katie: i want to talk more about pricing.f the food companies, pricing is still an issue. i spoke to the ceo of mondelez last week, and they will have to continue raising prices on a lot of their products. the price of cocoa has been going up for a while now. when you look across your portfolio, are you having to increase prices still, what is the strategy? mark: first of all, we take a very prudent approach to pricing. in our portfolio, across our categories, we offer a spectrum of values. we have brands that are more affordable, more premium. we have something in each category for all of our consumers. although we view we are generally in an inflationary environment still, we pass on price declines as well, which we did in the last six months on coffee. we want to make sure we are focusing on the consumer needs, being thoughtful when we need to take pricing actions. katie: that is an interesting point on coffee. would you expect to pass on more price declines on some of your other products as well in the future? mark: commo

katie: i have a two-part question.o you think and hope other big tech companies will follow that here. thinking about amazon famously does not offer dividends, how do you think they are viewing this? mark: amazon is a bit of a different am an old -- of an animal. they have an allocator on their cash. as far as an investor standpoint, i would rather have the company that has the opportunity to invest the cash then give it back. if you look at where the return profile will be for meta the next five years versus the last five years it will be lower. unto itself. it may outpace companies like we talked about online, industrials, etc. but it will be lower because of the fact they are paying out that cash. katie: i was joking in the commercial break it seems like a bit of a pair trade going on. there are the met -- the meadows of the world as well as the big banks that you are not as excited about. jane frazier has been pretty aggressive in that restructuring plan. mark: she has her plate full and she's been clear about the

katie: thank you so much.oming up, bitcoin soars over 60 thousand dollars, pushing toward a new record high. we will look at what's driving that rally and if it can keep up the momentum. this is bloomberg. ♪ something amazing is happening here. retailers are moving inventory quickly and securely. that's because cdw designed and built a solution with cisco security. end to end protection, defends against attacks and makes better decisions in real time. so warehouse and customer data stay protected every step of the way. make amazing happen. cisco and cdw. katie: bitcoin is on its way back to the moon with prices of the cryptocurrency climbing back toward record highs as billions of dollars flood into the newly launched spot etf's. for more on this, you take a look at the numbers and the fact that we are well above 60,000 once again on bitcoin, do you think we would have this conversation had you not finally seen the launch of those spot bitcoin etf? >> being virtually at all-time highs, six or $7,000 off of tha

katie: with home prices falling.ket we are in, where home prices have fallen the most is austin. oh -- what we have seen is the markets that have seen the biggest covid boom are on the other site. they have the biggest pricing correction. but i think the pricing corrections across the different markets, they have settled down. i'm not seeing prices month over month decline. it was more year-over-year. at this point the market is feeling much more stable and they have corrected. katie: what trends are you seeing coming back to the supplier conversation? what trends are you seeing when it comes to existing homes coming up for sale versus actual new supply? robert: there is not enough inventory. there is more buyers than sellers. in a -- and existing homes are the bottleneck. the biggest winners in the last two years are the homebuilders. new construction. for two reasons. one, because buyers want things that are move-in ready. they want new. i don't want to buy a home and spend hundreds of thousands of dollars fixing i

katie: welcome to bloomberg markets. i'm katie greifeld. it's time for the stocks of the hour. shares of etsy and wayfair lower earnings today and tomorrow respectively following muted outlooks from retailers reporting this week including walmart and home depot. joining us to help break it down is stacey widlitz president of sw retail advisors joining me on set to discuss. let's start with walmart. i think everybody heard the cfo say that consumers are being choice for in spending -- choiceful in spending, still spending but may be trading down three that seems to be good news for walmart. what is it mean for some of its competitors? stacey: not only are current customers for walmart trading down but they are getting the wealthier customer. larl in grocery it's coming from wealthier people may be over $100,000. perhaps that is taking a little from target. if you buy food at walmart you will probably by other things there as well. but absolutely consumers are very value-oriented still looking for bargains, particularly, as food inflation, wh

katie: katie: luxury katie: -- katie: luxury eeev maker lotus trading on the market today.oining us now for four from the nasdaq is elected -- is alexious lee. great to have you with us. let's talk about timing because lotus tech has been looking to go public since at least early 2022. why now? alexious: good morning. thanks for having us today. lotus right now is 80 years old. we are in a good position. we have developed more cars. we think we are in a unique position where we are early movers in this space. we have made a commitment to do full electrification and the listing will enable us to execute our strategy and fulfill our commitments to shareholders and investors. katie: when it comes to going public in 2024 versus 2023 or 2022, is there anything we can extrapolate their from this is lotus tech's thinking on the public market appetite and appetite for ipo's? alexious: we have raised $880 million from this transaction. it's a sign of confidence from investors that the lotus brand is well as an early mover in a segment of the ev market. if you look at the results of

