>> disney. about the kardashian family on hulu and star reason enough to buy it. disney >> dan nathan? >> i think an unsung player is siri >> i agree with dan on that. and i agree on home depot. i like from the valuation. lowe's had a good day and i like home depot aspsx >> all right "mad money" starts right now >>> my mission is simple, to make you money i'm here to level the playing field for all investors. there is always a bull market somewhere, and i promise to help you find it. "mad money" starts now hey, i'm cramer. welcome to "mad money. welcome to cramerica other people want to make friends. i'm just trying to make you some money. my job is not just to entertain you, but to educate, teach, and put it in context. so call me at 1-800-743-cnbc or tweet me @jim cramer. the market about to break

post-disney soon. i'm not going to fail leaving again. giving back in some fashion, serving our country in some fashion, is certainly something i would consider. a lot of it would depend on what it is, with the opportunity is, and whether i would be stimulated and be good at it. david: let's go back to the disney situation. you announced you are going to step down finally at the end of 2019 and become executive chair. then covid comes along. did covid make it possible for you to leave the same way you thought you were going to be able to leave or we able to spend more time at disney as covid hit? bob: i stepped down from the ceo position. to focus all my time and energy on our creative assets, because i thought, obviously, what we create is the most valuable audit we have. i thought the best thing i could do in terms of enabling my successor to succeed at the job was to hand them a rich pipeline of creativity. in fact i've spent almost all my , time since i stepped into this role doing just that. howev

but if you look at this chart disney is trading 139% above its 150-day. and here you can see the relationship of price with average price over 150 days. so in the history of the stock going back to 1970s it has only traded farther above the 150 moving average one other time. long-term this is hugely bullish. tactically, let it go. >> so he says take profits >> how would you take disney >> long-term fundamental they will have more movies streaming online and they have tremendous leverage in the platform the parks will reopen, cruise ships will reopen. they will take what they did on disney plus and take it to all of those places, but that takes time and you priced in this surprise where it is trading now and this stock was 78.5 or so so it has had a tremendous run for me i think you get a better entry on this. it isn't that i don't like disney i think it will be better coming out of the pandemic, but i think you get a better entry >> so you like it long-term, but you think there could be a pullback shorter term. i think part is that this is a premium produ

david: let's go back to the disney situation. you announced you are going to step down at the end of 2019. then covid comes along. did covid make it possible for you to leave the same way you thought or do you have to spend more time at disney? down from the ceo position. energys all my time and on the creative process. is theht, what we create most valuable. i thought the best thing i could do in terms of enabling my successor was to hand them a rich pipeline of creativity. timespent almost all my since i stepped into this role doing just that. however, i wanted to make sure we were successful in other respects as well. so i wanted to make sure i was there for him, to help him through what is a particularly challenging time, not only for the world, but specifically for our company. he has been the ceo. he's been running the company from the day he stepped into that role. i feel confident that he will do a good job. hardestone of the things is, in passing the baton -- in a situation where i was going to continue as an employee, i

can disney catch up that's coming up here on arts and culture and. nigeria gets its 1st lesbian why the film's makers are risking jail time to tell their story. and cellist yo-yo ma offers songs of comfort and hope a new album for tough times. welcome to arts and culture the battle lines been redrawn and the war over home entertainment disney announced plans to spend $16000000000.00 on streaming content about half of that on its own streaming platform disney plus where the company is set to release 10 new series from the marvel comics universe and 10 new star wars series which are sure to include disney's cutest new cash cow. if you could take a picture i know there's mandelbrot trick or treater showing now by do you know when you spoke to experts scott roxboro i am he's here to tell us what this means for the global entertainment industry scott so disney launched its disney plus platform just about a year ago it looks like they're going all in on streaming those should netflix be worried yeah i think so i mean netflix is still course the big you kno

the streaming services, not so fast, is on and netflix and disney are not so and netflix and disney areers releasing all of theirfilms on hbo max in 2021, all of their films on the streaming service 2021, hbo max, then the cinemas so the cinemas were getting worried because obviously during the pandemic they had been virtually empty and now disney have said, along with these figures, that peter pan and wendy and tom hanks's pinocchio will be released on disney+ first before they go into the cinemas. not all of the disney films for disney so we could have been worse but two big releases early on in the year will be available on disney+ so disney kind of going the way of warner brothers but still, if you're the sinema, you think it could be worse. —— sinema. you're the sinema, you think it could be worse. -- sinema. we have disney, netflix and amazon, they all survive streaming orders one... they can only be one —— cinema. streaming orders one... they can only be one -- cinema. very good! netflix, to put these figures here, disney+ has been around for one year and is now 86 million subscr

