disney plus. under iger last year's top 5 blockbusters walt disney movies and the box office record was also set by disney disney plus its streaming service already has $28000000.00 sign ups widely seen as a successful start business is booming despite several parks being shut in east asia due to coronavirus fears hurting disney stock prices in the short term as a result. his success is the reason for change according to uyghur now is a good time to make the hand of another longtime disney insider bob. nearly. unbelievable cash strapped cuba desperately needs foreign currency and so the government has ruled that highly desirable products like cars can only be sold in u.s. dollars and at least one secondhand dealer in havana. the typical cuban vintage car the tourists love them but they're not exactly practical many cubans dream of owning something a bit more up to date hence the long queues of the 1st cars for dollars sale this man is one of the lucky ones. though a pretty boy is it the price was still a bit high. but never mind you just do your best to get your family around. the prices are indeed somewh

disney plus. under last year's top 5 blockbusters were all disney movies and the box office record was also set by disney disney plus its streaming service already has $28000000.00 sign ups widely seen as a successful start business is booming despite several parks being shut in east asia g 2 coronavirus fear is hurting disney stock prices in the short term as a result. his success is the reason for a change according to now is a good time to make the hand of another longtime disney insider. nearly urged by the well this weekend host the world's richest horse race the saudi cup which has a purse of $20000000.00 now the race takes place at the king abdul aziz racetrack and is expected to attract up to $10000.00 spectators gambling is illegal in saudi arabia but the country is keen to learn. the winner of the cup trots off with a cool $10000000.00. thanks for watching. these civil heroes are an incredibly caring. fire fighting here it is a bit unusual. forest fires have been increasing in the past years in portugal and so locals are turning to goats and cows to graze firebreaks their owners think their liv

disney plus. under iger last year's top 5 blockbusters walt disney movies and the box office record was also set by disney disney plus its streaming service already has $28000000.00 sign ups widely seen as a successful start business is booming despite several parks being shut in east asia due to coronavirus fears hurting disney stock prices in the short term as a result. his success is the reason for change according to uyghur now is a good time to make the handover to another long time disney insider bob. ordinarily urged by. and this weekend sees riyadh host the world's richest horse race the saudi cup which has a purse of $20000000.00 now the race takes place at the king abdul aziz racetrack and is expected to attract up to 10000. spectators gambling is illegal in saudi arabia but the country is keen to learn tarus and polish its battered international image the winner of the cup trots off with a cool $10000000.00. that's it for us thanks for watching. cutting through the noise. where i come from people are known for being tough but fair to your computer loud people tell it like it is. they call it th

yesterday. >> now we also asked him of course about the impact of coronavirus, disney has closed shanghai disney as well as hong kong disney. ceo -- cfo said the closure of hang shy disney could impact the operating income by $135 million in the next quarter, assuming that the park is closed for two months take a listen to how iger plained that potential impact. >> in shanghai, the business there has been really strong and it's a shame we had to shut down but obviously this is something that is a big concern to us as well we have thousands of people that work for us in that area of the world. and we have concerns for them. and concerns for the world as well and the people of china of course we'll talk about it more in terms of specifics but it's hard to be very specific without knowing how long this could last. >> iger noting that of course this come off significant growth in the parks division, growing revenue 8% and operating income 9% in in past quarter. but iger was overall optimistic that there would not be meaningful impact outside of china, though of course it is an issue that and his team is monstering chosely back

disney world resort in florida, the most magical place on earth! [ cheers and applause ] you will be able to visit all four theme parks, the magic kingdom, disney hollywood studios, epcot, animal kingdom. the trip includes a four-day, three-night stay at walt disneynd on top of that, you get a $500 disney gift card so you can bring home some mickey and minnie swag for family and friends. so, i brought out our assistant director. when did you get married? >> april 26th. >> april -- this is our most recent newlywed of the tam hall family. [ applause ] i have a rule that i don't -- i don't want to pick 'cause i don't want y'all hating me. [ laughter ] so all of our audience members got numbers before the show started. you got your numbers? >> yeah! >> yeah? okay. the pressure is on you. >> alright, here we go. >> so, we're gonna see if the magic of love is in the air. you go ahead. [ drumroll ] >> 98. [ cheers and applause ] 98? >> aah! yes! hello! hi! how are you? oh, my gosh. come on down here. what's your name? >> nelly. >> where are you from? >> the bronx, new york. >> from the bronx. [ cheers and applause ] okay. we got little ears for you, nelly. have you ever been to a disney property? >> yes, we have. >> you have? >> yes. >> did you love it?

disney country kind of want the $250, disney's going to get the $250! ( laughter ) right now, somewhere yoda is like my money bitch better have! ( laughter ) , so yeah, disney sent a

disney. disney plus. talk more about roku's role as a big o teshgs big over-the-top stream progress veider, how that provides revenue for you, what makes disneyat you can provide, and it will be a continuing benefit, not something that's just more important at the launch of that service. >> yes obviously, roku's business model is we aggregate streamer, customers, you know, over 36 million active accounts. we invest the platform, allowing -- building capabilities that allow our partners like disney plus to build an audience, monetize an audience, reach that audience. our model is as we help them grow their business, we share in the upside or, you know, when they succeed, we an the upside. when they succeed we succeed that's our business model, disney plus add 26 million accounts in less than three months that's incredible. they obviously have great content. they have good marketing, obviously, and they really are leaning into streaming we provide a lot of tools on our platform to allow companies like disney to build an audience when they want to use those tools and they really leaned into that i think we were an important part of their ability

disney >> absolutely. >> you think that plays out? is that a scenario >> i think disney still suffers -- disney is probably one of the best places to go catch the flu, for example, because of so many children, but disney also has other huge forms of revenue disney plus is on fire if you look at the numbers, that's saying we're here, we're real and our content packs a punch. >> i'm not looking to go to disney on the best of days respectively unless i can get on mr. tow mr. toad's wild ride or country bear jamboree. last april we exploded off the 120 level which had been resistance for a long time that's where you reowned the stock. >> the things we're talking about as far as the coronavirus and disney, and to not try to be insensitive to what's going on, those to me are things i'm fine with on disney those to me are something where even on revenues for the next two quarters, that's something they won't get back. it's the core of those four parts of the disney stool that are holding up, includes studios and consumer products. it does include the broadcast and it certainly includes the other parts of the disney plus story. to me the bob

disney streaming services so far this quarter. that is something that sucks doesn't characteristically do, so now you know disney plus has more than 28 million customers, espn plus is now above seven, hulu grew by the smallest amount, but all told, disneyisney has -- disney has become the second-biggest player in tv streaming after netflix. you could say amazon is bigger because of the number of prime customers, but we don't know how many of them are watching videos. let's say netflix is still far and away the biggest, but disney with really impressive growth and strong viewership based on some of the data that bob iger shared about the popularity of different shows and how long people were watching on a weekly basis. >> shares of general motors climbed as the automaker forecast a boost in profit from new truck and suv models coming out. the company expects the new vehicles to make up for some of the weaker sales in china and the united states as it plans to bounce back from the toll that the strike took last year. >> when you adjust the impact of the stryker, it was closer to $6.71. strong performance from core operations, and when you look at the calendar year 2020 going forward, we expect the momentum to continue and particularly on

which is from disney plus's streaming output along with disney studios racking up their sixth and seventh billion dollar films of 2019, could the coronavirus outbreak take magic out of disney'suture forecast? one disney bull says the virus will not only be costly to disney but could get way worse if it's not contained. that's gerber kawasaki ceo ralph gerber along with porter bibb. how bad could it get? >> we just don't know yet. but seeing as all the theaters in china are closed and they are about to move on, that's not good. and you have the risk if any infected person goes to disneyland or whatever, it could cause a lot of problems if people get scared. we don't want to jump to too many conclusions yet because a lot of drastic measures are being taken, but we are very concerned how this will affect tourism in general and specifically disney, although i'm super-bullish on the company. liz: porter, you have shanghai disney closed -- >> and hong kong. liz: hong kong as well. those theme parks matter, certainly. what do you expect the coronavirus short-term effect to be on disney? >> i think this could be maybe a $100 million deficit for disney with both theme parks. they los

but i think that disney -- he's done a good job and he oversaw one of disney's biggest accomplishments, the launch of disneyn connect with disney on johnson & johnson going basis and -- with disney on an ongoing basis and it has a halo effect to other products including theme park visits and merchandise purchasing. i think content is king and disney is the king of content and i think the stock has a lot of upside and, you know, the transition i think will be fine. maria: i guess if they were going to announce this soon and they have the analyst day tomorrow, they had to announce it before the analyst day, i guess, mitch. >> i don't think that's the place you want to drop the bomb. they did it on a down day on the markets. i think they dropped the bomb on the employees which was a little -- dagen: waited to drop it, actually. >> you mentioned that it's a buying opportunity. what are the opportunities for growth in the future and what might some of the challenges be for disney going forward? >> well, the biggest driver i think is disney plus. it's already exceeded their expectations, subscribers, almost at 30

