Additional funding for the post office to other elements of support that might potentially encourage mcconnell to call the senate back as well. But that will be a bridge we will find out more about later yeah, will they have a relief bill as people look to get relief and extension that they have been waiting for for, you know, several weeks now since it last expired. Over to you, john. Interesting what the president was just saying. Drawing a distinction between universal mail in ballots, which he opposes, and absentee ballots which he has cast himself and is in favor of saying he does not favor slowing down the mail. He wants to speed up the mail, of course. The house wants to question a lot of that and well see if that happens thank you, it is 8 00 a. M. At apple headquarters in coopertino, california, its 11 00 a. M. On wall street and squawk alley is live good morning, what a week it is, can you believe were starting this monday at levels for the markets that we were prepandemic. T
Good morning, what a friday morning. No lack of news today. Home sales, the biggest quarterly jump in history. Management changing for some of jeff bezoss and it is a 4 gain today. They added nearly half a trillion in the market cap this month. It is staggering, because apple right now is about 62 billion plus above the 2 princip trillion mark. That is like adding vm wear. That is your oef raj over the two tril mark. I dont know how history will judge that when skail has taken on new meaning im crashing my ahead because im not wrong, right it is remarkable but it raises questions about the breadth of this rally, right . We continue to see the big tech mega cap names push higher and investors saying can it continue, youre leaving a lot of names in the s p especially behind, karl. Thats right, something to watch as more and more people are looking for signs of a bubble now we have a piece that just crossed regarding facebook laying out contingency plans should the president try to delegi
Ah but have a look at tesla. It made a profit. Its opening a factory in texas. It hopes to sell a half million vehicles this year and the stock is up again this morning. Elon musk now leads, im going to say he leads the technology economy. The stocks up 64 bucks now. Microsoft down. Whys that . Im told its because their Cloud Business only grew 47 . First time the growth rates been below 50 . Well, sell that thing. The stocks down nearly four bucks. Theri cnhe tin in po rt landrtla oregonor a44th offf inriing. Th ayor or jtl jedostl bedy b b pst at th supporsupp the anarc ahinast anast anaaken ne inne t ihen theheneworkork ity i nows theshehe wororst pl ac businebuness retairsrsrsrsrs sarsy. Now, tnohaw,tw,w,s a is. Th e new cold war, china and andhe s. A a fitivs researcher linked to chinas military is reportedly holed up in the chinese consulate in San Francisco. The president s considering closing that consulate just like the one in houston. And now look whats lapping on happening o
Coronavirus. Reporter do you feel like a prisoner . Absolutely, i feel like a prisoner in my own home. Reporter she heard commotion outside her window. It was jasmine fighting with a woman who began choking her dog. [ bleep ] [ bleep ]. Reporter i went back this morning to talk to lisa about witnessing such a thing. This dog is innocent. It didnt hurt anybody. Reporter she told me the police wouldnt take action unless the dogs owner pressed charges. So you can just abuse a dog in San Francisco. Reporter so i contacted public officials, franciscan mal Casan Francisco care and control. They saw the disturbing video. Weve heard anecdotal reports of rapes, of middle of the night violence. I didnt like seeing that video, but it just confirmed what we already know. Reporter pascan tells me hes working on finding alternative sites for homeless tents, including testing for hotels. Hes been working on homelessness in his 20 years as supervisor. Reporter i hear that youre trying your best, but m
The past 10 years alone are impressive. It is showing up allaround the city as you drive through. Everything from the Veterans War Memorial building and this building and all around. We want to make that part of the discussion that happens there. We talk about the work we have to do. We want to say thanks to the citizens that we have been able to get the funding to make it all happen. Thank you. Probably the most common question i have been asked over the last six weeks. This happens before the earthquake anniversary how much better prepared are we than we were 30 years ago . The answer is much better prepared. That is in great part to the folks here but also the people of San Francisco who have supported all of this work. However, that doe does not meant we can sit back and think everything is okay. These opportunities are helpful and we want to encourage everyone to stay on their toes here and remember it is important if you can prepare, take some measures that you do so. There are m