dow still see as gain of 41 -- 481 points. [closing bell rings] a wild day where reddit favors broke down. a fade if you will of the reddit trade. that will do it for "the claman countdown." let me send it over to "after the bell." connell: a rally on wall street. the market frenzy continues to reverse course as well today. now uninvestors are looking at two of the biggest names in technology. they're about to report their results just minutes from now. we are all over all of that. at the close the dow is up on the day by some 476 points. off the highs, but still a fine gain for the dow. the s&p is about 1% from record territory after rising 52 points in today's trading session. nasdaq was fighting for a record close. coming up short. needed to be up 232 points for a record. instead closes higher by 209 points. that is still more than 1 1/2%.

any moment now numbers from amazon and google's parent company alphabet. amazon could be look at the its first 100 billion-dollar quarter. we're waiting to see how alphabet benefits from the work at home trend amid a political crackdown on the company. alphabet hitting all-time high in the stock market up by 26 bucks. let's look at the so-called reddit revolution, see how those stocks fared as we close out. gamestop and amc plunging 60% for gamestop and 40% for amc. silver giving back gains after eight-year high, down 8% on the slv. great to be with you. we have a very busy hour. welcome to "after the bell." i'm connell mcshane. here is the news that is happening at this hour. fox business team coverage, blake burman in washington, susan li in our newsroom in new york and edward lawrence at reagan national airport and grady trimble with a very interesting story from

new mexico today. we'll get to all of your reporting. first up big earnings reports from amazon and alphabet. we'll get straight to our panel as we wait for numbers to come in. adam lashinsky from business insider is here. a fox news contributor, full disclosure, always say this on earnings day, adam is a google spouse talking about google. alex english, "barron's" financial reporter and fox contributor gary kaltbaum from kaltbaum capital management also. two of the biggest names, adam, start with you in the technology world in a few minutes. amazon followed by alphabet. get us started on amazon. we await the results with possibility of 100 billion-dollar quarter. what do you think is the most important thing to look for? >> we're back to the real, unreal economy, connell, right? these are not meme stocks by any stretch of the imagination. they're extremely valuable stocks because of how well the companies are doing.

most important thing looking at amazon what it has been for many past quarters, aws, amazon web services. they are the big gorilla in this field. the world is moving digital. bigger companies are moving digital. this unit of amazon has been growing at a rapid clip. if we see it grow at another rapid clip the stock will do well. liz: here comes the amazon numbers. carlton, gary, they're just crossing right now. in the fourth quarter the net profit comes in at $7.2 billion. the sales figure is 125 billion. $125.6 billion in sales in a single quarter for amazon. that is, that is better than expected. i will go through some segments which are crossing here in a moment as well. there you go, carolton. 125 billion in a quarter. it was holiday quarter. the stock is selling off a little bit, down by 3% after

being up in the regular a session. go ahead on amazon. >> this is huge number. after apple last week with 111 billion. amazon, 124, well above what analysts were projecting. 40% of all e-commerce sales are happening on amazon's platform. look at amazon prime day typically held into the summer, pushed into october for covid related reasons. huge push for the company this year. like adam was saying i definitely do want to know a little bit more about the cloud business because i believe cloud is going to be the story of this quarter especially in light of microsoft's results last week but, yeah, it looks like right now i understand it is selling off a bit after-hours but a huge, huge number for amazon today. connell: really is. 125.6 billion in revenue is a gigantic quarter. the earnings per share, gary,

came in at $14.09. we're making sure if it was comparable to estimates. if so, almost double the estimates in earlies of eps from analysts. a couple things were interesting. we were looking, here is the headline of the day that is interesting. amazon's founder and ceo jeff bezos, gary kaltbaum, ready for this, will transition to the role of being the executive chairman in the third quarter. andy jase will become the ceo of amazon. i was about to say something else entirely there. looking at some segments. that headline crossed four minutes after four on the "dow jones newswires." there you go. now we have a headline. gary, take it away. >> which means i don't know. look, titles are titles. not like jeff bezos is going anywhere. these two companies, i have one word, juggernaut. these numbers are jugger --

