Do you dunk the entire covid cohort or stick with it on a dow when the rose 183 and the nasdaq gained 1. 8 the reaction to zoom Video Communications after it reported a good quarter that wasnt quite good enough for wall street. This company practically sin none mouse with the new normal and look ban on 2020 as the year of zoom so when you see it down 15 its alarming. You got to wonder what that means for the rest of the stayathome stocks. The answer, nothing. Just because zooms insanely high growth is decelerating that doesnt mean the trend is over in fact, id argue it never had gone away because this year has shown us millions of jobs can be done better from home. No need for that central office. Why go to meetings to negotiate or sign documents when you do everything over the web and save millions, maybe ten, maybe hundreds of millions in travel, hotel, dinners, zoom, i mean thats how the 39 billion s p global ihs market deal was consummated as we heard from Doug Pederson on mad mone
Instagram. Shares of facebook plunging on friday. The stocks opening up dismally today but then leveling out and ended the day up 2 . Discuss, earlyto facebook investor and elevation orders cofounder, and also the. Thor of the book, zucked this seems different. I dont recall any time that so many major brands all at once joined a boycott against facebook on the grounds of civil rights. Would you say this is different as well . Definitely. Is part andthis parcel. Think about how different the world is today from three months ago. First, the pandemic, then the economic decline that went with it, then since the murder of george floyd, we have an awakening on issues of racism and civil rights that i believe have affected every part of the American Economy and our society. Emily so, why now . Abigail again, roger again, i think if you think about this from the perspective of an investor or advertiser, facebook gave the ability for the advertiser to reach audiences with a level of precision
To decrease the risk of this continued transmission of this virus to other staff, other residents or outside the facility. Public Health Officials are now investigating and testing at two other senior care facilities in contra costa county. This pandemic is showing no signs of slowing down in california. Johns hopkins reporting there is more than 11,000 confirmed cases in the state. The bay area saw its total top 3,000 cases with Santa Clara County accounting for about a third of those. The number of patients in icu beds around the state now over 900. Thats about four times the count from just last friday. Ysisffs areal cos police chief siness owners found violating Public Health orders. Weve had to cite a business in the last 24 hours, and weve cited individuals in the last 24 hours. And these are people that have been warned before. Chief bill scott says there will be no more second chances. Anyone or any business found violating the rules a second time will be cited. Meanwhile, toda
Thats how i felt about President Trumps trade deal sooner than you think comment that exploded the market higher just when it looked shaky because of impeachment chatter trump makes remarks and turns things around again. Averages bringing back up by magic. Dow climbing 163 point, s p gaining 0. 62 and nasdaq surging 0. 15 after the session yesterday. No one else remembers the last dozen times this has happened. Maybe this time will be different. My sources say no. Maybe the white house will get a deal to end all deals when the chinese. My sources say dont believe it. Maybe Speaker Nancy Pelosi begins the process of impeaching President Trump shes working behind the scenes to pass the new trade deal trump negotiated with mexico and canada raises eyebrows. Yeah, maybe the tooth fairy is ready to shove some bitcoin under the pillow of every kid who loses a tooth. Maybe juul is deeply committed to stopping those same kids from getting hooked on vaping maybe the earth is flat. Who can say .
Hanging on to the warmth from the day coast will continue to cool because the wind has already started switching to onshore. Now overnight tonight, we are expecting the temperatures to drop off at least for those who dont have ac, its nicer to be able to sleep at night and then in the afternoon, those temperatures are soaring again. And ill be back to let you know exactly where they will end up in just a few minutes larry. Kristin all right, sandhya, thank you. So friday is a work day, but a lot of people skipped out early today and headed to the coast to beat the heat, especially those who dont have air conditioning. Right. Abc seven News Reporter Tara Campbell spoke. People who were out and about today joins us live now in San Francisco. Tara yeah, larry, i think i was one of the lucky ones that got to be out there today. At least thats my opinion. I spoke with tourists and locals alike. And while some are trying to escape this heat, others are embracing it. Its sandcastles and smile