take a look at the latest indication on petco. 23.50.hot with the nasdaq. jay heller, a familiar face to us by now, on a normal day he would be getting intcation updates from him weapon watch to closely. a quick break here don't go away. nature's bounty unleashes something exciting. say hello to a drug-free way to ease stress. stress comfort. a gummy supplement with lemon balm plus saffron, to naturally boost your mood. stress comfort from nature's bounty. >>> welcome back to "squawk on the street." companies race towards new vaccines and therapeutics. our next guest is powering likes of pfizer, gilead, moderna, regeneron and more through the cloud. founder and ceo peter gastner joins us thanks for being with us >> thanks for having me. >> we talk so much about the drug makers. we also talk so much about the health care providers. you basically -- your company basically bridges the gap between some of these different entities as we do see the digitization of everything in the midst of this. break down what that means >> we serve the life

and petco, up 60%.ther set of crazy moves josh is over at the telestrator breaking them down for us. >> i almost feel like the crazy moves are owe bliker to at this point. it is an ipo double it. why not. i want to talk about petco this isn't the first time it has come public of the it has been public three times after getting taken over by a private equity firm each time we like to call this catch and release. valuation of $4 billion. they have a ton of debt because again it is a private equity retread. and they lost money for the first 3/4 of 2020 which in and of itself is not terrible but it is hard to lose money on $3.6 billion in sales not exactly sure how they managed to do it the question s are you buying it because it is a ipo or do you want to be invested in petco there are other pet-related investments out there. i want to show you a couple of them zoetis spun out of pfizer deals with animal health, farm animals and companion animals. and they sell anti-effective vaccines it has been a winner

an petco and poshmark, they did rel really well in their opening trade.cyclical names. we open jp morgan, charles schwab, so we have some cyclical names, but we still really like that growth trade. we're overweight on the growth side we think that some o. tf the ths you talked about, the work from home, the change in people's daily lives where they are doing more things online, whether it's retail shopping, whether it's health care, fitness, look at some of the companies that you will need for all of that to continue, whether it's in the 5g space, like a verizon, whether it's going to be in american tower, where they're building out those cell networks. whether it's a broadcom, cloud business with amazon and microsoft. yes, those names have had strong runs in 2020, but we think the longer term trends that are set forward there are going to continue, and we'll continue to see growth in those names, but don't forget, things like housing we talked about, builders have a long backlog right now, and we saw your big number, 63% of people bought houses without e

>>and san diego says she had an allergic reaction to the covid vaccine that she got at the petco park mass vaccination site yeah she says shortly after getting the shot her blood pressure changed and that she felt her throat closing up, but despite her reaction she still urging people to get that vaccine. jeff mcadam has her message. >>the streets of downtown san diego continue to be logjam with traffic people in line to get their covid vaccines might has been was hesitant at first about getting the shot. so i couldn't sunsets are both seniors. >>that we should go get the shot share of britain says she and her husband went to the petco park location last week most people. >>you can drive off after 15 minutes, but shell says people like her people who have some allergies are asked to stick around for 30 minutes for observation at 18 minutes. >>it's like my friends started closing. and you just you know raise your hand part your home wherever they're immediately over there they whisk him over to the tent. >>blood pressure which a 185 over one 25 which i guess is very life threatening. t

he's the ceo of the newly public petco.rilling down the earnings, the sales, so that people could make apple to apple judgments against other companies in the industry. like say chewy you've got to know whether this is better or worse than chewy. for most of my career wall street only cared about the money, the comps, the price to earnings ratio that was it. but that's no longer the case. now i have to pivot myself i focus on what petco's doing to help the helpless, which in this particular case means dogs i wanted to check the box of what a younger investor might do, might think about before they buy a stock turns out petco's got it down. coghlan said and i'm going to quote, "we are on an absolute mission to eliminate euthanasia. every single year we found shelters that avoid euthanasia for 400,000 pets." on top of that the company helps fund animal cancer research, which is the number one killer of pets. as coghlan put it again, i quote, pets don't deserve pain and fear, they deserve love, end quote. now, this question ca

. >>> san diego-based petco went public today. and wall street certainly has an appetite for the pandemic-fueled pet boom. shares of petco health and wellness opened at $26 today and closed at over $29. shooting up 63% in its first day of training. >>> with just days to go till inauguration, we look at how the biden adminis >>> a live look at the state capitol in sacramento where a six-foot chain-link fence now rings the grounds to discourage any transfer of power protests. details on one local man who was in the middle of last week's mob in dc. >> reporter: confirmed to me that the man seen in a video circulating social media is one of the members. jorge riley, a board member for this organization as well as the president of the sacramento chapter. the sacramento republican assembly. they've asked him to resign or else he'll be forced out. >> i got pepper sprayed three times and i got a fire extinguisher. >> reporter: he's wearing a sacramento republic t-shirt, describing what it was like inside the u.s. capitol. >> we pushed our

