Stimulus watch and of course, palantir, we are awaiting the opening trade set to begin really at any moment. Alex karp, the ceo will join us right here on cnbc immediately following the first trade, jon as we said, its been a long road a lot of filings. A lot to read about the company, voting structure, privacy, you name it. And the Business Model at large. Yeah. And its another big, big ipo but very different from snow flake, which we saw which has a ton of customers, large and small and kind of this very broad play on data in the cloud. This is a company thats dealing with big data and has just a few really huge customers, carl. And thats where well start this morning, jon. Josh lipton has more on what to expect once the first trade happens. Hey, josh. Carl, a master of creativity. That is how Ceo Alex Karp describes his company, palantir. A data miner, its software ahows customers to integrate volumes of data into a central platform where it can then be securely analyzed and interpr
Earnings walmart going on a hiring spree. Home buyers are rushing for mortgages. Is the consumer stronger than you think . Power lunch starts now and welcome to power lunch, im Frank Holland in for Tyler Mathisen nike hitting an alltime high soaring 9 on a blowout Earnings Report Johnson Johnson also higher on its vaccine progress for more on whats driving the action, lets get over to bob pisani hey, bob frank, we are sitting at the lows for the day, 3,280 on the s p, about where we ended on friday and the problem is this seesaw in the megacaps and workfromhome names take a look at megacap, this is a down day yesterday was an up day. Monday was generally a down day. You get the idea hard time figuring out what the right values or prices this high same with the workfromhome stocks theres a theory out there that these will be beneficiaries of worsening coronavirus cases in the United States, maybe, but theyre starting to split. Theyre not always up on the stays when some start moving on
Winter storms from the Pacific Northwest to new england, texas to tallahassee, weve seen temperatures plunge in some places by tens of degrees an hour. Coastal flooding, gail forced winds, Blizzard Conditions, roads iced over causing massive pileups, including the one you see here on the Ohio Turnpike that took one life at least. Were also seeing more than a million homes without power tonight, more than 5,000 flights cancelled. C cnn Polo Sandoval is live for us and drivers are stranded on icy roads and omar jimenez is at ohare. We begin with Polo Sandoval. What can you tell us about the stranded drivers and what theyre facing tonight . Reporter it is going to be a very long frigid night, Jim For County officials as they will be out in these conditions going through hundreds of Stranded Cars Inn erie county and rescuig people inside. Officials said this is something they feared of happening so they implemented at 9 30 this morning a driving ban hoping people would stay home but sadly,
believe in all kinds of positive ways, but i do think that when you combine that demographic change with all the economic stresses that people have been going through, it means that there is going to be potential anger, frustration, fear. some of it justified, just misdirected. i think somebody like mr. trump is taking advantage of that. there are some people that are just stone cold racist, we know that. but there are a lot of people also who feel, and are to some degree or another, feel like they are on the losing end of the stick. there are a lot of people who rose to the bait, i would say, the encouragement of the kind of pr mastery of trump. trump made it into an us and them in black and white. there was no question that he had a self-consciousness of a past to whipping up resentment. and, on was a black president. toward the end of obama s presidency, i received an invitation to what was billed as a celebration of black music at the white house. there was bel biv
are you thinking in the future this is going to be a war that is predominantly fought with drones? [speaking non-english] and you don t rule out the possibility that russia could catch up? [speaking non-english] so it s not the time to get complacent? [speaking non-english] coming up, the true costs of putin s war. how do you try to understand why russia would do something like this? i don t understand. what will you do? will you make something better? create something new? our dell technologies advisors can provide you with the tools and expertise you need to bring out the innovator in you. my name is brian delallo. i teach ap and honors economics in pittsburgh, pennsylvania. financial well-being to me is knowing that i can be free to do the things that i love to do. i hope when i retire someday, they say, that guy made this place a special place to come to school and gave as much as he could to help the community. sometimes you re so busy taking care of everyone e