can amazon when that? lot of the spending that goes on and amazon is less than their competitors. >> we have seen examples. we saw spikes on walmart.com during the holiday with the average price of a pot -- other product went from $39 to $53. if you are talking about where to invest cash, almost all of it is at the higher spend level. amazon naturally has to move in that direction. they have dominated the cheap goods market already. caroline: to the other part of ,he business that drives growth e-commerce and aws, amazon web services. 36% growth is phenomenal. are we expecting to see that continue? how are they changing the model? 'how are the seeing competition? there was worry that cloud spending was dialing back. >> the story for amazon pertaining to cloud computing with aws efforts is the pace of growth should decelerate. the question is, how quickly? it becomes a bigger effort for the company. was thenews for amazon fastest growing business was also the most profitable as it pertains to cloud computin

on amazon prime? shows, already have hit the marvelous mrs. mizell and other shows that are winning critical acclaim, as well as other viewers. one of the things from a media perspective is they are advertising -- their advertising business hit $4.5 billion in revenue. if you look at a number of these companies, they are finding their way into business that were not part of their core. business ares growing faster than the rest of the business. >> we see they are gaining a bit. it rebounded 30% since the low last year. we are looking at a major snapback for a giant company and relief. >> when you look at faang stocks, including apple, they led the market lower in the december route, down 40%, some of these high-quality names. if you talk to things or tech investors, they feel the most comfortable with amazon because it is growth of e-commerce, not .he consumer or retail sales there are a lot of areas of growth. the company can invest whatever they need to invest. >> everything company faces regulatory

bitter competitors, amazon,

lauren: but at the same time, kevin, amazon is opening up traditional brick and mortar stores, amazonstores, and customers love them and they have plans to open a lot more of them. >> yeah. i think you are hitting the nail on the head. look at their biggest acquisition that they did in history. that was buying whole foods. why did they do that? because of location, location, location. it gave them access to 431 stores of the higher median income that they needed to target in the physical presence. why? because people like to click and collect. so you have to have an omnichannel presence. this goes back to what hitha was saying, amazon needs these because walmart already reaches 90% of the population in a day or less because of their physical stores. that's where the next battleground is. lauren: let me add a quick followup. i think it's $1,715 a share, would you buy amazon right now? >> absolutely. the reason why is you have unprecedented growth in cloud computing coming our way. we will have 75 billion internet of things devices by 2025. cloud computing is 5% of overall i.t. spent. t

for amazon to make that pivot.: always great to have you here. coming up, breaking his silence. a reclusive tech leader speaks out. what the founder of job way -- huawei had to say to the press. that is next. this is bloomberg. ♪ ♪ 's reclusivei founder may a rare media peers to defend his company against accusations of spying for china. speaking to reporters for the first time since 2015, he said, "i love my country and support the communist party but i will not do anything to harm the world." he also praised president trump, saying he is a great resident, he dares to massively cut taxes that will benefit business, but you have to treat well the companies and countries that they are willing to invest in the u.s. in the government will be able to collect enough tax. why did he decide to speak out now, selena? an interesting turn of events. over the past few weeks, a lot of executives have spoken out, but we have yet to hear from the founder, the billionaire founder. he is finally speaking out, and it really undersc

all eyes on amazon.will report earnings right after the bell, and of course, everyone's looking at these holiday numbers, and then of course, everyone wants to know about their business, their cloud business, because this stock will be the one in my mind that could make or break this rally that we have enjoyed in january into the rest of the year. we brought the man in to help us hash it out, connell mcshane. what's the street looking for? connell: we will have it after the bell for you today, the last quarter, $71.87 billion on revenue. amazon does have a habit of missing revenue targets. five of the last eight quarters they have come up short of wall street estimates. this time we are looking for about a 19% rise year over year which by the way would be the slowest growth revenue-wise for amazon in a little over three and a half years which is sort of interesting. to your point, i think the focus is going to be on this aws business, the cloud computing business, as it was with microsoft the other day.

