although it has debts of more than $10000000000.00 the streaming service has prompted the likes of apple disney a t.n.t. and others to launch similar services of their own according to the motion picture association of america a trade body streaming services now have more subscribers worldwide than those with a cable connection. but monday marks the end of self-imposed closures for business and industry across china cities continued to grapple with the deadly coronavirus outbreak beijing has urged some industries like aviation to resume operations get some large employers including ali baba and foxconn will remain closed other companies are asking employees to work from home the death toll from the virus was to more than 100 over the weekend. the new coronavirus isn't just hitting the chinese economy tourist hot spots around the world have become reliant on chinese visitors in recent years now european destinations are feeling that sense. more than 2000000 chinese tourists visit france every year they're becoming a significant factor for the french economy the chinese group tours and travel pac

although it has debts of more than $10000000000.00 the streaming service has prompted the likes of apple disney a t.n.t. and others to launch similar services of their own. according to the motion picture association of america a trade body streaming services now have more subscribers worldwide than those with a cable connection oh that's it for me and the business team to check us out online dot com slash business i'm seeing music thanks for watching. can inspire. people. to go africa fantastic right. join them as they set out to save the environment learn from one another and work together for a better future. costs to you all putting it. on. takes to personally. with all the wonderful place to music that makes the game so special. for all true fans. pick up more than football long line. this week on the world stories. the united states hostility toward jews. gonna tomato growers struggle to get by. but our 1st stop is china ever since the coronavirus burst onto the scene many of china's megalopolises seem like ghost towns even the capital beijing. a rare sight in the dry winters of beijing t

disney. i think they are going to really start gaining market share and of course apple, big splash, more subshan hue will you and disney already out of the gate so netflix, apple, disney. >> kind of overlooked, apple on that point. >> not a lot of content. but they are roughly 33 million or so in subs. >> who wants the last word on this before we move to the final trade? >> well, they beat -- international subs were part of it i think the expectations in the request quarter were not good. reed hastings has been encouraging about the competitive landscape but basically saying the move from linear tv helps us all i think it needs to be profitable and that's what it comes down to. good for them, i mean with those nominations. there is no question they are producing content but what's the cost and cash burn because the other guys are not burning cash like this. >> this show goes by fast. who wants to go first on final trades. >> eep though you're sick of me talking i'll say we talked about gm early in the showlet me get it out of the way. but the valuation and earnings dividend yield makes sense.

monday and looking here at the equities heat map you can see how bloody this entire selloff is with apple disney tesla. new video and all the oil names subsequently falling with them with the most exposure to asia however if we take a look at the little green specks of green on the map and there's not many green you can see that gilliatt here which is a front runner in developing a new experimental drug treatment to cure a coven 19 that was up almost 4 percent today and then over here you have all the gold miners here newmont barrack harmony and beta goldcorp all them up about 3 percent on the gold rally and then finally interestingly enough we have a z.m. here is in communications and peloton rallying as workers rely on telecommuting and avoid public areas like jinns to prevent further spread the news flow now on colvin 1000 has taken another more negative tone over the last few days and we're starting to see a sizeable risk on the move this economic toll is also starting to expand with manufacturing around the world showing the negative effects of the outbreak. and to break this down further l

industry, airlines, cruise lines, apple, disney, china. if these two tracks merge, forget about it.ey need to figure out, do they want a czar, want to call it a czar, run out of hhs or national security council? my bet is out of the last. who will it be and how to keep everyone calm without acknowledging they're taking it seriously. we will begin to hear about it. >> this is when it is important for the president seen as an honest broker and trustworthy and deals in facts. half of the country do not see this president, probably more if you have republicans in private moments don't see this president as an honest broker and talk about what's in the best interests of the country and not best interests of his own reelection. it will be an important moment for him to get up there tonight, if he chooses to, if he talks about it as president for the entire country and not president for republicans. >> and someone who study this brief. it's no shock he would be surprised by something like this, can understand this. you can study this like in the obama administration in ebola to figure it o

so we've had a pocket of fear, apple disney vista worst performing stocks. it my favorite stocks are on sale thway i look at it, but i'm not by any a i wanted to go lower. all the way to a 20% bear market by and right now we are any technical correction. bottoms are typically not de until eople panic until you see a company go bankrupt til you see some sort of big investment brokerage collapse you're thinking this has way to go before we hit bottom right the 10 year treasuries telling me ere's so much fear it's sitting at 1.2 5% but it's telling me there's , massive amounts of fears bically say. >>let's renju the us treasury right pay their bills they always pay back. but if you can 1.2inflation to 2% you're losing money. so until the the vick settles dowin volatility until the 10 year starts crping higher until the dollar starts creeng higher or til some sortof cataclysmic event where. western union. so sortnext why the bank goes bankrupt. that's when you buy stocks aggressively. this is a great portunity stay away from travel stocks in my l stocks are cert

