that's what you're weighing with palo alto, because it's best of breed. >> let's get more on palo alto's results. joel, we're trading above it. tim thinks this could be worth 250 to 260 bucks. do you think you need to up your price target after this. >> >> unfortunately i can't say what i'm going between now and when the call is over, but i'd agree with you. i'm on the call right now, it's actually been broken into two calls. first call is the earnings report, and now they're talking about the mid to longer term forecast, and i think that's going to be the more interesting part of the call. >> ah, i see. that makes a lot of sense. you have this at a buy rating. you and again, you can't say what you'll do if you make any changes, but from the result, what did you like? is there anything there you still have questions about you want to hear more about on the second call for medium to long-term planning? >> the street was expecting fireworks. we got sprinklers so far. i think that's been the consensus. frankly we were in the position we didn't think they could announce anything too bad or t

is he names palo alto. and so that's the foundation of, this story and the railroad is what creates the west as we know it. and he's the guy who's responsible for it, right? you're the head of the railroad. at the same time, throughout the book, i try to make this point that frank norris makes. i think very well that you're dealing with forces, not men, that even the character of leland for leland stanford is this amalgamation of forces that gets turned into palo alto. i just want to read one bit that i feel like is perfect a perfect line from you that could apply leland stand stanford but it could also apply to all of the other founders that we eventually meet in the book which is given the amount of financial chicanery going on not so far behind the scenes, the others may have made the considered decision to let the big oaf stand in front for the cameras so they could receive into the background so he could take the blame. but become the great man. well, he gets away with it right? it's a smart move by th

palo alto is tasked with separating out the new left.lding defenses from people in society going forward. i think it is funny and i went and talked about this book and talked about it there are a number of people who were upset i did not credit the countercultural history of palo alto more. there is a countercultural history of palo alto for sure. i was more interested in the new left in writing what i thought was the historical wrongs. maybe i come out a little harsh against the counterculture separating it from the new left. but if that needs to be done is to beg done. the important thing is to understand the grateful dead the band the grateful dead was not the most important thing happening in the world at the time. they are not mentioned in the book. i am sorry if t there any gratel dead fans for the most important thing in the world was the cold war was a struggle over u.s. imperialism and that of the air is a product of another facebook is about. never going to do if your question from if you do mention grateful dead in the book yo

that is why we stuck with palo alto for the trust. i told you, he would deliver another good quarter, and don't say goodbye but i don't talk to many hedge funds come, but i was overwhelmed with people urging me to come out here and tell you to give up on palo alto. so many that i spoke with such confidence, and melody, but they knew nothing. >> they knew nothing! >> palo alto stocks soared 50% today. the quarter was phenomenal. short-sellers, you had an in amazing buy opportunity, but personal managers can themselves to just want the best ceos i've ever met. then, there's the case of, yes, indeed, i had to mention it. your stock does know when to quit, especially when analysts keep battling each other to see where the prices are. for me, price target gained on the stock is painful. >> the house of pain. >> yeah target boosts are based on any news. it is is the same thing over and over again. how many times can we hear, along with the king, see the stock tick up on the same story? beats the heck out of me. over 36 points ahead of wedne

palo alto is a name that you have also held in the past. the cyber security trade, is that something you would be interested in again? are you in anything else right now besides maybe palo alto in the past? has anything else piqued your interest? >> i was hoping palo alto would miss and the hysteria and the woe is me crowd would lead to a miss, but nothing is that obvious. i will be patient. palo alto, i love the company for all the reasons joe mentioned. cyber security will continue to be a place where you have to be, where companies have to spend. as i mentioned, they are even willing to finance it at higher rates to buy their products. crowdstrike is also a good one. frankly, i am not tempted at this level. i would like to see it settle in a little bit before i buy it. i don't regard it as particularly cheap, so i do own it through the joe t, and i am tempted but just not buying stock up 10% on an earnings move, and not that we couldn't see it go up another 10%, and we have seen it do that and momentum is carrying these stocks. >> that's

which is palo alto shares fell.ak, possibly setting a lower bar for tonight's earnings. but the negativity could be overblown and the press release earlier today, they did say they would provide a full-year, 2024 guidance and update medium-term financial goals through 2026. maybe they're being considerate giving them time to update their models. >> i cannot wait until "overtime" to find out what this is? >> are you going to stay tuned past 5:00 on a friday? >> sure, sure. i'll be watching. >> i'm trying to see your expression right now. okay, all right. >> you don't want to see it. you don't want to see it. >> everybody else, please stay tuned. that's what we want to know. >> there you go, thank you. all right. kristina partsinevelos. >>> back to mike santoli. we're talking earnings. can't help but look to next week, mike, and think of nvidia. the two-minute warning just went off. the s&p is going negative. nasdaq looks like it's tracking negative. your thoughts? >> i wish there were a way to handicap this in any wa

