. >> the growth in ecommerce has been so rapid, giv packages shipped, we estimate 60 million will be late. in stores to respond go to the fact that some more people are buying online are making these guarantees and do have policies in place to protect you. >> reporter: still have items on your wish list, do not fear some of the best deals are yet to come. this week and next are the best time to buy clothing or cash in your gift cards. and wait until january or the weekend before the super bowl for the best price on a tv. more chances to find that perfect gift long after santa is gone. jolene kent, nbc news, washington. >>> and we know christmas is barely ov barely over, but you may want to spend extra time taking down the tree. trees cause hundreds of fires. you probably remember this fire back in january of 2015 p annapolis couple and four of their grandchildren died when their tree ignited home. now the sister of to remind others how to keep their holidays safe. >> i don't want to see this happen to anyone else. three rules are water your tree every day, unplug overnight, because t

unbelievable wow, ecommerce so strong >> there's the opening bell. can see at the bottom of your screen, it's the emerging markets, internet, and ecommerce etf celebrating its third anniversary. at the ipo, lexinfintech holding. >> i'll tell you, one of the great themes out of china they want cleaner air, and that's one of the reasons alcoa has been up so much. smelting is a terrible thing for air if you don't do it right but have you noticed the china story has kind of faded as our economy grows? remember how we used to think, how's cummings do? check into china now if you want to know how cummings is doing, check into the u.s. positive story positive >> what part of the business do you check in on the u.s. with cummings >> for companies >> with cummings in particular or are you just talking about -- >> class "a" trucks demand off the charts again, that puts a lot of people to work. i know people at home are probably thinking, what a polyana. when class "a" trucks are doing badly, say, a lot of people should be laid off you can't have it both ways.

the largest ecommerce or largest growing ecommerce company in the world. probably do that on thursday that's all i got from shanghai. >> do you spend more time in the air or on the ground this trip >> the air is competing with the ground probably very similar. >> exactly andrew, want to thank richard. >> thanks for having me. >> "squawk on the street" is coming up right now. ♪ >> good tuesday morning, welcome to "squawk on the street." looking for modest lift for stocks at the open as the tax overhaul on capitol hill remains the key story for many investors, got global pmis in focus as well. europe is mixed and imm services heading our way in an hour and crude inventories not long after that new record at the open but the sell-off for tech stocks continues to weigh on the nasdaq and s&p. >> jack ma, the push to brick and mortar and why jeff bezos struggled in the chinese market. >>> a turning point for snap, a key 2018 outlook upgrade shares are up in the premarket. futures are pointing to a higher open after the record setting day for the dow and s&p off-

we launched with one retail store and an ecommerce side.hey said, that's absolutely the wrong way to do it. i think if you have conviction and go with your gut and really believe you're answering a need, that's when it works. >> don't enter it just because you want to exit it. do it because you really want to be in it. enter, not to exit. if you're not doing it for the right reasons and if you're not passionate about it, think twice. and we thought, okay, we can definitely check both boxes. before we raised a first round and turned entitle a company, we said, we truly enjoy doing it. that feedback from the community and everything that we do, that's fun. creating technology for an industry that is so big and there is nothing there. that's fun! and then the reason was never, let's do it and flip it and, you know, sell it. exactly the opposite. we felt like, oh, my goodness, is that a job? it's so much fun. >> i like having contact with people. i like having conversations. and that seems to come up over and over in my life. there's nothing th

overall the national retail federation said sales are set to be around $682 billion on the high end ecommercebe says making up $100 billion the mall opened here at about 8:00 a.m we were talking to shoppers. a lot of them eager to take advantage of deals bloomingdales, target about 70% off on thousands of items. best buy's discounting some computers by around $150 amazon has a ton of deals online as well. also to christmas of course fell on a monday this year so shoppers had an extra saturday called super saturday this past weekend. we don't quite know how it faired today the day after christmas set to be the fourth busiest of the season as you mentioned, not only are there great deals but a lot of people are coming in to return items. on average around 4% of the gifts people get are returned. millennials return a bit more. >> traffic looks pretty good there, kate. has it been like that all day? >> reporter: no. we've been here since before the mall opened. the doors opened at 8:00 a.m i'm not sure if people realized that the mall opened so early the day after christmas at 8:00 a.m. since 10:

