.— in the amazon.zon. the first thing to look at is el nino, which is| to look at is el nino, which is a phenomenon that increases the temperature of the water in the pacific and this is particularly strong this year. but in conjunction of a very big effect of climate change in the amazon that we are bringing very dry season. but as the dry season we have on record since the last six years and it started to be reported. this greater condition for a fire but fire only starts if you have ignition. if you have someone starting the fire in the amazon, the buyer doesn't start naturally and in a very occasional ways, you have lightning but that is not the case right now.— lightning but that is not the case right now. what we have now is a very _ case right now. what we have now is a very dry _ case right now. what we have now is a very dry season i case right now. what we have now is a very dry season with | now is a very dry season with fire that is spreading in a different pattern in previous years and the

you have just returned from the amazon, how was it?— amazon, how was it? it is certainly not the _ amazon, how was it? well, it is certainly not the image - amazon, how was it? well, it is certainly not the image you - certainly not the image you might expect or imagine when you picture the amazon, the green canopies. i did a flyover and it was clear from above just how much of the area has been destroyed. whole swathes left blackened, cleared and in some cases for illegal mining, farming and other activities. i can show you a little bit more about what i saw but it is certainly a shocking image that speaks to not only the worst forest fires in two decades but how that has been made worse by the worst ever drought in brazil this year. this is the amazon rainforest but it barely resembles its name. trees blackened and walked like matchsticks. smoke is choking it. on the front lines, indigenous firefighters, it is their land burning. we say things spread like wildfire because as soon as one is put out... another pops up. for these volunteers the fight is per

we'll see amazon and apple.arket as we have elevated valuation and investors are allowing fundamentals to grow into it. not to say that it's too expensive or that the consensus expectation of a november and december ramp in the market is ill founded, but, you know, when people are expecting it in general, you have to maybe assume it's not going to be the smoothest ride. that's why, you know, jobs report tomorrow. probably have some two-way risk. every economic number surprising to the up side. i do think the bond market has been a little braced for that possibility even as some folks feel like we can have zero because of all of the storm impacts. >> 10-year is 428. yields elevated. >> they are. you can hit 432 or something. >> yes, you did. it's definitely been sticky in that area which is the borderline of where in the past if you go back several months, 430 was that level that seemed to give the equity market indigestion when it looked like you had momentum in yields. >> we're a little sick to our stomachs tod

amazon rival timmy was -- temu is selling alexa activated remote controls that are compatible with amazon'se tv stick for as little as four dollars. similar generic versions cost about $10 on amazon.com. the official fire tv replacement is about $25. caroline: coming up, did chinese hackers get access to court authorized wiretaps three u.s. telecom companies? the nsa is investigating according to one official. details are ahead. this is "bloomberg technology." ♪ caroline: the u.s. is in the early stages of an investigation into chinese hacking of american telecom companies. investigators say a hacker may have access to court authorized wiretapping information. we will discuss this with former chief of staff kiersetn todt. how do we know it is chinese hackers? kiersten: we are learning about the effort. this malicious actor, saul typhoon part of a prc state-sponsored cyber campaign and this one in particular we believed to have hacked into internet service providers a little over a month ago. we are researching if in fact it hacked into communication companies. we believe it is the start of

amazon.y're also helping the next generation become lawyers and grassroots organizers who can continue the fight to save the rainforest. congratulations again to amazon frontlines. what a great opportunity to feature them on this edition of matter of fact, i'm soledad o'brien. we'll see you back here next week to watch more stories like this. anytime, head to matteroffacttv. your money grow quickly for a limited time. choose a 3 or 6 month pickett term certificate and earn one of the most competitive rates in the market. with the flexibility of choosing the short term investment that's best for you. and you can relax knowing your funds are ncua insured. go to provident cu.org to learn more. grow your money quickly with the. pick a term certificate from provident credit union. new electric trains are coming september 21st, making your travel between san francisco, san mateo and san jose faster than ever. making your journey a first class experience with customer friendly amenities and more fre

