Good friday morning. Welcome to squawk alley. What a week for ipos door dash making its long away debut and what an entrance they made all of them soaring in their first days of trading. Door dash up 86 air bnb up 113 . Lets get to disney with shares surging after its investor day, carl indeed. Its adding 125 points to the dow. All the streaming and news from last night and the theatrical news lets get to julia disney shares up more than 12 after dramatically boosting its forecast for its streaming Subscriber Base between 300 and 350 million by 2024. Thats up from 137 million subscribers right now. Disney plus is the center piece of this. This comes after the Company Announced the app nearly has 87 million subscribers. Thats at the top end of the growth forecast four years ahead of schedule. And its raising the price for disney plus by a dollar in march to 8 a month. This price increase reflects the investment that the company is making in a lot more original content, including 100 new
Fast jobs will return to sustain that and to turn that into real consumpti consumption. Ron, were seeing spices in coronavirus infection. Were seeing spikes in hospitalizations as well if you looked at trends in other parts of the world, you know, sometimes those do tend to follow the infection rates is it based on an expectation that may not play out. Maybe we were through the worst of this when in fact there is still quite a bit of Health Mandates just assuming we have a Straight Line up into the future i think there is room for disappointment we have higher infection and hospitalization rates. Sadly i think the death rate is followed up by lag im particularly worried about how many states and local governments will have to push the pause button or reverse on reopening efforts. I think there is choppiness ahead. I think it will be until we get here it can be rolled out basically globally tobias, i know you just had a institutional client poll. As we wrap up this Second Quarter, what
Is another one of those mornings where it is hard for me to even construct a narrative. Disney is down, so is netflix. That can change, but there is a lot that is up, especially among the large cap tech names that are higher yeah, on the back of that jobs report, the number is quite good, but 40 of the gains came from the leisure and hospitality sectors. Its a big day for ipos. L lemonade is going public today the indication looks like that price could double on the opening. It is priced at 29 a share it looks to be between 50 and 52. That could be another good shot in the arm for the ipo market. Refreshing lemonade ipo, nice in a is where we will begin talking about the markets this morning. Lets bring in David Rosenberg good morning. Good morning. David, you have called this the no reason no rhyme market. But after this action that were seeing this morning, does today at least make sense . Look, i think the stock market is going to price in a lot of things including a vshaped recover
Center for white house history and have this really long title. Im also the Senior Vice President of Educational Resources at the White House Historical association. We are really delighted just i know youve been thanked over and over and over again but were really delighted to welcome you to the 2018 president ial site summit. This is, as youre finding in talking to each other, education specialists, subjects, and its a hub, a convening opportunity for all of us moving forward. So thank you for supporting us be i being here. Were looking forward to talking with you all more and encouraging you talking among yourselves. Above and beyond, stephanie tuszylnski is over here. We all should be talking to each other. The idea we do things together in the future. Now, our current session, the reason were in this room, im very pleased to open this, is entitled digitization and technology technology, its extremely important to underscore. Youll know. This is your bailiwick. Every Cultural Herit
Experiences for visitors and learners. This conversation features presenters who represent Technology Companies and Museum Spaces as well as individuals with insights to new trends in educational technology. Now, i have the great pleasure of introducing our moderator and a dear friend, teresa carlson, president and chief growth officer of splunk and vice chairperson for the board of directors for the White House Historical association. [ applause ] joining teresa are our panelists, ed okeefe, chief executive officer of the Theodore Roosevelt president ial Library Foundation. Jeanclaude brizard, president and chief executive officer of digital promise. Dr. Jamila moore pewu, assistant professor, digital humanities at california state university, fullerton. And gary sandling, Vice President of strategy and chief content officer of the Thomas Jefferson foundation in monticello. Please enjoy this discussion on history and technology as well as how different digital platforms can be used to