Your money as you consider whether you should buy this stock as well. Ive got great guests today to go over 24 as welthis as well the Investment Committee is here as always. And were anticipating the ipo and jon fortts interview with Frank Slootman leslie picker is with us too and steve, you wanted an allocation and you didnt get it, but you why did you want a piece of this action well, i readprospectus, a strange thing to do for a great deal and the growth is phenomenal when they cite their retention rate, it is 158 which means that they are upselling, their accounts are taking on more are product. So i love the cloud. This is ai for the cloud it has a blue chip list of clients of accounts. So why wouldnt you want it. You dont find that growth anywhere and so everything checked on the box. So maybe if brad will give me some of his, well continue our friendship looking forward to that. And i have Pete Najarian who called in who is unhappy as well you wanted a piece of this too and you
Good thursday morning, welcome to squawk alley. Stocks did take a leg lower at the open the s p bounced right off of the 50 day well watch that closely but were off of the low levels of the early session. Here is the president yesterday on oracles deal with bite dance stands you said it was important that a u. S. Company buy tiktok. Were going to find out about that were looking at that from the standpoint of bitedance. We dont like that conceptually we dont like that. That has not been told to me yet. That has been reported but not told to me speaking of reporting, david faber has more of that for us. Not a lot of insight on that key question siting a source close to the deal, the conversations, that have been ongoing for awhile now. The president is most likely to make a decision in the next 24 to 36 hours. Not likely today, but prior to the weekend, im told, by someone familiar with the situation that he will make a decision as to the future ownership of tiktok here in the united st
Public. Deciding that the scrutiny directed toward him had become too much of a distraction. The resiliency of facebook, despite the backlash over big tech. I get that. Im not the ideal messenger for this right now. We have work to do to build trust. What does the future hold as we head into 2020 . A special edition of Halftime Report in San Francisco, begins right now. And we welcome you to 1 market we have a great lineup today were going to be joined exclusively in a little while by snowflake chairman and ceo Frank Slootman as he prepares to take the Company Public in the year ahead. Frederick kerrest, the cofounder of okta, that stock up more than 90 this year were joined by Brad Gerstner who helped us take stock of whats happening in the valley throughout the year. Deirdre bosa is with us, covered the ipo and Venture Capital markets closely as anybody its great to have both of you here so brad, interesting year to say the least. Uber, lyft, they go public wework blows up. What do y
Testimony on the department of defenses fiscal year 2018 budget request. We welcome secretary mattis, chairman dunford, secretary norquist and thank you for your many years of distinguished service and your leadership of our men and women in uniform before we begin. We all want to acknowledge the service and sacrifice of Sergeant Eric houg, corporal dylan baldridge, these three soldiers from the armys 101st Airborne Division were killed this weekend in afghanistan. The thoughts and prayers of this committee are with their loved ones. The sacrifice of these heroes is a painful reminder that america is still a nation at war. That is true in afghanistan where after 15 years of war we face a stalemate and urgently need a change in strategy and an increase of resources if we are to turn the situation around. We also remain engaged in a Global Campaign to defeat isis and related terrorist groups from libya and yemen to iraq and syria where u. S. Troops are helping to destroy isis and reclaim
We are so far from being out of the woods here in new york city, still the epicenter. Ed the opposite approach to what President Trump is taking to discuss the federal response. Joins us live from the north lawn, good morning putting some meat on the bones, the stock process saying the number of coronavirus cases is strongly trending downward throughout the United States with few exceptions. A very good news indeed. The latest statistics to show, but the peak is still maddeningly slower. In video poker limited operations, florida and texas gyms and Fitness Centers and some other businesses can reopen. Vermont retail stores, minnesota the same thing with a lot of restrictions on those. New hampshire restaurants may offer that is a big step forward for them as we get into the nice weather in South Carolina, some businesses can reopen as well as public and commercial pools. The white house says that the federal government stands ready to offer expertise and support to do it. The hhs secre