Case as soon as today. Preparing for a flood of sanctions. The Trump Administration preparing a new wave of actions against iran in the leadup to a joe biden presidency helima croft is here to weigh in. Theres no stock like your own stock. What Warren Buffett and the folks at Berkshire Hathaway have been at in the past three weeks. This is Worldwide Exchange right here on cnbc im back, back in the new york well, good morning, good afternoon and good evening im Brian Sullivan im happy to be back in a new york mood. And good to be with you after our epic twoweek election road trip theres so much to get to on this monday morning. You have a new week, a new president elect and the possibility of new policies that could impact the markets and your money certainly so much going on lets jump right into it on this monday futures are surging. Dow futures up 375 the election, after all that, pretty much turning out exactly as most on wall street had predicted and planned for. And positioned for
Thispast summer in their arguments. Will you then respond to Maxine Waters with a number of other Democrat Officials not speaking out against the antifa and otherextremist rallies over the last summer . I think, you can count on that. The my if my eyes look a little red to the viewers, its because i have been looking at a lot of video, the last several days. Plus, congresswoman Marjorie Taylor greene says shes been freed to push the Republican Party further to the right. This, amid growing divisions within the gop. Exactly one month, after the Capitol Insurrection, the New York Times releasing a breakdown of who has been arrested. Including, at least 22 current members or former members of the military. And health officials, warning super bowl watch parties could spark a coronavirus explosion. Even worse than holiday gatherings. Good, saturday morning. Happy to be with you. Im lindsey reiser. And im kendis gibson. We have a big hour ahead for you. We have a team of correspondents and a
Thanks to pfizer well have a vaccine by the end of First Quarter that news sent the market soaring. The dow is only surging 830 points that tech heavy nasdaq, the demand of so many stocks that did well under covid19 tyranny lost in an astounding 1. 53 . What a bifurcation it is also the time. We are in the middle of a spike of infections. New cases are exploding over the country, over 100,000 a day and even the weekend we are much treating it in the spring that only matters if we have enough hospital beds a lot of people are having cavalier attitude. Hey, you are fine unless you are old. Well, guess what, a lot of us are old. The sense is understood and respected. When you have more than 100,000 new infections everyday, you are looking at a lot of fatalities we need this the truth is we tried to fight the pandemic state by state. That failed. Europeans are failing too, i know, asia is doing great. If we were serious of Contact Tracing and social distancing and wearing masks, we may be
President and his refusal to concede. Calls for justice growing following the death of 15yearold Quawan Charles, the mystery surrounding his death and what his family is saying about the preliminary autopsy report. Hurricane iota rapidly intensifying. The catastrophic rainfall forecast for a region just hit hard by hurricane eta earlier this month. Our weather team tracking the storm. And ready for launch. The Spacex Crew Dragon Team making final preps for their historic mission. The experiments on board they hope will lead to medical breakthroughs and the vips Just Announced for the liftoff. Good morning. This morning there is basically no part of this country not feeling the surge of this pandemic. Cases are going up in almost every state. In 47 states, plus d. C. , puerto rico and guam cases are higher and staying high. The death toll in this country now surpassing 245,000 people with cases nearing 11 million. Thats according to Johns Hopkins university. This week the biggest Public
Begin with the oracle of omaha well start with the trimming of apple shares hes got more than 900 million we totally get it. Its not like buffetts bailing on apple in any way. It did sell about 36 million shares what is this, do you think is it simply Portfolio Management i think thats exactly right, scott. Its Portfolio Management. Apple being one of the most liquid stocks in the world on any market he could have sold a lot more than that if he had wanted to. So this is just, look, the stocks had a great run, hes pairing back a little bit, got a lot of cash. What i found kind of surprising is that with that much cash, actually not surprising but confirming on the value of the market is that he really hasnt made any big acquisitions. Hes only said hell only buy his stock if he cant find anything else to buy they scooped up 9 billion of their stock in the last quarter. They continue to buy back a lot of stock i do wonder even at the margins, ty any, if this is in any way a statement tha