favor stocks they seem to be losing momentum, and that ipo parade rolls on and on as poshmark and petco become the latest companies to exceed expectations with their ipos it's thursday, january 14th, 2021, and you are watching "worldwide exchange" right here on cnbc. >>> good morning, i'm frank holland. i'm in for mr. brian sullivan. here's how your money and global markets are setting up your day on this thursday stock futures right now, they are slightly higher with the exception of the nasdaq. the nasdaq actually in the red stocks, they've struggled for direction this week after notching records just last week as stimulus prospects, political turmoil, continue to weigh on investors. the dow, s&p and nasdaq are up roughly between 1 1/2 and 2% this year. we have to talk about the russell 2000, it continues to outperform, up nearly 7% in the same period. the nasdaq getting a big boost yesterday from shares of intel shares just surging, 7% after the chip giant announced it had ousted ceo bob swan, it urged sweeping kangs changes at the companies. shares are up slightly, more than a perce

stadiums like disneyland and petco park. >>galli echoed governor newsom's promised to vaccinate 1 million people by this weekend but did not say how many people have been vaccinated so far since newsome made the promise last week we are been to that effort we are working with counties with health providers >>lots of labor and business partners to make sure that this happens but regardless of the hopeful outlook and vaccine effort underway. galli says the stay at home order remains in place indefinitely in the regions with less than 15% of icu capacity available. he says the state is actively calculating the newest data to see if anything might change in sacramento, ashley zavala kron 4 news. >>and the east bay a first of its kind of mobile testing bus just launched today in berkeley it can provide as many as 500 tests every day the bus is entirely self-sustaining with power wi-fi and restrooms medical workers stay on it at all times and they provide the testing through kiosks as the patients remain outside the vehicle to get

shares of petco and poshmark soaring.g up right now. >>> good morning and welcome back to "squawk box" right here on cnbc. i'm andrew ross sorkin along with becky quick and joe kernen. the jpmorgan numbers in a second the market looks like it will open down across the board dow off 100 points, s&p 500 off 11 disney is ending the pass program. the park has been closed for 10 months due to the pandemic disney said it was ending the program due to uncertainty, as you might imagine, about reopening. president trump extending tariffs on residential washing machines for another two years tariffs designed to protect u.s. manufacturers, they were due to expire on february 8th meantime, mobile gaming company playtika is set to have its ipo. wall street debut pricing the f per share. joe? >> the number on jpmorgan if it's clean would be well above $3.79. haven't gone into the press release. $2.62 was the estimate it's a big beat. >> you see the reserve release >> reserve release is here, 2.9 billion of credit reserve. >> that's 72

i want to show you poshmark and petco and these are today's premarket prices.o the moon with poshmark up 141% yesterday and petco up 63%. gary kaltbaum joins us. is this the froth and speculation you have been warning about, gary >> it's worrisome and some of these companies coming public are very good companies, but the valuations are outrageous and they air will be repercussions. all i can tell you is i see companies that have 80, 90 billion-dollar market limits with 500 million in sales and lose money and that just can't stand. the good news is they are public and the bad news i think they will have to work off the froth of speculation and i have to say i watched jonathan hoenig earlier and that was a massive on explaining how extreme sentiments to the upside can hurt the market in the short run, great job by him. stuart: good step. here's a question for you, gary. do you think it's okay, do you think it's right for hedge fund managers to make so much money on the petco's and the poshmark's of this world when the people who created the company get less when

and all the success of beyond meat, i think that this is a great time and covid winners, think about petcolar trend going on for some time, but pets have been great friends, and then, we saw what robinhood was able to generate around the market and their impact on. market around covid and another round of stimulus checks i mean, look out i think the time is hot had. i think it's a good time for robinhood to come through. this is what happens when money is free, and it's easy to be cynical about this i certainly have been, but some of these names, i actually think the valuations are going to go higher based upon the current trend we're in >> quick last word, jon fortt, wonder what you make of it all >> there's no rule that you have to buy something this isn't a secret santa for investors, so, yeah, some of these things have gotten pretty reexpensive. don't file like -- don't justify the price that you pay for one thing by the fact that it's -- it's, you know, not as expensive as everything else you don't have to buy right now. just -- just, you know. >> that's a good point i miss secret san

court, so as you look at petco, let's play off the news for a moment you look at petco up 50 some odd percent and poshmark went up today. that stock was up better than 100%, if we can show that. there it is. it is up 119%. door dash is up something like 60% in three days. does that give you pause in any way to the momentum being shown to those ipos right out of the gate >> no. it just shows the insatiable appetite right now in the capital markets. there is a lot of dry powder larry fink was on this morning just talking about the amount of capital that is on the sidelines and you know, i think there was a very important point made by megan to play off of the news and into this right now. there is a distinct separation in what's happening in the market that's forward looking and what's happening with our economy. when we hear from fed chair powell this afternoon and when we hear from the president there are still significant challenges in the real economy right now, but the market is seeing through them to more optimism in the second half of this year, maybe even in the second quarter a

