Business that logged the worst session since march of 2020. 166 billion wiped out that is equal to the entire market cap of nike and amd or disney that cloud weakness spilled over into amazon. We will hear what amazon has to say tonight after the closing bell amazon shares off from yesterday at 1. 7 . Treasury yields picked up. The 2year treasury at 5. 12 thats the key level those are good facts you gave you can find a lot of companies uccompanies. Boeing ibm. Ge to lose that and still be worth a lot is the good news and bad news maybe good news and bad news morning. Uaw and ford reaching a tentative deal to end the sixweek strike. Phil lebeau is joining us with details coming out overnight good morning reporter good morning, andrew the final push for the deal was this week after the uaw called for more strikes ford earnings were set for thursday they finalized a deal. It kaulscalls for a 25 hike foe several four and a half years. There is more Profit Sharing for retirees here is shawn
Nearly six weeks after the union began a walkout. And Morgan Stanley says it has its new future leader. Dont miss a first on cnbc interview with ted pick and current chief executive james gorman lets begin with the nasdaq which is set to fall deeper into correction territory the ndx coming off the worst day of the year. Now down 11 from the july highs. It looks like the mega caps are catching up to the decline of Everything Else i think theres an overwhelming sense that they all went too far. That they all got overvalued i do not share that. Well get to meta. These are not ultra expensive stocks, theyre a couple turns in pe. Theyve become major sources of fund i think its more correlated with the bond market than earnings yes, google did not tell a good story, it wasnt like they missed big meta, otherthan a few lines that were about meaningful spending, meaningful hiring and also obviously difficult to advertise when you have a wash, it was quite good. Now, the stock is down literally
Been filed after a man ends up in a coma after allegedly being tased by east bay officers. Plus, caught on camera east bay business burglarized right in the middle of the day by someone who this donut shop says was a regular customer. Station. Hes calling for news 2. Thank you for joining us here this friday on kron for news. The 2, im Justine Waldman today, the Oakland Police department laid to rest one of their own officer. Jordan wingate died last saturday from injuries suffered while on duty in 2018. The 29 yearold spent more than 5 years fighting for his life. Kron 4 Charles Clifford is live for us now outside of the church in Castro Valley with more on the moving service that happened oday. Thanks for joining us. Well, good im outside the 3 crosses church here in Castro Valley. The Funeral Service just wrapping up. Folks are leaving the parking lot officer jordan wingate. His casket has also left. Lets going take a look at some video now. Wingate, as you mentioned, was severely i
Fallen Oakland Police officer. He passed away last saturday after being critically injured in a crash while on duty nearly 6 years ago are Charles Clifford was at the service today. It was held in Castro Valley. Here in Castro Valley on friday at the 3 crosses church, hundreds of Uniformed Police officers from all across the bay area in california. Along with family and friends remembered former Oakland Police officer jordan Wingate Wingate was severely injured in the line of duty back in august of 2018. He spent most of the time since then on life support this past weekend. He died from his injuries. His casket arrived here at the tree crosses church just before 11 oclock on friday, his arrival was greeted by officers from the california Highway Patrol oakland hayward, san leandro, San Francisco, san jose, along with sheriffs deputies from Alameda County and San Francisco and others. He was remembered as an excellent Police Officer and a good man, a son, a brother. A family member, a
April 26. Look whos here. Yes, thats julian glover. Its like opposite day right now. Freaky friday i dont know whats happening right now. Good morning. Its good to be with you all. How do you feel . Uh barely awake. Good. There you go. We love that. The caffeine will be pumping soon. Okay. Kick in. And this morning were tracking windy weather today, so friday starts out with some drizzle out there. Live doppler seven showing you we are tracking a couple of cells. This is all ahead of a cold front that will bring about some gusty winds later today. You can see those showers along the coast. Right now. We have a couple of light showers over the city, some moving through the east bay shoreline. These will be short lived. Well keep it in the forecast through about 9 a. M. This morning. And then its all about the winds later on this afternoon. So the big headline today is were wind whipped afternoon wind gusts between 20 and 40mph. Later on today, winds have already picked up. Look at some