Coming up in a live report. And a dry february raising a lot of drought concerns across the state this morning. Kari hall tracking the forecast as she gets new information about the conditions in our state. The third hour of today in the bay continues right now. A very good morning to you and thank you for joining us. Im laura garcia. And im marcus washington. Well get a look at the commute coming up in just a second. First, meteorologist kari hall looking at the forecast for today. Its the end of february and were talking 80 degree temperatures. We may set records in terms of the warm weather but also in terms of the dry weather. Here is how your day shapes up. Mid70s by early this afternoon. Where we may set some records, livermore and san jose going way above those old records set in 2002, in 1992. More on this and also a look at the Sierra Snowpack coming up in six minutes and, mike, right now you see changes in the south bay. Following a few updates here. Slowing kicked in, 101 ho
We asked you if you plan to shop in a physical store, go to the store today, and were revealing the results as Worldwide Exchange begins right now perfect. Good morning, good afternoon, good evening, welcome from wherever in the world you may be watching it is friday, november 29th. Hope everybody had a wonderful thanksgiving to the rest of you, i hope you had a good thursday. Im Brian Sullivan before we get started into the show, we got a mystery chart for you. That is your chart of the day. Now, this retail stock is the best performing retail stock in the past three months. Past 90 days it is a rather unlikely name well reveal it in todays rbi, random but interesting, thats it keep it here for the answer. The stock markets here close at 1 00 p. M. Eastern time the bond market closes at 2 00 eastern time today how generous of them stock futures, theyre down 50 points on the nose right now, again. This will be a very thin day but with lighter volume can often come bigger pricing swings
Kathleen youre watching daybreak asia, coming to you live from new york and hong kong. Autonomous where coming down to asias major market open. Haidi oil hitting a high for the year on investors settling for a 10 year yield below 4 in the latest treasury auction. Disney gaining after the bell and a folk at forecast for lower Capital Spending. China says u. S. Is weaponizing trade as President Biden signs an executive order limiting investment in some of his companies. Kathleen lets take a look at u. S. Futures. It was a down day in stocks ahead of that big cpi report in the next 24 hours. You can see a bounce back but at the close, the nasdaq was down about 1. 2 . The s p 500 down 7 10 of 1 . Nvidia, big move down. One of our reporters saying earlier that people wonder what has gotten the cpi report so nvidia was down, tesla was down, amazon was down and then there was a big surge in lng prices. 28 in europe, caused by the threat of a strike in australia among Union Workers there. Coup
Before we talk about markets. Ecigarette maker juul, which, pardon the pun, almost went up in smoke last year, bankruptcy. Were hearing the company is seeking to raise about 1 billion here and it is working with jeffries to do that fundraising effort. The company had a bite had about 800 million in revenue in 2022. The hot headline is they are looking for about 1 billion in funding there. We will get you more details later in the show. That aside, and smoking is not good for you just in case, markets right now, not really up in smoke but we are coming up to lows in the day. Were down for a third day. China opened up and is providing some left to these some lift to these markets. We will flash it on your screens in a moment. Down for a third day. Certain sectors are picking up the slack,. 5 to the downside still. But were stable here. You had a big drop in u. S. Markets overnight, you had a melt up on yields with a 10 and 30 year continuing to move up. We are now closing at 4. 10. It re
Surging after chips turned profitable for the First Time Since 2022. This is part of a much bigger global theme where seeing of the Ai Development boom that it is turning the cycle after so much of a downturn. We saw the 4. 8 billion net income number, so a handy beat. That is about four times samsungs earnings just a year earlier. Samsung coming online now. Up about. 1 . We will continue to watch and wait to see how investors react to that stock even know it is up about 17 over the past year, it has underperformed compared to the likes of sk hynix which has doubled in that period, nvidia tripling in that period. Samsung off the april peak, actually down about 10 . Seeing a little bit of downside when it comes to trading in samsung. Continuing to watch that but the other big story is what has been going on with the yen. We had remarks pretty measured. They will be getting more information when the data release comes out at the end of may. But a lot of the markets seeing this as tacit c