naseous i made up a new word. amazon is down initially. it is up a bit now. google numbers were gargantuan also. we have in rarefied air with these companies. their valuations, their market cap, you name it. they're just ability to dominate when they get into other things. now google's messed up a couple of things but their prime stuff they just kicked and amazon, all i can tell you my neighborhood has 40 vans each day with the word amazon it. they are doing something right. connell: that is great tease, gary. we'll talk about google in a minute. those numbers look like they're huge. adam, you want to take this, jeff bezos, transitioning out of the chair at amazon? >> i do. what seems like a lifetime ago, a minute ago i said the story was aws. i had no idea this andy jase

promotion news was coming. andy burst this aws business assistant to jeff bezos. he run the business. he built the business. now he will be ceo of amazon. don't take my word for the importance of aws, the cloud business to amazon. this is jeff bezos' opinion of the importance of cloud business to amazon. he is naming his deputy to be ceo of the company. connell: that is really interesting. the successor becomes, boy, carolton, you were mentioning this. aws already important segment of the business, aws, amazon web services. we know that is the direction the company overall is in. i don't know as much about andy as adam would but that is interesting. one more word about amazon and we'll move on and get the google figures on. >> i really think it will be jeff bezos story, what he is going to do next obviously. obviously he will be with the company.

definitely interested to hear more about that strategy. more what amazon sees for the cloud. we know it will be a huge business. it is a huge business in silicon valley. it is the future. curious to hear more what amazon is thinking about it. connell: i get you to in a second, gary, but you want to take that, adam, also, just having followed this company for so long? where is jeff bezos going or what is next for him? he has a lot of other business have beentures of course. >> he does. we've all known about this for 90 seconds. i'm sure there will be some really interesting reporting on what the backstory is. one of the back stories that jase was so successful. he was named ceo of amazon web services. it didn't change what his job was. gave him a bigger title. probably helped keep him at amazon as opposed ceo of another company. he will be ceo of aws. some people speculate there could be antitrust action at some point that would force amazon to break off aws into its

own company. so maybe people will say, now that jazz sy is running the whole thing, amazon is putting foot down we're not going to do that. the way facebook said we have in intention of breaking up. maybe it is just the opposite. it starts setting the table for jeff bezos to run that company down the road. i wouldn't rule out there is something more to the story. bezos has been through an interesting personal and professional time over the past few years. there could be something more than. >> can i mention, all the talk from d.c. and break-ups, all kinds of things over the head, the break-ups would make the stocks go much, much higher because valuations get unlocked. i think youtube was bought by google for 1.5 billion. some people are saying it is worth 300 to 400 billion. so washington, d.c., i dare you, a lot of people make a lot of money on higher stock prices.

connell: gary, you want to stay with alphabet for a moment. you mentioned a few minutes ago that the earnings were strong. you're right. google with 22.30 a share in profit. 15.90 a share was the estimate. the revenue there at alphabet at $56.9 billion for the quarter that too is well above expectations. so you know, we'll continue it. we can talk about both now. this jeff bezos news kind of takes things over a little bit. it will be on a lot of people's minds. gary, quick word on this company and this stock which is skyrocketing higher almost 8% after-hours? >> the amazing part about this, wall street is kind of efficient with some of these bigger companies on guidance and not necessarily being close every quarter but in a certain range. these companies are blowing the doors off and for the size of these companies to grow their businesses at the rate they are growing, just amazing. by the way, microsoft did the

same thing also, especially with the cloud site. without a doubt, i go back to my word juggernaut. there is a few names out there and they just continue to deliver. i used to think there were caps on where these companies can go as far as size. i don't think there are caps anymore. they keep getting the job done. it is amazing to watch. connell: also amazing, carolton, how quickly we go spending 24/7 talking about where gamestop's stock is going to trade or what silver is going to do or what everybody is talking about on reddit but is today kind of back to normal day? what do you make of all of that or is that story far from over as well, what do you think? >> yeah. i don't know the gamestop story is far from over as far as doing rehash what happened, when went down with robinhood, but when you look how the market is reacting in today's trading, i mean the broader market i think

