josh lipton. >>> i'm joined now by dr. ian lipkin it's great to see you. i know you worked with the chinese government and the w.h.o. during the 2003 sars outbreak and you're under self quarantine now because you got back from china last week. what did you see on the ground you couldn't even get to the epicenter of this, could you >> no, if i had gone to wuhan, it would have been much more difficult to get out i was in guangzhou and beijing but in meetings with people from the national cdc, the guangzhou cdc, scientists from all over the country who i met in guangzhou and beijing. the cities are deserted. all the stores are closed. it's daunting just to go through activities of daily living as you said in the earlier two segments, this has had enormous impact on manufacturing. >> we look most importantly at just how deadly this virus is. so correct me if i'm wrong, it's more transmissible, spreads more quickly than sars did, but it's less deadly. is that right? >> so, it's a -- there are many different ways of looking at it. i'll try to break it down. we h

josh lipton has been listening in, he'll bring you the latest the stock down 4.5%.rnings what can you expect when the company reports in less than 24 hours from now how much did baby yoda add to the bottom line? we're back after this. legendary terrain in telluride, the unparalleled landscape of park city, or the famed peaks of whistler, you've faced the hassle of lugging your gear through the airport. with ship skis, you're just a few clicks away from having your skis, snowboard and luggage shipped from your doorstep to your destination. with unrivaled pricing, real time tracking ship skis delivers, hassle free. ship ahead and go catch those first tracks on fresh snow. ship skis. your skis. delivered. - [narrator] at southern new hampshire university we're committed to making college more accessible by making it more affordable. that's why we're keeping our tuition the same for all online and campus programs through the year 2021. - [woman] i knew snhu was the place for me when i saw how affordable it was. i ran to my husband with my computer and i said, "look we c

josh lipton has more what do we know? >> reporter: so kelly, in total remember apple has 42 stores in china and some of them are back open for business. apple is now saying that one of its seven stores in shanghai will reopen saturday this follows apple's decision to open five stores in beijing. the other stores remain closed for now. estimating 42 stores account for about 10% of greater china revenue in a given quarter importantly, apple's online store does remain open i caught up with gene munster at lou ventures he says isn't a big deal financially but important for nor wrereason showing apple is feeling better. what about before apple suffers a shortage of products apple should have 30 days of finished goods seeing that apple should be ak for now, but really does depend how long production is disrupted, what's the ultimate length and breadth of the outbreak and noted, record highness late january. back to you. >> josh, thank you josh lipton in san francisco >>> coming up, u.s. consumer spent a trillion dollars over ho

josh lipton standing by on 3%. seema modi digging in on trip adviser but we have the hours at mgm. contessa brewer with numbers and a big executive departure. contessa. >> big news from mgm chairman and ceo jim mirren leaving. he has been at the helm since 2012 in fact was mentored by the founder kurt kirk yan and will remain until a successor is found. this comes at a time fraught with uncertainty for the company. the casinos are closed in macao because of coronavirus far east visitors aren't playing bakara in las vegas. leading to 18% drop in table games. the headwinds caused the company to withdraw full-year guidance it's expending massive effort, energy and dollars to secure a bamg license for a new resort. the springfield massachusetts location is struggling and there was a note questions g gm credit and ability to sustain long-term coronavirus disruption and then activist investors keith vester named to the board last year agitating for change here $300 million in big cost cutting initiatives. selling premier properties like the bellagio and mgm grand on the strip. this is th

the company is holding its annual shareholder meeting today and josh lipton is there for us. obviously for a lot of apple investors the coronavirus is front and center. the impact that it's had on apple's business, the way it's affected stores and factories. apple of course withdrawing original revenue guidance for the quarter because of the virus. but today there was not a single question from shear holders about the virus. i caught up with one shareholder, he is simply willing to bet that the ultimate impact of the virus is short-term tim cook did briefly touch on it and say, listen, it is a challenge. the situation in his words is fairly dynamic we know in china 34 of had 42 stores have reopened, but with limited hours. the vote did go as planned the nominees to the board were approved the executive compensation was approved the shareholder proposals were not approved as the board had suggested. >> thank you very much josh lipton in california. let's look at apple and the rest of the tech trade. the only sector of tech in the green, but on pace for its worst week since dec

