let's get to lauren simonetti for today's fox business brief. hello, lauren. lauren: happy friday.et's start with this. btig upgrading the auto research and shopping site to a buy, pointing to both its cheap valuation and the potential for a pop in automobile demand when a stimulus deal is finally reached on capitol hill. >>> let's take a look at shake shack mixing it up coming into the close. oppenheimer going bullish on the burger chain, predicting a full recovery from the pandemic by 2022. shake shack up 3.2%. >>> the iphone 12 hitting store shelves today but reports from around the world say the usual long lines that have accompanied past apple product debuts have been replaced, even in china, with the covid-fueled shift to online ordering. apple just one of many companies swept up in president trump's trade wars. could a new market be ready to open in iran? we will have white house trade policy chief peter navarro on "countdown" next. ♪ ♪ since pioneering the suv in 1935, the chevy suburban has carried many things. nothing more important than family. introducing the most versa

lauren simonetti in a moment will confirm all of this. the numbers, lauren joins us now, the numbers look to me to be better than expected on the headline figure i saw on eps. tell me what you're seeing on delivery figures, something we're looking at too? lauren: look at the stock reaction. obviously investors like what they're seeing. the stock is up over 4%. adjusted eps, 76 cents a share. that was better than the 57-cent estimate. revenue pretty strong, 8.77 billion. also stronger than the 8.36 billion that was estimated. still looking through the release to give you the all-important production and delivery numbers, we got a peek. about 139,000 for the third quarter reported earlier. we'll see if there is any update to that in just a bit. connell? connell: lauren, thank you. jonathan hoenig joins us for some quick reaction to this from the capitalist pig hedge fund, fox news contributor as well. delivery numbers always important for tesla. one of the headlines crossing said they have the capacity installed to produce and deliver 500,0

lauren simonetti watching the market action. blake burman on the white house beat. hillary vaughn on the scene of the big debate, the vice-presidential debate in salt lake city. we'll get to all three of you. blake, with a lot to cover. the first things first. the president in the oval office right now? reporter: he is indeed, connell. i was talking to a white house official probably about 20, 30 minutes ago who told me the president is indeed in the oval office. i was told according to the white house official the president was being briefed on two matters. one, the monster hurricane out in the gulf right now that could potentially make land shore friday, texas, louisiana, mississippi, hurricane delta the president is briefed on the latest on the relief talks seemingly over at this point. the president wants stand alone bills. we'll get to that in a second. we also got a health update on the president today as he is now back in the oval earlier today from his doctor, who said the following about president trump, writing quote, he has now been fever-free for more th

lauren: i'm lauren simonetti. taking hits despite posting strong earnings results for the third quarter, and a positive holiday forecast but analysts' fears over their ability to match its pandemic performance in 2021 taking a toll intraday and dragging on rivals ea and take two interactive. >>> spirit airlines getting a save from jpmorgan, the discount airline upgraded to a buy. jpm also boosting its 2021 price target on shares to $25. spirit up 2% today. >>> travel destination mgm international among the biggest losers on the s&p 500. the casino giant clinging to a loss in the quarter as covid fears dented revenue in both its las vegas and china businesses. stock down almost 4%. >>> president trump is about to land in green bay as wisconsin's vote comes down to the wire. "the claman countdown" goes live to that battleground state next. it was 1961 when nellie young lost her devoted husband. without him, things were tough. her last option was to sell her home, but... her home meant everything to her. her husband

lauren simonetti, what do we have? run through figures with amazon as the stock is up 2% after-hours. lauren: it's a major beat. this is the july to september quarter. eps came in at 1.37 versus the expectation of 7.41 -- 12.37. continue to watch reaction, because in the second quarter they beat five-fold. so we have a big, expecting a lot to please wall street these days. one more point to give you, what is unusual, the fourth quarter would be the holiday sales period but also the all-important prime day. the guidance amazon is giving for that quarter, 112 to $121 billion, far exceeding expectations, connell. connell: the estimate was 112.3 billion for that quarter you're talking about. so even the low end of that forecast is above the estimates. erin gibbs, want to take a shot here at amazon, then we'll move on to some of these other companies as they come out. i don't know what we can say about amazon from an execution standpoint. >> i know. they beat five times last quarter but even with wall street analysts knowing

lauren simonetti joins us now as we get back to the markets on a strong friday. we're up 160 plus there on the dow at the end of the day, so that's the way you want to wrap it up, right? >> reporter: lots of back and forth in washington, connell. but, yeah, or we wrapped it up the right way because traders are betting lawmakers will get a stimulus deal through in the end, and that is what boosted stocks for day number three. as you mentioned, yeah, dow up 161 today. it is positive on the year. the nasdaq and the s&p 500 gaining 158 and 30 points respectively. let me show you the week or even better. best week in three months with the s&p up almost 4%. the reasons are clear, optimism on stimulus but also, and we've heard this from a lot of banks, a lot of traders, connell, traders are getting used to the idea that either a clear joe biden victory or a blue wave of congress might not be as bad as initially thought. today the consumer led the way if you look at the sectors, it was discretionary and staples as well as technology that were the strongest. you see names

