Im becky quick along with yoe kernen and Andrew Ross Sorkin. As joe mentioned, we are seeing green arrows today reversing a lot of the losses that we saw yesterday. Yesterday the dow was down by 317, this morning it picked up 272 points in the futures so far. Also the s p up by about 32 after it was country down by 1 yesterday. And nasdaq up by 95 this morning after it was down about 76 points yesterday yesterday was the worst day of the month, but there are crazy good numbers dow up by 10 for the honesty to da month to date and nasdaq is up 7 for the month of november so far too. Also lets take a look at the treasury market. The ten year note is sitting right at 0. 896 . So back below 0. 9 , we had flirted with the idea of seeing it finally hit 1 , but it is not there yet. Andrew thanks, becky as joe mentioned, president elect joe biden has nowofficially won the state of arizona, nbc making that call late last night. He is the first democrat to win in arizona since president clinton back in 1996 that brings the Electoral College total now to 290 for buy and 217 for President Trump. Georgia and North Carolina are the only states that havent yet been called. China became one of the last major countries to congratulate joe biden saying they respect the choice of the American People so an update there as the president continues to makes a versions about fraud and other things elsewhere but increasingly looks given some of conversationsa versions about fraud and other things elsewhere but increasingly looks given some of conversations and statements out of the government yesterday that potentially parts of the Republican Party may not be supporting some of those comments i know a couple places that are relieved about arizona i mean, can you imagine calling it on Election Night at like 9 00 p. M. . Oh, fox news, yes and a. P. Too. They are like quarter, were sure, were sure well stand by our pick. And it is like getting narrower and narrower other states still not called. Whatever anyway, the United States whats that . I was just just wondering on the list of other countries that have congratulated biden at this point, i know china was one of the holdouts has russia offered their congratulations yet . I believe that russia has not yet. I believe they are the holdout without comments. Ill move on before i make any jokes or anything about putin. Putin and trump, i mean think of the last four years, good lord anyway, the United States set another grim record for Coronavirus Infections hideous. 159,000 in one day ninth day in a row with at least 100,000 cases. About 1 in every 360 americans tested positive for covid in the last week. According to data from the covid tracking project california became the second state to top a million covid cases. And Kentucky Supreme Court has upheld the governors statewide mask mandate and capacity limits on restaurants the republican state attorney general had accused the democratic governor of exceeding his authority. And the ivy league has called off Winter Sports for the year, including basketball and hockey. A h lot of problems in the worl, but you have to feel for the athletes who spend so much time trying to hone their skills. Just very tough. Think about the olympians around the world that are hoping that their games are back on too. Kids in grade school and high school that look forward to that after School Every Day well, a lot of places there is no school any way. In the meantime elon musk making news with a tweet overnight. He said something extremely bogus is going on. Was tested for covid four times today, two tests came back neglect ti negative, two came back positive same test, same machine, same nurse. Musk later tweeted that he had sump tomorrows of a typical cold and he was getting pcr tests from sflat leparate labs with r in about 24 hours. But this is the complaint with the rapid antigen test that it is not spot on and i think it is particularly difficult if you are early on in an infection with this. What i was hearing from a nurse last week is that up got to get that longer pcr test if you are either asymptomatic or very early on in some of these things how does this one work, this is not they dont have to take it from your frontal lobe, this is easier than that i dont know, but this is that rapid one that comes back in like 15 minutes i think that it is up the nose but not up to the brain up the nose do the circle lower in the nose is what i think. But ill do a little homework on that one two and two he said musk, two positive, two negative i dont know how to read that. What is more likely, if you get a positive, it seems like that is indicating something. But the negatives would seem like they would be false negatives. Id be more worried about the positives. Because if it tests at all positive for the antigen, you would think maybe it is seeing something and the other ones missed it. I dont know i dont know what is more likely for what its worth, we had a friend who went through this exact experience they tested positive, then negative, then positive, then negative and then two other negative times and was cleared that there had been a mess with the way the tests had been done. But what it does, and this is the real great complication from an economic standpoint, she ended up having to call about a Million People who were in her circle if you will to tell them, they all then were quarantining waiting, and it went on for days and days she had a Million People in her circle, thats a problem you know what i mean. She ended up not having it at all. But no symptoms, no