deren: i don't think it is one quarter but it does not concern me.hat you have seen is amazon prove to the market they could drive profitability. they pulled unprofitable products, they emphasized aws. when you have seen in 2019 is that increased spending on the things that will drive more customers to you is amazon all over the place. one-day shipping, getting products back on the shelf. so i think what you are going to see over time is their strategy is world domination. anywhere you can buy a product, want to online, they offer that to you and they will figure out how to monetize it in other ways, advertising, aws. taylor: and is market share dominance the right strategy? even though it is not translate into the bottom line? guest: i mean, they have proven it works. if they want it to work, it will work. at the same time, with aws specifically, there are concerns about growth slowing. it is a number of 36 billion. they are market share leaders in infrastructure services. so that adjustment needs to be happening in terms of what the expectations ar

that was jumpshot ceo deren baker.tter said there were 210 million daily active users of its photo messaging app snapchat in the third quarter. shares of snap have more than doubled in value so far this year. a research analyst joined us right after the call. >> there was maybe a little bit of disappointment from shorter term investors with regards to being a bit of deceleration relative to q3. i feel like the company addressed it pretty well. this still viewed as a largely u.s.-centric story was very strong and they are adding more users in the rest of the world. there's a little bit of a lag, but it feels like they are getting the right pieces in place in regards to monetization. taylor: are you happy with the updated guidance you are getting from management? >> i think they are fabulous results. there has been a wall of worry with regards to user growth. the user numbers were fabulous for the quarter. outlook was very strong as well. and, i think when you talk to the company -- at this point, ownership has probably