Suing the fcc, huawei. The first ever Safety Report detailing Sexual Assaults in the news for uber. Our top story, a big jobs day. The u. S. Economy added 266,000 jobs. According to one source, tech grew. Joining us now is our guest. Adam, such a big day. Where does tech fit in for you today . It is the sector that continues to grow and out case overall job growth. What ever stories, individual thisnies and concerns, sector is adding jobs more quickly than the rest of the economy. Islor wage pressure something we have been talking about. We are seeing wage growth as well. Our tech jobs following that . Wage growth is broadbased. ,ou see it across industries and it has been stronger for low labord workers lately, as markets lacked gets lower and lower. Those are the worker starting to benefit now. Taylor as you look across the tech sector, what industries and sectors are winning . Good,nformation is doing , tech innications general, data processing. It is hard to say it is one sector ve
An inch should cover it, cooler today, 50s on the temperatures. You will tell us, is the rain trying to steam a three engine sound. Oh boy. Youll be there a while. Thank you. Good morning everyday, lets go to the bay bridge toll plaza, you can see traffic is backed up all the way out to the toll plaza. About the same, the 880 is better so is the favorite. That it gets slower, you can coming up in just a few we will dive deeper into that and also look at the commute, lets go back to the desk. We are still following breaking news in the east bay. Law enforcement with crime scenes in two different cities. Sara zendehnam was covering one of those scenes in the valley. I know they just cleared the scene, give us the latest on what happened. Reporter good morning, thats right, we did reach out to the county Sheriffs Office a couple of times and have yet to hear back, this would be seen looks like at the 7eleven on redwood road here in Castro Valley. Crime scene tape was blocking off the entr
Just because a deal gets done that doesnt mean it will make sense. The dow finished flat, s p advanced 0. 7 , we need to address the merger mania because this market was dominated by deals today. Both real and imagined before we get into the weeds let melee out my position for you. I love mergers and acquisitions. The higher the stock market goes and it reduces the supply of stock floating around and anything that takes out supply is good news even if its applied to buy backs, however, i dont love speculating on mergers and acquisitions especially when acting on a tip as always, i say tips are for waiters if youre not for sure a deal is coming, Accurate Information is illegal. If you dont know, then youre just gambling. My rule of thumb never bet on a stock because of the speculation, only buy a stock of a company with healthy fundamental. Any potential deal activity lets say thats gravy which brings me to todays action this morning david faber reported that xerox wants to buy hp ink w
Come up, excluse of ive insightm jamie dimon and ray dalio. Shares of uber, theyre sinking on continuing losses, more than a billion dollars in the Third Quarter. But the ceo predicts profitability within two years. And done everything right goings new chairman backing embattled ceo Dennis Muilenburg of the max crisis. Uber, shares falling stocks now 35 below the ipo price in may yesterday on closing bell, the ceo said he sees profitability as david said for the company in 2021 it was a very significant beat on the top line in terms of Revenue Growth accelerating and the bottom line. We increased our 2019 midpoint of our guidance and ebitda by 250 million. Ill tell you, while we havent finalized our planning, and it is going to take a lot of hard work from a lot of folks, were targeting 2021 for adjusted ebitda profitability full year sort of echoes of what lyft said last week street is mixed on this. I saw price target cuts and raises today. You got rbc saying that there is 1. 7 billi
Nasdaq sank. We keep getting hammered by in sesant woes and worries about the economy even as we give a pass to the companies that indicator to the strong cumer, or just putting this out there, will we come to a realization that without some sort of trade deal with china, or at least mexico and canada, that this market is going to be headed lower, no matter what . I fear it will actually be the latter, because the strength in the stock market earlier this wee week was so broad, that the less lift you get from nabaf . Nabaf only works when stocks are going down like the bank stocks were going into this week. If theyve already run, nabaf doesnt offer much protection. Theyll need to deliver better than expected numbers and thats hard for companies to do in this environment. With that in mind, let me walk you through the game plan for next week. This is cramers game plan, its the only game plan that matters. Halliburton reports early monday morning. We call this one hal, and im not a huge