the major rivers in the amazon basin are at critical levels, including the medea river of the amazons, longest tribute tree with river transport, no longer possible space link. the tricks to get basic good was, is the things have gotten very difficult, is that because of the severe drove on the bus and for the moment, the gc to nav, it's very tough for us said because we're used to selling in the book was to model the, these are our street and also, and without water, we can't sail. yeah. well you, so we're getting a bit isolated here there. when i saw you there, let's go menu. and if you book is all odd okey in brazil's amazon estate, more than 60 districts are on the states of emergency. with more than half a 1000000 people affected scientists predicts moisture levels. and the amazon region may not fully recover until 2026. they say climate change is the main culprit, bolan's, landmarks, buildings and squares of lighting up the skies of the german capital. as the festival of lights gets underway. international office of created color for video projections across the city that can be

the major rivers in the amazon basin are at critical levels, including the medea river river, the amazon's longest tribute tray, with rather transport no longer possible space link, the tricks to get basic good. love is the things have got very difficult. is that because of the severe drove down of the bus and the moment the season that it's very tough for us because we're used to selling and the good here's what are you looking to book with the model the, these are our street and also, and without water, we can't sell you as well. so we're getting a bit isolated here when i saw you there. but let's go measure and if you can, book is are allowed to keep in brazil's amazon estate. more than 60 districts are on the states of emergency. with more than half a 1000000 people affected. scientists predicts moisture levels and the amazon region may not fully recover until 2026. they say climate change is the main culprit. back here in berlin, the 20th annual festival of lights is illuminating the seas landmarks. the theme of this year's event is freedom. also marking the 35th anniversary of the fa

the major rivers in the amazon basin are at critical levels, including the medea river of the amazon's longest tribute tree. with river transport, no longer possible space link. the tricks to get basic good was, is the things have gotten very difficult, is that because of the severe drove down of the bus and the moment that the fees to nav, it's very tough for us because we're used to selling. and the good is what i did. okay. spoke with the model. the these are our street and also and without water, we can't sell you as well. so we're getting a bit isolated here there. when i saw you there, let's go measure into vehicle book is all odd. the key in brazil's amazon estate, more than 60 districts, are on the states of emergency. with more than half a 1000000 people affected scientists predicts moisture levels and the amazon region may not fully recover until 2026. they say climate change is the main culprit. a. and a reminder of our top story, they root has witnessed another night of his really air strikes. the explosions came shortly after israel ordered people to evacuate from a number

amazon is up 4.5%, which is $8.40. on the move, intel. intel is up 8.7% it was up more, still up, but it's not up as much as it was, so, two up, one down, let's tee it up, see what i just did there, guy >> that's why you are -- you are -- >> that's why i'm bouncing around show to show. all right, let's bring in deepwater asset management's gene munster gene, okay, you pick, dealer's choice, gene intel, amazon, apple, you pick one, and we'll just run off it >> i'm going to take the apple card here, brian >> okay. >> i think because it's the most fireworks going on >> what is your hot take, then you heard us talk about earlier about this apple intelligence and dan gave you -- he gave you a compliment, he said you forgotten more than we ever knew, or something like this it doesn't seem to be moving the needle yet, it's super duper early. what is your take on apple a.i.? >> mutual admiration society with dan here, in terms of the take on a.i. it's really the substance of what's going on with apple we're really not going to

going into amazon, our expectation is amazon's aws cloud revenue likely grew 20 221% in the street isking for a percent growth rate. we expect that to accelerate in the fourth quarter. caroline: you have outperform rating on amazon. shweta khajuria, great to have you, wolfe research. doordash marks a major milestone since launching its ipo. cfo ravi inukonda joins us next. this is "bloomberg technology." ♪ the best ai assistant isn't one that knows the whole world. it's one that knows your world. a custom assistant, built on watsonx with ibm's granite models, can leverage your trusted data, be easily trained on your workflows and integrate with your apps. it can be tuned to do just what you need. because the more ai knows about your world the more it can help you do. ibm. let's create. not spreadsheets... you need to hire. i need indeed. indeed you do. our matching platform lets you spend less time searching and more time connecting with candidates. visit indeed.com/hire caroline: time for "talking tech." it's official, the eu is investigating an e-commerce platform for potentially vi

