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Facebook shares in the red. Even though results did beat on the top and bottom line. Total revenue up 39 . Some of the decline possibly attributed to the surge in spending. With expenses up 82 . On the call, Mark Zuckerberg continued to tout progress with video. Take a listen. Video continueses to be some of the richest and most engaging content for people and publishers and since the start of the year, pages are also sharing 40 more video. We updated our news feed ranking to help people see mor...

The president s war on coal. How do you feel about it and do you have a voice . For the next few hours you will have a voice. Varney company is about to begin. All right. We are starting with oil and gas. The price of oil is bouncing back just a little today. With just under 46 a barrel, but thats relatively cheap. Please remember, a couple of months ago, oil was in the mid 60 per barrel range. Right, now youve seen oil and were finally seeing that steady drop in the price of gasoline that we ha...

About 40 minutes now, so you are backed up through the maze and once you get past that, still not great, because we have a disabled vehicle blocking the right center lane just before we get to the 9th street offramp. Westbound 80 into the green at 22 minutes. Up to about 22 minutes for the bay bridge drive into San Francisco and San Francisco to the airport still in the green at nine minutes. Three other issues in the east bay. Those coming up next. Thank you. This morning the Senate Republican ...

2018 while the new stadium is under construction. Global news 24 hours a day powered by more than 2300 journalists and analysts. Im alisa. This is bloomberg. Bloomberg technology is next. Cory this is Bloomberg Technology. Coming up, snapchat wins on wall street but the real reason analysts are bullish. Hatsapp creating a backdoor for intelligence officials. The new debate over privacy encryption. A self driving car accident grounds ubers autonomous cars. Some are now back on the road. First, so...

More reluctant opponents, Sabrina Shaffer on that. The Mainstream Media didnt waste, the donors are by in large standoffish with donald trump. The fact that hes reaching out too many, some with personal letters, how much is that changing . Well, its definitely going to have impact, niel, if you look at political elections, its very real, its been demonstrated many times where people want to be part of that winning team even if they are reluctant about the candidate. They like the idea of being a...

3 here. Itsad been on pace for worst today drop. Because of reports coming out with iran potentially open to freezing output, we are seeing a spike here and the effect with being the energy biggest percentage gainers on the s p 500 energy group. Lets also look at what is happening with earnings now. Best but best buy coming in sales. It is the best performer as a percentage basis on the s p up almost 19 . It is a story of earnings as well but with nordson, it is saying fourthquarter earnings the...

Renegotiations of the broke off last week. Global news, 24 hours a day, powered by our 2400 journalists news bureaus150 around the world. For your first word, i am mark crumpton. Emily i am emily chang and this is bloomberg west. Coming up, jack dorsey in the spotlight with Quarterly Results showing it user declines for the first time ever. Despite a huge earning miss, investors focused on strong numbers. And delivery amazon also enjoying an afterhours rally on word of billiondollar Share Buybac...

U. S. Says they being crashed in china could be four times worst then the u. S. Received 3. 5 trillion in equity and that would have implications for the rest of the world. There was a bad lines from Bloomberg News powered by over 2400 journalists in 150 euros. Hong kong closed for lunch but here is how they are trading in the morning session. A start to the Lunar New Year for hong kong since 1994. This is the picture we are seeing. Selloff is continuing. Time now for bloomberg west. Emily this ...

Customers, facebook is finding out what it means to be a hardware company. Yes. On Major League Baseballs opening day and today as well, rob manfred will join us at post nine to discuss ticket prices and a lot to talk about. It will be a very interesting conversation. We want to start with tesla. Shares are popping today on reportedly strong early demand nor the mass market model three car. Phil lebeau has been following the figures from a tweet storm of elon musk. What do we know . A big three ...

Make peace with the Republican Party. Tesla, stock of the day, its up big time. A brilliant introduction of the model 3, every mans electric car. 103,000 ordered just in the first hours. Here is how not to introduce a car, a porsche goes up in flames at the new york auto show. Take a look first, no fooling edition of Varney Company and yes, we are about to begin. Whoa, this doesnt look good. Here is how were going to open the market this morning in about a half hours time. Its steady as she goes...