a young fellow in the alphabet quickly because. i didn't parents won't be able to help with the transition to the latin alphabet because they haven't allowed to themselves or children will only be able to manners in school we're worried that the main weight of this change will be on the teacher's shoulders. language is already a complicated question in kazakhstan even in this school and the village of kind as are across the country cousins and russian are both official languages here children choose which language they want to study and like many cause us most pupils are bilingual now the jump to a new alphabet awaits them as well. in the nearby city of new shop signs are already being written in the latin alphabet but soon the government will have to swap street signs and translate official documents and textbooks i'm not much change. several new. brain central asian countries switched alphabet soon after the fall of the soviet union but in kazakhstan an independent survey shows most causes are critical of the move because they sp

good numbers for alphabet.et's talk more about amazon. >> two trouble spots you alluded to, part of the company's earnings miss is higher costs as you just said, connell. the company is spending more money on faster delivery prime members. we are. amazon paying more to get our packages in 24 hours. i want to highlight amazon web services. people talk a lot about the cloud. it still had 37% sales growth, absolutely nothing to sneeze at. but that was lower than consensus. in that particular division, they posted $3.8 billion in sales. wall street looking for 8.47 billion. the numbers are nitty-gritty. amazon is no longer alone in the space. microsoft, your product coming up, you can hear the football. that particular product had 64% sales growth. microsoft says last quarter. they're coming more and more into amazon's space. i want to highlight google. you guys covered share repurchase program. 25% of class-c shares. great for google. other thing interesting to note about google's stock, why up post-market, probab

i got off the phone with alphabet's ceo talking about the growth drivers.he said they have been focused on investing to support growth and said there was real strength in the other income and expenses line item, which we saw go up to $3 billion, including capital and g-v. that is the first time i have heard her mention or refer to investment in new uber and lyft, which both went public. talk to us about the overall story. ad revenue growth did increase 16% compared to 15% in other quarters. is this a new normal. >> i think it is. the good news for google is that they were able to stop the decelerating ad revenue for the first time in a year. they were able to increase that a little bit. i think the story remains from last quarter, which is that the digital advertising ecosystem is more competitive today than it was even a year ago. obviously facebook and amazon being the new entrant as the third-largest to dull advertising company out there for advertisers to put their dollars into. there is more copper tissue and and that is feeding this new normal that we

alfa bank -- alphabet was killing it.hey will be buying back shares and beat net sales and profit. a nice move in the other revenue. intel, athen you have big chip maker. they are guiding higher for the third quarter and the full year. they beat on second quarter revenue and starbucks reported fastest cell growth they have seen in about three years. that is largely because of the higher traffic and they are boosting full-year outlook to about 282 per share. that is from a range of 275. taylor: we are going to stick with these earnings. i want to bring in bob o'donnell, chief analyst at a consulting firm. thank you for joining us from san francisco. i want to focus on amazon, because those shares are declining among what has otherwise been positive news. we were expecting a margin hit, given we have been investing in that one day prime. investors seem more caught off guard then we would have thought. are the margins worse than we expect? >> i think they clearly are and you are right. the issue is going to be around the inv

let's start with amazon versus alphabet who wants to talk alphabet >> sure. >> go. >> i mean, i own it. it was a very good quarter i think that google sites growing 21%, constant currency up from 19% from last quarter shows you last quarter was the aberration you didn't see this massive deceleration that was lasting. that's good to see a resell ration i think people are excited the disclosure on the call was better still a lot of question marks riding that but at least it was a little bit better. >> didn't talk about a regulatory risk until the end of the call. >> right but i think the bigger surprise was the allocation, they have $25 billion in cash and buying back a $25 billion program. so the expectation so low and the valuation kind of reasonable -- >> up 11% or so today. why has the stock been so unloved. >> i think after the last call there was no clarity it was like we will not give you any guidance and we're not going to tell you where things are going to go. so people were looking for real metrics and the underperformance you had seen and the overdelivery on the metrics we wer