sense to me that target would actually be doing this given how much inventory that goes out and ecommercehion that comes out of their stores. why hang onto this other customer base of shipt. >> that was a really big question what the answer was for both target and shipt when we spoke to both-of-them, they said it's because of the efficiency that you get from scale so that's what they are saying, they want to be able to hang onto retail partnerships to make this even better it seems to me that shipt really wanted that as part of this deal they just didn't want to let go of other retail partnerships they weren't fully ready to be just a target product. they are still going to operate out of birmingham, alabama, where they are they also have an office out of san francisco. all those employees stay put although the ceo and founder does report into the target. >> big day for alabama sounds like amazon prime with $100 membership and also like amazon's third party shipping and logistic operation continuing to work so interesting so speaking of amazon morgan stanley releasing bullish stock. the f

they handle 37% of the ecommerce market accounting for 850 million packages this holiday season. >> the internet has changed everything. we've seen a significant double digit increase for the last three or four years. >> they say they are already making adjustments to help them handle more packages like bigger trucks down the road. they want to make it as easy as possible to return an ugly sweater. >> until somebody figures out how to e-mail the ugly sweater, we'll deliver if and then return it -- it and then return it. >> the boxes are a problem too and some stores like u.p.s. say they'll take them back and repurpose them for you. ktvu fox 2 news. >>> amazon had a record- breaking christmas led in part by shoppers who snapped up tens of millions of echo devices worldwide. the top sellers were the eco dot and the fire tv stick with alexa voice remote. they wouldn't say exactly how many were sold, but since thanksgiving people overall have ordered more than a billion items from amazon. other holiday best sellers included former white house photographer pete souza's book "obama intimate p

close to 100% china is only about 2% to 3% of a ridiculously low amount considering to rise of china ecommerce the millions of people who are there sure, there have been periodic cli glitches for those who provide hardware for the cloud i wouldn't be surprised if many data center players are holding off on buying new hardware until they kick the tires of the vid chip amd with competing products, i think the opportunity is so immense here that there's room for all of these chip makers meanwhile, amd might be a little too much flash memory in the system how could there not be a slow down is what people are saying is the data center flash prices are coming down, right wrong. even if it wasn't trying to extrap lite from the hardware to the software side of the story may be a mistake after all of my canvassing, i come back and say that while there might be some speed bumps in cloud adoption, we're still very much at the beginning of a massive long-term shift. one that's growing faster than anything else in tech, which is why i like so much amazon and i like so much microsoft and i like so much alph

if you accept it, maybe i'll make a phone call, use ecommerce and send you some chocolate or flowers or send an uber to pick you up. that's what we're looking at down the road other. features that we're rolling into, a whole rollout. know what #tvt is? i saw a now. the age groups nodding, a certain age group nodded yes. it means throwback thursday. that means something old, something that -- like a picture from when you were a kid or whatever. we'll have -- put a in a throwback thursday apologies. it might be nixon for watergate and you listen to his apology and we all vote, i don't think so. reject. or you might think, like, thinking 30 years leader. a pretty good apology, or maybe somebody else doing something else. it's extraordinary. this is a figure that -- on social media, in april, we ran the analytics on social media in one 24/hour period, know how often people apologizedded or used the word sorry? over 475,000 times, last april. 475,000. so i thought, let's just have a little fun, and like let's look -- in fact here's what learn about myself, though. i wanted to populate so

many years into this still has a ways to go in terms of closing the gap around advertising dollars, ecommerceivity as well only about a quarter done through mobile devices that will continue to increase fast forward to machine learning, a lot of good opportunity going forward. you're seeing it now in existing products you clearly see it in things like google search results, facebook news feed very personalized recommendations that all this received i think going forward we'll see the next wave of that, which means more revenue generating products clearly we see that in some of the smart speaker devices including echos and what google is doing as well as google home. >> doug, you recently upgraded twitter as overweight and caused the stock to pop this week seems like earlier this year talked about this is a struggling company, a potential acquisition target is it still m&a target >> the case for twitter. we think the company has seep a lot of change over the last couple years really three key things i would point to. first we think the product is getting better we've seen that with the last 12

sales fell also and ecommerce by cuts meanturt to reduce costs and that's your flash.s >> breaking newsere from dow jones on disney. chairman haseo and said likely to extend his tenure past 2019. him through takes 2019. he's already extended his tenure three different times so this the fourth time potentially if we are to believe this report. shares,ook at disney's the move, it did get a little bit of a knee-jerk reaction here it'syou look at it, but still down by 1.4%. disney when we look at it has been in discussions according to our reporting and other reports bewell that it's going to looking to buy some assets from 21st century fox. >> a significant proportion and you have to wonder whether if indeed, this deal is going to take place whether someone who disney's business is necessary to remain part of this deal. >> what's interesting is the has reported in recent days that james murdoch who is one of top guys has been suggested successor.ial >> who knows. >> stranger things have happened. >> we'll continue to keep you that. on in the meantime, we get now to our stock of the hour, t