josh lipton in san francisco. >>> michael bloomberg unveiling his tax plan and it will leliky hike hisersonal tax bill we'll have all the details for you next >>> welcome back, we've got them already, the official viewer vip numbers for the super bowl julia boar sten, how do they look >> fox reporting the super bowl was viewed by 102 viewers across tv and digital this is inclusive of all properties, tv and streaming if for comparison, this compares to last year, the super bowl was viewed by fewer people by 100.7 million viewers. a slightly smaller number. last year we knew that there was the tv audience of 98.2 million viewers. we don't know how many of the 102 people watched on television we're going to be breaking down those results as we get more details from fox and the nfl later in the day it looks like a slight increase from last year >> julia, quickly, you think we'll learn what the break down was, that's the anticipation. >> we do expect to learn what the break down is. if you look at all of the viewing, both tv and digital, fox says that this was the 10th most watched super bo

josh lipton has more on what we are charitably calling the tech reck josh >> ty, big tech taking on the chin here apple microsoft amazon and alphabet lost collectly $464 billion in market cap over the past four trading sessions take apple investors nervous there because china is nervous consumer in market also a vital link in its supply chain. made 90% of its products assembled over there amazon near correction falling below 1 trillion in market cap half of its business is selling own inventory and other half is selling third party products much come from smaller businesses located in china. microsoft, ever core's noticed the company has limited exposure to china any selloff here investors feeling more generally nervous and taking profit after a monster run. course not just the big cap players, the chips also now in correction all down hard from their recent highs. >> josh, we appreciate it. >> josh lipton big selloff over the past two daysnow is mostly related to worries about coronavirus. but look at shares of united health, the worst performer on the dow yesterday down 12% in a week

in activision blizzard ceo bobby kotick for more on this quarters result as well as our very own josh lipton us. >> thanks for having me, josh. >> we should mention, bobby, this week highlights your 30th anniversary as ceo over there, so a long run. i want to dig right into these results though, bobby. you beat on the top and bottom at least initially though, investors seem a bit underwhelmed, were up about 4/10 of a percent what do you tell those investors about these as a result? >> i think they were great results. i think we had a good quarter and if you look at all the metrics that we measure, we think that we've established a great pathway for growth for what is going to be probably if you look at the era of gaming over the last 30 years that i've been the ceo, when i look out over the next decade, i see more opportunity for our company than i've ever seen in the 30 years that i've been doing this. >> let me ask you about that opportunity, bobby let's talk about 2020, the pipeline when you think about your pipeline of games there, what are going to be the big growth drivers this year? d

josh lipton has the number >> eps of 1.89, 1.67, revenue does beat as well. 3.11 billion the street expectedey do reduce the outlook by $100 million, but $3 billion plus or minus 2%, that also beats what the street was looking for. analysts were closer to -- the ceo said they had report data center revenue in the quarter. we are well positioned, he says, for the greatest technology trends we'll be on the conference call that starts at 5:00. >> stock reacting positively after hours. we'll talk to an analyst after this one, but looks like a good quarter. >>> mike santoli, let's get your third dashboor of the day. >> not clear whether they're wants or needs similar to the stock market. we'll get to the discretionary sector continuically we view these in opposition to one another. one is more cyclical, one is more safe. they largely track -- what's interesting is this spur in the consumer discretionary largely amazon in the last couple weeks i think one of the reasons consumer discretionary might be behaving this weigh, which in aggregate are about half of the waiting in the xly it is amazon, 26

nvidia out with earnings tomorrow josh lipton gives us a preview >> here is what we expect from nvidia2.97 billion implying a jump of 35% on the top luna the stock up about 15% this year up 80% the past 12 months. some might think it ran too far too fast especially with macroissues in china and geographic for the company but other analysts say the it's solid gaming better than the street things. >> josh hut lipton giving a preview of nvidia. cisco out earlier. wanted to do what those are doing. a stock left behind the last year in this tech run, cisco shares i thought i saw them down they are down about 2.75%. >> patch and go out tomorrow i'll follow that to see whether the record rally dow s&p and nasdaq another strong weak after last week. >> all right "fast money" begins now. >>> yes, it does live from the nasdaq market site over looking times square this is "fast money. i'm brian sullivan welcome, everybody your traders tonight are tim seymour. karen finerman, dan nathan and guy adami. tonight on fast, the juggernaut rally steam real rolls on. new highs for stocks, the dow a new re