disney. we love disney. you know, maybe it's a way for disney to show their love for the kids. >>you'd think but at a pta president says that they will pay the license fee. he says that they're not mad at disney into actually is calling this a teaching moment for students about being held responsible for doing something wrong. >>in alameda police fc's several bottles of alcohol that they say that was stole they found a during a traffic stop police posted this picture of what they found. that's a lot of tito's vodka they stop the driver on high street in odis for failing to display license plates on both bumpers during the stop officers say they found several bottles of booze in the car police say the driver recently stole them from a safe way driver was arrested for theft and the vehicle is towed. >>tonight we have new video related to a deadly stabbing in san jose it happened on october 6 the last year. police are looking for 3 teenagers who were last seen running away along north 27th street police believe that the teens were involved in a fight that led to a man getting stabb

disney also expanded its activities in china. opening a theme park in shanghai in partnership with the chinese government. his latest venture was the- streaming giant netflix with the creation of disney's. platform disney plus. products for which she attended his tenure as chief executive. the demand exceeded expectations. the complications three months later the platform now has a comfortable twenty million subscribers following his announcement uyghur was immediately replaced by bob traffic was led disney's park service t. fifteen floor near the high. and finally the business it could be a dream come true for budget travelers and use it and says it's considering installing triple bunk beds in economy class for some of its long haul flights. the airline has s. has filed patent and trademark trademark applications for what it's cold lane the economy sky cast a structure that contains. sleep that long on fifty eight centimeters wide. the carrier operates some of the world's longest sites such as the upcoming auckland new york. that will me eighteen hours wait then i need to get approval from regulators and weigh up the costs before they can install paul's. six pop. just close eyes it's exposed in a- and

disney. >> disney named bob chapek as its new ceo. speculation ofof who was top bob iger. he led the company's theme park and consumer products, businesses, and will take over the role immediately. iger becomes pair. what do we know why they chose this route? >> iger's contract was up at the end of 2021. we were expecting to hear somebody about who would succeed him at disney today. now he is officially ceo. the way they say they are going to split this up is bob iger will handle the creative responsibilities, while chapek gets up to speed on the tv side of the business. bob: in bob chapek, we have someone that not only knows the company very well, having run a few of our important businesses, including parks and resorts, but he's also someone we know very well. i couldn't think of a better candidate to take over the company. bob c: i intend to double down on the same strategies bob established 15 years ago that have served us so well. the thing i have taken away from bob iger's legacy is get the content right, and everything else kind of follows suit. kong's announced a $120 billion hong kong release package announced with tax cuts and a cash handout to ensure economic confidence in a city battered by political unrest and coronavirus. >> although the cash payout involves a huge sum of money, in light of the current situation, it will not impose a burden o

disney. i am owning disney i will tell you i don't think you are going to get much as a catalyst from disney treaming side until you get the roll off of basically the promotions so you are not going to know -- >> what do you mean, like the verizon freebies >> what are the numbers. >> 20 million. better than that >> what about the notion of what steph says, the getting has been great, and maybe it is the best it is going to be for a while? >> i just -- i think i just -- i think i am going to sit with this name. i believe in the name longer term but i do think you are going to have to go through a period where okay you are going the see acceleration in revenue growth, a little bit less in terms of eps growth and you are going to hear a lot about the impact of coronavirus tonight when bob iger should be talking about streaming. >> do you know where he is going to be talking beyond the call? >> cbs. >> cbs on the closing bell work with me it is a first on cbs, 4:00 p.m., the disney chairman and ceo bob iger that's him on cbs. >> somewhere between 4:00 and 5:00 p.m. >> yes. >> okay. >> "ask halfti

disney surprised on the upside in many areas on their direct-to-consumer platforms, plural disney plus, $26.6 million is basically the upper end of their domestic sub target in five years. most flesic. hulu had nice growth but disneyprised and they argue investors are looking through most of the costs and there's a concern about the long-term pay tv bundle. and we believe plan b for disney is have espn plus in place and ready to go. another big surprise i would just point out -- yes? >> go ahead, jessica. >> i was going to say another big positive surprise is the speed of the international rollout. so disney preannounced they were going to go into western europe a week earlier than originally planned. but the big news last night was how quick they're going into india. they have a huge advantage there because they own star, which is the dominant media company in that country, and hot starz direct-to-consumer platform. they will rebrand to disney plus hot starz and it's a huge advantage to have that in such a dominant media market position and it starts at the exact same time the cricket -- ipl cricket league starts, which is the biggest sportin india. so the bottom line to us is traditional media companies, disney

disney plus subscribers, 26.5 million. that's better than the range of 20 million to 25 million that analysts had been anticipating so stronger growth in that just first month and a half since disney plus's launch also, espn plus benefitting from the bundling with disneymillion espn plus subscribers. the last number disney reporteded was 3.5 million back on november 7th. so significant growth there, but also reporting that hulu has a total of 30.4 million subscribers. 27.2 million of them are streaming dod only and just going through the different divisions quickly here, studio entertainment growing by more than 100%. the direct to consumer international revenue also gr growing almost four times, so significant growth u in those two divisions in terms of revenue then in terms of o operating income as wem m really a huge quarter for disney in terms of the box office strength with films such as froenzzen 2 coming out we have bob iger here, but guys, first to you >> thanks so much for that any moment now for that interview. mike, quick comment first of all on this share price reaction a nice beat on the bottom line bett better. >> i think maybe 25 million was what the street was looking for. it really is earnings growth story for this fiscal year that's

disney. bob iger's executive chairman and bob chait pick is the ceo. bob iger changed disney. disney marvel, lucasfilms and 21st century fox. we spoke to the disney leadership team after the news broke yesterday. that not onlyeone knows the company very well, running if you of our important businesses but is also someone who we know well. >> i intend to double down on the same strategy bob established that is served us so well. the thing a take away from his legacy is getting the content right and everything else follow suit. us is matthew from bloomberg intelligence. great to see you. this is a surprise announcement. is this something shareholders should be worried about? matt: definitely a surprise. expected perhaps 12 months or so before they had to fix on that. i think it makes sense to transition so i don't think people should be concerned about it. when you thing about what's happening here you've got an overlap of two years. people of lots of respect for bob iger in this new ceo has this transition to get to grips with the sprawling entertainment company and still have that se

disney for sure 425% return. leading the company to major bu buys what is the future for disney? does disneyight 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 wars rides. they are so powerful, they are not even on the fast pass system which tells me the demand to go to these rides and the parks has way more strength than the market believes. one attraction there, making your own star wars sword, i understand is sold out for the entire month of march. the demand and the chinese government will do what it can to stimulate what it can given the virus threat passes money that will help hong kong business owned by the government you have government partnership in asia helping them i just think this kind of multiple experiencing the fin

partnership makes imssible or the preferred plt based burger of walt disney world resort disneyland resort and disney cruise line. disneychose impossible foods over rivals such as be on me, but the deal doesn't necessarily mean that impossible burger will be served at all disney restaurants. >>reght now an online petition is asking airlines to allow children to be able to sit with their parents during flights, here's the key though without charging extra fees families who buy basic economy seats, ey can always choose assigned seats so. >>children could and do end up being seated away from eir own parents will lt week. consumer ports posted the petition demanding airlines puts safety over profit. the petition readto children a 13 or uer should sit with their families while flying and should not be charged extra fees to do so it specifically calls out delta and united. all 3 airlines have responded to the petition. a united airlines spokesman says whenever possible they see families together amerin airlines says it has been developing a process to ensu children youngethan 15 are seated with an ult family member as for elt

life. >> disney wedding they want a disney home but i think realityrdable and millennial and mini new york city and spokane as a mini seattle, and i look at sarais gas as like it is vegas and orlandoed a city with great rents potential. so as far as like a stable investment is concerned these cities are all great but kind of doing this out of nowhere, and then thing with with vegas that we forget is is a prosport hub. raid reverse going there and other teams are thinking about moving there as well so when that kind of stuff happens you literally haves thousands of people moving there over night. so it affordability and investmt in long-term. that tell you vegas i don't to wait that is one of the cities that the got completely crushed during the financial crisis of 2008. well it is interesting to see these number i want to move on quick to a question mark we had, barack obama childhood home on the market 2.2 million a pretty mod pest home is that a selling point for a home with some kind of select connection? >> thanks obama. so it was a house you live

