or own the restaurant across the street from chevron headquarters or what not and to be clear chevron said it is staying for now. but what do i care? why do i care where chevron goes or where the headquarters is if i'm not involved? >> so, economy is some of the part and in the bay area case we've been greater than the sum of the parts. we've created quite an innovation financial capital here. it is a remarkable thing. and having that is a tremendous advantage to the people who are here who could -- who we had unemployment down below 3%. incomes rising. there is certainly some inequality in issues that need to be solved and challenges to the infrastructure when you grow quickly. but that is a set of problems that any region would call a really good set of problems to have compared to what we've seen in other regions around the country, think about the rust belt, cities like detroit who was the innovation capital of the world back in the 1950s and so forth. and in a very, very brief period of time, saw its legacy just completely decline and it is been fighting its way back ever since.

chevron posted a surprise loss. we will have my interview with the chevron cfo coming up next.loomberg. ♪ ♪ >> coming up on balance of power, we will speak to democratic commerce woman of pennsylvania. this is bloomberg. alix: live from new york, i am alix with guy johnson in london. chevron is down after posting a surprising fourth-quarter loss. the company faced big cash born last year. -- cash burnt last year. i spoke with the cfo pierre breber and asked what they are going to do with that extra money. pierre: the last two quarters, our cash flow breakeven has been under 50. we can cover going forward. all prices are $55 versus the 40 two dollars we saw last year. alix: how much of the cash you are making are you going to reinvest? i know it is difficult. pierre: we are not an emp, we are a global company. we have a track record of delivering cash flows to our shareholders. we have increased our dividends 33 straight years. we increased our dividends 8% last year. we have a track record of generating excess cash and not over investing. there have been too many companies in o

chevron yields 6 and exxon yields 8 i think the 8 parse isless safe than the 6% exxon. buy chevron. okay, let's go to rebecca in new york rebecca. >> hi, i would like to thank for being the stock expert and making people a lot of money is it better to have 100 shares or 50 shares in 20 good companies? thank you. >> mutual funds? the 20, rebecca, is too hard i suggest 10, when you add one, you got to subtract one. that's too many. i want you to do 110 way it is a stock picker's market. you have not been brainwashed by people who say you are stupid. anyway, terrific people are looking for any sense of normalcy. when we beat covid, yes. the strengths in these moves unsustainable. on "mad money" tonight, some stocks in this market are living a dream. could the market wake up i am focusing on companies that live by momentum and die by momentum i am taking down ten big dividend stocks i like right here and i can't lie and could another covid surge stifles the january rush to the gym. why don't we talk to the jim expert let's go to the ceo of planet fitness. my suggestion? stay with cramer

chevron said it was related to a processing unit upset. chevron says it was able to fix the issue. >>> also knew tonight, enough a man is behind bars, accused of possessing a pipe bomb, automatic weapons and more than 15,000 rounds of ammunition. the sheriff department says ian rogers owns a business in town. both his shop and home were rated. rogers' bill is set at $5 million. federal authorities are aware of his arrest. >>> a large homemade dinner that says white lives matter was taken down by the union city police. while this is not the first time, the mayor says the timing is what makes it troubling. >> reporter: the union city mayor raise the white lives matter banner would incite violence. law-enforcement is already on high alert leading up to the presidential inauguration. >> it is certainly very insensitive, again, because of the context with the insurrection at our national capital. as well as this is the weekend where we honor and celebrate martin luther king, jr. in his life. >> reporter: the mayor said the banner was hung at th

so, first of all, brenda, do you think it's sustainable as oil moves towards $52 and a stock like chevronhat is in your book, can it work in that environment? three months up 21.5%. >> yeah, i think there's a call out there and it's legitimate that renewable energy will eventually become much more viability and much more wide live used and it continues to grow, but i think we can't ignore the fact that 56% of oil demand comes from transportation and we are going to see a recovery in transportation on a global scale so that will drive more demand. meanwhile, much supply has been coming down. i think we will have a period of sustained slupply/demand imbalance and could cause prices to be higher and to cause investors to add exposure if they haven't had any we've been in chevron. we think it's the safer way to play the group they have been very financially conservative, i would say, in the group and we continue to like that about the company. but i think overall the group could work for a more sustainable period of time >> pete, energy's up 9.5% this week alone, okay chevron got upgraded fro

