Sentiment in about an hour our road map begins with amazons rough quarter, reporting its first yearonyear profit decline in more than two years. Shares down 6 ahead of the bell is now the time for investors to get in plus, turnaround for the chip makers intel delivers a big earnings beat demand far outpacing production. And the case for wealth taxes. What lloyd flablankfein says he be willing to pay higher taxes for. Lets start with amazon, though. Earnings miss, disappointing Holiday Quarter guidance weighing on the stock as the company ramps up spending on oneday shipping amazons earnings release, jeff bezos said, quote, customers love the transition of prime from two days to one day theyve already ordered billions of items with free oneday delivery this year its a big investment, and its the right longterm decision for customers. Weve been down this road before and their track record, jim, historically is pretty good on this yes, i think that theres a perception that they were down
Planned to ask the u. S. Not to impose tariffs on december 15th, 15 tariffs. Not seeing the Vice President s speech Strong Enough to stop the trade progress. Still chinese saying the speech was full of arrogance, hypocrisy as well as lies. Spokesperson for the Chinese Foreign ministry pushing back on the human rights accusations. Turning it around on the u. S. , highlighting income gap between rich and poor, pulling back from treaties and mass shootings. We advice people in the night to take a good look at themselves in the mirror to recognize their own problems, manage their own affairs. Vice president chief of staff made a point directly, to talk plainly to the chinese government, plus tell them that the u. S. Is willing to work with them. I think the Vice President extend ad hand to say we do not want to decouple from china. Were anxious to have a trade deal. At same time, what i think we have seen administrations do, republican, democrat alike. Once we allow china in the world trad
[laughter] maria big show this morning on deck this morning, ohio congressman and member of the house intel and ways and Means Committee member brad is here on yesterdays hearing, darrell issa joining us on new run fur the house, Intel Committee devin nunes on the whistleblower come print and Philadelphia Federal Reserve complaint patrick harper, on Economic Data, backdrop on the economy, we will talk about rates as well, dont miss a moment of it. Top story this hour, whistleblower hearing, Joseph Mcguire sealed question from lawmakers yesterday, intel chief showing some support for whistleblower also had warning for democrats Going Forward, watch. Theres an allegation of a coverup, im sure an investigation and before this committee might disprove that right now all we have is allegation from secondhand from a whistleblower. Maria now weve got the media, New York Times say they know who it is but the republicans want to know who is the whistleblower, maybe hes from the cia, whats your
Trickling out here. We are up by about 1 . Some of the headlines is they aboutstimates coming in . 94. They are going to add two new directors and the ceo will stay through at least 2020. They do plan that revenue was down. It was a tiny bit light versus estimate. They are adding two new directors. The integration is front and center there. The time is now for the global exchange. From london to buenos aires to washington, our voices are on the ground. Lets start in london. The eu agrees to grant a brexit delay until january 31. Lacqua is in westminster. Now what . Francine what we know is Boris Johnson once an election. He wants an election on december 12. Because of the Extension Granted it takes no deal off the table. Whether Boris Johnson gets an election is an unknown. He has various options. He cant just call an election. Either two thirds of parliament is behind the vote. That is unlikely. Thereses a bill that says will be an election december 9. We do have the opposition party,
Big show this morning, joining the conversation fox business dagen mcdowell, moodies capital chief economist john and the brewer ceo, former investment banker and nfl player jack brewer. Dagen good morning. Maria we keep falling the bouncing ball with china story, yesterday when i spoke with wilbur ross played down november 17th when the president will meet with xi jinping to sign the documents and paper it up as they say. Dagen maybe better to set expectations low and theres only one president of the United States. Maria absolutely. Showing progress and hopefully close the deal as soon as possible, i think the market anticipates an end to this particular matter and thats a positive. Maria markets are positive feeling a sense that maybe theres something on the table but markets are fractionally moving. Chinas vice foreign minister and President Trump weighed in on negotiations and talked a bit about potential deal watch. We have a summit in chile or wherever that may be, able to sign a