ultimately, the question is valuation of roku. i have trouble in this environment buying a lot of these high multiple stocks either the ones in the defensive. but ultimately, if anything, those are the stocks that are setting you up for not only significant disappointment in terms of their comps that which was defensive today, doesn't have a motor around it tomorrow have you to be careful about chasing those stocks in the middle of this i think netflix is one of those, i've already said that that had a big day today >> good conversation there on roku breaking news, that stock up more than 9% you know what was not up today that was oil despite an historic and record production cult agreed on. earlier today, we had the opportunity to do a long interest view with the saudi energy minister. he hardly gives any interviews we had one there are stocks that are up over the past year baron's laying out 12 of them. which of those names, look at all the names, does our investment group think could be 'ldi-byes from here to come. wel g into t

roku is an ad-based model and that's why roku has underperformed netflix and i would still continue to sell roku i would average out of netflix at this point and i would not be a buyer necessarily of roku. >> okay. steve grasso there, thank you very much. >> all right coming up, we'll move off technology and on to consumer products and procter & gamble reporting before the bell tomorrow, we'll reveal why a big jump could be in store for the stock to talk about what guidance they may provide and of course, do not miss our continued special coverage of markets in turmoil, that is again, tonight, 7:00 eastern time right here on cnbc. we'll be back with more "fast money" right after this. sometimes the challenges of today's world make it tough to take care of yourself, that's why you can rely on nature's bounty... to give you the support you need... to stay motivated keep active and sleep well. add a little more health to your day... with nature's bounty. >>> welcome back 22 million, that is how many americans have filed for jobless benefits in just the past four weeks and that can affe

of watching it in standard definition now on that news to roku saw a 10 percent jump in their stock price and added more than $1000000000.00 to their market cap despite saying that the company could lose as much as $60000000.00 in quarter one of 2020 and that's it for this time you can find the brand new portable t.v. smartphone through google play and the apple app store by searching portable t.v. or streams to your t.v. by downloading the portable t.v. app on apple t.v. and as i just mentioned on roku devices you can also find our coronavirus tracker on the portable t.v.'s where you can get the latest news and information about the spread of the virus and as always check us out on you tube dot com slash boom bust r t c n x that. song . on the stand could you let them. put you. on their desire to know. how much older. she still lives. yes we'll simulate show that's a wish there was. this thing will push. me assure. you but it's not the contents of thing it will not on my level so there is 2 more stability. with us here at the core it is just. one on one with frank luntz one of the

of watching it in standard definition now on that news to roku saw a 10 percent jump in their stock price and added more than $1000000000.00 to their market cap despite saying that the company could lose as much as $60000000.00 in quarter one of 2020 and that's it for this time you can find the brand new portable t.v. episode smartphone through google play and the apple app store by searching portable t.v. or streams to your t.v. by downloading the portable t.v. app on apple t.v. and as i just mentioned on roku devices you can also find our coronavirus tracker on the portable t.v. app where you can get the latest news and information about the spread of the virus and as always check us out on you tube dot com slash boom bust r.t. so you next that. because you. want to be done. you know there are tracks in the wired. music he will turn you. anywhere near. conditions on the i mean 67. there's you know they've been locked up in a cage outside you see no protection from the weather the sheep you know the courtier the rain the snow the funder nothing they have no protection. to get you.

of watching it in standard definition now on that news to roku saw a 10 percent jump in their stock price and added more than $1000000000.00 to their market cap despite saying that the company could lose as much as $60000000.00 in quarter one of 2020 and that's it for this time you can find the brand new portable t.v. episode smartphone through play and the apple app store by searching portable t.v. or streams to your t.v. by downloading the portable t.v. app on apple t.v. and as i just mentioned on roku devices you can also find our coronavirus tracker on the portable t.v. app where you can get the latest news and information about the spread of the virus and as always check us out on you tube dot com slash boom bust r t c n x that. actually has a real survival. lesson learned. let's say i'm the. grease 9. thank you for. the story that's right. oh it's the 1000 pandemic change the international system the u.s. training relations been altered and is the west experiencing buyer's remorse would be the safest. south to manage. that's. just to. show. them we'll push it. puts. you put it