have talked about it, because you're there in texas, some of the oil stocks i know that you like chevronave, still do obviously, fossil fuel companies could be direct either likely not beneficiaries but certainly impacted by a democratic sweep, or perhaps any big climate change legislation that may come out of the biden administration, but all that said, you are still a believer in chevron. why? >> absolutely. so it's one of the best integrated oils out there. they actually, have haums a 6% dividend yield right now they're a great company, and, yeah, fossil fuels is slowly pivoting more towards solar and renewables but that's a slow pivot. turning on the aircraft barrier there. not happening overnight and i believe they'll pick up market share when you see the integrated european oil step back and pivot towards pps and shells, more globally market share for chevron. still upside in oil and gas. we think that industry is critically important, still, to this country with oil around 45 to 50, well within chevron's break even. a great balance sheet, strong cash flow. very capital disciplined

the mega millions numbers last night, but a ticket with five of the six numbers was sold at this chevron on lone tree way in brentwood. that ticket's worth $2.3 million. even people who didn't know the winner were excited about it. >> oh, my god! right here local in my neighborhood. when you win the smaller amount there, you almost got the big prize, they remember. probably. that's got to hurt. but $2.3 million is going to make a huge difference in somebody's life. i've got to go to go to work today. so it's not me. >> all right. powerball numbers are being drawn tonight while the next mega millions drawing is friday. so if you play, good luck to

you know i think the world of chevron. mike worth is really the big guy other than sheffield and the group. most of the oils are investable but chevron and pioneer are exceptions eli lilly ramped up so much on vaccine hopes the stock may be due for a breather they're using a drug that they hope seems like it wards it off but remember, they are trying to be more therapeutic. the pipeline is spectacular with drugs and why are people buying it story, alzheimer's, yes. any more commentary on alzheimer's, biggest unmet need will move the stock to ten i know many of you will be caught up in the nitty gritty of biden's stimulus push. that's not a side show it could make a huge difference for the host of industries from retail to auto makers from used cars to dollar stores. let me give you the bottom line. next week keep your eyes on the prize. companies for great earnings when the stocks are knocked down to unreasonably low levels that one day may no longer be front and center i need to go to dave in my old home state of pennsylv

clean energy goals from chevron, lower intensity, like flaring and emissions. they want to develop new technologies. five years ago, the big buzzword in technology was digitalization. now it is carbon capture, where co2 released in oil production is captured and pumped back into rock. that has come to a project for chevron, that produces so much emissions each year that could power hundreds of homes. they are looking at startups as key to the transition. they have invested in carbon engineering, to charging stations, and focusing on new ways to trample. its latest fund, launched in 2018, commits $100 million to technology that lowers oil and gas emissions, plus supports a low carbon value chains. i sat down the barbara burger, the president of chevron technology ventures, to ask where the best opportunities were. and the buzzword is hydrogen. barbara: hydrogen and of the promise of hydrogen is not new, but you have seen an acceleration in the types of solutions at that are being progressed. the focus and money going in. if we step back, what is the promise of h

pete, you own stock in chevron, exxon and kinder morgan. so brenda, to you first.g these stocks knowing what cramer thinks will happen under a new biden administration >> yeah. i think especially the more recent environment has been a testament to being diversified where nobody wanted to own a bank and no one wanted to own an energy company and energy has been the most hated sector for a long time, but if we look forward, we see an environment where we are going to get a pickup in transportation it's going to happen globally and that accounts for more than 50% of demand for oil. so we absolutely think that we're going to get a rebound we're still very dependent on fossil fuels even though the shift has been for some time shifting to more sustainable energy sources, but nevertheless, we think there is -- and will likely continue to be a recovery here and could take the market by surprise because everyone has hated the sector for so long whether it's for esg reasons or simply because the industry has been under so much pressure over the past year that we think it mak

