Good Tuesday Morning welcome to squawk alley. Im Carl Quintanilla with jon fortt and we had losses at the open but were close to session lows. Dow is down. 3 . S p 500 below 3400 the name of the game, jon, q3 earnings really no stimulus headlines to speak of were watching covid19 levels mega cap, m a in the chip space. You know what im talking about. Absolutely. We telegraphed it here it s were going to begin with amd and that 35 billion planned acquisition of xilinx. Its the boldest bet in a remarkable run by amds chief executive officer dr. Lisa su taking over almost exactly six years ago in october 2014. Sue has taken shares of amd from 3 to, what, 79 as of this morning. More than 2,000 rise. Todays deal is another challenge to intel its a push for market share in data centers and just the latest move by sue to turn amd from an also ran into a leader. Hopefully you have got to know me a little bit im all about focus and execution. You know, what we set out the plans for amd over the
This as cia head gina haspel tries to stop for document declassification as part of the origins of the russia probe. Ohio congressman jim jordan joins me live next hour to discuss. Markets this morning slightly in the red, take a look at this, despite President Trumps recovery and growing talks on stimulus, weve got a market that is fractionally moving but in the red, dow industrials right now down 31 points of, nasdaq lower by 56 and the s p 500 right now down 9 andahalf. This after big rally yesterday finishing near session highs, markets at the close yesterday up 465 points on the dow industrials. The nasdaq up 257 and the s p 500 higher by 60 points at 4 00 on wall street. Worker information compromised, a popular fashion brand is fined for allegedly keeping track of hundreds of employees personal lives on the companys database. Airlines meanwhile looking for a rescue, one carrier hoping workers will take pay cuts in order to avoid furloughs. Plus, plant based fashion, the new team
Distancing show. From trevor noahs couch in new york city to your couch somewhere in the world, this is the daily social distancing show. With trevor noah. Trevor lets kick things off with outer space. Its the reason people who arent perverts have telescopes. For years, scientists have been asking if there is life on mars, but it turns out they may have been looking in the wrong place. Astronomers have uncovered possible new signs of life on venus. Its surface is hot enough to melt lead and its cloaked in clouds of toxic gas, but scientists now believe something could be alive on venus or, actually, just above it. Professor sara seager along with a team of International Scientists spotted a molecule called fos feign in the planets atmosphere using giant tell scopes. Finding phosphine leaves us with two equally crazy ideas, one is theres some unknown chemistry and the other is theres some possibility there might be some life producing phosphine on venus. Trevor wow, human beings are ama
But it turns out they may have been looking in the wrong place. Astronomers have uncovered possible new signs of life on venus. Its surface is hot enough to melt lead and its cloaked in clouds of toxic gas, but scientists now believe something could be alive on venus or, actually, just above it. Professor sara seager along with a team of International Scientists spotted a molecule called fos feign in the planets atmosphere using giant tell scopes. Finding phosphine leaves us with two equally crazy ideas, one is theres some unknown chemistry and the other is theres some possibility there might be some life producing phosphine on venus. Trevor wow, human beings are amazing. Just five months ago we found out how to properly wash our hands and now weve found extraterrestrial life. I think its super exciting theres life on venus because thats where the ladies are from. Oooh i cant wait to go to venus, a planet full of only women . Whoa hoa ill roll up there and be, like, ladies can you give
Slapping tariffs of 106 on imported aluminum foil. Beijing has hinted at a response. Li na the markets in the u. S. Tumbled today in reaction to the fed chairman jay powells testimony today. But if you look at several pieces of data, indicators and a buy signal relative to other markets in the u. S. G btv 672 which shows you the breadth of the market. Still of s p70 stocks are trading above their 200 day moving average. If you look over into europe, for instance, where you and i talked to a lot of investors, there is a lot of value in europe. Only 59 of stocks on the euro, the stoxx 600 index are trading above their 200 day moving average. , itn that smaller breath goes to show the european markets or others outside the u. S. Still have a bit of work to do before they flash a buy signal. Yvonne a great chart there. Given the turbulence we did see in february, were seeing more of a bounce back and the like the u. S. Compared to europe and asia. The breadth of the market in china not a s