Softbank vision fund. What is going on . Of new reports. And 2019, the year in review. ,he plans for Cryptocurrency Facebook felted all. What is the strategy going into 2020 . First and the top story, shares of micron up after they reported betterthanexpected top and bottom line numbers for their fiscal firstquarter and the forecast strong numbers for the current quarter. Gross margin is something i have been eyeballing all day. They are coming in more than 27 . At the ludlow ed ludlow is here to break down the numbers. What is your key takeaway from this report . Reporter with these numbers, that is the optimism across wall street. The memory chip market will rebound probably at some point in the second half here. When we talk about dynamic random access memory, we are referring to the memory change that goes into computers, pcs. You look at the chart, prices trade like a commodity. They have been trickling as new Technology Comes into the market and capacity comes into the market. Th
Above freezing this morning after we spend morning with some chilly temperatures the afternoon ahead looks comfortable with highs back in the 70s. Before yet another chilly one tonight was all good to still to come. Rob. Thank you john checking in on the bay bridge if you need to drive into San Francisco right now make sure you get out there early because there is a backup here at the tolls cash lanes fast track lanes spilling back into the maze. So yes, 5. 80 still solid from 24. If you come in from the east shore freeway you have to do with the crowding to Emeryville Berkeley albany. But it does get better west of Treasure Island, the richmond sandra fell still stacked up the on richmond parkway so about 13 minutes to the north bay and then were checking in on one oh one 65 minutes, its recovering from an accident. Northbound and moffat and Mountain View so youre still backed up through sunnyvale and san jose, its recovering, but still quite slow heading north to james. Thank you ver
Republicans, it is 2027488001. Democrats, 2027488000. Independents, 2027488002. You content you can send us a text this morning. F that number, 2027488003 please include your name and where you are from. On cspan it is twitter it is cspanwj. On facebook it is facebook. Com cspan. A very good thursday morning, Mark Zuckerberg talked about this issue of trust in his Opening Statement before the House Financial Services committee as he was talking about the company entering the arena of Digital Currency. [video clip] thate idea behind libra is sending money should be as easy and secure as sending a message. Is something that needs to get built, but i get that i am not the ideal messenger for this right now. We have faced a lot of issues over the last few years and i am sure there are a lot of people who think it was anyone but facebook proposing this. There is a reason we care about this and that is because facebook is about putting power in peoples hands. Our services give people a voice
Its back to 32 a share. Down 6. 58. Overall, the markets holding pretty steady as the profit reports roll in. In fact, id say stock prices are real solid and some of the profit reports, thats keeping the market at very high levels. No big pullback at this point. The dow industrials will open up about 40 this morning, s p up 6. By the way, the s p is only 22 points away from the alltime high. Whats that, just one big rally . The nasdaq, look at it go, up a half percentage point premarket. Big deal. Now let me lay out what we have for you. An important speech from Vice President pence on china. He may take a hard line. That could affect the market. And here comes amazon, perhaps the most important Earnings Report of them all. How strong is Consumer Online buying . Very important and we are going to find out today. Of course, we are going to watch apple hit new highs and unless something dramatic happens, we are hardly even going to mention impeachment. Here we go. Varney company is about
The showdown between the president and House Democrats intensifying over the constitutional rules. As th dodge administration saidl not come plo comply with impeachment inquiry. And Hillary Clinton joking she could obviously beat President Trump against in a 2020 rematch. Maybe there does need to be a rematch, obviously, i can beat him again. Melissa there you go. I am Melissa Francis in for elizabeth macdonald, the evening edit starts right now. Melissa good evening, we have all of the angles covered, Edward Lawrence in dc, to your money with gerri willis on the floor of New York Stock Exchange, we start with edward at the white house. Edward . Reporter all eyes on trade talks tomorrow and friday, well see if the smiles happen at the door for handshake, for the meet and greet for heads of two trade teams, and if the smiles trade away, chinese trade delegation came here to try to work out a deal on parts of the agreement that both sides agree upon, then well have a timeline Going Forwa