representatives of amazon mike is from fifteen countries met in thatat in today to discuss a jot strategy a against the o online giant ememoyment praractices. more than fifty people from countries like egypt brazil and pakistan have joined otherer frm european nations for two day close schchool summit. ththeir aim is to o shar informatation on w working conditions in i was also t the distct centers w which could help in t their individual negotiatations a amazon has a at eight hundred distributionon centers around the world. but somome say but his movement- quote tracks down to the second take a lisisten you u need some power when theye when they're j joined togetherr when we w want to influence poly we want when we want to brbring workers --hrough their collective action three strikes andd had fifty strikes in europe actually inn twenty eighteteen e can see heres very importantnt for like a you k know everybody here in n europe. absolutely but it's s so veryy important foror the workersrs ad soututh amemerica because thihis like a an anaheim known terertoy for us amazonn is just. getting

also google and facebook potentially as they're losing some of that product search revenue to amazon. >> mike, good stuff. thanks for joining us. mike olson from piper jaffray. >> thanks. >>> chip stocks have been the hottest sector of the market up more than 30% so far this year but then intel warned and put the group down is the party over? "trading nation" is next and then we'll take you inside the isees weou imalibu mansion th wk'porhses right after the break. >>> welcome back to "power lunch. time now for powerhouse and today we're going inside the home of ceo, the luxury skin care brand radical skin care robert frank has more. >> well, today's powerhouse is the estate of liz edlich, the ceo and co-founder of radical skin care. she's giving us an exclusive tour of her cliff side compound in malibu and wait until you hear what it took to have it float above the ocean. take a look. ♪ ♪ >> i built and designed this house myself i can't wait to show you around. my husband and i were sitting on the beach and we looked up and we saw this little white cinder block beach shack sitting there by i

the trillion dollar valuation which would you bet on, amazon or the field >> i still like amazon quite a bit, mike. and you mentioned that it's quite a bit off its highs and that's precisely the reason why i like it. you look at stocks like costco, a big run near former highs. all of these have had a really good run since december but amazon is the one that's really more technically appealing and you take a look at its broader chart going back since october the stock has been range bound for the last six months. it's really just started to emerge from the base if anything, it looks like it has room to run over the next three to five months i am projecting a move back up to 2015 that would use pullbacks with a chance to buy that. it's more of a reverse head and shoulders formation for those to study technicals and more appealing in my view than the others. >> i know you've maybe been shopping around other retail stocks and come upon one in a very particular category that seems to be able to put up a fight against amazon. >> it has a strategy almost the opposite of amazon it keeps expanding the bric

amazon effect in bond markets. what does that mean in terms of how insurers, and terms of liabilities, are shifting their debts in terms of bonds? mikeen we refer to the amazon effect, we are referring to the use of technology creating disruption for industries and companies. the insurance industry is front and center on these issues. positive, and the other, it is a negative. on the positive side, we see companies investing in their own technology they are using to improve their own operations, risk management, underwriting, and the way they reach out companies. those companies' operations are improving, their costs are coming down, and they are becoming more competitive, putting pressure on the rest of the industry. that is on the business side for the insurance companies. on the investing side, it is a much different story. where is disruption going to take place, and which industries? within those industries, which countries? i will give you an example. the commercial real estate industry, particularly the retail malls. we've seen over the last several years the movement from physical -- twog to eat shopping e-shopping. the inves

mike santoli. >> we will kick things off with amazon shares higher after earnings, just slightly.half percent profit doubled to a record high while announcing plans to introduce one-day delivery to prime members. our guests join us now thank you for joining us aaron, there's slowing growth at amazon kind of glossed over by the fact we'll move to one-day or at least that's the goal going forward. spending 8$800 million to do it in the second quarter. ultimately the question is is that worth it? it's an awful lot of money, and are they doing that because they need to increase the loyalty of current prime members not to lose them or are they trying to get customers back >> helps continue to differentiate amazon versus the market roughly 90% of the retail market is still offline 10% online amazon has a third of that market they're making the bet over the foreseeable future, moving to one-day shipping, you can gain more market from the offline market we don't have the data they have suggesting that, but clearly they're making the bet they can gain significant market share from online a

