for me it's amazon next thursday this is something we've been talking about for a while and while you were away and one of the things we talked about collectively is how well amazon was trading and amazon's rallied 50% from the load we made seemingly a month ago. we'll see if it bores out and i think you own it into earnings on thursday. you pull the rip cord ahead and you look to re-enter the position at 2170 which if you recall was the high we topped out in february. that's how i'm looking at it, and that's how i think you trade amazon next week.

to smear a worker is an incompetent the phone so what did this worker do to draw that wrath of amazon well he wanted to form a union tonight we'll tell you about amazon smear campaign against this worker in their fight to prevent unions in their company also tonight capitol hill is introducing legislation to stop companies from price gouging essential goods during the pandemic later in the show a popular herbicide has now been linked to serious permanent health consequences including parkinson's disease we'll talk about the emerging lawsuits against the manufacturers don't go anywhere america's lawyer starts right now. and amazon worker recently learned that the entire company was planning on launching a smear campaign against him in the media after he tried to form a union join me to talk about this is fair and because an editor of the trial lawyer magazine. no surprise here when i read this story i mean you almost it's laughable in the sense it looks like keystone cops here i mean lay this story out for as little bit well what happened was you had an amazon employee at a staten island wa

planning to smear a worker is incompetent the phone so what did this worker do to draw that wrath of amazon well he wanted to form a union tonight we'll tell you about amazon smear campaign against this worker in their fight to prevent unions in their company also tonight capitol hill is introducing legislation to stop companies from price gouging essential goods during the pandemic later in the show a popular herbicide has now been linked to serious permanent health consequences including parkinson's disease we'll talk about the emerging lawsuits against the manufacturers don't go anywhere america's lawyer starts right now. and amazon worker recently learned that the entire company was planning on launching a smear campaign against him in the media after he tried to form a union join me to talk about this is fair and because an editor of the trial lawyer magazine. it's no surprise you want to read this story i mean you almost it's laughable in the sense it looks like keystone cops here i mean lay the story out for as little bit well what happened was you had an amazon and.

federal reserve seems to be concerned about the safety of amazon as well amazon's shareholders that is they've been pushing the stock price higher and higher the combined net worth of the $500.00 richest people in the world has increased by 20 percent since its low on march 23rd in line musk bill gates warren buffett mark zuckerberg among others are the real winners of the pandemic meanwhile 22000000 americans are newly unemployed these billionaires are capitalizing on the coronavirus to capitalize in the expense of a workforce that capitalizing off human life is a life or death situation in. the way these policies are made your work or your workers on the front lines have to continue to go to work in order to pay their bills or stay home and be unpaid it is not it's not right it's not fair it's blood money that's what i call the money that's been made by the billionaires for the entire time dependent is in this country are of even all around the globe is blood money this is greed is nothing more than just greed in the they should have been using this money to help out the medical fiel

so what did this worker do to draw that wrath of amazon well he wanted to form a union tonight we'll tell you about amazon smear campaign against this worker in their fight to prevent unions in their company also tonight capitol hill is introducing legislation to stop companies from price gouging essential goods during the pandemic later in the show a popular of a side has now been linked to serious permanent health consequences including parkinson's disease we'll talk about the emerging lawsuits against the manufacturers don't go anywhere america's lawyer starts right now. and amazon worker recently learned that the entire company was planning on launching a smear campaign against him in the media after he tried to form a union join me to talk about this is fair and because an editor of the trial lawyer magazine. no surprise here when i read this story i mean you almost it's laughable in the sense it looks like keystone cops here i mean lay this story out for as little bit well what happened was you had an amazon employee at a staten island warehouse christian smalls and he had been

planning to smear a worker is an incompetent before so what did this worker do to draw that wrath of amazon well he wanted to form a union tonight we'll tell you about amazon smear campaign against this worker in their fight to prevent unions in their company also tonight capitol hill is introducing legislation to stop companies from price gouging essential goods during the pandemic later in the show a popular herbicide has now been linked to serious permanent health consequences including parkinson's disease we'll talk about the emerging lawsuits against the manufacturers don't go anywhere america's lawyer starts right now.