josh lipton has more >> delivering a mixed report eps of $15.35 versus expectations of $12.53 the topght $46.08 billion versus forecast of $46.94 billion. a quick call with reporters was asked about that top line risk and reasons for that challenges maybe investors and analysts didn't see coming she said, listen, they are happy with the growth and pleased with the cloud momentum she did note that hardware sold well over the holidays but was prepared for a stronger report and tough comps there. news in this report, they did make disclosures they broke out the search business 17% there. very strong, she said rate of growth she broke out youtube ad revenues and their cloud business in 2019 telling reporters that ended with $10 billion annualized run rate and broke down cloud revenue for the quarter. their rivals in the cloud, amazon and microsoft they do not break out azure revenue but think they did about $4.8 billion we talk total costs and expenses where are they spending money. they continue to invest in long-term opportunities. we know one of those is cloud computing, hiring sales p

let's bring in josh lipton with specifically the details on coronavirus and apple. josh >> so, brian, china remember is a key link in apple supply chain. there's a fox cuss cus on foxcon reportedly the factory is back open for business. apparently 10% of workers are still back this plant is described as the most critical iphone production site it's located only a couple hundred miles from the epicenter of the outbreak. reuters says another foxconn plant in shenzhen is coming back online remember apple operates 42 stores there the company has extended store closures, and apple says its online store does remain open. the situation remains fluid, which is exactly why apple issued wider than expected q2 guidance. >> josh, thank you. >>> farce it relates to the supply chain and stock performance on apple, is there anything that investors should be wary of or should you just assume it's going to make up for lost opportunity. >> i do think it will come back, but i think the near-term impact, i have to question, what investors, how they're going to react not just to apple,

let's get to josh lipton with more. >> hp reporting eps of 65 cents versus expectations. revenue of 14.62 billion, it was looking for 14.59 billion. q4 forecast is a bit light the street was looking for 54 cents. they do raise guidance, looking for between 233 and 243. i did have a chance to speak with management, and we talked about the q2 forecast that is lighter than the street's expectations the company's cfo pinning it squarely on the coronavirus outbreak, saying in q2, that outbreak will impact revenue, eps and free cash flow the impact he thinking will be temporary, acknowledges it's a dynamic situation. he thinking it's temporary, because he sees progress in manufacturing in china analysts do estimate about 70% of the company's manufacturing labor force is in china. in fact, of course, they were also confident enough to raise that full-year guidance. also a chat with management about the xerox takeover offer, hb today announcing a in capital return program targeting $16 billion in capital return over the next three years hp's ceo telling cnbc that it undervalues h

go to josh lipton in a moment.nd headlines dominated with the coronavirus. >> generally better than expected better than feared a lot of people thought the first quarter would be soft. some of the more cyclical names had bdone better. banks had done okay. noul wee see the people who haven't reported yet, the impact on the full year. >> dive into the alphabet numbers. josh has numbers. >> alphabet reporting epss $15.30 expectations $12.53. b on the buy line. top line comes in light. 46.08 billion. street closer to 46.94 billion breaking out metrics, too. youtube ads breaking out for the quarter. 4.7 billion dollars. going the properties 31.9 billion. google advertising this number 37.9 billion google cloud breaking that out as well here saying 2.6 billion in the quarter for google cloud obviously a big focus of attention for executives there google to other bets comes in at 172, and total tech, 8.5 billion. guys, back to you. >> josh, just in terms of breaking out cloud and youtube ads. seems they're given a lot mor

. >>> but first the salesforce earnings are out josh lipton? >> wilf, another executive shuffle to tell you about. keith block is stepping down as co-ceo over at salesforce. he will remain an adviser to the ceo, but that means mark benoff is chair and sole ceo. keith block saying he's ready for his next chapter, and mark ben ioff saying he's grateful for mark's service to the company. we spoke to be ♪ ioff about this back in augus 2018, and what he told us at the time, was to divide-and-conquer responsibiliti responsibilities on to the results, 66 cents, the streets was looking for 56 cents. q1 looking for between 70 and 17 they're raising guidance to now between 4.875, and also raising that guidian to 21 and 21.1 billion. recently the story has the acquisitions they've been making, buying a company called velocity i'm sure analysts will have a lot of questions about that, as well as the changes in the c-suite. that call starts at 5:00 p.m. eastern. >> any reason why? keith block stepping aside and benioff consolidating the role again? >> no, k

