apple and amazon. >> sure, since we're on amazon, let's do it. the level toll sig sight here i important. we're approaching that low right now. so, that level is 176. stock is around 174, 175. that's just slightly below the 150-day moving average. holding that is very important. hunch is it does. and this is not that big a reaction. big reactions, we know, are violent up or down. this seems fairly muted. apple is down a little bit. also fairly muted. my thinking is there's not a lot of downside on a day-to-day basis, in either of these. in fact, it's all a question if these are intermediate tops that turn out to be major tops. can't be determined, but that is the risk. >>> let's get back to the big story the day. markets bouncing off their worst levels late in the day, but the dow sliding 500 points. it had been down 750 points at its low. the s&p dropping more than a percent. the tech-heavy nasdaq more than 2% and seeing the biggest losses down just over 3%. benchmark ten-year treasury broke below the key 4% level, first time since february. a s

not helping amazon. amazon shares down 12%, which makes it the worse day of the year.sara, so amazon is the biggest laggard right now on the dow responsible for about a third of the index's weakness this morning. guidance and e-commerce business has wall street worried reflected in shares. online sales for amazon slowed to 5%, down from 7%. on guidance the first revenue miss in almost two years for amazon. profit outlook came up short. you heard ceo andy jassy calling the consumer cautious on the earnings call and said folks are trading down to lower priced items but did argue that faster shipping is giving them an negligent retail. interesting reason we got for some of the choppy forecast the cfo told us on the media call that consumers are distracted right now by the news cycle. the olympics and trump assassination are causing people to defer sales according to the cfo. going to make it a hard quarter to forecast. consumers only have so much attention. ad growth slowed. executives did say it's coming off a larger base now and they highlighted prime video ads as a rea

amazon and apple out with reports as well.nbc's senior technology reporter arjun kharpal breaks it all down for us. it's a lot, but please take us through what is driving the trade for each of them. >> reporter: dom, let me kickoff with intel which reported 2 zent cents adjusted. a huge miss. it laid off 1,500 employees as a cost reduction plan. it is a rough quarter for inn t intel. it is facing big challenges. investors are punishing the stock with the stock down in pre-trade. pressures which silvia alluded to with other names like samsung and asml lower as well. on to amazon, a beat on earnings in the second quarter, but miss on revenue. investors are particularly disappointed with the revenue guidance between $154 billion and $158 billion as the cloud development beat estimate is fr the year earlier. consumers are buying cheaper products at this point and that is pressuring results. that stock is down in pre-market. dom, finally on to apple which reported a very apple kind of quarter. iphone revenue beat estimates. people

amazon. >> scott, so amazon's cloud business aws is going to be the big priority.ching the higher margin side. growth in aws expected to be 17.6%. that is the bar. the number to beat. cap exanother big area to watch. like other areas, amazon is going to need to this read this needle on spending when it comes to ai. they want to see evidence that the company can monetize ai. amazon is known for the cash burning cycles. we've seen this before. a couple years ago they went big on faster shipping. that has resulted in better unit economics. they have given amazon a bit of a hall pass and they can return the capitol. ecommerce, investors are looking at north american margins. that's key to the profitability. you have the ad business that's been a big part of the bull case. >> kate rooney, we'll see you in o.t. alex from big tech technologies is here. apple, still waiting on that. some suggest it's not that big this quarter because you will only get so much info on where iphone demand is. how do you see it? >> i think it is important. you will see how they expect the iph

mark tepper, amazon gets to stream the nba games. that is a huge deal for amazon.> without a doubt. one of the main things that came out of this whole cord cutting we've seen happen over the course of the last several years is advertisers are real really only advertising during live news programs like this or live sporting events and the fact that amazon is able to pluck that away from tnt, that's a huge deal for amazon. now, the consumer and sports viewers, things are becoming more challenging. you have to go to hulu for this and netflix for that and amazon for that. if i want to watch cleveland guardians play, i had to get fubo. i never even heard of that . i had a sign up for a subscription for that. things are getting muddy for how consumers watch the sporting events. stuart: i see your point there. governor tim walz with a lot of criticism going his way saying one person's socialism is another person's neighborliness. neighborliness. lauren: correct. stuart: got it. a federal judge from harvard must face an anti-semitism lawsuit and the school is accused of fa

third, i believe amazon's alibi for missing sales. there could be more shopping on some days than other days, right? and these guys need to keep the flow going. that's why they pushed the nfl to have a game on black friday. this f. they can get you to stay home and order during halftime rather than go to the mall that's a win. maybe they shouldn't have the jets this year. why not believe amazon when they say the olympics were an at attempted sachks interrupted ordering? ams does not stand still. if you don't think they can cut the cost of spending for sending you the cheap essentials you don't know the way amazon works. getting costs down is what they live for i believe they'll figure it out pluts historically it's been a huge mistake to count these guys out let's get this straight, if amazon takes over the essentials market the consumer habits change you might just cut out the local supermarket or walgreens or cvs entirely. we know drugstores are channeled already. they can't afford a price war with amazon for heaven's sake with its

