Good thursday morning. Welcome to squawk alley. Im jon fortt with carl quintanilla. It is cloud week on squawk alley. If you were betting against snowflake, wur oyoure out in t cold this morning. That stock up is 12 same for Cloud Security and authentication specialist okta were going to talk to the ceo to see if this thing may stabilize from here or go higher splunk, that is the sound of a cloud stock dropping 22 after missing Sales Guidance for the third quarterer in quarter in a row. All this happening as amazons cloud conference is in full swing. Salesforce announced the second Biggest Software acquisition ever and we started the week on squawk alley talking to ibm president Jim Whitehurst who came to big blue in what and is still thelargest Software Acquisition ever redhat driven by a hybrid cloud. Julia, investors are betting on further growth from already heady levels we can certainly see that in what is happening with snowflake this morning it is reapproaching the highs that so
Joe biden got through all 90 minutes without a gaffe or no senior moment and enough energy to say to the president overshot up man. He called him a racist, a liar and the worst american president ever. Mr. Trump came on strong, perhaps too strong, he may have brought sympathy after he attacked his sons drug use. Key issues were lost in the fight, biden were not answer questions about packing the Supreme Court, he was wrong about the economy under President Trump, he tried to walk away from the green new deal, i wouldve liked to heard more about that, the president would not condemn white supremacist and did not fully answer questions about healthcare. My opinion, nobody one, voters who wanted a fight lost. Right after the debate stocks sold off, features showed a 300point loss for the dow but it has come back, perhaps because a lot more talk about a new stimulus plan and a good jobs report from adp, we are looking at a 50point loss for the dow, Minor Leagues loss for the s p and the na
But you were talking about the dow being in positive territory for the First Time Since september 2nd. Stocks in china reopened after a week long Public Holiday they both jumped by more than 2 the shanghai composite was up by 2. 6 lets take a look at where things stand right now in europe where there is some trading taking place you can see the markets are open there and theres a bit of a mixed picture. Its actually a little bit higher ftse 100 is right around the flat line, andrew. Hey, becky. Weve got so much going on this morning. Weve got this is squawk planner, two major tech events first amazon sales day it begins after it was postponed, if you remember, back in july. Now running two days, starting at midnight tonight eastern time so watch out for that. Ive already scheduled it and then Apple Holding the big event tomorrow the launch event expected to unveil the new iphone. Everybody looking for the new 5g iphone it will include the first major exterior redesign since 2017 and we
The following is neither a hoax nor a conspiracy do not adjust your computer telephone tablet or television we will be controlling all that you seen and hear and maybe even what you think so sit back relax and enjoy the world of Cognitive Biases. In less than 20 years the internet revolution has had a deep impact on Human Behavior of an all of a media so that today it even affects the way we think. Imagined and invented stories and even outright lives have become prominent in our media landscape how could this be. What underpins the popularity. Why is it that weve come to down to expert testimony. Or. Could it be that our brains are predisposed towards compelling nonsense. When the World Wide Web was invented in the 1990 s. It was imagined as a democratic space that would provide everyone direct access to all of Human Knowledge yet today it seems knowledge is being eclipsed by conviction and we are all it risk of being dragged down into a democracy of the gullible. Usual greece agrees
The following is neither a hoax nor a conspiracy do not adjust your computer telephone tablet or television we will be controlling all let you seen and hear and maybe even what you think so sit back relax and enjoy the world of Cognitive Biases. And less than 20 years the internet revolution has had a deep impact on Human Behavior than all other media so that today it even affects the way we think. Imagined and invented stories and even outright lives have become prominent in our media landscape how could this be. What underpins that popularity. Why is it that way for. Come to down to expert testimony. Could it be that our brains are predisposed towards compelling nonsense. When the World Wide Web was invented in the 1990 s. It was imagined as a democratic space that would provide everyone direct access to all of Human Knowledge yet today it seems knowledge is being eclipsed by conviction and we are all at risk of being dragged down into a democracy of the gullible. Poor usual greece e