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
Work and no relief in sight. Speaking of relief, the top democrat in the Senate Chuck Schumer has republican Majority Leader Mitch Mcconnell agreed the rekindle talks about a stimulus package the senate is on recess through next week. We will speak with Colorado Governor Jared Polis who just moved 15 counties including denver into level red restrictions he is also part of a group of governors speaking with president elect biden this weekend. Plus we will talk with the ceo of the National Association of manufacturers who is working with bidens team to help fight the pandemic today we have with us mike santoli, steer liesman mike, the broader markets are well off the lows as we speak. They are. Kind of a little bit of an aimless back and forth type day. Absorbed a little bit of a morning selloff. Didnt do any real damage it has been firmly bid, especially with son of the bigger nasdaq stocks coming back. Holding the indexes together relatively well. As we speak, the s p around 3,580. Tha
This election is control of the u. S. Senate and that really means control of this country the voters of georgia will determine which party runs every committee writes every piece of legislation controls every single taxpayer dollar. U. K. Media is reporting that the british cabinet will support Prime Minister Boris Johnson over a no deal breaks it the u. K. And the e. U. s still at odds less than a month before the deadline to reach a deal talks are set to continue later on sunday in venezuela voters are choosing a new congress in an election boycotted by the opposition the u. S. E. U. And most latin american countries are calling the vote a sham that will enable president Maduro Zwilling socialist party to take over the last state body controlled by the opposition the u. S. Has recorded a Record Number of calls in 1000 infections for the 3rd day in a row nearly 230000 cases according to the Johns Hopkins university and the u. S. Has seen a major resurgence of the virus over the past
A no tailbacks it that he has more from london were hearing that Michel Barnier may brief us it is on the latest developments or monday morning if there is anything to to report on monday evening Boris Johnson again who will speak to the head of the European Commission to see whether any progress has been made because in the words of a british cabinet minister on sunday we are into the last few days of possibility of striking a deal because the contentious points fisheries access to british waters and how soon that should change a level Playing Field what kind of rules britain will have to continue to follow and how any disputes will actually be solved in the future. In his 1st post election rally u. S. President donald trump has again falsely claimed to have won the election in georgia is campaigning for 2 republican senators ahead of runoffs in january that will decide which Party Controls the senate a committee in the u. S. Has found that directed microwave radiation is the likely c
Global news 24 hours a day on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in over 120 countries. I am Mark Crumpton. This is bloomberg. I am vonnie quinn. Welcome to Bloomberg Markets here are the top stories we are following. Covid vaccine in the ether again. Pfizer says a final analysis of the chemical trials data shows its vaccine was 95 effective. Free han the 90 previously. Michael stubblefield, ceo of of and later we will speak to the ceo of intact financial. It would be the biggest acquisition of a u. K. Listed company this year. A quick check of the markets. For the most part, not doing much. The s p 500 unchained. The 10 year yield under 88 basis points. Weakk dollar index a dollar index. We have a slightly smaller dollar. Investors keeping an eye on vaccine development. Tor provides materials for vaccine candidates. The president and ceo Michael Stubblefield joins us for more. Michael, you provide Raw Materials for most of these vaccines