And, it is one year until the president ial election and states are struggling to update election systems. What it means for voter privacy and Election Security. Uber is out with earnings and it is not a pretty picture. Shares falling in afterhours trading on monday. Growth bookings missed estimates. Also light of estimates, uber eats and monthly active platform consumers. We want to bring in tom white, analyst with da davidson, who makes a market with uber and lyft. Someone said he is a little bit surprised by the reaction given that they are a little bit more positive than negative. Your take . I agree. When you look at the top line numbers, the revenue number was really strong. What the rates tell you is that uber is cutting down on subsidies and showing the improved take rates for both rides and eats. Rides growth, booking growth, Revenue Growth all in line is a sign that they are focused more on profitable Revenue Growth. Taylor tom, you can see the fullyear adjusted ebitda loss,
A very big deal because you know Financial Services actually make up a 5th of hong kongs g. D. P. So losing billions of dollars especially to a rival Financial Hub is going to put a dent in their reputation as well and was still in the financial standing as well with that you know winning its Credit Rating for hong kong now meanwhile over here in singapore all Wealth Consultants are receiving an unprecedented number of inquiries from wealthy families in hong kong to not just move their money but themselves and their families to singapore and its understandable a lot of 8 all of these asian Family Wealth even families are feeling for the stability all their money in an unstable city but if the the situation in hong kong comes down is it likely that the money will flow back. Well the fact that a lot of these clients are looking to start moving their money always shows that the looking for hong kong to suffer for quite a long time but theres another reason why hong kong wealthy families a
President ial election and states are struggling to update election systems. What it means for voter privacy and Election Security. Uber is out with earnings and it is not a pretty picture. Shares falling in after hours training on monday after hours trading on monday. Growth bookings missed estimates. Also light of estimates, uber eats and platform consumers. In tom white,ng analyst with da davidson, who makes a market with uber and lyft. Someone said he is a little bit surprised by the reaction given that they are a little bit more positive than negative. When you look at the top line numbers, the revenue number was really strong. What the rates tell you is that uber is cutting down on subsidies and showing the improved take rates for both rides and eats. Rides growth, booking growth, Revenue Growth all in line is a sign that they are focused more on profitable Revenue Growth. Taylor tom, you can see the fullyear adjusted ebit are loss, how much is that an encouraging sign they are a
All right, right now this morning we want to look at what you can expect with weather. First day of fall today, so the weather is not necessarily agreeing. Not yet, not yet. We are going to have some hot temperatures headed our way. Here is a live look outside in walnut creek, at least we have the cool start with some lower 60s as you get ready to head out the door. About 62 degrees through 8 00 and then at noon were at 80 degrees. Here is a look at our high temperatures reaching into the mid 80s this afternoon. 89 in livermore and antioch reaching 91. Well see highs reaching into the low 90s in clearlake. Well talk about that fire danger coming up in a few minutes. Mike, youre starting with that Traffic Alert for sunnyvale. Thats right, kari. This investigation you see here first the distant shot, a little glow, this is moisture in the air, talking about the potential for fog but not here necessarily contributing to this crash. This Investigation Continues to close that offramp at law
Ys, if the weather eres a long does not improve and especially with the hot days that are forecasted ahead. The anticipated Public Safety power shutoff come after the National Weather service announced red flag fire warning across the north bay and east bay hills. Dry winds, low humidity and high winds and high daytime temperatures creating a lot of concerns and making things more dangerous. It would affect 33,500 customers here in Sonoma County. Nearly 13,000 in lake county and another county. No definite shutoffs have been announced but pg e expects the risk to increase beginning around 8 00 as the wind gusts start to pick up. Thats when power would most likely be shut off. The company notified tens of thousands of customers last night about the anticipated shutoffs and plans to keep them informed as they make a decision some time in the next hour. They will be notified again and make a final decision on whether to proceed with the power shutoff late this morning and then well contac