netflix headquarters in california, 11:00 a.m. on wall street. "squawk alley" is live ♪ ♪ >>> good tuesday morning welcome to "squawk alley." i am carly fiorina with morgan brennan and jon fortt at the post 9 of the stock exchange facebook following another key executive departure, heightened scrutiny from the attorneys general. facebook, google, twitter are on the side of the radical left democrats. fear not, we will win anyway just like we did before, #maga they focused on the two day policy meeting with the fed. the dow looking to cap off the longest win streak since january. joining us, christopher aleman chris, good to see you thanks for joining us from across the pond. before we get into specific names, i wonder what you make of the chase that we have seen since january 4th, and the idea that people are feeling left behind in the market >> well, they're feeling left behind, we're back to where we were last fall i think you have to take it in stride look at the highs we hit in august this market is trending sideways, and i think pretty much in a trading range. it is tough to f

can grow to 140 million subscribers, right, the size of netflix today, by 2023 this video service will only account for 3% of revenue. the only thing that matters for apple investors is the iphone which is in decline. we're on the sidelines with the story now with apple, the multiple at close to five year highs, with iphone declining double digits in terms of units, we see millions of unsold iphones in the channel, we see heavy discounting on the xr. and when you look to the 2019 iphone launches which i think is the more important than what's going to be announced monday, this triple camera setup doesn't seem to solve the problem of these length ening upgrade cycles i think they're going to wait until they get 5g. >> if services can't outweigh lagging sales in iphone units, nancy, what could be the catalyst for the stock >> hi, contessa. i think, listen, services is critical, streaming is even as part of services is not critical for us the solution is most likely a resurgence of growth in china which will prod global growth i know i have been on that for awhile we're starting to s

square, i'm melissa lee. tonight on "fast" netflix shares are surging leading the pack of faang stocks and one analyst says this is just the beginning of total domination. >>> plus take a look at this mystery chart. it is a chart wall street cannot stop talking about and could spell big trouble ahead. >>> fist, we start off with docks surging. the dow up 200 points adding to the year's rally the market is now on track for its best start to the year since 1998 it's not just here in the u.s., emerging markets are breaking out too. the eem etf is up 11%. and china doubling down on its fiscal stimulus saying it will cut into its own flesh, those are the words of the premier, to support economic growth this year wefrg looki with everything looking pretty awesome, did investors just get the all clear to buy stocks, guy? >> usually one question i can handle cut into your own flesh to make sure there's economic growth. >> they will do everything they need to do. >> i said to myself if there's about to be a trade deal, why would you need to cut into your own flesh. but i'll answer your question

to internet video only >>> netflix says it has no plans to make its shows and movies available on apple's upcoming video offering. ceo reed hastings says he wants customers to watch netflix' content on its service. joining us now brett sappington. nice to have you here. welcome. >> glad to be here, sue. >> ts is suc a fascinating space to me and it's one where ew entrance to it all the time. you say there will be a number of winners in the space but y single out netflix. why? >> netflix is the leader.ey e the dominant leader by a significant margin. over half of u.s. households have a netflix subscription right now, and that's significantly more than anyone else. the next closest is amazon. >> what about apple' entry into it. do they have an uphill battle to height?th 're very, very innovative company certainly and they want in on this space. netflix doesn't want to do business with them in this particular niche at this whpoin. does apple have to do? >> well, i thi anyone entering the online video space right now for subscription services, everyone has kind ofup an ll battle to tr

compete with entrenched players like netflix, amazon and now of course apple. without it, youtube is still making a lot of money on ads. the supreme court will let a lawsuit against amazon's zappos unit go forward. the clothing retailer had applied to the court to dismiss a suit against a hack exposed information of millions of customers. zappos argued that customers could not sue without proof of concrete injury, such as pending misuse of their information. most in seventhe months after they resolved their draft with at&t. this staved off a blackout that would have kept customers from seeing cable channels like nickelodeon and mtv. tensions between programmers and carriers have increased in the age of cord cutting as providers try to squeeze more money from shrinking pools of subscribers. coming up, apple in hollywood. more on its plans to take on netflix, amazon, disney and the streaming world along with oprah winfrey next. and elon musk battling out with the sec. we will have the latest update on the latest controversy. all of that coming up. this is bloomberg. ♪ bloomberg. ♪