head of disney now apologizing because disney sent a bill to the berkley elementary school that showed the lion king movie. billed $250 for screening the movie during a school fundraiser. now disney has waived that fee and disney ceo bob eiger apologized on twitter saying he will also personally make a donation to the school's fundraiser. the company swank motion pictures which represents disney says it takes copy right violations seriously but they understand schools showing the lion king movie is not a malicious act. >>> happening today it's the 16th annual release of that popular beer. lines are already forming at the russian river brewing company just to get a taste of the triple ipa. now the brewery plans to release a brew for two weeks at its santa rosa and windsor locations. the general manager at russian river in santa rosa says piney the younger has been around for awhile but it just becomes more and more popular. >> since 2010 it's become one of the best rated beers in the world and here we are still sitting in 2020. people are lining up a day in advance. >> now the first customers lined up yesterday morning at 10:40. the doors open today at 11:00. and once inside, cust

disney is trng to make things right sayg sorry. disney ceo bob ig issuing an apology on twitter saying he will personally now donate to the school's pta fund. the gesturwas much appreciated by the pta president. >>big deal and i think i mean he's a super ceo and as you know recognized as such, but i think it's real testament to the strong leadership that when you recognize that you've responsibility for done. you know you say how can i help and that's him offering w he can help d to thank you very much. >>sure seems like the rit thing to do. back in november. during a school fundraiser the school then got a letter saying it had violated disney's licensing copyright d had to pay a fine again in disney wilbe donating waves money. >>still ahead tonight a keeping studentsphysically fit is of course important but a statewide fitness tests is going away we'll explain plus a big staying under covering major operation inthe ba tom: my mom always told me actions speak louder than rds. she was a hool teacher. my dad joined the navy and helped prosute the nas in nuremberg. their values are why ialked away from my business, ok the giving pledge to give my money to good causes, and why spent the last ten years fiting corporate insiders who put profits over people. m tom steyer, and i approve this message. because, right now, america needs more than words. we neeaction. i thought i had my moderate to severe ulcerative colitis under contro turns out, it was controlling me. seemed likmyymptoms weretakin. i knew i needeto tk to my doctor. thinhe'll make it? that's when i learned humira can help get and keep uc under control wheworked well oug

raisers to to fill in the gaps you may be disney could give a use permit for schools using using their content in this kind of a landing the kids love disney. we love disney. you know, maybe it's a way for disney to show their love for the kids. >>sorry the pta president says that they will pay the license fee. he also says that they are and they're not mad at disney. and they're calling this a teaching moment for students about being held responsible for doing something wrong. has approved a settlement that moves pg any closer to getting out of bankruptcy that deal would refinance billions of dollars in debt to pay off pg bondholders the utility also negotiated more than $25 billion in settlements with homeowners, businesses insurers and government agency that claim more than 50 billion and fire losses. now when and if governor gavin newsome approves a plan pg e is expected to get out of bankruptcy by june the fi the june 30th deadline. well happening today, the impeachment trial of president trump enters its last chapter a final vote will be held this afternoon john lawrence reports. >>one day after giving the state of the union address president trump

raisers to to fill in the gaps may be disney could give a use permit for schools using using their content in this kind of a landing the kids love disney. we love disney. you know, maybe it's a way for disney to show their love for the kids. >>we'll see the pta president says that there are of course going to pay to license they're not upset in any way in fact they're using this as a teaching moment for the students as an example of correcting something if you've done something wrong. >>the 9 11 at the time and still ahead on the kron 00:04am morning news police are now saying a deadly shooting at a home in brisbane wasn't a home invasion. so what was it will have the latest on the investigation and a santa rosa teenager jumps into action and saves the life of her family when their home went up in flames, we'll tell you how she did it and president trump. he gives his state of the union address and nancy pelosi rips it up. tom: my mom always told me actions speak louder than words. she was a school teacher. my dad joined the navy and helped prosecute the nazis in nuremberg. their values are why i walked away from my business, took the giving pledge to

disney's bob geiger has stepped down as ceo effective immediately. he will be replaced by the chairman of disney parks, experiences and products is. he is run disney5 years and will stay on as executive chairman through next year. he says he wants to spend more time on espn fox, google and disney+ all of which disney owns. and how do you pronounce the word gif? the peanut butter brand jif is teaming up with the animation site claiming that the acronym for graphics interchange format should be pronounced with a hard g but the creator previously set it is pronounced with the soft g. like the peanut butter. nevertheless, special jars of the peanut butter with the g one on sale and sold-out. that your cbsmoneywatch.com. for morehead to cbsmoneywatch.com. at the near stock exchange, i'm diane king hall. >>> and east bay typewriter shop is shutting down at the end of next month. california typewriter has been servicing manual and electric typewriters for 70 years. but, it has seen declining sales. it was one of two remaining repair shops in berkeley. >>> new this morning, nasa will start taking applications for its astronaut class. >> about 20 trainees

>> disney, i'm looking for disney plus to give us another big earnings announcement here looking to buy a call spread on disneye your being with us tonight. that does it for us here on "options action. we'll be back next friday at 5:30 p.m let's go back to london the last 20 seconds of the uk in the european union "mad money" starts right now - [narrator] the following is a paid advertisement for the hoover smartwash. when your throw rugs need cleaning, you toss them in the washing machine, easy. if only you could do the same for your carpet. instead, here's what carpet cleaning looks like for many of us hauling around heavy, bulky rental machines. they're a hassle. and do you really want to bring someone else's dirt into your home? and then there's all the mixing, soaking, waiting forever for your carpet to dry. no wonder we sometimes give up and call in a pro, but that's a whole other level of pain. they're all over your house. you're left with a damp carpet and it costs a fortune.

recently, he oversaw the launch of disney's video streaming service disney plus, which has exceeded expectation so far. now, mr iger will continue as executive chairman at disneyar. he will be replaced as ceo by bob chapek, who, until now, was in charge of disney's amusement parks business. time now for our daily look at some of the newspaper and website stories which have caught our eye. joining me is laura onita, retail correspondent at the telegraph. welcome to you, laura. talking of retail, the sales of music at a real high, 13 year record after a surge in streaming. indeed, so we are seeing this trend of people subscribing to spotty, apple music, increasing, which is what has led to this record sale we have seen. streaming services now account for 80% of these total sales, which is a very, very interesting in how we listen to music these days. there was a real worry when streaming started about what the impact would be financially on the whole industry. indeed. it seems like we reached the point where they have been a recalibration of sorts and we found a way to make money out of it but the one thing we should bear in mind is that in america there will be

disney plus launched last november and attracted more than 28 million subscribers in its first three months far exceeding analysts' predictions. disney also increased subscribers for the two other streaming services hulu and espn plus. those games were largely driven by disneyundles which offer all three for $12.99 a month. >>> there is increasing evidence apple is working on a foldable iphone. u.s. patterns and trademark office made public a pattern apple applied for a foldable device that pattern says apple has e him fate the crease in the phone's screen. that has been a challenge for the other foldable phones and samsung started selling its phones last year and motorola has a foldable phone that'll go on sale tomorrow. apple's foldable phone is not expected to be released until next year. >>> the push to promote local brands could also be pushing starbucks out of airports. food service company hms hosts which offers all of the 400 terminal locations nationwide ended its nearly 30-year exclusivity agreement with starbucks. sales are still good and run by local agencies, so as to support small businesses grows, so does the effort to sign contracts with concession airs who offer local brands, so you may see starbucks in a lot of airports, but i believe sfo

it is disney's first report since launching disney plus in november will disney deliver magic? not convinced. mike is live with the action what are you seeing? what bets are placed on disney >> the bet we're going to look at today is one by someone who holds a decent share of the stock. right now the option is implying a move of 6% higher or lower than the end of the week that's larger than the eight quarter average move of 8% somebody went and bought the weekly 135 strike puts and financed the purchase of those by putting the weekly 155 strike calls that expire next week. the stock was 141 when this took place. set that aside and consider what the options represent. what's going on here, the person is getting protection for a 5% move to the downside and willing to sacrifice any gains of 10% or more to the upside for basically the period that goes from this friday until next week this is an interesting trade that people who have had stocks that have gone up a lot, maybe tesla you may want to consider, put a trade like this on and give yourself protection it's more interesting to

the torch he expanded disney internationally with the launch of shanghai disney and new star wars lands he shifted the focus to streaming directly to consumers with a launch of disneylus and espn plus and he gave the company massive new scale for the acquisition of the entertainment assets from 21st century fox. now iger has grown and changed disney more than any prior ceo leaving his successor with big shoes to fill. you can find my full interview on cnbc.com. >> two questions, one is one of the big questions in hollywood and wall street is the media sy -- immediacy of the announcement to effectively make the new bob the ceo immediately. did he speak to that issue and why? >> well, look, i think there's a question of why this is being announced now when iger's contract had been extended through the end of 2021. you know the board is focused on this issue of succession for quite awhile now expiring someone who could fill his role and remember there were many examples of people like people that were thought to be successors to iger that ended up leaving and raising concerns about who could fill iger's shoes. so the idea is to identify who that successor would be and

cheryl: baby yoda showing walt disney the way when it comes to the launch of disney plus. 29 million subscribers have signed up for the company's new streaming service. s is disneyfor their money. let's bring in ian wishinggrad. good morning. >> good morning. cheryl: what do you make of the news that there is strong interest in disney plus and also the fact that these subscribers are watching a lot of the older disney content? >> this was like a lay-up. i have a kid. the first thing you do when you have a kid, you realize you need a break and you're trying to find safe things for them to stream. disney is a no-brainer. cheryl: family friendly content, they're winning there. >> 100%. cheryl: that's good to know. what do you make about the mandalorian. they told us the mandalorian had high interest, baby yoda is viral. frozen two, rise of skywalker, there's a lot of stuff for disney. >> this is a direct to consumer hedge. they're trying to find out how to have a relationship directly with the consumer. as cable continues to kind of whither, this is a great opportunity to keep windowing alive and keep funneling things there and have a life cycle with the customers.

