roku down 13% at the moment. we will dig into the numbers to find out what is driving, but this comes after he reported revenue be analyst estimates. still with us, cantor fitzgerald chief market strategist and bloomberg intelligence chief equities strategist. peter, we just saw that number from roku, which is in the category of these high that were doing phenomenally well until the middle of this year, then so many have tumbled out of bed. it is pretty remarkable there has been rotation. we have seen tech clobbered. and while, we are at all-time highs. you seeess aside, do this internal rotation continuing more toward the value oriented non-ultra growth companies? >> if i am right, yes. if gina is right, no. given that i am hoping my assessment is correct, although i don't hope the market goes down, it is nice to be not kermit the frog. i would say we get a continued rotation in the value, because typically as people become more risk-averse, that is where money tends to go. if i may, gina made a great point abou

you see things like us launching kids and family on roku channel, roku smart sound bars, new way to getcustomers. a lot of products we're investing in that will pay off in the future. >> you mention disney and apple, both launching streaming services, used a metaphor on the call, people may not realize, you're like a retailer you have people coming through roku and disney and apple can pay to get in front of those people and say subscribe to our service. you have not only revenue share when people sign up through roku but potential marketing dollars you can make off putting those users in line to get onto those services tell me how do you expect that based on what you've seen previously to trend, so when they launch, of course, expect them to spend to get users after the holiday season, maybe when people bought new devices, do you expect to see another surge in spending on these companies trying to get subscribers? >> yeah, i think what we're going to see, i mean, what's happening is you have the technology companies creating new streaming services and you have the incumbents realizing

this is roku, the streaming guys.en though it is down so sharply. yes, it posted earnings yesterday. users are streaming more than last year, but roku is spending a ton of money trying to get more people to buy their boxes. that's what has investors worried. the stock is down, but just a few moments ago we had beth kindig on the show, analyst of roku. she says she's sticking with it. it's going to $250 a share or more next year. she likes the stock. got it. >>> netflix. they are bleeding cash for content. that's an expression i like to use. expecting to spend, what, $15 billion on new shows this year alone. next year i think they will spend a whole lot more. the stock is up seven bucks, just shy of $300 a share. >>> how about disney. they report their earnings after the bell today. their streaming service, disney plus, comes out on tuesday. they are back to $133. that's disney for you. >>> got a big hour ahead. we have former dirty jobs guy mike rowe. i want to know why we can't fill the millions of blue collar jobs t

question around that topic tcl has been a big oem for roku.their success together i think there has been some discussions but if you think about it, they're both sort of married together here. so if tcl wants to go another direction, i think a lot of that growth momentum that they've been piggybacking on with roku goes away for them i don't see that as a major concern in our eyes at this point. >> we'll keep an ear out for that investor call that's coming out in the next hour shares of roku are plunging 13% on the heels of those numbers. tom forte and mark, thank you for joining us. >> thank you >>> big rally in financials over the past month, can they keep fueling the broader market rally? "closing bell" will be right back but sophie's enthusiasm cannot be dampened. not even by a run-away donut. we powered through it in our toyota prius. because a star's got to shine, no matter what. it's unbelievable what you can do in the prius. toyota let's go places. ♪ as your life grows, so do your needs. ♪ and with bank of america and merrill, the benef

why roku? if you are going to be a streaming provider and you want to advertise your service, why don't you market to all those people already using roku devices? and if people start their subscription services on roku, there will be a revenue share. wins out two or three of this for roku. there are a few derivative plays but roku is one of the best. taylor: i could do this every day. thank you. rbc capital's mark mahaney, thank you for joining. coming up, we head to hong kong as we continue our look at alibaba's listing debut. this is bloomberg. ♪ here, it all starts with a simple... hello! hi! how can i help? a data plan for everyone. everyone? everyone. let's send to everyone! wifi up there? uhh. sure, why not? how'd he get out?! a camera might figure it out. that was easy! glad i could help. at xfinity, we're here to make life simple. easy. awesome. so come ask, shop, discover at your local xfinity store today. taylor: this is "bloomberg technology." we join bloomberg daybreak australia to

why roku?k: if you are going to be a streaming provider and you want to advertise your service, why don't you market to all those people already using roku devices? and if people start their subscription on roku, there will be a revenue share. there are a few derivative plays but roku is one of the best. taylor: i could do this every day. rbc capital's mark mahaney, thank you. coming up, we head to hong kong as we look at alibaba's listing debut. this is bloomberg. ♪ ♪ hey. hey. you must be steven's phone. now you can take control of your home wifi and get a notification the instant someone new joins your network... only with xfinity xfi. download the xfi app today. taylor: this is "bloomberg technology." we join bloomberg daybreak australia to bring you the latest in global tech news. i'm taylor riggs in san francisco with shery ahn and paul allen. let's look at the global tech stories of the day. group holding is considering a sale of u.k. software provider. the sale could fetch close to $2 b

i got roku roku >> we are back after there new york state is building for the future of your businessis /* -- we are back after this to infrastructure, we're creating state of the art, 21st century transportation hubs, constructing new bridges, bringing high-speed internet to every corner of the state, and committing to low-cost clean energy. with infrastructure built for the future, the companies of tomorrow can thrive here today. see your future at esd.ny.gov. or trips to mars. no commission. delivery drones, or the latest phones. no commission. no matter what you trade, at fidelity you'll pay no commission for online u.s. equity trades. high protein. low sugar. tastes great! high protein. low sugar. so good! high protein. low sugar. mmmm, birthday cake! pure protein bars. try lemon cake. >>> futures suggest record highs across the board as the s&p is on track for a fifth weekly gain on these headlines that the chinese, at least, say the u.s. and china have agreed to remove tariffs in phases. the opening bell less than ten minutes away ♪ ♪ more exciting than than getting a lexus...