later, amazon and apple.with darrell cronk and the latest coming out of blackstone with a big push to build out data centers for mega cap tech. how those worlds collide in just a moment. this is "bloomberg." ♪ ♪♪ ♪♪ the winter escapes sale is now on. visit sandals.com or call 1-800-sandals. - it's something about having that piece of paper. some people think that's worth more than my skills. - i've run this place for 20 years, but i still need to prove that i'm more than what you see on paper. - you gotta be so good they can't ignore you. - it's the way my mind works. i have a very mechanical brain. - analytics and empathy. that's how i gain clients. - i am more... - i'm more... ...than who i am on paper. >> investors have views that are lightly held. >> if you take a look at the low-end consumer, that is where you have seen a lot of the weakness show up. >> there is a lot of signs of disinflation. >> to have supplies online, productivity higher. this really is good news. >> this is "bloomberg surveillance" w

, — convenience can be better than amazon, and can support your local_ amazon, and can support your localrybody wants to support the local _ everybody wants to support the local businesses in their town. dara _ local businesses in their town. dara khosrowshahi, of uber. russ mould is investment director at aj bell+. the ft says it's an early stage, no formal approach made. you can see how this could be a compelling combination. you can. two very highly developed technology platforms with booking capability in the field of transport, you can see why uber would think they could get people there through flights and hotels, and with expedia driving the car rentals and services that they can provide to a global population, both of them lucky enough to be able to do so two people very keen to travel.— able to do so two people very keen to travel. one thing that is curious _ keen to travel. one thing that is curious about _ keen to travel. one thing that is curious about expedia, - keen to travel. one thing that is curious about expedia, it i keen to travel. one thing that is curious about exped

followed by amazon. amazon reports after the closing bell. read from the hyper scaler slowdown with the read into amazon. amazon is the largest of all hyper scalers. let's take a look at treasuries ahead of pce coming up today. inflation report and questions about how meaningful it is especially with the jobs report coming up tomorrow. we take a look at bond yields right now. the benchmark is what we focus on. we will show you the bond yields in just a second. earlier this morning, we were seeing 4.29%. that does it for us. "squawk box" starts right now. >>> good morning. tech stocks under pressure. you can see that in the nasdaq. shares of microsoft and meta platforms falling despite earnings that beat estimates. we will look through the earnings straight ahead. >>> starbucks ceo brian niccol fundamentally vowing to change the strategy. >>> and a judge has ordered elon musk to attend a hearing in philadelphia in a lawsuit that accuses him of running an illegal lottery with the voter sweepstakes in swing states. it's october 31st, 2024 and "s

how do you assess amazon's mandates?since we have been virtual we have been virtual since 2005 everyone has been working from home before virtual working from home was even known. i always say her company's most dysfunctional company in the world. the overhead is low. but like i wrote about we lack innovation but we lack socialization but we lack teamwork some of the employees do not even know each other. they've never met each other face-to-face. i understand where amazon is coming from. because being a face to face in the office really does have an impact. the thing is most of my clients are not doing that. it may just be a little bit too much to require your employees to be there every day of the week in 2024. arthel: that's an interesting point because amazon web service chief executive matt gorman set up their people who just don't work wellin that environment and do not want to, that's okay for their other companies out there. at amazon we want to be in an environment where we are working together and we filled the

dice que habló a amazon.e 40.000 $ y solo recibió un total de 200 $. y aunque lo intentó, no logró que le devolvieran su dinero. esto está pasando a mucha gente diferentes compañías a que han tratado de usar el nombre de amazon para atraer gente y que abran tiendas. cuando informamos a amazon de lo sucedido, al señor arturo y a sus hijos nos dijeron que investigarían más a fondo y recomendaron siempre confirmar si una oferta asociada a amazon es legítima. visitando directamente su página y hablando con un representante para aclarar cualquier duda. si crea haber sido víctima de una estafa o fraude de este tipo, puede reportarlo a la comisión federal de comercio en reporte fraude ftc punto gov. recuerde que si alguien le promete un negocio en que usted prácticamente no tendrá que hacer nada más que dar dinero y le garantizan que lo multiplicará, está ante un fraude porque en realidad ningún negocio es así de fácil. les informó arlen fernández. y esta fue una alerta al consumidor. en este palco celebramos el cre

