Start off with a live look outside where it is just beautiful as the sun starts to come up. A live look of San Francisco. Just a very little bit of low cloud hanging out in the bay this morning but not anything in the way of fog. San francisco 53 degrees, oakland about 49 and were at 50 in santa rosa and livermore 55 and san jose about 56. I wanted to mention the crews fire we were talking about, we are having better conditions for Fire Fighters and 90 humidity in gilroy and the wind is 3, 4 Miles Per Hour and that is really good news for them. Gives them a chance to get arms around some containment this morning. Wind is relatively calm all across the bay and we got breezy and gusty yesterday and not expecting things to get quite so gusty today and the marine layer not terribly successful this morning so its just a few low clouds out there and well see more of that tomorrow with a chance of fog and today mild to warm temperatures and itll be a Beautiful Day around the bay. 60s on the c
26,828, also would set a record. Its the first time it would be the First Time Since october of 2018. The tenyear treasury yield falling to its lowest level since 2016 as we see yields globally fall as well. Were awaiting the key june jobs report as well due out on friday morning. Nasdaq only just off its own closing. Dow and s p comfortably in that territory. Josh brown is with us from ritzhold Wealth Management great to be here. Youre always here on these record high days you keep the market going higher they book me far in advance, though, so i cant take any credit what are you watching in terms of the slightly disappointing data does that concern you or not im concerned all the time. We have a saying that only price pays so you can look at everything that you want and knock yourself out, but at the end of the day, if youre looking at price, its impossible to be bearish you cant like what more do you want out of a market s p 500, new highs more importantly, xly, consumer discretiona
Backlog was growing in the Second Quarter thats according to tesla. Thats proof that theres not a demand issue here. Also, the companys guidance has not been lowered the bears counter that by saying, yeah, but they didnt reaffirm guidance. They could have done that yesterday. They did not do that also, there were details regarding these deliveries that were lacking in terms of how many went to china, how many went to europe, a few other details people would like, and they also point out that the margins are likely to be under pressure when the q2 financials come out later this month. Thats why most of the analysts reports, it basically comes down to this, the analysts reports essentially say these are numbers that support the idea that you can lower expectations for the Second Quarter, but fullyear numbers youve got to hang onto whether or not you buy into them being lowered from where they are right now in terms of the loss expected. Phil, thank you joining us now, cofounder and early
Was waiting for letters from the army and wrote that look. What . Didnt anka tell you anything . I only know one maxim. Uncle ksyusha. Igorevich, yes, maxim dmitrovich. Im listening, you know, hello, hello, i would like to ask for a watch, you know, i already took galin, but something happened, yes, my nephew lives with me now, she goes to a Speech Therapy kindergarten, well, thats money, you understand, yes, i understand, but you know, you should have thought earlier in the summer, but now no one will give you their watch, hello, okay, yes, yes. Slobodskaya, sit down. How much, lets figure it out, as a witness, i can be a witness, isnt it too early to give a fidelity dinner, okay, quiche, i have another delicate matter for you, yes, you. Can you collect information on one person for me . Well, dont you want to connect yours . I dont want him to know. Okay, how to dig deep . Deep, deep. Max, im home, hello, hello, and who is it with us, ksyusha, my niece, who will live with us, you don
Venture, arm. Googles Second Quarter earnings topping analysts estimates. Shares are reacting to the news, surging above 8 in afterhours trading. Googles new cfo is addressing investors right now for the very first time on the earnings call, saying the company will take great care regarding resource allocation. Joining me here in the studio adam burke. He is a former google employee. Also, mike do just dudis. Google have been getting killed in mobile advertising specifically by facebook. Are these numbers more reassuring . Adam i think its a situation where the entire pie is growing. I dont know if i would classify google as getting killed. There are still extremely dominant. I think we are seeing a new very compelling option with facebook. Certainly the overall tailwinds to the mobile advertising face space is growing rapidly. Google continues to expand. They dont have the monopolistic type position that they did in desktop search, but they are still a very powerful force. Emily this