there are a lot, some of the best companies in america and we will highlight three on the screen, apple, disney and nike. all percentage down double-digit for the week. 12 and a half, 15, 11%. carol and susan, we can talk about this in the context of what tim cook told you about the shares. how do you know when you look at a stock like that, it's time to get in around the edges and start buying again because these are too much. >> these are all stocks that were priced to perfection, it depends on your own portfolio and risk tolerance, the least attractive for me as apple because if you have a lot of exposure to the broader market apple is such a major part of that that you don't necessarily need to pick it up individually. but a company like nike even if it does have disruption in the supply chain in the short-term, it will recover in the long term, when you get into a multiple level that you feel this is a really good evaluati evaluation, that's when you can feel confident and it has a little bit of room not potentially as much as the other. >> there's many other examples, these are back at le

i know they are big names, amazon, apple, disney. i may or may not want -- those are intended to be investments, but if i have to turn them into trades to make money, that's what i'll do. liz: okay. ed, i want to point at gold up on this board here. gold is up 12 bucks. it had been up $30. now it's at $1,660. why such an interesting move on a day where there is so much fear? >> well, i think the biggest mistake investors can make is think about gold as a trade. it truly is an investment. when you think about what it does in a portfolio, more and more investors are thinking about it as a core allocation. i wouldn't get too caught up with gold going up or going down in any one given day and really focus on what's gold, you know, what's its purpose for your portfolio. is it allowing you to stay invested in other stocks and know that you have an asset that's going to move at different times for different reasons. so i wouldn't get too caught up on what gold does today versus tomorrow and continue to focus on the long-term direction of go

some of the concerns with apple and disney is the lower price. they are priced for growth.ou substitute that with advertising. who is winning that? dallas: the consumer actually wants an advertising-based model. subscribers are advertising. the three key leaders in the ku has a strong advertising play, disney is very smart, and hulu had a model. dataast entrants are the players, those helping advertisers understand the ecosystem and how to enter advertising. taylor: you mentioned hulu. my producers and i have been talking about this. there's been this shift to cutting cable. hulu has that live tv experience. comcast is tied to peacock. you have cbs all access. wars within live tv the applications? dallas: youtube is doing really well. i think hulu is in a very unique position. if you think about the bundle, go back to disney, already today in the united states, espn plus, hulu, and disney plus, they have more subscribers than netflix in the united states. advantagee positional hulu will have puts them in a strong position. taylor: dallas lawrence, thanks for your insight. c

apple, google and walt disney, who do a lot of business in china and rely on it for making goods, hadwn 4.5% in trading on monday. airlines and hotel chains fell dramatically as people cancelled travel plans because of fears of the spread. if the impact of the virus is as serious as some investors suspect, it could even derail the longest economic expansion in american history. samira hussain in new york. earlier market analyst market yang told me how this is one of the first times the outbreak‘s how this is one of the first times the outbrea k‘s impacted how this is one of the first times the outbreak‘s impacted the global markets through this kind of degree —— margaret yang. we saw a massive sell—off globally last night and i would call it panic selling because of the re—escalation of the current coronavirus with the number of cases increasing sharply globally even though the number of new infections has dropped to a manageable level in china. what are scared investors is this virus, although less deadly than sars, may change people's behaviour, change consumer confidence and sentim

apple, google and walt disney, who do a lot of business in china and rely on it for making goods, hads down 4.5% in trading on monday. airlines and hotel chains fell dramatically as people cancelled travel plans because of fears of the spread. if the impact of the virus is as serious as some investors suspect, it could even derail the longest economic expansion in american history. let's talk more about the sell—off going on in asia. to find out lets cross straight to asia business hub where sharanjit leyl is following the markets for us. nice to see you. we saw moments ago,japan nice to see you. we saw moments ago, japan done by over 3%. talk as to what is going on. asian stocks following on from what wall street did yesterday. asian markets have been reacting. concerns about the coronavirus. bombay index was higher a little earlier. a rise in the number of deaths outside china, having spread to some 37 countries and territories is what is worrying investors. selling businesses and global group. it things like oil prices, we know many factories in china have stalled and that is hitti

apple, mcdonald's, disney and starbuck's have all closed some of their retail operations in china.nd general motors are shutting down some production. cnn's cristina sl erkalesci is me, along with a spokesman of michael bloomberg. cristina, how big can this be? >> back in 2003, the last time china faced an outbreak, it accounted for nearly 4% of global activity. last year that number was 16%. bottom line the global economy has become more dependent on china for activity. when you look at the u.s., there are three major ways that a slowdown in china can impact the u.s. negatively, but all of them are tied to the idea that chinese workers are going to stay home, they're not going to travel for vacation or they won't spend. the first you talked about is the impact of businesses on china. places like starbuck's and mcdonald's have had to shut down stores. manufacturers like tesla and apple who has manufacturing over there, those guys are facing either production declines or shutdowns entirely. then you have chinese tourism. the chinese who are coming to the u.s., for example, goldman s

