the peloton of shopping and the peloton of this, and that's one of the things that we talked about on the show is that this doesn't have to end with bad news. it ends with an excess of supply wall street has gone out of its way to produce enough buyable and tradable stories so that peloton's just not that unique anymore as a growth story. that's one of the issues that we have right now there was a 72-hour period earlier this month where we did 150 new spac issues. ridiculous it makes no sense. that's part of the problem for these high-growths, high-multiple vanity stocks is that there are too many to choose from and they can't all be worth what they once were i don't think that's a consideration. i don't think that means necessarily terrible news for the kathy wood stocks or whatever i just think it's something people should be aware of and we have a lot of supply in addition to insider selling >> let me get through a few other interesting moves before we take a break. c kari, you bought zoetis had an amazing year last year because it was a beneficiary of all of the people that bought

foley of peloton.isco this morning awfully close to a 52-week high. talking about improved demand for security, tech transitions like 5g, price target 54 we're back in a moment t-mobile is now america's largest and fastest 5g network. and to celebrate, we want everyone to unleash 5g speeds in more places. right now, every current and new customers can get a free samsung galaxy s21 5g. just bring in a qualifying device to trade. switch to t-mobile and save up to 20% every month vs. the other guys. the leader in 5g coverage. the fastest 5g speeds. the best value in wireless. and a free galaxy s21 for everyone. only at t-mobile. >>> one beneficiary of the robinhood raid is square that's according to the migration over to square's alternative is what's driving this week's surge in the stock you can see shares are flat today, but they are up this week don't go anywhere. we're back in two minutes. ♪♪ hey you, yeah you. i opened a sofi money account and it was the first time that i realized i could be earning

so i've got a whole entire thesis on peloton, but people are really thinking about peloton as a fitness company, right? this equipment company i'm thinking of it as a streaming company, and you think about streaming we think about net fluks netflix and disney + and when you look at those numbers compared to what peloton's been able to do in the past year it has surpassed those numbers and those companies that have been around for much longer i was in a peloton class on sunday with 60,000 people. so i'm looking at things from a different perspective with peloton. it did take a dip because it is having issues with meeting the demand the demand, right, of bike, but it also has this app that has nothing to do with the bike, right? you can take all sorts of classes and i'm really, really bullish on peloton and i use that as an opportunity to buy, and zillo, the ceo was on earlier. and i -- i cannot say the word today, it's the digitization of home buying which is so crazy because it is very hard to buy a house. it's not an easy process, but they want to make it a one-click process and whethe

off peloton's call diana. >> melissa, peloton is showing incredibly strong sales but getting hammeredain issues, delays, getting the bikes and threads shipped and delivered and that's likely what's hitting shares in the after hours, now down about 8% peloton beat handily it under its revenue guidance. increasing 134% year over year digital subscriptions up to meet that demand with all the covid-related delays, it's costing peloton millions >> we are investing over $100 million in expeditesed shipping to reduce the wait times for our products this expense will include air shipments, expedited ocean freight and incremental costs to get containers to other ports that are less congested. >> now, that's hitting gross mooreiness now forecast to be 35% in q3 versus estimates of 41% and also lower than dwrvegs 2's, 39 poip 9% acquisition of precore gave it domestic manufacturing that's expected to help some. >> shares are down almost 8% karen, how should we think about it that means it's getting lower margin on those uns that it is pulling forward. so you won't ever sort of get that back. >>

>> first of all, we love peloton.e been a great partner to them as well. our business outside peloton accelerated, grew 40% faster in the non-peloton portfolio part of our business in the prior quarter. and so i think that's good news for affirm that says, i think, jon, literally chuckled when someone asked about the earnings call, consumer demand slowing down well, it is a result of incredible demand and as a partner we see that. my sense is everything is going to be probably fine in that partnership for us we're very happy with heavily investing in all the other partners that we have. >> now we like to remember origin stories and you and elon musk were both at paypal early on you're one of the kind of godfathers of fintech because of that now elon musk at tesla recently began building up this hoard of bitcoin because he wants to be able to transact, let people buy teslas with bitcoin. right now affirm is not accepting bitcoin as a method of repayment, i believe what's your take on the role of bitcoin in this fintech

peloton has been terrific. it is heavily shorted. 46 46 market cap but in the end do i want to own peloton? david, i think i want to own a company that does incredibly well when we open up and i'm not quite sure whether peloton is going to do as well as some of the companies that are actually in the mall, which i know are the, the malls haven, but they could actually still go higher >> but not gamestop. gamestop is in the mall but it's not going higher or is it >> no, but activision blizzard shows you why it doesn't activision blizzard, a tour de force, and candy crush incredibly popular, raising the dividend, does he mention gamestop, no you know why you don't get your stuff from gamestop and i don't know how much time you spend in call of duty or the world of war craft but candy, and my wife plays candy every night, particularly when i'm trying to talk to her about anything seriously, and any time there is a scary move, she takes out candy. i can't multitask that, when i watch a scary movie, i watch a scary m

