. >>> activision answering the call of duty. it is the top stock on the s&p after blowout sales and a positive forecast for 2021 on its call of duty franchise. the stock jumping nearly 10%. by the way, call of duty mobile, just one of the very popular titles in the series. in just minutes, the ceo of the software giant that's powering the popular on the go version of activision's powerhouse, unity software ceo john ricatello is here in a fox business exclusive. closing bell ringing in 49 and a half minutes. folks, it's a roaring 49 and a half minutes left. stay with us. we'll be right back. ♪♪ ♪♪ ♪♪ in these uncertain times, it's important to own physical gold. fortunately, there's an easy way to invest at the source right here on american soil. we're golden independence and our advanced stage nevada gold project is located within the largest gold producing complex in the world with an historical resource of over one million ounces and active drilling to expand even further. time is now for golden independence. use a single hr s

has the pulse and ea -- activision blizzard clearly has the pulse and ea doesn't. and we're seeing people who know how to do it and people who don't. >> atvi guiding above as many companies have been doing this week, at least on march quarter revenues jim, if you're looking for eopening play, kohl's has con from 20 to 50 in a matter of 90 days maybe it's travel. although i've been wondering, i've been wanting to ask you whether or not the airline recovery play is going to get a little fuzzy, given that oil is now the highest in a year. >> i think it is a little fuzzy. you want a reopening play, you have to go with who reopened first, it was asia, and who was able to handle that, and capitalize off of that, estee lauder, el, and fabregio put up numbers, fabrizio put up number, and some of us are not aware what really costs a lot of money when it comes to cosmetic, but double digits, online sales growth in every single region, 857 versus 550 last year and hero, very strong. the brands that people just love and this is asia i think el is going to become the primary na

, and by the way, activision one of the 52-week highs. talk to me through your strategy here. >> scott, we had profits and we took those off the table and we re-deployed. general motor, it is heavily focused on the ev technology and this is where it's going to take leaps and bounds going forward as we did our research into this company and looked at our models we indicated and found that this company has a actually -- it's priced very well a lot of times we talk about valuationis and wanted to spend time talking about the way we value companies and ultimately we look at several different measures and one of those measures is the operating cash flow yield where you take cash flow and you subtract out the operating expense and the capital -- the capital expenditures and then you divide it by the price and so what we found is when you look at that measure, the general motor his a very rich, 4% yield so that's really good from a valuation perspective. we also looked at etsy etsy is into the creative entrepreneurship it is a company that's ver

the big stories, last week here, much quiet her gamestop may be iffy, but you see activision, blizzard, and the guidance they gave for 2021, well above estimates this is a story of two different game companies gamestop versus activision very different stories there guys, back to you. >> as stocks do approach these report highs, what is left to guy down she's chief strategist, and ron asana is an analyst and commentator as well as a senior adviser at schroeder's are you feeling more sanguine about the direction of the -- i would say, tyler from the vaccines that are, you have to feel somewhat better about that and the quickening pace is good news as well for the biden team to infuse more moan is all good news i'm feeling better obviously, you know, we can tackle valuation game all day long the fell committed to keeping them there. you i was struck by one note you said, the energy sector as a bit of a telltale on where the market and economy may be headed why energy i do think. >> announcer: is the place to go 58d also subject to a lot of regulation and i think your safe. i would almost

thing, obviously, we got taken out with mobile this was a good exit strategy for us we still own activisionholdings in my opinion, they've got some of the best video game franchises they've transitioned very well towards in-game purchases and they have a good strong mobile footprint and that's what a lot of these video game makers want to get to. but i think a lot of the easy -- we will be trimming that position soon. >> okay, well, actually, on that note, nancy, if you had to play a game of would you rather, i know you would go with take two but what about the idea that as the economy reopens, those sheltering at home playing video games may not want to spend as much time at home? >> so seema, we would probably be trimmers of take-two if we owned it we don't own it. we've been playing gaming via microsoft. and one of the reasons for that is that you get a lot more growth but it's trading at the same multiple as the take two. take two is up 78% on the trailing one year. microsoft did better than the markets up in the mid 30s. so with the latest xbox announcement and launch which was the bes

how do you compete with the likes of epic and activision? frank: hi, emily.makes this possible is what epic has billed with the engine and what unity does with its engine. both those technologies really allow you to build a game that can be playable across a pc, playstation and mobile phone all simultaneously. and when you add that to 5g infrastructure and aws, it has really never been easier or cheaper to build a multiplatform game. and at zynga, we have several iconic brands and unique licenses we think will be really appealing to those fan bases. and we have embarked on making some games in that category and are very excited to announce those yesterday. emily: now, you didn't buy a mobile company that was just bought for $2 billion. will we see you make acquisitions and how big? frank: we have been a pretty aggressive consolidator over these met last these past few years, buying brand games, in october and july, so we are big levers in bringing talented teams to zynga and going faster together. in december, we saved an $825 million convert that combined wi