and josh lipton is all over nvidia. >> josh. >> brian, nvidia surge something after hours. top and bottom guidance for q1. taking the guide down by 100 million to account for the potential impact of the corona viruss but about $3 billion that beats what the street was looking for. talking about the segment, gaming segment at 1.5 million. in lain with forecasts but the big number here was the data center number, better than expected investors of course focused on that sentiment because the chips kaerp higher margins i checked with rbc's mitch steeves. i wanted his take on the quarter. he covers the company has a high price target at 301. he notes the data center number it crushed in his words expectations at 968 million. notes the gross margins improved to 65.4% nothing in this report, he argues, not to like for investors. the call starts at 5:30 eastern and we'll be on it. >> josh, thank you very much investors like it, tim. >> the thing about in stock is they'd liked it into the number. up 15%% year to date relative to itself the stock is cheap. i'm not tie going to cheap

for that, josh lipton joins us josh >> so, kelly, fang falling hard here facebook, amazon, apple andix and alphabet collectively lost about 628 billion in market cap from their recent highs and just to put the number in perspective, more than walmart and mastercard come booned apple, alphabet, amazon and facebook in correction netflix the tenth best performing stock this week down 4%. analysts saying an obvious beneficiary if consumers stay home due to virus concerns back to you. >> josh, we appreciate it. tech has gotten pretty beaten up my next guest said he is tempted to buy paul meeks is a portfolio manager at independent solutions wealth management. welcome and what looks most tantalizing to you right now >> now sh josh just teased into the fangs. actually, among the fangs the only one i'm incrementally bullish on is amazon i have some more fundamental issues even pre-coronavirus in some of the others i think within the payment processers which a lot of people don't know but they're very large exposures in the tech indexes. mastercard and visa. mastercard did have a negative ann

lets get to josh lipton at samsung's unpacked event in san francisco. device. it's bringing us back to the motor ola raze >> saw a lot of new hardware and phones but the star of the show, you are correct, the folding phone i'm showing it to you guys this is the galaxy z. flip what you are looking at is a 4.2 inches device with a 6.7 inch glass dpla a lot of dpla in the small form factor release date february 14th the price $1380. now the question becomes how excited are consumers about that phone? are they excited enough to spend $1400 snp because the developers have to aspen the time and money to create the cool compelling experiences for the product. another question, samsung how much marketing dollars do they put behind the product wasn't the folding phone only. they came up with three versions of the s-20 line pup 5g enabled, new camera system, secure processer, faster charger starting at 1,000, 1200 and $1,400 and samsung dominates in submarine industry but facing pressure from huawei seeing the market share climb in 2019 and other chinese vendors

>> samsung showing off an updated version of its galaxy fold a phone with a foldable screen and josh lipton has the details for us >> i am here at their big show in san francisco and they just unveiled the star of the show, the new folding phone so that is the gal xy z flip. it's a 4.2 inch device with a 6.7 inch display so more screen in a smaller form factor the starting price here is $1,380 the release date is february 14th available from at&t, sprint, best buy and of course samsung the colors available here in the u.s. mirror, purple and mirror black. the questions here is are consumers going to be excite d about this device. also developers have to be enthusiastic enough to put their money and time into now creating the product. what kind of dollars will samsung put behind the product i caught one patrick moorhead. he believes in this folding phone, the design and the form factor he thinks to push the smart phone industry forward he says initially, samsung's going to have competition from rivals like motorola, but he believes that other rivals like apple are going to have to unveil a f

today taking a look at the chip stocks our josh lipton is out west and has a look at some of the namesorning, josh >> reporter: heading into this report nvidia remember had already rallied more than 100% since the june, 2019 lows. this morning it's headed still higher surging after surpassing the street's expectations, beating on the top and the bottom importantly, the company also reported data center segment revenue of $968 million. that was a jump of 43%, much stronger than expected investors focused on that segment because data center chips carry higher margins gaming sales, meanwhile, climbing 56% to 1.49 billion as for the outlook revenue will be 3 billion plus or minus 2% in the fiscal first quarter that includes a $100 million impact from the coronavirus. that forecast beating the streets estimates as well. this report coming as investors have piled into the chips, the smh, etf that tracks the semis just hit a new intraday all time high this morning. now it's still on track for the best week since june, 2019 it has rallied nearly 50% in the past 12 months susquehanna says there