amazon. we'll talk a little bit about your predictions coming up in 2019, but considering those names, what just happened in 2018? >> yeah, so you saw effectively these companies for the first time, there was what i would call a sober adult conversation around the downside of technology. the only conversation we had in '15, '16 and '17, which ceo was more jesus-like or going to run for president. these were supposed to be the companies that were driving our economy and innovative. they were going to cure death and put people on mars. there was a real downside. '18 was a watershed year where we said there's some downsides here and there's a recognition that for-profit entities and companies aren't concerned about the condition of our souls. they're for-profit companies and they will pretty much say and do anything to increase earnings and increase shareholder value. we're coming to grips with the fact that, okay, that means there needs to be checks and balances on these companies. so i would s

emily: what are the biggest risks for amazon? >> for amazon there is a huge risk.ors are getting used to the new amazon which we call profit incorporated. if you look at cloud computing, advertising and certain -- and third-party retail, 53% of units sold in the third quarter, their fastest growing businesses are their highest margin businesses. but if you look at the performance in june and september, earnings per share was higher than expected, double in fact in june, but sales were weaker. that will take time for investors to digest the new amazon, profit incorporated. emily: you mentioned five years from now. what do you think are the biggest challenges on a longer ime? >> while acknowledging microsoft is the most valuable, if you look at what has slowed walmart and microsoft, it was decelerating growth and multiple contractions. that is the big challenge. they do have a number of initiatives underway including advancing efforts in gross -- in grocery sales, apparel and b2b outside commerce stuff that could generate higher sales growth and higher profits which

there is the amazon go store, amazon for star store. it is a little bit disparate.coherence in this brick and going forward? tom: i think the cohesion will be five years from now when i am calling amazon foods, which is now whole foods. when you walk into amazon foods, they will have a pharmacy. they already have amazon lockers and are giving you lower prices on products. this amazon foods will have lower prices. they replaced insta cart for amazon's delivery. they will will give you buy online and pick up in the store kind of thing. amazon proprietary products in the store year round, not just at holidays. they have a lot of disparate things they are trying in retail and physical stores, but i see these amazon stores incorporating everything in the future. emily: what do you think the biggest risks are for amazon this year? tom: there is a huge risk. investors are getting used to the new amazon which we call profit incorporated. if you look at cloud computing, and retail, their fastest-growing businesses are there highest margin businesses. if you look at their per

i think the issue is how you keep up with amazon and not just amazon but the global retail economy whichng so quickly, especially in china so i think that was interesting to me. >> one of the things that jumped out to me in terms of the conversation on stage today is was the amazon effect on inflation. >> yes. >> that inflation has been tepid because amazon and tech in general are putting down pressure. >> they know what the price really is. there's so much data, prices that used to be more easily not known to consumers are very much known. and i think that's probably the case they didn't talk a lot about the government shutdown. i asked janet yellen about that. i was wondering if that effected consumer spending if it keeps going, and i think she agreed it could be a problem over the long term if it continues for a long enough time. >> i wonder what you think of the in store digital experience. you've written so much on privacy. are we going to be okay, walking into a store, being recognized by our face, having things suggested in real time >> i brought it up with steve. i said you're go

amazon shares up 1%.and anthony >>> on the other side of the spectrum, a different retail story. sears set to announce the liquidation plans today after rejecting the eddie lambepert's bid. >> setting the retailer on the path to liquidation after more than 125 years in operation. the bankruptcy hearing was scheduled for 10:00 a.m. sources tell cnbc it will liquidation. t there was a bid scheduled for late this morning, but what is next for the stores? sears and its advisers are not soliciting bids. others dropped out of the process due to the financial and human resources it would be required to run liquidation. the inventory is estimated to be $3.5 billion the largest retail liquidation cover ducted toys r us had to be managed by the four largest liquidation terms ever shoppers have been complaining of empty shelves at deteriora deteriorating stores sears holdings had 4,000 stores in 2001. $11.3 billion in liability sad day for a story i hied retar morgan. >> courtney reagan, thank you. curious to see ho

it works with and competes against amazon web services. how's that working out? you are about to meet the ceo whose stock is up 160% year over year. he's here exclusively on how much longer this david versus

