Good morning, it is midnight in beijing its 11 00 a. M. On wall street and squawk alley is live. Good friday morning welcome to squawk alley. Im jon fortt with carl quintanilla. Its the end of cloud week on squawk alley. What a week its been. They have brought news on custom chips, Machine Learning and more sales force announced plans to buy slack for nearly 28 billion in the second largest Software Deal ever. Weve had ibm and microsoft weigh in snowflake and others have turned in blah earnings well hear from the ceo this hour what does it mean for investors already sky high investor malic noijoins us now i cant believe we never had you on squawk alley before i hope this is a trend i want to start with sales force slack. I know that you have known stu butterfield for a long time, even before flicker was a hit. You think this very expensive deal makes sense why . So lets remove the price out of the equation. I think what youre looking at right now is in 2020, we have gone from the idea
Livermore double in concord fairfield some of our warmer spots now in the low to mid 60s. Later today, its going to be hot yet again for the same areas even harder for some cities. Back into the low to midnineties for daytime highs, coastal areas in the 60s while on the bay side in the 70s later today. Daria. Thanks a to one and lets give you the latest on coronavirus which is a growing problem now in california, you know as so we reported the governor just gave a warning about a spike in covid cases the state saw its highest singleday now of total coronavirus cases since the pandemic began yeah more than 5,000 cases just yesterday alone. So lets get you updated on the latest numbers you can see statewide were looking at more than a 191,000 confirmed cases of covid19 with more than 5600 deaths in the bay area alone were looking at more than 20,000 cases and the death count now up at 538. Alameda county is reporting the most cases in the bay area in the past 24 hours 250 cases testing p
Its ok. Its ok. Restaurants around the state pouring over new guidelines tonight, owners tell us the Biggest Challenges to getting dining rooms ready to reopen. Nothing on this list of requirements is unachievable. I came away more excited than burdened. Marie county soaping school for one class starting monday. How this Pilot Program will dictate how schools open in the fall. An unreal scene in Santa Clara County tonight. How a huge an entire neighborhood. Now at 11 00, streaming on cbsn bay area, an apparent end to the stalemate between tesla and alameda county. This just in, al mee that county Health Officials say they reviewed teslas safety and prevention plan for its fremont plant. The county says it made some additional safety recommendations, if tesla complies with the updates the county will allow the automaker to expand Business Operation this is week to prepare for a possible reopening as soon as next week. Elon musk allowed operations to resume at the factory this week in de
We have fox Business Team coverage. Phil flynn is at the cme. Edward lawrence is on capitol hill, blake burman is live at the white house but first, lets go to Kristina Partsinevelos on the floor of the new york stock exchange. Do we have kristina . Kristina Circuit Breaker halted all markets for 15 minutes. The new york fed came out injecting 1. 5 trillion today and tomorrow in the repurchasing market. A lot of movement. Yet we still finished the day down, almost 10 lower at the dow, 2321 points. S p almost 10 as well. 9. 5 lower. Same thing for the nasdaq. Complete negative territory. You guys talked about it, this is a historical day, the biggest drop since the crash in 1987. I was only two years old at that point. Look at dow losers for the day. The dow has been down the entire day. Boeing, boeing taking a major beating. The stock was halted earlier today. Walt disney on there, ibm, american express. I want to switch over to travel stocks weve been paying attention to today, more s
A nose in need, deserves puffs, indeed. We are back with the growing unrest in chile. Thousands gathered tuesday for the 12th day of protests. This follows a week of riots, 1people h thousands have been arrested. It started with protests over subway fare hikes but has become a demand for economic equality and improved public services. Wow, startling images. Back at home theres a new development in the case of a missing 14yearold girl from virginia. Authorities have confirmed a sighting of both the teenager and her suspected abductor. Heres abcs linsey davis. Reporter an allout manhunt in the virginia woods after a confirmed sighting of missing 14yearold isabel hicks and bruce lynch, her 33yearold suspected abductor. When isabel was spotted she appeared to be unharmed, which s odo. Anpey sll stay that way. Reporter this is the first time isabels been seen since she vanished from her home in bumpass, virginia, more than a week ago. A Resident Called Police after spotting the pair just af