Welcome to squawk alley. Im jon fortt. David faber and Morgan Brennan are here a lot to get to today, including winners and losers from last nights Golden Globes. Well begin with todays market drop, though stocks are off the lows, actually at the highs of the session. Bob pisani has whats driving todays down swing and maybe swing a little back up more than a little. We almost went positive a few moments ago on the s p 500 heres the intraday. This is similar to friday. The low print but v was there at the open friday we tended to have faded into the middle of the day, looked more like that. Well see if the same pattern happens. For the moment, we touch even going on the s p ill show you the sectors here cyclicals tend to be most affected energy on the upside today mostly the big integrated companies that are up, shale down, e banks down but off the lows same with transports not a good day for the transports overall retail is down, but again, off the lows thats the general pattern you se
Im Carl Quintanilla a busy morning well start with this report out of axios, a 2020 corporate hit list ranked by candidates mentioned on twitter tech heavily represented uber, twitter, alphabet making the top ten. Roger mcnamee is joining us along with casey newton. Good to see you guys roger, we talked about this list and it is probably only going to continue as we get further into the political season we mentioned where the banks are in all of this why is tech getting so much attention . You know, i think that it is very simple. Weve been in a really long bull market weve been in a period of time for maybe 40 years where we deregulated everything and given corporations almost total autonomy and the tech guys have taken advantage of that, even credibly successfully investors have loved it. But at the same time, a lot of harm is being done, being done to public health, democracy, privacy, competition and we have to have more balance in the economy consumers have got to benefit more fro
Im jim acosta. Welcome. Donald trump and the Special Counsel and the third indictment. Trump lawyers are now hitting back at a Monday Deadline Set by the judge overseeing his Election Interference Case arguing they should have until thursday to respond to the Special Counsels request for a protective court order. Jack smith is firing back telling the judge the delay is unnecessary. Whats all this about . The Special Counsel seeking to stop Defense Lawyers from sharing with trump copies of sensitive evidence pointing to this social media saying if you go after me, im coming after you. He is slamming the Special Counsel and Alayna Treene is there. He was really going after Special Counsel jack smith and engaging in more of this volatile rhetoric that is obviously now going to be a matter in his case here in washington. What more can you tell us . Reporter well, jim, i think that despite that court filing from the Special Counsel, jack smith and other prosecutor, i think you can anticipat
Wales. Ill have all the details later. And little bit of housekeeping to tell you about as well. A few changes here at gb news. You know how much we to love get views. Theres such a central part of our program. Were changing the way were doing that from today. The way you in touch is very much you get in touch is very much still going to be a central theme, but we want views, theme, but we want your views, posts and comments all entered via website which via our website which is gbnews. Com forward slash your say. To a few say. Its going to take a few days to bed in, so bear with us. But it should be should be a bit easier , not so much clunky bit easier, not so much clunky email interface. This new email interface. All this new fangled technology, fangled internet technology, wonderfulyou are a gb news and if you are a gb news member then you will get priority with your views and well hopefully be Live Streaming some of those on our screens well. So watch the screens as well. So watch
Is it so into you, into you, into you or i wanna go or oh, oh, oh well tell you today, saturday, august 27th, 2016. Came from buffalo. Check it off our bucket list. Were celebrating our 50th birthdays with the today show. Sisters trip in new york city. Hi from georgia. All the way from england. Good morning to you. Welcome back. This head out and say hello in a bit. First, song of the summer, well get to first. Dave murphy, well start with you. Funny. I think itll be katy perry. Cake by the ocean is that this summer . My kids love that song. Get to that in a moment. Lets start with the threat in the caribbean. Dave price from our station wnbc in for dylan. What are we seeing . Active in the atlantic. That we know. Lets walk over and take a look at the maps. This is what were looking at. Several different areas were keeping our eye on. The one of immediate concern right now is this one, over the islands. Tropical disturbance at this hour. Its sitting there. The question is, does it stre