When it begins lets elook at what is driving the numbers today. Millions of americans remain out of work. Could that weakness pressure lawmakers to reach a stimulus deal we will see. Negotiations are under way as we speak. The dow up some 200 points or so two thirds of a percentage with 59 minutes left in the trading week kayla. Wilf, it is great to see you on this friday afternoon coming up on the show, door dash and airbnb ipos to come next week and a big test for appetite of some names in growth tech speaking of high growth, scott cutler, we will get his take on the e competition in apparel and sneakers mike santoli has the market covered. Ylan moi is tracking the latest movements on a stimulus deal and we will dig about sboo the jobs report with Dana Peterson. Mike first to you. What are you seeing behind the charts. Almost all news translated to good news for the market in this current mood that investors are in if you look at a fiveyear chart. Decided to broaden it out here more
Good morning it is 8 00 a. M. At tesla headquarters in palo alto, california it its 11 00 a. M. On wall street squawk alley is live good Tuesday Morning im jon fortt with Carl Quintanilla back again it is a busy day on wall street with the dow hitting an all time high making another run at 30 k. That comes as president elect joe biden is reporting tapping former fed chair janet yellen to run the treasury department. Tesla is continuing the record run now topping half a trillion dollars in market cap. Making elon musk the worlds second richest person on paper and apple making another concession, carl on App Store Fees a lot going on yeah. We talked about that early moving being the small crack that starts to widen as for tesla, i mean, whether its some of the reports about a hatch back in europe or longer range vehicles or just enthusiasm over the ev space as we gheet into a Biden Administration on top of the gm news yesterday, jon. So there is a lot happening in the ev space and then m
And your comments a moment ago to andrew, just sort of crystallize, not just what a job shes done, but how companies are placing their bets on looking through cycles, even though were a week away from an election and in the middle of a pandemic. You have somebody the quality of lease why isa su, best ceo i country, nonpromotional, re competitive thought this was maxed out. Youre in the personal computer and data center, it is not good enough she saw what happened to intel i dont say that with any prejudice. Just that she left intel behind. She is in the data center, who is she who are her clients . Azure, google, and, of course, amazon but it is time she feels it is time to branch out into auto, time to branch out into defense into telco when you look at xilinx, what youre seeing is a mosaic where there is some overlap in data center, but the rest is an attempt to say, you know what, we need a bigger total Addressable Market we have to outgrow our markets right now. And i think it is a
Match day 6 played out over halloween weekend and there was certainly a spooky atmosphere at stadiums which were nearly empty due to spiralling cold cases with germany going into lockdown and several months of these go schemes are on the horizon. A scary prospect for clubs who have already taken a huge hit in the pandemic and silent stadiums wont help the players produce crunching schedule either. Speaking of which germanys best teams usually inspire terror in your opponents but 2 back to back Champions League match days meant that they were missing key players this weekend byron rested robert levy for their trip to cologne despite the striker being in the form of his life. Dortmund were also missing their top forward against bielefeld early in holland sneak up to travelling. So how do the elite club. The rest without their goal machines will show you who stepped up. But 1st we take a look at what happened when too many other too we plan to clap back faces like this saw some of the big
Cases with germany going into lockdown and several months of these ghosts games are on the horizon. A scary prospect for clubs who have already taken a huge hit from the pandemic and silent stadiums wont help the players through this kind of schedule either. Speaking of which germanys best teams usually inspired tara neer opponents but 2 back to back Champions League match days meant that they were missing key players this weekend byron rested robert levy for their trip to cologne despite the striker being in the form of his life. Dortmund were also missing their top forward against peel a felt early on hollands me kept him from traveling. So how do the elite clubs beat the rest without their goal machines well show you who stepped up. But 1st we take a look at what happened when germany other 2. Crimes meth lab back this is like this some of the biggest biggest finest players clash we start with the top game in the back. Of the. Expectations are high winds who have germanys top clubs