we're going back to normal. some fund managers i was talking to taking risk off the table. looks like today maybe they reentered the market. earnings matter again. something we joked about last week where you had a blowout quarter from apple nobody is talking about but now we have huge, huge numbers from amazon and alphabet as well as the news we just got from amazon. i think fundamentals may actually start to matter again. looking at alphabet i will be interested seeing break out of cloud business. this the is first quarter they're breaking out that segment. it will be interesting to see how they break out on the call today. connell: speaking of calls, susan li is actually hopping on a call from the cfo. she was going to join us. she is not joining us. hopped on the call with the cfo on alphabet. we'll get details on what you're talking about. there are three operating segments in the company and different how they reported in the past. before we move on, adam, one

more word on amazon. we focused when we took a step back when we saw the headline jeff bezos will be transitioning out of the ceo role. a guy by the name of andy jazz sy running aws. what is interesting about the numbers. maybe why the stock is not off the races after-hours, almost everything was great versus expectations except the aws revenue. they had a huge number, 12.4 billion revenue but that was actually a little bit of light compared to the actual estimates. looking back to the last quarter it was not the greatest quarter in terms of estimates for amazon web services, adam. >> sounds like what you're saying is, perhaps that it didn't shoot the moon compared with expectations. we see this happening to far away market leader. we may find out from google, that they are putting a ton of effort into it. we know microsoft did but so, i

don't know. my hunch is that to the extent this is a problem, it's a problem versus what investors expected as opposed to a real problem with amazon web services connell: yeah, i think that is fair. that was interesting. jeff bezos is transitioning to executive chairman out of ceo role. andy jassy, chairman in the third quarter. we appreciate it, guys. we'll revisit some with the after-hours trade as we continue here on a busy "after the bell" but we have a lot of other stories to get to including the enforcement of stricter rules. passengers are facing a new penalty for not wearing a mask on public transportation. we'll go through the details on that next. plus we still have 70 million people digging out around the country. a major winter storm continues its assault on the northeast today. we'll update where things stand. from wall street to the big screen, hollywood is already talking about making a gamestop

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what has become our top story this hour. jeff bezos is transitioning out of the ceo role at amazon. it has been announced. andy jassy, ceo of amazon web services. he will take over the third quarter of the year. jassy has been there since the late '90s. running amazon web services since they started it. as adam lashinsky talked about, that would be the company taking over for bezos. all we heard so far, bezos, maybe more to come, as he transitions into the role of executive chairman. he will poke it discuss on new products and early initiatives as he put it and some other passions. he has a lot going on, jeff bezos, he will have more energy for the day one fund, bezos earth fund, blue origin, his space company. "the washington post" which he owns. speaking of other passions, literally said that other passions as well. that is just it on jeff bezos stepping down as the amazon ceo but staying attached to that company and to other companies.

we'll have more on that as it develops. we also today have a warning from overseas. british officials say the country's covid variant pick ad new mutation and smaller number of cases. one also detected strains in south africa and brazil that could weaken vaccine defense. we're certainly following that. here in the u.s. the country recording its deadliest month of the pandemic. 95,000 lives were lost in january alone. there are those signs of progress. hospitalizations continue to decline, hitting the lowest point in over two months. cases trending downward in at least 45 states now. on the vaccine front, cdc says more than 26 million americans received their first shot. many states are looking to accelerate their vaccination rate though. in response today we heard from the white house saying it will begin distributing a limited number of vaccines directly to pharmacies around the country. then we heard from pfizer, pledging to deliver 200 million

doses of its vaccine by may. two months ahead of schedule. moderna asking regulators to allow it to increase numbers of doses put in each vial by 15%. supplies should be going up on the vaccine front. all this as a new set of rules on public transportation have going into effect today. edward lawrence picks up on that part of the story. he is at reagan national airport in d.c. edward? reporter: what is the old advertisement, don't leave home without it. you need a mask if you get on to airlines and airplane. the airlines require that. up until today a mask was a recommendation at the tsa checkpoint behind me at reagan national airport. now it will be a mandate. some airports around the country already mandated masks and most people are wearing masks which is the reason some travelers questioned the actual mandate. listen. >> i don't think it should have to be mandated. people will wear masks if they should be wearing masks or if they have to wear a mask f you're a business and you say