you can go to those directly without roku you just click on the app.hat they can do and we're dwoipg see a need is aggregation and search so you want something that brings you back and forth between all these streaming services, suggesting shows for your you, not from netflix. and that's what's missing from this market. i think people will have more streaming services than we think. they're saying now the maximum per household will be about three. >> it will be more than that >> definitely. so if roku can be that cross platform search and aggregator like the online tv guide for all this stuff in one place, it can, but will it. by the way, year to date, stock is still up 300% >> that's good one thing to watch, i think do midwestically, they're okay competing with google as they move internationally that will be interesting they're not as well-known. >> moving on to the next topic while the attention has been focused on warren's tax plans, another representative is introducing their own plan at a much lower threshold >> well, this plan comes from chris v

let's use roku, okay, and cisco. roku sells to the consumer, sells to you their technology helps you stream videos directly to your tv cisco is a networking company, a colossus that sells to what is known as the enterprise, giant complex companies that need to connect to the web in all its considerations roku's stock has been just a consummate horse just an amazing runner an ast some in wall up 385% for the year you heard me why? because every time you hear about a new video package, you need to think of roku, because its technology is the easiest way to connect their devices are neutral. they work with any platform, and they're also installing their tech directly into new tvs so when disney has the most single successful launch for a streaming service in history, you buy roku in fact, if you go to roku's website today, the welcome page is stream disney plus on your roku device. it's the leading way to watch all these services, a classic arms dealer that allows the consumer to get every channel she wants. it's easy t

or on our youtube channel, apple tv or roku, all five parts there. >>> winds are picking up, pg&e powerutages will begin. frustration. three counties may be losing power. homes and businesses across sonoma, napa and solano counties in the outage zone. terry mcsweeney is in marin with an update. >> reporter: check out behind me, street is shining, little bit of rain in marin county, very welcome. also reports in sonoma and napa as well. for most of the bay area, no scheduled power outage tomorrow but red flag warning. rain or not, still hot topic is wildfires. in san rafael, a seminar how to harden your home should a wildfire come your way. >> look at space within five feet of the exterior walls, look for anything combustible, that you could put in campfire that would burn. >> reporter: two structures here set on fire at the same time. one on the left has tile and do at front door? can ignite. >> what you can do to your home to save yourself because the fires are coming tomarin. >> reporter:n streets of san rafael, confusion around the on/off again power is confusing. >> doesn't affect m

romaine: roku. cord cutting. if you think expedia is a disaster, take a look at roku.owed down. they also cut their full-year forecast. this was a company that was benefiting from the streaming wars. they were agnostic, they were the switzerland in the middle of the wars, the main platform where a few had this array of choices, you can get it all on the roku app. that growth rate has gone down. alix: looking ahead to disney, disney will not have to say what their streaming numbers are. they can wrap it into general earnings, which is a roku or a netflix. it puts them at a weird disadvantage in terms of being exposed to users or not. romaine: roku made a bake acquisition in the ad space. they're going to try to push ad space. speakingl be exclusively to roku ceo on bloomberg television at 10:30. romaine: i did not know that. did you know sarah jessica parker will be on the network? alix: is she the building? romaine: do we care about her? that has to be on streaming. sex and the city. alix: hbo plus. everything is on hbo plus. we just got disney for my kid. the third th

i'm just looking at shares of roku, ooh. they're down about12%.e'll take a break and find out what jim is doing with anything with roku today. here's what else is coming up. >>> the twitter trade. six years as a public company to date. shares selling off nearly 30% in the last month. and one firm slaps a settle rating on it. how should you play the stock in the desk debates in call of the day. >>> plus, more trades for you in unusual activity. john is tracking the activity in the options market straight ahd.ea the "halftime report" with scott wapner and the traders is back in two minutes. does your broker offer more than just free trades? fidelity has zero commissions for online u.s. equity trades and etfs, plus zero minimums to open a brokerage account. with value like this, there are zero reasons to invest anywhere else. fidelity. there are zero reasons to invest anywhere else. are all non-gmo, sundown vitamins made with naturally sourced colors and flavors and are gluten & dairy free. they're all clean all the time. even if sometimes we're not.

