Good morning, carl has the morning off. We want to focus on the state of mna in tech. There has been swings and others that were formally the prey have skyrocketed to valuation thats now give them currency to join the hunters. Between tiktoks impending sale, were seeing now in the second half of the year there is plenty of action still to come. Listen to what bob peck told us yesterday on that front. If you go back to march, it was about two billion. So really it ground to a halt. You saw in june, and it has been a tale of two cities a big acceleration and 3 q over 2q so you have seen a ramping here. People are getting more of a feel on valuation, liquidity concerns, their portfolios, s a strategic rationale and more mna continuing to take place through the rest of the year tiktok is the most talked about target President Trump saying he will not extend the deadline. Oracle is on the hunt to buy it, they didnt talk about it at all on last nights earnings call. We have more on what all
It is believed that well have to sanitize schools down everyday. The big take away here, the combination is going to be up to each School District to decide here. Class sizes will also likely be smaller because students will need to be seated sixfeet apart from other classmates. A major announcement from the president of the University California system, all ten campuses will open this fall. Whats not clear is how much class work will be inperson and how much will be online. It will be a combination perhaps. It is a big contrast to cal state, csu system, its fall classes will be conducted only online. Napa county welcomes dinein restaurants today. The socalled expanded phase two reopening. Now restaurants are back opened, are people going . Jackie ward is joining us. Reporter people sitting outside and inside bay area restaurants eating a fresh meal or enjoying a glass of wine. This part of phase two is already proven delicious. Reporter today is about celebrating what used to be the n
Modeling, were looking at about 27,000 icu beds that well need to procure in the state. Reporter that has bay area doctors like ron planning for the worst. What do we do . As long as we can get them, and were really talking about, what decisions well hopefully never have to make. Just to be clear, we are nowhere near that right now, but think when you look at the experience in other countries, it would be fool inventory say were never going to get there. Reporter the governor wants to recruit retired di students. As of today, 34,000 people have applied to join the battle against the virus. Its the first of the month, which means that rent is due, and many were concerned about how theyre going to pay. The governorlocal cities artaking help, but the rules vary. Reporter on this april 1st, rents across the country, state and bay area many are out of work or sheltering in place. Like tara thomas of oakland, a florist. Its starting to get really terrifying, actually. I work in events, and s
Are moving slowly. Were down 1. 5 on the s p with one, two, three four sectors down more than 3 as we stand. Coming up on todays show, a rare and exclusive interview with the apollo manager and ceo, leon black well get his tack on this volatile market. Plus the big push with air mark to support new York Health Care workers. Well also speak with germanys minister of health as that country grapples with when and how to reopen its economy. A a better performer in a relative sense with handling the virus to come European Countries and coup tris. Lets focus on the big stories bob is tracking the sell off meg has new details on the rush to find a treatment for the virus. Phil is watching the airlines. Brian sullivan covering the historic opec deal its lack of impact on oil prices so far bob. And a great rally of last week, 12 on the s p fizzled a little today, but no surprise. Let me just show you today so banks were going to get earnings tomorrow. No surprise ch banks usually wilt a little
Lockdown, it remains particularly emotional for families with older relatives in isolation. More than 400 u. S. Facilities now have residents infected with the virus. And texas remains one of the biggest states to not yet impose a statewide stay at home order. Why dont i start with the number 794. That is the number im most focused on. The number of people in icu and the number of people hospitalized in the state of california. Those numbers represent our most urgent need in terms of keeping people alive and keeping people healthy and safe in the state of california. It is incumbent that we prepare for a surge in the number of hospitalizations and the number of icu patients. That 774 may be deceiving. Many of you may think, that sounds relatively modest what is happening in other parts of this country. And that may be true. But its incredibly important to impress upon you that, that number represents a quadrupling compared to where we were just six days ago. The number of people hospit