palo alto's law would short than to six months. at that point the landlord would have to demonstrate a reason for evicting the tenant and tenants evicted for what's known as no fault of their own, like the building was just being renovated, they're entitled to rental assistance and moving expenses. >> every person who lives here should have stability. >> reporter: angie evans is a co-founder of the palo alto renters association and says the new protections are much needed, especially in the face of an affordable housing crisis. >> we are seeing every single month good tenants acting in good faith evicted by bad actors. >> reporter: but a spokesperson for the california apartment association says the underlying problem is the lack of affordable housing, something this new law will not fix. in a prepared statement he wrote, "the palo alto city council should be focused on insuring more affordable homes are built rather than adding more red tape and regulations." >> they break their lease, you can still evict tenants who are problemat

he has a buy. 30% upside for palo alto.nikesh aurora on monday. that will be a good follow-up to whatever they say this evening. that does it for "the exchange." r ler mathisen is getting ready fo"power lunch" and i'll join him on the other side of this break. so i called innovation refunds. their team of independent tax attorneys will work with your cpa to determine if your company is eligible. [whip sound] take the first step to see if your small business qualifies. the first time you connected your godaddy website and your store was also the first time you realized... well, we can do anything. cheesecake cookies? the chookie! manage all your sales from one place with a partner that always puts you first. (we did it) start today at godaddy.com my cpa told me i wouldn't qualify for the erc tax refund, so i called innovation refunds. their team of independent tax attorneys will work with your cpa to determine if your company is eligible. [whip sound] take the first step to see if your small business qualifies. >>> welcome t

these are unique to palo alto. they're small business districts that are protected, zoned and they're for the convenience of the neighborhood people to be able to walk and bike to local businesses without getting in their car. >> reporter: mike agrees. he says it's time to protect small businesses in the area before it's too late. >> the smaller merchants are obviously like myself are just getting squeezed out. if you don't have the financial wherewithal to fight them, then there's not much you can do. >> reporter: mike tells me he's going to continue fighting not only to keep his business open, but to keep this part of town alive. >>> a small town california library has some major bragging rights, the postmenopapausal womenen wiwith hr+ herer2- metastaticic breast cacancer arare living l longer withth ki. soso, long livive family t t. long live e dreams. and d long live e you. kisqsqali is a p pill proven to help women live longer when taken with an aromatase inhibitor. and kisqali helps preserve quality of life.

let's start with palo alto, picking up on the report. would you step in front of this much ballyhooed earnings report? >> you know, she really hit the nail in all the really big issues for palo alto networks. this is one that litto advisors owns in their strategies and held for a long time and the fly in the ointment is that it is more overpriced than other stocks. this is -- but it is a leader in its space and microsoft has definitely shown some massive growth on their side and they have a distribution network that you don't want to mess with, so i think that that's going to be something for the future that palo alto networks will have to contend with. they're contending with, you know, competition from fortnite and crowd strike and there are other competitive landscape, but they do still remain the leader. they are expected to slow. that is expected. so i think that the secular play here is still there. cyber security is not going away. if anything it is getting -- the demand is going up and will probably continue to go up as we build

que sus hijos consumieron comida en mal estado >>> almuerzo que se sirve el lunes el 13 escuela de palo altoientos último y los espaguetis estaban quemados >>> según el funcionario que distrito unificado de palo alto un refrigerador en la cocina donde se preparan los alimentos, tenía obstruir el ventilador >>> por lo que la temperatura en el refrigerador aumento provocando que uno de los ingredientes estuviera en mal estado, no solo esos también dijo que un horno que según sus palabras están nuevo puede ser la razón por la que se quemaron, distrito recibió fortalecer los enfermos por la comida en las escuelas (nombre en inglés) y palo verde >>> dijo que mejorar el consumo de la cocina para que estas en los alimentos en seguros, el número exacto de estudiante no fue determinado por el distrito por el departamento de salud >>> hay que tener cuidado porque el distrito distribuye más ese almuerzos gratuitos estudiantes de primaria en las escuelas de palo alto >>> atacan y arrastra una mujer hispana en un robo violento en el estacionamiento de un banco y quedó captado en cámara >>> ojos abiertos

follow -- palo alto networks is run out of -- one of them. there is a relative new kid on the block, abnormal security, and a natives are separate secret company that prayer protects against email attacks. a business fraud, malware, and credential fishing. evan reiser is the abnormal security ceo. we are here to talk about how you are using ai in separate security and how cyber attackers are using it. how are we seeing risks dial up because of the new large language model era we are in? evan: thank you for having me. i think ai is really exciting. unfortunately, criminals are very excited to use the technology. there are three things we see criminals using to take advantage of generative ai. one, even petty criminals do not have cybersecurity skills. now they can use things like chatgpt to become very proficient in technology language skills to launch h phishing attacks. the models allow people to create very sophisticated nationstate attacks even by petty criminals. caroline: you were founded in 2018 before chatgpt and the like. have you see

