Computing Company News Today

Good monday morning welcome to squawk squawk im jon fortt with Carl Quintanilla and julia. Were in the final stretch of 2020 were focused on two big ipos, airbnb and doordash. Airbnb is bouncing back strong doordash saw demands surge both of those companies seeing encouraging demand for shares and to define the future of the gig and sharing economies. Leslie picker has the latest on the ipo process. Its important to underscore the rarety of this level of issuance in a single week. Excluding spac...

Because we lost control of covid19 today went higher. The the s p gaining and nasdaq gaining 1. 02 . Hospitality and leisure. Has the market lost its mind no we are dealing with cross currents any time stocks get hammered, it seems to trigger visceral vaccine reaction good news bails out. On the one hand we know the cavalry is not coming. It is going to be in the form of at least one, pfizer vaccine, wont reach us until spring. In the meantime the virus is out of control we had 162,000 cases yes...

Bloomberg technology. Lets take a look at the markets on the day. It was a risk on session, of course avenue do with the news out of madera that they have a vaccine that is 94. 5 effective on the volunteers. 500hat news, the s p finishing higher. Some nice gains out of the nasdaq. Moderna itself sharply higher. After the market, we did have news coming from brookshire and s. Her hathawaye berkshire added to their portfolio in terms of health care. Typically, health care a defensive space. With t...

Its 11 00 a. M. On wall street and squawk alley is live good Tuesday Morning welcome to squawk ally im Carl Quintanilla markets are seeing a fair bit of chop today as we keep pace with powells comments a few moments ago. Any progress on stimulus and, of course, the president s recovery as he returns to the white house. For that were going to turn once again to eamon javers hi again yeah, hi. What were learning this morning is that a military aide who works closely with the president has now also...

They missed estimates by a wide margin the expectation was for over 800,000. And tech stocks are broadly underperforming to day, unwinding yesterdays gains. Amazon, apple, facebook, and microsoft all heading lower. 59 minutes after the session and were down 2 for those names. Power play. Pete . 5 for the s p 500 lets get to the president s diagnosis and impact it could have on a broad range of issues. Were looking at the potential impact on stimulus talks meg has the details on testing at the wh...

Services, bundling, tv, gaming options, along with a new Fitness Service which will work in tandem with the watch. For tiktokcles bid undergoes a National Security review. Oracle does not offer compensation to the u. S. Government as president from amended but does promise to create 20,000 new jobs. Tech was up on the day but also or volatile. Why was that . Sarah the Third Straight day of gains for the s and p. The nasdaq, the second straight day of gains of more than 1 . A strong day for tech....

Aigail, it felt like broadbased selloff within the s p 500 all the way down to tech stocks. Abigail it was a broad selloff. A far more concentrated as you were just mentioning with the mega cap tech stocks. There was weakness for tech. The dow had been higher. That tells you the degree, the dow closing sharply as well. The closing pressure came for tech stocks. The worst day since march. The faang index down. Tesla down 9 . The stocks and chips also down 5. 7 . And you were mentioning that this ...

Economic impact of the flooding. So some changes in japan where the governing party has now elected its new leader to succeed. Is a longtime ally of the outgoing Prime Minister this leadership vote within the liberal Democratic Party paves the way for sugar to replace him in a parliamentary vote this week. Hands longest serving Prime Minister he resigned last month for health reasons. As we face the nationwide crisis of the corona Virus Outbreak we cannot have a political gap we need to overcome...

There and that continues, at least. No rally 37 bucks. So many different stories to choose from. Lets start with oracle. Those shares are jumping ahead of the bell. Apparently beat out microsoft and walmart in a deal for tiktok and jim and i will go over this and find out what represents a deal nvidia arm holdings. Jensen huang will join us later this and verizon ceo, yeah, why not. Talk to us about that deal, as well verizon buying track phone maybe as much as 7 billion with certain targets met...

From pfizer and after the aresa zenica coming up, the ceo of caesars will join us exclusively to discuss that partnership and the path forward for vegas plus, shares of Advertising Software Company Trade desk are up more than 50 on the year up more than 200 from the march lows were going to talk to that companys ceo, find out what that move is all about how they managed to outperform and whether the underlying business is looking as strong as the stock. First up though, lets focus on the big sto...