first on camera interview from online retailer, amazon on how they are cracking down on counterfeit items sold on their site. why grammy nominated singer mike a huge, new challenge, walking across the country. that's "cbs morning news" this tuesday. thanks for watching, i'm anne-marie green. have a great day. >>> now at 4:30, a live look from our sails forest camera, looking at the east bay. good morning, it's tuesday, april 16th. i'll kenny choi >> and i'm -- >> it willing breeze sxee when it will feel chilly outside. backside of a storm, a breeze comes through. but as far as any other aspects from that weak little system that came through yesterday, we're not seeing anything on the radar. isolated showers. if you have good eyesight and you're looking really close, maybe you see a few drops of rain, but that's the way today is going to go. we're done with the rain with the exception of a few isolated showers. isolated showers today. a big warmup later in the week. got a lot of locations in the load and mid 80s in a couple of days. more on that in a bi

. >> facebook is back under a mike scope after a cyber security firm uncovered user information on amazon cloud server. the firm found over 500 million records on facebook users including id, numbers. comments and raebs reaction and account names. all openly stored before being closed yesterday. a year after facebook dealt with the cambridge analytica scandal. that exposed how the company shared users information online. >> it's the nature of cyber today. we all generate information about ourselves on facebook. information that is shared with third parties and they can put us at risk. >> up guard isn't sure how long users information was available on amazon. >> hired to supervise kids at a bounce house business called pump it up. now this employee is accused of molesting a young girl. the man allegedly lured the young girl into a back room. i have been there. how did this happen. >> i can tell you that this pump is up is very popular for kids birthday parties. on monday a young girl says that while she was attending a party here, an employee molested her and you're right, that employee wa

. >> i wonder if amazon will take que from mike sought and facebook this morning are zooming after very if amazon comes out you with blowout earnings, they could be headed very sharply higher just like microsoft and facebook. i've got a caveat here, though one of the reasons microsoft is up sharply that their cloud business performed so very well. up 73% as i am reading the numbers. amazon is big in the cloud business as well they are a direct competitor with microsoft for the cloud industry so to speak, if microsoft is doing so well, does that mean that amazon is not doing so well in the cloud? if that is the case, then the stock probably won't zoom as much as it might other things being the same, so i am really looking forward to seeing what happens this afternoon, if indication is i am looking onboard up at 19.22 i wonder if a blowout report doing well in cloud do they hit 2000 dollars today or tomorrow morning? which is it i am just wondering just saying. maria: can you believe stock price 1900 dollars. >> has been above 2000 before looks set to get back to that. maria: i wonder why

amazon. >>> good morning. i'm abc 7 news meteorologist mike nicco. total sunshine, a little breezy. as much as yesterday and a little warmer today. but we'll have a temperatures seesaw. upper 70s around the bay and low 7! 70s inland. >>> we sure hope that you're -- >> h. we'll be back. k. start. we'll be back. 's best plant scientists comes miracle-gro performance organics. it's miracle-gro's next big thing. ♪ ♪ organic plant food and soil that finally work. ♪ ♪ and work... and work. ♪ ♪ and yes we did say organic. for twice the bounty, guaranteed. miracle-gro performance organics. organics finally grow up. and up, and up. ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ at pure leaf, real tea leaves we blend the finest tea leaves and brew them at a lower temperature for a smooth delicious real brewed iced tea. i'm alex white, pure leaf tea master. our thing is tea. be head of the household, had to because i became a dependent. my tip is, every time i wanted to smoke a cigarette i would think of my children. (announcer) for free help, call 1-800-quit now. the russells travel to swim meets every saturday. but now.

amazon. >>> chair of the house ways and means committee taking control and asking for president trump's tax return. mike emanuel is live on capitol hill. do democrats think they'll ever get the president's tack return. >> reporter: sounded quite confident making reference to obscure provision in the tax code. >> request under 6103 have never been denied. have never been denied. ways and means revoked the authority in the oversight of tax administration many times before. >> reporter: democrat on the senate finance committee blames president trump. >> it is the president who is making this issue. if this president has done what all of his predecessors had done for literally four decades, there's no issue. >> dana: how are republicans reacting? >> reporter: the top republican said this is another case of democrats rushing down the road of impeachment. >> to request the president's tax returns is an abuse of authority. the fact of the matter is every american, by law, is protected against congress trying to seize their private tax returns for purely political reasons. >> reporter: texas senator john koryn

