Giants of silicon valley. 10 trillion in market cap. Adam lashinsky, from fortune, both fox news contributors. Along with former investment banker carol roth and tech expert lance ulanoff. Thank you so much for joining us. Scott, first to you, which of these stocks will move the market, move the most after the bell. Given where we are during the pandemic and kind of where the consumer is i think it is an amazon story and not because amazon is retail and tech with Amazon Web Services youre getting a little bit of both. Youre getting a little bit of tech with amazon and certainly get the retail exposure. Amazon in some cases, david, by some estimates is pushing a hundo billion of revenue. That incredible for reporting services. That is a big tech titan. A big retail titan. That is why it holds so much water. David adam, call me oldfashioned i look at apple of the four stocks, because sometimes they low ball numbers before the earnings come out and investors are surprised when they do. Fr
Good morning welcome to squawk box. Im becky quick with joe kernen and Andrew Ross Sorkin weve been on a bit of a winning streak up four days in a row. Yesterday the dow was up this morning, you are seeing a little pull back dow down s p down and nasdaq off by 172 yesterday, Goldman Sachs helped. Good news from moderna godm goldman came out with much better numbers than anticipated. Also looking at the trezy yield. The 10year is sitting about 0. 622 good morning. As joe mentioned earlier the twitter shares are lower after the company showed dozens of users were part of a twitter hack targeting some employees who had access to systems and tools. Among those hacked joe biden, jeff bezos, bill gates, elon musk all telling users to send massive amounts of bit koip to an address they are diagnosing the problem and will share everything once the picture becomes more clear if they got in through employees with tools and access to accounts that raises questions about security procedures at tho
Because of it. And the retail divide continues. Walgreens and Bed Bath Beyond getting crushed today following weak sales updates and the staples names like walmart and costco are higher. The s p 500, were 59 minutes left of trade. Its not there the nasdaq is up 0. 6 . The s p 500 is a little bit lower. Just a few moments, well speak with alpha one capital dan niles about the market selloff why tech in particular has been outperforming and what to do now. Plus, former treasury secretary jack lew will be with us to weigh in on joe bidens economic plan and work from home winner service now, it is up 50 on the year Just Announced a new partnership with zoom. Bill mcdermott will be live to discuss. Another very strong day for the cloud names. Lets get straight toour big story of the day the market selloff mike santoli is tracking the action all day long which does appear a bit better in terms of the losses, mike yeah. This was a day when we sold the rip in the morning and then bought the di
On this investigation. Henry. Reporter these charges are extremely serious, indeed. In fact, the suspect could face the Death Penalty. Even though it is on hold here in california. Special circumstances murder. Those are the charges lodged against Steven Carrillo, accused of fatally shooting the santa cruz sergeant, sgt. Damon gutzwiller. The santa cruz d. A. Charged Steven Carrillo with murder in the special circumstances of murder of a peace officer and lying in wait. This means if he is convicted he could face life in prison without parole or the Death Penalty which is on hold in california. What the district me in santa cruz is doing is hoping that at some point that moratorium will be lifted and the jury will be afforded the opportunity to bring back the Death Penalty. Reporter the d. A. Said earlier in the week that Steven Carrillo will be prosecuted to the full extent of the law. I can assure you that this person will be brought to justice. Reporter he leaves behind a pregnant w
Studios, this is kpix 5 news. As we look east the beautiful bay bridge on this friday morning. Good morning everyone, its friday, june 12th. I am michelle griego. And i am len kiese. We have a check of our forecast. Good morning to you. Good morning, we made it to friday, we did it. We are looking at cooler and breezy conditions as we had through our day. Here is a live look and our temperatures as we start off our friday. We are looking at those temperatures that are going to be the the afternoon a little bit cooler. Daytime highs as we had to afternoon in the 50s and 60s this morning as we go through mid60s to San Francisco, 73 and 74 for concord. Below normal for this time of year. Lets check in for a look at traffic, good morning. We start off with a trouble spot at the bay bridge on scene investigating an unfortunate incident. A fatal crash, half a mile past the toll plaza. Three lanes are blocked as where those lanes when we open, we dont have a lot of details on this trouble spo