Stimulus watch and of course, palantir, we are awaiting the opening trade set to begin really at any moment. Alex karp, the ceo will join us right here on cnbc immediately following the first trade, jon as we said, its been a long road a lot of filings. A lot to read about the company, voting structure, privacy, you name it. And the Business Model at large. Yeah. And its another big, big ipo but very different from snow flake, which we saw which has a ton of customers, large and small and kind of this very broad play on data in the cloud. This is a company thats dealing with big data and has just a few really huge customers, carl. And thats where well start this morning, jon. Josh lipton has more on what to expect once the first trade happens. Hey, josh. Carl, a master of creativity. That is how Ceo Alex Karp describes his company, palantir. A data miner, its software ahows customers to integrate volumes of data into a central platform where it can then be securely analyzed and interpr
Okay. Agenda item number 1, call to order. To call the roll call. Clerk agenda item number number 2. President stephen follansbee. Present. Clerk Vice President chris canning . Clerk present. Commissioner Karen Breslin. Present. Clerk commissioner mary hao. Present. Clerk supervisor dean preston. Present. Clerk commissioner claire zvanski. Present. Clerk and commissioner randy scott is absent. President follansbee, we have a quorum. Okay. Can we call the next item agenda, number 3. Clerk agenda item number 3, approval with possible modifications of the minutes set forth in the august 13th, 2020. Is there any discussion on this item . At the corrections or modifications from the board . Ill make a motion to approve the minutes, as presented. Second. Okay. I think we have an opportunity for Public Comment at this point. Clerk okay. The moderator will be opening up the phone lines. The slide presented gives information on the Public Comment callin number, which is 408 4189388, access code
Agenda, number 3. Clerk agenda item number 3, approval with possible modifications of the minutes set forth in the august 13th, 2020. Is there any discussion on this item . At the corrections or modifications from the board . Ill make a motion to approve the minutes, as presented. Second. Okay. I think we have an opportunity for Public Comment at this point. Clerk okay. The moderator will be opening up the phone lines. The slide presented gives information on the Public Comment callin number, which is 408 4189388, access code 1467291452. For all attendees, please be aware theres a 30second lag time from our presentation to sfgov tv, at which point we will give 30 seconds for people to catch up. And our moderator will let us know when attend eres and Public Comment is open. Thank you, secretary. If you could please at this time we have two callers on the phone lines. Zero callers have specifically entered the Public Comment queue. A reminder to all callers on the line, please dial star
Under valued it sounds crazy. We had a remarkable blitz up we just came after that brutal sell off all the buyers vanished. Now suddenly were back dow surging 328 points and s p jumping and nasdaq pulled 1. 87 . Why . Why did it happen . Why was so great today because today is merger monday monday used to be the day we always came in and merged and stopped. Guess what its back and bigger than ever so i bought out the merger both. Merger. Merger merger. Yes i havent used the merger both, i dont know, four or five years and its back. All right, all right, all right. Back and bigger than ever. We spent a lot of time trying to figure out what stocks are worth, right the price to earnings. Price to sales and book value. All that stuff we try to do. There is another way to value this business. You look at what another business might be willing to pay for that business and today we got a wave of huge mind numbing deals that suggest there are many real bargains in mna. Merger. Merger merger. L
Halftime report starts right now. Good to have you with us on this friday. Our Investment Committee today. The cio of santo Global Advisers and lindsay bell is back. Lets begin with the markets with stocks rebounding today basically flat for the week. Our focus today on what has been happening on the ipo market. Peloton down again. Endeavor pulls the ipo. Actually quite encouraging, because the Public Markets are being more rational in valuation than the private markets that are just awash with cash and you have the soft bank effect of putting so much money in the companies. Its selffulfilling prophecy. Public markets says this is crazy. Lyft, theyre not going to make money for we dont know when. Uber. Endeavor is well. Theyre saying we dont want to do that. Unfortunately, its impacting some of the higher valuation equities in the u. S. Market. We see you take a stock like roku. Take a look at whats happening to that stock and others. I dont think it means we have a sustainable move in