. >>> apple, mcdonald's, disney and starbuck's have all closed down some of their retail operations in china. tesla and general motors are among the companies that have closed factories and actually sent workers home in order to curb the spread of the virus while airlines are cutting flights to and from the country. while these companies are obviously putting health concerns first, how big could the financial impact be? >> fred, no one has an exact number at this point, but let me give you the context that does matter right now. china accounts for a much greater part of total global economic growth than it did the last time it experienced an epidemic like this. for example, take a look at these numbers. china, in 2003, when the sar virus was at the height of the epidemic, they accounted for 4.3% growth. in 2019, it's responsible for 16.3% growth. people are staying home from work, not traveling within china and outside of china and not spending money. the first is the direct way, as you mentioned, are companies that have business in china, either shutting down stores like mcdonald's an

disney and apple were second and third followed by jeep, ford, bmw and playstake. reports measure the bonds we form with the brands we use. marcus and laura? >> it's pretty fascinating. >> anything you need, look on the phone. >> i think so, too. jeff bezos has famously said he is consumer obsessed. apparently it's working. >> it's fascinating finding out what people like. they even watch you in stores. >> you told me about that. >> i find market research so fascinating. >> second career. >> always watching. thanks, rahel. >>> up next, kari hall checking the thursday forecast. think we need to shop for some sunglasses? >> later today. we're dealing with fog and light and patchy elsewhere. we'll talk about this and look ahead to the weekend coming up next. >>> and i'm analyzing these consumers. they must love the bay bridge because they're always hanging out there. we'll talk about the bridge to the north. first nbc bay area responds. >> reporter: it's one of the few things we are forced to buy when we're signing all those papers. we have no idea how it works and we

will let the dow winners, nike, caterpillar, apple, disney all of them up in percentage terms, a rallys the board. what else we got nasdaq, tesla, huge winner, microchip, lesser-known companies also moving out. >> all of these moves you are seeing including tesla have been beaten down for china exposure in the stocks you see apple, the chip companies that have the china exposure, that's why we are getting the relief from the china problem. >> all the major averages are positive for the year. in other words all the major averages have recovered from the virus scare. we don't know how far this is going to go, we don't know how long it will last. larry kudlow told maria the impact on america will be tled to be much tougher for china but minimal here. i think that has helped the market a little. >> they said maybe half a percentage point on gdp and it will bounce back next quarter and in asia as well as china and the to go 4% that's a consensus among most major economists. it will jog 4% enter gdp. that's our experience with sars in 2002 in 2003. and 71 billion overnight in the federal ban

larry, apple is one of your top holdings so is disney, another one of the dow's biggest laggards youdon't have ne jerk reactions on a day like this, but what kind of data points are you looking at where coronavirus is concerned when it has to be with those stocks? >> well, i think, jon, the most important thing is to get yourself out into the real world, so when i'm in new york, i will confess, i read the subway or i ride the subways and when you look at the people sitting across from you, probably 60%, 70% of them are on cell phones. i was also wondering around sojo, doing some shopping on saturday, and there was this store that was really much, much busier than any of the others. turned out to be an apple store. so i look at apple and you have the numbers and the numbers are very, very persuasive. the free cash flow generating ability is just unprecedented. but you also have this consumer franchise that i think is not appreciated. apple is basically a part of people's lives it's going to continue to be a part of people's lives you'll have this hopefully very significant technologic

and it is notjust growth in china, businesses, everyone from apple to nike and disney have been warningave on their bottom line going forward. many are worried about the economic damage the closure of many factories is having, a move that is already beginning to hit global supply chains. services is also taking a hit as people are encouraged to stay at home. before the coronavirus, most banks were predicting chinese growth of at least 6% in 2020. now many are saying it will be significantly lower. you have got the likes of ubs and anz all downgrading their growth forecasts. but it is not all doom and gloom, some are predicting that beijing's expected stimulus measures may offset the virus‘s impact on the economy. thank you. so it was more the positive side of that story that was keeping markets buoyant today. it was a strong training session for nearly all the markets, which is good given that the coronavirus, the numbers of people who have died and been infected are going up daily at the moment. let's look at europe. 0ne the moment. let's look at europe. one of the companies with its n

