Good thursday morning. Welcome to squawk alley. Im jon fortt with carl quintanilla. It is cloud week on squawk alley. If you were betting against snowflake, wur oyoure out in t cold this morning. That stock up is 12 same for Cloud Security and authentication specialist okta were going to talk to the ceo to see if this thing may stabilize from here or go higher splunk, that is the sound of a cloud stock dropping 22 after missing Sales Guidance for the third quarterer in quarter in a row. All this happening as amazons cloud conference is in full swing. Salesforce announced the second Biggest Software acquisition ever and we started the week on squawk alley talking to ibm president Jim Whitehurst who came to big blue in what and is still thelargest Software Acquisition ever redhat driven by a hybrid cloud. Julia, investors are betting on further growth from already heady levels we can certainly see that in what is happening with snowflake this morning it is reapproaching the highs that so
The futures indicated up about 322. The decline of 30 points futures point to bigger gain at the open of about 30 points. The nasdaq is open it is very early we have seen a lot of volatility lately lets look at what is happening in the treasury markets. Wti said the july contract that is the active front running Contract Trading above 22 a barrel one point of favor for the bulls on this. The 10year at 0. 698 . Andrew thanks, becky we have a huge lineup of guests. We keep saying a huge lineup but we do. It is crazy. Joining us exclusively this morning is walmart ceo, head of cocacola, james quincy, another exclusive with the new ceo of united the ceo of lonza that is partnering with moderna. A huge three hours ahead lowes, wow. Adjusted net 1. 77 the estimate was 1. 32 look at the stock. Up almost 4 home depot yesterday which was part of the reason that dow fell was because of home depot. Same store sales up 11. 2 . Dot com sales rose 80 lowes is going to invest quite a bit to support e
Were going to discuss all right its time to boost your news i knew. The right directly tween the United States and iran is heating up even more today threats are being volleyed from both sides after a Close Encounter at sea for more on increasing fears for a full on battle breaking out between iran and the u. S. Our teams Rachel Blevins is joining us from the news room with more to this rachel well manila does not appear that either the United States or wrong is backing down following a dispute in the persian gulf President Trump said he stands by the order he gave to the u. S. Navy and if any iranian vessels get too close to an American Ship he expects the navy to quote shoot them out of the water we dont want the room. In our budgets and traveling around our boats and having a good time we dont want him anywhere near a bus and say you know the order it gave it all they got to say it again but ive given that order its a threat when they get that close to a vote and they have guns they
A part of the solution and defeating covert 19 or just another excuse to invade our privacy all right its time to boost your news i q. The world could soon face Food Shortages of biblical proportions within the next few months the dire warning coming from the United Nations food agency who point to cope 19 as a major part in the global problem heres our alex my highly bitch with a closer look at the impact being felt in north america. It was not the news that World Leaders wanted to hear at the same time while were dealing with govan night event and addressing the Un Security Council the executive director of the World Food Program David Beasley made it clear 135000000. 00 people around the world are headed toward starvation with the coronavirus potentially taking an additional 130000000. 00 down that path and or stationary we could be looking at famine and about 3 dozen countries and in fact one of these countries we already have more than 1000000. 00 people per country who are on the
Announcer its the late show with Stephen Colbert. Tonight the song unsung. Plus, stephen welcomes josh gad. And tamron hall. And a performance by tiana major9 and earthgang. Featuring jon batiste and stay human. And now, live on tape at the ed sullivan theater in new york city, its Stephen Colbert cheers and applause theme song playing whoo hey welcome, one and all, up there, down here, out there, everybody watching right now. Tremendous. Welcome to the late show. Im your host, Stephen Colbert. cheers and applause folks, if you have been watching the tv, you know its an historic solid day that will forever alter the fabric of american democracy. So, thursday. Because this afternoon, the senate officially opened the impeachment trial of president donald john trump. cheers and applause ill tell you all about it in tonights don and the giant impeach. Mouth to mouth resuscitation. laughter stephen i dont know what that means, but i like it. laughter last night, the house sent a formal proc