Pressure as always we have full Team Coverage right here, gene munster monitoring the facebook call on the red phone. Carter werth checking the charts on both the names as we speak. Let us begin with facebook the stock down a couple percent after hours on top of a 40 gain over the past year, there has been a lot going on with facebook the growing concern over fake news changes some of its algorit algorithms daily users coming up a little bit better than expected not by much, what do you make of it. They need to get ahead of the political rankering in the coming months. Mr. Cook was ahead of the curve there. But does the valuation make as much sense as it did in the past numbers were fine. You mentioned active users maybe we are not seeing the same growth as we have in the past. That is to be expected if people are spending less time, then the forward earnings rate doesnt make sense. That said, we were at 178, 179 a week ago its not that catastrophic. Heres my concern 2 billion monthly
For temperatures to climb quickly. Through the 50s by the Early Morning hours. By noontime we are well into the 60s. And 4 00 this afternoon, record highs once again with mid and upper 70s on tap. Upper elevation winds will be breezy again. And evening hours, wow n the 60s. Well let you know how long this trend is going to last and have a look at the rest of your weekend coming up. Chris . Lisa, thank you. Developing news out of Pleasant Hill where a lock down has ended after an ufl successful search for a gunman. Last night at around 10 30 Police Received calls of a manwaring cam plaj pantsed a bulletproof vest and carrying an assault rifle. Officers arrived and see a maun man, sealed off the area and issued a lockdown order. All residents were told to stay inside and lock their window and doors. A s. W. A. T. Team was called in to search an Apartment Building on boyd road but the suspect was not located. This morning, Health Officials are confirming four additional deaths in the bay
The dogs on the street well tell you if theyre worth taking home. This tailwagging edition starts right now. Who let the dogs out welcome to power lunch. Im melissa lee. Well have nasdaq on track to break a twoweek losing streak, take a look at the gains the dow is up by about 9 points, s p by 5, nasdaq by 25 oil seeing a bit of a bounce, lifting shares for a change. And look at bed bath and beyond shares theyre plunging today. In fact, a sevenyear low down almost 12 and fast food giants mcdonalds and yum brands at high numbers court. Thanks, melissa for the First Time Ever the Affordable Care acted has topped the 50 . Again, once you give people something, even if they dont like it, its hard to take it away Kayla Tausche has the latest. Call it the art of the Health Care Deal part 2 the expectation is that the president , much like he did with the house version of the bill will now take matters into his own hand i just spoke with the principal debt secretary Sarah Sanders repealing an
R 57 news rue as cbs headquarters here in new york. Good to be with you. Im annemarie green. Donald trump jr. Is speaking out about his meeting with a layer connected to the creme anyone in last years campaign. He calls the charges of collusion ridiculous and insists his father knew nothing about the meeting. But in a meeting he details himself meeting to try to get dirt on Hillary Clinton seems to go gengts. Hena daniels in new york. Good morning. Good morning. Even though trump jr. Is insisting the meeting amounted to nothing, lawmakers from both parties are expressing unease with the whole situation. They had something. I think i wanted to hear it out, but really it went nowhere. Donald trump jr. Appearing on fox news insisting his meeting with a russian lawyer last year was, quote, a wasted 20 minutes. The meeting was set up because she promised dirt on Hillary Rodham clinton. In retrospect, i would have done things a little differently. On tuesday trump released the entire email k
Hour. So along with the water coming back on for the residents, our issue continues to be well have a major traffic problem leading into the morning but were preparing for that. I have my traffic commanders coming in to develop a traffic plan for the morning. Reporter back here live. This is where that main broke. Were in the southern part of hoboken right next to jersey city and water has already started coming back to the northern communities in hoboken. Now looking ahead the chief also tells me that if youre planning on coming here to hoboken driving here tonight or tomorrow morning. Please stick to the northern part of the stay. Much more on all of this and how its affecting even the hospitals here and well have that for you at 6 00. For now wreath live in were live in hoboken, kemberly richardson, channel 7 Eyewitness News. Man a mess on their hands. Thank you very much. There are a few pictures from the viewers on the streets of hoe becken and jersey city from just about every an