When you ask somebody who is not from california what californias biggest industry is, they will often guess technology. Thats incorrect. They will say, its probably entertainment because they are thinking of hollywood. That is incorrect as well. The answer is just south of here. Its agriculture. Just south of Silicon Valley, you will find artichokes and lettuce and Strawberry Fields forever. Plenty wants to bring agriculture into cities with robotic farms inside perfectly controlled and with amazingly high yields. Nate story is the cofounder. Thanks for being with us. Your vertical farms are shipping to 32 stores . You will build a new one in los angeles . Thats right. We are building a farm down there to ship to hundreds. How big can these farms get . When i talk about those fields that are just south of me sometimes i can smell the garlic and onions here in Silicon Valley. We are talk about miles upon miles. You are talking about a building. Can you scale to reach demand . You know,
Im becky quick along with joe kerr de kernen and Andrew Ross Sorkin. After two days of optimism, the get out there again trade was on turned around a little bit yesterday. We did see people rushing back to the stayathome stocks as covid cases and momentization hs continue to climb. And some states are imposing restrictions and the nasdaq ended up 2 after being down monday and tuesday. Yesterday the dow ended flat, right now indicated down by about 115. Never made to the record, still waiting circumstanling around tt s p 500 down by 2. 5 and nasdaq indicated up another 51 points this morning these were the stay at home stocks, amazon up, apple up 3 , zoom which had gotten hammered, yesterday up by almost 10 took c docusign 5. 2 and netflix 2. 2 and treasury yields, yesterday it was closed for veterans day this morning it is open and you can see the ten year still around the very heightened levels, again, not historically, but based on what weve seen in recent history within range of 1 a
The nasdaq at 2. 0 we can buy the stock we can buy the recovery stock once we get a vaccine. We have people returning to the cities we buy the apartments. We have a lot of people eating at home will soon eating out again with a vaccine so not by the food packet place and the restaurant thats adventure wisdom. After a huge run over the last week and a half where the market is very over bought and a ton of strategists raising 2021 dramatically i am going to articulate a different field, a caution one it never works out that everyone wins i am going to sigh at tay at th beginning. I dont think all of this will happen you got to know, maybe have some cash if stuff happens, you can use the buy. First, it is terrific that we can see through the valley of the shadow of covid. Jesus, we are seeing at insane number of new infections here to the point where hospitals are overwhelmed. While we gotten much better treating the virus, it is undeniable we are approaching a triage situation. Not good
Thanks so much for being here tonight for one of the most contentious consequential and closely watched u. S. Elections in history thats right Democrat Joe Biden is fighting to unseat republican President Donald Trump and the world has its eyes on america tonight and well be following every twist and turn with our team of correspondents and experts and ill be keeping you up to date with all the results as they come in and this of course is an election played out with america in crisis mode the cold food pandemic is surging and theres a stark political divide and thats raising fears of unrest but turnout is set to shatter all records lets take a look now at deadline day for American Voters. This is what us to mock crissy looks like today huge lines at many polling stations in one of the worlds oldest and largest democracies from chile wisconsin in the north. Through the city that never sleeps. To tropical florida and the south voters seem to have shown up in massive numbers even during
In the United States today, there are only 38 women serving as ceos of fortune 500 companies. One of those with the best track record is tricia griffith, ceo of progressive insurance, one of the largest Automobile Insurance Companies in the United States. She started as a claim adjuster and worked her way up to become in 2016 the ceo. Since that time, the stock is up more than 175 . My big mistake was, i didnt know her then and i didnt buy stock in the company. If she ever leaves that company and go somewhere else, im going to buy that stock right away. So for those who arent familiar with progressive, and if you watch television you would be familiar, because you have a lot of television ads, right . I am just curious, why is it that Automobile Insurance Companies seem to advertise a lot . I see your competitors advertising. You advertise a lot. Is that because people will be guided in their insurance decision by the advertisement . Tricia it is just a really competitive industry, whi