The tech rally still has room to run. Thank you. See how that works. Intels chief Financial Officer bob wan is back with us, talk about the chip anchors better than the expected earnings and concerns at rival amd could be taking a bite out of its business. They had to defend themselves on the intel Conference Call. Some of the analysts asking about that tremendous competition from amd these days. Yeah. Well ask him about that so lets begin with amazon still weighing on the tech sector. Bertha coombs has more. Reporter following that earnings misamazon seeing its worst day since early june selling off on pretty strong volume and thats providing the biggest point drag on the nasdaq 100 but amazon is coming off an alltime high just yesterday and shares are still up fractionally for the week and in fact up 6 with one more trading day left here in the month of july. The impact on bigcap tech is somewhat muted the major tech indices are down fractionally and treating volume actually isnt ref
Oil inventories tonight. The market, futures higher as stocks break their losing streak glimmers of a plan macys adds a Top Executive and announces a further restructuring, how the new ceo is talking about those changes. Forecast in decline in teen anl u usage. Stocks are poised to open higher playing a big role politico, jim, says the big six as they call them, has a lot more than they had in july when it was just six paragraphs. I thought mcconnell saying there is going to be a debt ceiling not an issue was really important. And i think that can be an underpinning for a potential rally, given the fact that until he said that, i think that it was just well cast there may be organizational principles here. Im not saying that i think anything can get done necessarily on taxes im also saying were not going to suffer from a debt downgrader. You believe mcconnell i do. I think mcconnell is trustworthy on this issue. I really do. I know im out there on that. Politico at the same time as a p
Prompted by the june jobs report, more than 4 million americans returned to work. The data was gathered before the recent surge in cases. Joining me now is to take a closer look at this, peter navarro, white house director of trade and manufacturing policy. Peter, thank you for being on the show. A number of stark warnings in recent days from current and former Trump Officials about the coronavirus. Lets listen. Ill get your response on the other side. Do you think that the president sort of i mean, he obviously really wanted to hang on to this trade deal as much as possible, because but given everything thats happening is that over . Its over. Yes, i think that heres i think the turning point, they came here on january 15th to sign that trade deal and that was a full two months after they knew the virus was out and about, it was at the time when they already sent hundreds of thousands of people to this country to spread that virus and it was just minutes after wheels up when that plan
We will pull together and put our town back together. Reporter from the ashes, in weed, wayne freedman, abc 7 news. So much of the progress on that fire in weed depends on the winds. Abc 7 meteorologist sandhya patel is tracking the weather. As we take a look at our red flag warning, it covers the area of weed until tomorrow night with good reason. Take a look at the Current Conditions up in that area near the weed fire. We are basically looking at gusty winds, 84 degrees, relative humidity is 24 . Wind out of the southeast to 21, gusting to 32. The strong winds along with low humidity and dry fuels will keep that fire danger up. It will make it a fight for the firefighters. I will be back with a detailed look at the potential for rain helping them battle that fire and for us here in the bay area with the drought situation. Ill be back with those details. Nearly 6,000 firefighters are on the job right now trying to contain a dozen wildfires across the state, including the fire in weed.
Interview. Flynn was discouraged from having a lawyer, the lives would be criminal and punishable. Actions in the west wing including lies to the trump Transition Team. I cant hide my disgust, my disdain for your criminal defense. Not only did you lie to the fbi but you lie to senior officials and the incoming administration. Judge sullivan who said he also had concerns about the fbi handling of the flynn interview question the basis of the case. Asking the special counsel lawyer whether the flynn phone call with the Russian Ambassador was criminal. After a long pause, they said it might be a violation of the logan act. A judge noting an unauthorized contact between u. S. Officials and foreign governments are really prosecuted. The judge tweeted good luck to flynn and we are arguing that he was certainly ambushed in that the fbi that we know had clear political bias. We have seen that time and time again. Late today the transcript for mondays closeddoor session for fbi director james c