Happy tuesday will being to squawk alley. Im jon fortt, Carl Quintanilla and Julia Boorstin the focus is the agenda for tech growth in 2021 markets saw a huge gain in 2020 despite the pandemic and tech names led that surge. Question is, do the growth names have enough performance in the tank to justify these valuations over the next 12 months . Julia, were going to talk to snowflakes ceo Frank Slootman in a little bit. Snowflake certainly in the cloud arena. One of those big valuation, big growth names but across media and content, there are a lot of those plays too. And across the tech space, jon. Just take a look at uber that stock is up more than 2 today. That stock is up about 70 over the past 12 months of course, so many headwinds to the, you know, the car part of that business, driving around people about it when it comes to driving around food, there is a lot more bullishness were talking about uber more with one of our guests later this hour. The question is whether or not the
60s. Mid60ss for san jose. Four to 11 degrees above average for this time of year. You can see on future cast, catching that clearing as we head through the afternoon. Lets check in with gianna. Are there any trouble spots . You know the only thing we are seeing are brake lights as you work into the pass. That is our busiest spot right now. If you are going out of tracy, westbound getting onto 580. The usual stuff there. At least to north flynn. Sluggish conditions. Looks better once you head past that point. If you take 680 either direction traffic is moving at the limit and your travel time in the green. It is still bearable. 28 minutes 205 toward 680. Clear on highway 4. That san jose commute over out of 101 northbound all the way toward the peninsula is clear and 101 in the north bay. Southbound 101 no delays out of santa rosa. Everything is clear into San Francisco. Quiet on the Golden Gate Bridge right now. The live news desk and lets take a live look at capitol hill. The house i
Just below that level, the dow and nasdaq are actually looking pretty strong. It was definitely the nasdaq, though, that was the runaway Market Leader for 2020, as tesla, which is the hottest ipo, one of the hottest stocks out there, excuse me, a lot of hot ipos and the workfromhome stocks really powered the techheavy index but can it keep up that sizzling hot pace for the new year . Thats a big question on a lot of folks minds right now. The nasdaq investment intelligence executive Vice President is going to be here to share her insights on whats going on in particular with that top 100. And what do you do with a Holiday Gift Card from a store that just isnt your taste . Rays has the answer. It will pay you cold hard cash for that unwanted plastic in your pocket. We have the ceo here in a fox business exclusive. Breaking news right now, the senate is gavelling in ahead of its vote to override President Trumps veto of the defense spending bill. First votes are expected to happen in jus
To hit 29 points for the upside to see a new record in s p 23point, right now s p up 15 and the dow was at 35, were watching this closely, the bulls have continued last years marathon runs straight into 2021. But the wall street predictions, byron wing says the correction is coming it is one of his annual top ten surprises, he is about to tell you how big the correction will be and when it is coming. Plus in the wake of the deadly events, byron is here on whether he is changing one of his dramatic predictions, the one that he made on President Trumps postwhite house life. Stay tuned for vibrant, Semiconductor Stocks going wild as a new front opens and the chip wars intel, apple, qualcomm and battling it out for silken supremacy but one man stands in the center of competition. Ceo simon segar we got a box on business, fox business alert. Control debate, continuing at the hour at the capital. Right now we are looking at a toggling between republicans and democrats we have jim jordan cont
Just before sunset in the north bay but for most of us its not until after sunset. Sunny and mild for new years. No issues but for cold mornings and then the rain is coming back this weekend which will start a busy pattern. Live look from the top of the mark shows the low clouds over the city. As far as wednesday morning, its cold, just as cold as tuesday was. Maybe a degree warmer but not enough to make a difference. We are in the low 30s up in the north bay. Its 31 degrees in santa rosa. It is 33 once you get over toward napa. Then everybody else from the city southward, east bay, will all in the low 40s. See what the rest of the forecast in just a few minutes. Good morning. As we take a look at the roadways im getting word from chp that this trouble spot on 80 has now become a Traffic Alert. A vehicle that overturned. This is on westbound 80. Not far from the 37 connector area. Near where you are traveling in to vallejo. We are tracking brake lights as a result. In the meantime unti