Includes universal vote by mail, more Polling Places and protections against Election Meddling among many other things. And in a rare move, Vice President harris presided over the senate vote. Just goes to show that it is important to democrats. The bill was cosponsored by every democratic senator except joe manchin who did vote yes to at least start debate on the bill. That gave the democrats a united front but little to show for their efforts on a key priority. This vote im ashamed to say is further evidence that Voter Suppression has become part of the official platform of the republican party. The republican leader uses the language and the logic of the southern senators in the 60s who defended states rights and it is an endefensible position for any senator. So what now . Cnn has learned that democrats have georgia on their minds, pushing new legislation and spotlighting gop efforts at the state level to make it harder to vote after the growth of mailin voting this 2020. Mean team
Good wednesday morning welcome to squawk alley. Im Caro Quintanilla with jon fortt. Deirdre is with us for the hour. Nasdaq is trying to come back after a couple of days of losses as we turn our attention once again to covid levels in the United States. Were going to start the hour, though, with alibaba, a big drop for the stock despite these new sales records on this singles day. Hi, eunice hey, carl live streamers in china are wrapping up whats been a very long day pitching to Chinese Consumers and it seems as though the efforts have paid off. For alibaba, the value of the orders that crossed the site have just come in at just shy of a 500 billion, about 75 billion u. S. Dollars these numbers cap an extended 11day campaign thats a little different this time around not the usual 24hour singles day shopping extravaganza. There were some interesting trends that we saw that were generally pandemic related, where consumers were looking to buy goods that they probably would be buying if th
Ask yourselves now that nearly all the big tech outfits reported and a day the market rebounded from its lows. S p jumping 1. 19 and the nasdaq surging 1. 69 . All right. It didnt make back everything it lost, but like i said, nobody ever made any money panicking. If you panicked yesterday, always a better time there is a whole network of smart, rigorous Money Managers who believe apple, amazon have become ridiculously expectative. Downright danger to zone they dont welcome the possibility that these could be worth trillions of dollars im not kidding, every day same goes for their compadres netflix and microsoft. There are tons of stocks in this market way too expensive by any traditional valuation metrics. However, that does not include facebook, apple, amazon, maybe alphabet say nothing of microsoft only netflix is one that i think is a bit of an outlier this is 2020, not 2000 that being the dotcom boom with the exception of amazon and netflix, all of these big tech stocks are valued
Would have been too much water with just a little bit more water wed have had deeper oceans maybe tens of thousands of meters deeper and wed have had no land just one big ocean when it was no surface no interaction no possibility of environments favorable to life. We can wonder if the fact that earth had just the right amount of water to have 70 percent oceans continents and then interactions was what made life possible. The ponds of hydrothermal springs provide an ideal environment in which the chemistry of life can get started water heat and chemical elements rising from under the surface to air not creamy to primitive earth was definitely chemistry and a dirty Chemistry Lab where you have a ball with lots of components all mixed up with a lot of changing of parameters and condition its a mental book will take on the show. Several hundreds of millions of years the molecules mix together rearranging themselves in all possible combinations becoming ever more complex could this chemistr
It is hip to be square used to be at least. Lets check out u. S. Equity futures. Things are relatively flat and that isa good thing. A bit of a difference after the big swings weve seen. Right now dow futures up about 3, s p 500 up about 2, nasdaq up by 13. Of course this is after a done day for the m down day for the markets yesterday. Treasury yields are something to start paying attention to because we did see a pickup in treasury yields to the highest levels weve seen since june the ten year is yielding 0. 813 . And i know it doesnt seem like a lot, but it is the highest level weve seen in a while and there is so much that rides on that including mortgage pricing which has been a key part of what has been happening in the housing sector, a strong point in the economy so far. Lets get over to washington. Well talk about id call it a soap opera, but really it is a reality show and means a lot to so many millions before nancy pelosi says she is now optimistic that democrats may be abl