at microsoft headquarters in washington, 11:00 a.m. on wall street, and "squawk alley" is live ♪ ♪ ♪ ♪ >>> happy wednesday. welcome to "squawk alley." i'm jon fortt with carl quintanilla. major indices selling off as a slew of earnings microsoft reported last night and is bucking the dow. it is up more than 3%. some big names like facebook, apple, and tesla are waiting on deck on what is the 11-year anniversary on the introduction of the ipad, believe it or not we are looking forward to those earnings after the bell. we are also expecting the first covid response team briefing under the biden administration we will take you there live as soon as it begins. but also happening in these markets this disconnect between fundamentals and valuations, the short squeeze, names like gamestop and amc surging surging isn't even the word for it look at that gamestop up 131% of the amc up more than 200% that's tripling. for that let's bring in leslie picker leslie, i don't know whether this is legal market manipulation, whether it is not, is

everything working for microsoft. the market was rebalancing anyway. >> we are out of time here for "closing bell," thank you so much for watching. fast money starts right now. >>> i'm melissa lee and this is "fast money. tonight on fast, a regime change on wall street those words from noted investors as names like gamestop continue to rift higher look at the moves in the after hours session. we'll get tom's take on the reddit rebellion. >>> plus, sizzling hot, beyond meat soaring today the big deal that sent shares towards an all time hour stick around for a bonus hour of "fast money. if you've got any investment qus,

just the execution for microsoft. this is against a backdrop where enter myself spend is only going to grow this year. that is notable that we've seen microsoft be able to establish itself on the consumer side of the business and we see growth in azure remember when we were talking about amazon web services? that was the behemoth. there was no chance for microsoft -- >> forgive me, shannon i'm just going to break away for a moment i want to go to the white house where janet yellen is being sworn in by the vice president [ inaudible >> they take this obligation freely >> that i take this obligation freely. >> without any mental reservation or purpose of evasion. >> without any mental reservation or purpose of evasion. >> and that i will faithfully discharge. >> and they will and faithfully discharge. >> the duties of the office upon which i am about to enter. >> the duties of the office upon which i am about to enter. >> so help me god. >> so help me god. >> congratulations, madam secretary. congratulations. >> okay. w

everything working for microsoft. the market was rebalancing anyway. >> we are out of time here for "closing bell," thank you so much for watching. fast money starts right now. >>> i'm melissa lee and this is "fast money. tonight on fast, a regime change on wall street those words from noted investors as names like gamestop continue to rift higher look at the moves in the after hours session. we'll get tom's take on the reddit rebellion. >>> plus, sizzling hot, beyond meat soaring today the big deal that sent shares towards an all time hour stick around for a bonus hour of "fast money. if you've got any investment questions, tweet u us @cnbcfastmoney. all three stocks on the move in the after hours session after reporting results. w we've got full team coverage kate rogers is at&standing by on starbucks. more on microsoft's big quarter. josh. >> for microsoft these are strong beats across the board, not just the bottom and the top, but look at these segments revenue and productivity and business processes, 13.4 billio

microsoft leaving the charge. i also want to bring to your attention, gamestop, that is surging another 67% in the post market after doubling its value in regular trading. that story is still ongoing. this time, the gains are driven by a tweet from elon musk, tweeting a link to the reddit chain. we are also seeing similar moves , very much while in the line. flip of the board and we will really see those stay-at-home names take a backseat after several days of defensive trade leading. it tells you that some of the go to trade in 2020 maybe losing some of that steam in 2021. emily: thank you. who knew the word gamestop could carry so much weight. president biden is releasing climate change statements at a massive clip. i will sit down and talk about what this means for the country's most popular's -- so you're a small business, or a big one. you were thriving, but then... oh. ah. okay. plan, pivot. how do you bounce back? you don't, you bounce forward, with serious and reliable internet. powered by the largest gig

microsoft teams doing very well indeed. so a big quarter for microsoft, dow component, will be interesting to see how it all shakes out with share prices tomorrow morning. connell, back to you. connell: yeah. should certainly help the dow, up 6% on the stock price. gerri, thank you. we'll have more with microsoft later. i wasn't through with art laffer. talk about the minimum wage a little bit and this push we've seen to increase the federal minimum wage, new developments, senator bernie sanders and other democrats introducing new legislation that would raise the federal minimum wage up to 15 bucks an hour. they want to do it by the year 2024. here is senator sanders making his case. >> nobody in america, not in the north or the south, the east or the west who can survive on $7.25 an hour federal minimum wage. you can't make it on nine bucks. you can't make it on $12 an hour. minimum wage must be a living wage enabling people to live with dignity. connell: all right. art, that last, the way he phrased that, i want to ask yo

