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The midst of the pandemic. U. S. Stocks rising today despite no new stimulus. Yet, even shares of google. Alphabet shaken off the threats of antitrust scrutiny. Joining us, abigail doolittle. Why would google shares rise on a day that the Justice Department is filing a suit that could threaten to break google up . Abigail not the response you would expect from Investors Committee u. S. Suing alphabet usingcusing it of monopolylike powers. This is not exactly new. Theres been many shots across the bow. We have had executives from many of these Big Tech Companies testifying before congress for a couple of years now. The fact that google is underperforming on the day. At one point, it did dip briefly lower. You could make the case that it is really priced in. The stock price over the time period when we have se ....
Across the country and serving about 35 of our landmass. Host could you name a couple of those companies to help us get familiar . Guest absolutely. We could go all the way to western south dakota by Mount Rushmore to visit golden west and we could go to citizens on the Mississippi River up in wisconsin where we got cooperatives and if you are in my state of virginia weve got scott county down in the very tip of the state serving the tristate area so ive got 850. Host when you talk about landmass you not talking landmass or population at all. Guest peter, you hit upon the key part of this. Its about 5 of the American Population but they are truly the providers in this extremely rural part of the country and everywhere from alaska down to the panhandle of florida so they stretched all across and it got everybody f ....
Sal castanedas here now. It is quiet. And yesterday at 6 00 we did have people who were going to work and here on the bay bridge this morning at 6 00, it is absolutely light. No doubt a lot of people are heeding the warning to stay home. You can always send me a tweet. Were always on social media here. If you were not going to work yesterday and youre going today, let me know what kind of job you do. Im curious. All three bay area airports are still open. Public Transportation Systems are still running. They ask that you practice social distancing and should be no issue because transit systems are not crowded at the moment. 6 01. Lets go back to the desk. Strict shelterinplace order took effect at midnight in six bay area counties. Some of the bars, nightclubs, and restaurants in downtown san jose closed at midnight as part of that order. Ktvus allie rasmus joins us now to talk about the effects this is having on the bay a ....
Why that might be easier said than done. A growing debate over the next steps the white house may or may not take to avoid a downturn in the economy. Were getting mixed signals on the strength of the economy. So we start in this hour with Jackie Deangelis who is here in the studio to lay it all out for us. Reporter connell as recession fears linger, concern over the trade war keeping a lid on optimism, especially today. This is big week for retail. Home depot earnings were in focus. Home depot numbers beat the street. A reminder of the thorn in the markets side. Home depot is worried that the trade war a new round of tariffs will cause Consumer Spending to slow down. It. J max, positive report was dampened by earnings guidance. Numbers were under wall street expectations. Headwinds to consider here, global slow down, europe, china, parts of europe, bond yields continue f ....
Off earnings season. Trade war slowdown, china posting the lowest quarterly growth in 27 years and Silicon Valley tech lash from one of its own, peter teal calling out google, alleging, quote, seemingly treason ous acts well begin a new week, stocks on track to hit fresh record highs. Citi kicks off earnings season with better than expected results held by gains and Consumer Lending also in focus, china, slowest Economic Growth in 27 years in q2 gdp at 6. 2 for june, Industrial Production, retail sales, fixed Asset Investment all beat expectations, leading some guys to think maybe the Central Banks work is starting to filter in. I think so. The ....