lauren: disney online and apple and because of that roku added 4.6 million new users, raised their guidance full year by, they said revenue will come 42% higher in 2020, they are making money for advertising. stuart: do you think it's the streaming stock to buy? >> 40% share, we know everything is going to stream, the fundamentals look excellent. stuart: it's a box and put it on top of your set and it makes it easy. ashley: piece of cake. stuart: netflix has released trailer to one to have biggest shows. lauren: stranger things season 4, you can stream on roku. for the third season, they set a record in the first 4 days of viewing one of the metrics that they use, more than 40 million people watched it, so they will do this again hopefully with season 4. stuart: how many people watched? >> 40.7 million people watched season 3. stuart: 40 million. lauren: as soon as it came out, they didn't all complete but started watching it. stuart: you get into the super bowl. lauren: exactly. stuart: really something. pinterest, facebook launched their own photo-sharing app. >> it was done quietly and u

spend on entertainment and building out enough video content to be seriously a competitor to now disney, appletflix, and that could get very costly we'll see if shareholders are affected by some of those numbers as they get bigger, which undoubtedly they will. >> is this a year amazon outperforming those names? >> to me it centers on the cloud. i agree with josh. i don't think the spend really matters. this company is doing well in all cylinders. i don't think that's where people want to buy their luxury goods from, but look, the cloud is going to accelerate it's not mature yet. so i look at it this way you're paying for the cloud. you get the rest for free, optionality. >> it's not a big number, compared to bezos' net worth but it's big for the world they don't have much to show for that 6 billion there's a handful of shows people will casually talk about. they don't have a "game of thrones. that might change with the new head of the studio they might get better at it. they spend another 6 billion and are still where they are now streaming, it's not going to be a good time. >> you have to loo

impact but i do think that -- that the market will look through on the earnings with starbucks, disney, apple well, you mentioned cdc, the cdc could get in there, dagen, chinese would not allow to go independently and understand how this originated and where id originated. >> can you trust the economic growth numbers coming out of china and anything to do with the financial state of china, but now we are talking about life and and death and the rest of the world at risk because of the virus, this is something -- you look at futures, they are waking up this morning and saying we can't get our arms around what is really going on in china with 242 new deaths in province, china has not been forthcoming on this an neither has the world health organization, the wall street journal has a big front page story today about the who is drawing flak for the coronavirus response, the director general not long ago said china is actually setting a new standard for the outbreak response and that is just simply not true, that was the end of january that the director general at the who -- >> i just want to say

consumer hearts ranked number one in brand inter intimacy study looking at emotional bonds with disney, aprilin apple. >> interesting, no social media companies. >> overriding the positive feeling. amazon just makes many people's lives more convenient. >> isn't that jeff bezos's thing? >> here you go >> don't know if this is going to be a win with consumers kfc releasing a pair of crocs. the top style looking like a piece of chicken and the soles look like a chicken bucket priced at $60 and will be available in the spring. they have normal and then the platform for your more stylish croc lover >> this is funny it is getting people talking croc the charms are called giblets. there is a team that made these and made a boat load of money. >> moves you need to make in the day. dow jones pointing to a lower open to the tune of 187 points nasdaq off by 183. >> "worldwide exchange" is back in a moment. when it comes to your business internet, which is more important? ♪ ♪ okay, i wish i didn't have to choose. like the more i think about it, the more i want to jump to each room. what if i said you can have it

it is a variety of things from apple to nike, to walt disney to american airlines, to united.use what happens in china touches so many companies that operate in america we see quite a widespread impact. more on the coronavirus outbreak in just a few minutes. let's take a look at some of the day's other news: donald trump and his wife, melania, have departed new delhi following a two—day visit to india, which culminated in a summit with the indian prime minister narendra modi. the president, who was a guest at an evening banquet with modi on tuesday, said india and the us were making progress on a trade deal. also making news today: lawyers for the disgraced hollywood film producer, harvey weinstein, say he will put together a team of very brilliant lawyers to lead his appeal against conviction for sexual offences. he was found guilty on monday of a criminal sexual act, and rape in the third degree, and was then taken to this hospital under guard after reportedly falling ill. here's his spokesman. i just visited harvey weinstein in what looks like a typical hospital room with a

