Dow crosses 30,000, and Elon Musk is richer than Bill Gates: CNBC After Hours
CNBC.com's MacKenzie Sigalos brings you the day's top business news headlines. Today was a historic day on Wall Street — the Dow crossed 30,000 for the first time on record. CNBC.com's Pippa Stevens explains what Dow points are, why they're important, and why 30,000 is such a significant milestone. Plus, CNBC Wealth Editor Robert Frank breaks down how Tesla's meteoric stock performance added billions to Elon Musk's personal fortune, making him richer than Bill Gates, at least on paper.
This year has been one for the record books (and we want it behind us as soon as possible). CNET's Claire Reilly takes a look back at 2020 in tech, and it was one hell of a ride. One tweet by Tesla's CEO seems to be having an enormous impact on WhatsApp, with many users jumping to rival messaging app Signal. CNBC.com's MacKenzie Sigalos brings you the day's top business news headlines. On today's show, we break down a potential new law that could force major Chinese companies like Alibaba to delist from U.S. stock exchanges. Plus, CNBC's Sharon Epperson explains why anyone who tries to cash out on bitcoin's record run in 2020 needs to let the IRS know about it.
0:00 — Intro
0:29 — Market check
1:18 — US goes after Chinese stocks
4:19 — CNBC Soundcheck
5:54 — Bitcoin and taxes
9:17 — Numbers round CNBC.com's MacKenzie Sigalos brings you the day's top business news headlines. On today's show, CNBC's Eamon Javers walks through the suspected Russian cyber attack that breached the networks of federal agencies and major corporations. Plus, CNBC.com's Lauren Feiner breaks down the flurry of antitrust litigation facing Google.