Rder. E pyer wil oer by the gue mullins, Christ Fellowship church, palm beach gardens, florida. The chaplain let us pray. Heavenly father, thank you for hearing our prayers today. Were humble that today as we call out to you you listen to us. We ask that you bless the they s of congress as lead our great nation. Grant them wisdom for the decisions they face and may we remain dependent upon you. Never forgetting they lead our great saum 33 12 that says blessed is the nation whose god is the lord. We pray for those in texas and florida and puerto rico and the caribbean recovering from the devastating hurricanes. Give them peace and courage as they rebuilt their lives. Bless the First Responders and those serving the people impacted by these storms. Grant them their strength for your assign. And guide our president. Give him clear vision to steer our nation during these troubled days and grant strength to the members of this house as they represent the people across our land. We ask this
Good thursday morning. Welcome to squawk alley. Joining us this morning from one market in San Francisco is the former ceo of twitter. Currently the siceo of fitness startup core startup chorus. Good morning. Well talk markets. Im a one word person this morning. Yeah. This is going to be a very long interview, i can tell. Lets begin with the markets dow is down 22 despite the early trade. Tech remains on a terror the nasdaq aiming for ten Straight Days of gains, touching another all time high today. S p 500 index broke the nearly two decade old record closing above the dotcom bubble you have to go back to march 27th of 20000, dick. I know you had attention on valuations within specific sectors of tech. What is your take on these levels are they important i think the interesting things that happening in tech right now is in Public Sector is that youve got this real separation that the hyper Scale Companies, facebook, amazon, apple, google, are getting from everybody else if you juxtapos
Solar eclipse, communities along the path of cashing in. But we begin this morning with a look at todays eye opener, your world in 90 seconds. The president has been clear on this tragedy and so have i. I stand with the president. The president disbands his to Business Advisory council. Theyve all decided to pack it in. Thats a black eye for the white house. No other way to put it. These ceos can do what the leading members of the Republican Party have not been able do, which is to say we denounce you and were out. Ut. You tell me what he needs to say so we can move beyond this. Im not going to speak for the president. I speak for myself. Ive denounced it. The president has done a good job of speaking for himself. Hes denounced bigotry, hatred, violence. A memorial was held for the woman who was killed in saturdays violence. They tried to kill my child to shut her up. Guess what. You just magnified her. A desperate search under way for the crew aboard an army chop theyre crashed off th
It work this way say investigators. Mitchell made sure Logan Technology and willard got nearly 1 million in upland security and surveillance equipment contracts from 2009 to 2015. Willard would allegedly kickback to councilman mitchell tone 15 of the deal on highly inflated prices. Some of the proceeds were moved in cash says the da to mitchell from a Check Cashing outlet. At least on one occasion he specifically remembers delivering delivering 5,000 envelope in cash to the house of ed mitchell upland borough. Reporter da alleges mitchell had secret audio and video recording Equipment Installed in borrow Hall Council Chambers in an office and he made tapes investigators were tipped when uplands mayor found the camera system back in march. And then there were dash cams for the police cars upland was billed not once but twice. 30 grand for those cameras. Its determined that these dash cams never arrived and mitchell instructs logan to report them as missing. Reporter thats what he d he a
Of billions of dollars from Health Care Stocks to techs and industrials and then bolted from the market altogether when news came out that the fbi is probing some newly found Hillary Clinton emails. Then after further review, the money flowed right back, but only dau closing down just eight points. Nasdaq dipping 0. 50 . What the heck is going on here . I dont know what will happen with fbi director james comeys reviewing of new emails related to Hillary Clintons personal server. But i do know this. I do know that this market seems to want some certainty or it wouldnt have plunged so hard midday when the news came out. Beyond that im leaving the politics to the pundits. Heres what i do know. The overall performance of the average today obscured one of the most vicious rotations i have ever seen in my career. Health care stocks, which had been under pressure throughout the Campaign Season bled from the eyeballs today thanks to a couple of monster shortfalls in the Health Care Cost conta