Picturesque photos. If you have any, if youre a photographer, if you have an iphone, send those over to us. South bay, 54. Peninsula, 42, and San Francisco, 53. The north bay, 46, and the east bay, 57. You can kind of already see the skyline filling up with clouds. The temperature trend is showing a much cooler pattern than yesterday. Today, were not really expecting to see any 70s in the forecast. Mainly going to be upper 50s and 60s for inland areas which is great weather to be outside. Maybe a nice hike. Today will definitely be something to do with the kids. Maybe go outside. Maybe to the beach even. It night be too close to the beach, but i think its breezy as well. Were expecting a cool front that came in overnight. Winds from the west between 15 and 20 plus miles per hour. Today will be cooler, breezier day, but yes, on track to see more showers in the forecast. That could start as earl eas tomorrow. If you want to get a closer timeline of exactly when the rain is expected, wher
Industrial production. Michigan sentiments at the top of the hour. Theres a look at crude back about 47. Our roadmap begins with ge beating the street on earnings, but what about nelson peltz . Companies such as yung, wyn. Alibaba making a multibillion dollar play for china. General electric up 29 cents a share in the Third Quarter held by demand for jet engines and power turbines. Ceo jeff emmeltz said ge performed well. Oil and gas revenues down 16. Power and water up 1, aviation up 5. I like the quarter. Plain and simple. When i see 4 organic growth, thats going to be among the highest of the Big Industrial companies. Its been the best performing industrial so far this year. I think jeff immelt, the transformation is truly happening and it is real. This is obviously Conference Call, we have the date, we have our reports here. I mentioned that because the Goldman Sachs hadnt been on that and the stock jumped 7 points after we talked about it on squawk. Important to mention. Things ha
1. 8. Housing starts not too bad. Road map begins with netflix shares vaulting in premarket after the company trounced wall streets and its own expectations for the quarter. Ibm moving in the other direction. After revenue and guidance came in below what analysts had been looking for. President obama outlining his plan to help the middle class removing Tax Advantages benefiting the wealthiest americans. First up shares of netflix up sharply in the premarket. The company exceeding its own forecast adding more than 4. 3 million streaming subscribers in the Fourth Quarter, posting profits that blew past street estimates. During the interview, Reid Hastings asked for his latest thoughts on the companys ability to reach 60 million to 90 million subs in the subs. Looking very good. 39 million in the u. S. Adding 5 plus million a year. So the trajectorys great. And you know if you step back and you say is internet video going to be in every home in america in ten years, thats a pretty clear y
Watch. Jpmorgan today says buy the bounce. Well talk a lot more about that later this morning. Our rolled map begins with the markets trying to hold their ground after one of the worst days for equities. Like we said, in eight weeks. Dells profit falls 72 as the Company Looks further out to that potential future under private ownership. And described as an unusually stylish geek. Yahoo s ceo Marissa Meyer is in vogue, literally. First up, more signs of wait for prompter here. Seemingly weak economy, Housing Starts up at zoom but below consensus. Mike, how much damage was done yesterday with dow below 50day moving average, the stocks, financials, the transports, all the same . The market ak acted ragged but yesterday it hit it. To me its not just the fear of the fed taper. Its a fear of the fed taper at the same time that Everything Else doesnt look unequivocally great. I also find its interesting how the market doesnt like when labor market data is better than other Economic Data becau