a vuelto a ocurrir cÉsar padre de familia de palo alto nos contactaron porque nuevamente distrito escolarsus hijos espagueti en condiciones nacional >>> esta serÍa la segunda vez en menos de un mes que se report este tipo de incidentes en escuelas de este distrito. los padres ahora quieren que la mesa directiva tome acciÓn inmediata libertad pedraza hablÓ precisamente con padres de familia y nos informa >>> nicole y evelyn llegaron hasta las oficinas del distrito escolar de palo alto a pedir respuestas sobre la calidad de comida que le sirven a sus hijos en la escuela primaria el caramelo >>> hablÉ con mis hijas y me dijeron mamÁ quÉ creen me mandaron incluso una foto que el espagueti quemado en las orillas todo al rededor y el medio se veÍan partes donde ya tenÍa quemado >>> son la foto del almuerzo que recibiÓ el pasado viernes imÁgenes que son muy conocidas para estas madres que estar alerta de la calidad de la comida de las escuelas de un incidente el pasado 14 de agosto donde mereces goles primarias sirvieron el espagueti con humo y el departamento de salud abrir investigaciÓn que ac

madre de familia y nos informa >>> nicole y evelyn llegaron hasta las oficinas de su escuela de palo alto foto que el espagueti otra vez quemado en las orillas y en medio se veÍan partes donde ya tenÍa ofrecer quemada cabezazo la foto del almuerzo que recibe su hija el pasado viernes, imÁgenes que son muy conocidas para estas madres que estar alertas de la calidad de la comunidad segura desde un incidente el pasado 14 de agosto donde varias escuelas primarias hicieron espagueti con muy quemado el departamento de salud abriÓ una investigaciÓn >>> provocÓ que muchos niÑos el otro dÍa estuvieran enfermos del estÓmago >>> te presenta te diste cuenta de palo alto admitieron que la causa del mal estado del incidente fue aparentemente por mal funcionamiento del refrigerador y que estÁn tomado medidas en el asunto sin un comunicado respondiÓ que la investigaciÓn del caso fue declarada como sedada por el departamento de salud y tiene luz verde sobre mantenimiento en su comida >>> no nos han dado un informe de que se llevaron anÁlisis, estudios o que revisaron los refrigeradores >>> y se quiere res

the event is hosted by the palo alto chamber of commerce and it will be a nice day in palo alto if you're heading out to the festival and across the bay area. lisa is tracking the latest. good morning. good morning, stephanie. >> about 79 in palo alto later on today. so yeah, that is a nice summer afternoon. live doppler seven showing you the fog up and down the coast. right. and looking closer, you'll notice that there is some patchy fog along the peninsula. it's up in the north bay where we have some haze. otherwise hasn't made it to our inland valleys. it's clear in concord and livermore, air quality for the most part moderate. but we do have a bit of a westerly wind. so san francisco and oakland good right now and this will last throughout the day today. before we get into some stronger winds that helps clear out the atmosphere a little bit, but certainly a lot of fires still burning to the north of us . mile visibility, santa rosa. elsewhere, you can see beautiful view here. this is the view from mount tam where it is 58 degrees downtown, 60 in oakland, 61 mountain view in san jose w

palo alto, really good at digitizing stuff, not so good at reading palo alto is really good at digitizing stuff, not so good at reading stuff. so there's a lot of really great material that is digitized and then like left alone and not used for these histories, even though the end of repeating the same historical material from the same five interviews and book after book after book or the vocal interview the guy and asked him to b repeat history fm that of b the book so he can put in this book. answer finding some of that history, oral histories have been recorded that like now has a really great stock of oral histories from the tech industry. so i really got to like play around with sources, and this s the product i hope you all like it. >> grade. let's have a round of applause. [applause] >> thank you, guys. >> and a second ground for the conversation from the audience. [applause] >> this year booktv celebrates 25 years of presenting nonfiction books and authors. >> for the 22nd your interval booktv is live with the library of congress national book festival. >> and since 2001 booktv in

now you are back into palo alto and lightened up on crowdstrike.id i lay that out right >> yeah, i got into a decent price and sold out of it around 146, 147, and sat back after palo alto's earnings i realized let's stop trading, let's stop trading the cyber security names and let's be in the cyber security names the joe etf owns fortinet. and crowdstrike and palo alto are for the long-term and the attacks and exploitations will increase >>> silvana now has our headlines for today. >> well, a federal judge in d.c. set former president donald trump's trial date for march 4th, and she said she would not change the date based on any obligations. sam bankman-fried's bail was revoked earlier this month after he shared his former partner's personal writings with the "new york times." a fire rescue helicopter crashed into a building near ft. lauderdale this morning. two people were injured and transported to the hospital. video shows flames and smoke billowing from the helicopter before it appears to break in half while plummeting toward the ground >> tha

