emily: activision earnings coming up later this week.nd some of the gaming conference over the weekend. how are you expecting activision to stack up to ea over the next few months? >> and this is probably a down quarter for activision. you have to calm the starcraft expand -- expansion pack. highest rated game in four years. activision has to compete. they will talk a lot about you sports -- e-sports. i think next year is all about being advertising. likewill run ads in games can be crushed. quarter, ea outshines them. was a hot kid on the block for a little while, then fell from grace. will we continue to see more hits from zynga over the next couple years? --zynga it is about stabilization and growth. they need to offset the legacy business. then we can start talking about growth. they have more good games coming out. but for them it is all about stabilizing their active user base and the business legacy decline. emily: michael, would you agree with that? their legacy business is almost an afterthought. they are on their third consecut

the only company that compares to them in the west is activision and activision purchased king, so thats about one third of their revenue. ea has been doing this model for 15 years. they are not particularly good at it but they are positioned to thrive. they have actually been pretty good in anticipating this shift and they were ahead of the curve. the stock to get out of its own way, but a started to execute and the stock has been on fire. emily: the big gaming conference over the weekend, how are you expecting activision to stack up to ea over the next three months? guest: this is probably a down quarter for activision. you have two, last year plus starcraft expansion. you have call of duty after these two big games, one of which is their highest rated game in four years. so activision has to compete against some pretty good games. they will talk about e sports, which is becoming a big deal for them. they are selling some franchises in case you have an exit 10 million dollars and want to buy one. next year is all about paying advertising. they have games like candy crush, but this qua

and activision is particularly well-positioned. >> e-sports is critical for activision in the sense thats a way for them to generate significant incremental revenue. so our estimate is that they're going to generate potentially as much as $300 million or more in revenue over the next few years. >> it's an area where activision has been investing, buying major league gaming in january to live stream tournaments, like a september call of duty championship, as if it were a traditional sport. to try to build a business at the same scale. for "nightly business report," i'm julia boorstin in los angeles. >>> medicare helps humana top estimates, and that is where we begin tonight's market focus. a health insurer said an uptick in membership lifted profit and revenue above expectations, a unit that sells plans to the elderly and people with disabilities. shares finished up better than 1% to $167.42. >>> regeneron pharmaceuticals posted a higher than expected profit thanks to sales of its cholesterol medication and lower tax bill. the biotech company also saw a revenue increase, but those results

everything themselves and create any styling they want, and they can even have a custom character activision. >> that's cool. >> so cool. >> something to capture the attention, but gets them creative. >> absolutely. when they are done creating, they play the game like normal. >> for more information on this and other inside go to toyinsider.com and our facebook, wnnfans.com. thank you, always great to have you on. thank you so much. >> thank you. >>> stay with us. we'll be right back. ugh, it's only lunchtime and my cold medicines' wearing off. i'm dragging. yeah, that stuff only lasts a few hours. or, take mucinex. one pill fights congestion for 12 hours. no thank you very much, she's gonna stick with the short-term stuff. 12 hours? guess i won't be seeing you for a while. is that a bisque? i just lost my appetite. why take medicines that only last 4 hours, when just one mucinex lasts 12 hours? start the relief. let's end this. thanks for loading, sweetie. ...oh, baked-on alfredo? ...gotta rinse that. nope. no way. nada. really? dish issues? throw it all in. cascade platinum powers through.

would you buy activision at 43?mind, it's a game that started in 1996 so the people who were 10 years old are still playing this at 30. this is a huge franchise. 20 editions, but here is what i have to say about this, and this is not to take anything away from activision, not to take anything away from the new release. they need more products. they can't count on these millennials that are unemployed sitting home playing video games every day to continue to be unemployed. we're hoping they're not unmroitd and -- not unemployed and we don't have as many playing video game. stuart: scott, the question, would you buy activision, call of duty, et cetera, et cetera, at 43? >> well, i like what jeff had to say. maybe if the economy stays bad you want to be long that stock because if the economy gets better that stock will go down because the kids will be going back to work with the other 8 million people working part-time since 2008. so, i think they're dangerous with one product i agree with that. number two, i missed th

