also companies like amazon that deliver them to you. we saw a slightly hawkish interpretation of what we heard from christine lagarde at the ecb yesterday, that pushed the euro a little higher. we have seen an inverse in the 2030 path of the curve in the u.s., that is not the market focus, but it ties in with the flattening theme. that is it for "bloomberg daybreak: europe." we will continue to focus on the corporate earnings stories, plenty to come this morning. this is bloomberg. ♪

amazon's behavior has caught the attention of senator elizabeth warren who, in this letter to amazon's ceo, wrote she is concerned that amazon is peddling misinformation about covid-19 vaccines and treatments through its search and best-seller algorithms. he? accuses the retail giant of being unwilling or unable to modify its business practices to prevent the spread of falsehoods. in her letter, she notes that when her own staff searched for terms covid-19 and vaccine, the first result that came up was, you guessed it, joseph mercola's book. and it was tagged as a best-seller. warren goes on to point out to amazon that the book perpetuates dangerous conspiracies about covid-19, and false and misleading information about vaccines. >> i'm randi kaye with cnn. can we ask you a couple questions? >> reporter: dr. mercola refused to talk with us when we found him in florida in august. but unlike amazon, agreed to answer questions about his book over e-mail. mercola told us via e-mail that he encourages everyone to fully educate themselves to make individual decisions about medical risk takin

amazon helped me with training and tuition. today, i'm a medical assistant and i'm studying to become a registered nurse. in filipino: you'll always be in my heart. it's a thirteen-hour flight, that's not a weekend trip. fifteen minutes until we board. oh yeah, we gotta take off. you downloaded the td ameritrade mobile app so you can quickly check the markets? yeah, actually i'm taking one last look at my dashboard before we board. excellent. and you have thinkorswim mobile- -so i can finish analyzing the risk on this position. you two are all set. have a great flight. thanks. we'll see ya. ah, they're getting so smart. choose the app that fits your investing style. ♪♪ >>> welcome back to "tech check. we are resetting here near the bottom of the hour, i'm carl quintanilla with julia boorstin and jon fortt. the value continues to outperform growth, the head of earning seasons kicking off with the banks. let's get to rahel solomon >> hi, carl. job openings fell more than 650,000 in august. the company is seeking to fill 10.4

def >> reporter: smoke billows above the amazon. smoke so thick it blankets this lush forest. fire so intense the ground is left charred. only dust remains. the spokesman for green peace brazil tells us 60 hectares of the amazon have gone up in flames in four days and the blame falls squarely on the president. >> reporter: cnn the flew over some of this year's hardest hit areas to subsidy the devastation for ourselves. from above our cameras captured the damage of increasing fires. the demarcated lines a sign. there has been nearly 13,000 fires in the same area. roughly a 50% increase from 2020 to 2021. now compare these images with these over a five year period. >> reporter: further south in the same state, a information cattle rancher is fighting protect what's left of the rain forest. this month he begins the task of helping to restore and reforest 2600 hectares of land that have been burned and used for cattle production. >> reporter: he's made it his mission to reforest the burned land but in doing so he's face ing attacks on his life. recounting vividly when he was ambus

amazon we already praised that we'll praise it again. ford is str ving an amazing year and if they have all of the semiconductor the stock would be at 21. i think it takes out the 18 top in 2011. jp morgan did great. i know i was critical because the others have done so much better at banks. i beat myself up with boeing where is it? i almost took this out and whipped myself but oh, shoot, okay, that is how i feel and then disney entertainment, travel trust name. and retail, web services, entertainment and yes, aero space but you have to put the planes up in the air and then bank and auto. terrific i'm lastly going to betty in florida. >> good evening, mr. cramer. i'm betty from florida and i thank you very much for taking my phone call. i'm calling to ask am i diversified. i have stock in csx, pfizer, robinhood, zimmer bonnet and eaton corporation. and i do have one quick question, could you give us seniors advice on putting money into a stock that would deal with artificial intelligence thank you very much. >> i gotcha. we're going to d

