Higher, nasdaq climbing. 33 , we keep hearing obituaries for this market will the alleged cause of death will something natural like old age or stocks went up too far too fast given the fundamentals . Will be slaughtered by the disappointment out of washington maybe just maybe the grim reapers being held at bay by a series of positive events closely tied to the nature of how companies are doing, hence the continued sense on both wall street and main street that theres value and then there are hills. Or at least values and then prices just look at broadcoms 105 billion hostile attempt to acquire qualcomm the thing about technology is skeptics dont understand how the industry has gotten so much bigger certainly the stocks are valuable with trading. The tie up with disney and fox, the story broke earlier today where disney will be buying the nonsport part just like broadcom trying to buy qualcomm, a disney fox deal make it so therell be less concentration on one product in this case espn.
History to the fbi. It includes information the air force did not report about the texas church shooter. The pentagon is now reviewing the telley case kelley case. Global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. This is bloomberg. Bloomberg technology is next. Im cory johnson from new york. This is bloomberg technology. Coming up shares of snap are in freefall in afterhours trading after a crummy earnings report. Plus, alphabets soup driving int chauffeuring people minivans without human backup drivers. We have a Progress Report from the ceo. Congress continues to make the case for Holding Big Tech more accountable. We will talk about the efforts to hold Internet Companies legally liable for the content on their platforms. But first, to the lead. Snap with disappointing results. The analysts are always wrong anyway, but the users numbers are really bad. Daily average users, 170 million. Less than the 180 million analyst estimate
And republican gillespie for governor. In new jersey, republican Lieutenant Governor is challenging a former democrat to replace the outgoing governor, chris christie. In new york, bill de blasio is up against a republican hallenger. Malliotakis. The pentagon has been aware for at least two decades about failures to give criminal history to the fbi. It includes information the air force did not report about the Texas Church Shooter Devan Patrick kelley. Devin patrick kelley. Global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. This is bloomberg. Bloomberg technology is next. Cory im cory johnson from new york. This is bloomberg technology. Coming up shares of snap are in freefall in afterhours trading after a crummy earnings report. Well break it down. Plus, alphabets soup driving unit close to chauffeuring people in minivans without human backup drivers. We have a Progress Report from the ceo. Congress continues to make the case for
Philadelphia southward, areas that have not had a freeze yet is getting their first one. The actual air temperatures have gone down during the day. Down to 32 degrees right now in allentown. You can see the temperatures in philadelphia by 7 00 a. M. Down to 25 and other places going pretty close to the teens and near record levels. Tell you more about what places are most likely to set the records and when were going to warm up, coming up in a few minutes. A cold blue alert goes into effect in philadelphia at 7 00 tonight. That means outreach teams will patrol the streets, encouraging the homeless to come indoors. Extra shelter beds will also be in place. That code blue alert runs through 7 00 a. M. Sunday. Plan ahead for the cold weekend with weather on the nbc 10 app. Get the hour by hour forecast for your neighborhood right on your smartphone. 20 minutes of nonstop news continues with one of the most popular comedians in the country admitting to allegations of Sexual Misconduct agai
2. Im gasia mikaelian. And im dave clark. Things are changing here, things in the way of low clouds and higher clouds are clearing out rapidly. There will be a northerly breeze kicking in. That will take hold later this afternoon, tonight, into tomorrow, but the pattern is changing, a dryer one and a warmer one. Clear and breezy. Warmer with upper 70s to 80s it looks like as we go into the weekend for inland areas. Looks like a nice day for day baseball. Dodgers giants, 64. Mostly sunny, there will be a northerly breeze. 64 is right where San Francisco should be this time of year. Theyre close on the low and the high. 86, 1921. The record, 42 back in 1984 is the record low. We are close to average here, and temperatures by saturday, concord, san jose, santa rosa look like low 80s for some temps. Today, we are transitioning out of one pattern into another one. The breeze will be more of a factor later on. At least theres more sunshine. Cool for some. He or she 40s and 50s on your temps.