helping that particular industry and chevron and exxon could be ones to focus on there.tors have bid up the shares in the last three months we'll see if that trend continues on the value side of things. >>> joe biden unveiling his $1.9 trillion covid relief plan. what investors think about that plan, and a reminder, you can watch and listen to us live on the cnbc app, smartphone, bl, ater"wldde exchange" is back in just a moment ♪♪ hey you, yeah you. i opened a sofi money account and it was the first time that i realized i could be earning interest back on my money. i just discovered sofi, and i'm an investor with a diversified portfolio. who am i?! i refinanced my student loans with sofi because of their low interest rates. thanks sofi for helping us get our money right. ♪♪ i just lost my job. with the kids at home and less money coming in, there'd be no way we could afford health insurance. my kids think i'm a superhero. but even superheroes need help sometimes. we found help at covered california. and not just us. 9 out of 10 people who enrolled got financial help. co

this is the chevron in brentwood on lone tree way. no one won the jackpot, but the store did sell a 2$2.3 million ticket. the mega millions jackpot last night was the largest we have seen since the pandemic started. in part because people weren't out and about buying lottery tickets. so without buyers, the jackpot doesn't go up. so this generated a lot of excitement. the powerball jackpot was also past 4$400 million. dual jackpots equalling almost 500 million dollars. that was exciting. no big winner last night. though here in brentwood, we're talking about 2$2.3 million. we had fun telling people about it. we have not met the winner. we wonder if the winner knows they are the winner yet. people here are happy to hear this happened. >> i wish it was mine. but i'm happy for whoever did win it. he was a gentleman. i'm hoping he's excited as well. it's a new year, thank you. >> check your mega millions ticket. here are the numbers, 20, 43, 51, 55, 57 and 4. no one had all the numbers. so that jackpot now goes up again. it's going to be 4

joining us now is michael wirth, chevron's ceo.a matada. this caps what was a really rough year, not just for chevron but for all of the oil companies because of a huge decline in demand for oil with the shutdowns around the globe, with people not flying, people not traveling. where do you think things stand right now? >> well, i think we've emerged from 2020 even better. the fourth quarter was a steady quarter and we began to see things turn. we finished our integration of noble energy and structurally reduced capital and operating costs. we've seen the global economy begin to turn even as we still face the pandemic. we are built for profitable growth into the recovery we've executed bottom of cycle m&a when others couldn't, we've restructured our business, we've still got the strongest balance sheet in the industry. there's nobody asking questions about our dividend, either now or into the future so in our business capital discipline and cost discipline always matter. of course we're prepared for a lower carbon energyfuture. we'r

chevron put returns ahead of production. you get a 6% dividend.ooks like they will generate plenty of free cash flow in 2021 to cover the dividend. jack: short time to go through two more stocks. carlton, financial sector had it rough. wells fargo had it rougher in 2020. >> when you look at recovery in bank stocks, banks are down roughly 15% in the year. wells fargo down 20% in 2020. for 2021 banks looking to recover. they were operating under a asset cap. they were hoping that would be lifted soon. there is the issue of their ability to cut costs and do buybacks that should be a catalyst for the stock. jack: ben, boeing has similarities to wells fargo. obviously we stopped flying. aerospace was not a good industry in 2020. boeing had its own serious problems. >> had the 737 max whichs with grounded after crashes. changed software surrounding the plane. covid arrived. customers weren't buying planes anymore. they weren't flying. so its stock fell 30%. the max is cleared to fly again. the vaccines are successful means more flyers and the airlines w

the defendants are chevron, exxon, bp, shell, and conoco phillips. these fun will be used to pay for seawalls and other infrastructure needed to deal with sea level rise. we have some real risk that's going to require some billions and billions of dollars of investment by san francisco on infrastructure if we're going to stop catastrophic loss, so that's what we're looking at. a lot of our developments are occurring along the waterfront. our lawsuit is a part of that. i want to have this abatement fund thahas been created now to ensure that we can fund the infrastructure improvements that we're going to need to ensure that those developments go forward without the threat of sea level rise. scholl: politics in san francisco is funny. there are a lot of really enlightened views. on the other hand, it's probably not enough to prevent the business community from making things even worse right on the waterfront. christensen: we're going to have to adapt. it's going to take that creativity and energy and capital. the question of how do we balance that econ

