And we hear from the viagogo chairman and founder after that stubhub cash deal from ebay. First, our top story. Five years ago, alibaba pulled off its biggest ever ipo on wall street, and today, it rang up the biggest share sale in hong home in hong kong in 10 years. The listing is being seen as a triumph for a stock exchange. Stars toyears it lost u. S. Rivals. This comes as prodemocracy protest have gripped the city for weeks. Joining us from washington, john freeman, Vice President of Equity Research at cfra. If you take a look at the company raising an additional 11 billion, where do you see that company in terms of that use of cash . Thank you for having me. It will be interesting to see what they do with the extra cash. I think that brings them to about 43 billion in total, 21 in net cash. I would like to see them invest more heavily into the Cloud Business, which is 8 of revenue now, it was growing 64 yearoveryear growth in the last quarter. We have seen this movie before, how t
Chairman and founder after that stubhub cash deal from ebay. Five years ago, alibaba pulled off its biggest ever ipo on wall street today, the biggest share sale in hong kong in years. The listing is being seen as a triumph for a stock exchange. It comes as prodemocracy protest have gripped the city for weeks. Joining us from washington, john freeman, Vice President of Equity Research at cfra. If you look at the company raising an additional 11 dollars, where do you see that use of in terms of that cash . John it will be interesting to see what they do. I think that brings them to about 43 billion in total, 21 in net cash. I would like to see them invest more heavily into the Cloud Business which is a percent of revenue now, it was growing 64 yearoveryear growth in the last quarter. We have seen this movie before, how the Small Business scales with amazon. 12 of revenue, 70 of profit. As it crosses the breakeven point soon and they can offer additional services, i think that would be a
To check out. Were live with the Details Behind her proposal and the growing support in some circles. This is today in the bay and sorry, but this is my voice right now. Im nursing it. Good morning and thanks for joining us. Im laura garcia and im kris sanchez. Marcus washington is off. It is nice to see you. Nice to be back. Im sorry that you still are not. I know, its just been a really tough one. Its frustrating. I bet. I bet the kids love it, though. Yeah, because i cant yell at them, thats for sure. Hey, lets start out with a look at the forecast this morning. Meteorologist kari hall is tracking what we can expect. It is good to have you back. Now we are going to start out with temperatures in the low to mid 40s. Were at 44 as youre heading out in oakland, 45 in san jose and 43 in san rafael, while San Francisco is in the upper 40s. What a weekend we had and it was still very chilly yesterday, even with the sunshine, were just going to be a touch warmer than that today as were goi
Today monday, may 6th, 2024, breaking news. Hamas accepts a ceasefire. A potential breakthrough in the israelhamas war. Hamas says it accepts a ceasefire proposal after talks with egyptian and qatari officials. The question now, will israel sign on . What were learning. Trump on notice. The judge overseeing the former president s criminal trial issuing his sternest warning yet. Stick to the gag order or face possible jail time. Wove all of todays developments coming up from court. Church shooting scare. A man pulls a gun on a pastor in the middle of his sunday sermon. Well hear from the man who sprang into action to save the pastor. And its called mommy brain. 8 in 10 women say theyve experienced that phenomenon during pregnancy. Well talk about why it happens and what you can do about it. We do begin this hour, though, with that breaking news out of the middle east. Hamas says it has accepted a ceasefire proposal to pause the sevenmonth war with israel. The deal was mediated by negoti
Well see today still slightly cooler than normal, but we are going to warm up quickly as we go throughout the week, so well talk about that in a few minutes. Mike, do you still have delays through pleasanton . We do carry, but typically this time of day we would start to see the delays. Were actually starting to see a lot of improvement as the commute is building. So were going to probably hold similar flow for the next hour or so. Were looking at south 680 slowing right around bernal. The earlier crash and debris have cleared from the roadway, but theres still activity in the area. So watch for the distraction. Now were looking at the slower drive down in towards sunol and pleasanton. In that portion of 680. A little build. Theres a disabled vehicle just off the Castro Valley y. But we see that slowing just starting for southbound 880 past the san mateo and then down toward the dumbarton bridges, which moves smoothly across the bay peninsula side just fine. The south bay shows your ty