katie: welcome to "bloomberg markets." you take a look at these markets right now, and we're looking at a down day. the s&p 500 currently off by about .2%. and then the story gets worse from there. you take a look at the nasdaq 100, currently off about .7%. and then finally, i make my way to the philadelphia semiconductor index, currently off by more than 1%. that's as we await those nvidia earnings after the bell today. nvidia down in expectation, but that's after it's up 40% this year already. and like i said, goldman sachs called it "the most important stock on earth." and we have wall street waiting with bated breath for their earnings after the bell today. investors really looking to see if the company can hit the sky-high expectations it's facing. joining us now to help break it down is mandeep sinning of blood vessel intelligence. when you look at what's going on in the stock, is there any way that the fundamentals can match? mandeep: i mean, for the last few quarters, we have seen what they have done in terms of th

katie: good luck to us all.oming up, apple hits the brakes on its decade-long journey to building ev. more on that decision. this is bloomberg. ♪ ♪ (upbeat music) ♪ an ever-changing landscape comes with challenges. from our vantage point, we see opportunities. as a top-ten real estate manager, principal asset management harnesses the power of a 360° perspective, delivering local insights and global expertise across public and private equity and debt. our experienced teams are uniquely positioned to uncover compelling opportunities in today's market, giving our clients an exclusive advantage. principal asset management actively invested. katie: after a decade-long effort to build the icar, apple pulling the plug, planning to shift some 2000 employees working on the project into ai and there will also be layoffs. for more, we are joined by ed ludlow. this feels like the end of an era. what does this mean for other ev acres -- makers, tesla, apple cannot get this done why would they be able to? ed: if apple ever go

nancy: i think so, katie. it happened in a previous wave with microsoft and apple and that's when we got into the names. it tended to be historically a signal that growth was over. and so when growth companies initiated a dividend, there was this general feeling that they couldn't grow anymore and they didn't have anything better to do with their cash. i don't think that's the case here. and i'm glad to see it. we saw an announcement from disney that after they reinitiated their dividend, they're going to raise it again very significantly in july. so i think that is a trend that will continue. i've been arguing or asking for a dividend for google for about two, three years and i haven't fallen on deaf ears. but i do think you want to pay attention to the free cash flow of these companies like an amazon that's going to be generating $100 billion in free cash flow. they're going to have to buy back shares and homely -- hopefully enjoy the dividend. katie: that is nancy tengler. x is teaming up with the wwe for a

katie: a lot of look forward there.was looking to get upset and worried about something in this report where would i find it if at all? >> when we unpack the earnings and offer up the positive which were a lot. i don't want to take anything away. they found a few things not about getting worried but keeping in mind. one thing is when we look at the quarter beat, most of the growth was driven from china revenues. that something to keep in mind. second when we look from the licensing, this is not something they expect to continue with this fund rate. licensing will always be lumpy. when you see a lot more licensing for sign-ups currently. you expect some sort of decline sometime next year. those of the two things people need to pace themselves. >> really appreciate you waking up for us on the west coast. let's bring back into this conversation the chief market strategist, you have the arms of the world surging. and then you have snap for example tumbling 30 5% just about yesterday on the heels and we talked about this a f

katie: absolutely.er it is geopolitical or the weather, it feels like the supply chain can never truly get organized. you mentioned supply and demand. i want to talk about those dynamics when it comes to corn. u.s. farmers just harvested a record crop. truly astonishing. they do not want to sell because of the prices. how do you trade around that? >> we and ethanol producer in the united states. with north american customers, that business goes on regularly. the domestic flow of grains is steady in the united states and we are ac tat. the u.s. trade export on corn has declined with the brazilians taking a share of that market now. katie: what do you think will finally be the catalyst for them to sell meaningfully? is it getting to a certain price on corn or some other factor? >> we have seen a reset in prices the last couple of months. farmers at the time of harvest were seeing good crops. they will need to come to market with grains at lower levels than they benefited from the last two years. think it

katie: that's the inventory side.'s talk about demand as it relates to prices because caterpillar said it expects to increase prices this year to offset the higher cost when it comes to raw materials. how much pricing power does a caterpillar have at this moment? kristen: i'm looking at 2024 being a tale of two stories when it comes to price. first half of the year really benefiting from some of the rollover pricing they put in place in 2023. back half of the year maybe that softens a little bit as the rollover price comes on. but we are also dealing with that dealer normalization. 2023 really strong pricing. 9.5% for the full year. 2024 earnings will have to be driven more by productivity, cost controls because we are looking at something that goes from 9.5% to just about 1.1.5 one-one point 5%. >> caterpillar is seen as this big economic bellwether really for the entire globe. is there anything to that from what we saw from caterpillar about some of its competitors for example? kristen: beyond just historically bein