amazon is amazon shifted their model to tackle grocery space and if physical space with the amazon ghosttore in san francisco. which is a store you go to just like whole foods and traders joe's. instead of you waiting in long, you're picking off items on the shelf, throwing them in your backpack, walking out. connell: right. >> it is an unbelievable experience. wall street has not really taken this stuff into account as much, especially in the long term simply because we haven't seen it enough yet. it will mean even more growth mid to long term. connell: do you agree with that, todd, not that they're going down that path, we know they are, but it is the right path to go down? i point out viewers, the stock is off initial highs. go back to deirdre with more information on the outlook, maybe the aws figure if we get it. todd, what john is bringing up the path amazon is boeing down, how different of a company it is, is that the right way to go? >> i think john is is right. i think he is wrong what wall street anticipation is it is showing fair value. one of the greatest companies it is. the

with the battle with amazon and the incumbents, ups, fedex, et cetera amazon spending north of 25% of on shipping and fulfillment. that's dropped dramatically by the last few years and the company continue to make significant investment in logistics to reduce dpeependenc and pass a lot of savings to consumers and that's why you see them in all of this kind of low prices across the board and i would argue strengthening their competitive position as well. >> tuna, we'll see if it gets back up to the 2000 price target with the results thank you. tuna amobi cfra >>> my final exchange, john, i learned how cheap tide is on walmart.com. i just looked on amazon and basically make it impossible for you to get a 40 ounce jug of detergent and if you try, like $10 or $13 >> they like to send you lightweight little things. >> $5.25 walmart or walmart.com walmart.com. that's got to be a loss leader that's not sustainable if amazon can't do it, walmart can't do it. everyone will order it now and ruin their quarter that does it for "the exchange" for me and i'll join tyler and melissa on "power lunch

amazon in particular.ike for its web services division, its physical stores are something that's becoming more interest to investors. on and on like that. netflix is a little bit of an anomaly here. it hasn't had the major headline risk that the other ones have faced but it has such a high multiple that because the market in general has become a little bit less friendly to high growth stocks, it is really seeing some steep declines. emily: actually netflix closed out 2018 as the best performing of all the faangs. they're scheduled to have a big content drop this month. obviously continuing to invest billions and billions of dollars there. can the momentum in the shares continue? >> that's the real question. we're entering an environment that's a lot less for giving for high growth kms. monetary policy is becoming -- companies. monetary policy is becoming tighter. macroeconomic growth is showing signs of slowing. there are more risks of a recession. more talk about that. where that leaves a stock like netfl

amazon dominate the u.s. market. he said amazon remains committed to complying with all laws an regulations. he was also asked whether jeff bezos plans to sell any shares he said he didn't have anything to say back to you. >> that does it for "closing bell." >> "fast money" begins right now. >>> live from the nasdaq market site overlooking new york city's time square, i'm melissa lee tonight on "fast," as you just heard, amazon volatile after hours despite an earnings beat moments ago. the tech giant's guidance coming in light which is putting some pressure on the stock. we're awaiting the conference call kicking off in 30 minutes' time our earnings team will get you all the headlines. gene munster is in minneapolis, deidre bosa is in san francisco. we'll check in with them later but we start with the markets. the s&p 500 having its best january since 1987 stocks snapped back from the december lows. we've got a market friendly fed, a trade deal potentially in the works. so is this next stop new highs do you trust thi

>> amazon is in a bunch of businesses. who doesn't compete with amazon today. yes, they do have an imitation service -- liz: but you help them. >> we help them and we have lots of customers, we work with them in the field, we have lots of customers close together but this is the spirit of competition. they have an imitation service. we're not worried. we serve some of the most demanding and sophisticated customers, customers like big banks, morgan stanley, hsbc, barclays, large telecom companies, at & t wireless, tech companies, media companies, and cutting edge startups like epic games, who built fortnite as well as crypto currency space. liz: i'm thinking about fortnite. we will talk about that later, but it has 200 million players worldwide. what do you guys do for them? >> guess what data base it runs on? mongodb. liz: that's amazing. you jumped into the fray, the company was founded in 2007 so you are not an overnight success. this took some time. but to come in as the david, and i read malcolm gladwell's book about how dave beat goliath because we see our