launched its disney plus service just last year. they're already at 86000000 and they expect at 300000000 subscribers in the next 3 years i think they they could make it and as you're saying they're just pouring money into streaming i mean 10 new marvel t.v. series 10 new star wars a t.v. series basically what disney strategy is for taking minor characters from their big film franchises like loki or one vision from the avengers movies and they're making them into a spin off t.v. series basically they're hoping that. these stories these characters have global fan bases from the films they're hoping with the series they can basically go toe to toe with netflix internationally so does that mean that disney's giving up on cinemas on the big screen no actually not i mean disney made a very clear they said last year we made $13000000000.00 at the box office in cinemas there not to throw that business away but i think what we are going to see now is a real division that we're going to see the very very big movies the big disney movies the

welcome to arts and culture the battle lines been redrawn and the war over home entertainment disney announced plans to spend $16000000000.00 on streaming content about half of that on its own streaming platform disney plus where the company is set to release 10 new series from the marvel comics universe and 10 new star wars series which are sure to include disney's cutest new cash cow. if you could take a picture i know as men go over trick or treater joined now by do you know when you stole my expert scott roxboro i am he's here to tell us what this means for the global entertainment industry scott so disney launched its disney plus platform just about a year ago it looks like they're going all in on streaming those should netflix be worried yeah i think so i mean netflix is still course the big you know $800.00 pound gorilla in streaming they they they have something like $200000000.00 subscribers worldwide but took them a decade to get there disney launched its disney plus service just last year they're already at 86000000 and they expect it 300000000 subscribers in the next 3 ye

can disney catch up that's coming up here on arts and culture and. nigeria gets its 1st lesbian why the film's makers are risking jail time to tell their story. and cellist yo-yo ma offers songs of comfort and hope a new album for tough times. welcome to arts and culture the battle lines been redrawn and the war over home entertainment disney announced plans to spend $16000000000.00 on streaming content about half of that on its own streaming platform disney plus where the company is set to release 10 new series from the marvel comics universe and 10 new star wars series which are sure to include disney's cutest new cash cow. now if you could take a good jericho as mandelbrot take a good pure joined now by d.w. stone expert scott roxboro i am he's here to tell us what this means for the global entertainment industry scott so disney launched its disney plus platform just about a year ago it looks like they're going all in on streaming those should netflix be worried yeah i think so i mean netflix is still course the big you know 800 pound gorilla in s

launched its disney plus service just last year. they're already at 86000000 and they expect it 300000000 subscribers in the next 3 years i think they they could make it and as you're saying they're just pouring money into streaming i mean 10 new marvel t.v. series 10 new star wars t.v. series basically what disney's tragedy is taking minor characters from their big film franchises like loki or one vision from the avengers movies and they're making them into a spin off t.v. series basically they're hoping that. these stories these characters have global fan base from the films they're hoping with the series they can basically go toe to toe with netflix so does that mean the disney is giving up on cinemas on the big screen no actually not i mean disney made a very clear they said last year we made $13000000000.00 at the box office in cinemas there not to throw that business away but i think what we are going to see now is a real division that we're going to see the very very big movies the big disney movies the big marvel movies the

let's talk disney. this is a stock that i think is the most emblematic of the frustration of the bears in this market right now more so than -- snowflake doesn't anger the bears. ne see that for what it is, it's just a bubble and a bubble-type stock. disn disney, half the company's not operating, literally espn didn't have sports for six months and this stock is not just back it where it was in february, it's now broken loose of the atmosphere heading into orbit and if you're someone that's looking at the state of the economy and then trying to make sense at disney, you literally can't. and the biggest insight to that is that if you were bull on disney now, you understand that you got here because of disney plus but to sevita's point, next year, you're not losing disney plus but you're gaining back the parks, box office and movie theaters and full fledged espn activity that's the type of stock that i think is so emblematic of why it's been so hard to bet against the market this year now, if disney hadn'