. we'll tell you what to watch. >>> plus netflix fighting back as apple gets set to launch its streaming service next week. how big of a threat is apple to netflix, the streaming dynasty the traders weigh in. >>> the fed decision tomorrow could bring the bears out of hibernation as stocks inch back toward all-time highs. the fed has put the chances of a rate hike on cold. the chance of a rate cut is rising all these statements calmed the markets initially but is the fed out of tools to keep the bulls happy? could a fed that's too dovish sounding, will that spark fear on wall street. >> two-part question are they out of tools -- >> if they turn too dovish is that actually bearish. >> great question, mel that's a great -- one of your better questions maybe of all time to answer the first part, no, they're not out of tools b.k. can speak far more intelligently than i about the tools they have. in terms of being too dovish, absolute low it can spook the market this was a fed that in october was telling you full systems go. we're on cruise control in terms of the balance sheet we ha

jennifer aniston, steve carell, even oprah, a new premium video service to rival the likes of netflix and amazon. listen to ceo tim cook. tim: to bring together your favorite shows, movies, sports, and news, and make them available on all your devices. -- you can spend less time looking for something to watch and more time enjoying it. emily: apple has a brand-new credit card facilitated by goldman sachs to facilitate payment. the card is attached to apple pay, which they say has been adopted by 39% of mobile payment users. mark gurman.h's of tech -- of technalysis. what did we learn about the tv service besides seeing a lot of stars that we already knew were connected to it? >> we learned pretty much nothing to be honest. we knew which shows were coming every time a new show went into development or was closing in on filming. the actorsproducers, and actresses involved, would very prominently announce these deals. we knew this would be a subscription service. we knew it would be premium. what we didn't know is how much they would charge for it, and we didn't know which devices it would b

discuss it a few other companies including netflix is in the news today plus. the tourist unless tourists from the middle east don't know how many hotels from have in my last post and before where we had sixty percent last as this one on the steps and. the yellow bester they continue to protest the store on the streets of paris as president much more prone enjoys snow snow can you believe it is honest being tripped can't make this wall so examine how the marches have been able to stomp on markets artie's medina coach a nova brings us the latest on the plight of news from the french capital and later there's a new gunslinger sauntering into game town as goliath google is set to challenge the video game market conservative commentator steve malls joins us to consider if google has the true grit to topple today's top gaming companies all that directly ahead but first let's get some headlines let's go to. a major merger which could shape the global online payment sector leads our report today as fidelity national investment service or f.i.o.s. acquires payment processor world pay incorporated

. >> bill, as a value investor, i was surprised to see netflix, one of the top holdings in the fund, you don't usually think of it as a value play how do you think about it? >> yeah, i was surprised when carl introduced me as a tech investor i think of oakmark as a value investment firm who occasional finds value in the tech space. we do own netflix. we think about it very similarly to how we looked at the cable tv companies almost 30 years ago, figuring out how much a subscriber appears to be worth, based on a present value of cash flows, and then looking at how much value is being created in the business netflix, today, has a market cap that's south of 200 billion, including its debt, which comes to a little over $1,000 per subscriber and they're adding, what, 20, $25 million subscribers a year that we think are worth $1,000 if you think about it that way, you could say that netflix is selling at something like eight or ten times earnings. >> how do you think about some other companies in the content space, as far as that goes you know, disney has got fox now. is that creating more val

ammunition danielle shea of simpler trading joins us to discuss it a few other companies including netflix is in the news today plus. the tourists are less times than tourists from the middle east don't come any point you know hotels on the avenue are less developed than before and we had sixty percent less just on even the steps with some of. the yellow bester they continue to protest in the store on the streets of paris as president much more prone enjoys snow snow can you believe it is on a speaking trip can't make this stuff up walls will examine how the marches have been able to stomp on markets artie's medina coach a no but brings us the latest on the plight of news from the french capital and later there's a new gun slingers sauntering into a game town as goliath google is set to challenge the video game market. conservative commentator steve malzberg joins us to consider if google has the true grit to topple today's top gaming companies all that directly ahead but first let's get some headlines let's go to. a major merger which could shape the global online payment sector leads our