grow inside amazon.d: we are short on time. looking at character -- muska weighed in. what is going on? katie: this is another ai acquisition rumor. we have heard there might be some interaction between character ai and xai about potential. a deal is not yet done and that is what elon is weighing in about. we have heard there is something going on. it remains to be seen whether a deal actually happens. ed: katie ruth, thank you very much. before we had to break, we want to turn our attention to the bank of england, which cut interest rates for the first time since 2020, and signaled further cautious reductions ahead. we sat down with governor andrew bailey. have a listen. andrew: don't expect we are going back to zero, because he wrote was the product of the financial crisis. i think to get to there, something really bad has to happen. we will be lower than where we are today. ♪ ed: you are looking at a live shot of the principal room. check out our podcast. this is bloomberg. i want to talk about github

lauren: and the first two on that screen had earnings, apple and amazon. amazon's weren't so good.e fine, that's why they're down the rees of -- least of the bunch here. stuart: chipmakers mostly sharply lore. amd and monolithic power, they are the excepts -- exceptions. nvidia down 4%. 9 bitcoin, what have we got? lauren: it too is lower moving with equities. this is global slowdown, down at $64,800. stuart: and by the way, oil -- because it looks like the economy is slowing, you're back to $74 a barrel. lauren: two oil giants reported earnings, exxonmobil, they did fine. and chevron, which is now officially moving its headquarters from california to texas, they're having trouble getting one of their deals through. oil prices were up in the quarter while natural gas prices were down. now you have the reverse situation. oil down 2, global slowdown -- 32%. stuart: -- 2%. another big story that's developing is venezuela. secretary of state antony blinken is calling for a peaceful transfer of power. he says it's clear maduro's opponent has won the election. congressman carlos gimenez

that is where microsoft and amazon as well. i think the amazon a.i.tory really hasn't been as, i would say, as big as microsoft has been. not as headlining given openai and others talking about it quite a bit. it is clearly an area that amazon is focusing on. >> stay with us, arjun. >>> let's look at apple now after posting a beat for the fiscal quarter with revenue and earnings per share above estimates. is iphone sales came in higher than expected, but dipped around 1% on the year. now, i'm pleased to say that neal, our research vice president is joining us to discuss what is happening in the tech space. neal, good morning. thank you for joining us today. i would like to start by asking you, really, about what is your impression having heard from apple, what is the outlook for this stock at this stage? >> for apple, i would say that revenue is pretty stable with respect to one part of the business which is growing handsomely. it is not the revenue. if you leave out iphone, mmac and ipad aside. as you go toward q4, you would see some sales from iphon

i mean, aws did well for amazon, but amazon, the stock didn't do so well. >> yeah. fed speak will be the other thing to watch starting with goolsbee. that does it for us. "fast money" starts now. >>> in the heart of new york city's time square this is "fast money." here's what's on top tonight. a major market selloff. stocks limp into the weekend as the dow falls over 600 points and rates tumble. the ten-year falling to 3.8%. will this friday fade continue into next week? we'll debate that. plus, a freefall at intel. shares crater down 26% today as the chipmaker cuts its workforce, halts its dividends and gives the street a grim forecast. how did they go from chip pioneer to industry after-thought? >>> a bruising day after earnings for amazon and a surprising number of bright spots in an otherwise awful day for your money. i'm melissa lee coming to you from the nasdaq. join us on the desk. markets closing off their worst levels of the session with the nasdaq sinking 2.5%. it is now down more than 10% from the all-time high hit just three weeks ago. the s&p down 2% w

and like paperback policies to amazon and back to the business model. now i, i still claim that the platforms were to be moved to a very good profit or i would still in the imagine that the i didn't big losses because we have spinning investment space. so. so in that sense, i don't think of any other big tech would be paying much taxes. so why would think the comma samantha be so concerned about the extra $0.20 and $1000000000.00, but we're going to be invested in india. i think the concern that's going to affect the look in the last 15 minutes or so. right. or maybe 1012 years or so. amazon would have already invested our $10.00 to $7000000.00 by $1000000000.00. now we're in the red, one of the, in the next 56 years they are saying that they're going to be mean be i'd be willing to invest in india and they're going to invest more light, which means that they're going to take mary office and have them fix motor off if i'm disabled, to see some profit down the line so, so, so in, in the sense they fight over commerce minister. what i will see that was, t

scarlet: it's a tale of ecosystems at apple or amazon.always appreciate you speaking with us. coming up, we are going to talk about real estate and by greg friedman, whose firm owns 6 billion in real estate, says that the sector is shifting towards normalization. this is bloomberg. ♪ my career in crossfit was the greatest lesson in teaching me how to confront pain. it's not the scale of how painful it is, it's just you confronting something that you just don't want to do. doing that week after week after week for a decade built a resilience in we're supposed to have many chapters in our life. when those chapters are starting to close, it can be either painful or exciting. what's on the other side of it has huge, immense opportunity. >> i read a statistic today that young fry tag out that luxury hit a 9% demand growth in the month of june. the economy end of the hotel segment was a 2% drop. so, we are in the right sector. scarlet: that was sean hair at trinity explaining how luxury real estate remains strong. i'm pleased to say that greg f

