Two tech ipos making headlines. Plus Morgan Stanley, as carl just mentioned, upgrades tesla. Analyst adam jonas predicts a 60 rally, largely fueled by a. I. Were also getting shares of qualcomm up ahead of the open. Chip company saying it will supply apple smartphones through 2026. Lets begin with jim in san francisco. As we said, dreaming up for gearing up for dreamforce. Jim, going to be a busy week. Whats really crazy is that theres adam jonas just stealing the whole show. Theres conferences in washington, theres conferences in san francisco, and he makes it so its about tesla. All i can tell you is that out here, its just dreamforce is the aai force. David, you know this from when you were with musk. If you dont talk about a. I. , you sound like youre clueless. If you do talk about it, you better start having something to back it up. Adobes got it. Oracle tonight. But theres a lot of just a. I. Chatter that i think is just chatter, david. Right. And that is a key question for inves
Time in history. Instead it rallies to new highs dow gaining 256 points s p climbing 1 . And while that may seem crazy, theres actually some very good explanations lets start with the negatives, though first there was this mornings tweet from the president , meeting with chuck and nancy today, of course, chuck schumer, nancy pelosi about keeping government open and working. Problem is they want Illegal Immigrants flooding into your country unchecked. Are weak on crime and want to raise taxes substantially. You know at most times the story like that about a potential Government Shutdown would have sent the stock market into a complete tailspin. Government shutdowns are synonymous with lower stock prices even if the democrats hadnt canceled their meeting the rally over this could take weeks, months secret that tends to weigh on the stock market. But not this stock market. Instead we rallied on the news why . Who knows. Maybe it signals that the republicans dont need votes to keep it fund
Where i sleep and work. Reporter she believes nellis she believes less is more. I think the house market out here is crazy so i think the tiny house is a good solution. Reporter hers is slightly larger, 26 feet long 8 1 2 feet wide. A total of 221 square feet. A queen sized bed in here, room to store my ukulele. Mac one of the pioneers of the Tiny Home Movement says real estate prices are forcing people to consider tiny homes. Ted schafer built his first one in 1999. Im building the most affordable and tiniest tiny home that ive ever designed. It seven by eight feet. Reporter once kareen goes small you cant go back. There are tiny Home Communities in the bay area but apparently they are not legal. For example there is one in alameda. I spoke with the resident who is getting evicted by the city of alameda because the salvage yard they are parking at they dont have a permit for their tiny home. 70 seven by eight feet, we are talking about cramped living spaces. Did they miss living in mo
Poverty law center. Senator Lamar Alexander chairs the committee. Good morning. The Senate Committee will please come to order. We are holding a hearing on exploring free speech on College Campuses. Senator murray and i will have an Opening Statement and then introduce our witnesses. His is an Exceptional Panel we look forward to learning from you. After your testimony we will have five minutes of questions. Before we get into the hearing, i want to make a comment about the recommendationssenator marie senator murray and i made to the senate, along with 22 other senators equally divided , republicans and democrats for a shortterm bipartisan agreement to reduce premiums and avoid chaos in the individual Insurance Market during 2018 and 2019. Im very encouraged by what has happened since we introduced that a week ago. From the Congressional Budget Office yesterday which said in effect that as we believed the alexandermurray proposal would continue costsharing payments for 2 years, 2018 a
Colombia where he will likely field questions about the russia investigation. Thats live as soon as it begins. Now, my exclusive interview with bank of america ceo, find out what Brian Moynihan of 21st Century Glass stegal may not be as bad. Thats coming up. Unrolling Net Neutrality rules, the Michael Powell tells us why this is the right move in a first on cnbc interview. But, we begin with a very Good Exchange between steven mnuchin. Ylan has the story. Reporter it was testy. This was mnuchin mnuchs first testifying. Most of the conversation was focused on financial regulation. It is also met he has to face senator warren. Now, mnuchin said in the testimony that he does not support a return to glasssteagall saying that that would cause significant problems for financial markets, the economy, and liquidity. But on the campaign trail, President Trump said he supportings a 21st century version of glasssteagall. Today, senator warren tried to press him on exactly what that means. To get