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Snap chats Parent Company goes public. Everybody here in the bay area is watching this closely. Daniels is a consultant focused on snap. It may inspire local Tech Companies to get serious. Seeing what happened today could really get boards excited. And if boards in the next couple months start saying, lets be like snap, we could have just a quite a herd of really nice companies, and unicorns heading toward the markets. That would be awesome. Potentially awesome for those companies, what about the bay area economy and housing market, which has been pricing people out for years. One ipo like that could make a difference. Steve has been a realtor in San Francisco for 40 years, and says, tech has changed the market, facebooks Public Offering in 2012, almost doubled the ....
Joining us tonight. Two former Stanford University students are multibillionaires. This morning, snap cofoun r cofounders rang the opening bell on the New York Stock Exchange as their company went publ public. The company had even more to celebrate after the closing bell. Snap finished its first day of trading at 24. 48. It managed to rise on a day the rest of the market dropped. The dow fell more than 100 points, the nasdaq dropped by 42. This is the biggest and most expensive American Tech Company to go public since facebook in 2012. Snap isnt a bay area company, its based in venice beach. Kate larson is live to explain how it has an influence on our local tech industry, kate . Even though snap is based in los angeles, it still feels like a Silico ....
Bringing you the latest poll results. And apple involved in a patent fight in china over the iphone 6. But the status of the company that holds the chinese pat nlt may actually surprise you. We have new details on that. And a rare interview with vice ceo shane smith. Well play that for you coming up. Starting with this story of elon musks tesla making the bid for elon musks solar city. Phil lebeau has the latest comments. Take a look at shares of tesla and what happened once they announced this deal yesterday. And whats happened today with shares of tesla once the second solar city bid was announced. There you see it right there. Down more than 10 . When you take a look at this deal, what a lot of people are still trying to wrap their heads around is why this has to happen. Why are there synergies there. Solar city, a company that is cash flow negative. Is not profitable. As the 2. 8 billion deal that elon musk says will have a lot of synergies built in to allow this company, tesla to ....
Documents late. Repercussions have started and we are on it. Investment advice from donald trump. He says stay away from dogs and a very massive recession is on the way. Stops will be up again, but remember that dallas on a roll. Its approaching an alltime record high. It is a cascade of news. The wisconsin primary, cruised in vendors narrowly beat tomorrow. They may be perhaps a of iranian weapons and up pops donald trump again. He says the Hedge Fund Guys who pay taxes. It is monday. The news bursting out all over. Varney company is about to begin. That massive document leak. Now being called the Panama Papers. They moved with lightning speed and social media. Numerous World Leaders and their families embarrassed by revelations about the money they keep off shoring tax havens. They didnt want you to know, but its up the ....
Downing trees rather, and damaging buildings leaving more than 250 homes without power. The connected to new level, toyota is using facial recognition to help open your car door when you dont have any hands free. Mixed markets there. Shanghai composite close for a holiday in china, in europe, however, weve got markets moving up. Energy stocks keeping a lid on gains but we do have Oil Prices Moving lower and stock prices moving higher. In europe up, in the u. S. Expecting higher opening. Today we get the factory orders report out. That is typically a market mover. The dow industrial ahead of that expected to open at 25 points. Nasdaq, s p also higher. All that coming up here this morning. Maverick Pack National morgan ortegaus. Former Texas Governor rick perry joining us this morning. He was a passenger on that weekends ....