while katie porter fights for you. for senate - democrat katie porter. katie porter and i approve this message. are jay blakesberg will be there with his camera. we're off to san francisco for a tour of a new exhibition documenting his long career. jay: let's see, what do we got here? is bob dylan and neil young at the greek theater in berkeley. this is a portrait of joni mitchell at the st. francis hotel down in union square. joe: let's face it, the majority of life's moments disappear into time. jay: but this is at the i-beam on h street. joe: but so many magical musical moments live on. jay: this is the kronos quartet. joe: through the lens of jay blakesberg. jay: this is david byrne. joe: the camera first captured him when he was a teenager growing up in new jersey. jay: jorma kaukonen from the jefferson airplane in hot tuna, that was the first time i was ever published in print. i would go like this and i would move the camera. joe: it was music that pulled him to the bay area. i took a greyhound bus from new jersey to san francisco to see the grate

katie: good news is coming hot and heavy.e heard from the newly appointed executive chairman who said he was going to do what is necessary to build capital which could include selling assets and loans. matthew: if you look at the playbook for what a silicon valley bank did, what pack west was doing, you want to see what assets are sellable now and you don't -- won't take too much of haircut on. this is the play we've seen for banks that are stressed. katie: matthew, thank you so much. it's time for our daily wall street week segment. we will pivot from banks and take a look at the challenges and opportunities in the fast casual food industry from weight loss drugs to ai. joining us is the panera founder , the chairman and lead investor and the author of know what matters as well as david westin. fast casual is very hot. david: food as well as dress as i understand it. tell us how do you define for yourself and everyone else the segment of the market that you are trying to own? ron: it is essentially trying to appeal to consum

. ♪ >> i'm katie our foot in new york.ake a look at these markets right now and it is pretty quiet, but it is lower. the s&p 500 currently off by 6/10 of 1%. as we get through fed speak and earnings, not too much movement. a little more movement if you take a look at the likes of big tech with the nasdaq 100 currently off by more than 1%. nvidia reports tomorrow. we will see what that does. i did what to highlight capital want to highlight capital one -- i did want to highlight capital one, buying discover. for more on that deal,, sonali basak joins us now. we are looking at the biggest deal of the year. sonali: one of the biggest since the financial crisis. discover shareholders will get 40% of the combined capital and they will become the number one card company by volume in the country. this is a deal expected to close at the end of this year or early next year and in the meantime they will face regulatory approvals in that process. we know many of those regulators have already started to tighten up. the way they look a

katie: we will see what it is like today.ou are thinking about the year of efficiency meta delivered a gain of 194%. ed ludlow, i know that you will be busy. thank you for spinning time with us. let's turn our analysis to the regional lenders. the new york community bank is spreading concerns over commercial real estate. the bank had a record one they plunge yesterday after reporting massive credit losses. citizens financial group ceo spoke to bloomberg tv earlier today about the news and how he is viewing the regional bank landscape. >> for the most part everything is in the rearview mirror now. there were a few it eoc and credit rank failures, -- a few idiosyncratic bank failures and things are starting to feel more normal. yesterday's announcement was a bit of a surprise. i think that that's an outlier. katie: here to help make sense of it all, we have hermann chan of bloomberg intelligence. talk to us about what we learned. how surprised were you? hermann: it was surprising. the dividend was cut to five cents a share. the

while katie porter fights for you. for senate - democrat katie porter.'m katie porter and i approve this message. two leading candidates for senate. two very different visions for california. steve garvey, the leading republican, is too conservative for california. he voted for trump twice and supported republicans for years, including far right conservatives. adam schiff, the leading democrat, defended democracy against trump and the insurrectionists. he helped build affordable housing, lower drug costs, and bring good jobs back home. the choice is clear. i'm adam schiff, and i approve this message. did my legs shrink? i can move them. i mean, i knew alaska airlines' premium class had extra legroom but this... this feels different. okay. crazy idea. on the count of 3... i'm going to try and cross my... ohhhhhhhhhhh boyy that's nice. woooooo! ( ♪ ) growing up, my parents wanted me to become a doctor or an engineer. those are good careers! but i chose a different path. first, as mayor and then in the legislature. i enshrined abortion rights in our califor

while katie porter fights for you. for senate - democrat katie porter. i'm katie porter and i approve this message.