disney theme parks going to cost you more in 2020. ticket and annual pass price increases were announced for both disneyland and walt disney world. for disney world, the most expensive ticket will cost over $200 a day. it follows a ticket price increase in 2019. >> ouch. >> so if you takids? >> aot of kedough. >> 4 you're like circling a thousand dollars. >> you're spending their college education. but it's an education in and of itself. >> and it's the happiest place on earth. >> because they're not there when the sheriff shows up saying you're bankrupt. >> you know, i turned on the con air today. it's so crazy! it's winter! >> only on the calendar, but not in the weather. wait until you hear what it was in santa rosa today. plenty of sunshine around the bay area. the golden gate bridge, clear skies out there. just a puff or two of fog, but otherwise looking sunny. right now santa rosa at 78 degrees. lots of records broken or tied today. santa rosa overnight down to 49, and san jose 47. high pressure still moving in over southern arizona, and as a result the winds keep us scoured. but the futurecast shows there's not much on the way until

disney. the acquisition of marvel studios, pixar, lucas film, all of which are shattering box office records. iger says with the successful launch of disney-plus, this is an optimal time for change. he also integrated a $71 billion acquisition of 20th century fox. iger says he'll work closely to transition to disney'sew ceo, bob chapick, the chairman of disney's parks and resorts division. >> as you point out, he's not leaving the company. >> not for now. right. >>> stephen colbert was up late about instant reaction to the democratic debate. >> seven candidates, five moderators, two hours, and one powerful message for america -- >> in that allow this -- [ all talking at once ] >> it's not true. >> bernie, let me respond to -- >>. [ all talking at once ] >> you asked me a question. >> look, let me if -- >> first of all -- >> it's going to be tough to fit on a bumper sticker. after a question about the cost of. bernie's medicare-for-all program things got shouty. >> i think we were asking to do the math. let's talk about it -- >> let's talk about math -- ♪ let's talk about math, baby let's talk about health for free ♪ ♪ let's tax the 1% and end poverty ♪ ♪ let's talk about math >> it was funny. yang was the math guy, he's gone. now they're talking about math. thanks for joining us, i'm christine roma