more from palo alto. >> reporter: mike's diner bar is a central part of midtown palo alto. >> i've been here 29 years. i'm born and raised right down the street. >> reporter: now owner mike walu is facing a real problem after dropping off his rent check one day late. he got a letter from the property owner's agent. >> says, we received your check on the 18th, it was due on the 17th, we're moving forward with eviction. >> reporter: he says there was good reason -- >> when i was stuck at el camino hospital admitting my daughter on the 17th, i didn't get to the property management company with the check until the 18th. >> reporter: we reached out to the company for comment and are waiting to hear back. wallou says there have been financial bumps in the road before, and the pandemic also took a toll. >> we've just been financially devastated by this situation because right before covid i did a almost 2.5-year remodel. >> reporter: several other businesses move out so there's been a push by the community to try to support businesses and revitalize the midtown neighborhood. >> there are a num

that's not going to be tolerated in east palo alto, at least 33 rounds were fired during the shootout, and it all happened in front of children and families who were sent running for safety. community leader and pastor paul bahn says residents in east palo alto are relieved that four people have been charged in connection with the shootout and the death of 34 year old ralph fields. fields was the cousin of nfl player devonte adams. both the da and police say tips and evidence from the community played a major role in identifying the suspects. and so the community has stood up. they have both been vocal and they have submitted their information privately and confidentially to the police department. and so that's what we're going to continue to do is community be charged in connection to the shootout is 38 year old luis mariscal being held in santa clara county, 21 year old miguel bracco montes, 49 year old bobby williams and 20 year old michael mcnamee. while some of the people we charge are or have been involved with gangs, this is not a gang conflict. the suspects will not face a mur

vista tech is expected to cut down on noise over palo alto. the airport says it is more powerful than satellites and will allow planes to fly higher over cities. >> the goal of this is to allow aircraft to fly at a higher altitude before they come into land at sfo. that is phase 1. then, if the technology shows promise, maybe this would allow us to have aircraft fly a little further offshore as they come into land at sfo. this takes our existing gps satellites and adds a greater level of precision. >> the project will cost $11 million and is being privately funded. >>> many people throughout the southwest have been dealing with record-breaking heat for the past 30 days. you can see that depicted on this map. today alone, many people from phoenix to las vegas and even into palm springs are dealing with that heat. upper 90s and triple digits are in the forecast. back here in the bay, low pressure is moving its way in. we have temperatures below average not only from our coastline but also into our east inland hills. it will feel a lot cloudier h

palo alto.o alto. >> you got it. >> whipsawed some people on friday. >> there were 14 price target increases today. 14. and one of the reasons was, this is a rather amazing story. the whisper was this is a man, nikesh, who, by the way, one of the best performers of the year, guy's just got a new contract, trying to get people to a hundred billion, s&p company, he decided to give a conference call friday after the close. now, he told everybody, including yours truly, that he had to do this because he had a huge meeting with the salesforce this weekend and he wanted to be able to make it so that everybody had the information so that nobody, you know -- now, i got no less than four people -- i never speak to these hedge funds because i find them typically just talking their insane book, saying this is going to be the biggest short. he's going to miss. >> people thought it was going to be a blow-up. >> right. and i go back to nikesh, she says, look, i'd like to come on the show. i was very clear, yo

and the palo alto festival of th, transforming streets into masterpieces, saturday and sunday in palo alto. broadway san jose is a proud supporter of the lgbt immunity and will be giving away free giveaways at tina the musical, august 29th through september 3rd, the bay area broadway calendar is brought to you by broadwaysanjose.com. >>> there is something new coming to prime time. a new way to start your night. a new way to make sense of your day. a new way to experience the news. the prime time edition, two hours of news on an all new >>> the future of trey lance is in doubt and it appears he will not be the backup quarterback for the 49ers, the niners have named sam darnold as their backup quarterback. the red and gold traded three first-round draft picks just to get trey lance three years ago, he started two games last season before breaking his ankle, that is when he lost the starting spot. the 49ers will play their final preseason game friday night at levi's stadium, and meanwhile there still some work to do before the regular season begins. >> this is the volkswagen red and gol

because there's a lot of cheaper areas within california where you can do that. >> reporter: even palo alto aun guide, as well as some districts in mountain view and los altos, which actually saw an uptick in student enrollment, still have to worry about drops at individual neighborhood schools and possible program cuts. >> it's the programs like the arts. you know, there's a point where you need to have enough kids to fill enough classes to justify having the teachers. >> reporter: some of the superintendents told me they are optimistic about their numbers now that things are getting back to normal after the pandemic. but point out it will take time because when families leave, they don't always return at the same pace. >>> a stark message on vta buses and billboards in the south bay, a child's shoe in a crosswalk covering buses across san jose. the message for drivers is simple. slow down and keep families safe. last year the city saw 65 deaths of pedestrians on the streets, almost double the amount of homicides. although the mayor says traffic-related deaths are trending down so far this

