Child for antitrust how it could become the post posterchild for a market pullback time to risk less. Theres a growing sector of the bank any time theres a growing activity in the banking seccer it to could be time to take a breath carter thats right, with the bump up in rates, regional banks have come back to life in a big way theres been m a in the Asset Management space so were going to look at some of these areas of the market in relation to the republican and zero in on blackrock the first chart you have three lines even though it looks like two. The top line is the s p. The threeyear chart, s p up 38 . The two other lines are tightical and two separate Industry Groups in the s p the first is s p 500 investment banks and brokers, thats goldman sachs, Morgan Stanley and others and the other is s p 500 Asset Managers and trust banks, things like t. Rowe, blackrock, invesco, state street and so forth imagine on a threeyear basis having no gains. Look at a chart since the financial cr
Is live. Pump up the jam good friday morning welcome to squawk alley. Markets still in the green pinning hopes to stimulus talks. Were watching headlines best week so far this morning, jon, in two months for the dow yeah. And in tech this morning, carl, hey, weve called it out here on squawk alley before. Today amd eyeing xilynks amd is a 100 million market cap down 3 on a 30 billion deal. Investors are giving this blessing a few different trends here. A hot of Tech Companies have richly valued stock to play with there is pressure to answer and three u. S. Restrictions are hurt something chip makers like xilinks and theres no end to that in site good morning, guys pat, are you surprised not a the hoff overlap here. So in that sense, maybe this deal isnt at risk but, hey, not a lot of overlap here. So maybe this is risky the. Yeah. The so as you said before, amd needs to grow. When i look at valuation, im sure stacy will will weigh in on this, it had to do something organic growth isnt
Technology companies coming up in front of congress. We know that Mark Zuckerberg will be taking questions and even delaying earnings. Taylor we are speculating here. We dont know why they have not confirmed that but we assume they are those hearings delayed from today. Stock Market Reactions, so priced to perfection. Unless you are revaluing them, the strongest Balance Sheets, because we are in as in a structural change, they are the only Companies Growing 20 with 30 , lets say you get a beat or meeting expectations, the Market Reaction has been a little bit to the downside with some of the smaller Tech Companies. Is Market Reaction post that interesting but a week later we forget about what happens after earnings. Caroline microsoft was down after earnings. Tesla had a big selloff last week. Sherry, we were talking earlier about the weakness of the u. S. Dollar. How much is that starting to have you looking outside of the United States . We had a call for getting into emerging market
People, and we will see an increase in the spread, more than people perhaps think. As of today, more than 2,000 californians have died from the coronavirus. The number of hospitalizations continues to decline. Now to making it in the bay series. A tense afternoon after two women took over a vacant home and protestors gathered to support them. They say they locked into an unlocked door. Protestors from San Francisco came to jane them. They were met with police response. One point, an officer took a woman to the ground. She was arrested. They say they want a safe a place to live in the pandemic. No one has lived there. Its been vacant. I use it to my environment. Is my environment, i needed some place for us to be. Its unsafe for us onhe streets. They were patted down, given a citation and released. Public showed its owned by 455 19th street trust. It might be the largest coordinated rent strike america has ever seen. Millions of people losing their job, tenants are rallying behind the c
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