this is the winning store in brentwood at the chevron on lone tree way. this was a mega millions ticket. the jackpot was up to 4$432 million, they did not have a big winner last night. so that kicks up to 490 million, and that drawing is on friday. that's a huge prize. it makes 2.3 million maybe not sound so big, but it's a good winning. someone in brentwood did win that. we have not found the winner, but we have found a lot of good reaction including from this very sweet man. listen to him. >> really, oh my god. man, i'm going to start shopping here. getting my tickets here. >> what would you do with 2$2.3 million? >> a plethora of things. invest, help out family members. look for some charities that might need help. >> what about a little treat for you? >> i put myself on the back burner. >> sweet eric stuckey. i enjoyed meeting him. here are the numbers in case you have not looked at your numbers. 20, 43, 51, 55, 57 and 4. no one had all the numbers. that jackpot kicks up and that drawing will be on friday. but up next is powerball. that jackpot is at

exxon and chevron, right >> yeah.rathon petroleum and kinder morgan more, but i do like chevron and exxon i want to make a public service announcement those four names i mentioned and they are buyable here and holdable over the next year, but if you're playing in these zombie companies like transocean or these small emp companies, you are playing with fire, okay? there is no value in a transocean other than the rigs and you can stick a straw in th desert in saudi arabia and oil pops up and nobody will be drilling in deep water, harsh environment so just stick to the top of the quality stack. >> so the recovery is in karts, b caterpillar, but it's not in oil? >> hey, caterpillar -- [ no audio ] >> i think jim just ripped his microphone -- on. >> i'm with you. i'm with you >> he got excited. >> did you get so animated you knocked your mike off. >> i did you give me these good questions and i got excited. >> he swings his arm out and -- [ laughter ] >> hey, hey, hey, jim's right, though don't bet against pharma jim here,

you still have the high expectations, and, degas, for chevron?yes, what of the energy companies and particularly the historical legacy of the fossil fuel companies ay s aies and whe doing for the plans and the corporate responsible plans for chevron and consistent and strongly stated transition plan to move from fossil fuel to the renewable energy, and so that is why we like energy companies. >> still more trades ahead and we will come back to do that and you do thart or listen to us lie on the cnbc app. we are back in two minutes. so you want to make the best burger ever? then make it! that means selling everything. and eating nothing but cheese till you find the perfect slice... even if everyone asks you... another burger truck? don't listen to them! that means cooking day and night until you get... [ ding ] you got paid! that means adding people to the payroll. hi mom. that means... best burger ever. intuit quickbooks helps small businesses be more successful with payments, payroll, banking and live bookkeeping. ♪ ♪ we made usaa insurance for

there's three stocks we like, chevron because we do think there will be -- charles: chevron, give mebols quick. >> chevron, ping and we like service now. those are the three stocks that'll get you through the next few weeks. charles: paypal up $6 right now. rob, thank you very much. liz claman, the markets seesawing a little wit. over to you. liz: well, you know, the s&p had been lower. what's interesting as your guest just said, we are seeing a rally. the breaking news on this friday, president-elect joe biden says the nation needs to spend billions more for vaccine distribution and trillions for different types of plans to pull this economy up and out of the pandemic blues. this as he beefs up his economic team. in just the last hour he introduced nominees to head up commerce, labor and the small wiz administration. we're going to game how they plan to heal a jobs market punished by the pandemic and move forward after the trump trade war with china and

i want to give chevron earnings. it's a dow component.e was for a gain of seven cents. they came in with with adjusted loss of a penny. stock down half a percent. revenue, a little bit lighter than expected. the estimate was 26.2. they came in at $25 billion. again, the stock is moving to the downside just a little bit. venezuela is one of the big topics with this company. they're talking about the international numbers and operations. they do have a good cash balance on-hand right now, though, and debt. about 5.6 billion. that's actually a good thing. u.s. refinery crude oil output in the fourth quarter down 17%. you used to cover oil and gas. you know what i'm talking about on these numbers. given, we're getting these numbers crossing on chevron. they did declare a dividend last night. least we've got that, of a buck 29. the board approved it ahead of earnings. chevron just picking up a little higher. dow component, wanted to get that to you. jackie: i see that. part of the miss probably the fact that the pandemic has basically tamped d

