Is live. Pump up the jam good friday morning welcome to squawk alley. Markets still in the green pinning hopes to stimulus talks. Were watching headlines best week so far this morning, jon, in two months for the dow yeah. And in tech this morning, carl, hey, weve called it out here on squawk alley before. Today amd eyeing xilynks amd is a 100 million market cap down 3 on a 30 billion deal. Investors are giving this blessing a few different trends here. A hot of Tech Companies have richly valued stock to play with there is pressure to answer and three u. S. Restrictions are hurt something chip makers like xilinks and theres no end to that in site good morning, guys pat, are you surprised not a the hoff overlap here. So in that sense, maybe this deal isnt at risk but, hey, not a lot of overlap here. So maybe this is risky the. Yeah. The so as you said before, amd needs to grow. When i look at valuation, im sure stacy will will weigh in on this, it had to do something organic growth isnt
The last few moments on this headline from larry kudlow, the president s top economic adviser saying that the president now wants to do a deal on stimulus lets go to washington and get filled in a little more. Scott, the president tweeted on the state of the discussions over another Coronavirus Relief package. He said that the negotiations are moving along he encourages the negotiators to go big this as you mentioned white house economic adviser larry kudlow saying that there has been a plan that president signed off on. It is relatively broad based now what we know is that House Speaker nancy pelosi and the treasury secretary are supposed to talk again sometime this afternoon. They had been in almost Constant Contact almost daily contact and we know that president said he is willing to go beyond ppp, direct checks and aid to the air Monica Lewinsky and do something bigger exactly how big . Thats what the negotiators will be talking about, im sure, during the phone call later on today.
Go Halftime Report starts right now. Welcome good to have you with us on this thursday our Investment Committee today, josh brown, john ageri, Jenny Harrington we begin the markets where all eyes are on the white house. That meeting on trade with those new tariffs looming. Watching it all. The latest, including the president ial tweet sending stocks surging the best gains since october u. S. Negotiators have offered to cancel the december 15 tariffs and cut existing tariffs on 360 billion in chinese goods in half. Thats according to two people close to talks my sources offer a couple caveats on the offer reported this morning by the wall street journal. It was made to the chinese last week clearly, a lot of time in between then and now second, talks have been taking place at the deputy level, with the ambassador absorbed by developments on usmca. Lighthizer will brief republican senators on that deal at a lunch meeting today on capitol hill. President trump appears ebullient saying the