i'm carl quintanilla with sara eisen and david faber at the new york stock exchange.s china changes its methodology on the coronavirus and that results in nearly 15,000 new cases. >> all right road map for the hour is going to start right there coronavirus fears weighing down global markets >> president trump's fed choices nominee judy shelton facing an uphill battle as she testifies before senate banking today. >>> elon musk's about face tesla announces a $2 billion common stock offering just two weeks after mr. musk declared the company did not need to raise any more capital >>> we will begin in china with the latest on the coronavirus where the total number of confirmed cases worldwide is now exceeding 60,000 eunice yoon is live in beijing for us with the latest >> reporter: thanks so much, sara the spike in cases is due to a change in methodology in hubei province, the epicenter of the outbreak they have changed the way that they confirm cases they now have two groups one is called confirmed and that is confirmed people -- people are confirmed if they have a test

thank you, steve david faber, back to you >> thank you, rick rick santelli.quawk alley. >> how about roku? when the opening bell sounded, it proceeded to be up above 150 bucks a share. now it's settled down to around $141, but that's still up around 2% ceo anthony odwo will join us after earnings to tell us what's coming up next and tie it all together with a world-class software experience. we ended up creating, as you all know, so much more. peloton is truly a category of one and we're just getting started. now, let's do this. together, we are going further than we ever thought possible. apps except work.rywhere... why is that? is it because people love filling out forms? maybe they like checking with their supervisor to see how much vacation time they have. or sending corporate their expense reports. i'll let you in on a little secret. they don't. by empowering employees to manage their own tasks, paycom frees you to focus on the business of business. to learn more, visit paycom.com ( ♪ ) when it comes to your business internet, which is more important? ♪

i'm carl quintanilla with jim cramer, david faber at the new york stock exchange. testifies before house financial services committee in about an hour meantime, more corporate impact from the coronavirus, this time it's under armour guarding down. and the dunlg approves a $26 million t-mobile/sprint deal david has details. >> we learned about an hour ago as we learned late yesterday would probably be the

i'm carl quintanilla with jim cramer, david faber at the new york stock exchange.tocks are set to take a breather at the open after four days of robust gains a solid jobs number 225,000, well above estimates, wages strong, participation rate at a seven-year high. contrast that with the manufacturing data in europe, very weak. you see europe across the board. oil is struggling to hold 50 and the ten-year below 1.6 road map begins with the warm weather jobs boost, january payrolls surging stocks are still poised to retreat at the open. on track for their best week in eight months we'll get reaction from the white house with vice president mike pence later on this morning. >>> shares of uber are spiking ahead of the bell. the company said it will be profitable sooner than we thought. the ceo telling cbs uber plans to put a majority of its revenue growth into the bottom line. >>> and paul singer versus masa san, elliott management taking a $2.5 billion stake in softbank >>> first the better than expected january payroll number includes the addition of 206,000 private s

i'm carl quintanilla, jim cramer, and david faber.highs in sight at the open despite a round of q1 earnings somewhat underwhelming. investors focusing on signs of renewed economic strength and the president's ability to leverage that in november. will the bond market confirm ten-year around 1.64 road map begins with easing virus fees, stocks set to open sharply higher on new hopes for a vaccine and drugs to treat the fast-spreading coronavirus >>> a big spin-off from merck. the company announcing plans to split a number of its slower growth products into a separate public company next year >>> disney plus growing at a faster than expected clip, nearly 29 million subs, and counting yesterday's rally saw the dow and s&p best day performance since august nasdaq's eighth record close of the year jim your point about the president, the lead headline in the page one of "the times" is a buoyed president a lot of that about the country. >> you contrast what the democrats and republicans talk about is extraordinary the president is making the

i'm carl quintanilla with jim cramer, david faber at the new york stock exchange.g off thursday's drop, futures suggest the dow and s&p may see their first weekly decline in three weeks, maybe the nasdaq, too. pmis in europe were good we'll see the u.s. number in about 45 minutes ten-year below 1.48, even as gold now approaches 1650 road map begins with the coronavirus risk for stocks. futures lower, coke, daimler and others warnings of continued outbreak headwinds >>> plus mobile merger revision, why softbank is cutting its stake in the overall company that will be created between sprint and t-mobile, and why it's so much more likely to happen >>> and shares of deere are up, reporting abunexpected rise in profits, shows an early sign of stabilization for the farm sector coronavirus worries putting stocks on track for a negative week there's a spike in new cases both in and outside of china you got coca-cola joining the list of companies impacted by the outbreak, saying it expects it will cut quarter earnings by one to two cents a share they coupled that with a 2.5