petco only up 65%. posh mark more than doubling, affirm up again. 59 minz minutes left of trade. >> looking like we are going for two record closes still just about off the highs as you said. we have a big lineup coming up later in the show we will speak with former cdc director dr. tom frieden about the encouraging vaccine data from j&j and what he thinks about the idea of an immunity passport in america and aphria jumping on the bask earnings ceo irwin simon will join us and later we will be joined by former xerox ceo ursula burns with her thoughts on the unrest in washington and how businesses should react first to the big stories we are watching mike santoli is tracking the market action. ylan mui has details on whether the covid relief pack can get through congress. >>> mike, the market is flat. >> muted reaction in the big cap indexes right now. the s&p 500 operated below last friday's high for the fire four days but it has been going sideways we have either russell 2000 case or nasdaq 100 days to

know, enormous valuations and just moving higher and higher on first-day debuts and take a look at petcoark. sometimes the first huge jumps on the first days, poshmark down 14% today and petco down nearly 5% that's nothing compared to how much they were up yesterday and it does kind of tell you that those big pops can lead to volatility >> finally, exxon now saying that this sec whistle-blower claims are demonstrably false as the sec launches an investigation regarding the valuations have a good, long weekend. we'll see you tuesday. let's get to the half. >> carl, thank you welcome to "the halftime report." i'm scott wapner front and center, october raising big questions about where your money is heading next and our investment committee discussing that very question. joining me for for the hour, steve weiss, pete najarian, brenda vanjello is the cio of global advisers and stocks are lower as you know across the board. dow's down 145 the s&p down.5% and the nasdaq off the lows and it is still

poshmark today, petco, probably, 15 times over subscriber for heaven's sake. around forever and suddenly we love it? remember blackrock, and pmc, sold, was that ever a great shape, but blackrock is people loving the market and people sitting home and being interested in the market the market has made a move here that is breath taking, because people like stocks they enjoy stocks. they want to make more money than they did in index funds it's a rather remarkable change. and larry's right. >> larry was right in october when he told us that he thought that the market would continue to climb, even though we would continue to see the covid numbers going up and all kinds of problems with that. he still thinks that you're looking at a market what is going to continue to be strong through the rest of this year. what do you think of that? >> i think he is totally spot on larry looks at fund flow, the best call of everybody in really the world, and one of the things that i think people, it is a very self fulfilling, i'd say virtuous circle developing here, whether it wi

and petco surged 63% in its market debut yesterday. it's giving back about 6.33% of that. >>> check the dow, down 105. the ipo of the day is with us next. the ceo of the israelingly mobile gaming company tika tells us how he plans to make his gamble in the public market pay off for investors in what is fast becoming a crowded sector. we've got 50 minutes to go before the closing bell rings. the low for the dow was a loss of 378, so we've come pretty far off that, down 101. we're coming right back on "the claman countdown." ♪ ♪ my body is truly powerful. i have the power to lower my a1c. because my body can still make its own insulin. and trulicity activates my body to release it, lowering my blood sugar from the first dose. once-weekly trulicity responds when my body needs it, 24/7. trulicity is for type 2 diabetes. it's not insulin. it isn't for people with type 1 diabetes. don't take trulicity if you're allergic to it, you or your family have medullary thyroid cancer, or have multiple endocrine neoplasia syndrome type 2. stop trulici

they're doing 5000 vaccinations today at petco park in partnership with uc san diego. so all of this. it should be happening right now. people should be able to get answers. they should have transparency and information and most importantly, we need to make this is easiest possible. you should be able to sign up right online. go and get. vaccination if you're in a priority group a soon as next week, the state of california just said that people over 65 now can be given the vaccination. there's no reason to wait any longer and what we can expect is that in the coming weeks, we're going to get tens of thousands more vaccine doses here in the county, hundreds of thousands into the millions in california, and we've got to be ready and continuously deploying those as soon as we get them, and so that's what i'm working with our department of public health see, i don't think they're moving fast enough. so i've called a public hearing on it. we've had a lot of pressure put on them to move faster. you know this takes creativity. it takes ingenuity, but once most importantly, it

more regulations are coming and what they could or should look like >>> later, a big week for ipos petco to posh mark this week's largest debuts we start with a shift happening in the market and dominic chu has more on that for us. >> i do, morgan. look at what's happening right now with one key trend we've been seeing over the course of the last several months and that is the outperformance of small cap stocks and the transportation stocks on this idea that we have optimism surrounding the vaccines for covid-19 and the economy perhaps getting more traction in 2021. the transports and the small caps tracked, you can see fairly closely throughout the course of the last 12 months the small caps were underperforming in the fall and now you can see here have now regained some leadership position with that, so we're watching to see if the small caps continue the uptrend and the outperformance over the s&p 500 and the nasdaq composite in the last three months. one of the big drivers of that is the interest rate complex here's the reason why. look at these particular yields. two year yes has be

petco makes market debut under ticker woof. the price was set at $18 a share, slightly above original market range. this will be the third time the pet store goes public. it traded in 1994 before going private in 2000 and doing the same between 2002 and 2006. >>> sephora making change to combat racial bias. it will also double number of black owned brands it sells. a study found two in five u.s. shoppers have experienced unfair treatment based on race or skin tone. >>> study in new england journal of medicine found johnson and johnson's coronavirus vaccine creates durable with minimal side effects. only one dose is needed to provide enough protection. it is expected to apply for emergency use authorization from fda within the next few weeks. that's your cbs money watch report. for more head to cbsmoneywatch.com. at the cbs broadcast center, i am diane king hall. >>> good morning. if you liked yesterday, you will like today. we are talking about unseasonably warm temperatures and likely coming close to record highs. definitely f