or largest growing ecommerce company in the world.rsday that's all i got from shanghai. >> do you spend more time in the air or on the ground this trip >> the air is competing with the ground probably very similar. >> exactly andrew, want to thank richard. >> thanks for having me. >> "squawk on the street" is coming up right now. ♪ >> good tuesday morning, welcome to "squawk on the street." looking for modest lift for stocks at the open as the tax overhaul on capitol hill remains the key story for many investors, got global pmis in focus as well. europe i

costco shares popping today on an earnings beat boosted by a surge in ecommerce sales >> these guys areoing it in spades top line, bottom line, same store sales up over 10%. gas over 8 virtually everybody comes out and reiterates or moves the targets. a great day to be a costco shareholder. >> the stock is down 4%. >> my big take away from this, oracle, a world class company in every respect. my big takeaway is just because you're in the cloud doesn't mean you're winning and it is becoming more and more competitive in the space and in any given quarter, any company might come out and have to put out news where, hey, things aren't as great i wouldn't be afraid of oracle as a result of it but just recognize, the cloud is not a free for all anymore tough. >> kate moore. the value factor >> that's right. a continuation of the conversation we've been having today about the potential rotation we see in the markets as a result of tax reform. more investors looking at value opportunities across all different sectors and trying to think about, who can rerate and who has a totally different earni

verizon out with new information on ecommerce data that i promise will surprise you.eror penguin migration. trekking a hundred miles inland to their breeding grounds. except for these two fellows. this time next year, we're gonna be sitting on an egg. i think we're getting close! make a u-turn... u-turn? recalculating... man, we are never gonna breed. just give it a second. you will arrive in 92 days. nah, nuh-uh. nope, nope, nope. you know who i'm gonna follow? my instincts. as long as gps can still get you lost, you can count on geico saving folks money. i'm breeding, man. fifteen minutes could save you fifteen percent or more on car insurance. >>> welcome back, everybody. some stocks to watch this morning. procter & gamble is adding nelson peltz to its board. this comes after a lengthy proxy fight between the activist investor and the consumer products giant procter & gamble said it shows peltz fell short of a majority but because he received shoch shareholder support he will be given a seat china's tencent and j.d..com will be investing $863 million vipshop up by

. >> the ecommerce website, wish, under fire for an ad selling tights.r her entire body. wish, which is second behind amazon in online mobile retail sales, does not make the tights or come up with the images. they're a third party telling the product. but people online are criticizing the company for the listing. hannah says, this is so wrong on so many molly posts, i love figuring out my size by how many skinny people can fit in my clothes. >> i don't get my whewhy people upset on this. should wish pull the ad from the site? 62% say yes. wish saying, the products listed on wish are sold by stores from all over the world and these stores are in charge of their own inventories. if you place an order with a specific store, you have an opportunity to contact that sco store directly for more information on the product. as of now, the plus-sized tights are available for purchase on the site for $2. >> that's a terrible marketing idea. i like molly. how many of me -- skinny people does it take for those? >> bad advertising. >>> coming up, the mom of the bullie

. >> the growth in ecommerce has been so know the protections they have when they buy things online.en that 2 billion packages are estimated to be shipped this year, we estimate that 60 million will be late in stores, responding because people are making the guarantees and do have policies and practices to protect you. >> reporter: still have items on your wish list? do not fear. this week and next are the best time to buy clothing or cash in the gift cards. and wait until january or the weekend before the super bowl, for the best price on a tv. more chances to find that perfect gift long after santa's gone. jo ling kent, nbc news, washington. >>> now, to something we showed you at the top of the show. dozens of people are being treated for injuries after a fireworks accident in cuba. it happened at a festival, where rival neighborhoods hold a fireworks competition. it draws thousands of officials are investigating what went wrong. but some of the rockets shot off in the wrong direction, exploding too close to the crowds. >>> dylan is back for a look at the rest of the country's fore

the best reviews is an ecommerce site, which means they select a small fee if you purchase a recommended but first, this is "today" on nbc. >> announcer: the citi concert series on "today" is proudly presented to you by citi. >> nick jonas is a certified triple threat. actor, singer and song writer. >> also a good guy. he plays alongside kevin hart and dwayne johnson in "jumanji." >> he co-wrote this song on the "ferdinand" nominated for a global globe. you're doing press for "jumanji" over seas. your manager called me. >> my friend bang on my door and pulled me out of bed, put me on the phone with my manager. it is a dream come true to be recognized for anything. for me, songwriting is special. i wrote this song about my family. so it has even more meaning. >> when you wrote this song, sometimes you get a sense, like i think this might be a hit. did you have that thing inside you, that little thing that went off and said, maybe? >> i wish. the thing was, i wrote it specifically for "ferdinand," which comes out trorm aomorrow is amazing. my director gave me guidelines of what to write ab