netflix from the ca . the legendary director of popular movies le e.t. and schindler's list plans to support a rule change that would prevent movies that debut from a screening service from attending the oscars. we will talk about whether or not streaming is a missed opportunity for hollywood. nice to have you here, matt. welcome. >> thank you. mean, the obvious answer seems to be, yeah, it is a missed opportunity. would you agree wit that? >> well, i think all the studios have benefitd somewhat from netflix in terms of sellingnt t. they were the foundation for netflix's early success including the problem was to a certain extent they created a monster and i think that netflix has been extremely disrupted to the mid budget movie business, dramatic come dis, et cetera, i theaters. it hasn'tad that much effect on the avengers or high end anated movies. the genre of movies that the academy awards is generally focused on, it's been very transformative. >> what does this do if this le goes through and if steven spielberg is supporting that rule, what does that do to the streaming bseiness

apple faces tough competition from the likes of netflix who already have more than 130 million subscribers globally. 0ur media editor amol rajan reports. like the big bang, it explodes. some of hollywood's biggest names came out for apple today. they announced a raft of new services in credit cards and games. but it is a beefed up tv product. it will launch in over 100 countries this year. unlike anything that has been done before. apple is making a bold play in the economy. a war for oui’ bold play in the economy. a war for our eyes, ears bold play in the economy. a war for oui’ eyes, ears and bold play in the economy. a war for our eyes, ears and minds is ranging —— raging and it is based on the west coast of america. netflix has said it won't put any of its shows on the apple service. by the same token, us giant disney has pulled out of netflix and his lodging and streaming next month. out of netflix and his lodging and streaming next monthlj out of netflix and his lodging and streaming next month. i don't want to give you an opportunity to be able to express your fe

lot of people are talking about apple versus netflix the bigger issue is the u.s. alone, 85 million households spending more than $100 a month on their paid tv services. it shouldn't necessarily be an apple versus netflix battle. we're very early stages in how people are shifting, how they're consuming their content. >> do we know the pricing yet? >> we don't. >> what do we know about the interface? >> i think i was just watching it now, the deals they struck with the paid tv providers, even hulu, i'm surprised being part of it but disaggregating the content and then sort of putting it in the apple format kind of nice if you're an apple customer and the interface. >> that being apple tv. >> the apple tv interface and software design and a big plus i think apple is doing their best to sort of put their best foot forward that is what we do well. it's all other people's content right now. they're talking about the content they're about to show they funded themselves but that's like a smaller part of this ultimately. it's an advertiser to the bigger bundle that they want you to buy into

your forecast. >> paul, thanks. >>> coming up it's netflix versus steven spielberg, the fight over the future of your movie experience. they say you should always listen to your heart. and where better to do that, than the island of ireland? after all, your heart is the best compass there is. so get out there and fill your heart with the stuff that keeps it beating. fill your heart with ireland. your favorite restaurants now it doesn't matter dash. where you are. ♪ it doesn't matter what you're hungry for. it doesn't even matter how many you are. ♪ restaurants come to you. delicious at your door. download doordash. first order, no delivery fee. >>> netflix is pushing back after director steven spielberg said that he supports rule changes that could block the streaming service from the oscars. >> spielberg says he is in favor of making it harder for streaming films to be eligible. he plans to bring up the topic at an upcoming meeting of the academy board of governors. spielberg finds himself at odds with some other film industry heavyweights who point out that netflix has been a

have to abide by >> it's amazing for tesla. >> i was thinking about netflix and tom rolkers coming on. tom rogers said that -- would never again it he was right because it was netfl netflix. you would think that if art is art and money is money, but it's not. the academy is not ready to give netflix. what i was just looking up now is i saw some news about the irish -- it's a bond movie coming out it's a netflix offering. we never mentioned how right he is going to be >> give him props. >>. >> i often think that. zwr i'm like -- i'm just happy that you care about what i think of things and try to bring me in thank you. thank you for bringing me into the conversation >> we're friends it matters >> business insiders reporting that tesla is again asking employees to volunteer to help deliver cars a senior vp reportedly e-mailed department heads asking for help in a push from employee volunteers to deliver 30,000 cars over the last 15 diz of the quarter. employees have previously reported big delivery pushes towards the ends of the quarters >> for tesla, i'm still warned out the other day.