we spoke to chevron's cfo. >> market conditions continue to be challenged in the downstream. we are not operating back at a full recovery. we operate safely and reliably. demand is down a little bit. we had a couple of one-time items that contributed to loss in the fourth. -- fourth-quarter. ritika: global news 24 hours a day on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. ♪ so you're a small business, or a big one. you were thriving, but then... oh. ah. okay. plan, pivot. how do you bounce back? you don't, you bounce forward, with serious and reliable internet. powered by the largest gig speed network in america. but is it secure? sure it's secure. and even if the power goes down, your connection doesn't. so how do i do this? you don't do this. we do this, together. bounce forward, with comcast business. >> we were not directed by a market maker or by a market participant. this was a technical and operational decision we made. >> i would acquitted to folks -- equate to folks voting with doll

ahead of chevron and exxon, said to have spoken last year about a possible tie up, testing interest ind be one of the biggest ever corporate mergers. dow jones says the chevron ceo and deron williams of exxon talked after covid-19 took hold and slashed global demand for energy. the talks were preliminary and are not continuing, but may be revived in the future. hedge fund veteran download managed -- dan loeb managed to make some money despite the turmoil by retail traders. the offshore fund gained nearly 2% last month according to an investor. investment firms like b-1 capital partners and .72 have been hit hard after shares of companies they bet against were driven out by frenzied trading. the billionaire founder of point 72 and new york mets owner steve cohen has closed his twitter account after saying his family received threats. performance reportedly plunged 10% to 15% this month. he has complained about what he calls the rough crowd on twitter after his firms short bet on gamestop. haidi: we have the update a few minutes ago. robinhood now narrowing the trading restrictions that

[laughter] then he said are you still a director of chevron? i was the secretary of state. but in russia, dmitry medvedev was also the chairman of gas problem. -- gaza prom. there was a fair amount of political violence also. now that mr. putin has decided he is the once and future president of russia, i think the chances russia is going to break out of that and build on other strengths it might have, including a very smart population, those have receded and i think, unfortunately, russia will not find greater strength in the international economy. it's pretty much an economy dependent on the price of oil to do well. rep. shalala: let's go back to the arab spring. what do you think the lessons are? sec. rice: the lesson on the arab spring is that authoritarianism is not stable. it is simply not stable. if men, women, and children don't have a way to change their circumstances and change their government peacefully, they will do it violently. when we were in romania, we have -- we learned of something i called the church sq moment. nikolai chet chesky was the dictator and 19

. >>> is chevron richmond refinery activity, it started around 6:30 last night. the flaring created an orange glow in the night sky that could be seen miles away in san rafael. chevron said it was related to a process unit upset but they were able to fix the issue. >>> the fbi needs your help finding the national guards missing combat vehicle. that's right. they are offering a $10,000 reward for information leading to recovering the stolen humvee which was taken friday from under the nose of the national guardsmen in los angeles county. rsfederal prison but 200 licas were not sure what the punishment is for the guardsmen supposed to be keeping an eye on things. it is right now 6:11 am and still ahead, a large homemade banner taken down by police in union city and why the city's mayor says it isn't an overreaction and community concern over the timing. plus a warning this holiday weekend if you're off to the coast, there could be large sneak waves, more on that >> a large homemade banner that reads white lives matter was taken down by the union city police as we g

different than chevron or other companies.he investment thesis, how do you look at a stock like exxon? mark: you have to make sure that you don't put the entire permian under this issue. the new mexico part of the permian is the issue and exxon has plenty of permian acres in texas that we will not be -- will not be affected by this. that's not the issue. a couple things. i think that exxon does a terrible job of explaining everything they do for renewables. i think the company that does that best is bp. i think exxon could learn from that. i also think exxon has begun to get some religion. they have reduced capital expenditures which is important and continue to bring down costs which is something that will help them. that will generate more free cash flow and enable them to continue to pay the dividend which is, one of the things about exxon is important, they have not used the word sacred but they would use every word but sacred. there is no question there are some headwinds, but we think that over time the management teams

