Morning to talk the very latest on the newest findings. Markets this morning are rallying. Take a look at futures indicating a gain in triple digits as we are awaiting earnings from travelers, lack heed martin and proctor and gamble. Rough start to the week yesterday. Technology dragged down the markets and really turn in sentiment over stimulus, dow industrials down 410 points at the end of the day, nasdaq 192 and s p down 56 points yesterday on wall street. Stimulus at the forefront. Speaker pelosi and Steven Mnuchin with talks and thats what turned the markets yesterday, uncertainty over no deal. Big energy in 2020, why one experts thinks we will see gasoline at 6 a gallon should joe biden win the presidency and President Trumps latest endorsement. Why rapper 50 cent thinks the president will keep him close to his money. Mornings with maria live right now. Someonan markets this morning look like this on the heels, fractional moves this morning across europe. Overnight asia, best per
One of those names we saw was wayfair, of 24 . Today alone, of Something Like 700 . There is a lot of analyst chatter that some countries like wayfair will see lasting gains from this boost they have been getting. Another name also up 7 . Saying the gains in this environment could actually end up lasting. One name that we are keeping an arts, ea, electronic their earnings crossing the wire. The q4 numbers, revenue revenue slightly above the 1. 42. Te of any sort of insight that they can give us into how the world will look for a company like electronic arts. Scarlet if any company could benefit, it would be Something Like electronic arts. ,till with us is olivia engel cio of active quantitative equities at state street global advisors. There is a note out by ubs today, saying that cash on the sidelines has grown to about 4. 7 trillion, of nearly a trillion up nearly a trillion. Do you see any kind of rush to the exits . Do you see anybody cashing out, waiting for the right time to ente
Cloudy now. Temperatures from 44 to 48 for your morning commute. This afternoon, clouds will open. 53 to 56. Seasonal highs, 55 at the coast. 60 to 62 for the bay and inland. By 11 00, well be down into the mid 40s. Grab that coat. Heres frances. Hi, mike. Good morning. We had a few minor incidents including one fatal accident, but that one also has been cleared. Heres a live shot of highway 87 in san jose. Traffic has recovered. It was on northbound 87 to northbound 280, this is northbound 87 looking good towards the airport. It is a little bit more crowded westbound 80 through emeryville, but still traffic is flowing well. No problems to the bay bridge. 680 in walnut creek looking good southbound here as you make your way towards highway 24. Not finding much slowing. Lots of green, drive time traffic. Westbound 580, tracy to castro valley, 34 minutes. Thank you. In the south bay, San Jose Police are investigating a crash after a car plowed through a fence and into somebodys yard. It
At any time and without objections, members not on the task force are allowed to participate consistent with the committees practice. And this is entitled robots and ai and the impact of Artificial Intelligence on the Financial Service industry. Thank you all for joining us for what is an interesting hearing of the task force. Today, we are looking at exploring how a. I. Is being deployed in the Capital Markets from automated trading to port follow allocation to Investment Management decisions. We are also going to consider how the use of this technology is changing the nature of work in Financial Services and rendering some jobs obsolete, and changing the skillset needed to service others. It is not an exaggeration today to say that wall street is quite literally run by computers and long gone are the days when the traders would be screaming on the floors of the new york stock exchange, and they would use t. I. Calculators and pour over the ticker tape to determine the companys value.
This commission is so good. They produce 120 questions for me to interrogate this panel with. laughs so this is actually a ten hour session, not a one hour session. I am thrilled to be here with this panel, some old friends and new friends are with me on stage. To my immediate left his Andrea Thompson known to many of you. She was the former under secretary of state for arms control. She was the National Security adviser to the Vice President , and most importantly, 25 years of service, time in combat zones and certainly served her country nobly. So andrea, welcome. I have the great pleasure of having mr. Rasmussen with us, the former danish prime minister, chairman of the Danish Liberal Party and formerly the country generally of nato. Most recently though he is the ceo of rasmussen global as well is the founder of the alliance for democracies, or of democracies can which we will get you a little bit later. Thrilled to see my old friend Gabrielle Haines here, as many of you know she w