arjun joins us with more on the volatility crypto trade. arjun, this was a dpeevastating weekend for cryptocurrency funds. tell us about the extent of the damage in the pull back of bitcoin. >> julianna, we are seeing pressure on the market it is feeding through so many areas of the crypto space. bitcoin mining levels of bitcoin now is very unprofitable for the miners and mining operations around the world. that means they could be dumping the bitcoin holdings and selling into rallies that will count for the upside we are seeing projects come under failure with the downturn in the market. terra and usd collapsed. celsius, the firm which is facing insolvency. there are a number of projects around facing big challenges with the downturn. companies beginning to layoff staff. c coinbase and blockfi as well in the new crypto winter. a lot of investors will be scarred from this. especially retail investors in the space. they may not return in the future lots of crypto specific issues a lot of leverage being used in the market at the moment some o

you see that filter through to the crypto he mmarket >> arjun, i appreciate it. thank you. >>> let's turn to equity markets. two hours into the session the losses are sticking. the cac 40 in france is down 2.4% we are seeing heavy tech name selling. and the worsening covid situation in china and linked to the interest rate outlook and the impact on the economic growth the dak down 2%. ftse in italy down 2.4%. >>> looking at fixed income market 10-year treasury bund is down this morning 1.5%. turning to treasury markets. i want to give you a look at treasury yields. we did see a brief inversion with the 10-year and 2-year this morning. that is something that investors are watching this morning. on friday, we saw a sharp move higher in the yields curve u.s. treasuries are moving higher a flattening of the yield curve, but the whole curve moving higher we saw this morning the 2-year and 10-year invert for the first time since april that is something to watch throughout the day >>> as for wall street u.s. futures looking like this dow bounced off the lows this mornin

a arjun is joining us now. these videos are exciting to watch.t always comes down to the question how close are we to the technology getting off the ground what did you learn >> reporter: well, we know at this point in time, julianna, the phase where the companies are trying to prove the technology and refine it and ultimately to make it viable in terms of safety and something that satisfies the regulators and operates in the environment as well when we look at the takeoff and landing vehicles there are a number of companies developing it. i saw at the lilium site, they have a vehicle they have been working on for some giaged to ce the test flight. a lot of the vehicles are prototypes and trying to work to a point to commercialize these and make these into something they can scale across the world. lilium has aggressive timeline next year it will unreveal the w one. this is a little bit of what i learned at the testing site. >> this is a flying car. i'm at a facility in spain where the electric passenger drone is about to takeoff on the test flig

arjun kapul has joined us now. interesting to see the u-turn from musk. >> rosanna, we saw the price reaction on friday was because the market was surprised this is a company that managed to weather the supply chain disruption and continue to boost deliveries and fare resilient to the peers. it is a surprise if musk said we need to cut the work force why is that? is there something that musk knows that we don't? is it softer demand for the cars over the years that is the question that investors are asking the clarification is head count will increase. salaried employees will stay flat perhaps increasing the number of staff in factories and production and battery production as well which is critical the market wants to see tesla boost production and meet demand in order to meet the goal of 50% deliver y growth this year the only way to do that is ramp up the demand. the one thing of the story is this is a typical play from the elon musk playbook when it comes to ketesla. we saw in 2018 and 2017 with the company cutt

oh, fuck, fuck arjun. yeah they did. he died video snacked more with her through ah no guesting it's of chrome. you would go to the to mother stated to speech, to love, isn't this lana, a book boston? are you in the ears of the honda was multiple? yeah, which is that is though today people in don't been so recognized by their actions. they defend the republic fight in the trenches, save the wounded and st. did of a humanitarian age liberated areas and front minds. they help in any way they can under constant stress, often risking their lives. we think us audio edge started with all by that williams, fish. and then you might say, we just go for those on to swallow. pool mumbled english to draw a m yes to not from the little dogs really interested me to set the. yeah, you still up up about the blue ball us history book. the europe was most nest, but my gut as well. mushroom of america at the past that the julius attorney is geena sentenced for you. yes. yeah. yeah. with the hots east childcare center homes is 17 children o

