Destroyed more than 36,000 acres and is still 0 contained. The fires also forced thousands of people to flee their homes good evening, im ken wayne and im Vicki Liviakis of firefighters are up against it hot and dry weather conditions out there on the front lines making it really tough. The handle on the flames. Heres what we know tonight. Cal fire says a 113 structures have been destroyed more than 8500 are threatened. Back shun orders have been issued for parts of sonoma and napa county including the entire city of calistoga. In napa county the glass fire tore through the world renowned metal wood resorts near saint kron 4 state of sec. He was there she joins us live shes been monitoring the situation throughout the night taylor. This is a devastating blow to the community. How does it look out there right now absolutely devastating can i drove through that property and a long and i saw several different spot fires which made it really hard for firefighters while they were able to sa
Out ok getting away unscathed the fire 10 tearing through this area early this morning but crews remain here on the scene tonight. They are putting out some hot spots and mopping up the area roads in this area also remaining closed police making the rounds out here hillsides surrounding these communities also have been charred throughout the day today an into that into tonight. Theres been thick smoke in the air and theres also been a lot of ash that has been falling from the sky. Other communities all along highway 12 also having to deal with the flames buildings there and property there burned and destroyed. We actually spoke with one man who says that he was lucky that he did lose his home. But unfortunately his neighbor did. We got here they were you know a lot of activity this house was you know and claims are trees are on fire. The backyard with on fire the backfield behind us. Does seem like. If properties are starting to flare up. The house to my left is completely burned down.
Weve got a jampacked show for you. All that and so much more on making money. All right, folks, the market continues its effort at trying to find its footing but an early rally really fizzled pretty quickly in the fog of uncertainty that includes growing worries about the election outcome and speaking of politics how important is it for another round of stimulus . I say without it, this rally could get slammed. And its beginning to happen. Even as big names like apple and microsoft drift, folks, some of these other momentum names like cloud names are acting great. We will dive underneath the numbers here for you. Meanwhile amazon in fact got an upgrade this morning new share price target. Tesla has a new target of 515 from 480 at piper sandler. But you might be thinking about buying these value stocks, right, you keep hearing about it. The problem is though what is a value stock because not everything thats underperforming is on sale. I know the old sweater analogy, right, it is really
Launched today around 77. Around, you know, in that roughly about 1. 8 billion offering here where the valuation of the total company, if you extrapolate that out, youre getting well into the 13 billion neck of the woods. So a very, very Big Development here. Jackie deangelis is following it. This is kind of the rule of thumb, the vast majority have been of that ilk. But again much will have to change, and well see in the next few hours. Not a bad launch. What are you hearing, jackie . Not a bad launch at all. It came public under the Ticker Symbol u, neil, and its trading higher by 35 . Opening trade was 75 a share when it priced at 52. This is remarkable because the whisper number last week on the low edge of the range was 34. So you stand back and ask yourself what are investors thinking, especially during this time period of so much uncertainty, you know, to be bidding up a stock like this, you know . This is a company, as you said, its part of this Video Software chain, so it make
Hard to digest the news. Well cut right at it, give you the details in a moment. Overall, the market lacks real direction. The dows going to be up maybe 15, s p up 10. Nice gain for the nasdaq though, all green at this point. Politics [laughter] can you say softballs . One after another, they were lobbed towards joe biden at the cnn town hall last night. Not very good preparation for the first president ial debate which is, by the way, 11 days away. The standout for me came when biden suggested that if the president had acted sooner on the virus, all those people would not have died. So the president killed 190,000 people . Not a word of pushback from the moderator, cnns moderator. Today biden goes to minnesota, an opportunity for him to clarify his position on urban rioting and defunding the police after the minneapolis disturbances. And get this, the president will also be in minnesota today. You can bet hell brung up law and order bring up law and order. Mr. Trumps press secretary,