alphabet soaring after the company beat on both the t

discuss --to you cover alphabet and amazon, so what is happening here? bad q1,bet was such a that it was easy to step back from the disaster they had. they put a great number up. 25 billion.l this is one of the cheapest large-cap tech names we cover. it was the worst sentiment going cover.ny techmeme we it is definitely the least givenarent company, so the q1 blitz, this is a rebound. i am not sure investors will treat this as a sustainable recovery. i think there are other names that investors will try. stock is lagging today. and pute them step up it back in the buyback, which they have been slow relative to other tech companies. were up 9% this year. before this earnings report, lagging peers. i got off the phone with alphabet's ceo talking about the growth drivers. she said they have been focused on investing to support growth and said there was real strength in the other income and expenses line item, which we saw go up to $3 billion, including capital and g-v. that is the first time i have heard her mention or refer to investment in new uber and ly

alphabet earnings leading the tech secto

alphabet and intel blowout quarters across the board.final trade time, tim. >> i will buy intel, and i think this is a major change in sentiment. i think they finally have capacity to meet demand. ten nanometers is important. amd is not crushing them like everyone thinks. >> karen. >> starbucks, those were tremendous earnings. we talk about the gravitational tours towards 100. >> dan. >> twitter, i think this one has been range bound buy it towards the mid 30s and see a breakout later in the year. >> steve. >> nordstrom has gotten to the point of absurdity. >> how so? >> that does i >>> my mission is simple to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere and i promise to help you find it. "mad money" starts now >>> hey, i'm cramer! welcome to "mad money. welcome to cramerica other people want to make friends. i want to make you money my job is not to entertain, but to educate, teach and put it into context call me at 888-825-5225 or tweet me at jim cramer this has suddenly

diedra is here tracking amazon for us josh is in san francisco looking at alphabet. josh, start with you >> so it's up about 8% this year that means it is badly lagging both the market and the tech sector i've checked in with sun trust yusef. he listed three big reasons. one, slowing growth and specifically in the company's bread and butter search business what she estimates is growing in the low teens. sculley says it's due to a maturing segment over 20 years old and advertisers like amazon. in fact, many product searches start with amazon, not google. two, lack of disclosure. the company refusing to offer more insight into how its businesses from youtube to the cloud really performing and three, regulatory threats. sculley say it's too early to tell the regulatory impact is going to be on google, but the threat remains a continued overhang for the stock still sculley is a bill as are nearly 90% of analysts covering this company signing attractive valuation and a bet that the company can ultimately keep growing faster than the overall online market. back to you. >>

this is something investors had been calling for for a long time with alphabet. it looks like the company delivered last night they emphasized their growth not just in advertising, but in hardware, cloud, and in other services so generally pretty strong report across the board. i don't think we can underestimate the impact of that buyback announcement yesterday. >>> we are joined by christopher rossbeck of j. stern and company. thank you very much for coming the overall pie, when you look at online advertising continues to grow. i want to ask you, google as a company, are they just seeing their market share keep up with that growing pie is it something they've done in the way they approach the advertising, the way they transmit it, the way they present it and target customers that is making it more profitable for them? >> i think we're seeing in general e-commerce is continuing to grow as a share of overall retail it's a tremendous source of growth for all the digital platforms we have, whether that's google with the advertising they do, whether it's facebook, wh

alphabet crushes earnings expectations, intel says the future looks bright, but amazon's record profit comes to an sd. >> changght plan. american and southwest airlines are shifting strategies as the grounding of boeing 737 max ripples through the industry. >>> new way to save. california is tackling the retirement crisis with ato progm elp seven million workers prepare for the future. those stories and m muche tonight on "nightly business report" for thursday, july 25th. ♪d >> g evening, everyone. welcome. a big night for big tech. amazon, alphabet and intel some of the largest companies in the sector, are out with their quarterly results just one day after the nasdaq hit a record. the group h been a major driving force behind the makt's rally despite threats from regulations from lawmakers. let's start with the biggest of them all, azon. the company's record profit streak is over. the online retailer reported mixed results, missing earnings expectations but exceeding revenueforecasts. amazon cited high shipping costs and weaker than expected growth in its clouds computing business. i