ipo, roku is up 663% relative to some of the other streaming.analysts are saying that while user growth is up, the ad environment is very weak. roku may not benefit financially given that user growth may not stand site -- may not translate into more ads in this environment. i want to talk about the increase in accounts. userte the strong additions, growing uncertainties about the timing and shape of an economic recovery in 2021 suggests a more cautious outlook for 2021 u.s. advertising growth. i want to take one more look at another chart showing roku stands to benefit from the overall landscape of shifting from traditional cable the streaming. that is a positive. vonnie: taylor riggs, thank you. a little bit of breaking news. former president barack obama has endorsed joe biden for president. this video coming out in the last few minutes. in the video, which we will play you very shortly, he says "joe helped me manage h1n1 and prevent the ebola outbreak from becoming the type of pandemic we are seeing now. he helped me restore america's standin

and as i just mentioned on roku devices you can also find our coronavirus tracker on the portable t.v. app where you can get the latest news and information about the spread of the virus and as always check us out on you tube dot com slash boom bust r.t. so you next time. this is called the 1000 pandemic change the international system. relations be altered is the west experiencing. what you hate you this is. the lead in the police to a phone 5 a can be seen usually from the police lieutenant. to take a small ships walk off the next you don't. get a solution sick the. sort of the. thinking of getting a coupon the ones we've gotten here shows no problem was we didn't know until he was trapped in this tiny little wired how much are we going to need a crate with him he will just stir freaking out and she won't let us bring him anywhere near. breeding dogs or caged in in human conditions on puppy farms i mean 67 years you know they've been locked up in a cage outside you see no protection from the weather the heat you know the cold air the rain the snow the funder nothing they have no pro

that put roku's stock up, i can't quite read that. that is 8%. $8 higher that is roku.s morning we had some light at the end of the tunnel stories out of europe but i think we're going the other way with germany. ash, give us the update on german situation. ashley: yes. leading health institute in germany says we have not contained the virus in this country. now they have seen a flattening of the curve but they believe that is because testing was declined over the easter period. they have had 125,000 cases, positive cases reported in germany. but only close to 3,000 deaths a lot less than other countries in europe but the health officials in germany, they were not out of the woods yet. angela merkel, the chancellor will meet with regional leaders around germany tomorrow to try to find a way to come up with a plan to reopen the economy but the word out of germany is, don't go too quickly. we could have resurgence of the virus. maybe not quite as optimistic as we've seen in other countries that are starting to slowly reopen the economies, stu. stuart: am i right in saying

and roku is up a little less than 30% upside now.nally, twitter downgraded today to neutral by jpmorgan this is an interesting call. they gave it a $29 target. they believe twitter's risk/reward is less attractive at these levels and near-term decline could be steeper than competitors given its heavy dependency they say twitter will also face ad system challenges in a downturn twitter shares is just under $27 today, down 3% >>> well, as the debate over who should get a bailout continues, expedia and iec chair barry diller weighing in on the topic earlier today, saying no one should be left out >> you drive down streets and you see big cities, small cities, and you see nothing is open they are ghost towns the damage that is being done every day is enormous. everybody needs to be bailed out of this one thing. and we'll worry about paying the bills later. >> well, many of the big retailers being left out of government help and struggling to pay their bills right now courtney reagan is here with a look at who isn't getting government ass

in the meantime, streaming giants roku and netflix racking up big wins, too. roku racing ahead after beating first quarter sales estimates fueled by spiking stay-at-home demand. and look at netflix, up 4.5% there. hitting fresh 52-week highs after bank of america securities raised its price target on the original "tiger king" of content to $460. we're at $414 right now for netflix. roku seeing a gain of 10.33% to $106. >>> one of the biggest names in live sports, not wanting to be left out of today's rally. the essential move that has wwe shares laying a smackdown on covid-19 fears heading into the close. "the claman countdown" is coming right back. america's oldest lighthouse has weathered many storms. seeing the break in the clouds before anyone else. together, we'll weather this storm. i've always loved and i'm still going for my best, even though i live with a higher risk of stroke due to afib not caused by a heart valve problem. so if there's a better treatment than warfarin, i'll go for that. eliquis. eliquis is proven to reduce stroke risk better than w

