Good thursday morning. Welcome to squawk alley. Im jon fortt with carl quintanilla. It is cloud week on squawk alley. If you were betting against snowflake, wur oyoure out in t cold this morning. That stock up is 12 same for Cloud Security and authentication specialist okta were going to talk to the ceo to see if this thing may stabilize from here or go higher splunk, that is the sound of a cloud stock dropping 22 after missing Sales Guidance for the third quarterer in quarter in a row. All this happening as amazons cloud conference is in full swing. Salesforce announced the second Biggest Software acquisition ever and we started the week on squawk alley talking to ibm president Jim Whitehurst who came to big blue in what and is still thelargest Software Acquisition ever redhat driven by a hybrid cloud. Julia, investors are betting on further growth from already heady levels we can certainly see that in what is happening with snowflake this morning it is reapproaching the highs that so
Low. G20 leaders call for equitable access to Covid Vaccines and commit to supporting the economy with host saudi arabia handling the stimulus measures taken by governments so far we injected over 11 trillion into the Global Economy to support businesses and protect individuals livelihoods this is an unprecedented g20 economic stimulus. And president elect joe biden prepares to name his cabinet picks tomorrow with nbc learning veteran diplomat Anthony Blinken is the frontrunner for secretary of state. Well, good morning, everybody and welcome to street signs. We have some big news for this monday morning yet another breakthrough when it comes to vaccines. Its been the third monday in a row that we get some big news on that front and today the results from astrazeneca and oxford yet again proved to be positive showing efficacy rate of up to 90 thats giving a boost to market sentiment. Theres a lot of green on the board. Yet some more positive data coming out on the vaccination space and
Covid cases skyrocketing across the country, increasing in at least 39 states. This morning, what we now know about the third person in the u. S. To be infected twice with the virus, and the new warnings as americans prepare for the holidays. Abc news exclusive. Chris christie joins us live, just released from the hospital after spending seven days battling covid19 in the icu. Why the former governor now says he was wrong for not wearing a mask at that white house superspreader event. Wildfire emergency. The critical danger exploding in the west as the Trump Administration denies californias request for disaster assistance. Ginger is tracking the latest on the red flag warnings this morning. Aloha again. Thousands of vacationers touching down in hawaii on the first day of the islands finally reopening to tourists, lifting restrictions. What this could mean for your Holiday Travel plans. And, oh, my. Dwyane wade caught with this look on his face. The surprise moment that made the nba le
The Prime Ministers Office to demand his resignation on wednesday. On thursday, Government Police moved to quell the protest, by reuters are reporting that state television said it was necessary to maintain peace and order. In addition to the ban on gatherings, the publication of any news or online messages judged to Harm National Security is also prohibited. The huge antigovernment protests have come at a time when the king, who spends most of the time outside his country, is in the thai capital. Then str they are demanding change in the political system, including a new constitution and reform of the monarchy. Moving to france where the city of lights will be going dark. A nightly curfew will be in effect starting saturday for paris and other major cities, as the french government grapples with a resurgence of the coronavirus. Translator the message i want to send is that i need each of you, we need each other to stop the spread of the virus. The government declared a new Public Heal
Considering the increased volume, and to your point the incredible run up that both stocks have had. However, i think people forget that Capital Management is the this man as a sense of biggest thing that a Retail Investor has to do now this may make people in a situation where buying 100 devotion welcome to squawk alley. Shares, et cetera, is not such a the s p trying to build on a six giant part of their account. Day win streak already on pace for the best august since the late 1980s. Were hanging on to one point. Tesla is up 16 this month, has that demand been baked in or pretty good numbers on consumer do you see further room to gain confidence were waiting for the tesla and after monday also . I may punt a little on those apple splits effective on questions. I dont directly cover apple or monday my eye is on this divide tesla. I look at stock splits across a between enterprise on premise performance and Enterprise Cloud Broad Technology sectors usually it is nonevents performance.