before the coronavirus what do we know about steps that amazon either has or has not taken. well look what we know this we know that in at least 10 amazon warehouses there have been people who were. in those warehouses who have contract id the coronavirus $1000.00 we know amazon in most cases according to worse has not notified warehouse employees instead says in between shifts they're going in and they're cleaning the warehouse areas that there was you know. 6 feet apart and that keeps everyone safe but we we've even. asked. a couple workers from wells where say that they are looking earning actions on their social media from faith or from local news or not from amazon management and as i said last week and i would reiterate it today it shows a lack of respect on the part of amazon to not be forthcoming with workers to not tell them what's going on in the midst of this crisis right now amazon is actually trying to hire 100000 new workers to come in and work inside of its warehouses because as i said this is a moment that requires a huge response and amazon you would think would

ali baba in the future and quote this was back in 20 but why are companies like amazon so focused on these cloud services. well because it's a massive new space and there's so much room and so you still consider the fact as you said that alibaba and amazon are essentially the same company in terms of being these online retailers where you go in there and your you buy stuff online have a sense your home what's interesting about these companies is they have very similar trajectories in these other spaces they want to involve themselves in the difference between amazon amazon an hourly bob is that alibaba is primarily has its strength in obviously asian markets and specifically in china the number one market place in china and was on globally is larger in this space and certainly globally larger in terms of cloud computing but that's where alibaba sees an opportunity so they're saying this is a $100000000000.00 opportunity just in china itself to take over all that cloud computing because what they're seeing is the move from so many companies to move over to these kinds of businesses that competition where things

amazon a to the u.s. and become now to that company. well you know and that's and that's kind of the whole point here amazon obviously is a massive company doing a lot of different things 8 of us amazon web services is its cloud service and the cloud company and essentially amazon seasoning just a minute's amount of profit coming from this i want to do some numbers here so get this amazon web services right is the cloud because it brought in cells of 8380000000 dollars just in the june quarter of last year of $21000.00 that's $8380000000.00 but at the same time either of us accounts for 60 percent of the total operating profit for all of amazon so 60 percent of that company's and higher profit is coming from just it's cloud computing not from the stuff that you're ordering online and you would think the opposite actually here so i'm sure that ben ali baba really is giving amazon and microsoft as well a run for their money we'll see how well they do but they seem to be looking like they're pretty prepared for this boom bust co-host and so on

a fired up bill priest with us. , faangget right to it stocks has done well and amazon has done well. do you use your cash flow analysis across microsoft, apple, amazon and the rest? the biggest holding in our bonds is microsoft by far. it's the single biggest holding of the firm and they benefit from two things. the cloud is continuing to expand and they are a major ander along with amazon aws we think that will continue. for physical labor -- nothing will stop that. you have to wonder who the beneficiaries are. amazon. facebook and google to some extent, they have other issues. amazon and microsoft are big beneficiaries. profitability of amazon is understated. when you look at amazon, they have just begun to break out aws which is their cloud service. ofy have reached five years public data for aws. , ands been around longer it would be interesting to see what would happen if they took aws public. theink aws is worth half price of the stock today so it would be interesting. i don't think they would do it, theit is interesting that value of aws independent of the online business, i t

quarter,bviously this amazon is well-positioned from its e-commerce business. always hear a lot of noise about things like this, health is whose and show on -- health issues and so on. i think the company has done a good job navigating those. i would view those as headline risk as opposed to having any major impact in terms of this quarter, which is that they are probably going to beat expectations based on the guidance they provided last time. we know that there is a major spike in e-commerce volumes. the prime membership should benefit significantly from and forgetfinement, the amazon web services, which should be a major for sherry of this transition, as we saw from microsoft's cloud business yesterday. there's a lot of powerful headwinds that should really bode well for the q1 results for amazon. vonnie: right. amazon seems to be in the winning camp in many of these niches. overall, we have seen several media stocks already report. who will be the winners, and who will be the losers? tuna: that's a great question. we just got out of the comcast earnings cal

