Byron Wien News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Byron wien. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Byron Wien Today - Breaking & Trending Today
Good morning it is 8 00 a. M. At tesla headquarters in palo alto, california it its 11 00 a. M. On wall street squawk alley is live good Tuesday Morning im jon fortt with Carl Quintanilla back again it is a busy day on wall street with the dow hitting an all time high making another run at 30 k. That comes as president elect joe biden is reporting tapping former fed chair janet yellen to run the treasury department. Tesla is continuing the record run now topping half a trillion dollars in market cap. Making elon musk the worlds second richest person on paper and apple making another concession, carl on App Store Fees a lot going on yeah. We talked about that early moving being the small crack that starts to widen as for tesla, i mean, whether its some of the reports about a hatch back in europe or longer range vehicle ....
Welcome in to squawk alley. Dow down for a fourth day in a row. Have not seen that since february, but the dow repaired some ofthe internal damage the s p went green the nasdaq getting helped once again by a tech trade that seems almost impossible to kill. Even with invidia and the expectations last night. Yeah, in the green at the moment well see where that goes. Were going to start with some controversial ipo paperwork. It was the ipo that was and wasnt, now it is on again it company was one of the most widely anticipated listings of the area then travel grounded to a halt and with it airbnb bookings. Revenue started to rebound by june and july bookings returns to prepandemic levels. This could be a pandemic come back story, but much still has to be written. The main question will be whether or not investors give the startup a pass for this year air bnb had the record to even out profitability and enough cash on hand at one point to consider a direct listing. As losses have widened t ....
New week, jim, with the focus once again on a resurgence of cases in certain parts of the country for the virus. Concerns about china, as well. And then the overall as we, of course, know, expectations regarding the economy and what the impact may or may not be as a result of what i just mentioned. Well, i think that its always surprising to me as someone who i think lived through it like you do that people in some of these states did realize the level of contagion. I mean, this is one when youre in the room with someone who has it, youre going to get it if you touch someone who has it, youre going to get it i dont know, did people feel they were immune i think there was a sense that maybe new york was isolated. I dont think this will be like new york because i think they learned how to treat people. So, i think the big scare of the hospitals being overloaded will only be perhaps some i mean, we had a war zone here in new york. I dont think that will happen there. The chinese situation ....
Points. As the pathogen makes its first appearance in new multiple countries and at this hour, on the canary islands, where 1,000 people are on lockdown at a luxury hotel, the centers for Disease Control saying an outbreak of the deadly virus in america is now quote, inevitable. Health and Human Services secretary alex azar warning we do not have enough masks and ventilators to handle an outbreak. Coming up, medical experts and reporters are at the ready to handle every breaking angle. The surprise chinese stock thats spiking right now, the two u. S. Banks telling their employees to stay away from italy, and talk that the olympics could be canceled. Less than an hour to the closing bell in this final hour. Lets start the claman countdown. Liz we have this breaking news thats not getting enough attention. We are going to give it attention. Even as u. S. Airlines shut down ser ....