kroger is not alone as other supermarket chains experiencing similar headwinds but kroger is the biggesttes. mark: julie hyman with -- vonnie: julie hyman with our stock of the hour. team usa yesterday needed to tie againstesterday trinidad and tobago to advance to the world cup but it did not happen and for the first time since 1986 team usa will be sitting out the world cup. >> not sure how he did it, a trick shot of sorts. it goes over tim howard and trinidad and tobago in front. vonnie: no words. how expensive is the loss? stocks saved 400 may dollars for u.s.-english rights for the next two were -- partners in the u.s., coca-cola, nike, are now sponsoring a team that will not be playing. bottom-lines? million numbers, $400 for the rights to play these games on fox. sponsorships. is it clear that because team usa is not in the world cup, people will not still watch? >> the last world cup where team usa did make a run in the world cup, espn ratings increased. if you are a fox executive, you are disappointed that the u.s. team will not play. there is a lot of casual fans who would tune

even kroger. wow. even the dog recoiled.which spoke out yesterday. >> coach is changing its name to tapestry and tell "the new york times" we're well aware it was the name of a carol king album but most millennials haven't heard of it. >> what do they know they google things right now they are playing call of duty while she they should be working. >> there's the opening bell and s&p, celebrating the anniversary at the nasdaq. it's the food network and cooking channel new york city, wine and food festival. >> like them both. brad jacobs has been a frequent guest and stock has been amazing. when you get a big tv from amazon, it's probably from them. he's done a great job in trucking and transport i wish they were in the index. the index would be higher. the transports on fire. >> yep, key bank initiates fedex overweight, 260 price tax on fleet modernization and yields, all of that. >> i think that's a fantastic upgrade. the last quarter looked bad but was actually terrific. international numbers are great. the story about how

costco -- just like cost koe, kroger need to articulate something to put kroger in check. i don't know if they did i thought by this time western digital would be able to talk about how it bought out partner toshiba business, which wanted them to do so badly. toshiba want to sell it the big capital. i'm sure western digital will continue to try to block the deal there's a lot of talk of price weakness of late in both businesses maybe there's a lot of flash coming online in 2018. i've only seen weakness on the-drive side but that alone could be a killer. given there's so much hot money in the stock we left for trade for experts.com club members, too much money has been made and no one ever got hurt taking a profit that's a continual theme for me. now i've been saying the latters become the key to this mark, talk about this with squawk on the street if jp morgan can breakthrough $100 we got some leadership that can go through another level it's likely the stock will get there on any positive commentary by ceo jaime diamond be ware jp morgan trades at 14 times earnings i thin

. >>> kroger stock is currently halted pending news.s in the middle of it's day at the new york stock exchange big news that came out of it is that it's going to put its convenience store business up for sale, exploring strategic options. 784 convenience stores in 18 states $1.4 billion worth of revenue, could be around that announcement we don't know. we'll keep an eye and let you know when it reopens already having a strong day. john, back out to you. >> thank you, sarah. on monday, i sat down with intel ceo brian krzanich at the black enterprise tech connects summit just south of san francisco here we talk about a number of subjects, including manufacturing and his presence on the white house manufacturing council. why that was important and what exactly it was that caused him to quit. take a listen. >> artificial intelligence is going to penetrate just about everything in your life. if you're starting a business or thinking about a business or thinking about a strategy, you start with the data. artificial intelligence is all about d

. >>> welcome back how about shares of kroger which are trading up 1% now after being halted earliernvenience store business including a potential sale kroger's business generated about $4 billion of revenue last year they also have a jewelry business and a few others. a few other announcements they made also an $9 billion investment over the next three years. they talked about expanding this policy, but let's use scan as you go your purchases in the store and walk out with them they're trying to kind of answer back to some of the market losses >> they're going to focus on what they do best in the grocery bez and add technology gee, where have we heard this before wonder why they're doing it now. >>> news alert on sheryl sandberg, kayla has details. >> bill, sheryl sandberg has been on capitol hill today taking meetings with the bipartisan leaders of the house intelligence committee, also leaders from each party in the house, republican majority leader kevin mccarthy, democratic minority leader nancy pelosi, and here's some pictures of sandberg on capitol hill. cameras followed her t