. >>> we could see local ballparks and arenas put into action, like dodger stadium and petco park are being used as major vaccination centers. the oakland coliseum could be next. the coliseum board will discuss the possible this friday whether the grant or request to use the stadium's parking lot for vaccinations. we mentioned as a whole the1% o standard icu beds icu beds are . the trouble spot, san mates. especially santa clara county and up north in napa county. 0% availability. this means the standard icu beds are full, so new patients may have to go to surge facilities. jessica? >>> people and pets, we know they can get covid, but now we're hearing the first known case of gorillas being affected. it happened at the san diego zoo. how this happened and what we know about it, janelle? >> reporter: jessica, the governor made the announcement today at noon during his news conference. two of the gorillas at the san diego zoo have tested positive for covid-19. the staff got suspicious last week when two of the gorillas began coughing. after a test, they confirmed they have the coronavir

back to san diego, another ballpark, the backdrop of super vaccination site, this one just open your petco park today. it has a capacity to vaccinate 5000 healthcare workers each day. cal expo in sacramento is the third mass vaccination site to open this week, more large- scale sites like these, they are in the works. >>> president much joe biden has received a second dose of the coronavirus vaccine. he got his booster shot of the pfizer vaccine at a hospital near his home in delaware. it has been three weeks is the first dose, and says he is confident about reaching his goal of vaccinating 15 million americans in his first 100 days in office. he says he will unveil his plan later on this week. >>> now to the weather, check out this beautiful time-lapse, sunrise this morning, we were sent this video from livermore valley. what a nice way to start the week. let's go to paul heggen and find out what else is in store. i know there's warm-up coming. >> there is a big one in store for us, and the short-term we are concerned about the king tides along the coast, it kicked in today and again tomo

it happened at a mass drive through vaccination site at petco park in san diego, the state saying fewer than 10 individuals required medical attention in one day, the state's top epidemiologists saying out of an extreme abundance of caution and also recognizing the extremely limited supply of vaccine, we're recommending that providers use other available vaccine inventory. fortunately these have been very rare doctor and lou was stanford specializes in infectious disease and allergy. she says she has more questions about what happened in san diego, saying locally, the majority of reactions she's seen are common side effects and not severe allergic reactions. sometimes two people have a sensation that they're going to pass out. they might have the sensation that they're flushing. and sometimes when we then further investigate those reactions, they turn out to not be allergic. she stresses the vaccine is effective and important. it's really rare to get a reaction of this kind and that even if it does happen in that rare event, we have very good treatments for it, whereas. with covid. we d

in california petco park of the san diego padres has been used since monday to give 5,000 shots dailydodger stadium in los angeles will be available from friday to administer up to 12,000 doses a day. officials say national football league stadiums and disneyland, which is closed, will also be used as vaccination hubs. >>> south korea is still struggling to contain the coronavirus and is keeping its social distancing rules at the second highest level. this is a major blow to businesses that welcome customers into cozy spaces. nhk world's kim chan-ju has more. >> reporter: business used to be booming at this korean barbecue restaurant, but the pandemic caused his sales to plunge more than 90%. he had to let five staff members of his staff go. he still has one person on in the day time and works on his own at night. >> translator: i don't have enough customers to continue properly. i've had trouble paying the rent. everything has changed. >> reporter: some businesses are having trouble surviving, while others have found that closing down is not easy either. taxes remodeling the shop spa

so far they include cal expo in sacramento, dodger stadium in los angeles and petco park in san diego. tonight we learned disneyland resort will be used as a mass vaccination site in orange county but the park will remain closed to visitors. in the bay area two sites are being considered. today san mateo launched its first vaccination clinic. here to explain why san francisco so far has no plans to set up a site. >> t1,000 to 2,000 people get vaccinated at the county fair center where people lined up for the drive-through clinic, the bay area's first mass vaccination setup. >> hopefully what we will be able to do is learn quickly from our mistakes and create a model that works. >> reporter: officials in alameda county are expected to vote this week about launching a drive-through vaccine site at an oakland coliseum park. and the 49ers sent a letter offering up levi's stadium as a site to store and administer vaccines to residents. as for san francisco, the supervisor asked when the department of public health would do the same. >> they said that they as the san francisco department of

poshmark, petco trading dramatically higher on their representative debuts.and driven brands will carry that torch of aftermarket performance much of the 25 ipos this year playtika has raised the most the gaming developer sold nearly $2 billion worth of shares last night and this morning driven brands which owns meineke and take five oil change raised more than $800 million last night. so far we have seen 24 deals priced with proceeds over $8 billion now, that's the most ever by a long shot for the first two weeks of a year which is usually a sleepy time for ipos not so much in 2021. the every ipo raising more than $100 million has priced above the marketed raek this year and on average surged 56% since going public just yesterday poshmark jumped 142% op we on wednesday affirm doubled petco, a 55-year-old indebted retailer gained 60% in its debut. clearly this is one the hottest ipo markets we have seen in a long time. are these deals all simply m mispriced or lacking discernment from investors now, it's probably a little bit of both with an emphasis on the l

