Snap chats Parent Company goes public. Everybody here in the bay area is watching this closely. Daniels is a consultant focused on snap. It may inspire local Tech Companies to get serious. Seeing what happened today could really get boards excited. And if boards in the next couple months start saying, lets be like snap, we could have just a quite a herd of really nice companies, and unicorns heading toward the markets. That would be awesome. Potentially awesome for those companies, what about the bay area economy and housing market, which has been pricing people out for years. One ipo like that could make a difference. Steve has been a realtor in San Francisco for 40 years, and says, tech has changed the market, facebooks Public Offering in 2012, almost doubled the number of Million Dollar listings in menlo park. People make an offer in good faith, and the property gets bid up 20 , very frustrating. Folks do leave the city because of that. Another blockbuster ipo just makes that worse.
Joining us tonight. Two former Stanford University students are multibillionaires. This morning, snap cofoun r cofounders rang the opening bell on the New York Stock Exchange as their company went publ public. The company had even more to celebrate after the closing bell. Snap finished its first day of trading at 24. 48. It managed to rise on a day the rest of the market dropped. The dow fell more than 100 points, the nasdaq dropped by 42. This is the biggest and most expensive American Tech Company to go public since facebook in 2012. Snap isnt a bay area company, its based in venice beach. Kate larson is live to explain how it has an influence on our local tech industry, kate . Even though snap is based in los angeles, it still feels like a Silicon Valley startup, a lot of the investors and people who work there are from the bay area. Which has people wondering if snap may be the end of a years long ipo dry spell. Snap chats Parent Company goes public. Everybody here in the bay area
Donald trumps Election Campaign after questions about his contact with the russians. There are new calls now from California Democrats for sessions to step down because he did not disclose that he had met twice with the Russian Ambassador to the u. S. During the campaign. Tonight, President Trump tweeted Jeff Sessions is an honest man, he did not say anything wrong, he could have stated his response more accurately but it was clearly not intentional. Abc News Reporter e lolona zack in washington. Reporter the latest revelation, the president s own soninlaw, jared kusnyer met with the russian official at trump tower in december. Meanwhi meanwhile. I have recused myself in the matters that deal with the trump campaign. Reporter nonetheless, attorney general Jeff Sessions denies he did anything wrong. I never had meetings with russian operatives or russian entintermediaries about the tru campaign. Reporter but he did meet with the Russian Ambassador twice. Session says his meetings were a
America. Announcer clinton pulling ahead but can she break away . And can trump make a comeback, or has he slipped too far behind . Were oneonone with eric trump and clintons chief strategist only on this week. Plus, how would a trump loss affect the gop . We talk to the independent candidate threatening to edge trump out in a key red state. From abc news, its here now, chief anchor, George Stephanopoulos. Good morning, with two weeks and two days to go, what is the end game for donald trump . Can he pull off the most spectacular upset in election history . Or has his Unprecedented Campaign hit an impregnable wall . Our new abc News Washington post tracking poll taken after the final debate has Hillary Clinton now ahead by 12 points. That 5038 advantage the largest of the campaign and it shows voters firmly rejecting trumps 59 dont think the vote is rigged. Only 29 support his reluctance to accept an election loss. 69 dont like the way hes handling charges of sexual assault. The clock
Both lanes and both directions are shut down of i70 to Glenwood Springs. Highway 40 and highway 50 are what cdot are asking folks to use while they get that cleared out. They have to destroy the boulder on the roadway, but they have to repair the roadway as well. If you remember this happened a couple of years ago and the delays were huge because of that, so hopefully they can get that done and clean that up before the weekend. Were across the denver metro area. A couple of side street trouble spots out. Lane closures along i25 along c 470 tomorrow night. Thats going to be closed i25 in the southbound direction at c 470, a fuel a full closure. Train restriction in place because we have flakes in the high country. We have snow in the high around through the high country. It should get lighter through the afternoon. Its wind in some places. Winds around 50 milesanhour right now. Waldon, the gust at 22 milesanhour. Were expecting to see gusty winds. Its not quite as bad as yesterday. 30 i