Billion market mystery thats how much facebook added in market cap today. The reason not entirely clear many pointing to the launch of reels, the answer to tiktok. We should point out that news was out yesterday morning. Facebook shares today surged 6 to a new alltime high so guy, whats your take on this move well, i have no idea why it moved like this. Id be lying if i said i had an answer i will give credit to karen because shes been on this something we said, you go back to the middle of june. I remember this when rei, north face, patagonia came out and said they were pulling their ads for a month. I remember saying youve got to pull the rip cord on this. Theyre the first but theyre not going to be the last that proved to be correct. On june 26th, the stock traded down to 207, cratered and then closed higher on the day something we said is and ill say it again, theres nothing about facebook i like in terms of the platform and ill continue to say that this reversal tells you all you
Gabe mccarthy it looked like somebody dropped a bomb. Chris when the 2017 inferno leveled coffee park in santa rosa, gabe mccarthys house didnt stand a chance. Gabe it burned down along with everythils chris today, in his dogwood drive house gabe then kitchen here. Chris its finally looking like a home again. Chris how long has it taken to get to this point . Gabe to this point, my guess were at probably 7 or 8 months. Chris gabes faced several hurdles and one surprise. When his Insurance Company paid his claim, gabe didnt get the check. His Mortgage Company did. Gabe theres the Purse Strings are held by my lienholder themr. Cooper. Chris mr. Cooper is not a person. Its a Mortgage Servicing company. Gabe says mr. Cooper distributed his rebuilding money progressively over about a year at various stages of construction. Thats common practice to make sure people with mortgages rebuild. But as hundreds of thousands of dollars of his insurance money sat idle, gabe wondered if it wa well, it
Listings dropped the past in the last 12 months. In San Francisco 12 of listings dropped the price even in a strong overall economy. Employment is good. In Silicon Valley people have a decent income. But people are done buying at crazy prices. Reporter but the number of ipos has dropped lately and buyers are becoming a bit more cautious. For the natalie for the carlsons, theyre still buying. Yes, i think itll be fine. It seems to be slowing more gradually than maybe say 2008. Reporter that was when the Housing Market tumbled taking the economy down with it. Now, there is some good news for home sellers. The latest numbers out today show our jobless rate as low as its been in 50 years. And when people have jobs, theyre more likely to shop for homes. Live in san jose, scott budman, nbc bay area news. Does make sense. Thank you scott. Well, a water mane break flooding businesses and the freeway onramp. Sky ranger flew over 680 near crow canyon in san ramon about an hour ago. Water, lots o
East Bay School District moving Football Games to thursday afternoons. Tonights parents are balking saying what the game needs is stronger security. Nbc bay areas cheryl hurd joins us live in richmond with the details on this one, cheryl. Reporter well, this recent shooting near a High School Football game last week has a lot of people in this community concerned. They took that concern to their local congressman, and tonight he was listening. Screaming at one another reporter before tonights town hall meeting in de anza richmond, he got an earful about school safety. We talked about the importance of ensuring that theres a safe environment for families and community and students at these events. Reporter the environment was dangerous and chaotic last friday when shots were fired outside a packed Football Game. Three teenagers were hit, leaving others running for cover. There were a lot of mistakes made at the friday night game and there was not enough security. Reporter the west contr
President told us of the classified documents and his corvette, man. All locked safely in a garage. Special counsel to the president finding additional docs thursday night he went to bidens wilmington home. With the corvette. And said quote because i have Security Clearance i went to wilmington thursday evening providing the documents the president s personal counsel on wednesday to the Justice Department while i was transferring it to the d. O. J. , officials who accompanied me five additional pages, markings were discovered among the material with it for a total of six pages. Dont worry, the president is so very serious about classified documents, the white house making sure that you know that. The Press Secretary saying at least 28 times between wednesday and friday. Watch. He said he takes classified documents and information seriously. He takes classified documents very seriously. He takes materials seriously. He takes classified documents and information very seriously. He takes