Welcome to squawk box. Im Andrew Ross Sorkin along with joe and melissa lee, becky is off the s p looking to open about 12 points higher. Well explain why some of this is happening and lets show you treasury yields as well the ten year note right now looking at 0. 931 . But maybe a little bit of an explanation coming up here, melissa . Yeah, some optimism Mitch Mcconnell said that compromised deal was within reach and well get a live report from washington at 6 30 a. M. And we heard it before, but it seems like btoth sides are comig a little closer. On a much lower number. And im just thinking about, i dont know, andrew, what did we do to deserve this i mean we are living right or i mean, who ushered in the new week on squawk box on monday who is helping us usher out the week that was on squawk box . A monday and a friday. Is this46 w was this planne melissa, what did we do to deserve this not wouldby not by me how long has it been, stimulus vaccine i guess the election, although we do
Firmly in the red here nasdaq is up 104 . Up 3 this week alone. Only tuesday coming up on todays show kraft is trading higher. Of they outline two billion in cost cuts and selling off part of the cheese business not all of the cheese business and some confusion as to which cheeses go and which stay. Well find out why the companys president about those moves will join us to discuss whether lack of fresh stimulus can impact and speaking of stimulus, former treasury secretary jack lew will join us and his article calling for more than 2 trillion in government spending. We begin with breaking news on apple. It is much anticipated event unveiling a new number of products we have the latest josh so a lot of news in that 60 minutes of apples show today. Start with the new hardware. That new ipad air. It is going to start at 599 available next month 10. 9 inch display with a huge boost in performance we know the ipad is a hardware line clearly benefitting from that work from home trend apple w
That they short. This is a startling development in a battle that has taken it to washington as both sides are preparing to meet the politicians who have it out to regulate wall street. Welcome, everybody. Im neil cavuto. This is your world. And in case those big hedge funds were looking for trouble, well, they found it for themselves. Because theyre going to put up quite a stink, quite a fight that theyre no ones tool, capitalist or otherwise. Charlie gasparino has more. Whats happening here . Neil, the speculation in these stocks has farranging implications. The markets are going nuts. The stocks are up and town. Gamestop is down dramatically. Somehow the focus get on hedge funds following comments by massachusetts senator Elizabeth Warren who thought this was a good time to crack down on hedge funds. She seems to have some support in congress, and some republicans. The Hedge Fund Business is fighting back. Theyre worried about restrict Tiff Measures from congress that curtails what
Especially with the way that people move around the city there a lack of scooters in certain areas so i think as long as its regulated properly and you know. The more scooters the it sit with you know its as long as people are careful right and that. As you can see im obviously having a fun time on the scooter its a great way to get from point a to b. Everyone agrees that there should be more of them. I think doubles probably too many. But i feel like this is about and theres enough now. Soon youll see about 85 scooters per square mile of the city. Now that the sfmta is extending the permit program from 2 Companies Just for companies that includes a scoot spin lime and jot. But the best beer wind the program will allow up to 4,000 scooters and will also be extending to neighborhoods like they view excelsior in richmond and er that no more than 40 of any scooter fleet would be allowed in the downtown or south of market neighborhood for some the most heaviest foot traffic is day to day.
For instant reaction gene munster is standing by for us, you can see him on his red iphone listening to those calls. We start off with tech nirvana, alphabet, amazon, microsoft, jumping on the after hours some impressive moves for stocks that have had huge runs this year do you just keep betting on tech pete yes and its easy to me because of the fact that we went into this and talked about the fundamentals if you listen to the Earnings Calls almost across the board, everybody has incredible growth. Im mostly focused on microsoft, i have a large position. I also have something on intel those are the two i care about the most when i look at microsoft and i see the commercial cloud and the growth theyve got there, this is something that Satya Nadella put out there the day he came on board and hes executed every quarter. The fact that that stock is making new highs is not shocking theres plenty of room to the upside this could have been reason to sell, just sell the news. In terms of what