Beautiful sunny day in new york, and we have another record day for stocks, despite a not so stellar jobs report this morning. Were going to look at whether this is still an opportunity to buy in this market coming up in a little bit here. Its kind of a peppy song. We can just play it the whole time. Sure. Walmart shareholder day is underway right now. We have fresh remarks from the ceo in a few minutes. Google is out with details of its new ad blocker. We cant wait to talk about this, one option could be paying to see content without any ads. Wonder how thats going to play with certain millennials. Theres a lot to unpackage in that story. Life after professional sports, Franco Harris and Charles Smith from the nfl and nba respectively will join us from the exchange talk about transitioning into the Business World. We always ask our celebrity guests what their biggest money mistake was. Charles smith has made it his mission to help professional athletes transition into life after athle
Cut in one big oil name. Well tell you which one. The action begins right now. That doubles every day, particularly bad. Biotech stocks posted their best in more than a month. The biotech etf, the ibb rallying more than 3 this week. It comes as the group lagged to the broader nasdaq 100. So is biotech finally playing catch up to the market . Should you buy in . Mike . Yeah, well, i definitely think so. Look, we did see some bullish activity in the biotech etf earlier this week. Looking for a 15 gain in there. Probably by about september. There are a lot of reasons why you might think there is room for a rally. For one thing, some of the political headwinds that were the talk of the town. We havent we heard as much lately. These are actually kind of rare these days, cheap stocks, if you look at them on a trailing earnings basis, a lot are trading barely in the double digits. If you look at an area that has seen consistent revenue and earnings growth, this is one of the places to look. I
His base was very pleased with what the president decided to do. Is that part of the calculus . I would like to ask as follow about the xl pipeline, terms of jobs and development . What we said with respect to the executive order in question, has been fairly consistent since implementation and in the first court action. Last night we asked the Supreme Court to hear this important case. Confident that the president s lech sieve order is well within the Lawful Authority to keep the nation safe and protect our communities from terrorism. The president is not required to submit entrance from country that sponsor terrorism. Until theyre properly vetted or pose a risk to the United States pretty consistent what we talked about. I dont have update, talking about in terms of production . I dont have that at this time. You were asked about the president s personal view about Climate Change. You hadnt had a chance to had conversation with him. It has been 48, 72 hours. What does the president be
Told that the city determined that the foundation under this driveway its not stable. There are people from the Water District here right now that actually told us to move because we were parked right here in this area and they told us it was unsafe just because it was hollow underneath. A section of san juan boulevard in belmont is a muddy mess, thousands of gallons of water rushed down from up above, it backed up against two homes below. I mean, i cant believe it was so it was so violently coming down the hill. So i looked at my wife, i said, get the kids in the car, were getting out of here. Reporter at 3 45 this morning a six inch pipe broke. Police were told by the mid peninsula Water District that the water line dated back to 1968 and it failed due to its age. The estimates were getting from the Water Department now is that it flowed for a little over two hours at approximately 1,000 gallons a minute. We are looking at about 120,000 gallons of water. Reporter four homes were eval
Question of if charges are coming but how many people are going to be charged. Thats my supposition. Reporter he believes charges are a certainty because of the conditions he at the ghost ship that led to the fire. The haphazard electrical wiring that often sparked, the rvs parked inside the building,g, t fuel load from artwork and ch t collected junk. And weisberg believes charges are coming because of many complaints made to the buildings owners and to the man who leased the warehouse and built ghost ship about the dangers there. Manslaughter charges and probably convictions seem extremely likely here. This is as egregious a case of homicide liability for a fire as ive seen. Reporter the almeida District Attorneys Office would not give me a date or a charging decision but has a seem with multiple attorneys and victim add v advocates all dedicated to this matter and were conducting a careful and thorough criminal investigation. Authorities declined to comment today. Renowned defense a