i only own schlumberger and chevron, and they're pretty big bets for me. here's the point, scott. it's 2.5% of my benchmark which is the s&p500. five years ago it was 9% and they've seen such a dramatic decline and values lost and i don't think everyone was paying much attention to it so it doesn't take much for the stocks to go higher, but i still think you want to be particular. i think you want a stock pick on these and both chevron and schlumberger, a good com pbinatn and i like the technology aspect of schlumberger that we talked about and yeah i'm overweight and about 200 basis points overweight. >> ed yardeni, what do you think about schlumberger is it legit or have we gotten ahead of ourselves and we need to come back to earth a little bit? >> i think we've seenly a broad-based rebound in commodity prices, and it's very normal and very difficult of a recovery period on a global basis the surprise is how strong the recovery has been despite the fact that the pandemic is still out there and the third wave of the pandemic in the u.s. is turning out to be the worst so far, yet

we're at the chevron northbound here.everything. this may be a good spot to choose because they've had the winners before. but we mentioned that winner in contra costa at the chevron next to the home depot where someone walked away with $2.3 million in the ticket. they were the highest winner last night. $490 million and that powerball $410 million, the jackpot rolling over since mid-september. 17.3 million winners, some worth more than $1 million. the cashier said it's been a real draw here, and i had a chance to see what some folks said they would do with the money. could you even fathom having that much money? >> no, i couldn't. i wouldn't mind trying. >> take care of family and friends and charities and not work. >> reporter: so they always say you have to play to win. sohat we your odds? well, it's not impossible but it's a one in 302.5 million chance of winning. again, if you don't play you won't win. hopefully in you do win you will reach out to me because i would will have to help you spend it. we're live in marin

chevron, it has a current dividend yield of 6%, followed by ibm with a yield of 5%. dow, inc.walgreens boots alliance at 6.9%. verizon dividend yield 4.27%. interesting to watch all the names as we start the trading year off. other names might be worth a look. jpmorgan chase, mcdonald's and caterpillar. now more than ever it is important in my humble opinion, i will send it back to you, the expert to weigh your strategy. like choosing the dogs against the fundamentals. of course charles, the news of the day. the markets have been powered the last nine months on virus versus vaccine. that seems for a little while the story that will play out in 2021. so who saw zoom coming a year ago, right? so. charles: that's true. that's true. always ex 10 eighting circumstances. cheryl, thank you so much. for more i want to bring in money mapperies their chief strategist, shaw ghailani. i think that will be, i say don't buy the dogs of the dow per se but you should be looking at those companies doing well and paying strong dividend. what are your thoughts? >> we definitely love dividend pay

charles: chevron, give me the names and symbols quick. >> chevron, ping and we like service now. those are the three stocks that'll get you through the next few weeks. charles: paypal up $6 right now. rob, thank you very much. liz claman, the markets seesawing a little wit. over to you. liz: well, you know, the s&p had been lower. what's interesting as your guest just said, we are seeing a rally. the breaking news on this friday, president-elect joe biden says the nation needs to spend billions more for vaccine distribution and trillions for different types of plans to pull this economy up and out of the pandemic blues. this as he beefs up his economic team. in just the last hour he introduced nominees to head up commerce, labor and the small wiz administration. we're going to game how they plan to heal a jobs market punished by the pandemic and move forward after the trump trade war with china and europe. the dow is still lagging though just a bit, way off its lows though. that's a reflection of concern about the labor market. blue chips lower in this final hour, just by 11 poin

levered on where energy prices are headed because the s&p 500 is dominated by names like exxon and chevronat the energy space and say the last time oil was priced in the low to mid-50s back in february before covid hit. most of these stocks were 40% to 50% higher and we thought they looked cheap then. so we think that area is pretty attractive >> i ask you because i noticed yo yo yo your percentage of your weighting was low relative to others of the market and financials you really like, right? >> we do, and you don't need any creative math to make the financials look cheap. most of them are selling somewhere around book value and it's single-digit p-es on future earnings a good example is ally financial and it seems i talk about that every time i'm on here and it's our largest holding now in the oakmark fund the stock today traded up to 40 which is the tangible book value. they announced last night that they're resuming share repurchase and the amount they said they'd be buying back in 2021 equates to 11% of their existing outstanding the company has said that they expect within two to th