at disney headquarters it's 11:00 a.m. on wall street "squawk alley" is live. >>> good friday morning. welcome to "squawk alley." what a week for ipos door dash making its long away debut and what an entrance they made all of them soaring in their first days of trading. door dash up 86% air bnb up 113%. let's get to disney with shares surging after its investor day, carl >> indeed. it's adding 125 points to the dow. all the streaming and news from last night and the theatrical news let's get to julia >> disney shares up more than 12% after dramatically boosting its forecast for its streaming subscriber base between 300 and 350 million by 2024. that's up from 137 million subscribers right now. disney plus is the center piece of this. this comes after the company announced the app nearly has 87 million subscribers. that's at the top end of the growth forecast four years ahead of schedule. and it's raising the price for disney plus by a dollar in march to $8 a month. this price increase reflects the investment that the compan

i think it was a new hull after time high for disney. >> yeah.e's -- if the streaming business for television is an arms race right now in terms of spending on content,-then disney, i think, is starting to look like the the death star to its competitors. the company if had a future-year future-year -- five-year goal, and it reached the high end of that goal not in five years, but in about one year. so there's a new goal now, and talking about disney plus, espn plus and hulu, they want to reach a combined 300 million to 350 million subscribers by fiscal 2024. so you say, well, how many is that? well, netflix is close to 200 million today, so disney has, you know, ambitions to be much larger than in the flicks is now. i think there's a very real possibility that disney could catch up with netflix, maybe even overtake it in the years ahead. i think even the bulls didn't really anticipate something like that. it's not cutting prices on streaming, it raised prices, and this revenue windfall from automatic subscribers, it's and spending massively on co

these look like a really good numbers for disney.ook at the figures more broadly in the context of all of the streaming services will stop netflix are still top on 195 million, but they have been around streaming for 13 years. and prime are next with 150 million and disney+, only around for a year, 87 million subscribers. apple have got some catching up to do. they are on 34 million and have been around for a year, as well. a lot of their subscriptions are given away free with iphones and macbooks. so it is difficult to say how authentic that 34 million figure is. with all this growth of streaming platforms, it's not looking very good for cinema. it's not. last week we heard that warner brothers, all of theirfilm heard that warner brothers, all of their film releases for next year will be streamed on hbo max, their streaming service, and now disney say that next year peter pan and wendy and pinocchio, featuring tom hanks, they will go straight to disney+, not the cinema first. more bad news for the cinemas which have been empty throu

the big helper of the day, disney a fractional decline means if we get further move, disney or a couple, we'll be positive before you know it. the nasdaq down .71% communications services, staples, and industrials are your leaders today a mixed bag utilities under water. energy financials and technology will the biggest laggards right now. let's get to our friday find the big stock that went under the radar. we're looking at the stock moving higher for a strong session. it is up nearly 12%. the company boosted the buyback program. and ubs upgraded to a buy and hiked the price target to 190. we're around 161 they're talking about growth from the coil's revenue base by adding another 2% today. let's get to our cnbc news update >> hello good to see you. here's what's happening. we are watching the supreme court which may have a response as soon as today to the lawsuit from the state of texas that seeks to stop electors from georgia, michigan, pennsylvania and wisconsin for voting for joe biden as scheduled on monday the extremely unusual suit strongly supported by president trump accuses t

they only do that with disney content. there's very few other players that have that kind of longevity in the back book. those old cartoons from the 50s, still playing. you have to argue there's value there. that's why i'm a shareholder. >> it's interesting. i mentioned what morgan stanley had to say a moment ago as we were talking about a specific group of stocks. they look at the banks and say -- you've gotten a value rotation into the disney which we just talked about and into the cyclicals like the airlines that we just talked about and the industrials and places like that. they say get ready for a great valuation rotation into the banks, which i know kevin o'leary hates. joe, you own morgan stanley. is it finally time to get more positive about the stakes? >> i own morgan stanley and goldman sachs. if you're saying get into it now, i think you're a little late on that. jpmorgan, citi, they've been performing well recently but they need the benefit of a steepening of the yield curve and the understanding of the incomin

>> i don't own disney. i missed this one.rs are phenomenal we own netflix that was our play in the content business totally missed disney. >> i didn't mean to throw you under the bus there. i kind of did. i wanted to make the point there was only one person on the show today who does not own disney, farmer jim >> yeah. and i do own it. look, it's hard not to be breathless when you talk about that investors present ago to start with, they gained 87 million subscribers in basically one year the projection for subsubscribisubscriber growth going forward is phenomenal i said two days ago you've got a netflix plus the other businesses net flieks is a d netflix is a $280 million market cap. you're getting about 16 billion in operating earnings. the whole thing is cheap, even at this price. >> i was told before, shannon, you could own both disney and flet flic netflix, that one great announcement had nothing to do with another and an analyst today said disney wins over netflix. you own both disney and netflix. >> i do. i love conten