while katie porter fights for you. for senate - democrat katie porter. i'm katie porter and i approve this message. >>> right now at 5:30, a key ruling in former president trump's effort to avoid prosecution for alleged attempts to overturn the 2020 election. >>> a jury in michigan reaching a verdict in the trial of a mother charged after a deadly school shooting. >>> in southern california, residents are digging out from mounds of debris due to this powerful storm system that's battered our state over the last few days. those storms trigger nearly 400 mud slides and landslides and even a tornado warning earlier today. >> it was crazy. reporter john many will be feeling the impacts of this storm for weeks and months to come. >> reporter: pj bearfield said it felt like an earthquake when a mud slide crashed through his l.a. home without warning. the massive gush of debris knocked out the back walls of his home, destroying his bedroom as he slept, coating everything in thick sludge. >> literally it happened in three seconds. rumbling, big bang, throwing de

while katie porter fights for you. for senate - democrat katie porter. i'm katie porter and i approve this message. >>> as anticipated, a wet valentine's day. that is why today is a first alert weather day. not because of the damaging weather. it is very inconvenient. the damaging weather goes up over the weekend. today's rain is just the first in a parade of storm systems. it's going to move through over the next several days. rainfall amounts have been modest. looking out from the mark hopkins hotel, ranging from an inch of rain in the north hills, the north bay hills. two-thirds of an inch of range in the santa cruz mountains elsewhere. generally less than a quarter inch so far, but it continues to rain and we will keep those numbers updated throughout the rest of the evening. the narrow cold front marched through the peak of rainfall. you can see it advancing to the east. another band of rain offshore to work its way through before everything will quiet down over the next late night and early morning hours. just a slight chance for the lingering pop-

while katie porter fights for you. for senate - democrat katie porter. i'm katie porter and i approve this message. >> from the bay area's local news station. you're watching kron. 4 news at >> now at 5, another deadly mass shooting in america at this time, the kansas city chiefs super bowl victory celebration turned tragic in chaotic. people took off

while katie porter fights for you. for senate - democrat katie porter.ie porter and i approve this message. growing up, my parents wanted me to become a doctor or an engineer. those are good careers! but i chose a different path. first, as mayor and then in the legislature. i enshrined abortion rights in our california constitution. in the face of trump, i strengthened hate crime laws and lowered the costs for the middle class. now i'm running to bring the fight to congress. you were always stubborn. and on that note, i'm evan low, and i approve this message. two leading candidates for senate. two very different visions for california. steve garvey, the leading republican, is too conservative for california. he voted for trump twice and supported republicans for years, including far right conservatives. adam schiff, the leading democrat, defended democracy against trump and the insurrectionists. he helped build affordable housing, lower drug costs, and bring good jobs back home. the choice is clear. i'm adam schiff, and i approve this message. ballots th

while katie porter fights for you. for senate - democrat katie porter. i'm katie porter and i approve this message. >>> home of super bowl lviii between the 49ers and the chiefs, this is kpix cbs news bay area. >>> right now at 5:30, a live look from allegiant stadium in las vegas where super bowl lviii kicks off in less than three days. >> can't wait. >> and the 49er faithful are flocking to las vegas to get a taste of all the excitement, but most of them don't have tickets to the big game. >> the lucky fans who did get a ticket are spending big bucks to watch in person. ticketmaster is the nfl's official ticket platform. this afternoon the cheapest ticket you could find was more than $6,300. >> wow. >> the most expensive ones, they're going for up to 50 grand. >> all for one ticket to one game. that's amazing. one big reason prices are so high, so-called ticket hackers who use automated programs to scoop up tickets before fans ever have a chance. >> juliette joins us live from las vegas once again with the push for a solution. juliette, we know you hav

while katie porter fights for you. for senate - democrat katie porter. i'm katie porter and i approve this message. you want to see who we are as americans? i'm peter dixon and in kenya... we built a hospital that provides maternal care. as a marine... we fought against the taliban and their crimes against women. and in hillary clinton's state department... we took on gender-based violence in the congo. now extremists are banning abortion and contraception right here at home. so, i'm running for congress to help stop them. for your family... and mine. i approved this message because this is who we are. >>> here we go into another wet weekend. every friday in 2024 we've featured an adoptable dog from the animal shelter in dublin. mabel here is looking for her forever home. i'll put up her information, a link where you can find out more about her on social media after the weather-cast. she'll have to pay her visit indoors tomorrow with the first atmospheric river headed our way. let's look at what you need to know heading into a first alert holiday weekend

while katie porter fights for you. for senate - democrat katie porter. i'm katie porter and i approve this message. shield wipers are in full effect . good evening. i'm ama daetz. and i'm dan ashley. >> thanks for joining us. right now we're tracking another round of rain. take a look at the conditions from our live cameras all across the bay area. yeah. and this is just the first in a series of rainy days ahead for the details, let's get to abc seven news meteorologist sandhya patel. >> sandhya. yeah. >> and dan and what we're basically looking at is the wet weather just beginning. it is going to continue for about a week. let's talk about live doppler seven and where the rain is right now. we are seeing some pockets of moderate rain falling in san francisco. as we get you into street level radar mission street heading down towards pacifica, highway 101. highway one skews me as we go and track that cell. it's heading towards brisbane at 516 509 into south city, so be careful. there may be some downpours where you are from the north bay and san rafael wh