>> andy jassy is saying new hires and amazon doubled in size through the pandemic the newly hired amazonloyees started getting the chance to learn and understand the culture the way they would if they were working in the office all week long. they are currently at three days a week, there's a lot of what they call coffee badging going on. people badging and, grabbing a coffee, heading home and doing the rest of the day home so three days is not enough to have that overlap of people with younger employees are getting the opportunity to learn. caroline: this is something andy jassy is very passionate about. >> that's what he is saying. he wrote a very long note to employees explaining it and then the pushback you mentioned culture multiple times. the pushback is you're trying to play more people off and this is a way to thin the ranks. the true answer is it's probably a little bit of both. they want to pump the culture and thin the herd. caroline: spencer, we thank you. apple gets a downgrade as analysts continue to doubt hype around the latest iphone. this is bloomberg technology. ♪ >> we

will we still have the amazon? we know now we though. yeah, i know, basically, professor, since you have a do care of the amazon research institute says the situation is dire to click on that. those of you see, i live in the eighty's colombia was the 3rd country in the world in terms of water resources. and now we're down to the 24th. this is a clear warning that's what we are doing is not working. and if we don't do something now we will reach an inflection point of no return for the amazon cynically stand by my phone. a bleak warning shared by academics in though cause a like an a call for action to preserve what's left the one of the world's most important echo systems before it's too late. i listened that i'm 50, i just need a lift piece. yeah. that's it for me. so he'll robin for the moment. the weather is next, and then on inside story being simon, whether the books alliance can offer accounts about an existing international to stay with the the case id be. it's australia again to be the oldest place in the world yesterday. and $42

but look at amazon.mazon -- i just don't want to get too micro, but amazon reports a quarter that was allegedly bad, right? and the stock goes from, you know, just pure -- 186 down to $161 pirouette and the next thing you know, it's right back. what are you a supposed to do? did you get out and get back in? no one's that good. >> interesting piece in "the journal" about google's search dominance starting to erode, in part because of amazon and tiktok, a.i. firms. >> we did trim some alphabet for the trust. i gust just feel like that the antitrust case -- the second one's not that strong. the first one that they lost, not great. and then, you know, david, i like waymo, but on october 10th, i'm not going to be celebrating waymo, am i? >> no, you're going to be talking about tesla. >> right. >> but back to this search thing -- question that was just raised because i remember when microsoft, when chatgpt just was getting -- well, not really just getting started, but earlier this year, late last year, there w

apple tv plus, apple, just agreed to have amazon be part -- let amazon include it as part of its bundle data, in terms of targeting, is miles ahead of where netflix is. so, it's got a long way to go there. >> just going back to netflix only for a minute, so, we saw that sort of growth really reaccelerated when they had ad-supported, which they never had, password sharing, and -- is there still a lot of room left in those catalysts? >> well, i think that's what everybody is looking at starting tomorrow. and i always think netflix trades on its subscriber numbers, much more than it should, because its long-term trends are really much more the story than the quarter by quarter subscriber fluctuation. it gained 39 million subs largely off the back of password sharing background in the last 12 months. going forward, it's not going to be looking like that. but they still have am -- they're getting about 45% of their new subs coming from the ad tier, so, the lower-priced ad tier y tier, which is the lowest price, only $6.99, i think should serve them well in terms of sub gains. >> it really is

