guys, back over to you >> deirdre bosa in vegas deirdre, thank you for that. >>> let's get back to headquarters and get the european close with seema mody >> stocks mostly higher in europe, but modest ahead o thursday's ecb policy meeting. spain is on the rise, offsetting worries about the country's current political situation. also point out italy is getting a lift from the likes of fiat chrysler the automaker's quarterly operating profit jumping 17%, helped by strong performance in north america and improvement in europe and latin america that stock up 5% also in italy is uni credit. it accidently released earnings due out next month the bank, which is in the midst of a big turn around plan, reporting an increase in third quarter net profit as it experienced lower loan losses. unicredit up 27% year to date, so a big move here for the troubled banking lender in italy. let's move to tech, ams surging today at more than 20% the chip maker posting a 79% jump in third quarter sales and issuing an upbeat outlook, forecasting very strong sequential sales growth. and if we take a look at pharma, nova

back to you. >> thank you, deirdre bosa in san francisco.pite companies like lyft and airbnb attempting to disrupt the travel space, those companies are at an all-time high. hilton up 51%. gm, an investor in lyft, up 42%. despite the rise of the sharing economy, are these stocks undisruptable? >> look, the hotels in general are. the millennials, the way they spend has seen a massive shift marriott is a company that's been doing extremely well. for me, they're structurally intact travel versus buying items or buying, you know, different shopping trends. >> for airbnb? >> airbnb has had a gun to its head, if you look at new york city, you can't stay at a bnb, there's been restrictions. travel, staying at a higher end destination for a lot of these people is an important part of their lifestyle. >> i would rather stay at a, i don't know, name the motel chain, than an airbnb. >> i've stayed at two airbnbs this year on family vacations, it's been seamless, it's amazing. i struggle at the idea of staying at a marriott in london, i stayed at an air

but, what about the cities that do not want amazon coming into town deirdre bosa >> reporter: here is a few examples san antonio's mayor says they do not meet san jose says canadian officials have not in the business of offering bribes. a lot of the backlash had to do with amazon's request for quote, "business friendly environment and tax structure. it is interesting when you consider it has not received any incentives from the state of washington or the city of seattle. of course, its first hometown of the impact of its growth have been enormous. we are standing right now by downtown seattle amazon owns and occupied to the left of me it opens in 2018 behind me is a massive development site that amazon is developing as well its growth haves come with a lot of benefits in terms of jobs and investments for the city we spoke to seattle members and they have seen another side of this >> we were lucky enough to purchase just as the market was picking backup we certainly have friends who have struggled >> i know a lot of people are struggling to find an affordable place to live in which is

deirdre bosa is all over amazon's results for us. josh lipton covering alphabet. jon fortt is covering microsoft. deirdre, let's kick things off with you. >> amazon shares surging more than 13% last time i looked above the 1,100 mark to all-time highs bringing year to date gains to 45% and'sly taking its market cap over the half a trillion dollar mark less investors, as usual, willing to accept lumpy profits especially as more consumers enter the amazon ecosystem subscription revenue including prime membership signups grew nearly 60% in in the quarter and its profit engine, aws, saw its profit margin expand that may be the riskier bets amazon is making in unproven businesses like groceries, hardware and content look like short-term pain for long--term gain during the quarter, amazon closed its whole foods acquisition, contributed $1.3 million to revenue and first time amazon broke up physical store sales with cfo telling analysts during the call that expansion into brick and mortar is on the way. to top it off, guys, amazon gave upbeat guidance going into the all-i

>>> our own deirdre bosa is at money 2020 right now with even more news starting in november, amazon der takeout from local restaurants directly from the amazon app. it's all about apps. deirdre is joined exclusively by the vice president of amazon pay patrick gauthier deirdre, take it away. >> reporter: that's right, thank you very much. patrick, thanks for being with us today. >> my pleasure. >> reporter: news of the morning, expanding amazon pay in the real world order within the app, don't have to use cash, credit, debit card when you get to the restaurant my question, are we going to see this program expand beyond restaurants perhaps to other retailers? >> of course as a matter of fact, amazon pay is not a particular type of use case, it's about enabling the amazon customer to use their amazon account and amazon information to get what they love wherever they can find it so, of course, we're going to expand that to different kind of in-store examples. announcements we made today with clover is, of course, one we're very excited about because of the growth of order ahead, but it b