that was michael venuto, and bloomberg's rachel evans.oming up, i speak with the founder of bodhi tree asset management, as more and more hedge funds are using etf's. he tells us how he utilizes them. and one etf that caught our attention this week, the spider s&p oil and gas exploration and production etf. or xop. the trump administration's sanctionso end waivers for iranian crude buyers made investors rush into the fund. earlier this week, it posted its second largest inflow of the year. as a reminder, you can catch all of our charts on the bloomberg at gtv. this is "etf iq." ♪ taylor: i'm taylor riggs. this is bloomberg "etf iq." let's get to the etf lifecycle, where we run through the three main stages of etf's. step one is the filing. principal for a suite of three multifactor etf's focusing on international, large-cap, and small to mid-cap, using a combination of value, quality, and growth characteristics to select their investment. step two is the launch. the ishares self driving ev tech etf is the fourth on u.s. exchanges with a s

we are joined by michael mckee and rachel evans. we are going to start with amazon. let's take a close look at this chart. they announced earnings had record profits. at the same time, they will spend a lot of money on same-day delivery. weigh on the left, it shot way up, and then came down again. it is up about three quarters of 1% right now. still remarkable performance from this company. michael: one of the funny things i saw on twitter was people say amazon used to be no profit, but they were growing so fast we'd invest. now they are not growing so fast, but boy, look at that profit. they've turned that story around. they did say last year they would spend a lot of money going into this year, but they didn't do it. do we see that spend that they are promising or not? one of the things is that they managed to control costs really well on the retail side. continuing to do that come up -- continuing to do that, keep getting people into prime. the question is how much they will be able to add to earnings. carol: goldman raising the target on amazon, looking at a 26%

lead this party, not a party with women and african-americans -- >> he's on rachel tonight and he's gangbusters in interviews, evanmore moderate than you might think watching tv. a lot of moderates and he appeals to them. >> you're talking to the apostle of that. i believe the voters are there are not very far left. half the party is left in a progressive mood, but the other half is like, i don't know. let's talk about bernie. bernie, everybody thought was a little bit yesterday. >> right. >> yet he's holding on strong. look at him. he's out there. he's got the juice. >> i am surprised. i thought bernie sanders was going to be in a lot more trouble than he is now. i think that his ability to maintain this lead, and his real lead against a very deep and strong field demonstrates, look, maybe people aren't as bitter about 2016 as they used to be. i don't know that he can keep this. >> who is in his bracket? who is losing because he's winning? >> elizabeth warren is losing because he's winning. i think klobuchar is losing because he's winning. i pretty much think gillibrand. >> let's talk about a woman who made histo

rachel, we appreciate your time. and stewart, thank you forjoining us. this sunday's bedtime story will be read by actor luke evans. alth epidemic. england's top doctor tells firms they need to do more to protect vulnerable clients. sri lanka's security forces say at least 15 people, including six children, have been killed after an explosion at a suspected islamist militant hideout. fresh talks to try to break the political deadlock in northern ireland are welcomed by the white house — following the death of lyra mckee.