Immediately. Is that the case can you comment on that . Didnt quite characterize the conversation correctly, but to the larger more important point, we are happy to continue the conversation with the iraq is about what the right structure is weve been there to perform a Training Mission to help the Iraqi Security forces be successful and to continue the campaign against isis. Were going to continue that mission, but as times change and we get to a place where we can deliver what i believe and the president believes is a right structure with fewer resources dedicated to that mission, we will do so we also have today a nato team thats here at the state Department Working to develop a plan which will get burden sharing right in region as well so we can continue the Important Missions to protect and defend and keep the American People safe while reducing our cost, our resources and burden and the risk to our soldiers and sailors in the region. Here today at the podium you said the imminent
Welcome to squawk alley. Im Carl Quintanilla with Morgan Brennan an jon fortt at post 9 of the New York Stock Exchange a flat market today but a lot going on we have a lot to get to with our first guest, pinterest moving lower, amazon with a judge temporarily lock bblocking jedia lawsuit. But roku up. Yelp going the opposite way. Mark mahaney joins us live from San Francisco. Happy friday good to see you. Happy valentines day absolutely. Lets start with roku. Your title is stream it loud, stream it proud. Yeah. Whats the important dynamic on this name right now right now its active accounts they grew 4. 6 million, more than theyve ever added before. I heard jim cramer saying earlier today people shouldnt be surprised given the streaming wars people are somewhat surprised. This is a company that can sustain premium, i think 50 ad Revenue Growth for the next several years. They generated about 700 million in ad revenue last year. I think thats less than 1 or just around 1 of total tv adv
Weekly gain. Virus figures, coronavirus cases surging again, wall street still headed for strong gains for the week, s p and dow up more than 1 the past five sessions. The company beat on earnings, suspended its 2020 forecast on coronavirus uncertainty, and as well were going to be talking with the ceo of roku later this morning which also reported numbers. And jedi blocked, a federal judge haunting microsofts pentagon cloud contract after an amazon suit. For the second straight day the number of confirmed cases of coronavirus shot higher. Chinese authorities reported 5,000 new cases and 120 more deaths the death toll stands at nearly 1,400 and total cases into the range of 64,000. As increasingly guys, the conversations turning to diagnostics as opposed to the spread itself. Right there have been a number of articles that are very subjective about whats happened some of them say that, look, it could be a 24day incubation, so what they thought they were letting people go and some of it
Explaining that. Later, in honor of valentines day, tim seymour is going to do his best cube ed impression and tell you which storks on wall street you should love power lunch begins right now. Thank you, tyler welcome to power lunch, everybody. Im kelly evans and stocks are pulling back from record highs major indexes are still on track for second week of gains in a row and best month since june. Dow down about onethird percent now. Look at boeing one of the reasons why near session lows and down more than a percent on news that united says its canceling all 737 max flights until september now. Boeing down 1. 25 . Get to bob pisani at the new york stock market looking at damage done to the s p below the surface. Bob . Yeah. Boeings not helping caterpillar, ibm not helping today. Pointing out, kelly the right. Still up 1 for the week despite all these concerns she you the s p for the year new highs the other day. 4 were gain for 2020 so far thats quite impressive given all the issues w
Uncertainty. Coming in below estimates. Oil making a move higher for a change today, snapping a fiveweek losing streak, turning in one of the best weeks of the year nanny taylor is here welcome to ladies hour here. Girl power. You say tech is the key do you mean fang or something broader . I mean something broader than that we started to see the Economic Data ticking up, yet local p miismt its mi is moving up, small by, Chinese Consumer precoronavirus. So we have to see what is going to be the impact, farreaching impact i think thats good for stocks so i think stocks are less risky. So were looking at tech as if it doesnt work, nothing works right now the total confirmed cases are topping 64,000, the total death toll is nearly 1400. In the u. S. There are 15 confirmed cases with eight of them in california Many Companies are continuing to speak out about the impact the virus is having on their bottom lines. Today british drug Maker Astrazeneca reported quarterly results, warnings a hit