come on in, roku analyst beth kindig.tock is going up some more so i want two things. how high is it going and why is it going up some more? tell us, please. >> i have been long roku since its ipo. i covered it from 30 to 60 to 30 back to 100. it's a very choppy stock. the reason why, though, it's been so promising is because it capitalizes on an explosive trend called connected tv ads. the reason why it's so explosive is that for the first time, television advertisers have been able to use data to reach television audiences. the market and investors are very aware that data is powering nearly every industry. television advertisers have not been able to access data in order to target audiences until basically two years ago with roku's platform. stuart: so it's right now at about $140 a share, roughly speaking. where is it going to? >> it's going to keep going up, again, very choppy stock. there will be some pull-backs but very promising area, because of how big of an opportunity connected tv ads is. there's a supply and d

however, even though also roku -- many of the roku devices will not allow streaming as well, there'sompatible devices you can see at netflix to find out if yours is affected. what's also frustrating about this, stuart, is that they're not being very transparent about it. so you don't know exactly what devices will come to an end beginning december 1st. like three weeks away from suddenly, you loving watching something on netflix and then poof, it's gone. the good solution, though, find out if you are affected. if you've got to you can buy an amazon fire stick or get a roku device that's more current and you are out of pocket about 30 bucks. stuart: that's not the end of the world. what worries me is i'm going to need a new phone when 5g arrives, aren't i? >> yeah. keep, you know, i would not set the timer on that one just yet. 5g is very slow in this country and then we are encountering a whole new problem with 5g, which is the fact that the 5g signals from competing companies are actually canceling each other out. they are creating problems, especially in large urban markets and met

it's an ugly day for roku, the worst in six weeks.irst thing, this stock is still up more than on the year. you could say that it was priced. the third quarter was not perfect and they provided a somewhat disastrous fourth quarter. so relative to the quarter they just reported, account users group at less than what they were looking for. in addition, the earnings losses they presented was narrower. they beat but by less than they have been beating, in addition, relative to earnings, it was wider. so nitpicking, but the stock is up so much that investors want perfection relative to what's happening behind that earnings picture. you have the company saying that costs are going higher, investments and the recent company forof the for investing. but the forecast is missing by a mile, providing a range of 7 million to $12 million, a greater than 50% miss. we were talking about the streaming wars really heating up, disney will be unveiling disney bless -- plus soon. bob iger is up watching their programming and when you put those two compan

if you prefer, you can also watch it on youtube, apple tv, and roku. >>> a deadly hit and run in san jose, police need help finding the driver of this white truck. you can look at it there. it's a commercial sewage truck. the crash happened around 5:45 a.m. on old bay shore highway. the driver hit a man on his bicycle. that cyclist died at the scene. >> now to capitol hill where the last two witnesses testified in the public impeachment hearings. today president trump's former top russia expert discredited a conspiracy that it was ukraine that interfered in the 2016 election, not russia. >> this is a fiction being perpetrated by the russian themselves. >> that narrative is part of what president trump wanted ukraine to investigate, joe biden and his son. david holmes described how he personally heard the president ask about the investigations when he overheard a phone call between ambassador gordon sondland and the president. at the end of the day, closing remarks came from two california lawmakers. the house intelligence committee's top republican devin nunes. he called the proceedi

they're already on roku.t app on any roku device is apple app, says a lot about the roku platform. every streaming service has to make the play, cannot be restricted to one or two platforms, they have to be everywhere you see interesting concessions around those moves and around content that disney has on the app. disney will run ads for starz to get rights back for disney properties like "star wars" and marvel i think you'll see these moves as they try to get broad scale and content. >> ads are becoming a chit in terms of leverage, you see that in netflix, too. what's the calculus that allows you to run ads or i am going to or vice versa? >> comes down to how the companies see the primary monetization model disney it is not just the streaming service. they can get subscription revenue, then go to a theme park, go to a marvel movie you're not going to understand what's happening in a marvel movie unless you watched the disney plus series, which i think he also said netflix has one revenue base they have to ex

mike murphy, let me start with roku, we got out, i'm afraid on how it may react to earnings because iatile, what do you make of it? mike: anybody watching your show, if it's going to keep running to astronomical levels, maybe they will miss out on it. but with all the competition in streams it's more of a trade than long-term investment. a guest, beth, listen to her target, watch. >> it's going to keep going up into the right, again, pullbacks, but very promising area because of how big the opportunity of connect tv, supply and demand bottleneck, you can go well over 250 on roku. charles: $250 a share, another 110 points here. that sounds really enticing. mike: people are raising expectations, a lot expected from it, any sort of takeup on the conference call would lead to selloff, i wouldn't jump in front of earnings. charles: you bought uber today. mike: yes. charles: lockup, no one knows when they'll make a profit including the company itself, why buy it today? >> bought it today, i bought some yesterday and own some in mid-30's, here is the thing, 301 million active users, they wil

roku catches fire. you do need to have a constant stream of good news about streaming service to keep this one going. i don't know who's going to give that to us next, so i suggest you trim a little and buy it back later if you want to be that kind of trader. tyler in rhode island. tyler. >> hey, jim, how you doing >> i am doing well, thank you. how about you? >> i'm doing well. i love the show. >> i'm glad you like the show. a lot of people have been liething tliet liking the show. in san francisco they like heather gauge, they like katy spencer, whole staff is loved out there. go ahead. how i can help >> well, my question is with walgreens booth alliance wbba. >> yeah. >> i recently sold the stake in cvs with a nice gain and bought walgreens on the rumor of them going private. i'm wondering if you think this private deal will go through >> well, i think that it's a very expensive deal go private. i do think the stock has come down a lot. it was off very badly today. it yields 3%. it's down 12% for the

