When you ask somebody who is not from california what californias biggest industry is, they will often guess technology. Thats incorrect. They will say, its probably entertainment because they are thinking of hollywood. That is incorrect as well. The answer is just south of here. Its agriculture. Just south of Silicon Valley, you will find artichokes and lettuce and Strawberry Fields forever. Plenty wants to bring agriculture into cities with robotic farms inside perfectly controlled and with amazingly high yields. Nate story is the cofounder. Thanks for being with us. Your vertical farms are shipping to 32 stores . You will build a new one in los angeles . Thats right. We are building a farm down there to ship to hundreds. How big can these farms get . When i talk about those fields that are just south of me sometimes i can smell the garlic and onions here in Silicon Valley. We are talk about miles upon miles. You are talking about a building. Can you scale to reach demand . You know,
Maybe call it the ultimate catchup trade. If you missed the markets record rebound, fear not because we have three stocks that could be primed to pop later, tiktok you dont stop giving us news, that is. Theres a strange new suitor for the red hot social media app that our traders have our own take of who should put a ring on it so much to get through in the next hour, but let us begin at the beginning a brand new record close for the s p 500. This is by far the fastest bear market exit in history it has been just over 100 days since the benchmark index plunged with lows of the year. Need i remind you of the pandemic panic of march. Were up 55 since then. Its close today by the ever so slimmest of margins putting an official end to the bear market. Guy, the market acting like the pandemic induced lockdown and mass job losses simply never happened is this all, thank you, mr. Federal reserve . Of course it is y the Balance Sheet in february was 4 trillion, now howevering on the side of 7
Getting a quality education, and allowing us as parents to get back to work, where we are able to, and to make sure that we are attending as we anticipate this every year to so many other responsibilities as parents and caregivers. Today, i want to talk about what we are putting out in terms of guidance and guidelines for education in the state of california in the context of covid19. We will go through a list of specific recommendations, specific guidance as well is updating you as we do on all of the information related to Positivity Rates, hospitalization rates and icus. Lets begin with the found ocean framework lets begin with the foundational framework. It is nonnegotiable that schools must provide meaningful instruction during this pandemic, whether they are physically opened, the schools, or not. That is what i want to talk about specifically today. Our students, our teachers, staff, and certainly parents, we all prefer in class instruction for all of the obvious reasons. But on
Cnbc im becky quick with joe kernen and Andrew Ross Sorkin the market has come under significant pressure this morning. And the nasdaq off by 143. Its all coming this morning a rough week for wall street 5. 5 that was the worst week since march 20th and all three are coming off of their biggest weekly losses and last month after last week. The dow and nasdaq for the month of june would be down with the projected losses that were looking at this morning. S p is already down for the month of june. Also keeping track of the treasury market this morning lets take a look at that. Treasury yields yielding 0. 08 crude oil prices under pressure this morning too this is a sign of how much is anticipated in terms of a come back not only here in the United States but around the globe and right now wti down about 55 cents. Still trading 35 though at 35. 71 andrew. Thank you, becky. I hope everybody had a great weekend despite some of these losses that were looking at in the market i want to start
Subcommittee will not come to order. The chairman will now yield five minutes to my great friend. From california. Five minutes. Thank you for getting me the five minutes. I think the witnesses for coming this morning. The incredibly important issue when it came out and make good policy on. We are meeting today to discuss the state of Cyber Security and the continuing threats facing Americas Energy infrastructure. We continue to see increasing threats to the grade originally both the home and abroad. Im glad to see the doe and others taking steps to address the growing dangers followed by nefarious actions. Our energy grid serves as the backbone of our economy. Touching every aspect of our life. A reliable grid is also crucial to our National Security. We can improve the security and reliability of our missions electric grid. We must work on a bipartisan basis and integrates with Industry Leaders as we are doing here. Fortunately the modernization and integration of our Energy Infrastr