what do you think about roku do you think -- >> i think roku is good.hat cord-cutting feel that i like i'm going to say okay. >>> let's go to brian in florida. brian. >> caller: jim, booyah how are you doing, man >> i'm doing well, thank you >> caller: doing good, good, good i've been a long-time listener of your show, good advice. been listening since i was 11. look, i'm a young investor i'm long-term. i believe in every pfrl you have to have a cornerstone. my thing is the insurance industry haven't heard a lot about it however, a long-term player of the industry, brown and brown. >> do you really trust the stock whose symbol is bro? i have to ask my buddy, mr. reinsurance. when it comes to the insurance business you know i'm a chubb guy. look no further than greenberg i loved that interview it would have been postponed would have been hopping mad. >>> let's go with sheila in new york sheila >> caller: hi, jim >> sheila, what's happening? >> caller: i'm down in westchester. >> there you go, what's going on >> caller: well, looking forward all day to "m

roku shares up 12% pre-market.back after this >>> stocks looking to mount a tuesday turn around as investors remain on edge about the coronavirus. several states launching new plans to reopen their economies after the outbreak but president trump arguing that he calls the shots. >> when somebody is the president of the united states, the authority is total that's the way it is going to be the governors know that. >> earnings season kicks into high gear as investors prepare to learn the impact of the covid-19 crisis. it's april 14, 2020. you are watching cnbc. welcome back i'm dominic chu live at cnbc global headquarters kicking off with a possible turn around tuesday after stocks pulled back after last week's historic rally. the best week for the s&p 500 since 1974 futures pointing to some gains 335 implied opening for the dow. and s&p roughly 39 points and nasdaq higher by 125 points as well watching actions in dow futures, it has been positive but we've moved towards a lower end range. 305-point gains for the dow

. >> okay, let me run through one more quickly it's jim lebenthal, it's for you, it's roku price targetosition to benefit from the proliferation of streaming content and a resulting shift in television ad revenues from linear to digital. >> yeah, the tug-of-war in roku is whether you actually value it or just ride the momentum. for years, since it's gone public, it's been momentum and right now, it's still momentum i just don't think that the momentum is very powerful. at the last earnings, it really broke down and broke down hard i would like to see the next earnings report before deciding that the momentum is back for it >> hasn't it always been like momentum it's like, it's like tug-of-war. it's like a sue moe wremo wrest bantam weight fighter on the other side in other words, no contest >> yeah. i can't value it i think it's 11 times this year's sales i can't do anything with that from a valuation point of view >> yeah. nonetheless, it is their top pick all right, leave me with -- it's a momentum play, yeah. lizzie, leave me with a final thought, if you would. what will you watch fo

roku shares are higher this morning. company expects first quarter revenue to be higher than the previous quarter. that's with an increase of 49% increase in streaming house. the sorkin family, i can tell you, has helped -- at least was one of those, becky. >> we had one before so i don't think we were one of the new accounts. >>> in the meantime, amazon has confirmed to cnbc that it will soon allow third party merchants to ship nonessential items to its warehouses once again. since mid march they have been prioritizing essential products including household staples and medical supplies a spokesperson told cnbc they would continue to limit the quantity of nonessential goods to meet the demand for priority products. >>> still to come this morning on "squawk box", wework has stopped paying rent especially in new york city who will pay the biggest price for the decline? robert frank will have the story. >>> jeff blau is back on the related real estate market and senator marco rubio will have the coronavirus pandemic report

speaking of withdrawing guidance, roku withdrew the guidance and roku trading up finally banks kicking off the earnings season. the key thing is big reserve bills for future loan losses from jpmorgan and wells fargo. not a complete freakout. the stocks started up. down modestly right now. not a bad start for earnings season a lot of bad news priced in. jpmorgan down almost 30%. >> i agree i want to go back to johnson & johnson for a minute some might say, look, this stock is unique because it's health company at a time when that bull market is helped by coronavirus. do you think that it's more significant though there's something of a deeper takeaway from the fact to issue guidance and raise dividend? >> yeah. so the guidance is about 5% lower than they had guided previously i think that's fairly remarkable, very good news it goes to the strength as a consumer company and obviously they're benefiting from that, aspects of the coronavirus benefiting johnson & johnson i think any company that can get the hand around a full-year guidance on a global scale like johnson & johnson is terrifi