not an amazon.y have had an enormous amount of consistency to help them power through these kinds of events. we seem to have had a really strong retail sales holiday season. amazon should have fully participated in it. we thought street estimates were reasonable. and then the growth in alexa to 100 million devices, and the rise of stores. they are really interesting, innovative, and long-term growth drivers. you want to see businesses who have got great near-term fundamentals but options for the long term and amazon gives you that. microsoft up in washington, you will see executives going back and forth, and we see this new partnership between microsoft and walgreens today, microsoft also partnering with kroger. obviously, this makes microsoft cloud more competitive, but also, they are expecting interesting growth, interest in pharma. how big of a threat is that for amazon as amazon pushes into grocery and pharma? mark: well, let's see. let me take the question first in terms of competition. you mak

kroger, we're so afraid of amazon how do you work the dynamic? live in a world where everybody uses multitechnologies. we have a nice relationship with kroger they use our marketing cloud, and it's all about insights and bringing opportunities and experiences for the consumer and you know, they look at amazon in a different light or they'll look at microsoft in a different light. but we're laser focused on engagement >> now i want to get to another one, but my wife told me i have to ask this because she is biggest user of net porte. they have 270 data streams some of them they put together with your help >> the way this works is we establish partnerships with all these different companies. and at the end of the day, whether it's neta porte, we're trying to build these relationships like our relationship we have with apple most recently to provide the best customer experience we can. >> how does that work with apple? they did announce a shortfall, but it wasn't in the enterprise which i think is what you helped them with. >> the important thing fo

an amazon rainforest? say "amazon", think what? jungle? 0nline shopping? or do you think of alexa?his is, after all, the company that has brought voice control to the masses. there's no training required for using voice. the vision for voice is that anyone — young, old, in any country, in any context — can use natural language to interact with technology. alexa is only gonna be as successful as the partners are that support it. and that's why voice is the next battleground for the tech supergiants. the more voice apps there are and the more comfortable we are talking to them, the more they will integrate themselves into our lives. just this week, in fact, alexa's voice has started sounding more human. developers have used artificial intelligence techniques to learn from news broadcasts how to intone and emphasise words in a sentence. now, as a human being, you'll know that you can tell quite a lot from someone‘s voice — not just what they mean but also how they are feeling and possibly whether they're ill. now, that's obviously really hard for a computer to do, but nick kwek has be

and amazon ra i nfo rest. would be a rainforest? and amazon ra i nforest.rainforest. say amazon, think what? jungle? online shopping? or do you think of alexa? this is after all sending voice control to the masses. vision for can use natural language to interact with technology. alexa is only going to be as successful as the partners are that support it. and that is why voices the next battle ground for the tech super giants. the more voice apps there are a more comfortable we are talking to them, the more they will integrate themselves into our lives. just this week in fact, alexa‘s voice has started sounding more human. developers have used artificial intelligence techniques to learn from news broadcasts how to intone and emphasise words in a sentence. american brides are continuing to reflect their own style. now, as a human being you will know that you can tell quite a lot from notjust will know that you can tell quite a lot from not just what they mean but also how they are feeling and possibly whether they are ill. that is something for a computer rea

amazon has powerful reach, business leaders have concerns. six in ten say lack of over the brand is the biggest challenge, particularly when selling merchandise to amazon that it then sells to shoppers. counterfeit or unauthorized reselling of products by third-party sellers is still a big concern, even though amazon works to address it. amazon isn't the only online marketplace brands are interested . lling on multiple marketplaces is a growing strategy. selling on ebay is nearly on par with amazon for the brands surveyed. wall mar is a more different third andjet.com a trailing fourth. just today as an added incentive to sell on its site, azon is working on lowering the cost of delivery for marketplace sellers. "the wall street journal" reportshe online retailer is offering its sellers a service to pick up items to be shipp to shoppers from merchants' warehouses which will cut out extra fees and surcharges carriers likeed and u.p.s. charge. those fees and surcharges can add up to 30% of s cppingts in many cases. for "nightly business report,

amazon did well.ased on 50 senior ad buyers, representing 14 billion of ad spend. they expect amazon's ad business to double in the next two years, and that's driven by taking share from other digital players, television, and trade budgets. while we remain positive on the e-commerce business, the advertisingbusiness we're supe bullish on, and it is good for margins. amazon remains a top pick for this year. >> and when you look at a list of the largest u.s. companies by market cap now, top four, all big tech companies we have been talking about the sell off in faang and in tech stocks they're still the most valuable companies in the u.s. and in the world. do those come up enough? >> look at apple, for example. this company is transitioning from hyper growth company to looking more like a utility, where you have a dividend, it will grow slowly, if at all. but based on everything we're seeing to jim's point, ecosystem seems solid, so you can count on a lot of cash flow there a long time it is trading 12

