Taco tuesday. Look, im here for that, too. We can combine them, terrific taco tuesday. All right, well check the commute with mike in just a moment. Kari, how are we looking weatherwise . A cold one again . Yeah, its cold and its foggy, so were seeing the combination of two things well have to deal with heading out the door this morning. This is a live look outside in san jose and for the most part weve seen the visibility looking a little bit better near the ground level in the south bay but higher up weve seen some of those low clouds rolling by. We will see this clearing out for a mild day and theres still dry weather in the forecast, so well talk about that coming up. Mike, how is it looking as a lot of people deal with the foggy conditions for the commute . Well, kari, chp has two Traffic Alerts going on right now and one is near a foggy area over my shoulder. You see the yellow highlighting. Ive circled 121 which is closed for a crash up there in sonoma. No mention of fog in that
We start with an Epic Battle Raging On Wall Street that has seen small time Amateur Investors take on the titans of the hedge fund industry. Its all centred around this company the struggling us computer Game Retailer gamestop. It shares have soared at much as 1700 after a group of private investors used online forums to drive up their price. And that has raised serious questions about how Financial Markets operate in the era of social media, as paul hawkins reports. This is a story of david versus goliath, of the amateur online investor beating the Big Traditional Wall Street traders. At the centre of it, gamestop, a struggling American Retailer Selling dvds and video games. A number of the Wall Street Traders picked up on its problems and bet money that its share price would fall, known in the business as shorting a stock. Only for this particular stock, Amateur Investors swapping tips on the social media site reddit saw it as an opportunity. They bought shares, which actually drove
Do you dunk the entire covid cohort or stick with it on a dow when the rose 183 and the nasdaq gained 1. 8 the reaction to zoom Video Communications after it reported a good quarter that wasnt quite good enough for wall street. This company practically sin none mouse with the new normal and look ban on 2020 as the year of zoom so when you see it down 15 its alarming. You got to wonder what that means for the rest of the stayathome stocks. The answer, nothing. Just because zooms insanely high growth is decelerating that doesnt mean the trend is over in fact, id argue it never had gone away because this year has shown us millions of jobs can be done better from home. No need for that central office. Why go to meetings to negotiate or sign documents when you do everything over the web and save millions, maybe ten, maybe hundreds of millions in travel, hotel, dinners, zoom, i mean thats how the 39 billion s p global ihs market deal was consummated as we heard from Doug Pederson on mad mone
Unemployed virus spiking and vaccine is not coming soon enough this warp speed is too slow. As wall street sees it, worse news is better for a stimulus bill the nasdaq has been lagging. 70. Yet, we saw buying in many of the stocks really would benefit. B caterpillar hitting an all time high if you want to be in those, it is chevron or pioneer. The seven conductor stock, they just roar. The opening of america play. Will we get a stimulus bill . It is a Perfect Place to start a game plan next week. I fear that we are going to get hammered when we come in on monday lets be clear the Labor Department reported this morning 8 30 was a disappointment not a surprise if you are paying attention to the spike and covid infections of the death toll whatever reasons these kinds of number dont seem to be impacted by common sense. You have to believe a good chunk of the economy is going to get shutdown it is not the government, people it is going to be shutdown by fearful individuals who dont want to
Good afternoon. Welcome to the december 1 meeting of the board of supervisors. This will be one of the three meetings in december. And the third to the last, i believe, that i will be on. So madam clerk, please call the roll. [roll call] supervisor safai, were you able to join us . Mr. President , you have a quorum. Supervisor yee thank you. Please place your right hand over your heart. Will you please join me in reciteling the pledge of allegiance. I pledge allegiance to flag of the United States of america and to the republic for which it stands one nation indivisible with liberty and justice for all. Thank you. On behalf of the board, i would like to acknowledge the staff at sfgtv who record each of our meetings and make the transcripts available to the public online. Madam clerk, are there any communications . Clerk yes, mr. President. The Meeting Minutes will reflect that Board Members participated in this proceeding remotely through Video Conference to the same extent as though p