while katie porter fights for you. for senate - democrat katie porter. katie porter and i approve this message. growing up, my parents wanted me to become a doctor or an engineer. those are good careers! but i chose a different path. first, as mayor and then in the legislature. i enshrined abortion rights in our california constitution. in the face of trump, i strengthened hate crime laws and lowered the costs for the middle class. now i'm running to bring the fight to congress. you were always stubborn. and on that note, i'm evan low, and i approve this message. two leading candidates for senate. two very different visions for california. steve garvey, the leading republican, is too conservative for california. he voted for trump twice and supported republicans for years, including far right conservatives. adam schiff, the leading democrat, defended democracy against trump and the insurrectionists. he helped build affordable housing, lower drug costs, and bring good jobs back home. the choice is clear. i'm adam schiff, and i approve this message. >>> we

-[katie] yeah, and she has combined them. [katie] it's ready. [tucci] oh wow. -[katie] smell it.wow, rich. -[tucci] oh yeah that's nice. don't forget about this bread. -oh wow, yeah, nice and hot too. -[katie] so good. yeah. mmm. that's great. thank you. [laughs] -great. -this is really special. and i think it's a really good demonstration of what sara does really well which is taking roman classic flavors and combining them... -yeah. yeah. -...in a way that's new but not like revolutionary or extra contemporary they just make sense in the cuisine today. sara gets her scalpel into some beef heart and we take a seat in the dining room. what's that? really, this is a really unusual texture too isn't it? alright so if we break down what the offal are we have heart, liver, lungs, stomach... -brain. -...brain, -sweetbreads... -...intestines... -...intestines... -...snout. -snout? -cartilaginous things -on the face? -oh yeah. the whole head really, if you think about it. the whole head. yeah. if pasta is the first pillar of roman food the astonishing use of offal is definitely the seco

while katie porter fights for you. for senate - democrat katie porter. i'm katie porter and i approve this message. the economy is simply not working for millions of hard working families. they're working harder than ever and they still can't make enough to get by to afford food and medicine to even keep a roof over their heads. we need to build more housing that's truly affordable. we need to address this terrible epidemic of homelessness. we need to invest in good paying jobs, union jobs and investments in our future. this, this is why i'm running for the us senate. i'm adam schiff and i approve this message. >>> many piers were closed after the high tides and huge waves of everybody watching, tearing a part of it to shreds. keeping an eye on it as they could close it again if they had to. and that is the reality in which we live now. the good news is this next storm is not that, but we'll have a lot of rain afterwards. and it will be inconvenient for threatening. obnoxious rain. we'll need to call it that. but we do need a rain. >> and the midwinter r

while katie porter fights for you. for senate - democrat katie porter. i'm katie porter and i approve this message. >>> welcome back. san francisco is getting ready for their annual lieu far new year parade that's happening this weekend. so this year's parade grand marshal will be awkwafina and former san francisco mayor willie brown will also participate as an honorary marshal. and the city is expecting a huge crowd to celebrate the year of the dragon. >> the dragon is the most powerful sign of the chinese zodia credit card, known for strength, authority, and wisdom. all the attributes that anyone wish they would have. >> reporter: and sfpd says to keep people safe, they will step up patrols. the parade kicks off at market and second streets at 5:15 p.m. this saturday. >>> as thousands of people make their way to san francisco's chinatown for the parade. most will hit the bakeries to grab a quick treat or two. one favorite spot where people would line up for hours is the golden gate bakery. it's on grant avenue. but the problem is most people don't know

while katie porter fights for you. for senate - democrat katie porter. i'm katie porter and i approve this message. growing up, my parents wanted me to become a doctor or an engineer. those are good careers! but i chose a different path. first, as mayor and then in the legislature. i enshrined abortion rights in our california constitution. in the face of trump, i strengthened hate crime laws and lowered the costs for the middle class. now i'm running to bring the fight to congress. you were always stubborn. and on that note, i'm evan low, and i approve this message. >>> welcome back live from las vegas. when you think of a las vegas hotel and casino, you probably have a very specific image in your mind. but just north of the strip in downtown las vegas, there is a very special gem. it's on fremont street. it's a san francisco themed hotel and casino. our max darrow has the story behind this historic site. good evening, max. >> good evening, we are here live at the golden gate hotel and casino and there are tributes to san francisco everywhere. first you

