, it's why aren't you using servicenow?at is that we're helping companies drive their digital transformations. we're helping them provide better experiences for their employees and their customers. and helping them unlock productivity the power of what a cloud platform can do is just enormous as technology changes of how work happens and we are proud to be in the middle of that. >> all right mr. sluman introduced us to the company. it's been two years now for you. what are the new verticals you're working on because it seems like that you are now much bigger parts of the enterprise than when frank is running the show. >> what's happening, jim, the history of software is functionally oriented. you had separate hr software from finance and legal software, but that's not how employee and customer experiences happen. they often require a cross functional mindset servicenow is fundamentally a cross functional work flow platform so we help enable great cross function functional experiences and employees don't care if they're deal

so, servicenow put your workflows immhm. cloud, huh?ees must love you. [ chuckles ] thank you. you could say that. i love you. servicenow works for you. >>> last day of the week to trade stocks get started in about seven minutes or so. colgate report earnings, procter & gamble, tell us about a comparison between the two. >> this is a pentangeli free zone, okay just so we know. "godfather 2" reference, thank you, stone this story will make we are wmeo buy procter. latin american sales decreased 9. europe decreased 2.5 asia pacific decreased 6.5, africa, decreased 5% almost the exact opposite at procter. disappointing quarter, colgate doesn't really say disappointing, but forecast is very downbeat. if you take your cue and sell procter for colgate, which you would have done in the old days because colgate was -- for years and years and years, you're doing it wrong i think that colgate is on the -- though the stock is very, very low but buy procter. they're kicking butt and taking names. they're doing incredible interviews with david. the

servicenow works for you.elcome back to the "closing bell." time now for a cnbc news update with sue herera. >> hello, everyone here's what's happening at this hour police in florida say they don't have a motive for the deadly bank shooting of yesterday xaver is charged with five counts of first-degree murder at a suntrust bank branch. >> the incident yesterday at approximately 12:30 when he entered the bank with a gun. he immediately contacted bank employees and a bank customer and overtook the bank by force he then shot everyone in the bank. >>> venezuelan president maduro visiting the venezuelan supreme court one day after a rival politician declared himself interim president of the country. he was greeted with music and hand shakes, did justices supporting maduro and his government. >>> pope francis blasting corruption in venezuela and said he's following the developments in venezuela and supports all efforts to help save the population from further suffering. you're up to date. i'll send it back to you an

servicenow works for you.nd the army taught me a lot about commitment. which i apply to my life and my work. at comcast we're commited to delivering the best experience possible, by being on time everytime. and if we are ever late, we'll give you a automatic twenty dollar credit. my name is antonio and i'm a technician at comcast. we're working to make things simple, easy and awesome. . >>> welcome back to "the closing bell." the session was up 307, but it's nonetheless a good looking close to the week. s&p is up 0.9, nasdaq up 1.3 we are just in positive territory for the week as a whole. >> yeah, and the nasdaq leading the charge higher today. bertha qum bert bertha coombs is there we know a lot of these companies were nervous because they need the s.e.c. to sign off >> exactly, and they're working oftentimes in a shr short window, particularly when you talk about the bio tech companies. about a dozen of the companies that had moved forward to go public and file their s-1s in december were bioteches. for the

so, servicenow put your workflows immhm. cloud, huh?ove you. [ chuckles ] thank you. you could say that. i love you. servicenow works for you. >>> with the government shutdown now in day 34, ipo market has frozen with sec unable to approve any filings. the presidents of both the nyse and the nasdaq spoke at davos on the i packet of the shut down on ipos with major tech unicorns, uber and lift expected to go public this year. >> there are a number of companies lined up and we have roughly 160 companies on file with the sec it's not yet having a major impact if it extends a few more weeks, it will, especially for companies looking to raise money because they have to choose a different path. >> we have a very important relationship ec. they make sure the disclosures are accurate and complete and we do our work to evaluate them in accordance with the littings standards. it's hard for us to completes our work if they can't do theirs. >> we make it a case study as soon as tomorrow there's change in the language that would allow some companies