pfizer, amazon, tesla. the reasons why they're capturing our attention. >>> plus, millions of americans preparing for hurricane milton, now a category 5 storm. the latest on evacuations and the life-threatening surge next. don't go anywhere. "fast money" is back in two. from someone named giancarlo. and i didn't live in that shoebox for years. not just— with empower, we get all of our financial questions answered. so you don't have to worry. i guess i'll get the caviar... just kidding. join 18 million americans and take control of your financial future with a real time dashboard and real live conversations. empower. what's next. craig here pays too much for verizon wireless. so he sublet half his real estate office to a pet shop. there's a smarter way to save. comcast business mobile. you could save up to an incredible 70% on your wireless bill. so you don't have to compromise. powering smarter savings. powering possibilities. switch to comcast busines internet and mobile and find out how to get the latest

amazon, the only alternative to nvidia. have amd, microsoft, google, all developing their own ai chips. and then the strategy that's key to that long-term competition. think of it as a marathon race. so openai, microsoft, google, they might have won the first ten miles of that marathon. amazon has been in the race, chugging along, but data centers is how they could pull ahead in the back half of the marathon. >> another day, another new development in ai. kate, thank you. >>> all right. on deck, we fly, float, and store stuff. it's all coming up on "the exchange." it's time to grow your business. create a website. how? godaddy. coding... nah. but all that writing... nope. ai, done, built. let's get to work. create a beautiful website in minutes with godaddy. welcome to ameriprise. i'm sam morrison. my brother max recommended you. so, my best friend sophie says you've been a huge help. at ameriprise financial, more than 9 out of 10 of our clients are likely to recommend us. our neighbors, the garcía's, love working with you.

as part of that, amazon's climate pledge fund announced it's the lead anchor in a dollar 500 millionund for x energy, which will provide the parts and nuclear fuel for that project. at the presser this morning, energy senior jennifer granholm announced $900 million in d.o.e. funding is available. >> we want them build in the united states for a variety of reasons, including national security reasons. we know we need additional power to be able to to do that. we want that power to be clean power. >> reporter: as we said, amazon is just the latest in a line of big-tech companies investing in nuclear energy. >> i'm so fascinated with this story. like we mentioned, it was google last week. there's an important distinction. this is developing the technology to get nuclear energy in a different way. that's going to take time, right? and this isn't a sure bet? >> reporter: i wouldn't say it's it's not a sure bet. they say it would take five to ten years on this particular project. the difference is amazon is actually investing in that lard ware, in those small nuclear reactors to get them b

>> i'm not certain that amazon can take it all back, there's certain things that amazon can't do today, like they don't go both ways, they only deliver, so, returns, when you return things, it usually goes through the u.p.s. network that's value that they're going to offer for a long time but the challenge here is, again, as they push more price, amazon has a lot of ability to in-source more of that and it's really telling. carol had an investor day in march and said the glidedown as they call it in the amazon business halted in march this quarter, we learned, no, actually, amazon in-sourced more of these next-day air volumes, they're downgrading to ground. >> so, let me just switch gears a little bit oper operationally, they improved, that was good. but they talked a little bit of softness, a little bit of moderating expectations for the fourth quarter that's more broad. does that weigh into your cap cue lus at all or not really >> well, for sure, that's more a near-term issue and we saw it with fedex last month, they had a pretty terrible quarter, as well we're not seeing the industr

amazon shares are falling after a rare analyst downgrade.ells fargo cut the stock to equal weight from overweight with analysts saying the growth in the cloud computing business is not likely to compensate for shrinking market trend -- shrinking market trends, cup from $225 to $183, one of the lowest on wall street. for more, i'm pleased to say we are joined by our bloomberg intelligence analyst. the core of this call is that aws strength alone is not enough. your reaction? shares are really getting punished here. >> if you look at it, amazon has done well over the last 12 months to showcase our profit potential. this is something that we reported back in november, there is so much more that the company can do. looking for example at the operating profits, like for their cloud division, last year operating margins were at 24%. this year they went up 35 .5. an improvement of 11 percentage points. obviously, you would not expect that level of improvement to continue over the next few years. having said that, we feel fairly confident that over

