It will be hot and muggy today. Did your seat for those well inland. Fire dentures go up and possible showers sunday night into monday. We are just getting a lot of high clouds. 60s and 70s. 74 in san jose. Thats very warm. Record highs likely today for many including San Francisco. Heat advisory from the bayside location starts at 11 am. Inland areas heat watch starts at 8 am. Temperatures are soaring above average highs for this time of year with livermore penciling in 108 and should be 88. And now we are seeing things picking up at the bridges. Lets start at the bay improved, actually. We had a bigger crowd at 6 30 am and now its 7 00, it seems to have disappeared. Traffic is moving along very nicely here. Looking at your screen, not a lot going on. Also, as you see, interstate 880 in oakland with traffic moving along okay in both directions. Because of the hot weather today, the organization that manages our states power grid is urging people to conserve energy. Demand for energy i
And defcon. Our guest report from the Washington Post is joseph marx. Mr. Moss, remind us again what is black hat and defcon, and w did they come about . Well, so defcon is a largest conference in the world hacking conference at will, about 30,000 attended in las vegas, precovid and a black hat is one of the largest security covers also held in las vegas. One is the university and one is more like a party. One is focused on your professional Career Advancement and the other one is eating the soul of hackers and aspiring. Host when did you found these . Guest defcon is pretty old. It was about 1993, at and about three or four years later black hat started, 1997 i believe. The secret was we did no advertising or marketing of the just group organically. Host what is your background that you are able to do this . Guest well, originally i thought i was going to be an fbi agent. Instead i turn into a hacker, and it was a hobby like everything hobby that turned into a career. I started throwi
Second term. The president also receiving , the companytok suing the federal government. Lets talk about how the markets are digesting this. Abigail doolittle running us. Joining us. Apple has been one of the companies driving the rally and apple just notified some employees that they plan to reopen a number of retail scores by the end of august. Walk us through the day. Again, recognize. Hopes about a fast tracking of the vaccine and treatment. Abigail lots of optimism. The s p 500 up for a third day. While it is nice to think that it has some of the do with the fast tracking of the vaccine and plasma therapy, it is interesting that the only major nasdaqo close down, the biotech index. The nasdaq 100, the new york faang index. Course if youof own that stock into the close today, you are eligible for the 41 split which will take place next monday. That does not create any value but it seems that it is somehow more attractive. Certainly attractive, the fact that they plan to reopen some
Remodeling bigtime during the lockdown. Profits went straight up, sales straight up. Those tools, wallboard and paint, just ran off the shelves. These two companies are economic indicators. They are doing well. The economy apparently recovering nicely. As for the overall market, well, the dow, thats close to the 28,000 level this morning, up about 40 points at the opening bell. The s p, thats just a couple of points away from an alltime high. The nasdaq, already there. By the way, apple is only, what, 10 shy of a 2 trillion valuation. All right. Lets get to it. The Virtual Convention. If it wasnt clear before, it should be clear now. This is Bernie Sanders Democrat Party. He laid out a far left platform and its been adopted by joe biden and kamala harris. Socialists wrote the party platform. Im calling it the Biden Harris Sanders ticket. Its the most progressive t campaign of any Political Party in recent history. Tonight, alexandria ocasiocortez will be a featured speaker. We heard fr
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