disney, disney plus i should say this fall. apparently there was a great deal of nervousness in the streaming community it would not be having a followup season. relax, fans, it will. retail woes are continuing. macy's set to close 125 stores. that is over the next three years. kristina partsinevelos has details. hey, kristina? reporter: neil, 125. not including the 30 stores they announced they would close last year. we're talking about macy's but we have to include other brands, bloomingdale's and macy's backstage as well. the company is having an investor day at the new york stock exchange. they're trying to convince their investors they can make macy's cool again. that is the issue. what will they be doing? closing 125 stores across 19 states. they will shut down the cincinnati headquarters. focusing on only the new york headquarters. they are cutting roughly 2,000 corporate jobs. that is 9% of the corporate staff. then reformatting stores. this plan is so serious, they actually dubbed it the polaris strategy. this is according to macy's press release. if you're wondering about the three-year turn around plan. they have three pillars they want to focus on. the fashion game, some people say they're not as trendy. they will be expanding their value offerings as well. what i mean by that is, they will be expanding the macy's backstage locations. these are off brands. think of like a tj maxx, so things are a little bit cheaper, if the season is over, they would put it there. they will be reformatting stores. what i mean by that, creating smaller stores. market by macy's is an example t would be a stand-alone store, much smaller. there is one actually opening in dallas tomorrow, if you happen to be in there. not all analysts are sold on the turn around plan, despite the stock being higher. citi analysts say they have no reason to believe the strategy is enough. they have pushed to sell the stock with a price target of $13. i will end on this, capri holdings which owns michael kors, we released a statement, they are only in the top macy's location. they had a stellar holiday season. they're not worried about their sales. macy's will have to convince shoppers and brands they're still cool, right? get people to go to the department stores. that is a big issue. a lot are in mall locations, neil? >> that's a problem. meanwhile michael bloomberg is trying to seize what happened in iowa. we already know pubrepublicans are. he has a novel way to take advantage of it. it is called money, lots of it. edward lawrence with the details. reporter: he has got that money. a campaign aide that former new york city mayor michael bloomberg will target markets, doubling his ad buys. bloomberg says his strategy is more efficient focusing on big states and swing states while ignoring the first couple democratic primaries. by my count he has spent $300 million on television, radio, online advertisements. taking up those open slots. for example, tom steyer has, former hedge fund manager spent $134 million. no other democratic candidate has reached $30 million in ad buys as of yet. now in addition, now that the iowa caucus results are trickling in, some experts i talked with, they think the true winner of that caucus was michael bloomberg. his campaign, and ad buys based on the idea that former vice president joe biden would fade in the polls. apparently his fourth place finish, if it holds is opening the door for bloomberg. maybe he saw that, bloomberg did. on so but doubling down on the ad buys might push him into the polls and into the nomination he is hoping. back to you. neil: got,it, my friend. thank you very much. there is other stuff today. forget on awaiting iowa results. the other i word, impeachment. we get the final vote whether or not to con scribing the president of the united states that sun likely. we'll be watching and how, whether they split hairs as mitt romney might do, insisting right now there is a possibility to convict on one count and not on the other. it is a mess. i don't understand it. fortunately bill mcgurn, great writer, "wall street journal," former speechwriter is with me right now. he is with me right now. what do you expect happens here? i think it is a foregone conclusion there will not be a conviction. maybe what certain democrats or republicans might do, what do you think? >> that is what you say is true. what that shows is, it has been kind of a sham because people always knew the outcome. it was never likely that the senate would get 20 republicans to switch over and convict. we've gone through charade and everything. the problem democrats have, they bored people to death. before the state of the union i saw poor adam schiff still making his case. i'm wondering were anyone a part from a few twitter watchers tuning in to hear him talk about that? neil: i can only imagine that was meant for the viewing audience but did it change any minds? no matter who you talk to, democrats overwhelmingly supporting impeachment, republicans overwhelmingly not, in the end did it change anything? >> impeachment? no. i don't think -- neil: if anything his numbers are higher. >> which is what happened to bill clinton after he was impeached. neil: but he wasn't running for president. >> all that i think that they did is set donald trump up for his triumphant state of the union last night. i mean because he is kind of, he is kind of like godzilla. they're throwing spears at him, they're shooting him, the army, still bouncing off of him. it is the most dramatic stage in american democracy. neil: does that make nancy pelosi rodan? >> could be. they set him up. by being there, you have thrown everything you got at me including constitutional equivalent of a nuke and here i am standing here. i think it set him up to look strong. that is always the advantage the president has in the state of the union. he is the commander-in-chief. neil: right. >> the speaker may be speaker of the house, always seen as a more partisan figure. neil: were you surprised bill, you covered this a long time, that nancy pelosi and the president haven't spoken since last october? >> i'm surprised in the sense of washington, that you would think that there would be some business -- i'm not surprised, you know given the dynamics. neil: if he is reelected, assuming the house stays under democratic control -- >> big assumption. neil: right, right. what do you think? how is it going to go? >> i don't know. i think it is all up for grabs now. again, as you say, presidents approval ratings have been rising through impeachment. and look the people who really matter are not the republicans and not the democrats but the independents, especially in those battleground states. i think they hated impeachment. i think they regard that as a washington kind of soap opera, especially when you know the outcome, all these pious speeches on both sides. neil: it is not over. they're still trying to subpoena john bolton. >> how is that going to work? you remember bob mueller? casey at the bat. if only bob mueller could get up and take a whack. and now he is faded into the ether. i don't think impeachment will be such a big deal. neil: as you point out impeachment with something else. >> it is a first. we had other presidents impeached before, no one in the first term who would run for the second term. neil: wild stuff. thank you, my friend, very much. bill mcgurn. meantime it is all about the jobs. but this time the blue-collar jobs. why what the president is saying on one front is now seen at least to democrats as a personal affront. after this. ♪. i'm your 70lb st. bernard puppy, and my lack of impulse control, is about to become your problem. ahh no, come on. i saw you eating poop earlier. my focus is on the road, and that's saving me cash with drivewise. i am not for ignoring the first sign of a cold. i am for shortening my cold, with zicam! zicam is completely different. unlike most other cold medicines, zicam is clinically proven to shorten colds. i am a zifan for zicam! oral or nasal. [ confetti pops ]king ] [ confetti pops ] [ confetti pops ] [ indistinct talking ] [ confetti pops ] [ confetti pops ] a new kind of investor is changing things up. with an app that's changing the way we do money. [ confetti pops ] join us. ♪. neil: a lot of new hampshire graduates have been telling fox business and getting ready to tell us more when we're there over the weekend that student debt is big issue for them. holding them back from achieving the american dream but what is the solution? hillary vaughn is talking to those voters what they want to see happen now. hey, hillary. reporter: neil, student loans are keeping college graduates from achieving major milestones. a survey says over 80% of people skipped saving for retirement because of their college debt. over half say it stopped them from buying a home. here in new hampshire, the problem is bigger than ever. the first-in-the-nation primary state of new hampshire is first-in-the-nation for the highest percentage of college students with debt. >> i moved back home with my parents, to be able to make payments and to pay it off more quickly. reporter: 76% of new hampshire's class of 2018 graduated with student loans, the highest in the nation. >> i took not my dream job right out of school because i knew it would pay the bills and they were coming. >> i took a little bit out when i was an undergrad. reporter: new hampshire students have on average $36,000 in debt. some 2020 candidates are making a comprise to make that disappear. >> we can cancel student loan debt for 43 million americans. >> make every college tuition free. >> educates say that policy is not practical. >> no such thing is canceling didn't. they're shifting debt. someone else will have to pay the debt. reporter: part of the problem isn't just the price tag. some students pick a major at a college that isn't worth the cost. >> we can't not allow them to borrow, but we can educate them on what borrowing means, what borrowing wisely, means. reporter: student loan debt nationwide hit an all-time high, topping more than $1.6 trillion last september, and has more than doubled in the last decade. some people think the problem is so big, a president needs to fix it. >> actually will help the economy an incredible amount, to have young people that are not paying money every month to some massive loan company or to the government. and to be investing that money in our communities. reporter: others think the federal government getting involved is part of the problem. >> making it free means someone else is paying for it. reporter: neil, paying for that tab would not be cheap. it would almost use up all individual income tax revenue collected in the last year, just to pay for it. neil? neil: hillary, thank you very, very much. meanwhile as president trump pushes his blue-collar boom he calls it, a new report that highlights jobs that can make up to six figures without a degree. it is such the trend right now, even people like elon musk are saying they're eager for workers, whether limited to high school degree or less than that. best-selling author dan geltrud on that. recognize the obvious. some don't need a college degree. others have very nice prospects without one. >> it is really true, neil. i talked about this in my book. you really have to navigate what college means to you. forget about the learning aspect. i know that sounds crazy. neil: right. >> it is a return on investment. so you need to manage what you're investing and what you're going to get back because there are people who are taking on enormous amounts of debts. people are just throwing money at them, to have them borrow more. they get out in the workforce, they realize whatever career they have selected, they're never going to be able to pay that back. so it would be like -- neil: does that mean we don't give loans to philosophy majors? >> that is a good question, neil. i think it comes down to buyer beware. you have to put some thought into the fact to say, if i'm going to be a philosophy major, or i will be a librarian, how about that one you need a master's degree, okay, how much money women i will make? 55,000, 75,000? meantime you absorbed $250,000 in debt? neil: i always figure the dad who accosted senator warren, right? i worked a variety of jobs to pay for my daughter's college education. i worked my butt off to do that you're forgiving those others who didn't have to do that. >> that gentleman had a point. i did all the right things, i worked multiple jobs, i saddled with all this debt or my child is saddled with all the debt. the person who took the lazy route potentially, everything is free. the system is clearly broken in that regard. neil: i wish we had more time i wanted to talk to you very quickly about the survey out. 44% of couples keep financial secrets, either separate accounts the other doesn't know about, or worse. what did you think of that? >> well, all relationships, neil, are built upon trust. neil: right. >> people want to trust. it is that natural human feeling, you want to trust your spouse, your friends, everybody you know. and then when you find out that they're cheating on you because they have a secret bank account, or credit card, it really hurts. and, we have to look at what is the reason why people do that? from what i saw in that survey, you have people that still want to be able to maintain control of their finances. or on the other end of it, sometimes they don't want their partner to know they're a little irresponsible or not good handling money. neil: in your case, revenues from your multiple best-sellers the revenues iryour wife had no idea it existed. >> and it is offshore [laughter] neil: there is a way to do this, folks, that is the way to do it. thank you, dan, he did not do that by the way. i set it up here. >>> meanwhile millenials are about to jump in the housing market the way we have never seen. you remember the way they were burnt what they saw their parents go through by the meltdown? i think they're over it. ♪. well have you tried thinkorswim? this is totally customizable, so you focus only on what you want. okay, it's got screeners and watchlists. and you can even see how your predictions might affect the value of the stocks you're interested in. now this is what i'm talking about. yeah, it'll free up more time for your... uh, true crime shows? british baking competitions. hm. didn't peg you for a crumpet guy. focus on what matters to you with thinkorswim. ♪ 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 do the extraordinary. take your business beyond. can you help keep these iguys protected online?? easy, connect to the xfi gateway. what about internet speeds that keep up with my gaming? let's hook you up with the fastest internet from xfinity. what about wireless data options for the family? of course, you can customize and save. can you save me from this conversation? that we can't do, but come in and see what we can do. we're here to make life simple. easy. awesome. ask. shop. discover. at your local xfinity store today. and now for their service to the community, we present limu emu & doug with this key to the city. [ applause ] it's an honor to tell you that liberty mutual customizes your car insurance so you only pay for what you need. and now we need to get back to work. [ applause and band playing ] only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ neil: a top bank executive at soft vision fund is departing. charlie gasparino has the story. >> i can tell you will all about the story. neil: tell -- >> you want to leave your hour on a high note. neil: right. i was thinking like, you know, ripping up stuff. all right. what is going on withwith softbank. there we go. >> there we go. you want to talk about? neil: softbank. >> the bigger story is not the gentleman that left. i don't know his name. you don't know his name. very smart guy i'm sure. it is the guy staying, misra, the head of softbank vision fund. the guy has taken a lot of flak for wework. neil: this just isn't any fund. there is a lot of money behind it. >> 100 billion-dollar colossus that basically incubates every major tech company and made really bad bets this year including wework. we knew, we the rotted in the past there would be a shake-up in the fund. we thought misra is going but we is is not. he is staying. his number two is going. here is the interesting thing. this is where the rubber meets the road on this, misra is trying to raise money for the second vision fund. he is trying to get the biggest investor of the first vision fund which is the saudi sovereign wealth fund, pif, trying to get them in the second one. that is mbs's, his big pile of cash that they're using to basically modernize the company. the country. if he does not get that money, and from what we understand it is still up in the air whether he will get it or not, a lot of people say he will not, both parties tell us it is still an open question. if he doesn't get that money, according to analysts, ms. a might have to step down. you start annoying the boss, san who is head of softbank. neil: he made promises to donald trump. >> there is couple big things on the horizon for them. do they get saudis into this? for softbank dawes the sprint t-mobile merger go through? they're a big owner of sprint. they own a big chunk of it. a lot of stuff involving the fund, including this scintillating story i knew you couldn't wait for me to walk in the door to bring it to you. neil: i'm glad you did. i had very low expectation. >> i had to pull the paper, notes out of your hand, you were ready to go like this, like nancy pelosi. neil: real quick, they haven't talked since october. >> they used to be friends. trump and nancy. neil: do you have any italian relatives. >> pelosi is italian. someone says 15. minutes or seconds? neil: concerned about equality. >> you know what they say about italian amnesia,. italian alzheimer's. you never forget anything. neil: true enough. we never forget charlie. hey, saved you a seat. this round's on me. hey, can you spot me? come on in. find your place today, with silversneakers. included in most medicare advantage plans. enroll today by calling the number on your screen or visit getsilversneakers.com we could see more records today. s&p and the dow are trying to follow the nasdaq into that territory. we'll update you on that. maybe advancing the politics. anyway, five year highs was the sprint ahead. it really surprised a lot of folks. in the meantime, we are looking at the back and forth not only with the iowa results in new hampshire, but the disarray with parties that something is actually working in the markets performance today. let's get to our panel. james, let's begin with you on what's happening on "wall street" today. democrats disarray or investors party. what you think? >> i guess you could say it's sort of the story of the year the drama in washington and the market just kind of cruises along and obviously that number is affecting a lot, it looks like big job growth. the unemployment rate has been so low, there still people in the job market, this whole government report and will get a look tomorrow quickly report on small business it has to make people optimistic going forward. >> it's a tough battle for the opposition party to deal with. >> it is. almost, but almost feel bad for the democrats. the data shows the opposite, you've got people, 72% of the people have gone back to work, that's going from job a to drop be. they're going back into the workforce after having been completely sidelined. this is helping out people in middle america and low income neighborhoods, record low black hispanic, asian unemployment and women, best number since 1953. tax cuts from the millionaires and billionaires is a complet complete -- >> if you look at it and maybe this is trying to take a page from 2018, don't focus on the economy as healthcare. they are going to wreck your entitlement. i heard a lot in iowa and a lot more in new hampshire and it worked. in gaining traction for them in the house. what you think? >> what's so different about 2018 is in 2018 from what they were saying let's not change healthcare. the candidate in 2020 and all good looking at the leaders on the democratic side is going to be saying let's make radical changes to healthcare. in some ways, the situation is reversed where trump is going to be saying here are my incremental improvements but it's the democratic side this time who's going to have to defend what are pretty radical changes. bernie and elizabeth