Portal for child care, but again, you can talk about the workforce, those needs of essential workers, and those that are active in searching for Job Opportunities that have been displaced without talking about the need to take care of their children. Some 20,000 vouchers have been set aside in our efforts to address the childcare needs of thousands and thousands of critical frontline employees. We also put that site up that identifies over 28,000 slots that are available today if you go to that site on covid 19. Ca. Gov. You can type in your zip code and you can see a number of licensed facilities and and around your community with available slots and information about health and safety, more work to do, t that our in that space, we will have more resources to invest in that space, coming from the federal government, some 350 million that we will be working with the legislature to distribute as quickly as we can. But again, im very grateful for the work the department of social service
It is wednesday, may 6th. Of course, youre never more than seven minutes away from the accuweather forecast. Heres mike. I am just now seeing what youre doing. What do you call that . Sizzle. For the forecast. Just a little, not too much. I was going to say, you could do that while im doing the forecast but everybody would Pay Attention to you. Im kidding. Lets talk about the forecast. You can see the winds have calmed down considerably and theyll be back especially around the bay shoreline and the afternoon hours and high clouds quickly exiting ask the moon is down and now we just have to wait for the sunshine and sizzling temperatures. How hot it gets today. 49 to 52. Not bad this morning. Look at the 60s along the coast all day today while we hit the low to mid 70s around our bay and inland and 79 to 85 and this is just the beginning. More 80s and 90s coming up tomorrow and ill have that coming up next. Heres reggie. Also coming up tomorrow, mike, Governor Newsom expected to give us
Good tuesday morning. Welcome to squawk alley. Im Carl Quintanilla with Morgan Brennan and jon fortt live at post 9 of the New York Stock Exchange we begin with text stocks this morning and the continued rally in the sector, another record close, apple, facebook, and alphabet at alltime highs Jeff Richards joins us now along with james lee guys, good morning good morning. Good morning. Thanks for having us so james, im looking at tech stocks up more than 30 in just the last three months. A short list apple, tesla, amd, snap, spotify, zillow. You like facebook and byedo in this market, but how much can you like some of these names given how quickly they have run up yeah. Jon, that very good question we think valuation right now is still very attractive. Look at facebook coming to the year, a lot of investors are very concerned about regulations. I think as we get into the year, a lot of people getting more comfortable because some of the regulatory issues or policy that happened over th
Sights on foxconn as they are the latest target of regulatory probes. Later in the show, House Republicans try to elect a speaker with several Party Members making their bid for the top job. The latest from washington on this monday, october 23th, 2023. You are watching Worldwide Exchange here on cnbc. Good morning. Welcome to Worldwide Exchange. Im frank holland. Lets get you ready to start the trading week off with the check on the u. S. Stock futures. They are red across the board. The dow would open up 80 points lower. Stocks coming off the tough week, but the major indices shedding between 2. 5 and 4 last week. Look at the nasdaq which was hardest hit last week. Dow down 2. 5 last week. Crossing back into negative territory for the year with the 2. 5 drop. Remember, that was last week. This week is the busiest for earnings season set to provide fresh fuel for stocks. 30 of the s p 500 and 40 of the dow will be reporting. Among the notable reports is four of the mega cap tech names
The averages were almost a side show compared to these two. Both instructive about what can make a stock go high ner this market. You wouldnt expect the market to be this benign. The biggest earnings week of the year. Worse than the fed meeting, the how did apple stock rally . Tesla stock, 15 . What happened . Ive been saying tesla stock keep going down and musk pulled a rabbit out of the hat. He bagged a terrific one this weekend. When he got permission to sell a subscription based full selfdriving for the tesla giant, which gives him a whole new revenue stream. A big one. That can go a long way to restore price momentum after vicious price cutting in china. Just as important as how musk got it. He made a surprise trip to china and nailed down a deal. This is unbelievable. Also perfect example of a ceo redefining narrative had so much going on he hadnt been paying attention to tesla. He got on a plane and made a deal. I cant think of anything similar in the annals of American Business