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are, you can see the live newscast and weather wherever you are on apple tv, android tv, fire tv and roku. just search abc7 bay area and download it for free. >>> coming up at 6:00, governor newsom is promising new details tomorrow about re-opening the state. tonight, we examine what he may made in not allow. with so many people stuck at home you'd think we'd be inundated with unwanted sales calls. michael finney investigates why that hasn't been the case. >>> the international airport at the time of covid-19 is a ghost town, all coming up on "abc news" at 6:00. >>> finally, a family found a unique way to take all the trips they had to postpone because of covid-19. >> melli woodrow has the story. >> reporter: if you were ever told as a kid not to draw on the walls or ever told your kids the same thing you might have a hard time wrapping your head around michelle bell's dining room. >> i do a lot of things i think a lot of parents think i'm insane for doing. >> reporter: even bell's own kids thought, really, mom? >> i was thinking she was crazy. >> reporter: crazy for creative, you decide.

jim, coming back to you from david asking about roku. roku anyone? what do you do >> i told you at the beginning of the year i wasn't going to trade it on momentum but see if i could value it at this price it is still just overvalued and i saw the good news the other day but i would like to see it closer to six times sales before i fathom the value of it. we are way above that right now. >> steve weiss from john in austin, what about micron? >> i love mike ron i added to it recently their numbers are good dram prices are moving higher. one to own for now an hold through the cycle. >> all right john from jerry in san jose, dr. j, with all of the uncertainty of corporate earnings, can investors use the implied move on the options chain or make no sense right now? >> no, it always makes sense, scott. because they're basically pricing in more volatile moves mean wider swings in the market so virtually everything we look at has wider swings projected either just one week out, scott, or three weeks, four books out witness you get further out on the curve t

breaking news, weather and more with our new abc 7 bay area app on apple tv, android tv, fire tv and roku. all you have to do is search abc 7 bay area and download it for free. we will be with you wherever you wish us to be. stimulus checks are on their way out. what happens when they don't get into your bank account. michael finney is answers questions from people as far away as south carolina on this. the results of the large scale study of coronavirus patients and the health factors they shared most up until now. there's new interaction tonight. people we spoke with today fell into one of three categories, see if you're one of them. that's all coming up at 6:00. >> first responders are usually the ones getting the thanks and gestures of appreciation for all the work they do. >> and they deserve it, today they're the ones expressing gratitude toward a different group. >> have a good day. thank you. >> thank you. >> isn't that nice? >> yes. >> it was a surprise show of support for those on the front lines of the battle against covid 19. central county fire, the san mateo county sheriff's

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breaking news and weather and so much more with our abc7 bay area app on apple tv and fire tv, as well as roku. search abc7 bay area and download it for free. >>> as the economic impact of coronavirus gets worse, one napa winery is giving back its federal relief funding. >>> two local girls with serious business skills are using their talents to help medical workers. >>> an important announcement from kgotv. the digital frequency will change. if you watch abc7 with an antenna, you need to mark your calendar and plan to rescan. on april 29th, grab your remote, go to the menu, select set up and choose antenna and then channel scan or auto tune. your tv will do the rest. it's that easy. make sure you can keep watching just like covered california teammateshelps you finder find a way to win, health insurance you can afford. they're the only place you can get financial assistance to help pay for health coverage. plus, this year, the state is providing more help than ever before. and because a new law requires californians to have health coverage or pay a penalty, covered california has made it easi

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roku reporting an acceleration in new account growth and viewing.49% in the first quarter. now oppenheimer increasing its price target on the stock on that news, but rbc lowering its estimates and price target in the wake of roku withdrawing its full year guidance and needham lowering its estimate on ad loads following with narrower group of advertisers shares are still down b about 20% year to date back to you. >> julia, thank you. and dan nathan, four minutes until the close. just looking at some of the action, it's pretty positive another sharp up day despite as dave mentioned that decline in crude oil, down 8% energy is the only sector lower. you were bearish going into this whole market crash we saw in march. are you surprised at the paid speed and the sort of magnitude of the bounceback we've seen so far? >> no doubt about it i mean listen, i was on fast money on march 23rd, the day we closed at the lows down i think at the lows, it was 35% from the february 19th peak and i just thought things got a little overdone in my 25 years in the busine

