and didn't wear a mask. he received criticism on that. vice president left side when he went to gm, vice president showed up with a mask. back to you. connell: there you go. they say wear a mask, wear a mask. blake burman, thank you. melissa: facing bipartisan backlash. lawmakers are demanding answers from cal gavin gavin newsom over a quiet one billion dollar mask deal with a chinese company. that is coming up next. a look at amazon down after-hours after big miss on first-quarter earnings and beat on revenue. the e-commerce giant spent more hiring workers and increase in pay and a surge of on line shopping during the pandemic. ♪. one. you always drive this slow? how did you make someone i love?

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♪. melissa: questionable deal made across the pacific. california governor gavin newsom agreeing to spend a billion dollars of taxpayer money to buy maybe 500 million masks from byd, a chinese automaker backed by warren buffett. the first shipment of just 3 million masks arriving in the state this past weekend. here now is bill mcgurn of "the wall street journal." he is a columnist and contributor. here are the facts we know to date. the state so far has wired $600 million to the company. they have received only 3 million masks. they're not even the n95 according to reports. they're just regular old surgery masks. this company promised they could make five million a day somehow, even before they were making electric cars. they have only put out three million. and you know, for the record 3m makes about three million a day. what do you make of this like this. some in europe are complaining

when they get goods from china say, the most troubling thing is the secrecy. tell us why you made the deal, when you made the deal, what the pricing was. today on amazon they're offering a pack of 50 masks for $38. so clearly looks like china way overpaid. the question were they overpaying when they ordered? you know, when the masks, masks became mandatory in my state, did it overnight. i had no idea where to get them. i had friends from overseas sending them n they probably paid a premium price for panicking, doing it a month ago than they would if they had did it today. plus all uncertainty about the production. we do have in the u.s., shipments of goods made here being intercepted by fema, directed elsewhere. so it just seems like a mess. but the real way to handle it is to be open about when they made the contract and why. melissa: it lists bizarre that,

you know, he took the word of a company that doesn't make masks, that makes electric cars. they said they were going to do a better job, a faster job of producing these masks than the largest mask maker here in the u.s. and we didn't have any details how were they going to turn the car company. a lot of car companies here were saying that they were going to turn to other production. >> right. melissa: but these guys were promised to do it even, even better than people who actually make masks. based on that, they sent money overseas. i mean that is really, what i would be like, i don't know if you can really do that. you know, when it gets here i will pay you. >> right. melissa: today, they don't have masks to show for this. they have three million masks that aren't good kind everybody is looking for. >> melissa, i lived in hong kong for 10 years. the amount of people who trusted china to deliver something at the time they said at the price they said would have been gypped, would be would stretch around this country.

so it does seem, could be just another china rip off. melissa: yeah. bill mcgurn, thank you for that. connell. connell: we have a few minutes to go until the huge earnings report comes out from apple. trading ahead of its numbers. almost like a economic report some ways. we can learn so much from apple, first time reporting of the outbreak hit us here in the united states. comes as hundreds of apple stores close around the world. as campus life remains at a stand still we'll look at how colleges are preparing for big changes no matter what in the fall. cashing in on a growing trend. chik-fil-a is rolling out a 15-dollar meal kit as millions of americans eat at home. starting monday, the customers can order chicken parmigana kit,

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the first and only formula with adaptagrip cushioning technology. choose new poligrip cushion and comfort. ♪. connell: back here with a "fox business alert." we're standing by for news as we like to say. apple almost always reports its earnings right around the bottom of the hour. we'll not be doing anything else. we'll wait until the numbers come out. we'll go to susan li for them as soon as they are released. as we wait a few seconds most

likely, apple saw the problems of the virus coming. they were dealing it over in china. they warned us this revenue this quarter would be below where it would be. that is baked into. want to see if they say anything about the future. how hard their sales of iphones and other things were hit. but here come the figures from apple. they are just crossing right now. susan li, what do we see? >> beat on top and bottom lines for apple. in profit, the actual number, they made 2.55 in earnings per share. that was ahead of estimates. we were looking for 2.26 in the quarter. revenue ahead of sales, 58 billion this year. analysts were looking for 54 billion. increasing buybacks by $50 billion. now in the quarter, you have to call it strong because they saw growth, experienced problems of covid-19 first in china and then

spread around the world and now the u.s. as well all-time record when services and wearables. those are shall we say the bright spots. a fortune 140 company according to tim cook who i spoke to on the phone. bring in quotes from my conversation with tim cook. he highlighted services in particular. he says the services business had an all-time record. 13.3 billion. 17% increase year on year. we have over 515 million paid subscriptions across thema platform. that is 125 million year on year. no guidance though in this report card. if we bring up the quote on guidance, we have lots of confidence according to tim cook at least in the long term. we have very list visibility in the short term. so because of this we're not guiding which we typically do as you know. we have, but we're going to do this not this particular quarter because it would seem to send a signal we know what is going on