. >>> peloton forking over a ton >>> peloton forking over a ton of cash to speed up delivery, and that'shat topping's cnbc's "on the money. the ceo john foley says the company will spend $100 million to improve its shipping operations they're also doubling the number of customer service reps peloton getting hammered on social media by customers who say they've been waiting for months for their new fitness equipment. demand for the pricey at-home bikes at an all-time high because of the pandemic. >>> working from home doesn't always have its perks. americans are punching in remotely, working longer hours than before the pandemic nord to vpn looked at data for more than 10,000 companies and reports that employees are working on average an extra two and a half hours a day the same holds true in the united kingdom, austria, and canada. >>> and sunday's big game is going to be super cheesy according to the dairy farmers of wisconsin, americans will eat more than 20 million pounds of cheese during the super bowl they say it's enough to turn every nfl field into a giant cheese board >>> on wall

you have peloton growing peloton introduced -- lowered the cost of their original bike and are introducingness which has access to a huge user base then you have the question whether the economy opens up again and people aren't cooped up at home whether they're going to want to return to gyms and maybe not spend as much on at-home fitness. how do you see those competitive forces potentially limiting your growth >> that's a great question we focus on serving consumers. we entered this marketplace, we've been in it for over 22 years. we're in a position of strength. 2.6 million subscribers and growing. makes us the largest subscription, i think, fitness subscription model out there and we're not afraid of competition and embrace it competition makes us all better. it grows the marketplace it is a fragmented marketplace i think there's room for mergers and acquisitions to happen in the future we have a war chest to do that we brought in over $400 million of fresh capital to use much more aggressive into the subscription space and with the world class capabilities that we have to grow subscrib

peloton is building up a huge base of exercise machines to produce revenues for years to come for theital subscriptions. with clorox, they are selling for wipes and hand sanitizer there is no real reoccurring component from software. while the stocks come down from the highs, it's still up $30 from where it was before the pandemic in short, clorox and peloton are intriguing exercises and crowd psychology but since we don't know which way the crowd will jump, they're also battle ground stocks i say stay away from the battle grounds. there are much easier ways to make money i like to say there is always a bull market somewhere and i promise to find it here for you on "mad money. i'm jim cramer see you monday th the news with shepard smith starts now >>> should the former president get intelligence briefings president biden just said no. >>> and at last signs covid disaster relief is coming. i'm shepard smith. this is the news on cnbc vice president harris's first tie breaking vote in the senate. it clears the path for covid relief as president biden vows to keep a promise. >> i'm not cu

peloton down investors are now turning their attention to tomorrow's january jobs report.expecting pay roles to rice by 50,000 following the logs of 40,000 jobs unemployment raid is expected to hold steady at 6.7%. the loss that we saw in december, which was bad news, just this market is looking towards the future and the future, at least what we're getting from companies on earnings is pretty solid >> it is pretty solid. it's a question of how much you want to pay for it snap's an $80 billion company now. pintrest, 2025 times forward sales. i think that's a big question as opposed to is the jobs number going to get better because it is going to get better >> s&p is up 4% now for the week that does it for "closing bell." "fast money" starts right now. >> i'm melissa lee and this is "fast money. tonight on "fast," buckle up apple is driving into the carr market one of our traders says not so fast why it may be time to pump the brakes in order, nap and peloton all three stocks on the move on earnings later, no joke we'll tell you what sent cryptocurrency to the moon today. g

the president tries a peloton bike for exercise, the bike equipped with a big android tablet completeh a camera and microphone was deemed a white house security risk but those risks don't stop at pennsylvania avenue we teachable class and how to how to do this our university doctor him, but the lee is a cyber security expert at the university of new haven welcome this is a five-minute want to write he says it is possible for hackers to access the camera and microphone on exercise equipment like a pallet but he says there are bigger dangers like hacking heart monitors to make you think you're having a heart problem or worse if you're running on a treadmill and somebody is capable of stopping that treadmill while you're running really fast. >>now you can physically harm an individual so these bikes are hackable from the outside, but it turns out hacking is a 2 way street. >>a growing number of home users are hacking their own bikes and they get it on for about 6 times in this little corner here this is one of a bunch of youtube videos that shows home users how to have their own peloton

