A. M. At google headquarters in california 11 00 a. M. On wall street and squawk alley is live good tugs morniesday morninm Carl Quintanilla very busy morning in the markets today. We try to get back to 3440 or so q3 earnings a part of the big news stimulus watch, well learn more in the coming hour or two. But were going to begin in washington justice files this landmark antitrust suit against google and we have more on that im still working many i way through this 64page lawsuit that the Justice Department has filed against google in which the department allege thats googlesant w anticompev behave wror is going on for years and still going on and it may be getting worse in the complaint, the Justice Department writes that google entered into exclusionariy agreements including tying arrangements and engaged in anticompetitive lockup and block rivals the Department Says google has taken a page from microsofts playbook to sustain the monopolies and even instructed blows not to use words
1000 miles apart. Donald trump and joe biden fight for air in competing town halls. Americans had to the polls and 18 days. Boris johnson said to decide whether to ditch brexit trade talks. And daimler gets in gear. The carmaker reports a 3 billion 3 billion euro profit as cost cuts filter through. Just under an hour away from the start of cash trading. Car sales european out. They gained 1. 1 for the first nine months. Sales, upropean car for the first three quarters of the year. 1. 1 . Lets take a look at what is going on. European car registration, clearly 20 20 has been a tough year. One a look at what is going we have ftseutures filler cheers futures up 0. 8 . Tax futures gaining about 0. 5 . Futures the picture is more mixed. Showing a lot less sized. Futures are. Ractionally down futures flat. We have been more negative. Asian equity markets look seen looking mixed. Are we in a consolidation phase for setting ourselves up for some selling . You have the election coming. That is
Is live. Pump up the jam good friday morning welcome to squawk alley. Markets still in the green pinning hopes to stimulus talks. Were watching headlines best week so far this morning, jon, in two months for the dow yeah. And in tech this morning, carl, hey, weve called it out here on squawk alley before. Today amd eyeing xilynks amd is a 100 million market cap down 3 on a 30 billion deal. Investors are giving this blessing a few different trends here. A hot of Tech Companies have richly valued stock to play with there is pressure to answer and three u. S. Restrictions are hurt something chip makers like xilinks and theres no end to that in site good morning, guys pat, are you surprised not a the hoff overlap here. So in that sense, maybe this deal isnt at risk but, hey, not a lot of overlap here. So maybe this is risky the. Yeah. The so as you said before, amd needs to grow. When i look at valuation, im sure stacy will will weigh in on this, it had to do something organic growth isnt
And clean energy investment. Then almost simultaneously, President Trump is about to sign an executive order to promote hispanic prosperity. We are monitoring both events. We will take you to the rose garden for President Trumps event and we will see whether he addresses todays Dramatic Supreme Court ruling that could allow state district attorneys to access his tax records. That ruling does have a distinct connection to Business News and stocks. Take a look at the dow intraday. It tumbled to session lows just after 10 00 a. M. Eastern, immediately after the Supreme Court justices rejected the president s claim of immunity in a new york state criminal investigation. Congress cannot look at the tax filings, but it does appear that there can be now subpoenas on state efforts. The dow, though, now is down 285 points. The s p lower by 10. The nasdaq, any gain today, folks, means a second straight close. We are well above any gain. We are up 67 points. Now, paired with firsttime jobless cla
Hold a Shareholder Meeting later this week. The British Government considering a contribute the hardest hit part of the economy. This as Boris Johnson prepares to unveil the next phase of easing it may include the social distancing rule. Good morning and welcome to the program. This is the latest as we have shares plunging. They were down more into the start of the session 1. 9 billion euros missing from its accounts may not have existed in the first place the company says that there is a likelihood that the cash that amounts to around a quarter of the Group Balance sheet was never there after the hunt for the missing amount hit a dead end in the philippines over the weekend. It is the preliminary year 2019 and First Quarter 2020 results and forecasts due to the schedule the german finance minister said the supervising institutions have been hard on the card he stepped down on friday. Reaching the philippines and the central bank there says that effectively they are denying that there