The major issues the Incoming Biden Administration may face . Guest one thing that the bike administration pretty early on is going to figure out is they are inheriting at the very least a google antitrust lawsuit from the doj. Speculation about how politically motivated that it y been but nevertheless, the actual textual thing, its fairly narrow and fairly focused on issues that democrats have raised as well about the market power of google. They will have to decide, okay, almost certainly they will continue to litigate this, but do we want to expand this . Do we want to try and rope in some state attorneys general who are also investigating google . The trump doj has the support of group of ags but they are all republicans do we know democrats are looking at the stuff, too. So how expensive do we want to go on at the trust . Host do you think it would be more expensive expansive tha Trump Administration . Guest thats the expectation. Over the last couple years its been rigorous inter
What do you think is going to be one of the major issues that the Incoming Biden Administration may face . Kyle one thing the Biden Administration early on will figure out what they have to do with is they are inheriting at least a google antitrust lawsuit from the doj. And, you know, there is speculation about how politically motivated it may have been, but nevertheless the actual text of this thing is fairly narrow and fairly focused on issues that democrats have raised as well about the market power of google. They will have to decide, okay almost certainly they will continue to litigate this, but do we want to expand this . Do we want to try and rope in some state attorneys general who are also investigating google . The trump doj has the support of a group of ags, but they are all republicans. Democrats are looking at this stuff too. How expensive do we want to go on antitrust . Host do you think it will be more expensive than under a Trump Administration . Kyle that is the expect
And we lead the program with the latest development in the treatment of copa 19 in the u. S. Food and Drug Administration on monday authorized emergency use of eli lillys experiment mental antibody treatment. Thats balm let me be mocked the f. D. A. Said the emergency use authorization was given based on Clinical Trials showing the drug reduced the need for hospitalization or emergency room visits and high risk tobit 1000 patients now the regulator added that it can be used now for treating patients over the age of 12 with mild to moderate symptoms but cannot be used for patients who have been hospitalized due to cope at 19 lilly is hoping to supply as many as 1000000 doses of the treatment in the 4th quarter of this year now the u. S. Government previously made an agreement with the drug maker for the early supply of the medication on the news lately stock was up as much as 4 percent throughout the day. And following the news that pfizer bio and texaco but 1000 vaccine candidate showe
For those two companies, it was a tale of two different big tech quarters alphabet has certainly been the laggard this year. Underperforming not just its big tech peers, but the nasdaq amazon has been a standout, 70 gains. Alphabet had a low bar and amazon had a high one. Did they deliver we can look at a number of metrics, what i want to drill down on particularly is cloud. These are the companys newer growth engines cloud numbers came in only in line with expectations revenue up 29 year over year. Love large numbers but google cloud, revenue was up 45 and now the company is going to break it out as its own segment. Have a listen to what was said last night. Given the progress we are making and the opportunity for the cloud in this growing global market, we continue to invest aggressively in our gotomarket capabilities and extending the global footprint you will see information about the scale of our investments so investors are going to be able to see exactly how much google is inves
Election uncertainty poised to bounce from the worst week since march businesses are bracing for election unrest. Live in manhattan. Well take a look at how companies are preparing for the unknowns of this week ahead. And with no preelection stimulus lifeline, how airlines are now preparing to stem the losses and lure passengers back in to their seats. Carl all right, jim, what do we think is going on this morning doesnt sound like you trust futures at this level. We really sold off terribly friday until the last half hour. This is continuation of what looked like a short covered rally. I think a lot of people who are betting that no matter what happens it will be contested and therefore the market has to go down so, why not just come in short my problem with that is what happens if its actually not contested . What happens if its a landslide for either side. The reeason i point that out if youre betting on a contested election its entirely possible with our 24hour coverage its entirel