Downgrade. Apple and amazon set to report after the bell tonight. Speaking of earnings, were going to talk to shopifys president this hour on the companys latest quarter after topping some estimates but lets begin with tech as we look ahead to apple and amazon tonight the nasdaq, as we said, worst daily performance since february, jim. Are we going to use qualcomm as a read for tonight no, qualcomm is just pa theting i. I was disgusted with that quarter. Im so tired of their hype im sorry. I have a negative attitude about them im positive about other things. I mean, at the start, once again, they do this thing, its great, its great, its great. And then you get to actually, but you know what, its bad, and its weak. Its great, its great, well, its bad, its weak, and this is post auto and handset inventory buildup and, no, im making the samsung story, the solutions to apple. But no it is not a tell now, you could say, well, look, maybe apple is coming in too hot. I think theres a theres t
Doing it but our analyst says dont hes going to talk about how much he sees ahead and why he insists the competition cant catch up before that lets start with todays markets and dom chu always has our numbers kelly, markets have turned mixed in midday trading after starting off the day with some fractional gains the dow is a very modest 76 points. Thats about. 2 gain. The s p 500 is down roughly 6 to 7 points 1 10 of 1 loss there. The nasdaq underperforming that tech heavier index pulls back by just about 1 3 of 1 16,280 for the composite index a lot of individual stocks on the move today and im sure well be talking much more about all of them throughout the course of the afternoon. But here are some of the midday mover highlights starting with the absolute plunge in shopify, down nearly 20 right now pape fifth of its value gone after the ecommerce Platform Company for merchants reported actually better Quarterly Results but gave whats being viewed as a more disappointing Current Quart
Right at 11 00, some breaking news in the east bay. A scary sight at lake merritt this evening. This video just in to the newsroom. Thats a fire at the rotary Nature Center in oakland. You can see the flames just leaping out of that building. Firefighters say it started just before 7 30. But luckily, it was under control in 15 minutes. Firefighters are still trying to figure out exactly what started it. Good evening, everyone. Our other top story tonight, taking the target off its back. A stunning announcement from retail giant target. Sick of rampant store crime, the company is closing three Bay Area Stores in just a matter of weeks. One in San Francisco, another in oakland, and the target in pittsburg, which is in Contra Costa Co tonight were hearing from the mayor of pittsburg, who says this is a huge loss for that city. Nbc bay areas pete serateos has more. I didnt think it was that bad that it has to be closed. There was safety concerns. Reporter yeneli martinez is one of many sho
Right at 11 00, some breaking news in the east bay. A scary sight at lake merritt this evening. This video just in to the newsroom. Thats a fire at the rotary Nature Center in oakland. You can see the flames just leaping out of that building. Firefighters say it started just before 7 30. But luckily, it was under control in 15 minutes. Firefighters are still trying to figure out exactly what started it. Good evening, everyone. Our other top story tonight, taking the target off its back. A stunning announcement from retail giant target. Sick of rampant store crime, the company is closing three Bay Area Stores in just a matter of weeks. One in San Francisco, another in oakland, and the target pittsburg, which is in contra costa county. Tonight were hearing from the mayor of pittsburg, who says this is a huge loss for that city. Nbc bay areas pete serateos has more. I didnt think it was that bad that it has to be closed. There was safety concerns. Reporter yeneli martinez is one of many s