And only talk about the virus, the vaccine developments, when there is not much thats new. Why do this at all on a friday evening . I cant answer that. Its good to get out of the house, i guess. Been announcement about pfizer come a couple of weeks earlier, which to be clear, doesnt appear the science would have allowed, im sure we would be talking about a different political landscape. Even with that bad timing. It is certainly an achievement for this administration to have been able to help accelerate some of these vaccines, like the vaccineng moderna into the final stages, and hopefully the level of emergency approval and access to the American Public by the end of the year. That remains a very big deal if it does go that way. Emily can you clarify for the record what pfizers involvement was in operation warp speed . They did not get money from the government, saying they misrepresented the involvement. What do we know to be the truth about that . Question, andeat its important we c
Bounce back in the worth session in more than a month pete, i began with you he said the top of the market was on september 2nd, that the bubble has already popped. Were now in the midst of an enormous tech bubble ipo mania, extraordinary valuations and new metrics for valuation, the more fanciful an distant, it seeps the better the stocks performs. Is he right . Are we in the midst of an enormous text bubble, pete i think we are in the midst of certain sections of text that are definitely in a bubble right now, scott theres no doubt about that. We look at some of these names that have absolutely soared to the up side. We all know those names. Zoom would be the poster child you go across the board and say theyre in the right place at the right time but are they fairly priced or are they a little bit in that bubble area i think many of them are but right now, scott, its about growth and there has been growth and cash and last week we heard wre rick riether last friday and youre looking
Palau. Passed a law that goods being stolen was picked up let me know and on the top of my. Head it is planned. Out. With. My. Last. Hope. That you can look it up at the. Next with. That. Instead. Of please speak up the must bomb germany leg and knowing it is a. Black interaction make the stone man. Come to the. I. Think. A lot of. The stuff in the street. Now to. Me that he says he just. Cant. Seem. To really. Get his to the. Better. I dont need to tell people here in alaska whats happened. Over the past few years ive been trying to make the rest of the country more aware. Of a changing climate where youre already living at. Boeing permafrost that threatens homes and infrastructure faster glacier melt rising seas melting sea ice that contributes to some of the fastest coastal erosion in the world and ive talked to folks whose villages are literally in danger of slipping away. And for many of those alaskans its no longer a question of if theyre going to relocate but when. And my grandf
Steve smith. Good tuesday morning, everybody. It is 11 00 a. M. On wall street and squawk alley is live good tuesday morning, everybody. Deirdre bosa with us we are kicking off one of the toughest months for stocks getting a nice start here as the s p hit an alltime high we continue to watch the large cap tech names that include stocks like zoom and percentage gains that make your jaw drop. Absolutely, carl. Speaking of zoom, i have been calling it the consult of zoom, we have been talking about those incredible numbers, climbing market cap, remember they went public at a 9. 2 valuation. Take a look at these results, this chart says it all the increase, the step up, year over year, the earnings was something to behold. And at the same time, guys, it is our job to throw a little cold water on a quality like following. If you think it can become the next blue chip tech stock we saw in the results last night that it is growing a base of small users and it is making up a larger portion of
A arendarl showing up on a popular Gaming Platform for kids. Who is behind the changes and the companys response. Uhoh. First here is todays eye opener. Its your world in 90 seconds. You can hear the sparks of change in the air. Democrats officially selected joe biden as their nominee for president during day two of the dncs virtual convention. Thank you very, very much, from the bottom of my heart. Thank you all. It means the world to me and my family. The postmaster general is halting operational changes until after the election. It will end up being a rigged elction or theyll never come out with an outcome. Theyll have to do it again. University of notre dame and Michigan State have become the latest colleges to move Classes Online because of the coronavirus. I kind of wish they wo tads. State of emergency for all of california. Wildfires are forcing evacuations all over the lyst field. Over the shoulder catch down the right field line. How about that play . And all that matters. Sh