lauren, thank you very much, lauren simonetti following all of that. read from phil flynn and susan li. we have started the first day of trading in october, as lauren touched on, here in the fourth quarter. of september was rocky, you know? it lived through to its reputation of being the roughest month for stocks. although october is a pretty scary month in and of itself. susan, how are we looking? >> yeah, as you mentioned, october is traditionally the second weakest month of the year, usually down 1% at the end of the month. however, there are historical trends if you look at dow jones data that says after a horrific september, say back in 2011 when you had the european sovereign debt crisis and also the cutting of the a ark a bond rating -- aaa bond rating for the u.s. debt, you actually see a big rebound 70% of the time. so it depends on which trends that you track and believe in. there are some pretty good indicators that, yes, we may have a stalling-out a pattern here in the u.s., but people are still spending as we held into a strong last few mo

>> i am jacqui deangelis, this is "after the bell", we start with fox business team coverage lauren simonetti, blake burman and edward lawrence in washington, lauren were gonna go first to you. >> stocks faded today along with investor hopes for stimulus, let's take a look the broader market up 12 points, the nasdaq up 42 but the dow down 27 and it was wound and turned down to stocks, intel as well as american express, don't miss on earnings, revenue from intel datacenter, customers disappointed, what are the issues plaguing the company and mainly only intel, rival imd closing 3% higher, it mistreats estimates for capital one arrival card issuer, not that one, rally today, we have encouraging news on the coronavirus, not only gilead remdesivir with the first fda approval, but astrazeneca will resume the vaccine trial right here in the u.s., it was good news but not good enough to raise the losses for the week, let's take a look the dow and s&p 500 down for the first time in four weeks, the nasdaq down in five weeks, each off about 1%. apple, not helping out, even though the iphone 12 is on sa

lauren simonetti on all of that.. saphier would be joining us, so could we get some carrots and celery out here? we'll have more after this. ♪ ♪ ♪ this is the feeling of total protection now that we protect your identity, and mobile phone, as well as auto home and life you've never been in better hands allstate click or call for a quote today - i can't stop worrying. - why can't i sleep at night? - how do i deal with all this stress? - when did the world get so scary? - hello, this is michael youssef, there can be no doubt that our world is filled with troubles right now. and yet, there is one person who said, "i can give you peace that can never be shaken even in the worst of your circumstances." jesus is the way the truth and the only giver of eternal life and he is inviting you to come and surrender to him. and he will give you unbelievable peace, a peace that seems too good to be true, but it's true. will you come to him? (calm inspirational music) - [female voice] are you looking for a peace that can withstand a

to lauren simonetti with what investors need to be watching with amazon. lauren: hey, liz.irst off, it's going to be hard to impress wall street, but amazon's going to try. they are expected to say that revenue will grow 32% to $92.7 billion in the quarter. earnings to rise by 75% but remember in the second quarter, amazon's profits came in five times the estimate so like i said, investors are hoping for another blowout and they might be disappointed and sell the stock if they don't get it. we'll see in the next couple of minutes. but this quarter's probably going to be a little noisy. you have many brick and mortars that were open and quite busy in july. that's included in this reporting period. and that could hurt amazon. second, it spends a lot of money, particularly in two areas, covid-19 safety and expanding fulfillment capacity ahead of prime day which we just had. also, the holiday quarter, that spending could eat into its margins. watch for any guidance that they give as a peek into how the consumer is feeling. remember, amazon responsible for one-third of all onlin

more and more food businesses are opening around the country and not the typical restaurant, lauren simonetti >> is about american innovation, to fit the pandemic, look at the great outdoors, you have restaurants that are opening them reopening using big open spaces, white patios, take a look north dakota went first in the nation, 62 new restaurants open since the first of march since washington, d.c., 108 openings, rhode island, and new hampshire, all booming, were talking 6600 new restaurants opening nationwide in augustine september, also popular you might've seen this farmers market more than 200 new ones popping up in the nex last yeard more than 1700 food trucks as for what types of foods, it is sweet, friends and family are not only enjoying them for ourselves we like sending them as gifts so other people feel better too. i wanted to leave you with a sweet story on a friday. charles: i love it, i love it. thank you so much. i'll bring some to the office next time i come. barbies are back in fashion and people sending greeting cards, reading cards through snail mail, going back to the g

