he probably put the lid on the keystone pipeline for good. energy aspects says, it is not going to have a huge effect on canadian oil. this graphic shows expansion that takes oil out of canada to the u.s. by 2023, over 1.2 million barrels of additional pipeline capacity out of alberta for a possibly regardless of the keystone xl. let s get into the ring. we are taking a look at the rally in on tap culture the rally in agriculture. taking a break after a big rally. we want to get some insight with our reporter in chicago. first off, what led the rally, why the decrease now? isis: thank you for having me. i think china. china, china, china. that is all we can say about the leading up to the rally. we have china buying more than people expected even though they did not meet the deal s targets for now. we did buy a lot more. they bought a record amount of corn. they bought 33 million tons of soybeans. that amount of purchase is what started it off. it was a demand-led rally. mo
san francisco mayor says that vaccine supply is not meeting demand. could be the next new york city? where tens of thousands of shots are being rescheduled. my interview with the mayor coming up. one of bloomberg is this week s top 50 companies to watch, twilio, is a stock that is adding a $40 billion of market value in the last year. we will speak to the ceo jeff lawson. tech shares led u.s. stocks to an all-time high, and apple close out a record. for a complete market picture. here we are. really knocking it out of the park on the fourth quarter earnings, coming in at 20 billion at the fourth quarter, the estimate was $17.5 billion. it looks like they appeared that back in the post market. ibm taking a little bit of a hit, a big hit. revenue is coming at 20.4 billion. analysts forecasted such you saw that the defensive tax the new york fang index led the gains and ended the day in the green. that has led me to tutor in particular. once again, that narrative about how
deaths from covid worldwide have surpassed 2 million. the biggest vaccination campaign in history is proceeding unevenly, particularly in the united states. the pandemic remains the key risk global coc in 2021 according to the latest surf way of the conference board, closely followed by recession rest. we just heard from president biden his perspective on the vaccine rollout. he aims high and he needs to given the target misses we have seen. think of new york city running out of vaccine next week. but the u.s. is not the only one struggling. joe: i guess it is some comfort to frustrated americans that we are not the only country having a slow roll out if you look at the comparison to other countries per 100 people you can see israel and uae doing really well and the u.k. doing well and that it really trails off. denmark, italy. u.s. is not that bad on a global scale. romaine: you have israel and uae there. the reason you see that rate higher is they have had more coordination
and the biden administration plays 100 million shots in the first 100 days. there is more programming on the way as netflix pledges 70 new moon e in 2020 new plans from netflix and disney plus. she is where the most iconic ceos of all time. we have ginni rometty looking back at her 40 years with the company and she grants as her exit interview. first, u.s. stocks have dropped the most in a week. wells fargo tracked down the sector on a disappointing report, we have more. ed, interesting on the back of biden unveiling his economic plan. walk us through the day. ed: the market hitting pause on that reflation trade, taking the time to consider the reality that president-elect joe biden will get done with his stimulus plan, especially in the context of the covid vaccine. we continue to see underperformance from technology stocks you can see the nasdaq 100 down by 7/10 of 1%. the basket of mega cap tech stocks it has not been the biggest year for tech. stabbing those gains that
francisco mayor london breed says that vaccine supply is not meeting demand. could it be the next new york city, where tens of thousands of shots are being rescheduled? my interview with mayor breed coming up. it is on bloomberg businessweek s list of top 50 companies to watch, twilio, is a stock that is adding a $40 billion of market value in the last year. we will speak to the ceo, jeff lawson. intel and ibm out with earnings after the bell. tech shares led u.s. stocks to an all-time high, and apple closed at a record. for the complete market picture, let s kick it off with intel, really knocking it out of the park on the fourth quarter earnings, coming in at $20 billion in the fourth quarter, the estimate was $17.5 billion. shares really liking that, the initial reaction. ibm taking a little bit of a hit, a little big of a hit, i should say. revenue is coming at $20.4 billion. shares struggling, that s pretty clear. let s take a look at what happened in the broader index