authored a study that made quite a splash turns out that the greenhouse gas footprint of, of the blue arjun is worse than if you simply burned the natural gas directly for fuel and duck. nothing. nothing low emissions about it all. the oil and gas industry often promises it can remove around 90 percent of emissions when making blue hydrogen. but the reality looks different. human rights and geo global witness calculated this blue hydrogen facility run by shell and canada. only managers to catch about half the emissions it creates and this gets even worse when you take into account leaks while the gas is processed and transported. these release methane, a greenhouse gas, that in the short term is more than 80 times more powerful in warming. the planet than c o 2. but despite this flu, hydrogen made its way into the official hydrogen strategies of major economies. like the u. k. united states, japan and the european union reports show some pretty serious lobbying efforts. we're behind that, ah, it's a direct strategy of, of the oil and gas industry, quite frankly. but again, the science doesn

authored a study that made quite a splash turns out that the greenhouse gas footprint of, of the blue arjun is worse than if you simply burned the natural gas directly for fuel and duck. nothing. nothing low emissions about it at all. the oil and gas industry often promises it can remove around 90 percent of emissions when making blue hydrogen. but the reality looks different. human rights and geo global witness calculated this blue hydrogen facility run by shell and canada. only managers to catch about half the emissions it creates and this gets even worse when you take into account leaks while the gas is processed and transported. these release methane, a greenhouse gas, that in the short term is more than 80 times more powerful in warming. the planet than c o 2. but despite this blue hydrogen made its way into the official hydrogen strategies of major economies, like the u. k. united states, japan and the european union reports show some pretty serious lobbying efforts behind that. ah, it's a direct strategy of the oil and gas industry, quite frankly. but again, the science doesn't suppo

we're starting this half hour with a look at the weather meteorologist lisa arjun joins us with whatxpect ty lisa. hey, stephanie, good morning, too. we do have the fog a little bit of drizzle out there and looking at sfo. you can see the marine layer. it is compressed, but it's going to hang out at the shoreline keeping temperatures cool there 55 san francisco it 57 in oakland with 16 in san jose and for mount tam the air above at about 2,000 feet very dry in the 70s with low relative humidity, but we like to see the low clouds the fog and even that mist and drizzle this time of year 53 in napa 59 in livermore the visibility to reduce half moon bay 3/4 of a mile and with that blanket of low clouds or milder from santa rosa to napa 6 to 7 degrees warmer through novato. so by eleven o'clock we are in the upper 70s. low 80s from concord to livermore and still in the 60s, but with plenty of sunshine downtown one o'clock eighties to 90s inland and the temperature spread the range that degree range staying with us for a few days until things kind of do a 180. i'll explain coming up stepha

targets march it -- margaret -- arjun meltdown can still spell pain for investors. stagflation at nation. the world bank said the global economy is in in danger -- is in danger. welcome everyone to bloomberg markets. my take away far is that if you are going to want to shop on sale, you need to go to all the major retailers. we will see how long that actually lasts. guy: it really depends on what you want to buy. as i had someone put it a little bit earlier on, we are interested in suitcases. this is basically a miss execution issue at target. i think we are all turned fearless out right now. or is it simply that we have a little bit of a problem with target and some other retailers because consumers tastes are changing quickly echo once things bounce back, will we be back to business as normal? we will wait and see. let's look at where we are with the u.s. economy right now. a bit of a margin meltdown and that means a stock crash. that is basically what we are asking here. let's bring into the conversation our policy correspondent. let me ask you this question firs

i'm lisa arjun waking up to low clouds and fog, but i'm mostly sunny day on the way our afternoon seaday and tomorrow with mild temperatures at the beaches and looking at a cooldown further into next week. 68 downtown 75 in oakland for 86 in fremont with 96 in livermore the accuweather seven day forecast remaining hot inland, but pride parade tomorrow looking comfortable. >>> it is time now for pop news. our friend, wright is in the house. what's happening? >> good morning. we begin this morning with a big congratulations to our very own robin roberts, her disney plus show, "turning the tables," picking up the award for outstanding informative talk show at last night's daytime emmys. cheers to robin and her teammates. way to go. that is amazing. now, also this morning, hello, it's adele. the singer is revealing she's sharing the stage for her highly anticipated london shows. adele writing, "the line-up for my hyde park shows next week will blow your socks off. ca casey kasey and more." adele will take the stage as part of the british summertime music festival that kicked off last nigh

