Good morning, everybody. I think w had senator blumenthal remotely, ishat correct . Mr. Chairman. Is it okay if we move forwar absolutely. Thanks very much . Ill make a brief Opening Statement ts is about censorship, suppression and the 2020 election. A deep dive when it comes t twitter and facebook about the platforms and decisions they make, can we do better . Do we need to do better . The first thing i want to talk about here is health risk associated with social media. The 2018 Research Center survey of nearly 7150, 13 to 17 yearoldsnt 45 online almost constantly. 97 use socia media platforms such as youtube,st facebook or snapchat or instagram. Why are we having thisearing . Shes o companies offer, people like the politics ander u them. They probably more successful in their wildest dream they are having to make decisions that offend people on the left a the right. What we are trying t do is look at section 230 see if it nee to be modified or changed because section 230 basically
Security briefings, and more republicans sound the alarm. It is very important that joe biden have access to the Intelligence Briefings to make sure that he is prepared. The latest on the president elects plans, just ahead. Blastoff. Ignition, liftoff. Spacex makes history yet again. A spectacular nighttime launch to carry four astronauts to the International Space station. Inside, their mission, and why elon musk had to miss his companys crowning moments. Those stories, plus games on. Just this morning the head of the olympics sounding confident about tokyo 2021 during his first trip there during the pandemic. Whats being planned to keep athletes safe and get fans in the stands. And a wild weekend in the nfl from a sunday night upset in torrential rain. In he goes for the touchdown to one of the longest touchdowns in nfl history. Jones, ronald jones, 98yard touchdown to this miraculous gamewinning hail mary. It is caught the plays that still have people talking today, monday, november
Up 67 from its march low after what was a run the new high. You have sales force, youve got apple, microsoft some of the tech titans all under pressure thank you very much i like the fnew angle on the house. We have the market angles as well rick is looking at the bond market where its rebounding bob, lets start with you. Remember, we could go either way right now. Remember yesterday look at the s p. Around 11 00 we bottomed what we have is a good example of of shooting the last eight trading sessions for tesla, 400 eight days ago it goaes to 500 and back to 400 thats a complete round trip and overshoot on the downside as i mentioned before same thing with nvidia it was 500 five or six trading sessions ago goes to 580 and back down to 500 and below that. You can overshoot on the downside theres the s p there. You tend to overshoot on the downside as for the megacaps, a little perspective of whats going on its true that microsoft was down 7 to 8 this week its up 33 for the year this is
Record highs that has the nasdaq setting a record as well better than expected home sales in the u. S strong activity numbers out of europe as well uk, australia to name but a few. Were up, sarah, nearly 1 on the s p 500. Ahead on todays show, a big first on cnbc interview with howard marks fresh off his latest memo. He said the odds are not in investors favor and whether he sees any opportunities right now in the market plushgs connecticut has certainly seen an encouraging dropoff in coronavirus numbers of late. Well ask governor lamont about his advice for states like florida, arizona and texas that are seeing their cases swell and how hes trying to keep those cases out of his state lets focus in on the big stories were watching mike santoli tracking todays rally. Meg terrell has the highlights from Anthony Faucis congressional testimony and phil lebeau is covering another volatile session with the Airlines Start us off with the Broader Market on the three month anniversary of the ma
Instagram. Shares of facebook plunging on friday. The stocks opening up dismally today but then leveling out and ended the day up 2 . Discuss, earlyto facebook investor and elevation orders cofounder, and also the. Thor of the book, zucked this seems different. I dont recall any time that so many major brands all at once joined a boycott against facebook on the grounds of civil rights. Would you say this is different as well . Definitely. Is part andthis parcel. Think about how different the world is today from three months ago. First, the pandemic, then the economic decline that went with it, then since the murder of george floyd, we have an awakening on issues of racism and civil rights that i believe have affected every part of the American Economy and our society. Emily so, why now . Abigail again, roger again, i think if you think about this from the perspective of an investor or advertiser, facebook gave the ability for the advertiser to reach audiences with a level of precision