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Transcripts For CNBC TechCheck 20220729

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 ....

Eastern Well , South Australia , San Francisco , United States , Carl Quintanilla , Instagram Meta , Jeff Bezos , Bertha Coombs , Eunice Yoon , Frank Collin , Anthony Wood , Steve Kovac , Tim Cook , Consumer Spending , First Half , Half Year , Second Half , Story Line , Apple Microsoft , Walmart Walmart , Different League , Growth Business , Kovac Company , Company Expects , Huawei Iphone , Efficient Company ,