Demand under continued pandemic pressure s p global has reportedly put 44 billion on the table to buy londonbased ihs markets and tie up the data giants and mark the largest deal of the year shares jump after the german chip maker confirms advance take over talks with taiwans globwas it could create a leader in the Global Semiconductor space well, good morning, everybody. Welcome to street signs and happy monday it is the start of a new trading week, a week of new possibilities. But before we get into the show, i just want to take you to our main story thats hit overnight, and that is to do with china so, beijing has said that it hopes the u. S. Will not build barriers to cooperation. That was in response to a report that the Trump Administration is preparing to blacklist top chinese chip maker smic and oil major chinook. Washington will restrict access to customers by adding two companies to its list of firms owned or controlled by the Chinese Military according to reuters. Cnooc said
Offerings. Sta instacart delivers from sephora and best buy and ewinger eats. So will they be overwhelmed or perfectly positioned i think this is the big question everyone swondering as is wondee ecommerce take a big jump door dash had a face plant weechlt talk abo well talk about that i want to point out our own Melissa Repco on cnbc. Com has a great piece about exactly this brick mortar issue doorbesters not really happening this year. The retailers dont want you busting down the doors they want you staying at home and ordering and theyre putting incentives in that direction all right. Moving on for now. Astrazeneca, the latest pharma giant out with positive vaccine news maybe some of the vaccines will help to get to be door busters. After the citizen kashgs the Third Company to come out with the efficacy results these are a little more mixed when you compare them with the others lets take a look. The reason theyre mixed is because they had two different dosing regimens. One of them
Plus, the congressional hotseat next week. What the text ceos will face in the line of fire. A halfmising to deliver billion cars this year from tesla. As they rev up the next chapter. Tech earnings continue with intel reporting after the bell, a lackluster report for the comely. Shares are down. Abigail doolittle joining us now with more on todays market action. Give us the highlights. Abigail you were mentioning lackluster are not very exciting , they missed in a big way. The stock down about 10 in after hours, plus the forecast not so great. Interestingly, usually when this the stock is already down 10 on the year so really not a great quarter. The stock is getting hit more so after hours. ,here we have some strength at t beat top and bottom line estimates. The wireless business is strong. 8. 6 million active users, a fraction of netflix and disney. You see netflix still down after their disappointing quarter. , theiris riding high competition having a little bit of a tough time. So
Underscoring japans relationship with the asean relationship and boosting ties with the two indopacific cntris. Translator at the two summits we created japans wish to create a peaceful and prosperous future in the region together with asean nations. We agreed to deepen cooperation toward that goal. Strengthening the japanasean partnership will lead to Economic Prosperity and will become a cornerstone of a free and open indopacific. Suga stressed that japan opposes activities that endanger security in the south china sea, urging involved parties to follow the rule of law. The comments are in apparent reference to chinas increasing maritime activities in the region. Beijing and other asean countries, including vietnam, have competing territorial claims. The Prime Minister also said japan will work with vietnam and indonesia to revitalize all three economies in the wake of the coronavirus pandemic. Translator with vietnam, we agreed to resume regular flights connecting the two countries
The company indeed, is launching a virtual hiring tour. If anyone you know is having trouble finding a job, you stay tuned for this. Ceo chris hyams will sus that and much, much more. President trump is departing nevada to california. He is expecting to meet California Governor Gavin Newsom to survey the horrible damage taking place with some of the fires near sacramento. Fox busiest Edward Lawrence at the white house with the latest on all of this. Reporter david, the president leaves in the next hour. He will talk with fema to get an update as well as California Governor Gavin Newsom have been at odds. But the president steps when it relates to a Natural Disaster inside of california. Exactly what he will do today here. The white house says the president will receive briefings what is exactly happening with the fires, recognize the California National guard as well. Now this is part of a west coast swing that also had the president campaigning over the weekend out west. The president