For those two companies, it was a tale of two different big tech quarters alphabet has certainly been the laggard this year. Underperforming not just its big tech peers, but the nasdaq amazon has been a standout, 70 gains. Alphabet had a low bar and amazon had a high one. Did they deliver we can look at a number of metrics, what i want to drill down on particularly is cloud. These are the companys newer growth engines cloud numbers came in only in line with expectations revenue up 29 year over year. Love large numbers but google cloud, revenue was up 45 and now the company is going to break it out as its own segment. Have a listen to what was said last night. Given the progress we are making and the opportunity for the cloud in this growing global market, we continue to invest aggressively in our gotomarket capabilities and extending the global footprint you will see information about the scale of our investments so investors are going to be able to see exactly how much google is inves
The dow industrial average, remember that apple is a dow jones stock. This loss 220 points roughly at the opening bell, that wipes out yesterdays game. Smp on the downside and nasdaq down about 1 . The loss they are because of tech stocks. The virus is also a negative with severe restrictions on travel and businesses in france, italy, germany and spain. Their resurgence has a stalled not good for us. Youre at home a record i think 882,000 new cases reported yesterday and restrictions are spreading, thats not good for this market. Four days till the election and even joe biden is picking up the pace going to three states today come i will, wisconsin, but will he answer questions about hunter maidan repacking the Supreme Court or the influence the socialist have on his campaign . Politico quoting three sources saying Elizabeth Warren wants to be and is the front runner for treasury secretary. The president goes to three states as well, michigan, wisconsin and minnesota as he frames the e
Nascar drivers Bubba Wallace and denny hamlin tell us about their new venture with basketball icon Michael Jordan. First, todays eye opener. Its your world in 90 seconds. Right here in florida, its up to you. You hold the key. If florida goes blue, its over. The candidates are making their final push in key battleground states. You have to get out and vote. We are creating the greatest red wave in the history of our country. A Louisville Police officer who was shot during the raid that killed Breonna Taylor is countersuing taylors boyfriend. The law is not on their side. The facts are not on their side. It just felt like the windows and roof was going to come off. Gulf states are recovering after getting slammed by hurricane zeta. I have no lights. I dont know how long ill be without power. Trevor lawrence has tested positive for covid19. He will miss saturdays game against boston college. All that with all eyes on zeta, that young storm chaser gave a Weather Report right on his porch.
Employees. Weve got those details. But first we start with some breaking news. The electoral vote count stands right now at 227 for mr. Biden and 213 for mr. Trump. And we still have eight uncalled races. In wisconsin, which is still too close to call, biden holds a narrow lead of just 20,000 votes. Well within the margin of error there. Well within the drift that lets the president call for a recount. The Campaign Says they will immediately do so, request a recount. Another place biden holds a narrow lead, thats michigan thats where we find Brian Sullivan in grand rapids any update on this very close race reporter yes, and no how do you like that im like an economist on the air. Im going to give it to you both ways heres where we stand right now. Heres the reason i answered that way number one, heres the count 94 of michigan has come in. Its that last 6 that is the issue. Now, youve got joe biden who is up by about 45,000 votes right now. To your point, there are far more outstanding
Retailers feeling zeen netflix drops in earnings after mitting their mark netflix shares plummeting reporting its biggest earnings since it went public it was 19 short of expectations netflix all important was anticipated. Looking ahead to next year, netflix is looking at tough comparisons. Sorry hopeful ho a note the ceos saying in their letter to shareholders that they remain healthy and engagement per member household was up solidly. That was key that means they shouldnt see any downturn with a growing number of other players, including disney, net flicks has its video call and it starts in about an hour. Julia has the latest. With that call getting under way in about an hour we are in the zone we have the stock reaction, shareholder letter is all we have to trade on one highlight to me, tim, was that they expected it. They talked about it before, that there was pull forward from the back half of the year. Why are we so taken aback here because it is a growth story and priced to per