we kick things off from a monster move from microsoft. they are surging josh lipton is fresh off the call what's the news here >> we have microsoft executives talking to analysts. cfo amy hood saying commercial cloud 16.7 billion with growth accelerating calling that an overall p.c. market that was stronger than expected the ad market showing improvement of course benefitting search and linkedin. in broad strokes we're seeing a new age of digital transformation and microsoft is powering that with the cloud platform and investing to bring more customers going line by line linkedin revenue up 23% and record levels of engagement. teams 60 million daily active users on mobile alone now and gaming surpassed 5 billion in revenue for the first time the launch of the new console was the most successful. we're gaining console share. >> did you say 60 million daily acty users on mobile alone 6-0? >> he did talk about teams and gave that stat 6 0 million daily actactive uses on mobile. >> josh, keep us posted. josh lipton. we're seeing those shares

. >>> microsoft also on the rise this morning on strong earnings. thanks to pandemic driven demand, it's a bit of a different story for starbucks, the stock which saw its bounce back in the u.s. curtailed by covid once again, and for the first time in more than 60 years, the baseball hall of fame announcing no new inductees will be welcomed in it is wednesday, january 27th, 2021, and you're watching "worldwide exchange" here on cnbc ♪ ♪ woo hoo ♪ >> and good morning to you, i'm frank holland in for brian sullivan here's how your money and the global markets they're setting up their day at least so far stock futures are a bit mixed right now. we're taking a look at them. s&p down, the dow jones down as well the nasdaq the only one in the green clearly getting a boost from those strong microsoft earnings this after stocks ended slightly lower yesterday. the busiest week of earnings, it just rolls on with big tech once again in focus apple, facebook and tesla all report results after the bell. we also get earnings from at&t and boeing today inves

tom: forget about microsoft, the microsoft -- the markets are down and the fix is on two big figures, that's what i'd call more mole. on the pandemic, jennifer joins us. what is so important it is her focus. the science, then you get out of the science and you do applied pity me out that's what she's expert at she joins us this morning. jennifer, what are your thoughts on the manufacture and the blue-collar of vaccine. -- doing vaccines. are we doing the right approach? >> the number state increases, which is encouraging. and i'm urged by the survey saying that more people want to get it now than in the months prior. it's a good approach. obviously there are challenges ahead. we need to continue to control the virus i other knee. and of course there is the global situation. as the virus continues to circulate, even protected by vaccines we have to worry about the for mutating -- potential for mutating. it needs to be wired -- widely available. lisa: a lot of us are sick and tired of social distancing was trending on twitter yesterday, hitting the pandemic wall. at one -- what point wi

microsoft loves the microsoft-gm investment and they're ripping on that, and i hear you 100% on your concerns about interest rates going up and how that would impact the growth trade. our next guest today, and our featured guest is focused on that it's just a matter of when, not if, rates are going up mike wilson is the chief u.s. equity strategist for morgan stanley. welcome back >> hi, scott how are you doing? >> good, thanks. that's an issue, rising rates and you think they'll continue to go up >> yeah. there's always issues. our job as strategists is to try and just, you know, shed light on things that people may not be pay attention to first of all, the equity market has traded already as if rates are going up, meaning all of these cyclical stocks have moved in advance of when we think will be a higher rate move. rates have moved up to support that idea, but we think they could go up quite a bit more over the course of the next several months and we have a lot of things right in front of us that are amazing and janet yellen, she's very supportive of a view and drives inflation a

