smith, scott, an erin gibbs joins us from gibbs wealth management. it will be a fun hour to go through all of this. amazon is the big one. amazon's numbers are just coming out. in the third quarter, amazon already reported $96.1 billion in sales in a quarter. that is comfortably above the analyst estimates. they were supposed to be up 32 1/2% it were around they blew through that, looks like. with a net profit of $6 billion. on the eps side, we'll get back to it in a moment. comparable to analyst estimates. then to lauren, probably, scott martin, on that, 96 billion-dollar quarter from a company really kind of epitomized how you, for lack after better word thrive or take advantage of the situation we've all been dealing with for the better part of this year. >> epitomize how you will survive your life maybe to get through all of this? i love the way you kind of analyzed or i guess commentated on the number as far as top line revenue, connell. give or take another couple quarters this, company, boys and girls basically making in a year maybe half a tr

i would like to bring in katheryne rooney vera and gibbs wealth management president, erin gibbs.lant your money author and mark get gauge editor, michelle snyder. ladies, start with big earnings report from after the bell yesterday. netflix coming up short on new subscribe is while snapchat hit a grand slam. erin what is the play here? streaming or social media or both? >> i want to say both. i really like both for two different reasons. netflix anytime they miss expectations they're always able to recover after the stock drops within two months. so i say look at it as they have missed it. they messed up one quarter but they will get back on track. buy it. it is on sale. snapchat they're hitting it out of the market. -- [inaudible] , both stocks buys. charles: kathryn, i'm kicking myself on snapchat. twitter is best performer on the s&p 500. snapchat not part of that index. facebook, i got back in some of that trade today. is it all of a sudden about social media because you have so many players in streaming right now? >> erin is right, streaming and social media is absolutely wh

does the market go here let's ask walser wealth management rebecca walser, gibbs wealth management erin gibbssenior advise with payne capital management, a group i'm not affiliated with, courtney dominguez. they woke up to the possibility that congress will not come through with more stimulus. they believe stuff out of d.c. but are the smartest folks in the room, wall street going to get played again by con vest? >> oh, charles, i certainly hope not. it would be really ugly picture if we don't get some stimulus here. we need it. like we talked about disney coming out saying 28,000 jobs. we know united. we know american. we got to get some stimulus. we're banking on it. it has got to happen. i don't want a bad deal but we need some deal. charles: erin it, felt like in september wall street, a lot of that selling was a message to congress, hey, get your act together. in the last few days, okay, felt like maybe something was going to happen. now we're on pins and needles. where does it go from here? >> -- september was that moment where we saw a crack in the momentum and more of a value play. i

let's ask rob luna, erin gibbs. part of my investment thesis for next year is that we have consumers with record low debt to disposable income, over two trillion in savings, rising wages, improving confidence. i think it could be huge. how do you see their impact on the economy and the stock market? >> so absolutely, charles. i think we are really dependent on the consumer. i do believe we really do need a solid stimulus plan and a little more direction from our government for investors to feel consistently more confident. obviously the retail sales were great but we did have some disappointing numbers when it came to unemployment. i think we are going to see this good news/bad news type of sentiment for some time to come. but absolutely, consumer and i think you've really got to focus on your themes because some companies are going to be left behind and some are going to be big winners and it's clear that it's anything surrounding the home, single family homes versus apartments, moving to the suburbs, cars, getting

the race for the vaccine of any sort everyone has their eyes on, shauna glazer and, erin gibbs, gibbs wealth management. erin, the gung-ho endorsement by the president, a good view from dr. fauci, now the push the fdfda, misdemeanor use for treatment. what do you think? >> i think this has greater impact that than people might initially assume. we would say oh, well the treatment is only useful once we have a vaccine but that isn't the case. right now, almost all the vaccines are in development. they're only looking for about 15% efficacy rate. only curing or vaccinating about 50% of the people. so covid will be around a lot longer than most people expect. and so having valuable antibody treatment, this is a product could be generating revenues and useful for saving lives for years, if not decades to come. so i think that's what, not only having emergency use right now until we get the vaccine but really has a great impact for regeneron over all. the stock is not overpriced by any means. so i think if you're looking for investment, this is a really impactful company out there. neil: y

joining us now, robert gibbs, and robert costa, alicia menendez, also erin haynes, editor at large forhe 19th. good evening and welcome to you all. mr. gibbs, we'll go in the order you were introduced. what was that we saw tonight, and what did you make of mike pence's initial claim, looking into the camera and saying from day one, the president has put the health of america first? >> well, i think we knew from the very first question that mike pence was on some very uneven ground. and understood that he was having to defend a record as vice president and as head of the coronavirus task force that was going to, even on the best day, be very hard to defend. you saw kamala harris get off to an extraordinarily strong start with that question. she prosecuted that case, she's happy to have this be the subject of not just that section but she brought it back to covid on a number of occasions. so i think you expected that that was going to be one of the first questions asked to mike pence. and it's hard to convince people based on what they've seen and felt, the stories and statistics, the wh