Good morning, it is midnight in beijing its 11 00 a. M. On wall street and squawk alley is live. Good friday morning welcome to squawk alley. Im jon fortt with carl quintanilla. Its the end of cloud week on squawk alley. What a week its been. They have brought news on custom chips, Machine Learning and more sales force announced plans to buy slack for nearly 28 billion in the second largest Software Deal ever. Weve had ibm and microsoft weigh in snowflake and others have turned in blah earnings well hear from the ceo this hour what does it mean for investors already sky high investor malic noijoins us now i cant believe we never had you on squawk alley before i hope this is a trend i want to start with sales force slack. I know that you have known stu butterfield for a long time, even before flicker was a hit. You think this very expensive deal makes sense why . So lets remove the price out of the equation. I think what youre looking at right now is in 2020, we have gone from the idea
Treasury secretary triggered more fear than any episode of stranger things. Look at the nasdaq, taking the most outsized hit right now, down 89 points or. 75 . The dow is lower by 142, s p down 20. Our floor show traders are mobilizing right now in front of their cameras to root out the markets hidden Pricing Power players. They will tell you how theyre doing that right now. Just 24 hours after that apple event cameo, verizons ceo is here on the 5g future hes promising apple iphone 12 buyers. What 5g really means to you and me right now and what will it take to get those ultrafast speeds into areas still operating in some cases way back on 3g . Hans vestberg with us in just a few minutes. The Telecom Giant joins us. And spac to the future. A new spac ready to clean up in more ways than one. Former nrg ceo david crane taking his Clean Energy Investment to the public markets. What will it take for him to open up his blank checkbook . We will ask him in a first on fox business interview.
Say you can be inspired to go around saying things like your kids are just as brainy just as challenge when cues. Are ones not here well how about we choose truth over fracs all of us are not included ok well but definitely you cannot go to show little love and dont think you dont worship of what you do next you know well maybe that keeping it for the sequel which fingers crossed will face off in the New York Times bestseller list of fiction with a book written by men narnia trump telling a story of a young tony who in need of a drug to reaching out and tearing down walls. Well as all the headlines here on the International Red cross rules. Hello and welcome to cross talk were all things are considered on Peter Lavelle one of the greatest if not the greatest church in the history appreciator he will soon be converted into a mosque what is the importance of the hobbyist sophia and for whom and Europes Energy Security if not independence thanks in about. To discuss this and more im joine
Hello and welcome to cross talk where all things are considered on Peter Lavelle one of the greatest if not the greatest church in the history appreciator d. Will soon be converted into a mosque what is the importance of the obvious sophia and for whom and Europes Energy Security is not independence and about. To discuss this and more im joined by my guest like these and and also hes an associate professor at the university of southeastern norway as well as author of russias Economic Strategy for greater eurasia and in london where john. By how is enemy curacy is a writer on Legal Affairs as well as editor in chief of the duran dot com all right gentlemen crossed out rules in effect that means you can jump in anytime you want and i was appreciate it ok lets go to glenn 1st there we have president erewhon of turkey announcing that one of the most important if not the most Important Church in the history of christianity will be converted into a mosque whats going on here what is the impo
In terms of the euro, that is firmly in focus. European leaders meeting in brussels at loggerheads over how to rollout the plan. The offshore currency is essentially flat. The fix is essentially 6. 99. That is what the aussie yen is doing. The u. S. Dollar has ticked up 2 10 of 1 after a number of weeks of weakness. We can move it onto look at some of the commodities in the 10 year. A bit of concern about demand destruction for crude given the infection rate in the u. S. Florida, some policymakers saying the virus is out of control in that state. That will be a concern. 40 for wti. You still have this significant divergence between the 10 year, u. S. And china. Rishaad just getting some news from a motor company. It is secured funding from a variety of private equity companies. What it does show is chinese startups promising vehicles. Attracting funding even as we are seeing the industry having a rough time of it. This is leading to x peng saying the Company Managed to achieve the 400