nine and a half months we'll hit facebook, apple, netflix, alphabet, amazon and more >>> bio tech get a slhot in the arm turning in the best week since the start of the year. morgan stanley puts out a list of 30 stocks to own into the year 2021. see who makes the cut and who didn't >>> a big call of the day focused on at&t. the halftime investment committee is ready to roll the halftime report with scott wapner starts right now. >>> it's good to have you with us on this friday. here to debate and trade the big stories of the day is our panel. let's begin that move in tech. best sector of the week. best sector of the year. a resurgence that's helped extend the rally and helped keep the s&p 500 above that key 2800 level. >> yes were we focused so much on the faang names it's old line tech chips have been on fire. there's a couple misfires as well but you look at the chips look at intel. that's been on a great run hitting 52-week highs and the rest it's sfwresi interesting to see going on take a look at unh in the last week these are names that continue to move to the up side. these

everybody wanting to be hbo. now, everybody wants to be netflix. joel: that is the elephant in the room. the night is dark and full of netflix. hbo knows that, and that is an attempt to pivot and become much more of the streaming service than the cable one it has been. carol: very timely with everything going on. we have got more on this story from our reporter felix gillette. helix: richard resigns this past week, the longtime head of hbo. carroll: 27 years of the company. helix: right. it is the end of an era. he would tell everybody, we are a media company, not a technology company. along comes at&t, which is now seizing control of time warner media and assets, is moving forward with this plan. their big plan for the future is that they want to roll out this direct to consumer streaming service by the end of the year that will compete with netflix and pull in all this programming from the warner media assets, tnt, tbs, warner bros., and hbo's going to be a huge part of this. what i wanted to set out to do is like, ok, hbo has been dabbling in this world of direct to consumer and

shaping up to rival netflix with 160 million subscribers . . . . j.p. morgan is a big wall street brokerage house that also has research. jp morgan is telling clients to expect disney+ to eventually draw 160 million subscribers from around the world, more than netflix's current 139 million. disney's global popularity and its vast content library spell increased competition for subscribers at rival streaming platforms like netflix bringing up the question is disney stock about to go higher otr is netflix about to go lower. disney's foray into the streaming world has netflix, amazon, hulu and others competing for subscribers with exclusive content and price warfare. hulu cut the price of its most popular plan last month while netflix recently raised prices. what are the best what are the best marijuana investments?jeff the ross spring dress event is here-finally! so you can say yes to the biggest selection of the season. yes! seriously, 20 to 60 percent off department store prices! more new dresses means more reasons to say yes. at the ross spring dress event. on now! great minds sh

turn-around and a top analyst says there is no floor in sight. >>> plus can disney beat netflix 'vgots own game? wee t all the details when "fast money" returns now we've created a brand new way for you to sell your car. whether it's a few years old or dinosaur old, we want to buy your car. so go to carvana and enter your license plate, answer a few questions, and our techno-wizardry calculates your car's value and gives you a real offer in seconds. when you're ready, we'll come to you, pay you on the spot, and pick up your car. that's it. so ditch the old way of selling your car and say hello to the new way... at carvana. >>> welcome back shares of general electric getting zapped after jpmorgan's steven tusa saying that he has a $6 price target on the stock and that that target was generous. there's no floor in sight he says but our in-house technician says the charts are telling a different story for the stock. chris is over at the plasma to break it down. chris, what are you looking at >> i think this is probably a worth a shot on the long side given some of the weakness we've seen

tension. carol: it was about everybody be hbo.to be, everybody wants to netflix. jason: the night is dark and full of netflix. >> they know that and this is an attempt to pivot and become much more of a streaming service that n a cable one. carol: we have got more on this story from our reporter. >> richard, longtime head of hbo. it is the end of an era. we tell everybody we are a media technology company. at&t now seizing control of time warner media and assets, is moving forward with this plan. the big plan for the future is that they want to roll out this direct to consumer streaming service. it will compete with netflix and pull in all this programming from other media assets. hbo's going to be a huge part of this. what i wanted to set out to do is like, ok, hbo has been dabbling in this world of direct to consumer and straightening products for almost a decade now. yet, somewhere along the way, they fell way behind netflix. why was that? what is it like to work on the technology side of the business? what i found talking to people who have passed through hbo is that a lot of peo

