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Transcripts For CNBC Squawk Box 20170428

Trump about how we could end up in a major, major conflict in his words. Did put some pressure, if you see the nikkei, down about 0. 3 . Same with the hang seng. In europe this morning n some early tlading, things are mixed. The ftse is down by 0. 25 . The cac is up by that much. The dax is up by 0. 10 . With crude oil prices this morning, looks like wti is still below 50. Up 27 cents. Tech stocks on the move this morning. After quarterly reports late yesterday. Lets give around up of whats going on. Amazon eps tops estimates by 36 cents. Saying revenue from the Cloud Business, advertising and Subscription Services helping to drive those results. Alphabet beating the street on both the top and bottom line. Strong ad sales sending profits up 29 , despite some advertisers boycotting youtube. And microsofts ref knew ju revenue just missed consensus. Sales of the Cloud Services platform jumped 93 in the quarter. Last but not least, look at intel. Reporting lower than expected quarterly rev

Transcripts For KQED Nightly Business Report 20170531

Mark for the first time today. Its an impressive feat that only four other u. S. Listed companies share. That puts amazons market value as roughly 470 billion, about double that of walmart. Its more than 15 times the size of target. After hitting 1,000 a share, the stock pulled back just a bit, closing just shy of that mark at 996 a share. But it was enough to put amazons Ceo Jeff Bezos within striking distance of topping bill gates wealth to become the worlds richest man. Tonight, a look at how amazon got to where it is today. Reporter may 15, 1997. Amazon debuts on wall street. Shares were priced at 18 and closed at 23. 50, up 31 . Four years later, during the t dotcom bust, many Internet Companies fold, but amazon weathers the storm. Then came the growth. Amazon rolls out its amazon prime Membership Service and guaranteed shipping. Tens of thousands of people sign up in the first month. The following year, the launch of amazon web services, a secure Cloud Services platform for busin

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