Amazon big quarter josh lipton live in san francisco. Besides the bottom and top obviously investors concentrate on the q 4 guided are guidance light. Between 86 and 86. 5 billion. Obviously for investors thats critical q 4, the Holiday Quarter dy just have a call with amazon cfo brian osafe ski. There are onetime items he mentioned weighing on q 4. He mention add consumption tax kicking in japan, from 8 to 10 . That created prebuying in september having a net negative impact in q 4. But the central question for investors is going to be the bottom line guidance well below what the street was looking for. On the call he fielded a lot of questions about that is it all oneday shipping he made it clear they are in investment mode and do believe where they need to be. They believe there is cost in the short run. He believes thats where amazon needs to be and there is evidence he says its paying off. Good increase in purchase behavior from prime members. Theyre buying more products, more oft
Work in making the state quote the strongest its ever been during his annual address in oklahoma city. This was his sixth state of the state address. This is 45 minutes. [applause] [applause] [applause] [applause] members of the legislature, executive officers, tribal leaders, members of the judiciary, and people of oklahoma, it is my distinct honor to recognize my friend the chief executive, our governor kevin stitt. [applause] thank you. Thank you a lot. Thank you. Thanks so much. Thank you. Thank you so much. Lieutenant governor matt pinnell, mr. Speaker, mr. President pro tem, members of the 59th legislature, members of the judiciary, statewide elected officials, thank you for being here. Tribal leaders. To my cabinet, thank you, guys so much for serving with such distinction. Such an honor to serve with you. To my wife sarah, the greatest first lady in the country. [applause] to my children who are with me today. And my soninlaw. [laughing] and most importantly, my fellow oklahoma
Ed we will continue with earnings coverage as amazons results show a boost in its cloud. Caroline one year since elon musk took over the Company Formerly known as twitter, he plans to take on the likes of youtube, linkedin, and push in payments more. We will discuss that and more. Lets check in on what is a rally to finish up the week. We are seeing a rally across stocks and bonds. Which are usually at odds. Inflationary pressures building from a macro perspective. Consumers anticipated to see more inflation. Says the university of michigan numbers. And the all important pce number coming in strong. Check on top. Does it have to do with earnings . Nasdaq at 1. 2 , but down for the week. Two year yield pulling in a little bit more. More flat, but above the 5 level. Is there a risk aversion towards the weekend amid ongoing geopolitical concerns, particularly the middle east. Commercial off by a quarter of a percent despite the inflation gauge. Bitcoin has been on a tear. Up some 14 . Is
Makes a push for the white house. Its wednesday, may 22, 5 00 a. M. And youre watching Worldwide Exchange. Thank you for joining us. We get you ready for the trading day ahead. The s p and the nasdaq at alltime highs and the dow within striking distancing after pulling back slightly from 45,000. The markets in the red right now. Moving a bit lower. Looks like the dow would open about 20 points lower. We also want to check the bond market ahead of the release of the fed minutes at 2 00 p. M. Later today. The benchmark, 4. 43. The long bond, the 30year, remember, this is a road on inflation expectations. The yield has declined in recent weeks. Were looking at energy, specifically oil. Biden will release 100 Million Barrels ahead of the 4th of july. Take a look at oil pulling back once again. Down more than 1 . Brent crude trading at just over 82 bucks a bail. Thats your morning setup. Were going back to stocks. The head liner, of course, its nvidia. Its the biggest of o the money movers.
In the late 90s. Its a whole smatters of tech joy companies from not just france but throughout. I should also mention that elon milk has just been added to the program. Were going to be laering from elon musk. And also moe di tomorrow. Many have said they dont understand it. They cant see inside the box. This new research theyve developed can see inside the box to understand what ai is doing. They can look at the difference. Up until now thats been impossible. Thals what im doing in paris, and weve got a lot more throughout the day. Just in terms of seeing what it does, how will they do it . The imaginations they can cook up, can they track it down . Thats exactly what this research seems to suggest that theyre going to be able to do. That they ee going to be able to understand hall like i. It may explain why one model writes one sentence and another writes another sentence and whats driving the different understandings of the nils that its taking in. Well talk to dario about it in ju