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Good wednesday morning welcome to squawk alley. Im Caro Quintanilla with jon fortt. Deirdre is with us for the hour. Nasdaq is trying to come back after a couple of days of losses as we turn our attention once again to covid levels in the United States. Were going to start the hour, though, with alibaba, a big drop for the stock despite these new sales records on this singles day. Hi, eunice hey, carl live streamers in china are wrapping up whats been a very long day pitching to Chinese Consumers and it seems as though the efforts have paid off. For alibaba, the value of the orders that crossed the site have just come in at just shy of a 500 billion, about 75 billion u. S. Dollars these numbers cap an extended 11day campaign thats a little different this time around not the usual 24hour singles day shopping extravagan ....
The territory it is occupying the region were trying to peace and harmony. Also stepping into the ring donald trump and joe biden face off for the 1st time in the u. S. President ial debate. And with Valerie Still gripping a political crisis the french president meets the countrys self exiled Opposition Leader and agrees to mediate in negotiations. A warm welcome to you this is our c. N. N. International with me. Our top story the u. N. Security council has called for an immediate end to clashes currently gripping the borders of asia and europe the nations of armenia and azerbaijan are into a 3rd day of conflict in most of the worst flare up of a longstanding territorial dispute since the signing of a truce in 1994 violence erupted on sunday with a bow. Still laying claim to the nagornokarabakh region well these are exclusive pictures filmed by an r. T. Crew in nagornokarab ....
Tiktok bid jim, we will start with the retail numbers lowes is a good one to start with, its been called depots quarter on steroids today. Look, i think that Martin Ellison has taken a Company Making it anything but an also ran. 35 camp is terrific hes really got finally hes got the e com down Marvin Ellison is a turn around man par excellence and this is an amazing quarter we dont want target to overshadow it too much because i like the stock and i love the fact it wasnt up big early on its a buy yeah. In store traffic or in store comps, jim, up 11, which is different than what we saw out of others. I mean, i guess when you dont have as fierce a web challenge in Home Improvement and you have the stay at Home Re ....
That china would take more measures to bolster its economy. Companies from adidas to tyson are spelling out what the impact will be on their bottom lines and the pace of homebuilding fell less than expected and it surged to a 13year high our closer today, with the debate just showers way, former chair sheila bair willbe here to discuss a wealth tax, financial transaction tax and how markets are responding why she says as a republican shes voting for warren. Thats all coming up after the bell joining us for the hour, keith bliss, welcome back, keith. Thank you very much. The question has been asked a lot of times, and yet you still look at these markets and record high territory going up every day despite the coronavirus warnings and fears and cases and you wond frer if theres a disconnect. I dont think theres a disconnect i didnt think there was going to be much to this story its a serious story and could impact the markets the longer it goes on. Now were starting to see the trend is c ....
Should change it swept up but he leaves the door open to further told with the u s. Ill call the police and fire tear gas to disperse filing time to government protesters and arrest hundreds this after hundreds of thousands took to the streets to call for greater democracy. Im phil gayle welcome to the program. As wildfires rage through australia 7 people have been confirmed dead over the last 2 days and nearly 200 homes destroyed this brings a death toll from this seasons blazes to 17 the biggest faster spread across 2 states in australia southeast at victoria and New South Wales authorities an hour delivering a food and water to thousands of people who fled the town. On the on the coast they took refuge on the beach and with weather conditions expected to worsen this weekend the crisis is far from over. Fuelled by searing temperatures and fast moving winds more than 200 fires continue to consume a strain southeastern states of ....