Headline, cooler today but a little above average, read the bottom line. The hundreds are coming for the weekend and for extra credit, the middle line which has a little bit of a side note thrown in here. Maybe a small chance for a few isolated thunderstorms tomorrow morning. I will explain what that is about coming up. So far it is early and looking good. Lets take a look at the bridges and the main thoroughfare starting with oakland. You can see the nimitz freeway moving along fine. No problems. Even a bit of added volume. It is just past oracle arena. No problems to report. The bay bridge is also starting to pick up. The cash lanes are a little packed. We are fast tracking it through San Francisco. No problems at all. This is only getting worse as the morning continues. The san mateo bridge looks really good. No problems here. You are moving along without an issue. The Richmond San Rafael bridge is better than that. Emergency construction and play. For whatever reason, your travel t
Our road map begins with the earnings deluge. The busiest day yet with 3m, comcast, dow crossing the tape plus, tesla shares tanking this morning despite record deliveries of its electric cars. The automaker did report a larger than expected loss. And max pressures southwest shares falling sharply ahead of the bell. Loves gary kelly will join us exclusively this hour. Stocks set to make new record highs with two big movers today. Tesla, a larger than expected loss for q2 margins down despite record deliveries of course, facebook beating on both the top and the bottom lines, but with that warning that growth will slow. Results include a 2 billion charge as part of the 5 billion settlement with the ftc as facebook resolves one probe, disclosing yet another, saying the ftc began an antitrust review in june, which is separate from the antitrust review of Big Tech Companies Just Launched by the doj theres plenty to choose from this morning, jim. Whats on your mind . I love the facebook call
Busy in the east bay and still pretty busy in the southbound and northbound stretch near the 23rd avenue exit, but its equally busy on the bay bridge toll plaza. The metering lights have been on since 5 20 this morning. If this is part of your commute, extra time to enjoy the beautiful skies this morning and the nice sunrise building up and here is a look at what you expect in terms of the drive times. Towards the Richmond Bridge, youre looking at nine minutes and westbound 80 towards the bay bridge 16 minutes and aside from that, we do have a couple crashes in the south bay that might slow you down. A look at how the south bay is doing and the rest of the area coming up. Thanks, vianey. Breaking news this morning, two people rescued from a south bay river and now were working to find out their condition. Bob redell live at the scene in south san jose. This happened in the Early Morning hours, bob . Correct during the 1 00 hour at the Guadalupe River. We know one of the people, we beli
Post nine of the New York Stock Exchange Morgan Brennan has the morning off. Dow session low was about 150. Well start with this rally in tech leading the s p to record closes yesterday these regulatory headlines out of d. C. Not slowing down the momentum out of the valley evaluation partners, early facebook investor, Roger Mcnamee is with us to talk about facebooks print they cant lose. No. What would it take to slow these guys down . To be clear, i think from an investor point of view, theyre delivering exactly what investors want and as long as that goes on, the stock is going to be fine to me, the question is the policy one that all of us as citizens that our government has to ask, which is, should there be some limit on what businesses can do when the actions of that business affect public health, democracy, privacy, and competition. And, you know, were wrestling with that right now and the governments getting its gears moving, but it goes slowly and until i guess its going to nee
Stocks sitting just off the lows of the session down is dow, s p 500 down about a half a percent we had seen more than a 1 decline. Now down by. 9 two big dow downers. Boeing falling for the second day as the fallout keeps getting worse. Also a downgrade today from Wolf Research and check shares of 3m heading lower. The stock is down nearly 20 from its 52week high and shares of tesla on track for its worst day of the year. This after a posting a loss to the quarter announcing its long time cto is moving to an advisory role. Thanks. The two other big stories today, alphabet and amazon are on the clock because theyre r reporting after the bell their stocks are higher this year but with the doj taking aim at big tech, should investors be concerned . Diedra is here tracking amazon for us josh is in San Francisco looking at alphabet. Josh, start with you so its up about 8 this year that means it is badly lagging both the market and the tech sector ive checked in with sun trust yusef. He lis