Both sides claiming progress joining us for the entire hour, Karen Finerman, ceo of metropolitan capital welcome. Thanks for having me. This looks like a strong way to end what has been a strong week for stocks. What stood out to you in the rally . To me its the volatility that stands out to me. Volatility both up and down. Im always long bias, no matter what, which is a blessing and a curse. To me this is a scary time i think im a little more in cash than i would be and desk y definitely more protected. I want to be more hedged. So youve been buying puts . Yes over the last week i think the volatility i think it doesnt fully reflect the volatility that is out there, the tweet that could come at any moment. Why do you say its a scary time to me trade is really the issue here, not the fed. I think what keeps cfos up at night is not are we going to get 25, are we going to get 50 its what does our supply chain need to look like, how much can we pass on, how much do we need to absorb. Thos
San marina. Better news here in mountain view. This was the fate tall accident. Were just getting word now that all lanes have been reopened in mountain view. So much better news northbound 85 after evelyn. Now were going to concord westbound 4. Thats gummed uf past willow pass all the way back toward antioch. Give yours plenty of time. A 30minute drive time from antioch into concord. All right, sue. Back to the Traffic Alert in the south bay, the Highway Patrol has been on the accident scene all morning really. Yeah. We have just learned from sue the lanes have been reopened. S amy, im sure theres a backup. Reporter hi, reggie. Im down on the streets, not up on the freeway, which is good news. Theyve got the lanes reopened. They kicked us out of there so they could get that morning commute flowing. They were hoping to get this done by 6 00 knowing that that commute was coming and they managed to get it done. I want to tell you where we are. It was northbound 85 where the accident happ
Chips. The chips in this bag and the chips on this rack. I know it sounds like i agimmick. Maybe it is. But if you understand the zeitgeist of this market, if you really want to get it, these two types of chips tell you a great deal of the drama going on in the stock market and in the entire country. So on a good day when the dow advanced 130 points, s p gained 1. 03 , nasdaq jumped 1. 51 hallelujah allow me to explain. Lets start with these chips, the semiconductors. Right now theres a veritable feeding frenzy for the chipmakers. Investors cant eat just one. The etfs are going crazy. Buyers are chomping down on this stuff like piranhas in the amazon basin. Nvidia, obviously the not disputed leader of the group is up 87 year to date and 757 from its lows just 17 months 757 , people. On the other hand, though, this bag of chips is under assault. The price of a bag of potato chips has risen 45 while the cost of producing them has increased by about 40 over the last few years. But unlike
Best thing that could happen. Dan abrams breaking down how it could impact the trial. Michael 57 Million People in the storm zone. 20 reported tornados across five states. A state of emergency in michigan, with their first tornado emergency on record. Oklahoma hit hard again. Gingers on the scene and tracking the new threats. Robin tik tok block . The social media platform fighting back saying the u. S. Ban is unconstitutional. Michael air scares. Passengers evacuating a plane after landing. You could see the fire burning in the cockpit. Michael close call on another runway. Robin a Security Guard shot at drakes home in the middle of his public feud with rapper Kendrick Lamar. George breaking her silence. A former roommate of the Idaho College murder victims speaks for the First Time Since they were killed. I feel like right then and there i kind of knew something was wrong. George sharing the last message she sent them. Michael targeting the so called hunger hormone. A first look at t
But israel rejected it, breaking bus lane laws. The new concerns about robo taxis after a waymo car was seen making an illegal turn. Plus, the stars shine at the met gala. A look at the celebrities who walked the green carpet in this years event. Good morning to you. Welcome to tuesday, may 7th. Hows the forecast . Andrew, its getting warmer and warmer each day. So later on today, temperatures in the afternoon will hit about average. If you recall, yesterday those temperatures were below average. So each afternoon were getting warmer as we head towards the end of the week. Heres a live view from our south beach camera showing you those clear skies that sunrise is happening in about 20 minutes. Temperatures right now were in the mid 40s to the low 50s. 46 right now in oakland, 51 in san jose. Good morning. Were at 50 in the city, a little bit cooler in the north bay. Were down to 43 in santa rosa, 46 right now in novato. So looking at our day planner today, a lot of sunshine sun up here