what reason were you given for being banned by amazon?ofty dei policy applies to everyone, except jews. i was invited to speak, the jewish group was super excited and needed inspiration and hope post-october 7. they have an employee hostage and amazon never said a public word about it. they were feeling down and i was invited to speak. immediately hr got involved and said i was too controversial. an anti-semite is not but an outspoken israel person is. >> todd: why do you think amazon invited mclemore, somebody that said f america and dressed up in a anti-semetic costume and banned you? >> they are not allowing jews to form their own groups, they have 13 other affinity group for asians and gays, and so many afinity groups, but when jews ask for their own group, they are denied. they are subject to policy of other dei groups. they have a problem in their company. they invited a speaker who is supporting the regime holding one of their employees hostage, it makes no sense. >> todd: i have a wife, multiple amazon deliveries per day. the peop

focus to rapidly growing areas like artificial intelligence and cybersecurity, giants such as tesla, amazon and microsoft all cutting the rosters will be following on "mornings with maria" 6 - 9:00 a.m. eastern on weekdays on fox business i hope you will join me every weekday and i will see you on sunday on the fox news channel joining us like 10:00 a.m. eastern from the exclusive interview with former president donald trump, 20 plus days ahead of the election that will do it for us on fox business thank you so much for being with us have a great rest of the weekend and i'll see you next time. >> "barron's roundtable" sponsored by global x etf's. >> welcome to "barron's roundtable" where we prepare you for the week ahead i'm jack otter fed governors were split on the idea of a 50 basis point rate cut a chief economist is here on the health of the economy and the fed's next move, later some of the hottest tech companies are not publicly traded that does not mean investors are locked out, how you can invest in the mag seven private companies, we begin with expert panel and three things invest

this is the amazon rainforest but it barely resembles its name.ke matchsticks. clouds not full of rain for the continent, but smoke choking it. 0n the front lines, indigenous firefighters, it is their land burning. we say things spread like wildfire because as soon as one is put out... ..another pops up. for these volunteers the fight is personal. translation: if these fires continue we the indigenous | people will no longer have life because it is killing the plants, in a while it will be asked because we inhale so much. it is a aggressive fire that killed everything that comes its way. she spots another plume of smoke, they had only just finished putting out fires there. the battle feels constant. translation: the majority of these fires are arson, i people who want to invade the land. 0ther fires are natural but those are rare. a disaster it is, natural it isn't. deforestation has slowed under the new government but despite attempt crackdowns, lawlessness is still rife. loggers, miners, farmers use fire to clear land. at the heart of the argume

oracle and microsoft and google and amazon are huge beneficiaries.ative of the a.i. revolution. not just about nvidia. s.a.p. is joining that party. >> the cloud segment for s.a.p. what can we read from s.a.p. earnings from after the bell that gives us insight into the hyper scalers like amazon and google? >> huge barometer. that is get the popcorn out in terms what we believe we will see from microsoft and from gcp from google and amazon. hyper scalers are huge for this quarter. the barometer for this second inning of the a.i. revolution. >> s.a.p. is forecast to see 27% growth in the cloud segment year over year. dan niles, they missed estimates on azure. is there anything else we should see with the earnings that might be a sign or concern? he mentioned amazon as a bellwether in this area. >> i think it is the opposite this quarter. the reason is the consumption model. you see what is happening with p palantir. on the consumption side, you see acceleration this quarter which bodes well not just for them, but shows about the software phase. you tal

amazon may be the world leader.y have to rely on people like you to make this happen. >> absolutely. i am very optimistic. you cannot run a real estate is just like you can run a tech business where quarter by quarter product cycles and what you do don't matter. 96% of our lease is basically control the income for the next year. there is very little you can do with that space. our leases are 40% below market rent. no matter what happens to market rent we will capture that growth, plus all of these other things we've been talking about. >> that is why i want to leave it. i liked your stock since 2009 when you were the first of all of the companies i follow, the legendary bottom. thank you so much. you look good, my friend. >> thank you. good to see you. >>> mad money is back after the break. >>> lightning doesn't strike twice in "cramerica." >> thank you for taking my call. >> it strikes every day. cramer is back in a flash with your questions . (man) these men of means with their silver spoons. what will become of t

