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 well hear from the ceo this hour what does it mean for investors already sky high investor malic noijoins us now i cant believe we never had you on squawk alley before i hope this is a trend i want to start with sales force slack. I know that you have known stu butterfield for a long time, even before flicker was a hit. You think this very expensive deal makes sense why . So lets remove the price out of the equation. I think what youre looking at right now is in 2020, we have gone from the idea
U. N. Secretary. Thank you. Thank you for having us. Were delighted to have you both. So, let me start with you, if i may, doctor. Could you give us a global snapshot of Energy Poverty, where things stand, what populations are affected and what kind of repercussions are for gender equity and employment in the areas of the world that are most affected. Thanks again for having us. I think to just talk about what the Rockefeller Foundation has done and under the leadership of secretary munoz is looking at how we can end this Global Partnership and Energy Poverty. And as you ask, and rightly so, what is the global landscape. Let me start with my own continent. Africa accounts for only 2. 3 of the 270,000 hours of electricity generated. Asia is only 7. 8 . Its africa but also south and central america, its 4. 9 . When you look at those three, africa, 3. 2 , india, 5. 8 , and south and Central Africa america are just 4. 9 , you see theres still large swaths of the global space that is energy
A man you saw in paris as bush fires force evacuations in australia Scientists Say 2020 is on course to be the hottest year ever. And in sport south africas one Day International cricket series with england has been called on it follows positive code 19 tasks and reported reaches to the team by a secure environment in cape town. Hello we begin in the u. S. Navigating its way through a president ial transition as well as a worsening coronavirus situation so a record 100000 people were admitted to hospital on sunday with more than 2000 americans dying from the disease every day while president elect joe bidens reportedly made his pick for Health Secretary. One of the incoming administrations most consequential jobs hes eyeing californias attorney general have you for that position well in his home state some 33000000 californians are now under sweeping new restrictions private gatherings will be banned as intensive care a capacity there continues to shrink members of congress who have be
Unemployed virus spiking and vaccine is not coming soon enough this warp speed is too slow. As wall street sees it, worse news is better for a stimulus bill the nasdaq has been lagging. 70. Yet, we saw buying in many of the stocks really would benefit. B caterpillar hitting an all time high if you want to be in those, it is chevron or pioneer. The seven conductor stock, they just roar. The opening of america play. Will we get a stimulus bill . It is a Perfect Place to start a game plan next week. I fear that we are going to get hammered when we come in on monday lets be clear the Labor Department reported this morning 8 30 was a disappointment not a surprise if you are paying attention to the spike and covid infections of the death toll whatever reasons these kinds of number dont seem to be impacted by common sense. You have to believe a good chunk of the economy is going to get shutdown it is not the government, people it is going to be shutdown by fearful individuals who dont want to
Next hit. For now lets talk about what will happen this afternoon. After being in the 30s and 40s this morning, well hit the low to mid 60s around the bay. 61 to about 63 degrees. Then you can see inland about 63 to 68. The cool spot will be Half Moon Bay at 56. Liz . All right. Thank you. New this morning, moderna will ask the fda for emergency authorization use for its covid19 vaccine today. The massachusettsbased Company Released its latest trial results today. It says so far it found the vaccine is just over 94 effective. Moderna following pfizer in requesting emergency authorization use. The fda is scheduled to meet and review the Pfizer Vaccine next thursday. The agency could do the same for modernas vaccine as early as december 17th. Surging covid19 cases have forced San Francisco and san mateo counties back into the purple tier. And that means new restrictions and a curfew. Gyms have to close indoors but can operate outdoors. Top attractions like the academy of sciences are clo