activision blizzard down and electronic arts down more than 2%.of these names are to the downside ahead of their reports. with activision, their numbers last year were not great year-over-year pertaining to 202007. as a matter of fact videogame software sales plummeted 11% year-over-year. this is a new year and new realm more videogames. we'll see how they do with some of their popular names, including new release, diablo 3, reaper of souls and call of duty, advanced warfare. we're watching that for activision. analysts think they will maintain their guidance. then for electronic arts, they may tight metals fall, ex--- "titanfall"s" very popular on te video list for video papers. this is one we'll watch according to npd group. this has some popularity. we'll watch other names. whole foods, groupon, trip advisor, electronic arts and activision, all after the bell. and disney, don't want to leave that one out. melissa: busy, nicole. dracula might be on to something. new research shows that vampires may be a key to the fountain youth. dr. manny here

disney is the biggest of the bunch, but you also have whole foods, groupon, activision and the market results and response coming up in the next hour. >> the dow is off 1189 point. pretty steadily sinking throughout the session thus far. meanwhile, the nasdaq, take a look at what's happening with this index. down 1.2%, shedding 50 point to 40.87. the s&p, finally the proud market gauge, done 15 points to 1869 today. >> here we go. let's talk about it in our closing bell exchange with contributor heather huse, mark tepper with strategic wealth patters in and ryan destrich from shafer's investment research and our own rick santelli. mark, are you related? >> no, no, relation at all. you're right, i do wish. >> if you hadn't heard, institutional investor out with the list of who made what on wall street last year and mr. david tepper made a cool $3.5 billion last year. >> not too shabby. >> not too bad if you can get it here. >> ryan, i know you don't want to buy the mantra, the old sage sell in may and go away, but i would point out that the dow peaked on april 30th and hit an all-time

this is new level of entertainment for activision. do you see the tech space in general kind of picking up steam? >> i mean i think it can. you look at name like that or even, ea sports which i guess is reporting today as well. they have been in pretty decent uptrend lately. there is lot of buying going on behind those names. clearly investors are starting to believe, investors are starting to discount some type of future developments within those companies on a fundamental basis. i think the price is certainly reflecting that. you will always have these sort of step backs of earnings when they don't report exactly the way the street wants them to. when you come in with accumulation the past several months i clearly think that is positive sign. i think so. i think we'll hear great things from the companies. david: adam has a little more information on whole food as we watch it go down 9% after-hours. go ahead, adam. >> yeah. we should point out charlie brady has bought to our attention one of the reasons you see this stock selling off

while disney, groupon and electronic arts and activision-blizzard. we have all of that reporting after the closing bell on "street smart." off 15, the&p nasdaq down more than one percent. i want to go to julie hyman. couple oftioned a them, aig topping the list. financials have dropped the most, aig out with earnings and profits were down 27% because of higher claims cost and that is pushing down the shares sharply today. the worst performer on monday financials. -- among the financials. twitter is at the lowest price since the ipo. we have been awaiting the expiration of the share lockup. for saleon available today, that is quadruple the amount available for trading. some insiders have said we are not selling but the market is. we are seeing a lot of selling in twitter today. and discovery communications leading the consumer discretionary stocks after reporting revenues that trailed estimates. though shares are down by the most in that consumer discretionary group. >> time now for the big story, it is m&a in big pharma. the company is seeking to sol

had been an american living in denmark erotically activision to places, but i can't go anywheres . >> host: besides the carter center waters of the other major groups that monitor democracy that have a lot of legitimacy in international life? >> guest: so, in the united states people might be familiar with the in the eye, the national democratic institute. the our ally, the as-a republican institute, these are agencies that are independent. they are not, you know, government falls, non-governmental is, but they have a special status. and they do pretty good work. europe we have dsc of various parliamentary organizations from the european parliament, council of europe. and, of course, the european union as a lot of monitoring. the u.n. still does monitoring, but not in the same high flashing away. it out, with public statements a lot anymore. they have toward assistance, and they do more in conflict setting, supportive of the modern organizations. we are seeing organizations pop-up all of the world. regional organizations in africa , south african development community, the african uni