an amazon rainforest? say "amazon", think what? jungle? 0nline shopping? or do you think of alexa?is, after all, the company that has brought voice control to the masses. now, as a human being, you'll know that you can tell quite a lot from someone's voice — not just what they mean but also how they are feeling and possibly whether they're ill. now, that's obviously really hard for a computer to do, but nick kwek has been looking at some technology that is working towards just that. i've come to tel aviv, israel, to see a doctor with a difference. no cold stethoscope, but i do need to say ahh, as well as make a bunch of other sounds. it's a early decay of the voice. today, dr levanon is going to give me my medical purely by listening to the way i talk. ..see anything beyond verbal of what my state of health is. he's a firm believer that it's not what you say, it's how you say it. he isn't a doctor of medicine, but of research he's been working on it for more than 2a years, which has culminated in a new piece of software. it's a tuesday morning. we've got to catch a flight later bac

now amazon shareholders are getting involved.was filed proposing the tech giant selloff software until the board determines the tech doesn't threaten civil liberties. the aclu among others have raised concerns about potential bias and reliability. joining us to discuss, spencer so for. give us the backdrop here. we have already horse stories about facial recognition particular amazon in misidentifying people. has there been progress? >> amazon definitely wants to highlight some of the positive ways this has been used, and they bring up things like preventing child abductions and spotting missing children in amusement parks as well as the softer applications like identifying celebrities at events. police department we spoke to put it in perspective. the monthly bill was $12 to use this service, and they would use this to quickly and efficiently cross reference either photos of suspects or even surveillance video footage and cross-reference that against a database of 300,000 jail booking photos. it's a very easy photo for them to i

in the case of amazon and netflix, it works the reverse.n other words, it's almost more of a curse if the results are fantastic, because when you are trading at 80 times earnings, coca-cola's earnings were fantastic in 1972. so were disney's, but that did not stop their p/e ratio from contracting for the following 10 years. who on the planet is left to love these? what analyst is left to tout them and raise the price target? there could be more out there, but it would surprise me. selina: thank you, bill smead. i enjoyed reading your report. we will be on the lookout for the next the ceo of smead one. capital management. thank you. the world economic forum is underway in davos, switzerland and tech is at the center of conversation. top tech executives including sheryl sandberg and uber's ceo khosrowshahi joined several world leaders to address global problems. our global editor of global technology brad stone sent us this report. reporter: transportation was on the agenda at the world economic forum in davos this week. i sat down for a pane

. >>> plus, one hour away from amazon's earnings after the break.e'll break it down with the panel. 59 minutes and 30 seconds left until the close of today's trade. check in to see how we're doing. the dow is down. otherwise it's been another positive day the s&p up 0.7%. the nasdaq up over 1%. >> appropriate way to finish off the monthof january, set to be the best month for the s&p in years with a gain of almost 8% we have lots of earnings moving this market to tell you about. yulia boar stin, phil lebeau and seema mody but first from washington the comments of the president on china. eamon? >> reporter: yes we are minutes away from a meeting in the oval office officials here at the white house suggested about a week ago that this could be a determinetive meeting, very, very important in the chinese negotiations larry kudlow said that about a week ago an recent days cautioning to lower expectations around the meeting of 30 days before the march 1st deadline after today's session. earlier today, here at the white house, the president gave us a look

plus, get a year of amazon prime and an amazon echo on us. only need internet? no problem. get fios internet for $39.99 per month and get a $50 amazon gift card when you switch. 100% fiber-optic network. 100% phenomenal. go to getfios.com today. >>> can you hear me now? new concerns this morning abo the effects technology is having on children's hearing and vision. consumer reporter susan hogue season working for you withhat you need to know for safer screen time. >>> children who are eightears old are under spend on average two hours and 15 minutes on their tablets and parents we often struggle with how much i too much screen time? consumer reports has guidelines to protect our kids' eyes and ears. >> is this a common scene around house? >> hello. >> this mom is concerned that screen time andeahone use could be using eye and ear damage to her tee.ge daught >> i find myself constantly telling her back off. back off from the phone. give yourself some space. our concern is the effect vision over time. >> eye doctors say they are seeing an increase in conditions such as dry ey

