Apple reports, by the way, apples plan for new faster chips behind that. And you see it there call it snowflake soar since its ceo raking it in every month jim cramer says hes worth every penny, carl. Thats a lot of pennies well talk about that, guys. We mentioned, jim, all the stuff thats coming at us in the coming weeks or the coming days, rather including some investing meetings, crm, adobe, disney and starbucks. A lot of companies that are doing incredibly well and we should also be thinking not just here but worldwide i think its kind of shocking to see that other than the banks in europe, almost everything is doing well all over the place, including these companies which are very international companies. But i think disney has a great story to tell when it comes to plus adobe has a great story to tell when it comes to all the things theyre doing and starbucks it looks like were getting comments saying, look, theyre doing better than we thought and thats also international. All th
Good wednesday morning welcome to squawk alley. Im john for the with caro quintanilla and Julia Borstin well start with apple, a cost cut for Small Developers josh lipton breaks down the news for us. Here is how the new program is going to work its called the App Store Small Business Program it launches on january 1st and it does represent a big change here. Developers earning up to 1 million during the Previous Year will now be eligible for a commission of 15 on paid apps and inapp purchases, and that is half of apples Standard Commission apple says the new program will impact what it says is the vast majority of developers selling Digital Goods and services on the store. Tim cook saying in a statement the app store has been an engine of Economic Growth like none other, creating millions of new jobs and a pathway to entrepreneurship accessible to anyone with a great idea for investors this change is also important remember, the app store is critical for apple it accounts for an estima
Close at the open. The road map begins with that renewed vaccine optimism and detailing their own strong data. Plus as for the market, the u. S. Stocks poised for new records and the futures are and investor optimism about that vaccine and dow is within striking distance of 30,000. We have a lot of deals this morning. Pnc looking to become one of americas largest banks and set to buy spanish bank and 11. 6 billion the Purchase Price and other deals to tell you about this morning carl lets start with the moderna news excellent news for the second week in a row. Dr. Fauci on some of the networks earlier today saying the data are striking and the results are just as good as it gets i really think we have to go back just a couple months and recognize that even if we had any hope that there would be a successful vaccine maybe 70 , 80 . 50 to 60 for the flu is something we learned moderna Insider Selling was bad and turns out the Insider Selling was bad meaning they sold badly i do think wha
You dont want to miss two vets team up on a wild mission to make bourbon. We will put two external fuel tanks on this airplane that have been specially modified. Its a critical operation that will hit 700 miles an hour. Live from cnbc global headquarters, the fact, the truth, the news with Shepard Smith. Good evening. The numbers do not lie the pandemic is spiralling out of control like never before covid hospitalizations hitting an alltime high across the nation and new cases continue to skyrocket. Nearly 62,000 infected patients are in hospitals right now, the most ever. Cases are still rising in 49 states weve topped 100,000 new cases every day for more than a week the virus just killed more than 1400 americans in a single day, the most in three months, and every signal is that covid is accelerating at an unprecedented pace as our nation faces the worst Public Health crisis in a century, the Trump Administration is still refusing to cooperate with president elect bidens transition t
You dont want to miss two vets team up on a wild mission to make bourbon. We will put two external fuel tanks on this airplane that have been specially modified. Its a critical operation that will hit 700 miles an hour. Live from cnbc global headquarters, the fact, the truth, the news with Shepard Smith. Good evening. The numbers do not lie the pandemic is spiralling out of control like never before covid hospitalizations hitting an alltime high across the nation and new cases continue to skyrocket. Nearly 62,000 infected patients are in hospitals right now, the most ever. Cases are still rising in 49 states weve topped 100,000 new cases every day for more than a week the virus just killed more than 1400 americans in a single day, the most in three months, and every signal is that covid is accelerating at an unprecedented pace as our nation faces the worst Public Health crisis in a century, the Trump Administration is still refusing to cooperate with president elect bidens transition t