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Facebook shares in the red. Even though results did beat on the top and bottom line. Total revenue up 39 . Some of the decline possibly attributed to the surge in spending. With expenses up 82 . On the call, Mark Zuckerberg continued to tout progress with video. Take a listen. Video continueses to be some of the richest and most engaging content for people and publishers and since the start of the year, pages are also sharing 40 more video. We updated our news feed ranking to help people see more of the videos they care about and techting option force video monetization to help our partners bu...

The president s war on coal. How do you feel about it and do you have a voice . For the next few hours you will have a voice. Varney company is about to begin. All right. We are starting with oil and gas. The price of oil is bouncing back just a little today. With just under 46 a barrel, but thats relatively cheap. Please remember, a couple of months ago, oil was in the mid 60 per barrel range. Right, now youve seen oil and were finally seeing that steady drop in the price of gasoline that we have been looking for. Down a penny, the National Average is 264 that makes it nine Straight Days on t...

About 40 minutes now, so you are backed up through the maze and once you get past that, still not great, because we have a disabled vehicle blocking the right center lane just before we get to the 9th street offramp. Westbound 80 into the green at 22 minutes. Up to about 22 minutes for the bay bridge drive into San Francisco and San Francisco to the airport still in the green at nine minutes. Three other issues in the east bay. Those coming up next. Thank you. This morning the Senate Republican Health Care Plan is heading for a complete overhaul. Yesterday President Trump huddled with more tha...

2018 while the new stadium is under construction. Global news 24 hours a day powered by more than 2300 journalists and analysts. Im alisa. This is bloomberg. Bloomberg technology is next. Cory this is Bloomberg Technology. Coming up, snapchat wins on wall street but the real reason analysts are bullish. Hatsapp creating a backdoor for intelligence officials. The new debate over privacy encryption. A self driving car accident grounds ubers autonomous cars. Some are now back on the road. First, some investors had a rocky start for the failed Health Care Vote on friday. We have abigail. There was...

More reluctant opponents, Sabrina Shaffer on that. The Mainstream Media didnt waste, the donors are by in large standoffish with donald trump. The fact that hes reaching out too many, some with personal letters, how much is that changing . Well, its definitely going to have impact, niel, if you look at political elections, its very real, its been demonstrated many times where people want to be part of that winning team even if they are reluctant about the candidate. They like the idea of being a winner. We see that Hillary Clinton is suffering from an unband wagon effect. Now shes trailing beh...