i'm carl quintanilla, jim cramer and david faber at the new york stock exchange a lot of news to start holiday shortened week walmart misses guidance, u.s. weigh s wider restrictions on huawei road map begins with apple's coronavirus warning cautioning it does not expect to meet quarterly revenue forecasts. shares are sinking and dragging the dow down with it >>> plus "big tech needs more regulation." why mark zuckerberg is calling for more scrutiny of facebook. >>> and walmart earnings look to fall short as the whole day season takes a hit we'll hear exclusively from doug mcmillon in a few moments. >>> apple warns it will not meet prior revenue projection due to the coronavirus outbreak the virus limited iphone production and resulted in weaker demand in china jim was talking about getting hit on the supply and the demand side although that original range was above estimates. so how much are we really losing >> i think that people don't want to hear this. everyone that i spoke to the chatter is come on, jim, it's really bad i disagree in terms of the rest of the world it's gotten bett

i'm carl quintanilla with jim cramer, david faber at the new york stock exchange.ure is green after three days of losses for the dow. investors looking over some of the coronavirus headlines this morning including the smallest number of new confirmed cases since january although the death toll exceeds 2 >>>. europe a surprise up 0.5, looking for 0.1 and fed minutes at 2:00 p.m. eastern time. >>> our road map begins with the virus risk for stocks. investors closely monitoring the potential economic fallout of the coronavirus outbreak as the death toll crosses 2,000 >>> plus tesla stock is spiking again, why one analyst thinks energy generation and storage are the next big thing to fuel the company's growth >>> shares of dish network rallying the satellite tv provider beating estimates as pay tv stubs decline but at a slower pace >>> stocks are poised for a positive open after the number of new virus cases falls in mainland china and chinese officials announced fresh measures to support businesses struggling due to the outbreak globally the number offen could firmed

david faber joins us with more on this developing story david, what can you tell us? >> it's interesting looking at that graphic that we had up there because that's what you would expect in the sense of singer versus versus sohh. i'm not sure that's the case here elliott is a large manager of alternative assets, including of course activism being one component of that. in this case i'm not sure i would term it versus they have of late as you well know, at&t taking large stakes in large cap companies, and yes, they're not necessarily holding hands when they come in there but they are also trying not to be overly adversarial perhaps in trying to get management to embrace some of their goals. in this case, my understanding after speaking with people familiar after the situation is they hoped it would play out behind the scenes to some extent, similarly as did investment in sap, obviously a large german-based software company. that didn't happen the journal making it public $2.5 billion is the number in this case, we will see perhaps as soon as earnings on the second -- e

david faber here at the new york stock exchange china gets back to work.down big but u.s. finds some reasons for optimism dow is up 1% trying to reclaim friday's losses. now ism is on the tape let's get to rick santelli in chicago. >> reporter: bsolutely, carl not only do we have ism a january read we also have december construction spending, down 0.2 big miss we were expecting a number up 0.5% let's get to the january read on ism manufacturing. expecting a number around 48.50. 50.9 50.9 that is the best number since july when it was 51.3. if we go through some of the other sub indices all very important. new orders jumped from 46.8 to 52 prices paid moved up from 51.7 to 53.3. of course, that underscores everybody's preoccupation with prices and inflation, although they have been subdued this is over 50, coming from a level over 50, and finally a week where we're going to get employment reports, the ism employment figure moved up but not very sharply from 45.1 to 46.6 so, of course, it is still under 50 the magic line for expansion and contraction. the do