one for me disney, my charitable trust owns, didn't, but wish to own it eventually i think amazon will do well, but right now, amazon is a little too high walmart is up today. this is part of the barbell i say you have to own coming out so i balance what you have to own coming out versus what you can own right now because i think the loan-only people should be intrigued by ring central, by cloud flare. i think that bristol and myers works. johnson & johnson. i like mondelez, they're doing a pretty good job, except for the gum business i sure don't like most of the market and i want to make the point that the stocks that are up on the wall are stocks that are intriguing, not necessarily intriguing today, but they're intriguing >> how long do you think you would have to wait, jim, before the no-touchers start to enter back into the conversation >> we've had some people come on the show in the last couple of weeks and buy some of the no-touchers on your list, whether they're travel-related or otherwise, suggesting that the prices had come down so much and there is going to be another side to this

to go deeper into the ticket of reporter and boom bust co-host ben swan ben why is amazon taking the step right now. well look amazon would say that they're doing this because they need to protect their workers and look out for them in terms of the covert 19 and prevent it spread right by instituting really by an incredible use of force social distancing guidelines they're not even rules they refer to them as rules are not rules or guidelines but amazon says if you violate them will fire you but the real reason i think amazon is doing this remember sarah is that it was just what last week that we saw amazon make headlines for firing a warehouse worker in stanton island new york as it was chris smalls and chris moyles remember this this guy organized a walkout saying that amazon was not protecting workers amazon fired him and then said oh it had nothing to do with that that walkout that he organized even though they fired him the same day they say it was because he was violating the social distancing rules and then read to you the statement that amazon has made about this they said quote we had some insta

the american shopping mall has been dying for years because of the amazon effect. welland not just nieman marcus. we're going to see a lot of retailers really in pain. here is a quick snapshot. today i spoke to howard schultz, co-founder of starbucks. he said if this happened in 1987 when they started in the coffee business, they had 11 stores and 100 employees. given the programs the government have offered thus far, they wouldn't have made it through. starbucks is an institution. lots of our businesses in this country work on very thin margins. they just don't have cash. so as we're shut down right now indefinitely, or even if we open up in fits and starts, you're not going to see these businesses come back in a robust way. and given the amount of support that we've given, at least for small businesses, you're going to have a bad situation. >> you know, i keep one of the places we've been touching on today is las vegas. and i've been trying to figure out the casino industry in general between the lack of sports around the world. so the entire gaming industry. and this

well. microsoft, alphabet, amazon. and that's true for you as well, dave how long can amazon remain the consensus favorite and continue to outperform in an environment like this. >> well, i think it has some room to go we're a little bit cautious there. it's getting so big in the portfolio. maybe ministryi intrimming make at 100 p\e right now, we still see upside everybody is still shopping online, and you cannot buy but the essentials in a lot of these states that are locked down, which is all across america and just extended by governor cuomo. we think this is a good position to hold in amazon and happy to have it. we do not see downside surprises here and that's what we try to avoid. >> you say you don't see downside surprises for amazon, but do you have a view, dave, on the stock market overall and where the economy the going here have we been too quick to rebound off the lows >> well, absolutely, we have a view and the reality is, you compare this to history, there's a couple of things that are for you and a couple

for me it's amazon next thursday this is something we've been talking about for a while and while you were away and one of the things we talked about collectively is how well amazon was trading and amazon's rallied 50% from the load we made seemingly a month ago. we'll see if it bores out and i think you own it into earnings on thursday. you pull the rip cord ahead and you look to re-enter the position at 2170 which if you recall was the high we topped out in february. that's how i'm looking at it, and that's how i think you trade amazon next week. >> amazon is a microcosm, tim, if you will, of the trends going on right now in this pandemic when we have the work from home trend with aws we have the lower mix when it comes to amazon grocery deliveries and the potential boom with e-commerce >> yeah. in terms of what's happening going into covid and what's coming out of it and they'll be the best operator and they've been not only taking market share and they've been building infrastructure and we know that they've had incremental workers after furloughing some and the net going stronger into this i think google is interesting because of the potential sensiti

will we see the same for amazon as well? matt: i think so. g is free money for amazon once they turned this business on. being at the top of search results on amazon.com is lucrative for them. notle expect that to be hit only from the economic slowdown, if people who buy an ad -- you have nothing to sell because you are out of inventory, you will get pushed way down the rankings. how about aws? could that be the bright spot, or with companies suffering as a result of the economic crisis, are they not going to be able to pay up for that? matt: microsoft's results are a clue. they are running second to amazon. this makes the better case for cloud computing power. we might see midsize businesses pullback because they don't have the cash right now to do the cloud computing shift. they might have had plans, but now they have bigger issues like making payroll. emily: amazon got an exclusive deal with the nfl to stream its live games, on top of twitch, which amazon owns. matt: amazon is desperate for live sports content. they are making a push for en