warren are saying let's get rid of private out have plans. that's roughly 200 million people affected by that. >> it's interesting that they are still waiting for the final figures. bernie sanders looks okay. i think there's a panic developing among democrats. they might go ahead and skip that role on the first ballot. to further disrupt that. what you think? >> i think it's disgusting. bernie sanders and like very much but if they are going to defeat him, they should do it fair and square. in the fourth inning of a baseball game, you can't run all the way to third from first. it's ridiculous. >> they want sanders to be the nominated, democrats thought they could cross donald trump. >> that's true. there is a risk, he's easier to beat than others so not exactly one that's warm and toasty but it's only fair that they should win or lose according to the rules. you've seen them already change the rules to get michael bloomberg into the debate but they didn't change the rules to help kamala harris or cory booker. >> the real beneficiary from office. >> there bending over backwards to change the role to get him in the next debate. as long as the chaos goes on, he has the money to capitalize on that. fifty-five -- 60 billions in the bank. he could spend 10% on this and still have another $50 billion left over. >> ohio state senator. you heard all this talk back and forth, they are getting confused about the whole, is it sanders, to eco- hard left? we stick with someone for moderate? may be still joe biden. >> definitely not joe biden. i don't know that there's confusion amongst democrats, one that is more vocal and more organized amongst the party activists and that is the progressive lane. there are a lot of militant moderates on main street that want to see pragmatic approach. >> they also want to wind. >> we do want to win. i would say the real loser out of iowa is joe biden because he came and forth no matter what comes on here. i don't think he's going to be able to move into third and overcome elizabeth warren and if he underperforms in new hampshire and comes in second to bernie sanders and potentially loses south carolina, which he's counting on the strong african-american base, really, really big trouble because it's going to be slow down which means money is going to dry up. by the time he gets to south carolina, he may not have the resources necessary to win fair and stay in the game. i think this is where mayor pete is going to be in a good spot coming out of iowa and mike bloomberg i think is a real beneficiary who's going to swoop in and i predict will have more delegates than joe biden after super tuesday. >> you remember, there's talk among the republican establishment when they could ship the rules of the convention to prevent a trump domination. people realized pretty quickly the party would have revolted. you can't have someone winning all along and then be knit denied the price of the end. the same thing with bernie sanders. when after win after win. you're not going to be able to sustain an argument that rules can be changed at the convention to prevent his nomination. >> i agree. i don't think we are going to see a consistent single winner. i think we are going to get different ones. >> the first ballot possibility, it's possible. >> it is possible. it's hard to say because it's contingent upon how close the numbers are and who the people are. >> the argument that bloomberg builds. bloomberg once that second ballot because then the superdelegates can come in and deny bernie the nomination. >> i don't think bernie is going to sit still over this. his supporters are not and they were upset about the fact that the dnc stole the nomination from him, at least made it difficult for him. four years later, these people are not going to support the democratic nominee. some may vote trump, some may just stay home and discuss. >> we will begin new hampshire, you've got our coverage this weekend then monday on this network and fnc, we are going to corner all the catering. our prime time coverage on tuesday night as well on this channel, 8:00 p.m. eastern, one of the rare places you can get the numbers coming in if the state provides them, and foreign market reaction. it's all fair and forth. 's hi guys. this is the chevy silverado with the world's 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. ( ♪ ) this valentine's day, give her the gift that says, "you are my icon. you are my diamond." the marilyn monroe collection of fine jewelry. exclusively at zales, the diamonds are a girl's best friend store. the end might not be as happy as ayou think.end. exclusively at zales, after all, 4 out of 5 people who have a stroke, their first symptom is a stroke! but the good news is you can rewrite your ending and get screened for stroke and cardiovascular disease. life line screening is the easy and affordable way to make you aware of undetected health problems before they hurt you. we use ultrasound technology to literally look inside your arteries for plaque that builds up as you age- and increases your risk for stroke and heart disease. so if you're over 40, call to schedule an appointment for five painless screenings that go beyond annual checkups. and if you call us today, you'll only pay $149-an over 50% savings. read it again, papa? sure. i've got plenty of time. life line screening. the power of prevention. call now to learn more. markets are taking a turn on the coronavirus, not a treatment, not a vaccine on the symptoms of the disease but not the disease itself. promoting more medical research on the like her. have the money to do so. the latest, by the way, he is a doctor and practices medicine. very good to have you. what did you learn at the cdc? >> this is the third briefing we've had in six days. just to give you an idea of the importance has been placed with this. i've been here through a number of other public health concerns, this is the most concerning, this is potentially the most dangerous of any of those crises we've encountered from sars to ebola to zeke up to today. this virus is spreading rapidly. last thursday was 7000. 240006 days later. reported deaths were under 100 weeks ago. they are closing 400 today. that gives you a sense of how important this is. good news, the united states is only 11 and it has not increased in three days. so that's a positive. i've got to hand it to the administration, they did declare public health emergency last friday and they have stepped up controls on people cutting into this country, increased quarantines, this is important to people being quarantined for 14 days. traveling from a area with the virus prevalent because it's the last thing you want to started to this country. >> anyone going in that region whether they exhibit signs or symptoms are quarantined? >> screened at least three times, before leaving downstream. they are screened when they get here and if there is reason to think they have been in an area where the virus has made an appearance, they are either self quarantined or quarantined on military bases 14 days. fourteen dames seems to be a good length of time. some argue it should be shorter than that but there seems to be consistent opinions with 14 days still required. case number one in the northeast, fortunately self identified. i was from this area, i've been sick with the symptoms. maybe check that and they did. so that's good news. perhaps what we saw with ebola, people were affected and they were identified in the index patient. they did a good thing by coming forward and identifying himself. >> thank you. good having your read on this. you already know about the voting problems in iowa, other states have variations essentially of the same app. the technology that you don't know about that you probably should know about. ♪ ♪ ♪ everything your trip needs, for everyone you love. expedia. the celebration begins, kansas city with the super bowl parade is wrapping up right now. the cities first super bowl win 50 years. the democratic party is getting its caucus done after i was io iowa. >> good to see her. the app designed to streamline the iowa caucuses and provide more accurate and transparent results, a timely did the exact opposite of that. the fact that it was difficult for the users to operate. it wasn't user friendly. was founded by the former hillary campaign staffer. you're supposed to be used for the nevada caucuses november 22 but nevada democratic party thing is not going to be using the app after what happened in iowa. the iowa democratic party chair, he had this to say about the whole debacle. >> this is a conversation that happens every four years. there's no doubt that conversation will take place again. right now, my focus is making sure we get these results out. >> so now all eyes on how technology is going to be used in caucuses, primaries, elections going forward. as another case study and i want you to keep an eye on the conservation district in washington state. washington special election in february 11 presidential primary election is march 10. it's going to use an online portal, not an app instead of its traditional vote by mail. they are going to be printed, scanned and verified. they are going to move forward with this and with that process to emphasize there's differences here with the iowa technology but nonetheless, they're not going to shy away from it because this is an important part of the future. at the same time, we are waiting for the results to come in. >> it's ridiculous. thank you. in the 24 hours since we had at least the first wave of results released, we only got about 3% more. bernie sanders gaining a little bit but the fact the matter is, we have really not seen much movement at all. this is 71% from where we were and 68% where we were. it taking so long to get an additional 3% but it is what it is. nancy pelosi and president trump can't get along, as you know but there is help. a batter and coyote can. there's hope. ♪ do not hours away from the closing actavis impeachment drama. the ultimate vote in the senate of whether or not to convict the president or not, most likely the devil is in the details. a couple of key senators. here's the latest. >> one of the most audible democrats up for reelection in this election cycle, doug jones says he will vote to convict president trump on both articles of impeachment. he struggled a little bit with the second articles of impeachment dealing with obstruction of congress, he wondered whether or not the house of representatives fully did everything they needed to do to prove their case but he will vote to convict on both articles. here is doug jones. >> it will be so many. they will look at what i'm doing today and say it is a profound courage, it is not. it's simply a matter of white and wrong. we are doing right. it's not a courageous act. it simply following the right. >> electing republicans to the senate, the nrs sees jones decisions to convict the president names it disrespected the overwhelming majority of those who stand with president trump. republican mercenary sender 2020 election year, that means it's too late to remove the president. >> the ballots have started being cast. i think it's out rages. i don't think any senators are paying much attention to what adam schiff and jerry nadler believe is the best thing to do. >> is 2:00, mitt romney from utah, he voted for witnesses. he will make his speech and announced how he will vote for o'clock eastern time. we were told he might be but it seems like indicate they should have it on the republik inside of the aisle. here's the process at 4:00. they grow individually to each articles of impeachment through first abusive empower and they will vote 151 guilty or not and they call onto the second articles of impeachment obstruction of congress and they will announce them on both. they need to 67 votes. they won't get anything close to that deal. i've always told here that history of the united states plays out under the dome here in the united states capital. that will happen later today sometime after 4:00. >> thank you very much. the trump administration pushing in this case, 5 million-dollar tax credit scholarship program. >> pennsylvania, we have a government who just vetoed a bill that would have expanded educational choice opportunities to let families just like hers be able to choose the most public, private homeschool for the family. he vetoed the bill and denied it. that's why the president last night said not only do we want to open the doors for her but we want to open freedom scholarship for people all across this country. >> we've got james friedman and ohio state senator with us. let me begin with you, the president is trying to say, can you imagine democrats not supporting this? you say -- >> supporting what exactly? are you talking about school choice? democrats usually don't support issues of school twice and here's why. it's the teachers union. that very well may be in a political aspect of this but someone who served in the state legislature for a decade, the concerns we have in ohio about school twice had oversight of tax dollars. if administrator appropriately part of school can be fined by york utilizing public dollars in a private domain at least in the case of not ohio, no accountability and no equity in performance. >> the teachers unions. the partner alternatives. >> the problem is that the performance records are nearly as good as the public schools. i'm speaking for my own experience. i would say that if there is pushback on school twice, it's usually because there's an inequity in performance and lack of transparency utilization of tax dollars. it sounds great and i know there are charter schools that work in places like new york. >> i do think it is about the teachers units. the same democrats who say the school factors or k-12 are awful, the most horrible thing. pell grants, when it comes to college, they found out kids 18 years old older go to a state school like georgetown or private schools like princeton or stanford. k-12 the same opportunity to choose where you go to school, it's antichild, i think it goes back to the fact that the teachers on the democrat party, they pay for them and democrats don't want to see that stopped. it's too bad for them. >> he's pushing for every success story like this. one woman featured last night, and others. >> that's the market, which we don't have with people and education when they are stuck in the government school and they don't have options, they can't go out into the market. of course, if you have an open market, some will do better than others. then parents can make their decisions to go to places that work and take their dollars away from the places that don't. obviously it's an issue they feel strongly about. they feel like it may be politics as well to parents who are looking for an option after the vice president went to philadelphia, he went to the catholic school along with the secretary talking about the amazing things this school has done with very low income community getting kids into all kinds of great colleges and not everyone can get those results but if you have competition, parents can find the places like the philadelphia school. >> opportunities last night, featuring an individual who benefited. >> opportunities helping americans like army veteran tony from cincinnati, ohio. after struggling with drug addiction, tony lost his job, his house and family. he was homeless. then tony found a construction company that invested opportunities. he's now a top tradesman, drug-free. reunited with his family and he's here tonight. tony, keep up the great work. [cheering] >> i'm grateful for the opportunity the president did pass a deal that would give this opportunity because like he said, it's what happened to me and it's a story i want to get out. that's the main thing that's important to me. >> it's not really the democrats this opportunity. >> when he was secretary -- >> absolutely. so there's more on this than what meets the headlines. >> i would hope we see more like us. we often see things like infrastructure and cities and rural communities and everyone shares in the benefit of that. i think opportunities are the same kind of thing. there are number of communities across the country that particularly from the communities i'm from that have suffered from economic decline and so opportunities provide for that chance. >> the difference in the parties of whether opportunities should be targeted. >> the pushback on democrats, they are saying the opportunities are putting the money in the pockets of already wealthy real estate investors coming in and taking advantage of low income communities to put more money in the pockets. we are going to need to wait to see how this bears out to see who really the winners and losers are. if we could litigate, the better off we are long-term success in our urban centers that could potentially be beneficiary. >> this is great news. happy to see this on number of levels. the program came out of the tax cuts asked, this is a part of a big tax cut, zero democrats are due supporting it. we hear from the left all the time on how trump is racist and hayton black people. there is this black man in the house gallery, a black mom and her child benefiting from us. >> what did you make from that? >> i thought it was terrific. you look at that support for black colleges and universities the idea that trump is a racist is a biggest lie around here. it's a vista talking point. blonde haired blue-eyed people in the gallery if he wanted. if you really were white supremacist what she's not. he had a number of black people including that general. and of course his great-grandson up there, too. this is terrific. it shows all the positive things this administration are doing for black americans and i'm glad this is being showcased. >> i'm hoping the president may inspire some big cities. opportunities are a workaround for the fact that a lot of cities are hostile in business. high tax, high regulatory burd burden. if you want a business to come look at the new york city and other places, there tends to be a campaign from local state federal government to show how the burden can be reduced. it would be nice if you just had a nice low regulation environment for everybody. >> we are going to take a quick break. nasdaq and s&p both on face for record close here. the dow is not that far away. microsoft and amazon getting a lot of attention. ♪ they want to come to the market, it's cutting its ideal price ahead of its big debut. what's going on there? >> the uniform of the year to test the markets in initially, the online company topic it may beget 17 -- $19 apiece for the shares. reducing the price range, 12 to $13 and i guess this is another sign for those unprofitable unicorns which were $60 million last year. over a billion dollars a year probably have to offer more to get less in return. our disappointment from we've work at the end of last year. also, uber and lyft still trading below their ideal prices. this does not go well for some of these ipos like the airbnb's and door -- and post mate when they test the public markets. some of these names like you see in the new york stock exchange, we also have the owner of a new stock exchange, better known as ice bidding to buy ebay. i think ice may look at the online market base and how well they match up buyers and sellers which is pretty much what stock exchanges do. this disappointment with the surprise bid. we have been falling in recession and my favor story of the day, disney you look at the stock, it is falling despite the better quarter than expected. that's because espn subscribers are cutting the cord. the fastest clip on record. down for the half% over last year. disneyland and hong kong disneyland both are shut for the coronavirus and they are going to lose $5 million in sales respectively. don't you love baby yoda? >> no. just kidding. the disney plus thing, a lot of them got it for free. >> 20%, that's about 5.7 billion. still, 523 million paying subscribers. >> it's only in a few months to get that. thank you very much. the money is and how they are remembering what their parents went through, they would never go through that themselves. while apparently time can heal a lot of wounds. because now they are in the market themselves. thank you. ♪ growing up in the markets here and that thou, the record books here. the nasdaq are doing the same or trying to. making money off charles paint. >> a lot of input today, i believe early on before open the bi