while katie porter fights for you. for senate - democrat katie porter. i'm katie porter and i approve this message. >>> tonight we respond to a southbay who says he did not get the payment he was promised for his solar energy. >> chris stepped in to break this standstill. >> reporter: keith in san jose has solar panels on his house. each year san jose clean energy pays him for the extra energy he made, but did not use. the past year, he was told he would be getting $224. he did not. despite calls he made for six months. keith asked us to put our energy behind his case. we contacted san jose clean energy and they sent him a check for $224 and told us a partner company did not share metering details in time. sj ce says billing processes some things manually. they are working to automate and speed up in 2024. they believe that the new protocol will eliminate delays like those that keith experience. do you have an issue you can't resolve even after talking to utilities customer service reps? we have a qr code. scanned that to file a complaint at california's

while katie porter fights for you. for senate - democrat katie porter. i'm katie porter and i approve this message. democrats agree. conservative republican steve garvey is the wrong choice for the senate. ...our republican opponent here on this stage has voted for donald trump twice. mr. garvey, you voted for him twice... as your own man, what is your decision? garvey is wrong for california. but garvey's surging in the polls. fox news says garvey would be a boost to republican control of the senate. stop garvey. adam schiff for senate. i'm adam schiff, and i approve this message. >>> a wild story out of florida, a deputy firing his weapon multiple times at a man inside a patrol vehicle after he mistakenly thought he had been shot. well, he was not hit. it turns out an acorn hit the patrol car and the deputy thought it was gunfire. he shot multiple times into the car and another deputy also fired their weapon. this happened back in november when officers got a call of a woman who reported her boyfriend was refusing to return her car. officers searched t

with democrat katie porter. i'm katie porter and i approve this message. the economy is simply not working for millions of hard working families. with democrat katie porter. they're working harder than ever and they still can't make enough to get by to afford food and medicine to even keep a roof over their heads. we need to build more housing that's truly affordable. we need to address this terrible epidemic of homelessness. we need to invest in good paying jobs, union jobs and investments in our future. this, this is why i'm running for the us senate. i'm adam schiff and i approve this message. >>> welcome back. >>> president biden left the bay area. he was there for fundraisers and then in los altos this afternoon, but protesters were sure to take the opportunity to call for the president's action in demanding a ceasefire in gaza. nearly two dozen protesters waited near the fairmont hotel where president biden was staying. the president then made his way over to los altos hills for a fundraising event and he arrived there to a group of supporters outsid

while katie porter fights for you. for senate - democrat katie porter. i'm katie porter and i approve this message. the economy is simply not working for millions of hard working families. they're working harder than ever and they still can't make enough to get by to afford food and medicine to even keep a roof over their heads. we need to build more housing that's truly affordable. we need to address this terrible epidemic of homelessness. we need to invest in good paying jobs, union jobs and investments in our future. this, this is why i'm running for the us senate. i'm adam schiff and i approve this message. >>> first alert weather in the sierra is getting hit with notice and more is on the way. the uc berkeley snow lab posted this video. they say they got 13 inches of snow in just 24 hours, but don't get too excited to head up there just yet. >> they'll catch up to both normal snow and snow water equivalent. >> in a matter of what, days? >> the next several days. there's going to be little windows of time to travel up there. >> i like that when you g

while katie porter fights for you. for senate - democrat katie porter. i'm katie porter and i approve this message. two leading candidates for senate. two very different visions for california. steve garvey, the leading republican, is too conservative for california. he voted for trump twice and supported republicans for years, including far right conservatives. adam schiff, the leading democrat, defended democracy against trump and the insurrectionists. he helped build affordable housing, lower drug costs, and bring good jobs back home. the choice is clear. i'm adam schiff, and i approve this message. growing up, my parents wanted me to become a doctor or an engineer. those are good careers! but i chose a different path. first, as mayor and then in the legislature. i enshrined abortion rights in our california constitution. in the face of trump, i strengthened hate crime laws and lowered the costs for the middle class. now i'm running to bring the fight to congress. you were always stubborn. and on that note, i'm evan low, and i approve this message. >>

with democrat katie porter.'m katie porter and i approve this message. democrats agree. with democrat katie porter. conservative republican steve garvey is the wrong choice for the senate. ...our republican opponent here on this stage has voted for donald trump twice. mr. garvey, you voted for him twice... as your own man, what is your decision? garvey is wrong for california. but garvey's surging in the polls. fox news says garvey would be a boost to republican control of the senate. stop garvey. adam schiff for senate. i'm adam schiff, and i approve this message. >>> welcome back. >>> a museum dedicated to the history of african americans found a permanent home in san mateo county. for years the hoskins black history museum operated as a mobile pop-up exhibit but not anymore thanks to a $2 million check from senator josh becker to kick off black history month. the museum will be located inside a 22,000-foot building in redwood city that will now be used to house a large collection of artifacts and memorabilia