so it's a variety of things from apple to walt disney to american airlines, it is really because what in china touches so many companies that operate in america. we are seeing such a widespread impact. let's pick up on some of those issues. however the coronavirus outbreak develops from this point, we can already say with certainty that the economic conseqeunces are going to be enormous. already, efforts to contain the virus have disrupted supply chains, air travel and a range of cross—border activity, and kept millions of workers at home. here's our international business correspondent theo leggett. there of in these huge lockdowns, there have been factory stoppages, factories in china are still at 50—60%. people aren't able to go out and spend money, so the car industry there has taken a tremendous knock that's affected international companies which sell in china, so there's a lot of damage being done there. then there's the supply chain, so goods that are manufactured in china would normally be crossing the ocean and arriving in europe and in the united states a few weeks later. no

apple, nike, walt disney, three companies that you see have had the big falls on markets because theyer. the worries about the financial impact have been bubbling around for a while. why the sharp drop that we are seeing now? i was reading that the dow is down a thousand points at one point. that isa thousand points at one point. that is a massive drop, something that we would never normally see. there are a lot of people asking that question, what is it right now? if you look at 77,000 cases in china, we have seen that is crippling the chinese economy and it is going to ta ke chinese economy and it is going to take even longer for the chinese economy to sort of get back online and start production as it had before. that is one concern and that is having a ripple effect throughout the country, throughout the world. that is because so many companies do all of their manufacturing in china will they depend on china to consume the goods that they make. we have talked about china, but we have just seenin talked about china, but we have just seen in that report about what is happening in so

how many 5.99 a month disney plus subscriptions make fora family of four how much do you spend at shanghai, hong kong, a lot. >> it was the same thing with apple. it was a hardware company until it wane. it's about services not hardware disney about streaming not parks. >> lets talk about streaming right now because i understand we are going to julia who has breaking news on hulu. >> that's right. disney announcing on the earnings call right now that hulu launches in 2021 internationally after disney plus is through the bulk of the international lawmakers. this is a big deal hulu has been focused here in the u.s. it does -- they did reveal some growth numbers for hulu with 30.4 million subscribers in total. 27.2 million of those just streaming video on demand but that's just domestic this is a big deal when hulu launches internationally in 2021 back to you. >> big international launch in 2021 we'll go back to streaming steve grasso here. because there was a school of thought -- it's a little weird but there -- which is that the streaming companies may benefit from what's going on because people are confined in china in particular to homes. our

connell: just one of those numbers they benefited from new services disney plus, apple plus.ing the burn. critics are worried over the idea that the possibility bernie sanders may end up being the democratic nominee. seems like a good possibility. mike bloomberg taking advantage of social media. how the billionaire is teaming up with influencers to promote his campaign. he is very hip. someone's campaign is. ♪. hey! my focus is on the road, and that's saving me cash with drivewise. who's the dummy now? whoof! whoof! so get allstate where good drivers save 40% for avoiding mayhem, like me. sorry! he's a baby! hi with the world'se first invisible trailer. invisible trailer? and it's not the trailer right next to us? this guy? you don't believe me? hop in. good lookin' pickup, i will say that. oh wow. silverado offers an optional technology package with up to 15 different views - including one enhanced view that makes your trailer appear invisible. wow. - that's pretty sweet. - that's cool. oooohh! that's awesome. where'd the trailer go? i love it. it's magic. melissa: enforcing

selling off today despite beating fourth quarter sales in latest earnings and thanks to debut of disney and apples of the streaming player and media player recorded a 4.6 million active account in the quarter, that takes a total of 336.9 million users, speaking into the red midday, online review company yelp getting zero stars after reporting lower than expected revenue, car gurus, digital auto sellers seeing worst day ever, crashing to now record low on week for your guidance. red certainly the color of the day but it is the season of love as you know it is valentine's day and what are you waiting for, we will get you so much more right after the short break, the claman countdown returns. at comcast, we didn't build the nation's largest gig-speed network just to make businesses run faster. we built it to help them go beyond. because beyond risk... welcome to the neighborhood, guys. there is reward. ♪ ♪ beyond work and life... who else could he be? there is the moment. beyond technology... there is human ingenuity. ♪ ♪ every day, comcast business is helping businesses go beyond the expected, to d

the maker of streaming device benefitting from the launch of disney plus and apple tv plus.view with roku ceo today shares of yelp falling today more local advertisers chose to shift their spending from the holiday season into the new year yelp shares off. >> a special valentines day trending >> i dressed for valentines. >> clearly olive is the new red people are expected to spend $1.7 billion on their pets today. up 17% from a decade ago saying more than one in four people will give their pets a valentines day gift. with the offering consumer spending roughly $12 per pet not breaking the bank. overall spending a record $27 million. >> i recognize this dog. don't we have sound on this. she's talking to me. her name is olive. when you are talking about valentines day and loving your pet. >> that is my true love. >> how much did you spend on teddy? >> i haven't spent anything yet, i have time. happy valentines day everyone. billboard put together a list of top love songs of all time using the chart to create the ranking. song hz to have the word "love." "how deep is your love.