today, the leader is kroger. the company might sell its convenience store business, a $1.4 billion operation across 18 states under names like turkey hill commitment market, quick turkey hill, minute market, quick shop. there's increasing competition from amazon. consumer staples rising for the second day after yesterday having the biggest collective gain since february. also watching interesting analyst calls this morning. johnson & johnson being upgraded over at jefferies to buy. theysts they are saying pharma division is "under modeled by the street." that's where revenue growth will come from. don't bet on the company getting broken up into pieces, bet on growth. mcdonald's being mentioned positively at cleveland research. the company is firing on all cylinders. analysts are more positive on the company's strategy come execution and comparable sales outlook. at cowin. upgraded a quick look at the u.s. dollar on the bloomberg. we see a pullback in the greenback. strategists looking at the technicals and wonder

then there's kroger. we know the competition is right for the supermarket space but the convenient stores are doing much better. i bet the stock catches i want upgrade tomorrow in response >>> how about the pesky dollar stores now the stocks are running that sponsorship can't be too far behind i expect upgrades tomorrow we want winners but they don't pile in the same spot. what is going on here? what is this all about am i being to glib naw i'm just being too old why are all these situations working? how is it that you if you teach a man to fish he'll catch dinner every night in this market first, worth the time of the year where hedge funds need to start showing some performance or they're going to lose assets. you can't show performance in this market without buying stocks, it's that simple for money managers, you know what this period is, this is the buy or die period. >> buy buy buy. >> second, whatever you may think of president trump, there's no denying he's really pro stock market you can tell from

what's up >> caller: you know what jim, i retired from a grocery industry here in the west coast krogert coast buying our chain, have you heard anything about that? >> my problem with kroger, amazon is deciding to take over this industry in a way that may her everybody. i have no up side story right now for that one let's go to gee la lee in new york >> that is correct thank you for taking my call >> of course >> caller: thank you i'm calling for venue cure materials. >> we like this stock, we think it's a terrific story. it's still moving up and inexpensive. it's a good one. michael in texas >> caller: hi jim. if you are time caller, i'm looking boo getting into glw for the long haul. >> it was good but here's my issue, when i see a stock like glw that's spike big i like to wait until it comes down a tad after the quarter. 40 cent's not enough shawn in florida >> caller: hi jim, i bought dozen buy a couple years back and it hadn't done much. should i hold it >> yeah i would. a lot of people felt like this was a weaker quarter, i'm not nearly as negative i think biogen is fine eric in c

they do have an impact >> i cover kroger, they get asked all the time about whole foods.oes costco worry about it >> they talked about it and they talked about why they're still strong, they said we looked at prices, we're still lower than that they both have membership models and existed together for a long time we'll see what happens costco tries to explain it away as kroger does >> they all have to. >> courtney reagan, thank you. >>> some of the stocks to watch today in addition to what's happening with costco, yum china's third quarter earnings missing forecasts. revenues did beat. same-store sales rose 6% the fast food chain also the ceo who has led the company since the spinoff from yum brands total will be stepping down. he will be replaced by yum china's coo. >>> disney and altice finalized a deal to keep espn and other channels in millions of households in the new york metro area disney threatened to pull from optimum cable services before the two sides reached an agreement. >>> and calstrs says they will support the nomination of nelson peltz to procter & gamble

costco is the third largest grocery retailer after walmart and kroger. netflix is raising fees. they depend on their own original content you can only see on netflix. they allow streaming on two devices at a time, going up a dollar. the plan offers streaming on four devices in hi-def is going up by $2 to $13.99. the basic plan sticks at $7.99 a month. back to you. >> just in time for stranger things. >> i haven't watched the first season of that. >> i have not. >> streaming things. >> the thing is, this weekend we are going to want to get out and about. >> yeah, it's going to be a great weekend. it's going to be hard to stay inside and catch up on those shows. getting out the door, 51 degrees in the tri-valley. we are looking live at pleasanton, now, the east bay, a view from emeryville at 49 degrees. the north bay, another chilly start with temperatures now at 44. let's get a look at our high temperatures for this afternoon, reaching up to 78 degrees in oakland, 73 degrees in san francisco and mid-80s for palo alto. in san jose, a high of 87 degrees. so, as we are getting start