talk about amazon. what do you think there? >> so we don't cover amazon.rking names. i wish we could comment. >> a name for today. ask you as a separate question. maybe this touches on the whole ecosystem and touches the a.i. piece. looked, saw meta earnings. everybody's crazy about meta right now. one of the questions that i have about that is, talking about llama. they're open source model. how much do you think the possibility of the open source model coming out of meta actually hurts everybody else? meaning, everybody else is doing these sort of close source models. whether people say we don't need that. able to base what we're doing off of what meta's doing? >> we cover other companies that are more infrastructure platform related. while apple is much more of a closed ecosystem to your point. apple developed their own small language model impressed directly on to an iphone. the modal that works best for apple. llama isn't particularly operate for apple. they want a model works in conjunction. apple made the right strategy. what's needed to run this is

liz: folks, amazon.d the nasdaq 100, so when it goes down, it casts a big shadow over the markets at this hour. it is down about 9.5%. that's not even the worst of the session here. the stock of the e-commerce, cloud, and of course streaming giant is plummeting to the depths of the dow, the s&p, and the nasdaq. actually if it weren't for intel, amazon would have a much bigger bruise. intel is the worst performer on the dow. amazon missed on revenue for the second quarter. the stock is losing nearly $200 billion in market value as amazon ceo andy jasse said here's the reason. consumers are seeking cheaper alternatives. amazon's known for among the cheapest alternatives of just about every product, so, you could interpret that to mean customers are not buying anything. on the flip side, magnificent 7 component apple living up to its hype. shares as we showed you earlier, were doing very nicely. so much so that they are right at the top of the , actually, they are the fifth biggest gainer here on the dow jo

s of space, this facility is one of amazon's largest in the country, along with three cargo planes and00 delivery vans in its fleet. amazon says it aims to be able to deliver packages in two days, so we receive it at the honolulu airport. >> we work with third party vendors there, who then take that volume. they put it on one of our trailers, and then our trailers will meet us all the way at the far end of the building. that's where our inbound dock is. >> as one of amazon's newest facilities, they've implemented some of the top of the line technology here. and this conveyance belt is an example of that. once the packages come in, they'll be placed on the belt. a computer scans that package and it decides which hamper to drop that package in. an employee will come take that package, scan it, which will tell them which tote to place it in. they'll put the package in these totes. the tote will be placed in a delivery van and then it's off to you. operations are scheduled to start august 6th, with the first deliveries going out on august 7th. jill kuramoto khon two news. >> and that will

plus, we break down the results from amazon and apple. intel shares falling by the most since 1982 as the company offers a grim forecast and slashes thousands of jobs. the picture is severe this friday. the focus is the technology sector. this is the nasdaq 100 over the course of the week. we are on track for a fourth-straight week of declines, matching the run we saw in april of this year. we have entered a technical correction on the nasdaq. at the moment about 80 names, fewer than 20 in the green -- 80 names in the red, fewer than 20 in the green. we are going to go into the earnings story with amazon and apple and later a detailed look at intel. yes, that is a 28% decline. about 15,000 jobs will go. they basically have admitted that they were slow to respond to their reality that their market is not going well from a topline perspective. we are going to get deeply into apple, which is a bright spot. we are seeing a return to revenue for the quarter, but apple, not offering much in terms of clues about an upgrade cycle when it comes to

kate rooney, what's going on with amazon?on the screen, one of the biggest laggards, the biggest on the dow, if you look at just the dow today, it has to do with the jitters around the consumer and this choppy forecast we heard about for the third quarter. you step backwards amazon was seen as this hedge in mega cap tech because it also had the consumer business. it wasn't just an ai play. that is working against the stock as investors worry about the broader economy. revenue guidance missed for amazon for the first time in almost two years. profit outlook came up short. online sales growth did slow. ceo andy jassy on the call with analysts called the consumer cautious. he noted that folks are now trading down to lower priced items. cloud growth, though, that aws side of the business, revenue up 19%, better than expected. amazon does plan to spend more this year after spending $30.5 million in the first half. the company now expects capital investments to be higher in the second half. they say the majority of that spending go

. >>> amazon generating the wrong kind of buzz, why some are sounding off about the company's new drone delivery program taking flight in texas. >>> and not expecting someone like you. keith urban pumps up fans at an alabama gas station with an impromptu concert. it's monday, august 19th. "early today" starts right now. >>> good morning, i'm richard lui. vice president kamala harris takes center stage today as the democratic national convention kicks off in chicago. the dnc releasing its party platform overnight, which was approved before president biden dropped out of the race. the 90-page document emphasizes the party's top issues including the economy and strengthening democracy. going into this week's big event polls showing vice president harris gaining some ground on former president trump in key swing states. she and her running mate governor tim walz hit the road in their new campaign bus this weekend. crisscrossing battleground pennsylvania to try to build on that momentum. >> when you know what you stand for you know what to fight for. when you stand for working people you fig

let's move along to amazon, also on deck. in focus especially after microsoft's azure service missed expectations. let's bring in james chuckmuck. james, great to see you. a lot of love for amazon when we talk to tech investors lately. what do you think would deminish those flames? >> we've been worried about big tech a lot lately, particularly with apple and microsoft. but that being said, meta and amazon were the two out of the big tech that were standouts in terms of most favorable risk/reward. that being said, i do think that you should be able to continue the accelerate on the aws front, improving on the 17% growth last quarter, up to 18% this quarter. continued efficiencies on the operating expense line and driving that upside surprise in terms of operating profits. so they have a lot of levers to pull. we think the setup is decent here, but that being said, you've got to stay aware of the broader economy slowing down and the implications of that for the third quarter. >> you're looking for operating efficiency when oth