dir steven spielberg's battle against netflix, the big change he wants to see i the academy awards and why his idea has him under fire this morning. >>> and ben affleck, he'll be live in studio 1a along with his new movie co-star tohe talk abo movie and moving forward, but first these messages and a a check of your news and check of your news and weather coming up. i'll have a coke. check of your news and weather coming up. is pepsi okay? did you just ask if pepsi's okuur? excuse me...? of course pepsi is okuur. is she saying okay? no, no, no... okuurrr! what kind of word is that? okuuhh okree okurrr like this... okuurrrrr! okuurrrrr okuur, okuur, okuur okuur, okuurrr okuuurrrr [loud soda slurp] what? i wanted a pepsi... okuur that's what i'm talking about. eeeeoww. ♪cardi b-"i like it" i'm dying. oh... we're dying. if you can hear us honey, your father and i are dying. i'm dying. i'm dying. i'm dying. does anyone have a charger? yeah, just down here. ♪ sorry i'm dying. i'm dying. ♪ new cinnamon toast crunch churros. perfect for breakfast time, snack time, and night time. int

is entering a market dominated by amamazon, and netflix,x, which spent $12 billn on content l last year, which hs 130 9 million subscribers. ace ups say apple has an its sleeve. >> people will not jump just to apple e and kill netflix. netflix will be valaluable as ty invest in more content. apple has a big advantage in that they have one billion ios >> apple is s trying to becocome the netflix of everything. it h has unveiledd a new subscription service and is launching a credit card and will roll out a new game subscription service in the autumn. they also h happen to make computers and smartphones. european mps have voted to enact copyright reforms. the measures have been lauded by representatives of the music business but denounced by tech firms. have demanded a bigger share of revenues from platforms like youtube while distributing their content. is likely to result in unnecessary mass deletions and rejections of user generated content. the first official report on the march 10 crash of an ethiopian airline crash is likely to be released this see -- this week. a crasheded minu

service to take on netflix. >>> a major baby boom in a maternity ward and that's just among the nurses. >> announcer: this is "nbc nightly news" with lester holt. >>> good evening. and welcome to our viewers in the west. president trump is suddenly feeling pretty good tonight about robert mueller after the biggest win of his presidency. mr. trump now saying the special counsel acted honorably. that head-snapping change of heart just one side of the new post-mueller world we're living in now. the president touting a four-page summary of the report from his attorney general as proof of total exoneration, though that's not entirely accurate. and there is growing drama as democrats lead the charge to make the report itself public and to hear directly from attorney general barr, while republicans look to turn the tables and investigate the investigation. pete williams leads off our coverage. >> reporter: lester, less than 24 hours after learning of mueller's conclusions, the democrats in congress say they want to hear from mueller and attorney general bill barr. the democrats know what's in

he's downgraded netflix. the halftime report with scott wapner startsnow >> welcome and good to have you with us on this friday josh brown, steve weiss, kate moore is here. courtney gibson is here as well. stocks selling off the lows. continuing to react to the unemployment report. only 20,000 jobs were added in the month of february. blame the weather or the government shutdown. it's an ugly number. the question is it an anomaly as larry kudlow and others would have you believe >> we have to take it into account. there's a number of sectors where you're seeing slowing job growth you would expect that late in the cycle. some of that was affected by the workweeks. there's a lot of other underlying wage pressure and how companies handle that in a year of slow and growth and more uncertainty will be really, really criminal for profits over the next four to five quarters you can brush there aside. you can say like transport has been weak. russell has been week. what does it all mean to you >> i'm agreeing with both kudlow and you and i when we had the conversation coming onset. i think t

netflix. >> the night is dark and full of netflix. hbo knows that. pivot and attempt to become much more of a streaming .ervice >> we have more on this story from felix gillette. >> longtime head of hbo resigned this past week. >> 27 years of the company, long time. >> end of an era. they said hbo is a media company not a technology company. along comes at&t which is seizing control of warner media and all assets and moving forward with this plan. for the future is in part that they want to roll consumerdirect to streaming service by the end of the year that will compete with net what can pull in all this programming from the warner media assets and hbo will be a huge part of this. to say, ok hbo has been dabbling in this world of direct to consumer and streaming products for almost a decade now. theyhere along the way fell way behind netflix. what is it like to work on the technology side of a business that says we are not a tech company/ -- company? a lot of people have been in chanted and ultimately frustrated by this challenge over the years of trying to optimize hbo on the internet.