that will persist for a few years and microsoft is number one in hybrid cloud. not a lot i think i'm going to hear on the call i think a winner for most people in their portfolio. >> a winner it has been for the bulls, de la kno ed what should investors be aware of ahead of earnings >> the cloud computing growth. that's something we really like with microsoft we also like the environment, trends well for the cloud computing, high-tech and that's what microsoft is great at we also like the video game area the video game segment, smaller with a lot of growth potential we look at the new platforms and systems that were released also see the growth in e-sports, the growth in virtual reality gaming those are things microsoft will take advantage of in the future and we really like those trends. >> and microsoft in the spotlight after the bell today mark and delano, thank you for joining me for more industrial reports to watch, tradingnation.cnbc.com. >> always good to get windows into the stock >>> bitcoin falling down from the highs set all the way back on the 8th of

let's look at microsoft, please. with the magic number for microsoft? >> microsoft, we hope to see a 40% plus growth. they had been excelling over the last two years. they have grown at 3.5 and that the super important number because its underpinning the power between office, office 365. it's doing really well and it's actually winning in the marketplace. the other piece we are looking at is the game side. the gaming business is up 30% and they are still behind sony and nintendo in terms of consuls at 49 million but there is growth there. what's hurting them is linkedin, it's been flat they used to grow 20% year-over-year and then the other area they have had departures with julia white and brand adder sent. stuart: now let's get to apple. are they looking for a 100 billion-dollar revenue quarter? is that their magic number? >> that's going to be the magic number, a hundred billion and apple will be high just like amazon looking at a hundred billion dollar for the quarter, but it's also services. services are 67% of the profitability and apple one numbe

we'll do it next time, and the dow is down in spite of microsoft. so i don't know what all of this means for what's happening sarat, we'll see you soon, thanks >> we've got a lot more to talk about. the biggest winners and losers in this wild surge in game stop. robert frank will be back with us right after the break with that story by the way, check out shares of amc. that's another one of the big short squeeze plays that's been taking place you're looking at that stock up. 93%. $9.57, and then later, we'll show you that interview with the coo of robinhood, i mentioned earlier, and what he said about the influx of retail investors into the market. here's a sneak peek as we head to break. >> in idea that all retail investors are unsophisticated, they shouldn't be managing their money, and leave that to the tiperts or institutions is a noon that we just have to move past it's hard to hope, hard to cope with crisis. so we get to work. we mend, fighting for every person in every neighborhood; we, the coming of the common good. so dare to care, to be ho

microsoft will invest $2 billion. it's a collective group $2 million. the cruise valuation is now $30 billion. microsoft will provide software, cloud computing for autonomous vehicles here is the ceo of cruise talking about the importance of bringing microsoft into the team >> we are looking for self driving space and what we're doing at cruise, this is going to be the largest deployment of mission-critical ai out into the real world so it's a real partnership to have microsoft and cruise giving those capabilities and opportunities. >> another ev start-up announcing a round of startup. rivion announced it raised 6.25 billion. the first vehicles including some delivery trucks for amazon. they will be delivered later this year. for a point of reference, rivian's investment valuation $27.6 billion. today is the first day of trading between the new fiat chrysler and psa combined company. guess what the market cap is 4.tuition billion. it shows you where investors think the value is in the future with rivian having that valuation right now. julia. >> just re

and clearly, microsoft and apple are flowers. but as a hedge fund manager, if you are taking -- if you are covering some shorts, you are also taking down longs but you are also taking down over overall gross. to me it is not surprising to see the broader market collateral damage. and also at a time when people are using this moment to question some very, very frothy trades and i don't mean the amcs and the game stops i think that's a linchpin and a catalytic market overall. >> what kind of decline are you looking for here tim for investors to get more comfortable? are you looking for a certain number or spotin the index you are looking for specifically or is it something more related to vaccines, economic data, earnings >> right well, i think lindsey, first of all, people are looking at the s&p. they are looking at 2712 or so, which is right around where we are. today is the 50 day. we traded through there for a few days in october. i think the underlying principles that are supporting the market here -- i think this is the momen

take microsoft, take the shares, take those shares and short the company. jonathan: i like having romain : because he insults you so much. i think it's wonderful. [laughter] jonathan: one thing i have hated for a long, long time, short-sellers that come on program networks like this to say i've got a grand short, put out a report and smack the stock about. have we reset the approach they have been making to this market for the last several years? romaine: there's going to be a big reevaluation and the idea in the past there was this asymmetry of information out there and you don't have that in the same way that you use to. disclosures are coming faster, the ability for individual traders to react comes faster and it creates a different dynamic. that doesn't mean you won't have the big shorts coming in and telegraphed, but they will have to structure these trades in a much more sophisticated way. tom: a big earnings report today, romaine bostick leading it. looking forward to it. right now, away from gamestop to someone who has to deal with volatility and co

