Consumer in this covid economy and a ventilator boost from medtronic, but sales for other medical devices remain lower medtronics ceo will join us exclusively later this hour. Carl, jims shaking his head already. I dont know speculative market ive ever seen i was going to say, jim, i mean, what a confluence of headlines and then to layer on what you were talking about with becky, this seemingly endless generational bid for stocks in general. You know, look at these plug power did a deal last week, 38 million shares of 22. 25, norwegian did a deal of 40 million shares at 20. 80, carnival did a huge deal at 17. 59, up huge on that, American Airlines did a deal, huge amount of stock, and about price that is a dollar below where this it is trading. Ive never seen anything like it where are the profit takers . Where are they i dont know. This is listen, we have been talking about this new cohort in the market, theyre for real, man. They are real it is not just ev stocks that are ev Companie
Kelly, so remember last week we were talking about how value was outperforming growth last week that lasted exactly one week today were back at the old pattern and its basically growth and technology virtually over Everything Else theres the dow flattish on the day, but s p 500 still trying to get over that 3032 hump not easy to do, but tech overplaying, the investments, the bank stocks all did very well last week theyre a little lower today amazon had an awful week, down 8 last week guess what, its regained a good part of that loss today. Alphabet, apple and facebook all on the up side the trend is were back where we were the work from home stuff tends to do very well. This happened since that june 8 high we hit, so the pelotons and zoom videos of the world doing very well. What we call the reopening stocks, the travel and leisure stocks, are not doing very well, and we saw this last week fairly consistently for a while earnings, were about 10 through earnings season. We have about 10
Live from the bay area studios, this is kpix 5 this morning. Right now, on kpix 5 and streaming on cbsn bay area, look from our exclusive Salesforce Tower down the area. It is july 10th and thank you for joining us. I am i am michelle griego. Lets go over to the weather. Lets start with breaking news overnight, we had a crash on the alatoona pass. I want to show you some video of what happened overnight. You can see it shows a line of fire spreading through the hills near this area. There are plumes of smoke into the sky and there were 200 acres burned. They did stop but it has not been contained. We will be going to the scene to get more information. As far as the freeways, this happened at 11 45 with a crash on 580 near northland. We got word that all lanes are now open but both the directions were completely shut down. There are closures on grant line in the area. We will keep you updated. Lets get a check on the forecast from mary lee. Good morning, we will be watching temperatures
We have a lot of cloud cover and we will see we can get some rain out of that. After this system the highs today are still above average. And it got busy and better but now about normal. We have some slowing and we put up the map of the broad area of north bay and east bay and the commute looks okay, and driving in from santa rosa to petaluma some slowing but nothing to write, about. 80 westbound at vallejo looks good but slow at 680, concord and monochromatic. We take a look at Silicon Valley when we come back in a few minutes. Lets get back to the desk the police and San Francisco are trying to find three people that tried to carjack three different victims in rapid succession overnight between 2 30 and 3 00 this morning at third and harrison, ninth and harrison and then at mission street. One of the three suspects was armed with a gun and each attack appears to be random and the police have not made any arrests. New this morning, rough Early Morning start on two freeways in the sout
Complex, office and gas station killing four before he is taken down. New vape warning. The fda now investigating 127 cases of people who say they had seizures after using ecigarettes. Walking the walk. More than 100 top models taking on victorias secret. What theyre asking the lingerie giant to do. And the movie villain turned reallife hero. The actor in the right place at the right time saving a young child trapped in an overturned car now telling his story. Good morning, america. A lot going on this thursday morning. Hope you guys are well. Yeah, reallife action hero danny trejo. We begin with the new severe storm threat stretching from the midwest to the northeast this morning. Overnight rescue crews were busy saving drivers from flash flooding, and a tornado touched down in new jersey. Whit johnson is in springfield, new jersey with more. Good morning, whit. Reporter michael, good morning to you. T ftehd. Ross thiparkg lot. In hf impacting millions of people. This tornado caught o