Stimulus deal9 and the promise of a covid vaccine. Cloud computing giant salesforce has agreed e to buy slack in a 27 billion deal. Slacks instant messaging system will position salesforce to compete with microsoft. Warner brothers announced it will release its 2021 films on hbo max at the same time they debut in theaters. On the round table, ben levisohn, carlton english and jack howe. Ben, we got pretty weak jobs numbers today, but the market shrugged it off, and everything ended up higher. Thats right, jack, everything went higher. It doesnt matter if you were maul cap or large cap, the techheavy nasdaq or the Dow Jones Industrial average, the market just went higher. That comes down to stimulus. Congress is talking again, democrats and republicans are trying to come to a deal, this is a number out there, and it looks like it could get done. If it does, it makes up for the data. Payroll number missed expectations, but people were expecting a weak number, and the weakness is really i
Secretary this week, sharing a bleak Economic Outlook if the u. S. Fails to act. Listen. Its an american tragedy, and its essential to move with urgency. Inaction will produce a selfreinforcing downturn causing yet more devastation. David meanwhile, novembers Unemployment Rate comes down to 6. 7 . Thats good news. But the new job numbers were disappointing, signaling that the recovery is slowing a bit. And no wonder considering the determination of some local and state leaders to keep people from resuming normal life with draconian lockdown orders that call for even more restrictions. Listen. Regions where the icu capacitity is falling below 15 , we are now mandating that we are implementing a stayathow many order for three weeks. David the nations economic fate really hinging on the period of delivering the covid19 vaccine. But a slight setback there as well as pfizer admit es theyll be slashing their vaccine rollout target in half after a supply chain problem. More on that later in t
Secretary this week, sharing a bleak Economic Outlook if the u. S. Fails to act. Listen. Its an american tragedy, and its essential to move with urgency. Inaction will produce a selfreinforcing downturn causing yet more devastation. David meanwhile, novembers Unemployment Rate comes down to 6. 7 . Thats good news. But the new job numbers were disappointing, signaling that the recovery is slowing a bit. And no wonder considering the determination of some local and state leaders to keep people from resuming normal life with draconian lockdown orders that call for even more restrictions. Listen. Regions where the icu capacitity is falling below 15 , we are now mandating that we are implementing a stayathow many order for three weeks. David the nations economic fate really hinging on the period of delivering the covid19 vaccine. But a slight setback there as well as pfizer admit es theyll be slashing their vaccine rollout target in half after a supply chain problem. More on that later in t
Cloud computing giant salesforce has agreed e to buy slack in a 27 billion deal. Slacks instant messaging system will position salesforce to compete with microsoft. Warner brothers announced it will release its 2021 films on hbo max at the same time they debut in theaters. On the round table, ben levisohn, carlton english and jack howe. Ben, we got pretty weak jobs numbers today, but the market shrugged it off, and everything ended up higher. Thats right, jack, everything went higher. It doesnt matter if you were maul cap or large cap, the techheavy nasdaq or the Dow Jones Industrial average, the market just went higher. That comes down to stimulus. Congress is talking again, democrats and republicans are trying to come to a deal, this is a number out there, and it looks like it could get done. If it does, it makes up for the data. Payroll number missed expectations, but people were expecting a weak number, and the weakness is really in the areas that we already knew would be weak like
About it and how the Company Plans to fight continued covid and political misinformation. The former Economic Council director gary cohn urging congress to pass more stimulus now. A sneak peek of my wideranging interview on everything from bitcoin to spacs, coming up. U. S. Stocks fell from records as ofestors weigh the prospects risk. Zoom video just reported after the bell. Abigail shares modestly lower in the after our market trading. For any other stock, it would be a pretty decent decline of about 4 , 5 . Forume video, it is a zoom video, it is a modest decline. Their sales basically quadrupled in their fiscal third quarter. Upy beat adjusted earnings, 6500 . They put up a penny a year ago. In this quarter, they put up . 66. You do have the stock down, probably because this is one of those high flyers on the year. Thanthis report, up more 600 on the year. They essentially got perfection at least ahead of the call. It appears they wanted just a little bit more. Relative to a stock