so, servicenow put your workflows immhm. cloud, huh?e you. [ chuckles ] thank you. you could say that. i love you. servicenow works for you. >>> good morning, everyone i'm sue herera here's your cnbc news update at this hour. airbus warning it could move its uk operations out of that country if there is a departure from the european union without a deal ceo tom enders says the country now stands at a precipice. >> you can see it's threatening to destroy a century of development based on research and human capital. if there's a no deal brexit we at airbus will have to make harmful decisions to the uk. >> the florida man accused of gunning five people inside had a florida bank making his first appearance 21-year-old zefhen xaver a jury has ordered knox to pay -- >>> that's the news update this hour i'll send it back downtown to you. >> time for our etf spotlight keeping an eye on the transports airlines obviously rallying after reporting some strong earnings the transport etf ticker iyt off to a pretty nice ticker for the year up 7% so fa

. ♪ so, servicenow put your workflows immhm. cloud, huh?u. [ chuckles ] thank you. you could say that. i love you. servicenow works for you. >>> all right. we're back time for final trades. pete, appreciate you braving the elements leaving the house today. give me your final trade >> yeah, it's going to be interesting. we all talked about what the earnings coming up i saw some great paper today on facebook i already own the stock, scott so facebook is my final trade. >> good stuff. see you back here soon, i hope >> we haven't discussed banks so far. that's unusual in front of the fed. i'd highlight citi which trades at seven times earning 7.5 dividend yield citi is headed to be a structurally better company. >> saudi imports to the u.s. at a low not seen since 2010. concho energy. >> their cxo getting a nice bump today. >> our favorite call right now is consumer staples. it's cheap the fed is on pause. and it is hated. everyone fights with me. >> thanks for being here as well that does it for us. thanks for watching. "the exchange" with kel

so, servicenow put your workflows immhm. cloud, huh?oyees must love you. [ chuckles ] thank you. you could say that. i love you. servicenow works for you. >>> it's from drew in california give me the scoop on oracle. hold it, sell it or maybe something else >> i really don't like oracle. companies that 25 years ago were at the top of the game and some of them have come back like microsoft. it doesn't generate the amount of cash you would expect for a company of this size until it generates cash flow meaningfully higher than it does now, i'll sell it. >> i have one from brandon is data buy here or wait for it to break out >> i sold at 110 i've been wrong. it's about 20% their path is to sell. it helped build that company i just think valuation is a bit stretched. it's still there slowing down a little bit i would not buy it here. i'd wait for a flush >> shannon the dividend at seagate >> we think it's secure. it's good operating margin there's been a bit of softness in cloud sales management team has been very adamant about being thought

servicenow works for you. ♪ lookin' better than a body has a right to ♪ ♪ and shakin' me up so applebee'swith shrimp. now that's eatin' good in the neighborhood. comcast business built the nation's largest gig-speed network. then went beyond. beyond chasing down network problems. to knowing when and where there's an issue. beyond network complexity. to a zero-touch, one-box world. optimizing performance and budget. beyond having questions. to getting answers. "activecore, how's my network?" "all sites are green." all of which helps you do more than your customers thought possible. comcast business. beyond fast. >>> the sun is setting the sun hasn't rids esen here yt welcome back thank you for being with us. stock futures indicating a mild drop listen, i'm not going to say ignore the futures right now because then i would be, like, don't watch. here's the thing, we got so many earnings crossing in the next hour or two with pfizer and so many others that those futures have the power to move bigley. trust you. we're down 22 right now, but there's a long way to go be today. >> even before you

servicenow works for you. unstopand it's strengthenedting place, the by xfi pods,gateway. which plug in to extend the wifi even farther, past anything that stands in its way. ...well almost anything. leave no room behind with xfi pods. simple. easy. awesome. click or visit a retail store today. >>> we're back there's the market picture s&p is going negative. dow still holding onto a decan he not gain across the other spaces nasdaq touch negative. let's continue our conversation, if we could. i like where we're going the real question i think we're getting at is, is this as good as it gets have all the positive markets of whether it's tax cuts in this economic boom that we got, has it all gone. >> i don't think so. i think there's over hangs to the market the whole story of 2019 will be the removal of negatives when we get that trade deal, when there's a deal on the tape, stocks will be up. when the fed makes it more clear they are on pause, stocks will be up on that. i think some of the fear of recession will

