Anticipation is there will be a new wave of israeli strikes on the Southern Suburbs. This after the arabic spokesman for the israeli military put out a tweet warning, the residents of Southern Lebanon how valley in the Southern Suburbs of beirut to stay away from any hezbollah facilities. And given that hezbollah is a very secretive organization, most people dont actually know if there might be any hezbollah facilities in their immediate area. So the assumption is that if you are in one of those areas, you should simply leave and what weve seen is that tens of thousands, perhaps hundreds of thousands of people have left those the areas specified by the israelis before the war, the population of those three areas in that tweet was around 2 Million in people according to lebanese officials in just the last few days almost half 1 Million people have fled and that was a number before We Saw this Mass Exodus from the Southern Suburbs of beirut. Now, were getting a new Death Toll from the le
Record highs were only ten days ago. I continue the watch bond yields as yields sink so do stocks. As yields come off their lows stocks follow. What are you watching. When you look at internals, technicals, he is with aed on every measure of being shortterm oversold we had already checked those boxing going into today then today thing got worse it was a lesson for investors and traders that oversold doesnt mean the coast is clear. You can always get more oversold what is interesting right now, the s p at its low today down more than 10 . In five days thats only happened four times in history, 2011, 2015, and during the. Com bubble and burst and during the great financial crisis this is very extreme activity. On that point, to your point, bespoke today points out, to understand the magnitude of the drop and the swiftness in which we have seen it if the s p 500 today closes below 3,547. 53 today, tomorrow, or monday, it will be the fastest 10 decline from the alltime high from the s p 50
Of new yorks primary to 18 points in likely voters. This after trailing her by 30 points in march. Mrs. Clinton is at 56 , senator sanders at 38 . For republicans, donald trump leads ted cruz, 56 to 22 . John kasich has 17 . In washington, senior lawmakers on the Senate Intelligence committee are pushing a draft bill that would prohibit unbreakable encryption. It also requires companies to help government access data on devices with a warrant. The draft is reportedly being finalized but its unclear when the measure will be introduced. Global news 24 hours a day, powered by our 2,400 journalists in more than 150 news bureaus. Emily im emily chang, welcome to our onehour special here on bloomberg west unicorns bubble or boom . The number of unicorns has soared to more than 200 worldwide. These are private companies with a billiondollar valuation or more. Some are starting to wonder if soaring valuations are another bit of financial make believe are unicorns in for a reckoning . The marke
Unbreakable encryption. It also requires companies to help government access data on devices with a warrant. The draft is reportedly being finalized but its unclear when the measure will be introduced. Global news 24 hours a day, powered by our 2,400 journalists in more than 150 news bureaus. Emily im emily chang, welcome to our onehour special here on bloomberg west, unicorns, bubble or boom. The numb of unicorns has soared to more than 200 worldwide. These are private companies with a billiondollar valuation or more. Some are starting to wonder if soaring valuations are another bit of financial make believe are unicorns in for a reckoning . The market is seeing some correction. Some are writing down the value of onceprized startup and the reigning unicorn giants are holding off on going public, wary of a volatile market. Well talk about these issues this hour, and speak to two of the biggest unicorns around. Abnb and dropbox with two of the y. C. , s to come out of the big incubator,
Hours, thats great news if youre heading that way for the weekend. We have another storm coming in on sunday. Here we are for the day today. Partly cloudy as you get through the first part of the day, moisture passing through. Partly cloudy for today. Temperature in the 50s. Just a slight possibility of showers over portions of the north bay. Temperature 39 in fairfield. 44 in oakland. 42 in redwood city. Afternoon highs partly cloudy to mostly clear. 58 for oakland. 58 san rafael. Tomorrow a lot like today. More rain on the way for sunday, ill have a look at the extented forecast in a little bit. Lets check on the roadways with sal. Goodmons, were looking good good morning. Well show you the traffic at the toll plaza. Theres more people here in their car, ark a a two or three minute delay. In San Francisco, not a bad drive, a clear shot from downtown to the airport, no major flight delays, yesterday we had a lot. If youre driving into livermore valley, 580 westbound looks good. Over t