how big of an issue is the coronavirus for me disney -- for disney?d take a big hit. >> it's definitely a headwind. they've closed two asian theme parks, in shanghai and hong kong, they have already said that if the parks close for two months, the income will be hurt by almost 300 million. so it's a roadblock, but i think the bigger issue for bob chapek is maintaining the momentum across the different divisions, most notably streaming and ensuring the collaboration. vonnie: thank you, that's a great analysis from geeta in bloomberg intelligence. guy: and let's talk about company, a ceo spoke exclusively to us earlier. >> we are watching china carefully, it's very important for us. around 200 people in shanghai and beijing day in and day out. is that there is clearly some uncertainty in relation to the movement of people and the supply change. as we are having this , we are looking at a key part of our profits. the product so far as moving with no issues, but we are watching carefully. as you have pointed out already, we know the chinese government wil

disney's new ceo. until yesterday he was chairman of disney's parks division. >> question is what he's going to do nexty for us stephen colbert was up with instant reaction to the debate. >> 7 candidates, two moderates, two hours and one powerful message for america. it's going to be tough to fit on a bumper sticker after a question about the cost of bernie's medicare for all program things got a little shouty. >> i think we were talking about math and it doesn't take two hours to do the math. >> let's talk about math. >> let's talk about math baby. let's talk about health for free. let's tax the 1% and bring an end to poverty. let's talk about math. >> "early start" continues right now. >>> a revitalized field of democrats putting the pressure on bernie sanders. did they do anything to slow him down ahead of super tuesday? >>> and it's not if, it is when. the cdc says coronavirus will spread in the united states. the president appears to be downplaying the facts on the health crisis in an election year. >>> welcome to our viewers in the united states and around the world. this is early ear"early start