i'm carl quintanilla, jim cramer and david faber at the opening stock exchange our opening music is incramer, who turns 65 today >> i have some reading to do, this is it >> as you tweeted. >> what's really interesting about this, it's impossible to understand >> by the way that's volume one. >> it's a coloring book. >> yes anyway, thank you very much. but i've got my work cut out for me and boy, is it difficult. >> jim put it on twitter earlier this morning, our thoughts with jim today. futures are soft on this monday. >> i'm still here. don't say that >> worst day for stocks in several months china tries to get back to work, paul on the hill this week yields nearing a one-week low. the fight to contain the coronavirus, the death toll surpasses that of sars factories and businesses in china trying to resume operations >> plus we're on deal watch. we got a few this morning. simon properties buying taubman center and elle brands the sale of victoria's secret >>> stocks are set to open lower because of the coronavirus the number of confirmed cases in china is well over 40,000 including 91

i'm carl quintanilla with sara eisen and david faber at the new york stock exchange.h initial losses but s&p erased most of them and they were pretty much contained to unh and intel on the dow side >> our road map for the hour starts with the deal of the day. morgan stanley buying discount broker e trade for $13 billion the ceo of morgan stanley james gorman will be joining us first on cnbc in just a few moments. >> plus the state of the consumer the ceo of l' oreal will join us on post 9 as the company deals with ongoing coronavirus concerns >> viacom shares are plunging, down as much as 18% after numbers that did not meet expectations for the fourth quarter and guidance that is also quite disappointing we'll talk a lot about it. >> first let's get right to the megadeal of the day. morgan stanley agreeing to acquire e trade and an all stock transaction valued at $13 billion. this comes three months after charles schwab and t.j. amer trade announced their own merger deal as we mentioned morgan stanley's ceo james gorman will be joining us first on cnbc in just a few m

i'm cart quint with sarah and david faber. markets okay on tuesday.headlines regarding coronavirus. some corporate impact but powell will be the story for the next hour or two. >> let's get right to washington details on what we can hear from the fed chair. >> sara they will highlight the coronavirus. this is the policy that came out last week. he will tell congress the fed is closely monitoring this outbreak for signs any disruption in china could spill over to the broader globally economy powell does seem satisfied with the level of accommodation that is currently in the market he will say, quote, the current stance of monetary policy will likely remain appropriate if the economy does evolve as expected. the fed is also going to say they will gradually transition away from using active repo operations this is more of a technical change rather than something that would directly impact monetary policy. but overall, the fed chairman does sound pretty bullish about the economy. he's saying the fundamentals of the household spending, consumers solid, unc

bringing us back to the set tomorrow for squawk in the street i'm going splash it in the eye of david faber, as i promised. stay with cramer >> don't miss a second of "mad money. follow @jimcramer on twitter have a question? tweet cramer, #madtweets send jim an email to madmoney@cnbc.com. or give us a call at 1-800-743-cnbc miss something head to madmoney.cnbc.com. he's a systems quarterback. where's the truck? what? parked it right there. male voice: what did i tell you, boys? tonight we eat like kings! (chuckling) you're a genius, gordon! brake! hit the brake! uh, which one's the brake? (crash, bottles smashing) stop! stop! sto-o-op! (brakes squealing) what's happening? what? there's a half of cheesesteak back there. with geico, the savings keep on going. just like this sequel. 15 minutes could save you 15% or more on car insurance. raccoon: i got the cheesesteak! she is on her way to our house. what? i got it. alexa, start roomba. the lexus es. eagerly prepared for the unexpected. lease the 2020 es 350 for $389 a month for 36 months. experience amazing at your lexus dealer. lease the 202

i'm carl quintanilla with jim cramer and david faber futures are down 500 plus, ongoing fears, two-thirds of the dows gains from all of last year are gone europe down 4%, consumer spending in france and switzerland neglect any of if january and twos, threes and five-years are measured in basis points the dow plummeting 3200 points in the week the worse since the crisis yesterday experienced the biggest one-day point drop ever, 1,109 points as we approach the end of the red february for stocks the dow is the weakest of the three major indices, down almost 9% month-to-date. goldman again this morning, jim is saying they don't think this is over and that buying the dip is in their words riskier this time >> there's no doubt about it s there's a part of of the s&p and it's good to look at individual stocks here that are not buyable and if anything it's involved with travel and leisure, autos, housing, because house something sl housing is slowing down and i don't think'fed cut rates it would matter we do need to talk about something at the cooperman, and i've always talked about which is the

