but they're trying to get you to use rokus to get rid of expensive boxes.a runway as people are cutting the cord. they're cutting the cord sometimes on the cable company's dime but ultimately they're going to be gone. >> what's the differentiation -- what is the difference between using apple tv -- >> there is none >>s athe source for all your various subscriptions. >> apple made a huge mistake by not giving away the apple tvs. they called it a hobby and wanted to get into the living room they should have been giving them away when you buy a mac or iphone or something like that and they'd be in 80 million households in america. >> there would be criticism for why they are giving it away. >> this is a cheaper product than apple tv. among the recent ipos, this is one that never broke price that's a different story than what we saw in a lot of those names. this has been an ipo-driven market the last few years. there is a tone to this tape where you don't want to be short names like this. i think you stay long. >> all right, up next, final trades (vo) the only

is roku proving that's on the end of that next new front >> roku is proving it is one of the playersthe forefront in terms of ad supported ott, they're putting together the package, few other companies are doing it, google with youtube, despite recent problems that they've had, they shot themselves in the foot again, but i think roku is one of the companies. the best data point out of roku was what we call the double double they say video ad impressions sold more than double in fiscal '18, think they're going to double again in '19 this is rarer a of growth. when you find it, you step in on the stock. roku is one of the top three stocks year to date, so is trade desk and wix >> year is getting more interested talk to you soon >>> when we return, intuit beating expectations on earnings trading at all-time highs in the most important quarter, the one we're in the new ceo will sit down with us exclusively next, his first tv interview since taking the role stay with us [cell phone rings] where are you? well the squirrels are back in the attic. mom? your dad won't call an exterminator...

we both have roku. the only thing worse than missing roku is going to the fire festival. around christmas, when thousands of people were thinking about switching to roku and the stock was trading at about 25, why didn't i pound the table, trying to tell you buy it i guess with the stock at 66 now, the only thing i can say is kick me. fire fest. cheese sandwich. remember when china was supposed to wipe out boeing how many times have you heard this one out of four boeing planes goes to china. so if there is a trade war, boeing is supposed to be crushed. if you thought like, that you ended up missing one of the best industrial stories out there boeing is annihilating airbus. it's its only meaningful competitor the truth is china needs boeing more than boeing needs china the stock is defying gravity, people are still afraid to own it they have some fabulous boutique begins they made me a killer negroni. that plane is being discontinue. nobody wants it. they want planes from boeing boeing doesn't have begin. it has good planes china can't afford to cancel the orders the wait f

it was up 22% and is up another 3% in the after-hours. >>> shares of roku climbing.r hours. >> tomorrow the focus will be fed speak. we've got a ton of fed speakers at this monetary policy conference as well as a monetary policy report as the fed pivot continues to drive overall a much better tone in the markets even though we are down for the week. >> that does it for "closing bell." >> "fast money" begins right now. >>> "fast money" starts right now. live from the nasdaq marketed site overlooking new york city's times square, i'm melissa lee. tonight on "fast" the biotech beatdown that group of stocks on track for its worst week in two months there's one name wall street is turning its back on. >>> plus an epic nike fail shares slipping as a duke superstar breaks a pair of the brand's sneakers during a game. >>> faang biting the dust, having a rough february with the exception of

roku is up 80% year to date.about some of these edge case smaller bets might have turned around? >> jon, i think it's as simple as these are things with much smaller floats. and if you think about roku, there's a situation there where you have a management team that's built a company over a long period of time has proven the naysayers wrong consistently and if people stop worrying about the macro then companies like roku feel like an a buying opportunity not a selling opportunity. >> speaking of all these ideas of going public, roger, if we get uber, lift post mates, et cetera, at any point this year how do you think they get received do they come in a compressed window and do you think it robs other u.s. equities of oxygen. the public gets to make its own choice on how to value them and if you think about the most recent quarter, we have numbers on what uber did to me uber is slowly but surely closing the gap and getting closer to something that looks like a viable business but is it worth $100 billion the publi

roku shares following an earnings beat and strong streaming growth that stock up 100% that's a doublingor roku this year in the past six weeks wayfair soaring today, reporting a smaller than expected loss revenue also beating estimates and the active customer count up 15% from a year earlier. dropbox is falling the shares are moving lower. now tobill griffeth. >> thank you iran is continuing to comply with the landmark 2015 deal. its aim to prevent teheran from building weapons the u.s. as you know has pulled out of that deal and is pressuring remaining countries to abandon it, as well. >>> opioid related deaths quadruples in 20 years and shifted to the eastern part of the u.s. washington, d.c. has seen the fastest increase where deaths have tripled every year since 2013 >>> and a winter storm dumped nearly three feet of snow in northern arizona breaking records in the area around flagstaff. schools and roads have been closed across that area. thousands of people are without power. >>> and japan's space agency has announced that the space probe successfully landed on an asteroid the cra

