Another day of dragged on stimulus talks, john. Intel not a small factor in the trade. When i think of volatile tech stocks, i tend not to think about intel. Look that two year chart ups and downs. Its like an obstacle course, a tough mudder or something. Last quarter, it was about the supply side and intels manufacturing. This quarter the surprise was more around demand and the extent to which enterprise and government just isnt buying in the data center. Cloud picking up the slack that has an impact on margins. Of course, we have the pc stuff going on which is largely a tail wind they havent for a long time but theyre not buying them in the enterprise as we would expect people are not in the workplace. People are adjusting the way they work. That does have an impact on intel. A lot of balls in the air here this volatility predated, bob swan particularly on that manufacturing side but now hes got all of these other things to deal with as well investors looking for clarity around what
Night because i cant forget welcome to squawk alley for a wednesday morning im Carl Quintanilla with jon fortt, Julia Boorstin joins us for the hour for which were appreciative interview with intel ceo bob swan later this hour later exclusive with nfl commissioner Roger Goodell a lot to get to. Well start with the s p and nasdaq notching another record intraday high. Got 12k on the comp. Former ceo of twitter now general parter in of owen advisers Dick Costello is with us great to kick off the morning with you. Great to hear you all i dont see you. Julia and i did our first live tv interview together back in 2009 when i joined twitter so to julia. Great to hear you. Thats worth celebrating, dick wow. Takes us all back. Youve had some i always tease you about Capital Management and you had some great tips in recent months that the mongo dbs of the world and theyve worked how long do you think theyre going to continue to work . Yeah. Its a great question. I got to tell you, when i was on
Devastated from the coronavirus from being evicted from their homes. We have the details coming up for you. Americas biggest chip maker rolling out its latest chip sets. Code name, tiger lake. Intel ceo bob swan here to tell us how its going to help it maintain dominance in the microchip world. Plus we will introduce you to a company shaking up shakes. The cofounders are here to explain how the reopening of gyms around the nation can help boost sales of its plantbased protein shakes. Less than an hour to the closing bell, im Cheryl Casone in for liz claman today. Lets start the claman countdown. Cheryl lets make you smile. Smile direct club investors are grinning from ear to ear as the stock sets its biggest oneday percentage gain ever after executives bought up millions of dollars in shares and as the company pulled the plug on manufacturing, a manufacturing facility in texas. Right now the stock is up a little more than 25 . A record ride for peloton interactive, hitting another high
Northport at 69. South gate at 70 degrees and englewood at 69. As we move through the day, were going to continue to see a lot of sunshine and fair weather clouds. If youre planning on heading to the grove, a big fall festival going on and its gorgeous for it. Family friendly and they open t at 10 00 this morning and temperatures near 70 or 75 degrees at that point and well be topping out today tomorrow for Wesley Chapel fall festival things looking fantastic with a high of 86. Light breeze today and less wind tomorrow. If that makes a difference pick your day. Breaking news now, we want to tell you about police arresting this Pinellas School bus driver accused of having sex with a 16year old student. Investigators say davis off campus for sex. Davis faces unlawful Sexual Activity charges. Also breaking this morning, both eastbound and westbound lanes on state road 60 are close closed between san keen and tiger lake boulevard. It left one person dead and a polk county deputy with broke
Waking up near 70. The current temperature at tampa international. 72 in venice. Lakeland. Brooksville. Remember last sunday in the 40s. 66 out the door. A nice refreshing northeast breeze that will be gusty at times. Sustained winds at 20 in st. Pete, and this wind helps in the Temperature Department considering we have mid80s this afternoon. How about high clouds kind of streaming in from the south and west. A day but filtered sun during the afternoon. If you have outdoor plans with the kids this halloween and they have those layered costumes, peel one of the la layers off. 82 at lunchtime. 82 today. The trick or treating forecast and the world series forecast. You can watch the game tonight coming up. Alcides lindsay, thank y you. A fatal hitandrun in polk county, one person is dead and anchor this happened just after midnight and the deputy hit a driver when they were both hit by another car. It happened on state road 60 right between tiger lake and sam keen roads in lake wales. Ac