>> caller: preventas, disney and apple. >> okay, let's do some work here we've got an oil -- -- no. the stocks that are killing everyone. anybody who owns them is probably feeling great about bernie sanders because they're giving away money to other people because they own these. and this is a publicly traded yield performer and mlp, and it's terrible. now we got disney. bob iger use distinguished himself as a guy well ahead of the pack ring central has been a horse. it's one of the best of the internet stocks that we follow, serves and business communications ventas, deb, please come on. that was a really nice quarter we've got tech, software as a service -- we got disney, entertainment, and ventas, a real estate investment trust run by our fave deb. and it was a magnificent quarter. paul in texas. >> caller: boo-yah. >> boo-yah, paul. >> this portfolio is international companies headquartered in london. so if you have any additional information about it besides being diversified, i'd appreciate it. >> okay. >> i have bt, bti, british american tobacco. >> gsa, glaxosmithkline. >> r

i'm noticing right now the bottom two, apple and disney, they both have china exposure and they are the only two dow stocks that have opened on the downside. only two. the other 28 firmly in the green. the dow is now up 140 points and climbing. that's not a huge rebound, let's be honest about this. you are down nearly 2,000 monday and tuesday, a bounce of 145 at the open on wednesday -- ashley: it's not a whole hill of beans. this is what happened yesterday, if you remember. we opened up about 100 points, said have we found stability? not in this environment. be careful. >> be cautious coming in. they got hammered yesterday when they went in and started bargain hunting. there are people again who have made their wish lists and are looking for those companies to hit their targets. there are a bunch now, unfortunately. stuart: we are up 160 on the dow. that is about .6%. okay. s&p, show me that, please. where is that? ashley: up. lauren: 1.7 trillion was wiped out this week from the market value of the s&p 500. that gives you perspective on how far we sold off. stuart: the s&p is up 18 po

. [ laughter ] ♪ thank you, streaming services like peacock, hulu, netflix, amazon prime, disney plus, and appleaughter ] [ cheers and applause >> steve: nice that's a thinker that's a thinker >> jimmy: preach >> steve: preach church [ light laughter ] ♪ take me to church [ mumbling lyrics ♪ [ mumbling lyrics ♪ ♪ take me to church ♪ [ mumbling lyrics >> jimmy: what what i have no -- something about church ♪ take me to church [ mumbling lyrics ♪ ♪ >> steve: something about church >> jimmy: i don't know the words to that at all [ laughter ] >> steve: doesn't mean i don't love it. >> jimmy: i don't know the words to it. what's lewis capaldi's song? [ laughter ] that's a great song. that's a big, hit song >> steve: yeah, it's like the number one song in the nation. >> jimmy: it's a great song. how does it go >> steve: almost -- was it >> jimmy: what's it called again? "someone you love" does that mean anything to anyone >> steve: yeah >> questlove: yeah [ laughter ] >> jimmy: how would you play it, though it's like -- >> steve: how does that go >> questlove: um, like - >> jimmy: how does it go again

cheryl: a little bit of pressure on disney this morning. we're watching apple.e a major focus at apple's annual shareholder meeting today. let's bring in lou bassineste. iphone production is going to certainly be an issue here, lou. >> i think it could be. we're not there yet. iphone production rams up in the summer. we're in the preproduction phase. cheryl: the components, though, because if you have factories in china that are shut down, even the pieces they need to build the phones aren't being produced now. >> i think we're getting into that zone where that might be a concern but ironically the final components aren't locked down until may. we have a couple months of leeway. i don't think it's time to play the freak-out song yet but it's something to worry about. if coronavirus wasn't happening, this shareholder meeting would be a nothing burger today. no one would pay attention to it. cheryl: they have other products in the pipeline, there's questions about where are they going to go with the mac, the next generation of apple tv, where is the car we've been

airlines, cruise companies, major companies, like apple and boeing, all indicating -- niz disney, they get hit in the profits as a result of what's taking place in china. huge consumer demand for american companies to move in over the last decade. >> and china is a huge consumer of oil. what sort of impact is that having? >> there was a knee-jerk reaction. and rightfully so. we saw prices go down to a one-year low. we're seeing a rally again. the demand from china has dropped by 3 million barrels a day on the interim here. they can import 10 million barrels a day. that's a big strike. crude is up 1.2%. and wti of the benchmark, up 1.8%. there's a technical meeting in vienna. this is supposed to make recommendations to the o keck agreement, the oil producers in the world. see if they cut production by $1 million barrels a day. perhaps more. this spilling over a third day means they don't have a consens consensus. but they're taking the issue very seriously. do they cut now? is it short term? these are questions for the market. but the cloud is lifting, as you can see in the oil and equi