is that the same method of entry in microsoft's case? >> yeah. it's not clear to me from reading the reporting exactly how it did it. it sounds like an employee uploaded a patch that the russians gained access to or put some of their own entry code into. traditionally that's one of the big vulner abilities. if you can get into a software update uploaded into everyone's computers, it can create a back door and so they can enter any computer that uploaded that software. that's why it's important for all companies and the u.s. as a whole to protect what those uploads are and what those backups are and the source companies that actually have a wide footprint across the entire u.s. government appeared the u.s. economy. >> it bears repeating, microsoft says it found no evidence that the hackers got access to customer data and customers should not be concerned. but we still don't know the full impact here. we don't even know if they're still in some of these systems. so what are the long-term implications of this? and does the fact that president trump

it seemed as if apple, microsoft, facebook, those name, netflix were really gaining some traction and they reported excellent earnings if you look at the numbers microsoft, revenue is up 30% and apple and facebook in the 24% range beat on estimates of earnings and revenues and all sectors really so then what happened? we had this enormous short squeeze and the faangs, to some extent are a source of funds they become the virtual money market fund from which traders can get assets quickly so i think they suffered this week, despite their good earnings from liquidity pulls in order to cover the shorts. >> you think that? >> that's interesting. >> you think that's why say an apple absolutely knocks the cover off the ball with the earnings, right? the most profitable quarter ever and facebook does the same for the most part. >> exactly. >> and then the stocks are traded down on the week and both are negative on the week you're suggesting there was a direct correlation with gamestop and how those other names have traded >> i think it's possible i don't know that, but if you're looking at st

the winners there -- believe it or not, there are winners -- walgreens, 3m and microsoft. 3m and microsoft are up on earnings. what's interesting to me on 3m is, yes, they make n95 a masks, but as this vaccination rollout happens, they're also going to be able to supply schools and dental offices with the equipment they need. the vaccine is still very much in the news in addition to the social media trades. stuart: you got that right. all right, thanks, lauren. look at this, i've got a brand new -- or we have a brand new foxnews.com op-ed, and it reads: trump answered liberal prayers through conservative means. trump answering liberal prayers through conservative means. deroy murdock wrote that, and he's with us now. you want to explain that? >> stuart, how are you? good to talk to you. absolutely. what people on the left are should do with donald j. trump is rather than scream nasty words and names at him, they should say two words, thank you. time and time again he actually sort of delivered on liberal slogans and goals but did so through conservative means that make people on the right,

you mentioned microsoft and apple. microsoft tonight, apple tomorrow. that is 4.2 trillion of investor capital looking for good news. let's hope we get one. cheryl: alicia i said to you, good morning but, i get up 3:00 in the morning to do the morning show. i talk about market positivity. you could have made a bearish case in 2020. everybody was proven wrong by that. as we go. >> into 2021 we have virus and vaccines. how do you evaluate those two? >> there is softness in the market in the near term. you can't ignore all the positives in the second half of the year. as weigh go into earnings for just a second, what is interesting the old economy stocks, not the tech stocks, they have spent 2020 rightsizing their cost structure. which means revenue starts growing again the earnings power will be awesome to, use a technical term. earnings for 2021 and 2022 have to go higher because cost instruction structures are set for a new world going forward. this is the plumbing quarter where costs are brought under control. that is the first thing. the second thing,

that includes major non europeans such as amazon microsoft and china's far away so what are the europeans behind it hoping to achieve well it speak to seize on a day move from bit to come which represents thousands of companies in germany's digital sector welcome to g.w. business it's great to have it so what are the advantages supposed to be for european companies of geir xx. well the general idea of off guy x. is to create a cloud data infrastructure in europe that complies with the needs of technology users and doing so by actually creating a consistent set of rules are not protected is that provides the needed. data protection i.t. security but also flexibility and interoperability and yet for european companies this is a chance to get a bigger range or a bigger variety of services. that that need meet their needs right it's often been described as you know for europe by europe we are seeing these other companies like microsoft like amazon google choir way getting involved with this does that undermine that principle. well i i don't think so i think. aim of guy x. is to generate attra

