also with us bloomberg intelligence's jitendra waral. let's start with the anti-trust issues.hat was really top of mind for jeff bezos. what do you make, brad, of what? brad: it is sort of a measured response, like a mature response. consistent with what we have heard from amazon. we welcome the scrutiny. we need to pass it with flying colors, he told the shareholders. i mean, look, he has the advantage that what we have been hearing from washington has been a sort of emotional argument, right, around the post office, postal rates. amazon, mary meeker's report, amazon got a 28% market share in the u.s., the strongest market, it is by no means a monopoly. you have to sort of redefine antitrust laws to put amazon in the penalty box. i think he speaks from a position of confidence. emily: we will talk about the highlights from mary meeker's report later. i want to talk about the business. amazon continues to maintain small margins. it used to be a big concern, but recently shareholders have not been saying anything about it at all. i wonder, you know, are profits and concerns abo