Welcome to squawk alley this friday morning. Kayla tausche and mike who is here to talk about a number of things, including amazon who is posting the most profitable quart quarter, and sales are up 64 to over 2. 5 billion and jeff bezos has seen the net wealth jump 6 billion in 20 minutes, and also joining us is ben schacter over at mckwor rare ri, ckwory and wt who said that if you want to beat margins quarter to quarter, it is best to go somewhere else, because it is hard to know who is going to come out better than expected. Yes, and they will come out once in a while, and then say, hey, we have insanely profitable businesses, including aws which is this Sleeping Giant that everyone is sort of woke up to last year when they started to show it off. It is really, you know, they prove, and it has taken a long time the train the street to let amazon do this sort of thing, but now it is seeming that they are fine to do it. And ben, what surprise d me s that everything outside of aws, and
Of data on the docket. Building up to fridays jobs report, today we have december auto sales. Tomorrow, its ism nonmanufacturing and factory orders. Wednesday we get the adp. And well have International Trade and minutes from the last fmoc meeting. And thursday the initial claims and the friday payroll report. How are traders viewing 2015 . So far with a slant to rise 8. 2 this year. The big drivers they are looking at economic expansion and earnings growth. Oil prices dominating the market this morning with wti and brent losing half their value since mid2014 with prices falling to 5 1 2year lows this morning. Among the headlines, iraqs oil exports were at the highest level since 1980 last month. Also, we can tell you the new congress meets this week and the incoming chairman of the Senate Commerce and Transportation Committee says a gas tax is on the table with them not rising since 1993. I dont, joe, drive, but i think 18. 4 cents per gallon for unleaded. I think its 24. 4 for diesel
Civil war. The investor and founder. Thank you for joining us. How do you feel about the word russian mark about the word . I love the word. At least people will remember you. You were born in sri lanka. The civil war broke out between the hinfdu minority. Both of my parents are buddhist. My dad was in the civil service. He was able to insinuate himself to get posted to the Canadian High Commission the sri lankan High Commission in canada. We emigrated. Emily had the war started . The war started. My dad talked about being a communist organizer. There is pushed back from the government. There was a lot of pressure on my father to the point where we could not reasonably return without his or our life being in jeopardy. We filed for Refugee Status and the government gave us Refugee Status. We stayed and life as we knew it stopped and we had to start all over again. Fast forward and i am here with you. It is not supposed to turn out this way. It did. Emily did you go from being fairly wel
Joining me today on studio 1. 0, thank you so much for joining us. How do you feel about that word, incendiary . Guest do these people will remember you. Emily you were born in sri lanka, what was the state of the country . Guest i was born in 1976. The war broke out between the ethnic minority and the buddhist majority. My dad was in the civil service, my mom was a nurse. My dad was able to insinuate himself to get posted to the Canadian High Commission to the sri lankan High Commission in canada. We were 61 myself, my sister and myself broke out. My dad was a communist organizer. There was huge pushback. There was a lot of pressure on my father to a point where we just couldnt reasonably return to sri lanka without his life for our life not being in some shortage of pretty. So, we felt for refugee status. The canadian government out of the goodness of their hearts gave us refugee status. It is probably not supposed to turn off the tray but it did. Emily did you go from being fairly w
Republicans are doing this for purely political purposes, not on principle. So clearly they are listening. Which is why nearly half of the democrats who regained control in congress in 2010. Mark murray has been living and breathing these poll numbers. Americans are speaking loud and clear about the shutdown but Senate Republicans were otdly quiet after the meeting with the president today. Well, one reason why is that at the end of the day, this is going to come down between the white house and House Republicans. The Senate Republicans, many of them have been fuming privately. Weve seen a lot of blind quotes from them. But there hasnt been a lot of pressure because the ball game is in the House Republicans corner on how to move forward when it comes to the continuing resolution to end the Government Shutdown and also to raise the debt ceiling. That said, we did get some type of sound from susan collins, republican senator from maine. She was saying how todays meeting was cordial and e