Dus good Tuesday Morning i spoke with aws ceo exclusively last night covering a wide range of topics. Youll hear about all hour including Data Warehousing and the emergence of snowflake in that space which by the way runs on aws heres what jasy said about whether there is room enough for snowflake and aws sorry, snowflake competitor from aws red shift in the market. I think its unquestionable that theres room for both snowflake and red shift to be very successful and grow to be very, you know, a lot larger than both of them are today. We launched redshift back in 2012 and it was the first Data Warehouse built for the cloud and continues to be the largest Data Warehouse in the cloud. And, you know, snowflake built a Data Warehousing offering as well that is also strong offering and largely runs on top of aws we work just as hard for snowflake in trying to make it easy for people to use redshift. From our perspective, if customers want to run on snowflake for their Data Warehouse on top
Anticipated ipos cnbc confirms that doordash and airbnb is expected to release the valuations in the upcoming s1 amendments and particularly door dash seems to be employing a technique that weve seen before from epic in doing this ipo pricing process and also getting quite bate of interest because of the pandemic right with so many more options like a three main options on the table now to go public, its interesting that door dash is forging its own way, elements of the traditional ipo with an auction process. Carl and jon, what is interesting about these two ipos, they were talking about this earlier, i heard leslie say something, benefitting in different ways from the pandemic also the strategy. They went to local smaller markets, particularly doordash going to the suburbs but, carl, you see airbnb, there were not many options to go to hotels or get great lodging in the smaller places thats all people want to do now. The they want to avoid the big cities and go, you know, outside of
Im jon fortt. The dow is down. 5 with walgreens and boeing leading to the down side. The nasdaq still slightly in the green. Looking ahead to a huge week tech investors need to be watching cloud, software, devices, and fitness in cloud, the period beginning next week is a time of peak demand for amazon even more so this year. In software, retailers going to need targeting tools from Companies Like adobe to bring shoppers in and keep them loyal. Devices, pcs and con soles are going to keep us watching the likes of fit and in fitness in we cant hit the gym after all that pie, are we going to hit the peloton . Thats the question . Thats a good question. Or my personal favorite, a club row class. Its a good question, john particularly as the opportunity to go to a physical gym, that is diminishing as we see cases rise across the country and more restrictions or, you know, partial lockdowns. But as you lay out the themes, im thinking of some of the companies that have spent the last, you kn
Crucial states. Markets are proceeding very cautiously. They are mixed at this hour after the dows 650point monday meltdown. We are only adding to that right now. Getting a little uncomfortably close to lows of the session. We are down 185. The low is a loss of 196 at the moment. You can see the s p is down seven but the nasdaq is holding on to some green here, up 50 points. No surprise, then, that megatech is powering the markets leaders. Could all that change tomorrow, when the top brass from facebook, twitter and google face the music in what is expected to be a contentious capitol hill hearing . Senator roger wicker is the chairman of the Senate Commerce committee. He will tell us what he needs to hear from Mark Zuckerberg, jack dorsey and sandar pichai. And breaking news out of tmobile. Forget telecom and 5g wars. Tmobile Just Launched a dual attack on cable and streaming leaders. Tmobiles ceo is here to unveil his brand new weaponry of offerings that has the stock moving higher a
A. M. At google headquarters in california 11 00 a. M. On wall street and squawk alley is live good tugs morniesday morninm Carl Quintanilla very busy morning in the markets today. We try to get back to 3440 or so q3 earnings a part of the big news stimulus watch, well learn more in the coming hour or two. But were going to begin in washington justice files this landmark antitrust suit against google and we have more on that im still working many i way through this 64page lawsuit that the Justice Department has filed against google in which the department allege thats googlesant w anticompev behave wror is going on for years and still going on and it may be getting worse in the complaint, the Justice Department writes that google entered into exclusionariy agreements including tying arrangements and engaged in anticompetitive lockup and block rivals the Department Says google has taken a page from microsofts playbook to sustain the monopolies and even instructed blows not to use words