again, you are going to get facebook and microsoft and amazon you're going to get these megalarge cap technology names and ifs there a stumble, then mike is right because i don't know if the market can absorb disappointment, significant disappointment from these major technology companies they'll get a little bit of a correction in the marketplace, but that's where, for mike to be right, i think you're going to are to see the negativity. >> you see, i'll disagree with that if you see a pervasive stumble in technology, yes, that's true. but let's go back to apple in january. that was a major stumble, right? and the market did great in january. >> i'm saying technology, steve. technology across the board. not an incidental netflix like a prior quarter or -- >> or microsoft. any one. but because then you draw the conclusion that it's more, pervasive in the economy but the -- to me, the one company that's really going to tell us where the economy is, of course, caterpillar this week. the others are all growth stories. amazon, sure they may say volumes are up or down a little but overall it's still growing. that's where you have to look. fo

amazon echo. >>> good morning, i'm abc 7 news meteorologist mike nicco. mostly sunny, seasonably cool 40s and 50s tonight. and a kiddie coaster of swings this week. low to mid-70s inland. tonight mainly 40s to low 50s. our warmest days will only hit >>> we'll be right back.ly hit corey is living with metastatic breast cancer, which is breast cancer that has spread to other parts of her body. she's also taking prescription ibrance with an aromatase inhibitor, which is for postmenopausal women with hormone receptor-positive her2- metastatic breast cancer as the first hormonal based therapy. ibrance plus letrozole was significantly more effective at delaying disease progression versus letrozole. patients taking ibrance can develop low white blood cell counts, which may cause serious infections that can lead to death. before taking ibrance, tell your doctor if you have fever, chills, or other signs of infection, liver or kidney problems, are pregnant, breastfeeding, or plan to become pregnant. common side effects include low red blood cell and low platelet co

amazon prime wardrobe. >>> good morning. i'm abc 7 news meteorologist mike nicco.ther run of record high temperatures today. a little bit cooler at the coast, and that's going to increase that cool sea breeze and fog and decrease our heat after today. look at the asterisk. record high today. half moon bay, 61. tonight 40 for half moon bay, most of us in the >>> the amount of coordination on this set always strikes me. look at the straw and cecilia's arms. >> this is a requirement. they always have to match my dress. they always have to match my guess. corey is living with metastatic breast cancer, which is breast cancer that has spread to other parts of her body. she's also taking prescription ibrance . . . . . . . cancer as the first hormonal based therapy. ibrance plus letrozole was significantly more effective at delaying disease progression versus letrozole. patients taking ibrance can develop low white blood cell counts, which may cause serious infections that can lead to death. before taking ibrance, tell your doctor if you have fever, chills, or other signs

amazon packages, the new way the company is keeping commerce updated. >>> taking a live look outside as we head to break. you see there, the golden gate bridge. a little foggy out there. definitely some precipitation, mikeico said keeping a little time wand nowfavorite people goeat denny's,y. $6.99 goes a long way too. you can get 2 eggs, 3 sausage links, 3 strips of bacon and 2 buttermilk pancakes all for just $6.99. the new meat lovers slam is here. see you at denny's. >>> live where you live, this is abc 7 news. >>> a live look right now at paris' iconic notre dame cathedral, officials assess the massive fire. now questions about what's next for the nearly 900-year-old building. good morning to you. it's tuesday, april 16ing. >> a reminder, you are never more than seven minutes away from your accuweath- it's -- accuweather forecast. we have drizzle through 8:30 or 9:00. we will get

mike. >>> mario kart on the go. big news. a new device you can soon play that very popular video game on. >>> amazon knows you want things now. it will feed that instant gratification. [phone ringing] remember the way we used to do things? hey man... like connect with friends? dig it! or get in shape? or sell a house and pay a real estate agent a big commission. [crash] at redfin, we charge you a 1% listing fee. and because redfin.com is america's #1 brokerage site our agents get more eyes on your home so you sell for thousands more than the one next door. don't get stuck in the past. sell with a redfin agent. >>> right now at 5:14, let's head over to fremont. a nice cool start. low 50s as you get ready to head out the door. we'll stay there as we go through sunrise. then our temperatures quickly warm up. there will be more clouds in the mix. and our temperatures slightly lower compared to yesterday. we'll get a look at the weekend forecast and help you make some weekend plans coming up in less than five minutes. >>> how is this for a good update. we got word all lanes cleared on westbound 80. traffic building on the carquina