making any money with disney plus. i guess i will play the bear here as it relates to disney. i am just blown away that that disney stock is trading above where it was at last year when they announced disney plus, and they had the parks working at full capacity. it really makes no sense to me at all. for me, disney has always been a quality content shop. maybe they roll out like three blockbuster movies a year and what has been working in streaming is quantity, right? the quality still has to be solid as well. so i think in order for them to really be successful here, they have to make that transition successfully. charles: you know, it's been really a super-exciting week particularly for ipos. we have also seen huge moves in stocks that are changing our world from cloud to stay-at-home and here's the thing. most are not listed on your three major exchanges which i think explains why the russell has come on so strong. so many new and exciting companies out there. i want you guys to help me out, and the audience. some o

disney is the parent company of abc 7. we are not quite ready to stream the weather tonight, but we are moving in that direction. >> yes. we will get to spencer christian for the latest. >> okay. there may be streams of rainfall coming our way, finally. now a live view checking out the city of san francisco. and a nice, clear view. mostly clear looking westward. we have temperatures in the lower to middle 40s. 50 degrees in concord and looking across for our roof top, this is the view and these are the forecast features. we have increasing clouds overnight. cooler tomorrow. rain at night in the north bay and across the entire region over the weekend. forecast overnight shows the development of the increasing clouds that i talked about. they will be around and will continue to increase throughout the day. but before that, a look at this overnight low temperatures will be mainly in the upper 30s. it will bring us two, two and a half days more rain. no burn scar flooding is expected. you will see the rain from the north bay a

bob i goer runs the walt disney company.ew have made more money from the connections and few are as openfully grateful for it. it's true, he admits it. watch. >> today the celebration of creativity and collaboration, commitment and patience. a triumph of imagination and innovation and testament to the strong partnership between disney and china. together, we have created an extraordinary destination. here, east meets west, the past meets the future, and anything is possible for those who believe. >> anything is possible for those who believe. bob i goer said. that was 2016 at the opening of a new disney theme park in shanghai. but it took more than belief and faith to get that deal done. bob aiger didn't explain what disney had been willing to do to get the park opened in china. according to an account in "the new york times," bob aiger met personally with china's propaganda minister in 2010 and promised to use disney's global platform created by walt disney, a patriot, to, quote, introduce more about china to the world. in

nobody thinks disney is going to do that or needs to do that.incredibly intriguing question in this new world how to you maximize frechb that content i think that's will be the -- >> disney had -- >> go ahead. >> sorry i didn't mean to cut you off i was going to add that disney experimented with this during the pandemic with mulan. >> right. >> what do you think of warner's decision they are getting a ton of blow back from cinema there has been an underlying buzz about warner that the at&t people don't really know how to run an entertainment company the way it was rolled out and the blowback from it is kind of reinforcing a lot of those ideas. even if they were going to do this, they didn't do the hand holding in the creative community. they didn't get the word in and out a way that would have minimized this i do think disney said they are going to sale board mulan and they were charging a premium to get that directly on streaming that's totally fascinating new model here when you think about it, isn't it strange that all movies when you went to

while disney world in orlando, florida, yeah employed 77,000 workers before the pandemic the company now has moved to slash a large portion of those jobs, leaving families with few options brian entin reports. >>they call this the most magical place on earth. but just a couple of miles outside walt disney world or cities like kissimmee florida where thousands of laid-off theme park restaurant and hotel workers are suffering these motels are full of them. >>any pensions or time you know because if we can't afford to come up with 1000 for the month. now we've got to even more by the week. so makes it even more of a struggle prepandemic daniel rodriguez was making $200 a day driving uber now he makes less than 50. >>and his wife sarah lost her job as a baker near disney now she works at a fast food restaurant that i work for. downstairs we matt santos just know living in this motel room with his wife and kids, his wife lost her job as a restaurant server he works power washing trucks, but it's not enough to pay rent to how many of you living here so how many of you live inside you all i

can disney catch up that's coming up here on arts and culture and. nigeria gets its 1st lesbian why the film's makers are risking jail time to tell their story. and cellist yo-yo ma offers songs of comfort and hope a new album for tough times. welcome to arts and culture the battle lines been redrawn and the war over home entertainment disney announced plans to spend $16000000000.00 on streaming content about half of that on its own streaming platform disney plus where the company is set to release 10 new series from the marvel comics universe and 10 new star wars series which are sure to include disney's shootist new cash cow. now if you could take a picture i know as men go over trick or treater showing now why do you know when you stole my expert scott roxboro i am he's here to tell us what this means for the global entertainment industry scott so disney launched its disney plus platform just about a year ago it looks like they're going all in on streaming those should netflix be worried yeah i think so i mean netflix is still course the big you k

