Joining us on the phone. You there . Thanks to having me. Welcome to the show. Why the down bragrade . You make a different call today. Why . A year ago we dramatically raised expectations and thought the company was prime to blow past consensus expectations. You know, wall street Investor Expectations and thought with that meaningful beat to expectations even though the stock had been great it would continue to trade higher. The stock exceeded our price target. Consensus expectation, street expectations, are much higher. Actually above where we are. Weve made minor adjustments. Expectations is the issue. People are expecting facebook to keep crushing quarter after quarter. Were wored about this company 300 billion in market cap, thats getting harder to do with where expectations are set. Were taking a breather. This is still not an expensive stock. Still a great company, but i think expectations may have gotten a little ahead of themselves mplgtsahead of itself. How much larger, other
6 00 p. M. Local time in germany. Police have confirmed three dead. So police confirming three dead. Reports as many 15 dead. Sky newses our partners in london, ashley, are saying that theres report of second shooting. Theyve got eyewitnesses saying that theres a second shoot target marion plat stations, you have two different locations in munich. The train stags and Shopping Mall as well. Its a large mall in munich. It has two levels, 135 stores. The police were talking to news agency in germany saying they do expect multiple dead out of this incident. The response was quick. Youve got counterterrorism officials from munich already on the ground. German police as well but they are hunting for a suspect or multiple suspects that they have not yet located. So as of now, no suspect has been captured. They dont know who. How many people they are looking for. They are also telling any one in the vicinity in munich, take cover, get out of the streets. They are telling people to get off of t
I want to tell you, that was unity. I saw you last night. [cheers and applause] that was unity. Charles in the middle of his victory speech in talking about unity donald trump took some time to finally address senator ted cruz in his nonendorsement. I dont want his endorsement. If he gives it i will not accept, just so you understand. I will not accept it. It wont matter. Honestly, he should have done it because nobody cares and he would have been in better shape in four years from now. I dont see him winning anyway. Charles a very busy two hours coming for you. The Bush Campaign mark serrano. Mark, a lot of excitement and enthusiasm from the convention, you know, im not 100 sure i agree that it was completely unified. Donald trump himself bringing up ted cruz today. Yeah, charles, i literally just got back in from cleveland and it was really a remarkable atmosphere specially last night. Hes right about that in many ways. And, you know, ironically ted cruz did more to unit the Republic
Leslie . Here in berkeley and in Shopping Centers around the area, theyre places where people gather and there is very little security, making it easy for someone with a gun, or a weapon to pull up and take aim. Seems the focus is shifted from trying to take down an airliner or get into a nuclear plant. Its now going to where crowds gather. Congressman swalwell ist on the House Intelligence Committee and says crowded Public Places are on the hit list for coordinated and lone wolf terrorist attacks, especially in europe. You have someone sympathetic to the cause. Thick leave europe, get skills, and back back with a greater ynu then, they have multiple cities where they can take out people in an iconic american chain restaurant. It makes people apprehensive but it doesnt scare me personally. I thinkcc odds of being a vic are low. Shoppers expressed shock and sympathy. My heart goes out to those who have been harmed. cko thisc man worries about terrorism. w. B. Qu3 hearts, herecjf ar
Mild day at the beaches this afternoon. Warm, 64 degrees there to near 100 inland and ill let you know the changes in the accuweather forecast coming up. Frances, thank you. The democratic ticket is set, Hillary Clinton has selected tim kaine to be her running mate. She made the announcement yesterday. Alyssa has reaction from bay area democrats and republicans. Reporter a tweet and fist bump confirmed Hillary Clintons pick for her Vice President ial running mate, tim kaine from the battleground state of virginia, a man clinton says devoted his life to fighting for others. I think its a real good choice. This is a man of substance, this is a really good person. Reporter George Miller who was a long time member of congress met kaine two years ago and described him as confident and grounded with a deep sense of humanity. He earned the respect of people in the senate. Hes negotiated some tough issues back and forth. Reporter the former chairman the california gop called clintons pick pred