you got to have a mask to come into your business, you don't have a mask on, then don't go in that business. reporter: talking about personal choice there. president joe biden did sign the executive order on january 21st, making it official you have to have a mask on planes, on buses and on trains. one of the white house advisors on covid says it is just the right thing to do. >> this is a very meaningful step. it is also a patriotic one that improves safety and demonstrates respect for those around us. reporter: there are some exceptions to this. you can, when you're eating take off the mask to eat obviously. also if you're in your own car. you don't have to wear a mask. if a truck driver is on a business route, the only person in the truck he also does not need to wear a mask. connell? connell: edward thank you. we'll move on to the white house. edward lawrence there at the airport.

democrats appear to move forward with their $1.9 trillion covid relief package. president biden is set to sign another executive order on immigration. that is set to happen next hour. blake burman joins us. blake? reporter: a lot going on in the last 24 hours. senate democrats got their turn to talk to president biden about the 1.9 stimulus plan. the senate calling into a meeting with senate democrats. first off after senate majority leader chuck schumer went off with budget reconciliation. that is the process if democrats choose it in the senate could go at it alone on the $1.9 trillion plan t comes after the president met last night in the oval office with a group of 10 republican senators. in a conversation which the white house described as constructive. the white house also made it very clear today that the president at least as of this point does not intend to back

off that $1.9 trillion figure. listen. >> you would acknowledge that the gap between the administration and republicans is wide but the talks last night was constructive. so after the discussion in the oval office last night, is the number to the white house still $1.9 trillion. >> it is. reporter: pretty point blank when press secretary jen psaki when we spoke with her in the briefing room. the white house wouldn't say if the increase to minimum wage to $15 an hour is a must have or not in the potential $1.9 trillion package. connell. connell: what president executive order on immigration, what else can you talk to us about that next hour? reporter: next hour, 35 minutes or so. we should hear from the president, three different executive orders he will sign on immigration. the white house essentially says they are trying to do the harm as they see it on the southern border that the previous administration put forth or went forward with over the last four

years. the executive orders include, for example, creating a task force to reunite families. biden administration officials say this will be a big challenge trying to identify kids that have been separated. reviewing the remain in mexico policy. they will try to help out asylum-seekers with a legal path in the u.s., along with implementing what they are calling a task force on new americans to sort of look at the policies and see what was in place matches up with the priorities of the current administration. connell? connell: blake, thank you. blake burman there in washington. turns out there will be six more weeks of winter. that is what punxsutawney phil told us. somehow managed to see his shadow in snowy pennsylvania which i'm not completely buying. if he told us jeff bezos would step down as amazon ceo i would be truly impressed. punxsutawney phil has been longer winter 100 times in the

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♪. connell: more now on jeff bezos stepping down as amazon ceo. we found out about that when the company reported earnings at the top of the hour. andy jassy who heads up aws, amazon web services will take over chief executive officer of the entire company in the third quarter. bezos did send email out to employees. we have a hold of that. here is part of it. quoting from the letter he says as much as i still tap dance into the office i'm excited about this transition. millions of customers depend on us for our services. more than a million employees depend on us for their livelihoods. amazon couldn't be better positioned for the future, says says bezos. we're filing on all cylinders as the world needs us to.