palo alto's plunge ahead of a friday earnings report.snaarinel jnss krti ptsevosoi u next with what to watch for. ah, these bills are crazy. she has no idea she's sitting on a goldmine. well she doesn't know that if she owns a life insurance policy of $100,000 or more she can sell all or part of it to coventry for cash. even a term policy. even a term policy? even a term policy! find out if you're sitting on a goldmine. call coventry direct today at the number on your screen, or visit coventrydirect.com. this is cynthia suarez, cfo of go-go foodco., an online food delivery service. business was steady, until... gogo-foodco. go check it out. whaatt?! overnight, users tripled. which meant hiring 20 new employees - and buying 20 new laptops. so she used her american express business card, which gives her more membership rewards points on her business purchases. somebody ordered some laptops? cynthia suarez. cfo. mvp. built for cynthia's business. built for your business. amex business. this thing, it's making me get an ice bath again. what

we had 84 in palo alto, and after 90s earlier. of sso airport, you can see the gusty winds, almost up to 40 miles per hour. 66 degrees, here is one of the reasons why you do not have any heat advisories near the central bay. the ocean air conditioning technically is not shutting off. from the coast, peninsula, and interbay, less of that in land during the afternoon hours, for sunday to monday. the morning begins with low clouds, drizzle near the coast. not much in the way of low cloud coverage inland, which will likely need to make up to the mid 60s for lowe's across the inlet of eisai valley, 50s in san francisco, watch how quickly these temperatures climb up by noon tomorrow. watch the mid-90s run fairfield, and by 3:00 and 4:00 in the afternoon now, upper 90s about one of four or 105 degrees. a lot more 90s in the north bay, an area south of san jose. eventually, things will be cooling-off as you get towards monday and tuesday. wrapping things up, tomorrow, fremont a festival of the arts from 10:00 to 6:00. upper 80s by midafte

e*trade from morgan stanley >>> just a few hours away from results out of palo alto networks. with more on what maybe to expect. >> well, what summer fridays, what happy hour drinks if you're an analyst or journalist covering cyber security firm palo alto today you're out of luck, sorry, because oddly enough the company like mike mentioned moved their earnings to this afternoon and scheduled a two-hour conference call and offered to conduct one-on-one calls with the sell side to clarify any issues. the company says it's because of scheduling. the company did announce the friday afternoon earnings date on august 2nd. see on the stock chart ever since then the stock has dropped over 18%. why? well, speculation that the company could be hiding something bad which is why they announced on a friday, which, you know, attention tends to be elsewhere. dan ives from wedbush who maintains a buy calls it one of the biggest pr disasters and black eyes we have seen in decades of covering technology and a point of concern is guidance. competitor fortnet guided billings to grow by 10% year o

palo alto restaurant owner now facing eviction after being one day late with his rent.he owners fighting back now saying he was only late because he was in the emergency room with his disabled daughter the day the rent was due. but he paid at the very next day. the san francisco diocese recently announced it may declare bankruptcy diocese is currently facing more than 500 abuse claims dating back several decades. >> time now is 6.15, or check out the weather here. and it looks like it's grey start for sure. covered back to the cool mild mornings. john, good morning. yeah, another great one. and this one is even greater than it was yesterday at this point. yesterday was spying. a couple of sunny spots seeing a few less of those this morning. we're seeing this view outside from the east bay hills, which is not much of a view at all so far. you may encounter some areas of low visibility, mist and drizzle as you are getting out there on to the roads these next hours. now low pressure to the south. what is that? well, that's actually the remnants of a tropical system that co

. >>> estos son los que estÁn instalados en palo alto, autoridades dicen que es efectivo para combatiriocial nos dijo que recuperaron tres vehÍculos robados y tres placas robadas. el 3 de julio la policÍa pudo identificar un auto robado y dos placas, identificaron a dos sujetos que robaron (nombre en inglÉs). estos lectores leen rÁpidamente las placas de todos los autos que transitan por las calles, va a una base de datos la misma que tiene la policÍa. muchos de los residentes con los que hablamos estÁn de acuerdo con medidas que reduzcan la inseguridad. >>> es perfecto, yo limpio casas y me acaban de robar la placa de seguridad de mi auto. >>> es perfecto. >>> pero la organizaciÓn (nombre en inglÉs) dice que es una tecnologÍa con muy pocas reglas que vigila a a masas de personas, necesitamos la creaciÓn de una base de ley y que las agencias del orden se adhieran a un movimiento. aquÍ nos dicen que ese peligroso, porque mucha informaciÓn termina en autoridades federales y con organizaciones que compran y venden la data. le preguntamos al oficial que si se comparte la informaciÓn con ic