for new mask vaccination sites, together the parking lots at dodger stadium in los angeles and at petco park in san diego have the capacity to vaccinate 12,000 people a day. but tonight, the state seems to be falling behind as a whole, nearly 2.5 million vaccines have been shipped out, but less than one 3rd have been administered. >> if there is a dose that is sitting there and there is no one queued up that's in line based upon the existing peers, we want to be able to move to other priority groups, other priority phases. >> people in the education system can expect to start getting vaccinated, child care, it's teachers, professionals, across the board. >> reporter: the niners are offering levi stadium is a vaccination site, the team sent letters to santa clara county saying the facility has the technology to store vaccines, and that it would also have world-class security. make sure to download the kpix five apt to keep up with the vaccine information, and the new locations. >>> now to the hospitals, tonight less than 1% of intensive care units are available across the bay area. in sa

stadiums like disneyland and petco park. >>galli echoed governor newsom's promise to vaccinate 1 million people by this weekend but did not say how many people have been vaccinated so far since newsome made the promise last week we are into that effort we are working with counties with health providers with. >>lots of labor and business partners to make sure that this happens but regardless of the hopeful outlook and vaccine effort underway. galli says the stay at home order remains in place indefinitely in the regions with less than 15% of icu capacity available. he says the state is actively calculating the newest data to see if anything might change in sacramento, ashley zavala kron 4 news. >>governor newsome he announced yesterday that the sacramento region is coming out of the stay at home order because hospital rates actually have slow down. >>and icu capacity is starting to stabilize. take a live look at at sfo where anyone arriving from outside the united states will need and negative covid test before entering the c

so far they include cal expo in sacramento, dodger stadium in los angeles and petco park in san diegotonight we learned disneyland resort will be used as a mass vaccination site in orange county but the park will remain closed to visitors. in the bay area two sites are being considered. today san mateo launched its first vaccination clinic. here to explain why san francisco so far has no plans to set up a site. >> the vaccine, we need to find a way to scale it. >> reporter: san mateo county supervisor wants to see 1,000 to 2,000 people get vaccinated at the county fair center where people lined up for the drive-through clinic, the bay area's first mass vaccination setup. >> hopefully what we will be able to do is learn quickly from our mistakes and create a model that works. >> reporter: officials in alameda county are expected to vote this week about launching a drive-through vaccine site at an oakland coliseum park. and the 49ers sent a letter offering up levi's stadium as a site to store and administer vaccines to residents. as for san francisco, the supervisor asked when the depar

using san diego's petco park and other locations to get a million and a half people their shots this week. >> so i got mine in my left arm. >> reporter: nurses greg and laura roberts got them. but it was too late for their 44-year-old daughter, charity. she died of covid last month. >> it was very horrifying to watch what it had done to her body. >> reporter: they now want others to get vaccinated. >> what's a few side effects? i would give that in a heartbeat to have charity back. >> reporter: what's also troubling is who is dying from covid. here in l.a. county, health officials say 14% of victims had no underlying health conditions. that's double what it was when the pandemic started. cbs news, burbank, california. >>> coming up on the "cbs morning news," we will hear from the woman arrested for falsely accusing a black teenager of stealing her phone as she speaks exclusively to gayle king. >>> and cover controversy. photos on "vogue" of vice president kamala harris -- vice president-elect kamala harris, stir anger on my side. this is the "cbs morning news." ♪ smooth driving pays

stadiums like disneyland and petco park.alli echoed governor newsom's promised to vaccinate 1 million people by this weekend but did not say how many people have been vaccinated so far since newsome made the promise last week we are been to that effort we are working with counties with health providers with. >>lots of labor and business partners to make sure that this happens but regardless of the hopeful outlook and vaccine effort underway. galli says the stay at home order remains in place indefinitely in the regions with less than 15% of icu capacity available. he says the state is actively calculating the newest data to see if anything might change in sacramento, ashley zavala kron 4 news and just in to kron 4 governor newsom has announced sacramento will be removed from the stay at home order immediately. he says hospitalization growth rates and icu positivity rates. >>are stabilizing in that region we will have much more on this announcement tonight on our news at 6 o'clock. >>meantime in san francisco, covid cases and

gavin newsome announced monday will be happening later this week at dodger stadium in los angeles petco park in san diego and cal expo in sacramento in a letter sent to the santa clara county board of supervisors the forty-niners say they're also offering up levi's stadium to help speed up immunizations. what makes the 49 ers stadium levi stadium. so interesting is that it's got see if your security massive parking lot huge inside news. >>so it's really very uniquely positioned board president and supervisor cindy chavez says with a population of almost 2 million people in santa clara county. >>there's a lot of vaccinations that need to go out chavez says the earthquakes have also expressed interest in making avaya stadium available for testing and vaccine distribution a lot of people are community or ready for the vaccine. >>so we want to make sure that as people become ready and it's their turn that we can get as many people through that process as possible a spokesperson for the giants says their ball club is also in talks with health care providers to make oracle park available for