. >>> and amazon shows us how they move products to your front door. that's this week on press here. >>> good morning everyone i'm scott ma grew. we'll start the day talking about quantum computing. as may know simple computer uses 1s and 0s in a bit put enough together you can calculate. a quantum computer uses bits thanks to some complicated science can be 1 and 0 simultaneously. i will admit if you are a regular viewer of press here, you know my favorite explanation comes from justin trudeau, yes the prime minister of canada who a reporter assumed had no idea what quantum computering was. >> very simply quantum computers work by -- no, no, no, don't interrupt me. when you walk out of here, you will know more. no, some of you will far less about quantum computering. but most of you normal computers work power going tlul a wire or not 1 or 0 binary systems. what quantum states allow for is much more complex information to be encoded into a single bit. regular bit is 1 or 0 on or off. quantum state can be much more complex because things can be particl

so that's good for amazon. yes, now going to have a huge amount. as i said, all 17 intelligence agents from the us find out to use the cloud service to so who knows how much money they're making. but it's just an outsourcing of british national sovereignty. that is going on here. and everyone would say, well, oh, it's america, there are friends. but we've seen time and time again over the last 20 years, at least when the war terrorist started how they can manipulate an abuse intelligence behind the scenes. and also have hon. that intelligence can be. i also think as well, there is a quote that allegedly was made by bernisha mas lini, the 2nd world war dictator initially. and he apparently said that the definition of fascism is the measure of the corporate and the state. now i can't think of any clearer example of the measure of the corpus in the states than our u. k. intelligence agencies designed to keep and protect on national security out sorting or information to a foreign corporation supporting. yes, we have seen a lot of public private partne

amazon also sells a $250.00 drone called always home cam. with an attach camera that can automatically fly around your house and stream video to your smartphone. but it's not just a surveillance inside and around your home. facebook has now rolled out its ray ban smart glasses that allow the user to record video, take photos and even answer phone calls. the glasses have a physical switch on the inside to turn off the capture features while they also allow for a flash of an l. a. d light on the front so that people know they're being recorded or in the photo. the only problem is, is that a small piece of tape can be used to cover that life, and people in public then wouldn't know they were being recorded. and one of the big legal questions surrounding all of this hauling though is how much access does law enforcement have to these gadgets? and the recorded audio and video feeds that they are collecting. for instance, we know that the ring video doorbell has already been used by law enforcement in order to monitor activity on a certain street

we also saw amazon post lower than expected third quarter earnings, third quarter for amazon. ceo andy jasse warned that the next 3 months will bring several billions amid high inflation and supply chain crunch. the retail giant amazon web services was a standout in the disappointing report. aws generated 16 billion beating estimates there without hefty profit amazon would have reported a loss, scott, your thoughts on amazon and when do you see the issue getting alleviated? >> yeah, look, it's interesting, right, because we talk with a lot of experts day in and day out about this particular issue, supply chain issues, how it impacts a number of these companies and what we have been consistently hearing over the course of the year that the supply chain issues could persist well into next year and that's obviously something that companies are not communicating as they talk about the results and their outlooks, i do think the point that you made about aws is super important which is aws saw strong growth, i think, accelerating growth, in fact, 39% growth in the quarter as you men

that amazon is facing. the issues for apple are really going to be more about can they get enough devices to meet demand. if you don't have an iphone 13 in your hand after you order dat -- after you ordered it, at what point do you draw the line and wait for the next upgrade? tom: if you don't have an iphone 13 in your hand, you're not cool, and you can't use 5g to watch "pitch perfect." that is what i have learned. analog and digital made worldwide headlines with eyes yesterday. unit sales are underestimated. dan ives that wedbush saying flat out people have it wrong on the growth of these tech juggernauts. ben laidler reaffirms today his optimism as well on revenue growth not only in tech, but across all. it is an exceptional it up block hour. no other way to put it. lagarde at 8:30. michael mckee with america and the economic data. stay with us. this is bloomberg. ♪ laura: with the first word news, i'm laura wright. president biden is set to announce that there is an agreement on his economic agenda ar

. >>> amazon verses macy's and it's all over the prime real estate, which, if you travel to new york city, pretty hard to miss. i've always focused on my career. but when we found out our son had autism, his future became my focus. lavender baths always calmed him. so we turned bath time into a business. and building it with my son has been my dream job. at northwestern mutual, our version of financial planning helps you live your dreams today. find a northwestern mutual advisor at nm.com [ sneeze ] are you ok? oh, it's just a cold. if you have high blood pressure, a cold is not just a cold. unlike other cold medicines, coricidin provides powerful cold relief without raising your blood pressure be there for life's best moments with coricidin. now in sugar free liquid. i don't just play someone brainy on tv - i'm an actual neuroscientist. and i love the science behind neuriva plus. unlike ordinary memory supplements, neuriva plus fuels six key indicators of brain performance. more brain performance? yes, please! neuriva. think bigger. >>> macy's and amazon squaring off in new york but

