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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 crosse...

Good thursday morning. Welcome to squawk alley. I am Carl Quintanilla with Morgan Brennan and jon fortt at post nine of the New York Stock Exchange getting close to new highs well start with facebook. Mark zuckerberg goes to the hill today. Were getting news out of the company on new ad formats as well Julia Boorstin has both those stories. Good morning to you Mark Zuckerberg is making the rounds in washington, d. C. , meeting with legislators, looking to regulate two areas, one, facebook privacy policies, two, responsibility for inappropriate, manipulative content on its platform. Zuckerberg ...

Credit suisse upping iphone estimates and earnings. Wells fargo being investigated by federal prosecutors. The latest on the controversy facing the company and what its ceo told jim earlier this week. If you want to watch nfl football tonight. Apple shares aiming for fourth straight day of gains up more than 9 so tar this week. Company announcing initial quantities of the iphone 7 plus have sold out worldwide ahead of tomorrows debut in stores. The same goes for the smaller iphone 7s in jet black. Also Credit Suisse boosting estimates for both this year and next. Its led the dow for two straig...

The Kolkata-inspired Chourangi, Sven-Hanson Britt's long-awaited debut, the second coming for Manteca and the multi-dimensional 3 Henrietta Street are among this month's key restaurant openings.