get in the market because they are complete externals have nothing to do whether apple sells a lot more iphones or disneyew avenger movies. >> there is no reason to sell off if bernie actually wins this. there is more uncertainty with respect to the coronavirus and market dynamics than democrat leading in iowa caucus. >> absolutely. >> i don't see this -- david: look at other scenario, liz. what happens if biden it, would be kind of a surprise if he takes it all in iowa? >> if biden were a win. it would be a surprise. it would give people sure confidence that he would be candidate. david: by your logic -- >> i think that could hurt the market worse. i know that is not conventional thinking but i think it could hurt the market. david: steve, go ahead. >> one time liz and i disagree. having somebody at least reasonable on the economy for the democrats would be a good thing for markets. >> don't buy or sell market based on iowa caucuses. david: we have it covered no matter what the market does. see you tomorrow. take care. liz: l off and running. braise yourselves. there could be potential chaos how the dem

disney. >> i think for apple tv plus, i think they might try to be more like the old hbo but it will take them couple years to get content really going. i think they are both kind of d.o.a. >> peacock is another -- it's a hybrid. they are going to make it a free advertising sponsor business and you pay $10 and you can cut the ads. liz: we'll see how that works out. porter, always great to see you. ross, we know you love tesla. you took some off the table. i do have to ask you, we are really rushed here, but did you sell too early? >> no. not at all. i have so much tesla, i sold more today. you know, look, we have so much -- liz: really? >> nobody is talking about the three chinese electric car companies that are all ten times bigger than -- >> it's just when you make this much money, you have to take some profits. >> best short squeeze in history. >> i'm excited. liz: tesla is at $960 right now. we are appreciative of both of you guys coming on "the claman countdown." we'll be right back. imagine traveling hassle-free with your golf clubs. now you can, with shipsticks.com! no more lugging your

apple, 1.1% on session. walgreen boots, walt disney seeing nice gains, guys. melissa: jackie, thank you. connell: to talk about the gains in the market, gary b. smith, kadena group president and fox news contributor. perfect person to talk to. we joke about the market. you've been a doubting thomas. here we go, the rally that never ends. what do you make of it? >> first of all you brought up the doubting thomas thing. i don't think that is a fair way to start off but you're absolutely right! you gigging me, connell, fine. but i have been. i'll tell you why, even like a few weeks ago i said, probably there has to be a black swan out there. i thought, ah, the coronavirus. apparently the coronavirus is solved. nothing happened. impeachment, nothing. >> yeah. >> i will say one thing, i'm still skeptical and cautious but you can't argue with new highs. we had call it the coronavirus, you know, selloff if you will. we made like a v in the market. we're on to new highs. i'm skeptical, but at this point you have to be long. you can't fight the tape. connell: you can't fight the tape. i would say

disney plus only launched in november and has yet to to be rolled out everywhere. bob iger said half came through direct sign ups and others through deals like verizon or apple or roku. iger said many free trials it turning into paid subscriptions and customers are sticking with disney plus instead of canceling. marcus and laura, back to you. >> i forget and it rolls over. >> that is what they're planning on. more baby yoda for you. thanks, huh rell. >>> coming up on "today in the bay," meteorologist kari hall tracking our midday forecast. >> we're looking at 4:43 a live view in san jose. a clear start and cold and crisp. santa teresa in the upper 30s. a nicer warm up today. we'll talk about this and look ahead to the weekend coming up next. >>> and right here we are seeing traffic flying by with the taillights going north on 101 through san jose and i'm watching for the traffic to stop. we'll talk about why that might happen here and why you have to reroute for breaking news over in fremont. plus -- >> plus brand-new step being taken in southern california in the ongoing battle over immigration. ♪ ♪ the wait is over. try my new tiny tacos. 15 for 3 bucks or loaded

about the fact at the time he was on the board of apple, we even joked about it, i was saying okay, since you're getting ready, this is obviously pre-disney tv plus launch, do you excuse yourself when apple is talking about its streaming? yeah, i go out, excuse myself from the room. i check on emails on my ipad. a little humor there. obviously he did step down off the apple board. ii want to mention looking at stock, post-market reaction. eiger has been ceo since 2005. if you bought the day he became ceo you would have more than a 400% return. melissa: wow. >> he has done a phenomenal job. connell: that was quite a battle for him to become ceo at the time. >> you're so right to remember that, point that out. it is true. a lot of people said oh, you know, he is so smooth, he is not as aggressive as eisner. is he up to the job? he most certainly is if you judge by investor returns. then he put out the book, if you remember a few months ago, a lot of people were surprised, sort of 15 years, almost of a look back at being the helm of disney and a lot of people saying that is odd this book was published. i think obviously he telegraphed at som