apple launched apple fitness, peloton has 5000 on-demand classes after a few years, what can you pull and what are you pulling from you disney+ experience to scale up beach body million subs. >> that's a great question, were bringing in a quarter of $9 million oppressed capital and i've had this capital to market brand and to do performance market and the other thing is beach body has already proven over the last five years and from the infomercial companies that are being really at the cutting edge for consumer companies they had to do this performance marketing and get subs, we have a big warchest to go after and hand the marketing, drive the subscriber base in the real id that is seemed like i had a disney catalog and premium into the property that is highly evaluated in t90x is a great thing, that was developed 15 years ago we have the ip, we have programs and now we can drive to start. liz: this is no new be on the street, karl, you are the guy that got cut from his high school basketball team on the first day this is got to be amazing for you. you're already having a wild year t

there is a big connected fitness boom, peloton said thursday its number of paying scrub scribers moreipped about 6%. there was an issue with higher calls for expedited shipping, but one of the issues is the revenue surprises, those surprises are getting smaller and smaller. and the stock's pricey, right in they point out that the company recently had a market value of 22% of the value of netflix. they're only 3% of the paying -- 1% of the paying subscribers of netflix. i spoke recently with the ceo and cofounder of a company called icon health and fitness, and he said they're up to a million paying subscribers on their i-fit connected platforms. they are rumored to be, you know, going public at some point in the future. he didn't want to comment on that, but you have to consider if and when that happens, it becomes competition for peloton for the affection of growth stock investors. you can hear that conversation on my podcast. jack: i always get a little nervous when a sector looks so exciting everybody wants to rush in and take their companies public. by the way, jack, i have heard

there is a big connected fitness boom, peloton said thursday its number of paying scrub scribers moren doubled. the stock actually slipped about 6%. there was an issue with higher calls for expedited shipping, but one of the issues is the revenue surprises, those surprises are getting smaller and smaller. and the stock's pricey, right in they point out that the company recently had a market value of 22% of the value of netflix. they're only 3% of the paying -- 1% of the paying subscribers of netflix. i spoke recently with the ceo and cofounder of a company called icon health and fitness, and he said they're up to a million paying subscribers on their i-fit connected platforms. they are rumored to be, you know, going public at some point in the future. he didn't want to comment on that, but you have to consider if and when that happens, it becomes competition for peloton for the affection of growth stock investors. you can hear that conversation on my podcast. jack: i always get a little nervous when a sector looks so exciting everybody wants to rush in and take their companies public.

. >>> peloton is delaying the launch of a new treadmill and will start shipping its orders by air in an effort to clear up some extreme delivery delays. peloton has cut back on marketing and doubled the size of its customer service operations to address what in some cases are months-long wait times that have prompted many customers to rail against the company on social media. demand for peloton bikes continues to surge from people wanting to exercise at home during the pandemic. those are the latest headlines from friday from cnbc. laura and cierra, it's been a while since i've really worked out but the poloton might be the case that would change things up for me if i get one at home. >> it's on my wish list. >> there you have it, tom, go be healthy. love it. thank you. >>> the pandemic is increasing the need for a camp fire favorite. hershey's says demand for aas with an increased number of covid-19 cases. maybe people needed some comfort. hershey's ceo tells cnbc families were likely seeing pleasant activities to take part in during the pandemic. retailers have been wise to the tre

thank you peer now, have a look at peloton.n 6% premarket even though they brought in a record amount of money last quarter. was the problem? susan: they can't build the pikes fast enough to meet the demand so we are looking at the first one billion-dollar sales quarter for peloton. here's the problem, peloton needs to spend more money to reduce the shipping delays in delivery times. they are putting up a launch of a new treadmill because they need to focus on clearing the big backlog of orders they have not been able to fill. i was looking at metrics and turn rates and the changeover, under 1% so that means when to get a peloton you aren't going anywhere else and anecdotally two of our producers bought a few peloton's so they contributed to the bottom line and they love them so i don't think they are going anywhere. stuart: what's this about the turn rate, $2500 or whatever on a peloton, you aren't going to dump it and go to someone else. susan: well, you could, i mean, there are other bikes competing out there. it could be a

