Countdown. United states what a surge after hours. Stellar techhad earnings. Marketlion added an capitalization to amazon, microsoft, alphabet is the Parent Company to google. Being carried over to america. Lets check in on those tech moves. Amazon really did add a phenomenal amount. I have the afterhours trading of amazon, up 11 . That is now making jeff bezos, the chief executive the third wealthiest man in the United States. After bill gates, and of course warren buffett. All of the moves coming afterhours. Now we have to check on asia. We know that they have been following the market. Rebecca has everything for us. Walk us through it, the warm breezes coming from the ecb, potential to stimulate has been helping the equities. Zeb you see that green on your screen, the asiapacific index advancing. Take a look, this is something unusual as of late, the entire map its showing green is showing green. That gives you the indication that investors are optimistic. They are taking on a bit of risk. 225 rallying 2. 3 . The hang seng up 1. 5 1. 25 . The jakarta market, all advancing on the prospect of additional stimulus. We are closely watching the ecb. We will be watching of course what is happening in the asia pacific with central bank action. Wilby boj stood like the market . Will the boj stimulate the market. We have 39 out of 70 major cities of the chinese the Chinese Government monitors posting rice gain price gains. That tells us the stimulus efforts are helping the economy. The Housing Market very important because people invest in it. Property shares are leading on the upside. Of the Property Company has big business in china. Youre seeing oil shares. Businessge china shares are up 3 . The macau casino stocks remain under pressure. There is a 1 drop for galaxy entertainment. As we look across the asiapacific, and back to london. Amazing with more than half of those china home sales improving since may. That is falling on the back of u. S. Data. Lets talk about markets closer to home. Equities rallying across europe. Draghi says he left investors little doubt he is ready to employ stimulus to boost economies. Now the prospect of more qe saw the euro dropped to seventh against the dollar. Mr. Draghi flagged the Downside Risks to growth. Mario draghi well your area of domestic demand through test concernsesilient over Growth Prospects in emerging market, and possible repercussions for the economy from developments in financial and Commodity Markets. Continue to signal Downside Risks to the outlook for growth and inflation. The degree of Monetary Policy accommodation will need to be reexamined in our december meeting, when the new euro system microeconomic projections will be available. The governing council is willing and able to act by using all of the instruments available within its mandate, further lowering was discussed. It is one of the instrument of Monetary Policy that i referred to when i said all instruments have did the been discussed. There were a few members of the governing council which hinted at the possibility of acting today. I will not say it was a prevailing theme of the discussion. Lets bring in jon ferro. The euro, biggest move in nine months. Jon ferro if you with a gauge of how dovish a News Conferences, you watch the News Conference at another screen with eurodollar, literally as soon as he opened his mouth, Downside Risk to growth inflation, the euro goes lower. Negativesed the deposit rate, even more negative from the. 2 it is now. Some members wanted it now. Going into it, the bar was high. It was a matter of when, not how. Now it is a matter of what. Caroline the lending data was out earlier this week, better than expected. This is more dovish than had been on the cards. They have this quandary, december the sixth is before the fed meeting in december. Will they release to be late before that . John wayne i think they will john boy i think they will. They are looking at the asset purchase program. September, replac it with another date, or drop it altogether. He focus on the negative deposit rate a lot of people thought they were done it might. 2 . It seems they are not done. Experiences of the of some of the scandinavian countries, there is almost no floor for the deposit rate. They can take it much lower. A lot of people think december is a matter of what they will do at that meeting. The bar with high going into this one. Caroline talk about the floors the german two year rate, record low. Jonathan by forget that, the italian with the negative yield. We are below 100 basis points now. Ferro i dont know how much further in it can go. I have been proven wrong again and again. Caroline more cheap money for longer. Thank you. All across every word that mario draghi others. Others. Home prices in more than half of the 70 major cities monitored by the government are accelerated. It is a sign that Interest Rate cuts and other stimulus measures are finally taking hold . We are joined by beijing bureau chief. This data seems to be the First Time Since may we have seen more than half of the home prices rise across the city. Change in the outlook for the chinese economy . Guest it is such a rare bit of good news for the chinese economy after so many months of bad data. It does change the outlook a little bit because the property sector accounts for about 15 of gdp. In a lot of ways it really is the beating heart of chinas economy. Very encouraging may have targeted the property sector in some of their simulation efforts, including cuts to mortgage requirements. Yes, a positive sign, indicating that still is measures are working at