the event is hosted by the palo alto chamber of commerce, and it will be a nice day out in palo altoif you plan on going. lee says. how's the temperature shaping up? >> upper 70s there. stephanie so yeah, very nice feeling like summer. and as we look at live doppler seven right now, the clouds breaking up a little bit sooner out over the bay. so a nice looking day for santa cruz 59 degrees. we had a little bit of sun here. temperatures climbing through the upper 70s. it's 57 downtown, 61 in oakland. mountain views at 64 as well as san jose. sunny skies there. half moon bay, 59. and a look at the oakland airport where it is partly sunny. looking at temperatures today into the 70s. so a warm up, a modest one around the bay. 56 santa rosa novato 55. we have had the haze in somewhat foggy conditions up in the north bay. it's been sunny though all morning long in our inland valleys. and you can see at the airport here, the low cloud deck beginning to break up. so we've got the clearing skies for the next hour or so. and then hazy, modern air quality, slightly warmer. this afternoon for mo

the last five years, student enrollment has been dropping even in districts in palo alto, los altos, and mountain view, which showed an uptick this year. they worry about declining enrollment in individual neighborhood schools. supts say the pandemic is largely to blame and getting numbers back up will take time. >> when you lose families, they don't always come back. some left the state, they left the state for school districts that were open faster. >> some superintendents are optimistic that things will continue to improve. the alum rock district which has been hit hard recently says it expects a much smaller decline in enrollment this year. >>> up next, are things about to turn around in san francisco? our business and tech reporter, scott budman, joins us with a look at the new analysis and data that says the city is hitting rock bottom. that's not a bad thing. >>> also, no permit, no hot dogs. the crackdown coming to the oakland coliseum that's putting popular street vendors in the spotlight. >>> that updeviated look at thunderstorms moving back into thunderstorms moving back i

nasdaq winners, show me the list, palo alto, crowdstrike, and tesla on the list, the ten year treasury it was well over four and a quarter percent, closing in on 430 look at it 4.319%, the price of gold, $1922 per ounce, bitcoin barely holding $26000, 26053, oil moving up a little bit, even 8186, nat gas hardly moved to 62. in the price of gasoline unchanged $3.86. diesel no change 434 on average. coming up all kinds of stuff for you on this program. we have thousands of tender country star oliver anthony free concert in north carolina over the weekend, griff jenkins caught up with the overnight sensation, listen to what he hopes comes from his music. roll it. >> i just want to go back to the woods honestly. what i really want the bigger scheme of things is just people to start appreciating each other for human beings and look beyond political differences and ideologies. stuart: oliver anthony has "window into the lives and feelings of people that you don't hear much from. that will be my ticket the 11:0. a judge in new jersey temporarily block school districts from notifying parents a

modernity and tesla are also powerful we are also tracking palo alto and cybersecurity.vidia is ahead of earnings and investors are pretty content to pile into this name at record highs. matt: speaking of nvidia, we are watching an r filing which should reveal the details of its ipo today probably after the market closed on track to be the year's largest ipo and it could be one of the biggest tech listings ever on a u.s. exchange. leanna baker joins us to talk about this now and this could be huge. that we know they've enlisted 28 banks on this ipo. i never even heard of that many. >> it's not that uncommon. i think facebook use over 30 in the day so on these big listings, you need banks to syndicate the stock to all of their relationships. what's interesting is they are using fort lee banks. instead of a lead left bank. matt: and they are all getting an equal share? we also have j.p. morgan and goldman sachs and barclays so they will be listed at the front so they get the lion's share of the fees and the rest will get something. matt: i wonder what the tombstone will lo

. >> 4 men who allegedly waged a gun battle in east palo alto park have been indicted by a 7 teo county grand jury. this indictment or the gun battle rather happened in may of last year as dozens of kids were playing at jack farrell park on fordham street. this is cell phone video of the shooting from a girl who was at the park when the gunshots started flying, the video kept rolling kind of eerie. the man who died in the shooting turned out to be a cousin of raiders wide receiver davante adams, who's from east palo alto, 5 other people were hurt. a former silicon valley bank vice president will be spending a 15 months in prison for falsifying documents. >> near god from los gatos was convicted today for his part in a securities fought fraud scheme. in addition to the prison term, god will serve 30 6 months of supervised release. the $10,000 fine and $1300 special assessment happening tomorrow. state officials will be voting on whether to expand driverless vehicle services in san francisco. kron 4 s amanda harry spoke with some. >> tech experts about the possibility of this vote passing

on may 17th last year, east palo alto police say a gun battle ensued in broad daylight at jack farrelled during the shootout, and it all happened in front of children and families who were sent running for safety. we as a community are not going back to the 1992, 93 days where we were known as the murder capital of the united states per capita community leader and pastor paul baines says residents in east palo alto are relieved that four people have been charged in connection with the shootout and the death of 34 year old ralph fields. fields was the cousin of nfl player devante adams. both the da and police say tips and evidence from the community played a major role in identifying the suspects. and so the community has stood up. they have both been vocal and they have submitted their information privately and confidentially to the police department. and so that's what we're going to continue to do is community charged in connection to the shootout is 38 year old luis maris is being held in santa clara county. 21 year old miguel braga montes, 49 year old bobby williams and 20 year old

