Welcome to squawk alley for your wednesday morning im Carl Quintanilla with julia bore steen, mike san tolely with us for the hour dow is lagging down 60 jackson hole tomorrow, of course, were watching hurricane laura, the retailers but mike, crm, continues to astound. We thought 20 gain was impressive its now at session highs of 27 today alone on what bloomberg called the best revenue surprise in a decade. Yeah. Its pretty remarkable obviously the results themselves are emboldening people to say that this was as expensive as the stock has always looked undervalued or misvalued or didnt appreciate the durability of what theyre doing on the market share side of things for the longterm. What is interesting, too, if you look at it compared to some of the other software bell weathers over the last couple years, as big as todays move is, its kind of a catchup if you look at how microsoft and adobe in particular their anointing crm into that class inpenetrable areas that seem like theyre goi
Nissan scrapped its payout entirely. Changes at the top. Ubs begins its search for a successor to ceo Sergio Ermotti. They are said to be seeking internal and external candidates. Good morning, just under an hour away from the start of the cash equity trading day in europe. Lets take a look at the futures picture. The picture around the asian equity session was one that was flat and negative, and this is the picture we have for european futures. European futures showing a bit of upside to the start of the trading day, as our u. S. Futures. We are expecting to see more movement, but coronavirus remains a big topic of discussion. And expectations about what Central Banks can do is at the forefront of investors minds, when we look at the resilient futures. Lets get to the breaking data. We have german Economic Data for the German Economy, stagnating in the Fourth Quarter. That is our red headline across the board. The quarter on quarter number, unchanged. There is the stagnation for you.
Markets. Expecting nikki haley in south carolina, Jerome Powell in washington, d. C. We have the s p 500 up about one half of 1 . And the nasdaq 100 also seeing similar gains of stocks. The Philadelphia Semiconductor index on track to erase the losses from yesterday and we have the twoyear yield just dropping down to 453 on the day. Now, were going to bring you the jolt state joined by Michael Mckee to join with us the details. Michael looks like shanoly, it is unchanged. The revised number was 8889. Not a drop there but it was a significant from over 9 million. No change there. Sonali as we wait for Jerome Powell to start his. , what is his expectation out of not just what he will say on the onset what types of questions he may get . Michael hes already given up his text. Its very short and he repeats the idea that theyre high rate and they will cut rates. They hope some time this year. But they have to make sure that inflation is still on its way down. So nothing new in that. The que
Of the Central Election Commission of russia. Congratulations on the anniversary to the current composition and its leaders. And, of course, everyone who works now and has worked in past years in this most important government body and, above all, records a verified organization electoral processes. You are independent in your work; the superiors above you do not have all the solutions. You accept , publicly and collectively, obey only the laws and act on the principles of openness , publicity and the highest responsibility. The trust of voters in the results of these elections largely depends on your professionalism, objectivity and transparency in organizing elections. You are doing everything to ensure that elections are held fairly and legitimately in strict compliance with the law over the past 30 years of the russian electoral system. Passed big way. It is constantly being improved, using the latest technical achievements and the best world practices to harmoniously combine tradi
Came. Yes, all of us. Lets go have a look. With your feet, since moving is not so much fun, you still need to move. When you descend, at the same time you inspect the general condition of the icebreakers interior. Good morning. The total crew size of only 54 people is much smaller than on icebreakers; the previous generation of automation monitors all the ships systems, but the main control is on the captains bridge. I try, if the situation allows, to do a daily round. Walk with everyone and say hello look at the paintings a healthy place means the order in working with this in the fleet is traditionally strict and applies to all crew members captains, the first to set an example i always spoke to the previous captain with whom i worked a lot of time mikhailovich himself leaving the cabin. You must leave the cabin so that it is not known where you will go . You dont know what can happen to you, man. Sit down at your workplace and immediately understand where everything is. From the fir