financial senior commerce, jon steinberg, cnbc contributor. jon fortt and kayla tausche on a day where the markets are in the lead. the volatile sell-off at the get-go after sales disappointed for december. pretty modest quarter out of jpmorgan. meantime tesla and other things at work. but in general we've bounced around the 2,000 level on the s&p and oil we're watching closely which is moderately in the green right now. mike, people either don't want it to believe the retail sales number and if they do they say it points to we have a problem. >> skittish market to begin with. copper prices collapsing overnight. a lot of these big asset markets moving in ways that seem to keep people on their heels. i think the retail story more important than normally the kind of typical monthly retail sales number because coming into the year the new story had to be the u.s. consumer was the strongest element in all the world's economies. if that gets compromised at all, i'm not saying it is undercut right now, but that's why it matters today. >> do you think

jon steinberg, i'll ask you first, a lot of issues in the recent quarter.ease of marco polo to muted response, i should say. fourth coming net neutrality rules. encroachment of amazon. what do you think is going to be the biggest issue for them? >> the subscriber if number amazing how small the miss was last quarter. they delivered 53.1 million active subscribers and guidance was 53.7. a miss of 600 and the stock dropped 25%. that is ultimately as julia said is going to move the stock. most think it will come above. q 4 was a lot of gadgets being bought, connected television to put netflix ahead on subscribers. health terry at goldman sachs thinks they come in ahead. i think that's all that moves the stock tonight. >> that's the question suspect it? particularly? europe, where is streaming on the hierarchy of needs? right. with all the economic turbulence over there are people going to be subscribing to netflix? >> the other thing to look at in europe pay television isn't a widely penetrated thing the way it is in the u.s. having a streaming service makes m

joining us this morning is jon steinberg, ceo of the daily mail north america and slava rubin quo founderindigo go, john forth on his way, all of us with us is kayla tausche. good to see everybody. begin with markets and talk about the fact we're off 200 points and the dow in the red, off triple digits and bob pisani is on the floor to tell us why. >> what's important to put things in perspective. we hit a closing high the 29th, 2090, now at 2031, do the math, two down days essentially, december 31st and today, so the s&p is 2.5, 2.6% off its historic highs. a little revision in the earnings estimates with energy and that's the problem if you look at the sectors today, with oil down below $51, energy to the downside, materials, that's a concern on commodities discretionary and industrials. commodities at four-year lows. big energy, well your usual names, the 2 to 3% decline. that's a little unusual. 4% decline, schlumberger and halliburton down. what's the macro trend? the problem with today the macro trend for the last three months is working again today. so ten-year yields are moving, t

joining us this morning is jon steinberg. jon fortt is back from the west coast.n west coast time he says. >> yes. >> we'll see how energetic he is. >> i'll be congressked out. no i won't this is so exciting. >> ism was disappointing for december. 55.5 is a miss off the estimate of the 5757. big ten names will continue to have access to easy capital but global capital markets look mixed and says facebook's big acquisition of oculus rift will have a bumpy road. and more interesting is what he tweeted early this morning about the coverage that his blog has gotten on our network and business insider. he starts by saying it is annoying that sproezedly serious media outlets like cnbc and apple insider report that it will be a flop. >> analysts have it from 10 to 20 million units in the first year. most of the stuff was indisputable. such as cyber security will explode in 2013 in terms of bunchts. this is the topic everybody was fighting about. the apple watch conflict. it's so controversial. >> saying it's not going to live up the hyper. >> here is where i think he's w

financial senior commerce jon steinberg, cnbc contributor. in the lead. the volatile sell-off at the get-go after sales disappointed for december. pretty modest quarter out of jpmorgan. meantime tesla and other things at work. but in general we've bounced around the 2,000 level on the s&p and oil we're watching closely which is moderately in the green right now. mike, people either don't want it to believe the retail sales number and if they do they say it points to we have a problem. >> skittish market to begin with. copper prices collapsing overnight. a lot of these big asset markets moving in ways that seem to keep

joining us this morning is jon steinberg, ceo of the daily mail north america and slava rubin quo founderh on his way, all of us with us is kayla tausche. good to see everybody. begin with markets and talk about the fact we're off 200 points and the dow in the red, off triple digits and bob pisani is on the floor to tell us

john steinberg, morning to you jon. jon fortt is here. and vested. very nice look.hat a turn around we've seen. working our losses. we're well off the lows here, but oil continues to be problematic. what we're hearing is one of the worst days for crude since about mid 2011. down almost 5%. below 46 briefly for the first time since 2009. golden globes last night and the dominant story continues to be the rise of television. we caught up with the big winner of the night. good morning, julia. >> it was a big night for a. amazon. they are very pleased with winning their first golden globes ever. they became the first online streaming service to win beating out netflix in both categories, both best comedy series and a best actor in a tv comedy. getting a big shoutout from both winners. this is certainly validation for amazon which invested $100 million in original video in the third quarter of last year alone, not to mention all the free advertising the wins are for its $99 a year prime video streaming service. they seemed confident amazon will be able to build on those