alphabet leading the charge with profits tripling from a year ago.uncing a $25 billion share buy-back on the opposite side, amazon is slumping the company taking a hit from increased shipping costs then starbucks and mcdonald's are up as food stocks continue their strong runs. some of these targets on mcdonald's that looked aggressive a couple of months ago in the 220 range, obviously now have been met essentially. >> because the stock is already at a record high had a nice run up. it benefits from a defensive stock, but also a grower right now. you have seen this reacceleration of growth and coco store growth in mcdonald's as we heard from kevin johnson, traffic ticking higher the question is how sustainable it is. what did you get from johnson? >> he wouldn't answer directly i asked him about the u.s. and china in terms of can we expect to continue to see this growth, 7% comp growth in the u.s. 6% in china, which really has reversed what had been some anemic growth for some time. they sort of got their supply chain, if you want to call it that, par

a big day for a big tax and it's come up with even bigger numbers google parent alphabet crushes expectations and triples its profits in the 2nd quarter and amazon delivers growth too but our investors how to be get the lowdown from wall street. also want to show germany records its hottest day ever farmers are bracing for a poor harvest. and one of roland burris cycle as the romans through the city is testing out a new ecology bonus for train commuters. this is the business i'm on in berlin welcome we begin in the tech world where 2 of its biggest names have presented their figures for the quarter that ended in june alphabet of the company that owns the tech giant google reported quarterly profits tripling to $9900000000.00 the figures beat most analysts expectations and came from higher advertising spend on searches and on you tube. on 2nd quarter profits were up 3.6 percent to $2600000000.00 in sales jumped by 20 percent as customers flock to its one day delivery scheme. our markets correspondent host said louise the joins us now from wall st louis so to talk heavyweights too closely watch

alphabet, amazon and intel all set to report earnings after the close. it could be a big day for the markets tomorrow, depending on what these three say pete, your feelings on amazon. >> i think it will be very interesting because of the fact that everybody -- we've watched this thing move all around it, and now all of a sudden you've got sort of the government kind of coming at them in some ways as well. i think it's going to be very interesting how they put this out there. i still think you look at aws. that really is what amazon is, and because of that, they are a cloud company, the biggest there is and how well are they doing there, and if they do as well as i expected they would after you look at microsoft and some of the rest of them, i would think they would put up a pretty strong number, but is there some weakness from within as well, because they are getting attacked from different angles right now. >> that's right. >> they are a distance third actually when it comes to cloud services but the growth rate in cloud is higher in facebook as well as

to be involved in that for their parts from alphabet to said we understand there is going to be more scrutiny and we will engage constructively oh right you know what's really dumb is business said thank you very much. germany's want. an arsenal team it a siyad. one most victims of an armed carjacking attempt in london now c.c.t.v. footage has emerged on social media showing the nash confronting the 2 unknown assailants appear to be reading knives believed to have remained inside the car while his teammate and former shaka defendant leapt out of the vehicle to drive the thieves away. to an end to the french where the 1st of 3 defining days in the tour de france so over a leader julia felipe felipe retained the yellow jersey after a gruelling state 18 colombian a night o'quinn tonneau won the stage to move to 6 the all in the standings but it was a felipe who took the headlines after recovering last time thanks to a frantic final descent he remains on track for the 1st 2 and a title were just 3 stages remaining. but it is considered by many to read the want capital of techno music now

all a flutter over twitter easy as abc for alphabet.is is "the halftime report" >> a tale of two fangs, alphabet soars but amazon stumbles. where these two go from here twitter flying high on strong results. the stock now up more than 40% this year. is it a buy from

so, david -- it's alphabet alphabet, which is soaring in after hours trading because of a gigantic earnings beat you know what the greatest part of alphabet is they are not in china. for how many years do we have to hear that not being in china hurt them? this time it's a charm we know their pocket is strengthening the economy. big box spending continues unabated although amazon, after a big run up better than expected quarters, took a breather tonight because of heavy spending cycle i told you was going to kick in when we get the game plan. most recent mortgage application decline, low single digits housing is still pretty good the industrial economy is so weak j. powell has plenty ammo to justify cutting interest rates. if the president rolls out new tariffs on chinese import, 300 billion, one rate cut will not be enough. here's the bottom line, people arksz i've been saying, we have two economies in the country the manufacturing economy and consumer economy for the moment they are very out of step with each other. the former doing badly the latter doing well. this industrial weakness is

