Disney earnings smashing expectations. With disneyland closedend movie theaters dark, can streaming make up for more bosses ahead . Peloton has been the pandemic diving with a new campaign in a partnership with beyonce. And waitvaccine news times. We will talk about it all later this hour. Amid spiking cases today. The s p 500 sank as new york y prepares for the possibility of closing at schools while chicago issued an advisory, urging residents to avoid leaving home except for work and other essential activities. Abigail doolittle has been following it all. How . Does this impact the markets . Abigail it was a bearish day at the end of the day as investors some of the news around the virus. It is clear it is surging in the u. S. Before we talk markets, a lot of movement after hours. Some of those movers you were talking about. Disney is surging. A blowout quarter. Like so much, it is a story of the haves and the havenots. Media was up 11 . Theou were indicating, studio is down 52 and
Theaters dark, can streaming make up for more losses ahead . Peloton has been the pandemic diving with a new campaign in a darling with a new campaign in a partnership with beyonce. Still plummeting on positive vaccine news and bikes have long wait times. We will talk about it all later this hour. U. S. Stocks slumping amid spiking coronavirus cases. The s p 500 sank as new york city, the early epicenter of the pandemic in the u. S. Prepares , for the possibility of closing schools while chicago issued an advisory, urging residents to avoid leaving home except for work and other essential activities. Abigail doolittle has been following it all. How did this Impact Market moves today . Abigail it was a bearish day at the end of the day as investors took to heart some of the news around the virus. It is clear it is surging in the u. S. Before we talk markets, a lot of movement after hours. Some of those earnings movers you were talking about. Disney, this stock is surging. A blowout quar
Of an effect we might have had. Narrator correspondent, james jacoby takes a hard look at the man who wanted to connect the world. Jacoby is he not recognizing the importance of his platform . He didnt understand what he had built. Narrator but is he accountable for helping divide it . There is something wrong systemically with the facebook algorithms. In effect polarization was the key to the model. Narrator tonight on frontline the facebook dilemma. Frontline is made possible by contributions to your pbs station from viewers like you. Thank you. And by the corporation for public broadcasting. Major support is provided by the john d. And catherine t. Macarthur foundation, committed to building a more just, verdant and peaceful world. More information is available at macfound. Org. The ford foundation, working with visionaries on the front lines of social change worldwide. At ford foundation. Org. Additional support is provided by the abrams foundation, committed to excellence in journ
Mornings. Mid to upper 50s and near 60 at the coast today with the least amount of sunshine and 70 to 76 at noon. 73 to 81 bay and inland by 4 00 with those low clouds giving way to just a few high clouds but grab the sunglasses, youll still need them. A warmer weekend forecast coming up. Heres kumasi. Thank you, mike. Right now we want to take you out to breaking news in oakland. This is at a live look at a fire that burned a building. You can see it the smoke behind this fire truck. This is on Martin Luther king jr. Street and we know this fire started around 3 00 this morning. The roof of the building collapsed and then in just the last half hour we could still see the flames coming out of the building and we could see those firefighters on the roof trying to get everything under control. We dont know much about this building, what it is used for or if anyone was inside and we will stay on top of this and keep you updated throughout the morning. Now, to the very latest in the fight
On the walls check out my twitter feed. See all the ridiculous speculative names people hope ill mention or pump same deal, no earnings, but right on stocks. These are textbook signs of what we call froth. Thats what this is. Its froth and you know what . All the froth got crushed today. Dow plunging 517 points, s p plummeting 117 , nasdaq nose diving 1. 55 not bad for an amateur so whats become too riskier let me give you an example last night kind of cool. We had novavax on, hottest stock on the market. Vaccine developer working on something for covid19 the stock runs from 18 to 40 in two days i cant recommend Something Like that thats this, you know, novavax is this, okay. Good guys, but it doesnt matter it actually managed to rally today. Maybe novavax wins the vaccine rate if they dont, the stock is going to get eviscerated id rather have you in something thats diversified glaxo, pfizer, j j same for biotech stocks. Anything related to ebola, flu, except regeneron they have little