up 7%, activision blizzard up 6%, and some of the premarket losers, t-mobile, fortnet down 1/2% as well. stay tuned, when "worldwide exchange" returns after this break. i opened a sofi money account and it was the first time that i realized i could be earning interest back on my money. i just discovered sofi, and i'm an investor with a diversified portfolio. who am i?! i refinanced my student loans with sofi because of their low interest rates. thanks sofi for helping us get our money right. ♪♪ >>> welcome back to "worldwide exchange." in corporate news this morning, ford reporting a loss of $2.8 billion sales fell shy of analyst estimates but investors are focusing on ford's push toward electric vehicles. it plans to spend more than $22 billion through the year 2025, double what it previously announced for ev development those shares you can see up about 1/2 of 1%. >>> snap is reporting a bigger than expected 4th quarter net loss still though revenues jumped 62% beating forecasts. daily active users on the snap platform rose 22% to 265 million. but snap is warning a new privacy feature

publisher activision says it was enhancing its own anti—cheat software.ustralia could soon be getting an upgrade. existing cameras detect offences like mobile phone use. now, instead of being hit with a fine, drivers will be warned by a roadside display. continuing the road theme, swiss researches have developed a computer vision system to allow motorcyclists to take bends more safely. using cameras and a display, it calculates the optimal trajectory and speed through a curve. and finally, everyone�*s favourite — and/or terrifying — robot dog now has an arm. spot, developed by boston dynamics, can now perform tasks like tidying up, opening doors, and writing massive messages in chalk. it can now also be operated remotely. good boy. i've been working home comment from home now for almost a year, and it's safe to say i've done a lot of slouching. and i started getting worried i might be doing myself some harm. i've also been bombarded with instagram ads for this gadget that makes you sit up straight, so i thought i'd give it a go. this is the upright go 2,

activision, there will be more online usage. more beneficiaries of 5g.there anything you want to see for example, components that go into the vaccine? i don't know if you look at this e.u.-u.k. spat for e.u.-astrazeneca spat as a game changer. >> i do not know if it will be a game changer. it is probable, depending on which side you are on. in terms of fundamentals for the companies, i am not sure is going to matter too much. astrazeneca is confident on how things were written. mckesson is a company we own which does not make the vaccines , but it is a government appointed distributor of the moderna vaccine. i think there is going to be a real emphasis on getting that vaccine out there quickly, so. francine: where do you see the next -- we are talking about a cash crunch in china. where do you see the next faultlines for the market? >> interesting, china reducing liquidity sent the market into a small tailspin. we saw gamestop and the deleveraging that is happening on gamestop is something that is dragging markets right now. you look at the stocks hedge

activision had a different story. you saw them beat their expectations. not only in the fourth quarter but the 2021 forecast. tying their strong performance to strong names like call of duty and bonus canty trust -- candy crush. pinterest, strong quarterly sales beating estimates. another boost. we will look at what happened today, the nasdaq hitting a record high after look at this, three days of gains. this will be the fourth straight session in positive territory. outperforming even the s&p 500. emily: but no gains for gamestop. closing at $53 a share today. is the rally over? >> it kind of seems like it. you saw an 80% drop just this week. but this does not mean retail bid is over. it is over potentially just for the stock. you kind of see them shift focus to biotech instead. i want to bring your attention to two stocks cutting retail love. gaining at 33% and 43% respectively, the stocks on your screen. look at them again retail bid it is not gone. it has just gone to a different place in the stock market. emily: thank you for that round up. we will k

. -- activision.: salesforce earnings out after the bill, company boosting revenue views after consumers spend more on software but slow down. shares down after hours, chris rothstein joins us. chris: yeah, they reported another solid quarter, 5.8 billion dollars in revenue in 20% year-over-year growth, but you are seeing overall the market had a rough day over all, and there are some investors wondering if they are going to grow mainly through acquisition, and even though they raise guidance, acquisitions aren't paying off for them. the acquisition for the fiscal year 2021, which they just finished, these big acquisitions aren't paying off but they keep getting bigger and bigger, which is worrisome for some investors. -- big acquisitions are paying off, but they keep getting bigger and bigger, which is worrisome for some investors. emily: you think black will pay off? chris: great question. when they announced it, the stock went up a little bit but anytime you have these huge acquisitions, when you l

