Looking for 0. 1 and fed minutes at 2 00 p. M. Eastern time. Our road map begins with the virus risk for stocks. Investors closely monitoring the potential economic fallout of the coronavirus outbreak as the death toll crosses 2,000 plus tesla stock is spiking again, why one Analyst ThinksEnergy Generation and storage are the next big thing to fuel the companys growth shares of dish network rallying the satellite tv provider beating estimates as pay tv stubs decline but at a slower pace stocks are poised for a positive open after the number of new virus cases falls in Mainland China and chinese officials announced fresh measures to support businesses struggling due to the outbreak globally the number offen could firmed cases exceeds 75,000 with confirmed deaths surpassing 2. Lowest number of new numbers for the month so far right with we dr. Fauci on yesterday, at closing bell and he was the most optimistic i think of the times he was on. He did point out, he was asked a question what do you feel about the americans coming off the japanese ship . He said pretty good. It was my decision so hes more or less in charge and hes basically saying, look, its not the end of the world. Theres going to be some things that go wrong but when i say that he was the most bullish, what i say is that i watched the nightly show we do, which is so good and i got a sense that hes seeing that there could be a path for this to end not as horribly, how about that, and so but he does not say hey, listen, the numbers are better, because i thinks learned his lesson unless hes in there, he cant tell about the real numbers but the numbers, i mean if you just, if theyre not totally lying, what you do is think theres two sets of numbers. There is the numbers in the cordon and you cant get out of the cordon and a number away from the cordon and also a 9yearold below dont get it, 30 and under, very little lethality. 50 to 30, not that bad 60 not so hot. Not so hot being if you have 14 death that is a very high rate so when you get the 70, 80, just beware that what it seems like to me there is an age bias that we should be talking about that no one is talking about. Its really dangerous. The classic influenza as well the casinos opening this week, stories out of reuters opening roads, trying to get back to work now we get adidas and puma, adidas sales are down 85 year on year. Is this a free pass for companies who want to guide lower . Kimberly greenberg talking about how nike is going to have numbers down 1 to 6 . I dont know how it is possible that adidas is just getting clubbed and nike and donahoe is good he took the job this is by nike nikes barely down this is by nike. This is also something we have to talk about. There are stocks on the ticker underneath and fuel cell, Virgin Galactic power again, right . Yes, so i mean theres a level of bubbling of belief that you know what . If we dont want to buy chinese stocks, we can go to the moon with Virgin Galactic those are usually bad signs but were in a market where if you say that, youre a killjoy killjoy trading down these guys filed on friday quiet little for a long weekend for 31 million shares in s1. David, why wean bring that up i dont know. Thought maybe people would want to know. Why are you letting the facts get in the way of an incredible story. There is a level of optimism here, carl, that is out of sync with what you might have felt monday with apple, and also a degree of whats really ailing apple its hard to get a hall pass to go outside your house. When i see the streets of beijing empty and story in the Financial Times how hard it is to get workers there i find it hard to believe everything is going up but i find im out of date im not going to say the markets wrong im out of date. People buying Virgin Galactic. Will you tell them were not going to mars someday . I listen to jenson at nvidia, which is upgraded today by someone who missed about 150 points and theyre going to the moon theyre going to the moon, david. Sounds good to me you thinking of adding space to your charitible trust no, i just feel like ive seen this movie very many times and then it turns out its a netflix. Its a series. Its narcos 2 mexico which im not crazy about. Cooperman on the half said were in the early stages of knocking done the door of euphoria right not quite in euphoria the conditions for a big decline are not yet present. Right that was encouraging that was a really interesting talk with Lee Cooperman and i think that one of the undercurrents hes trying to articulate what i see, which is that, a, its crazy out there but not crazy enough not crazy enough to do some selling, and then you mentioned a lot of stocks that we all know, like i thought that alphabet was a classic example of what hes saying. We can buy some alphabet he also had the value stocks the oils and those are dinosaur. You said theyre uninvestable they are uninvestable lee is running his own money these days but you want to listen to him. Theyre uninvestable. You say theyre uninvestable. He says theyre cheap. I say potato. You say theyre going to stay that way bp raises its dividend, a mighty stock with tremendous cash flow. It is doing incredibly well. How much does bp go up when it raises dividend quarter over quarter . Goes down two so wait, someone was saying buy concha, the dividend is going up are you kidding me unless they get a bid from occidental, i mentioned that because theyre funny, you find the situation where bachen from brazil are selling, producing so much oil everyone is producing oil and doing it with far fewer rigs i mean i dont know. We got a lot of oil. We have a lot of oil. China obviously is not using the energy that it had