it also has a big self-driving unit and has announced a deal this past week with microsoft. so, look, the case for these companies is that electric vehicles, that's the future. but it's nice to be able to fund that future by selling lucrative pickup trucks and sport utility vehicles right now. i think, you know, bank of america says there's a valuation tug of war going on right now between the incumbents and the insurgents, but, i guess, at least ford and gm seem to be having a pretty good few weeks. jack: i think that electric mustang might make ford cooler, and pickup truck drivers, once they get behind the wheel of an electric pickup, it might be attractive. >> yeah, i've heard the argument or i want a muscle, you know, gasoline vehicle are. go out and ride a roller coaster and ride the difference between an electric the drive roller coaster and a chain drive roller coaster. see which one pins your head to the head rest, and that'll tell you about what some of the propulsion is going to look like. jack: they are speedy. coming up, democrats may have more control in washin

is buy right, buying the microsoft shares at $228, 100 shares then sell one call against it. that's the writing part. writing a call option. specifically i was looking at the march 245s microsoft is paying a 56-cent dividend put the dividend together with the yield collected for the call and you get more than a 2.1% yield from now until march expiration if you bought the shares just go sideways, collecting a little over 2% yield. that may not sound like a lot, but it's less than two months. over time that begins to add up. when those expire, do the same process. essentially rinse and repeat only thing is, of course, sell the upside, capping potential gains, but your upside gains are more than 9% in a trade like this oneover 60 days >> thanks, mike. carter, you've got a chart for us >> we do look at it identical to apple meaning where did it peak? september 2nd like apple ahead of themselves and now fully rested microsoft presumptively will break out as netflix has just done, and we believe apple will too. >> and, tony, you use this strategy too >> i do. actually one of the be

as an example last night, microsoft beat on all three. could you say microsoft is extended? i don't think so. i think there is a durable investment theme within microsoft around azure and around pc, and around gaming that is very compelling. is it cheaper, i would not say it's cheap. but over time you will realize that as companies are delivering growth and earnings, valuation is number two or number three. i think that's important to know. we are focused on revenue growth and margin expansion as we look at all of these things. alix: mark, stick with us, we will talk more in just a second. breaking is oil inventories crushing it here, a huge draw on overall inventories. 9.9 million barrels drawn out of overall inventory in the u.s.. a lot of that went to a gasoline bill. 2.5 million barrels. finally -- refinery utilization was down a touch. i wonder if it's a supply driven story. we will break down more on energy and the impact of president biden's climate policy. this is bloomberg. ritika: this is bloomberg markets. i am ritika gupta. coming up we have diane at 3:00 p.m. ne

we have always be long microsoft. look at something like bling, that has the potential to take off chew which or peloton did last year. charles: yeah. >> i'm trying to focus on -- charles: hard not to be excited about charging stations when everyone will end up having an electric vehicle the next three to five years. ladies, great stuff, appreciate your expertise. always, michelle, danielle, talk to you real soon. >>> folks all of sudden there is an issue in this country actually more pressing than covid-19. sadly with this one i'm not sure there is a cure in sight. fox news contributors liz peek and deroy murdock join me on all-star panel next. boom of esports getting bigger. impact on society including your children. by the way how you can cash in on the boom. we'll be right back. hey, guys! they have customized solutions to help our family's special needs... giving us confidence in our future ...and in kevin's. voya. well planned. well invested. well protected. so through ancestry, i discovered my great aunt ruth s

specifically ways looking at the march 245s you could collect $4.30 for that think about this microsoft issing also going to be paying a 50 cent dividend you put the dividend together with the yield you collect for that call. you get more than a 2.1% yield from now until march expiration. so if you bought the shares and they just go sideways, you're going to collect a little over 2% yield that may not sound like a lot, but that's less than two months. over time that really begins to add up when those expire, you do the same process, essentially rinse and repeat the only thing is, of course, if you sell the up side call, you are capping your potential gains. your up side gains are still more than 9% in a trade like this over 60 days. >> thanks for that, mike carter, you got a track for us >> we do look at it, it's identical to apple, meaning where did it peak september 2nd, just like apple they were all ahead of themselves they're fully rested microsoft will break out as netflix has done, as we believe apple will >> tony, i imagine you used the strategy, too. >> i do, and this is actuall