what exactly is this morning and what does it mean for amazon here in france. . well actually the jude held a previous ruling which said that amazon needsds to limt the amount of activity in its warehouses.. until developed and more stringent safety measures with unions and- s. holdings that ruling would choose life changes that reduce your our first event of the first one. is that amazon warehouses now will be operations sell a larger list of products and it is growing so i just grocery products- i asked- hygiene acactually offer tecech product. thank the well part of that i'm condition is that the judge actually decrease the penalty noncompliance. billion euros one million years me nasa a high thousand euros. violation so that's changed out of the question of course is how am i going to respond as we thought in response for that first court ruling earlier this month and- the thing that really was o complicacated for the f follow up i. it would be too expensive. it broke that prevent that. by planning to close its- things warehouses across. out of questions how's it

well moving forward. haidi: you continue to be optimistic on amazon going into earnings?s is not just a quarantine, self-isolation pandemic story. real structural changes being made to consumer behavior? carol: absolutely. i think amazon as i felt for a long time is really that ge of this generation. put amazon in your children's college fund account and you will not be sorry because we are talking about robotics developments. we are talking about the fact that the stay-at-home is probably not the last pandemic, it is the first pandemic. there's going to be a shift to much more distance-learning. everything that amazon does well, from the cloud to deliveries, will continue to do well going forward. they have enough money and firepower to capitalizeand buy competitors at this time, invest in new technologies. i just see them as a continued market leader. will there be a dip after this earnings? probably, there always is. but if you were looking out six months, nine months, two years, you will not be sorry you bought this stock. there is nothing to stop this juggernaut righ

chinese amazon doing incredibly well here. and the stock refuses to quit. china is open for business but people are still wary, so they're going to ali baba. i hope they stop going to wet markets. it's the only chinese stock i'm recommending there are a bunch of other names, too i like chewy, the pet food online same thing with peloton, although my wife still has the clothes still hanging on it. she moved out to the hamptons a long time ago. and the cybersecurity companies have become a lot more company in a world where people are working from the less secure computers at home as we know from the zoom bombing. here's three i like. acta, z-scale, a favorite of heather gaines, who is in the control room tonight, and crowd strike maybe i'll put an acronym together maybe go to @ jim cramer on twitter and make up not an akry anymore like f.a.n.g. and everybody stole, but i promise to have it by monday because i got a lot of time to kill because there's nothing to do. bottom line, rule number one, stick with the winners and leave the raggedy rest to the others ki

this concert have a similar legacy well i think that the reality is it's been see $120.00 countries around the world it was broadcast on facebook twitter you tube amazon google and. all around well it also in order to make broadcasters around the world so who knows what legacy it will leave but we just want to make a humble contribution to support the frontline community how it works. it's a tough question when you are in the mode of being a proud father no doubt but could you pick one highlight of the event for yourself . well i honestly i couldn't believe it when the rolling stones sent us the rushes their performance from their kitchen and from their bedrooms and from your living rooms that was amazing. i wanted to work with mick jagger for a long time and when he and funny and a whole team came together he bridges also they were a part of it i was like my goodness that was really really spectacular room and utterly beautiful that it was hugh haven't co-founder of global citizen congratulations and thank you very much thank you for releasing what we really appreciate. the football now and the players and coaches of italian so i have agreed to go wi

we saw that amazon was well-positioned during this pandemic.ey are being pressured by logistics, improving deliveries, how big is the cost here, and when will they be able to offset this? daniel: you are exactly right. the biggest issue coming into the amazon report is, we know the past quarters that overall expense associated with fulfillment and shipping have been rising at a pace much greater than that of their sales growth. for example, this quarter we saw fulfillment costs rise 34% year-over-year, and shipping costs were up 49%, compared to sales growth of about 26%. if you think about all these run members paying $119 -- all these $119 to gets paying shipping, and all the usage of amazon over the past month, you can imagine how that has eroded some of their costs, and we saw that in the past quarter, again. fulfillment and shipping costs continue to rise faster than sales growth. what about their ad business? there really rely on third-party sales. we have seen with twitter today that, although they were doing well, their ad tales outlook

