Inspect a face mask production facility. Its a clear signal hes out and about for the first time in weeks. The markets like this. The opening up, that is. Look first at the price of oil. Th 23 a barrel. Thats because production has dropped sharply, limited supply and the likelihood of a pickup in demand as more businesses open up. The president just tweeting on that literally moments ago. Here it is. Oil prices moving up nicely as demand begins again. Thats the backtowork movement evident in the oil market. Stocks, they are going up, too. Reopening is popular with investors. Look at this. Lot of green, lefthand side of the screen. The dow is going to be up about 300. The s p up 36 and better than a 100 point gain for the nasdaq. Yeah, tuesday, may 5th, a positive tone today, if you ignore the everwhining media. Varney company is about to begin. Stuart lets get right at it. We will bring you an update on the reopening of the country. California and new york, both outlining their plans.
Good friday morning. Welcome to squawk alley. Im kaylee towshe. Rick santelli joins us as well. Carl quintanilla has the morning off. Executive editor kara swisher. Good morning to you too. How you doing . Im in d. C. , actually. All right. Lets get to our top story today. I think well work on karas audio there. Shares of microsoft at alltime highs this morning for the First Time Since 1999, the company beating the street on the top and bottom lines and showing Significant Growth if the cloud. Former microsoft ceo Steve Ballmer joining our friend op squawk box talking about the stellar quarter and a potential acquisition of twitter. I have never, ever, ever wanted to buy twitter myself. I mean, come on. Ive got a good life right now. I dont need to do that. Of course, mike, they asked the question because he is a large twitter shareholder, not just an outside tech observer. Interestingly on microsoft this morning, people are joking that it only took 17 years to get yours. If you were h
Wisconsin mother and two daughters who have a brandnew onlinus paper. We have some great guests standing by, Maggie Haberman, oliver darry, Maggie Haberman and many more. Reporters historians like to talk about the big picture. This Current Crisis is so big it feels almost impossible to zoom all the way out. Thats why its so important to try. One way is by reaching for comparisons, but the current Unemployment Rate is the highest in living memory. Theres nothing to compare it to unless you were alive during the Great Depression of the 1930s. The New York Times tried to capture this Staggering Number on their saturday front page by taking over the right side showing the dramatic change in employment by taking up the front page that way. Look, its a time to be creative, try new ways to tell the story because the economic crisis and the Health Crisis are both daunting. The death toll in the u. S. Is nearing 80,000. The those are just the cases we know about. Most experts believe thats an
supporting this hour of television for these last 11 years, and i want to thank the last word staff led by izzy povich, now led by melissa ryerson. and i want to think phil griffin, and rashida jones was deciding this show is something this network should keep going and caesar conde thank you all for reporting this hour we really appreciate it that is the last word. the 11th hour with brian williams starts now and good evening once again. day 251 of the biden administration indeed, this back-to-work monday heralds the start of a critical week for joe biden and a presidency, let s not forget, not yet a year old tonight s senate republicans led by mitch mcconnell blocked a bill that would keep government from shutting down in three days and allow it to keep borrowing
reflection on your life, don t judge your life. you don t know what s going on behind that picture. i ve taken a lot of pictures and i was absolutely miserable, but i have to let the world know that i m happy. snap out of that. i wish people would tell young girls it s not real, it s a mirage, a collection, a digital photo album. tell young girls that and women over 40 as well, right cristela? we can all probably use that lesson. cristela, i want to come back to you because i want to talk about this request, a request from congressman joaquin castro. a congressional watchdog group found that despite making up roughly 18% of the rest of the work force, latinos only made up around 12% of the media industry from 2014 to 2019. now, i do want to say that we are led the nbc universal chair caesar conde has made a