Were at post nine morgan and john have the morning off. Interesting setup here were approaching nasdaq 9 k very quickly tech, the best performing sector for the year hitting a fresh record high this morning joining us to day with his top picks in the sector for 2020 is our lead internet analyst. Mark, happy holidays good to see you. Good to see you, too. I want to get right to the large cap longs for next year. Uber is number one then you have two, three, four talk about it. Yeah. Im going to pitch it. Uber is the facebook its our facebook for 2020 it turned out of all the stocks, facebook is the best performer in 2019 because it whats so dislocated at the end of 2018. A lot of controversy around it i think thats exactly the setup or similar to the setup on uber now. We like it we think well see a clear path to profitability i think well see sustained growth in the ride sharing business and if they can fix that eats business, thats going to surge the outperformance and cause the outper
Happy friday and welcome to squawk alley here at post nine sara eisen and andrew ross sor again. The u. S. Economy losing 33,000 jobs in september, with hurricanes having a major impact on hiring, while employment, unemployment rate, did see a slight drop, all as stocks continue to hit historic highs with the s p 500 looking for its ninth straight positive session. Its in the red right now, but lets see what happens throughout the course of the day. For more, diane schawn, and ryan levet, Senior Investment strategist welcome to both of you diane, the market may be the bigger story here coming off this amazing stretch that we havent seen the likes of since 1997 sixth Straight Record closes for stocks does the weaker jobs report, at least on the headline number, do anything to derail the story of better growth and higher stocks . Well, i actually think the stock markets probably reacting to the fact they think the fed may now delay a rate hike at the end of the year or in january. I stil
I see a letter and i want it to be black and no colors that i want to turn black i see the girls standing there in their summer clothes i have to turn my head until my darkness goes good thursday morning. Welcome the squawk alley. Kayla tausche is live for us at 1 squawk alley and shes han a exclusive with jack dorsey on the closing bell, and meanwhile jon fortt and myself at post 9 and Henry Blodgett ceo and finder with insider h, and a lot to to get with us. And start with the alibaba shares after the revenue jumps 39 helped by the gross merchandising value, and that is after jim chanos at the sohn conference say said that he is shorting i. We are short. We are short because of accounting reasons, and we have question questions about the met u ricks and real questions on the cash flow, and most importantly, the biggest part of the business which is the fulfillment part of the business delivering the package is unconsolidated on the financial statements, and we dont see how profitable
470 of them front office jobs. Now to carl cant ania and the beginning of squawk alley. Good morning. It is 8 00 a. M. At apple headquarters in cupertino. 11 00 a. M. On wall street, and squawk alley is live. Good tuesday morning. Kayla is off, but with us as always john and myself at post nine. Joining us today jessica lessen, the founder of the information and cnbc contributor. Jessica, great to have you with us as well. On a crazy day, cramer called it an emotional opening, and it was certainly that. Were well off the lows. Oil has gone green after a miserable morning. Lets start with the markets falling, of course, since the open right now. Dow down 86 points. S p is down about seven. We mentioned oil going positive. Our bob pasani on the floor watching everything. Bob. We are in the middle of a modest rally. Remember, we were we got down 20 points in the s p 500 right at the open, and we have more than half that with the s p down only six points. Lets take a look at the market int
It is completely outrageous. It is the worst form of censorship we have seen by the United States since the 1950s, since the mccarthy era. Are you surprised . I am surprised, actually. But you are screwing with the forces of nature. [ticking] [blows whistle] you might not think of sugar, corn, or metal as material that can cause a catastrophic explosion in a factory. But when theyre ground into dust and suspended in the air, all it takes is a small spark to set off a disaster. If this material were gasoline, there would be no doubt in any owners or operators mind what needed to be done. That would be an emergency. Absolutely. Is dust functionally the same thing . It has the same power. Hundreds of industries create huge amounts of lethal dust and arent even aware of the risk. [ticking] welcome to 60 minutes on cnbc. Im steve kroft. In this edition, we talk with Julian Assange, the mysterious and eccentric founder of wikileaks, whose website made public thousands of u. S. Secrets. And w