no, thats important first quart per not consuming as much coal the air is cleaner than some time itsa console your point about there not being the incremental buyer for companies that are not doing well on their esg scores and fossil fuels regardless of the efforts theyre making bp put out its 50year plan the plan was a good one. Doesnt matter in terms of at least getting through investor psychology and or appealing to the growing number of assets we discuss all the time that are moving in to strategies that at least incorporate some sort of screening for the environmental social and governance social aspects of companies these Money Managers in youth they dont like it they like Virgin Galactic, fuel cell and end fix its interesting, when you talk to chief executives these days its not just about their company being favored by investors who are looking at esg. Its also their employees who are pushing them yes and its their customers as well that are demanding it from them its coming at them from all sides. Their Shareholder Base or potential Shareholder Base right their employees want values they can ascribe to that they can believe in and therefore push it and customers who rfps when they get them actually say hey youve got to hit this, this, this and this in terms of packaging, in terms of all the different. When i was out with Satya Nadella hes telling his suppliers this is the way it has to be. You got to listen you want to stay on the right side of microsoft. There is without a doubt a move by kids so to speak that is driving this a lot of people are saying will you give me a break . The kids cant be doing it they are i would argue this is what is good about capitalism. If it gets debated tonight on the stage by some of the candidates my point is that things are changing since the election of 2016, the etf is down 21 for coal. The clean energy atf pbw up 139 its just money making decisions what is incredible is that germany increased coal indias increased coal chinas increased coal i know. We should be making a lot of money on coal. Coal is not working. Theyre just not making a lot of money. If we go coget natural gas more cheaply germans rejected it in order to get it from the russians. Go figure that what is that about im with the president on that, im just going to say it yeah, i dont know. As far as coronavirus goes, tonight our special 7 00 p. M. Eastern time, get a sense of where all the headlines are leading us as the story changes from day to day. Meantime the tesla rally is regaining some steam piper ups the target to 928, they were at 729 that was street high analyst Alexander Potter and winnie dong expect tesla to achieve the same success in Energy Generation and storage that it has in vehicles. Premarket it was 920, which would be a record close if it could hold look, tesla the new if you look at end phase enph which has these beautiful tiles that make your roof look better than it does, you realize that tesla has something going with solar, and if you read the report, theyre talking about the next leg being not even tied into what is socalled our coal based system. Not true, only 28 of our energy is from coal but there seems to be a move by musk to get off the grid how is he able to do all this . Im jealous of the guy no i mean, what was it like to be working with edison . Its like hey, man, that guy im an idiot you know where edison isfrom let me quiz him. You know where edison is from . New jersey . A town. Edison . Edison. Every time i think i have him he keeps getting me every time i pull him he gets back in. Were seeing a lot of capitulation recent rooftop solar considered to be a bad move, remember when . You know what . This is now Energy Generation storage teslas other segment is starting to really roll. I come back, anybody who goes in the last Conference Call, it was the work of genius and it talked about april being battery month. Battery month. He has not given us the day of battery day but that day, i am going to bring in all the batteries that are going to be taken out because of him including traditional car batteries and youll have to live with it well set them on fire i dont know, National Battery day, i mean people are starting to understand what hes talking about. Hes talking about how the battery could be the thing of the past or the new battery can take you far further people say thats not the point on twitter, and jimmy chill blocks every Single Person who starts with thats not the point. Whats your point thats the classic whats your point now well move on to recycling capacity and some of the longer term structural issues that batteries bring which has not been part of the conversation my buddy Michael Hayley is a junk guy, wont take em hell take anything. Ive seen hayley take cryptonite but he will not take these batteries. He wont too dangerous. Hmm the old batteries. Good point. No one is talking about that but you know hell solve that, too, and then youll feel bad. Lets hope he does. He will is he going to solve world peace . How has he on that i dont think hes that good on that. No remember when he used to spoke dubies and make fun of the sec . Now he has to deal with bill gates buying the competitors product. Hes become, hes an elder statesman. A little gandhi in him i didnt count. Its been a very good year. Its been an where are the sellers, carl . Where are the people who have made so much money in tesla that they want to ring the register how about all these kids who bought one stock and its tesla, and now they think theyre buffett. David, its a voting machine versus a way machine these people show up, every child who bought a share of tesla, how did you do that discounted cash flow