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jim, you know, it's -- >> but roku was spared, david. >> yeah, roku. no problem there >> the blue chip of our era, david. roku >> we are going to talk with verizon's hans vesberg after a short break, and we'll get to some of these calls on netflix, a o example, as goldman goes t street high for 90 back in a minute the street." verizon this morning announcing a deal under which it will be acquiring blue jeans network that's an enterprise grade video conferencing and event platform. perhaps a well timed acquisition. price tag not announced, although hearing it perhaps is around the $400 million range. let's brin in hans vestberg, the company's ceo, who joined us about three weeks ago, of course, to talk about the ever evolving landscape in terms of our economy. hans, always good to have you. and let me start off with this morning's acquisition. was it something you had planned previous to the crisis or is it a result of the crisis >> we actually started to have a conversation with blue jeans almost one year ago. customers going on this digital transforma

and roku devices as well you can also find our coronavirus tracker on the portable t.v.'s where you get the latest news and information about the spread of the bars and as always check us out on you tube dot com slash boom bust our to see you next time. in our market which i think is a great market to give an indication of where prices are where they're heading the fact that fine art of something and other auction houses has gone up dramatically over the past 10 or 1520 years spectacularly so it's not reflected in the price some bread. and now it's starting to be that way so that inflation that we saw in the high end products is down going to end up being in the staples like wheat bread food chicken i just saw somebody post an image of a chicken for sale somewhere that price was a 100 percent. humanity is on the edge of a precipice thanks to continuing destruction of the natural world. you just seem laid out a lot of bills lots of. losing much of a later period of. less than nothing you can hold up. the bill you. got over the war. or the. only dealing in muslim lands as a

and roku devices as well you can also find our coronavirus tracker on the portable t.v. up where you get the latest news and information about the spread of the bars and as always check us out on you tube dot co flashbulb i start to see you next time. thinking of getting a new puppy once we got our ships no problem why is he didn't know what he was tracking this time you know why are we going to use a crate with him he will just start freaking out and he will want to spray them anywhere near and thousands of breeding dogs or caged in the into maine conditions on puppy farm i mean 67 years you know they've been locked up in cages outside you see no protection from the weather the heat you know the cold air the rain the snow the funder nothing they have no protection. but you know you. get to kids. across the u.s. crude puppy mills are supported by dog shows and pet stores most of the puppies that are coming from these large scale factory farming kind of operations are being stolen at stores even joined a good businesses are involved like ogling mom santa there has been a

and roku devices as well you can also find our coronavirus tracker on the portable t.v. app where you get the latest news and information about the spread of the bars and as always check us out on you tube dot com slash boom bust our to see you next time . comments of 19 pandemic changed the international system u.s. training relations been altered and is the west experiencing buyer's remorse would you say. thank you because he. or she. said you know what. happened this time you know why are you going to use a crate with him he will just. freaking out when it's pretty even anywhere near. breeding dogs or caged in the conditions on the phone i mean 67 years you know they've been locked up in cages outside you see no protection from the weather the heat you know the cold air the rain the snow. they have no protection. you. know it's a kid. across the u.s. crude puppy mills are supported by dog shows and still most of the poppies are coming from these large scale. factory farming kind of operations are being sold in stores even joined by good businesses are involved like ca

and roku devices as well you can also find our coronavirus tracker on the portable t.v. up where you get the latest news and information about the spread of the bars and as always check us out on you tube dot com slash boom bust our to see you next time . don't miss. the really p.c. sometimes it can be seen as usual you won't believe who's going. to take the stay cool shots off the seat next don't. you assume i should say. thinking of getting a coupon the ones we got in here she's not alive as you know and he's trapped in this town you know wired you don't need a crate with him he will just start freaking out and he won't let us pretty much anywhere near thousands of breeding dogs are caged in the interview lane conditions on the phone i mean 67 years you know they've been locked up in cages outside you see no protection from the weather the heat you know the cold air the rain the snow the founder nothing they have no protection. if you're lucky you. get 2 kids. across the u.s. crude puppy mills are supported by dog shows on pet stores most of the puppies that are coming

and roku devices as well you can also find our coronavirus tracker on the portable t.v.'s where you get the latest news and information about the spread of the bars and as always checks out on you tube dot co slash boom bust arctic sea next time. is you'll media a reflection of reality. in a world transformed. what will make you feel safe. isolation full community. are you going the right way or are you being led so. direct. what is true what is faith. in the world corrupted you need to descend. to join us in the depths. aura made in the shallows. has changed many american lives but pharmaceutical companies have a miraculous solution. based drugs to people who are chronic pain and believe that their opiate prescription is working for them on the remedy be sensitive to the price that they pay closer dependency and addiction to opiates is the long term use that really isn't scientifically justified and i'll study actually suggested that the long term effects might not just be absence of benefit but actually that they might be causing long term. happens only in this is ameri

