Amazon big quarter josh lipton live in san francisco. Besides the bottom and top obviously investors concentrate on the q 4 guided are guidance light. Between 86 and 86. 5 billion. Obviously for investors thats critical q 4, the Holiday Quarter dy just have a call with amazon cfo brian osafe ski. There are onetime items he mentioned weighing on q 4. He mention add consumption tax kicking in japan, from 8 to 10 . That created prebuying in september having a net negative impact in q 4. But the central question for investors is going to be the bottom line guidance well below what the street was looking for. On the call he fielded a lot of questions about that is it all oneday shipping he made it clear they are in investment mode and do believe where they need to be. They believe there is cost in the short run. He believes thats where amazon needs to be and there is evidence he says its paying off. Good increase in purchase behavior from prime members. Theyre buying more products, more oft
We talked to her about a guaranteed minimum wage, a free college education, and a full transition to renewable energy. To the marketst where Ramy Inocencio is looking at the latest. For when im presented implement rate, things are looking good. Near session highs. We are seeing the s p as well as the nasdaq on pace to close at record highs with a couple of hours left in the trading session. The dow was up by 166 points or so. It is still off a record highs, but this is where we stand. This is where we were going to be headed in the next few hours, unless something crazy happens. , the pop into the imap s ps 10 sectors in terms of health. Financials that the biggest bump , thats how it has been all day. 1. 7 is where we stand right now of Information Technology up by 1. 2 . Consumer discretionary stocks in third position, 1. 1 . We are seeing utilities at 1. 3 down. The biggest laggard in six weeks. We know why financials are up. Lets take a look at my Information Technology is up in te
You can watch the debate starting at 8 30 new york time. Results from sunday the municipal elections in brazil are indications the Workers Party will not be competitive in the 2018 elections. Im mark crumpton. Forlet im scarlet fu in emily chang. This is bloomberg west. Stick costello says advertising is not twitters only means of revenue. China has dj has been selling drugs to professional for years. The gopros ceo ways in. Can Companies Gain from digitizing the supply chain . We will discuss it with the former ibm ceo. First to our League Facebook wants a rematch with craigslist. Marketplace allows users to post items for sale. The social networking site started a Similar Service in 2007 also called market lace. Facebook sold the business to another company. They are entering the space with the likes of craigslist craigslist. Joining me from San Francisco is Bloomberg News reporter, sarah frier. Name as its first iteration, so what has changed . What has changed is most users are on
Mine and yours, were working hard and paying our fair share, he was contributing nothing to our nation. Mark clinton addressed claims from the Trump Campaign that he was a business genius, saying what kind of genius loses a billion dollars in a single year . The Vice President ial nominees will meet in their only debate tomorrow in farmville, virginia. You can watch the debate starting at 8 30 new york time. Results from sunday the municipal elections in brazil are indications the Workers Party will not be competitive in the 2018 elections. Im mark crumpton. Scarlet im scarlet fu in for emily chang. This is bloomberg west. Stick costello says advertising is not twitters only means of revenue. Is gopro china has dj has been selling drugs to professional for years. The gopros ceo ways in. And what can Companies Gain from digitizing the supply chain . We will discuss it with the former ibm ceo. First to our League Facebook wants a rematch with craigslist. Marketplace allows users to post
This is antisnob stuff. The rich types dont use it. But priceline is the google of all things travel and all things eating too. I still want priceline to buy yelp, another stock. But the reiteration of priceline is beating, it keeps beating the numbers. Almost every time a report it gets hammered how many times have i told you to buy it when it gets hammered . You have to. Make no mistake about it. Its both a travel play and the online reservation system for all the frugal shoppers out there. It explains the gain over the ten years since googles become public. Theres one stock im hammering you not to trade, just to own. That stock is apple. Up 4485 in the period since google became public. I say just own it. Because wall street plays this quarterly parlor game i despise. Each time acting as if its going to live or die by some 90day period. The analysts upgrade, downgrade on iphone count. Apples overall performance shows how ludicrous that kind of notion is. Thats not how you judge appl