and, of course, to take two. >> look, activision blizzard gave you a nice dividend boost there are games they put on that are sensational. i know the take two has been consistent sells at 29 times versus higher than the others. if you look at the chart, there's resistance after every quarter. strauss does not hype his company. he's straightforward and let the stock come in and buy it once again, gamestop, not mentioned by name, but you just don't go to gamestop to buy games anymore. it's just not the efficient way. >> yeah. a lot of earnings to chew on this morning we'll get to dupont and carrier and fox, of course, ahead of sysco and twitter tonight. a couple upgrades. consolation brands at goldman. we'll talk about that when "squawk on the street" comes back what if you could have the perspective to see more? at morgan stanley, a global collective of thought leaders offers investors a broader view. ♪♪ we see companies protecting the bottom line by putting people first. we see a bright future, still hungry for the ingenuity of those ready for the next challenge. today, we are translatin

activision had a different story. you saw them beat their expectations.ot only in the fourth quarter but the 2021 forecast. tying their strong performance to franchise names like call of duty and bonus candy crush. pinterest, strong quarterly sales also beating estimates. they are setting a strong holiday season. another boost for pinterest shares. the nasdaq 100, hitting a record high. after, look at this, three days of gains. it shows you it is near positive gains. >> but no gains for gamestop. closing at $53 a share today. is the rally over? >> it kind of seems like it. you did see an 80% drop just this week. 83.5% drop to be specific. this does not necessarily mean the retail bid is over. it is over potentially just for this stock. you kind of see them shift focus to biotech instead. i want to bring your attention to two stocks cutting retail -- getting some of that retail love. gaining at 33% and 43% respectively, the stocks on your screen right now. look on a weekly basis. those are rallying 95%. once again, that retail bid, it is not gone, it is ju

activision, strong goes -- growth in their franchise and that showed up in stock performance. want to look at a one month chart of gamestop. you cannot do a market check these days without talking about gamestop, look at the rally and how far we have fallen. at the peak we were up 2000%, now, today, up 78% and then pulling back. emily, this room a fascinating story and we will have to see what comes next. emily: absolutely, kriti, i am watching it every day, thank you for the roundup. it may seem the meme stock mania is dissipating after gamestop's $27 billion wipeout. there are still 16 companies with shares up this year. i want to bring in our cross asset reporter, claire valentine. shares still up since this retail rally started, what is stepping out to you right now about the latest turn? >> it is interesting, we have seen a lot of vstoxx come back to earth. -- a lot of these stocks come back to earth. many are posting giant gains. now, after the close, 17 of the original 50 stocks restricted by robinhood posting more than 100% gains, remarkable. some that stand out our ga

apparently riyadh and the big public investment fund there invested in take-two activision, as well asarts. apparently a lot of this shouldn't be surprised -- shouldn't be a surprise because he talked about his affinity for video games and how he would like to see more investment in that space. shop of high -- shopify reporting earnings today, pretty much knocking it out of the park. a lot of people now concerned about whether they can continue this pace of growth. obviously a huge beneficiary of the covid shutdown. keep an eye on the maker of these multilayer batteries for evey's. they finally showed some proof of concept last night that these things could work. this is basically going to be a safer, cheaper, and potentially longer-lasting alternative to lithium-ion batteries that are now popular. they still have a long way to go to get these things made, but if they do, it is going to be a big eel. microstrategy ate about $1 billion in purchases of bitcoin over the last eight months or so. now they are going to borrow $600 billion of convertible debt and use that to add more bitcoin

publisher activision says it was activating its own anti— cheat software.vers will be warned by a roadside display. continuing the road theme, swiss developers have developed a vision system to allow motorcyclist to take bends more safely. using cameras and a display, it calculates the optimal trajectory and speed three curve. and finally, everybody�*s favourite robot dog now has an arm. spot, developed by boston dynamics, canal perform tasks like tidying up, opening and writing massive messages in chalk. it can now also be operated remotely. good boy. i have been working home comment from home now for almost a year and i have done a lot of starting. and i started getting worried i might be doing myself some harm. i have also been bombarded with instagram ads for this gadget that makes you sit up straight. so i thought i would give it a go. this is the upright go to and go. this is the upright g0 to and you wear it at the top of your back. it comes with sticky pads so that you can stick it to your skin or you can wear it on a neckband stop and i prefer the