ed: michael hopkins, head of amazon prime video and amazon mgm studios. shout out to eddie q.r world, that's news. another player is pulling in millions of viewers without charging them a thing. in the u.s., 81 million people stream content every month on tubi, the free ad supported platform owned by fox. it is launching across the u.k. this summer, our original home. it's great to see you. the u.k. is interesting. explain the basics. why? what's going to happen? >> we've been getting incredible traction in the u.s.. where the most-watched free tv service in the u.s. now. audiences, cord cutters, they want to watch content for free. they don't mind ads and return. they want a large collection. ed: cord cutter and cord nevers. caroline: like gen alpha, gen z. anjali: it's not like they stopped subscribing to cable, they just never did to begin with. tubi has an incredible formula. it's resonating with audiences. we believe we can bring that value prop to u.k. audiences. we've done the same in canada and latin america. it's a global opportunity. that's what we are looking to pur

we think the hyper scalers are still the best ways to play this microsof microsoft, amazon and google ai trade is microsoft and amazon, for consumer we really like meta and google those are kind of the four big names that will benefit the most >> obviously those are more cons consensus. but i'm curious to see if you're right about snowflake. thank you for your time. >> thanks. >>> coming up, disney shaking up its board of directors with nike's executive chairman stepping down. but morgan stanley says that could be a win-win for both companies. they'll join us next to make their case >>> amazon web services doubling down on its generative ai partnership with databrics as investors look ahead to that potential ipo. "the exchange" is back after this >> this is "the exchange" on cnbc (♪♪) car, this isn't the way home. that's right james, it isn't. car, where are we going? we're here. (♪♪) surprise!!! the future isn't scary. not investing in it is. car, were you in on this? nothing gets by you james. nasdaq-100 innovators. one etf. before investing, carefully read and consider fund investm

i mean, amazon. they can't stop amazon. i'll tell you why.azon today, like every day, there it is. there that afternoon. how many -- have you done -- how much afternoon stuff have you got where you order in the morning, order tide and there it is in the afternoon? >> that is pretty crazy. >> if they can get the package under $2.47, this company's leverage is incredible. and remember when everyone was writing off aws, saying it went to -- >> you're paying up for the aws growth. right? >> yeah, pay up for perfection. i think that you're going to have -- i think you're going to have a muted forecast because that's what they do. i think the number's going to be better than expected. i think you have amazon, apple, everybody's going to be, woe is me. you'll come in tomorrow. the employment number will be okay. they'll still be, woe is me, and maybe by the end of the day, they're good. we have to deal with this incredible sense, scott, of people picking a line in amazon, saying, oh, well, he did forecast $100 million lower. that's what happens. >>

why this term in particular to invoke amazon?— him. why this term in particular to invoke amazon?zon? because i could be dead by the next one. _ invoke amazon? because i could be dead by the next one. let's - invoke amazon? because i could be dead by the next one. let's hope i dead by the next one. let's hope not. i'm 75 years old. if i wait ten years, i've decided i'm waiting to do things in that part of my life is over. they are grateful for having this music. and you lost your voice at the end of it. yeah. what makes you keep going in conditions like that? well, i'm there to have a good time. i'm going to insist on it, whether it's raining or sunshining or whatever, because i'm there for the people that are there. it sounds corny, but you have to love your audience, you know? for the most part, i've never found that hard to do. in the documentary, springsteen is seen coming to terms with the idea of his own mortality, and it's revealed that his wife and band—mate, patti scialfa, was diagnosed with cancer in 2018. how is she doing? she's doing well. we caught it early. she's hav

