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And President Trump wants federal agencies to work with social Media Companies to stamp out hate. But first, uber shares continue to fall after sales miss and a 5. 2 billion dollar loss in the second quarter. Much is due to the ipo in may. Cooper is trying to reassure investors, saying losses will come down over the next two years. Why such a dramatic reaction . Eric i think the stock reaction had to do with the revenue mix. If you are going to lose that much money, you have to keep growing. A 5 billion plus net loss is huge. That has to do with the stock tied to the ipo, but uber loses money regularly, although it did beat expectations. Emily are investors generally buying that this is a once in a lifetime of a company fix . Eric that narrative is challenged. I think if they were holy buying that, we would see uber above its ipo price. Analyst remain optimistic about uber. ....
Him. Going to make america safer. If the first pick in the 2024 nfl draft. Good morning. Welcome to sunday today on april 28th. The scene of definite station in sulfur, oklahoma. A powerful tornado ripped through and all but leveling the downtown area and one of dozens tornadoes part of a Severe Weather outbreak all weekend impacting millions of you in the midwest and plain states. We will have the latest in a live report from oklahoma just ahead. Plus, our sunday focus on the protests over the war in gaza broiling College Campuses this week. How are schools finding the balance between free speech and outright hate . We turn to our sunday spotlight. On americas cobbler who has become later a global star than tiktok. Time at the range with basketball icon steph curry who just finished his 15th nba season on his future in the game, and a style that has revolutionized it. Do y ....
And weve seen that from people like Elizabeth Warren and we see that in protests like occupy wall street ecl rage in some places but not always from the Business Community sometimes it is the letters of support would that this was wrong but Everything Else is so extraordinary. Is this pretty remarkable so to see in those individuals that it makes sense in a different and context but if you were in the position of privilege presumably if you havent figured out how to donate the money then you are not a great person which is very different than if they dont have that privilege you dont get to have that letter of support buy you have changed these communities. So the question is wonder do need to have that outrage coming from the people . But that is a cultural shift. So to that standpoint that they see those same ki ....
Lets bring in michael ye and another health care analyst. Michael, first you to. Given the deals that we have seen, not just today but in the past, why do you believe a biomarine or vertex may be takeout targets down the line . Two reasons. One is if you looked at biotech valuations, theyre down 35 off the top in the last 6 to 8 months on political rhetoric that we talked about. So asset prices have come down and become a lot more attractive. The second point is that theres no change to the fact that Big Companies need commercial products and they need pipeline. Thats exactly what youre seeing. And what will those companies have that make them attractive you to or to potentially bottom . Les, we can hear you. Well get to you in a second. What makes them potential buyout candidates . Both vertex and biomerine have real revenue. Theyre out there right now plus pipelines. You get both of those with that. And so both of these companies ....
Charles osgood this is sunday morning, good to be back with you. With seven months to go campaign 2016 is really only just getting started. We already have seen personality clashes aplenty. Not just among the candidates but also between republican front runner donald trump and a noted Television Journalist megyn kelly. Shell be talking with carly rose far our sunday morning cover story. You have called women you dont like fat pigs, dogs, slobs and disgusting animals. Make en8 00ly of fox news didnt pull any punches when she confronted donald trump at the first Republican Debate. Nor is trump exactly holding back about her. I dont like her. She doesnt treat me fairly. After all the harsh words, would kelly ever welcome trump on to her show . Absolutely. It does not require an apology from him . Later on sunday morning, megyn kelly on life, the news and donald trump. ....