We will hear from the head of west coast listings jeff thompson. Lucids desert oasis just finished a listing in san francisco. We will get a picture of supply and demand with first, u. S. Stocks started the month off by hitting records on stimulus talks and covert progress. Salesforce says it will proceed with plans to buy lack for 7. 7 billion to buy slack for 7. 7 billion. Slack prices up, salesforce had dropped. What do we see after hours . Abigail both shares are down. The idea that salesforce. Com would buy slack, now lo and behold, that is happening. As you mentioned, 27 point 7 billion in cash and stock. Some are wondering about the cash piece. Salesforce. Com does have a lot of cash, so using it here for this deal, and i think the bigger thing to take a look at is the fact that salesforce. Coms Ceo Marc Benioff has made more than 60 acquisitions, as you know, in his 21 years, making salesforce. Com the conglomerate of all these different pieces. Now they have this Communication
Had yesterday. Heres a live shot of alcatraz was San Francisco behind it to just a little bit that was behaves there do want point out a little bit up north you might get a stray shower potentially were talking north of Sonoma County. Getting up there. It may drift a little bit to the south you might see some scattered clouds throughout the day but basically want to go with mostly sunny for much of the geography. Chilly 30s up there in the north bay again this morning, although not quite as bad as yesterday 35 up there to napa 36 santa rosa, 37 in 40s fell out much of the rest of the geography of the 37 Half Moon Bay at 11 00am were at 6068 by 2 oclock coming up a little bit were time out what you can expect into early next week marty sounds good dave get to the news this morning. We have the latest for you on the coronavirus pandemic that continues to surge across the country over the past week, the virus has claimed the lives of more than 1000 people a day. The u. S. Has recorded its
Rose. Microsoft saw a better First Quarter revenue, helped by demand for Cloud Services as more people work remotely. Sales through september topping 37 billion. Melbourne, the merge from a melbourne emerges from a strict lockdown. Ours and restaurants are reopening, even home visits are allowed. Shery lets get you started with a check of the markets. U. S. Futures opening lower, down. 4 . This after stocks fell to a three week low in the regular session. We had cyclical stocks taking the brunt as virus cases continued to climb globally. We have the nasdaq composite pulling back of yesterdays losses on the deal around amd. Durable goods orders coming in better than expected. Lets see how things are shaping up for the asian markets. Here is Sophie Kamaruddin in hong kong. Sophie we are seeing losses continue here in asia. Chip stocks very much a focus after amds deal to buy. Earnings. We have results from sony, zte, as well as budweiser asia to name a few. And a straley or, we have had
Directer ray gina haspel on the hook. They may be the first to go after the election. Hear what i asked house chief of staff and how mark meadows answered the question. Decline at start of trading. Dow industrialing down 273 points. Nasdaq down 100 rand s p lower by 33. This all 3 majors, this after 3 major indices posted losses last week over stimulus cases and rise in covid cases. As you can see market town this morning. Plan nor arizona and discussion over fracking, all coming up. Special day, join us from 8 00 a. M. Hour where we will go with fox friends on Sister Network and i will preview my books which will be heading bookstores tomorrow. Hope you will join us. Dont miss a moment of it. Mornings with maria is live right now. Maria your intent markets this morning are lower, take a look, italy and france among the countries imposing new lockdown orders over surge of coronavirus cases. Cac quarante down 32 and dax index in germany lower by 282 points, better than 2 lower right no.
Mean in your minutes im going. To talk what im going to miss you know what im what what im working mostly dont know what is it that im. Going to leave because i see its a serious are going on i will only say it but i caught it going on where theyre being funded. A rocky road to recovery and the International Monetary fund warned phelps to hire an african country to expect hardship government caracal with both a health and an economic crisis well talk to the i. M. F. The african director. Also coming up keep africa green environmentalists in kenya are furious the report thank Us Oil Industry is lobbying trade negotiators to expect america clock ticks waved. Thanks for joining me. African economies can expect to face think mythic and hardship as they embark on a recovery from the coronavirus that the warning from the International Monetary fund latest regional report 1st of her in africa countries in the region are expected to be a 3 percent contraction in Economic Activity if here the w