amazon up around 1% if we glance as some of the other movers. you have decent gains for ford and a decent fall for intel. mikere stock-specific moves >> the individual company moves were dramatic. the things to watch tomorrow would be intel to see if that coming after xilinx takes steam out of the semiconductor group and it is up 1% on a wildly, higher than expected eps number reenforces the idea that the eps quarter to quarter for amazon is almost an accidental residual number and they didn't intend to earn as much as they did in a weird way. >> what do they need to say on the call to make the stock keep working. it is so widely owned and it is right back near the highs. >> they need to be optimistic that the investment cycle that they're always in is going to lead directly to something fruitful they'll have more of a quarter of a trillion dollars in revenue this year. it's a very good story. >> 40% of aws and that's the more expectation it's more of the same if we remain in the same kind of market that covets growth. >> to its point, nvidia is down 2% following the intel decline overall, the markets finishe

amazon echo brings you the stormy cities. >>> good morning. i'm abc 7 news meteorologist mike nicco.hat warm, sunny spring day with calm conditons that you've been wanting all throughout the winter is here. it will be briefly back to average this weekend and another surge of above average warmth next week. mid-60s along the coast in san francisco, low to mid-70s around the bay, mid-70s inland. we'll have upper to lower 50s tonight with >>> you checking the weather? >> you never know with the weather. >> we'll be right back. >>> >>> you checking the weather? >> you never know with the weather. >> we'll be right back. gentleman corey is living with metastatic breast cancer, which is breast cancer that has spread to other parts of her body. she's also taking prescription ibrance with an aromatase inhibitor, which is for postmenopausal women with hormone receptor-positive her2- metastatic breast cancer as the first hormonal based therapy. ibrance plus letrozole was significantly more effective at delaying disease progression versus letrozole. patients taking ibrance can develop low white

actually going on >> we should note the 3m ceo mike roman will be on "mad money" on monday at 6:00 p.m. eastern time check out some of the big movers amazon is jumping right now. it is actually down by .4% starbucks hitting an after-hours high and intel is getting crushed and we'll bring you the latest, and pinterest soaring 50% just last week and the rally says it's just getting started and he'll be here since his first interview since the public debut. much more fast coming up ahead you should be mad your neighbor always wants to hang out. and you should be mad your smart fridge is unnecessarily complicated. but you're not mad, because you have e*trade which isn't complicated. their tools make trading quicker and simpler. so you can take on the markets with confidence. don't get mad. get e*trade and start trading today. don't get mad. let's talk about thisd when we meet next week. edward jones came to manage a trillion dollars in assets under care by focusing our mind on whatever's on yours. >>> welcome back to "fast money. as the tech unicorn stampede continues, pinterest is soaring more than 50% since its ipo. joining us now is one of

amazon? a new program that can have packages dropped off in your garage. >>> let's check in with mike mibachng up. >> good morning. coming up in the next hour, an attempted tax on sodas and sugary drinks have been put off for at least another year. >>> and a legal victory for people with all of the parking tickets. coming up, we will tell you why an age old parking enforcement practice is being called unconstitutional. we'll be right back after the break. break. ♪ ♪ with the chase mobile app, jason wu could pay practically anyone, at any bank, all while putting on a runway show for new york fashion week. ♪ ♪ he could. or, he could make it even easier - and set up recurring payments to his neighbor. for cat sitting. (meow) whoa. you've groomed her, too. (cell phone vibrating) and now she's ready for the catwalk. life, lived jason's way. chase. make more of what's yours. "said alice.nd curiouser," "the rabbit-hole went straight on like a tunnel for some way." "i've seen a cat without a gri, but a grin without a cat." hey, mercedes, end audio. change lighting to soft blue. the completely reimag