there's uh, free streaming apps that people can watch them on like roku, and you know, what's some ofh, the free streaming apps. >> seth: there you go. >> anyways, soe went down to ntral texas. it's like four little -- we do little mini seasons for this new show, and four episodes. so the first one we went down to central texas, and we did four different topics.bi one beinn. >> seth: great. >> bison ranching, and the other being a spirit that ey make down there called sotol. >> seth: can we have a little sotol now? >> i reckon that's a good idea seth. >> seth: okay grea alright. >> yeah, let me hook you up with a little cocktail. >> seth: alright. >> and then i brought a little -- >> seth: i'll get them, here? >> little shot glasses. t maybe we'll t at the end. a little -- >> seth: i would like a shot at the end. >> taste it straight, you know? >> seth: well, let's see how it goes. [ laughter ] >> yeah, cool. so yeah. this is just basically kind of a little riff on a normal tequila, paloma. >> seth: yep, perfect. >> just add a little mint and ginger. >> seth: great. >> and, yeah. how

roku hughey and kansas city wants to know ahead of earnings >> so, hughey, the stock's up 60% year toind of ripe for a pullback here look, and it got started when you got a preannouncement in the first week of january. the earnings will be good. the question is how does the stock respond? probably pulls back a little bit because it's due however, at this price, it is a buy if you can withstand a 5% to 10% down draft i think by the end of the summer, you'll be back at 70 that's the play. >> thank you jim? >> bruce in scottsdale, arizona. has a question for josh brown. albemarle reported earnings last night. revenue beat up 11% in one week. >> it was a huge beat. the stock's been beaten down alongside a lot of other companies in chemicals in metals, et cetera. i don't want to own tesla or bet against it i don't want to buy bmw. i do want exposure to the future of electric vehicles and do i think that albemarle processes and products are the right way to play it it's required a lot of patience. i'm not abandoning the stock and love their rost last night. >> thanks for all the questions.

and viacom bought pluto tv.ar thes among a range of ad-supported services, including the roku channel, zumo, crackle, and walmart's vudu. we'll see how disney and upcoming options change the landscape. with all of these choices e, availahether it's worth it really depends on what you want. for "nightly business report," i'mulia boorstin >>> and coming up, tax audits. they're time consuming, costly and stressful. but what are the odds that the irs actually audits your returns? >>> samsung has unveiled a new line of galaxy phones, and they fold. the company hopes that thega xy fold will help turn sales and provide the innovative kick that tmartphone industry is looking for. samsung spent five years developing its foldable technology which comes with a price t of nearly $2,000. >>> meanwhile, hershey is addins ame to the list of companies raising their prices. remember yesterday we told you about eryday items that are likely to see a bump in prices this year. today hershey said that it planp to a new pricing structure in place in north america in om19. the cny says it will use extra reve

i prefer my roku. emily: that's the apple cofounder there speaking exclusively with bloomberg.quarter shares are exceeding expectations. analysts were especially impressed that full-year guidance beat expectation. the upbeat earnings come as the company skills back on its marketing in the first quarter. coming up, a sleep tracker may be coming to the apple watch. how it works and what it could mean for wearable competition. toer in the show, we speak tom wheeler about his new book and how public policy can keep up with new technology. this is bloomberg. ♪ is bloomberg. ♪ this isn't just any moving day. this is moving day with the best in-home wifi experience and millions of wifi hotspots to help you stay connected. and this is moving day with reliable service appointments in a two-hour window so you're up and running in no time. show me decorating shows. this is staying connected with xfinity to make moving... simple. easy. awesome. stay connected while you move with the best wifi experience and two-hour appointment windows. click, call or visit a store today. ♪ is bloomberg te