investors like what they see from alphabet.look at shares of google in the premarket, they are up 8%, $1,228 each. google's parent company t posting better than expected results, revenue jumping about 20% on the year, driven by core products like search, maps and google assistant. alphabet did not confirm it is the focus of an anti-trust investigation by federal regulators. separately, there's this. democratic presidental candidate telsey gabard is suing google for temporary suspended her fund raising account. the campaign accused google of deliberate censorship. folks were searching her on google and you couldn't get information about her site. >>> co-founder of facebook and outspoken critic of the company is working with regulators to break up facebook. according to the new york times, chris hughes along with two other prominent anti-trust experts have been meeting with the ftc, department of justice and states attorney generals last week. he called for the company to be broken from instagram and what's app. the government op

alphabet and intel jump after positive numbers, and amazon deployed -- disappoints. 's up soon.nestle the european union rejects boris johnson's demands for a better e.u. -- brexit deal, highlighting the challenges for the new prime minister. traveling to iran, mike pompeo says he's willing to talk as the administration applies pressure. >> i would like to have a chance propaganda,o speak but to talk about their leadership and how it has harmed iran. matt: from the german capital berlin, good morning. nejra i want to quickly go through numbers out of renault, the french carmaker. lin-year revenue, the top e, close to last year's level. previously it saw a rise, so renault joins the slew of carmakers cutting back on the forecast, the outlook for the year, with slowing auto demand in europe, down 1%, down 7% in china last month. we see a global slowdown of autos, and renault is joining. we will talk to their ceo later on today, just after 9:00 a.m. this morning. nejra? nejra: u.s. equities yesterday fell from record highs. all 11 industry groups fell on the s&p 500. fu

when you look at alphabet and google, it comes down to the advertising.tinue to be underpromised, overdelivered specialists in the second half those are the keys right here. sensitivity given the black eye we saw from netflix last week. >>> thank you. we appreciate it. >>> beyond earnings, the fed also a very big focus for investors as well the central bank widely expected to cut interest rates next week and perhaps no industry will be impacted more than real estate joining us now is ceo. commercial real estate has done fairly well as has residential interest rates are key when it comes to real estate are you scared as a real estate ceo of what could happen if rates are not cut? >> actually no and i'll explain why we have already seen a fed reversal from a year ago when all of the talk and momentum was about rising interest rates and the fed having to be aggressive against inflation, which we thought was overdone and the markets also thought was overdone in the fourth quarter and a big reversal has brought down the ten-year treasury yield. that shift has

shares of alphabet up sharply, moving up.erly revenues jumped 19% driven by strong search and youtube ad sales alphabet up 8% premarket intel looks to be a winner the company's latest results beat the street and its raising its forecast as well the report calmed fears of a global chip slowdown the company also announced its plans to sell the majority of its modem business to apple for $1 billion intel share ths up 5%. >>> do you agreement of never misplacing your phones, keys or wallet again that's a big promise made by this company, tile an exclusive interview with the ceo is next on "worldwide exchange." >>> tile, the company that makes those popular square-shaped location tracking tabs helping you find your lost keys, your wallets, much more, announcing a new round of funding this week as it looks to broaden partnerships and fund international expansion. joining me in a "worldwide exchange" exclusive, the tile ceo and former gopro coo cj p prober what will you be doing with this new money? >> tile launched about five years

amazon down more than 2% with alphabet soaring. right now it's up over 8%. we will bring you the details of why the numbers are where they are and what you need to know ahead of tomorrow's open. that's coming up. >>> but first, in a very busy hour of "bulls & bears" we have more breaking news. the house just passing a sweeping budget and debt limit deal, months in the making and backed by the president and leadership of both parties in the house and the senate. let's go straight to hillary vaughn on capitol hill with the details. hillary? reporter: david, republicans and democrats, democrat votes 216, republicans 64 in favor of this, totalling 280. 150 people voting against. this is over the budget deal that speaker nancy pelosi worked out with the white house that earlier today, had a lost house republicans skeptical whether or not they could support it because of the price tag. it did reach a spending cap agreement for two years and suspended the debt ceiling until july 2021. it has passed the house now so that means they kick it to the senate and the sena

