Alphabet apple price target up to 300 couple upgrades at nike, goldman. A lot of research to the up side. Facebook and google in particular have been in the penalty box over regulation concern, trying people in front of congress, having to answer questions. As that was going on, we saw earnings hold up i had the question how long before the numbers outweighed some sentiment while the upgrade seems to be happening. Speaking with all of the market strategists dayin and dayout, they talk about the new trend of cyclical growth, not new per se, but some of the themes theyre focused on while these companies play into that theme. Interesting timing with the upgrade. Seems like theyve seen Sundar Pichai assuming the role as one that would lead to Brighter Future for the company you know, also in terms of valuation, seems like thats another thing that they look at as being a net positive. The other element, facebook in check by the hsbc call that says 40 of market cap could be at risk. Definite
Thanksgiving coma and the ending the threeday losing streak are a set of records around the corner or this rally a flash in the pan. First of all, welcome. Thank you. [ applause the man. The momentum killer i just drop the hammer on momentum up. We call these the ifbs they told me in your name that your name at hq is c. Quint. We might take the quint thing. So, quint, to answer the original question today was a flash in the pan december 15th columns. The december levies the tariffs, the market goes down i would think it trades down to 30, 90 or so handles from where we are now and then another conversation but today was a bounce from the market down three days steveo. I do believe the market will bounce back even the last two weeks of the year if he puts on the new tariffs. So i agree with that level too 3,000 roughly in the s p but the market who wants to he will is the market . Long onlies want to be long it long short hedge funds will underperform if the market trades lower so momen
Speaking of the public market, New York Stock Exchange president Stacy Cunningham discusses the popularity of direct listings and the atmosphere in a delayed wework public listing world. First, our top story. Facebook has discovered four separate misinformation networks, three to iran and one to russia. Zuckerberg says it shutdown the networks as part of an effort to counter foreign influence campaigns. This was on a press Briefing Call early on monday. Zuckerberg also addressed a bloomberg scoop in which he privately recommended several potential hires to the campaign of Pete Buttigieg. This should not be taken as an endorsement. We have several mutual friends from college who introduced me to pete a couple years ago. I did a Facebook Live event a couple years back. It is widely known that i met him. And when a number of colleagues who i had worked with at facebook or my Philanthropic Foundation were interested in working there, they asked me or my wife, priscilla, to send over their
Headquarters thanks as always good morning, welcome to squawk alley. It is 11 00 a. M. At the United Nations headquarters in new york 11 00 a. M. On wall street, and squawk alley is live good Tuesday Morning welcome to squawk alley. I am Carl Quintanilla with Morgan Brennan and jon fortt at post nine of the New York Stock Exchange were going to begin with wework founder adam newman has started talks with Board Directors and investors on his future with the company. This comes after vanity fair says he met with jamie dimon how to get the ipo back on track joining us to discuss the latest in that saga, good morning to you both stephanie, ill start with you what do you think . Is adam neumann poised to leave the company, does the board have the ability to make it happen . Theres a lot of stuff in play now i think adam neumann needs to think of whats best for him and the company and other shareholders i suspect that in addition to talking to board members, he probably needs to be doing som
And slackjawed. Slack slumps after Earnings Reports. This week, china and the u. S. Announced facetoface negotiations and that aimed at ending the tariff war will be held in washington. Skepticism on both sides for true progress remains high. This follows president trumps 15 tariff that became a reality last sunday, dragging apple further into the trade war. While the flagship iphone is spared, some key products are not. Namely, airports, apple watch, home pod, and imac. Guests joined us to discuss on tuesday before the latest round discuss on tuesday before the latest round of talks were announced. Apple is like you pointed out, the clear one. Any company that has manufacturing in china is there. But what is potentially more interesting than that is its starting to kind of spill over into other industries we felt had assumed were more resilient or tariffproof. Auto desk is an example. An Enterprise Software company, it is recurring, everybody thinks of that as being very defensive, bu