Highs. Coming up a busy news day, and a series of big interviews as well. The ceo of gap, jonah snngal, her first interview since taking the job in march talking about the post covid lavin escape and the partnership with kanye west. Plus we have patrick frisk with his partnership with steph curry. We will discuss the fierce competent anything footwear. And salesforces deal to buy slack is expected to be announced today after the bell we should get those details. And sales details also out after the close. Looking forward to that. Slack up a little bit today. Lets get to the Market Action mike santoli is tracking it. As stocks moving higher but off the highs of the session. For three weeks they have been mostly sideways around the recent highs right now we are a little less than 1 above the intraday high from november 9th. Est that was the day the election was called. Then you had the vaccine from pfizer that was right in here intraday high. At a record. 67 above the march 23rd low righ
There and that continues, at least. No rally 37 bucks. So many different stories to choose from. Lets start with oracle. Those shares are jumping ahead of the bell. Apparently beat out microsoft and walmart in a deal for tiktok and jim and i will go over this and find out what represents a deal nvidia arm holdings. Jensen huang will join us later this and verizon ceo, yeah, why not. Talk to us about that deal, as well verizon buying track phone maybe as much as 7 billion with certain targets met. Jim, no shortage of m a and didnt even get to the gilead deal give me your take on where we stand on the markets before we Start Talking specifically about this tiktok transaction. I can argue i want older people who keep saying the market is too high to cover their ears i could argue that all these deals this morning add up to a market that some people think is too cheap. The amount of money that is going into stocks that i think many people felt were overvalued is astonishing, david. And i t
Legislators from both the u. S. And canada, discussed the challenges they are facing. Cement was caused by George Washington University Institute for data democracy and politics. Welcome to our continuing conversation about the social media platforms in response to this information campaigns around covid19 pandemic. Very serious situation. Obviously where it lives are literally in the balance. On director of the George Washington University School of many of the public affairs. Affiliated with the institute of data democracy and politics which is presenting this event together with the International Committee on disinformation. Ill be your moderator and your timekeeper and i will continue this conversation with her distinguished panelists and guests. And if you are journalist, please feel free to put your question into the q a. And make sure that is addressed to everybody so that we can all see it and i will try to incorporatee at least some of those questions to our panel in a bit. So
First, new highs for several growth tech keeps going up it does its funny, though, we see our sunrise and reallocating into some areas that, you know, im sure for longerterm holdings, but theyre moving them into some of the retail and travel names. So were seeing some folks take some profits, which i wouldnt necessarily be doing right now, but taking some profits out of those highflying tech names and moving them over a bit right now my personal portfolio, obviously, im very keen in whats going on in the hightech names and holding on to the facebooks of the world i have moved into some financials and other places, but its interesting to see what folks are doing out in the market. Well get to some of the things you have done in a some in kevin, sailing or a swoon this weekend . Good news on a vaccine from pfizer today well hear about vaccines in the months ahead, a lot about the elections the months ago. I think there will be a lot of concern about all of these issues i look at the news
The institute of data and democracy and politics which is presenting this event together with the International Committee on this information. Ill be your moderator and your timekeeper and i will continue this conversation with her distinguished panel and guest. If you are journalist, please feel free to put your question into the q a field, make sure that is addressed to everybody so we can see that and i will try to incorporate some of the questions to our panel in a bit. Social media platforms as we know and discussed our allowing actors to sell on illegal and overpriced medical equipment during the pandemic. That is one of many issues that we see across a social media platform. This one is not a new problem, social media platforms continue to allow the dangerous disinformation during the covid19 pandemic and in so doing they expose how dangerous and how irresponsible this kind of behavior can be and the role that they play in continuing to allow it. Rampant conspiracy theories make