xfinity xfi can because it's... ...simple, easy, awesome. [ barking ] maria: welcome back, so roku seeing bump in business, the company adding 3 million accounts as americans remain in place due to coronavirus. streaming services across the board are seeing increase in viewership. netflix reaching 52-week high and stock surging up 7%, stock up again this morning 1% on top of all of that. you saw the same thing with zoom, jon hilsenrath, you got certain companies there that are really very well positioned to benefit from stay at home orders. jon: we seem to be seeing that. i want to throw a proposition to the rest of the panel which i noticed is all women, the stay at home part and streaming part is much harder on men than on women. there's no sports anymore. i'm tired of watching old series and old super bowl. i don't know how you feel about that. dagen: jon hilsenrath, i love you but that's sexist because that assumes that women don't watch sports and i watch as much sports like anybody on the planet. boo on you. jon: you watched the tiger thing. all i do is watch sports. i don't want th

when disney plus first launched over two-thirds are positive on the stock and it's worth noting that rokuving higher today on that bullish sentiment. now up over 3% kelly, back over to you. >> thanks. tyler. >>> thanks before the coronavirus was declared pandemic, disney really seemed like the most magical company on earth the stock has since plummeted by nearly 30% as one by one, parks, cruises and movie business decline because of the virus with the media giant scrambling to figure out its own survival strategy, the chairman who was set to leave disney on top is back to fight for the company's life, so writes our next guest joining us now is ben smith. raid your fascinating story last night. take us through the narrative of what happened and when to bring bob iger, who has been one of the most successful ceos back into the game. >> did we lose ben smith it's a fascinating article that as i'm sure you read describes the process there and actually says that now disney, one of things i want to ask ben if we get him back is he says, he's good to go, this idea that disney is fighting for its

guess is question is tech really going to lose dollars of the pie which seems unlikely people think rokuing to benefit from the shift based on where the eyeballs are. is amazon going to pick up ad money that facebook and google might be losing out on >> amazon is the darling up nearly 30% year to date my thumb is sore from pressing my amazon app as i'm using it so much in chicago. i look at microsoft, too let's not forget about microsoft on wednesday and i know facebook came out talk iing about compet wg the video conferencing. microsoft has teams so they can share the market but facebook, that statement we just saw is really interesting because now, if you look at facebook and messenger potential, it's ten types the size of zoom i know people get excited about zoom on on it right now, but at the end of the day, we're going to see a lot of focus on this tech sector and i think you still need exposure. you have to own these names in that broader swath etf >> thank you, sir. >>> tyler, my personal favorite so far is google meet, actually, not the hang out google meet. you don't get timed o

when these five stocks move like this, everything will move everybody is looking for good news today roku suspended their guidance. that's not good news they also had good number on their earnings and highlighted new account growth the stock is trading up. that's a path people are looking at suspending guidance reserve building moves could be meaningfully higher in aggregate over the road we took. i think that's a welcome bit of reality about what the future losses could be. jpmorgan still down 30% from where it was in february back to you. >> i'll pick it back up. yields have been holding steady. let's check in with rick as to why that is the case tell us. >> yes, that is the case some time steady she goes is a good thing how good of a thing is it? let's put up a chart the reason i pick the 25th of march is you can see even though we're hovering in the 70s like nuch much of the music from the beegees is we're starting to get a lot of positive talk we understand we're not on the sunny side of the coronavirus. many people understand there's a lot more that needs to be done and testing. in

boozy brunch enabled by zoom now, i was viciously overserved last sunday, even though i'm living alone roku is the best platform to watch all of your streaming services we need them now more than ever. they were created for this ever. and let's look at what's working outside. tell la. -- tesla big winner the ev space. tesla is a rare winner a sea of losers it's the auto stock that's safe to own here. if you are starved for income, look to the companies that just boosted payouts. we saw some nice boosts from proctor and gamble costco, more on those later. next up, china is making a comeback, and you know what? ali baba, it's a must buy. chinese amazon doing incredibly well here. and the stock refuses to quit. china is open for business but people are still wary, so they're going to ali baba. i hope they stop going to wet markets. it's the only chinese stock i'm recommending there are a bunch of other names, too i like chewy, the pet food online same thing with peloton, although my wife still has the clothes still hanging on it. she moved out to the hamptons a long time ago. and the cybersecu