adams is the east palo alto native 5 other people were injured in the shooting. the suspects have been booked on multiple assault charges. county why campaign is launching in santa clara county just in time for the new school year. the goal is to enhance a bicycle and pedestrian safety. there. well, today, san jose mayor matt mahan, along with the valley transportation authority. >> introduced a program that promotes traffic safety as kids are heading back to school. mayor mahan says the strategy will invest in protected bike lanes, better street lighting and a pilot program for speed enforcement these are going to be placed across the south bay to eliminate traffic fatalities. >> we don't want anyone to die or be injured on our streets. i'm happy to say we have reduced this year far at this point in time we are seeing a substantial reduction in fatalities, but frankly, even one fatality is too many. >> the city san jose seen 29 traffic deaths so far this year. >> a meteor shower is set to light up the sky this weekend. this year. >> since the moon will be barely

. >> this is one of at least 30 people who lived in this rv community in it east palo alto -- in eastalo alto. >> this is my brother, and that's my sister, i'm here with my son. >> her family could not afford to pay rent, and moved to this rv. kelly is a single mom goes to college and cleans houses on the side. this week, they run out of food. >> for my sister and my brother and my kid, it's just telling them to go to sleep. tomorrow, you go to school. tomorrow, you know. went to bed -- >> when was the last time he went to bed full? >> monday. yesterday, i had a friend, who made some boli pieces and bread and a bit of kitchen salad, and he made this for school lunch. >> a woman across from her just gave birth. >> how long have you been here? >>[speaking >> your story is of what is happening. the latest homeless count is 1100 people, sleeping in cars, streets and rvs. >> a high-cost area, with a federal poverty level that applies across the country, so if you make over $30,000 a year, as a family of four your not eligible for federal benefits. that has to change. >> after opting to not

joining us now is the philosopher of palo alto. john, thank for being here. do want to know that chatgpt didn't help in the writing of the intro to that segment right here. it can't be all bad. you have an oped this asking generative artificial intelligence can now go anywhere, we wish to take it, but is that a good thing? you don't believe it is. let's start with that, why? >> i'm just looking to raise a concern, specifically of with think about the history of social media -- it might not seem look of a deal for chatgpt to move from a website on our laptop or desktop toan app in the palm of her hands, but think about the difference in social media between 2006 and 2016. edges cut of wedges itself at the center of our attention and becomes almost this reflects for us to reach and check in constantly these platforms. because it's always with us, it starts to transform other unexpected things like politics and news,, publishing advertising -- news, publishing, advertising, anything trying to reach an audience. there are similar concerns to be watched out for wi

let's talk about what is happening in palo alto networks.nvestors and whether or not they should be worried. caroline hyde is going to join us. this is bloomberg. ♪ alix: it is 22 past 7:00 on the west coast. want to get to the top stories in the bay and beyond. joining us now is "bloomberg technology" because caroline hyde. usually friday afternoon you do not expect tech earnings, but palo alto is. caroline: everyone is worried they are going to announce something that the market doesn't like in terms of forward-looking guidance. we get the encapsulation of what 123 has looked like. when you're doing that on friday in the market closes a couple of days and you are used to getting earnings on monday and tuesday, everyone is like, what is up with that. this is a company that is likely to give us 18% growth, that is not what we are used to. it has been down down down. this is going to be a big pr headache if with the p.r. has told us so far, just a logistical issue, turned out to be some meals. guy: has the market priced in enough bad news? ha

the new camera network is catching criminals in palo alto. the license plate reading cameras have solved an armed carjacking -- other bay area cities also use the tech, including oakland. the aclu and activists are raising concerns about privacy and accuracy. so far, palo alto has six cameras online and plan to install 14 more. >>> there's a new report that says san francisco's government is getting in its own way. and it suggests that city hall is failing to order address some of the biggest issues in part because of how the city government is set up. that report was sponsored by a group in the city called together sf. the group says one of the keys to mixing the ininitiatecy is giving the mayor more power. in many cases the mayor doesn't have the ability to appoint or remove key positions in city hall. the board of supervisors needs an overhaul and the city has too many commissions. someone said on the commissions and said it's difficult for residents and business owners to navigate them. >> my friend is trying to get a mural on the side of