brodin likes amazon and alphabet for now. much more "mad money" ahead. i'm sitting down with the ceo to find it and i'm on the grind to help your portfolio and all your calls of rapid fire in tonight's edition of the lightning round so stay with cramer. do you have concerns about mild memory loss related to aging? prevagen is the number one pharmacist-recommended memory support brand. you can find it in the vitamin aisle in stores everywhere. prevagen. healthier brain. better life. - when i see obstacles, i create opportunities. (soft music) - when i see adversity, i find a way. - when i hear never, i say now. - [announcer] southern new hampshire university is education made to fit your goals with over 200 degree programs, flexible class schedules, and some of the lowest online tuition rates in the nation. (cheering) - so when i face barriers, i can break through. - [announcer] breakthrough at snhu.edu. >>> you know me, i'm always telling you to have gold exposure if insurance against economic turmoil or inflation. in 2019 gold caught fire with the preci

alphabet and intel jump in late trading after beating expectations. good morning.att: good morning to you, less than a half-hour hour to the start of trading. take a look at the bunds. this is something i was talking about. you saw a reversal in the bond yields. as we were heading into the ecb meeting, yields were coming down. investors were looking for the possibility of a cut. then we interviewed the german finance minister where i circled in red. and you saw but yields go up again. that's because he says there is no crisis. he sees it coming back to the economy once these man-made problems, as he describes them, are solved. meaning once the char not u.s. -- u.s. china trade war is over, he sees it coming back to germany. investors were relieved and started letting go of the paper, yields rising. look at the stoxx situation. we don't see futures falling here. but we do see asian stocks coming down. we have cac and dax futures up a little, ftse futures down, but relatively little change as we wait for the u.s. gdp number later on. anna: really interesting charts.

alphabet, the owner of google, it is all about growth and advertising.and advertising is picking up. then you think about twitter, it is all about users. what is interesting as they got away from the monthly average user statistics, the one that had shown that they had been struggling the last few quarters. on daily active users where there has been growth all along but it is picking up now and that is working and benefits of twitter in terms of results. guy: i am trying to understand alphabet. q1, big drop in the shares, big drop and disappointment. q2, things turn around and everybody is happy. was q1 the blip or is q2? dave: that will be the ultimate question down the line. theably, you say that first quarter was a blip if you put in the context of history. what does the business look like going forward with the digital advertising dollar -- that is more of an open question. for now, you are looking at stocks -- and i say stocks because alphabet has two publicly traded classes both in the s&p 500, we are talking the biggest gains in four years so clea

why is alphabet not making more money?re it out double click is the most important source of money going into the web for advertisement and i just don't understand it no one understands it. so maybe they take some time and explain it but i think that alphabet -- google is getting more and more web dollars. now, google web services is not doing as well as amazon and possibly better than azure but they have some explaining to do. they need to tell a better story. if they don't, that's the most vulnerable of the week. >> we would love some clarity about whether or not they have a settlement with the ftc. another friday night story with numbers we can't really judge. >> no, we can't. and there's some new regulations that are coming out in the u.s. that are like europe that would be really favorable to alphabet. but alphabet has been unable to say why things decelerated youtube is now the largest watched source of entertainment. why aren't they making more money? that's what we want to know. >> watch the s&p fill in there, popu

emily: next week, we have facebook, alphabet, amazon. i have a chart showing how microsoft has surpassed all of that. ross, what are you watching for next week? ross: i think all these companies are taking a different path. we used to look at it as they all kind of rose and fell together, but it is now as if they are all separating into their own orbits. it was from the explosion of facebook being a corrupt company. facebook is doing well in the advertising format because instagram is still a juggernaut, but their fines, their legal bills, the regulation, i just don't see a future where facebook is not heavily regulated going forward, and i think they are very clueless, and libra kind of proved that. on the others of the coin, we think amazon is doing well, and they are dominating the markets and continuing to drive growth in many areas. it is probably one of the most innovative companies in the world to this day, despite their size. as we go through different things next week, i think we will start to see divergence of the pads of these

nasdaq up more than 1% 8330 google, alphabet up almost 10% driving both of those.anage a gain of about 0.2% russell 2000 up 1.1% >> felt like an earnings driven rally today. saw coca-cola continuing to do well off its better quarter. the market is getting everything that it wants. better earnings, better economic growth the fed appears set to cut interest rates next week >> so the question obviously is if the market has front loaded all the good news and priced itself for all of that a 2% gdp economy, 2% treasury yields and 2% inflation, that has always been a good backdrop. so the question is have we already figured it out or do we have a few days. >> joining us to talk about the market, barry banister, alec you young, and lindsey bell is still with us. lindsey, what stands out to you as we watch the record closes on the s&p and nasdaq good news piling up. >> yeah, and i think to mike's point, 2% gdp xroegrowth, infla steady, interest rates may be coming down, that is a good environment for the market to continue to move higher. and that is what has driven this bu

