Make up your job. Made for mines. Joe biden introduces his economic team. The president elect says, help is on the way as he nominates janet yellen delete the u. S. Treasury. So what do the pics tell us about bidens approach . Also coming up, the e. U. Has a flashy new campaign for its cloud infrastructure. But can guy x. Live up to the hype in the tech world, dominated by the u. S. And china . And say good bye bye to breaks your next house could be coming out of a different places. Do you do your business and robots in berlin . Welcome to the program. U. S. President elect joe biden has set out the top team he hopes will help guide the u. S. Economy through the economic recovery, saying he chosen a tested and experienced group of advisors. Among them is janet yellen, who becomes the 1st woman to hold the post of treasury secretary accepting the nomination. The former Federal Reserve chair painted a gloomy picture of the pandemics effect on the u. S. Law. It was Small Business struggli
Dus good Tuesday Morning i spoke with aws ceo exclusively last night covering a wide range of topics. Youll hear about all hour including Data Warehousing and the emergence of snowflake in that space which by the way runs on aws heres what jasy said about whether there is room enough for snowflake and aws sorry, snowflake competitor from aws red shift in the market. I think its unquestionable that theres room for both snowflake and red shift to be very successful and grow to be very, you know, a lot larger than both of them are today. We launched redshift back in 2012 and it was the first Data Warehouse built for the cloud and continues to be the largest Data Warehouse in the cloud. And, you know, snowflake built a Data Warehousing offering as well that is also strong offering and largely runs on top of aws we work just as hard for snowflake in trying to make it easy for people to use redshift. From our perspective, if customers want to run on snowflake for their Data Warehouse on top
I mean for the last time German Police have now confirmed that 5 people have been killed after a car plowed through a process train zone in the western city of tia. And 9 month old baby is among the dead. Several other people are seriously injured. The driver, a local man is in custody. A police havent yet been able to say what prompted him to carry out the attack. Investigators are hard at work. Im acting halfords. Earlier the suspects vehicle was taken away. True, here is a city in shock. That hastened our sorts are with the victims next of kin who have to mourn the death of a loved one. People whose lives were extinguished from one second to the next by such a heinous crime. Among them as a baby, a truly horrific thought. The parents would have to mourn the death of their child. Its just terrible. As i thought, besides the child police say 4 others were killed when the 51 year old local man drove an s. U. V. For around one kilometer through the center of tree or hitting people at ra
Welcome to squawk alley. The at Home Technology story continues to deliver big you can see there sonos up 26 this morning after strong earnings want to talk to the ceo in a minute and nvidia also delivered solid results on pc and Data Center Demand beating on both earnings and revenue. Sales up 57 from the same period last year though its lower this morning on modest guidance second biggest gainer on the s p 500 year to date though. Julia, its really interesting how, you know, stay at home stocks maybe suffering a bit but some of the Underlying Technology driving some of that action doing quite well well, jon, one stay at home stock that is not suffering today is roku. That stock up over 6 . Driven in part by the circulation of reports saying that roku could be near a deal with at t to have an agreement for hbo max to be included on roku which would be a big deal and speaking of hbo max, i have to mention that news that wonder woman 1984, the big wonder woman sequel that was scheduled
The nasdaq up by about 120 yesterday was a down day for the markets. The dow off by about 270 points. But if you want to take a look at november hes historic gain, check this out, the dow actually up by 1. 8 for the month, that is its best month since january of 1987. The s p no slouch either it gained about 11 while the nasdaq was up nearly 12 november by the way was the best month for all of those indexes since april which was a huge month. Also small cap stocks were some big winners. The russell 2000 finished the month up more than 18 , 245ethas right, 18 in one month, the best month since that index was created back in 1984 so here we are heading into december and year to date, the nasdaq is the superstar, up nearly 36 the s p 500 is up by 12 and the russell 2000 up by 9 . The dow up by 3. 9 so fantastic november for all of these indices. Nasdaq leading the way in terms of year to date. Joe. Yep, coincident with the surge. Go figure. The second surge are you sure it is never too ea