Were going to get smarter on that with our guests this hour take snow dflake, that recordbreaking debut you heard about all morning, priced at 120 now indicating 19 to 195 the largest software ipo ever. Their thesis, a new way to work with data in the cloud those indications as i mentioned way above the ipo price. The ceo joins squawk alley right after the first strad. And theres adoe bee ahead of last nights earnings. They reported 15 Revenue Growth the best q3 in the companys history. Stock is taking a breather in the early trade. Well ask ceo about that in just a few minutes. And dont forget about apple its mac and ipad lines got a boost from work and learn from home imperative. Major Tech Companies like apple are leaning into the work, learn and kperds from home phenomenon. The new way of working is rich the real question here, guys, is future upside already baked into these valuations, carl boy, just look at those snowflake indications. We went into this morning, jon, looking at h
All the fast moving developments. The back to improving trend here but the markets are chewing on that, i guess assessing not improving fluff. What is your take . I agree with you. If you look at continuing claims, they have fallen pretty dramatically. The weekly claims there is sense by the market to keep the momentum going. Maybe that is a stimulus package. We dont know. Obviously the market takes it as a slight negative. We have had in the economy last couple months is housing boom, explosion in building. It has driven up commodity prices. Lumber prices. Multiyear highs. Multidecade highs. There is a concern that may cool off a little bit. Housing starts slowed down a little bit in august. There is a little bit of concern, that maybe that bright spot in the economy is starting to go down a little bit but not so much if you look at the oil market. Look at the oil market it is kind of signaling Better Things ahead. Weve seen a big jump up in oil prices, the last couple of days, a big
Turns across the country as many states which had rejected the idea of telling people to wear face masks or seeing cases search that everyone can adopt the practice of wearing a face mask for the next 4 weeks we will be able to get coburn 1000 under control. But in georgia the governor there is going to court to ban cities and municipalities making masking in public compulsory brian camp says local orders cant be more restrictive than measures hes put in place his team only strongly urge is the wearing of masks. The governor has taken a formal position on mass in the state of georgia so whatever the motivation is i think that at the end of the day we all have to do the right thing because its the right thing to do and what the scientists are telling us is that the right thing to do is to wear a mask mask are not a political statement mask are a Public Health to a necessary Public Health to the state of georgia continues to send mixed messages to everyone that lives here cases and no su
also tonight, the major storm taking aim first slamming florida and then all the way up the east coast. we re tracking it. tragedy in gaza. israeli forces acknowledging they killed three hostages with friendly fire after mistaking them for a threat. our richard engel in jerusalem. the urgent warning from the cdc as cases of covid, flu, and rsv surge around the nation. our nbc news exclusive, the kremlin s top spokesman on the 2024 election. what he said about vladimir putin and donald trump. america s fentanyl crisis. inside the unauthorized clinic risking trouble with the law to save people. the bond between two boys, one american and one israeli we first met in the wake of the hamas attacks. how their friendship brought some hanukkah joy to children of war. announcer: this is nbc nightly news with lester holt. good evening, and welcome, everyone. breaking late today, a devastating legal blow for former new york mayor rudy giuliani. a federal jury in washington
intent rocket bombardment from across the lebanese border. london s metropolitan police diverts dozens of its serious crime officers to investigate their own colleagues as it tries to expel hundreds of corrupt officers. live from our studios in singapore. this is bbc news. newsday. at eight o clock in the morning here in singapore and 8pm in washington where the white house has released a report which says little more could have been done to prevent the taliban takeover of afghanistan. the review commissioned by president biden does admit the us should have started evacuating kabul earlier be a spokesman blamed the chaotic withdrawal on a deal that donald trump did with the taliban. the taliban. transitions matter- the taliban. transitions matter. that the taliban. transitions matter. that is - the taliban. transitions matter. that is the - the taliban. transitionsi matter. that is the first lesson learned here and the incoming administration wasn t afforded much of one.