Good thursday morning. Welcome to squawk alley. With Morgan Brennan and jon fortt at the New York Stock Exchange we watch the markets being whipped by some of the trade headlines. We also have two big ipos in focus today as well. We await the first trade of smile direct club. Lets bring in bob pisani to talk about that and overall iep landscape. We heard valuation is not there, does this mean the ipo market is overrated. Slack, first earnings report, growth wasnt as strong as people thought, not a good idea, growth is not as strong. Some software companies, now theres jitteriness. This week we had three big names, all being upsized waiting for smile direct to open 19 to 22 pricing at 23 looks like and ten x genomics. Upped it to 38 it opened at 54 talking little more than a week ago, 31 to 35. We open at 55 a gene sequencing company, biotech is a hot space overall we wait tomorrow for cloud fair. Another software company, out there, Website Security and other things, was 10 to 12, 35 m
Fernando hello. Im fernando espuelas. Welcome to matter of fact. In the wake of the mass shooting in orlando, florida, we are forced to ask have americas leaders let us down . The slaughter of an overwhelming number of people at an lgbt nightclub in orlando reveals our nations strategic weakness, the seeming lack of capacity to keep us safe from attacks by so called lone wolf terrorists. Despite his 911 call, pledging allegiance to isis, the shooters rampage appears to be an individual act with complicated motives Nadia Oweidat is entrenched in the battle to defeat the root causes of islamic extremism. Doctor, welcome to the program. Ms. Oweidat thank you. Fernando so this is almost a philosophical question but with very Practical Applications how do we fight an idea like radical islamic violence . Ms. Oweidat you can only fight an idea with an idea. You cannot kill an idea with weapons, with drones, essentially its about persuasion. So a lot of young people, the middle east where it o
A machine recount for the senate and governors races. Counties have until noon today to submit their returns. Florida, of course, the center of attention right now, as it the races for governor and u. S. Senate are too close to call a florida law requires a recount if candidates are in a half percentage point of each other and that is currently the cases in both of those big races. Republican rick scott has taken the u. S. Senate race to court, as his lead over democratic senator bill nelson narrowed during the vote counting, in the days after the election. As for governor, republican ron desantis is leading democrat Andrew Gillum by a razor thin margin. Ryan nobles is in tallahassee with how this will play out into the highest profile races there in florida. And we also have just heard from the secretary of state as well now . Reporter yes, thats right, fred, there is a lot of news to report this hour from florida. First, the official first big breaking news from the secretary of stat
Had a major mid term election with the votes still being counted in some of the big races. And all of this happened literally just in the past few days. So im still trying to make sense of all of this stuff, but heres where i am. I see new reasons for real concern about our country and new reasons for hope. Now on the concern side. Trump is acting less and less like a traditional u. S. President or any leader in a western democracy. Instead, hes acting more like an authoritarian strong man. Heres my evidence. First, hes trying to use his influence by calling regular ongoing ballot counting in florida a disgrace. A disgrace. Why . Look, it seems like hes upset that a full vote count might derail his hand picked leaders down there at the province level like brian kemp in georgia or desantis in georgia. Before that trump was going all over the country barnstorming using lies and fearmongering to whip up his supporters in frenzy. That sounds moore like hugo chavez than ronald regan. Now fo
Im sorry my triumphant return was in washington and not here. Why were you in washington . We have this thing called congress back in session. Small. Get it. And ali velshi back in new york, thats why im here. See you in an hour. Good afternoon, im katy tur. The top 2020 democratic contenders will appear on the same debate stage for the first time. With particular attention being paid to joe biden and Elizabeth Warren. It will be their very first faceoff. Warren gained a significant amount of momentum over the summer, and many observers are eagerly awaiting a showdown between moderate frontrunner and the progressive insurgent. Thats hardly the only narrative to watch out for tonight. Senator Bernie Sanders remains in second place coordinating the real clear polling politics average. Hell be looking to cut deeper into bidens lead, but with warren rivaling sanders in the polls, will the two leftwing darlings keep playing nice . Meanwhile, Pete Buttigieg and Kamala Harris are eager to rec