You must be 68 because im 66 thats tom cruise talking ive been told we have to interrupt this briefly to get to walmart numbers which have just crossed. Walmart is out with Fourth Quarter and full year earnings 1. 38 adjusted versus estimate of 1. 43 141. 67 billion. Analysts expecting 142. 488 billion. The majority of stores in chile have been disrupted and some totally destroyed. Theyll be holding an investor day discussing this more in depth. Shares are down 2 in early going. In u. S. Comparable growth streak does continue 1. 9 also below analyst expectation of 2. 3 for the quarter. U. S. E commerce net sales grew 35 . Coming year expectations to grow at least 30 speaking with the cfo, quote, the quarter started off and ended strong despite softness in some categories like media and gaming on the coronavirus, they are monstering the situation and focused on the safety and wellbeing of customers and associates he says sales are still okay the fear is mixed towards food walmart is not seeing any major impact from the u. S. On the coronavirus. Also right now, the Coronavirus Impact is not factored into the full year guidance that does expect that e commerce losses would be flat to lower and global ecommerce sales would preach 50 billion ill be sitting down with ceo doug mcmillon. A lot to talk about for the year coming up. At 9 00 at 9 00 investor day starts at 8 00. A busy day. Couldnt do 8 30 . Couldnt do 3 30 p. M. It was the way it worked out. Here i am i think im even going to come back later in the show. Thank you lets talk to Charlie Oshea now. Retail analyst at moodys. Shares trading down and coming into this with. We saw costco numbers that set the tone and maybe get some revenue. Disappointing in some cat goegoe and others amazon had a nice quarter and hit the margin to price the sales. We knew we were getting highly promotional Holiday Season they were spending a ton of money on shipping and Everything Else when do we get past the worst on that . When do the margins bottom and start to improve amazon will be spending on 2020 walmart is in good shape target in great shape. Costco and others are great shape. When you build an online network, it is a second business you see that win out over time we are not there yet u. S. Comps, 2 . Was expected to be more like 2. 5 the area this is kind of a mystery to me is the toy business we saw target comment on toys being softer on holiday. That has dampened Consumer Behavior there is no place to go for just toys spreading things out no super hot toy for the holiday. Walmart is still the highest retailer in the world. Aa 2 costco is a aa 3 getting amazon into the prime one paper category target is an aa 2. They are continuing to perform really well at the expense of the guys atthe other end of th food chain watching shares of apple for a couple of days already the Company Announcing it would not meet forecast because of lower chinese resulting from the covid19 outbreak. Apple says it still expects supply shortages it is not like they had a good idea of what the revenue was going to be. You could drive a truck through 4 billion i think that included the conservative forecast. 63 now they are not going to hit the low end. The frightening thing is the uncertainty. They cant even give guidance on where that revenue is going to be until we get until april. I think thats a concern it is a concern for walmart and retailers for all of these manufacturers. We just dont know where thats going to land. I think market watchers immediately started crunching through every other company that could possibly have similar problems there is a lot of them it would be nice to knownow. Given that their suppliers manufacturing plants were surpliers as well. You could have had the secondary as well. That are down 2 to 4 compared to a few months ago. The share price action is muted particularly given the fact that it is up about 120 since then the only point i would factor in, shares were up prior 30 days we are giving up another few days the broader nasdaq had been stronger i think you could have seen a stronger share price reaction. There would be a selloff that was fundamentally based. Share price down about 0. 6 off the gdp to the low fives japanese gdp was terrible and others that came in with a forecast huge drop because of coronavirus fears. That said, shanghai was slightly higher, up five basis points europe is down a little bit. All being offset because of the concern that the stimulus will outweigh this. Given the threeday weekend and new numbers on the coronavirus. Lets get over to eunice now i dont know what to think eunice the number of confirmed cases now has risen to more than 73 y 000. Death toll higher by 98. I feel like there is a degree of positive news that it wasnt worse over the weekend is there a reason to believe it is slowing and efforts are baring fruit you are not the only one that i noticed looked at the numbers and thought that way new infections are dropping. Today, it was under 2,000 for one day. The numbers with he got for yesterday. That hasnt happened since january 30 there is some reason to think that the authorities clamp down is working you would hope it would work because effectively, 760 Million People in china are under quarantine or lockdown the other measure they took is to quarantine cash they are now disinfecting and destroying it. The impact on business has been disruptive there was a survey that came out that said three quarters of the members didnt have enough staff to run a full production line. They cited a lack of workers over the challenges the next two to four weeks. They are not the only ones one of the big events theyve postponed has been the auto show the National Peoples congress here is also going to be delayed. I thought of you lawmakers are going to be discussing whether