josh lipton joins us live at the event in cupertino with the latest josh >> we are live here at the appleeadquarters in cupertino. the nominees to apple's board, there was seven of them, they are approved james bell, tim cook, al gore, andrea joan, rod sugar and sue executive compensation approved and shareholder proposals not approved as the board recommended. tim cook taking the stage. questions he yields from shareholders, does he get any more color or insight about the coronavirus outbreak how it's impacting stores and factories. we do know those stores in mainland china are gradually coming back online, 29 of the 32 back open with the limited hours. big question when those factories in china, when do they reopen at full capacity? enormous implications, obviously, for iphone production in a way investors are excited about, like the low-cost iphone and 5g iphone. we'll see if tim cook gets into any of that. if he does, of course, we'll bring you those headlines. back to you. >> apple was on my list. >> right. >> of correction collection stocks down 10%. stocks up 295. >> look, i think

josh lipton has more >> tyler, it's a very fluid situation.what tim cook told me when he we last spoke about the outbreak in china and why he offered investors and why there's unusual -- in the current quarter. two broad reasons. one, because iphone supply will be temporarily con trastrained many pha a silties in china are -- roeping, but more slowly and two, demand within china is weaker than expected just seven of their 42 stores have reopened and even those with limited hours i caught up with jean monunster and he's betting that it shifts from the march quarter to future quarters but what's the timeline? that's uncertain as we see what the length of this outbreak will be investors also watching the chip makers its chips help the iphone c conserve power >> thank you our next guest lowering his price target on apple to $375 as uncertainty around the coronavirus continues to spawn the outlook. he says it's not the only tech company at risk. you still have a buy rating on apple. why no longer term concerns here >> sure, so basically, when you t

. >> thank you, josh lipton, from innovation headquarters at one market in san francisco.eanti meantime, for a second straight day the number of confirmed cases of coronavirus is rising chinese authorities reporting more than 5,000 new cases and 120 more deaths. the death toll stands at over 1,400 after being lowered supposedly due to double counting in the province joining us now to break down that impact, director of m.i.t.'s supply chain management program and author of "the power of resilience: how the best companies manage the unexpected." thank you for being with us. so talk about the unexpected i'm not even sure what you do from where you sit, from where the business is, and suppl chains, what you do with these shifting numbers how is that factoring into the way business is going? >> first of all, let's understand this disruption to business may be different than most disruptions in living memory it's not like sars or fukushima or thailand in that the effect may be relatively small but the uncertainty is huge. so it can be reasonable like those or it can be compared

back to you guys >> josh lipton thank you very much all right. so we know the stock fell. but lets be clear. apple is still up nearly 9% this year coronavirus has been going on the better part of a month do you take any comfort or solace in the way it traded. >> you have to if you said to me what's apple going to do on tuesday with the news i would say down 5.5, 6%. broader market down. here we are stock not even down 2% maybe you say the supplier gets whacked. could have beeno downtown 2% sky works almost 50% of the revenue from apple down 1.5 or 2% these are minor moves given the huge run the stocks had but the broader market you have to be encouraged. quickly i'll say this. i still think 280 is a level that apple needs to revisit given what's going on in the world and the potential for the selloff in the broader market. but just today you have to be very encouraged by the price. >> bad news good price action. it's the trader saw. that's when you want to buy. if you have aggressive trader buy apple today, use the low as the stopout point. if you're not aggressive wait fo

josh lipton is in san francisco to lay out what's next for the tech giant. >> so china is a key link in apple's supply chain and investors are focused on foxconn specifically and for good reason it is the largest manufacturer of apple devices its factory is reportedly back open for business. only 10% of workers are apparently back. still that is important because this plant is described as the most critical iphone production site it's located about 300 miles from the epicenter of the outbreak in wuhan, and reuters now says that another foxconn plant in shenzhen is coming back online, too. set to resume partial production but will apple be able to make enough phones given the challenges to meet demand. some analysts think the company abo will ship 10% fewer phones in q1 could this disrupt plans of that low-cost phone expected next month. >>> china is also a key consumer market for the company apple operates 42 stores there the company has extended store closures they say the online store remains open the situation is very fluid. that's why apple issued that wide and expected q2 guidan

josh lipton has more in san francisco. >> what mfrts is saying is that it won't meet quarterly guidance for the more personal computing segment, which includes windows and surface accounted about 36% of revenue in fiscal q2. the company says the problem is not demand, but the supply chain which is returning to normal operations slower than anticipated. the rest of the business does appear to remain on track for now. this news might not come as a complete shock for investors remember what hp told us this week, that the outbreak would impact results, and the cfo told me the impact he thinks would be temporary. then of course there was apple's recent comments on its supply chain as well. 90% of its products are assembled in china apple in the red, as well as some of the suppliers. back to you. >> josh, thank you >>> what do you do with some of these names, stephanie >> it's still up 3% on the year and 92% of the sale side has buys it's a very-owned name and very well liked and for good reason they've done a great job transitioning into the cloud a company that had good results last quarter

