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This is a special edition of the news with shepard smith. Hurricane delta makes landfall and good evening from cnbc the hurricane moments away from landfall right now and frankly, about to make history. Hurricane delta is closing in on the southwestern coast of louisiana as a very powerful category 2 storm delta is set to become the tenth named storm to strike the United States this year that has never happened in recorded history never have there been ten named storms i want to show you where we are right now. This is the radar. You can see part of the eye has already come ashore just south and east of lake charles, louisiana. The storm has been weakening throughout the afternoon it was 115 miles an hour four hours ago, maximum sustained winds now 100 miles an hour. The minimum pressure has risen that means the storm is getting weaker the higher the pressure, the weaker the storm, because its a low pressure center. Right now its m ....
Were learning in the wake of the shocking ipo yesterday where buyers seemed indifferent to the share price if you wanted to buy snowflake, you had to sell something else, which triggered a selloff in the nasdaq, and that spread today, with the dow dipping 130 points, and the nasdaq losing 1. 27 . A lot of people call into question what theyre doing paying such high prices. We saw the spectacle of a stock trading at more than 100 times, not earnings, but sales. Dont get me wrong, snowflake should not be about making money, it should be losing money. It makes sense for management to spend fortunes to dominate the cloud Data Management business you want to win, youve got to spend. Snowflake is not the issue, though the ceo will do everything in his power to deliver for shareholders hes got an amazing track record i totally understand why people are willing to pay for the nose for his stock. I liked it even as high as 125 but i jumd ....
Back here and the republicans called a doomed to fail procedural worlds. I have to go back to the floor again. Here is our time around here. Lets proceed to questions. Since i just got back i want to gather myself for a minute. Okay. I presume will be five minutes. I had to ask. Thanks. I want to thank the folks for being here. Doctor im seeing it discussion regarding Human Factors where the issues were looking at Going Forward and how we change if we should change i think we should how we change acidification process and what changes ought to be made. How should we think about incorporating Human Factors analysis into the certification of airplanes . The daca report talks quite a bit about and we concur with the recommendations to emphasize Human Factors more in a cert ....
Cafeteria and i hope you can all come back. Please, thank you. I was always all the way back here and the republicans called a doomed to fail procedural worlds. I have to go back to the floor again. Here is our time around here. Lets proceed to questions. Since i just got back i want to gather myself for a minute. Okay. I presume will be five minutes. I had to ask. Thanks. I want to thank the folks for being here. Doctor im seeing it discussion regarding Human Factors where the issues were looking at Going Forward and how we change if we should change i think we should how we change acidification process and what changes ought to be made. How should we think about incorporating Human Factors analysis into the certification of airplanes . The daca report talks quite a bit about and we concur with the recommendations to empha ....
Kind of an ugly day, dow shed 113. The nasdaq declined 0. 15 i wont hammer you on the trade talks but highlight an opportunity that works regardless of how things play out with china for all we know the trade tussle could be with us for ages. I dont want you missing out on amazing opportunities that we see out here that arent bound by the narrow confines of the prc versus the United States so let me lay it all out for you. Thousands of companies are in trouble right now because they dont know how to deal with technology they dont understand the sales force or cybersecurity or pagerdutys always on mentality. If you want to compete having the right tech gives you an enormous edge. Thats the thesis that bind so many of them thats why target i think reported a blowout quarter, not just this morning and by the way a lot was Brian Cornell knowing how to use technology and kohls repor ....