surprising investors by the new disney ceo has the story changed too? apple's meeting gets under way "halftime report" starts right now. >> lot on our plate today. let get to it. our team here today, najarians, and cnbc's jim cramer the host of "mad money. the president of yardeni research is with us. a full table for this meal today. let's begin with your money. stocks are higher. most important ly, perhaps, so are bond yields. jim, i've been talking about stocks weren't going to be able to stabilize until bond yields stopped falling like a stone. >> right. >> you said this morning, quote, i think you have to start buying something. >> right, but not be aggressive sure enough, yields went down again. coming in a little quick sand here because if rates continue to go down, people will give up some of this if you haven't bought any, the markets had a very big move in the morning. there's a lot of stocks that are down so much it's worth starting as a great man once wrote to me as i read everything in the morning, do you know what happens when you get the flu you

up. 4.6 million new customers over the december quarter thanks in part to new offerings from disney and appleed revenues, full year guide largely above consensus. we'll talk to anthony wood later this morning on "squawk alley. interesting forecasts on the percentage of households that will cut the cord over a certain amount of time they think close to half >> yes amazing. >> 1.1 billion revenues for the year, forecasting a 42% year over year growth rate in terms of guidance, i believe but man, it's an expensive stock. i mean, $17 billion market cap coming off a $1.1 billion revenue to put it in perspective. 42% revenue growth, yes, they are doing very well as this platform there is some question as to whether they're going to see competition from our parent company offering that we have not the peacock offering but the offering we also are giving people in terms of their use of ott products >> well, the conference call was really about disney plus about all the different streamings this may have been one of the biggest beats. i'm surprised people were surprised. it is the proxy. if it's the p

never stop using its services which include, of course, amazon prime after runner-up came disney, followed by applekids want a boost i got a great one. a touching scene from a recent high school basketball game in minnesota. during the final moments, the coach of st. peter high school sent senior mason doherty who has down syndrome out on the court. here's what happened [ cheers and applause >> mason sank a three-point buzzer beater from the baseline. the crowd roared and then both teams rushed out on the court to congratulate him st. peter actually lost the game, but his teammates didn't seem to care they were really happy for him mason's reaction afterwards, he says this, i like basketball because i like to hang out with my friends >> looks like he has a lot of friends, too. >> a killer three. >> i like how a little suspense, on the edge there. >>> just ahead, our special series for black history month hall of famer hank aaron, our candid conversation with hammering hank on his time i the negro leagues and what he faced after breaking through in the major leagues. also baseball historian ken burn

especially when i can buy the streaming earnings at disney plus at probably a 13 multiple i would stay away from the highest valuation stocks i would go first to applee, next facebook. the rest i will leave to others. i think rates are going up >> let's talk about perhaps relatively more reasonable valuation. you've been a notable share holder of disney late breaking news yesterday, bob iger is going to exit his role as chief being replaced by former head of parks chapek. >> the timing is unfortunate but not anything we can control. it didn't play in to the timing of this decision >> it has been quite a run at the helm for disney for sure 425% return. leading the company to major bu buys what is the future for disney? does disney have a bright future with chapek at the helm? >> you have to give kudos to the interaction between bob and the board. this is kind of writing the book on an orderly transition i think the market underestimates disney. it has been a very, very powerful hand. he's from the parks. they are a wonderful business. people don't appreciate the technology of the park they have two rides right now, the avatar ride and one of the star

apple is trying. they're doing all original content. that's tough. disney had been collecting all of its stuff together. it is a juggernaut. >> it is. disney going back a long time is the portfolio they have, thely blairry of products that they have -- library of products they have. that is different for netflix which has to create a lot of original programing to convince people they have to have their service because they don't want to miss out on the original programing. you know what disney has. it only gets better. let's face it, other thinks we'll look for is theme park attendance which has been a little wobbly. they have a big new attraction at their theme parks. that could be good news too. the other thing i think also of interest, melissa, is guidance. whether coronavirus. shutting of parks in someplaces in china will be material enough to talk about. we'll see. melissa: you would have to think that it will be, given their demographic and where they are. kurt, you know in terms of the parks, we were just down there. it was absolutely packed to the g