>> i like kroger.g to shift from buying spam to steak, and once the tax cuts go through. david: keep it right here, the number one business block continues with cashin' in. liz: yes, the economy is growing, but are these past presidents showing us how it could be booming. forget 3% growth we're seeing now. how about 5, 6 and even 7% growth we saw back again? can this republican tax plan do it? hi, everybody. welcome to cashin' in, i'm liz claman. here with us, rachel campos duffy, juan williams and steve cortez. you show how tax cuts boost the economy, give us some evidence. >> oh, absolutely. by the way, most people when they talk history here and tax cuts they go straight to ronald reagan, he's a

. >> kari, kroger is up big today.onvenience store business. >> kroger is a stock down 50% during the period of time that the s&p is up 30%, and it's just getting killed or has been because of the quote, amazon effect can they pull this off and do it quickly? i think you have to be very, very patient maybe it will work over time, but it could take a long time. >> dollar pulling back to it lowest level in over a week. tus l get the trade from the furepicks when "the halftime report" comes right back at ally, we're doing digital financial services right. but if that's not enough, we have more than 8,000 ally's looking out for one thing, you. call in the next ten minutes to save on. and if that's not enough, we'll look after your every dollar. put down the phone. and if that's not enough, we'll look after your every cent. grab your wallet. access denied. and if that's still not enough to help you save. ooo i need these! we'll just bring out the snowplow. you don't need those! we'll do anything, seriously anything to help

. >>> kroger says it's exploring strategy alternatives to its convenience store businesses which may result in a sale of its stores. it reaffirmed its guidance for the year and says it plans to cut costs and make larger investments in e commerce. >>> the luxury handbag maker coach is changing its name to tapestry. the company, which bought kate spade and stuart weitzman, says the company reflects that the company houses several brands. coach will change its stock ticker to tpr. shares of coach, or should i say tapestry, finished down 3% to $38.87. >>> the networking company juniper networks cited lower revenue in its cloud vertical. shares initially fell following the news and ended the regular day down more than 1 persons at $26.86. >>> prepaid car company black hawk network is also forecasting disappointing results. it said increasing competition would cause earnings and revenue to miss estimates. the company beat profit expectations. shares initially lower, they finished the regular day down about 1% at $44.20. >>> it was a heart breaker and perhaps the worst loss in the history o

kroger currently operates 780 stores in 18 states. shares of kroger have lost 40% this year.kets are searching for direction ahead of jpmorgan earnings. you said earlier, not too much to look at in terms of excitement because we are also expecting low or slow in demand. >> right, i don't think that the ceo's -- jamie dimon will tell us much. loan growth is slow, businesses are wait to go hear what tax reform and these other policies are going to be before they take out more loans. you are seeing -- the debt capital markets, this is decently well ahead of interest rate hikes, corporations want to have that. maria: you're getting all the mixed pictures. dagen mentioned the gdp last week, yet household income or report yesterday showed household income down, we've got, you know, slow loan growth, so it's still where we were two steps forward and one step back in terms of the economy, right? >> i would add really good data on manufacturing recently so that would be kind of those bullish signs and then we talk about loan growth, we know the storms happened, you look at the househo

mackenzie kroger four is the widow of 27 who was buried in florida on saturday.onfirmed the account of a florida congressman who confirmed that resident trump said he knew what he signed up for. she said president trump struggled to remember her husband's name during the phone call from the white house last week. president trump issued this response i had a very respectful, stationed with the widow of sgt. la david johnson. sergeant johnson was one of four u.s. soldiers killed earlier this month.>>> let's get you to where you need to go. alex you are watching traffic near our studios as well right?>>> absolutely we will start in oakland with slow traffic as you would expect for this time of morning. interstate 880 had been a decent commute but now we are starting to see a back up here especially in the northbound direction past the arena and it is slow all the way to downtown oakland at this hour. and of the east bay highway 24 just jammed up here trying to get out of the walnut creek area and you can see this is what things look like live there as many people tr

you cannot get it at kroger, you cannot find it at your local grocery store.arest of cells out fast. otherwise, here are the sirloins. julia: how do you get it? >> standard delivery service, ups. they are sending it out. farms on the east coast, virginia and pennsylvania. the company started, still very small, just expanded to the east coast, they primarily serve the west coast. they send somebody to all of these forms, they look around. words like organic, we find out that it means less and less. there are different rules. these guys do not have specific criteria. they want to see the farm and see if it meets the criteria. small, independent, treated right. putting people in touch with how the cow, how it was raised, how it was fed, we know the farmer. >> we have a large story with a lot of pictures about the most expensive home on the market today which is called via, in french. it is in the south of france and it is on the market for $410 million. carol: i was going to say that i am in but then i heard the price. this is a massive estate. >> about 18,000 sq