the only company that compares to them is activision.purchased king, so that is a third of their revenue. ea has been doing a mobile for 15 years. they aren't particularly good at it but they are positioned finally to thrive. they are as good as anybody in downloadable content in a full -- in game transactions and full game digital downloads. they have been pretty good it anticipating the shift and they were ahead of the curve. it hurts him five years ago. the stock couldn't get out of its own way. they just started to execute in the last three years and the stock is been on fire. emily: that does it for this edition of the best of "bloomberg technology." all the latest in tech throughout the week. remember to tune in for our latest episode of studio 1.0. i will be interviewing steve ballmer. former ceo of microsoft and owner of the l.a. clippers. ♪ ♪ juliette: coming up on "bloomberg best," stories that shape the week in business around the world. the bank of japan, the fed, the bank of england all come out with policy decisions. >> the

activision, its forecast for the holiday season is not so good. mark: 90 minutes away from the fridays nation. stocks are falling for the ninth day in 10, the second consecutive week. the 4.5% fall is the biggest since february. the drop is the longest since october the seventh. the volatility index is rising for the 10th day, the longest stretch since august 2011. investors nervous ahead of the election next week. earnings season is in full swing. let's get to commerzbank, germany's second biggest lender, it explodes -- expects to have a profit. the chief executive has responded to record low rates, isreased regulatory, and cutting jobs. , cartier one of its brands, shares up 6%. the biggest gain since 2008. it unveiled today the most sweeping management overhaul in years in responses to plunging sales of luxury watches and other goods. essentially the ceo and cfo will retire next year, eight directors will step down and new managers will lead watchmaking and operations. the ceo will be abolished. operating profit fell in the six sales in all of

the only company that compares to them is activision. a company that's a third of their revenue.. they are positioned finally to thrive. they are as good as anybody in downloadable content in a full game digital downloads. they have been pretty good it anticipating the shift and they were ahead of the curve. it hurts him five years ago. they just started to execute in the last three years and the stock is been on fire. emily: that does it for this edition of the best of "bloomberg technology." remember to tune in for our 1.0.t addition of studio i will be interviewing steve ballmer. this is blomberg. ♪ oliver: we are coming you from new york. the nflelection eight tv ratings. carol: he is trying to get republicans to look at climate policies. oliver: this might be the world's most ambitious cryonics company. bloomberg businessweek starts now.

brad: activision recently reported earnings and they were lackluster at king digital.there any secular troubles here, or people turning away from mobile games or games like pokemon? is that impacting glu? niccolo: it's fair to say that the world gone mobile, two or three years ago the app store was entirely a game store. what happened today was facebook's revenues from web to almost 100% mobile, and a are doing very well with that strategy. today the app stores reflect all of entertainment, all of life or you have social networking, video, music, dating, gaming. it is certainly getting harder to get a top grossing spot that products that the do it are becoming platform products. spotify is a platform for music. what glu is doing, and this is true for the whole sector, is trying to make platform bets with the new products we build as well as acquisition strategy. that is what is reflected this morning in our position as well. it's a bet on platform products. crowd star is based in burlington, california, near our headquarters are at the are the top grossing fashion app.

the only company that compares to them is activision.rchased a company that's a third of their revenue. ea has been doing a mobile for 15 years. they are positioned finally to thrive. they are as good as anybody in downloadable content in a full game digital downloads. they have been pretty good it anticipating the shift and they were ahead of the curve. it hurts him five years ago. they just started to execute in the last three years and the stock is been on fire. emily: that does it for this edition of the best of "bloomberg technology." remember to tune in for our latest addition of studio 1.0. i will be interviewing steve ballmer. former c.e.o. of microsoft and owner of the l.a. clippers. this is blomberg. ♪ mr. buffett: he said, what do i do with this money? i said, investing it is about assigning the right use for the money. i did not want to go to college. i want omaha, i thought -- i had $175,000. i thought that was all i would need to let the rest of my life. david: did you ever run into that guy again? mr. buffett: he needs pro