disney, roku roku roku roku we're out of things to talk about. >> people having a tough time gettingy plus. aren't they? >> it is not a joke. >> no, they out they had it alld out. >> i guess they weren't anticipating how much people want the product. >> profile of kevin mayer yesterday, whose nickname is buzz light-year internally, engineer by training >> there is going to be an interesting battle between three executives at that company to ascend to mr. iger's position when he steps down in 2021 and mayer is one of them. >> yes working on rockwell animation. >> yes the exchange today >> you read that stuff >> let's get to bob pisani and see what's moving. hey, bob. >> happy tuesday, everybody. 3093, the old high on the s&p. we're essentially there, maybe a point or two short europe doing well. asia doing well. japan, another big standout to the. indeterminate open here as we wait for the president here. semis up, a little trade materials, that's a good sign. utilities slightly on the upside ba banks, terrific run. all the department stores are weak, macy's, nordstrom's, kohl's on th

. >> and shares of roku growing. it spent more money to attract subscribers. stocks down 12.5%.ell roku still the first or second best selling ipo of the year also on the watch list of the year is disney reporting earnings after the bell today another record high before pulling back to where it is now at 132.50. taking a hit in the previous quarter. the new fox acquisition and lower theme park attendance. they may have rebounded this quarter because the new star wars has opened at disneyworld the streaming service disney plus launches next week, so the company can also say how many have signed up for that platform in advance >> on deck, the dremocrats look to take the impeachment proceedings live to the general public what investors need to know about what is happening in the capital as we connectd.c. to wall street when we come back. it nourishes and strengthens my joints for the long term. osteo bi-flex - now in triple strength plus magnesium. are all non-gmo, sundown vitamins made with naturally sourced colors and flavors and are gluten & dairy free. they're all clean all the

let's get a preview of roku.streaming wars. the company's revenue in the third quarter is projected to grow by 48% while losses expected to widen to 28 cents from a 9 cent loss earlier in the quarter. as the company invests in growing the employ base and facilities now, roku shares are likely to be volatile depending on how knows numbers come out, because remember the stock rallied 358% since the start of the year. but still down 21% from september. back to you. >> one to watch closely. that does it for "closing bell." >> "fast money" starts now >> live from the market sited overlooking new york city times square this is "fast money." i'm melissa lee. traders pete narjen. karen finerman and steve grasso. walgreen's in talks toth private. could these be other dow shake ups in the works if walgreen's gets the boost lafts in space analyst how do you value the space tourism company when nis

is the market doesn't understand roku yet.t something where it competes with the apple, the disneys, the netflix or is it just a platform? i think it's a platform but the market is still confused you know how much the stock is still up 305% year to date. this is not a broken story it's a broken story as of late the problem is with the volatility it keeps people signature on their hands >> it is a sell? >> sell. >> remember the game you have to say buy or sell. >> sorry >> stock number three. ralph lauren >> buy it's a buy it's the same story here better than expected beating, growing in augull segments this is easy because positioning is so negative >> qualcomm is the next one. it's spiking on strong earnings and what they said about 5g very optimistic for next year >> it's a buy. if you look at all the different segments that they are in and how they have been hit by huwei news, trade news anything that has been negative for the stock but lawsuits, dropped those. the stock popped about 60% a couple of months ago this is a 5g

i want to go to roku. shares are plunging as much as 17% after the video streaming company posted third-quarter earnings that missed analyst estimates. we will explore demand with increased streaming competition from disney and apple. we will be looking at that throughout the hour. also on the earnings front, i want to take a look at qualcomm. shares rose after hours on wednesday. chipmakerter the reported fourth-quarter adjusted earnings-per-share that did beat estimates. it also says fiscal first quarter revenue will be $4.4 billion to $5.2 billion. qualcomm also projected strong revenue with 5g technology which debuts later this year with samsung headsets. there's also wall street optimism for relationships with apple on future versions of the iphone and 5g. the latest from asia, coming up. for softbankn loss from investments in uber and we work. that conversation is next. this is bloomberg. ♪ taylor: california's attorney general has filed a lawsuit against facebook in a san court.co state the claims a

i look at pinterest through the lens of roku two advertising based models that have similar levels ofd similar levels of profitability. both are advertising based business models, i am confident over time they'll have much bigger margin, generate free cash flow over time. why i am comfortable recommending pinterest despite short term increase in expenses. >> cameron, same question to you. >> it is funny, they creased expenses year on year, indicated narrower loss as an estimate between 10 and 30 million, down from 25 to 50. scale of over a billion in revenue, losing 10 to $30 million this year is light, indicates the company is on path to profitability fairly easily in the next 12 to 18 months which is a different story than other tech ipos in the last few months. >> kevin, seems that ben silverman's personality plays in that >> we talked about this ipo day. >> he is not a hype guy, right >> no. >> the reality of increased spending as they try to expand to international markets, that hits you in the face you know, growth number being lower than you wanted hits you in the face. he is n

