Markets. Dow is up 181, 30,150, all three of the averages setting record highs today. Shannon, you have made some very interesting moves in your portfolio, both what you have trimmed and what you have added to first to what you have trimmed apple and microsoft. T tell me why. So really two different stories here, scott. First of all, ill start with microsoft. As i talked about on the show, this is our Largest Holding and remains a very high convince for us we still have a lot of confidence in azure and the endtoend software it offers but from a portfolio perspective, it was time to trim apple, weve seen a significant runup, 75 in the last year and we really feel like a lot of that has come on multiple expansion. Weve gone from about 15 times to about 27 times. Although we do believe in the services storyand the mo monetization, we think there are better opportunities we trimmed back from a market weight to an underweight were going to continue to hold the stock and maybe look for oppor
Airbnb expected to go public this week. Analysts saying it will surprise above its target despite all the headj winds the travel industry is facing. Well explaint iwhy ase xdp lunch starts right now. Thank you, ty the dow pullingqback but still above 30,000 only six dow stocks are higher right now. Teq apple is one of fthem the dow industrialso so far today as well as theee nasdaqe pos t composite and russell 2000 each have hit a record high intra day despite the fact the the dow is lagging, only up 5 and 13 gains over here for the Overall Index for the russell 2000 look at other parts of the market were also watching as well look at the semiconductor. Dze cord highsf pushing the semiconductors, possibly a leading indicators for the rest of the markets and another set of record highs tesla. Billion, would make it close to around the sixth biggest stock in the s p when it eventually goes in. That happens before the open of business on december 21ste1. And perhaps Short Co
Fear of a Holiday Season surge the critical next steps and the plans being put in place certified one month after the election, all key battleground states have signed off on the results. President elect biden building his new White House Team President Trump still making baseless claims of fraud this morning our interview with the fired head of elections security, weighing in on the voting, the president s failing challenges and what every american should know about the safety of our ballots. Al is tracking the first significant snowstorm of the season in the midwest and massive Power Outages from another nasty storm that hit millions on the east coast. Fact versus fiction. The British Government calls out netflixs show the crown over its depiction of the royal family those stories, plus seahawks soar hes trying to stay on his feet and hell get there seattle takes down philadelphia. The nfl covid troubles mount, forcing the league to ask fans, are you ready for some wednesday afternoo
The future of obamacare is in the hands of the Supreme Court. Justices hear a key case today that could cost more than 20 million americans their coverage. How its likely to play out with a newly conservative court. And the fight for votes in georgia. Well talk with Stacey Abrams about how she helped a red state turn out for president elect joe biden. How did she do that . First, heres todays eye opener. Its your world in 90 seconds. I will be a president for every american. This election is over. Its time to put aside the partisanship. The biden team is considering legal action so that the transition can begin. You are welcoming fraud and you are welcoming illegal voting. We want maximum sunlight. Maximum transparency. The attorney general wrote a letter authorizing federal prosecutors to investigate allegations of voter fraud before the election is certified. Joe biden announced that hes moving forward with his own Coronavirus Task force. We need bold action to fight this pandemic. W
Degrees warmer. Then at the same time yesterday so do enjoy this mild start. Im talking more in your forecast ahead. Rob, thank you john were off to a pretty good started traffic to its very quiet out there with no major issues a live look westbound 92, this is your drive out of hayward over to the peninsula. And you know its a little busy right here on the flat section thats completely normal so no problems just picking up and quickly so were looking at 12 minutes off to one o one were checking in on 80 your trip into San Francisco moving well looking good. No problems so far so easy 7 minutes off to one oh one or 2 the to downtown San Francisco and they were checking in on one oh one out of san jose to menlo park thats 26 minutes. The highway for all smooth and at the limit will check more traffic coming up in a bit back to you. Thanks a lot rob. And our top story parts of the bay area are having to roll back on reopening because covid is on the rise and we showed you this map yester