>> katie: have to watch your show tonight.ar. >> jesse: i didn't say she would be appearing i said we would have her. that's it for us tonight. have a great night, everybody. >> bret: no johnny soundbite, no panera bread? >> jesse: i'm going to work

with democrat katie porter. i'm katie porter and i approve this message. democrats agree. with democrat katie porter. conservative republican steve garvey is the wrong choice for the senate. ...our republican opponent here on this stage has voted for donald trump twice. mr. garvey, you voted for him twice... as your own man, what is your decision? garvey is wrong for california. but garvey's surging in the polls. fox news says garvey would be a boost to republican control of the senate. stop garvey. adam schiff for senate. i'm adam schiff, and i approve this message. >>> a plan to build more housing in daly city is dividing the community. the jefferson high school district wants to develop land they already own. the money collected from the leases will go towards the general fund, but opponents say it comes at a cost, losing a beloved community garden. >> many people in daly city want to keep the garden and preserve what we have. >> people who live in the community would like quality education for their children

while katie porter fights for you. for senate - democrat katie porter. i'm katie porter and i approve this message. growing up, my parents wanted me to become a doctor or an engineer. those are good careers! but i chose a different path. first, as mayor and then in the legislature. i enshrined abortion rights in our california constitution. in the face of trump, i strengthened hate crime laws and lowered the costs for the middle class. now i'm running to bring the fight to congress. you were always stubborn. and on that note, i'm evan low, and i approve this message. >>> new details about the shooting at one of the largest megachurchs in america, what we're learning after a woman opened fire on churchgoers. >>> more layoffs could be on the way at a bay area tech giant, the announcement expected this week. >>> the recent rain in california is helping grass and brush grow, but all that new vegetation could help fuel wildfires. >>> now one bay area county is taking an aggressive approach to fire prevention. >> john ramos on the plan to target one particular

while katie porter fights for you. for senate - democrat katie porter. i'm katie porter and i approve this message. >>> a janitor is stabbed to death of a park in contra costa. >>> good afternoon. i am audrey asistio. welcome to nbc bay area news. there is a stepping we are hearing about and will bring you more on that shortly. crazy video from over the weekend. a car was set on fire and what san francisco leaders are saying about this. >>> fans love the 49ers and the welcome home they got back after landing out to sjc. >>> and the reason a south bay institution, garlic shop, is closing. >>> a janitor was stabbed to death of the public park, and the family is looking for answers. jodi, what is the latest quiet is any word on the suspect? >> reporter: no word on the suspect. police are saying very little and only saying that they are putting all of their resources into this case. they say that homicides really happen in pleasantville -- pleasant hill so this is unusual . nothing like this has ever happened before out here at pleasant hill part. a makeshif

while katie porter fights for you. for senate - democrat katie porter. i'm katie porter and i approve this message. you want to see who we are as americans? i'm peter dixon and in kenya... we built a hospital that provides maternal care. as a marine... we fought against the taliban and their crimes against women. and in hillary clinton's state department... we took on gender-based violence in the congo. now extremists are banning abortion and contraception right here at home. so, i'm running for congress to help stop them. for your family... and mine. i approved this message because this is who we are. >>> a close call on mount baldy in l.a. county, six hikers were airlifted to safety after getting stuck on the snowy mountain this week. authorities say they received a 911 text message from the hikers indicating they were lost. mount baldy is a notoriously dangerous climb for hikers during those winter months. >>> as we check in with first alert chief meteorologist paul heggen, mount baldy looked covered in winter storm watch a they'll get some snow satur

while katie porter fights for you. for senate - democrat katie porter.'m katie porter and i approve this message. ♪ [storms sound] whatever weather comes your way [wind and snow sounds] weathertech has you covered. [bird chirping] [laughing] with our laser—measured cargoliners. no drill mud flaps and floorliners. to secure your phone don't forget the cupfone. order yours today at weathertech.com. you never know when it's gonna be a weathertech day. perfect weather today... santa cruz as we are bracing for the next level. two storms set to arrive this afternoon. the area along the coast under a high surf advisory as well as the entire bay area under flood watch at 614, a new bill is gaining support from california lawmakers. the measure would allow california universities to employ under documented students without legal work permits. a separate piece of legislation was introduced this week. it allows all state universities and colleges to employ undocumented students who struggle financially. california is home to about 83,000 undocumented college studen