donald trump tapped into the anger about the country's direction and its leaders -- can he healed activision? in your democratic role, i bet you spent a lot of weeks, kind of dr. phil talking people off of the ledge. >> there have been a lot of people that are very, very depressed about this. i am disappointed. went below president and a democrat in the white house. but i will say that hillary clinton was right. we have got to give president- elect donald trump a chance to govern. i do not want to do what some republicans did -- what some did with president obama -- saying that he is doa -- we want to stop him before he gets in and then stop on guns and all of these other things so i an opportunity to govern and as a democrat i am disappointed but i will say that we need to given the opportunity. >> this decision mean that america is not ready for a woman president or they did not want this woman? >> they did not want the most corrupt candidate possibly in the history of -- i would love to see a woman president if it was carly fiorina, condoleezza -- or condoleezza rice. it had nothing to do

. >> activision is tomorrow. >> i think activision and take two will be very good.elp is the confusing thing for me because that would indicate periodically they go out for a meal. >> well, it's hard to get out of the bunker. >> well, you know, yelp, they have delivery services. >> oh, okay. >> meantime, the battle between hillary clinton and donald trump intensifies with less than a week to go before election day. five days, 14 hours and 52 minutes. let's get to eamon javers live in washington with the latest. hey, eamon. >> good morning, carl. with less than a week to go you get the sense this is a race that is tightening in its final days. take a look at this "the washington post"/abc poll that's out showing a dead heat here between hillary clinton and donald trump. this is conducted october 28th through the 31st. hillary clinton 46, donald trump 46, gary johnson at 3 and jill stein just at 2% there. so a dead heat according to that poll. but i want you guys to take a look at this note that goldman sachs put out last night because i think it's important to get a

the only company that compares to them in the west is activision. purchased games.of their revenue. ea has been doing a mobile for 15 years. they are not particularly good at it, but they are positioned finally to thrive. they are as good as anybody in downloadable content and full game digital downloads. they have been good at anticipating the shift and they were ahead of the curve. it hurt them five years ago. the stock could not get out of its own way. but they just started to execute in the last three years and the stock has been on fire. emily: that does it for this edition of the best of "bloomberg tech." remember to tune in for our latest episode of of studio 1.0. my full interview with steve ballmer, former ceo of microsoft and owner of the l.a. clippers. this is bloomberg. ♪ >> the mexican currency strengthens with asian equities as the fbi clears clinton over e-mails again. we have the latest from the united states ahead of tomorrow's big vote. talking trade. theresa may arising india to lay the groundwork for a post-brexit deal. and a beat for europe's bi

. >> we also talk about amazon and activision last night and your thesis people may not be spending outside their home but certainly things to do inside. >> i had one of my favorite guests last night from take 2. i don't know if you saw the full page ad from "mafia 3." it looked like a movie strauss was the president of twentieth century fox. he says these things are better than movies, they're staying home, still ordering pizza and drinking beer, beer numbers are great. it's a theory so powerful overrunning everything from whole foods to the mall to starbucks. >> right. but it's got to be a positive that year over year we've got a 2.8% increase in wages. and overall that i would think a good thing. >> yes. >> even though it doesn't seem to be showing up to your point in retail sales. >> no, i'm saying that the -- if you want to raise rates on things that come out on fridays at the beginning of a month, you just got to. it's very good. if you want to say, well wait a second, i just looked at the numbers from macy's, i looked at ford's numbers, that's different. i think if you want to say, l

we'll get starbucks, activision blizzard, cbs, and kraft heinz. and landen dowdy joining us now with three things to watch from those starbucks numbers. >> the street is looking for starbucks to brew up earnings of 55 cents a share on revenue of $5.7 billion. beyond those numbers, here are the three things to watch. first, same-store sales, the coffee maker has missed its sales target for three quarters in a row, and the company citing a profound weakening in consumer confidence ahead of election. however, decent overall consumer spending and confidence levels in the quarter should help calm some of those nerves there. second, its growth plans. as starbucks matures, the key will be how it finds new ways to grow and it aims to diversity beyond coffee, with the goal of doubling its food revenue and investing in digital initiatives. and investors will want to see if these efforts are boosting sales. the third thing to watch, traffic. a note to investors. oppenheimer saying traffic could dip negative for the first time since 2009. they do expect the i