that last point, people pulling back on their subscriptions for peloton.ck is getting hit after-hours. the stock is down by 6%. we'll be right back. research shows that people remember commercials with exciting stunts. so to help you remember that liberty mutual customizes your home insurance, here's something you shouldn't try at home... look, liberty mutual customizes home insurance so we only pay for what we need. it's pretty cool. that is cool! grandma! very cool. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ in a recent clinical study, patients using salonpas patch reported reductions in pain severity, using less or a lot less oral pain medicines. and improved quality of life. that's why we recommend salonpas. it's good medicine. at t-mobile, we have a plan built just for customers 55 and up. saving 50% vs. other carriers with 2 unlimited lines for less than $30 each. call 1-800-t-mobile or go to t-mobile.com/55. ...and they found themselves in a magical land. and then what happened? where's our family from? was he my age? so nan

peloton in that same vein. also eating estimates but saying it cannot keep up with surging demand. they warned of a profits flee. investors not liking that. activision had a different story. you saw them beat their expectations. not only in the fourth quarter but the 2021 forecast. tying their strong performance to strong names like call of duty and bonus canty trust -- candy crush. pinterest, strong quarterly sales beating estimates. another boost. we will look at what happened today, the nasdaq hitting a record high after look at this, three days of gains. this will be the fourth straight session in positive territory. outperforming even the s&p 500. emily: but no gains for gamestop. closing at $53 a share today. is the rally over? >> it kind of seems like it. you saw an 80% drop just this week. but this does not mean retail bid is over. it is over potentially just for the stock. you kind of see them shift focus to biotech instead. i want to bring your attention to two stocks cutting retail love. gaining at 33% and 43% respectively, the stocks on your screen. look at them again r

as for president biden, see apparently a peloton guy. "the new york times" reported last year he is a fan. it's unclear if he was able to bring his bike to the white house -- we read this a few months ago, due to a possible cyber securiy risk from the peloton. but great to see the vice president is in great shape. >> absolutely it is. the peloton a security threat is because you can take online classes. so there is outside connection with the peloton. it's a great example to set for the rest of us. i'm sure the secret service maybe with wish for more sedentary vice president. but that's the way it goes. >> it's a great example, actually. great example for everybody. yeah. it's slightly different than ten diet cokes a day. >> to whom are you referring, larry. >> anybody that likes diet coke, dan, anybody. >> president clinton used to like what, big macs? >> he loved mcdonald's. >> yes. good role model for the kids. >> all right. is this you, larry? taylor swift. >> no, it's you, it's you. >> oh, it's me. i get the taylor swift story. it's

share and some -- then a high revenue multiple comp of other disrupted internet companies like a peloton, a fiber what could go wrong, it's regulation that's what -- you look at new york state, governor cuomo was attempting to do a single provider model, which i think would be bad for the industry, rile, and would disrupt up ovation. so it's unfavorable legislate. >> great to have you with us thanks for your time >> thanks for having me. >> let's trade draftkings. steve grassley, you're up. >> yeah. i don't know really how to play this i don't think -- i don't think -- i think to karen's point, the biggest thing for them is that the worst is potentially behind them and only more states are opening up, so i think specifically draftkings is a buy. i'm in bft because that's the one that offers payment solutions to draftkings as well as a host of other companies. >> all right coming up, talenteer stages. don't forget we've got a bonus hour of fast coming up at the top of the hour 6:00 p.m. eastern time back for more "fast money" after this wanna build a gaming business that breaks the intern

peloton in that same vein.lso beating estimates but saying it cannot keep up with the surging demand. they warned of a profits squeeze. investors not liking that. activision had a different story. you saw them beat their expectations. not only in the fourth quarter but the 2021 forecast. tying their strong performance to franchise names like call of duty and bonus candy crush. pinterest, strong quarterly sales also beating estimates. they are setting a strong holiday season. another boost for pinterest shares. the nasdaq 100, hitting a record high. after, look at this, three days of gains. it shows you it is near positive gains. >> but no gains for gamestop. closing at $53 a share today. is the rally over? >> it kind of seems like it. you did see an 80% drop just this week. 83.5% drop to be specific. this does not necessarily mean the retail bid is over. it is over potentially just for this stock. you kind of see them shift focus to biotech instead. i want to bring your attention to two stocks cutting retail --

