Mark Pincus News Today

Buyer beware, ipos that have doubled do not have a great track record after the debut. Plus the president and tiktok, he says hes not prepared to sign off on anything for an oracle tiktok deal. And wall street poised for a sharply lower open following the feds pledge to keep Interest Rates low for years and Technology Stocks do lead the declines speaking of which, jim, sounds like your conversation with joe a moment ago kind of rings with what Credit Suisse says today about tech valuations overa...

Good thursday morning, welcome to squawk alley. Stocks did take a leg lower at the open the s p bounced right off of the 50 day well watch that closely but were off of the low levels of the early session. Here is the president yesterday on oracles deal with bite dance stands you said it was important that a u. S. Company buy tiktok. Were going to find out about that were looking at that from the standpoint of bitedance. We dont like that conceptually we dont like that. That has not been told to ...

Really are ramping up our testing efforts. But we also saw an increase in hospitalizations and ive talked with our heart Health Officer doctor erica, hahn and shes quite concerned by this increase in cost for patients, shes not at this time planning to roll back the recent loosening of restrictions but she is going to proceed very cautiously before see allows any additional or new activities so please the current restrictions to be in place remember that the most recent shelterinplace order from...

That is a big one. It includes Outdoor Dining most indoor retail religious Services Summer camps and pro sports but with no fans face to see is targeted to begin on july 13th thats when Indoor Dining can resume and hair salons can reopen phase 3 would begin in mid august thats when schools would reopen bars would be able to welcome back customers and junes and nail salons would open as well. The final phases phase 4 which would include concerts and festivals. Now keep in mind these dates are jus...

Fox, too, has its losses but still at 6. Netflix is adding to its gains. Up 2 . Well tell you what the ceos have to say about the shift. Plus, the auto tech sector is beating expectations. Could teslas problems be hurting momentum play mobile eye which is a very interesting story. We will look at both of those companies coming up in a little bit here. Fitbit is falling. Many analysts are saying the earnings numbers last night werent so bad. Down 13 today. Well debate whether this is an opportuni...

Case ifespecially the you look at currency markets. Absolutely nothing happening. Yields, fixed income, fairly mixed in the broad market. Let me mention malaysia, we are down about three fourths of 1 . The only market thats actually spiking up. Oil prices remain subdued. Forecastersot of thinking that the currency will weaken further. Last i checked, the koc i was roughly at 1680. About 10 points above the december 2014 low. That takes us back all the way to early 2013. Several cities in taiwan ...

In a show, trading is underway. Green arrows across the board. The former benchmarks in asia. Trade to europeans get ready for the g20 later this week. European markets trading higher. On the green. Britains largest payment processor on what could be the biggest deal for u. S. Faiths. Trade to it as 5 01 a. M. Here in new york. July 5th. Good morning. Im cheryl casone. Good morning. I am Warren Brockman and forlorn femininity. Todays markets in the latest breaking news. Cheryl the chimp administ...

Putin more on what we can expect. The president also facing another test of the world stage. What to do about north korea and the launch of a Ballistic Missile. It claims it can reach the United States. They are holding an emergency meeting right now we will take either life. And raising taxes on the rich. Why a key member of the trump team may be pushing this controversial proposal they are among our guest this hour. Have another theory about this. Look at the Dow Jones Industrial average. The ...

Apparently not everybody cared. And neighbors also reported seeing and hearing illegal fireworks shot off in petaluma last night. It looks like it was popular there, too. A fireworks mishap caused a man to suffer what police are describing as horrific injuries. It happened along port sailwood drive in thornton avenue. Police told abc7 news the man lighting a mortar type of firework inside a tube and went off before he had a chance to get away. The man is being treated. Hundreds of thousands of p...

And then the pattern changes significantly and start to see some heat, especially inland. Little bit of a heat wave developing there. See clouds out there, a little bit of drizzle near the coast and the east bay hills this morning. This is from the roof camera. See the winds blowing to the east. 12hour day planner, 53 to 59d stepping out now through 7 00. Upper 50s at the coast. Middle line is the bay. 71 at 4 00. 67 at 7 00. Check out the temperatures inland. Nothing too hot right now. Noon 79....