Welcome to squawk alley. Im Carl Quintanilla Morgan Brennan has the morning off. What a morning it is too beginning with major tech earnings four big one, twitter, amazon, alphabet and intel and intels ceo bob swan will sit down with us as we look at potential datacenter recovery, pcs and unbelievable characterization of what china was like last quarter. Yeah, surprising mix, the pull in from people freaked out about tariffs actually had some benefit, sounds like, for the pc business, of course, there were some problems there as well but interesting stock action this morning. Intel actually a bit in the red this morning it had been up as much as 4 , i believe, at the open and near there. Up kit a bit afterhours and amd higher than intel which is an interesting dynamic that ill want to dig into but, you know, beyond just intel, you have lots of different earnings story, people surprised. Google, alphabet had been in the doghouse compared to peers and a lot of people got surprised by the
Street warnings. Citigroup joins jpmorgan in slacking a downturn as Global Sentiment takes a hit. Manus are we all on our way to 2 . Its a most like a shakespearean drama. We cant turn back. 2. 75 . Ld retrace the we have priced ourselves on most oblivion on the probability of a rate cut. The didnt show up last night for the sevenyear option which could be the bond market sending the signal back to the market. A lousy bond auction was almost a welcome reprieve. James gorman says he will meet hard data, hard facts for the fed to move. Lets have a look at some of the other at risk markets. , 25 basis point cut on that market next week. The dollar is slipping this morning. They cut their target on the aussie to 65 from 70. You will see 1 by the end of the year. The dollar index, we are off of a fivemonth high. The risk is a major escalation. We could trip over ourselves between china and the u. S. Into a real escalation. That is the risk we must fend off. Nejra theres a fair amount of glo
Should be able to buy directv. All of that ahead on bloomberg west. First though, we are talking about amazon, out with a much better than expected quarterly report, revenue jumping 20 and returned a surprise gain of . 19 per share. Analysts were expecting a loss of . 14 per share. They have efforts to lure more customers with amazon video. Right now, shares a rub 17 . With us from new york the senior equity strategist for amazon and the Vice President of Media Ventures and from seattle, our guest from a joint Venture Group and an amazon investor. Matt lets talk about what is happening with aws. Matt they are just rocketing. They are one of the most profitable, if not the most profitable section of amazon. You saw them at 23 billion for the quarter and they are just making progress. Emily david, i want to bring you in on some of the things were seeing with online video. Transparent was a big hit. Are we seeing that replicated . Guest i wish they would show the numbers of how many subsc
Youtube would have been crushed without google. I bring you highlights from my studio 1. 0 interview. All of that ahead on bloomberg west. First though, we are talking about amazon, out with a much better than expected quarterly report, revenue jumping 20 and returned a surprise gain of . 19 per share. Analysts were expecting a loss of . 14 per share. They have efforts to lure more customers with amazon video. Right now, shares a rub 17 . With us from new york, the senior equity strategist for amazon and the Vice President of media ventures, and from seattle, our guest from a joint Venture Group and an amazon investor. Matt, lets talk about what is happening with aws. Matt they are just rocketing. They are up 80 yearoveryear. They are one of the most profitable, if not the most profitable section of amazon. You saw them at 23 billion for the quarter and they are just making progress. Emily david, i want to bring you in on some of the things were seeing with online video. Transparent wa
Youtube would have been crushed without google. I bring you highlights from my studio 1. 0 cofounder chad hurley. All of that ahead on bloomberg west. First though, we are talking about amazon, out with a much better than expected quarterly report. Shares surgery surging. Revenue jumping 20 and returned a surprise gain of . 19 per share. Analysts were expecting a loss of . 14 per share. Amazons secondquarter sales also got a lift from its Cloud Computing business and efforts to lure more customers with online video, plus faster delivery of amazon goods. Right now, shares are up 17 . With us from new york, the senior equity strategist for amazon and the Vice President of screen media ventures, and from seattle, our guest from a joint jonah Venture Group and an early amazon investor. Matt, i want to start with you. Lets talk about what is happening with aws. Matt they are just rocketing. They are up 80 yearoveryear. They are one of the most profitable, if not the most profitable section