we have two interactive lower came out with earnings a little bit of a disappointment down 5.8% activision blizzard up 1.7% and microsoft the parent of xbox is moving higher by three quarters of 8%. it is not just child's play were looking at the bedding apps, mobile bedding, draftkings, flutter the majority stake in fanduel, pinned national gaming in our parent fox that has fox back, we have a mixed picture to up to down, i want to bring in the traders from the floor show tom hayes and scott bauer. with all signs pointing to mobile where people want to consume media right now what do you like in this phase? >> the interesting thing about the deal 2.4 billion cash was despite tac stock trading at 2026 times earning they decided to not use any stock. if management wants to hold onto their stock i want to hold onto it $175 billion industry 50% of that is mobile, glue has 14 million monthly mobile users ea has 100 million but blue grew at 25% in q4 ea is only growing that at 3% so this is going to help ea grow their mobile ea will help grow the international exposure and distribution the comp

activision is well-diversified video game publisher, with a number of different titles very popular acrosss and fantasy games across pc, console and mobile. the pest publishers out there, the best positioned publishers out there are well-diversified in their offerings is well-diversified. liz: tencent, c limited, advanced micro device, which works the gpus. we have to wrong with so much breaking news. van ectetf up 88% year-over-year. dow crawled out of a hole. nasdaq not quite there. you read that in the headlines. [closing bell rings] 500 point deficit, the nasdaq reraced all of it. that will do it for "the claman countdown". ♪. larry: hello, everyone, welcome back to "kudlow." i'm larry kudlow. stocks staging a bilge comeback after spending much of the day deep in the red. jay powell very dovish i think that has something to do with it. dow up 14. s&p up almost five bucks. nasdaq down 68 points t was rigmarole, up down, up down, finished okay. this afternoon i want to start again with a theme. there is an economic boom being spurred on by the promising developments in the fight against

activision, blizzard, et, sy estee lauder and cramer loves it there's the stock up 7%.after this. ♪♪ it's only human to care for those we love. and also help light their way. ♪♪ it's why last year chevron invested billions of dollars to bring affordable, reliable, ever cleaner energy to america. ♪♪ the lexus es, now available with all-wheel drive. this rain is bananas. lease the 2021 es 250 all-wheel drive for $349 a month for thirty six months. experience amazing at your lexus dealer. >>> it is time now for the futures outlook and the week ahead of economic and treasury data will have a chain reaction and impacting on gold and elsewhere and scott nations explains. >> the traders will have lots of data to trade off of next week, and when we get the consumer index trading and then on wednesday and thursday we will get the supply of the u.s. treasury scheduled to trade the notes and bonds a a s and all o data will be driving the interest rate, and so the ticker symbol for gold symbols is gc and each contract is 100 ounces and the increment is 10 cents an ounce and a singl

i'll get another chance to get it cheaper, scott >> what about the calls that you've now sold in activisiond, in intel and the jets and etf and children's place, united natural foods and unity software and zynga, as well? >> sure, and most of those sales were trimming at the end of the month, scott, but to not be too long winded, one of the reasons that i got out of jets was i sold out of my united and sold out of american because i think they've had just phenomenal runs and they usually don't hold on to those runs for very long, so i thought i would get out of both of those and that was a couple of weeks ago and now i'm out of the etf that tracks those, as well, so i don't have exposure in the airlines except through saber which i still own, scott. >> gotcha. amy, you bought more j.p. morgan and more regeneron >> j.p. morgan is the interest rate play that i talked about earlier. regeneron is one of our favorite holdings right now we think the company is dramatically undervalued for the shots on goal that it has one of the best science-driven companies out there trading at 13 times we think

and activision electronic arts an amd and nvidia you destruction ago the big companies like sony andbut clearly the college is very healthy. they're interesting all right rob, thank you as always we ran at a time we had a question here about say that for tomorrow. >>but that will give a quick reminder out for everybody else watching send those questions in we're going to try to squeeze them in when we dave our discussions with rob about all things financial you find on facebook twitter e-mail and directly and always connect with them on ou like, seeing my mom. it's unthinkable to me that i can't see her and i can't hug her. not being able to hug is just like somebody has to tie me down. touching someone to say i love you, to hug you... those are the things that i miss. ♪ ♪ ♪ ♪ are you ready to join the duers? those who du more with less asthma. thanks to dupixent. the add-on treatment for specific types of moderate-to-severe asthma. dupixent isn't for sudden breathing problems. it can improve lung function for better breathing in as little as 2 weeks and help prevent severe asthma at