lauren simonetti joins us with how big this event has become. lauren? >> yeah. everywhere, charles. i've done some shopping today. for amazon, this is your sixth of prime day, $16 billion was generated since this shopping bonanza kicked off back in 2015. yeah, as you noted it could raise another near $10 billion this year. that would be a record. with prime days is attempting to do pull forward holiday sales into october, dictating how and when people shop. they have at least 200 retailers competing right now, offering black friday-like discounts right now. several of the copycats like big stores walmart and target, they're competing ways amazon can't. that is in speed. they're harnessing vast network of stores to accommodate curbside pickup. you buy them online, an hour later, immediately pick it up right at the store. that saves the customer time. that saves the brick-and-mortar money. another way to compete with amazon, sell what they can. listen. >> our own brand, whether a brand making something for a year, very special unique, that is what makes things dif

lauren simonetti joins us now with more details. lauren.r: yeah, remote learning charles is getting a big f. look at a few surveys, parents of new york city public school students, half of them, more than 500,000 kids today are fully 100% remote, they view the remote learning experience as negative. they say virtual learning, when you look at who is doing it more, low income families, families of color, and these families are more likely to think negativity of the education their kids are getting. it is a trend documented across the country. new mexico, four out of five kids failing one class in district there. the state says low income households have less access to the internet and more likely to live in districts with fewer in-person opportunities. austin, texas, one in four flunking at least one class. it is prompting the call to get the kids back to the traditional classroom but with infections spiking, that is less likely. the burden is on teachers. they have to set up zoom parent conferences. over one-on-one remote attention for chil

fox business team coverage to start you off this hour with lauren simonetti on the markets, hillary vaughn

lauren simonetti, one of the most widely held stocks in the entire universe here. are applauding this decision. so you have disney doubling down on their content. they are creating a new unit which will house their movies, tv shows and sports content, then a separate unit which decides best how to monetize and how to distribute that content. it's a new alignment and it pushes disney plus which has over 60 million subscribers to the center of the company because the pandemic has accelerated shifts in how we watch content. pretty bold move by the ceo, putting the company's key assets quite honestly, where they are going to make the most money, bha wi what will be the most profitable as you did with the amc story, movie theaters struggling to stay afloat. lots of restrictions on them, little content for them to show. look at the theme parks. disneyland in california has been closed since mid-march. there are no guidelines given by the state on when they can reopen. then you have the blockbusters, mulan and the upcoming pixar film, soul, bypassing theaters, being releas

lauren simonetti with more on that. ah, this is an instance where two crises have collided. we are seeing the number of fatal drug overdoses this year is already at a record high and we are not done with the year yet. 74,000 deaths as of march and take a look at this. more than 220,000 americans have died of covid-19. so these are two big problems. experts say the pandemic is fueling the nation's drug epidemic. >> across this country, only 2 in 10 people who wanted treatment for their opioid use disorder could get treatment. so we have stress, we have isolation for some, job loss worry. these can all increase risk for use. lauren: not to mention, the disruption of the cross-border drug trade. that's prompted some users to resort to using an unfamiliar product. we don't have national data just yet but i can tell you this. these states, about five to nine of them have reported overdose deaths that are far outpacing 2019. look at kentucky. fatalities are at 30% higher than all of last year. colorado and new jersey, not too

also lauren simonetti. lillian, i go to you first.s back and forth on stimulus, doom and gloom yesterday when the president tweeted out it's done, it's over. now hope that maybe some of it could come back. what if aps ait's all status qu nothing changes, we don't get the stimulus and it remains locked up in politics, nothing done until at least after the election, if then. then what? >> i think that strikes both sides of the aisle in the middle of an election, it will show we can't get things done. this is an opportunity for the president that can show the american people he wants to open the economy, help small businesses and actually put money in the pockets of the people that need it most at this time so that we can get back to somewhat of a normal state even though that's happening very slowly. i think this is an opportunity for leadership and everybody's watching. the markets are watching. a stimulus bill is going to be good for everyone's economy and an opportunity for whomever decides to put party aside and actually get it done

lauren simonetti on all of that.enings in, i will show you five major cities, some of the biggest in the country, including new york, san francisco, los angeles, washington, d.c. and seattle, are seeing job openings down more than 20% from last year. it's not only people, but companies, too are moving out. they want more physical space and they want cheaper rent and mortgages. where are they going? gainesville, florida in the north of florida. bismarck, north dakota. and ogden, utah, north of salt lake city. in other words, smaller cities. these three in particular are seeing not only an influx of people but business as well. all of this aided by the work-from-home trend. but these small pockets of growth don't tell the complete picture, the whole story. job openings nationally down 15% from the pre-pandemic levels. permanent layoffs are rising and there's a lack of stimulus from washington. that's threatening the smaller businesses' survival. it's not all gloom and doom. tech and retail are hiring, especially with t