servicenow works for you. >>> welcome back to "squawk alley.is video of two tankers making the trip from everett, washington to wichita, kansas. as we speak, as the airport officially takes delivery. this is valued at $44 billion. and after delays and $3.5 billion in extra costs for boeing, this moment has been a long time coming i spoke with the ceo and president of the defense space and secretary business, leanne caret ahead of this milestone flight last night. >> well, as you all know, this is a multi mission aircraft, so it is more than just a tanker. it has the capability to avoid, to detect, to deter, and provides caring capability not only for cargo but passengers and patients this is an amazing game changing capability we're so delighted. >> there have been stipulations attached to delivery of the aircraft, technical difficulties that still need to be worked through with the air force talk us through what those are, what the time line would be to fix that >> this is a participate with the united states air force. we have continued to fo

so, servicenow put your workflows in the cloud, huh? mmhm.s ] thank you. you could say that. i love you. servicenow works for you. >>> i'm scott wapner here's a look at what we are working on for the half at noon today. what today's strong earnings reports say about the economy and the markets. plus, a rare double downgrade for a tech name could be in your portfolio. we'll explain that in our call of the day we'll also tell you what the trades are on facebook and microsoft ahead of their big earnings reports tonight after the bell it's all coming up on "halftime" at noon, top of the hour sarah, we'll see you then. about ten minutes away >> all right scott, thank you see you then >>> we are watching shares of royal caribbean, seeing a nice pop this morning after beating the street on earnings, boosted by rising demand for cruises, while also seeing a big increase onboard spending for the quarter. the stock already up more than 20% so far this year, coming off of a rougher end of year last joining us now from cnbc exclusive interview is richard

so, servicenow put your workflows immhm. cloud, huh?r employees must love you. [ chuckles ] thank you. you could say that. i love you. servicenow works for you. ♪ and if you feel, like i feel baby then come on, ♪ ♪ oh come on ♪ let's get it on applebee's. now that's eatin' good in the neighborhood. snoo the wind chill far below that we have to get a live shot of rush street, though. the bars there, 4:15, just closing. the store by 4:00. if you live in chicago, you know what that means. record cold temperatures hitting a huge part of the nation today. let's get more now on this polar vortex with a guy who used to live in chicago. frank holland. >> i did live in chicago i do know what that means. here's the thing it's expected to be colder in chicago today than in parts of antarctica that's because the poll or vortex is hammering the midwest. just check out some of the temps right now. below 18 in chicago. 27 below in minneapolis. you're seeing it right there negative 29 in bismarck. it's about to get colder as the day goes on. that cold

servicenow works for you. >>> welcome back let's catch you up on a few h d headlines.me for rapid fire here with their takes is courtney reagan, jon fortt, and making his debut frank holland no pressure, frank job less claim is the lowest than 1969. that had larry kudlow saying the jobs report was up significantly. the claims don't include government workers but it seems to point to a strong economy >> overall, yeah it also doesn't include a few states bottom line, strong economy. yes there are discouraged workers out there but at least people aren't getting laid off >> exactly again, we were talking about this yesterday, but there's a difference between when you don't get the data because of the shutdown, you are relying on these anecdotes. but it doesn't seem like the news flow is that bad. >> not at all. excuse me, courtney. we're also seeing wage growth which is good for consumer spending it's all around a sing o cyclical thing that's helping everybody. >> yeah. so i'm hoping this tight labor market because it seems to be such a mystery continues to push wage growt

servicenow works for you.ors look for don't just track an index, help me meet a client's need. is the fund built to sell or built to last? etfs are only part of a portfolio. so make it easy to explain. give me a quality fund that helps me get clients closer to their goals. flexshares etfs are designed and managed around investor objectives. so you can advise with confidence. before investing, consider the fund's investment objectives, risks, charges and expenses. go to flexshares.com for a prospectus containing this information. read it carefully. >> good morning. among the stories front and center, roger stone has been arrested in florida and charged with seven counts, including false statements, witness tampering, and obstructing an official proceeding. he will appear in court later today. being of, the former trump advisor roger stone. >> i mean, we were looking to see if there would be a market impact they basically shrugged it off people are going through the indictment, as eamon was talking about. is the