including super sites to get more people vaccinated than what was possible before including disneyland, petco park, dodger stadium, all of them in play to try to get more people vaccinated l.a. county focusing on frontline health care workers before they move to seniors, but hospital officials hope this is the start of a more accessible rollout that will lead to a decrease in cases. back to you. >> so extreme there. steve, thank you. >>> now to an nbc exclusive, the top official in china speak about the origins of the virus as the world health organization starts investigating how it first appeared in wuhan. >> reporter: one year after the virus emerged, the world health organization was in wuhan, although, two scientists were denied after testing positive for antibodies the country's chief epidemiologist telling nbc news that w.h.o. should look elsewhere. >> do you believe the virus started in wuhan >> no. >> do you believe it started in china. >> no. >> then where? >> i don't have an answer yet. >> reporter: chinese officials have long tried to recapture the virus's history. >> we need a co

fairgrounds and stadiums turning into mega sites, long lines in south florida, oe near sasan diego's s petco parkrk opg today. asas vaccine d distributioion l, tonight the c.d.c. s says more than a third of all doses sent out have been administered. >> we need to acknowledge it's not working. we need to hit the reset and adopt a new strategy to get it out to patients. >> reporter: at st. mary hospital in apple valley north of los angeles, the family of maria arieta got to have say goodbye once she had already passed. >> it's a very hopeless feeling, isn't it. >> reporter: maria left behind four children and 20 grandchildren. >> it's hurts because now we're living the pain. it could be your mom. this time it was our mom. >> reporter: and it's a tragic warning tonight. this is dodger stadium said to be the largest testing site in the country. it's being turned into a vaccination hub this week where they're hoping to give doses to 12,000 people a day. norah. >> o'donnell: jonathan vigliotti, thank you. and there is still much more news ahead here on tonight's "cbs evening news." new details int

it happened at a mass drive through vaccination cited petco park in san diego, the state's top epidemiologistding that providers use other vaccines, but one doctor we talked to today. says the majority of reactions are common side effects and not severe allergic reactions. sometimes two people have a sensation that they're going to pass out. they might have the sensation that they're flushing. and sometimes when we then further investigate those reactions, they turn out to not be allergic. 330,000 doses of the madonna vaccine have been distributed throughout the state, including in the bay area, but only a small percent of the vaccines have actually been administered. and so far no one is reporting adverse reactions from those shots. coming up the area businesses cleaning up after a man's violent rampage. why pandemic rules prevented police from taking him to jail just hours earlier, that's of significant wind out there right now, ah lot of record highs today a little bit of rain in the forecast in a lot of surf along the coast, all of the weather when we return want to save hundreds on your

governor monday announced several new mass vaccination sites, including dodger stadium in los angeles, petco park in san diego and cal expo in sacramento. this ucsf doctor is among those advocating for the cdc to throw out the current priority system. instead, she suggests a focus on higher age groups first. adding mass vaccination sites are key. the best news. we have these vaccines. they're amazing. they work so well and the on lee way we're going to truly turn around this pandemic is to get into people's arms as fast as possible. the oak. the a's are in talks with officials to use the oakland coliseum as a drive through vaccination site said. matteo says it's considering other sites, including the cow palace governors and expects california to administer another million doses of the vaccine statewide. by this weekend, julie all right, marine ayla reporting live tonight. thank you. bay area. icu capacity fell below 1% today. that's the lowest level yet, but there isn't least a glimmer of hope. new hospitalizations and icu admissions may be starting to level off ktvu is amber lee tells us t

in addition, mass vaccination sites are opening at cal expo in sacramento, dodger stadium and petco park the bay area region's icu availability is at its lowest level ever. just .7%. once again, .7. when it comes to new cases in the bay area, the rolling average is at a record high. santa clara county has more

i love petco. dusty comes from petco.st year's record numbers and what's behind all of this interest in these new deals coming to market. >> good morning, maria. happy new year. nice to be on with you again. who doesn't love woof as the ticker name. mark did a great job talking about the massive amount of stimulus in the market and talking about an additional 2 trillion more. we are in this historic paradox of having a market that is in the top 5% of valuations historically when you look at forward earnings and an economy if you measure it by gdp, by unemployment, that's in the negative, the last, bottom 5%. so where is all of this money going as a result of lockdowns, pandemic. it goes three places, it can go into necessary consumption which mark talked a little about. it can go into personal savings, personal savings is up about 2.7 trillion. and it can go into risk assets. and so what happens? every company out there that has aspirations of listing and liquidity, ipos get bought by a spac or delist. and to give you a s

the owner of the animal supply chain petco saw $864 million in an ipo.turning to the public market 15 years after it was taken private. they will continue to be controlled by the current owners which include cbc capital partners. chesapeake energy has approval for a reorganization plan that flashes about $7 billion in debt. ownership is being handed over to senior lenders. that caps a years long effort to repair the company's finances. chesapeake became bloated after repeated borrowing to fuel expansion. and that is your bloomberg business flash. francine: thank you so much. boris johnson is warning that intensive care units could be overwhelmed as the country hit its highest daily coronavirus death since the pandemic began. this comes as j&j's experimental vaccine generated a long-lasting immune response. we are joined by dr. lucy mcbride, foxhall internal physician. you are also based in washington, d.c. when you look at this one-shot vaccine, how quickly could it be approved if everything goes to plan and how much of a game changer with this actually