. >> both activision and electronics arguments reporting after the close today.ctivision, they want ten cents on revenuesh investors, though, they want to hear more about destiny. that's the upcoming game, which could be a real blockbuster, drilling into electronics arts, analyst forecast 11 cents on sales of 812 million. electronic arts is really synonymous with video game football. the company has sold more than 100 million copies of its madden nfl games. in fact ea is the video game sports powerhouse. the company generation 1.6 billion per year, way more than rivals seven's take two or sony, but evan wilson of pacific crest says madden is no longer profitable as it once was. that's that el a has to ea generates from the revenue, wilson says, now goes to the nfl and coach madden. others on the street disagree. it's real money maker isn't football, but soccer. but from 900 mill friend from the fifa soccer franchise. he says that franchise should enjoy a bump in sales as excitement builds around the upcoming world cup. ea stock is up about 23% and nearly 5% in th

. >>> that was also game on for electronic arts and activision blizzard.expected earnings. cnbc's josh lipton has more on the gaming numbers from silicon valley. >> reporter: electronic arts and activision both reporting and besting expectations. as for ea, the street expected to see eps of 11 cents on 812 million. ea reported 48 cents on 914 million. healthy beat on the bottom and the top. as for full-year guidance, analysts forecast 1.52 on 4.11 billion. ea guides for 1.85 on revenue of 4.1 billion. ea saying that so far this year, fifa 14, titan fall, exclusive game for microsoft systems and battlefield 4 are three of the top five best selling titles on all platforms across the world. activision, beat the forecast easily, reporting 19 cents on 772 million. guidance, however, a bill light relative to the street's expectations. the company saying it expects its upcoming game, destiny, to be its next $1 billion franchise. that's call of duty franchise will be coming to china in partnership with 10 cent. josh lipton, cnbc, silicon valley. >> that's the late

pay about 630 $9 million in cash for the additional -- >> activision blizzard. nearly 41.5 gameon shares and video companies still owned. the author represents about half of stake in activision and is expected to close next week. six, williams-sonoma. >> number five is dollar tree. the discount retailer first quarter profit estimates, the customer traffic and biggest tickets. number four, billionaire hedge fund manager -- kmart has been shedding assets and closing stores as it tries to turn is around. qwest we get to the top three. rentals america. shares falling in the premarket under new speculation rentals will make a bid for a smaller rival. the deal would combine the second and third largest sellers of tobacco in the u.s.. >> number two, children's play. the company is announcing first quarter warnings -- earnings that beat estimates. it announced a partnership expanding into latin america and the caribbean over the next few years. >> number one, best buy. the rub's largest consumer electronics retailer posting first quarter sales that trailed estimates. de

let's get you company news -- vendi is selling half of its stake in activision.tag is more than $850 million. it used to be there controlling shareholder and it had most -- and it sold most of its stake last year. more cost cuts at some night -- the ceo will cut expenses in the electronics unit -- the sales unit by 20%. sony plans to start a new television business on the company has lost more than $9 billion in the past six years. chinese online retailer jd.com begins trading on the nasdaq today. point $8 billion in his public offering yesterday. the shares were priced above the market range. that is today's company news. >> did they have a conference call? >> yes, you have to. >> i would love to be on that. >> we have all been talking about alibaba and suddenly jd.com slips in there and it is much more like amazon. ellie babbitt is much more like ebay. jd.com wasation of pretty high compared to amazon. >> it is getting a richer valuation. >> i want to get on their conference call. >> your first question will be who is your auditor. . >> let's switch gears >> "w

there you go, groupon, disney, tripadvisor, whole foods, activision. and about ahead of the earnings reports, all bets are off. all of those stocks to the downside as you can see. i will be here with david asman for after the bell, but as we moved to the closing bell, we are following something phenomenal to watch. the auto industry, fiat chrysler unavailing ambitious powerhouse in five years this is a newly merged car company pledging double sales of jeep and chrysler plans by 2810. jeff flock at the chrysler headquarters. what do we know? jeff: the second biggest office building in the world outside the pentagon and plans to match it. one reporter called this a virtual firehose of news. extraordinary. we will show you sergio marchionne, the ceo of fiat chrysler automobiles been something no other automaker does, which is essentially lay out targets for the next five years. where they will do it in the world, nobody else does that kind of a thing. very plainspoken saying mediocrity is not worth the trip, and a lot of his minions also very plainspoken.