alphabet and amazon earnings after the bell. what to expect and the numbers you need to know ahead of that, when we come back. this is bloomberg. ♪ this is bloomberg markets. i'm shery ahn in new york. amber: and on amber kammer into rocco -- in toronto. onslaught ofe an regulatory scrutiny and including a $2 billion charge tied to its ftc settlement, the social media giant still reported better-than-expected second-quarter earnings and revenue after an initial advance. shares are now down over 2%. for more insight, let's bring in our senior equity analyst. he has a hold on facebook. great to have you with us. so investors did like what they saw in the performance of facebook. they don't like the regulatory environment at the moment. does the stock price right now reflect that environment? so, actually. it is pretty much the regulatory environment, the additional costs that facebook can incur because of that will keep the stock down. i think it will limit the upside to the stock, and it is trading pretty much where we valued it,

one and a half percent, alphabet up % right now. still more tech on deck today with twitter out later this morning. also reporting fast food mcdonald's with all of the numbers on earning season that is better than lowered expectationings. then the 2020 race is on, about democrats are taking the lead who is falling behind? we've got the latest l polls ahead of the big democratic debates coming up, and end of the month and then spacex reach for stars two big successes lodging rocket to space station and getting the giants space hop per, that even elon musk says looks like a water tower to blast off a the ground. mornings with maria beginsing right now. ♪ we've got a big program this morning joining conversation fox business network dagen mcdowell and the brewer group investsment banker nfl star jack brewer great to see everybody today. >> great to see you happy friday. >> my name better than you maria bartiromo. [laughter] >> rally up everybody. dagen is in the house. come on. so sweet. all right we've got gdp this morning that is imp

alphabet posting its one-day percentage gains since july for death july 2015.oining us to discuss, senior markets editor mike regan. alphabet, facebook, twitter, all reporting results. where do we see the biggest move? >> it was a major week for companies. very tech centric. alphabet is the star of the show, rising 10%. they seem to be firing on all cylinders. announcing that major $25 billion share buyback, that is taking the edge of -- edge off of the concern of the probe of alphabet. also twitter doing well, showing an 18% gain for sales. amazon was an interesting story. they had a big earnings miss, but it was in an amazon typical way. they developed a more robust one-day delivery operation, and that's the type of thing amazon investors in the past sort of embraced, even though it caused a hit in the short-term. i think the semiconductor stocks are a major story this week. we saw texas instruments, semiconductors are a weak spot. texas instruments coming out and saying this is just a typical chip cycle that lasts about five quarters of weakness. they see ab

valuation of alphabet is much different than facebook. >> it is because alphabet is not executed as well as facebook has. it's laged a little bit. too much spending. last quarter was not good. over the longer term, they did nothing over the last year and a half it's growing still very nicely for a company that size grow top line and bottom line over 20%. that's pretty compelling so i think you can own it despite the political oversight. the way i look at the market overall i wouldn't say this is a panacea. when there's panacea in the market there's euphoria. you have to accommodate fed. accommodate central bankers every where you work inflation is starting to tick up with the fed into easing and not tightening and no alternatives to go to in other countries, other developed markets, or in fixed income, why wouldn't you want to own that >> you bring us back to the goldman sachs note that say valuations are pretty much accounting for where interest rates are. >> you can see 24 multiple s&p without a problem. >> you have a huge bubble in mid-cap and small cap stocks here's what's wrong with

amazon, alphabet set to report after the bell. the trend has been the friend of the earning are looking pretty good as charles payne. charles: intel that was one of the big names. nobody talked about it. they report after the bell. who cares. neil: i'm sure you do. charles: but i'm weird like that. good afternoon, everyone, i'm charles payne. this is "making money." the stocks are lower as investors wait two powerhouses, amazon and alphabet/google. buying stocks after everybody writes off the company. i can tell you how when we go in depth. most americans in decades review the economy postively. they are giving president trump credit for it. as he tries to rally troops with a debt ceiling deal he reached with democrats. a whole lot of republicans are not happy. will they embrace even more spending. i will ask senator marsha blackburn about that as "making money" begins right now. ♪ charles: a new fox poll says more than half the country approves of what the job he is doing on the economy. if the old adage rings true it is the econ

