Out of 5 segs laeout of 5 segs s out of 5 segs laessions last we. A lot of that potentially around the possibility of vaccines. Well talk to dr. Scott gottlieb about that pfizer already saying that its made several hundred thousand doses of its vaccine they could have 100 million ready by the end of the year if they receive approval. Lets look at whats been happening in the treasury market this morning as well last week you did see those treasury yields under some pressure this morning back a little higher yielding 0. 774 . Thanks, becky busy day ahead lets look at the squawk planner. A group of Oil Ministers are meeting today. Theyll be talking about the weakening demand and increased output by some members immediate action is expected on the economic front, fed chairman jay powell will be speaking at the International Monetary fund meeting at 8 00 eastern time then we have some earnings news. Ibm, the big name to watch its going to be reporting Quarterly Results after the bell of cou
Night because i cant forget welcome to squawk alley for a wednesday morning im Carl Quintanilla with jon fortt, Julia Boorstin joins us for the hour for which were appreciative interview with intel ceo bob swan later this hour later exclusive with nfl commissioner Roger Goodell a lot to get to. Well start with the s p and nasdaq notching another record intraday high. Got 12k on the comp. Former ceo of twitter now general parter in of owen advisers Dick Costello is with us great to kick off the morning with you. Great to hear you all i dont see you. Julia and i did our first live tv interview together back in 2009 when i joined twitter so to julia. Great to hear you. Thats worth celebrating, dick wow. Takes us all back. Youve had some i always tease you about Capital Management and you had some great tips in recent months that the mongo dbs of the world and theyve worked how long do you think theyre going to continue to work . Yeah. Its a great question. I got to tell you, when i was on
We begin with the call from Goldman Sachs to avoid apple, to sell it. John, to you first it is your biggest position. Is this the right call from Goldman Sachs reiterated to get out of apple all right were not hearing jon. Well work on that the steve, youve trimmed a bit of it what do you make of this call. We see apples recent Stock Performance and trading level as unsustainable and will continue to recommend that investors avoid this stock i did trim some a number of months ago its still my biggest position i trimmed it to me, apple is the market right here the stock does not deserve to be where it is but neither does the market and neither do a lot of stocks. I believe youre in front of the companys biggest Product Launch ever, which will be the 5g phone. The market is forgiving lot of the sins if youre looking at purely does it deserve to be here in a microscope looking at apple . No you can make that case on anything im not selling anything let me take that back. I may trim a litt
Halftime report starts right now. Welcome. Its good to have you with us on our wednesday. Jim lebenthal, Pete Najarian and from naples, florida, lizann sonders. Highs of the day, approaching big numbers, dow 30,000, nasdaq 10k, not that far away and cooperman weighing in on the state of stocks, telling us its not time to worry, yet. I would say were in the early stages of knocking on the door of euphoria but not quite euphoria certain parts of the market, like tesla, are in euphoria. Other parts, like energy, are in pessimism. These big numbers not all that far away, pete. All good, the market depends on what were focusing on. Are we focused on the coronavirus . If so, we go down. Generally were focused on earnings and we go higher. Thats where the market has been trading. Yesterday was interesting because apples with a little bit of both, right you look at apple. It was getting pushed down because of their guidance about what they were facing right now, what they were seeing Going For
Welcome to squawk alley. Im Carl Quintanilla with Morgan Brennan an jon fortt at post 9 of the New York Stock Exchange a flat market today but a lot going on we have a lot to get to with our first guest, pinterest moving lower, amazon with a judge temporarily lock bblocking jedia lawsuit. But roku up. Yelp going the opposite way. Mark mahaney joins us live from San Francisco. Happy friday good to see you. Happy valentines day absolutely. Lets start with roku. Your title is stream it loud, stream it proud. Yeah. Whats the important dynamic on this name right now right now its active accounts they grew 4. 6 million, more than theyve ever added before. I heard jim cramer saying earlier today people shouldnt be surprised given the streaming wars people are somewhat surprised. This is a company that can sustain premium, i think 50 ad Revenue Growth for the next several years. They generated about 700 million in ad revenue last year. I think thats less than 1 or just around 1 of total tv adv