Good thursday morning. Welcome to squawk alley. Im jon fortt with carl quintanilla. It is cloud week on squawk alley. If you were betting against snowflake, wur oyoure out in t cold this morning. That stock up is 12 same for Cloud Security and authentication specialist okta were going to talk to the ceo to see if this thing may stabilize from here or go higher splunk, that is the sound of a cloud stock dropping 22 after missing Sales Guidance for the third quarterer in quarter in a row. All this happening as amazons cloud conference is in full swing. Salesforce announced the second Biggest Software acquisition ever and we started the week on squawk alley talking to ibm president Jim Whitehurst who came to big blue in what and is still thelargest Software Acquisition ever redhat driven by a hybrid cloud. Julia, investors are betting on further growth from already heady levels we can certainly see that in what is happening with snowflake this morning it is reapproaching the highs that so
Secretary of state well get insight into who these people are, more importantly, what they mean for you, and the country. And of course, theres more than one way to takeaway your guns. Just make them too expensive to own and to use. The biden gun tax well get reaction from liz peek on that and so much more on making money. Well so the markets open higher and a could am but nation of factors right theres of course more good news on a vaccine front from astrazeneca they received emergency approval and then the start of trading the u. S. Services pmi came in well ahead of consensus and really encouraging highlights the steepest expansion output since march of 2015 the fastest new increase in order since september of 2018 the strongest job growth since Data Collected in the series going back to october of 2009 and the strongest Business Optimism since may of 2014 and take a lack at this chart, ladies and gentlemen. It is called a super v and its all good stuff and then we might add the upt
David hawkings is the editor in chief. There are leadership elections. Explain how they go about the two parties electing their leaders and can we see any changes . We will see some so, they meet in caucuses, different causes. No surprise here. The things are happening a little bit differently this year because of the pandemic. The Democratic Caucus which is happening the first of the meetings is happening today. There is a virtual opportunity for members to stay home, stay in their districts and cast the votes in the upcoming leadership elections using a secure app that the democrats have come up with. We wont see any changes at the top. The republican leadership, kevin mccarthy, steve scalise, maybe, maybe not liz cheney, thats staying the same. Were not seeing any changes at the top there either. Remarkably long run of nancy pelosi as the leader and jim clyburn of South Carolina as number three, thats all continuing. Thats continuing for a into a 16th year. Its a remarkably long run
In this country and its very difficult to prove that somebody supported at terrorist organization so you have to trace the money you have to trace phone calls you have to actually with just phone calls to the suspects and also they use al uses they use money mules meaning people who transport the money to them so it is very crucial that you build this case meticulously cant afford to make any mistakes otherwise people in this country they lose trust into the judiciary system so the threat of a coming off of coming out shabaab attacks in this country it is very present so if you talk to kenyans they say you know its not a question if theres going to be a next attack but when. I was mario in the robie or the winner of the prestigious nobel prize in chemistry has been announced in stock on this year the prize goes jointly to the french scientist emanuel shop until you and jennifer dude know from the u. S. For the development of a method for genome. For all Swedish Academy of sciences said
About russian interference in 2016 with republicans and democrats still debating of those investigations were handled properly four years ago and if you do the right conclusions about russian actio action. Your book opens with a scene paid for the delegation and after the election to brave trump entertainment there is a deep partisan divide in congress was the inevitable given the politics of the moment or should something have been done differently . I was asked to brave the gang of eight usually is a members of congress the house and senate who are entrusted with the most sensitive secrets and intelligence the us community has so i went to brave the eight of them. There were is a very strong concern in a curious reaction on of six of those individuals was senator feinstein as well as adam schiff and concerned with they were hearing what the russians were doing and speaker of the house also took the information very very seriously also the cia and to look into this matter to find out