it's been a big day for big tech and it's come with even bigger numbers google power and alphabet precious expectations and triples its profits in the 2nd quarter amazon has delivered growth to. take in this gig economy to the next level. living next to that. and actually enjoy the lifestyle. when in rome recycle as the romans do their city is testing a new ecology bonus for brain commutes. this is the business of berlin welcome we begin in the tech world where 2 of the biggest names have presented their figures for the quarter that ended in june quarterly profits at google's parent company alphabets tripled to just under $10000000000.00 the figures beat most analysts expectations and were down to advertising spend on such as and on you tube a different story of amazon where big spending on speedy shipping means profits lower than expected. let's bring in our financial cost bunch delay any. has been investing a lot into prime is it worth it. i think it's going to take a little bit longer to get visibility on so these investments that amazon is making they're really long term investments it

it's a big day for big take care that comes to an even bigger numbers google pound alphabet crushes their expectations and triples its profits in the 2nd quarter and amazon has delivered growth to. also on the show germany's wrecked causes germany records rather its hottest day and farmers are bracing for a poor harvest. when in rome recycle as the romans do the city is testing a new ecology bonus for train coming. to business to business i'm going to have off as a bell and welcome we begin in the tech world where 2 of the biggest names have presented their figures for the quarter that ended in june quarterly profits google's parent company alphabets tripled to just under $10000000000.00 figures feed most analysts expectations were down to higher effort advertising spent on searches on you tube a different story amazon big spending on speedy shipping meant profits were lower than expected. now we tend to think of on as an as a big online shopping google as a search engine but much of the money these giants make comes from rather hazy source these days cloud computing and. it's division a

down he was spot on. >> that's right. >> stay tune for "oa" and we're going to talk about it. >> alphabet well off the highs for the year chairwoman, trade it or fade it? >> i am long this one i am most nervous about because the last quarter, unlike facebook, that last quarter for google was really problematic. i don't know if dan alluded to facebook taking share. i think the pie is growing big enough facebook can do -- first of all they need to do a better job on the call than they did. gep, i wou again, i would love to see them do something with the ridiculous balance sheet but i like it is nowhere near the highs going into the earnings. nowhere near, right. so i'm glad that it actually pulled back today. i'm long but i'm nervous another bad quarter -- >> what you would like them to do is return capital to shareholders or buy back stock. >> yes, special dividends. they don't want to be locked into a dividend payer -- >> i don't like it performed so poorly going into the earnings, so i would be a fader for everything i just said about facebook they've been gearing market share in the ad

business with news about google's parent company alphabet which has posted a big jump and profit says with your hard sell for i'm brian thomas for the entire news team thanks for being. the free hand. that's in the primate capital of the world. uganda is given a forest national park is hidden deep in the jungle. with its ranges ensure the survival of chimps and other creatures. a concept for success in the tourism. we'll know. in 60 minutes from v.w. . is going to help managers do no good today nothing would change you know the banks and you know why and so was the language of the bank money. speaking the truth global news that matters g.w. made for minds. it's time to take us to the bank face. time europe just such a deal. and fun for the troops. to overcome downtrends and compare to what. it's time for. and he wus coming up ahead. mines. the world is getting more soon. moore's could just abuse a lot of problems. the global 3000 talks with a team of british researchers who take a more optimistic view. the world is not always a good point but it's much much better than it was. just th

rally in tech stocks ahead of some big earnings later on in the week obviously, we'll get facebook, alphabetamazon, intel, and twitter all before friday afternoon. bob pisani and mike santoli here at post nine on what to look for and which print do you think we have the most confidence in going in that was a question for cramer today. >> which print we're going to hear from this week? >> he thought maybe google had more liability >> well, google's in the penalty box of those four, so i think probably does have the most to have prove also, perceived to be the company that cares about making the number least i don't know if that works for them or against them in terms of setting expectations but this time i think what's going to be most interesting is how the stocks react and what was already built in or was this just kind of a big trade into big cap growth and we're not really talking about the quarterly results. it's just a placeholder type investment or are we really banking on great numbers from the likes of facebook and the others? i mean, microsoft is really interesting. flawless quarter

