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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 Sof...

Ama daetz. California set a single day record for diagnosed coronavirus cases with more than 13,000. The previous high in july. Were seeing the Positivity Rate spike. The 14day rate is 5. 2 . Thats an indicator of the spread of the virus. Another member of the trump family is infected. Donald trump junior tested positive and is quarantining in upstate new york. Rudy ghoiulianis son also test positive. He serves for trump. The citys Health Officer said today he expects the city to move into the restricti tivi purple tier as early as sunday. Abc 7 is committed to keeping you fully informed about...

He called me and ask whats going on and explain its been attacked and he wanted to call the police, but it was the police. It was outrageous. And the relative of a civilian reportedly killed in a u. S. Drone strike in yemen says he continues to live in fear that says a top court in germany rules. Berlin can legally distance itself from potential american war crimes conducted from german soil. As your world News Headlines for this hour, ill be back with more in just about 60 minutes. Hope to see that fox news has a problem when they report of the election results. If you were is damn dumb on so...

To president elect biden Energy Continues a monster move higher the oil and gas etf up 13 in the last two days. Despite the steady increase in covid cases vaccine developments are continuing to help the likes of the airlines, cruise stocks, retail all surging higher today as we cross that 30,000 level once again, to check it we are still above it will we say that 59 minutes left to trade. 29 points above it. On todays show, two voices to help explain the dows record rise in just a few minutes Jeremy Siegel will join us and later Liz Ann Saunders plus former testry secretary jack lew will discu...

Most like to buy hell join us with that in just a moment power lunch starts right now welcome to power lunch. Im dominic zchu. The Energy Sector is leading the market higher and up around 16 for that sector, its best week ever, ever historic levels. First, its a long, long 2020 for the group here, still down 45 for the year overall take a look at two of the big earnings winners youve got cisco up more than 6 and disney off the highs but still up 2 as its streaming service passes 73 million subscribers. In just the past two weeks, the dow is up nearly 11 for more on the markets now, lets go ove...