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Claims came in better than expected, 709,000 signaling more improvement in the labor market. And treasury yields dropping sharply following yesterdays bond market closure. Thats putting pressure on banks, which are among todays worst performers though still strong performers for the week 59 minutes left in the session, sara every sector firmly in the red. Ahead on todays show, chipotle unveiling its first ever digital only restaurant this week without a dining room or a line for ordering we will speak with the ceo brian noccol about the strategy there. And Jeremy Grantham said he thought the market was a mccoy bubble we will get an update on his that it is since those comments. Disney, pal an tear and cisco reporting after the bell we will bring you the numbers as they happen. Mike, whats the market dealing with. Contending with worries pileup of news on the shutdown, on the virus, maybe getting worried about what growth is going ....
Apple beat on the bottom and top. Iphone revenue, the street was looking for closer to 29 million. And mac and ipad beating expectations i talked with ceo cook about that the decision not to offer a q1 forecast saying the pandemic is causing too much uncertainty right now. Saying naturally naturally, iphone, saying they are not seeing the benefit of sales like last year telling us we have a number of tail winds we launched four new models. 5g is a onceinalifetime opportunity. We have a large and loyal base to sell into and in the United States there are aggressive carrier promotions initial data points, cook said, are quite good he talked to us about the stores the vast majority of 500 stores are open, but in different ways. Some as usual, some by appointment only cook said the call is just starting now. I will bring the headlines as they come. Thanks, josh. Guy, no guidance for what should be its strongest quarter of the year what ....
Im told me a lot of book welcome to the program we begin in the United States where with less than 2 weeks to go until election day President Donald Trump and his democratic rival joe biden are set to face off in their 2nd and final president ial debate biden have both arrived in nashville tennessee where the stage is set for their spying much now one new rule of engagement for this evening microphones will be muted when a candidate is not supposed to speak thats after a chaotic 1st debate last month. Now both men will face questions on 6 topics these are fighting covert 19 American Families race in america Climate ChangeNational Security and leadership with election day now only 12 days away this ....
Right now, on kpix 5 and streaming on cbsn bay area, we are looking live from our Treasure Island camera out at the city of San Francisco. Good morning, it is tuesday, september 15th. I am michelle griego. I am len keise. Glad to have you with us. Lets get to the forecast. Another smoky day with mary but we will see a little relief . That is right, just a little bit and this is the start of that improving air quality. It has been a slow start but for sure it isgoing to be e d o woek, especially compared to what we have been dealing with. We are starting off our day with smoky skies and unhealthy air quality and we have another spare the air alert for the bay area going a record 29 days in a row with that alert for the bay area and with that unhealthy air. I think it will get a little better in spots. Yesterday, some reporting some blue skies. We are going to continue with som ....
But stronger than expected bottom line results. Those earnings really driving disney higher. Its up 4. 5 on news that disney is bracing its direct relationship with consumers announcing it will show mulan to subscribers on september 4th this is a dramatic change to disneys distribution model. It is sending theater chain stocks lower its building on a bright spot in the quarter which is doisney plus topping 60 million subscribers. Disney now has in total over 100 million subscribers across its direct to consumer businesses. Despite the challenges of the pandemic, weve managed to take deliberate and innovative steps in letting our businesses. At the same time weve also been very focused in advancing and growing our direct to consumer business, which we see as a top priority and key to the future of our company the impact of covid was felt deeply, particularly at disneys park division. The company says it experienced a 3. 5 billion net adverse impact in segment operating income due to cov ....