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
Trading there. We do see the asian tech. The more leading indicators that things are looking a bit more bouncy. All of about 1 here this morning. We are watching the dollar strength. Have we reached the peak in the dollar. Things are looking a little bit overbought right now. Dollaryen still seeing some strength. We did see that weaker fix in the pboc. We are watching the bond market as well. Pushing back a rate call. You have jp morgan saying it is time to save the bond rally. Those debts seems to be going back a little bit now. Iron ore seeing a decent bomb. Today. Haslinda President Trumps ban tiktok has been blocked by a federal judge. Dealing a blow to the government in its showdown with a popular chinese owned app. They say threatens National Security. We have been following developments. Take us through the very latest. Ruling from the District Court judges in the east coast. Gave that decision blocking the proposed banned by the Trump Administration. Tiktok had requested prelim
Data, that amazon does not use that data for its own benefit, and im now hearing you say, well, youre not so sure thats going on. And the issue that were concerned with here is very simple. You have access to data that far exceeds the sellers on your platforms with whom you compete. You can track consumer habits, interests, even what consumers clicked on but didnt buy. You have access to entirety of sellers pricing and inventory information past, present and future, and you dictate the participation of thirdparty sellers on your platform. So you can set the rules of the game for your competitors but not actually follow those same rules for yourself. Do you think thats fair to the mom and pop thirdparty businesses who are trying to sell on your platform . I appreciate that question, and i like it a lot because i really want a chance to address that. I am are proud of what weve done for thirdparty sellers on this platform. We started our thirdparty platform 20 years ago, and we had zero
Thanks for taking my question, you added a sentence into the statement about the course of the economy depends on the path of the virus is this do you feel this idea or view is not widely enough understood do you feel you had warned back in may that too early reopening or cautious reopening might harm the economy do you feel that message is not heard and some of these reopenings took place perhaps sooner than they should have i think we feel that it might be the most central fact or the most central driver of the economy is the virus were seeing that again. You saw that during the lockdown when we got cases way down you saw the economy reopening. You saw spending go up and hiring go up now that the cases have spiked again. Again, the early data, highfrequency data suggests that theres a slower pace of growth at least for now. We dont know how deep or how long that will be. Its such an important sentence, we just decided that it needed to be in our post meeting statement. Its so fundame
Because we are in mountain view. Joining me on stage is the director of internet ethics, stamos, the director of the stanford internet observatory and the director of journalism and media ethics at Markkula Center. This evening is copresented with the Markkula Center for applied ethics. This event is part of kqueds series on common ground. It is an initiative ream people together for civil discourse, featuring journalists hosting provocative conversations about politics, policy, art, culture, science and technology. Reckoning with the force of disagreement among us about how to face the future of economic, culture and environmental uncertainty. This series asks what are our shared responsibilities to the common good . Next in the series if you have an open calendar is this tuesday at 7 00 p. M. , at the San Francisco exploratory them we rium. We will look at how to overcome the polarization. On to tonights topic. Democracy is under attack worldwide. Populism is on the rise. Disinformat