Tech stocks taking a pause this morning. No love for the electric vehicles this week, either then there is the tech eco systems. A new Software Brand storming the castle of apples app store. Huge announcements ahead as besos and Company Refresh their Consumer Device lineup what to expect from alexa and amazons ai. Well have that here on squawk alley. Were going to begin this morning with that story on the Apple App Store challenge as Companies Like spotify, epic games, and match group join together to create a coalition for app fairness casey newton of the verge for now, at least, joins us this morning fresh off of announcing he will start his own newsletter called platformer. Give us a little preview, and congratulations, its almost like a labor union that these companies are forming to take on apple. Do you think it will work . I think it has a better chance of working than anything else we have seen in this regard to date. I think their analogy is a good one, right apple really is m
Sports leagues are trying to make a come back mike tirico is going to tell us what the biggest hurdles are that all of the teams are facing right now. Tyler, thanks, the nasdaq is on track to snap a fiveday winning streak after the apple hedlines spooked investors. I think the key point here is that there are is 11 stores it is only 11 Stores Online stores are still open most of the others are still open most only have curb side pick up, but the whole thing is trying to figure out the trajectory of reopening. The closings of anything, and the market should be concerned about this you look at some of these travel a and leisure stocks they were flattish a little over two hours ago here, but trip advisor is down here we did have that announcement, no cruising until september 15th, but that was only a short while ago. The apple announcement was before that. Another casualty is brick and mortar retail. I want to specify, it dropped here, here is your dillards, abercromb abercrombie, and mor
And there is still a lot of opportunities out there. Chris, i want your thoughts on this monday morning sell off such a weak week last year we see potential buying opportunities in the midst of it. Referee y yes, i think th markets are looking forward to it finding opportunity for the market, you know there is clearly volatility that is increased. The Health Crisis is rearing its head, we spoke to a lot of schedules, and other companies that were invested in, generally managements are nervenerv nervo nervously optimistic so for investors, we find them as great opportunities we dont know if they bought at this point or what does it make more sense than normal to invest in companies. I think is a chance for asset inflation. And when we look at companies that are investing in this futu future, data centers, software and security, military modernization, all great long term sector growth stories that i think investors can get behind and technology is a great place to be because they have m
Mode of like, i guess, a real stable place to progress my supervisor peskin i think we hear you. Right. It helped me to stop what i was doing to progress back no a regular living situation. Further myself there. I also performed well in track and instead of going cold turkey and easily being drawn back into the situation, it allowed me to ease the tension into a regular living situation. Thank you. Supervisor peskin thank you for your testimony. Seeing no other members of the public on item number 1, well close Public Comment. Supervisor haney and his staff have asked for an amendment that is in the long title on page 1 and the substance is subsection c on page 3. If theres no objection colleagues, i will move that and we will take that without objection. And i have been advised by the City Attorney that because ha amendment is deemed to be substantial in nature, this will require a oneweek continuance so without objection, we will continue the item as amended one week to our meeting o
All members are present. I. I would like to acknowledge the staff of sf gtv who record each of our meetings and make the transcripts available to the public online. Madam clerk, any communications . None to report, mr. President. Before we do that, i would like to ask everybody to join me in the pledge of allegiance. I pledge allegiance to the flag of the United States of america and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. Welcome back, colleagues. I hope you all had a great break because im hopeful that this year, 2020, will be as fruitful as last year, 2019. And i would like to welcome our new city Deputy Director who is over there. Shes already busy, ann pearson, welcome to chambers. And i promise that at least, my colleagues promise not to pick on you for the first week, anyway. I also like to make an announcement that in december, at the end of december, there were three positions on the department of public inspect