out on the street today including some on netflix, another downgrade of deere, stuff on square and rokund other names as well. we're back ia men mont life isn't a straight line. and sometimes, you can find yourself heading in a new direction. but when you're with fidelity, a partner who makes sure every step is clear, there's nothing to stop you from moving forward. stay-at-home -- >> when you say my authority, the president's authority. it's not me. this is -- when somebody is the president of the united states, the authority is total that's the way it's got to be. >> total >> it's total. it's total the governors know that. the authority of the president of the united states, having to do with the subject we are talking about is total >> that's the president at the briefing yesterday talking about presidential authority in terms of reopening the economy even as governors of about ten states now work on plans to reopen parts of their economies next month contessa brewer is watching that for us today >> yeah. these governors think they have a better shot at getting it right if they're wo

it's available on apple tv, android tv, fire tv, and roku.ust searc ♪ ♪ when you need it, jack delivers: order on uber eats, postmates and grubhub. my new bite-sized, crispy popcorn chicken is so when you need it, jack delivers: irresistible you'll want them whenever, so don't resist! pop 'em while you game, hang, or do your thing. pop my00% all-white- or spicy popcorn chicken combo for just $5.99. us. time now for chris and southern california beaches several officials are considering closing them on the weekends because thousands violated local rules, gathering in large groups, throwing the football around, lounging on the sand. this past weekend with temperatures in southern cal climbing into the 80s. beach rules vary. santa monica have closed the beaches entirely. and now the mayor has extended our stay at home order through may. so should the beaches be open or close, chris? >> it's tough, because i know part of this is mental health. i know for myself, i go for a mental health walk or run every day. but people have to learn to social di

download it on apple tv, roku, firetv and android tv. how do you do it? pretty easy.g on which device you have. on fire tv it's a search. now just type in abc 7 bay area. once it pops up, select it, and just hit download. and that's it. now you can check out what's being featured in our app this week. get the top news of the day, check out a live broadcast, our new original series and of course get the latest weather and check out any of our previous shows down here in the show section. now what are you waiting for? we are at war with a virus. and healthcare troops and first responders are on the front line fighting it every day. let's join the fight, by staying home. staying home is not a retreat, it's the most brave and aggressive weapon we have against this enemy. because when we do stay at home, we help prevent overwhelming our hospitals, while buying time for scientists to find the vaccine... and that's how we beat it.... when you think of a bank, you think of people in a place. but when you have the chase mobile app, your bank can be virtually any place. so, whe

breaking news, weather, and more with our new abc 7 bay area app, on apple tv, android tv, fire tv, and roku. - [female vo] restaurants are facing a crisis. and they're counting on your takeout and delivery orders to make it through. grubhub. together we can help save the restaurants we love. this virus is testing all of us. and it's testing the people on the front lines of this fight most of all. so abbott is getting new tests into their hands, delivering the critical results they need. and until this fight is over, we...will...never...quit. because they never quit. >>> now your health, your safety. this is "abc7 news." >>> new details are surfacing about testing concerns about a living assisted living center. friday, ten patients died at gordon manor, a facility that specializes in caring for those withalzheimer's. >> tonight we speak with a doctor who lost several patients at the facility and concerned that testing didn't happen fast enough. >> our reporter has this story. >> she did fight. and in the end, she's where she needs to be. i really believe that. >> reporter: she's mourning the

they are in the right spot when you look at roku and the rest and espn plus and all these various things i think that's a positive that going forward we don't know enough about cruise ships. we don't know enough about the parks. i think that now has been priced in that big sell off that we had, the stock has been sort of stair stepping become up i like what we're seeing now i continue to own it that's one of those names that i like enough to try to add to it and then sell more calls against it the premiums i'm able to get there. we talked about this earlier the premiums that i'm getting give me that much more comfort when i am buying something that, let's be honest, the way the markets have been moving it's been extraordinary the velocity of the moves and the absolute strength of the up, down, everywhere we could possibly go in the same day, it just makes me feel a bit more comfortable about a disney that it's been punished enough and i think there are other names that have been punished enough. i think they are ready to start moving to the upside not all stocks are like that i still see