were clear >> amazon says no, denying these accusations. telling the wall street the company has an internal policy preventing this. >> it's getting interesting. i wonder what you make of that, and you know, in an era in which we have heard the company get a little more vocal and things like jedi, how they respond to something like this. >> i think it gets really difficult when you look at what the mark up did in searching through so many different brand names and so many different incidents to say this isn't systemic so i wonder what amazon's response is going to be. in the past, it seemed to be well maybe individuals didn't follow the policy, but this seems so widespread and more than a coincidence i'm glad they're looking into it >> if you shop on amazon, you know the number of private label products that they have has just been expanding it's also a reason the scrutiny and some anxiety about using third party seller data is why a company like shopify is a $177 billion market cap company it gives merchants another consumer and avoid any

the share of the sales of amazon worldwide that are occurring in india. so it, it becomes, i go up attacks that amazon can levy on, on sales by, sorry, the india can levy on sales by amazon in india at a accomplish rate formula and a rate that's kind of complicated depending on these components. so it's an interesting, an extra tax, it will be kind of like a c global sales tax on amazon at rates are that are different depending on each country. a lawrence, he do son, cautiously optimistic. is that your assessment of this you'll, you'll optimistic yeah, i think a company that i think is a race of the bottom problem of operating in countries. it have very low taxes to attract capital. that's been a problem for the big countries. and then the small, the tax havens are competing with each other. and so they're not getting much revenue. and so this is, i think, a win win. in general, it's not my ideal tax reform to tell you the truth, but it's, i think, better than what we have. and um, you know, amazon should be paying taxes to all the countries that it's ope

we are unfortunately — amazon making it worse. we are unfortunately very _ amazon making it worse. we are unfortunately very near - amazon making it worse. we are unfortunately very near a - amazon making it worse. we are unfortunately very near a tipping | unfortunately very near a tipping point of amazon forests disappearing. 6070% of the forest may be replaced by a very degraded ecosystem, degraded savannah. due to climate change and local deforestation. the flying rivers will be reduced every year so there will be reduced every year so there will be reduced every year so there will be less to the south. with water rationing across the region, taps run dry by early morning especially in poor neighbourhoods like this. ~ . , especially in poor neighbourhoods like this. ~ ., , ., especially in poor neighbourhoods likethis. ., , , ., like this. what is owed, the best of times. like this. what is owed, the best of times- she — like this. what is owed, the best of times. she the _ like this. what is owed, the best of times. she the luxury _ like this. what is owed, the best of times

amazon denies that's happening cnbc correspondent julia boorstin with the details now. there's a term for this. they call it self-preferencing >> they do, shep this new senate legislation, self-preferencing coming after the house judiciary committee passed a similar bill earlier this year. amy klobuchar and chuck grassley are working on a bill to make it illegal for amazon, apple, and google among others to give their own products and services an advantage over those of rivals and amazon is under particular scrutiny after reuters reported that thousands of pages of internal documents revealed a systemic campaign of creating knockoffs and manipulating search results to boost its own product lines in india, which is a key growth market, and an investigation by the mark-up found the e-commerce giant placed products from its own brands higher in search ruments than better rated products from rivals >> we scraped thousands of search results on amazon and found there is no question that being an amazon brand is the most important factor in getting to the top ranking on amazon

in this case it's congress looking carefully at what amazon and amazon ceo jeff bezos told lawmakers about amazon's own brand of congress. he told congress amazon does not look at sales data of third-party sellers on its own website when it decides what to sell under its own private brand. you know how amazon has batteries and cable charges, the basics, and they are very similar to best-selling products small businesses are trying to sell on amazon. amazon officials told congress they are not tracking that data when deciding what to make and sell them themselves. congress is accusing bezos of lying to them. congress is giving amazon a few days to prove the company was not lying. at best what we have learned confirms that amazon's representatives misled the committee. at worst, it demonstrates they may have lied to congress. other news, netflix reports profits after the closing bell. the streaming service said the squid game is popular in driving profits. netflix's stock up 18% this year. home prices in san josÉ up 17.6% from last year. that is enormous. the number of homes for sale

than to say the scale of deforestation in northern brazil risk turning the amazon into something more like savannah. the former president of georgia is arrested just hours after returning to his homeland. after the murder of sarah everard by a serving police officer, london's metropolitan police tries to regain public trust. with just hours before the culmination europe's first mission to mercury, we ask the site is involved in a mission what he hopes to find. hello and welcome. there could be a breakthrough in the way we treat covid—19 put into room 12 suggests a new experimental drug for severe covid cuts the risk of hospitalisation or death by about half. it authorised, the new drug which comes in the form of a pill, would be the first oral antiviral medication for covid—19. our health correspondent james medication for covid—19. our health correspondentjames reid medication for covid—19. our health correspondent james reid tells us more. fin correspondent james reid tells us more. , . , ., more. on the service, these are ositive more. on the service, these are positive re

