Other advertisingbased names like werner, disney and the growth broadly. Tgif what an epic week. We start our show with amazon shares they are surmging after reporting better than expected q2 results painting a bright picture against the macro back drop. Basic Consumer Spending has remained strong. Management adding overcapacity concerns something that dragged down the stock in the first half of the year are now being solved. They do warn, however, inflationary pressures remain and could be strong in q3. A negative on the quarter, amazon taking a 3. 9 billion hit on its investment in rivian which resulted in 2 billion but there was a 12 billion gain a few quarters earlier this is basically the ceo saying, he knows this playbook he watched jeff bezos, figure a lot of the stuff out amazon went from one of the worst performing mega caps this year to maybe in the best position for the second half of the year and i have to give you credit when a lot of the street was getting bearish on the
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