David i do not consider myself a journalist. No one else would consider myself a journalist. I started to take on the life of being an interviewer even though i have a day job of running a private equity firm. How do you define leadership . What is it that makes somebody tick . Let me ask you about salesforce. Com for those who are not familiar with it. There may be a few. You started a company in 1999 and today it has a market value of 340 billion. If you bought the stock at the beginning, you would be up to 7000 . Marc 3500 , but who is counting . You are better investor. David i dont know about that. Marc we have had a very good shareholder return and a good stakeholder return. We have been able to give away 300 million. We have done 400 million hours of volunteerism. David for those who are unfamiliar with what your Main Business is, what does it do . Marc it is a Software Company. If you go to adidas. Com and buy some adidas shoes, some yeezys from kanye west, then you get an emai
Thattart to see some of speculation in smaller cap to midcap names. Keep in mind, the rebalancing of the indices, that actually took effect today, so you will see a lot of the smaller names move into those midcap and largecap, the russell 2000, the russell 3000. Taylor we are getting some comments from fed chair jerome powell. Congressional testimony tomorrow. He is saying the path forward is extraordinarily uncertain and really hinges on this virus. Untilecovery is unlikely people are confident it is safe. Incoming data beginning to show a resumption of activity. A new phase is sooner than expected. Millions of jobs are still lost. He is repeating that the fed is still committed to using a full range of tools. Below,y keeping rates buying bonds as well. Romaine the other thing that is going to start to drive this is corporate earnings. Micron earnings crossing the wire. The three q numbers, adjusted eps, above the estimate for . 77 on an adjusted basis. For 5. 3. Are looking company h
Drug that meant people werent dying of this. In the study, only two people died no placebo up against the remdesivir they were using these are early results but promising signs of hope. The dow futures indicated up by about 700 points if we continue like this, that would put the dow in positive t territory. S p indicated up about 75 points and the nasdaq indicated up by about 177. Lets look at the treasury market yesterday, those yields for the 10year were under a little pressure they had come back down even more we were talking about under 0. 7 looking now at the 10year treasury, you will see on this friday, last trading day of the week, the 10year is yielding 0. 64 . Looking at oil and the shut down of Oil Production and cuts of the number of barrels being produced a day around the globe, you did see prices come back down it is not enough to keep up with the dropping demand. Watching that too. This morning, wti is down to 18. 61 a barrel well be talking markets, potential medical bre
The 10year is yielding 0. 75 . Well continue to monitor that as well. We have a lot of guests today. Including dr. Scott gottlieb who will join us in a couple of minutes. J js cfo, the ceo of moderna, ceo of related companies and the ceo of zoom. All in the next three hours. Andrew an update now on the pandemic in the United States. Now more than 582,000 cases and 23,000 deaths. North has 96,000 cases and 10,000 deaths. New york governor governor cuome numbers appear to have knocked off in new york. It was an accomplishment. A heck of accomplishment those Health Care Workers for the rest of my life, i will say nothing but thank you to them. I was not sure if we could keep the tide from overwhelming our hospital capacity. They did there is going to be no ephany or morning headline that says hallelujah, it is over thats not going to happen. Well hear more from dr. Scott gottlieb about plans to reopen the country and more about Governor Cuomos gathering of states on the east coast to disc
Number. We get the ppi number and that tells us if inflation is sticking there. It was hotter in january. The tenyear note is sitting below 4. 2 at 4. 198. The twoyear note at 4. 26 . The head of the National Transportation safety board said Security Camera footage showing work done on the boeing max 9 door plug that blew out mid flight has been overwritten. In the letter to the Senate Committee and the chair and agency still lack critical information of the events that led up to the january incident and who performed work. Boeings Ceo Dave Calhoun said he was unable to provide the names of the workers. Boeing has no records of the work performed. Boeing says the company does not retain security footage for longer than 30 days. The work was in the factory last year and delivered in october. More news raising eyebrows and questions. Oh, my. Thats all i have to say. I know. I guess i have seen enough dateline and drama and you look at the footage and you say oh, no. You leave it in. You