analysis. This is the most amazing, sensational thing i have seen in my career. People just continue to make money, on a company that actually, look, you think this piper, this guy didnt go to college and get stupid what is this fellas name, Alexander Potter theres a bunch of them. Theyre geniuses theyre geniuses the guy is a genius, david mr. Potter. Yes, yes. Yes. Wonderful life. Ive been on potters field its not so hot. No. When we come back, cramers mad dash and count down to the opening bell lots of names to get to today, adobe street high target, bernstein as jim saysdoing a little guilt trip on nvidia. Squawk on the street continues in just a moment we got 12 minutes before we get started with the opening bell we like to call it hump day, of course came early this week. It did. First work day, nvidia we spent a lot of time talking about it late last weekend earnings surged. You want to talk about it again on the mad dash. Its recommended now, now what do you do if you stay negative you say obviously this was not growing more constructive on the shares was an error. So they admit it and i think thats terrific. But they just talk about data center, machine learning, artificial intelligence, the new rate trace game. Theres so many things that are going. Right here they are calling this a false peak this was built on bitcoin, and it turned out when bitcoin fizzled out, nvidia was in the wilderness, and then, an unbeli team, and this and amd, amd the bad quarte 50, went down to 47 these are levered to the data center, which is so back and remember what i told but nvidia, whats going to happen one day youre bored you create five people to talk to you about shakespeare, maybe first the histories, then the comedies and over the course of six hours, rather than watch netflix you get a gathering of holograms powered by nvidia. Thats what theyre able to do david, they think they have conversational inference going to create your own book club yes, they know. They know. Like lets just say you have no friends you can create friends pfaltstaff is an idiot. I happen to like pfaltstaff. On page 492 of the annotated row, pfaltstaff has tremendous legitimacy this is the new nvidia chips its going to happen i can show you an nvidia game and show you star wars and you cant tell which is real and which is not jenson wong is putting a calcul. When does the world end up there, when they create the terminator david, if the world ends, well go to mars, have a dynamite time and do the mad dash request mars Virgin Galactic to take us there. We have more to cover the dish numbers of course we want to get to as well, cord cutting slowed a little bit and check out our podcast, listen to the opening bell hour of squawk on the street wherever you listen to podcasts well be right back. At fidelity, online u. S. 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New york state, the state of the future. Learn more at esd. Ny. Gov. Futures look good after three days of losses of downs. Gold gets to a sixyear high, a lot to get to when the opening bell rings in over seven minutes. We see breakthrough medicines getting to patients in record time. At emerson, when issues become inspiration, creating a better world isnt just a result, its a responsibility. Emerson. Consider it solved. Theres room for more than just the business you came for. Whether thats taking in every moment. Or capturing a moment worth bringing back. Thats room for possibility. How far we can go, oh oh sales tax, real estate credits, solar incentives. And we have no way to integrate all that . No. But bdo does. announcer people who know, know bdo. The opening bell is brought to you by nuveen, a leader in income, alternatives, and responsible investing. Youre watching cnbcs squawk on the street, live from the Financial Capital of the world, the opening bell in just about three and a half minutes. Busy morning, watching the krn headlines, jim you said were in a lull here. Right why is that what dr. Fauci was saying yesterday is there is some degree of containment. There are a bunch when you point out anything that is from china, people dont believe it but the Chinese Center for Disease Control and prevention i am very conscious that yes, you can go say its a completely fraudulent you the outfit but talks about some positives about how they might come to an end to this and saying the Public Health measures they took are meaningful and the patient death is not as bad and i know people say will you give me a break it seems that things are a little better. This is the over 80 group and then 14. 8 thats who is at risk. I want to find out what is the rate in america that so many people are dying is it that cohort . There seems to be mitigating factors with the exception of a couple young doctors this report the epidemiological characteristics of an outbreak of 2019 Novel Coronavirus china 2020 under Vital Services is worth reading. I havent gotten a hold of it i rely on you to transmit. It makes me feel better, okay immediately people will tell me it is a fraud. On page six of this fraudulent document you see there is a convincing decline in all cases, confirmed, suspended, clinically diagnosed. That would be a good thing. For world health and the chinese economy where we continue to be focused, getting manufacturing capacity back to significant numbers. I wish we could show this opening up some of the provinces closed the confirmed case decline. Its coming down. Again, this is a completely fraudulent lying horrible ridiculous document from china being sarcastic i am because wuhan unrelated exposure is going down this is remarkable fauci said something when he was interviewed by sara and wilf that sh