Ecommerce growth that even as they do sends some other packages out through u. P. S. , fedex, logistics and others the vast majority, Something Like twothirds of their packages go the last Mile Delivery to peoples doorsteps through the Postal Service back over to you. Sometimes Postal Service delivers on sunday specifically for amazon, several years ago. Thanks, morgan. Lets talk about this. Are the president s attacks on amazon a sign of bigger issues ahead for the company . Donald, and dave are both with us. Welcome to you both. Tom, you think a strong argument could be made that amazon is getting a sweetheart deal here right . I definitely think if you look at the research ive read, theyre getting as much as a 1. 46 subsidy on a perpackage basis. I do think in the case of the u. S. Postal Service Amazon is definitely getting a sweetheart deal, yes. Donald, what about you . Well, absolutely. You know, the bottom line is the post office is subsidized its Parcel Delivery through its fi
Terranova. He plays a great guitar . Its called the mr. Wonderful. Its built by fender i was a shareholder in fender for years and i made no money. Joe, was he actually playing the guitar he was. This wasnt a milli vanilli situation . No. No billy gibbons, the zz top guy, who im in awe of as a rocker tweeted me and said hey, hey, not bad, but youre leaving a little on the e chord. Hes an investor he watches cnbc. This is good. Joe, were excited to have you. Thank you for getting up early on a holiday week. The last day of trading for 2017 lets tell you where u. S. Equity futures are. Theyve been negative throughout the morning. S p is the only average that would open in positive territory if it were to open up now, up by 3 points overnight in asia, final trading night of the year has come and gone largely mixed. The nikkei slightly negative hong kong positive as well as shanghai 2017 finished off with a gain of nearly 20 for the nikkei. Look at that 19 year to date look at crude. Weve
Damian theres blue dream, gorilla glue, sour banana, green crack. Lemonis why do i think green crack is more potent than sour banana . Medical marijuana has been legal here for years. But now, the game changer proposition 64. Woman marijuana is now legal in california. Lemonis soon, any adult will be able to buy weed. Did the vote passing increase the odds of you becoming a billionaire some day . Adrian absolutely. Lemonis my name is marcus lemonis. On my show, the profit, i invest my own money in all kinds of companies. Everythings going to change. Everything. And help turn their fortunes around. Marijuana isnt my thing. Ive never even considered investing. Is the business easy for you . Andrea hell no. Theres nothing easy about this industry at all. Lemonis but the market here could reach 6 billion, and thats impossible to ignore. Adam we have this opportunity to create onceinalifetime, multigenerational wealth. Lemonis the risks are huge. Youre in a room filled with what the federal
Happy new year to all our viewers. Lets look at markets this morning. Coming off a bright session in asia, less bright in europe. Were mixed here the nasdaq slightly lower. The dow and s p slightly higher. We had a selloff to the end of trade last week, last year as well and that meant that week to date we had slight declines in the u. S. , but clearly still gains for the month, the quarter and the year Consumer Discretionary, the best sector for the quarter and tech the best sector for the year tenyear treasury, saw lower yields close to 2. 5 on the tenyear but ended very close to 2. 4 again, which is where we are now. 2. 43 . Lets look around the world starting in asia and see where equities ended up. You can see mostly higher for china. The hang seng higher by 2 shanghai up by 1. 3 . The kospi higher by a half percent. Better than expected data that we got out of china. Thats helping a bit here. The nikkei was just slightly lower for that session thats despite what we heard out of n
Closing alley, you could call it im thinking about the lyrics in the song, g4 pilots on a firstname basis did you catch any of that . I did, dont ask me to explain it joining us this morning, raul sudd, ceo and founder of unicorn and ed lee, managing editor of recode welcome to both of you on this first trading day of the year, we asked you both to come with your 2018 tech predictions, from deals, ipos, and, yes, bitcoin and cryptocurrencies lets start with you you have some predictions in media. Media, tech and media thats my favorite topic, because i feel like tech has been sort of dipping their toes in the media water for years media, by the way, they see this threat coming for a long time and they are acting much more quickly and decisively, more dramatically with the tieups. You have at t and time warner, disney and fox whats coming next . Heres the thing, i think the next big step is for amazon in particular and possibly facebook and apple to take a deeper look at, you know what,