It will beevie says to salesforce what instagram was to facebook. Planning a new set of chips to outperform intel. What it means in the next generation of macs and more. First, u. S. Stocks dropped monday amid a surge in case of covid19. We are expecting to hear more about the Vaccine Distribution as states try to outline the doses, how many they will get, and one. Lets get to Abigail Doolittle with the latest on how it is played out in the markets. Breakdown that and what is to come this week. Abigail an interesting day we have had big gains on positive vaccine news and this week the vaccine will start to be distributed in the u. K. There is some expectation that will happen next week, but we had a bit of a down day in some of the indexes. We had strength is the nasdaq 100 and other techheavy indexes. The nasdaq 100 up a nice day in a row its longest daily winning streak going back to december, 2019. That strength, emily tesla the stock up 7. 1 , continuing to store up till it will be
Alarming new numbers showing covid rates rising faster in kids this summer. Overnight President Trump once again taking aim at the nations top Infectious Disease doctor. Is morning sex scdafa a wideranging independent investigation into ousted president Jerry Falwell jr. , a week after he was forced out at the nations most famous evangelical university. Major flash flooding. Overnight dramatic rescues in North Carolina. Houses underwater. Roads turned into rivers and now the new threat this morning. Three states on alert for dangerous new flash floods. Secret struggle. Wda fore the new details about Chadwick Bosemans extremely private battle with cancer all while filming several movies. Overnight black panther costar michael b. Jordan sharing a powerful message honoring his greatness and this morning how the superstar is still potentially saving lives. Scare in the sky. We just passed a guy on a jetpack. Dont hear that every day. The mysterious close call after multiple pilots reported
Not before the bears came out swinging on news that 22 states now see increase in coronavirus cases and hospitalizations, as social gatherings seem to be replacing social distancing. Ridesharing startup via found itself in the middle of the covid19 reopening whirl wind already forced to up end its entire carpool model and the uber lyft rival faces another curve in the road as the virus rears its head again, and we have a fox business exclusive on why theres opportunity versus calam ity. This is the debate over restaurants reopening rages on crowded scenes like this one leaving new York Governor Andrew Cuomo to threaten new lockdown orders. Coming up the secret weapon helping everyone with restaurants to the nfl declare victory against covid19. No wonder their product is sold out right now. And whatever you ordered online during the pandemic, theres a good bet bubble wrap came wrap ped around it as its stock charges 25 higher quarterto date. Were about to show you how bubble wrap king s
The big boet on bitcoin thats got everyone talking. But first, we begin with a trip back to the future for the markets and this was flagged by our own dan nathan a year ago today it was trading at 2900 and basically back to that exact level and lets fire up the flex capacitor to see what life looked like and wow, the world would change this time last year the s p 500 would trade 17 times pe and the tenyear note, and unemployment j was just over 3. 5 and Flash Forward to today, it is trading 20 times, and the yield. 6 and unemployment is projected to hit 16 and gdp is negative for the first time in over a decade. The world has been turned upside down and the market doesnt steam to care. So if youre an investor, should you make like a tree and get out of there i am told thats a funny line from the movie youve never seen the movie i saw it. The movie was released in the summer of 85. I think i turned 50 that year. It dawned on me as i listened to your intro the economy is george mcfly. Th
Reporter yes. A warm wednesday for sure. As we head through the afternoon get ready for mild to warm temperatures. Plenty of sunshine. Here is a live look with our Treasure Island camera. Mainly clear skies and temperatures running into the 50s at this hour. As we head through the afternoon highs will be warmer than yesterday. We will watch temperatures climb through the week. 73 in San Francisco and 79 in oakland. 81 in san jose and 85 in concord. Nine to 12 degrees above average for this time of year. I have more on the full forecast coming up. Lets check in for the traffic. Yes. Thank you. Im getting more information from chp. One person has died in this accident northbound on the 101. They did have all the lanes shutdown. They have opened two left lanes leaving the two right lanes closed as they investigate and deal with the situation there. There is activity on the north side. The backup looks just beyond trimble. You can use 280 as an alternate and use the freeway to get past the