apple down more that 5% this week test ha, microsoft, facebook and others getting sold off. perhaps the reason smaller traders bidding up from the stock's big hedge funds are betting will fall. this is largely being sold as the little guy taking down big bad hedge fund steve grasso, there is of course some of that like most stories, it is not quite that simple, because it appears what began as this reddit rebellion against a few highly shorted stocks might be affecting other parts of the macro market and mom and pop stock wondering what's going on. >> that's a great way of looking at it. you talk about high short interest and the rest of the market has fallen out of bed think about how many people own stocks think about the pension funds. think an the teachers pension funds. think about police officers. think about firemen. think about the average joes out there who i consider myself an average. >> i just oe that are making money in an institution, not a wall street institution. they own stocks, too so i have to figure that their pension funds and the way that they are in th

we will get microsoft after the bell today. that will be a bellwether, if we still want to use that phrase, for a lot of people. tom: we do. romain. -- romaine: ok, i am not sure what the rules are here. tom: from where you set, we are waiting for dow jones industrial average outperformance. within the zeitgeist that you see, is that the idea that the dow finally catches up to the other industries or not -- the other indices were not? romaine: i don't know about the dow or not. the transports have actually managed to catch up. if you believe in dow theory and all of that, like back in the old days ring the great depression, about how it all sort of breaks out, you saw that boost the transports, the cyclicals. those industrial names are playing catch-up with tech stocks. but a lot of the big cap tech names have kind of rolled off here. talk about consolidation and the idea that whatever growth you got out of them over the past few years, that that might actually be done, and now folks are looking for new tech stocks. we heard fr

he says "bill gates don't dangle diamonds in your face when he microsofting the place." accurate or no? >> well, lyrics aren't the ultimate full description of people i kind of doubt. i'm very lucky. i sometimes fly in a plane, i have -- i don't have to worry about whether i'm going have enough money to do things like kids education. so i hope taking some responsibility for the lucky position i am in by giving my time to the foundation. >> but andre seems to like that she doesn't think you're showy. >> well, i'll try to live up to that. i don't try to be showy. >> here is one about a tax policy. this is from young new york rapper joe by badass. he says "just had to pay like 60 stacks in tax. why they take a piece of my assets? does bill gates have these same fees? please, i need the answer." is it accurate that some wealthy people avoid their fair share? >> you know, i've paid over $10 billion in taxes, and i think you can have a progressive tax system where people in my position would have paid more. obviously you can go to an extreme where you hurt the incentives, but

a couple of billion for microsoft, driverless cars stock hitting a record high. we'll be right back with much more on this buying deal competition beat us, again. how? they have a better finance system than we do. i feel like they might have a better finance system than we do. workday. how do they make better decisions faster? workday. got to do something. workday! i think i got something. work... hey, rob, you're on mute. hello. [all] hey... there he is. workday, the finance, hr, and planning system for a changing world. ♪ch-ch-changes♪ your grooming business is booming. you need to hire. i need indeed. indeed you do. the moment you sponsor a job on indeed you get a shortlist of quality candidates from a resume data base. claim your seventy-five-dollar credit when you post your first job at indeed.com/groomer to defend against dark forces attacking your organization, you need to see in the dark. to have the wisdom to understand multiple cyber threats. the precision focus to end attacks instantly. on computers, mobile devices, servers and the cloud. join the

we'll start with microsoft. both of these companies have almost doubled in value since the covid lows in march. they're very exciting stocks to watch. very different reason for their success, a lot of their success is based on cloud computing, all the work at home programs, that they have, not only programs but new products focused on that have been very successful. it is the second largest cloud producers, cloud company next to amazon. it is really moving. that is where investors focus most of their attention. they're into other things. their gaming products. the xboxs are doing very well. we have some pads out there that a lot of people are focusing on. they have the office 365. but again, almost doubled since the march lows. a company that is actually done better than the march lows in terms of doubling its value is starbucks? everybody said that it is going to take years for starbucks to get over covid. they have come back dramatically. primarily because of what is happening in china. their international sal

