This era. In the bay area , all of the green and another round of rain. We have the updated timeline and what it means for your weekend plans. Also, i discovery during an arrest sparked a lockdown at a school in gilroy. It was not the first incident at the school this week. The parents say they were left in the dark we will be joined live outside the school our climate is changing. We talked about this and it is influencing storms in tahoe will speak to National Climate reporter chase kane and what the storm indicates for the future of this era. Plastic a live look outside across the bay area. Depending where you are, you may have experienced the rain on and off. A little bit of sunshine. This is what it looked like a long interstate 80 and tahoe area. You see all of the snow. It is coming down. This exit is almost completely covered. Chain controls are in effect along interstate 80. Advising people to avoid traveling to the mountains this weekend. Lets get to Jody Hernandez at the sno
Business that logged the worst session since march of 2020. 166 billion wiped out that is equal to the entire market cap of nike and amd or disney that cloud weakness spilled over into amazon. We will hear what amazon has to say tonight after the closing bell amazon shares off from yesterday at 1. 7 . Treasury yields picked up. The 2year treasury at 5. 12 thats the key level those are good facts you gave you can find a lot of companies uccompanies. Boeing ibm. Ge to lose that and still be worth a lot is the good news and bad news maybe good news and bad news morning. Uaw and ford reaching a tentative deal to end the sixweek strike. Phil lebeau is joining us with details coming out overnight good morning reporter good morning, andrew the final push for the deal was this week after the uaw called for more strikes ford earnings were set for thursday they finalized a deal. It kaulscalls for a 25 hike foe several four and a half years. There is more Profit Sharing for retirees here is shawn
Unveil, of course, the iphone 15 hoping to give the company somewhat lagging sales a boost. And the ufc, wwe, tko holdings will begin trading and well speak with the groups ceo, ariel maemanuel. It does post a revenue miss and issued Sales Guidance slightly below consensus. They have twice the amount booked at the end of the previous quarter. Jim, set to be the biggest gap down on earnings in a couple of year. Yeah, look, i would be a buyer especially if it was 113. I have a small position. The real issue is not what people are talking about. Its the acquisition they made, 28 billion. They dont like it because they already guided down for it. The mentions were how we would have done better if it werent for serner. Revenue recognition to go another way that will be a lot less, lets say its going to a subscription much harder to understand. Thats what people were thrown off by last night. It is not about the slowing cloud even though people said it was. David, sometimes you get situation