servicenow works for you. >>> it is go big or go home.t is teaming up with more than viacom the folks behind fixer upper, mo moonshiners and more alex is here with me along with bob johnson, founder of bet if look around at various competitors, comcast, at and t, they are not big enough to compete for sports rights, not big enough to compete for content rights the end result is how do i get bigger maybe step one is buying cviacom the question is if it is step one who is step two? >> discovery denied it is in sales talks. it is sort of a denial on a strong man >> what do you think about this? is this kind of sale inevitable? >> it has always been said content is king. i think it's more so now when you get these platforms and tech companies playing in looking at acquiring content for across marketing and another kind for customers. the only warning i give is that it does not relate to true synergy. it is in the a proving thing in terms of investment. every program you make can hit or miss. to me the idea is two reasons. it is to compete but

servicenow works for you.bill miller with his perspectives on the market as we get set to wrap up a sivepoti january for stocks. we'll get "stock trading" with jim in a minute. with a cockpit fit for aspaceship. hang on. radar that senses things the human eye can't. busted. and the ability to make a thousand decisions before you even make one. was all this, really necessary? what do you think? ♪ ♪ hawaii is the first state in the u.s. to have a hundred percent renewable energy goal. if we don't make this move we're going to have changes in our environment, and have a negative impact to hawaii's economy. ♪ verizon provided us a solution that lets us collect near real time data on our power grid. ♪ if we can create our own energy, we can take care of this beautiful place that i grew up in. ♪ >>> let's get to jim and "stock trading. >> a lot of times it was the best of times, the worst of times, dave, it was the age of wisdom and age will foolishness. epic of belief and incredulity i think the snack business is r

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servicenow works for you. and the army taught me a lot about commitment.hich i apply to my life and my work. at comcast we're commited to delivering the best experience possible, by being on time everytime. and if we are ever late, we'll give you a automatic twenty dollar credit. my name is antonio and i'm a technician at comcast. we're working to make things simple, easy and awesome. >>> the 2020 presidential race heating up with former starbucks ceo howard schultz considering a bid for higher office, here's what he said last night on "60 minutes". >> i am seriously thinking of running for president. i will run as a centrist independent. outside of the two-party system. >> then in a tweet former new york mayor mike bloomberg urged schultz not to run, saying "in 2020 the great likelihood is that an independent would split the anti-trump vote and end up reelecting the president we can't afford to run that risk now. joining me are evan buy, former democratic senator from indiana, and jeff greg, former republican senator, you've both been senators and governo

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servicenow works for you. ♪ ♪ our new, hot, fresh breakfast will get you the readiest.zzer sound) holiday inn express. be the readiest. >>> talks resume between trade representatives of the u.s. and china. we're just four weeks from the deadline to raise tariffs to 25% on hundreds of billions of dollars of chinese goods what are both sides willing to put on the table let's ask bill bishop. bill, great to see you again >> thanks for having me. >> let's start with the very latest about how these talks are going. "the wall street journal" article yesterday backed off the idea there's going to be a big breakthrough >> so i think, you know, we don't really have any news today so far, but going into the talks, clearly there was the belief that the chinese side had yet to come up with any satisfactory offer that in fact, they were just using the -- making the same offers made in the past around buying lots of stuff and paying lip service to more of the structural issues the u.s. is demanding. xi has decided to make concessions and this group is here in d.c. willing to make a m

