thanks for joining us on kron. 4 news at noon. i m noelle bellow. it is election day here in california in kron 4 is your local election headquarters. the polls are open and voting is under way on this primary election day. several key positions are at stake today here in the bay area. no race is getting as much attention as the push to recall san francisco district attorney chase abboud iin kron four s. sarah stinson has more on those efforts. and the last minute plea from to dean to stay in office. well, here in the castro district where chesa boudin district attorney of san francisco is out talking with last minute voters playing with them to vote no on this recall. thank to fight to make city safer and we see the energy on the streets that explosive folks are going to the polls today and we might not see their votes until the tally tomorrow, but i m feeling very confident we do is known as a progressive district attorney elected in 2019 on a platform of reducing incar
following yesterday s rout john ferroli and dan sculley join us. happy friday to you both a lot of debate this morning about the jobs number, and the degree to which it tilts the macro debate what s your take it s more of the same, which is strong job growth, low unemployment, but disappointing wage numbers which is the story we ve seen a bunch of times over the last year or two i don t think this does much to resolve the debate growth looks good. the question is where inflation is going the wage numbers don t scream out that there s a whole lot of inflation worries for the nrt near-term. dan, do you agree how long can that dynamic last i would say we had solid news in particular in the manufacturing jobs sector this morning. we may continue to see that as we get infrastructure announcements into january potentially some changes in capex trends as we have fiscal tax reform and tax changes the broader takeaway for our team is that we re seeing a rate of change inflection
and jon fortt making his way back from out west. you know why we cued the billy joel at the top, shares of twitter had their dose of honesty. extending their losses, revenue up 61% in the quarter. executives voiced concerns about user growth. here is jack dorsey the interim ceo on last night s conference call. chronic initiatives we mentioned in previous earnings calls like instant timelines and log dot experiences have not yet had meaningful impact on growing our audience or participation. this sun acceptable and we re not happy about it. joining us this morning from one market in san francisco, colin sebastian. good morning. good morning. people are noting the clash between last night s call and the media rounds they did in the prior quarter where they were enthusiastic about the game plan and about the product. why the u-turn? on one hand twitter is, there s a tale of to sides of twitter. on one hand, adam bain s team, on the revenue site of the business is perfo
not bust through 2.5. in fact the yields have settled back just a touch. our road map begins with markets continuing that rally as retain sales show a more confident consumer. does it change the calculus for a rate hike from the fed? lululemon stock sinks, but is it good news for the stock? they did it. nike to become the official on-court uniform provider for the nash. first, though as expected retail sales rose by 1.2. april and march sales figures were revised higher, and futures on the rise helped by the hopes that greece may be closer to reaching a deal with their creditors. it is about the retail sales today. 11 of 13 categories up march revised up. there s been some notes this morning that may q1 gdp is revised up. especially with the growth you saw in the core numbers. we knew autos were strong. we saw car sales last month, best in years. we knew gasoline was strong because oil prices were up. but you also saw strength in places like furniture stores and retai
today. it seems a guy quietly, but here we are at these record levels. the dow and the s&p are there. the nasdaq is the outperform her, but it is not at a record. it does not take much for the dollar and the s&p to get to record status. today, tack is driving the indices. you can see that the nasdaq outperformance today, and also by the fact the s&p information technology index is at its highest in about 15, 16 years. microsoft is helping lead the gains thereafter earnings beat estimates on the strength of its cloud business. the company, like many legacy tech firms, has been trying to migrate in that direction. cisco s chain at its highest and him us a decade, and facebook is also trading higher and at a record as well today. a lot of records to go around. it is not just limited to, sort of, software and social media. we are seeing gains in chipmakers as well. intel reports after the close of trading. mermel technology reported after the close yesterday and beat estimates. m