"wall street journal" dan heninger, he has something in common with jeff bezos. he tap dances into the office. jeff bezos is the richest human being on planet earth this side of elon musk when tesla's stock is up a lot. this is a big deal. what is your reaction? >> well, it's a big deal on many levels, connell. for starters, it's remarkable that jeff bezos is stepping back like this after founding an extraordinary company like amazon. i mean there are some stories of company founders, entrepreneurs, who never step back, right? they just cannot give up the reins at all. they carry it into old age. here is jeff bezos at relatively young age stepping back. i have to say, another thing about amazon is that you know, i've always thought of it as unlike google and facebook which basically captured the sunlight of the internet.

amazon is a real business. they do real stuff. it is extraordinary to watch this company grow and pretty much succeed every step of the way. there have been controversies but the execution has been extraordinarily good. i take it that andy jassy can take credit for a lot of that. in that respect he is probably handing the company over to someone who is extraordinarily competent. i think one of the big questions going forward will be where amazon's ideas come from. jeff bezos isn't retiring to an island but obviously he has been the visionary. he is the one who comes up with the ideas. and contributed a lot more than nothing to the success of that company. so somewhere along the line, unless jeff bezos is involved, on a regular basis, you know, most ceos would prefer that the founder not do that. nonetheless they will have to find some way to campus up with

inspiration, ingenuity, creativity that jeff bezos brought to that company from the time he was opening it in his garage. connell: yeah. boy, what a run. one of the more remarkable stories in, in world business history really. jeff bezos by the way just turned 57 years old. he is, as you say, very young to be stepping down as ceo of a company. so what do you think? it is speculative, so many other things he has going on. he owns "the washington post." but there is blue origin. there is charitable ventures. there is a lot he can do. other contributions he can make, what do you think if it is not solely on amazon, one of the things he is talking about, focusing on other areas, a second act for jeff bezos. what do you think? >> makes me think of bill gates. bill gates also stepped back at a relatively young age, right? i think maybe what will be interesting to watch jeff bezos do is what new ideas he brings to the world of charitable giving or philanthropy.

bill gates did a lot of that, especially in the area of world diseases. education as well. i wouldn't mind at all seeing jeff bezos bringing some of his money into the world of education, public and secondary education in this country which obviously needs a lot of reform. we're going through a real crisis now with the public schools being closed, teachers going on strike. somehow the basic model isn't working. i don't know whether jeff bezos has any interest in that, but boy, bringing a creative mind to bear on some of the big problems we've got using private money, he could make an extraordinarily constructive contribution along those lines. connell: yeah i think he does have interest. he talked about education before but now with this much time maybe you can scale that up. with as much money he has that might be the area, you're right. dan, thank you for being flexible with us as always on breaking news. we'll talk to you soon.

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♪. connell: all right. so american workers who see their own jobs at risk are speaking out now about president biden's green push. as we reported new mexico will be one of the states hardest hit by the president's executive order to pause drilling permits on federal lands and grady trimble is in that state today. he joins us with a closer look at the story. grady. reporter: connell, that is because they have so many oil pumps on federal lands out here this one is and just about every pump the eye can see out here is on federal lands. disproportionally new mexico will be impacted by this executive order pausing new leasing for drilling on federal land. if you look at the numbers, at the federal level about a quarter of u.s. food oil is produced from federal lands.

in new mexico, that number is more than 50%. you can see why they're impacted. lee livingston is from mack corporation. there is a lot of federal land. that is essentially off limits so where do you look? >> that is correct, grady. in new mexico, federal land accounts for 4.2 million acres. it accounts for 50% of our oil and gas production. the remainder consists of state land. very little private land. we don't have the private land like other states like texas do, 60 miles east to the location. reporter: you could go to texas. new mexico losses out out on a n of revenue. we have some numbers. 33% of the state's revenue comes from the oil and gas industry. this wouldn't only impact your industry and jobs in it but would impact the entire state from public schools and kids that go with them. >> that is correct. it accounts for 33%.

we sent $1.4 billion to the schools in new mexico that came directly from oil and gas. it would have a huge impact if we were unable to drill on federal lands. reporter: so connell, the counterargument to this, the biden administration would say, 10 million green energy jobs. that is what he campaigned on. that is what he says he will create. people in this industry say these are jobs already here and we're going to lose them with these types of executive actions connell: really going to hit that state as you said especially hard. grady, good stuff bringing that story to life. grady trimble in new mexico for us. back here in the east coast we're all digging out after the biggest blizzard in five years. new yorkers seeing over seven teen -- 17-inches of know in some parts of the city. bryan llenas is buryied somewhere in brooklyn and joins us. hey, bryan.