when in reality it is hard to see out the windshield what is happening right now. in terms of china, in march he says we reopened stores there. we actually started in february reopening stores. they were all reopened by mid-march. we saw a beginning nice recovery in march in china. we've seen further recovery in the month of april. so that is how china is going. our supply chain is back off, back up to full speed before the end of march, which i think is encouraging, given they released three devices during this quarantine and covid-19 spread and including the air mac, macbook air, pardon me, iphone se release. in terms of the economic recovery here in the u.s. i'm optimistic about the recovery here in the united states because of stimulus programs that have been signed into law. so i'm optimistic that the u.s. can recover. i'm not an economist. i'm an optimist, that i am first to admit. here in the u.s. he is optimistic. what about stores reopening?

that is pretty much limited the device sales that they have seen in the first three months of the year. they reopened south korea a few weeks ago and they only have one store there. the next stores open will be australia, austria. we will have all the stores open in australia. then vienna, as you see yaw. then city by city in the u.s. they will have stores open somewhere middle part of may. that is just a few. it has to ramp up from there. only if it is safe to do so. he is optimistic things can recover here in the u.s. in terms of device sales heading into year-end, september, october, they don't obviously talk about device releases but it sounds optimistic. connell: really good insight from susan li that conversation apple for us and conversation with tim cook. susan, we appreciate that. melissa, take it away. melissa: yeah, great reporting. gary b. smith and lance ulanoff

are back. lance, it is almost annoying how good tim cook is. i mean he just crushes it. they have so much china exposure. that was such a big concern, and he absolutely crushed it. talking about reopening those stores gives everyone hope. what are your thoughts what we just heard? i want to cry i'm so happy? >> yeah. definitely did well. really an interesting story because year-over-year iphone sales a little bit down. sales on the other hardware a little bit down. wins are in services and washables. services, we're going to use a lot more services stuck at home. just the way i was thinking with amazon and apple there is a level of uncertainty now. yes. this quarter they did well. i never bet against apple. we never know what people's economic situation will be over next six months.

apple is working on the next iphone. it did do something really interesting in the near term. we have the iphone se. second generation iphone. 399-dollar brand new iphone just released which could not be better timing. apple may set itself up for series of stronger quarters, the way it is positioning things, even if for example, iphone 12, whatever we're calling it, does slip because of supply chain issues. melissa: gary, drill down on that a little bit. we're looking at numbers up on the screen. you see a big huge beat there, on both earnings and revenue. i will say it again, looking at my gosh, this thing started in china. if one company will get hit very hard is apple because they have so much exposure. look the way he managed out of it. >> exactly. lance made good points about how

much of their growth i think is coming from services. this is really a tale of two companies, melissa. it is kind of a half of a hardware company. and i kind of discounted it because i had an iphone 7 all along, my gosh, in the last week, maybe i was, kind of predicter of the success. i got an iphone 11. the point about that is, they are kind of this half hardware company but it is kind of hardware people can't seem to live without. you know it, i know it. you go out and see people standing around, everyone is on an iphone, not an iphone but phone like this, whether it is that or samsung, but most are iphone. you have that services part. they have gotten in everything from apple pay to apple music. they're not afraid to try new things. apple tv looks like kind of a whiff to me. i don't think there is buzz about that. you're exactly right. tim cook managed his way having

so many fingers in so many different areas, you know, lance is right. who knows what the consumer spending on the hardware side is going to be like coming out of this. it is kind of like amazon. are people still going to shell out the dollars. again, this is another, this is kind of way below its all time, not way below, but below its all-time highs. this is another stock you have to just buy and hold. melissa: connell? connell: i'm listening to you guys talk. i think a "fox business alert" on consumer spending. if gary b. smith feels good enough about the world to go from iphone 7 to an 11, then everything is going to be okay. >> i'm an indicator. connell: we're going to be okay. so apple did, gary, boost its dividend, raised it to 82 cents. okay'd a buy back program a 50 billion-dollar boost in the buyback program. you mentioned buy the stock, right now at these levels, you would buy more apple? >> yeah, absolutely.

