Yeah, probably frustrating for a lot of people, power shutoffs persist this morning but in some cases power has been restored. This map gives you the latest look. Where the outages are and its mostly in the north bay and along the peninsula. Pg e plans to restore all power at some point they say today. Businesses in oaklands montclair district has power again this morning. They lost it about 20 hours ago. One Business Owner says hes becoming all too familiar with the same drill. Today is only one day. Also, its not a friday so its okay. We can survive. The north bay still feeling the impact. That wont help anyone get their wifi back which has been tough for anyone trying to work or learn from home. Decision 2020 for you this morning and President Trump and joe biden hit the south and midwest today after dueling town halls last night. Each candidate touched on the same issues but not on the same stage. Today in the bays tracie potts with reaction. I was flipping back and forth. Certainl
Themselves as a platform investors seem to be buying it with that stock up 13 this week it just keeps going up nearly 4 today and it laid out the case for longer term growth and ironically, it will come from the good old phone, right a lot of that conference was focused on the zoom phonewhich basically enables you to take it wherever you go. And there is s ais an axios rept saying that uber may be looking to celebrate its elevate unit, the moon shot flying taxi unit it reflects obsession with profit ability, but i might argue that it reflects his obsession to please sharehold s shareholders backing away from some of the longer term ambitions such as freight, elevate now and as well as selfdriving cars, it does raise a few questions. Yes, it may give the share price a bump in the short term, about where does it position uber lon term yeah, when these companies dont have a clear business Start Talking about that were a Media Company or a Helicopter Company or were a freight company, real
Month of september, strong Consumer Sentiment numbers to go along with them. And later, gilead pushing back after the World Health Organization says the drug remdesivir does not prevent death in coronavirus patients. Weve got the latest details as power lunch starts right now thank you, ty. The markets are marching back after a few down days. Dom chu has more on whats moving decent sized gains but off the high of the session. We are up 243 points with the dow at the highs of the session, up roughly 348 points. You can see there, yes, still strong gains but not nearly where we were earlier in the day. The s p has reclaimed that 3,500 mark, the nasdaq only up about one third of 1 . The leadership in terms of the s p 500 has been in one week industrials and technology, both up nearly about 1. 5 meanwhile, the biggest laggard off nearly 2 is the real estate sector some of the stocks to watch with regard to covid vaccines and everything else, pfizer shares, possible vaccine for emergency us
They do have a right to know where i stand and they have a right to know where i stand before they vote. Just ahead the nights biggest takeaways and the impact on the race with just 18 days to go. Second wave, cases of the coronavirus here in the u. S. Soared to above 8 million. Hospitals once again running out of beds. An outbreak forcing this nursing home to evacuate just ahead, the states seeing the biggest spikes, and growing concerns over the new surge in europe, where the virus is storming back, forcing countries to reimpose harsh restrictions. Scrambling. Weve got to put first things first. More covid outbreaks impacting both the nfl and College Football some of the weekends biggest games, called off. We dont think its appropriate that we try to play the game. Teams now being threatened with fines for violating protocols. Are major changes needed in order to keep the seasons on track . All that, plus staying alive. In the air, center field, hes watching. This is back and its gon
Leventhal and liz young. Liz, is this all about stimulus or are were genuinely concerned about these cases were seeing in europe . And, by the way, were doing a lot of cases here every day, too. I dont think its all about stimulus but were in the middle of a really heavyweight news cycle and its not allowing us to look out any further than about 30 days at a time. Ultimately in 30 days time the market is lower than today just on monday the s p was up 5 month to date. That didnt make common sense. Were in the middle of a highly c contentious market season and were still waiting for stimulus in the short term i think we should see a pull back here but in the longer term and even in the next three to four months, some of the fear around a blue wave has been a little overblown and the market has to weigh the two sides. On one side we might see higher tax ees and stronger regulation and on the other side some of the tariffs may be rolled back as an investor, even if we have a pullback in th