Two areas of tech doing two distinctly different things. Youre getting buying on the dips in mega cap and selling in the more growthy, high beta type ecommerce names, roblox, shopify, palantir, airbnb, match, uber. All of those are down reasonably significantly, certainly at the top of the list since they reported earnings. All of those mega cap stocks are up week to date. Ask yourself the question, whats the difference between the growthy mid and Large Cap Technology names you just cited and the mega caps, besides the size, whats the main difference to me, the main difference is the mega caps represent stability, represent reliability, and have the ability to cut costs and get their way to better and better earnings each quarter. You cannot say the same, unfortunately, for roblox and shopify. Thats a different driver of those stocks, thats the major difference that gives you the answer to the riddle shopify is fine but the outlook isnt as good as people thought it would be. Airbnb is
A the the the the, the, the money goes to a 3 phone system. When you, when you, when you just buy various ways to san francisco, its cost way to 20. 00, to the below, which will cost at this time. Im supposed to ask of her, im just leaving the money as long as you wish it would be the feature to punch it. It took last week. It is easy to do. My lease essentially passed up to them all my money at the switch, cuz this is just a initial, its a story about why we used to publish it so monday to let them know which city of the place where you can put it on their computer and separately, dont they beat . What is the office called conducted by just the properties, right . Which was a bus stop in the neighborhoods they read to you. I see you said you on the us, if you will, that be is the strong cost. This is where you live, yes. Appear to still get by you. So i said, give you such level, got the rest of your soul, told me that for, for the consequences that almost got thought it was sounding
Changing the mechanism on what happens. We within the to change it so the sort of agency dealing with each individual contractor including grantees have to require the notice. Wed have to reach out to each individual board and commission and letting them know they are required to do this through the contracting process through rfps and rfqs, we have to do that process, but were changing the mechanism that exists. Contained in that notice provision to the Bidding Company whether its a forprofit or nonprofit, then it would be incumbent on them to notify the boards or investors that theyre subject to the requirement. Correct again, the specifics of how or who receives the notice is not contemplated here and beyond the scope of the ordinance. The agency would be required to notice those persons submitting proposals. Okay. So again just to clarify when we talk about city contracts, were talking about two different kinds of city contracts. Right . One is forprofit contractors architects whoe
Amiri. We have all the details on that developing situation. Uber selfdriving cars off the streets of california after the vehicles ran a red light. Markets this morning look like this. Later we get the final read for Third Quarter, the climb 20,000 stalled a bit but these numbers today will likely set the tone for markets. As you can see dow industrials down 10 points. Italian bank on the brink of a bailout after he failed to raise capital on its own. The banks continue the pressure international markets. All down even up just fractionally. In asia overnight, little change, lets take a look. The hang seng index, other majors moving fractionally. A White Christmas is coming for many americans, blizzardlike conditions will get the Pacific Northwest and the plain state. Plus, snowman so snal you cant see it with the naked eye. Details on how scientists were able to create this. Joining me to talk about National Review reporter cat kempf is here. Great to be here. Im so excited. Maria we
The bidders. Disney is said to be working with an advisor on a potential bid or twitter according to people familiar with it. Disney has 5 billion in cash. Heard paul sweeney talking about the strength of its balance sheet. , as we, salesforce. Com have been talking about, in potential bidding for the company as well. Twitter has been lower today, downgraded by oppenheimer, asking questions about the price that twitter could fetch in a deal. Seeing shares move higher at the moment. Disney, on the flip side, is moving lower. Seeing shares movea little legr on the session with the broader markets, down 1. 6 . We will bring you much more on these headlines in this potential deal. In the meantime, we are seeing a sellout today, stocks hovering around the lows of the session. We had a selloff in european banks that spread to the u. S. We also have concerns about Global Growth persisting. Generally a risk off by us to the markets today. We are seeing the biggest twoday loss in the s p in mor