. >>> and why complaints about amazon delivery drones are soaring in one town. ♪ >> announcer: this isnbc nightly news" with jose diaz-balart. >>> good evening, we start tonight with those dangerous conditions in the atlantic. hurricane ernesto making a direct hit on bermuda overnight. the slow-moving storm bringing a triple threat of strong winds, heavy rain, and flash flooding that's leaving visitors to the island stranded. and while it is hundreds of miles away, ernesto is also causing havoc here in the u.s. take a look at this house in north carolina's outer banks, sliding into the ocean. taken out by massive waves caused by ernesto. coast also prompting beaches like dangerous surf along the east coast also prompting beaches like this one to close in new york on one of the last weekends of the summer. we'll get the latest forecast from angie lassman in a moment. but we begin with guad venegas reporting from the storm zone in bermuda. >> reporter: tonight, bermuda reeling after a direct hit by hurricane ernesto. the storm battering the vacation paradise before dawn with fierce winds

stuart: how about amazon? as well. >> what amazes me about amazon is they just keep finding ways to sell more stuff and, this is important, stuart, sell it more profitably. part of it has to do with the fact that they have internalized their shipping. of over the next quarter of two, we are going to see amazon ship almost 95% of all the stuff bought on their site. it's been a disaster for ups, but -- and to the lesser extent the post office, but amazon by internalizing it is controlling its margins, and it's take more slice out of that total dollar amount that people are spending. stuart: you got a target price on amazon? >> i keep moving it up -- [laughter] stuart: you do, don't you? >> i just keep moving it up. and and i think that's what you have to do with these big growth stocks that just keep moving up. you say, what do i think they're going to earn this year? it might be 10% higher than i thought. you know, you do it gradually. stuart: taken togetherrings are big tech stocks back on their way up many? >

amazon reportedly has these plans to cut finance. the shares down 4% and only 40% this year, david. >> yeah. it's been a tough time for intel. the business model's really fallen out of bed. an invested return when they used to be in the high teens. free cash flow has been negative. unfortunately a lot of the turnaround is already priced in, so the market's giving intel credit for getting back into business or back to form, but, kelly, you know, we think that that's probably good enough for now. i don't really see a lot of upside in the stock given that so much of the turnaround is priced in. >> this was one of the great american companies, and it has been an also-ran now through several cycles here. is it a survivor? >> it's a good question, tyler. you would think with the c.h.i.p.s. act with all of the caps flowing in for the domestic production, that would be a huge windfall for intel. that's why i think the turnaround is priced in. so i think it's going to stick around, but it's probably going to be sort of, you know, making the c

we have come here today to ask google and amazon to stop profiting from apartheid. kridel magazine.comment: simultaneously with the start of the gaza war, the cooperation between the zionist regime and these technology giants has expanded significantly . according to the report of this publication, this information helped the zionist regime in carrying out assassinations and airstrikes that led to the deaths of civilians . israeli airstrikes since october 7 have killed tens of thousands of people in gaza, most of whom were women and children. genocide by the tech giants. employees of amazon, google and microsoft accuse them of being the technological backbone of the regime's downfall there are zionists in gaza. alireza moradi, radio and television news agency. the american judicial system continues to prosecute the claimants. electoral fraud another politician was convicted of fraud in the american elections. arizona republican larry pellegrino was accused of signing the document that helped trump win the election 4 years ago. the arizona court has prosecuted 18 other election fraud

the role of global warming in last year's drought in the amazon mesh. it is not clear. at the same time, other factors like el nino are also important and effective. marie marmontel, the head of the project at the mamaro institute , says that studying the behavior of the dolphins will show . is the water temperature the reason for these changes? now, or a combination of these factors has created such behavior in dolphins. dear viewers, thank you for your attention. they are waiting for their guest , they go to greet him not with their feet but with their hearts . it's hard for them to speak. thank you for coming, but their language is only good. work and social welfare , not an hour after the vote of confidence from the parliament , instead of going to the ministry , he started serving the people of behesht imam reza charity. adaptation of roads was also one of the other wishes of the disabled. our main concern is work, housing. work and social welfare announced the follow-up to provide support resources for the disabled community. we passed very good laws in the previo