welcome to arts and culture the battle lines been redrawn and the war over home entertainment disney announced plans to spend $16000000000.00 unst. contact about half of that on its own streaming platform disney plus where the company is set to release 10 new series from the marvel comics universe and 10 new star wars series which are sure to include disney's cutest new cash cow. you don't know if you could take a picture i know there's mandelbrot trick or treater joined now by do you know when you stole my expert scott roxboro i am he's here to tell us what this means for the global entertainment industry scott so disney launched its disney plus platform just about a year ago it looks like they're going all in on streaming there should netflix be worried yeah i think so i mean netflix is still course the big you know $800.00 pound gorilla in streaming they they they have something like $200000000.00 subscribers worldwide but took them a decade to get there disney launched its disney plus service just last year they're already at 86000000 and they expect 300000000 subscribers in the

he runs the walt disney company.fal you have made more money fm his connections to the chinese government and few are as openly grateful for it as bob iger is, that's not slander -- it's true. he admits it, watch. >> today is a celebration of creativity and elaboration. commitments and patients. a triumph of imagination and innovation. andum a testament to the strong partnership between disney and china. together, we have created an extraordinary destination. here, east meets west, the past meets the future, and anything is possible for those who believe. >> tucker: anything is possible for those who believe -- that was the 2016 at the opening of the new disney theme park in shanghai but it took more than belief to get that dealel done. bob iger didn't explain what disney had been willing to do to get the park to open. according to an account in "the new york times," bob iger met personally with china's propaganda minister m in 2010 ad promised that he would use disney's global platform created wby walt disney, patri

disney has the verizon deal.ns otherwise it is too easy to churn out. yeah >> all right we have to go. >> good to see you both. >> i need a favorite netflix current viewing? totally selfish. it is friday >> i think i'm like everyone else, queens gambit. >> i've seen that weeks ago. you are no help. >> i'm behind you clearly. i have to catch up >> i'm all about the home edit i love it and that makes me bullish on discovery plus. i think that there is a big market for unscripted with utility content. >> i'm watching something called undercover it is like in holland and it is inlhimbu himburg region. almost like a breaking bad it is pretty good. >> i never figured you for that kind of stuff. >> i want to catch criminals wherever they are. >>> coming up faang stocks have led markets higher this year but can they continue to chug along as the economy reopens we'll talk big tech next plus don't miss our interview with the president of the new york stock exchange for her take on the surge in these ipos that we've seen f

disney holding its virtual investor day, disney+ off to an incredible start.t are the biggest highlights so far? isit is growing and disney going to continue spending on it. 86.8 million subscribers. they initially forecast 60 million subscribers over five years. they have blown through that. we are still waiting for a new forecast but where they are going to be focused on is exclusive series. they promised 10 new star what shows over the coming years, 10 new marvel series. a lot of question what they do with blockbuster movies. they will debut those movies at theaters first. there will be examples where they release a new film on the disney+ platform at the same time as bringing it to theaters. a lot of people have been watching because the pandemic has shifted consumer behavior around the movies. they are going bake on emerging markets, investing in areas like india and eastern europe to bring disney+ either in its own form or in association with existing partnerships that they have. the other area they are going bigger on is sports, he knew shows to espn. t

disney is the parent company of abc 7.are not quite ready to stream the weather tonight, but we are moving in that direction. >> yes. we will get to spencer christian for the latest. >> okay. there may be streams of rainfall coming our way, finally. now a live view checking out the city of san francisco. and a nice, clear view. mostly clear looking westward. we have temperatures in the lower to middle 40s. 50 degrees in concord and looking across for our roof top, this is the view and these are the forecast features. we have increasing clouds overnight. cooler tomorrow. rain at night in the north bay and across the entire region over the weekend. forecast overnight shows the development of the increasing clouds that i talked about. they will be around and will continue to increase throughout the day. but before that, a look at this overnight low temperatures will be mainly in the upper 30s. it will bring us two, two and a half days more rain. no burn scar flooding is expected. you will see the rain from the north bay and s

