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Movers today small caps again today as they were all week. Transportation stocks Like Airlines as they have been all week bank stocks, industrial stock, energy stocks. All the market leaders this week as well as today whats lower today the peleton, zoom. Slack is down big today. Thats down about 13 . Big cap cyclical stocks. It was all about the reopening story. Stock of the week, boeing, thats not a typo. Up 43 jpmorgan a lot of bank stocks up double digits caterpillar is up double digits overall. Perfect for the reopening story. Remember the three buckets. The big problem we have got, stocks are pricey. We need to see earnings estimates start going up thats what were not seeing so far. Thats wa hat we hope to see in the next month or two. Now to the bond market where the tenyear is surging back to gas. Rick is tracking the action this afternoon. Rick its amazing. 92 basis points. Were up ten basis points on today. Were up close t ....
33. 5 million filed in the last seven weeks. I want to dig deeper into these results, uber inching closer to a profit despite these bad profits. I want to bring in taylor riggs. Lets dig in. Shares spiking after hours despite not good results when it comes to ridehailing. The business boosted by uber eats. You gotwhat is key is the ceo said rides are rebounding in places like georgia and texas where sheltering in place rules have been eased. Recoveryaid he sees and this was the news i was waiting for, the cfo has said he does see profitability in 2021. Lyft had been aiming for those targets. All the notes said as it comes to lyft, they were not going to be looking at profitability until the first half of 2022. To get guidance about maintaining that target in 2021 is very key. That is when you saw the stock reverse from what was a 3 drop to what is an 8 gain. Let me walk you through some of the numbers emily go ahead. I wanted to mention the business also getting leaner as a result of s ....
Only given consideration to more recently because of the phenomena. Well end up meeting the ceo a couple of months or whatever after we have made an investment it puts greater burden on us for Due Diligence and for the backgrounds of the people who are involved and the experience. Its probably going to end up with some good results actually. Thats interesting. Weve had some discussions on air about the degree to which lack of persontoperson meetings means can you close on a house, can you close on a transaction, but youre saying its not necessarily a deal killer it definitely is not. I think that will be for early stage companies. The Later Stage Companies where theres more substance involved and theyve been around longer is a bigger problem. Were in the early stage, a round, b round, period i think well have less of a concern about that we also obviously are focused a ....
Announcer from ktvu fox 2 news, this is mornings on 2. And good morning to you. It is monday january 20th, im Claudine Wong in for gasia today. Good to see you. Im dave clark. Good morning. Steve paulson is here with the details. You didnt tell me claudine was here. We have a ton of cloud cover. Some of that fog, makes it really cold for some. Upper 40s, that will be it on the high temps. Maybe a little break this afternoon. The coast will be in the upper 50s to near 60, but there is too much cloud cover over us right now. You cant burn that fog off and that easterly component brings the fog. Its a low cloud deck, but it makes visibility okay, but it keeps temperatures really cold, upper 40s for some. Antioch, vallejo, over by the coast already in the upper 40s for some. This system will push the cloud cover out of the way, early this afternoon, but this system will give us some light rain tomorrow. 50s on the temps or upper 40s fo ....
Articles to the senate. How did vestors react to this dire political theater . By moving to new heights in the house of representatives in the midst of it all, also passed President Trumps usmca, the new trade agreement with canada and mexico. 1. 3 trillion worth. In the midst of the political turmoil, the radical dimms turmoil for three years, President Trump delivered one of his campaign promise. To balance and make reciprocal u. S. Trade. And with nancy pelosi refusing to deliver the articles of impeachment to the senate, there wont be any action until early january. The republicans are now winning because of pelosis outright default. Our next guest has been a key actor . Negotiations and his other duties as secretary of the department of treasury. Joining us is treasury secretary steven mnuchin. Great to have you with us. Congratulations on the extending package. Second ....