Few sessions for tech stocks losing over a trillion dollars in value in just the last three days josh lipton is sorting through the carnage and has more josh thats right, jon bigtech names suffering big losses take another look here at apple, minhaj, amazon, alphabet, facebook and tesla just to put the plunge into perspective. The last three days essentially wiping out three weeks of gains. At the start of this year, these Six Companies were worth about 5 trillion. Their value then peaked at 8 trillion just last week. Now they lost about 1 trillion sounds like a lot, but also keep in mind, the remarkable runs these stocks have had. For example, apple is trading about 15 off its alltime high. Still up, though, about 60 so far this year. Same goes with amazon. Down about 6 so far this month, but the stock is still up more than 70 so far in 2020. Also, check out the smh, the etf that tracks the chips bouncing here this morning. Trading about 10 off its most recent high. Sector surge on th
Forecast. Mike said theres slowing for the commute. Right. Nothing surprising but ill show you the trend here. The south bay a little bit through san jose. Over here we look toward southbound 880 and 680 toward the fremont. Toward the bay bridge slow traffic. And right there west 88 berkeley area around university we see slowing there as well as at the bay bridge toll plaza. Met are lights on the back up there. There may be mist as well as youre heading across the bridge. Not a problem as far as visibility goes. Everything is good. Back to you. Thank you, mike. Today uc berkeley will once again gather to mourn the loss of a another student killed in a terror attack overseas. Nick leslie was one of 84 people who died when a man plowed a truck into crowds of people celebrating bastille day in france. Today in the bay is live. The university will hold a vigil in leslies honor. This is something students dont expect to hear. Reporter they received confirmation of another student in cal was
Pushing the theory without any evidence or recent historical precedent that the electoral results will be rigged. Trumps running mate, mike pence, trying to tone down the rhetoric saying trump doesnt mean literal electoral rigging. We will accept the results of the election. The American People are tired of the obvious bias in the National Media. Thats where this sense of a rigged election goes here. Reporter but trump undercutting that very message only minutes later tweeting explicitly that the election is, absolutely being rigged at many polling places. This part of a Trump Twitter storm that included multiple personal attacks against House Speaker paul ryan. Ryan pushing back on trumps rigged election theory. A spokeswoman telling cnn, the speaker is fully confident the election will be carried out with integrity. Hillary clintons running mate tim kaine calling on more republicans to speak out against trumps allegations. He started to make wild claims. Kind of scorched earth claims
Some elites are paying for golden visas to secluded nations like New Zealand.
Here s how the world s rich are preparing for the worst and how the rest of us can prep on a budget
In uber-wealthy circles, it is quietly agreed that New Zealand is an ideal location to ride out Armageddon and billionaires have been snatching up land there.