Up especially right over or ind a, walnut creek, along 680 up through concord. You can see the light showers and up across the north bay. Yontville. Getting light shower activity there. We are still looking at that wet weather in spots just enough instability and unsettled weather for us for today. As you take you through the afternoon we are looking at a few more showers that are possible. Also catching a little bit of sun in spots as well. Highs in the upper 50s to low to mid60ss. Future cast when everything wraps up for us. Details in just a few minutes. New details on a 113 milliondollar settlement against apple. A multistate settlement accusing it of misrepresenting iphone batteries and slowing down the performance of older model phones. This from allegations that the company misled consumers about throttling, basically reducing a phones system performance on purpose to stop phones with older batteries unexpectedly shutting down. The phones in question are the iphone 6 and 7 and a
Big tech companies are continuing a turnaround from last year, as Alphabet, Microsoft and Snap kicked off earnings season with strong sales results for the quarter ended in September.
In an unstable economic climate marked by geopolitical unrest, concerns about the Federal Reserve and soaring Treasury yields, investors are closely watching this week’s Big Tech earnings for clues about where the volatile stock market may head next.
Months after the collapse of regional banks like Signature Bank, First Republic Bank and Silicon Valley Bank, as well as fears of a credit crisis, the regional banking sector may not be out of the woods quite yet.