download it on apple tv, roku, fire tv and android tv. how do you do it? it's pretty easy. navigate to your search bar and on fire tv, it's a search. now type in abc7 bay area. once it pops up, select it and just hit download. and that's it. now you can check out what is being featured in our app this week. get the top news of the day, check out a live broadcast, our new original series and, of course, get the latest weather. and also check out any of our previous shows down here in the show section. now, what are you >>> welcome back, everyone. businesses that have been forced to close because of the coronavirus pandemic are getting creative in connecting with customers. the story of ramen used to offer on-site cooking classes. the stay-at-home order forced the business to go virtual. they get a cooking kit delivered to their house and taught how to make ramen and dumplings through zoom. >> we are in our kitchen and they are in their kitchen and seems much more of a natural connection for everybody. >> it's fun because you're taking a class but you're doing it, you know fr

breaking news, weather, and more with our new abc7 bay area app on apple tv, android tv, fire tv and rokusearch abc7 bay area and theand we want to thank times, the extraordinary people in the healthcare community, working to care for all of us. at novartis, we promise to do our part. as always, we're doing everything we can to help keep cosentyx accessible and affordable. if you have any questions at all, call us, email us, visit us online. we're here to help support you when you need us. take care, and be well. to learn more, call one eight four four cosentyx or visit cosentyx.com - [female vo] restaurants are facing a crisis. and they're counting on your takeout and delivery orders to make it through. grubhub. together we can help save the restaurants we love. >>> now your health, your safety, this is abc7 news. >> for the first time, gig workers and independent contractors and those self-employed can qualify for unemployment benefits without paying into the system. the change, which became effective today, will end weeks of frustration for those whose benefits claim have been rejected

there are others that operate in that cohort, roku being another one of them. despites the fact that netflix has held up pretty well, you think that stock still has some room to go higher? >> yeah. look, i don't think you can overstate the impact that this is having on companies like netflix, like peloton, even to a lesser degree somebody like a spotify, not just in this moment that we're in right now, but when you look at the longer term impact that these network effect kind of businesses are having. you look at like a peloton or netflix where you get -- where they see such a large increase in their subscriber editions during the fourth quarter, particularly during the holiday season, this is effectively stacking three holiday seasons on top of each other in what we're seeing in the march quarter and likely to see in the june quarter when you do that to a network effect type business, you do that through a word of mouth type business the way these are, all you're doing is effectively steepening the growth curve for these subscription businesses. not only are w

news, weather, sports, and more with our new abc7 bay area app on apple tv, android tv, fire tv, and roku. just search theand we want to thank times, the extraordinary people in the healthcare community, working to care for all of us. at novartis, we promise to do our part. as always, we're doing everything we can to help keep cosentyx accessible and affordable. if you have any questions at all, call us, email us, visit us online. we're here to help support you when you need us. take care, and be well. to learn more, call one eight four four cosentyx or visit cosentyx.com dad, i'm scared. ♪ it's only human to care for those we love. and also help light their way. it's why last year chevron invested over $10 billion to bring affordable, reliable, ever cleaner energy to america. ♪ >>> abc7 is committed to covering education and how the coronavirus and sheltering in place is affecting our kids. today governor newsom announced that schools may open as early as july to make up for the lost time and inequality in educating kids online. education reporter lyanne melendez tells us why not everybo

netflix, roku, snap, spotify, akamai technologies and the trade desk now we get to a biggie, health carecounts for the mad covid-19 index the recession plays, and i think the pandemic only makes them more valuable. i like abbott labs that will be better when it closes if botox is no longer forbid enfrom being used as part of some nonessential thing like santeen gilead reports thursday. regeneron, good news from meg this evening -- this morning, but really about a lung cancer drug sanofi danaher. eli lili dexcom whoa dexcom is good. glaxo. that's going to be a major focus for me coming up perigo, pfizer reports soon with another vaccine. resmed the only group larger than health care, megacap technology, don't think alphabet, amazon, microsoft. apple might sound counter intuitive, but they have a huge chinese business i'm betting subscription gets a major boost with the quarantine. office at home, and logitich which are both vital for at homework they're still working. campbell's, conagra, hor mel, j.m. smucker the high quality real estate investment trust data center retweet 5g, american