a restaurant owner in palo alto is facing an eviction after being a day late in rent. kron 4 s justin campbell talked to the owner who's now fighting to save his restaurant being closed. >> mike's diner bar has been in palo for nearly 30 years and after undergoing a 2 million dollar renovation, they could soon be closing after the owner paid the $22,000 rent payment. one day late in july, paid the rent one day lead my daughter disabled was in the emergency room el camino hospital i had to get owner. mike wallace says he pay the rent the next day but vent on a property services sent him this letter and files for eviction in santa clara, 2 milers trying to >> work with them and mediate and also is filing a motion to set aside the eviction. mike says a year ago he signed a stipulation saying he won't be late on rain. >> after being late during covid which took a hit on his business 3 in the morning and stared at the ceiling. good how make this word >> have said to big investment into it. i can just walk away. but to be honest with you, just trying to get reopened and busy

there also will be the palo alto festival of the arts.he high temperature will hit 81 degrees but it starts out cool with some upper 60s. so really great weather. so many events going on around the bay area, and we're going to see temperatures in our hots spots in the upper 80s and low 90s. it will be hotter next week so we're enjoying this weekend while san francisco will see temperatures in the upper 60s and lower 70s. marcus. >> all right, kari. thank you. >>> happening now, the nordstrom department store in downtown san francisco's westville mall is winding down operations. "sf standard" reports this sunday will be the store's final day. back in may with nordstrom announced the departure, the announced the departure, the erll's own how's the chicken? the prawns are delicious. oh, i have a shellfish allergy. one prawn. very good. did i say chicken wrong? tired of people not listening to what you want? it's truffle season! ah that's okay... never enough truffles. how much are they? it's a lot. oh okay - i'm good, that - it's like a pric

as well as palo alto, and also, fog in the half moon bay. looks beautiful, and marine layer compressed. we have a 54 degree reading in santa rosa with 60 in napa and concord. livermore is at a comfortable 57 degrees. air quality is good in the north bay, but moderate for the rest of us into sunday. some hazy conditions as temperatures continue to warm. by 9:00, we are looking at patchy fog, but look how quickly the temperatures warm to near 90 or 1:00 inland. by the afternoon, cool at the coast, but toasty on the east bay. we'll talk about how much warmer it gets on sunday, coming up. >> thank you. between the writers guild of america and major studios will continue after no agreement was reached on friday. the meeting was seen as the first sign a deal could have been reached, and writers could finally return to work red more than 11,000 writers have been on strike since may. the screen actors guild went on strike. it is still unclear if studios have reached out to sag-aftra with a similar request. >> in new york city, chaos unfolded in a po

look at that 86 palo alto, 90in napa and san jose. and then you notice as we get towards the weekend and it looks like summer feels like summer around here back the way we do it with that microclimates all in play jobina . >> thank you, lisa. good morning, everybody. we are zooming into the bay bridge right now because it cleared quickly, but you're still facing residual delays. a crash on eastbound 80 before treasure island. those speeds around 12mph. if you are going in the counter commute direction, trying to get into oakland or somewhere further into the east bay. so just a heads up to you. you might want to give yourself some extra time. and also, if you're traveling towards the richmond-san rafael bridge and the westbound direction, you can see there completely stacked at the toll plaza. different story, though, in san rafael as we show you 101. nice and clear for you, reggie. >> you know, see this very often. someone loses their phone at the golden gate bridge. i mean, that happens, but you don't usually see it recovered. so ta

. >>> a lot of attention being paid to palo alto networks reporting after the bell on a friday. many analysts and investors are wondering if the company has bad news to hide. the stock is up big this year but down 20% since it announced its earnings date, which caused a lot of chatter. what i can tell you, according to my reporting, is that palo alto said in the press release that it is going to update the midterm guidance assessment. basically, wants the analyst to have the weekend to digest the new information and agust their models on a three-year basis. the other thing i can tell you is palo alto has a sales -- its big sales kickoff on sunday, so maybe it wants the freedom to talk to 5,000 people and potential clients about information that's happening in the business. and then the other thing is, they've had a three-day board meeting this week. so, there is this curious case, carl, of why friday afternoon, but it could be explained by some of those scheduling things. no doubt, investors will be paying very close attention. >> yeah. this is more conversation than i've heard

sunnyvale about 80. 79 palo alto. kind of a nice day.e is with you today, stronger today than tomorrow, and as we look at san francisco, we will get into some sun. 94 in calistoga, very another five degrees warming for sunday, novato flirting with that. it's kind of a typical summer afternoon but you had inland and all these 90's are arriving from pittsburgh. 92 pleasanton, walnut creek 93. pretty toasty but we are reserving that warmest day for tomorrow. hazy in spots, highs near 100. low 80's around the bay. through the next several days, getting into more comfortable weather after monday. we will what would you give for a child you loved, to make their wish come true? to help them fight a critical illness, just imagine what you'd do. every single one of us can make the stars align. because when we come together, hope and joy will shine. ♪ ♪ >> a mural of actor angus cloud is in his hometown of oakland on park and east 19th street not far from his family home. his family did not confirm a cause of death but said he had been coping with