in san diego a testing site for eligible health care workers opens today at petco park. the goal, to vaccinate up to 5,000 people this week. >> i'm part operate owner. if we move faster and use everything we have in our county, we taught -- ought to be first if line to get more. >> for now san diego county will foot the entire bill with the expectation that it will probably receive state and federal funding later. >>> well tech companies are working on new ways to ensure safe gatherings. one las vegas company is preparing for widespread vaccinations. it developed software that checks the vaccination status of a person. it is like scanning a qr code the same way we pull all manual on our phone at a restaurant. >> what we know is they will issue a card to every person that received a vaccine. there will also be a digital record from the state. that should be accessible for -- computer software companies to be able to pull that information. >> he said he hopes the new prescreening process could revive tourism on the las vegas strip but also be used for assisted living facil

. >> reporter: using san diego's petco park and other locations to get a million and a half people their got them but it was too late for their 44-year-old daughter, chair ate. she died of covid lasts month. >> it was very horrifying to watch what it had done to her body. with the few side effects, i would give that in a heartbeat. >> reporter: what's also troubling is who is dying from covid. here in l.a. county, they say 14% of victims have no underlying health conditions. that's double what it was when the pandemic started. >>> a man has died in a shootout with police in the chicago area after going on a rampage that killed three and wounded four others. some of it was caught on surveillance video. here with more. >> reporter: a deadly rampage some 75 miles to illinois. they say jason nightingale was behind the attacks. he's accused of first walking into a garage in chicago where he shot and killed university of chicago student, fan at random. then police say he shot two women, wounding a 77-year-old retrieving her mail. a security guard was killed. then they say he came here to this

petco park in san diego and cal expo in sacramento. the alameda county public health department still must approve using the coliseum site as a vaccination center before any shots can be given there. well 3 new large scale vaccination sites are on the way to san francisco mayor london breed announced a partnership between the city and private health care providers. >>the sites will be set up at the moscow knee center also at city college in san francisco and sf market in the bayview people 65 and older again they might have to wait for a while because the city has not finished dealing with everybody in the first phase, san francisco waiting meantime for more doses to arrive beginning tuesday, everybody working or living in the city can register to be notified when they become eligible and we've got details on our website kron 4 dot com. >>and the south bay santa clara valley medical center is now vaccinating 6,000 county residents per day. officials saying they are on track to vaccinate more than 30,000 residents per week. the biggest

we have some new indications on petco. ipo price was 18, indicated 24.50. plus gain if that does hold. poshmark doubling, indicated 85. and the ceo is going to join us next i think financial illiteracy and inclusion is everybody's problem. and that's why we created rapunzl. the rapunzl app was designed for high school and college students to simulate stock portfolios. they're able to buy and sell stocks in real time. thanks to nasdaq's cloud data solution. if somebody tells you just download this app and you could potentially win a scholarship, and you're learning, it's like, yeah. information is key. having access to information at your fingertips on your mobile phone, on your desktop, or here on the screens, it really allows us to showcase what's happening out there. and so we pitched the idea of: why don't we host an investment competition on this newly built rapunzl platform? it was really cool to just sit there and like watch how the market really works. what i won was real money. so my first year of college, i ended up going debt free. data informatio

at super sites like petco park in san diego. confusion among consumers.r i.d.? is it free or does the administration cover it? what about the medical allowances? it's a public education nightmare. some states are doing better than others. vaccines being delivered in west virginia at 69% followed by north dakota, connecticut. and the worst are georgia, hawaii and california at 26%. >> the state vaccine roll-out has been disappointing. we need them quickly. >> and the usc washington projects the crest january 28 but fatalities won't crest until february 10. >> the next wave of the next week is when those people peak and need to be intubated. and then after that, you get better or you don't. >> so in arizona, 2/3s of the icu beds are full and they're predicting another surge. >> bill: thanks, william. william la jeunesse in california. have to run. big news today. we'll talk about that here on the fox news channel. until then, hold your breath. new year, new line-up coming your way. neil picks up our coverage. world world is following. stocks traded lower. h

after a firm doubled yesterday and poshmark, petco off to rocketing highs in their debut.he old jitters that the fed may remove the punch bowl sooner rather than later. is all of this angst, all of in anxiety enough to move to the sideline? or maybe should investor try to make money where money is being made? let's ask nicholas wealth management president david nicholas and key advisor group president eddie ghabour. i want to point out one fact here. according to goldman sachs, folks, late to the party retail investor absolutely crushing the s&p 500. so maybe they're on to something. maybe all of this noise we're hearing out of wall street is sour grapes. eddie, your twitter handle, is the common sense bull, so do these small investors are they doing the right thing in the microcap rally, is that scaring you? >> no, it is not, actually. i think right now we're in a goldilocks scenario, my opinion, i think 2021 for the risk assets are may have the biggest year in our lifetime as long as i've been doing this and what tells me that is all this doubt that continues to be the r