disney, as a comparison. disney plus subscribers better than anticipated. espn plus subscribers a lot smaller. hulu subscribers as well. if you were to look at disney as a streaming company, it is not a self-sustaining business, it is a lossmaking business. peter.: still with us, of two earnings here completely different businesses, but it does seem to reflect a broader trend. the bifurcation is represented perfectly. when you look at the company ,ike an auto company like ford more and more they are reliant on consumers access to credit. one of the things i am really concerned about, lending standards are starting to tighten. today, theyme out have been tightening in fender -- in commercial real estate. loan standards for the consumer are important. demand for loans in autos in particular has been weakening. companies, that is a preference to entertainment and experiences. you would rather not own a house or drive a fancy car but what one half an -- but what want to have an experience at a theme park, for example. the talking about importance of the consumer, it does kind of come back to that question. >> that is what we have been saying for the pa

help me out, disney, how important that they beat, what kind of guidance should we look for? >> disney is a tough call. as jackie mentioned all eyes on disneythe gate 10 million. disney set a target of 60 to 90 million total subscribers by 2024. getting 20, 25 million now they're way ahead of game. i am hearing those numbers. 20, 25 is the whisper if you will of disney plus. what folks will want to see, what is the guidance? they had to shutter the shanghai disneyland if you will and also theaters in the region also closing. how much will that weigh on future guidance? i think disney is rolling here. looks good. the valuation is a little high at 27 times earnings sort of making me nervous. their brand portfolio makes me hold on to the stock. i'm sticking with this one. i think guidance will be good. china is a drag but not as much of a drag. charles: i want to ask you about chipotle. it was a cult stock for sure. then they had a lot of problems. people kind of forgot about it. it was one of best performers last year. i think number four or five for the entire year. it is on fire again this year. how do you see this going? >> this is a tough

disney will help. we reported disney ordered it to pay a $250 fee because the school showed "the lion king" for a pta fund-raiser and charged people an optional $15 entrance fee. that's a no-no. disney told the school to pay up. it was for a fund-raiser. the disney ceo says don't worry about it. bob iger tweeted, our company apologized to emerson elementary school pta and i will personally donate to their fundrai-raising initiative. >> coming to its senses. good job. >>> i have good weather coming our way as we move into tomorrow's forecast. mostly clear. 60 in san jose. who reaches into the 70s and the weather change this weekend you'll want to watch out for. >>> some diy drama and cable channel, no, the real stuff. mysterious. $770 charge raising questions and causes confusion. i'm chris chmura, nbc bay area responds next. tom steyer: listen, every democrat running for president is better than the criminal in the white house. we all have progressive plans to address the big challenges facing our country. what makes me different, is i've been working for ten years outside of washington, to end the corporate takeover of our democracy, and to return power to the american people. i st

disney. i'm looking for disney plus to give us another big earnings announcement here. looking to buy a call spread on disneypreciate your being with us tonight. that does it for "options action." we'll be back next friday at 5:30 p.m meantime back to london. the last 20 seconds of the uk in the european union "mad money" starts right now - [announcer] the following program is a paid advertisement for the nuwave brio digital air fryer, sponsored by nuwave. live well for less. we all love fried foods, (crunching) but yuck! (sizzling) that means scoops of grease, blobs of butter, or gallons of oil, just to fry. this adds up to a lot of unhealthy fat in your diet, year after year. stop! (slamming) now, you can cut out all the added fat, and still keep all the flavor with the new brio digital air fryer by nuwave, the world's first digital air fryer with flavor infusion technology. coming up next, you'll see how brio's compact design makes mountains of crispy wings

disney. we love disney. you know, maybe it's a way for disney to show their love for the kids. >>now the pta president says they will of course pay that license fee. he says they're not upset at disney, even they're calling this a teaching moment for students about being responsible for correcting something they do wrong. >>for your money this morning billions will be spent on valentine's day for pets and macy's is closing. >>it's a headquarters and a lot of stores. jane king is live at the nasdaq with those stories and more i jane. >>yesterday a huge announcement from macy's yesterday so it's laying off or relocating hundreds of workers with this decision to shutter its technology office in san francisco's is part of a major reorganization by the company. it will close that office of folsom street relocate the digital operations to either new york city where lanta macy's will also close a 125 stores and leave the also it's a 5th of its locations. well the wall street journal says the store in antioch is among those to be closed. state has filed the palace that enhanced guess ab

disney reports its quarterly earnings later today and wall street will be following closely since results will include the first official subscriber numbers for its disney plus service. here in the us, disneyvice made its long—awaited debut on november 12. 0ne long—awaited debut on november 12. one day after its lodge, it had signed up over 10 million users, driving a share price to an all—time high. since then, the company has been silent. its quarterly report will be the first opportunity since than for investors to find out if the platform's momentum blustered beyond the initial rush. some are predicting it has wrapped up 25— 30 million subscribers. also it will also be focus on other parts, particularly the impact on the coronavirus's impact on theme parks. disney took the unprecedented move to close both think parks in shanghai and hong kong for the health and safety of customers and staff. disney makes a big chunk of money from those theme parks and that could significantly affect profit. stepping aside, as the ellen was paid 50 million us dollars by a bus are being investigated, the ceo of airasia steps down. she in the company falling by as much as 11% on monday after investigation

disney's expectations. stuart: who's the king of content? >> disney, by far. no one's going to come close to disney. ey will continue to lead content globally for as far as i can see. stuart: better than netflix? susan: netflix started 2007, it took them until 2012 to get 28.6 million subscribers. disney did it in three months. >> netflix is having to create a lot of content. disney has the library. now it's bigger than ever. stuart: okay. okay. >> very powerful. stuart: disney tv. i get it. okay. all right. here we go. it is 9:30 eastern time. it is a wednesday morning. we are going to go up. we are going to take a look at just how much up we got here. right from the get-go, up nearly 1%. 240, 260 points. a sea of green on the left-hand side of the screen because most of the dow stocks have opened in the green, they're up. the dow right now is up .89%. 250 points up. it just takes your breath away with this kind of thing. we've got the s&p 500, the opening there is a plus nearly 1%. the nasdaq composite, the opening there is a plus 1.1%. all time high for the nasdaq. who would have thought it would

disney. we love disney. you know, maybe it's a way for disney to show their love for the kids. >>the berkeley pta president says that they will pay the license fee and not do it again in the future. he says they are not angry with disney. he calls it a teaching moment for the students about being held accountable and responsible for doing something wrong. >>user data helicopter crash in calabasas shocked the world tonight, we're hearing a 911 call from a witness that describes what was happening at the time of the tragedy. >>housing and homelessness continue to be a point of contention contention in california details on the rent control action lawmakers are looking into that has some housing groups voicing their opposition plus police on the peninsula thought they were investigating a home invasion in a normally quiet neighborhood that's when he discover a new world ♪ discover what's good - pantene nutrient blends nyquil severe gives you powerful relief for your worst cold and flu symptoms, on sunday night and every night. nyquil severe. the nightime, sniffling, sneezing, cough

disney, what do they have, we have -- disney, because under some fire because of their disney+ and theylack adult content and programs according to the analyst so they might not add that much about the 28 million subscribers that already signed up in the first three months of the year. but we do have 167 million for netflix worldwide in disney even the content that they have including the star wars and the marble and a lot of attraction for kids, they might get more subscribers. they're predicting 60 - 90000000 by the year 2024, however, they do have to spend a lot of money and a lot more competition coming online this year. stu: disney went up to nearly 150 with disney+ came out. now they're back to 133 and not struggling by any means. >> look at the amount they spent on content, they spent 15 billion last or in disney spent a billion lester in comparison. according to greenfield they both spent two and a half billion by 2024. there's a difference. stu: checked the dow 30, i don't think i'm going to see a whole bunch of green up there because the dow is now up only 60 points. that is n