why peloton is hitting the brakes on new products. diane king hall has those stories and more in today's money watch report. >> reporter: wall street is on pace for its best week since november. thursday, dow rallied 332 points. nasdaq jumped 167. s&p 500 gained 41. all eyes on labor department later this morning when it releases january jobs report. analysts predict about 50,000 jobs were added last month compared to a loss of 140,000 >>> robin od teary cton ing. on uying names like game stop and amc entertainment after a reddit inspired frenzy drove prices sharply higher. this was part of effort to hit back at hedge funds shorting the stocks. robin hood and others involved in the unusual few days on wall street are expected to testify in a few weeks. >>> peloton hitting the brakes on a new product. they're delaying start of a launch of a treadmill by two months and also focusing on speeding up shipping times for its popular bike which have fallen to 12 weeks. they'll spend on air and ocean freight deliveries to the press. for more h

i think it is the exact opposite of peloton.mily: you are doing this with tom stacks, former ceo of disney. do you have day-to-day roles in this? how involved are you? and if it is more advisory, what else do you have your hands in? kevin: the forest road acquisition corp, tom and i have been very involved in it. i'm an advisor and tom is on the board. i will be on the board of beach body when we do the merger. after a regulatory review. i will be very involved with the team. i will be quite involved in beach body itself. we are both very involved. we are doing some other stuff. i have an advisory role with access industries. they have a streaming service called the zone. and some other things too. maybe future announcements to make. emily: you mentioned disney earnings. i am curious where you think disney plus goes from here. what do you think should be next, and what will be next? do you imagine espn, hulu, star international, all getting rolled into one thing like a netflix? kevin: we did the bundle when i launched disney plu

peloton teamed one four artists to create styles.ach designer worked with peloton instructors to create looks. >> all right. styling while you sweat. >> i like it. >> nice little combo there. we will see you again. >>> 5:39 time right now. renovation roadblock. >> next on kpix 5 and streaming on cbsn bay area, the new law that is forcing bay area homeowners to rethink home improvements adding a hefty price tag to repairs. >>> all right. i'm tracking a cold front to push across the bay area bringing increased rain and winds. taking you hour by hour on future cast here we are at 9:00 a.m. still dry but watch as that rain pushes in across the bay area. specially as we head through this afternoon and by this evening. we are looking at the heaviest rain and strongest winds by tonight. >>> as we take a look at the roadways, it is busy into the altamont pass. coming up i will have the latest on a crash along 80. >>> and lets take another look outside before we head to break. this is from our sales force tower camera. it is 5:40 on this mond

>> oh, you have a peloton? >> yes, i was convinced by you, because you are a big fan. >> i was not going to ask the handle, because my stats are embarrassing. you like the classes or the solo rides? >> i like cody in the classes. but looking at the last three month, you have seen a trade in this $150 sort of the price range, so we will see if it can get above, that and over the last six months up about 103%, brian. >> look, shout out to cody, and once you have the bike, you will pay the monthly fee or the treadmill, and seema mody wondering why i am on tv. thank you very much. the january jobs number is mixed with 40,000 jobs newly added because of the coronavirus, and the restrictions and the lockdown, and et cetera, and the interest rate-- and the unemployment dropping to 6.3%, and 4.7 million people prevented from working because of the pandemic or the lockdowns or their kid's school is closed. but the job markets are focusing on the positives and here they are. this is why the markets are ripping higher, an

and peloton's big wheels just keep on turning.h-tech bike maker set to report its holiday quarter results this afternoon. the stay at home winner up 350% over the past year and is expected to post its first billion dollar quarterly revenue ever after the bell. peloton up 7%. i love me some jim sherman. and cody. and hannah. all right, and the super bowl less than four days away, but it's game on for the national football league and skill,z. together the two will launch a global game developer challenge to create a new mobile sport powered by the platform with joint marketing for both skillz and the nfl. so yakker e, or -- so, yeah, shares jumping 24%. and andrew paradise is going to be here monday on the off-season action that he is creating with the nfl. so stay tuned the, make sure you join in on monday right here on "the claman countdown." you know, this anticipation for super bowl lv building and building. will patrick mahomes lead the kansas city chiefs and bring back to back super bowls home? or will tom brady continue bolst

popular fitness product companies like peloton and mirror are seeing sales skyrocket.t-friendly options for the ultimate home workout. >> reporter: exercising at home has reached new heights. >> that's it. travel. oh! >> reporter: many saying it's actually easier than ever to maintain their fitness routines while working from home. connected bike company peloton reports sales from the last few months of 2020 were up 232% from a year ago. and users are logging 20-plus workouts a month. that's up from 11 a month just last year. but a new entrant. for those addicted to closing the activity rings on apple watches, the launch of apple fitness plus. that means cardio, strength, and yoga workouts all through apple devices. the company says you have to have an apple watch to use the service. it displays your heartrate as you work out, which is handy because it looks like i'm about to have a coronary event the service costs $79 a year and can be shared among six family members. but those aren't the only options. hardware makers mirror and tonal offer video instruction projected