. >> and let's hit roku. highest level since october of last year.ould be the best week since august of last year. >> it is a nice day and i don't always have nice days like this. but the question is what do you do with row you could yoroku what you do with the stock, you let it continue to run i wouldn't have been unhappy selling it at this price when i bought it, but i won't sell it here because when the thing catches fire as it does right now, it tends to go much higher than where you think it will stop so just rides the stock. if you don't own it -- >> were there is a lot of shorts >> yeah, one of our friends from the west coast -- >> and what is the short -- why do people dislike it enough? >> the biggest short these th thesis is that amazon will create their own and put them out of business. but full case on the flip side is if you are apple or amazon -- >> buy it. >> exactly just buy it. >> good for you. stock up a 22% tyler mathison has the headlines for us >> and as we've been reporting, the new england patriots owner robert kraft has been i

i don't understand why amazon needed the subsidies, where google, roku, broadcom, hewlett-packard, apple got subsidies to move here. people are making the argument that it's socialist to push them out. i would make the argument that it's socialist to give them an incentive to move here specifically because you're mickinmickpicking winners versue else. i have no problems with cities and states doing this. this is new york city. it's not a depressed area. it's a city in new york city that doesn't need to cough up to get companies to move here. the access to capital, the access to intellectual property and technology and people, it's a very unique space versus what happened in, say, nashville, that's going to move the dial there. cheryl: let's be clear, these were state incentives, this is a deal that was cut by the governor of new york and state of new york who has billions of dollars in tax incentives to offer up, especially when you're looking at building in a very expensive area, which is new york city, and i want to point to something else here. this is kind of a different view from wh

and wayfair, a very good example roku came in ahead and gave revenues above forecast, that is trading 8%. >> wayfair is up 23%. >> wayfair does online home furnishings, their numbers were pretty good. smaller loss than expected >> their customers were up, the purchase per customers were up. >> year to date, up 60%. >> what it says to me too at a time really this month, look, we have been sort of debating what the strength of the consumer is after that dreadful retail number walmart and weiayfair suggest i you have what people want at the price at which they're willing to pay, you're going to do fine. customer -- consumers are still flush. they still feel from a confidence level pretty well and if you got what they want, and you got the price that they're going to pay, and willing to pay, you're going to do fine. >> you're managing the company properly. >> yes, of course. manage it well. >> just some -- want to note on the upside movers, reports out of australia that newmont may consider a bid for barrick that's a big merger in the precious metal space and keep an eye on that. on downs

that's hitting those shares down by 10% >>> roku is expecting to report a better than $1 billion in salesstaggering 75% already going to the course of 2019, and it's a big move higher about 5% so far in the premarket. >>> let's get a check on the top headlines this morning francis riviera live in the new york newsroom with the latest. good morning, francis, and happy friday >> happy friday to you, dom. we start with the news that came skrashing down for jussie smollett yesterday chicago police arrested him for orchestrating his own attack he was charged with a felony police say he planned a hoax because he was unhappy with his salary and wanted to promote his career the actor was released on $100,000 bail. >>> long-time trump political advisor roger stone who is charged with lying to congress and witness tampering has been silenced by a federal judge after posting an instagram picture showing that judge along side an image of crosshairs. stone has now banned from any public statements about his case >>> a very rare sight in los angeles. people there are declaring a snow-mageddon and shari

wal-mart, cvs, and roku will all report earnings, and j.f.k. is heading to auction tuesday, offering a chance to bid on the shirt worn by the 45th president on inauguration day. i'm david begnau, cbs news. sometimes, bipolar i disorder can make you feel like you have no limits. but mania, such as unusual changes in your mood, activity or energy levels, can leave you on... shaky ground. help take control by asking your healthcare provider about vraylar. vraylar treats acute mania of bipolar i disorder. vraylar significantly reduces overall manic symptoms, and was proven in adults with mixed episodes who have both mania and depression. vraylar should not be used in elderly patients with dementia, due to increased risk of death or stroke. call your doctor about fever, stiff muscles, or confusion, which may mean a life-threatening reaction or uncontrollable muscle movements, which may be permanent. side effects may not appear for several weeks. high cholesterol and weight gain; high blood sugar, which can lead to coma or death; decreased white bloo

don't forget, you can keep up with us on facebook, instagram, twitter, youtube, roku.nk you for supportrting news with a heart, for hehelping us o where the silence is. happy birthday, everyone. you all made it possible. you made it possible for us all to celebrate democracy now!'s 23rd anniversary. thank you so much. we want to thank our amazing staff. democracy now! is looking for feedback from people who appreciate the closed captioning. e-mail your comments to outreach@democracynow.org or mail them to democracy now! p.o. box 693 new york, new york 10013. [captioning made possible by democracy now!]

