Christmas eve. It is Christmas Eve. How is it looking out there . Not waiting for you. Here it comes. Its starting out cloudy, cold this morning and as we go into tonight, rain will be arriving into the bay area, so as we take a look now at our current temperatures, ooh, we are below freezing in the north bay. Napa, santa rosa, down to 30 degrees, and were at 36 in livermore, where we are also tracking patchy, dense fog in the north bay, were concerned about some icy roads. As we go into the rest of the day were going to see a mix of sun and clouds. Mountain view reaching into the low 50s. Well talk about the rain coming up. Mike, youre tracking a crash on the peninsula. Thats right its 6 01. Why am i starting with highway 35 at kings mountain, a crash that cleared so minor slowing, because thats the biggest deal we have out there on the roadways right now. Its a smooth flow of traffic there and should recover nicely. 101 280 no problems. South bay, trivalley, out of the Altamont Pass
And we hear from the viagogo chairman and founder after that stubhub cash deal from ebay. First, our top story. Five years ago, alibaba pulled off its biggest ever ipo on wall street, and today, it rang up the biggest share sale in hong home in hong kong in 10 years. The listing is being seen as a triumph for a stock exchange. Stars toyears it lost u. S. Rivals. This comes as prodemocracy protest have gripped the city for weeks. Joining us from washington, john freeman, Vice President of Equity Research at cfra. If you take a look at the company raising an additional 11 billion, where do you see that company in terms of that use of cash . Thank you for having me. It will be interesting to see what they do with the extra cash. I think that brings them to about 43 billion in total, 21 in net cash. I would like to see them invest more heavily into the Cloud Business, which is 8 of revenue now, it was growing 64 yearoveryear growth in the last quarter. We have seen this movie before, how t
Chairman and founder after that stubhub cash deal from ebay. Five years ago, alibaba pulled off its biggest ever ipo on wall street today, the biggest share sale in hong kong in years. The listing is being seen as a triumph for a stock exchange. It comes as prodemocracy protest have gripped the city for weeks. Joining us from washington, john freeman, Vice President of Equity Research at cfra. If you look at the company raising an additional 11 dollars, where do you see that use of in terms of that cash . John it will be interesting to see what they do. I think that brings them to about 43 billion in total, 21 in net cash. I would like to see them invest more heavily into the Cloud Business which is a percent of revenue now, it was growing 64 yearoveryear growth in the last quarter. We have seen this movie before, how the Small Business scales with amazon. 12 of revenue, 70 of profit. As it crosses the breakeven point soon and they can offer additional services, i think that would be a
This was the scene at a Halloween Party that took place at an Orinda Airbnb rental thursday night minutes before shots rang out. Cell phone video captured the gunshots and the panic. This is a party that had over 100 people in it. All of those people are potential witnesses to what happened. Reporter four people died in the shooting. At least four others hurt. A friend of omar taylor posted a photo of him on social media s aing he was one of the four ide area and a lot of people involved. Were still trying to wrap our arms around what exactly transpired. Police say they dont believe those involved are from orinda. The gathering was an airbnb mansion party. Im looking about 1,000 plus people popping out tonight one person posted. This is not the place for that. People didnt move here to deal with that. The people that lost their lives neighbors are rattled. Some complained about noisy parties there before. The city acknowledge bes, theyve cited the homeowner twice over the past year and
And goodbye to Daylight Saving time. Otherwise known as hello fuzzy socks. The temperatures in the north bay are going to dip down into the 20s. So this is what it looks like right now, beautiful out there in san jose. 42 degrees. Lets get right to the temperatures because look at santa rosa. 35 degrees. Down through santa cruz, 40s, livermore, 39. And for that reason, there is a frost advisory in place until 9 00 a. M. Mainly for the north bay, valley and the shelter areas, we could see patchy frost out there, so there is the time to take into k consideration any of your pets outside during the cold nights and time to bring them in, and also your plants if you need to protect your plants and also do that, and we could do a good job of protecting trees and stuff. So make sure to take that into consideration as we head into the month of november and december. But believe it or not, kira, off to a cold start, with the temperatures above normal for today. A warm day. And then things cool