netflix, amazon, apple, disney plus, where the a nalyst stayed apple, disney plus, where the analystss competent than netflix but they have been open about the fa ct they have been open about the fact that going full quality not quantity but given the rate which disney plus as exhilarated to is to say they will not overtake netflix soon. they can be more than one. dame barbara windsor, one of britain's most beloved entertainment stars, has died aged 83. she was best known for her roles in eastenders and the carry on films. dame barbara was diagnosed with alzheimer's disease in 2014 and made the news public in 2018. her husband, scott mitchell, says she died on thursday night at a london care home. our correspondent, peter bowes, has more on her remarkable life. what a life and what a personality. she was a tiny in stature yet she had that bubbly personality, she had that incredibly infectious laugh which i think made it perfect for the many comedic roles she performed at some of the serious roles. a career started in the 19 for this. she was extra on british tv for several decades an

and select unlimited plans include disney+, hulu, and espn+. only on verizon. help the world believe in holiday magic.thing and this year was harder than ever. and yet, somehow, you all found a way to pull it off. it's not about the toys or the ornaments but about coming together. santa, santa, you're on mute! just wanted to say thanks. thanks for believing. >>> with our recent reorganization, we have we separated content creation from distribution and put in place a new structure that will allow us to be even more nimble, responsive and effective in the delivery of our unparalleled programming. this will enable us to tell great stories, inspired by the perfect mix of creative excellence enhanced by data driven audience insights, delivered in ways that consumers want >> that's bob chapek, disney ceo during the meeting yesterday, talking about that change, remember, about a month, six weeks ago or so, where they changed the structure of the company. and direct to consumer coming more to the floor, that could be the case jim and carl, some of the

that is not what disney is doing.y is reinforcing what it has said for the last year and a ha in that the future belongs with the streaming service, disney plus, and they are using large and well-known bac catalog to expand into that. but disney haveineen great at is making acquisitions andg then exploite back catalog. so star wars, something that has 100% saturation with the audience. let's do a load of tv series that come out the back channel, same with pixar. let's do something based on the astronaut the doll was raced on as a new animated series. even things like there's an old tom hanks film called turneand hooch -- let's do a series based onhat. not stuff that was intended for cinema, but they are moving on and there have been readjustments to that because of covid and the live-action milan movie did that with -- when it was intend to go to cinemas but went to disney plus. but things like like widow, the new film in the mvel cinema universe will be going to the cinema. patty jenkins, the woman behwod er woman di

that's not what disney is doing.their future, in many ways, belongs with their streaming service, disney+, and using their large and well—known back catalogue to expand into that. what disney have been great in doing in recent years is making acquisitions, and then exploiting that back catalogue. so it's got star wars, something that's got like 100% close to saturation awareness amongst the audience. so what it's saying is, "we've got this channel, let's do a loaded tv series." the same with pixar, it said, "can we do something with toy story?" "oh, yes, buzz lightyear, the doll! let's do something based on the astronaut that the doll was based on as a new animated series." and keep going and going... absolutely — there's an old tom hanks film called turner and hooch. they're saying, "let's do a series based on that for the disney streaming channel." so, it's not stuff that was intended ever for cinema that they're moving on to streaming. there have been readjustments for that with covid and the current outlook in ci

we get an update from disney on disney plus.y say they have 86 point 8 million subscribers, guys. they are going long, long star wars, ten star wars shows, 10 elrble -- marv shows. joe: sometimes i think these big media companies take some big franchisor intellectual property and try to milk them for all they are worth. romaine: do you think tends star wars, 10 marvels is enough? bloomberg technology is up next. have a great evening. this is bloomberg. ♪ >> this is "bloomberg technology ? --"bloomberg technology." wonder $44use at did a share, more than doubling its ipo price and pushing the company into the $100 billion market cap club. my chat with brian chesky and his reaction to the price

disney up a whopping 15% more on their plans for disney+. all of the major averages heading into positive territory, except for the russell 2000. >> the nasdaq and s&p 500 on track for their worst week in sick it has been a big week for oipz ipos despite the mixed week, doordash and airbnb soaring in their debuts what about the auto driver spacst and ipos. we will talk with an expert in that space and investors are awaiting emergency use authorization of pfizer's covid vaccine and eventual rollout we will talk with a co-chair of mountain sinai's board of trustees about what that's likely to look at. >>> and it is something the white house is watching very closely. we will focus in on the big stories. mike santoli on market meg tirrell has an update on vaccine progress sticking with vaccines, frank collins will give us a case study how the vaccine will be kploid mike first to you, at the ends of an interesting week, a little bit of win taken out of the sails. >> going sideways to down for the s&p 500. really being left out out of awful the fu