And the deal is worth over 44 billion in stock it combines two of the largest providers to wall street and so far 2020s largest dollar wise deal plus, youve seen it on squawk box gm and nikola announce a smaller deal on fuel cell systems doesnt involve equity and well get to more of it why those shares are down so sharply by the way, jim, great to have you back. A lot to catch up on that we missed talking with you about over the last few days as for moderna, another monday here, jim, with 100 on severe and more discussion that come spring we may have nearly ten of these things to choose from. A remarkable moment because it is true this is warp speed and warp speed is run by the army and going to go to longterm care facilities at the same time it is going to go to Health Care Workers and i think the good news here is it will go to a lot of people that no one thought they could get to very early you shotgun the entire level of when you include modrna and dont even talk about j j i think
Daytime highs looking at 86 in concord and 82 for san jose and 74 in oakland and 68 for San Francisco. As we head into our weekend, offshore winds will kick in and that does mean a high fire danger with a fire weather watch from 11 00 a. M. Saturday until 8 00 a. M. Monday for the north bay mountains and east bay hills and interior valleys. Well talk more about those critical fire weather conditions as we head into the weekend coming up in a few minutes. Now lets check in with gianna for a look at traffic and its the slow drive right now through the Altamont Pass. Yeah, it sure is mary, i mean, tough look at this. All this red on our maps this morning. The problem is, a broken down big rig stuck in that right lane. Theyve got tow crews on scene as well. A large flatbed to kind of try to get this one out of lanes but its causing a big problem for whats already one of the bidsiest rides for the morning commute. So supercommuters, gear up. Its going to be a tough one this morning. And unf
Supreme court going to shut him down this week tomorrow they are going to say, were also making it illegal to wear suits that look like trash bags sorry, my man. President trump tweeted today about former National Security adviser john boltons new book and said, quote, wacko john boltons exceedingly tedious New York Times book is made up of lies and fake stories, said all good about me in print until the day i fired him. A disgruntled, boring fool who only wanted to go to war and never had a clue, was ostracized and happily dumped what a dope. Okay, but everyone already knew that, and then you hired him trumps like a mcdonalds manager who puts a golden retriever on the register and then gets mad about the long line it was never going to work in the new interview, former National Security adviser john bolton said, he believes that putin thinks he can play president trump, quote, like a fiddle i dont know fiddles are notoriously hard to play if anything, putin is playing trump like a dru
This of course, the saudis are flooding the world with oil right now. The russians, its not clear where the heck they are because theyre very secretive, but i know who is not there, the drivers. Theres very little demand david and i talk about this with you all the time, carl theres this overall sense, you know what, if we just get things moving, things will come back again. We need customers. We need customers to get their hair cut, to go to the dry cleaner, the restaurants, and we need customers on the road without them, i really dont care what president calls who, you need a tariff to keep the to keep the saudi oil from coming here, and you need the chinese to restockpile, and frankly, thats still not going to be enough to be able to make it so oil real demand goes higher good point yeah. Sorry, carl. 6 Million Barrels a day, jim, is what im hearing right now as we still try to adjust. Even know we know each others cadences so well 6 Million Barrels a day here and its not just not j
Good Tuesday Morning im Carl Quintanilla with david faber and jim cramer coming to you live from separate locations this morning coming off that 7 rally and futures build as optimism about flattening the curve goes into a second day more talk of another round of congressional stimulus oil up about 2 , as we await the opec plus meeting and exxon slashes capex about 30 . Mnuchin and kudlow on the tape this morning saying the white house looking to reopen the economy as soon as Health Experts give the green light but thats going to be met with skepticism today look, ive got to hand it to them in terms of trying to make it so theres enough money for small and medium sized business to get open. Theyre doing it theres no limit to what theyll give i think the Community Banks, no limit to what theyll lend i really like that the other side though is the customer and weve got to find a way for the customer to feel confident i know i will feel continue if i dent when i see everybody else wearing