Good Tuesday Morning welcome to squawk alley. Im Carl Quintanilla with jon fortt and we had losses at the open but were close to session lows. Dow is down. 3 . S p 500 below 3400 the name of the game, jon, q3 earnings really no stimulus headlines to speak of were watching covid19 levels mega cap, m a in the chip space. You know what im talking about. Absolutely. We telegraphed it here it s were going to begin with amd and that 35 billion planned acquisition of xilinx. Its the boldest bet in a remarkable run by amds chief executive officer dr. Lisa su taking over almost exactly six years ago in october 2014. Sue has taken shares of amd from 3 to, what, 79 as of this morning. More than 2,000 rise. Todays deal is another challenge to intel its a push for market share in data centers and just the latest move by sue to turn amd from an also ran into a leader. Hopefully you have got to know me a little bit im all about focus and execution. You know, what we set out the plans for amd over the
Im steve clemons, editor at large of the hill thank you for joining us for covid19 and a responsible rx supply chain, looking at the resiliency of the Prescription Drug supply chain during a global pandemic. Id like to thank the distribution alliance. The coronavirus pandemic has upended our lives and forced the new normal upon us. While accommodations can be made for our lifestyle choices theres little legibility when it comes to our health care. For those most at riskexaccess to regular medication isnt a choice and in some cases its a matter of life and death. Both the Healthcare System and patience have changed their behaviors. As a consequence concerns have arisen regarding drug availability and shortages. What are stakeholders doing o to ensure that disruptions do not occur and there is collaboration between the public and private sectors and what plans are being put in place for distribution of this vaccine once it becomes available . We discuss all of this with some of the smart
Giuliani. The dow industrials up 71 points and the s p 500 up 20 points. Higher for the week. A full Market Analysis coming up this morning as you can see, from ids close at the dow industrials down 134 points, mornings with maria is live right now. European markets this morning are higher, take a look, green across the board in europe, cac quarante up 37 and dax by 83, german economic minister proposing no tax increases during the pandemic. In asia overnight markets were broadly higher, take a look here with asian markets up on average better than 1 , china was closed for a holiday. Top stories that we are watching this morning, President Trump could return to the white house as early as today as doctors tout his recovery from covid19. Doctor Walking Around the white house medical unit without limitation or disability. Our continued monitoring of his cardiac, liver and kidney function demonstrates continued normal findings or improving findings. Maria the president giving an update to
Thats still a threat a new stimulus plan high seed out still but maybe this is a buy on the dip day for big tech. The big five are off to a good start, you will see it all in a moment, plenty of green on the screen this morning, the debate joe biden says the president is not smart and he does not know much about Foreign Policy or domestic policy and he will come out swinging in the debate tomorrow night. The president wants biden to take a drug test before the debate and hes asking where is hunter biden, 36 hours ago, get separate tv ratings record, judge barrett facing harsh personal criticism, democrat activists are calling her a white colonizer for adapting to haitian children in senator feinsteins attack on her catholicism keeps popping up all over the place. Judge barrett starts makin meetg tomorrow and several refused to meet her including senator schumer, the hearings can begin in two weeks around october the 12th getting close, what a day and what a week, jobs day friday and Va
Im thrilled to be back at the jupiter inlet. Its a great state, the state of florida. Sit down, everybody. Sunshine state is truly one of the most beautiful places on earth. I love it and we will together preserve its breathtaking natural splendor for generations to come. We are here today to celebrate our incredible record of natural comps conservation. I have been working with your governors. Your current governors fantastic and weve been working very hard. Weve been working hard to make sure everything is perfect. Andrew wheeler, thank you. And Governor Ron Desantis who ran a great campaign, hes a great governor. What a great job he did. We will let you know on november 3 if he did a great job. I want to introduce Lieutenant Governor Jeanette Nunez who is such a fantastic friend and supporter, thank you very much. One of the great attorney generals anywhere in the country, ashley moody, thank you very much. Cfo, jimmy, thank you. Man who everybody loves, hes highly respected in wash