New data and uncertainty over tomorrows opec meeting. Well be leave in vienna with the latest porsche is unveiling a new model today. Ceo will be joining us in a first on cnbc interview coming up but while the dow and s p started off the session with alltime highs yet again, the nasdaq has been falling all day and Companies Like netflix, apple, amazon, theyre seeing big declines bertha combs has the news. So are the big tech cap stocks, investors calling it the great rotation today theyre taking profits on names that have run up so fast look at autodesk thats a case in point today, trading at alltime highs yesterday, tumbling on an earnings missed also announcing a 13 work force layoff, thats sending some jitters as well in tech. The biggest source of pain though overall is the sector now the Semiconductor Index has been leading the charge to alltime highs here at the nasdaq the index closing at a record high led by micron and invidia, both doubled this year invidia today seeing a chal
This challenging. And so we helped to bring in Northern California Community Loan fund, who found a tenant and we also had experience working with cast in the buildings that moya mentioned in mid market and were proud of what cast has been able to do to help to sustain nonprofit arts groups, so i just wanted to endorse the approach. Its complicated, but weve done buildings like this before and were really comfortable with it and excited to see the project move forward. Supervisor cohen thank you miss cohen. Next speaker, philip . Good morning, supervisors, i thought that id just say a sneak in a Public Comment and say a few quick words about this project which is extremely meaningful to our department, to me, and to our city. We had a big long presentation here yesterday about our Strategic Plan with supervisor fewer and a core element of our Strategic Plan is to developing more open space and opportunity and high needs and emerging neighborhoods and another provision of our Strategic
Im telling you, it moved me smelled really good. Youre dry from flying, right . The lips dry. Ill say, in three days you spent two of them in the air. How far 16 hours one way, 15 the other. Whats the mileage . Im on a need to know basis . 10,000 maybe . 13,000 miles . I dont know. You go up i want to say 10 or 11 there doing the flight before. Okay. Thats some serious mileage. Frequent flyer miles. Very dry. I have to figure out if i can get them i think it may be a part of the delta line you had a pod not the big pod this is like the little one. Not the ones with balls with the shower i didnt have the shower. Exactly. We are glad youre back nice to see everybody our guest host today is steve grasso from Stuart Frankel and a cnbc fast money trader good morning. Guys, lets look at the u. S. Equity futures yesterday was a bit of a mixed day for the markets. Dow down by 39 points. The nasdaq put in a positive day. It broke a threeday losing streak this morning green arrows with the s p i
District anden this i realized that it wasnt. Oh, shucks. I would like to make a double positive recommendation, motion, to send this out of committee with a positive recommendation to the full board as a Committee Report for december 12th. Supervisor cohen all right, thank you very much, and well take that without objection. Madam clerk. Call item 14. Clerk resolution authorizing the execution of the performance of a Second Amendment to the ground lease between the city and mission bay Affordable Housing for a Real Property at 150 barry street to 13, to 15, to 17, to 19, 23, 25, 27 king streets in connection with the zone refinancing and minor rehabilitation of the space at the commons. Supervisor cohen we have amy chang from the Mayors Office of housing on this item. I want to call you up and i understand that the Mayors Office of housing would like to continue this item due to issues with the lender. So i dont know if you want to speak a little bit and then well take Public Comment
Report for december 12th. Supervisor cohen all right, thank you very much, and well take that without objection. Madam clerk. Call item 14. Clerk resolution authorizing the execution of the performance of a Second Amendment to the ground lease between the city and mission bay Affordable Housing for a Real Property at 150 barry street to 13, to 15, to 17, to 19, 23, 25, 27 king streets in connection with the zone refinancing and minor rehabilitation of the space at the commons. Supervisor cohen we have amy chang from the Mayors Office of housing on this item. I want to call you up and i understand that the Mayors Office of housing would like to continue this item due to issues with the lender. So i dont know if you want to speak a little bit and then well take Public Comment and then a motion. Sure, good morning, chair cohen and supervisors. Amy chang from the housing and Community Development. For item 14 we request that the item be continued one week and the project lender has brought