so, servicenow put your workflows immhm. cloud, huh?e you. [ chuckles ] thank you. you could say that. i love you. servicenow works for you. >>> an earning super bowl. we tackle quarterly results from tesla, facebook, microsoft and more >>> plus, blackstone group and u.p.s. set to report. >>> speaking of the super bowl, patriots owner and businessman robert kraft joins us ahead of this weekend's big game. >>> and the fed turns dovish on interest rates what matters more to the market earnings and jay powell. we'll discuss as the second hour of "squawk box" begins right now. ♪ this is what it sounds like when doves cry ♪ >> announcer: live from the beating heart of business, new york, this is "squawk box. >>> good morning, everybody. welcome back to "squawk box" on cnbc i'm becky quick along with joe kerr anyone a kernen and andrew ross sorkin. >>> dow futures are indicated down by 22 points, thenasdaq u by 55 and this comes after a big day of gains where the dow was up by over 400 points, pushing back above 25,000 to 25,014. we'll see if

servicenow works for you. >>> welcome back to "squawk box," everybody. chicago also on the phone we have josh sullivan who is senior equity research analyst at seaport global securities. phil, run us through the numbers first. these were blockbuster numbers >> absolutely. that's why the stock is moving substantially higher look at the shares of boeing and how much higher they've moved premarket as the company reported earnings of $5.48 a share. almost 90 cents above the consensus of $4.57 what was driving the record fourth quarter for boeing? it's all about execution especially on the commercial side of the business revenue, $28.3 billion, about $2 billion better than analysts were expecting free cash flow of $2.5 billion and operating margin of 13.6%. put that all together and you have a very strong quarter for boeing we've talked about this before the 737, it is the bread and butter for this company in terms of free cash flow and execution. take a look at the delivery cadence for boeing and how it has gradually increased in the 737 range of airplanes o

servicenow works for you. ♪ ♪ our new, hot, fresh breakfast will get you the readiest.right now. we are headed for losses at the moment looks like the s&p would open down a little more than half a percent down 17 points the dow jones industrial average to the downside set to open down 2 hurk 200. caterpillar, negative reaction to their numbers nasdaq now futures down 50 >>> the fed will gather for a two-day meeting starting tomorrow the central bank will wrap up on wednesday with a decision and a news conference with fed chair jerome powell. the fed is expected to leave interest rates alone this time around also on wednesday li hu set to visit washington for trait talks with robert lighthizer and we'll wrap up this big week with friday's jobs report >>> president trump just tweeting on the steel industry tariffs on the dumping of steel in the united states have totally revived our steel industry new and expanded plants are happening all over the u.s we have not only saved this important industry, but created many jobs. also billions paid to our treasury a big win for th

servicenow works for you. ♪ ♪ our new, hot, fresh breakfast will get you the readiest.ound) holiday inn express. be the readiest. investment opportunities beyfirsthand, like biotech.ne because your investments deserve the full story. t. rowe price invest with confidence. >>> welcome back, everybody. we are watching three big store irs this morning one, we'll be getting a fresh read on home prices in an hour shiller expected to show a 4.8% jump compared to a year ago. number two, apple out with closing with concerns about weaker iphone sales. three, the fed begins a two-day meeting today. the central bank is not expected to raise interest rates this time around, but there will be questions and answers. >>> coming up, we're going to talk pfizer and the company's results. stock down 3% in the premarket then the fed set to kick off a two-day meeting president. at the top of the hour, former mississippi fed president will be joining us. "squawk box" will be right back. ♪ ♪ let's go from plans... to full-blown production. ♪ ♪ let's go from being on-call... ♪ ♪ to being on-lin

servicenow works for you. with a $500,000 life insurance policy. how much do you think it cost him?can got his $500,000 for under $28 a month. less than a dollar a day. his secret? selectquote. in just minutes, a selectquote agent will comparison shop nearly a dozen highly-rated life insurance companies, and give you a choice of your five best rates. duncan's wife cassie got a $750,000 policy for under $22 a month. give your family the security it needs at a price you can afford. >>> welcome back to the "closing bell." pg&e faces potential billions in liabilities and filing for bankruptcy 11 protection aditi? >> reporter: pg&e filing follows a last-ditch effort reportedly to save them from bankruptcy through a $4 billion plan. so why did pg&e not take them up on it? for one analysts say pg&e could have gotten more favorable terms from their own banks but the biggest challenge is the uncertainty around wildfire liabilities and future risk and not access to capital risk also shares of pg&e are way up ending the regular session up 16.5%. why is that? analysts say it's a couple of reaso