or not to delay that event next monday or whether or not to end the practice of eating exotic animals for good and ending the wildlife trade that could be a longer term decisioni decision that could snuf out the issue of having animals and people mixed up together and viruss that could come from that eunice, this is joanne the question about the people kept at home once the quarantine is over, how long will it take to get these factories back up and running again . It is difficult to know there is no official estimate. When i speak to suppliers, most of them are planning for the disrupt at least to the end of march or april that is where they are targeting. Weve been hearing about how Truck Drivers are sleeping on the highway because they dont want to get stuck in quarantine in either city or sometimes cities dont want them in their city a lot of suppliers cant find workers how are you do you ever wake up i wake up scared over here i do not just about coronavirus but about a lot of things. How is it for you now . It must be terrifying, isnt it . Um, well it comes in waves. Sometimes you do get nervous the other day, i saw one of our security guards wearing a hazmat suit that through me off. I got a little jarred because they have disinfection stations i asked what they were using they are using bleach. We dont know if thats really healthy for you. I do get nervous i hope it is going to be okay. Keep reporting the news. You hear stuff we probably dont hear coming from the affected areas in hubei and others you see people in horrific conditions that is really difficult thank you mean it, thank you very much coming up, the race for the white house is heating up. Democratic candidates prepare for the debate in las vegas. For the first time, Michael Bloomberg has qualified and someone tweeted, you should be the next bond. You no you. Theyd have to retrofit all the sets i dont think you are going to do that. You are not scottish, are you . They are not all scottish the actors but bond was. You knew that well dig through the numbers. I cant wait for that movie i agree with dom chu next, i predicted it. Every day, i predicted it. Polls are one thing. When people put their money down. Do you have money on him . I did not i did have xavier and North Carolina if you have questions for Warren Buffett, now is the time to ask tweet us with the hashtag askwarren well be right back. Announcer todays big number, 533 million thats the current value of rkirs new position in super market giant kroger, announced on friday. I am totally blind. And non24 can throw my days and nights out of sync, keeping me from the things i love to do. Talk to your doctor, and call 8442142424. Every year, our analysts visit thousands of companies, in a multitude of countries, where we get to know the people that drive a companys growth and gain new perspectives. Thats why we go beyond the numbers. T. Rowe price. Invest with confidence. Thats why we go beyond the numbers. [ fastpaced drumming ] this just happened former new york mayor Michael Bloomberg has qualified for tomorrows debate in las vegas joining us now, founder and ceo of predict it. Registered users can buy and sell shares in Political Races you have other stuff on there but lets focus on political stuff for now. I can show you a poll that they are different by 20 points at a time if i did tell the truth, i dont know if i would show up. When people put money down, it does make a difference if you put a little bit of money on a proposition, it clears your head it is funny you say that something that actually matters have you found in the actual results that you track and are more accurate . Where do you stand markets are really efficient at disstilling risk and value into odds and price. Much more than polling what you want to have happen what you yourself have happen. In reaction to the poll and timeliness. How accurate do you find that it is it varies. If it is a year before the election, it is one thing. A month before, is another i watched Elizabeth Warren fall to 40 cents. I watched biden before it was clear there was issues, he was down in single digits. When does real money start changing hands just in the democratic nomination market, we had 100 million shares change hands. It is still changing what is fun about it you dont have to stay in the contract until it ends to make money. You can love Bernie Sanders at 35 cents and love him. You buy him. Wait for something to happen he will go up and you can sell those if you think it is too high there have been weird things. I saw bloomberg move up to two but hes still not really registering for eventually becoming president in the president ial nomination. I think sanders is still well above him but below trump. Does 55 cents for trump, is that still a 50 50 proposition. How do you read it i cant dispute the thinking of the traders a week is a life of politics especially today a lot can change between now and then reelection of trump is trading at 55 cents. 