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June 26, 2024
To the north for tuesday and wednesday. Not everyone is in on the fog, its on the bay bridge and napa and santa rosa. I am sure that there are will be more areas coming up, most of the cold air is going east of us but we will get a little taste of it toght into tomorrow morning. After the fog, its a dry cold front. 30s, 40s and 50s in the south bay, 42 in southern california. 52 in santa clara. Tremendous amount of moisture by the middle and end of the week. For now, the wind picks up later and ...
June 26, 2024
Ive finally got my eyes on this problem. This is northbound 28 before 66 this morning. Still have that problem in the right lane. 270 south, two different reports. One in the left lane, one in the median, we have a slowdown regardless of where it is. Northbound, crash there as well as here this morning and right now chopper 4 over the spur 4 is showing us how things are looking along 270 as beltway. 66 and 95. No major problems. You can see that little bit of red and that is very, very normal fo...
June 26, 2024
Unstable walls. They gave everybody a heads up and had construction crews and heavy machinery come in to stabilize the walls for crews to work in that area. But they want to reassure they were very sensitive to this Recovery Process. They made sure all the evidence wads recovered and there were no human remains before they got to work in that area. You can actually see them access this building and were expecting to mare an update. They said by midnight tonight this Recovery Process will be comp...
June 25, 2024
Mathisen is somehow not wearing a tie. More than Economic Data never takes off and you got some big data earlier today. Lets find out what it may say about the economy and your money with the very bespoke Steve Liesman. I may take my tie off. The bad news is that with this mornings revision, we couldnt even get to 1 for First Quarter growth. Q1 actual up 0. 8 . That is an upward revision. There would be hopes for a whole number. 1 couldnt make it. The good news is that weakness is so far not spr...
June 25, 2024
Right now. A very good morning and a warm welcome to Worldwide Exchange. Im wilfred frost. Live from the site of the eu summit. Sara is on her way across flying back from london to the United States. Holding the fort for us in cnbcs headquarters, lets go back to them. Dd, over to you. We have seeing perhaps a little bit of carry over from yesterday. Again, were seeing s p 500 looking to open up. The nasdaq futures showing a 22 point gain there as well. If you take a look at whats happening with ...
June 25, 2024
Vote. Se we are basically seeing this global flight to safety. Look at the japanese yen surging to a twoyear high against the u. S. Dollar. Brexit worries, rising pressure on the bank of japan to respond with a bigger stimulus package in july. The british pound continues to hover around a sevenyear low, coming off the lows. The bank of england warning of further weakness. A pick up in risk aversion helping gold shine, up 23 year to date. And pushing bond yields lower, not just in europe but here...
June 25, 2024
And everything Mark Zuckerberg wants, he will get when it comes to facebook. Theyre holding a shareholder right now passing to give the ceo more control of the company. More details coming up. The heat wave in the west has caused devastating wild fires. Well take you there for the impacts on business. Lets start with todays rally. Bob pisani tracking the action. Bob. The important thing is weve held most of the gains. Lets call it steady as she goes here. Broad rally more to 1 . 5 1 advancing. T...
June 25, 2024
Can netflix expand the value that it delivers to sub vibers beyond content . Amazon has certainly done that. With other items and now includes content. Theres no reason netflix couldnt. If you bet against netflix with that broadband penetration thesis there is that risk. Jason will join us on this conversation. Of course investor and the founder, good morning to you. This is a Standard Operating Procedure now to short netflix in the wake of whats increasing competition. There is a number of Show...
June 25, 2024
Good morning. Haip happy tuesday. Welcome to World Wide Exchange. Im sara eisen. Im wilfred frost. Good to be back. You took a day. You took a whole week enchts lets get to the markets. We saw some minor declines s yesterday. S p off half a point. Nasdaq up. 6 . As for the 10year treasury note yield. Lets show you the action after heavy week of Economic Data topped off by a better than expected jobs report and the 10year yield is elevated from where its been. Little movement this morning. Yester...
June 25, 2024
In a moment. In the meantime take a look at u. S. Equity futures. Dow was down a couple of points yesterday. Looks like s p up and nasdaq up by 14. Lets take a look at stocks to watch today. Shares of rack space. Market valuation of 3 billion before the report of a possible sale. Fire yief announcing plans to layoff workers. Missed its own forecast of the company cut its full year outlook. Zynga releasing a weak outlook. Active users fell. And restaurant chain poe yolo co. Matched the estimates ...