with nicholas carlson, the chief correspondent at business insider. following the story closely as well. he joins us from our san francisco bureau. you wrote the book. what is your take away on miss meyer? >> she entered a very challenging situation. the last third of the book is what does she do with this air cover she got? situation turnaround ceos never get. for about two years, people were not going to pay attention to the core of yahoo!'s business. >> do we need to give jerry yang more credit? >> we certainly need to give jerry yang and joe thigh at alibaba who orchestrated the whole thing. >> if you do a back of the envelope calculation what would you say the core of yahoo! is worth if you strip out ali baba? >> nothing. >> are looking at negatives or just at zero? >> dan rosen is the guy who did this deal for alibaba that is created this tax problem. with a market cap of $46 billion in asian holdings at $40 billion , the core of yahoo! has a -$14 billion valuation. the market is figuring out that there will be a tax bill of more than $14 billio

nicholas carlson is here from business insider. welcome back. tausche has had a long day already. cnbc market analyst kenny polcari is here and also with us for more on today's market action and the earnings out shortly, "fast money" trader guy adami. welcome. and with ross gerber from gerber kawasaki. do you think apple is going to blow it out? >> apple will have a huge number today. who knows how many phones they sold in china and i'm really excited because they've taken so much share from samsung. so like last earnings they did very well. i expect more too, also from the mac. the mac i think sold very well in the quarterback. so . >> just because we're going to need them to deliver if you want the tech sector to turn around. it was the worst performer today because of microsoft and some others. speaking of earnings, the parade is getting under way as you can see. amgen earnings are out. the biotech giant results now with our meg terrell. >> looking at amgen fourth quarter, a bit of a beat here on adjusted earnings and revenue. eps at $2.16 ve

joining me is nicholas carlson. we have kevin o'leary, also joining us our very own robert frank.for more on today's market action and the move in the swiss franc also "fast money" trader brian kelly. brian, welcome to you. are you surprised we finished out as strong as we did this week? >> i'm surprised at how strong we were today absolutely. i don't think we've probably seen everything that's come out of this swiss franc action. we know when currency prices break, other things break. i think there's more to come. i was surprised how strong it was today. i guess if i had to blame it on something, i'd blame it on options expiration and perhaps people just letting the dust settle and make some short covering. >> that's what we heard from art cashin. he thinks there's more chips to fall. >> there are so many macro forces. we heard going into this year this was going to be a stock pickers' market. it's a central bank pickers' market. there's so many forces you just got to choose which narrative to pick. my question is why isn't all of this stimulative? from my perspective, everything