Good morning, it is midnight in beijing its 11 00 a. M. On wall street and squawk alley is live. Good friday morning welcome to squawk alley. Im jon fortt with carl quintanilla. Its the end of cloud week on squawk alley. What a week its been. They have brought news on custom chips, Machine Learning and more sales force announced plans to buy slack for nearly 28 billion in the second largest Software Deal ever. Weve had ibm and microsoft weigh in snowflake and others have turned in blah earnings well hear from the ceo this hour what does it mean for investors already sky high investor malic noijoins us now i cant believe we never had you on squawk alley before i hope this is a trend i want to start with sales force slack. I know that you have known stu butterfield for a long time, even before flicker was a hit. You think this very expensive deal makes sense why . So lets remove the price out of the equation. I think what youre looking at right now is in 2020, we have gone from the idea
Be officially called by the fox news decision desk. Those five are pennsylvania where i am, georgia, nevada, North Carolina, also alaska has not been called. The Trump Campaign is mounting a number of legal challenges in these states. The Biden Campaign calling the legal challenges meritless. Well get into both sides on that. Look for a moment at current vote tally in pennsylvania, as counting continues throughout the day, the margin between President Trump and Vice President biden has continued to narrow. President trumps leads with well over half a million votes, just over 100,000 votes as mailin votes continue to be tallied in places like philadelphia. Here in harrisburg, we had protesters out on the streets on the steps of the state capital. A number are still there behind me right now. They have been chanting things, stop the steal, stop the fraud. Well talk about those challenges, the legal challenges on the merits from the Trump Campaign but also keep an eye on the other story,
Down almost 3 at one point. Jack ma said to surge up the wealth table after a mega dual ipo. Expecting to raise almost 35 billion in hong kong and shanghai viewed Sheldon Adelson rolls the dice in las vegas. He is said to be extorting the sale of his flagship casino which cost more than 6 billion. Shery lets get started with a quick check of the markets right now. We are seeing u. S. Futures opening pretty flat after we saw u. S. Stocks falling the most in the month and the regular session. The s p 500 down 1. 9 . It was the biggest drop since early september. We have the ongoing fiscal stimulus impasse, now on its third month. We also have surging coronavirus cases. Boeing falling on chinas plans to sanction the company over sales to taiwan. We have the u. S. Approving another potential 2. 4 billion of antiship missile fuel to taiwan. The vix closing above 30 for the first time in almost two months. We saw strength in the u. S. Dollar. Take a look at oil prices. Wti rebounding a littl
Well come to you tomorrow today the science show on d w. At the risk of sounding corny id say todays show is about me not as food for people or animals but feel to generate electricity. This share of energy from renewable sources is growing every good especially in asia. Europe and north america. Most of the energy is produced from biomass from Something Like me. But the other sources on doing so badly either. However ive come under a lot of criticism recently why see for yourself. This field is lush and green but in a way. Its a desert a desert of corn planted to produce biofuel fields like this cover more than a 1000000 hectares in germany corn provides hardly any food for insects biologists say thats one reason for massive insect die offs. When committed by 90 you cant generate biodiversity with a single type of plant a monoculture so you need to sow a range of different plants to get a range of insects it just doesnt work with corn it was the hope and. The idea is to replace the co
From the hospital as soon as today despite conflicting reports from doctors on his treatment and health. Markets recover from fridays riskoff term. France reportedly plans to shut down bars in the paris region as part of new coronavirus measures to be announced today. They warned of a tough winter ahead but equity futures shake off europes spike in infections. Agman Fertilizer Company k s is in advanced talks to sell its morton salt unit to kister group for 3 billion as they propose a review of its indexes including increasing the size of the dax to 40 from 30 companies. Away, just under an hour 60 minutes away, from the start of cash equity trading in europe. Lets take a look at futures this morning. We are seeing green arrows across the board with dax. 75 , and ftse futures gaining almost 1 this morning. If you look at the percent mispriced, we see gains of more than. 5 indicated at the open. Take a look at the u. S. , futures pointing slightly higher this morning, not 1 gains, but m