going to be up at the open. it would appear at least judging from the futures. european markets have had more or less reasonably decent day. good, love to see it again. thanks everybody. that s going to be a constant now. you see the one outlier is the ftse 100 in the uk. 10-year note yield and crude oil, crude was a story yesterday going down, 10-year note yield around 1.5 and now crude up a bit but did seem to take the market down a bit yesterday. as it weakened in the session. alibaba reporting its earnings this morning and they did top estimates. overall revenues were up 59% year over year. gross merchandise volume jumped 24%. joe tsai is the executive vice chairman of alibaba and he joins us now from hong kong. it s always nice to have you, joe. there s a long delay, i should let our viewers know. i will talk and then you talk. not sure we re going to be able to talk back and forth as much as we might want to. let me start with this, joe. of course a very strong quarter.
hampton. this is near several businesses so police are evacuating those nearby until they can figure out what the package is. we are working to find out the latest details about this. as soon as we have more information we ll pass it along. now to chesapeake where we are following more breaking news. first a mobile home fire. the fire department says a mobile home caught fire on military highway. that s not far from north battlefield boulevard. the latest we know so far is that firefighters are still on the scene. when crews got there a little after 10:15, they say the mobile home was fully engulfed in flames. we are working to find out more details like if anyone is hurt, and what may have started it. we ll pass that along as soon as we get it. now to a breaking time saver traffic alert the one-thousand block of waters road in chesapeake is closed. that s because an accident caused downed power lines there. crews expect to be working until two now let s talk about the weat