Still youre a member of our key Investment Committee Carrie Firestone is here as well jim livan that will is here. This is a big program. Jim, im going to you phish on what were watching here the market definitely took a leg lower on news of that regional quarter teen announced here in our backyard. Absolutely. I was counting on a certain series of things to occur. First is the america awakened trade works, meaning we get back to work, we start the long road back, meaning we dont have to hear from secretary mnuchin because things are good. We dont have to hear about from dr. Fauci. Its just all rolling back this 14day quarantine is like, holy carp, its like a civil war. Phil lebeau saying this is bad for the airlines. Its a bit of a reality check, the reality of where we are. I cant think of a better word to use all of the optimism, you know, some acting as though the virus is gone, others trying to wish it away. The reality of the matter is that you have spikes in some big, big places
Spacex, and it is actually playing out in the market. Because spacex is privately held but if you look at the handful of more pure play space names, virgin galactic, not affiliated with any of this right now but represents Space Tourism play is higher today also the ufo space etf is trading higher ahead of the launch its scheduled to happen a few minutes after 4 30 p. M. Eastern right now but well see how the weather and Everything Else plays out here, john. You talk about space a lot, its a an important story, an Important Technology story also. I cant help but look at whats happening to silicone valley and tech at large over this incredible year especially that weve had. If you think back over the past decade, the elon musk brand of tech that is hardware, big hardware, difficult engineering, its tesla, spacex, that wasnt the popular thing. It was more the instagrams, the airbnbs, the we works. I think weve seen in this, you know, virus crisis that swept the globe its some of those in
Shutdowns until at least may 15th we have a great lineup today. In just a few moments, well speak with Patrick Harker about what will take to get the economy back on its feet and later, Alexis Ohanian will join us hell talk about his investment in a company thats help iing Small Businesses navigate the loan process, which is one of the issues lets focus in on the stories we are watching in this final hour of trade wilfred of course covering the bank earnings. Morgan stanley the latest. Meg has new details on testing but well begin with breaking news out of washington where President Trump is expected to meet this hour Via Teleconference with governors. What are we expecting here that conerer sags is about to get underway where President Trump is going to share with the nations governors what the white house and its medical team have arrived at as far as the guidelines for reopening the economy. The Daily White House briefing is going to take place at 6 00 p. M. And what President Trump
Good friday morning. Welcome to squawk alley. Carl quintanilla with jon fortt at post nine of the New York Stock Exchange morgan has the morning off were going to start this morning with apple, with the companys latest slate of iphones hitting shelves this morning. Josh lipton is at the apple store in San Francisco where i think theyre just opening, right, josh . Reporter thats correct, carl were here at one of Apples Stores in San Francisco. Doors are just opening i will step out of the way so you can check it out three new iphones officially hitting shelves today, carl. Faster processor, longer lasting battery, better camera, the toughest glass in a smart phone, not just an iphone, but smart phone, period, according to the company. The big question for our audience, traders, investors, business people, did apple do enough to keep the iphone franchise stable over the next few quarters i checked in with mike olson he bets apple has done just that he is looking for iphone revenue to be
And the stalk . Oh, uh, wait, i broke everything except the stalk, in my opinion, you didnt take it by the stalk, but broke off the harvest of next, next, next year, as i understand it, im here for a long time, yes, until you work it out, lets start further, please note this it was my first attempt, the first apple, and i was already stuck for a very long time, but in this direction you have to take it with your left hand, yes, with your left. Hand, you see, you see, oh, oh, oh, yes, super, well done, there is contact, im learning quickly, as if ive been doing this all my life, and this is just a fear of staying here forever, because if i break another harvest of the next year, then everything will have to be worked out for free, but today i was planning to get paid for it, well, in this situation, it all depends on how many of these baskets you collect, but how much does it take to pay me, thats good, by the way, who are you hiring . Is engaged only in picking apples, there is such a