nothing. Anyway, longer story but meantime, a wall street journal report this morning saying that chinese president xi jinping personally made the decision to halt the initial Public Offering of ant group, the report saying that the Controlling Shareholder jack ma infuriated government wleersd a speech given just days before the ipo that criticized chinas tight Financial Regulation president xi read reports about the speech and then ordered regular rators to investigate te ipo which resulted in shutting it down. Eunice yoon reporting that the journal story is not being widely discussed in chinese social media because comments about president xi are censored. But it gives a little color to what has been a lot of questions around what happened to that ant financial ichltspment on, that c did seem related to it because it was just right prior to it and it was critical, but i think that there will be more questions not just about ant financial, but as you know this week, weve been reporting about what has gone on with the Chinese Government and some of their other Big Tech Companies and whether any of this is all related because there have been other comments that have been made by other leaders of those companies that have not always been lets say positive about the government andrew, it is funny, i was listening earlier this morning as somebody was saying this is just proof you dont mess with regulators and we talked about elon musk in a different context, but i was thinking what would it be like to have elon musk dealing with chinese regulators the way he taunts the s. E. C the things he has said versus what jack ma said. This is not just regulators issue. This is fwetweaking chinese comt regulators hed be getting some of the much needed camp as chinese get. Dont you think . That is one thing we have to appreciate talk about pushing the envelope. What did he call the s. E. C. I forget one of the words stood for like a word you cant use on cable. I dont know hes classic though. Might have been the s word anyway, coming up, disney shares are on the rise. Well talk about the struggling theme park business and the booming streaming service next later, well talk with dr. Gounder, a member of president elect bidens Covid Task Force did you know how many friday the 13ths there could be in a year one, two or three. And i know there were two because the last one was my anniversary. And it was march 13th. Remember where we were we were like clueless. Still going to restaurants that was like our last day there. At calvert, we know responsible investing is hard. 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Visit your local xfinity store today to ask, shop, discover the latest on xfinity mobile. Disney reporting a quarterly loss that wasnt as bad as feared, but would have been unthinkable in recent years. I dont think the company has had a loss since 2001. But streaming growth was a bright spot. On the earnings call, bob chapak slammed californias governor for effectively blocking d disneylands reopening were encouraged by the positive news earlier this week on the progress of potential vaccine. Unfortunately, were extremely disappointed that the state of california continues to keep disneyland closed despite our proven traffic record, our health and safety protocols are science based and have the support of labor unions representing 99 of our hourly ka cast members joining us now, tom rogers, the first president of nbc cable, one of the founders of cnbc and he is proud of that and former ceo of tivo and also now a cnbc contributor tom, good to see you i like one of the things that you point out and that was okay, the quarter is better than expected in terms of streaming and additions, but does it really matter. My question to you is, do you mean it doesnt matter because the theme parks are closed, the movie studios are below where they are, so that is on the bad side, but also can we assume that these streaming gains are permanent too . I mean i dont know if you can really assume that if people drop off i mean, the issue is churn for both cords and streaming, isnt it yeah, i mean you got to give them credit for beating expectations, but given the hit that the business is taking because of covid, i dont get too wrapped up in the quarter. You got to keep your eye on the long term process spepgspects oy and they are good at getting people to focus on the shiny thing which is the streaming numbers for subscribers for disney plus that they put up but i think the bull case gets little ahead of itself when it doesnt look under the hood a bit about those streaming numbers. An awful lot of them are coming from india where they are either giving away disney plus for free or way under a dollar. And about 25 of disney plus subs now are coming in on that basis. Then you got to worry to your point that they gave away an awful lot for free when they launched a year ago. How many of those will roll off that well see in the next quarter. And everybody is focused on disney plus numbers, but disney plus if you are over the age of 12 is really not the offering that you are focused on, it is hulu and while people got a little disappointed in netflix numbers last quarter, netflix added 13 million subs for the year in the u. S. And hulu added about 7 and hulu only has about half the number of subs. So it has a lot bigger runway to grow and that growth was not all that impressive so, yes, disney deserves lof credit for the lunch, baunch, bt to run with. And so if people stay, it is about great content which is stuff to do and it will also