In 2020. The mcrib is back. We will give you the juicy details. The nasdaq and dow gained. Alphabet soared to a new record as we kick off the final months of this year do you keep with the big tech trade . What does that mean what he is getting himself into. James mcdonald, i want to say on the sides and behind the cameras, welcome i know we are thrilled to have you and cnbc is thrilled to have you. And i know melissa lee is tlo d thrilled to have you because i believe you both attended harvard. Maybe he didnt hear me. He said thank you a lot of stocks specifically google, has been carrying finerman for years but can these continue higher, yes. Although i am skeptical on the broader market, google has been steadfast. They had an amazing quarter, huge run post earnings so we said that night that despite the 12 or 13 move, the stock was probably cheaper then than in the past 24 hours. It is only trading 28 times next years number with a huge cash forward and probably 21 or 22 growth so t
Pfizers chairman admits that theyre not sure if someone can transmit the virus after vaccination. And call it a box office reset, warner bros. Will release films simultaneously in theaters and streaming platform hbo max it is a seismic change, carl, in the economics for those related to the film business and well certainly be willing to and happy to take a closer look and discuss it. Yeah. Fascinating change in the economics there. But, guys, jobs numbers, the story of the morning, jim, not just the number itself and the trend it outline, but the degree to which it is going to color the debate on capitol hill today and maybe next week. I think it is enough ammo to say, look, we have to do something, there is some areas of the economy that just are cannot be sustained. Dont forget, these numbers are ahead of what will be a gigantic eviction notice that more than maybe more than 13 Million People get in january. I think this number is just enough to be able to say, lets compromise it is
Down days for the markets. Right now s p down by about 11, dow by 96, nasdaq off by about 47 we were so close to you dow 30,000 earlier in the week, but that seems to be slipping away a little bit 29,400 and change is where the dow is right now and again, down two days in a row, down again this morning and after yesterdays declines, all three of the major averages are in negative territory for the week a lot of things happening with covid and well talk more about that in a moment, but some of those concerns creeping back into what you see in the markets. If you are looking at the treasury market, the yield on the ten year right now is sitting just at about 0. 852 and the vix also spiking yesterday, probably a little bit on concerns about what happens as we go back into some of the lockdowns. The seesaw of good and bad news on covid. And well give you a bit of good news that happened overnight in the vaccine wars developed by the university of oxford and astrazeneca found to be safe. An
Now, is that right . David over the past 15 years, one of the most successful ceos in the world has been bob iger. He led disney to its greatest heights, increasing the market value by 400 . He did that through acquisitions of 21st century fox, lucasfilm, pixar, and Marvel Entertainment. What is he going to do next . During the time that you were the ceo, the stock market value of the company went up about 450 and the market my big regret is that i didnt back you and buy stock, but you must be very pleased with what you accomplished. Proud would probably be the right word to use. I inherited a company that was renowned and had been quite successful, but had also gone through a period of difficulty. There was a lot of work to do. To not only improve the company, but to ultimately leave the company in great hands for my successor. David you werent as successful in leaving the company. You wanted to leave a few years earlier and the board said you had to stay longer. Why were you so good
And Andrea Mitchell from msnbc and nbc news is my pleasure to welcome you just might anniversary of the National Book festival presented by the library of congress we are thrilled to have our authors David Rubenstein has authored a new book how to read and it is an extra ordinary conversation the leadership that makes people believers very special people David Rubenstein domestic policy advisor private equity firm and history buff and the philanthropist you saved the great panda and brought the magna carta to the archives is willing having a very Popular Television interview show. I didnt feel i was good as a leader so in the book i really went out to the most famous people that i could those in the business or culture or the arts or sports that is a summary of what they told me of what it takes to be a leader. And to get more specific tell me where you found and that connective thread among them . Persistence is number one. Nobody has ideas that are so brilliant they say yes that is g