best to stay inside, but we still need to go get groceries and still often depend on those amazon deliveries as wello how can you avoid bringing the virus at home via shopping bags and packages >> reporter: from a market in new york city. >> right now we've given masks and gloves to all our employees. over 150 employees >> they walked up to the store and they greeted you and they ear wiping off your hand cart. >> wiping the virus from shopping carts to the checkout counter. health professionals recommend buying two weeks of groceries at a time but what do you do when you get home >> when you go out to get your groceries and you bring them home, try not to bring them into your house until you absolutely need them. >> reporter: he took his advice online on a video that's gotten wide play. the cdc says the virus can remain air born for two to three hours its can remain on cardboard and plastic and stainless steel for two to three days when you bring groceries inside divide your counter tops into sterile and nonsterile sides then wipe everything off from the plastic bags to milk jugs to hand goods >> i'

mid-march, with just an incredible move and we actually, i think, collectively spoke about how well amazon was trading in the wake of what was a miserable broader market back then to answer your question, i think amazon reports on or about next wednesday or thursday. i mean, i would -- if you were trading the stock here i think you absolutely have to take profits ahead of earnings and look for a test back to the 2170 level which, if you recall, was the previous all-time high so a great run probably justified i can't, for the life of me figure out the scenario where they blow earnings out that this will continue so i would suggest taking profits in earnings next week >> karen finerman. guy says if you own it, you should think about taking profits. do you own it? and would you take profits >> no, i do not. i never got comfortable with the valuation which was a mistake everywhere along the way i thought the piece, though, was interesting. j.p. morgan and amazon, and i think the revenues will be gigantic and also the costs will be gigantic and the $2 raises for their workers' overtime and i th

sense to our help is not as essential as they want us to be and just not fair and this is not right well amazon insists it fired chris smalls after he did not instructions to stay home for 14 days of the coming to coincide with a colleague who tested positive but he claims it's more about amazon's bottom line . notice that i was causing an uproar a steady niland building that's one of the largest buildings in the tri state area holds about 5000 people that's a lot of money that they make in their building a lot of money i'm effect in that i'm effect in the business by speaking out so they got rid of me probably to silence me to terminate me to stop the movement but i see empowered me so they motivated me even more and i'm going to continue to fight like i said we're going to do it day won't do it we'll go go go above the head and we'll go to city hall. and we'll fight with the government so the government steps in and shut the building down we're reporting worldwide as countries talk of a pandemic on the way for you the debate across america as to what should be considered essential surgery as

well amazon is looking to hire a 100,000 people for its fulfillment centers and delivery network. job seekers need to think abouhow skilled they have are transferable says adecco shawn kelley, soou could have somebody that might be a stock not working right now, but they may begreat in a grocery store doing some stocking so think about wh skills you th you might not have le all ought about before dollar general is looking to hire 50,0 ployees by the end of ril walgreens says it's hiring 25,000 people for both full and part-time bs. >>and the u.s.postal service says it is looking to add 10 jobs here in the bay area alone. >>safeway tget costco the listgoes on. it's also a good time to consider what recruiters call ups if i'm a chance you are home and a >>take this oportunity to upskill yourselves and go on our agency adecco we offer virtual training for all right tackle acady. you can go on and take courses for it so that its and when you get at is that job market you have additional skill set that you can offer your employers. >>health care obviously so hiring cvs heal looking at

well amazon is looking tohire a 100,000 people for its fulfillment centers and devery network. job seekers need to think about how skilledthey have are transferable says adecco shawn kelley, so you could have mebody that might bea stock or in a warehouse that it's not working right now, but they may be great in a grocery store doing some stocking so think about what skills you have that are transferable all that you might t have thought about before dollar general looking to hire 50,000 employees by thend of april walgreens ys it's hiring 25,000 people forboth full and part-time jobs. >>and the u.s. postal service says it is looking to add 10 jobs here in the bay area alone. >>safeway target costco the list goes on. it's also good time to consider what recruiters call ups if i'm a chance you are home and ah. >>take this opportity to upskill yourselves and go on our agency adecco we offer virtual training r all right tackle academy. you can go on and take courses for it so that its and when you get at is that job market you have additional skill set at you can offer your employe