charles: been a rough earnings period for stocks like mcdonald's, twitter, match.com, roku.ld these hard times be our opportunity? could be time to buy these dips. i want to bring in to discuss, kingsview wealth management cio, scott martin, sure vest chief investment strategist rob luna. when you see names like mcdonald's, roku, which climbed off the canvas couple times this year, twitter, they have to look enticing particularly with the market at all-time highs. >> yeah. i agree. that is where you have to play going into year-end, charles. don't chase stocks up double digits or coming off a big up off earnings. we've been bottom-fishing. another one i throw in there, expedia. we picked up south of 100. looks like it will cover some today. looks like it will recover in the future. twitter we own too down here. to me, if you're looking getting aggressive going forward. pick ones down not up. charles: rob? >> scott makes a great point, charles. the market is bummingping up against the 31 level. i will add starbucks to the list. this is blue chip company a lot of people visit

you can binge watch our entire series on apple tv, roku and our youtube channel. >> here are the detailsyou can binge watch the entire series at your own leisure, all five parts. head to nbcbayarea.com/investigations. >>> downtown is looking more official. christy yam guj yamaguchi opened up her ice rink. she might win jealous of a blue manicure. we followed up on there. >> you talked about my blue nail. i did redo it. >> see? better match than me! >> i want marcus and laura to see we followed >> mike finished up the ceremony with a hot chocolate toast with yamaguchi. a portion pen her dream foundation which supports childhood literacy. that looks yummy! >> face plant that. >> it looked like a fun time out there. >> automatics a lot of fun. what is great is that the officials come out too and for fun. nothing negative or anything like that. it's family time. >> one positive. >> one more thing for the city. >> very nice. thank you for staying up late and getting up early. >> my pleasure. it was an honor. >> a week of fun on the ice. >> malou first time joining us. >> nice. good. finally t

also watch it on our youtube channel and if you have apple tv or roku, all five parts are there as well. >>> coming up next, many people gear up to buy holiday gifts, u.s. tariffs could force you to spend more on some of the most popular gifts. the trip planned by president trump with apple's ceo where some believe it's an effort to keep more money in your pockets. >>> if saving money is something you are trying to do, take a selfie while wearing a helmet. we will talk about the move from an escooter company to keep you safe and save you some money. >> b.a.r.t. is building a high speed rapid rail transit system to give you a faster ride than your automobile. >> more violence on the b.a.r.t. >> we spent mojnths riding and recording on b.a.r.t. to see how a world class transit system got derailed. >> i would argue b.a.r.t. is a very safe system. our hillshire farm craftsmen start the day slow-roasting turkey for incredible flavor. then, they double seal every slice for freshness. the results, >>> good morning. investors continue to struggle to shrug off concerns. they dealt with disappoin

older roku devices will also be impacted live from the nasdaq marketsite i'm jane king back to tha you jane. >>a historic week ahea at our nation's capital as the impeachment iniry into president trump begins a new phase. we'll have a closer look and after the break the close race for san francisco district attorney ernie is over one of the cdidates has conceded, we'll tell you which one and who's the newinner. here's a live look outside we've got o bay bridge cam or where boy that's holiday light isn't on this veterans day hardly any traffic heading intoan francisco and hardly any fog either will tan dave sp they say at a certain age you just stop caring i wonder what age th is. simply ageless with hyalonic complex. plumps and hydrates r your best skin at any age. from easy, breezy, beautiful covergirl. >>morning news, good morning, everybody and a this is the observatory nice blue skies at work or to see a lot of that all over the bay today and warm temperatureprobably the warmest we're going to see all week today, the us, the progress so far the lateas actually in the pack at about

streaming company roku, the company reported a loss of 22 cents a share, up from nine cent a share aosts to attract subscribers as the reason for the decline. roku also saying that disney plus is expected to launch soon on its platform. >>> taking new steps, away from the nuclear deal, iran will start injecting uranium gas at midnight into more than 1000 centrifuges at a fortified nuclear facility. chris harmer, a retired navy commander. thanks for joining us. i love the way you put politics to the side on this stuff. give us the straight scoop. what does it mean? >> it means iran is looking for a way out of the nuclear deal. what they really want more than anything is relief of sanctions. they're looking to back out of the nuclear deal as leverage to force us to to relieve sanctions. without politics, nuclear deal is bad deal. for number one they issued a torrent of cash to finance terrorism and improve nuclear capability without enriching uranium. because the senate never ratified the treaty, the american public never got a vote when the treaty would be extant long term. it is fall

you can also watch on our youtube channel as well as apple tv and roku. >> if you've brv been on a bartn weird stuff going on -- time table? >> it's going to get here once we hit tomorrow afternoon. so if you're driving around tomorrow could be slipping and sliding around quite a but. soyou want to rede as been, as we mentioned six months since we have soon this kind of rainfall unour forecast. there's a lot of oil on the roadways. just remember that when you are driving around tomorrow. we had this cold air system that's going to drop down polar air. we're going to see colder 30s ahead for our morning. bay area mountain snow and low sierra snow as well. i want to fast forward with things into the future cast. i want to know if it we're able to move this forward and i think we should be going pretty good wi with light to moderate rainfall through the north bay. er when the actual storm front moves across, the cold air is going to provide uplift and that's whyy around 5:00 to 7:00 tonight. peninsula, oos east bay and south bay. maybe small hail as the colder air starts to arrive. after 1

