Do you dunk the entire covid cohort or stick with it on a dow when the rose 183 and the nasdaq gained 1. 8 the reaction to zoom Video Communications after it reported a good quarter that wasnt quite good enough for wall street. This company practically sin none mouse with the new normal and look ban on 2020 as the year of zoom so when you see it down 15 its alarming. You got to wonder what that means for the rest of the stayathome stocks. The answer, nothing. Just because zooms insanely high growth is decelerating that doesnt mean the trend is over in fact, id argue it never had gone away because this year has shown us millions of jobs can be done better from home. No need for that central office. Why go to meetings to negotiate or sign documents when you do everything over the web and save millions, maybe ten, maybe hundreds of millions in travel, hotel, dinners, zoom, i mean thats how the 39 billion s p global ihs market deal was consummated as we heard from Doug Pederson on mad mone
The nasdaq up by about 120 yesterday was a down day for the markets. The dow off by about 270 points. But if you want to take a look at november hes historic gain, check this out, the dow actually up by 1. 8 for the month, that is its best month since january of 1987. The s p no slouch either it gained about 11 while the nasdaq was up nearly 12 november by the way was the best month for all of those indexes since april which was a huge month. Also small cap stocks were some big winners. The russell 2000 finished the month up more than 18 , 245ethas right, 18 in one month, the best month since that index was created back in 1984 so here we are heading into december and year to date, the nasdaq is the superstar, up nearly 36 the s p 500 is up by 12 and the russell 2000 up by 9 . The dow up by 3. 9 so fantastic november for all of these indices. Nasdaq leading the way in terms of year to date. Joe. Yep, coincident with the surge. Go figure. The second surge are you sure it is never too ea
Flat tire. He is on the squawk news line. What happened . Flat tire first day back with my driver. We are on 78 which leads to the new jersey turn pike which is where andrew was the other day we are getting close to the lincoln tunnel i had to wait and have another driver pick me up. That worked. The only problem was we got a flat in the express lane we had to pull over on the median with semis going by on both sides the whole car was shaking. I was like, okay, ill never be there again. So i take it, you changed the tire i could have. The first thing i did was say, look, youve got to go over that median and get over to the right. Thats just asking for a problem. Seriously dangerous at 6 30, i will be there at 6 20 there might be a correction coming you guys can explain to me honeywell . I thought it already was it was in, it was out and back in i think this is the First Time Since 2013, well see three dow components come out. Now good luck. We are going to see changes coming i will tel
Is the second week of gains for the dow and a third for the s p. Nasdac fighting for gains for the week as you can see higher right now for the week, eight points and the dow and the s p certainly hanging on as well. Well speak to steve forbes but we want to give with Edward Lawrence from washington with all the latest from the president. Edward . Reporter yeah, the president right now just landed in new york city. He is on his way to a hospital over in new york city. Hes going to see his brother whose said to be very very ill. We do have live pictures from outside the hospital waiting to see when the motorcade does come up in front of that hospital there. The president or Senior Administration official saying the president has a very special relationship with his brother there, you see the live pictures of them waiting on the president who literally is en route to the hospital. Later tonight the president will speak to the new York City Police Benevelent Association before leaving for
David i do not consider myself a journalist. No one else would consider myself a journalist. I started to take on the life of being an interviewer even though i have a day job of running a private equity firm. How do you define leadership . What is it that makes somebody tech . Tick . Me ask you about salesforce. Com for those who are not familiar with it. You started a company in 1999 and today it has a market value of 340 billion dollars. If you bought the stock at the beginning, you would be up to thousand percent. Counting . But who is david we have had a very good shareholder return and a good stakeholder return. We have been able to have away 300 million. We have done 400 million hours of volunteerism. David for those who are unfamiliar with what your Main Business is, what does it do . It is a Software Company. If you go to adidas. Com and buy zys adidas shoes, some yee from kanye west, then you get an email from adidas and something is wrong with the shoe and you have to Call C