Page 2 - Sam Davis News Today

Good morning, it is midnight in beijing its 11 00 a. M. On wall street and squawk alley is live. Good friday morning welcome to squawk alley. Im jon fortt with carl quintanilla. Its the end of cloud week on squawk alley. What a week its been. They have brought news on custom chips, Machine Learning and more sales force announced plans to buy slack for nearly 28 billion in the second largest Software Deal ever. Weve had ibm and microsoft weigh in snowflake and others have turned in blah earnings ...

The last hour after fed chair Jerome Powell and treasury secretary Steven Mnuchin did the same in a hearing before congress. It comes as the cdc panel is meeting right now at this very moment to decide exactly who will be the top priority to get the first doses of the coronavirus vaccine. And then who gets to be in the levels after that. We are going to get you a live report. And one russell 2000 company is making a huge transformation from an Artificial Intelligence chatbot giant to the bank of...

Dus good Tuesday Morning i spoke with aws ceo exclusively last night covering a wide range of topics. Youll hear about all hour including Data Warehousing and the emergence of snowflake in that space which by the way runs on aws heres what jasy said about whether there is room enough for snowflake and aws sorry, snowflake competitor from aws red shift in the market. I think its unquestionable that theres room for both snowflake and red shift to be very successful and grow to be very, you know, a...

Trillions from washington, more printing by the fed, that is a shot in the arm for stocks. Look at this, the dow industrial is going up maybe 300 points plus at the opening bill. The s p up 33, nasdaq up close to 100 points. Investors are really shrugging off the new round of stay at home and lockdown orders. And restrictions, were new ones in new jersey, ohio and california. And, yes, another case of lawmaker hypocrisy. L. A. County supervisor sheila are cool voted to ban Outdoor Dining at rest...

Welcome to squawk alley. The at Home Technology story continues to deliver big you can see there sonos up 26 this morning after strong earnings want to talk to the ceo in a minute and nvidia also delivered solid results on pc and Data Center Demand beating on both earnings and revenue. Sales up 57 from the same period last year though its lower this morning on modest guidance second biggest gainer on the s p 500 year to date though. Julia, its really interesting how, you know, stay at home stock...

Do you dunk the entire covid cohort or stick with it on a dow when the rose 183 and the nasdaq gained 1. 8 the reaction to zoom Video Communications after it reported a good quarter that wasnt quite good enough for wall street. This company practically sin none mouse with the new normal and look ban on 2020 as the year of zoom so when you see it down 15 its alarming. You got to wonder what that means for the rest of the stayathome stocks. The answer, nothing. Just because zooms insanely high gro...

In 2020. The mcrib is back. We will give you the juicy details. The nasdaq and dow gained. Alphabet soared to a new record as we kick off the final months of this year do you keep with the big tech trade . What does that mean what he is getting himself into. James mcdonald, i want to say on the sides and behind the cameras, welcome i know we are thrilled to have you and cnbc is thrilled to have you. And i know melissa lee is tlo d thrilled to have you because i believe you both attended harvard....

Trillion since he was elected four years ago. President trumps stewardship of the i economy and these markets coming despite a never ending assault from the radical left, the deep state, are resistance from the rinos of his own party, a politically corrupt judiciary, not to mention a Global Pandemic unleashed by china on an unsuspecting world. 2020 has been an unforgettable year. And an impromptu press briefing today, the president hailed his administrations efforts and congratulated the America...

Stock hitting what . An alltime high ahead of its investor day next week, despite all the obstacles that face its parks and movie businesses weve got those details. Look at disney run and later the director of National Intelligence says china is the greatest threat to the United States and wall street may be getting stuff in the middle of the war of words we will explain as power lunch begins right now thank you, ty. Record highs across the board including the russell small cap two 2000 lets go ...

To abide by draconian lockdown orders, will have the latest on reaction to all of this and from capitol hill im joined by republican congressman andy biggs of arizona talking about a 35 million covid relief bailout going to want to joe bidens Campaign Advisory firms, what the heck is going on with that. This is the backbone of america being challenged by new lockdown, 60 of americas Small Businesses closing for good or being pressured to follow debilitating restrictions, will hear from the chief...