microsoft reports tuesday. we are looking for the first 40 billion-dollar quarter on microsoft cloud and gaming is the headliner. tesla expected to report a sixth straight quarter of profit with quality of a growth likely examined. facebook will see a big recovery with advertising revenue after covid. almost 20% of s&p reporting this weekend one point of concern so far has been the fact that companies have done well so far in this early earnings season and the ones that raised guidance have not been rewarded, but that makes people wonder what's been priced into the market already. stuart: extraordinarily walk up to the earnings of these big tech companies, all of them-- most at least going straight up. let's bring in keith fitz-gerald. tech going straight up leading to the earnings report. do you think money is coming out of the rest of the market and going into big tech? >> that's interesting. no, i actually don't. i think there's money coming off the sidelines as people realize big tech is changing our world

the top performer was microsoft. flip up the boards and you will see that microsoft and general motors both gaining quite a bit. they partnered up in a $2 billion investment round in cruze, a self-driving startup majority owned by gm. my last ticker here, the global electric and autonomous vehicles etf, rising and ending the day at session highs, even as janet yellen in her congressional testimony talks about ev as an arena where they can both compete. to talk about the u.s. competing in that space, extremely important. the big story for tuesday was absolutely those netflix gains. emily: think you so much for that round up. we will talk about those gains now. netflix ending its biggest year in company history with a bang, adding more customers than expected and saying it no longer needs to borrow money to continue to build his entertainment empire. the company past the 200 million subscriber mark for the first time. with $8.2 billion in cash, they said they no longer need external financing. obviously, netflix surpas

. >> safes force and microsoft are part of it. . >> you get your test, you're negative. you get a smartphone. you download it on to your apple wallet or your google pay. >> the ceo is one of the coordinators. when do you think the general public will be required to hold a vaccination passport with them before they can enter a school or a workplace? >> i think that's a big important question. i think communities and communications will make these questions. >> they believe the closer we get, the more imperative a vaccine passport will become. >> some people won't be allowed to go back to work without a vaccination passport. >> some employers are making the provision to have the vaccination and they've ruled it's up to employees to make that decision. >> as to when it will be available for the general public. >> we'll be back on that to you. timeline for me would be in the next few weeks. >> in san francisco, luce pena,

liz: we don't like the b word, good to see you guys here's the winners amex, boeing, microsoft, microsoft one of scott's pics. intel is chipping higher, so for year-to-date as we look at what the big semi conductor giant is doing one of last week's biggest winners. year to date you can see it's not a bad picture at all, it's caught in the crossfire of the trump administration last stand with china. under secretary of state keith kroc to give us his exit interview the final parting shots being hurled that u.s. businesses like intel who do business with chinese companies that have military ties. why he says banning u.s. investors from owning 44 specific chinese stocks makes this country safer, closing bell bringing in 15 minutes we have real action in the final hour, stated were coming back on "the claman countdown". ♪ so you're a small business, or a big one. you were thriving, but then... oh. ah. okay. plan, pivot. how do you bounce back? you don't, you bounce forward, with serious and reliable internet. powered by the largest gig speed network in america. but is it secure? sure it's se

be apple, microsoft absolutely. facebook, it will have a little bit more after tougher time especially if it is worried about the ad revenue growth over the next year. gerry: jonathan, we obviously have alphabet and amazon to come i think next week that is. the tech sector has had a banner year. it has been a horrible year for almost everybody in the world except obviously for these big tech companies. there are questions obviously arise from that just how big they are and whether they can continue to be allowed to be that bag. >> banner year and banner five years for companies. when we see the big tech companies fall because of antitrust or the fact they come so far so fast. we'll see whether small caps, internationals what sectors of the market can pick up the slack if big tech does not. gerry: deion, they are under political pressure. facebook politically, to lister extent facebook and google, they are facing political pressure, possibly even breakup with actions coming from states attorney general and ftc from f

emily: what about microsoft? we know teams has been successful amid the pandemic but competitors making big moves like salesforce buying slack. and as we get closer to some sort of new normal, what does that do to engagement? >> iker soft interesting. i don't see the growth as strong . we are expecting revenues to grow 9%. teams is interesting. they have done well with the work from home initiative. i think the street will continue to focus on their commercial cloud business. i am looking for that to grow about 43-44%. sucked is a company, if we look back 10 years ago, they are a lot like where oracle is. they have been successful making the transition away from the desktop and becoming a major player in the commercial cloud area. that is what is driving their growth going forward. hats off to microsoft for making that transition. . emily: dan morgan, thank you so much. we will be across all of those earnings results next week. the hong kong government has confirmed it is officially locked-in down the kowloon dis

