Terrifying early days and with it a reason to be hopeful. And President Trump saying nope to the virtual debate he wants to get back on the road it is friday, october 9, and this is Worldwide Exchange right here on cnbc everybodys working for the weekend especially wants a new romance with all due respect to lover boy, no, we are not. Lets all agree, you and i, im looking at you, it is 5 00 and were not working on the weekend, were going to rest and im going to sleep all weekend good morning, good afternoon, good evening and welcome happy friday, even im Brian Sullivan lets kick it off with stock futures because they are higher. Dow futures up 96 points, the major averages all coming off their third positive session in the last four. And the dow quietly on track for its best week since early august and file this under you cant keep a good market down. The dow transports higher once again yesterday hitting yet another record high, that index up more than 4 since monday trucks and trains
Unit into a separate Public Company. More on that in just a bit ibm up and all the markets up with 59 minutes left in the session. All the big stories of the day coming up. Morgan stanleys Ceo James Gorman on the back of his companys 7 billion deal today to buy Investment Firm eaton vance. Carnival giving a Business Update as the crews and travel industries continues to deal with uncertainties amid the pandemic ceo Arnold Darnell will be our guest next hour. The ceo of Amc Entertainment will join us to discuss the rollback of more blockbuster movie releases why he is staying open when some of his competitors are deciding to close lets look at the stories we are watching in the final hour of trade. Joining us to talk about regenerons push for emergency authorization for its covid19 treatment is alettia young bob, start us off on the market. There may be no stimulus, but the market is actsing like there is going to be one they have levitated themselves into believing something is going t
Capabilities in other markets is a clear benefit to creators and users in those markets essentially they believe the potential relationship with tic toc partnering. With microsoft is going to add quote key functionality and provide walmart with an important way to reach in serve customers as well as grow our 3rd market 3rd Party Marketplace an advertising business in short walmart is not a big brand especially among millennial is and this next generation of tech talk users that are out there right whatever you want to call them generation x. Whatever you want to call them but the young teenagers and young adults who used to talk are not big walmart shoppers theyre not big fans of walmart what they are big fans of right now is ecommerce giant amazon they are much more likely to purchase and to buy through amazon so by walmart jumping into tick tock what theyre doing is theyre essentially gathering up you know hundreds of millions of new users who in the past maybe didnt even like walmar
The nasdaq is testing the lows hit during last weeks threeday selloff that sent it into a 10 correction. Any more than a 206point loss for the nasdaq and we right now are down 212, so yes, we are now deeper into that correction territory. We knew the pandemic absolutely crushed the travel industry but now booking holdings, forced to take a draconian step ahead of the Holiday Travel season in order to stay alive. The ceo of booking is here to tell us if hes at least starting to see a shred of light at the end of a very long lockdown tunnel. Plus we are on the ground in florida after the aftermath of Hurricane Sally. A money manager to sports star shares his covid stock picks. And new evidence of a coming coronavirus foreclosure disaster. Less than an hour to the closing bell, lets start the claman countdown. Liz weve got to get to the hottest software ipo of all time. It is now getting iced over, with about 59 minutes left to trade, take a look at snowflake, falling hard after yesterday
A statement the company said capital one periodical reviews accounts based on a variety of factors and may make changes to existing credit lines other credit card lenders may soon follow suit and this comes as lawmakers are still at a deadlock on a krone virus relief bill. A huge day on what is without question one of the biggest tech stories of the year well chinese social media optic talk appears ready to sell its north american operations will the announcement is expected within just the next few days and we know that the price will likely fall within the 20. 00 to 30000000000. 00 range well as we have reported the trumpet ministration has pushed talks owner Chinese Technology giant by dance to sell its american operations after targeting the over National Security concerns but who will be the new owner well thats a major question moving forward joining us now the cohost and investigative journalist but swan ben weve talked about this over. Never again we know that microsoft had any