. >> i'm david faber in for wilfred frost, along with mike santoli. >>> take a look at how stocks finishedlower. off the worst levels of the session. we were lower all day. closing out down 125 on the dow, about 0.4 of 1%. the china numbers last night really spooking numbers, but also disappointing earnings from the likes of cisco it's the p & g and walmart that shine bright today you can see in the afternoon we were positive at some point. same thing for the nasdaq, you willy closing lower just a bit after spending some time having to close in positive territory so an opportunity to pull back keep in mind nasdaq, s&p, all closed at record highs yesterday. small caps outperforming and finishing higher by about 0.25 of 1 hundre%. >>> we'll break down the numbers as soon as they cross the tape. >>>. 80% of analysts say yeti is a buy. the ceo will break down the key things driving the performance >>> first to you, mike santoli on what you think drove the action. >> obviously some resilience in coming off the lows from before the market opened. i do think there's still this kind of muscle memo

thinking about the future chapters and how many permutations can arrive from this coronavirus issue david faberyou >> thank you, rick over to jon fortt so we can get a look at what's coming up on "squawk alley. >> finance software giant intuit has announced it's spending $7.1 billion, 10% of its market cap, to acquire credit karma. we have the ceo coming up on "squawk alley. we see access to fresh food being the global norm, not the exception. at emerson, when issues become inspiration, creating a better world isn't just a result, it's a responsibility. emerson. consider it solved. which of your devices are protected by daily security updates? daily security updates... daily? i don't know. the only thing... i'm struggling with this. some providers you have to manually download updates to each device. comcast business securityedge updates every 10 minutes to help keep your connected devices protected against new ransomware, malware and phishing threats. every 10 minutes feels pretty good. get secure, reliable internet and voice for an amazing price. call today. comcast business. beyond fast. vo:

david faber, back to you >> thank you, rick santelli.n fortt for a look what the's coming up on "squawk alley. >> what a run for tesla. we'll give you a double dose of tesla analysis we have a tesla bull who just went neutral on the stock and a tesla bear whose price target is like half of where the stock is trading this morning ci wfully that will help you dedehat to do from here. that's coming up on "squawk alley. (vo) in every trip, there's room for more than just the business you came for. whether that's keeping up with what you always do... or training for something you've never done before. that's room for possibility. ♪ >>> welcome back to "squawk on the street." i'm dominic chu. stocks are on rally mode, but the lone holdouts, utilities and communications services in the red but some of the names in energy may be getting some relief oil and gas companies are climbing today including devon energy, eog resources and schlumberger as well it's not enough to make up for some of their declines so far this year. keep yan eye on that ene

i'm carl quintanilla with sara eisen and david faber live at post 9 of the new york stock exchange obviouslyound today settling in although off of the highs we were up 300 plus. currently up 196 you're watching yields back to 136 and oil is still fighting for 50 >> our road map for the hour starts with that stock bounceback markets looking to hold on to gains as the s&p comes off its worst two-day slide in four and a half years >> plus the race for a cure as the cdc warns of coronavirus spreading in this country. we'll talk to the man heading up our country's potential vaccine deployment strategy later this hour >> and disney's long-time ceo and successful ceo bob eiger is leaving his post he has assumed the role of executive chairman we'll tell you why the change happened now and what to expect from his successor >> we'll begin with the latest on the coronavirus with fears sending the s&p to its worst two day slide in more than four years this as the president tweets out that he will address the virus in a news conference tonight at 6:00 p.m. eastern. we'll go to the white house for the ver

i'm carl quintanilla with sara eisen and david faber at post 9 of the new york stock exchange a little start this thursday morning, up 115, went slightly red on the dow, now up 37 as we watch all things coronavirus and increasingly trade today. >> we start with more records for wall street. the dow and s&p hitting new highs. losing some early gains though here as investors digest a slew of earnings. >>> mattress seller casper making its public debut. we'll have the first on cnbc interview with the ceo after the opening trade. >>> and don't miss an exclusive as well with the ceo of philip morris international vaping remains a focus just a day after those hearings on capitol hill >>> we'll start with updates on the coronavirus. the death toll is now crossing 560. eunice yoon is in beijing with the latest hi, eunice >> reporter: hi, carl. wuhan authorities are under tremendous pressure tonight. they have less than 24 hours to meet a government deadline to test all the suspected cases by the end of day friday. the big concern is that wuhan residents have been complaining that a past practi