there is a big connected fitness boom, peloton said thursday its number of paying scrub scribers moren doubled. the stock actually slipped about 6%. there was an issue with higher calls for expedited shipping, but one of the issues is the revenue surprises, those surprises are getting smaller and smaller. and the stock's pricey, right in they point out that the company recently had a market value of 22% of the value of netflix. they're only 3% of the paying -- 1% of the paying subscribers of netflix. i spoke recently with the ceo and cofounder of a company called icon health and fitness, and he said they're up to a million paying subscribers on their i-fit connected platforms. they are rumored to be, you know, going public at some point in the future. he didn't want to comment on that, but you have to consider if and when that happens, it becomes competition for peloton for the affection of growth stock investors. you can hear that conversation on my podcast. jack: i always get a little nervous when a sector looks so exciting everybody wants to rush in and take their companies public.

there is a big connected fitness boom, peloton said thursday its number of paying scrub scribers moreh higher calls for expedited shipping, but one of the issues is the revenue surprises, those surprises are getting smaller and smaller. and the stock's pricey, right in they point out that the company recently had a market value of 22% of the value of netflix. they're only 3% of the paying -- 1% of the paying subscribers of netflix. i spoke recently with the ceo and cofounder of a company called icon health and fitness, and he said they're up to a million paying subscribers on their i-fit connected platforms. they are rumored to be, you know, going public at some point in the future. he didn't want to comment on that, but you have to consider if and when that happens, it becomes competition for peloton for the affection of growth stock investors. you can hear that conversation on my podcast. jack: i always get a little nervous when a sector looks so exciting everybody wants to rush in and take their companies public. by the way, jack, i have heard you actually flip tractor trials, so d

a must watch interview there >>> peloton topping $1 billion in quarterly revenue for the first time, shares are lower as you can see by 7% roughly there. as shipping costs and other investments really help to address severe wait times and delivery delays could weigh on results this quarter keep an eye on peloton shares as well. >>> still on deck, the ceo of fin tech, on the big trend of buy now, pay later why his company is advertising in this year's super bowl. stay tuned >>> today's big number, $2.09 trillion that's the total amount of currency in circulation as of january according to the federal reserve bank of st. louis. a 16% increase over the prior year these folks, they don't have time to go to the post office they have businesses to grow customers to care for lives to get home to they use stamps.com print discounted postage for any letter any package any time right from your computer all the services of the post office plus ups only cheaper get our special tv offer a 4-week trial plus postage and a digital scale go to stamps.com/tv and never go to the post office again. >>>

well, we gave you the peloton example and here is who is hurt.xporters and if you want to sell something to china and other parts of the world, and you need one of these, you can't find one or you want to try to overspend, and that is going to hurt the recovery or the importers of things like pelotons and treadmills and machinery or equipment, and they are waiting months because of the backlog, and the farmers, too, they are particularly ticked off, because that is a huge part of the exports, and we talked to jim newsome who runs the south carolina port authority and particularly here in charleston and he has been in the business 40-plus years and het the imbalance is the greatest he has ever seen. >> brian, welcome to charleston, and this is the record level of imbalance, and looking at northeast asia and this is the three imports to one export. and this is even in l.a. and you need it in des moines, it is not very helpful. >> so dom, you want the road to recovery, well, we need to sell stuff to other parts of the world to have manufacturing job

pellets on -- peloton is addressing that. it is something investors are going to monitor.y are spending about $100 million to ensure deliveries are done on time. there is a fine line of customer service and customer satisfaction the company needs to follow. our surveys indicate delivery times are getting shorter. hopefully not of a big price. taylor: how much more of a tailwind is that exelon acquisition? >> it is still very early to be honest. they are still looking to close it. they are ramping up their production. as we get to the second half of this year, they are going to be better positioned. it is going to be expending them into new markets and products. but the other side of the pandemic, people are going to hotels, gyms, and they will have peloton bikes. taylor: always appreciate your time. coming up, a billionaire has plenty to say about gamestop and the phenomena. our conversation with him next. this is bloomb want to save hundreds on your wireless bill? with xfinity mobile you can. how about saving hundreds on the new samsung galaxy s21 ultra 5g? you can do tha