.>> reporter: that's right, the chevron here in redwood city says every day the last week they have soldour times the amount of tickets they normally do, and tonight, when the sign said $20 million under mega millions, we knew someone had finally won the billion-dollar jackpot, the third largest lottery prize in u.s. history, it has been growing since september, the last time somebody won the odds of being the lucky winner in michigan tonight, 1 in 302.5 million. officials say sales of big lottery games dropped during the pandemic, i spoke to one player who said he couldn't resist a chance at winning $1 billion.>> whoever won, congratulations. [ laughter ] it sucks, but such a limited chance. >> tell me about what your strategy was? baker we got a big group together, 12 of us, and pitched in $10 each. >> reporter: no such luck, but there were some winters in california, the top prize was $11,000, 26 tickets matched four of the five numbers plus the mega number. live in redwood city, betty yu. >>> in case you missed them, the winning numbers, 4, 26, 42, 50, 60 and a mega ball of 24. >>> m

chevron cut to a whole, were that chevron is lagging behind in renewables, there still got the price part of bitcoin going mainstream and when the world's largest money manager black rock allows its comments to access bitcoin trade, that is a big deal because they oversee about $8 trillion worth, that means average investors can get in not just black rock, paypal, all have hundreds of millions of accounts to allow bitcoin trade, bitcoin is down roughly 15 - 20% the past few days and 100 billion wiped out a crypto market because of concern of government regulation all by janet yellen what is she going to do when she comes in as treasury secretary when she comes of illicit use of crypto currency, people asked me about crypto currency and i say you have to be prepared that it might go to 0 and you might have a very strong stomach. stuart: the leader of the world's most important central-bank insane watch out bitcoin and crypto you have to get a little nervous i think that's why were down to 31000 right now. check the big board one more time. we are down 16 points, that is a tiny fractio

reverend chevron williams and reverend long to make the content because i know you are all over the world. i'm glad you are here. tell us about your calling, because it is phenomenal to have you, the pastor. >> owing to the church or calling to ministry? i am the daughter of a pastor. my father, who recently passed in december, was reverend dr. mt thompson. i didn't know that. >> i have grown up a church grow all my life and went through the things young adults go through when you question faith, theology and how headlines of the things you are experiencing in life and things happening around the world. i began seeking a diff deeper relationship with god. i started teaching emma clements high school. >> sorry for what they are going through. >> yeah and we need to be in protest about that. but, encountered some kids who i realized, which my desire to go into law and politics is not enough. that they needed a transformation deeper than anything external. the only thing i could impart to them besides what we did in the classroom is what has sustained me up to that point, that was my face an

personal income and spending, pending home sales, and consumer sentiment plus earnings from caterpillar, chevron, and eli lilly. robin hood says it will allow limited purchases of gamestop, amc and other heavily traded and volatile stocks today after the popular brokerage app restricted trading of companies caught up in a recent wave of buying spurred by a message board on reddit. that attracted criticism from lawmakers on capitol hill and others as well as a lawsuit from some users. robin hood's ceo telling cnbc the firm restricted the trades to protect both the company and its customers and not at the direction of any wall street firm or hedge fund. >>> vacations are back on the minds of americans as covid-19 vaccines continue. a survey finds that 56% of the people say they are likely to travel for leisure this year. 48% say that willingness to travel is not as tied directly -- is tied to vaccines in one way or another. business travel is not expected to return to prepandemic levels until 2023 or 2024. those are the latest headlines from and have a nice weekend. >> you too. we'll dream about o

chevron slashed their spending after kobe fucked with their finances and b.p. says oil demand may never rebound to preplan demick highs as the world shifts to renewables and now that we do have big oil on the ropes you may be wondering how it's possible to give big oil the ivan drago treatment without killing as many rounds as there are rocky movies and 2020 alone increased activists scrutiny of permits and environmental impacts ultimately canceled the atlantic coast pipeline halted construction of the keystone x.l. pipeline in the u.s. and as of november 3rd the eventual shut down of the enbridge line 5 pipeline in michigan where an end bridge representative tried to vouch 7 for the safety of a 63 year old pipeline to a shirtless activist covered it all boils and another activists it was pretty upbeat given he's at risk for choking on oil and being harvested for caviar but if you're not comfortable enough to slather yourself with oil or shake your fans there and fossil fuels you can start by seeing if your college your bank or even your employer has investment