the same time however, there are still some problems very Serious Problems in the property sector. A huge supply overhang. We need to see how serious this turnaround is. Longlasting the impact on the broader economy will be. Caroline it is interesting today. We are seeing equity markets in asia in the green, apart from the likes of the csi 300 and a shanghai composite. Is it a question of good news and data is bad news for future stimulus . Next nick i think there is very clear expectation across the board there will still be stimulus. Interest rate are very high come over 4 , compare that to the United States. Also the reserve requirement, the amount of money that banks are required to hold in reserve is high. If you look at the government had her last times they have been intervening has been every two months. We are now at that moment. There is still a high expectation that we could get a new stability measure in the next coming days. Caroline the central bank will go next. Thank you very much. Lets take a look at some of the data we are watching for the rest of the day. We of course give those euros and pmis this morning. France at 8 00 a. M. U. K. Time. Expecting a slight deterioration in french pmi data. It is still about 50. Germany,e likes of eurozone pmi data to the clock a. M. U. K. Time. We then get retail figures from italy. Well hear from cindy chief hi chiefe later fend executive later. , the 19ountdown billion Silver Lining amazon, google, microsoft search with their cloud business. What a move. Jack dorsey gives a third of his twitter stock to the companys employees. Stay with us. Caroline welcome back it is 6 14 here in london. Here are the stories you need to know this morning. Asian stocks and currencies have jumped on the prospect of more stimulus from the European Central bank. U. S. Tech earnings and rising chinese home prices have helped with that. The fed has for its longest streak of gains since april. Former secretary of state, Hillary Clinton has defended herself to congress about whether her department provided sufficient security to diplomats. She was being can questioned over the 20 12 attacks that killed a u. S. Ambassador and three other americans in benghazi. Faced tough republican questioning, but said she accepted responsibility. Hillary clinton i would imagine i thought more about what happened then all of you put together. I have lost more sleep and all of you put together. I have been racking my brain about what more could of done been done come or should have been done. Caroline Lloyds Banking group will probably take enough a further one billion charge. It will undermine efforts to clean up the bank of the as the u. K. Government prepares to sell shares to Retail Investors. Their thirdquarter earnings are due next wednesday. Took center stage and after hours u. S. Trade. Trades. Google, amazon, and microsoft earnings eating estimates. We have a plethora of good news. Reporter it was a over day for technology. Lets start with amazon thirdquarter sales surprise profit. What was driving this a number of things. Fastgrowing Cloud Computing. Also a boost from july prime day promotions. Also the company kept a watchful eye on spending. The shares are now up 82 . After hours they jumped 11 . Bezos isd off jeff the third richest man in america. Google thirdquarter sales and profit a beat as well. Add cliques up 23 . And theyb traffic, managed to keep cost under control. The other thing they announced for the First Time Ever was a 5. 1 billion Share Buyback. What is interesting that is not a precise number. He precise number is the square root of 26. I have not memorized that. There are 26 letters in the alphabet. That is now the new holding company. It will be in the next set of results in the fourth quarter. The main Google Business is separate from alphabet other ill bets other ventures. Profitst First QuarterBeat Estimates. This is on growth in cloud service. The Company Announced more jobs would be cut. Caroline not knowing the square root of 26 by heart, how could you . As you mentioned, growth in the cloud seems to be an ongoing theme for all of the companies. Reporter that is right. This is the theme tying together all of these company earnings. These data centers capable of bringing a broad range of services at low cost. It means that these companies are becoming centers of Computing Power to another group of growing Companies Looking for lowcost. Cloud, we have talked about this before, the shift from hardware to the cloud. What this did for the three stocks together they added more than 90 billion. A staggering number. Caroline making jeff bezos the third wealthiest man in the u. S. We know the first earnings from googles new holding company, alphabet, Beat Estimates. Paid launching a new Subscription Service that could namedflix, dumped youtube red. The man in the know when it comes to technology, give us a sense. Guest the numbers were outstanding. The key here was the top line growth was about twice 6 26 . That post about some of the concerns these Technology Companies may be subject to. They slowing going on in the broader economy really not the case. Caroline even though we are , theyg at mobile far more are managing to ramp up the amount we are clicking. Is always this tradeoff between a number of cliques and price per click. The price per click was down 11 . The volume was up substantially. Caroline tell us about the clever ways they are growing the business. Of course they have rivals. They are being more adept when it comes to the youtube offering. Is this the way you want to see google diverse . Diversified . To moveey have managed an enormous base of business is a Large Company to mobile. Perhaps the jewel in the crown is youtube, they have over one billion users now. Theyre looking for alternative opportunities for revenue like subscription. Rumor theythere was were looking to raise prices by double digits. It is an extremely strong offering on youtube. Caroline what about the new ceo. There has been his lip service and action taken to show they are trying to be more disciplined, potentially. They are showing us how the business really works, taking out the exciting endeavors like self driving cars and google asked and putting that aside and showing as google. Are you impressed by the fact that they are trying to bring transparency . Mark on the Conference Call last night, they talked about getting Greater Transparency to the core Google Business. Maybe when we get those new numbers we will get a breakdown within google. Perhaps we will see more youtube numbers and see how that is doing. In principle, the key here is by splitting court google c ore google, we may see their earning 55 a share against another number of 38 or so. It is easy to value the business at a higher level than perhaps it has been in the past. I think the new ceo is putting on Greater Transparency. Caroline amazon, bringing profit once again. Is that the way that jeff bezos is going, he too can be disciplined . Mark and i think it was interesting on the amazon Conference Call last night they talked about cost discipline. That is something they do not talk about a great deal. I think the cost discipline is almost implicit. They areis so big, still investing heavily, but they cannot invest more. They are getting massive leverage. Perhaps the key number to take away is within the net north american business, they had a 3. 5 breaking launch, the market was looking for 2. 5. Caroline i remember speaking to to view years ago, you said it was all about amazon. This year and it has come to fruition. The cloud is behringwerke fruit behringwerke fruit. Basically we have become assessed with amazon when it comes to ordering goods. Real do you see amazons Growth Potential . Mark amazon is the key disruptor. They are driving at all of the right kind of opportunities. The cloud is going to be huge. Google, on their Conference Call so that everything will move to the cloud overtime. I am a strong believer in that, as is amazon. The Amazon Web Service business could be generating maybe 10 billion after twice 17. It is still growing. Caroline 78 wasnt. Wasnt it. Mark that is a big company. There is no Software Company that comes close to the growth rate. You could value the business. Ante frankly, you could get evaluation close to the entire amazon market cap, just looking at a web Service Business optimistically. I think the opportunity is exceptional. Caroline great to have you on. Mark horton, the investment director. Stay with us on bloomberg for more text coverage. We will be speaking to none other than the former chief executive of microsoft at 1 00 p. M. U. K. Time. It will be interesting to get his take on the company. Chancellor merkel has called for solidarity in europe among the refugee crisis. Merkel the migration crisis is a great crisis that europe faces. We will face it was solidarity. We must continue to talking. We must not continue to be in isolation. We can do this together, i am convinced. Caroline hans nichols is in berlin. Is increasingly strange strained. Well merkels rallying calls the welcome . Be welcome . An emergencyd summit is on sunday. He said he did not expect a resolution anytime before christmas. This will dominate discussions as far as leaders can see. We also heard from victor organ, the premier and hungry, he seemed to suggest the very foundation of the eu was at stake. Can this issue will determine the future of our political family. We are in deep trouble. Is able toon crisis destabilize governments, countries, and the whole european continent. We need a strong, clear cut answer, tame timetable, and action plan of epp. Hans that summit in brussels, that will be the 20 up summit in brussels this year. With either finance leaders or leaders. You look back and you have had eight or nine in previous years, we are 10 months into the year. Caroline 20th meeting. Thank you. Before we go, we will be back after this short break to give you some of the volvo airings earnings. eeeeohmumohweh hush my darling. dont fear my darling. the lion sleeps tonight. hush my darling. man snoring dont fear my darling. the lion sleeps tonight. woman snoring take the roar out of snore. Yet another innovation only at a sleep number store. Caroline welcome back to countdown. Here are the stories you need to know this morning. Asian stocks and currencies are up on a prospect of more stimulus from the European Central bank. That is an estimated u. S. Tech earnings and rising chinese home prices. Microsoft shares rose to a 15 year high in extended trades. This is after they Beat Estimates and the physical Third Quarter. At 4. 26ncome came in billion. On improvingocused Cloud Services and subscriptionbased Office Products. The pc market want. Slumps. They announced they would cut jobs. The twitter ceo is giving a third of his stock to employees. Jack dorsey announced the move in a tweet, two weeks after he took charge. The shares amount to about 1 of the company. They are worth about 200 million. The move may be a bid to boost morale after recent job cuts. Lets get you some breaking news. We did have numbers coming out of the volvo a moment ago. We can see the numbers are looking interesti