Dangerous heat, likely record breaking high temperatures as we head through the day today. The daytime highs well above average, more than 20 degrees above average for this time of year and also dealing with that extreme fire danger with the red flag warning that has been extended until 6 00 p. M. Today for all the areas highlighted in red north bay, mountains, and Santa Cruz Mountains with offshore winds, low relative humidity values dropping down to the Single Digits and teens. Were talking dangerous fire conditions, critical conditions as we head through the day today. Tracking some changes as we look to the weekend, we have cooler air with the ocean breeze finally kicking in. Details on the weekend forecast coming up in a few minutes. Thank you. Thousands of people remain without power in parts of the bay area and Northern California after pg e shut it off to prevent strong winds from damaging equipment and sparking wildfires after the heat wave. 30,000 customers are still in the d
A discharge as early as tomorrow to the white house where he can continue his treatment course. Cities under fire ill media and as a by john accuse each other of targeting civilians in the fight for going to occur. Early results in kurdistan give us stop listening parties a big lead but the election has been overshadowed by allegations of vote buying. And in sports a shock when the London Marathon if youre so sure could train for a treat in the spring. So that doctors treated us president old trunk for corona virus say he has continued to improve while spending the weekend at the Military Hospital they say his oxygen levels theyve dropped twice in recent days and hes been treated with a steroid usually reserved for patients who are critically ill despite that the doctors say he could be to. Josh as early as monday well today he feels well hes been up and around our plan for today is to have him to eat and drink. Out of bed as much as possible to be mobile and if he continues to look an
And maybe some headlines on stimulus before then hit a bit of a dip here dow down 150 or so. The nfl confirms covid cases among players and nonplayers with the Tennessee Titans. And governor comeau saying theyre now up 3 . We might start to talk about schools closing. Meanwhile valuations is where we will begin this morning as investors try to interpret data. The price to earnings ratio of a nasdaq 100 of the last ten years, the pe ratio, it is doubled and it is at that alltime high. As you see up there above 30 it was at around 15 to 18. 40 of that index is made up of just the five biggest tech stocks so here is the question. Are stock prices in big tech stretched to a point where the value wakes no longer makes sen. We have the editor and chief of the verge joining us we have not seen valuations among the biggest stretched to this point in a long time. I kaech hearing this whole peer group value thing, but what if theyre all out of whack yeah, i think that is a big question why would
A world 1st trial. 24. 00 sevenths global news and reaction this is International Law moscow with this hours headlines stories 1st the breaking news we 1st brought you an hour ago Ukrainian Military plane with 28. 00 people on board has crash landed on a highway in the region in the east of the country at least 22 have been killed the video shows the plane in govt in flames of the side of a highway 2 people are said to be in a Critical Condition having suffered severe burns the plane carrying 28 people 4 people are still missing 28 engine turboprop 26 is reported to have crashed while coming into land near the city of which is about 500 kilometers east of kiev the countrys president. Has said that hell travel to the crash site tomorrow. For. A machete attack near the former paris headquarters of the satirical magazine was being treated now as a terror incident 2 suspects have been detained for suggesting 5 others linked to the attack also been arrested the french Prime Minister and int
Good to see you. Cant wait to talk to you about all of those things. What kind of a grade would you give on the direct listing yesterday . I would give it an a. It didnt have the wild volatility or a huge amount of money left on the table that traditional ipos have. I think it was a pretty good day for direct listings. Spencer, good morning, you took zillow public nearly a decade ago if you had to do that again with a company, that is the same, would you do Something Else . I would either do a dreskt listingov or a spac merger. They dont allow the company to leave money on the table we went public at 20 a share. We closed at 37. So we lost a lot of money on the table for an ipo so i think that there is a lot of innovation in the ipo space since a decade ago when zillow went public and i think there is now great alternatives available. Its julia here we look forward to sees what you do with your speak a question for you now that it is a public company. We have seen so many of the Public