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Down about 118 points, nasdaq opening down about 117 points. S p 500 off by 16 points right now. Take a look at treasury yields. The 10year at. 93. The 2year at 2. 863. And crypto prices. Weve been talking about crypto quite a bit these days. Up about 4 this morning. Its crazy. And take a look at ether etf. Thats surging too meantime apple is canceling its electric vehicle product. That thats accordinging to those that know. Many employees will be shifted to the Artificial Intelligence division. Apples ceo apple and ceo tim cook have never acknowledged the electric car publicly but referred to working on e autonomous systems. Theyve never been open about this but are now scrapping it. People are looking at it as a major failure. I dont look at it that way. I think what was happening is there was an internal battle inside apple whether to even go this route and i think tim cook was always on the fence. You mean a failure f ....
Wednesday, may 15th. And look whos back. Its kumasi eric, my friends, i missed you. Were happy to have you. Definitely missed you. Yeah. Thank you, thank you. Start with a check of our forecast. Yeah. So were out there this morning. Well find that cloud cover overhead. Heres a live look from the exploratorium camera. Another cloudy morning will lead to a bright afternoon and slightly warmer temperatures compared to yesterday. Right now, well go outside. Well find most areas this morning are starting out in the low to mid 50s. So look at the forecast region by region. Pretty similar to yesterday with a lot of cloud cover along the coast. This morning. Well get a little bit of afternoon sunshine into the 50s. We go. But that fog is pretty persistent throughout. Much of the evening. Hours will turn to the bay shoreline. We start the day with cloud cover. We get that midday afternoon sunshine breaking out upper 60s to the lower 70s for daytime highs, and then well have the cloud cover roll ....
And openais chief scientist who played a key will in the sam altmans ouster is departing, we will discuss that and much more. But first, lets check in on the markets. There is a macro playbook and it is a quarterly cpi print being digested by the marketer that has sent stocks to record highs. Record highs on global stocks, the s p, the stoxx 600 in europe also getting a lift because people start to factor in that maybe well get rate cuts from the federal reserve. That 10year yield down seven basis. We move on because the dollar is down. That means crypto is higher. A riskon feel to todays trade. Almost 5 up on bitcoin. Google and alphabet shares are higher a second day. We will go later to our reporter who was on the ground. New aibacked search, new iterations of the models. Clearly investors like that. We will unpack new technologies. Other things we are watching, the movers to the downside and the megacaps that are a drag on the nasdaq 100, amazon and tesla. Amazon is lower for a sec ....
Headlines coming out of disney upfront comedy, music, drama. We have it all covered. Good morning. Welcome to wednesday, may 15th. Yes. Were going to start check of our forecast with drew. Yes. Happy to have you sitting next to me again. Thank you friend i miss you back. Heres a live look outside our east bay hills camera showing you that sun is up here. We do have our morning stratus clouds with us, so we begin the day with overcast skies and numerous cities. The lone exception inland. We do have mainly clear skies, so well take a look at temperatures. Right now we are running a few degrees warmer compared to this time yesterday, so you can see from livermore to Half Moon Bay to fremont, were starting out in the 50s. Its a similar story in the north bay as well. The lone exception parts of lake county quite warm right now, clearly coming in with a temperature of 67 degrees. Well break the forecast down by regions today along the c ....
Norman, bad news. I never graduated from med school. What . But the good news is. Xfinity mobile just got even better now, you can automatically connect to wifi speeds up to a gig on the go. Plus, buy one unlimited line and get one free for a year. I gotta get this deal. Thats like 20 a month per unlimited line. I dont want to miss that. Thats amazing doc. Mobile savings are calling. Visit xfinitymobile. Com to learn more. Doc . Charging cable cut. We hear from the bay area man who is now going viral on tiktok. Google gets ready to fire back in the ai arms race. The i o conference kicks off for Mountain View tomorrow, but could a planned protest shut down its flagship event before it even begins . A top local Womens Water Polo Team told to pack it up. They say the reason now has them swimming in circles. Always live. Abc seven news starts right now. We begin tonight wi ....