we have apple, faces book, microsoft, tesla, among others set to post quarterly results. we have a big week of earnings ahead. >>> as we head to break, some other top headlines today. china overtaking the united states assist the world's number one destination for foreign direct investment, or fdi. >>> ncr is reportedly nearing a deal to buy cardtronics for 39 bucks a share, roughly $1.7 million. they are outbidding two investment firms who previously agreed to buy them for $35 a share. but declined to raise their offer. >>> spacex launching a record, a record 143 satellites on a falcon 9 rocket this past weekend. this is the company's first mission that had payloads from multiple customers on board one particular mission stay tuned "worldwide exchange" will be back ♪♪ hey you, yeah you. i opened a sofi money account and it was the first time that i realized i could be earning interest back on my money. i just discovered sofi, and i'm an investor with a diversified portfolio. who am i?! i refinanced my student loans with sofi because of their low interest rates. thank

. >> i love microsoft. liz: kenny's like i love me some microsoft. have a good weekend. as we said, it is the last trading session of the month. we are watching each tick of this market for you. we've got at the moment the miami magnet, businesses fleeing high tax states are moving to miami. that's not necessarily news. but silicon alley's first tech billionaire has just pulled up his manhattan stakes and is already setting up an incubator he hopes will turn south florida into silicon valley. with the closing bell ringing in 47 minutes and the dow swooning, down about 451 points, we are watching major moves here. the billionaire founder of shutterstock on his startup plan for the sunshine state is next when "the claman countdown" comes right back. do you have a life insurance policy you no longer need? now you can sell your policy, even a term policy, for an immediate cash payment. we thought we had planned carefully for our retirement. but we quickly realized that we needed a way to supplement our income.

we have exposure to microsoft, googles, the facebooks of the woorld, but we're seeing a lot -- of the world, but we're seeing value on the smaller derivatives, the leading provider of microphones that go into consumer electronics, this is a play on the apple phone cycle which was very very strong yesterday. these guys are selling into the smartphones, the wireless headphones, the pcs, the tablets, they have mics in all of the hottest products in the consumer market, and technically it's trailed the russell 2000, as well as the tech sector that's a relative value trade we're seeing that is probably fair value in the mid 20s. it's below 20 bucks right now. >> we had an earlier guest describe faang plus microsoft as a defensive play do you agree with that or are you rolling into cyclical plays, like industrials and materials. >> industrials has been the spot to be since late last summer that trade is starting to fade relatively, the materials, industrials, banks have trailed the broader market tech has been resurging lately, but agree with the person who said you want exposure to the meg

including major unknown europeans such as amazon microsoft and china's far away so what would the advantages be for european companies well that's a question i put to suzanne damore from bits com which represents thousands of firms in germany's digital sector well the general idea of guy is to create a cloud data infrastructure in europe that complies with the needs of cloud technology uses and doing so by actually creating a consistent set of rules an architecture is that provides the needed. data protection i.t. security but also flexibility and interoperability and yet for european companies this is it sounds to get a bigger range. of a variety of services. that meet their needs right as it's often been described as you know for europe by europe who we are seeing these other companies like microsoft like amazon google chua way getting involved with this 2000 a mine that principle. well i don't think so i think. a mfg i.x. is to generate attractive and interactive services and really concrete to use as a value and as long as. it's all the companies involved can agree on a set of rules. i t

we also heard from microsoft's chief medical officer yes microsoft has achieved medical officer and calling code testing a critical 1st line of defense and executive from abbott laboratories described and at home test they hope to have in 30000000 homes by march $90000000.00 homes by midyear all that data could enable which she called a digital pass it would be a negative entry card like a boarding pass which we would carry and will admit us into retail and work spaces and baseball games and other places we've been avoiding during the shutdown for almost a year now the pandemic has accelerated technology trends already in motion like teleconference and e-commerce observing how even little guy retailers have been using apps for curbside pick up microsoft c.e.o. predicts what he calls real structural change because of the broad adoption of digital technology how people collaborate and learn and with so much changing so rapidly he predicts that even with the promise of the vaccine the future of work will require a lot more flexibility each year in las vegas we are jazz by the mojo the energy o