get more expensive, so you have to factor that into the bottom line i think that was the most significant thing on this earnings call, suspension of the dividend for january saying that they were going to heed the advice of dan loeb and pour hormone into streaming content and while they certainly have beat the hell out of expectations that they originally set for subscribers for their streaming business, they will have to reset in terms of what they laid out initially in terms of programming expenditures and it will be much, much more expensive than anything they originally indicated not only because netflix is out there going toward a 20 billion programming budget the next few years which will allow it probably to introduce a new movie or series every day, so the Competitive Pressures will be huge, but disney you nsney hr about engagement, how many people are watching and how many time are they spending people overwhelmingly are spending time when it comes to streaming with netflix and youtube and disney hasnt yet got the kind of engagement that gives you Pricing Power and that price value perception which really makes for Profitable Service over time. And that is all about having to spend more money on programming. And they have a lot of competition for their programming dollar within the company because sports rights are coming up for renewal and sports rights will go un50, 60, 70 percent or more and they have dwindling audience to spread that cost around and that is real competition internally for where they spend their programming dollar vaccine is just i dont know if there is another company that would be able to benefit so much it was strange seeing the ceo getting mad at the california governor about disneyland with the backdrop the new cases in california and around the country. It sounds weird that it is like really, now you want to chastise the governor i dont know sounded weird. But that is dependent on the vaccine, disneyland. Film production, espn and College Sports and all that stuff. Right . It is all depend end r ents ent reopening. It is and that is why you have to look past the Current Quarter the parks will come back, kruds will co cruises will come back there isnt any doubt that disney today is not disney a year from now hopefully with the vaccine and all. But the thing that got questioned on a lot was okay, where are your management incentives for the future of this company and they had a reorganization where they took the Creative Control of what programming go where away from the people who have the p and l responsibility for the streaming service. And that clearly was not understood very well in terms of okay, but what are the incentives of the creative people to really build the streaming business Going Forward. So that is an open question about the future that i think they will have to give some further input on for people to really understand why they are focused on the streaming service as they want people to believe thanks, tom thank you for founding cnbc. You didnt found squawk box. Were you around in 95 you almost did very much so. You founded that too. You founded everything i cant take credit for giving birth to you, though, joe. That was a test tube, that was a lab. No, thank you, thank you for coming on. Thanks for having me. Well see you again soon. Maybe well talk about comcast next time. I look forward to it. Way too much talk about disney all right. See ya andrew always fun to see tom. Coming up, well well discuss plans to roll out a Covid Vaccine to the people most at risk first, butwill the rich b able to pay to jump the line you know weve got that story. Robert frank will be with us after the break. And check out volatility in shares of palantir, year over year sales grew 52 and also hyped full year guidance it has bounced back. The stock opened at 10 back on september 30th well be right back. Shall i put her in snow mode . Nope what about offroad mode . Nah. Sport mode it is. Lets see what this baby can do. Or. We could check out that Farmers Market . No you know what . Ill be in chill mode. button click if anyone needs me. Propilot assist with navilink. Available on the allnew nissan rogue. And sweetie can coloryou just be. Gentle with the pens. Okey. Okey. I know. Gentle. Gentle new projects means new project managers. You need to hire. I need indeed. Indeed you do. The moment you sponsor a job on indeed you get a short list of quality candidates from our resume database so you can start hiring right away. Claim your seventy five dollar credit, when you post your first job at indeed. Com home. Welcome back concierge medicine is a very big business and it has gotten even bigger during the pandemic now customers have a new request for their doctors. Robert frank is joining us with more on that good morning. Concierge doctors were among the first to get Rapid Testing this summer and now they hope to get among the first to get yes, the vaccine. Con he s c you pay anywhere from 3,000 to 20,000 for a private medical team and their business has doubled as the wealthy seek that at home care and they were among the first to get testing kits this spring and the first to get rapid tests this summer among controversy. And now they are getting flooded with calls asking for early access to this vaccine the Companies Say that they will follow all the rules of the cdc and the government, but they are working their connections with phrma companies, Government Agencies and advisers, distributors and a lot of si scientists that serve on their board to see just how quickly they can get dose