reporting. microsoft did well. what these numbers help sentiment? david: yesterday was a slaughter for tech. it took it down dramatically. alix: i want to focus on conoco phillips. their earnings are out. this will be a bellwether for other big oil companies. their production guidance on the high-end is 1.3 million barrels a day for the fourth quarter. the return focus plan is on track. the big conversation in the markets are big oil is will they remain discipline even though you have oil at $80 a barrel? will that continued discipline happen and the efficiency as well? david: some of that is enforced by a stock buyback. alix: it also highlights how important shareholder returns are. biinbev.av