we'll hear from starbucks, activisi activisi activision blizzard, and cbs. and the s.e.c. is looking at wfg violated rules in investors. >>> and we're watching shares of fitbit, the company's third quarter falling short of sales guidance for the fourth quarter also missing analyst estimates, hurt by soft demand and production issues related to its new flex 2 wristband device. the company stock falling as much as 30% after-hours. it's down nearly 70% year-to-date and dare i say, it's just another gadget maker. >> and i was talking about it over there at the top of the show. only interesting in the fact that it was a recent ipo, but it's a $2 billion company and everybody, you know -- >> can i put this in the category sort of gopro. come out with a nice idea, it works for a while, and everyone else does either the same thing or -- >> it's not a $2 billion -- it wouldn't be in the top of the ten-point on the journal. anyway, facebook, though, is, and should be. the market cap there. >> 240 billion? 300 billion. are we at 300 billion already? >> we were. let's see if we're goi

activision has taken the partnerships and has developed franchises and with solid game making, but the a lot and you could see that happening with star wars, where it has floundered around this average game that was with fantastic characters and their taking those same characters and well-known stories to maxim -- to match them with terrific games. david: appreciated as always, cory johnson. you will have more on this in a 30 minute time for bloomberg markets on bloomberg radio. up next, the opening bells rang to open up and we will hear from the ceos again brent china, next. this is bloomberg. ♪ david: live from bloomberg world headquarters in new york, this is bloomberg markets. let's check our bloomberg headlines. house speaker paul ryan has cast his vote for president, not saying the name of donald trump. he said he voted for our nominee. he said republicans need to support the entire gop ticket. he reiterated he is focused on saving a republican majority in the house. edin saidfor huma ab she has always cooperated for information. the fbi is examining whether her e-mails are perti

and activision blizzard has reached a new deal with ceo bobby coat yek, which could make him one of theexecutives in the united states. a fcc filing shows he stands to win $60 million in stocks. interesting friday s.e.c. filing during a long weekend, thanksgiving weekend. i don't know. >> got to hit the targets, though. >> yeah, yeah, that's true. >> by the way, he's done a great job over the last couple years. everybody gets out the small violin. >>> disney's latest animated film topping the box office, "moana" earning more than $55 million over the weekend, bringing in its five-day total on $81 million. it features dwayne "the rock" johnson. it's about a presence yes's mythical journey in ancient polynesia. also, harry potter spinoff "magnificent beasts and where to find them" finished second at the box office, bringing in $45 million. its two-week total comes to $156 million. in the sorkin family, we saw two movies, "manchester by the sea," with casey affleck, who pours his heart into every frame, and it is remarkable. it's an amazon studios film. i know you're looking at me like --

gopro, starbucks, activision coming today. >>> and we're live at the baron investment conference in newk city speaking to high-profile investors. in this hour the ceo of ibex plus the chairman of tronc michael farrow is going to join us on the publisher's future. the second hour of "squawk box" begins right now. ♪ >>> live from the beating heart of business, new york city, this is "squawk box." >> i always thought this meant that the guy -- this is the cure -- but i thought he was falling in love with someone on friday. but he's in love with friday. and i'm in love with friday. but it's close to monday. >> anything can happen that week. a fresh start every week. >> it's hard because friday night i can't stay up. sunday night i can't get to sleep. when you have the 4:00 a.m. wakeup call. >> i don't have the same problem as you do. >> welcome back to "squawk box" here on cnbc. we all have similar problems. i'm joe kernen along with melissa lee. andrew, andrew is at the baron investment conference with some really nice chand leers. it's taking place at the metropolitan opera house at linco