Increase of fire danger keeping utility leaders on alert in case they need to take action to lessen the chance of a possible wildfire outbreak we have Team Coverage tonight noelle bellow has more on kauai essos announcement on not turning off the power today. Dan thorn has reaction from are in moran breathing a sigh of relief but first a red flag warning will go into effect at 11 oclock tonight and last until tomorrow morning at 11 across the bay area monterey and san benito counties are already in a red flag warning a major concern fastmoving storms that could lead to a risk of dry lightning which could start wildfire for more on the red flag warning in the continued heat wave want to check in with our chief meteorologist Lawrence Karnow lauren yes certainly been hot enough around the bay area so weve had the record heat the last couple of really were primed. In fire conditions unfortunately now were start looking a little subtropical moisture begin to wrap around that big dome of Hig
Regarding microsoft. Some people did not like the quarter but now we have something that puts them right it not passing in terms of the growth google and facebook among a certain demographic that people want which is the 18yearold demographic. I go on tiktok and there is a good one right now about Federal Express delivering packages versus u. P. S. Versus the post office david, your kids may like it at the same time, its got a lot of viewers it does 80 million here in the states. Yes, one of mine does typically it does skew more female than male and the other one doesnt but this is a fascinating situation, guys, for any number of reasons unlike anything i can recall having seen in part because the government is so deeply involved inbasically dictating the potential sale of a business to one company. And it really ends up being one company. You know, as you guys know, ive been following this to a large extent over the last few weeks and it was a difficult thing to imagine. How would go
Economists expect a bond buying to exceed 3 trillion euros this year and the next. Twitter shares fall after hours on when unprecedented hack of the accounts of prominent u. S. Figures, including elon musk and bill gates. Ceo jack dorsey calls it a tough day. Welcome to the program. A tough day for jack dorsey. We will get into that story a little bit later on. Just under an hour to go until the start of cash equity trading on this thursday morning. Lets look at European Equity market futures, u. S. Futures. All of that pointing a little bit negatively. It seems some of the optimism around vaccines that dominated trading yesterday, some of that has waned just a little. Replaced by a mixed picture signals on geopolitics and the chinese data. Lets get to some breaking news. We have european Passenger Car sales dropping by 24 in june. European car sales, the slump slowly eases, believe it or not with a 24 jump. The recovery has been taking place now for a second straight month, leaving ma
Is real simple. The economic gloom is tangible and the market brushes it aside. Good morning, everyone. This is bloomberg surveillance. On bloomberg radio, on bloomberg television. The bid keeps coming in. It is not about being up. It is the quality of the up that is so important. Jonathan the last several months, rotation on, rotation off. It was rotation off since june or so. In the last several hours, rotation back on. That means the cyclical parts of the market do better, tech underperforms. The Treasury Curve steeper. Dollar in the mix as well. That is the thing a lot of people were trying to position behind. It didnt quite develop over the last month. It is back on this morning. Betterldman sachs with than good earnings. I have not gotten the appropriate up remotes the appropriate eyebrow, whats amowiczropriate abr briefing. Lisa theres an incredible dissonance between the pessimism we are hearing from the banking chiefs right now and the optimism you hear from a lot of fixed inc
U. S. The global focus. Ines surged cases surged california and texas. Walmart demands customers wear masks. Knowing green. New south wales has a new plan for renewable power, energy and the environment. Quick check of the markets, u. S. Futures opening flat. This after u. S. Stocks climbed to a fiveweek high in the regular session. We have 10 of 11 s p 500 sectors closing up. He had vaccine developments bringing this rush of optimism to financial markets. This, despite escalating tensions between china and the u. S. Moderna and astrazeneca are rising on the optimism. More positive ecodata, u. S. Industrial output rebounding in june. Pickup in Economic Activity. Take a look at what oil is doing. Under a little pressure, headed towards the 40 per barrel level. This after jumping to a four month high. We had strong ecodata and we have President Trump indicating he doesnt want to add more sanctions against chinese officials for now, not to mention a report on a drop on u. S. Crude stockpi