and roku app. >>> lines out the door.how a bakery in the south bay started its first day. >> it's not italian. >> it's portuguese. it's a spin off from a restaurant. the idea for the bakery came after the customers raised by the custard tarts. >> a wave of people and a line outside, so we tried to prepare as much as we could, but we kept on playing catch up all day. >> customers say the tarts ran out in minutes. now besides the tarts, the bakery has bread, pastries and coffee. >> portuguese, not italian. >> my accent is italian but the restaurant the portuguese. >>> we're back in a minute. ok, network inspection. -ok. connected to wifi, protected from threats. thermostat - connected, protected. speaker, space vacuum... [ whispering ] connected, protected. shh. eh, this is not connected or protected. but, t and, it's a family security connected, it's protected.h's pull the truck around. get more out of your in-home wifi experience with xfinity internet and ask about enhanced network security for all your connected devices.

. >>> we're ready to answer your questions next on roku, netflix and more "halftimrerte po" is back inwo and half minutes does your broker offer more than just free trades? fidelity has zero commissions for online u.s. equity trades and etfs, plus zero minimums to open a brokerage account. with value like this, there are zero reasons to invest anywhere else. fidelity. there are zero reasons to invest anywhere else. that's what happens in golf nothiand in life.ily. i'm very fortunate i can lean on people, and that for me is what teamwork is all about. you can't do everything yourself. you need someone to guide you and help you make those tough decisions, that's morgan stanley. they're industry leaders, but the most important thing is they want to do it the right way. i'm really excited to be part of the morgan stanley team. i'm justin rose. we are morgan stanley. for farmers here, this is our life's work. but when a recall happens, perfectly good food goes to waste. now, we've got away around that. looks good. we're on target. blockchain on the ibm cloud helps pinpoint a problem anywher

noon eastern roku shares are only up 6365% this year. >> in and out, in and out. looking for here is an outperform on revenue growth. that's what you've gotten in each of the last three or four quarters as far as what you do with the stock, i'll be on the show tomorrow, let's see how it trades if it responds positively tomorrow, i think that's a sign to buy more. i own some now i could own more >> good stuff. what about qualcomm? >> qualcomm, you could buy it and expect a good quarter. as an investor, i have a concern that there's very little on the litigation front right now and this stock, whenever the litigation horizon is clear, that's usually a time you want to lighten up on it. somebody is gearing up to sue them as a trader, i think you can buy it into the earnings. >> you're more of a trader than investor in roku, right? >> you're 100% correct i'll be on with you tomorrow it will be fun. >> i'm looking forward to it a lot to live up to. >> it will be an interesting day. >> final trades. >> final trade is delta and delta has been a volatile stock this year.

as the company invests in growing the employ base and facilities now, roku shares are likely to be volatile depending on how knows numbers come out, because remember the stock rallied 358% since the start of the year. but still down 21% from september. back to you. >> one to watch closely. that does it for "closing bell." >> "fast money" starts now >> live from the market sited overlooking new york city times square this is "fast money." i'm melissa lee. traders pete narjen. karen finerman and steve grasso. walgreen's in talks toth private. could these be other dow shake ups in the works if walgreen's gets the boost lafts in space analyst how do you value the space tourism company when no one is there to compare it to. reality check for the real real what a cnbc investigation uncovered sending the stock tumbling come on in the water fine. dow and nasdaq soaring to all-time highs as treasury spreads hit the highest level since july is the bond market signaling it's time to take off life jackets, jumping back into the record rally we mentioned the yield curve if you look to it 10-year yield 1

you can bing watch our entire series right now on our website, apple tv, roku, and our youtube channelr investigative team rode b.a.r.t. trains for months. they recorded what they saw, a lot of pretty interesting things on b.a.r.t. you can watch the entire series right now on our website, just go to nbcbayarea.com/derailed. >>> new at 6:00, orders for tesla's new cyber truck are pouring in. elon musk said today since debuting the truck on thursday, there it is, the company has racked up 146,000 orders. only costs 100 bucks to put your name down on one of these things. this is despite a publicity stunt went wrong. yeah, whoops. they can work on that. the cyber truck is tesla's sixth vehicle model since the company's founding in 2003. >>> an unexpected halftime show, you can say that again. the harvard/yale football game interrupted after protesters rushed the field today. the group was made up of students from both schools. they sat on the field protesting climate change. more students dacame down and joined in during the halftime. security escorted all of the protesters off the field.

binge watch or series right now on apple tv and roku and our youtube channel. >> and more details asentioned there. binge watch the series on our website. we tweeted out a link earlier and it is a fascinating look at b.a.r.t. and head to nbcbayarea.com/investigations. >>> developing for you now, anti-government protesters are still holed up at a hong kong university as the police siege enters the third day officers are waiting for them to come out and from the most intense protest, this is what the city has been able to see. all of this over the past few days. some protesters fire bombed police vehicles or used other weapons. about 400 protesters have been arrested and are facing serious charges and jail time. >>> new at 11:00, new government statistics show a drop in ill little crossings at the border but now we look at a growing humanitarian crisis. david gutierrez reports from mexico. >> reporter: it is a bottleneck at the border. a sprawling make-shift tent city in mexico. >> this is 100% a humanitarian crisis. >> reporter: more than 1,200 migrants that have been here for months