mike in a lot of other places has painfully demonstrated that. our business follows run distribution. television channels, next -- channels netflix, hulu, , amazon are paying for video content. and that is among the things we think about. we have had one of her stories as being auctioned for a tv series and another one being shopped as a documentary for someplace. those are ways in which you can creatively finance further investment in journalism. question and the last i think is a wonderful 12 end -- one to end on. in a very sincere question from our most cherished community of berkeley which is our students. what kind of student or student of journalism beeped to be prepared of the future of news to bring? how can we both leaders and co-conspirators in her mission? that is a great question. i think the thing that basically at quartz we are looking for a journalist which may be one way to answer. we look at our journalist, do they have relevant experience about what we'd be looking to do. and the fundamental thing for me, when i'm interviewing journalists who are coming to work at quartz, the fundamental thing i look for is this a -- for is is

amazon is doing that. really they are the first and last word of bookselling. i never see any coverage of that. is that the latest that jeff bezos owns "the washington post" question mike> you mentioned twitter and others banning choices that deviate from really from the party doctrine. t, p. the party. it is very orwellian. it should be disturbing to the people in that room, but they don't stand for the first amendment. they don't stand for freedom of speech or the press or for any of it. sometimes they kick their feet if somebody gets in their way when they are barging through a doorway, but that's about it. it is all self-interest. and it's about the party. let's face it. >> tucker: but we need someone to stand up for actual speech, which really is under attack. >> i do it on my shelf, and you do it on your show. it really is under threat. i grew up in a media household. and i believed in the first amendment and in journalism. i really believed in facts. i believe in the truth. it's a crazy idea. and the lives that we are being fed on a daily basis are truly an outrage. these are the people that are tube feeding it to us. you listed a few, there are many more. cnn h

amazon stock. we'll talk about all of that but first joining us is stephanie link, portfolio manager. and mike of gains puts us not too far away from record highs. what is driving the momentum >> there is a steady kind of quiet underlying bid i wouldn't say it is outright strength buying frenzy literally this is the is second day in the row the s&p is up exactly 2.1%, day before that, almost perfect 34ri flat so you ha so almost a three day win streak and when the market has been a little overbought and getting a little stretched and it doesn't really pull back, on a net basis you'd have to give the benefit of the doubt and say is that positive within the market, today you had a lot of the really super hot software stocks driving the nasdaq, they backed off and older economy stocks picked up so it seemed like internal rotation that neithered out to a very slightly positive index day. >> dow was flattened by a couple individual movers. a little more value over growth? >> a lot more value over growth. and the last couple weeks we've seen that. march was much more defensive and much more growth o

and that weird question at the end about the amazon hq from the representative from missouri not sure -- not sure why he's interested but jamie dimon and mike corbat didn't have anything to say about it. >> as we're talking lloyd blankfein tweeted, an article from the new york post about this very hearing and says, boy, i really miss my old job >> lloyd does like his ability to unrelated tweeting. get something feedback but i want to go back to the top of that hearing, guys. seven ceos of the nation's biggest banks brought together again for the first time in a decade pretty amazing sight to see them there. in her opening remarks, chair maxine waters listed the amount of fines the banks have paid in the last decade, in the way in which it had been dwarfed by the profits they had made. when it came to her specific questioning, the topic of whether the banks are too big to manage came up and she asked if they cut business lines and if that made it easier for the banks then to be managed. >> mr. dimon, what about you have you eliminated any business lines? >> every year we look at all of the hobbies and small businesses and things that cause p

amazon's stock goes to 2500. you should always want to talk to -- >> some editorializing on the part of mike --?wasn't perfectly objective. >> deirdre, thank you very much for that we're going to continue the discussion now the rise in wearables pointing potentially to the end of smartphones. sam shung just warned of impact. 14% decline. let's bring in ed lee from the "new york times" and a cnbc contributor. ed, smartphones in general, that's not new that we've seen the replacement cycle extended and growth in developed markets is certainly not growing as quickly as it was. >> we've seen shipments decline quarter over quarter the last few quarters samsung bore the brunt of that partly because they were in the lead in terms of volume. right? so they were sort of at the head of everything. apple was close ibehind in term of where they were now we're seeing maturing in markets like the u.s., europe. and as asia rises and other markets rise they're going tore cheaper phones and that's not what apple or samsung is known for >> well, samsung has a big fleet of phones. >> huge fleet. exactly. big range