53. Okay. Bernie is 28. Bloomberg is 15. Down since he got into the debate hes got to up his game a little a lot of traders will be watching him when you consider the fixed odds spending, how do you track the spending i know you guys only start in 2014, what is the overall weight of dollars waged on your marketplace versus the fixed odds spending market fixed odds is the largest spending of this type in the United States. You have to get your money over to the uk. Somewhere figure out how youll get paid back. If you are on u. S. Soil, open a predicted account. You can start making projections. Clearly Sports Betting is increasing you get around any of those issues it has been more than that. Issuing a no action letter you to operate in the United States. Given that size, do you have concern of stakes leading into this it is shares, not dollars you can have shares change hands at a penny, 5 cents, 10 cents. We wouldnt have done this if it was clearly permissible. Instead of going off shore there are limits for instance, to the 100 million question there is a maximum of 850 you can put into any of these. Because bloomberg why couldnt he, why couldnt he buy a corner of the market and put himself at 100 . Off shore, he could do that but in the United States, he cant do that. There is identification veribility there is a cap it is implaqractical to come in. 100 million shares, what is it dollars. I have no idea. The volume presumably in betting markets massively goes off of trading hands. I dont know about that i think the volume are probably not too dissimilar the uk is the number one betting site. This is structured like a stock market bernie at 48 cents. Biden, Elizabeth Warren is half of hillary at 3 cents. Thats unbelievable. Bernie looks like hes supposed to be the nominee right now. Hes just under 50 where did this support come from it likely came from other candidates who are failing that would also have to do with the demographics of those making bets, i assume. The accuracy is pointed at that and a number of things. Overall since 2014, the market has accurately predicted these things we didnt even talk senate and house. Well look at those now. Thank you. Still to come, a round up of todays billionaire stories and what jeff bezos will plan to do with 10 billion and why elon musk said what he said about bill gates i got that vibe, got that vibe got that vibe, yeah, i aint petty, looking fly, looking fly, looking fly, yeah, they aint ready. I can shine, i can shine, i can shine. Imma do what im made to do. Imma do what im made to do. Built for excellence. You start from the foundation up. The excellence is reaching dreams and chasing them at the same time. Doprevagen is the number oneild mempharmacistrecommendeding . Chasing them at the same time. Memory support brand. You can find it in the vitamin aisle in stores everywhere. Prevagen. Healthier brain. Better life. I appreciate what makes each person unique. Thats why i like liberty mutual. They get that no two people are alike and customize your Car Insurance so you only pay for what you need. Almost done. What do you think . I dont see it. Only pay for what you need. Liberty. Liberty. Liberty. Liberty. Wewithout the planet cooler getting warmer. At emerson, when issues become inspiration, creating a better world isnt just a result, its a responsibility. Emerson. Consider it solved. Amazon Ceo Jeff Bezos has announced hes committing 10 billion in the fight of Climate Change in the new fund on the matter yesterday. He says the money will help back scientists, activists and oranges and efforts to help protect our planet hell start issuing grants this summer i hope we can stop this bad weather. It is really getting out of hand we have to get rid of all these storms a tiff between musk and bill gates. I might use it on clean water. It is a new fund. He can direct it to clean water. That would be good. He bought an all electric Porsche Taycan he said his porsche is a premium priced car and is very, very cool he saved up for that on twitter elon musk responded to a user who wondered why gates chose a taycan over a tesla. He said, my conversations with bill gates have been underwhelming. It is hard. Elon is an absolute genius. It is hard for him to criticize bill gates he also has no filter i empathize andrew told me, the taycan, you dont go as far but you can accelerate more. Does andrew have one with of these . Hes looking at a minivan all these Car Companies were massively behind well have flying autonomous electric cars in like ay and a half printed by 3d printers. Coming up, the biggest movers including apple and walmart. Well dive into those when we return through the at t network, edgetoedge intelligence gives you the power to see every corner of your growing business. From managing inventory. To detecting and preventing threats. To scaling up your production. Giving you a nice big edge over your competition. Thats the power of edgetoedge intelligence. Theres one thing you can be sure of. Theyre changing by the nanosecond. Thats why cognizant created a unique engineering approach to design and build new digital products. Learn how cognizant softvision designs experiences and engineers outcomes. Cool. good morning welcome back to squawk box. Apple says it wont meet its quarterly revenue. Lower iphone supply globally and demand as a result of the covid19 outbreak. It is down but given the recent runup, it doesnt seem that awful for apple share holders. Walmart cfo did tell cnbc the Quarter Ended strongly and that the new year has begun the same way. The stock is paired its losses down u. S. Equity futures will see the nasdaq down 70 the dow jones indicated down over 150, the s p indicated down 13 and change. Still to come, the fallout from the coronavirus and talking about the outbreak this morning caller the coronavirus is different it is big. It is going to par lialyze chin. I think we should pay more attention to this. We should try to resist our inclination to buy the dip hell join us at 7 00 a. M catch us live, on the go on the kap. Well be right back. We have like 40 years of data thats incredibly valuable . I. I dont know. When did we introduce siracha . Not soon enough. These are our sales. By product, by region. Set against evolving demographics. You can actually see taste trends. Since when can we do that . Since we started working with bdends. announcer people who know, know bdo. We were paying an arm and a leg for postage. I remember setting up shipstation. One or two clicks and everything was up and running. I was printing out labels and saving money. 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