. >> amazon is bringing talent together in downtown san francisco.zon web services opened their generative ai hub wednesday night. it's a pop up space where entrepreneurs, startups, founders and developers can collaborate. >> generative ai is like a new thing for all of us, and we're all trying to figure out how to not just like, chat, but really build really valuable, useful applications. >> ai art was on display. a robotic arm uses software that can mimic real brushstrokes. artists can make a design and then sell it to multiple buyers. another demonstration was held by an artist who did a q&a using her holographic avatar. we spoke with jamie neuwirth, head of startups at anthropic. >> i think that i hope that people come here with an idea for what they want to build. it's great to have something in san francisco. people can come in person. a lot of creative folks here are building new things. asking a lot of questions. again, all these tools are so new and so having a space for everyone to work together and collaborate, especially right here, right

amazon's new generative ai exhibit. it's scheduled to launch today at the company's offices in the financial district. >> these little guys are helping us market and drive awareness of the aws ai loft that opens tomorrow. but in general, the takeaway is we're seeing developers take generative ai and apply it in lots of cool, interesting new places. >> according to amazon, the generative ai hub will host three day boot camps for local entrepreneurs to get hands on experiences with ai. >> all right, i'll do my own forecast. no, i here, but some of the ai projections do bring a pretty good system down here on friday. today, though, will be the transition day. more so tomorrow. but we went from warm to hot on tuesday to windy and much cooler by the time we get to friday. that's the wrong graphic, steve. so we want to go the other way. it should be the other way. and i'll show you that next time. we do have temperatures in the 50s on the temps or 60s, and there's some fog forming pretty rapidly here. still 50s though. windso

, or what, sure, amazon, listen, yeah, lush nature, like our amazons, listen, cool. so what andy, where did we come? finally took a walk, now we'll try rowing a little, exactly like you said, you organized it for me today, yeah, well, and you can, a little, but you can't swim, so i don't know how we'll do it, it's dangerous, but still today, i think it's the most interesting. very beautiful view amazing just and you understand why well, to see better how the athletes gribut work naturally of course. and andy, all such good ideas that we went inside, because for, when they are in the water, they look different, here it’s just, cool, let’s try, just, honestly, i’ve never done anything here, i don’t know how to grieve on this, but still try, andy, how are you doing it, listen, in general the topic, i need, okay, even as a person who can’t swim, this is what i would do. i’m tired, my arms already hurt, so i suggest we go on, yes i agree, we ’ve already seen everything here, now to go out, oh, i don’t want a launch, everything, but still. they were born in different parts of the world. i am

the proximate reason for asking caleb to be on the show tonight was the amazon cancellation. of his bookous four years without the remotus complaint raised against it, but just as the coup in washington was getting underway, and when the forced removal of the sitting president of the united states was being affected, and when the wheeling towards camela harris began. in the liberal mass media and in the democratic party's councils of war. hey, whoop! pool caleb mopan's book on camela harris, but you'll have much to say on what happened in the congress to caleb. thank you very much for joining us, i promise you will come to your book, but give me your thoughts on the orgy of adulation uh towards benjamin netanyahu in the united states congress. difficult for the rest of the world even begin to understand it? well, it really shows that the usa is not the democratic society that it proports to be uh, because if you really look at the polls, the american people are not as enthusiastic, anywhere near as enthusiastic about israel as the congress is uh, and that it's pretty clear that uh, as th

owned amazon.ld, jacob. >> i think you should. stuart: thank you very much i'll take your queue but my question be why should anybody invest in big tech? at this moments when our government is attacking big tech big time. >> first of all when you look at alphabet, the judge said it was alphabet that you're zeroing in on. there's nothing right now in terms of amazon or microsoft. just for the moment number one. number two, the whole thing it's more bark than bite thing? that has been true for a long time and i understand you might be playing with fire if you continue to think that, but until there is some bite and it's not just bark you're going to get earnings growth and just watch these stocks continue to go higher and be in a bull market and you can't sit on your hands and cash. stuart: i remember the government attacking microsoft 20-odd years ago and they broke microsoft. they were down doing nothing for 10 years. >> yeah, i might be a little bit naive. stuart: you're just young. that's the thi

we're here today to ask google and amazon. at the same time as the start of the gaza war, the cooperation between the zionist regime and these technology giants has expanded significantly. assassinations and airstrikes that have resulted in the deaths of civilians have helped. israeli air strikes from october 7 to he killed tens of thousands of people in gaza, most of whom were women and children. genocide by the tech giants. employees of amazon, google and microsoft accuse them of being the technological backbone of the israeli occupation of gaza. alireza moradi, radio and television news agency. the spokesman of the us national security council announced the country's readiness to increase aid to the zionists with a wide range of military capabilities. america is the biggest donor it belongs to the zionists and in the last 10 months , according to some estimates, it has reached 38 billion dollars . israel has no chance of survival without the support of the united states and not only is it desperate to maintain its internal

amazon, for example, you see them going to 225? >> yeah. we bumped up amazon to our top pick.the last quarter, expectations have, therefore, come down a little bit. some concerns over margins and revenue growth strength and advertising revenue growth strength, and we think those fears are probably a little bit overstated, misplaced. so, yeah, amazon, one of the highest quality names we cover, and when we get those dislocation understoods, they generally rise in our hit list. stuart: i always think of amazon as a retailer. are they getting a bit of a bump-up because the classic retailers, walmart, a target, they're doing so well? >> well, i think walmart gave us a pretty good data point yesterday. it's not like the u.s. consumer is swimming, but the u.s. consumer is trending pretty well. i'm not sure i get that analogy right, stu, but the read-through from one of the largest retailers, and look at amazon's results as well. they've talked about a softness with the american consumer, but they've been talking about that for a year. the key thing for investors is it's not gotten wo

