I got some sleep you didnt miss much this last week. Kind of Nothing Happened not really actually. What week so much happened. What week are we in its going to be 52 for 52 at the end of 2020 in terms of crazy weeks. Thats true. S p was almost closing at a high im faking now like you. Im not in new york city do you like my backdrop . What do you think of it . Thats what im saying. You look great you look great you look fabulous. Okay. Is this are you old enough to remember huntly and brinkley what are we . What are we trying to pass our self off as here what do you think . Chancellor and tv people were probably trying all right who knows who knows. Let me tell everybody about the craziness of what happened in yesterdays market because the swings were wild stocks were up, as joe was mentioni mentioning, we flirted with the height of it most of the day but then turned late lower late we closed lower later in the day. At one point we should tell you the s p 500 was within 1 2 a percent fr
And leaving more People Holding the bag. Speaking of those meme stocks, gamestop, up more than 20 off its highs of the session, amc up more than 30 . Also off the highs. Additionally, names with high short interests, nova, virgin galactic, plug power on a move as a result of the meme return. Now on the Broader Market front, the dow given up its Early Morning gains. Lower by 19 points. S p up 4 points. And the nasdaq up a third of a percent. Chinese tech on the move. Alibaba down 7 posting an 86 profit drop, kelly. And google, holding a major developer event announcing a new version of gemini ai. The stock only up fractionally today. But well have a lot more on that in a minute. First, an update on the bid for paramount and david faber has the details. Hi, david. Hey, tyler. As you guys well know, ive been following this closely as i did 30 years ago. Another saga perhaps worthy of its own movie is the battle for paramount. Some things to add to the mix today because we have been very m
Hill ceremony honoring former senator bob dole. He is about to receive the congressional gold medal, the top honor congress can bestow. He was the only president ial candidate to endorse President Trump. And the president will be there when the president speaks live. We came within five points of seeing a 300point gain for the dow. Up 287. The climb today has been since the opening bell, steady but steep as the dow is about to make another mt. Everest peak in the final hour. We stand at 26,082 points, taking another step. The second one closing above 26,000 following yesterdays crushing 383point swing. Remember yesterday it crossed the milestone level, jumped up when the bell opened and fizzled out. If it happens today, it will be only eight days since the last time we saw a thousand point gain. That makes it the shortest stretch ever between the milestones. The previous record between thousand point moves was 23 trading days. While the dow is propelled higher on stronger than expected
No. What does that say minus 7 degrees whoa. Andrew, did the lawyers have their hands in other peoples pockets in their own pockets. Lawyers target joe this time, he said it not me you gave me that one. It is that cold thats making davos look like miami. Youre not outside. No. No we got glass here. Can you see . Beautiful makes all the difference. We have a big show. Well tell you about it in a little bit you have some cool guests we have awesome guests. Unbelievable guests. You cant see them, but kenny d. Is there did kenny step up to the plate with russell and some that was him, right . Russell wilson will be joining us Larry Fitzgerald will be joining us bob kraft will sit in with us. Kneel ca Neel Kashkari will talk to us this morning also. Hes not a Football Player, right . Kashkari no. No he looks like a Football Player youre right. Kind of does a little like the rock. Well check back in with you in a bit. Im glad that you are in the warm its still cold a little bit are you weari
Welcome to squawk on the street. We wake up another tweeter bomb. A big week with a fed decision. The fed near 20k. Europe is mixed. 10year 2 1 2. Oil up on the nonopec oil production. The road map with the negotiation of the president elect and an american company. Donald trump calling out the cost of the f35. Defense stocks are dropping in the premarket. Timing, another Company Trump has in the cites, boeing, a deal for 80 jets. The buyer iran. And the markets making new records. Oil prizes, as well ahead of the fed meeting which, of course, is wednesday. David with breaking news. We do. On a potential deal that will not happen. And that is involving viacom and cbs. Right now, the National Amusements, shareholder of both companies, led by Sherri Redstone and wanted to them to engage in talks designed to see whether they could come to a combination has withdrawal that proposal of viacom and cbs engage in the discussions. Reversing course in a sense and backing the new ceo at viacom an