subscribers across 20 players -- 20 countries and maintains a bigger footprint the netflix in the middle east. joining us is the ceo and cofounder. as you look at to what apple is doing and other big names, it's clearly getting much more congested, it feels. is that a bit of an issue for you? guest: look, with think there is still plenty of opportunity in this space and we are firm believers in localizing the service, localizing the experience. , thereen we started here were several hundred thousand netflix users in the market that were accessing the service through vpn so competition has always been part and parcel of this industry. it's challenging but we're finding ever nich in the space. yousef: in terms of how you find that niche, you want to get more local content on board. you look at the billions of dollars spent by netflix. notontent creation, you're necessarily looking to replicate that. run me through why you're not getting into production just yet, and how you get more local content. maaz: it starts with content. like you pointed out, netflix is focusing more on its original

? >> i doubt it. >> thanks. can disney learn to content like netflix before netflix learns to create content like disney? the answer will decide who controls the industry. we'll dig deeper next on "power lunch. got that. free access to every platform. yeah, that too. i don't want any trade minimums. yeah, i totally agree, they don't have any of those. i want to know what i'm paying upfront. yes, absolutely. do you just say yes to everything? hm. well i say no to kale. mm. yeah, they say if you blanch it it's better, but that seems like a lot of work. no hidden fees. no platform fees. no trade minimums. and yes, it's all at one low price. td ameritrade. ♪ >>> a key issue facing disney is content wars with netflix. jpmorgan saying the streaming service could exceed netflix subscribers and shares of disney up 4% compared to netflix up 30%. there's a strong buy on disney, a buy on netflix the preference to disney do you believe the number of subscribers to the new streaming service could exceed that of netflix's? >> i think there's a possibility of that. i think the question is when cl

netflix, prime video, and youtube with the sound of your voice. and i don't have my wallet. so... that's simple. easy. awesome. switch to xfinity and get started with this great offer. plus, ask about 4k ultra hd and packages that include netflix. click, call or visit a store today. >>> 11:13 i your time this morning. now to decision 2020. kirsten gillibrand madof her ru cial with a new campaign video over the weekend. >> will brave win? >> will brave win? >> gillibrand seizing there on the word brave. in the video she calls for universal health care and a green new deal. she asks supporters to meet next sunday for a rly outside trump tower in manhattan. so still not in the race former vice president joe biden. pot he at a fund-raising dinner in delaware and a slipthf tongue brought the crowd to its enet. let's li >> i have the most progressivebo record of a running for the -- anybody who would run. [ cheers and applause ] >> i didn't mean it. of be anybody who would run. >> a definite announcement is expected around early to mid april. somes insid have said biden is certain he

, but they're going to be launching worldwide, all around the world at the same time so unlike netflix, which really started here in the u.s. and then scaled globally, this is going to be an international launch and oprah winfrey was talking about, she really likes the fact that she's going to be able to reach so many people through this service so this is going to be an additional subscription tier and we'll see how many people sign up for it. >> julia, thank you very much. let's bring in our panel for reaction russ gerber, kevin landis, and dan raeburraeburn, very good afn to you all kevin, if i start with you, do you think anything you saw today is game changing for the company? >> well, you know, we've all been waiting for apple to really kind of get into this game for a number of years now. i mean, the term appletv has been around for a long time, but we really thought they were going to blow us away, and still hoping that they do that so, you know, i'm struck that they have a lot of really famous names there, but you don't know great content until you see it so we'll just have to

explain why he is going all in on the e-sports fever. >>> check out shares of netflix under pressure after one an lit says the streaming competition is heating up. there's much more "fast" after this [leaf blower] you should be mad at leaf blowers. [beep] you should be mad your neighbor always wants to hang out. and you should be mad your smart fridge is unnecessarily complicated. but you're not mad, because you have e*trade which isn't complicated. their tools make trading quicker and simpler. so you can take on the markets with confidence. don't get mad. get e*trade and start trading today. don't get mad. that there's a lobster i in our hot tub?t. lobster: oh, you guys. there's a jet! oh...i needed this. no, i can't believe how easy it was to save hundreds of dollars on our car insurance with geico. we could have been doing this a long time ago. so, you guys staying at the hotel? yeah, we just got married. oh ho-ho! congratulations! thank you. yeah, i'm afraid of commitment... and being boiled alive. oh, shoot. believe it. geico could save you 15% or more on car insurance. that guy's the