a well-known figure indeed. the proximate reason for asking caleb to be on the show tonight was the amazon cancellation of his book on camela harris, which had been selling tidily over the previous four years without the remotest complaint raised against it, but just as the coup in washington was getting underway, and when the forced removal of the sitting president of the united states was being effective. and when the wheeling towards camela harris began in the liberal mass media and in the democratic party's councils of war, hey, whoop, pool, caleb mopan's book on camela harris, but you'll have much to say on what happened in the congress to caleb. thank you very much for joining us, i promise you will come to your book, but give me your thoughts on the orgy of... towards benjamin netanyahu in the united states congress, difficult for the rest of the world even begin to understand it. well, it really shows that the usa is not the democratic society that it proports to be uh, because if you really look at the polls, the american people are not as enthusiastic anywhere near as enthusiasti

a well-known figure indeed. the proximate reason for asking caleb to be on the show tonight was the amazon cancellation of his book on camela harris, which had been selling tidily over the previous four years, without the remortius complaint raised against it, but just as the coup in... washington was getting underway, and when the forced removal of the sitting president of the united states was being effected and when "the wheeling towards camela harris began in the liberal mass media and in the democratic party's councils of war. hey, whoop, pool, caleb mopan's book on camela harris, but you'll have much to say on what happened in the congress to caleb. thank you very much for joining us, i promise you will come to your book, but give me your thoughts on the orgy of adulation uh." towards benyamin netanyahu in the united states congress, difficult for the rest of the world even begin to understand it. well, it really shows that the usa is not the democratic society that it proports to be, because if you really look at the polls, the american people are not as enthusiastic, anywhere near

i find it extraordinary that his books were pulled out from amazon. um, i also find it extraordinary. i was one of the very first to mention about the 25th amendment, which, as you say, is the right to replace uh the president when he's incapable of doing the job, and the question i have, which is a wider question is, if he's incapable of running now, why is he still capable of running uh the country? and surely, and i thought this might be brought in earlier, uh, they would have look at that sort of side and say, well he can't. run the country, most important country, but powerful country in the world, if he's incapable, he should be replaced now, and then komela would instantly get the job, but what i wanted george, i mean you've been a victim yourself of media reports and we're living in a very diseased information age, drowning, if you like in a sea of misinformation and disinformation, and it was mark twayne who said, well, if you don't read the newspapers, you're ill informed, but if you read them, they're misinformed, what i wanted to talk to y

amazon, google, and microsoft cloud services include apps for marking goals. for bombing , it is a system to view live images of drones in the sky of gaza, as well as command and control fire systems. according to avidad ben, an official of the israeli army, cloud services can potentially increase the lethality of the army. the cooperation of the zionist regime and tech giants. in order to store data , a contract worth a tenth of a billion dollars was signed with google and amazon in the name of project nimbes. we have come here today to ask google and amazon to stop profiting from apartheid. at the same time as the gaza war started, the cooperation between the zionist regime and these technology giants expanded significantly. according to the report of this publication, this information has helped the zionist regime in carrying out assassinations and airstrikes that have resulted in the deaths of civilians. tens of thousands of people have been killed in israeli airstrikes since october 7 martyred in gaza, most of whom were women and children. genocide at the

stuart: amazon and apple after the close today. >> amazon, focus on the consumer. where the spending is. with this manufacturing report, focus on that. let's focus on the economy component. apple, this is an in-between. it's all about what's coming next with the iphone launch. i'd focus on how much are they spending on generative a.i. because that's what a matters. stuart: lou, thanks very much, indeed. quick look at c.h. robinson. it's up -- what do they do in. lauren: they're a logistics company. they move product, right in it's a bellwether for the economy. this is the biggest increase since 2007, making them, obviously, number one on the s&p. they're up not because the economy is in great shape and there's great demand, they're up because they're cutting costs. and with that they did get an upgrade to the equivalent of buy at a jpmorgan, so nice gain. stuart: what about shake shack? lauren: strong same-store sales. if shake shack up 17%. they do expect to the to achieve positive free cash flow this year. that would be the first time in seven years. they've got

