Its also an area of the country thats been back on rack in terms of economic rebound. Right. I remember seeing the pictures of the lockdown, it was easing and going into apple stores. One of the times of normality. See the stock selling off a little bit, down 3 but obviously in the grand this of things for year and in the context of how well this company is operating right now, really bad. Oo too bad here. 73 cents versus 70 and total came in at enue 50. 15 billion slightly estimates. Nevertheless, interesting reaction in the market, joe. Apple e on this and in particular lets bring in Bloomberg Intelligence enior analyst for semiconductors and tech hardware, thank you for joining us. Ere all looking at the headlines at the same time but so far based on what youve seen what stands out . Mean, look, this is an okay quarter. Im more interested in what will ber commentary on the iphone 12. We had pretty strong follow through into the calendar, even 1q. We have pretty robust expectations f
It is friday august 14th this is the appropriations and budget meeting im sandra fure. Fewer. Thank you for sf gov tv for broadcasting. Do have an announcement. In accordance with governor newsoms executive order no. N3320 declaring a state of emergency regarding the covid19 outbreak and mayor london n. Breeds proclamation declaring a local emergency issued on february 25, 2020, including the guidance for gatherings issued by the San Francisco department of Public Health officer, aggressive directives were issued to reduce the spread of covid19. On march 17, 2020, the board of supervisors authorized their board and Committee Meetings to convene remotely Via Microsoft teams and will allow remote Public Comment via teleconference. Visit the sfgovtv website at www. Sfgovtv. Org to stream the live meetings, or to watch meetings on demand. Members of the public are encouraged to participate remotely via detailed instructions on participating via you can call 14156550001 again 14156550001 me
Inland. It already has. The hit series daniel tiger will soon be teaching toddlers and preschoolers about the covid19 pandemic. They kick off with a special on the coronavirus outbreak on august 17. During the special, daniel learns that the neighborhood carnival has been canceled and he has to cope with missing the people he loves and how to keep himself and others healthy. As we go to mike, good morning. We do not watch daniel tiger in our house anymore. I do remember them being riveted by that show so it will probably be pretty good for those kids. I watched the original daniel tiger, the puppet mr. Rogers had. That does not surprise me at all because i know that mr. Rogers had a beautiful way of addressing really heavy issues in a perfect, child appropriate way. Many of us grew up with mr. Rogers addressing racial equality, and civil rights. In and then a that families can understand and digest. It was an important thing to plant. That led to many important conversations. Covid19 i
[moment of silence] [moment of silence] [moment of silence] [moment of silence] [moment of silence] [moment of silence] [moment of silence] [moment of silence] neil we have just completed what is one of the longest moments of silence ever recorded on the floor of the New York Stock Exchange, 8 minutes, 46 seconds to indicate aicers knee before he ultimately died two weeks ago. This being simultaneously recognized around the world as exchanges in towns, protests all stopped in their tracks to honor the victim who is now become a cause and a big cause at that. Already we heard from new York Governor Andrew Cuomo says hopes to move rapidly on legislation that will reform the Police Forces in the state of new york. There is a similar move afoot to do the same on the federal level. Some going so far as to advocate totally defundings Police Forces all together. They are a minority of the Progressive Movement but a powerful and vocal element within that call to change business as usual within
All sectors are higher, even those companies that are telling us that news, like uber, laying off 3000 people. It is really across the board. Homebuilder confidence that are than last month but still coming in at 37, so still pretty weak. Crude oil just below 32 a barrel. I want to point to the offshore indicator of how the market may be performing. Weaker for the last few days. Lets get a deeper dive into todays Market Action with kailey leinz. Kailey obviously, we have a healthy rally underway. Volume is 20 above average. That indicates there is some conviction here. Bet indicates there not much conviction, the vix. The fewest long contracts, and the fewest short contracts. How toket is not sure price future moves and volatility, even as the vix has fallen by more than half. That index is now at 829 handle. , ifor movers in the markets want to mention moderna. At a 29 handle. Analysts raising their price targets on that. One saying the company could have a potential blockbuster for v