we saw that really the top level of walmart customers, costco customers and kroger customers all wentwhole foods. whole foods did not attract that lower demographic that everybody was expecting when amazon acquired whole foods. it really says that amazon has a lot farther to go. it has more price cutting to the to really learn those people. the reason is that whole foods is predominantly located in wealthy neighborhoods. to incentivize people to drive distances and go to a wealthier neighborhood, the prices have to be much lower to get that demographic. shery: until we see more price cuts coming from amazon, probably foot traffic i has peaked? olivia: i would say for traffic has definitely the. peaked. it was 33% new customers that week and that sort of tapered down. it's about a 4% increase in new customers now so it has peaked and they will have to make significant price cuts to learn more people in. vonnie: any way to know whether it was just the one time visit out of curiosity because of the massive price cut on certain things and why not? olivia: we think absolutely that there wa

kroger is a $4 billion revenue operation. .he rest is gasoline the company has hired goldman sachs tolore that sale. walmart is still riding the wave from talking about expanding its online business. businesses are fighting back against amazon. another sector is not doing so well. the drug distribution companies. said amazon would get into that business, orhereas a hi probability. this is how they have done in the past week. in these nafta talks we have been monitoring, the dollar is trading lower here against the peso and canadian dollar. we have not seen much progress in those talks up to this point. shery: thank you. as they are granting ready for the fourth round of negotiations -- getting ready for the fourth round of negotiations, there could be potential deal breaking proposals for nafta on the table. here to talk about this is a bloomberg's canadian politics -- is bloomberg's canadian politics reporter. what can you say about this talk of termination of nafta? steadfastly said it thinks nafta can be modernized. brady --the ways and means committee is going to everyone they can

after walmart and kroger. >> we were responding to something you were saying. now we're responding to something karen is saying because she's going to talk about accuweather. >> what happens in the commercial break stays in the commercial break. we're dry in the area right now, i'm staying mostly dry through the weekend. let's see what it looks like. sunrise isn't for another 50 minutes, we're looking live at our temple university camera and seeing some clouds up above on the center city skyline. you can't really see that full harvest moon. 67 degrees the current temperature. the dew point is 62. winds out of the south southwest pumping up that warm and humid air mass. the pressure is holding study and the ocean temperature 69. a couple of sprinkles trying to work their way through. i think we stay mostly dry. you may catch one of those showers heading up north of our area right now. 83 for your high. we'll take this forecast hour by hour. at 8:00 a.m., it's 67, partly sunny. lunchtime mixing with some clouds, 76 degrees. at 3:00, 81. your high is 83. we'll rea

this is stuff you can't get at kroger, you can't find it at your local grocery store, particularly ifot places where you can go to a butcher. some of the rarest stuff sells out fast. otherwise, they set it up, here are this or lines -- surloins. there are different packs and varieties. julia: how do you get it? >> standard delivery service, ups or fedex. the cows are on farms on the east coast, they have one in the finger lakes, some in virginia, pennsylvania. they started in 2015, still very small, just expanded to the east coast. they were primarily serving the west coast. they send somebody to all of these farms, they look around. what is interesting is worth like organic and natural, we come to find out that it means less and less. there are sort of different rules. these guys do not have specific criteria. they mainly want to see the farm and make sure the operation meet their standards. small, independent, cows are treated right. they're feeling his people want to know, this cow this is how it was raised, this is how it was that, we know the farmer. trying to put people in touch

costco is the third largest grocery retailer after walmart and kroger in the u.s. >>> netflix reliesn its own content. it's expensive, so they are passing the cost on to us. it's going up by $1 to $10.99 a month. hi-def is going up $2 to $13.99. the basic plan is sticking at $7.99 a month. back to you. >> thanks. >>> this morning, we are seeing rare video of singer salina near the end of her tragically short life. the footage comes from video camera donated from the smithsonian. it was at a music festival in april of 1994. her manager killed her less than a year later. >>> the gang from "will and grace" were on last night. today, the actress getting recognition. she'll receive a star on the hollywood paulk of fame. it is the 2,620th star on that sidewalk. if you watch "will and grace" every thursday night here on nbc bay area. >> cool. i went through universal studios last night to see where they are shooting now, "will and grace." >> you should have made a cameo. >> i didn't get to go on to the set. we rode by the building. cool to see. something you may be catching up on this weeke

