Well take you live to the floor of the new york merc. Consumer reports says tesla is the best car it ever tested. Getting a perfect score. Weve got the man behind the review coming up. And the cholesterol drug wars are heating up. Amgen could get approval from the fda within the next hour for its new treatment. We will bring you that news and tell you what it means for the Pharma Company and its rivals. We begin with two stories. One is the traction we are losing on the big board here. The second is crude oil surged for much of the session. Jackie deangelis has that at the nymex. Good afternoon. A huge surge in crude oil prices. More than 10 today in wti. 42. 56 is where we close. We did hilt an intraday high of 42. 75. Monday we closed under that critical 40 mark and today trading near 43. We had a stroonger dollar today but that couldnt hold crude prices down. Traders saying it was momentum in equities helping the crude rebound here. Decline in inventories supportive. Short covering
Bonkers. There is the second cell going through. Came out of eastern Contra Costa County, oakley, antioch, brentwood and Discovery Bay and moved into mount diablo, bay point, walnut creek. That is the second cell moving through there is the first. That fella part once it got past concord and walnut creek. This will be likewise as well. Starting off with cool air. But the cone shows from walnut creek to berkeley. Berkeley would be more of a rain. Multiple cells are going bonkers in the north bay. From calistoga to southern end of lake county, middle town and Hidden Valley lake, santa rosa, windsor, now heading down to the Russian River, occidental and bodega bay and even more from the east. Up to calistoga as well. Look at that over san rafael. That is big time. Over to sebastopol and Russian River, forest villas well. Thats not the only one. You can see a little towards middleton here. Big cell went through gilroy. That has since collapsed. You can see that heading over to watsonville.
Higherlevel employees. The committees that oversee hong ,ongs Financial Sector lawmakers want to know how the Hong Kong Exchange and its regulator will protect investor safeguards. Global news powered by 2700 journalists and analysts in more than 120 countries. This is bloomberg. Markets in hong kong coming out of the break, a snapshot of how we are doing. We will have an update and one half hour. This is bloomberg. Emily im emily chang, and this is bloomberg technology. Of theeats estimates Fourth Quarter as the iphone x starts worldwide sales. The clock winds down to the of this will start the official start of the iphone x era. Alibaba plans to go full steam ahead the rest of the year. Business helps double revenue. My conversation with former twitter ceo. His take on Holding Big Tech accountable. And intensifying the crackdown on trolls and bots. Our lead is apple out with quarterly earnings. The Company Quarterly sales exceeding expectations. This is apples most important Product
To care about, he should step aside. Right and later tweeted that the policy of mandatory antiharassment and antidiscrimination training. Global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. This is bloomberg. Emily im emily chang, and this is bloomberg technology. Coming up, new details on apples nextgeneration of the iphone. The iphone x has just hit stores, but the company is already at work at a new technology to its upcoming device. Plus, airbnb hit a new milestone. The Company Continues the strength of posting a profit with 1 billion in revenue. Can the rental startup keep growing . As the debate over saxophone continues in congress, we will discuss the impact for the Tech Industry from the Big Companies to startups. First to our lead. Apple continues its neverending cycle to ramp up the Technology Used in the iphone. The Company Plans to take another step toward turning the smartphone into an ar augmented reality device. Apple
Congressional republicans rejected confidence. About delivering on a tax overhaul. President trump is planning an inperson appeal to lawmakers. House Speaker Paul Ryan has become the latest republican lawmaker to call on roy moore to drop out of the Alabama Senate race in light of recent accusations of Sexual Misconduct made against him. Speaker ryan number one, the allegations are credible. Number two, if he cares about the values of people he claims to care about, he should step aside. Ryan later tweeted the house will adopt the policy of mandatory antigraft and discrimination training. Global news 24 hours a day. Powered by more than 2,700 journalists and analysts in more than 120 countries. This isa parenti, bloomberg. Emily im emily chang, and this is bloomberg technology. Coming up, new details on apples nextgeneration of the iphone. The iphone x has just hit stores, but the company is already at work, adding new technology to its upcoming device. Plus, airbnb hit a new milestone