it was not preprogrammed from an amazon engineer. instead it was created and generated up by the ai technology itself so maybe this is a lesson to not rely on robots to tell you how to vote. >> john: up i guess just wait for the terminator to come up behind you and say i want you to vote for whoever. hillary vaughn for us. thank you. this ai thing is getting out of control already. >> sandra: that is crazy. think about how many people have that floating around their house and how many kids are asking those questions. and those are the answers they are getting. >> john: one of these days skynet is going to be real. >> sandra: that was something. thanks to hilary for reporting on the hill. meanwhile both candidates pitching their closing arguments to voters less than two weeks out from election day and while former president trump relies on policies, vice president harris relies on trump. >> john: the stakes for the senate are high and fox power rankings project that republicans could take control of it. how democrats could be running

but the -- rocket risk for if amazon.y ahead of everybody on this, and i think amazon's competitive differentiation in the market because of its aws presence is stronger than most people recognize. i think it's a good move to get into this market. there are going to be costs, but as long as the company breaks those out, i think investors will become more bullish on it over time. stuart: it is basically a whole system of literally thousands of satellites all linked providing you internet service directly on the ground. that's basically it, same as starlink. >> yep. it's bandwidth play. you know, that's -- our demand for bandwidth seems to be insatiable, and it's not just consumers east. i think the the amazon or aws advantage is generally when it comes to provide services to the military, dod, government agencies, aws and amazon have been extremely reliable partners over the years. and i think that's going to really help them break into those markets. also with commercial markets too, think about airplanes. stuart: sure. i

you want to sell through amazon. ask about whether his online strategy is where it should be i bet he says it isn't >> yeah, i mean, i'm looking here again at the presentation 18 times is where kenview trades in terms of a multiple on calendar year '25 earnings, and that's toward the lowest multiple p&g, you go on from there, colgate palmolive, all of them support higher multiples in part because the growth hadn't been there in the way there was an anticipation it might be after the spin i would point out one other thing -- >> they're missing kimberly. >> there's an entire industry that is employed on wall street to help companies combat activists, keeps a lot of people employed one of the arguments that's been made that needs to be dropped, i think, is they're short term nothing about this is short term and nothing about any of the ones i have been following lately is short term look at salesforce they still own it. it's two years later so there are certainly plenty of arguments perhaps that can be made to combat a

but also, amazon, more brands are coming on amazon. estee lauder has put six brands on amazon.consumers look to replenish, they're going to amazon versus in the store. we're seeing target start to grow their beauty offerings. they are adding ulta in a lot of the target stores. and so it's tough to know if target strength is due to ulta or their own investment in their own beauty section. we have yet to figure that out. but target is definitely gaining. >> so that's an important driver for the stock. before we go, in terms of your favorite picks here, you like fragrance companies, you like elf, cody, sbh, and you have an overweight on estee lauder. >> yeah, yeah. we are big fans of fragrance categories. it was up 47% for males. it's seeing extreme growth. we really like cody, which is a lot of exposure. and estee lauder, they are putting a lot of brands on amazon. i see that as a big opportunity for them in the u.s. >> all right. thanks for joining us today. e wer thpolunch picks things up after a break. what the biggest companies deliver is exceptional customer experience. what

how many times has amazon been up against headwinds?you know how many times they've made inexplicable moves? it is nothing new. they always came back, it is in their dna. it always does. i remember a year and a half ago i was screaming because amazon web services was underperforming, came right back. the attempted assassination of donald trump led to a light sales quarter. it comes right back, it comes right back. i say knock yourself out and sell if you have to. let me ask you, did you sell amazon at 161 after the last supposedly bad quarter? how did it feel when the stock bounced to 195? once again i think it is a matter of time before amazon bounces back as usual. no hurry. stock does seem to be headed lower, i have no doubt about that. i get it. but sell to buy it lower? can you really get back in that? too hard. how about jeffries downgrading apple this morning? it seemed cogent. listen to this. quote, we like apple intelligence long term as apple is the only hardware-software integrated player that can leverage proprietary data to

make or break hour, countdown to amazon and apple earnings. reaction today to microsoft and meta. both stocks are lower. we'll ask our experts what's at stake for stocks in tonight's reports. scorecard with 60 minutes to go. we've been down led by tech. nasdaq basically at the lows of the day down 2.5%. every megacap stock in the red. how about uber? a big drag today after the outloo