Buyer beware, ipos that have doubled do not have a great track record after the debut. Plus the president and tiktok, he says hes not prepared to sign off on anything for an oracle tiktok deal. And wall street poised for a sharply lower open following the feds pledge to keep Interest Rates low for years and Technology Stocks do lead the declines speaking of which, jim, sounds like your conversation with joe a moment ago kind of rings with what Credit Suisse says today about tech valuations overall, that is that there is some excess and theyre lightning their weight at least on software. I count 30 companies that are selling at 30 times sales and then theres a number, even more, maybe another ten that are selling above that, 50 times sales for zoom along comes snowflake at 100 times sales. You just have to put the stop sign up because what it says is theres going to be so much supply that is coming. Look, if you own a company youve been waiting for it to come public you just got the gre
Youre watching kron 4 morning news at 7. Raging wildfires up and down the west coast. In fact its so bad that some of the worst air quality on the planet is right here in the bay area. I think blanket of smoke continues to hover over the bay area making it tough to breathe. And im healthy to stay outside. Good morning. Everybody, thank you so much for joining us on the kron 4 morning news, set saturday September Marty gonzales unfortunately that smokes expected to linger throughout the weekend. It is yet another spare the air day for the bay area, the 26th in a row. We want to get more from days far on that and look at the forecast heidi a good morning marty good morning it looks like were getting a little bit of sleight thinning of the smoke at least happening a lot of air quality the service is going to be lousy all weekend still continuing. With some improvement as we get into early next week because of some other factors are going to help out with the sky conditions to again this g
Go your own way your wireless. Your rules. Only with xfinity mobile. Now at 11 00 its going to get super hot this holiday weekend. Can the grid keep up . Tonight the plan to keep you from losing power. For the second time in four years, were tracking record High Temperatures. Were also keeping an eye on the air quality across the bay area. Tonight a delicate balancing act for those cities expecting the big beach crowds. We need to minimize exposure and keep everyone safe. So we are kind of just sitting here going what they are thinking is on the business side of it. This is not good for our local businesses. One week after vandals did this to the mayor of san joses home. What he just revealed to us tonight. Good evening im elizabeth cook. Im allen martin in for ken. Now at 11 00, streaming on cbsn bay area, a comfortable start to the holiday weekend, but thats about to change and change quickly. Record breaking temperatures are expected. Plus the potential power problems. But first chi
Warning that will start tomorrow and runs through labor day. Inland temperatures will approach 110 degrees in the warmest locations and the air quality will still be an issue. Troubled spots in the north bay right around the central bay on saturday and then into the east bay and the trivalley as well. The air quality might improve fractionally as we head through the rest of Labor Day Weekend. Take a look at the air quality forecast into early next week. A complete weekend forecast in a few minutes. Paul, thank you. The big question with this extreme heat though, will the power stay on . Or will we see rolling blackouts again . Tonight the race is on to crank out enough power to last us through the weekend. The governor issued aing probation, allowing power plants to create more energy than their permits allow. Cal iso was working to buy power from other parts of the western grid. Those other parts also had their heat problems to worry about. Generally at this point they arent willing t
Studios, this is kpix 5 news. The concer over the Labor Day Weekend and can the power grid keep up with demand. We have a plan to prevent you from losing power. Heating up and places to cool down with temperatures rising, which area beaches are open. Allowing nursing home visits again. Good morning. It is saturday, september 5th. I am emily turner. I am devin fehely and lets check on the temperatures with meteorologist darren peck. I look forward in the forecast for you to tell me which beaches i can go to this weekend. That is because it will be hot with a heat wave today through monday. Heres a live look outside from the roof toward the bay bridge. Right now not impressive with numbers in the low 60s where we all live here in the marine layer. In the hills of the bay area believe it or not it is 80 degrees at some higher peaks right now at 6 00 in the morning. That tells us a lot about that warm air mass coming to stay. We will feel that throughout today and really tomorrow, and also