costco is the third largest grocery retailer after walmart and kroger. >>> netflix is raising fees ascontinue to invest heavily in its own original content. it is expensive, so passing it on to consumers. going up by $1. the top plan offers streaming on four devices in hi-def is going up by $2 to $13.99. the basic plan will stay at $7.99 a month. back to you. >> all right. we didn't know what plan we were on. we need to check. 6:17 now. a big weekend at the box office if you want to go up. a follow up to brave runner hitting theaters. ryan gosling and harrison ford who starred in the original starred in blade runner, 2049. it takes place in los angeles in the future. he finds a secret that could destroy society. ryan gosling, don't do that. >> he's got kate winslet. the plane goes down in the idaho wilderness. >>> if you are looking for something more kid frepdly, check out my little pony, the movie. twilight sparkle. they have to work together to stop it. my little pony is rated pg. >> that looks super good. yeah. >> there you go. you can review it for us. >> i will. >> you might be

. >>> kroger jumping hire after the potential sales of its convenience stores but options traders aren'tunce dan? >> the stock opened up 7% on some rumors they may sell their convenience store group. look at this chart, it literally spent the whole day going lower, closing up over 1% after the opening, the stock was trading $21.76, a dollar higher when the stock closed. buying to open 25,000 of the april 21 puts at $1.85 those break even at 1950 down about 12% from the trading level i just wanted to show you what's going on here. this stock is down 40% obviously on the year, accelerated after amazon's purchase of whole foods. this was actually an earnings miss then we had that so to me this is really bad action i suspect this trader is rolling a hedge against the long position >> check out the full show "options action" friday, 5:30 p.m. eastern time. next, final trade. i think it's terrific. your kids go to college and you start trading. >>yeah, 5 years already. 5 years, hmm. you ever call your broker for help? >>once, when volatility spiked... and? >>by the time they got me an answer,

kroger having an investor presentation. really interesting headlines. and 2018 they're looking for earnings to be flat or slightly grow. or want tonerating $4 billion in free cash flow over the next three years. they might sell their convenience stores. they see stronger sales next year. headlines you wouldn't expect when you have amazon teaming up with whole foods. program had gotten so hit on those headlines -- kroger had gotten so hit on those headlines. earnings revisions have been lowered quite a bit. 4.9%, double what we normally see going into a quarter. bars are the s&p one-month return prior to earnings season. we have seen a huge pop of almost 4%. bead is itave a enough to keep the stock market right around record highs. a really interesting dichotomy that could play out in this earnings season. lehmann isark joining us alongside paul hickey. potentialainst a weakness is never a good sign. it seems to be what's happening. there's a lot of liquidity. we will start to see third-quarter earnings shortly. is earnings will be at or above expectatio

we've got kroger on the screen. that stock has been halted.and a half percent. word is that some of their quick stop and other operations will be up for sale. they're considering hiving them off. they stop that stock from trading at the moment with a two and a half percent off. we are indeed in record territory. the dow is getting pretty close to 23,000. very close, actually. keith is with us. money chief investment strategist. you think that we are going to hit 23,000 on the dow real fast. you also think if i'm not mistaken, we've got to get another 10, 11, 12% gain for the s&p 500 by the end of the year. that's what you're saying; right? >> well, that's right. will there are some caveats to that, stuart. number one, we have to get actual tax reform in place. we have a show me market now. second thing is earnings are going to be stronger than a lot of people are expecting, particularly when it comes to big technology defense and energy. that's going to detract a lot of money and right now there's a huge amount of money still looking to go to

package food companies and household products companies as well, causing pain on fellow grocers like krogerthers. >> as you have well known and reported. >> when i hear walmart i turn to amazon which is still up 32.5% over the course of this year all technology has a bit to it but nothing significant in terms of percentage moves but everything more or less up apple, facebook, amazon even twitter is up this morning. >> despite the growing political backlash and revelations coming about the election i know we'll talk about this throughout the hours including squawk alley, but google was victim to this as well and the operative buying ads during the election scandal continues to grow and continues to be a big issue that some of these companies will have to deal with and if they are not, the regularitors will deal with it. >> let's get over to the nasdaq and bertha coombs. >> good morning, david, the nasdaq hitting another record high this morning and now on pace for its tenth straight session to the upside. it's been fairly broad rally when you look sectorwise certainly since the beginning of

