Bruce nothing fits right now. We need to tweak it. Lemonis his sales pitch definitely needs work. I think you guys have done a [bleep] job explaining to them why they need to own it. And his Business Plan needs a reality check. I think your numbers are obscenely wrong. If i cant get him to loosen up and work on collaborating. Ethan i think there were a lot of people that were saying the same thing about a car, when henry ford came out with the car. They were happy with the horsedrawn carriages, but i think that, you know, longterm, worked out in a different way. Lemonis . This company may be up a creek without a paddle. Weve got a deal . Ethan uh. Uh, well, i, the. Um. Lemonis my name is marcus lemonis, and i risk my own money to save struggling businesses. Were not gonna wake up every morning wondering if we have a job. Were gonna wake up every morning wondering how many jobs we have to do. Its not always pretty. Everythings gonna change. Everything. But i do it to save jobs, and i do
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
They will go through the issues and this is television where tone, style, emotion are very important. My opinion, bidens job to survive 90 minutes, holding his focus to making sure there are no serious gaffes. The president will no doubt attack his style but not come across as a bully he doesnt want to stir up the sympathy vote. Heres another opinion, and absolute catastrophe the media will declare biden the winner. Lets get to the market, pretty much on hold maybe waiting for the debate the dow is down 11 points, the nasdaq 1026, 25, s p down near two. Not Much Movement, Speaker Pelosi has proposed a 2. 2 trillion dollars stimulus plan and the house may vote on it, a key point in Sticking Point contains 436 billion for state and local government, the republicans do not want that, and 25 billion for the airlines, 30000 airline furloughs on thursday if they do not get the money. Today is the day when Amy Coney Barrett goes to capitol hill and between nine republican senato senators, tha
Higher density battery, greener, but the technological breakthrough towards that are still speculative so the market reacted negatively to that news. Right the bull case is that were seeing built today say that if you were to be able to cut the cost by 56 in three years, it would have enormous ramifications on volume, implications for margins and ostensibly positive for the stock. Cramer said it best this morning, if you were a believer going into the event, you remain a believer and if not, maybe youre not. Fair enough its absolutely true that the Battery Technologies worldwide tesla and everybody elses will continue to get cheaper and better thats a given thats just the all laws that support Technological Breakthroughs support that theory so thats already baked into the price. You know, all the disruptive capacity of the technology is already baked into the price theres Everything Else is just sexy brand, elon cult personality who of course deserves all the credit in the world he adm
Look theyre higher across the board. The nasdaq is up by 134. Its early in the morning but these are pretty significant green arrows at this point take a look at whats happening at the treasury market and youll see that right now the ten year is yielding where it has been 0. 996 joe. Tik tok, the latest here. Developing late yesterday, the u. S. Judge blocked an order that would ban tiktok from being downloaded in the u. S. The ruling is the chinese owner byte dance has more time to get approval from u. S. And Chinese Authority which is unclear if that really happens for that deal with oracle and walmart the judge did not clock a much broader ban which is set to take effect on november 12th which the way things are going will be here like tomorrow i wanted 2020 to go quickly but now im thinking its just going too quickly. We wanted to go quickly. Still 2020. You still did your best Barbara Walters with that. 2020. And hugh, hugh had a long illustrious life hugh is gone now but we remem