The tech giants in the us are dominating the business agenda today. Jeff bezos is stepping down as amazons Chief Executive. The Online Retail giants founder will move to become the compa ny s executive chairman. He will be replaced as ceo by andy jassy, the current boss of amazons Cloud Computing business. And this comes as the firm reported 386 billion in sales in 2020, thats up 38 on the year before. Their profits almost doubled, rising to 21. 3 billion. So whats been the reaction to the news bezos is stepping to the side, and what do we know about the new boss . Duncan howe is e commerce strategist at cheil uk, which is a Digital Marketing and advertising agency. Duncan, welcome to the programme. Executive chair man still means he will have a lot of control and very much involved in and is on, but it is the day to day responsibility. What do you think about this move . I responsibility. What do you think about this move . I think it is a bit of think about this move . I think it is
Important stocks trade between now and the end of the year. Yes, unfortunately the stakes are that high. Let me say after today, the dow jumped, nasdaq. 23 . We know for certain, no more doubting this earnings season is turning out to be an incredibly bright one. This morning on squawk on the street, carl, david and i were going over this remarkable advance to alltime highs and carl ticked down all the bricks in the wall of worry. That this market has had to climb the debt ceiling, standoff, so many others. But it keeps going higher. And the reason why, the earnings. The earnings per share. We got glowing numbers from chipotle, google, schlumberger, general electric, food, tech, oil service. Thats on top of the amazing financial numbers from capital one, American Express with the exception of ibmi this has been, im going to pronounce it, the best earnings season i can recall in years. It is my hope we get a downdraft. Only because i dont like to chase it after this weeks performance, w
Important stocks trade between now and literally the end of the year. Yes. Unfortunately, the stakes are that high. Before i get to next week, though, let me just say that after today, where the dow gained 28 points, s p climbed. 58 , we now know for certain this earnings season is turning out to be an incredibly bright one. This morning on squawk on the street, carl david and i were going over this remarkable advance to alltime highs and carl ticked down all the bricks in the wall of worry. That this market has had to climb, the sequester, the spiking Interest Rates, the government shutdown, the debt ceiling standoff, so many others. But it just keeps going higher. And the reason why, the earnings. The earnings per share. Consider the fabulous Earnings Reports from the last 24 hours alone. We got blowing numbers from chipotle, google, schlumberger, general electric, food, tech, oil, service, the industrial. Plus on top of the amazing financial numbers we got this week from capital one
Now and literally the end of the year. Yes. Unfortunately, the stakes are that high. Before i get to next week, though, let me just say that after today, where the dow gained 28 points, s p gained 28 points, s p climbed. 58 , we now know for certain this earnings season is turning out to be an incredibly bright one. This morning on squawk on the street, carl david and i were going over this remarkable advance to alltime highs and carl ticked down all the bricks in the wall of worry. That this market has had to climb, the sequester, the spiking Interest Rates, the government shutdown, the debt ceiling standoff, so many others. But it just keeps going higher. And the reason why, the earnings. The earnings per share. Consider the fabulous Earnings Reports from the last 24 hours alone. We got blowing numbers from chipotle, google, schlumberger, general electric, food, tech, oil, service, the industrial. Plus on top of the amazing financial numbers we got this week from capital one, America
Ended up near a popular hiking trail. A walker on grizzly peak came across the body yesterday afternoon. Kpix 5 reporter mark kelly joins us from the Berkeley Hills with what we know so far. Reporter hikers spotted the body shortly after 2 00 yesterday. It was about 100 feet below a popular lookout here that is just right off of grizzly peak boulevard. Hikers tell us this area is scenic and beautiful but the trails here can also be tricky. The body was found 100 feet below a graffiticovered boulder that is alongside grizzly peak boulevard. Its a popular lookout spot where hikers sometimes like to stop to take in views of the bay. Fire crews naked down the Berkeley Hills sunday to bring up the body and investigators look over the car probably left behind by the victim. But so far there are no known witnesses so police cant be 100 sure what happened to that victim but they do know this spot has been deadly before. About a year ago, at that time we did have witnesses that saw individuals