i'm lisa arjun waking up to low clouds and fog, but i'm mostly sunny day on the way our afternoon seaeze with us. it'll remain hot inland today and tomorrow with mild temperatures at the beaches and looking at a cooldown further into next week. 68 downtown 75 in oakland for 86 in fremont with 96 in livermore the accuweather seven day forecast remaining hot inland, but pride parade tomorrow looking comfortable. >> reporter: and i know i'm tossing back to a fellow midwesterner back in new york. janai, what kind of morning would it be if i didn't have deep dish for breakfast? >> oh, my goodness. greg, that's pretty impressive. thank you so much, greg. >>> turning to hockey now with the tampa bay lightning hanging on tough beating the avalanche on colorado's home ice overnight and extending the final to a game six. abc's kayna whitworth has more. >> here they are. it's going back to tampa. >> reporter: the avalanche came out strong, but the lightning struck first getting on the board early. >> with some room. scores. >> reporter: taking the wind out of the avs' sails. the avalanche failin

court in just a moment the first let's start with a quick look at the weather with meteorologist lisa arjun. good morning, lisa. hey, good morning to you. yes, we're starting out with some low clouds and fog by the shoreline. in fact fog from half moon bay up through santa rosa. you can see that dark area offshore big ridge of high pressure allowing for that warmth to stay with us inland. it is 60 in dublin in pleasanton closer to the bay mid-50s in oakland 48 in nevada with 52 in pacifica. so that is anywhere from a degree to about four to five degrees cooler southwest wind at two miles an hour through the delta allowing for that cooling effect and that sea breeze throughout the afternoon, but we will continue to see temperatures anywhere from about 10 degrees above average inland. so look at the numbers here from the 60s and 70s bayside and inland to the 80s by noon time and the coastal clouds will park in his partly sunny skies there but well into the 90s today the cooler day out of the weekend. we'll talk details about pride coming up. let's okay lisa. q protesters were stopping traffic

the first let's start with the quick look at the weather with meteorologist lisa arjun. good morning, lisa. hey, liz, good morning to a bit of a breeze some of a marine layer for you. otherwise, it's clear inland and a pretty nice day on the way for probably festivities and into tomorrow as well high pressure and control of our weather that's shallow deck of low clouds from sfo where temperatures are in the mid 50s through mountain view. santa clara 52 with the fog and a half moon bay. it's pretty shots with the deck of low clouds scouring out throughout the mid to late morning hours downtown low 50 santa rosa 60 by the delta. it will be comfortably cool at the coast and you notice the fog up through santa rosa two mile visibility half moon bay and we are cooler this morning. so throughout the afternoon the numbers warm up quickly inland noontime. we're in the upper 80s mid-70s bayshore and by the afternoon. 90s around danville and pleasanton with low 80s in newark and castro valley keeping the 60s cool at the coast. we'll talk about that warm-up for the parade tomorrow

so in that sense, the arjun time has successfully defended their title. will real madrid have agreed to sign germany, defender antonio ruder. he'll join on us free transfer from chelsea who he played for since 2017. his new deal will keep him at madrid for the next 4 season. not long now to go until the n b a finals get underway between the golden state warriors in the boston celtics game one is a home game for golden state and san francisco where they're unbeaten in the play off so far, they're seeking their 4th championship in 8 years and have steph curry, who's the best 3 point shooter in the history of the game. but the celtics are trying to break a tie with the los angeles lakers to become the 1st team with 18 n b a titles. their last one was an o 8. we played for a city that's very impatient, near the right to be the things that they've accomplished. you know, it's kind of hard not to be in patients, so we understood it, we get it. and it just helps us strive to even, you know, god there and you know, pleased that in patient is that they have fuel t

blue arjun launched and new shepard rocket about 6 20 this morning pacific time at of western texas.lue origin. tell that the cruise diversity this time, which included a 20 year old who had just become the first mexican woman to fly into space. the whole trip took less than 15 minutes. there they are back on the ground. the capsule separated from the booster rocket. eventually reached that altitude of about 66 miles. that's the boundary between our atmosphere and outer space capsule, then return, drifting back and parachuting to the desert floor. the crew also carried a man whose identifying himself as the world's first kryptonite crypto space agency apparently sponsored his seat and the oakland zoo celebrating its 1/100 birthday this weekend. the zoo first opening its doors june 6th 1922 and quickly became one of the bay area's most popular spots for animal lovers. tomorrow the zoo will host a free celebration at snow park in downtown oakland, which was the zoo's original location. there will be live music and food trucks. have you been up there lately? it's such a great yeah, i ha