Begin with the oracle of omaha well start with the trimming of apple shares hes got more than 900 million we totally get it. Its not like buffetts bailing on apple in any way. It did sell about 36 million shares what is this, do you think is it simply Portfolio Management i think thats exactly right, scott. Its Portfolio Management. Apple being one of the most liquid stocks in the world on any market he could have sold a lot more than that if he had wanted to. So this is just, look, the stocks had a great run, hes pairing back a little bit, got a lot of cash. What i found kind of surprising is that with that much cash, actually not surprising but confirming on the value of the market is that he really hasnt made any big acquisitions. Hes only said hell only buy his stock if he cant find anything else to buy they scooped up 9 billion of their stock in the last quarter. They continue to buy back a lot of stock i do wonder even at the margins, ty any, if this is in any way a statement tha
Than yesterday at the same time livermore a full 10 degrees warmer and the differences were even greater earlier this morning. Now this afternoon were still going to be in the 60s and comfortably cool one yet again to expect. Were also going to be staying a dry a lot like yesterday was thats good news as youre driving into work this morning as we are going to be looking at any water on the roads and robin is here to talk about what its looking like as you are getting out there this morning. I love this view of the bay bridge. This is what i want to see at 06 00am every board right exactly we dont need any hot spots issues its would call its been quiet and you know its veterans day. People are off john they did not show up not into San Francisco. Its been nice and light and quiet here at the bay bridge toll plaza throughout the morning. So if you have some work to do some errands to run you need to get into San Francisco youll be fine 8 minutes for the drive off to fremont street were c
Good evening and thanks for being with us. Im raj mathai. And im mnuchanoushah rasta. Another night of anger and disappointment over the Breonna Taylor case. Tonight protesters across the area held a car caravan cross several bridges. The bay bridge, muslidumbarton the Golden Gate Bridge. The message was clear, justice for Breonna Taylor, who was killed by Louisville Police back in march. Nbc bay areas Sergio Quintana has the late e. Reporter the speakers share a familiar theme with those assembled outside oakland city hall. Despite injustices, people need to keep organizing for change. Its a familiar rallying cry in the wake of Deadly Police shootings across the country. It has been a full day of reflection and demonstration over the shooting death of Breonna Taylor in her own home at the hands of Louisville Police and charges being filed against just one of the officers involved. On the Golden Gate Bridge during the evening commute, a modest turnout to slow down traffic as protest. A
A Senior Administration official tells nbc news the move to walter reed is a precautionary measure after consulting with physicians and that the president will stay there for the next few days working out of walter reeds president ial offices that have been in place for many years the white house says the president has not transferred power to Vice President mike pence. The president is still in charge this afternoon, the president s physician report that he was fatigued but in good spirits and received a regeneron cocktail to lesson the symptoms. The president has a low grade fever and has for much of the day. The white house calling the president s symptoms mild and later in the afternoon, his senior Economic Advisor larry c kudlow saying his symptoms are moderate peter alex eander reports mike pence will remain in the reservery. Yesterday the president seemed tired and has a raspy voice. Cdc says every covid19 ten patient should isolate for ten days the news came in the 1 00 a. M. E
Its been a wide range today. Former citigroup ceo sandy weill will join us to discuss the water shed moment at his former company which just became the first major u. S. Bank to appoint a female ceo plus, well speak with jason robins from draftkings ahead of tonights nfl kickoff. And we are counting you down to some exciting earnings after the bell today including peloton, oracle, and chewy. Two out of three are big stay at home winners plus an interview with chewys ceo as soon as the numbers hit the tape lets get straight to the market in the final hour of trade another volatile session on wall street mike santoli tracking the action for us what caused the weakness here in the last few momentors so . That morning rally was really limp it did not pass any of the tests. It stopped where yesterdays highs were nobody had any faith this was really going to be upside momentum then you had a rally in the treasury market. Yields got compressed a little bit. And the dollar is also been higher