Biggest tech companies. Soared to a record high, with tmobile, netflix all adding fuel to the rally. Alphabet posting its oneday percentage gains since july for death july 2015. Joining us to discuss, senior markets editor mike regan. Facebook, twitter, all reporting results. Where do we see the biggest result biggest move . It was a major week for companies. Very tech centric. Theabet is the star of show, rising 10 . All seem to be firing on cylinders. Announcing that major 25 billion share buyback, that is taking the edge of edge off of the concern of the probe of alphabet. Also twitter doing well, showing an 18 gain for sales. Amazon was an interesting story. They had a big earnings miss, but it was in an amazon typical way. Developed a more robust oneday delivery operation, and thats the type of thing amazon investors in the past sort of embraced, even though it caused a hit in the shortterm. I think the Semiconductor Stocks are a major story this week. Instruments, semiconductors
Fed rate cuts and a decade. A busy week also brings policy decisions from tokyo and london. Shery lets get you started with a check of the markets closed. The session in the u. S. , the s p 500 and the nasdaq closed at record highs. The biggest jump in three weeks for the s p 500. The biggest in five for the nasdaq. We have twitter and alphabet leading a tech rally on positive results. Gains coming from stronger than expected secondquarter gdp numbers. We will see a rate cut by the fed this week. A very busy week for earnings in the u. S. We are expecting more than 160 companies to report. U. S. Futures unchanged. Lets see how we are setting up for asia. After a bright start, we have seen new zealand grinding steadily lower, looking kind of flat. Nikkei futures, kospi futures also flat. Busy week of earnings out of japan particularly. 157 Companies Reporting this week. Twoy we will hear from among others. 1 5 other kospi will report this week. In australia, the future is looking bright
High, with tmobile, netflix all adding fuel to the rally. Alphabet posting its oneday percentage gains since july for death july 2015. Joining us to discuss, senior markets editor mike regan. Alphabet, facebook, twitter, all reporting results. Where do we see the biggest move . It was a major week for companies. Very tech centric. Alphabet is the star of the show, rising 10 . They seem to be firing on all cylinders. Announcing that major 25 billion share buyback, that is taking the edge of edge off of the concern of the probe of alphabet. Also twitter doing well, showing an 18 gain for sales. Amazon was an interesting story. They had a big earnings miss, but it was in an amazon typical way. They developed a more robust oneday delivery operation, and thats the type of thing amazon investors in the past sort of embraced, even though it caused a hit in the shortterm. I think the Semiconductor Stocks are a major story this week. We saw texas instruments, semiconductors are a weak spot. Tex
Elements and julie watts is here tracking the storm. We have been watching in front slowly spread south. This morning we started off with plenty of rain in the north bay and we are mostly dry from San Francisco south but clearly things have changed. If i put this radar loop on over the last few hours, you can see waves of rain continuing to move onshore and spreading farther south causing rain and very high snow totals. But a little bit of a rainsnow mix in the sierra. So snow levels are going to be up above about 9,000 feet for the most part with a few exceptions so really only along those peaks. But overall we are going to see lots of rain, definitely more rain than snow. At home we are seeing some of the heavier rainfall right now over the east bay. We are seeing moderate rain steady moderate rain north of castro valley, san leandro, piedmont, danville, san ramon, all seeing rain at this time. Rainfall totals over the last 12 hours over 2 up north, petaluma over an inch so far. Half
But those projects already have the funding and they have already been planned they would just need to be fast tracked. The only problem now this could just slow the process of building that stadium. Lawmakers will meet again at nine this morning to work again on getting that vote. Mk 13an. State senators were able to approve one thing. A sales tax increase that would allow metro to hire 3hundred more officers. The assmbly approved it earlier yesterday. It now heads to the governor for his signature. We will continue to follow the vote on a possible nfl stadium in the valley very closely. Our carson city team up late into the night with lawmakers as they discussed the issue. Well hear from 13 action News Reporter bryan callan at 5 30. For now lets get over to greg who has a look at your cold front attached to a massive low pressure system on the Pacific Northwest shore the afternoon to partly cloudy conditions. Winds will be the main issue though as they slowly increase 10 to 20 mph wi