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
Airbnb expected to go public this week. Analysts saying it will surprise above its target despite all the headj winds the travel industry is facing. Well explaint iwhy ase xdp lunch starts right now. Thank you, ty the dow pullingqback but still above 30,000 only six dow stocks are higher right now. Teq apple is one of fthem the dow industrialso so far today as well as theee nasdaqe pos t composite and russell 2000 each have hit a record high intra day despite the fact the the dow is lagging, only up 5 and 13 gains over here for the Overall Index for the russell 2000 look at other parts of the market were also watching as well look at the semiconductor. Dze cord highsf pushing the semiconductors, possibly a leading indicators for the rest of the markets and another set of record highs tesla. Billion, would make it close to around the sixth biggest stock in the s p when it eventually goes in. That happens before the open of business on december 21ste1. And perhaps Short Co
But also goes to deminion and other thicks. I would like to file one nice beautiful lawsuit, talks about this and many other things with tremendous proof. We have affidavits, we have hundreds and ups of affidavits. Maria we will be talking about this all morning. Hear from georgia congressman doug collins and carter payment who filed a lawsuit against fbi on friday and scott terry all coming up this morning. Markets pointing to a down day on the final day of trading day for november. The dow industrials showing a decline of 160 points. We are wrapping up a great month for markets in the month of november. Sea of green. Dow industrials up 1 3 . Retailers to give you the best deals of Holiday Shopping season. Everything that you need to know coming up. Plus legends of rock for a price, items from the worlds greatest musicians going up for auction. We have a look at them. Mornings with maria is right now. Maria check european markets this morning. Dax index in germany higher by 47, third
And working on social welfare issues close to 30 years and those of you who have read my writings know that if you most traditional Welfare Programs have been selfdefeating and have done a great deal of harm that is intended to help i found it fascinating pp on people are happy to criticize but to do welfare for the wealthy and then to have less criticism and less disapproval than those that try to help those that most need the help. Then the freeways people that are millionaires or billionaires. One is wellintentioned although not very effective so with that said we have an interesting form today talking about a new book that is available on amazon called welfare for the rich. And that is on sale right now and amazon. And then beyond that i will turn it over to our guest and show harvey is the founder former ceo and a Charitable Group with familyplanning issues around the world and the head of d kt Liberty Project which is a prominent defender of free speech as an entrepreneur and phi
Good Tuesday Morning welcome to squawk alley. Im Carl Quintanilla with jon fortt. Its a mixed fwoog day retail earnings, amazon pharmacy, covid19 restrictions, fed speak. Were going to begin this morning on capitol hill as both Mark Zuckerberg and jack dorsey testify before Senate Judiciary on censorship, suppression, and, of course, the 2020 election our Julia Boorstin is monitoring this and can tell us what happened so far. Julia . Well, carl, senator Lindsey Graham focusing on what he sees as a need to revise section 230, thats the rule that protects social media platforms for legal liability for content. He says facebook and constituenter wetwitter were making editorial decisions and far more transparent standards are necessary. He called out the Mental Health risks associated with social media use. On the other side of the aisle, richard bloomenthal, he is calling for breakup of the platforms. Mark zuckerberg supports change to section 230 dorsey pointing out they need to walk a f