Earnings, and we will bring you the trade. First, we start off with the amazing chase. The s p 500 and nasdaq starting at new alltime highs and the record move is forcing wall street analysts to play a game of catchup. And as Morgan Stanley is up on the price tag of apple for a street high of 1. 20 a share, and it is where apple past the beginning of the month. And with tesla, the stock is 1247 and the stock is now trading above 2,000 a share. So what is this giant game of catchup saying about the stock market that we are in. Guy adami . Well, first of all, welcome back mel back, mels, and i love that you are on every show since your return, the and so have you watched any baseball since you were gone . Yes, i did. No doubt you saw mike trout play, and to bring that up because of the absurdity of everything, a mike trout signed rookie card sold at action for 4 million and i dont point it out to be glib, but point it out because everything is chasing everything right now, andpel is one
Good morning, thank you for waking up with us. It is friday morning, july 10th. Im pam cook. We want to check in with Steve Paulson because we are keeping an eye on fire season and the weather and it is certainly hot. I can feel warmer air coming through the window. Not cooler here. When milo doesnt get below 60, that is really warm. 60. So it is not believed below that. Fog bank especially on the sonoma coast and marin coast going down the coast. Yesterday was just the opposite. But it is only impacting areas near the coast. But the city has actually cooled off below average which is different. Bigger coastal fog make but it wont help inland areas. 90s to 100. 53 in San Francisco, the average low is 54. 63 livermore and san jose, brentwood at 70, king curtis close, sfo, pacifica and the city, 56, will keep them cool to my but in the temple have note problem warming up. It will be pretty hot here. But near the coast, near average temperatures well above again. Over to sell, you still w
But close to 100 inland. We are 2 below afrmg. The record high was back in 1959. A few locations are a little cooler than 24 hours ago. And others, conquered and livermore are 4 to 5 degrees warmer. The fog, even though it is bigger will head back to the coast. Then we will see 60s and 70s on the coast and bay. And santa rosa and san jose will all be above. And now sal heading to the bay bridge toll plaza. We are looking at the east bay. Since you mentioned the toll plaza, i think i will dial that up for you and show you the traffic is backed up for the 10 to 15 minute delay that we normally have at this time. It is not a light commute. People are getting to business and driving to San Francisco. There are no problems on the Altamont Pass but has has cleared. 28 0 troofk looks good and so does traffic in the valley. Lets go back to the headlines at 7 02. We begin with a developing story we are following. Three contra costa sheriffs deputies were injured by a barricaded suspect. The per
And we thank you for making us part of your morning. Good morning to you. Thanks so much for joining us. Im laura garcia. And im Marcus Washington. Mike is keeping an eye on that commute. He will tell us what we need to know before we head out the door, and right now we want to start with meteorologist kari hall who has a look at that forecast for us, what we can expect. Kari, with that sun rise behind you, im seeing sunny skies and warmer temperatures. Yes, its going to be warm as we head to the weekend. Were looking at a little bit of a break for some of us. This is a view from the cupertino hills. Most of our temperatures are in the mid50s but we go from there to the low 80s today. I think pretty much throughout the whole afternoon you can enjoy some time outside with a good amount of comfort as we look at our temperatures with livermore reaching 86 and some mid60s in San Francisco. Well talk about those hotter weekend temperatures. Mike, whats happening out there for the commute .
Chinese own ticktock pulls it out from hong kong can a social media sensation escape the crossfire as the rivalry between china and the us. Also on the show new developments in the facebook ad caught well talk to our from our new York Financial correspondent. And we follow the fortunes of a Migrant Worker in germany was caught up in the largest outbreak of covert 19 in the country so far. Hello and welcome to the show im Stephen Beardsley and this is your business update. Has moved its app from hong kong joining other Tech Companies that are seeking to protect users there from china strict new security law a social media sensation is owned by a Chinese Company and is now in the crosshairs of the u. S. Government secretary of state mike pump aoe even said tuesday that banning the app in the u. S. Is a possibility. While web users in Mainland China have to negotiate a powerful censorship system hong kongs internet is free and open until now anyway Google Facebook whats up telegram and tw