redstone wrote the book on amazon.a mentioned, mckenzie was involved in the early days of the company. tell us about their history. brad: they met at de shaw, the wall street hedge fund. i believe she worked with jeff when they met. they got married, she helped jeff decide to become an entrepreneur, the legendary drive to the northwest to seattle where he was writing the business plan. in his early years, she really -- maybe not formally, but she worked at amazon. she would keep the books, helped drive packages to the post office, and interview. he wasy employee said friendly with jeff because he n't want to work with him because he thought he was playing too much ultimate frisbee. , notlayed a key role really in the last two decades, but in the first chapter. great bloomberg keeps records on the wealthiest individuals. if you go to rich go, you can see the list of the world's wealthiest people. -- chart heretier that gives us a more visual you. there's a possible settlement underway. we have no idea how the fortunes w

we are in amazon country. if anyone knows the consumer it is amazon.hired a bunch of their people. focus has been how do we make things easier for the consumer? digital solutions. flow. can access consumers us online. we also want to meet consumers where they are. them onlineg telehealth visits. we look at consumers as the next wave for us to meet our patienaq where they are. tough to me about digital strategy and talk about the disruptions that will drive the change in your business. >> i think consumers want to go on the iphone, they want to schedule their appointment, they want to pick their own dr., they want to come in when they want to, where they want to, they want their information on why. company thatn a allows for a doctor to click and put an application into your medical records. that really facilitates that communication between a clinician and the patient. patientlets the determine whether want to be. taylor: how are you planning for change or repeal of the affordable care act? >> we have put that into our financial plans for the future. i

nick: amazon is amazing, too. amazon has done a great job with all this innovation.ven mention google. >> does this become a commodity? nick: no, there is so much innovation to be had. every layer from the if her structure layer to the application layer, it's not about commodity, it's about all these comedies taking the chilean -- the trillions of dollars they spend. >> i know sells forces one of your investors, what about on the salesforce side? force has been an amazing partner. one of the things that salesforce company -- sales source customers recognize is when you are getting new customers, you get those clients, how do you get them to stay? many customers -- ofwe seen a lot consolidation. do you expect to see more of that? would you be interested in m&a? nick: we want to build a big long-term business ourselves. we think there could be times there's consolidation with the cloud. one thing that would be unique is there are a lot of ipos. it's amazing how many late stage at scale companies, maybe not as well-known as slack, but they are ready to go public within

and kroger's attempt to take on amazon next. ♪ emily: amazon, beware.ft and kroger are joining forces. the tech giant and america's biggest supermarket chain have remodeled two stores to test a series of new digital fires. bloomberg's dina bass visited one of the locations. what was it like? >> you basically walk in and you have your shopping list you leded to their a.m. and you -- uploaded to area a.m. it will start to tell you which aisle or part of the aisle the items you're looking for are in if you look at the smart shelf below the item, there's an icon hat picks the one you picked nd tells you here's your tem. it has sensors for meat temps e, cameras and you can use the microsoft software to guess hat your age might be. emily: is this all about taking on amazon and whole snoods > microsoft wants to take them "on the markets" the tech sides and sell more software. kroger is worried about whole foods and amazon also has these cash leer -- cashier-less go convenience stores. they want to make shopping for convenient and want to be able to sell for ad

> sell amazon by bonds.cautiously optimistic about buying calls. i like the idea of buying call calendars. >> all right that does it for us on "options action". catch us 5:30 eastern time don't go anywhere. jim and "mad money" start right now. have a great weekend - [announcer] the following is a paid presentation for the three week yoga retreat sponsored by beachbody. - are you a woman of a certain age? if you are, pull up a chair and sit with me because this is for you. i'm leeza gibbons, and it was a big year for me. i turned 60, and i'm all about aging gracefully with empowerment and all of that. but, let's be real. there are some parts about getting older that are just hard. - all of those symptoms from menopause, from a to z, i have it. - my body is changing. - i'm not as flexible as i used to be. - i'm anxious, i don't sleep.