the other point, you talk about the buyback this, is very similar to amazon. they also have so much cash on hand, it is like they can weather any storm. it is really, they're two really incredible companies. connell: lance, finish us off here on the future because apple, you know, as melissa said, he is up front about it, this is what we're doing now, not really sure what the next quarter will look like. longer term pretty optimistic american economy bounces back. he didn't give us an outlook. maybe the stock is not off to the races. what is it reasonable to expect productwise for the rest of this year from apple? 5g, what is reasonable to expect? >> so i feel like we're a little bit in uncharted territory obviously. we'll not have apple's worldwide developer conference which kind of is sort of a table setting for how the year is going to go because it lets us know about the big changes we're making. operating system, leads to

changes they make in hardware. we're not having that. digital version of something like that. everything is a little bit out of sync. i heard some rumors whether or not the iphone 12 will ship on time. most recent one, maybe it is a month late. i don't think it really matter, because they will still be able to by the fall introduce that. they will have probably an update to the airpods, which are super, that is washable, super, super popular. probably an update to the apple watch. all these things are on the drawing board now and probably some of those things are in production. those will happen. the big question is timing and consumer interest. like i said apple is releasing some products. we have a new ipad. we have the iphone se as i mentioned to keep people in the apple loop. what are people buying a lot of? apple music and icloud storage. they have a bunch of products that fill the gap. the big question what we see brand new in the fall?

i think there is a little bit of uncertainty there. connell: speaking of uncertainty, after initially gaining ground stock after-hours fluctuating now between gains and losses. lance, gary, great analysis as always. thanks to you both for coming on. melissa. melissa: a path forward. we'll talk to the ceo of lifetime gym about his plan to reopen for business. so stick around, we'll be right back. ♪. . up and down. depression to exuberance. and you could name many, many cycles like that over the years. my generation, having come through so many wars and so many things... persistence. it's the heartbeat of this country. stick with it. ♪ let's be honest. quitting smoking is hard.

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melissa: "fox business alert." another look at apple following second quarter results. ceo tim cook weighing on the future of the economy, optimistic that the u.s. will recover after the pandemic. let's go back to susan li in the newsroom with more on this. >> i also took the opportunity to talk about covid-19 and contact tracing program and software they're building along with google in the software schisms. here is what tim cook said, this is another tool in the tool kit to get the economy back up. we knew it would be bigger if we could work with google. this week they launched a beta version of this contact tracing software will be available for governments and a final version sometime in may. talk about work from home. we know services saw a record quarter because people are

staying at home, streaming more, listening more to apple music. he said the pandemic cut services to two different groups. one group benefits with more people at home. this is like tv pods he says. if you look at number of views of different content and engagement with content is growing significantly. the other side, closed stores, repair locations closed as well, that has impact on apple care. secondly, advertising took a big hit. we saw that with facebook and alphabet as well in terms of earnings so far this beak. what about the three devices that they managed to release in these quarantine times? they managed to release that new macbook air, ipad pro and of course a cheaper iphone, iphone se. 399 with the strong chip. i asked him about demand it has been strong so far despite building new muscle how they launch it. they usually do it with glitzy launch event this time by press

release. we've been incredibly pleased how it came across so far. it is taking our engine, which is iphone demand, if you will from our top phone which has powerful chip of the a-13 bionic going in iphone 11, putting it into a smaller phone at 399 into a smaller form factor with touch i debe and so it's really appealing. this is the second largest company in america and in the world and look at cash on hand increasing buyback program, 40 billion, 50 billion pardon me. adding that to 40 billion remains from last year's repurchase program. this company still has $183 billion of cash on the balance sheet. how many companies can say that? melissa: i wish i had 183 cash. thank you, connell. connell: i thought you did. talk about reopening the

economyaway we've been talking about so much gyms in states like georgia, oklahoma. they have can open up, let people come back in to work out starting tomorrow, despite the you sneak challenges that industry nations containing coronavirus. we're joined by the ceo and founder of life time fitness. good to see you, sir. lifetime is a chain that is all around the country. so let me start with those states in which you're allowed to reopen. so say you're allowed to reopen tomorrow, a, are you planning to reopen right away, and then b, what's your thought process as you talk to your employees and your members about how you're going to reopen a gym? >> that's a great question. thank you for having me, connell. we are really not as sensitive to when the state says the club or gyms can open or not. we're more focused on what the members think and what the team members think and are they ready, confident, that they can go back to an environment and be

safe? all our focus is learning about that. we'll deliver the most incredibly safe environment we can possibly create, adhere to ault social distancing with our very large clubs as you know. we can provide more space per person than some of the businesses that they have to go to like grocery stores, et cetera. however still all depends on the, the desire of our members and our team members. we're conducting a -- connell: did you do a survey? >> we're planning to send a video out as early as tomorrow morning to those states like oklahoma, later maybe in nashville or utah where we're going to have the first clubs that we'll try to open but we'll try to open those but having full communication with our members, team members and make the decision for the exact date we would open based on that

intel. connell: what kind of things are you looking for in the survey how you will make the decision? i read, some much what you said, you've been fairly outspoken. seem like your personal views are to the side, hey let's get the economy back up, running again quickly as possible. you said we can't be driven bit fear that surrounds this virus, what have you. you want to get back at it but what are you waiting for your employees or members? >> that is a great perspective. i want to go back. i'm not a doctor or epidemiologist. i went to school for engineering. it is all logic. the logic says we do need to open thought fully and intelligently. i've been consistent on that. needs to open in a way that doesn't require another phase of shutdown. in order to open you have to open safely with a detailed plan. tough put in all the measures. we did the social spacing,