reporter: 17.2 inches in 10 trillion park. it is still snowing. the snow expected to continue until tomorrow morning in some parts. most snow since january of set of is we saw 27 1/2 inches. flight cancellations is a big deal. 350 flights canceled today at jfk, laguardia and newark. that is 30% of all flights. in new york, during the heart of the storm yesterday we saw 30 to 50 mile-an-hour wind gusts, one to three inches of snow falling. 300 crashes on the state roadways. 600 crashes in new jersey. there is 30-inches of snow in some parts of new jersey as well. pennsylvania as well got hit hard. state of emergency in that state as they try to dig out there. commercial vehicles were banned in some states. look at this video out of connecticut. this is astounding. stanford, connecticut, a woman and man in a truck got stuck in icy waters submerged.

firefighters had to go into the icy waters using their 100-foot ladder to save them from the situation. luckily nobody was hurt. in new jersey there was flooding as well on the jersey shore. sea isle community with the tides as the storm came rushing through. in the city, vaccinations are a big deal. we're talking about that. vaccination appointments, connell were canceled the last two days. people are expected to get phone calls from the city, whether or not their vaccination appointment, when it will be rescheduled for. that is a big deal here in new york as they're trying to make a push, connell. connell: been tough enough to get those appointments to begin with. hopefully they're able to reschedule that. nice snowman i assume you made that to your left, bryan? reporter: yeah. everybody is cooped up in the one bedroom apartments for so long. one thing i want to bring up, restaurants, by the way, outdoor

dining if you can withstand it is reopened this afternoon but they have been hit so hard, over 50% of the restaurants here in the city say they won't be able to survive the next six months without some help. now restaurant workers will get vaccinated. according to the governor today. that is a new one as indoor dining begins on valentine's day again after being shut down for over 2 1/2 months. we'll see what happens. connell: i'm glad you did mention that. that was a flip-flop from the governor andrew cuomo. the mayor was in favor of that. now the governor is a day later. that is kind of interesting. we'll see if it helps on the business front. thank you, bryan llenas out there in brooklyn. we'll take a look as we cover our top story, amazon, big headline after hours. ceo jeff bezos stepping down in the third quarter as chief executive. amazon's stock is barely moving follow earnings. the bezos news is all everyone is talking about. the company is right now holding a conference call.

amazon's cfo said bezos will remain very involved with the company. he will have input on new product development and on innovation. that is just in from the amazon call. speaking of calls, susan li just got off of a call with the cfo of alphabet. susan will join us from headlines with that in just a moment. the stock should start trading again in just a moment. we'll be right back. and feel like i'm well on my way to becoming debt free. and i have sofi to thank for that. ♪♪ ♪♪ ♪♪ ♪♪

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♪. connell: let's not forget about alphabet with all the jeff bezos talk, google's parent company. that price up 6% after-hours t beat the street with its fourth quarter sales figures. susan li was just on a call with the cfo of the company. susan joins us now. what came out of that? reporter: ruth porat sounds optimistic on the quarter, record quarter for sales by alphabet. taking a page out of playbook of amazon, breaking out the google cloud business for the very first time. amazon did that in mid 2014-2015 season. we've seen amazon's stock to vertical after that. some of the comments ruth porat had on quarter, increase in advertiser activity. we look unlocking budgets that were paused earlier in the year. as well as increase in consumer online activity.

retail was largest contributor to the year on year growth in that record quarter for alphabet google. in terms of cloud. first time we're getting breakout of cloud revenue for the first time. in terms of pathway to profitability, looks like the important elements of our operating losses we've been building out our organization ahead of revenues and that includes a product portfolio, network of data centers. just on the cloud number, they put in 3.83 billion in cloud sales in the quarter but still lost a billion dollars. they're not making money on the cloud business. they're still running behind on amazon and microsoft. on a yearly basis that is a loss rate of five billion. there is concerns there how much money are you spending in order to get cloud competitive with the giants of microsoft and amazon. also antitrust, we had to ask her about that. we said this many times according to ruth that we do believe that the doj lawsuit is deeply flawed. they use google because they choose to. not because they're forced or to