amazon, a big part of the story. also watching what's happening with crude oil price, they are surging again today. we are work ok a five-day winning streak for west texas intermediary at the highs in october, we fell by around 44% of this value. gone just between this and the lows on christmas eve and then we're up by another maybe 10, 15% so far again from the lows then one other place to watch is what's happening with individual stocks p grks ag and eric, the biggest in the s&p 500 on renewed concerns that this utility could have liable theties that could put it into bankruptcy tied with the kcalifornia wildfires >> more on that later. thank you so much. for more on the market rebound that dom was just talking about, let's get down to bob pisani at the new york stock exchange. you're seeing sentiment turn positive, right? >> absolutely. but what a difference a week makes. remember the terrible close on new year's eve sentiment is much different in the last few days. here's i think the three main reasons. first the

when amazon brings job. job -- conditional thing. >> listen or there i think 6 different incentive program but almost all of them are conditional on jobs coming here and jobs bring taxes. so they actually will recoup i think this is actually a simple mass problem. >> that's a fair point to make how about housing because they're worried that, you know, the rentals will go straight up. the value of homes in the area go straight up. pricing out poem that's a valid concern. >> i totally agree that is absolutely a valid concern i would argue that new york city is doing a lot of work around affordable housing. they're working with amazon on that. but also the city is really dug in we have a affordable housing problem before amazon ever even announced it was coming to long island city across new york and i've been proud to see that new york city is doing a lot to shore up affordable housing acrossed five borough. you know what has not done down well is helicopter landing pad for jeff bezos i don't know whether he c

on amazon prime, 100 million subscribers have access to content and this is a gateway to amazon's retail has their own video apps and they own youtube. it's one of the most attractive skinny bubbles that's like an over the top traditional cable package. it's an over the top space, but it's barely a needle mover for them investors care about paid search that's the core business one day it will be different drives me crazy. so if you want to invest in the over the top renaissance, you need more of a pure play perhaps a pure play like roku. here is a company that sells both hardware just like the apple tv or a chrome cast and software, maybe a streaming service. roku, you use their platform to access other company's streaming apps originally roku was all about selling devices. they hooked up with a host of platform developers to get the platform installed roki gets its licensing fee from these companies, but their primary revenue comes from selling ads on their streaming platform however, i have to admit that i've got a backtracker record on this one ever see on tv anyone saying i have a ba

when you think e-commerce, you think of amazon.hen i -- maybe i want to buy something used or secondhand then i think of ebay. spencer: that has been a real challenge. ebay has been growing. it is not like it is dead. it is just growing more slowly than e-commerce spending overall. every year, it is losing market share and its relevance is shrinking. it's not only losing market share to amazon, but walmart, target, these big retailers upping their e-commerce gain, but it is still big. it has 180 million customers worldwide, so there is still a lot of things there. emily: meantime, another activist shareholder has built up a big position in ebay. the shares are up on this news. what are next steps here? spencer: this is judgment time for ebay's ceo. he has been preaching the same philosophy. since he took over the company. even before he took over the company, because we knew he would emerge as ceo post-split. it is up to him -- if he can deliver results, i am watching what the fourth quarter is like. if he delivers some results, so

bitter competitors, amazon, google, microsoft are neck and neck in the cloud race but the little guy in this david versus goliath war is suddenly very key. mongodb is the first cloud data based company in 25 years. it just went public in 2017. the stock is up 160% year over year as companies like amazon, this is interesting, have both partnered and competed with mongodb. we thought get the ceo in here. the ceo, dev ittycheria is here in a fox business exclusive. awkward. you are working with amazon, yet they have suddenly rolled out something that could arguably compete with you. >> well, let me give you some context. first we built a data base developers wanted for today's modern applications. it became wildly popular. then our customers came to us and said i don't want to spend my time provisioning, maintaining and managing my infrastructure. i just want to consume it as a service and we rolled out

amazon put on the table.n file lawsuits to slow it down, go to some of these appointed political bodies that still have a approve part of this process. there are some things they can do. emily: new york senator jill brands pushing back. casio-cortez. o big names but i know you'll keep us posted. still ahead, grocery shopping is going digital. and kroeger's attempt to take on amazon next. note ♪ emily: am zob, beware. microsoft and kroger are joining forces. the tech giant and america's biggest supermarket chain have remodeled two stores to test a series of new digital fires. bloomberg's dina bass visited one of the locations. what was it like? >> you basically walk in and you have your shopping list you leded to their a.m. and you -- uploaded to area a.m. it will start to tell you which aisle or part of the aisle the items you're looking for are in if you look at the smart shelf below the item, there's an icon that picks the one you picked and tells you here's your item. behas sensors for meat temps the eras