social distancing. for a good reason, to learn about the virus, how it works, to get hospitals prepared and therapeutics going. connell: and -- >> get the ppes. the clubs will have masks for members and team members. we'll have all the cleaning it requires to make sure you feel as safe as possible. we'll have apps that allow members to see when the club has high traffic or low traffic. we'll have proper spacing for classes throughout the whole club. we have a section on our app you can go in to do a dying no, sir tick check -- diagnostic check cdc says. we're doing everything you expect a high-end company would do before you open. we certainly believe in getting the country, getting going, but we have to get the country going

in the right way with the safety and make sure we put this time we have taken to go to social isolation toe good work. we don't want to come out of it as a cowboy. connell: understood. good luck with all of that. full disclosure, i'm a lifetime member of one of your facilities in new york. everybody wants to come back to the gym. we haven't been working out as much as we like. we haven't been doing -- >> we love to have you back. thank you very much, connell. connell: got it, melissa. >> connell, such a showoff. nascar announcing may 17th return to racing without the fans. joining me on the phone, jared max, fox news 24/7 headlines reporter. we're desperate for anything competitive this is fantastic breaking news even if they don't have fans in the stands. how excited should we be? >> melissa, i haven't been excited for a car race since the

cannonball run. sunday, may 17th on fox. darlington raceway, darlington, south carolina, 18 days from now. 18 days from now, race is going on. nascar will have 11 races in seven dayses. not only sunday racing, midweek racing prime time on fox and fs1. this is likely to set a tone for sports leagues and americans at home. students making up lot of work short periods of time. sports season everything is the play offs all the time. turns lemons into the best year for sports fans ever. governor roy cooper said with decline in public health, memorial day weekend for 60th straight year. that will be the longest streak in flat car. that is charlotte, raceway. all the races are in carolinas. they don't have to do too much

travel. darlington on the 17th, tuesday the 199th, western the 20th. they go to charlotte for four weeks and four race i should say. no financial loud. social distancing. i wonder what media access will be like? because sports on tv, radio, streaming will become more important than ever right now. nfl draft, we saw the shattered records. we're starving for sports. we're not performing brain surgery. we are professionals, know how to ask questions to help translate questions about the games and athletes and that people care about and know about. critical that media and sports go hand in hand. i wonder how it works out. >> jared, i can hear the excitement in your voice. so wonderful to be reporting on something opening rather than closing. jared, thank you so much. we'll be right back.

copp congress all right. we are back here with a look once again at apple. one of the things that's interesting about apple, we were just looking at it there, is that the stock after we reported earnings or susan lee told us about her conversation with tim cook, the ceo, initially reacted by gaping ground because the -- gaining ground, 255 a share, 58.3 on revenue, 54.a 5 estimate. so you were much better than expected, stock goes up. there could be a couple things going on, but one of the questions about apple was would they give us any idea what the future held, and tim cook said longer term he's fairly optimistic about the american economy bouncing back, but shorter term he doesn't have enough advise9. rather than giving us wide-ranging guidance, apple said we're not going to give any guidance for the second quarter. instead of knowing what's coming, apple just said we don't know what's coming, and for many

of us right now we can certainly relate to that. but strong numbers, melissa, in the last quarter for apple. in fact, very strong all things considered, but maybe the lack of guidance has led to a little bit of a selloff in the stock. melissa: yeah. connell: emphasis on a little bit. it's not down very much. melissa: i think one of the most interesting things about the report, right, is it's not necessarily about the forecasting, or because that's so hard to do, but in the actions. and when, you know, i was writing down when he was talking about the supply chain being all the way back up to full speed by the end of march and talking about reopening stores, how he thinks he's going to be able to reopen mid may in the u.s., that they were already reopened in china, and just that wave of sort of recovery and return to normalcy that you see them making those actions. here's our plan to reopen, to reopen, to reopen as opposed to what we were seeing before that was all the closing and the waves of closings, and we have no idea when we're going to come back, it definitely feels like

we've turned the a corner. connell, i'll let you bring it home. connell: yep. and sometimes we watch china to see what they're going to do. we've already seen what apple's done in china, "lou dobbs tonight" starts right now. thanks for joining us. ♪ ♪ lou: good evening, everybody. as of tonight, there is no question that fbi agents and some of the highest placed officials in the agency tried to frame general michael flynn. an explosive new court documents are up equivocal evidence of rampant political corruption within both the fbi and the department of justice. these documents reveal the fbi actively tried to entrap, and succeeded in end trapping, former national security adviser general michael flynn as participant of their larger plot to -- part of their larger