Ecommerce the big baba breakout. We start off with the end of an era. Exxonmobil getting booted from the dow after nearly 100 years in the index exxons tenure as the longest serving dow component comes to an end on monday when salesforce takes its place. Exxons removal from the dow is nothing less than a remarkable sign of the times. Just seven yearsago it was the largest publicly traded company in the United States since then, shares have been on a steady decline exxon is down more than 40 in 2020, on pace for its worst year ever so is exxons removal from the dow a sign that big oil is dead money . Guy adami . I think so. Its something weve been saying for a while. I think they finally came to the realization that the worlds changed. Energy is not nearly as on the to the u. S. Economy as it was a decade or so ago i guess we have to make a choice between chevron and exxon. For whatever reason, im sure they obviously have their reasons, they picked exxon to remove i think exxons been in
Happened yet . In writing about what we can write about. Im not writing as they unfold or this step or that government not at that level at all. But i am standing back to say why a pandemic and why now . I could do that very quickly i have been writing about this we have been saying this will happen these are the viruses we need to worry about and what we need to do. Its already so obvious those predictions were right on and didnt do what we needed to do so this was the moment to repeat all that stuff at a time when people cant really understand and it really makes sense to them so the message comes home to the right people. And that point of the past warning of a pandemic came through strongly. And political leaders overlooked opportunities presented previously for preparedness. One quotation was a lightning that rich countries do not prevent those that cause in the first place. That thinks about colonial time. A lot of the way it is postcolonial the way it is managed. But it is a dee
Community pushed back. Call this a red carpet alert the first one in months as movie theaters continue to reopen. And later, more than 800 return on a 400,000 investment it has nothing to do with the stock marketment all of that ahead on this monday, august 24th and this is Worldwide Exchange right here on cnbc. We are ready to play. Brian sullivan good to see you on this very busy monday morning. Thanks for joining us. Theyre setting up their day and their week and they are setting it up strong or on that big graphic right in front of your face stock futures are solidly higher dow futures up 215 points right now. Overall you know the headlines they say stocks keep going up. Thats only half true. Big cap tech keeps going up. The only sector to close those stocks as we well know by now are so big look no further than apple apple ending last week up 8 taking it along for the ride but the majority of the market is actually going down last week but when you got the biggest of the big going
Thank you so much for being here Debora Mackenzie its really an honor. I was really delighted to read your book. Is the first book ive ever written. Amazing, its also been challenging to create an account of a pandemic while his ongoing, can you tell me about that process. I understand why it has not happened yet, i am writing about the things we can write about now, i deliberately took a step back and i am not writing about things untold and about government, im not talking on that level auto i suppose it will be acquitted by that, im standing by and saying why now and thats something i could do really quickly. I like many other people have been writing a book for a few years and weve been saying this is going to happen, these are the viruses we need to worry about this is what we need to do, is already so obvious that the predictions were right on and we have not done a lot of the things that we needed to do, this is kind of the moment to repeat all of that stuff at a time when peopl
Us. Im eric thomas. The scu complex is now the histthe czu complex and these fires have burned nearly here a wildfires burning in the state, many of them sparked by lightning. At least 965 structures have been destroyed, many of them are homes. Heres a quick look at where these fires are located. Te lnu complex is in the north bay primarily in napa and sonoma counties. The scu complex goes into santa clara, alameda and contra costa counties, and theres the czu in santa cruz and san mateo counties. The big concern for firefighters now, a red flag warning and the chance of more lightning tomorrow. Some communities arent taking any chances because of the weather the Alameda County sheriff today issued an evacuation warning for some unincorporated parts of the county. Where there are few exit routes. Abc 7 news meteorologist drew tuma is here now with more on the red flag conditions. Drew . We are tracking the threat of not only thunderstorms with lightning thunderstorm but gusty winds. Tw