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Europes closed. Apple didnt give a forecast and this white house commentary. I would start with the white house commentary the apple stock, even after you knew that there was no guidance, was up rather dramatically when we got word that the United States was going to retaliate against china, that was it it gave up the ghost and accelerated the decline in amazon we did have the greatest month since 1987 so that january month was augmented by tremendous japanese buying in 87. It was artificial. This was a solid rally off the bottom its time to consolidate theres no we have to get used to consolidation meaning a 400point dow instead of a 100point dow. We went down 34 in 25 sessions, up 35 in 27 sessions what does consolidation mean now . It has to do with the idea that we give up some of this last gain. The last gain was a short squeeze in airlines, in travel, leisure. We started believing in marriott up 10. Then yesterday we had a re ....
Today, the initial businesses officers visited told them they were deemed essential, a theme that visited 53 businesses at least this week, issuing warnings. And will keep patrolling the streets, hope everyone complies to prevent officers from enforcing the law. The mayor says when it is all said and done, there will be a program in place to help some of these Small Businesses that struggle through all of this. And also, the chief says that by staying home, people are actually helping save lives. Live in san jose, damian trujillo, nbc bay area news. Thank you, damian. Well, rush hour is also a lot less rush these days, looking like a sunday morning, a live look at the bay bridge toll plaza, vastly different from last week before the shelter at home. As we mentioned, Governor Newsom has banned pass lanes on bay area bridges. Thats to keep tollbooth collectors and drivers fr ....
The a few metric i call ou iphone revenue better than expected at 33. 4 billiondollar. Ive nef due 7 a sequential improvement q 23 down 12 . Mac revenue a bit lighter than but wearables home and accessories better than expected at 6. 5 billion and Services Revenue up 18 . Also better than expected. 12. 5 billion the q 1 forecast, mel, apple a. M. Guiding between 85. 5 and 89. 5 the street at 87 billion one of the metric i call out china revenue down 2 . A sequential improvement in q 3. Down about 4 before i did have the chance to catch you have with tim cook we talked about trends and themes. One the competition in video streaming. Apple tv plus launching friday we now know that hbo max launches at 15. Apple tv plus at 5. I asked cook, is that hard and fast is that going to shift the cook telling me you know 5 is where we start but we will see what the future holds. I dont want to lock oh ourselves into one side or the other. We ....
Bloomberg daybreak europe. Im lizzy burden in london. China leads asian stocks higher while at global bond selloff rolls on, focus shifts to todays u. S. Jobs report. Chinese assets get a boost on expectations of more funding for the private property sector. Pboc vows to step up monetary support. A tale of two tech giants. Amazon shares sore after hours after estimates on ecommerce sales, but apple is down on lower than anticipated iphone sales. Good morning, happy friday. We made it but the global bond market right not. It is set to be the worst week for those treasury since october when the fed hiked twice by 75 basis points. This is as investors digest the news of the upcoming u. S. Debt issuance. Who will swallow this extra supply . If you cannot rely on foreign demand, where do you turn . It has to go somewhere. We get the allimportant u. S. Payrolls data. Will the market extend losses off the back of those numbers . U. S. Equity futures pointing higher. Amazon posting results, an ....
The buildings tops are obscured. At 4 00, much cooler afternoon only in the upper 80s compared to upper 90s yesterday and around the bays a lot of spots are well into the 70s the injury this. Now alexis has traffic. Enjoy the quiet start on the roads. Actually, notice we have a pickup with hazards in a cash lane for the bay bridge toll plaza. Not sure in that is a collision or a disabled vehicle. I will have another look at that in less than ten. The only blocking issue we have is in the fruitvale area of oakland an overnight crash where a driver it several willing. We have Amy Hollyfield on the scene with a report in 30 minutes. Thank you, alexis. That is breaking news in oakland this morning, a look at scene on foothill boulevard, police still are investigating after the suspected drunk driver left a major mess. Police say the woman who is in her 20 itself cars around 11 40 before crashing into a parked car. The debris is scatte ....