The freedom dividend is very bipartisan. That comes at a time when the the state that has had a president has also remarked dividend for the last 39 years about having a permanent is a deep red state of alaska ceasefire. Then, domestically, it comes at which is funded by oil. A time with the president s im saying technology is the oil impeachment inquiry is of the 21st century. Continuing and drew praise from this policy is not left, right, but forward. Some of his most ardent critics david do you agree with him . On capitol hill. Universal basic including speaker of the house nancy pelosi. David talk about the income. The dividend is different. Impeachment for a moment in connection with this. Of hiseally a shore up the reason we have a dividend is because the people of alaska cannot own, through the relationship with republicans on the senate side, some of whom statehood act with the federal government, the minerals were displeased with the pullback of troops from syria . Kevin absol
Well. Warm to hot but the wind picks up later and fire danger goes back up again. Its higher tonight and morning, so that red flag warning has been issued for the north and east bay hills, gusts over 40 to 50 in the Higher Elevations. Almost 90 degrees, temperatures well above average for the rest of the week and probably warmest tomorrow. They are all pretty close. Some of these are wind dependent with that easterly or northeasterly breeze making a bigger impact than no breeze at all. It will still be offshore. 40s, 50s and 60s here, east bay upper 50s and low 60s for some. But 60 degrees already in lafayette, so some are out of the gate on the warm side with temperatures beginning to move near 90 degrees today. Sal is here to focus on . Well, the 80 freeway, which a lot of people want to know about. Yesterday we had problems on the bridge and today its kind of a normal looking commute on 80. 35 minutes, pretty good for this time of morning to get to the maze. The bridges, san mateo l
Announce its second vision fun after its wildly popular first fun. First, our top story, uber out with secondquarter results including a 5. 2 billion loss. Level down to the lowest since may. Here to crunch the numbers and breakdown uber eats an active is Mandeep Singh payment fairly disappointing, what is your biggest take away . I think it was just a revenue miss, and part of that was related to the user subsidies in their ridesharing business, i think they have been using subsidies for a while. They have been seeing pricing pressure because uber eats is a very fragmented market. On the core ridesharing side, i think theyre doing fine. The large numbers large Growth Numbers are catching up. I should add that the adjusted loss was lower than 650 6 million versus 979 Million Dollars that analysts had estimated. Monthly users are below estimate, 99 million, the street was looking more like looking for 101 million. What do you make of that . Mandeep the fact is, uber is a global company.
And double digits, softbank announced its second vision fun after its wildly popular first tech fund. How it is changing up the landscape. First, our top story, uber out with secondquarter results including a 5. 2 billion loss. Sales, bookings, and monthly users all missing estimates. Shares down to the lowest level since may. Here to crunch the numbers and break down uber eats an active users is Mandeep Singh of bloomberg intelligence. Payment fairly disappointing, what is your biggest take away . I think it was just a revenue miss, and part of that was related to the use of subsidies in their ridesharing business, i the food business. I think they have been using subsidies for a while. They have been seeing pricing pressure because uber eats is a very fragmented market. On the core ridesharing side, i think theyre doing fine. It is just the law of large numbers is catching up. To me, it looks fine. Emily i should add that the adjusted loss was lower than anticipated, 656 million vers
Bespoke. This is how i want to kick off the conversation. The last four septembers for the s p 500, 2020 were down 4 . 2021 down near 5 . 2022 down more than 9 . 2023 down more than 5 . That sounds bad. The last three q4s, 2020 up almost 12. 2021 up almost 11. 2022 up 7. 2023, question mark. Do we have a repeat . Does history repeat itself . Do we have a good Fourth Quarter for stocks . I believe it will be a positive quarter. Ive said that on air. You have significant quarterly weakness, well talk about the reasons why in a second. I do think the prevailing trend of 2023 takes hold once again, and its led by mega caps. Its led by technology because in this environment, they are the companies that represent quality. They are the companies that can endure with a 30year treasury trading 4. 70 as you come on air. Thats why were seeing the s p in retreat right now. Coming to the quarter end, youve broken below the 50Day Moving Average, below the 100Day Moving Average for the s p. You took