. > also after the bell roku topped wall street revenue estimates but reported a bigger net loss duehigher costs in video streaming unit. increase inctive accounts and average revenue peruser. shares initi ily dropped after hours trading. closed the regular session up about1% too 141.05. >>> the most important time limit of the year for retailers is just around the corner. and kohls which got an early start on the holiday planning is stepping up a notch. kourtney reagan i new york city tonight. ♪ >> reporter: department stores strugglepp to excite ss in recent years as mall traffic has fall. . amazon has grown and consumers turn to brands. competitors like jcpenney massy's and storesre but kohls leaned into the stor the vast majority of which aren't in the mall. even offering the amazon return service to drive shoppers inside. ceo michelle goss said the retailer is excited about the returns of amtzen driefgt. and return of new customers and accretive.t will be economically they know they have to offer consumer a reason b to after dropping off the amazon return. the department store i

our website, kpix.com or you can download the kpix mobile app and watch it any apple tv, fire tv, roku, xbox, play station, all of it is available there. we definitely want you to be able to tune in. >> very exciting stuff. all right, emily, thank you so much. >>> all right, one of the things we're going to get right now? how about the weather? because the wind is going to kick up and temperatures cool down. >> did you get a chance to enjoy the 80-degree temperatures today inland? >> yes, speaking of very exciting, so nice to have it this late in the game, right? >> glad you said that. >> i feel like it's almost christmas. >> this could be the last one. >> i was scared of that. >> let's show you the daytime highs today and then how different it will feel tomorrow. santa rosa 81 today. concord 78, san jose 75. san francisco 73 today. this was a beautiful mid-november day. and kind of what you would expect, right? this is what november has been except for a few hiccups. starting tomorrow the temperatures are going to come all the way back down to average. these are tuesday's daytime high

steve said he's not sure the street understands what roku is. >> i agree to some degree. it's up 300% year-to-date. it doesn't have a multiple it's expensive it's one of those stoings this environment that the market does not want any blip, any hair at all on earnings or guidance will fall and that's what's the theme attorney general's this go around is if you miss heaven help you because the stock goes down double digits >> i wonder if bob iger already subscribes to netflix and maybe subscribe to hbo max we'll ask that an interview with bob iger >> stocks on pace for another record close where should you put your money to work now. >> later the ceo of amc entertainment will join us to break down his company's earnings and martin scorsese criticism of marvel movies. he'll be right back. servicenow put our workflows in the cloud. this changes everything. you're right sir... everything. no not everything, i mean you're still blatantly sucking up to me gbrillian. always three steps ahead. six steps ahead. sixteen. so many steps. you done? a million steps ahead. servicenow. w

. >> concted tv ads such as those on hulu or roku are expected to grow 40% this year to $7 billind toin four years according to marketer. while hulu's is disney's bet on the digital ad mechanic. nbc universal will launch its add supported play peacock next year. for "nightly business report" 'm julia boorstin in s francisco. >>> julia mentioned comcast in her story. as you know, comcast is the parent company of cnbc producing this program. > t-mobile ceo is reportedlyg goo stay put. that's where we begin the market focus. asy first reported cnbc, mobile's skeeve executive john lerj is not taking the top job at we workla as sped early in the week. t-mobile is waiting for the acquisition of sprint to be approved by state attorneys general around the country. t-mobile shares ros more than 1.5% to 78.07. >> strong online sales helped alibaba chief rival in china jd.com top wamz expectations. the chinese baseder it company has maintained solid growth in the industry despite the ongoingh trade war w the united states. shares fell a fraction to 33.5 a. d jcpenney reported a smaller thanos ex

and then you have oer wares like hardware and the streaming hub like roku and even comcast playing in advertising space. and might be a player as well.it going to be compartmentalized streaming wars is what we like to think about that. >> tuna thank you very much. tuna hamobi w cfra research. >> thank you. >> coming up home buyer confidence is buckling. we're telling youhy more people think this might not be the time to by a hom ♪ ♪ ♪ ♪ >>> shares of toyota climbed to a 4-ye high as the japanes auto maker post-ed better than expected quarterly earnings. more importantly, unlike other japanese auto makers toyota is not cutting profit phoutlook. lebeau tells us why. >> with americans driving more pickups and suvs these are tricky times for japanese auto makers who sell a sable number of cars. but toyota has been able to ride out the shifting tastes of americans thanks to a full lineup ofrucks and suv helping the auto maker post better than expect earnings for the recent quarter with global revenue rising almost 5%. more importantly, toyota n has lowered its full-year profit forecast as

notable companies scheduled to deliver earnings today include cvs, wendy's, roku, expedia, and canada on wall street the dow and nasdaq closed at record highs yesterday led by oil producers and big banks. blue chips rose 30 points. the s&p 500 shed 3, the nasdaq gained a point. >>> at&t will pay $60 million to settle allegations it misled customers of unlimited data plans by slowing down service for heavy users. the federal trade commission said at&t will automatically provide partial refunds to customers who signed up for unlimited wireless plans before 2011. the agency says at&t is required to make it clear to customers if data speeds are restricted. >>> the fcc cleared a deal allowing t-mobile to merge with sprint. the $26 billion deal was approved last months and will create a new mobile carrier expected to rival verizon and at&t. the merger was praised by republicans, while democrats say it will shrink the number of providers and reduce competition. the deal could still face a legal challenge by state attorneys general. >>> and american girl has announced a new holiday collector