i'm carl quintanilla, jim cramer and david faber at the new york stock exchange a lot of news to start

higher ♪ keeps lifting me higher ♪ i say your love >> i'm carl quintanilla with jim cramer and david fabereadlines and strong earnings from chipmakers like nvidia. a fifth month up on sales. yields are said to end the wee

i'm carl quintanilla with jim cramer, david faber at the new york stock exchange.fter four days of robust gains a solid jobs number 225,000, well above estimates, wages strong, participation rate at a seven-year high. contrast that with the manufacturing data in europe, very weak. you see europe across the board. oil is struggling to hold 50 and the ten-year below

i'm carl quintanilla, jim cramer, and david faber.nd of q1 earnings somewhat underwhelming. investors focusing on signs of renewed economic strength and the president's ability to leverage that in november. will the bond market confirm ten-year around 1.64 road map begins with easing virus fees, stocks set

i'm carl quintanilla with jim cramer and david faber at new york stock exchange.ovel coronavirus spread is peaking as the number of new daily cases falls to the lowest since january. got powell on the hill, day two today. europe is a relatively green, oil sup, even as opec cuts its demand forecast for a sixth time our road map begins with the new hampshire squeaker, sanders narrowly beating buttigieg

i'm carl quintanilla with sara eisen and david faber at post 9 of the new york stock exchange the sell-offes on this thursday as the cdc confirms the first u.s. case of coronavirus of unknown origin. give you a sense of the sell-off here down about 600 but we have broken the 200 day moving average on the dow and the s&p this is the worst week since the crisis we've gone from a record close to a correction and about ten sessions, guys >> the risks continue to pile up clearly a psychological turning point was the news out of california the cdc confirming the first community transmitted case of coronavirus. in other words, they couldn't track that case to necessarily china or a trip abroad and that sparked some fear that it is going to spread here and the economic fall out on the united states is very much in focus you played the janet yellen warning that it could possibly tip us into recession. the economic data has been relatively good. new home sales a surprise upside in durable goods, for instance jobless claims continue to remain low i think all of that is looked at as old news until we

i'm carl quintanilla with jim cramer, david faber at the new york stock exchange.f the coronavirus headlines this morning including the smallest number of new confirmed cases since january although the death toll exceeds 2 >>>. europe a surprise up 0.5, looking for 0.1

i'm carl quintanilla with jim cramer, david faber at the new york stock exchange.ow and s&p may see their first weekly decline in three weeks, maybe the nasdaq, too. pmis in europe were good we'll see the u.s. number in about 45 minutes ten-year below 1.48, even as gold now approaches 1650 road map begins with the coronavirus risk for stocks. futures lower,

i'm carl quintanilla, jim cramer and david faber at the opening stock exchange our opening music is inat's really interesting about this, it's impossibl

i'm carl quintanilla with david faber and jim cramer china switches its methodology on the coronavirusiefly dips below 1.57 and oil is hanging on to 51 coronavirus cases surging as the

i'm carl quintanilla with jim cramer and david faber at the new york stock exchange. that stocks reopen and the central bank adds the biggest cash injection since '04 oil below

i'm carl quintanilla with jim cramer and david faber futures are down 500 plus, ongoing fears, two-thirdsl of last year are gone europe down 4%

i'm carl quintanilla with jim cramer and david faber at new york stock exchange.ow futures up 130 looking for a record open, reflecting hope the novel coronavirus spread is peaking as the number of new daily cases falls to the lowest since january. got powell on the hill, day two today. europe is a relatively green, oil sup, even as opec cuts its demand forecast for a sixth time our road map begins with the new hampshire squeaker, sanders narrowly beating buttigieg with amy choklobuchar close behind >>> the rally rolls on, investors watching the impact of course of the coronavirus amid signs the new reported cases could be slowing down. >>> and softbank profits plunge wiped out by vision fund losses. we'll get to that as well. the race for the democratic presidential nomination, bernie sanders winning last night's new hampshire primary by a minimal amount he finishes with 26% and former south bend, indiana, mayor pete buttigieg. senator amy klobuchar surprise third place finish, tops warren and biden. sanders ramped up his attacks on billionaires >> at this point