For nvidia. Chip stocks waiting to fuel record highs for tech and options point to a big swing when it reports tomorrow. The Jpmorgan Chase ceo an nouning his retirement may come within five years. Lets begin with the markets, jim. A bit of the setup here, tech alltime high on the s p. There are semiconductors yesterday that arent even doing well or at least hinted that things are turning. Texas instruments gave a sense that the stock was just on fire. Micron on that basically capitulation call. Ive missed it. Im going positive. It worked. Qualcomm on the idea that some people are looking for their chips even though they should be in abundance. Yesterday was a day where bro broadcom, were talking about a Top Ten Company in america. I asked jensen whether he would split the stock, the ceo of nvidia. He said, well, ill consider it. Do you know what would happen if they split that stock . A 10 move. It would be insane. It would be based on nothing. Well get a 10 for 1 lrcx along with a bi
Britains watchdog gives the green light. Boeing is the biggest drag on the dow, expanding this probe of the production defect on the max. Lets begin with the banks, jim. Overall, not just the beats, some of the commentary about Investment Banking, efficiency ratios look good. Its funny because obviously this group came in as cold as ive ever seen it. What a change from even earlier this week when pepsi came in hot and then rolls over. I mention that because that was the first big quarter. These quarters, when you listen to them, you forget how much money they can make in this environment. And then you start thinking, you know what . These things are seven, eight, nine, ten times earnings. Theyre trading like steel mills, and theyre really filled with a lot of smart people who are doing a lot of good things who show you they can make a lot of money without underwriting, without m a. Theres going to be a revaluation here, recognizing this group had become really went to the bottom of the
Reporter deporis regularly played at various local clubs, and he lived in an oakland artist studio. He loved magic. So he always had a sparkle in his eye. He was always playing music. He was always working whateve job he could to play music. And was just always helping people out, having a good time. Reporter there is a small memorial here on rich street. Police have collected Surveillance Video from the coffee shop and neighboring businesses. It is not clear at this point what the video might show. Police are not releasing any specific vehicle or suspect description information at this point. Crime stoppers is offering a reward of 15,000 for information leading to an arrest. In oakland, laura anthony, abc7 news. Thank you. Deporis was a musician well known, Grammy Nominated singer Regina Spektor tweeted, i first heard him years ago at sidewalk cafe. There is a gathering tonight for friends to remember him tonight in berkeley at acton and parker streets. Friends are asked to bring phot
Thus far for the three major averages. For the dow, it is since midoctober. Of 109 break that streak sessions without a 1 loss in the s p 500. We have had this lackluster trading action in terms of volatility and movement in volume. It was the lowest Trading Volume of the year yesterday. Volatility taking up and stocks are ticking down. We are seeing a broadbased selloff as well. Only utilities and Consumer Staples are higher. Financials steeply declining today, down 2. 6 . Materials come industrials, tech, discretionary and Energy Falling today. I want to focus on the financials in particular. The flattening of the yield curve is starting to take its toll on the financials large and small. Heres the financials xls down 2. 7 . Down 2. 7 . Evidence of the Regional Bank downdraft. They had been out performer since the election. Re, it look at the k is down 5 . Bank of the ozarks milosevic premier bank ozarks, Pacific Premier bancorp down sharply because they dont have the diversified inc
Thus far for the three major averages. For the dow, it is since midoctober. Of 109 break that streak sessions without a 1 loss in the s p 500. We have had this lackluster trading action in terms of volatility and movement in volume. It was the lowest Trading Volume of the year yesterday. Volatility taking up and stocks are ticking down. We are seeing a broadbased selloff as well. Only utilities and Consumer Staples are higher. Financials steeply declining today, down 2. 6 . Materials come industrials, tech, discretionary and Energy Falling today. I want to focus on the financials in particular. The flattening of the yield curve is starting to take its toll on the financials large and small. Heres the financials xls down 2. 7 . Down 2. 7 . Evidence of the Regional Bank downdraft. They had been out performer since the election. Re, it look at the k is down 5 . Bank of the ozarks milosevic premier bank ozarks, Pacific Premier bancorp down sharply because they dont have the diversified inc