we're seeing a lot of shifting going on and some of our fastest growth today is coming from ecommerceing is consumers are buying more and more products online, and walking away from the brick and mortar that's where our biggest growth is. >> total sales are up? >> all sales up, overall sales up u.s. sales up in the last quarter. and there's more and more consumption moving over to non-measured channels. >> what about the amazon acquisition of whole foods what impact are you seeing immediate thing we saw, they cut prices dramatically. >> i think, as i said -- listen, our business with whole foods is up single digits over the last couple years we saw declines within whole foods there's been a lot of centralized purchasing there's a lot of category management going on. amazon is bringing in a lot of content, a lot of good information coming out about the consumer we just had one of our best thanksgivings ever with both amazon and whole foods in regards to turkeys, and, you know, both amazon and whole foods and amazon was up double digit and whole foods was up single digits in regards to

. >> e-mail is the best roi for ecommerce and small business >> how do you measure fef effectivenessales >> they would have to click and buy it the last series, we made about $55 billion in revenue in sales. >> without giving away the secrets of the temple, how do you get paid >> there is no secrets it is the size of your database. we grow and our customers grow most of them feels like it is a proposition 8 ride of passage, they feel like they made it when they become paying customers >> we debated of the question of whether social media is leading us closer to the end of the world, tearing apart the quote, "social fabric." >> do you have a thought >> it probably us. >> ben chestnut. >> congratulations on your recognition as inc company of the year. why star wars merchandise is a force to be reckoned with. that's still ahead on "power lunch. >>> "star wars" has been a massive toy brand ever since the first film premiered in 1977 with the last jedi opening this weekend, disney is making a major merchandises push going light years beyond just those action figures julia boorstin is live

they're going to focus on their networks and infrastructure to try to preserve their margins as ecommerce grows. they make contributions to pension plans. >> you don't think they're going to increase because of tax. >> i think it will increase incrementally, but depending on how much more volume comes from the higher gdp >> gentlemen, happy holidays thank you for coming in. >>> coming up wihat the wealthy are getting ready to do for the new tax law. om berto pprptuys ull the trigger on the new loan. when "power lunch" continues of . with ingenuity, of . technologies, and markets expertise we create the possible. and when you do that, you don't chase the pace of tomorrow. you set it. nasdaq. rewrite tomorrow. ♪ ♪ ♪ ♪ what we do every night is like something out of a strange dream. except that the next morning... it all makes sense. fedex powers global commerce with vast, far-reaching networks... deep knowledge of industries... and, yes... maybe a little magic. ♪ >>> new data out on the housing market, diana out with the housing numbers. diana? >> big jump in new home sales. remember the ce

what do you do stuck paying those prices with the rice of ecommerce, that's not a tenable solution right? order it online. >> two questions how do you break through to a big business like tillmans and attract him to use you as opposed to, i don't know where you get your provisions. whether cisco, whoever, i don't know who the suppliers are. >> could be boxed after this. >> and unboxed. >> right. >> how do you break through and convince tillman >> and how do you have the purchasing power to be competitive? >> a really good question. over time i remember my first-ever meeting with big companies, most senior person i met was like the intern. maybe i can meet his boss? we found, you cover it all the time the consumer companiesacy well as retailers are under pressure to go digital. look at digital selling clorox wipes, oreo cookies. >> cleaning products >> not a lot of folks sell this stuff online at massive scale. pair that with our scale, massive. because it's limited skew. sell an item, we can sell 1.5 to 3.5 x that item even versus amazon we funnel everyone into a few products. >> a lot o

it is the ultimate ecommerce play, if you're looking for one on the backbone of e commerce, not amazonmate for sales, this is an impressive company, i think the stock can go up more than this this was agreat quarter. maybe their best maybe they are best quarter ever. >> meanwhile, in media, disney is leading the dow and discovery, david, leading the s&p, up almost 5%. >> discovery got a purchase by john malone, 350,000 shares. if you watched the whole thing, didn't use this on tv, much of it, went on for five minutes about the benefits of discovery and the scripps deal would be viewed positively and international assets it was on and on at the end i said why don't you buy more he sort of said, well, maybe i will so he did, not a lot of money, 350,000 shares -- >> not a lot of money for him. >> not a lot of money for him. >> i said yesterday this is the one you want to buy. >> he doesn't do that that often. that was really interesting. >> that was the best interview that you've done this year. >> thank you. >> i learned that -- >> it was an hour long. >> that helps. >> he changed a lot