francine: what is your take away from alphabet?t of the. that goes to the antitrust question, how do they do that when there's concern about how much of the value chain they control and whether they are able to leverage that to squeeze higher prices out of advertisers. it is potentially a risk. --lor: talk to me about alphabet ceo spoke to emily chang yesterday and said, we are aware of it and in ongoing conversations. the market does not care facebook shareholders do not care, alphabet investors do not care. how big of an element is antitrust? alex: i think the market does care about the risk has been built in already. if there is a breakup of google or facebook,, it is a long way of google or facebook coming, it is a long way out. twice aboutink being as aggressive as they might have been historically. i do not want to bring back their hackneyed phrase, move quickly and break things, be more circumspect. ago,microsoft 20 odd years it became less aggressive and lost a bit of its edge. taylor: premium based on the forward pe basis

calls to break up a facebook, even alphabet. i look at company like alphabet.he company i question its allegiance. they seem to have no trouble to work with the chinese government to get back into china but they have a problem working with our own military. amazon is a bellwether stock. a make-or-break for any quarter. i own the name. likely will stick with it. charles: nicholas, you have reservation about mow moan mum names? >> i throw out ford, if you're retiree investor, good out look, 6% dividend, company like ford. charles: full disclosure, that is in my model portfolio, if it breaks 12 bucks. david, i love the suit. we'll talk to you. >> thank you. charles: most liberals pushing for $15 minimum wage, congresswoman, fellow "squad" member, rashida tlaib upped the ante that minimum wage should be $20 an hour. we're diving into the economic ramifications. >>> he was brutally attacked by antifa. journalist andy ngo is about to meet lawmakers. here with his story is his attorney, harmeet dillon. you've done a lot of good for the world. but i feel like you have

amazon and alphabet reported thursday. for alphabet, it was all about sales and regulation.he founders weighed in. >> if you look at the way google gets revenue 85% of revenue in , google is from the ad business. i think given the competition they will be facing, you don't want to be in a spot where you have north of 80% of revenue coming from advertising. so i think they will place a bigger emphasis on the cloud business going forward. how much successful they have? it will be hard to say. they are facing massive competition against microsoft and amazon, who have had a lot of success and put significant dollars behind the business. so i think it will be something that will be hard to get out of, that third spot, but it is still a significant part of their business that they will be focusing on going forward. they did by another company earlier this year, and i asked if acquisitions in cloud would make sense. she said, they were open to acquisitions, but she also had the organic business is doing well. certainly interesting, given the antitrust scrutiny that google might hes

you've got names like facebook, amazon, alphabet and twitter all set to report this week and snap after the bell tonight where is the value in tech, as we work through this busiest week of earnings season? janice henderson's denny fish is with us today. denny, welcome good to see you. >> thank you for having me appreciate it. >> we've got about a hundred s&p names on the tape so far for the quarter and in tech, at least, if you strip out netflix, what has there been to complain about, really? >> there really hasn't so far. you know, the numbers, particularly if you're focused on companies with long duration competitive advantage and you would highlight over the last couple of weeks, we've seen microsoft, for example, put up exceptional numbers, as the cloud transition continues and azure continues to ramp and you know, it's just amazing, if we think about the numbers there of -- their commercial cloud business, which is effectively the size of amazon web services. it's a different kpocomposition, mix of business. but both of those businesses are growing 40% at $40 billion annualized it'

amazon and alphabet reported results thursday. for alphabet it was all about sales and regulation.ur guests weighed in. >> if you look at the way google gets revenue, about 85% of revenue at google is coming in from the ad business. i think, given the competition they will be facing, you do not want to be in a spot where you have north of 80% of revenue coming from advertising. so i think that they are going to place a bigger emphasis on the cloud business. how much success are they going to have? it is hard to say. they have not been able to get out of that third slot, as you have said. they are facing massive competition against microsoft and amazon, who have had a lot of success and who do put significant dollars so i think it will be something that will be hard to get out of, that third slot, but it is still a significant part of their business that they will be focusing on going forward. emily: you wonder if acquisitions will be part of the story to beef up the cloud business. they did buy looker earlier this year, and i asked if acquisitions in cloud specifically would make s