activision reported profits of 19 cents on 772 million in revenue. both numbers blowing away estimates while electronic arts reports a profit of 48 cents on revenue of $914 million, which also topped expectations. is that a large part of the new xboxes and the new play stations that have come out? is that what's driving this video game activity? there was a lot of pentup demand, people were holding back on buying games. >> before the new consoles came out. >> are you a video game guy? >> i'm not, not anymore. i'm wondering if the games for the consoles are 49 bucks, 59 bucks. you can get ea apps for the ipad or android for 10 bucks. you wonder if the volume, throwaway games, play them for two months. >> activision, electronic arts, they make money on the ipad. that's not the big part of it. i did read it could be a function of the legalization of pot in colorado that -- >> are you serious? >> somebody said that. it was kind of funny. >> you're stretching that. >> those benefit the slower moving games, i would imagine, those real high-speed, sort of -

they have sold completely out of their apple stock as well as yahoo and activision.tivist on yahoo's stock for quite some time. we wanted to put out third point added citi at the same time that george sorus was dissolving their entire stakes. in jpmorgan, citigroup and bank of america. at the same time that dan loeb is getting a new position in citigroup. back over to you. >> thanks. an airline adding a new position when at a time they rate new highs. >> we talked about it. pete's been on it as well. airlines continue to be impervious to this. you basically cut the amount of airlines in half. and these guys have everything going for them. delta is my favorite play. and i think citigroup is going to work for them as well. >> let's go back to the markets here. and the tepper tantrum that helped push stocks to their worst drop. joining us now is jake. great to have you here. what's your take on this. tepper was clear, don't go short, the markets, just don't be as long. he's pulled back from 100% to 60%. >> tepper is wealthier than i am so i'm not about to argue with him

veld i don't games, electronics art and activision, coming in with stronger than expected results. again, when you beat, the mark will reward you. >> that's really the stock they have taken to the woodshed as art cashin would say, right? >> see you later, mary. >>> breaking news in the bond market, it's a ten-year note auction, rick santelli is tracking the acts. >> $24 billion of ten-year notes were just released to the public and investors hands. the agreed to b as in boy. i could have given it a smidge more, but let's go through the internals. the yield 6.12, at auction since june of last year, all the metrics, bid to cover 2.63 is pretty close to ten auction average. and the dreck is at 21.6, a bit above auction average 689 you get the point. everything was a bit better, but what i really like about this auction is dealers only took 29.1%, which means the bulk of this auction, 70%, is in the hands of dealers, and janet yellen being santa claus after ben bernanke retired his beard, stocks up and yields up. so it continues. whether it's a short squeeze, a statement about the econ

vivendi plans to sell half of its remaining stake in activision blizzard.ontrolling stake in the company but sold off most of it last year. welcome back to countdown. i'm an edwards. to bright food looks set gobble up and maneuver in a deal the value of $2.6 billion. this deal has been a long time >> would be sold by the shanghai government? with the israeli government blocked the sale on the ground ultimately, we seem to have an answer. divide a 56% stake in a deal that could value of to $2.6 billion. the significance, it was established 80 years ago and is the semi-iconic farms across israel. they have minority shareholders. sale means that they would not get the dividend that they used to. some politicians suggesting it shouldn't go ahead. but it is the largest food producer and distributor in israel. by refusing to block it somehow to be sold of the chinese, it smacks of some racism against the chinese. >> as you have alluded, many of the products are household names in israel. >> there was a social protest in israel. it was a cottage cheese social exor

also a complete liquidation of activision. new moves, new positions initiated. 20-plus. new additions in american airlines, verizon, anaheimer bush. >>> one hot story had a known investor predicting 25% market crashes ahead. it's on the hot list. allen wastler. >> it seems like the godfather of technical analysis did an interview with our web broadcast, future now. he thinks there is 25% crash ahead. he talked about a lot of overextension in the market. i know you are calling had him to try to get him on the show today to flesh this out a little bit. readers are all over this prediction. this thing hasn't done less than 100 readers a minute. >> isn't it still the case, ralph is just the latest in a string of stories. every time people predict a market crash, these stories light up the charts. when is the last time you had someone who was super bullish at the cop of the list? >> au contraire,op of the list? >> au contraire, kelltop of the? >> au contraire, kelly. when we put in a positive bull call, that gets just as much atten