Not surprisingly tech stocks are holding up the best today. Bob is looking where we stand on earnings about halfway through the season and our tech team will get us ready for what to expect tonight josh lipton on apple julia on facebook. Bob, lets start with you. Kelly, earnings are a little bitter than expected the market is holding up pretty well because of that the big winner here remains technology stocks. Why shouldnt it just look at the Second Quarter earnings estimate. You heard of what a disaster the sec quarter is 38 for the Second Quarter this is almost the same for the Second Quarter technology will have a small decline. Thats why tech keeps winning. Look at lam research they make semiconductor equipment. The ceo said covid19 has underscore the rapid growing on reliance look at the chart up 28 good Earnings Report but straight up since the bottom in march. Telemedicine is killing it look at these numbers here 2. 8 million visits in the Second Quarter. 200 growth. They raised
Officials, discusses the rising number of cases in several states. Nicole clowers discusses her ys reports of how relief funds from congress are being spent. The u. S. Supreme court is wrapping up its term this week, issuing decisions in cases heard earlier in the term. One of those decisions upholds the Electoral College, by saying electorsfaithless defy the will of the voters. Welcome to the washington journal. It is four months until election day. We will start asking you about the Electoral College. Should the Electoral College be abolished . Isyou think so, that line 202 7488000. If that answer is no, the line is 202 7488001. We welcome your comments on text. The line 202 7488003. We are on twitter. Facebook. Com cspan. Is expected to issue more decisions this week, wrapping up its term. A little Electoral College oneonone from the national archives. A little Electoral College 101 from the national archives. The number of electors is equal to the number of members in the congressi
Discusses a new report on americans saving for retirement. As always, we will take your calls, and you can join the conversation on facebook and twitter as well. Washington journal is next. Host it is the washington journal for november 20. Retiring arizona senator jeff flake was caught on camera saying the Republican Party was toast if it became the party of donald trump and roy moore. The president reacted to senator flake on twitter. We are interested in the reaction from you. We will show you more of what senator flake said he we want to get your thoughts on his sentiments and if you agree or disagree. 202 7488000 for democrats. 202 7488001 for republicans. Independents, 202 7488002. You can post on twitter cspanwj. On our40 comments Facebook Page already. If you want to make your comments known there, facebook. Com cspan is where you turn. Abc news picked up the story of senator flake, caught on camera on a hot mic, by a local news affiliate station. The abc news story goes that t
And im laura garciacannon. A good forecast for us. A lot of comfortable temperatures. You walk out the door, you see a few clouds this morning. A very nice day and a live look. It is partly to mostly cloudy. Our temperatures are nice and cool. At 10 00 well be at 67 degrees. All clear and sunny with highs today only 77 degrees. A look at our high temperatures around the bay area, much more comfortable than the way we started this week. Well be up to 85 in one of the warmer spots while San Francisco up to 67. More on that coming up. Mike is looking for a lighter commute. The bay area. Its friday. A little build over to hayward as we look at mostly green sensors, even the south bay. We did see the traffic flow build up there. A live look now and we do have traffic flowing but at least its visible. Back to our top stories were following this morning tracking Hurricane Irma. Early this morning forecasters lowered the storm to a category 4 but it does not mean it is still noting a powerful
Julia boorstin is monitoring it. Facebook shares, we should note, volatile in the after hours session, down about half a percent right now. Despite an earnings beat. The stock initially syrininking. This follows a tough day for the tang stocks overall getting hit hard. Facebook is, of course, the last of the fang stocks to report earnings this quarter. So can facebook keep growing and is it signalling the end of the tech run . Dan nathan, what do you say . As far as the move in the after market right now, the stock down 5 from the alltime high it made early last week. So i think its pretty muted. They came in with a quarter people expected. They hit 1. 8 billion monthly active users. Heres the issue. You talk about growth. At some point, they cant grow monthly active users in a dramatic fashion so they have to squeeze out more from Properties Like instagram and whats app. We know they have other bets, working in the Virtual Reality. I suspect you start to see some monetization there, a