Tens of billions of dollars. You said thats it thats the top of tech the nasdaq was 4400 that week uber High Valuation Companies and use that as your justification to reposition your portfolio. Im not fan of it. Doesnt really work. It makes for better tv than it does for portfolio you dont take a step back and say its 100 times sales this thing has an incredible first day and you dont take a pause. Its not the whole landscape and say i dont think this is good weve seen a million kpaemexs of this. Its not in the s p 500. Investors dont own this in their 401 k its not an important stock. Its a great stock to watch fp lets address it in those terms. Now the stock is getting crowbared. Kramer makes a point. We have this tweet he had on nvidia as well and zoom. It underscores, if you will, i think, very well the landscape and what may be a pull back in some of these loved names especially over the last few months for what its worth, i dont know what octa does. I think that is indicative too
Steve is also joining us for the last time in the studio . Everything is set up so i can do it from home, just about, starting tomorrow. Yesterday pretty good activity in the valley, santa rosa, rohner park. They have since collapsed, same could be said toward Santa Cruz Mountains and san jose have some really good downpours, made it over to parts of the peninsula. Now it is all quiet, that system coming in from the north it doesnt have a lot of moisture but it is packing a pretty good punch, unless youre about done with the rain there could be a few pickup showers. We will end up with some cloud cover coming in, 50s and 60s. Iran just reported 127 more people died from the coronavirus , the death toll is now more than 1800. They are battling the worst outbreak in the middle east and has been criticized for not imposing tougher quarantine measures earlier. The Health Ministry says a person dies from the coronavirus every 10 minutes in iran. Republican senator rand paul became the third
A lot of that made it to the peninsula. Its all gone now. Were looking at 40s and santa rosa with 40s and 50s. The system from the north swinging in and bringing us cold air and some showers tuesday, wednesday. Highs lower 50s and 60s. Thank you, steve. New this morning, firefighters are investigating an Early Morning house fire starting shortly after 3 00 this morning at a home on hillside road. Now, crews managed to control the flames in just about 10 minutes. No one living in the home was hurt but firefighters say two baby chicks in the garage died in that fire. That fell into the box. Created the fire. The red cross has arrived on the scene to try to help the family. There are now more than 3200 confirmed cases of the coronavirus in the United States and more than 400 deaths. Of those cases nationwide, 178 people have recovered in california. There are more than 1600 cases and 30 deaths here in the bay area, there are 786 reported cases and the death toll has gone up to 13. Turning
Of your new book, tools and weapons . Its Digital Technology has become both a tool and a weapon. Its creating all kinds of benefits is challenges as well we have to grapple it both sides of that equation. Your book is a world tour that starts in quincy washington why quincy washington . We chose quincy washington because its one of the data center capitals of the world if you will its near the columbia river. Data centers are being built there because its close to hydroelectric power this both cheap and clean. We take the reader on a tour of if you will, what is really becoming the infrastructure of the 21st century. These mammoth buildings filled with generators, hundreds, thousands of batteries, but of course mostly server computers. Everything we do, almost every day is accessing or storing our data in the cloud is really one of these data centers. And you have 100 of these in 20 countries . More than 20 countries, more than 100 data centers. Microsoft is one of the largest but Com
Moving this back up. In the meantime there is still a significant backup and it will take you an hour to get from the martinez breeze to the maccarthur maze expected to be tough going and heavy traffic from richmond down to emeryville. Heres a look at the map. We have a crash at westbound highway 24. Coming up in the next traffic report we will have a live cam review of what that commute looks like on that stretch of the east bay roadway. We had a lot of high clouds yesterday for warm day with mid 70s. It will still be above average with upper 60s and 70s. Down a little bit today but these should be about 60 or 62 but we are way above that. Those high clouds will clear with an easterly component, 30s, 40s and 50s giving way to 60s and 70s for some. Breaking news in the south bay where the dear don transit station is closed due to a bomb threat. The members of the bomb squad are at the scene and the buses are not stopping at the diridon station. But the capitol corridor is advising ride