you can see here the big percent gain from the ipo prices and the slide of the pash m-- poshmark, in petco. and looking at the run there and the improvement in the banking sector was clearly in prishgs br -- price, brian. >> yes, and brutal day for wells fargo in the pricing and the stocks. now, straight to steve leishman who is standing by with the boston federal reserve president with a timely interview. take it away. >> yes, standing by, and virtually pleased to bring in boston fed president eric rosen grand to the exchange. and neither of us know when the interviews are going to be booked what the news is going to have been the day before, but in case, you the first guy out of the box that we get to ask about president-elect biden's 1.9 trillion, with the "t" stimulus plan, and i am wondering how you as a monetary policy maker feel about this proposal that size. >> thank you, steve, thank you for having me, and good to be on it is a big package, but i think it is appropriate. so, the economy is in a low right now, and we have had a series of pretty weak data, and the last jobs report h

hard rock stadium the state farm stadium in phoenix, the san diego padres petco park now all vaccine drafters or centers. still, coast-to-coast medical experts say the effort is falling behind. nationally 65% of vaccines remain unused. according to the cdc 59% of vaccines in new york remain unused. the state begins other groups. phase 1b includes those 75 years and up, teachers, police officers and transit workers. governor cuomo moving this day forward to the next phase after calls from new york city mayor bill de blasio. >> the most important thing we need right now is for the federal government, state government and manufacturers to help us get the doses we need. we are accelerating. we are going to run out of doses the next few weeks if we don't get more. >> clinics reporting throwing away doses because the governor's guidelines to focus on health care professionals. another obstacle delaying the timeline in new york is the process itself with dozens of questions about health, insurance, and scheduling an appointment. people wait for their turn to get the vaccine. johnson & johns

tomorrow, petco and poshmark set to make their market debuts.lta airlines feds will be watching comments from the chair after stock ended mostly higher today. it was a little bit of a rotation of a rotation it was the bond proxies like staples and utilities and real estate outperforming the cyclicals. what will we be catching >> the nasdaq 100 stock. or a small caps day. today was the large cap growth stocks they've gone sideways for a few months there was a little identity of dry powder them for them to take the four i would like to see their reaction to black rock's numbers. everybody knows everything's going right for them see if the stock reacts one way or another based on what it's likely to be very good numbers tomorrow >> the bank's numbers coming the following day. the ten-year stands out. we touched 118 yesterday now down at 108. >> yeah. and we thought it was going to be this tantalizing move, are we going to get above 1%. it blasted through it. it really did get stretched. i guess now it's probably more subject to news flow certainly

after governor newsom announced that's similar sites would be launched at dodger stadium in l a a petco park in san diego calif foe and sacramento. the alameda county public health department though still has to approve the use of the coliseum as a vaccination center before it can begin providing dosis. >>contra costa county is ramping up efforts to get people vaccinated officials sell the vaccination clinic on the campus of diablo valley college today as they prepare to welcome people, 65 and older to sign up and get the shot the county is still prioritizing people in the first phase meeting health care workers and folks living or working in long-term care facilities, but anybody, 65 and older can sign up to date the county has administered about 36,000 shots. >>in the east bay walnut creek doctor is trying to help people 75 and older to get vaccinated 500 doses of the pfizer vaccine have been acquired from contra costa county which the doctor will distribute this weekend. kron four's gayle ong live with us tonight in lafayette to explain how this is going to work gayle. >>grant and ka

folks driving to 680 past petco the shell, you know what we're talking about from crow canyon road theincident which is still an issue for folks accessing from the freeway. access from the opposite side. make a u-turn on crow canyon road. the rest of the bay, the green sensors, light easy dry. the bay bridge toll plaza no problems. just a little slowing as you enter san francisco. >>> a mess in downtown portland. anti-government demonstrators smashed windows at the state's democratic party building. the vandalism took place just hours following the president's inauguration. at least 100 people, many dressed in black, were arrested. >>> coming up next on "today in the bay," a look at our top stories including a final check in with kris sanchez in washington, d.c. we'll take a look at the long night of celebration and what is ahead on this first full day in office for president joe biden. you're watching "today in the bay." >>> 6:55 on your thursday morning and we are taking a live look at the white house. a new occupant, the 46th president of the united states, joe biden. everything wen

it happened at a mass drive through vaccination site at petco park in san diego, the state saying fewer than 10 individuals required medical attention in one day, the state's top epidemiologists saying out of an extreme abundance of caution, and also recognizing the extremely limited supply of vaccine, we're recommending that providers use other available vaccine inventory. fortunately these have been very rare doctor and lou with stanford specializes in infectious disease and allergy, she says she has more questions about what happened in san diego, saying locally, the majority of reactions she's seen are common side effects and not severe allergic reactions. sometimes two people have a sensation that they're going to pass out. they might have the sensation that they're flushing. and sometimes when we then further investigate those reactions, they turn out to not be allergic 330,000 doses of the madonna vaccine lot have been distributed throughout the state, including in the bay area, ranging from 21,000 doses and santa clara county to 3700 each and contra costa and san mateo counties.