>> wow >> they say using netflix as a benchmark implies that youtube's value is about 140 billion, representing 19% of google's value. >> i think they'll start talking. i think one thing that has -- is changing at alphabet, like when amazon, we had andy jassy on, these companies will start talking about how they're not doing as badly as people think because they're tired of the cloud kings just -- tired of vm ware, tired of service now, tired of workday they are doing great stuff one thing that was amazing was i talked to benioff about google google is getting into the customer service business. i think that you're seeing these companies saying we're mad as hell and not going to take it anymore. >> going on offense. >> yes, going on offense they have not done that. they have held back. they didn't want to be part of the conversation i think that's changing. >> one last point, guys, this morning, regards the gold miners newmont mining ceo gary goldberg and brian sullivan talking about his rejection of that takeover bid by barrick take a listen. >> we reviewed it about our advisers

next and is apple about to unleash a netflix killer we're going to view the event. here's a look at yesterday's s&p 500 win skpeners and losers. ♪ ♪ ♪ each day, brings new possibilities. that's why you need a partner dedicated to helping your company reach its goals. u.s. bank -- the power of possible. we're finally going on the trip i've been promising. because with expedia, i saved when i added a hotel to our flight. ♪ so even when she outgrows her costume, we'll never outgrow the memory of our adventure together. unlock savings when you add select hotels to your existing trip. only when you book with expedia. you're watching "squawk box," live from the nasdaq market site in times square. >>> good morning, among the stories front and center, apple is set to unveil some new video and news services today. that will take place at apple's headquarters in california we'll have more on apple e's evt in ten minutes. >>> subscribers to u-verse did not lose viacom channels like mvt and nickelodeon. the two sides have decided to continue talks on a new contract past the friday night

. it's already being nicknamed the netflix of gaming. google also introduced its own game controller for console-like gaming on a computer or smartphone though much remains to be seen how well this will work. i spoke with google vice president following the announcement. take a listen. >> we see it as the new generation of game platforms. that combine the world of watching games and playing games into one seamless experience. this has been perfect for the 21st century powered by the amazing technology that only google can bring to bear. emily: but can only google bring certain kinds of content? will this have exclusive content? >> yes. we formed -- we announced today the formation of games and entertainment which is google's first party games development studio. and we are working with developers to create games exclusively for it all around the world right now. we've already shipped hundreds of development tools to leading studios and they're hard at work creating games for the platform. emily: will you also be licensing content, gaming content is a lot more expensive than typical strea

worldwide to the likes of h.b.o. amazon and netflix where their success borders on the phenomenal. so what is the secret to their edgy creativity when my colleague scott roxboro went to jerusalem to find out how the israelis make such high octane drama on a shoestring budget. israeli t.v. draws its inspiration from the frontline of political terror. and from the most personal of family drama. do you see it. on the spectrum of taste. at the end while i on t.v. conference in jerusalem writers from around the world come to learn how to make drama the israeli way partly it's an attitude. israelis just don't seem to have time for niceties we just cut to the chase we say it like it is and therefore we're not afraid of really challenging subjects we're not politically correct in the positive sense so we're not offensive but we're also ready to tackle issues head on. as one of the country's top t.v. producers donna stern focuses on uniquely israeli stories so we'll do less of cop procedurals shows no hospital shows you know americans do that better than we can but we can tell stories that regularl

it's not killing netflix price action shows that. it's helping roku. price action shows that. i think they did enough with leaving -- >> sorry what do you mean >> price action in roku. benefits them, tailwind. price action in netflix, not a netflix killer but apple is not a -- >> it will be included so apple will be included on roku's platform. >> guy, what do you think, credit card, the tv, the credit card -- >> welcome it's great to have you here. >> you're always welcoming >> welcome back. let's get those pleasantries out of the way. >> it's nice. >> listen -- >> back to the matter at hand. >> it was a pretty interesting announcement getting away from the hardware side and think it's interesting. credit card, people will say, not a big deal for a lot of millennials it might be they're working on that install base without question. in terms of the stock, though, all-time high 232 or so in september. traded down to 1 -- what was it 142-ish on december 24th if you look at the 50% retracement puts you exactly where it's trading right now i happen to watch the "squawk box" with joe kern

