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Outside. Them widespread rainfall moves in for early next week. We are looking at sunshine this afternoon after all of that rainfall with our atmospheric river. Just to show you the dry conditions. A beautiful view. You can see that snowfall out there over Mount Hamilton and some blue skies as well. Over san francisco. You can see that sunshine. As we head through the day, we are looking at some sunshine. High temperatures in the low to mid 50s. We did pick up a lot of rainfall with this atmospheric river. The santa cruz mountains. About 2 1 2. Up to 3 1 2 inches of rainfall. Tracking our next weather system. I will let you know when we can expect to see this where you live coming up. Monitoring a couple of big news conferences. First lets go live down to san jose right now where it is a couple of unfortunate milestones. They just surpassed 100,000 cases of the coronavirus. Is mall is the first cases. Right now, santa cruz officia ....
Highs. Coming up a busy news day, and a series of big interviews as well. The ceo of gap, jonah snngal, her first interview since taking the job in march talking about the post covid lavin escape and the partnership with kanye west. Plus we have patrick frisk with his partnership with steph curry. We will discuss the fierce competent anything footwear. And salesforces deal to buy slack is expected to be announced today after the bell we should get those details. And sales details also out after the close. Looking forward to that. Slack up a little bit today. Lets get to the Market Action mike santoli is tracking it. As stocks moving higher but off the highs of the session. For three weeks they have been mostly sideways around the recent highs right now we are a little less than 1 above the intraday high from november 9th. Est that was the day the election was called. Then you had the vaccine from pfizer that was right in here intra ....
Nasdaq lost 1. 65 . The reality is it depends, there are thousands of stocks for earnings still matter and matter a lot. There are a handful of highprofile names where they dont seem to mean a thing i have a list of the most i impervious ones. These are seven companies where buyers dont care how the Underlying Companies are doing they just want to own the stock. In each case the thesis so powerful that it overwhelms any mundane. What matters is everyday seems like a buying opportunity where the stock is up or down. The first magnificent seven, netflix. I saw a story today how new york is opening up theaters today 50 per showing who wants that why not stayathome and watch netfl netflix. No one is going to go to the movies around the world which means netflix must be true regardless of what the company says on its report when it reports and reports tomorrow, i want you to wait until it reports if the stock goes down after it r ....
The venture never really fit his original parameters with oracle, but coming up, why did President Trump ever get involved in banning tiktok in the first place . What gave him the idea . Is it something he may live to regret . We have breaking news on that, and coming up, we have the lawyer who has argued before the committee on Foreign Investment in the u. S. For many both the domestic and foreign clients on whether oracle has the chance to save tiktok by sunday night. Another superstar unicorn coming into the Public Markets the Video Game DevelopmentSoftware Company unity shooting higher on its New York Stock Exchange debut. The ....