the ai—embedded, voice—activated device can run amazon alexa, as well as other voice platforms such as power, that enable us to do a lot of very, very complex calculations in order to bring data from multiple sources in real time, so the robot can understand how the environment looks like, how the user looks like, and specifically for the corona situation, this is what you need. naturally, there are regulatory and practical issues as to how easy it would be to implement this kind of tech around the world and, of course, a robot is never going to replace human interaction. but right now, we need all the help we can get. help is also at hand from this robotic arm, designed by researchers at china's tsinghua university. the wheeled device treats patients on behalf of medical staff, too. it can be controlled remotely from anywhere in the world, performing typically close—contact tasks such as ultrasounds and mouth swabs, as well as listening in to organs without the need for a stethoscope. robots do not have to be high—tech to be handy, though. school students in taiwan have used lego to b

well returning to our report on the coronavirus and indigenous communities in the amazon by mathias he joins us from rio de janeiro. is that the best for indigenous people of the amazon to fully cut themselves off like so many of us have but in this case we're treating them further into remoteness to avoid getting ill yes it's definitely the best way for them to protect and to isolate themselves deep into the jungle the indigenous people him brazil they have a weak immune system than the normal brazilians and they have less antibodies and if we look into history into the seventy's there was a mass extinction of indigenous tribes in brazil due to flus and influence us. brought by illegal loggers and miners in these times it was the era of the military did it military dictatorship who constructed the generals constructed roads highways and brought infrastructure to this region and the indigenous people did not so far forget the. what about bringing health services to these communities though if they do push further into the jungle. the health service is really poor for them they have a l

purchasing amazon products as well as purchasing products through third-party sellers which amazon sets the rules for them and they are free to set the pricing that they want to do and they have to keep it within a certain constraint, but we saw this a month ago with certain products. you wanted to try and buy a face mask, if you wanted to buy hand sanitizer and things like that, they were selling for upwards of $100 for just a little 8-ounce bottle of hand sanitizer. so definitely, still some shenanigans going on. let's hope this was early on in the crisis and that amazon will get this figured out. >> bill: we don't need that. quickly, there's an allegation that amazon is using third-party data to go ahead and make products that compete against the products they already sell. what's happening? >> when you think about this, they are in the best position. not only are they a retailer, but there also a manufacturer that makes generic products. so if you are selling batteries, if you are selling seat cushions or t-shirts or something that can be easily manufactured, amazon is going to know

raising its share buyback program by $50 billion and lower by 1.5% suspending guidance amazon missed the revenue and was welltes. jeff bezos writing if you're a shareholders in amazon you may want to take a seat discussing spending in the upcoming profit on covid-related investments, also giving some strong double-digit sales growth. gilead and amgen both beating on the top and bottom lines and united airlines after a mixed quarter and a liquidity update they're 9.6 billion in total liquidity with an expected daily cash burn of 40 to $45 million mike santoli, take your pick as we go into the conference calls and what you'll be listening for. >> i mean, the mega-cap tech stocks don't owe anybody at this stage and you are seeing a sell the news response in apple and maybe it does come along with the overall market seeming that it's at a culmination point for this rally in the short term and it doesn't steeem to have chang the overall picture and we saw the average stock and the s&p exchange-traded funds, and it's all about figuring out that this is going to be a pause or something of a sharper pullback if we g

so i'll stay at home companies such as netflix and amazon did well today travel company shopping mall owners and other businesses they got hammered after widespread stay at home orders locked away their customers. also reported some losses. the price of oil swung wildly again as concerns remain about crashing demand and a lack of storage space. >>that's an unsettling trend emerging during this pandemic people using the virus to get away with crimes we hear from the fbi after the break. >>hillary clinton endorses joe biden for president we're going hear from the former secretary of state on how she for over 80 years, nissan has been with you through thick and thin, and now is no different. we're offering payment options for current owners. ♪ our service departments are here to help. and now we're offering more help. no payments for three months. plus, we'll cover your payments for up to two additional months. this is help when you need it. >>and the first woman to become a major party's presidential nominee endorsed joe biden's a white house bid today. clinton was biden special guest o