At 211 a share, now its 213 up again, those two Companies Amazon and microsoft have huge and growing cloud operations. That is a big part of their stock rally. Now look at tesla, 142, yesterday closing 1600 a share and this morning its up 11 bucks, 1654 but it is up again, are these tech stocks a bubble, is it like the dog, the late 90s, ive never seen anything like this before. Now look at the overall market, the Dow Jones Industrial going up again, maybe 150point of the opening bell, the s p of 21 points, two thirds of 1 . Look at the nasdaq, a half percentage point and more because a big tech again. The market is also getting help from the europeans who reached agreement on a near trillion dollar rescue plan that helps and they are still negotiating a plan for the United States as of right now. Bottom line, big tech in the market going up again today. A different story in our cities there is a confrontation going on on one side local largely democrat mayors on the other federal auth
That Summer Vacation today, youre losing money, particularly if you are a tech investor. On this first trading day of august, the nasdaq aiming for its 29th record close of the year as tech giants from apple, like we were talking about, to microsoft and a whole host of other names, lead markets higher. We have the nasdaq up 176 points right now. Dow is up 274. Youve got to watch microsoft in this final hour. It is hitting a record high after confirming charlie gasparinos report that the og Software King is indeed in talks to rescue viral video platform tiktok from President Trumps threats to ban the chineseowned favorite of dancing teen agers. Of all the chinese apps, why ban this one . Charlie breaks it in just moments. And if the president does ban tiktok, will that be a shot across the bow aimed at china . We have team fox business coverage of the brewing tensions between the two superpowers. Our tech panel is here to tell you if we are on the verge of a high tech cold war and why t
The session, sara. Come back after two down weeks. Coming up on the show, tech investor Roger Macnamee is with us and gold strengthens, the dollar weakens and home body stocks outperform well break down the trades and themes in a few minutes with David Rosenberg. Lets focus on the key stories mike santoli watching the bounce back rally meg tirrell as the president participates in a Coronavirus Briefing and the other big Market Driver this afternoon, the stimulus negotiations in washington new details expected this afternoon. First to you, mike yeah. Sara market really is a bounce in large tech stocks that is carrying the s p 500 to the high end of the recent range. Pretty well mixed market under the surface. Those big nasdaq themes carrying we spend most of the day, interestingly enough, almost exactly at those early june eyes we were looking at for a while not sure there is any particular reason we have to sit there. 3232 is that level basically that, is where this nasdaq rally has ta
As a community we will create an alternative safety plan and a transparent. Any intentional way including stop. Students community and board and books. Now at 9 the Oakland Unified School district is looking to join the Police Free Schools movement. Thank you for joining us tonight, everybody im grant lotus and im Vicki Liviakis this renewed push to eliminate Campus Police comes in the wake of George Floyds death were educators held a meeting tonight to introduce the proposal kron fours gayle ong has live with us now to talk about what was discussed kale. Grant and making it is called the george floyd resolution and its demanding the School Districts Police Department be eliminated. The board of educators held a zoom meeting tonight where superintendent kyla johnson trim l announced the new legislation to push Oakland Unified School Districts Police department, the Districts Police department is separate from opd and according to district unit consists of more than 100 sworn personnel
2 million confirmed cases now coronavirus in the u. S. And doctors are afraid that were going to see a spike in new infections over the next few months right now we have between 800 and a 1000 people dying every single day in america. And all of the models all the data suggest that things are going to get worse in have increases the virus hasnt gone away. Its not like were looking for for the second wave. The first wave isnt cop. The Harvard Global Health Institute predicts a 100,000 more people are going to die in the u. S. By september. 12 states including california have seen coronavirus hospitalizations go up since memorial day and there has been at least a 10 increase in week to week reported cases in 19 states. Despite that outlook more very businesses are starting to open back up and that includes the dmv offices, their opening everybody all of them, but kron fours reyna harvey says theres a big catch and shes live in walnut creek reyna. Youre right about that big catch and the