ecommerce said to account for 100 billion of that total spend.e are at the pal sades mall and it did just open it's not too crowded just yet but shopper track says today, december 26th is set to be the fourth busiest day in terms of foot traffic this entire season because people are taking advantage of deals at bloomingdale's, 75% off, target, 70% off of thousands of items and best buy's discounting computers by $150 depending on the brand and amazon online, anywhere from 10 to 70% off. tons of electronic items we caught up with shoppers really eager to take advantage of those sales >> macy's has like a 40 to 60% off. i got a great deal on calvin klein coat i lucked out today. >> good prices, it's like 50 to 75% off after christmasand sav it for next year >> now, christmas of course fell on a monday this year. so shoppers actually got an extra saturday this past saturday to get in and get some last minute shopping done. that's called super saturday that was set to be the second busiest day of the shopping season according to shopper track, we don

>> we are planning in the china -europe international exchange and our ecommerce business in shenzhenicultural company. our goal is to complete at least three ipo's by the end of 2020. we expected to improve our brand image as the world's number one distiller. >> state run media says the share price of moutai grew too fast beyond reason. what is your view? >> the stock price is a reflection of the underlying value. is our stock overpriced? you have to ask investors and consumers. i will only make two comments. first become investing in moutai is investing in the future. secondly, the stock market is risky and you have to always be cautious. that is all i can say. david: that was the chairman of kweichow moutai, speaking exclusively to bloomberg. the target, i know market is not exactly the board, but they have to change the packaging. just my note. "bloomberg markets: asimiddle east," coming up at the top of the hour with yousef gamal el-din. yousef: we stayed up late into the night, as we finished up interviews with key decision-makers regarding the saudi budget announcement. you lai

remember the underlying legislative focus here comes from the eu's, ecommerce directive of 2000. 17 yearsat is likely to increase as well? yes, we do. there isa increase as well? yes, we do. there is a very good parliamentary liaison tea m is a very good parliamentary liaison team which works with mps, and mps should also work more closely with that group, including the police. the resource recommendation to the senior police officers in the country to realise social media presents new problems. our sense that not every police force in the country was equally advanced in their understanding of how those problems operate and affect the political life of the country. thank you very much for talking to us. baby venellope hope wilkins has defied the odds after being born with her heart outside of her body. fergus walsh has been speaking to her parents. it was scary. we had been advised to terminate. we didn't see that as an option. unless there was like loads of different things wrong with her. nobody believed she was going to make it. but the two of you did? i think that's why we named her w

. >> one of the things that's telling is the merging of the ecommerce and retail.at. rachel: did i that at christmas. i bought stuff at wal-mart and picked it up in the store. >> nordstroms has completely you can see it play out that's how they have been able to do very well this year. rachel: great predictions. i will see you back on fox business. >> yes. rachel: vanity fair apologizes for suggesting new year's resolutions for hillary clinton. >> take up a new hobby in the new year. volunteer work, knitting, improv comedy, literally anything that will keep from you running again. rachel: this morning, we are making resolutions for somple politicians including nancy pelosi coming up. pete: looking forward to tharmt dymon and silc a get ready for more winning. they join us next. peter: we are live at the wonders of wildlife museum with the man who started it all bass pro founder johnny morris coming up ♪ where i come from ♪ you won' ♪ peter: some quick saturday morning headlines for you ringo starr among those reunited by queen elizabeth as by annual new year's hono

trade representative which she primarily worked on ecommerce and telecommunications experience. she received her j.d. from the george washington university school of law where she completed an international human rights law program fe universat university of oxford and received her undergraduate from the university of southern california. welcome. >> welcome a barreboard april. >> i'd like to introduce evan. he's vojoining my office as an adviser. you have to stand up. that's the tradition. he started with us two weeks ago. he's found the pace around the commission to be a little slow in the public's interest in our work a bit under-whelming. i told him wait until we take up poll attachments. that's when things get interesting around here. in all seriousness, i'm delighted evan joined the office. he has a keen instinct for communication policy having worked most recently at tech freedom on a broad range of issues. i look forward to relying on his expertise as we move forward and proceed into the regulatory backwaters. with this new addition it means my office no longer gets to b