Lot going on as stuart did tell you that whole hearing where the tech giants will gather virtually at least. It is parked back maybe half an hour. I was doing back of the napkin guesstimating on their wealth. That is on, i think is worth about 180 billion. Our Charlie Brady follows this thing would know to the penny. I think it is roughly about that. Mark zuckerberg facebook, close to 90 billion, close to 2 billion, tim cook of apple, thanks to appreciation of that stock, he is at around 2 billion. So lets say you were to add all of this. These are numbers. I added it all up. That is 272 billion collectively. These are among the richest men on the planet, particularly when it comes to bezos and zuckerberg. But putting companies combined market cap at north of 5 trillion. If you were to add microsoft to that bunch, microsoft will not be part of this hearing. They represent the five most valuable companies in the world. Isnt that amazing . Youre welcome america. We have this delay. We ha
Happening today, more businesses are now close in Santa Clara County. Some just reopened days ago, lets check in with kron fours reyna harvey who is live in Santa Clara County with an update this morning, robin you know when businesses first got word of this new round of closures a lot of them were completely caught off guard. I was talking to some of them at the beginning of this week and a lot of them have spent all this time trying to get everything open just to turn around and have to close things so they had to quickly jump into action like you mentioned a new round of closures including a barber shop behind me here salons along with churches and gyms now again on monday we saw a whole nother round of closures that spread throughout the state of california that included breweries movie theaters bars. Now this is all in compliance with governor newsoms order that was issued on monday. So not a lot of time for these Business Owners to try to get things closed before today. We also s
Its the fed on a day where the fed presented the monthly heati lly meeting, surprise we heard endless chatter how the stock market is in a bubble of the feds making. After a good day, the dow gained 160 points and nasdaq fell to 1. 35 . You need to know that i think this is totally nuts yeah, right. The all powerful fed created an environment where equity is the only asset class worth owning and bonds are for suckers. Its our central bank with the illuminati and free masons im sick and tired of hearing were in a bubble that the feds over inflating the price of stocks by printing money to keep the economy moving believe it or not, there is more to the economy than the Federal Reserve and certainly more to the stock market first, im not saying the fed doesnt matter of course, its important. They could raise shortterm rates to five and that could crush the stock market that would make the bears happy. I can hear them coming on air and praising the fed for giving investors a reasonable al
Melanie woodrow is live with a look at the impact on the bay area. Melanie . Reporter indoor activities, including Indoor Dining off the table. The governor has ordered the closure of additional indoor sectors for counties on the watch list. Go the governor dimming the switch on californias reopening. This virus is not going away. Reporter all california counties across the state will close Indoor Dining, wineries, theaters, Family Entertainment centers, zoos and museums, card rooms, and bars, which must close all operations. This includes san mateoesumed i. We were able to suppress the spread of this virus. We were going to knock down the growth of this in the beginning. Were going to do that again. Reporter this as the california covid19 test Positivity Rate increases with the number of hospitalizations and icu patients. Not only are people getting covid19 and seeing people transmit this disease, but were also continuing to see lives lost. Reporter counties that are on the watch list
Tatatatataoooot a a a futures diintica dngliecec at startffff trtradown 50 po 50 ts 50 nnhehe sdaq a s p downow 28 on8 tus aftertreron rally kikied o o the t t yes yrd y llimee high. Aq t t yetet who tip intoed the Paycheck Protection Programs, Company Including law offices, girl scouts and pf changs and even kanye west. Crime rising in major u. S. Cities, state of georgia declaring National Emergency following week of violence in atlanta. Mornings with maria is live right now. Maria Global Markets are red across the board. The cac quarante in paris down 57 and dax lower by 176 this morning even though there are signs of recovery to tell you about in germany. Industrial output rebounded in the month of may rising 7. 8 . In asia overnight, markets mostly lower with the exception of china. Stocks rose again in china following big rally on monday after state media said that china needs a healthy bull market and ready to add support to attract investors. As soon as ccp tells millions are o