i mean yeah i mean we do some some pressure on stocks like peloton like zoom or also home improvement companies like home depot or lowes all of those stocks are traded to the downside here on wednesday but on the other side we shouldn't forget yes the pandemic has boosted the digital world but in general the digital transformation was well underway even before the pandemic it so we won't see a complete reversal of all the trends that we've seen in the past couple of months and then on the other side to all those companies that struggled like their bit if we look at cruise lines if we look at our lines and even stocks like you have boeing movie chain so all of those stocks and they definitely got a huge boost in the when secession and that was one of the reasons why we did see those new records on wall street on wednesday overall a rosier picture thank you very much dan carter there in new york for us china is looking to improve relations with the united states thoughts according to comments by incoming congress minister wang wang tal he said the u.s. and china have a deep economic tie

do you know that peloton is running out of bikes? tom: yes.i don't use them, but they are popular. tom: no. this has been part of it. took one to capri but brought it back with him. this forward -- this ford mo

the gold standard, so to speak ;) >>> shares of peloton are under pressure this morning.h earnings of $0.18 a share, and that was double what the street was expecting. revenue was slightly higher than expected, too, and the company raised its full year outlook, but it warned that it still faces hurdles in trying to get products to customers quickly amid the demand surge. that was a big problem at the end of last year peloton plans to invest more than $100 million in air freight, and expedited ocean f freight over the next six months to speed deliveries. the company said that would dampen near term profitability and would improve the member experience for the long haul that stock down by about 6.9%. >> yep coming up on the other side of this break, the latest on the vaccine news with j&j. we're going to talk with dr. scott gottlieb who's going to join us after the break check out shares of sanofi, the french drug maker posting better than expected quarterly results. that stock up 2% this morning, and promising more cost cuts as it looks to increase margins sanofi facing pr

. >> a peloton with a perfect burn was on its way to the moon. now the command and service module separated from the s4b, and turned around to dock with the lunar module. for the first of many times tom stafford turned on the high resolution television camera and shared with the people of earth a spectacular sight of outer space. apollo ten took a long all those who had made and were making the conquest of the moon a reality. >> charlie, we can't be more than five or ten meters away. >> roger. >> it's looking very stable. we show you close. be docked in a second i hope, roger. >> houston you're looking good. looks like a good stop. >> roger. >> roger. >> you've got to docket, charlie. we can reach numbers on the docking window. >> during the docking, apollo ten encountered its first problem. -- releasing a snowstorm of fiber glass and the zero gravity. >> it has insulation all in the seal, the valves. >> for apollo 11, it would be faxed. then we watched as they pulled free of the s four b, and got our first live colored pictures of the blue plane

peloton says they cannot keep up with demand for the exercise machine.t profit will be squeezed as it tries to fix the problem. peloton is investing more than hundreds -- more than $100 million over the next six months. and pizza restaurants are preparing for what could be their best super bowl sunday ever. with the pandemic raging, 72% of americans have no party plans, that's up 23 points from last year the likely result is millions ordering in pizza and chicken wings. domino's and papa john's are coming off a strong fourth quarter and the super bowl could make a great start at the beginning of the year. that's the latest business flash. the likelihood of eating pizza on sunday is pretty high. guy: i imagine it is. kailey takes it pretty seriously and i guess if you're taking it seriously you have to have the appropriate snacks. i'm looking forward to seeing you on monday. it's either can be a very happy kailey or a very disappointed kailey. if brady has a ring on his finger you won't be happy. kailey: don't even bring up the possibility. guy: we will d

>> so you know how i like taking my peloton classes, so i took a peloton class in '80s music, remember car in the mid '80s with her mixed tape music blaring. i think we should get in the car and drive around like we were teenagers. no podcast or news. >> stephen: just you and me. maybe benny. >> stephen: maybe the dog. maybe. >> stephen: maybe. could i have the -- mm-hmm. this one takes a more poetic approach. our love is like the ocean... boundless. but the first draft said: our love is like the ocean... only 5% has been explored and we're terrified of what lies in the darkness. >> oh, god, i think that's very funny. >> stephen: that is the reaction when you find something funny, to state that it is funny. that is the nothing more a comedian wants top hear than 400 people going, that is funny. ( laughter ) i find that amusing. breathtakingly level-headed girl i married. that is evie-approved is what that joke is. >> check. >> stephen: exactly. ( clearing throat ) this is a good one. this one has a classic tale. it says, "i finally found my romeo" and nothing can keep us apart. but the