. >>> take a look at some of today's movers retailers in the red, macy's, ulsa, foot locker kroger alle getting an upgrade at key huan bank and also on the move, micron, applied materials and texas instruments. >>> the harvey weinstein scandal continues to grow and become more disturbing by the day now nbc news reporting that the new york police department is investigating what it calls two credible allegations of sexual assault against him. all this amid reports that the weinstein company may now be sold president trump's closest and long time adviser barrakc's firm could buy some or all of the weinstein company assets we have all sides of the story covered. leslie, i want to start with you on the business side is it seemingly apparent that the weinstein company will no longer run by or of a fill yatesed with harvey weinstein will go away all together, maybe wrapped into colony capital? >> unclear at this stage exactly what they will do with the asset, but this isn't tom barrack's first time investing in something that the weinstein brothers have owned and created. if you recall, he b

it's not been availed but i know that everybody in that industry, particularly the super values and kroger'sng you have to and also of course, some of the branded companies. i think there was a moment in the procter call that was a little naive where they were talking about how the millennials haven't switched they are still buying, they like experience shal but they are still going to shampoo and shave. what product ter is doing, they want to shampoo and shave and use the amazon channel immediately they said we're doing great in the amazon channel. the issue is the margins the margins in the channel tend not to be that good. i think people have to focus on that no one wants to focus on fact when you deal with amazon, i saw a documentary once where amazon does everything it can to take the gross margin away. that is not talked about other than you why? >> i don't know. they do it over time and it's a -- becomes a drug for a lot of these companies to a certain extent because the channel is so effective. but eventually they will take the margin or they'll simply take it for themselves. >> i th

you were hacked there, too, exposing the workers of one proud ohio company, 400,000 workers at kroger, in an unknown number of people's information to criminals who use it to commit tax fraud. in may of this year, your outside law firm stated that equifax had instituted additional security measures in order to prevent a recur nls of the talks incident, just like you're claiming you're doing now. yet at the same time, hackers had already taken advantage of another security flaw to get into equifax's system. it has been two weeks since you discovered this latest breach, but i still don't think we have a complete answer to the question, what happened and why? we do know this breach could have been avoided if you had taken the simple step of administering security patches. but your response about the fact, your response after the fact may have been just as negligent. you told the house yesterday that equifax knew at least some people's data had been exposed on august 15th. rather than giving victims a chance to protect themselves, you withheld this information from the public for weeks. y

kroger lost one third of its value between the time amazon announced the acquisition of whole foods andens to go into the drug business, and you have drugstores declined 4% to 5%. amazon can outperform jedi mind tricks, look at a country -- company, wish ill on it, and inflict pain without even going into that sector. francine: i really like chapter six. this is entitled "light me." is a core competence of high growth tech firms. this is ip but also our data. what: if you think about these companies have done and what we are saying to these companies, a fine of $116 million, facebook says to the e.u. commission do not worry about our ability to share data between whatsapp and the core platforms, as it is impossible. the acquisition gets approved by the e.u. spoiler alert, they figure it out. the e.u. finds them $160 million on a 19 billion-dollar acquisition. this is the equivalent of a $.25 parking tick for a $100 an hour -- parking ticket for a $100 an hour meter. francine: are you suggesting this will continue and there is no way of avoiding this? scott: i think you are about to see

of heft and disruption is beyond belief, because all you have to do is go back to what happened in krogerell is here now. aetna and, you know, now looking at pharmacy benefits because with cvs looking at aetna, a lot of it has to do with am azblon and -- i hope besos agood guy deep down. >> he is he is. >> i hope so because he is going to be, you know -- he is going to be one of the most powerful people on the planet he probably already is, right? >> he is a good guy. do we have to worry? >> i'm sure he is a great guy. he is definitely one of the most powerful on the planet as far as getting into some of these other areas, you know, we'll see on the pharmacy side there's a lot of regulation there. a lot of red tape. you know, he will give you an example there. they're in the business of shipping wine across state lines right now, and they're looking at getting out of that because they think that has too much regulation i'm not 100% convinced they're going to be getting into the pharmacy space, but we'll see. >> so, michael, amazon obviously steps in they bet into the supermarket space wit