now called beyond petroleum they have invested millions and millions of dollars as well as shell chevron total valero all of them are getting into the noble energy biofuel game and that's what they're going to have to do over time hopefully the collateral damage in the meanwhile while we switch will be to. rates for people who really depend on those jobs you know we have so many especially like we said with the high unemployment rate who who are dependent on these jobs chrystia back to these short squeezes really quick these continuing names like game stop express or bed bath and beyond and others who are who are the real winners and losers here i mean we have about a minute left. well right now we have one of the 1st biggest losers emerging melting capital was the 1st casualty of this bull raised to her in massive massive losses so they're set to receive about 2750000000 dollars in capital injections from a hedge fund giant that it out of point $72.00 which is basically a bail out so that melting can even pay down its margin call so essentially melbourne has now told a losses of 30 perc

chevron helping to destroy our planet with their carbon emissions, $180 million in rebate . my friends is what socialism for the rich is . socialism for the rich is not in the midst of this terrible pandemic putting a $2000 check into the hands of working families. president, the truth of the matter is that as a result of this pandemic, we are living through the worst and most difficult economic period since the great depression. tens of millions of families are facing eviction. all over this country in the wealthiest nation on earth . moms are struggling to feed their kids . keep the electricity on . and the to go to the doctor. i hear from our public and friends that the economy is doing better . but i would like to just read to them a few of the stories that i have received in my office. i asked people simple question, how are you doing out there . what's going on in your life and we received many thousands of responses from people in this country . you. just to bring some dose of reality to the united states senate which often in the midst of all the campaign contributio

if you look at chevron shares right now.hey have been a huge und underperformer, they're getting an upgrade they're putting 113 price target they like better free cash flow prospects. they think that the under performance is an entry point. they say it's a buy equivalent ratings. chef ro chevron one of the stocks this morning. we talk about tesla and bony tesla has outperformed bony with the massive bony rally we have seen over the last couple of months if you take a look at huge spikes in both stocks, since the pandemic lows if you look at tesla stock, it is up over 1,000% since its lows in march the respective lows for bony here up only, i can draw that one over here, roughly 750% there, so if you look at that, tesla is also getting an overweight today right now andrew by the folks at ever core, the inline or a neutral rating, a $650 price target. it's a mea culpa bony bitcoin is over a trillion dollars, right in line with alphabet, the parent company of google back over to you guys. >> thanks, dom, appreciate it. when we

electric vehicles, i will be talking about a version of that later on today with the president of chevronventures. they invest in startups that will be key to the energy transformation. guy: it will be the highlight of my day. i'm looking forward to it. alix: you are mocking me. [laughter] guy: i am not mocking you. this is bloomberg. ♪ guy: from london, i'm guy. alix steel -- guy johnson. alix steel is in new york. we are counting down to the european close. the eu close to export limits. germany is recommending the astrazeneca vaccine only for those under 65. this comes ahead of a final ruling on the shot. and in terms of what we are seeing out of the u.k., there is a possibility that the u.k. could provide assistance to those in the eu. the question is, can it be achieved without affecting the u.k.'s vaccine rollouts as well. astra's stock is under pressure. we have also seen a reversal in the move shortage stocks. a great deal of volatility with airline stocks, initially spiking as we set a similar

. >>> in the east bay, a flare from the chevron refinery in richmond could be seen for miles, tonightter, shows that bright, orange flare, just lighting up the sky. we could, also, see it f our toc 7. the refinery tells us a unit did, indeed, malfunction but the flaring is a normal part of keeping the facility running safely. it relies -- relieves pressure, i should say, so equipment can be keep working. in santa cruz today, it almost looked like summer. this video of the beach about 4:00, this afternoon. you can see there, a decent number of people, still, enjoying the warm waerkt eathere beach. here now with a look at the forecast is abc 7 meteorologist drew tuma. >> hi, dion. today, away from the coast, most of us made it into the low 70s. well-above average for this time of the year. and that warm weather will continue, for another day, tomorrow. tonight, temperatures are falling into the 40s and 50s, right now. and overnight, tonight, we'll see a little bit of coastal-cloud cover hanging on. but most of us, away from the immediate coastline, dealing with mainly-clear skies. and a