minutes. also we have two huge earnings reports that could dictate the tone for tomorrow. we have netflix and ebay due out in be aab an hour from now. instant reaction from the market coming up on the closing bell. also what is the single biggest mistakes investors make? one of the most successful money managers in a generation tells cnbc exclusively what that mistake is. and forget i-robot. instead, think i unemployed. let s not think that. we will have a special report on the ro gres in robotics that has come so far in the past generation. what was the statistic we were reading? in the next what decade was it? robots so replace 70% of the businesses that exist in this world right now. that s incredible. it is, but it s hard to actually think about that being the case. it s an interesting thought, but at the same time you can think about the way robots are augmenting and maybe opening up whole new fields of employment even. exactly. but what does that do to the hum
china s. the roadmap begins with netflix shares up 17% premarket and applesed to poised to open at new highs and subgrowth jumped. and mcdonald s beating expectations but revenue in december same store sales missing in what the company calls a challenging year. and ebay completing an earnings trifecta beating by a penny as carl icahn announces a stake in the company calls for a paypal spinoff. first up, netflix is poised to open at all-time highs. the company adding more than 2.3 million new u.s. subscribers to its streaming service in the fourth quarter. netflix says it s projecting an additional 2.2 million domestic streaming subs. and handily beating estimates, 79 cents a share. talked about new pricing tests that they re doing when they did the google hang-out of a call, you said look for 33 million, jim. they gave it to us. this is a remarkable conference call. a confluence of things occurring, first things can understand how can a stock go up that much. there we
not facebook. this ceo coming on exclusively, or even amazon. but sac capital, the embattled hedge fund founded by billionaire steven cohen facing no criminal charges of systematic insider trading. allegedly generating hundreds of millions of dollars of illegal profit and to avoid losses and this allegedly over more than a decade. widespread, systematic. you name it, they say they did it. we just got word from sac that it plans to operate as it works through these matters. they re still in business. they say that it never encouraged promoted or tolerated insider-trading. what we re going to do is take a look at what might happen, why this matters to an individual investor is not have money with them as well as the billions of dollars in assets, with a might now flow. the impact on the entire hedge fund industry and the trading industry because they own huge positions in a lot of stocks. are very un charlie gasparino has been breaking news on this story well in advance of ever
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