roku also enables users to subscribe to services, about 25 services in all including premium networksshowtime and starz. hulu tv and at&t watch both offer four add-on services, hbo, showtime, scinemax and starz. and then there's comcast, apple, to facebook's watch, they all have different incentives and they're all working to make it easy to access more services and to pay for them through their platforms and to keep their customers hooked guys, back over to you >> all right thank you, julia stay with us for more on the winners and losers in streaming and bundling, let's bring ingerber cow sake. so this keeps getting more complicated. i guess the latest point of news, netflix canceling some marvel show, "jessica jones," "punisher. i guess in a way, we knew they weren't long for netflix given disney's launch. but these are titans starting to fight more openly, leading up to a battle royale. >> oh, this is battle royale and the circle is getting smaller and people running to get into the circle, if i'm going to use some battle royale analogies here and netflix is in the middle of the ci

. >> roku, when this stock catches fire it keeps going, it's in a rally and earnings next week will continueweeks ago we added pattern energy, it's a pure plan wind energy. >> investors are getting a reprieve we've seen this story before, i think you sell into the rally. >> sell any -- >> reduce your isk if you sat through december and not sleeping and you were concerned about your portfolio and you feel better because stocks are higher, time to lighten up. >> what happens if you get a meaningful advancement from the trade talks? >> from the 17% lows >> from the trade talks. >> pick your stocks, be careful. there's no rush here. >> thanks for being here "the exchange" begins now. >>> thank you, scott here's what's ahead this hour. retail sales posted their worst month since the financial crisis are we looking at a tapped out consumer or one resting amid the shutdown coke is getting crushed, those shares are tumbling, is it another sign of consumer spending fizzling out? >>> amazon's bombshell the company pulling out of new york city and will not build hq2 there. the fallout from that and wha

>> first up is this tcl 55-inch 4k tv with a roku built right in and it's $449 at walmart and amazon. go down to the 55-inch sony there. some people only buy sonys. they love their image processing. so this model is $798 from the dell home store. that's the cheapest price i could find online but the sweetener here, dell will give you a $200 gift card thrown in with the tv. >> wow. >> and you don't have to stand in line outside all night on thanksgiving so it's a win/win. let's move over to the next size. you're going up ten inches. 65-inch set. what are the deals there? >> bigger tvs, bigger discounts. we're going to go right over to this samsung 65-incher. it's a steal at 649 bucks at best buy and a few other stores. that's 450 bucks off retail price. now, if you want to go high end, let's go up. i've been tracking this tv right up here, it's an oled technology, lg 65-inch tv. it's $2,296 on amazon. this is really top of the line. but that's running lower than its black friday price, cecilia. >> this is great, becky. you've also got other tips on scoring some big deals. what do you g

santi memo.w the gri amazon by roku, berkshire, buffett. facebook, where were you on january 14?it is comfortable to go to stocks, not cash. all my radar is up. do you acquire shares march 1? christopher: we acquire shares, but you have to be more selective. the week before christmas was the first time in a few years we had real bargains across a number of sectors, and that is gone now. tom: this is a correction chart of the bear market, and let's focus on correction, bear market, doom and gloom, up we go, moonshot. everything has gone up. it is a double-digit year. why don't i just go to cash? christopher: it could be a lot better by the end of the year the now, which flies in the face of consensus. everyone said you could not have a recovery, so far, so good. tom: is a type to thing. the gloom, you cannot frame the gloom. chris: right. we climb the wall of worry. important, because we need to bring in francine lacqua climbing the wall of brexit. francine: when you look at trade concerns, how will that affect earnings? chris: trade concerns in interest rates are the two biggest

how about roku. a rosy forecast. the stock is up 13%. take that.ome analysts cutting their forecasts for berkshire hathaway after kraft heinz's dismal forecast and the dismal performance of the stock. bes berkshire owns 29% of common shares. that's warren befette etbuffett. he lost $4 billion today. >>> nike stock was down yesterday following the zion williamson injury due to that sneaker malfunction. williamson, by the way, has an $8 million insurance policy in case of injury. some people now say, though, don't go back and play for duke for the rest of the season. don't do it. joining us, jared max, fox sports radio news guy. why shouldn't he go back and play for duke again? >> same reason the new england patriots would take tom brady out of a game they were leading by 49 points. same reason a bride to be outside of superstition wouldn't put on the white dress before the wedding. stuart: what are you talking about? >> you don't want to mess anything up. stuart: oh, that's it. >> you have something that -- you wouldn't go walking down the streets o