caroline: once again, talking about earnings after the bell, snap and peloton, some stock showing movementut moves pale in comparison to speculation on volatility we have been seeing in mean stocks for 2021. the media may be dissipating, gamestop down for 2% today. but there are still 16 reddit-loved companies that are up double digits this year. we seem to be paying more attention to hard economic data again. and it is good timing therefore that we get the u.s. stocks report tomorrow, with indications the recovery is stronger than thought. so the outlook is affecting rate markets, you see the curve steepening, joe. let's not get boring and talk about fundamentals first. let's go back to market shares in penny stocks. joe: big question, what does that 530 curve meet for does coin? we will break it down. but for real, penny stocks, we are going to talk about -- we don't talk about those. look at january, stocks that hit market caps are too conservative, two old school people want even more risk. romaine: at look at the penny stocks, the biggest volume mover across the table regardless of si

. >>> new details on a potential cheaper peloton treadmill. it is called the tread.be coming out in may. the price is $2500. it is close to half, though, of the price of the standard tread plus. the new tread is a little skinnier with a lower max incline and has a smaller front screen. peloton is hoping to make itself even more accessible after making $1 billion in profit last quarter. >>> our effort to build a better bay area, abc 7 is highlighting people who are trying to create positive changes during the pandemic. jobina has a look at the work two of students and their invention that is promoting health. hi, jobina. >> hi, reggie. yes, so i talked to two monte vista high school students that are self-proclaimed germophobes, like all of us they have been impacted by the pandemic, so they created something to help. junior achievement of northern california is a nonprofit dedicated to work readiness, entrepreneurship and financial literacy. the pandemic forced everything to go public, but they still managed to host their company program where volunteers help student

. >> coming up, could it be the peloton of insulated drink ware? the very cool story of yeti and how to retain the heat around it with options don't forget check out our website action, cnbc.com sign up for our wstt wleneleerhi there. we'll be back in moments ♪ ♪ ♪ ♪ ♪ >>> welcome back to options action still more earnings to come next week when things get hot, options can keep you cool. sometimes an amazing stock growth story can be under your nose, literally as you sip your still warm morning coffee. mike, take it away >> if you go to central texas, one of the things you're going to learn is that the brings ket at the worst barbecue in 360, rudy's barbecue at the shell station is better than any barbecue you find outside of the state of texas you can have 90 days in a row where it's over 90 degrees the only way to keep your drinks cool was to buy a yeti i've got a pile of these things. these are great coolers. it's an interesting company. it's not one that we've talked about very much. it's had a spectacular period of growth what's interesting ab

market has looked too hot to me and technology stocks have looked too hot to me and the zooms and the pelotons and all the work from home stocks, because we have to get to the end of that technology line as far as the bullishness and the work from home stocks, but i am glad i fought my gut to sell the market, because i could have sold this s&p at 3,000, so when you say does it look too hot, as long as the fed's in your corner, as long as there's stimulus, i think the market can go higher. >> all right coming up a $172 billion break oumt more than 14% this week. we're breaking down the monster move first, a huge week of earnings look at all the names reporting. you know what that means a mega of trade it or fade it is on deck when "fast money" returns. hey, dad! hey, son! no dad, it's a video call. you got to move the phone in front of you like..like it's a mirror, dad. you know? alright, okay. how's that? is that how you hold a mirror? [ding] power e*trade gives you an award-winning mobile app with powerful, easy-to-use tools and interactive charts to give you an edge, 24/7 support when you ne

. >>> coming up, could it be the peloton of insulated drinkware the very cool story of yeti and how to retain the heat around the with options >>> optionsaction.cnbc.com sign up for our newsletter new year's resolutions come and go. so give your business more than resolutions... give it solutions, from comcast business. work more efficiently with fast internet and advanced wifi. make your business safer with powerful cybersecurity solutions. and stay productive with 24/7 support. make this year's resolution better solutions. bounce forward with comcast business. get started with a powerful internet and voice solution for just $64.90 a month. plus, for a limited time, ask how to get a $500 prepaid card when you upgrade. switch today. ♪ ♪ ♪ ♪ ♪ >>> welcome back to "options action." more earnings next week. when things get hot, options can keep you cool. sometimes an amazing stock growth story can be under your nose literally as you sip your still-warm morning coffee. mike khouw's "call to action," tonight, take it way. >> if you go to central texas, one of the things you're going to lear