Tiktok positive covid19 treatment news eli lilly starting phase three of an antibody drug. Well get into that and we have better than expected manufacturing data which along with better than feared earnings is helping lift sentiment. Were on record close watch for the nasdaq 59 minutes left trade. We certainly are. Its up 1. 6 lots to come on todays show well discuss the fast moving developments in the talk between microsoft and tiktok and what a mean would mean for other social media stocks with chris kelly. The plus, big Testing Companies like quest and lab corps warn of back logs and delays, well talk to Gravity Diagnostics ceo we have big Earnings Reports coming your way. Virgin galactic, taketwo and chegg and more well bring you the numbers as they cross and analysis as well. Lets focus in on the big stories. Mike santoli tracking todays market action. Mike, lets start with you. Not far off session highs really not that far all time highs. About 3 below that right now. And weve ki
Andrew is out, so i have to find a way to annoy you what you asked for. Your birthday is tomorrow, right . Tomorrow, not today tomorrow. Its friday. Everybody deserves to be embarrassed. Well do it anyway this is the last day youll be 19 23. Exactly. Anyway, lets check out the futures this morning as joe mentioned, youll see the dow down slightly by about 26 points s p down by four s p off by eight getting ready to wrap up another week the dow up by 2. 5 over the last four days. S p is higher. On track for a Third Straight positive week. A little different story for the nasdaq tech has been on an incredible run. Many of those names have pulled back not by a lot nasdaq down by 1. 4 this week. If you are watching it, the index is up nearly 17 for the year thats about 58 above the march 23 low and above the march intradate high we hit on monday. We are continuing to watch that. The 10year is the one we watch so closely it looks like the 10year is sitting at the 0. 604 . The bottom level o
U process, i believe that we also could have some discretion in how quickly we would process that perm mit permit removed. Im going to refer to the Zoning Administrator on this. the tenant issue is always chachallenging because obviously its allowing it out side the purview of the code. If its not legalized if it is required to be removed and theres an existing tenant that does become an enforcement situation if we have an unauthorized unpermitted unit that may have life safety deficiencies. We generally want that unit to be vacated. Aobviously theres challenges with an existing tenant. We want to be open to options there. We dont have an open ended option to allow residency in an unauthorized unit and it may be something that the City Attorney wants to speak to further in terms of this issue and conflicts between our codes and other City Ordinances relating to renting units and occupancy. commissioner johnson. one second. I thought i heard them asking what happens if we do approve thi
End of the shelterinplace remotely. This is the 15th remote hearing. I am requesting everyones patience in advance. The platforms are not perfect and at times may even be clumsy. If youre not speaking, mute your microphone and turn off your video camera. Do not hit any controls that may affect other participants. To enable public participation, sfgovtv is streaming this live. Sfgovtv is broadcasting and streaming the toll free phonein number across the bottom of the screen. Opportunities to speak are available via phone by calling 888 2733658, entering code, 3107452. Pressing pound and pound again. When you are connected, enter 1 and then 0 to be added to the queue to speak. Each speaker will be allowed up to three minutes. When you have 30 seconds remaining, youll hear a chime. When the time is reached, i will announce that your time is up. Best practices are to call from a quiet location, speak clearly and slowly and mute the volume on your television or computer. Id like to take rol
The heels of positive covid19 vaccine news why are all the opening trades down check out the airlines and cruise stocks, battling rocky seas with major losses a cross the board. Lastly, check out casino names youd think they would rally but no a sea of red. Whats with the break down between positive vaccine data and these trades were back to the old play book in the market, tim yeah we had a week off. S p outperformed amazon 8 in a week boy look at the turn around, look at that move by amazon, big upgrades on the street, maybe its just catching up to the levels 3200 on amazon by goldman, alphabet shares theres Different Things going on as good as the potential vaccine news flow could be, i do think that the reopening trade is moving in reverse theres states that arguably have lost control. So, i think consumers are assessing, but more importantly investors are assessing what consumers may or may not feel comfortable doing in terms of gettings on airplanes and getting involved in some h