Airbnb expected to go public this week. Analysts saying it will surprise above its target despite all the headj winds the travel industry is facing. Well explaint iwhy ase xdp lunch starts right now. Thank you, ty the dow pullingqback but still above 30,000 only six dow stocks are higher right now. Teq apple is one of fthem the dow industrialso so far today as well as theee nasdaqe pos t composite and russell 2000 each have hit a record high intra day despite the fact the the dow is lagging, only up 5 and 13 gains over here for the Overall Index for the russell 2000 look at other parts of the market were also watching as well look at the semiconductor. Dze cord highsf pushing the semiconductors, possibly a leading indicators for the rest of the markets and another set of record highs tesla. Billion, would make it close to around the sixth biggest stock in the s p when it eventually goes in. That happens before the open of business on december 21ste1. And perhaps Short Co
Next hit. For now lets talk about what will happen this afternoon. After being in the 30s and 40s this morning, well hit the low to mid 60s around the bay. 61 to about 63 degrees. Then you can see inland about 63 to 68. The cool spot will be Half Moon Bay at 56. Liz . All right. Thank you. New this morning, moderna will ask the fda for emergency authorization use for its covid19 vaccine today. The massachusettsbased Company Released its latest trial results today. It says so far it found the vaccine is just over 94 effective. Moderna following pfizer in requesting emergency authorization use. The fda is scheduled to meet and review the Pfizer Vaccine next thursday. The agency could do the same for modernas vaccine as early as december 17th. Surging covid19 cases have forced San Francisco and san mateo counties back into the purple tier. And that means new restrictions and a curfew. Gyms have to close indoors but can operate outdoors. Top attractions like the academy of sciences are clo
Good friday morning. Welcome to squawk alley. Carl quintanilla with jon fortt at post nine of the New York Stock Exchange morgan has the morning off were going to start this morning with apple, with the companys latest slate of iphones hitting shelves this morning. Josh lipton is at the apple store in San Francisco where i think theyre just opening, right, josh . Reporter thats correct, carl were here at one of Apples Stores in San Francisco. Doors are just opening i will step out of the way so you can check it out three new iphones officially hitting shelves today, carl. Faster processor, longer lasting battery, better camera, the toughest glass in a smart phone, not just an iphone, but smart phone, period, according to the company. The big question for our audience, traders, investors, business people, did apple do enough to keep the iphone franchise stable over the next few quarters i checked in with mike olson he bets apple has done just that he is looking for iphone revenue to be
Top-rated fund managers pushed into beaten-down sectors and pared their stakes in high-flying stocks as 2020’s roller-coaster ride came to an end. The fourth quarter of 2020 featured a contentious election cycle in the United States and the release of initial coronavirus vaccine trial results, both of which further roiled markets and prevented an otherwise merciful, smooth ending to the year. To get a sense of how active stock managers responded to the quarter’s challenges, we looked at the buys and sells of the aggregated portfolios of all U.S. equity funds with Morningstar Analyst Ratings of Gold, Silver, or Bronze.
The Party People chief party dude Dean Salakas.
The COVID-19 pandemic has no doubt forced business owners and startup founders to operate in an environment of uncertainty.
With each day comes a new set of questions about case numbers, economic recovery, government stimulus, and what’s happening overseas.
But alongside these broader questions are a whole heap of other questions especially relevant to the small business and startup communities.
Will venture capital dry up? What about early-stage funding specifically?
What will working look like in 2021 and beyond?
How can I learn what my customers want? Do they even know?
Are Zoom meetings here to stay? And if yes, is this a good or a bad thing?