can't find alternatives. our legal team is focused on antitrust lawsuits. one more headline. we know alphabet google will pull out of australia if they have to pay up to news providers for content. we asked her about this. there is nothing new we said publicly about australia and news. we're working with our publisher partners. you can imagine if they pay up for content at higher levels in australia that would go around the rest of the world. all in all, very strong quarter for alphabet googling. their costs went up. they are losing money on google cloud, main business of advertising search was pretty strong. connell: right. very strong and overall the results are very strong. you weren't able to join us earlier when you were on this call. you want to weigh in on this jeff bezos news that we had at the top of the hour? reporter: again alphabet taking a page out of the amazon playbook. i think a lot of people on

social media yes, they're shocked by this news. they're wondering why now. they're comparing it to when bill gates stepped away from microsoft back in 2000. at that point microsoft was 25 years old. bill gates had been on the job fore25 years. this is pretty similar. jeff bezos founded amazon back in 1994. he has been at the helm for over 30 years. right time in their view to step away, when you built up the company to the size they are. in amazon's case they're at one trillion dollar run rate. jassy, who was the ceo of amazon web services very capable custodian. people and investors have a lot of faith in aws' head there jassy. we know amazon web services is now the biggest contributor to the bottom line at amazon. so in terms of the people that are taking over, it kind of makes sense. by the way, you know, jeff bezos will still be busy at this point. he will focus on "the washington post," blue origin and space race with

spacex and starlink internet satellites. sounds like he will not be busy during this time. it is very similar, wouldn't you say, when bill gates sided to step away at the top as well? connell: yeah, fairly young guy. that is what dan heninger was saying. dan thought bezos gets involved in education in all of this with all his money. he said on his call he will remain very involved in amazon. it will be interesting. reporter: so was gill gates. he stepped down in 2000. but didn't step away from day-to-day operations until 2008. connell: it was quite a story. funny when we were covering with earnings, i was about to talk about margins something along lines, i had to do a double-take with jeff bezos crossing on the bottom. thanks for google or alphabet. susan li in the newsroom. gamestop has been the big story before we got to all of this for the last number of days with frenzy in trading. this is no surprise.

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connell: let's take a quick look at the spacex prototype, the star ship sn9. it launched success flir in texas, but -- successfully in texas, but the rocket exploded on impact during its attempted landing. no crew reportedly onboard, but there's the explosion of spacex with its test flight. now, we've been saying as we've been covering this gamestop story, they're going to make a movie out of it, but it turns out it might be sooner than you think. competing films are set to be in the works already, netflix and mgm are already involved. so's gerri willis what's the latest? [laughter] >> reporter: hey, connell, that's right. no idea when it might get in a theater or in your home to

stream, but what we're hearing is two competing projects here. hollywood loves gamestop. netflix is enlisting hurt locker screen writer and oscar winner mark bole which makes you witness wonder if cath lin big low -- kathryn bigelow remight get involved. also a netflix project, he is on this as well, and there's word that nyu professor and all things capitalism commentator scott galloway might consult on this. now, another project, mgm, as you said, also expected to produce a gamestop movie using a yet to be written book by ben mezrich. he wrote the book that the movie "social media" was based on. that's sort of an origin story for facebook, the company. now, how much money might this make? good question. they make a lot of money about wall street. not as much as, say, spider-man, but wolf of wall street made

$392 million, the big short ranks number two at $133 million. my favorite of all time, trading plaitses, $90 -- places, $90 million believe it or not, that was a very long time ago. connell: that was a good one. we've got to go. we're right up against the top of the hour: see you guys tomorrow. lou: good evening, everybody. the radical dems' scorched earth persecution of former prime minister donald trump has now -- president donald trump as now entered its sixth calendar year, and as throughout his campaign and presidency, the radical dems are attempting to destroy the former president with venomous lies and relentless plots to frame him, falsely denounce him, and now those soulless snakes are once again trying to impeach him. they have no evidence nor truthful witnesses to put