Welcome to squawk alley. The at Home Technology story continues to deliver big you can see there sonos up 26 this morning after strong earnings want to talk to the ceo in a minute and nvidia also delivered solid results on pc and Data Center Demand beating on both earnings and revenue. Sales up 57 from the same period last year though its lower this morning on modest guidance second biggest gainer on the s p 500 year to date though. Julia, its really interesting how, you know, stay at home stocks maybe suffering a bit but some of the Underlying Technology driving some of that action doing quite well well, jon, one stay at home stock that is not suffering today is roku. That stock up over 6 . Driven in part by the circulation of reports saying that roku could be near a deal with at t to have an agreement for hbo max to be included on roku which would be a big deal and speaking of hbo max, i have to mention that news that wonder woman 1984, the big wonder woman sequel that was scheduled
People are useeto saying whthe cure, wheres the therapy . Weve had vaci we know how to make vaccines for a lot of things but weve never tried to do it with the clock ticking like this. Woodruff all that and more on tonights p newshour. Major funding for the pbs h newshouras been provided by when the world gets complicated, a lot goes through your mind. With fidelity wealth managemendv a dedicatedor can tailor advice and recommendations to your life. Thats fidelity wealth management. The william and fra hewlett foundation. For more than 50 years, advancing eas and supporting institutions to promote a better world. At www. Hewlett. Org. With the ongoing suppor and individuals. Tions this program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Oodruff the covid19 pandemic in the u. S. Is generating both despair, and hope tonight. Total infections have soared over the 11 million mark nationwide, but th
And we lead the program with the latest development in the treatment of copa 19 in the u. S. Food and Drug Administration on monday authorized emergency use of eli lillys experiment mental antibody treatment. Thats balm let me be mocked the f. D. A. Said the emergency use authorization was given based on Clinical Trials showing the drug reduced the need for hospitalization or emergency room visits and high risk tobit 1000 patients now the regulator added that it can be used now for treating patients over the age of 12 with mild to moderate symptoms but cannot be used for patients who have been hospitalized due to cope at 19 lilly is hoping to supply as many as 1000000 doses of the treatment in the 4th quarter of this year now the u. S. Government previously made an agreement with the drug maker for the early supply of the medication on the news lately stock was up as much as 4 percent throughout the day. And following the news that pfizer bio and texaco but 1000 vaccine candidate showe
[inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] supporting others. It goes a long way, reducing the debt. [inaudible conversations] can you hear me . [inaudible conversations] good morning, you are with us today. Good morning. Will a [inaudible conversations] will subcommittee will come to order. Welcome to todays hybrid hearing. Most numbers will appear remotely by webex. I may be the only member appearing at present though all three witnesses are appearing in person and appreciate that. Since many members are appearing, let me remind by pursuant to the latest guidance, all individuals attending in person must wear a face mask. I am wearing mine except to make this statement. Members not wearing a facemask will not be recognized was let me make a few reminders to those appearing in person, actually they are not. A timer is visible directly in front of you. All members appearing remotely, youre familiar w
Twitter and facebook scheduled to testify before the Senate Commerce committee on wednesday. Examine whether that content liability shield section 230 is still relevant and needed. This is one of the days in the market, im not sure what is happening in the overall dow matters so much to the tech story. April sl about flat on some promising iphone 12 order lead times. Then if you look it at the nasdaq zoom is up amazon, etsy maybe thats some halloween eagerness. Yeah, a bit of a mixed bag today, jon you have the stay at home names you mentioned. Tech broadly lower weve got that doubleheader again this week. A hearing following by earnings from the Big Tech Companies. And its interesting, looking at facebook and alphabet this month, theyre actually outforemaniou outperforming the big tech names. Alphabet is up 8 . Facebook up 7 again, we see the theme. The pressure is on in terms of antitrust and regulatory scrutiny yet, the stock prices not really reacting those are the two names that h