Apple reports, by the way, apples plan for new faster chips behind that. And you see it there call it snowflake soar since its ceo raking it in every month jim cramer says hes worth every penny, carl. Thats a lot of pennies well talk about that, guys. We mentioned, jim, all the stuff thats coming at us in the coming weeks or the coming days, rather including some investing meetings, crm, adobe, disney and starbucks. A lot of companies that are doing incredibly well and we should also be thinking not just here but worldwide i think its kind of shocking to see that other than the banks in europe, almost everything is doing well all over the place, including these companies which are very international companies. But i think disney has a great story to tell when it comes to plus adobe has a great story to tell when it comes to all the things theyre doing and starbucks it looks like were getting comments saying, look, theyre doing better than we thought and thats also international. All th
Welcome to squawk box. Im Andrew Ross Sorkin along with joe and melissa lee, becky is off the s p looking to open about 12 points higher. Well explain why some of this is happening and lets show you treasury yields as well the ten year note right now looking at 0. 931 . But maybe a little bit of an explanation coming up here, melissa . Yeah, some optimism Mitch Mcconnell said that compromised deal was within reach and well get a live report from washington at 6 30 a. M. And we heard it before, but it seems like btoth sides are comig a little closer. On a much lower number. And im just thinking about, i dont know, andrew, what did we do to deserve this i mean we are living right or i mean, who ushered in the new week on squawk box on monday who is helping us usher out the week that was on squawk box . A monday and a friday. Is this46 w was this planne melissa, what did we do to deserve this not wouldby not by me how long has it been, stimulus vaccine i guess the election, although we do
Pattern meeting globally at the jackson hole symposium shares in wpp jump as the worlds biggest advertising slump. Tiktoks ceo quits quiting a changing political environment after actions to ban the video app. We are tracking the hurricane laura after the storm made land fall in louisiana with a 20foot storm surge. Crude was cut ahead of the storm. Just incredible when you talk about 20 feet and the language thats been mentioned. That most of the parish could be under water and the word unsurvivable has been used some of the houses are built on stilts particularly on the texas coastline. The oil industry has been interesting. 90 shut down similar to katrina. Mostly brent that is picking up the action matched against these concerns has been the covid19 impact that has tracked the reaction in the range so you wont see the impact close to 46 on brent prices and just above 43 this morning. Not getting any traction in the read Nbcs Jay Gray from the gulf coast. The most powerful storm on th
Estimate. The pboc governor says china will implement the phase one deal with the u. S. He said that in an interview with tsinghua. Chinext is down, extending a decline after bearish reversal. China internet stocks were up friday following the ban on tiktok. Some say forget the tencent risk, asian stocks are silly by. Alibaba still a buy. S p. R tech giants on the we have futures in the u. S. 3343. Ng to a flat open, the s p 1 away from its alltime high. This on the outcome of the u. S. Stimulus talks. Also the u. S. China phase one review. We are taking a look at live pictures out of taiwan where alex azar is going to meet the taiwanese president. He is also meeting with taiwans health minister. This is a historic visit. He is the highest ranking u. S. Official to visit in decades, threatening to further stoke tensions between the u. S. And china. Chinese Foreign Ministry spokesperson last week said beijing was opposed to the visit, calling taiwan the most important and sensitive issu
English premier league along with a spat with the u. K. , all reports prius president xi jinping could close the u. S. Consulate in showing do. Tension and political Mitch Mcconnell good unveil a gop plan opening up discussions with immigrants. Cost cuts assifies it sees a considerable slump in economic output. Confirms its diagnostics unit. Units from unilever coming from across the wire. What are you seeing . Anna we got the numbers from unilever. Lets get to the story in london. Unilever with underlying sales, down. 3 , but better than the market anticipated. The estimate was for a drop. 3. 89 . That is a good number for the underlying sales story. They were telling us about what they plan for their tea business. They talked about moving it on in some way. Now with a that will hold they will hold on to some of it. They are retaining the tea businesses in india and indonesia and interest in the ready to drink tea joint ventures they have, but they are telling us the operations they w