my feeling about katie porter and i also fond of adam schiff, but i think maybe i'm leaning toward katie porter. possibly. and one other big takeaway it was very nice to see a civilized debate, by the way, where people did not scream at each other. yeah, hard to argue with leslie there. it was a fairly polite debate, wasn't it? next up, voters will have their say during the primaries in march in san francisco, zac sos, ktvu, fox two news today, san francisco elections officials began processing vote by mail ballots that have been received for the march 5th primary. staffers will verify signatures on the ballots, then will open and process the ballots daily. the department says they will work to verify signatures on every vote by mail ballot within a day of receiving them. san francisco voters can track the progress of their ballots on the voter portal at sf elections. .org, and the public can observe ballot processing in person at city hall or by live stream. and our election coverage continues on our fox local app. it is free to download on your smart tv. israel rescued two hostages, bu

while katie porter fights for you. for senate - democrat katie porter. katie porter and i approve this message. the economy is simply not working for millions of hard working families. they're working harder than ever and they still can't make enough to get by to afford food and medicine to even keep a roof over their heads. we need to build more housing that's truly affordable. we need to address this terrible epidemic of homelessness. we need to invest in good paying jobs, union jobs and investments in our future. this, this is why i'm running for the us senate. i'm adam schiff and i approve this message. >>> just a terrifying moment inside a hospital in austin, texas, as a car plows into the lobby of the emergency room, killing the driver, injuring several other people. this all happened at the st. david's north austin medical center yesterday. that crash sent people scrambling for safety. police say the driver was pulled from the car, but died at the scene. five other people were hurt including two children. they were taken to nearby hospitals. >> ma

while katie porter fights for you. for senate - democrat katie porter. i'm katie porter and i approve this message. democrats agree. conservative republican steve garvey is the wrong choice for the senate. ...our republican opponent here on this stage has voted for donald trump twice. mr. garvey, you voted for him twice... as your own man, what is your decision? garvey is wrong for california. but garvey's surging in the polls. fox news says garvey would be a boost to republican control of the senate. stop garvey. adam schiff for senate. i'm adam schiff, and i approve this message. >>> it is one of the most scenic drives around, but this stretch of the pacific coast highway in malibu isn't looking so great after the recent storms. let the whole row covered in rocks and mud. no word tonight on when it might reopen. >>> and that is nothing compared to this slide in nearby malibu canyon. it could be closed for days. >>> there is this mess about 60 miles to the north in ventura county. highway 150 is under there somewhere. >>> the bulldozers, they are lookin

while katie porter fights for you. for senate - democrat katie porter. i'm katie porter and i approve this message. >>> afternoon and welcome to nbc bay area news at 4:30. we are going to show you some of the damage left behind by one of the strongest rooms we have seen this season. we have a wet we can store and we are seeing showers right now. we will let you know what to expect over the next few days. we are also going to take your to sin city. let's go ahead and begin today with a look at the storm that swept into the bay area. it turned deadly in the santa cruz mountains and boulder creek. a tree fell into a home killing a 45-year-old man and in another part of town half a dozen redwoods came down crushing another house. the homeowners so showed us what was left inside and how much worse it could have been. >> were you near the street before it conduct? suspect just like two minutes before. >> a few minutes before? >> yes. if i did not get up and move, i might not be alive, i don't think. >> robert will be joining us with more images and harrowing s

while katie porter fights for you. for senate - democrat katie porter. i'm katie porter and i approve this message. two leading candidates for senate. two very different visions for california. steve garvey, the leading republican, is too conservative for california. he voted for trump twice and supported republicans for years, including far right conservatives. adam schiff, the leading democrat, defended democracy against trump and the insurrectionists. he helped build affordable housing, lower drug costs, and bring good jobs back home. the choice is clear. i'm adam schiff, and i approve this message. >>> a record 124.3 million viewers caught the game on cbs. the biggest audience on american tv since the apollo 11 moon landing in 1969, wow. well today the 49ers players and coaches stopped by the stadium for the last time this season. and they were still hurting here today. >> it's got to be tough. you spend six plus months. and that is without. only to have to come back in may for the camp. now the moving boxes for out for locker room clean up today. an

katie: really appreciate your time today.t is dirk dirk van de put -- dirk van de put of mondelez national. abigail doolittle has more. >> we are looking at a bullish day for markets. for the s&p 500, we are looking at the best day of the year. that is true for the nasdaq 100 as well. for the s&p, it is the best day since may of last year my having to do with a blowout quarter from nvidia, its best day since may when it put up that first blowout quarter in outlook. all things good with nvidia in terms of growth. the technicals are interesting because over the last couple days i have been talking about how overextended the chart looks. we take a look at this chart that i created today. one reason yesterday to think nvidia is going to fall back to earth further is this is the year to date uptrend. into today, it had broken that uptrend. it is rare that you see a stock overtake that uptrend. that is what nvidia is trying to do now. look at the rsi. it is lower than the highs here, so this record high may not be surprising if at