we go to bailey lipschultz. bailey: comcast shares under pressure, the stock seeing the biggest drop since april. broadband subscriber losses of more than 100,000 in the fourth quarter with recent hurricanes causing 10,000 broadband losses. big m&a deal this morning, on the agreeing to buy interpublic. it would create the largest advertising company. shares falling on the news, the worst intraday drop since july. now the possible deal news. bloomberg news exclusive reporting that monda latest is exploring -- mondelez exploring an acquisition of hershey. we would create a food giant with combined sales of $50 billion, although it would require the backing of hershey trust, with roughly 80% of the voting power. matt: thanks very much, bailey lipschultz looking at some of the movers. i want to focus on the last story. the news that mondelez is looking to buy hershey. bloomberg helped to break the news all weekend. crystal, fantastic scoop. what do we know here? it is a deal that has been considered in the past. >> i

alix: bailey lipschultz joining us. another area of the market is real estate stocks.ound -- in re eds. the outlook is still questionable and murky particularly if the fed is going two out less than we thought that is going to cut less than we thought -- if the fed is going to cut less than we thought it was going to. >> we have seen a massive pullback especially as they have been grappling with the high interest rate environment. looking at 2025, they are seeing a bit of a boost. this is due to a divergence between higher quality properties versus lower quality. i spoke to sources and analysts are positive on new york city in particular. slg is the best performing office read in the index. we see a big pickup in park avenue, an area that we saw blackstone and others flee during the pandemic. vonnie: huge winners and huge losers in this phase. we see some go out of business? >> that is a conversation that is ongoing. smaller private that people put a lot of focus on especially if they are thinking about access to capital from small regional banks but publicly traded re