Good friday morning. Were going to kick things off this hour, of course, with tiktok as the president orders downloads of the platform and we chat to be blocked beginning on sunday does this put the oracle deal into jeopardy . We have every angle good morning. What we know right now is the e commerce officials is that as of midnight on sun theyre going t stop people from using the apps. The quality will be degraded pretty quickly it is after the president ial election, carl of course we chat is used for Many Americans to communicate with family back home, also for payments, logistics, and i know you were talking about this perhaps being a bit of a climb down, but we dont really know the implications yet yes there are 19 million we chat users here in america versus 1. 2 billion in china, but we dont know how many of the 19 million users are businesses meanwhile the app will continue to operate as it is. Does it not protect some of the bigger american businesses like starbucks and disney
And german exports mark the biggest increase since 1990. Shares slump after a warning he wont hesitate to add more countries to britains quarantine list. Uber sees revenues fall almost 30 sending shares lower after hours. A warm welcome to street signs. Weve got some macro data. Frances trade balance fell to 7. 96 billion in june down from mays figure comfortably beating expectations in germany, exports are posted their biggest gain rising 14. 9 in june. Strong demand from china spurred a near 9 jump in industrial output chinese exports rose 2 easily beating forecasts. Imports contracted missing estimates of a rise. Officials are reportedly said next week to reach the talks asian markets have traded lower. Main land Chinese Markets taking a hit down 1. 4 amid escalations with washington moving to ban tiktok owner bytedance and we chat owner tencent European Markets have been open about an hour stocks are up 15 basis points. This follows a drop of 0. 7 . Yesterday, the u. S. Session als
As much as 10 some optimism that lawmakers are making progress on the next virus relief package we got news republican senators are pushing for 25 billion in additional aid for the airlines. Nasdaq record high, gold record high, oil at a fivemonth high, 59 minutes left to trade, wilfred. Were up 0. 6 on s p 500. Ahead on todays show cbs giving up despite strong earnings and guidance, well speak with Ceo Larry Merlo about the results. Plus shares of twillio up 50 but taking a dip on earnings today. Well take a look at work from home winner. Roku, etsy and zynga analysis as soon as they cross first big stories were watching today, mike santoli tracking action, david faber new reporting on microsoft tiktok and berty on a multibillion dollar tech tale mike, first with you. Objects in motion tend to stay in motion to this rally grinding higher as a lot of the macro forces are pretty familiar right now. Another leg lower in the u. S. Dollar, real Interest Rates are further into negative terr
Shoulder. This is more than three vehicles, this is major damage, look at that, that white van as well as that pickup truck, two pickup trucks stopped behind but one smashed in the front. This scene fire crews are on scene, waiting for a number of tow trucks as well. Fremont pd has been called out to assist as well as about ten chp officers im told, saw on the report have been called to that scene as well. Were tracking that, as folks travel southbound, you see that the distraction is there, folks traveling from the right side to the left as well. So both directions as you go in. Northbound 880 is jammed up toward automall parkway by this crash. Another crash on the peninsula back out to the maps, i want to show you that as well, southbound 101 youll slow toward redwood city. Ill show outen the map coming up, over on the peninsula side south 101 slowing toward marsh, the second sig alert, Traffic Alert is going on there because of a deadly crash that happened overnight. Traffic much li
About the issues of fighting in some of these regions which makes a the efforts difficult and the issue of lack of local trust in some cases. Sunny green with you might be alone may not be an ass but definitely makes a huge difference for example world vision has been occurring out of Community Since the search for missing. Meets and. Teaching the people on how the disease is spread and how it can be stopped how it can be prevented from for them to. Prevent themselves from further infection but because we dont have sufficient resources to actually. Broaden that message submission we have been constrained so having those resources would be a huge relief to did to disseminate the information the trust from the local communities because they actually do not ignore how the disease is spread and how it can be prevented as long as we give them the right mr g. And that messaging is given by people they know the trust they were due to be trust within their communities and that whereas resource