Market moving insight and analysis join Jim Kramer, David Faber, and me, Carl Kintania, on the opening bell hour of CNBC Squawk on the Street.

Good Thursday morning. Welcome to Squawk on the Street. I'm Carl Kaintena with Jim Kramer and David Faber, the New York Stock Exchange.

Futures are weak. Dow looks to go flat for the year once again as the number of coronavirus cases leaps by 1,000 overnight. We've got earnings from Coke, Verizon, Tesla, Facebook. We'll get to all of it. Europe's down about a percent, 10-year 157 now as Q4 GDP prints 2-1 and the weakest annual growth since 2016. Our roadmap begins with the virus fears hitting the street,

border closings, flight cancellations, business closings as the number of cases now surpasses

the total number of SARS cases in the 03 epidemic. We'll talk to the new head of the White

House Coronavirus Task Force, HHS Secretary Alex Azar this hour.

Plus, we are capping off the busiest two days of earnings season.

We've gotten up B reports from Tesla and Microsoft.

Both stocks will be up.

But 47 of the S&P 500 companies were reporting today, we'll try to get to them all.

And Facebook's one of them, of course, from last night, tumbling ahead of the open.

Stock's under pressure on concerns about margins and a sharp rise in expenses. In fact, let's start there, slumping in the pre-market despite that quarterly beat. Investors focus on a 51% rise

in expenses and narrowing operating margin. On the call, Mark Zuckerberg did talk about his

goal for the next decade.

One critique of our approach for much of the last decade was that because we wanted to be liked,

we didn't always communicate our views as clearly because we were worried about offending people.

So this led to some positive but shallow sentiment towards us and towards the company.

And my goal for this next decade isn't to be liked but to be understood.

Because in order to be trusted, people need to know what you stand for.

Jim, kind of an evolution of what they've been telling us for several quarters.

Yeah, that was the pull quote from the entire, it actually is a metaphor for what they're saying,

which is, look, we got to spend money, we got to do what's right.

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