. >> amazon is bringing talent together in downtown san francisco.ices opened their generative ai hub wednesday night. it's a pop up space where entrepreneurs, startups, founders and developers can collaborate. >> generative ai is like a new thing for all of us, and we're all trying to figure out how to not just like, chat, but really build really valuable, useful applications. >> ai art was on display. a robotic arm uses software that can mimic real brushstrokes. artists can make a design and then sell it to multiple buyers. another demonstration was held by an artist who did a q&a using her holographic avatar. we spoke with jamie neuwirth, head of startups at anthropic. >> i think that i hope that people come here with an idea for what they want to build. it's great to have something in san francisco. people can come in person. a lot of creative folks here are building new things. asking a lot of questions. again, all these tools are so new and so having a space for everyone to work together and collaborate, especially right here, right on market s

and that's amazon's middle name.s they've got the best beat on how to use ai to figure out your buying patterns and same day delivery, something that only costs costco and walmart the only ones that can possibly beat them when it comes to price but not delivery. maybe walmart plus for delivery. how about salesforce? they reported last night. they know how to use a generative ai to create smart agents that can answer pedestrian questions. very important because pedestrian questions are about 90% of what customer service reps need to happen. it will allow for massive expansion across margins as bots are a lot cheaper than people. we'll learn more at the company's dreamforce festival in three weeks. again, not a barn burner but that's the point of artificial intelligence. ai doesn't burn barns. it simply imitates us which can be pretty valuable if you run a business. that stock should have been up not down today because the use cases were so compelling. i don't know what happened, it was a mistake to me. i say goodbye t

amazon, walmart.f big companies that have these sustainability goals and they're rung businesses. so what's the most economic solution to meet their needs? what can provide the operating capability that their business needs? so that's what we're really focused on for our customers. >> let's talk about data centers for a second. i know from some of the work that i do with an outfit called rbn they put out really terrific stuff today which is that there are certain areas of the country just don't have enough power anymore. and if the data centers want to be there, particularly actually in the northeast, virginia, they just don't have the power. what can you do to ease the power problem for these data centers that desperately need to open up but the gaining factor is power? >> exactly. we're seeing a lot of growth in data centers. we have a need for more data storage, ai, gen ai. this is a trend that's going to continue to happen. and having power and having reliable power is critically important for the

amazon same-day is aggressive.ks in price for this stuff -- >> all this coming in the backdrop of the argument about grocery prices. >> albertson's saying, we're the union alternative, and we do have the union president. harris is not president yet. but the ftc just hates this deal because they don't want a safeway. you know what they call it when heaggan -- >> they need a big win at the ftc. they will claim they've won many cases, be many of the high-profile ones, whether it's microsoft or amgen horizon, they have not proved victorious. >> this is what everyone should remember. they don't want a hag-way. that's what the safeway deal devolved to. hag-way is what they called them. my daughter had a hag-way across the street from her. come on. that's not good for the ftc. >> get ready. you got a "mad dash" coming up. stand something >> i don't think we're going to stand. maybe we'll stand. we'll see. you can take a closer look at my sneakers. take another look at futures. we get started with trading, less than ten mi

amazon pharmacy will deliver them to your door. have to get to the door. ♪ i asked deadpool to show off my 100% all white meat spicy chicken strips. ...not really what i had in mind deadpool. starting at $5.50! with brand new dipping sauces. see marvel studios' deadpool and wolverine in theaters july 26th. welcome to jack in the box! >>> then, now.

"the approximate reason for asking caleb to be on the show tonight was the amazon cancellation of his book on camela harris, which had been selling tidal it over the previous four years, without the remotest complaint raised against it, but just as the coup in washington was getting underway and when the forced removal of the sitting president of the united." united states was being affected and when the wheeling towards camela harris began in the liberal mass media and in the democratic parties. councils of war, hey, whoop, pool, caleb mopan's book on camala harris, but you'll have much to say on what happened in the congress to caleb. thank you very much for joining us, i promise you will come to your book, but give me your thoughts on the orgy of adulation uh towards benjamin netanyahu in the united states, congress, difficult for the rest of the world even begin to understand it. "well, it really shows that the usa is not the democratic society that it proports to be uh, because if you really look at the polls, the american people are not as enthusiastic, anywhere near as enthusia

i think amazon also if you look at amazon, it's 20% off the highs and it's in correction territory and. i think these are big names that could be very comfortable and probably not chasing the bio-tech index and small cap on days like this but america's greatest companies are comfortable adding to this today. stuart: what would you do or say if the federal reserve would jump in with a emergency rate cut in a very near future? would that be a good or bad thing for wall street? >> i don't think they need a emergency rate cut. but they should cut rates recently. i do think that inflation is a little hot and ppi is hot and they cut rates and not drive inflation straight up. it's good for the market and cutting rates stocks don't perform well and pretty historic highs for the last 10 ten years and helping the market out quite a bit. stuart: kyle wall calls this -- kyle wool calling this a necrocorrection. thank you very much, kyle. lauren, talk cryptos and we just saw wit coin down to about -- up to 54,000 a coin as of now. had been at 48. what are the rest of the cryptos doing? lauren: they

amazon -- the consumer for amazon has been somewhat soft for about a year.hink things are going to get materially worse. in that case, you want to buy this kind of correction on a name like amazon, and google, real quickly, you got a product cycle here. i think people underappreciate how much better their search product is. the big headwind is the doj, but assuming that doesn't turn dramatically negative for google, i like google as a product cycle place to be our number two pick amongst those three. >> mark, you mentioned -- so, the consumer concerns for amazon and then the overhang of regulation on google, but what about for both of those, the capex cycle? and whether you're getting questions or management's getting questions about payback. it seems like that's been a big feature of this quarter. >> yeah, i'm sorry, mike, you nailed it. that's obviously been a new one. the two biggest concerns have been how much cyclical exposure do these companies? a lot. and how much softness are they having to deal with? the other one is the capex numbers keep rising. o

