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June 25, 2024
Energy came out with its inventory report supporting what we heard from the api last night. If not even a little bit more drastic. A draw down in cruel Oil Inventories 14. 5 million barrels. The api number of 12. 1 was the highest draw down in more than 30 years. This is very significant. Theres some speculation in the marketplace that hermine caused supply reductions and this could be a one off this week but theres another side to this story that could be that were starting to work through some...
June 24, 2024
And the biotechs sbas he things could have a potential upside. And jeff bezos. Producing an agreement. The real story could be a power struggle in saudi arabia that appear taos be emerging. Well take you live doha for more on that story, but lets begin with netflix. Two big stories out. Our Julia Boorstin is standing by. Josh is all over ibm. Give us a little preview here to kick things off. When netflix reports all eyes will be on ids streaming video subscribers and whether they need or sur pae...
June 23, 2024
That yield. Yield does go thats yield. Yield goes higher. Crude oil is the key to this market. Geez. I say that before my friend to the right of me says it. Wow. Were above 50, jim. Thats a move. Its for real. And that seems to be having a broad impact as you might expect on so many markets which we will get to as we start the road map this morning. Glencore higher in the premarket. It plans to cut production, but alcoa lower on weaker than expected results. Tesla gets a downgrade while elon mus...
June 23, 2024
Morning. Dow is currently up triple digits making up for two days of losses, and well get more on whats moving in the markets. First, tesla is going on a hiring spree. According to the journal, tesla is looking to add thousands of employees in the next few years to hold off competition in the auto industry. Of course, this news comes just a few weeks after elan musk put out a call on twitter for what he called hard Core Software engineers and said he would interview people personally. Jason, do ...
June 23, 2024
Im kira klapper. We start with meteorologist kari hall. More of this cold weather, frosty conditions and freezing temperatures especially in the valleys. As we take a look at the current temperatures across all our microclimates this morning. It is 32 degrees already in the north bay and 36 degrees in the peninsula and the south bay. Todays highs only come up to the low to mid50s. Were still cooler than average. 52 degrees in the east bay and the trivalley 54 and San Francisco also at 54 degrees...
June 23, 2024
Reporter sheriff says the department who she asked us not to identify for safety reasons has severe injuries to shoulders, hip, and head. I talked with him this morning at length, and hes in good spirits and hes seeing a lot of specialists. Reporter it may have been an ingredient for homemade alcohol and the inmates already seemed to be under the influence. That will lead to new restrictions on prisoners, though shes reluctant since she believes most are cooperative. In fact, many inmates signed...
June 23, 2024
December 29th. Im michael gargiulo. And im Kerry Barrett in for darlene. Good to be with you. Nghats right. For the irst time we have Team Coverage of this Winter Weather. Chris cimino. People seeing Different Things depending where they are. An introduction to the Winter Weather. Dealing with mixed precipitation north of the city. City saw a little bit of sleet. Thats pretty much gone. Out across long island and south of that point. No hwest new jersey still some sleet, still some snow. Even a ...
June 21, 2024
There are lingering concerns about alibabas ability to up international revenue. Chairman jack ma Just Announced a hiring freeze. There are concerns about their relationship with the Chinese Government, which said they are saying alibaba is not doing enough to crack down fraud on the site. I spoke with the new ceo, daniel zhang, a former accountant, who went from cfo to coo and now ceo. I asked him what he plans to do differently and when alibabas Management Team will stabilize. Daniel we change...
June 21, 2024
About alibabas ability to up international revenue. Chairman jack ma Just Announced a hiring freeze. There are concerns about their relationship with the Chinese Government, which said they are saying alibaba is not doing enough to crack down fraud on the site. I spoke with the new Ceo Daniel Zhang, a former accountant, who went from cfo to coo and now ceo. I asked him what he plans to do differently and when alibabas Management Team will stabilize. Daniel we changed the leadership in our fields...
June 21, 2024
You compare the returns on equities to returns on safe assets, like bonds, which are also very low, but there are also potential dangers there. Emily yellen also said that they could see a sharp jump if the fed raises rates. And the Time Warner Cable deal calling for more diversification from our competition in the cable business. Mr. Wheeler we do not have a lot of competition, especially at the speed that are important to the consumers of online video. A fully competitive marketplace would bri...