josh lipton has the details. >> some important news remember the company had temporarily closed officess in china until february 9th, on what it called at the time an abundance of caution because of the coronavirus after consulting, apple says, we are working towards reopening or corporate offices, and the week of february 10th, and we are making preparation to reopen our retile stores. remember apple has worked hard to build out a network of stores china. it has 42 of them over there, and they thought closing for a brief period wouldn't have a material impact. they want the online store remained open, but we have to see what investors making of this news now, now with this news statement, no hard timeline of when they will reopen apple does not break out how much revenue that accounts for, but they believe the stores generate probably around 10% of greater china revenue, so not an insignificant amount here, guys. >> josh, thank you very much >>> meantime, fedex that stock gaining ground as well frank? >> surging right around 5% after announcing it would use its drowned division to maxi

unpacked event in san francisco where it unveiled several new products, including a new foldable phone josh liptonre at samsung's big show in san francisco the star of the show today was this the new folding phone. called the galaxy z. flip. a 4.2 inch device with a 6.7 inch glass display a small form factor and starts at $1,380. the release date is february 14th available from at&t, sprint, best buy and samsung two colors, mirror purple and miles an hour are black. tech analysts are excited about the form factor and design they think it could find interest from consumers. not to say they think there is immediate attraction with the mass market adapgs at first early adapt esper people wanting latest and greatest but they think it could impact the smartphone focus and will competition at first going head to head with other companies. but other big smartphone vendors will have to hop in if they want to stay competitive, guys. >> we're asking you, josh where the apple samsung match is right now? who is winning share >> well, listen, in terms of market share samsung is dominant look being at 2019 they

josh lipton has a look at what products could be most hit josh. >> wilf, take the iphone it accounted now saying that iphone supply will be temporarily constrained. that means it's likely consumers when ordering online might have to wait longer until their new phones arrive. and the biggest risk is if china doesn't get back on its feet that apple runs out of supply. they say that is a low risk. reportedly the low-cost iphone still launches next month. that's important it's estimated they could sell as many as 30 million of those phones this year or about 15% of total units. wearables accounted for an estimated 8% of revenue in q1. even before the outbreak apple was supply constrained on the air pods and finally some analysts think services could get a boost as more chinese consumers stay home and download apps for entertainment. back to you. >> josh, how much supply disruption or how long could this last before we would see, for instance, apple have to delay getting new products out >> so you do have to count on analysts, the near rough math on this morgan stanley, she was telling tha

josh lipton is in cupertino with more >> at the shareholder meeting tim cook did address the coronavirus challenge and said it does remain dynamic. we know apple has opened 34 of 42 of its stores, but with limited hours. the stock is up nearly 70% over the last few months and up 10% from the recent high the vote went as planned back to you. >> josh, thank you so much for that other josh here with us, apple clearly has held onto some of its bounce in gains. it had quite a hefty tumble. >> i just feel that we're still in the phase where we're asking ourselves for how long will this crimp sales of certain products and are certain products more likely to be purchased anyway, even if it's on a delay. i would argue if you don't get an iphone because the stores were closed, two weeks later you go get one or you order one online so i still believe that's the case and then also keep in mind how big services are for the apple story in revenue, in earnings and also for the growth picture. arguably services are on subscription basis and they're not going to be canceled because there are quarantines

and it's expected to unveil the newest flagship device creating renewed competition with apple josh lipton francisco good morning. >> so becky, it's that time of the year samsung's big show in san francisco. here's what we expect. new phones, specifically the new galaxy s-20 line-up. three versions thought to be coming with 5-g support, updated cameras and processors also the new folding phone samsung still does reign supreme controlling 22% of the market according to research firm idc but it is facing increasing pressure from rivals like huawei we'll also see an up grated versions of samsung's new wireless ear buds. it has a broader manufacturing footprint but importantly like so many other tech companies it's got components from china too. back to you. >> thank you so very much for that meantime -- >> this is pretty interesting. >> it's a fascinating document. >> the guy writes about how both sides get their policy experts and line-up and it's hard to tell who is telling the truth and it gets down to competing crystal balls and it's pretty interesting reading. i don't have anything new b