most part have beaten the s&p 500 the only exception netflix after being downgraded if you're bullish and you think that this rally can roll on, then you're happy with that form fans from the fangs finally. >> you are and i think it provides another leg up, of course, let's use the caveat trade talks. they completely collapse and see a downdraft. it was only a matter of time before the fangs caught up they're fast growing they're great companies and elizabeth warren be damned that's not going to happen, not breaking them up still cheap. alph alphabet, one of the cheapest. facebook, one of the cheaper stocks out there i'm still in google. a painful ride, not terribly painful but i'm staying. >> >> pete, as we said, netflix flat, month to date. s&ps up 2. amazon up 3 and a half the fangs are back is this for real. >> i think it is the fangs are back but, again, the caveat of the trade talks being a big part let's not neglect the idea we are seeing nvidia. $150, they all of a sudden make a big acquisition, trading at 16 a. amd, intel, microsoft, it's great to see the fangs moving

push back after netflix wins big at the oscars. the proposed rule change backed by a big director, the biggest director that may make a repeat impossible. ♪ [baby crib musical mobile] millions are still exposed to the dangers of secondhand smoke. and some of them can't do anything about it. but you can. protect your family. visit tobaccofreeca.com. try my sourdough patty melt combo with fries and a drink for just $4.99. it's the perfect remedy for the uncomfortable things in life... like flying, the dentist ...and guys named ronald. i have my reasons. try my $4.99 sourdough patty melt combo today. sarah's last tuition payment, sent off. feeling good? oh yeah. now i'm ready to focus on my project. ♪ ♪ this is why we plan. ♪ ♪ you never cease to amaze me, maya. see how investing with a j.p. morgan advisor can help you. visit your local chase branch. comes with 100% beef, grilled onions, and two types of melty cheese on toasted sourdough, plus fries and a drink. it's comfort food for the uncomfortable things in life. yep, this guy knows what i'm talking about. try my $4.99 sourd

minister. stay with us on bbc news, still to come: taking on netflix. apple enters the tv streaming market with an all—star cast. let there be no more war or bloodshed between arabs and israelis. very good. applause so proud of both of you. applause with great regret, the committee have decided that south africa should be excluded from the 1970 competition. chants streaking across the sky, the white—hot wreckage from mir drew gasps from onlookers on fiji. onlooker: wow! this is bbc news, the latest headlines: british mps have voted to take control of the parliamentary agenda on brexit — they're now expected to hold a series of indicative votes on what to do next. after israeli airstrikes across gaza, palestinian militants have retaliated, firing a barrage of rockets into israel. cardiff city football club is arguing that the deal they signed for the striker, emiliano sala, wasn't legally binding. the footballer died in a plane crash in the english channel injanuary. cardiff is refusing to make payments towards the fifteen—million pound transfer fee agreed with the french clu

was selling streaming service, apple tv+. it is meant to be a rival to netflix and amazon. apple rolled out hollywood stars to make its pitch, including jennifer aniston, steven a spielber even oprah. the c credit-card and news service. dave lee was at the event and he spoke to me earli. how much of a strategic shift is this for apple? dave: yes, laura, you mentioned they were unveiling the future reaming service. i think they were also unveiling essentially the future of apple, a company at will have to rely less on selling hardware and selling things ld e the iphone ll have to bring in new streams of revenue, what they call the services division. this is things like apple music, the icloud, and now apple tv+. what they will have is a measure of original content the way netflix makes its own material and apple is suspending -- is spending $2 billion achieving that. it will also be a portal tan other ls, channels like hbo and showtime, that people can buy through apple, throughce their de and apple will take a cut of some of the revenue. this is a strategy for apple to earn more

future and the shares of netflix and roku are skyrocketing this year. should you be there? where should you be invested in this hot space? all that and more. we'll be right back. ♪ this is decision tech. it's screening technology that helps you find a stock based on what's trending or an investing goal. it's real-time insights and information, in your own customized view of the market. it's smarter trading technology, for smarter trading decisions. and it's only from fidelity. open an account with no minimums today. and it's only from fidelity. 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. charles: apple just wrapping up their annual shareholders meeting where they lay out the obje