one table down >> and by the way, ralph lauren, great, roku not great.ought that the panel you had with obama, okay, and trump was amazing. i don't know why you didn't get the pope >> we're working on it we're working on it, jim >> that's an easy -- why can't you get that done? >> if i get you, i got you, if i get you and the pope -- >> nobody should do another conference, conferences are done after that conference. it's over? that's very kind you say >> it was up believable. unbelievable. >> very kind you gay how come you are not as good as andrew? i said, okay, okaying i'm working on it. >> let me ask you real quick, we had mr. kenny on earlier from nielsen. you saw that company is splitting. >> yeah, thank heavens for elliot. >> what do you do there? >> if elliot's there, you want to buy it. there is -- elliot is so good this year. they are so host they are improving every company they touch. they are you know the one mistake that i think singer made? >> what's that >> i didn't see him at your conference, or did he get back. >> it's true it's true. >>

. >> amazon, google, microsoft, roku, usual suspects. >> a lot of the conversation about the streaming they have come out with a good price point and also so many players, though, when are we going to know who is winning and who is losing in this thing? >> that's a great question, a lot of people like to think about streaming war of one huge battle and we would like to think of streaming war as multiple battles playing out on several fronts, subscription base, you know, platform where disney will be a key player with netflix, and you also have sports where espn is already winning and there you have the likes of which comcast are talking about, and that's not an area that disney is focused on but hulu is trying to reinvent itself to make itself more, you know, more attractive and we heard iger articulate, hulu will be official streaming home of networks and huge load of content to kind of, you know, to get at trifecta bundling strategy. maria: you make a good point, you are seeing all of the spending, netflix will spend more money than they have in the past, $15 billion on original cont

and if you have apple tv or roku, all five parts are waiting there for you as well. more talk about adding another bridge in the bay area. senator dianne feinstein and east bay representative mark desaulnier want to build another bridge across the bay. it would likely be located south of the bay bridge linking highway 238 in san lorenzo to 380 near sfo. it's an idea that's been tossed around for decades. in fact, for the last 80 years. but this new push comes as local leaders are working on a mega tax measure for the 2020 ballot. >>> art imitating life and the struggle of dreamers. immigration highlighted on a south bay stage for the next two weeks. the play shows the struggles of undocumented immigrants. >> one of the lead actors is an outspoken dreamer who plays himself. nbc bay area's ian cull has the story. >> reporter: a national issue as seen through deeply personal and local accounts. 17 san jose state students are opening a new play called "dreamer project: an undocuplay." focusing on undocumented immigrants and the experiences they've endured. >> because i'm

they still got a chance it's roku what do you think i mean taking the rugby world cup title that could mean for south africa coming slightly as the underdogs perhaps well it is a massive thing for south africa mainly because people remember they won in 2007 but they also won in 1905 relatively recently after the end of apartheid and people have seen the film invictus might remember nelson mandela there with the captain francois pienaar holding up the webb ellis trophy and mandela really used that to an inside africa to bring the races together in the rainbow nation he was there in the springbok jersey which up until that point had only been a symbol of white south africa and nelson mandela really showed his kind of conciliatory element of his character with that great performance in in johannesburg and what will make this extra special for south africa if they can somehow do it is they have a 1st male black captain c. of police e now he has come from a very humble background he was actually born a day after the apartheid laws were 1st repealed in south africa in 1901 and he comes from

latest quarterly results did top expectation, the stock down 13 and a half percent, here is why, roku'smore than doubled as companies sent more money to increase the number of the subscribers, so the year looks much better, roku shares are actually up more than 300%, that's parent of our company, fox business reporting better than expected earnings thanks to higher fees coming from affiliates, revenue rising 5% from a year ago, fox announcing buybacks. google is considering changing political ad policy, wall street journal reports google has been holding internal meetings of potential changes, twitter would stop accepting political ads later this month, they are trying to figure out as we push closer to 20, how the tech giants deal with the influx of advertisement. maria: twitter has pushed back saying we will not take any of those ads. >> makes sense what google is looking at after we chatted last week, after mark zuckerberg couldn't answer almost anything on political ads, seemed clear to me that facebook is becoming more the outlier, there's a higher probability that they become more

go to -- if you have apple tv or roku, it's there waiting for you. >>> ditching fit bit. goog google customers say they're concerned about their privacy. >> i talked to one man who was so concerned about his health information being shared, if he received a fit bit for christmas, he would sell it on ebay. fitness trackers track how much you weigh and eat and how much you sweep. some decided to take off their trackers and start shopping for a new brand. they're concerned google will sell their personal health information. >> google, they make their dallas off of our information. >> some have taken to twitter to voice their concerns. tanya janica wrote, i don't want my data transferring to google. with acquisition of your company, i will sell my fit bit and delete my account. some wonder if the company will share the inknow with insurance companies or other groups. >> you have somebody that has a particular kind of behavior baked into their dna. that behavior is selling personal information, it would be unwise for you to trust that entity, unless you knew they had changed t