The Investment Committee is ready to go. The Halftime Report starts right now. It is great to be with you on this monday our Investment Committee today is here. We start off with what will be a big week for the fang stocks josh brown, what are you expecting here lets start off with facebook . I dont think facebook and netflix have anything common if youre long facebook dont look what went on with Netflix Facebook is a singular story the stock is telegraphing everything you need to know about how strong the quarter will be. The main concern that hang over this stock have nothing to do with fundamentals or ad rates or user rates i really think its about how bad do we think the next round of fines and or regulations will be i would point out, though, historically those things have actually been positive catalysts. It makes you upset to hear but every Time Facebook announces they settled or paid a 5 billion fine the stock adds 4 market cap the street loves when theres finality of it thats
The fbi has joined the investigation. Reporter there are a couple of fbi people on the scene right now. Within the last 15 minutes or so a hazmat vehicle showed up that spark right in front of the building where that suspicious substance was discovered earlier today. Skyfox was over the scene after noon on monday morning at one of facebooks milligrams located on hamilton court. The Fire Department along with san mateo hazmat were on the scene after receiving reports of the vicious suspicious packages. Staff followed normal procedures they have for the mail protocol. In the aftermath of the discovery employees in an additional three buildings which House Offices were ordered out. We are going off information that they had a suspect with a package. And possible contents. We are responding to that. Reporter yellow tape blocking off the parking lot, looking closer you can see redtape close to the building where those packages were found. We have five in the building, two with potential if
Packages were delivered. You can see red tape close to the building for the packages were found. We had five in the building, two with potential exposure, but we have not seen sytoms. Reporter no one knows what may the employees think what they had was harmful. We need to go when and see. Reporter hours later, no one into the building for the substance was discovered. We were told that it would not happen until members of additional agencies arrived. That began to happen when two u. S. Post Office Inspectors and members of the fbi showed up. Than just before 4 pm, two hazmat vehicles arrived on the scene. In a statement, specs. Spokesperson Anthony Thomason said the safety is our top priority. We will share Additional Information when it is available. Fire Officials Say the good news is whatever was inside, if dangerous, did not make it outside. Everything is quarantined inside the building right now. The fact that we have no signs or symptoms is great. Reporter since we were first on
Now has mattis trying to confirm whether or not it is. Late monday afternoon, fire officials have an update on plans to enter the facebook mailroom on Hamilton Court in menlo park. We have been waiting for all of our entry teams and equipment to arrive. They are now assembling the hazmat decline units so that the teams can plan entry into the meeting, this is what they have. Reporter sky fox was over the scene shortly after reports that employees were running through standard protocols when one of them tested positive for the chemical weapon serum. Reporter reporter john johnston, the fire marshal,epared statement i said in part, in the aftermath of the employees, employees in an additional three buildings were ordered out. Yellow tape blocking off the parking lot. Looking closer, you can see red tape close to the building where the packages were found. We had five in the building. Two with potential exposure. We are not showing signs or symptoms. Comic while those employees were given
Fruitvail neighborhood has led to a proposal to clean up the area. Employees and people blame the people from the homeless encampment behind the business. Theyre having 29 incidents inside that store of people stealing the items, threatening their employees. Reporter all 29 incidents in one day says City Council Member noel gallo. This is a no loitering area. The authorities will be notified if you do not vacate. Reporter a verbal warning from a mobile security device equipped with cameras. The store has hired two fulltime offduty Police Officers and private security. Gal loshgso says these steps have helped. Still, home depot and other area businesses have notified the city they unless the situation improves. I need to protect the jobs in oakland, and secondly we need the revenue to continue to provide services. Reporter gallos proposal will close 37th avenue, clear the homeless encampment, along with the installation of a fence and gate. He says the homeless will be relocated to a lo