stuart: we just had a quick look at activision bill-- activision blizzard way up, up 11% higher peerall of duty game maker, the most famous game they make and sales blowing away wall street forecasts. the newest installment in call of duty and also we new covid has been a boom for gaming, record to spend it during those times of lockdowns at mrs. containing the theme of 2021. stuart: we are off and running this friday morning. we are approximately seven minutes into the trading session and have a rally for the dow jones up about 150 points, 31200 with a gain of about a half percent. 10 year treasury with what john calls when you have an upside move and they yielded some bullish sign for the economy and the yield is up to 1.15%. at the 10 year treasury. price of gold $1800, never really was a safe haven in the frenzy. the price of silver, 2670, way off the high of $30 an ounce earlier this week and bitcoin up again, $38450 i'm interested in oil. it hit $57 and it's staying at $57 meaning the price of gas you pay is going up with the average national is $2.46 a gallon, up to 20 cents i

stocks aren't as popular anymore and you can see this, again today, the amazons, electronic arts, activision're not having the energy they had six or search months ago and that's evident again today in the trading situation. finally just want to note, we have briefly, carl mentioned, happy birthday nasdaq. it was february 8th, 1971, it was 50 years ago, nasdaq began operations that's quite a feat here you know, it was originally a quotation system you couldn't trade on nasdaq it was just a quote system and they, their main thing, they really helped lower the bid/ask spreads because all of this stuff was over-the-counter and it was people on telephones and the bid/ask was a mile wide. once you start being able to see it on a computer screen, which is what nasdaq did, and you couldn't trade, but you saw it on a computer screen, the bid/ask started to narrow. and that was a big contribution that nasdaq made, in 1998, they were trading online, remember the first one, traded online, but it is a big thing, and remember, you can buy the nasdaq, you can buy the etfs around it, several of them, and t

and we really document from other city departments and throughout the activision, when they write their documents to ensure alignment and consistency. we answer inquiries around covid-19. and we also inform and facilitate policy recommendations of how san francisco wants to react and make decisions around covid-19. and so within the organization structure, we're on the right-hand side. that's the information and guidance branch. our sister branch is the joint information center, which does a lot of the public-facing p.r. related elements. and so talking about how we're organized, so we're actually about a 50-person operation, of which 50% is d.p.h. and the other huge proportion is coming from the library. and so if you see the org chart, we have the assistant director dedicated to reopening. we have a number of project managers and content managers that help manage all of the projects that we have at any given time. what i like to call the secret part is the content leads and subject matter expertise. they really make sure that everything we put out looks good, it's right and it's actua

. >>> also, check out shares of activision they reported an adjusted profit of $1.21 a share that beats they gave an upbeat 2021 forecast with the call of duty franchise. up 8.4% this morning "squawk box" will be right back. >>> welcome back welcome back here's a quick roundup of the latest headlines out of washington the senate voted to approve a budget resolution that allowed them to pass the $1.9 trillion covid-19 aid plan without republican support vice president kamala harris would pass the tie breaking vote the passage triggers the legislative tool well known as reconciliation the aid bill can be passed with a simple majority. it now goes back to the house where it's expected to pass quickly. the house voted to strip, meanwhile, congresswoman marjorie taylor greene her committee assignments as punishment for extreme views and conspiracy theories. 11 republicans sided with the democratic majority. the former president quickly shot down a request to testify under oath for the senate impeachment trial. trump's lawyers called the request a publicity stunt. all right. coming up and --

and we really document from other city departments and throughout the activision, when they write their documents to ensure alignment and consistency. we answer inquiries around covid-19. and we also inform and facilitate policy recommendations of how san francisco wants to react and make decisions around covid-19. and so within the organization structure, we're on the right-hand side. that's the information and guidance branch. our sister branch is the joint information center, which does a lot of the public-facing p.r. related elements. and so talking about how we're organized, so we're actually about a 50-person operation, of which 50% is d.p.h. and the other huge proportion is coming from the library. and so if you see the org chart, we have the assistant director dedicated to reopening. we have a number of project managers and content managers that help manage all of the projects that we have at any given time. what i like to call the secret part is the content leads and subject matter expertise. they really make sure that everything we put out looks good, it's right and it's actua

and we really document from other city departments and throughout the activision, when they write their documents to ensure alignment and consistency. we answer inquiries around covid-19. and we also inform and facilitate policy recommendations of how san francisco wants to react and make decisions around covid-19. and so within the organization structure, we're on the right-hand side. that's the information and guidance branch. our sister branch is the joint information center, which does a lot of the public-facing p.r. related elements. and so talking about how we're organized, so we're actually about a 50-person operation, of which 50% is d.p.h. and the other huge proportion is coming from the library. and so if you see the org chart, we have the assistant director dedicated to reopening. we have a number of project managers and content managers that help manage all of the projects that we have at any given time. what i like to call the secret part is the content leads and subject matter expertise. they really make sure that everything we put out looks good, it's right and it's actua