The attention to spend, and maybe most bullish of all, prime pe penetration. They reached a record high level. We think globally they started around 150 million subs. We think they will exit this year doclose to 100 million sub. When were more bullish we will raise the price target how sticky do you expect that model to be based on the research you said some of those satisfaction results among consumers have come down a bit yeah, it is an issue we first saw it clipped down in our survey work, and why would satisfaction be falling and slipping at amazon it used to be high 80 of customers described themselves as very satisfied. That number now is in the high 60s. We think near term there was probably disappointment around covid disrupted deliveries i am worried they have increasingly put more and more vendors on the sight and they have sacrificed quality for selection. So those are some issues, but in the next five to ten years they need to get the satisfaction scores higher. Good mornin
Today cleanup efforts are underway after things turned violent sunday night with tensions flaring up between protesters and police and stores being looted in many of those major cities including right here in washington d. C. From zach is live outside of the white house for us the protesters so fair whats it looking like. A woman all im actually standing in the middle of all these protesters about 20 minutes ago protests were just right actually at the friends here where they met face to face with actually Police Officers they met with u. S. Park police they met with d. C. Metro police along with the National Guard now this is why President Trump is calling on state and local leaders to get tougher on protesters unloading on governors just an hour ago calling them weak now as for d. C. A curfew was put in place from washington d. C. For tonight at 7 pm but last night the curfew was actually at 11 pm now i want to know you that we want to apologize if you already upset absurdities becau
G20 summit this weekend. Our eyes are on two of them. The United States and china. President trump and xi jinping face a trade war. The talks may be at the conference in japan or in beijing. Vm wares operating officer is back from china where he hosted the for rem, pooden is joining us right now. Sanjay pooden is in charge of all of em. I want to go in with you on your most recent trip to china. In the hotel bar, you are talking for those who work for your company and those who dont. What are they saying behind closed door . Yeah, thanks scott for having me on the show. I think it was important that the executive theyre getting a sense of whos going to show up here. I went there to reassure our employees and then partners with customers that we are committed to our customers there. It starts with that. Well, we got to comply with u. S. Law which affects certain partners. There is a vast number of other partners that we want to reassure. Tell me what you want to reassure them. I am talk
Dow still 25 points shy of those levels. Six Straight Days six great sessions with the s p 500 climbing following last weeks plunge of 1 . It has come back, and then some from those levels. One of the things limiting what would be bigger gains is the price of oil, following the opec ,eeting with oil down 4. 2 below 50 a barrel once again as opec extended the production cuts but not for a full year, rather nine months. There was optimism that had been percolating that it would be longer. Oil shares today, they pulled back with many drillers and Oil Services Companies taking hits, transocean and marathon on this list. Stocks are higher today, not lower or being dragged down by these energy shares. Consumer discretionary a strong group, best buy is trading at a record, up 22 in todays session after the Company Comparable sales unexpectedly rose in part because of mario and the sales of the Nintendo Switch with Sears Holdings trading higher after the Company Reported its First Quarterly pr
Dow still 25 points shy of those levels. Six Straight Days six great sessions with the s p 500 climbing following last weeks plunge of 1 . It has come back, and then some from those levels. One of the things limiting what would be bigger gains is the price of oil, following the opec ,eeting with oil down 4. 2 below 50 a barrel once again as opec extended the production cuts but not for a full year, rather nine months. There was optimism that had been percolating that it would be longer. Oil shares today, they pulled back with many drillers and Oil Services Companies taking hits, transocean and marathon on this list. Stocks are higher today, not lower or being dragged down by these energy shares. Consumer discretionary a strong group, best buy is trading at a record, up 22 in todays session after the Company Comparable sales unexpectedly rose in part because of mario and the sales of the Nintendo Switch with Sears Holdings trading higher after the Company Reported its First Quarterly pr