amazon has been chosen for a uk trial to deliver parcels using drones.e delivered within an hour of being ordered. the service is already running in parts of the us as emily brown reports. well, it's been a decade since amazon founderjeff bezos announced drone deliveries. we did know that it would be a possibility when amazon said last year that it would start using drones in the uk, but we just didn't know when that would be. amazon is one of six organisations selected by the civil aviation authority to trial beyond visual line of sight drone flights. that means operators won't maintain physical sight of the drones. the prime air service is expected to launch in the uk by the end of the year. small packages will be delivered in less than an hour of an order being placed. amazon has already been offering drone deliveries in the us, in california and in texas, and this isn't the first time drone delivery services have been used in the uk. the uk's first service was launched by royal mail and skyports. drone service in 0rkney, which initially ran for three

we'll follow a disappointing forecast from amazon and intel. apple flagging weakness in this china business. plus, sedane reports 115 jump and we'll break down its results next. this is bloomberg. did you evy we wouldn't get to enjoy this? [jeff laughs maniacally] (inner monologue) seriously, look at these guys. they are playing great. meanwhile, i'm on the green and all i can think about is all the green i'm spending on 3 kids in college. not to mention the kitchen remodel, and we'd just remodel the bathrooms last month. with empower, i get all of my financial questions answered. so i don't have to worry. so you're like a guru now? oh here it comes— join 18 million americans and take control of your financial future with a real time dashboard and real live conversations. empower. what's next. ♪ paul: welcome back. let's get a quick recap of tech earnings we've got out of the u.s. apple reporting better than expected revenue growth in the quarter that ended in june. sales in china fell by 6 1/2%. the company says it sees upcoming a.i. features

therefore there could be a couple headaches here for amazon.et's see. >> sylvia, thank you. >>> the cdc has issued guidance for doctors on how to handle pain maintenance around iuds. this comes after women talking on social media about how painful it can be. one reported a pain score of 65 out of 100, while doctors rated their pain at 35. physicians are advised to offer options, including numbing medications and sedation, although they are not often offered. >>> still to come, just in time for season 50, our first look at the snl movie, and california here we come. how the golden state srsta may be ushering in the next olympics. and i use this. febreze has a microchip to control scent release so it smells first-day fresh for 50 days. 50 days!? and its refill reminder light means i'll never miss a day of freshness. ♪ pain means pause on the things you love, but... green... means... go! ♪♪ cool the pain with biofreeze. and keep on going. biofreeze. green means go. i am obsessed with olay's retinol body wash. with olay retinol body wash, 95% of wo

i suspect we're going to do the same on amazon.rough a position of strength not weakness because whaile doing that they're giving you improving margins. meta that you the advertising business and amazonp from aws and from the advertising business and international. >> it's a busy week for sure. appreciate you taking the time to join us. hope you're able to rest up before the deluge after the close today. >> thank you so much. >> when we come back, u.s. steel sale to japan's nippon facing opposition across d.c. one of u.s. steel's largest shareholders does see a path to a completed purchase and he will join us up with his take and talk about the outlookor f deal making this election cycle after a break. >> welcome back. my next guest runs one of the largest event driven hedge funds on wall street and makes bets on whether deals are going to get done. last time he joined us matt explained by elon musk's purchase of twitter would close on the agreed upon terms, and he was right. he said nippon steel $55 a share all cash purchase of u.

yes, not even amazon could lift wall street out of its funk.in the e—commerce giant fell more than 4%, after its reported sales grew 10%, to $148 billion. now, that marked a slowdown from the prior quarter, and it has forecast further weakening in the months ahead. it wasn't the only tech firm, either, that left investors with a sour taste. intel's stock plunged after the chip maker said it plans to cut 15,000 jobs and announced disappointing results and sales site that social media company, snap. the only bright spot, apple, despite a drop in iphone sales. wall street's jitters started even before big tech earnings came out. the dowjones fell nearly 500 points after weak economic data sparked fears that the fed won't asked —— act fast enough to avoid a recession. the ism manufacturing index fell to its lowest level since november. now with markets reassessing the health of the us economy, the health of the us economy, the government has met monthly jobs report, which is due out a few hours from now, could bring even more fireworks. as michelle

s of space, this facility is one of amazon's largest in the country, along with three cargo planes andys it aims to be able to deliver packages in two days, so we receive it at the honolulu airport. >> we work with third party vendors there, who then take that volume. they put it on one of our trailers, and then our trailers will meet us all the way at the far end of the building. that's where our inbound dock is. >> as one of amazon's newest facilities, they've implemented some of the top of the line technology here. and this conveyance belt is an example of that. once the packages come in, they'll be placed on the belt. a computer scans that package and it decides which hamper to drop that package in. an employee will come take that package, scan it, which will tell them which tote to place it in. they'll put the package in these totes. the tote will be placed in a delivery van and then it's off to you. operations are scheduled to start august 6th, with the first deliveries going out on august seventh. jill kuramoto khon two news i'm back here in the bay area. >> a water main burst i