amazon wants you to buy stuff from amazon.ook is pretty unaligned at this point here they make money exclusively by trying to collect as much information about you as possible, information most people do not actually want collected about them, and use that information to sell you ads. that is a big disconnect. i think facebook is going to have a hard time remaining at its current size in terms of market cap and having all of the businesses it has lumped together. i think there is a good question about if the business in the data business -- the ad business and data business and messaging business belong in the same company because they are all backed up and that may just become politically untenable. emily: facebook of course also has instagram, but do you think either or both will be challenged by an upstart social networking terms of usage? always happens. it is rare for a company to stay fashionable for decades, so, yes, and i think we are already seeing things in china that are more about short form video format that is re

amazon is a big electronics maker as well, so you're seeing amazon echo, amazon alexa available in whole whole foods will be a make or break set of results for them this quarter. when you will see more and more from amazon is how are they doing on the electronics and how are they doing in these other areas thaey are getting into. >> thank you. ,> some breaking headlines roger stone, who did work on president trump's campaign, has been scheduled for a hearing in washington, d.c. on january 29. he will be arraigned tuesday in federal court in washington, so we will hear more from that. coming up, can't afford a ferrari? how about buying a share for $60 or $80? during millennials into the car collecting industry. wow. this is bloomberg. ♪ for classic cars is open for business. it let's people trade shares of blue-chip cars as they would any blue-chip stock, but in a creative way to bring millennials into the car collecting industry. here is our luxury reporter. despite having the best title in journalism, tell me more about this. i this some novelty where want to say i own a fraction of a s

bezos worth $45 billion, 16.3 stake in amazon, 95% of his wealth we should say is tied to amazon stockere's no prenup, mckenzie bezos is entitled half of jeff bezos assets, it depends on where they will file for their divorce, shares of amazon are trieding -- trading lower. they have multiple homes so it's not clear where they will file, all high-profile divorces are packed with the company. dagen: i want to point out to the viewers, this isn't about a rich well-known man getting divorced. this is about he's the largest shareholder like you pointed out, 16.3% stake that james this could get -- if there isn't a prenup or postuppost nup, if she gets large stake in the company, she can impact shareholder vote, press for changes, this happened with elaine winn, those two got divorced, so that's why it's a business story and that's why it's on the front page of the wall street journal today. >> in the winn case they split their estate. >> a lot of it does depend on -- on is there -- does she end up with sizable stake in the company, we don't know what the arrangement is if there's not a big

. >> why can't they do business with amazon?many do, but many don't because they want to control the market rights and don't want someone else to have access to their information. i will give you one example. >> please. >> it is a brokerage of thehousing, so we can match available warehousing space for the small and midsize customers. that can allow them to get today service just like the big retailers. emily: that was the ups ceo with tom keene. verizon's talked about competition with the tom keene. >> i am excited over new technologies. we are one of the best technology companies in the world. the quick math is $4 billion for this, $4 billion for that, and you have already taken a write-down. you are the new kid in the corporate boardroom. up are you treating the mop of the acquisitions? we did a write off. there are many other things we are having. the yahoo! asset is a great asset. from an impairment point of view, you take that. we still have the assets and think they are good. saying you don't of ericsson and verizon if yo

emily: there's talk of amazon meeting regulation.oncerned about meeting regulation for tech? >> when i think about it from a business and consumer perspective i don't want to think, about a world where there are five choices for everything. it's not enough. it's not interesting and i don't think it will ultimately be good for us.if you go back and think about why do regulations exist, why does the antitrust law exist? it is to protect the consumer. i think this is your definition of what protects the consumer, it has been price and access. that's where we are running into some interference around how those companies, if they interfere with that, but i think that needs to be re-explored about what are the standards that govern the way we think about when a company is too big. malika lynn are you concerned because of a slowdown that funding could dry up? >>>> i am concerned. why companies raise capital they did. i think fear was driving large, -- decisions. this has to end at some point in time for the problem is i don't really see the