Welcome in to squawk alley. Dow down for a fourth day in a row. Have not seen that since february, but the dow repaired some ofthe internal damage the s p went green the nasdaq getting helped once again by a tech trade that seems almost impossible to kill. Even with invidia and the expectations last night. Yeah, in the green at the moment well see where that goes. Were going to start with some controversial ipo paperwork. It was the ipo that was and wasnt, now it is on again it company was one of the most widely anticipated listings of the area then travel grounded to a halt and with it airbnb bookings. Revenue started to rebound by june and july bookings returns to prepandemic levels. This could be a pandemic come back story, but much still has to be written. The main question will be whether or not investors give the startup a pass for this year air bnb had the record to even out profitability and enough cash on hand at one point to consider a direct listing. As losses have widened t
It is adding fuel to the fire no one is on the same page here. It comes at a time we had the spikes in cases that might be overplayed a little bit. With more testing you will get a spike in cases. Far more worrisome what is happening abroad in beijing where they limited number about flights going in and out of the city. A number of chinese Authorities Say they have it under control. When they keep telling you they have it under control you have to say, why do you keep telling me you have it under control . All that and crosscurrents and bolton book could be weighing on markets because it seems to indicate here the president s on again, off again relationship with xi xinping might have more problems to it, especially early on. Well have a busy show next two hours. Here to kick things off, jackie deangelis. Beijing worries, confusion over reopenings here. So much more. Jackie. Reporter the theme for today is really mixed signals not just here in the United States but abroad as well. We h
Well have more in just a few minutes. Happy orange friday. We have a lot of stuff planned for the big game on sunday. Amelia earhart has your traffic and Marty Coniglio as your forecast. We did have the weak, weak cold front move through overnight. All we got out of it are a few now. Theyre going to scoot off to the south, following some snow showers that moved through. County. South this morning. We could see upwards of half an area. A little bit of measurable snow generally from the palmer divide down to the south and east. For us this morning, cloudy conditions early on. To bring the sun out. Well have a bit of a breeze out of the northwest thats going to put some chill on you with temperatures in the 30s and low 40s. A warmup tomorrow. Big cooldown coming on sunday. Its going to be a dry cool down. Next week were getting extraordinarily warmer. A lot of this ample snow we have will be melting off. Amelia, its friday light. Its super bowl friday. Really hard to concentrate going to
By the time you get to 7 00. Injury. We have 45 bart trains rolling right now and ace trains one and three are both on time. Have a 15 minute wait away from the maze into the toll plaza and toward San Francisco. Headed over to union city we are dealing with the motorcycle crash but the good news is there are no injuries involved and everything is just over to the shoulder southbound 88029 Miles Per Hour, and in the clearing stages but it has left a backup. We are continuing to follow preeing news on abc7 news with Santa Clara Police investigating a befored burglary thattened with an innocent man getting stabbed. Here is the update. The crime seen unit arrived a short time ago and you can see through some of the ones where the detectives are inside, searching for evidence. A this point we know they were called at 3 00 this morning when police say a burglar entered law an open kitchen window. A woman was in the kitchen and her husband woke up, confronting the burglar and he stabbed the h
Hello and welcome if youre watching in the uk or around the world and stay with us for the latest news and analysis from here and across the globe. In less than a months time, the uks trading relationship with its biggest partner the eu will change profoundly. But no one yet knows exactly what the new rules will be. The choice is between a free trade deal, which will still mean significant changes from the status quo, or no deal when britain finishes its transitional period on december 31 which would mean trading on basic World Trade Organisation terms. If a deal is to be agreed it has to happen this week and within the last few hours, negotiating teams have been back in action in brussels, to try to hammer out a compromise. Chris mason reports. Back in brussels, the uks chief negotiator for the last roll of the dice in trade talks with the eu. We have worked very hard to try and get a deal, we will see what happens in the negotiation today and we will be looking forward to meeting our