Stimulus watch and of course, palantir, we are awaiting the opening trade set to begin really at any moment. Alex karp, the ceo will join us right here on cnbc immediately following the first trade, jon as we said, its been a long road a lot of filings. A lot to read about the company, voting structure, privacy, you name it. And the Business Model at large. Yeah. And its another big, big ipo but very different from snow flake, which we saw which has a ton of customers, large and small and kind of this very broad play on data in the cloud. This is a company thats dealing with big data and has just a few really huge customers, carl. And thats where well start this morning, jon. Josh lipton has more on what to expect once the first trade happens. Hey, josh. Carl, a master of creativity. That is how Ceo Alex Karp describes his company, palantir. A data miner, its software ahows customers to integrate volumes of data into a central platform where it can then be securely analyzed and interpr
[inaudible] im ready when you are. Are you live . Are we going . Senator whitehouse. Thank. , you can take a bit of a breather on your return to the committee. What i want to do is go through with the people who are watching the conversation that you and i had when we spoke on the telephone. You were kind enough to hear out a presentation that i made and i intend to have some questions in that area. It does not make sense if i have not laid the predicate particularly for our viewers who are watching this. I guess the reason i want to do this is because people who are watching this need to understand that this small hearing room and the little tv box you are looking at, the little screen you are looking at are a little bit like the frame of a puppet theater. If you only look at what is going on in the puppet theater, you are not going to understand the whole story, you are not going to understand the real dynamic of what is going on here. You are certainly not going to understand forces
Worsen, suspending imports of australian coal. Disney jumping a late trade on a management shakeup and a focus on streaming through a newmedia unit. We hear from the ceo. Check of howget a the markets are trading. We are seeing u. S. Futures coming online pretty much flat. We saw u. S. Stocks climbing to an almost sixweek high we had a rally. The s p 500 gaining ground. We also had financials pretty strong, gaining more than 1 ahead of earnings season. Jp morgan and citigroup reporting tomorrow. It was really about this years trade that really led the rally. The nasdaq composite gaining more than 2. 5 . Amazon soaring ahead of its prime day. Apple also jumping. The product unveiling but its price target was raised by rbc Capital Markets. Take a look at what oil is doing, reversing some of those losses it saw during the u. S. Session when it fell below 40 a barrel. Gulf operations restarting after hurricane delta. Sourcesention, libya saying we could see output there doubling within 10
Finalizing a blank check operation around the frenzy. Haidi trying to take that winning streak into a seventh straight session. Retrading pretty optimistically. We are seeing gains about. 25 when it comes out the gate. The aussie dollar trading on the back. We are seeing gains for almost two weeks straight now ahead of the federal election. At kiwi dollar is sitting 37. We are seeing almost no change through the open. Have nikkei futures not doing much at the moment. Is at a oneweek high the u. S. Dollar dollar. 15 on year. E than from those that we saw in session. Operations restarting. Speak, theng, as we morning training trading has been lead due to the storm. We are talking about the Tropical Storm being upgraded to a storm signal eight. Options have been delayed. They will make a further later, but there will be no morning a warning isuch lowered. Dominating across the markets. Lets turn to tom mackenzie. We have been talking about trade tensions when it comes to australia. Haidi
That is why i am requesting for the legacy for the store to stay the way it is because it is very that is very classic. Thank you. A commissioners, the mater is now before you. Remind the commissioners to mute the mics when you are not speaking. Next commissioner please. Commissioner i want to congratulate all the legacy business applicants for this round. All of you spoke with great passion. I am so happy and proud to be added to the list. And i want to call out the comment by the san bruno store and with no communication and no real understanding with the landlord about how important the Small Business is and thank you for understanding the Small Business that is in your property and very happy that you understand and realize how important it is to keep Small Businesses alive in the city. Awe same thing as was already mentioned. I want to overall congratulate everybody and also welcome our new staff coming in. To do the application for us. I have a few to talk about and first the san