Buying yields in oil are lower roadmap begins with disney better than expected with streaming numbers nearly breaking even. Shares, as you just heard, under pressure. Plus elon musk reups his ai warnings saying it will over time biological intelligence speaking of ai, ill be joined by the man sam altman calls his secret weapon at open ai as well as former treasury secretary steve mnuchin. That will be over the next couple hours carl all right lets begin with disney, guys. Lower in the premarket got the raised guidance. Narrowly overall streaming losses to about 18 million. Disney plus and hulu with a surprise profit. Box office sales did see a decline in the period, jim as julia just pointed out, although parks and experiences up ten, some moderation, and post covid travel. When you go over the arpu, the average revenue per user for streaming, its quite good india the amount of money they were making on the indian sub is quite different would i go into this train wreck and buy it here
Were in one of the environments where you enjoy, the sun is shining, we enjoy the lovely market and the u. S. Economy is stronger than the rest of the World Economy and most of the u. S. Stock market depends on growth globally so that the weakness in europe and asia are challenging Going Forward that the market right now is tie jesting comfortably but also getting a lot of help because central bankers around the world have been sprinting money and without Corporate Investment in new plant equipment which remains relatively light it just goes straight into stock price which is is great news if youre a stock investor but its not something im counting on for a long, long time to come. It strikes me that for tech this is one of the interesting moments where even though people are waiting for the sky to fall, the stocks have been, you know, throughout the year, moving all over the place, the strong names in tech still seem strong. Nobody is saying like they were back, i guess, in 2006, 2007
To burn for at least 24 hours. Todays highs very similar to yesterday if not just a couple of degrees cooler. High 60s inland. Outside number 70 degrees. Unseasonably mild weather will continue through the new year. Heres elizabeth with traffic. So far things are looking good just your overnight roadwork and now that were past the 5 00 hump a lot of this should be clearing out of the roadway. Yesterday at this time we had no incidents. We are hoping for a friday repeat. If you are riding bart they are back to a regular schedule this morning and in fact all trains are so far on time. Heres a live look at the bay bridge toll plaza. We know thats where a lot of people are heading this morning into San Francisco. They never turned on the metering lights yesterday. They probably wont later this morning either. Well watch it. Outside we go and heres a live look at milpitas commute westbound 237 no problems leaving milpitas all the way towards sunnyvale on those westbound lanes of 237. And it
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