amazon denies that's happening cnbc correspondent julia boorstin with the details now. there's a term for this. they call it self-preferencing >> reporter: they do, shep this new senate legislation, self-preferencing coming after the house judiciary committee passed a similar bill earlier this year. senators amy klobuchar and chuck grassley are working on a bill that would make it illegal for amazon, apple, and google, among others, to give their own products and services an advantage over those of rivals and amazon is under particular scrutiny after reuters reported that thousands of pages of internal documents revealed a systemic campaign of creating knockoffs and manipulating search results to boost its own product lines in india, which is a key growth market, and an investigation by the mark-up found the e-commerce giant placed products from its own brands higher in search results than better rated products from rivals >> we scraped thousands of search results on amazon and found there is no question that being an amazon brand is the most important factor in getting

amazon is disappointing. exxon and chevron are buying billion and share buyback with cash flow surges. we will discuss the results and outlooks as we push open >> -- opec. the j.p. morgan chase head of commodities and strategy, plus we will speak with michael, the ceo of a company after that company beat earning estimates and boosted its forecast as well. amanda? >> on the markets, we are powering off with a weakness. we are in positive territory. the nasdaq is coming back to life. in toronto, a little bit weaker on the day, but the internals are getting interesting. as far as we know, tech is trading off today. facebook and meta. the company forming on his facebook is actually trading up. i can't get past google. one that jumped off the screen a starbucks. this is evidence of how investors will react if you disappoint on the cost and outlook. starbucks is sharply lower. the yield remains a big story. we are looking at inversion of the fed. there was it about growth. as you noticed, we are watching apple and

amazon has it. microsoft has it google's got it and that's what markets like and that's what gets a higher valuation. so, yeah, so i'm there and i'm happy with them. facebook is one that i'm looking for the exit door because they've got their own set of issues, frankly, and i don't think it's as a forever stock as these. so i would rather pay a higher multiple to have a more secure earnings and revenue profile than i have with facebook. >> and not like a crazy multiple by any stretch pete najarian joins us now and the co-founder of market rebellion. you've been the most vocal supporters of satya nadella and the stock for as long as i can remember it's one of the largest positions along with apple your reaction to what the company delivered today and your position in the stock as it stands right now >> yeah, so my reaction would be extraordinary once again and these guysall hid it so i don' keep hitting the same numbers, but when you look at it it's 50%, i think it was 48%, and then you look at other

that's not an amazon friday. at the last time i buy it from a teacher. so franco. watch kaiser reporting the welcome back. as the world has seen an increase in cyber attacks in recent months, the united states treasury bullies hackers, critical act war and ransomware payments this year than they did over the past decade. a new report from the treasury's financial crimes enforcement network found that reports or brands more related transactions in the 1st half of 2021 came in around $590000000.00, estimating there were more than $200000000.00 more paid out in the 1st 6 months of 2021. in the entirety of 2020. another interesting figure in the report showed the top 10 hacking groups have track traffic more than $5200000000.00 a bit quite over the last 3 years. other, it's hard to say just how accurate that number is as fence and came to its conclusion by tracking while it's tied to popular ransomware programs and analyzing it's transactions on the block chain. so let's go ahead and take a look at the uptake in cyber attacks in what is becoming the year of

home secretaries and the pressure to explain the deal between amazon and e. case planning agencies. among the leasing voices slamming the 2 is the labor party who own security concerns and trust assess top secret information is being held by us private company. these reports are deeply concerning and raise serious questions about the wida security safeguards in place when it comes to the potential risks of outsourcing critical elements of u. k. national security infrastructure to non u. k based companies. so amazon london, a lucrative contract with government communications headquarters am i find and am i, thanks for the use of this cloud system. according to reports of the deal is for easiest pike communications and making great ickes of a i. in return from the tag, amazon gets 1000000 pounds over the next 10 years. the u. k. government, the intelligence agencies and amazon i yet to comment on this contract, and ela was 5 to professor francisca, who says it will be as traveled to hold amazon to account if anything goes wrong. this relationship is essentially

he says it would be a struggle to hold amazon account. if anything goes wrong. this relationship is essentially caruso, because they do have divergent and trust. this would mean that the security services are not in control is a private for profit seeking organization. and it, and it will have a basically all the intelligence material. and suppose the servers are down, suppose the servers are hacked, then what will the security services even be told that the amazon, the servers that have been hack and though without really any explanation in parliament has been no discussion about it. we can see the government contract, we don't know the terms. we don't even know the full amount. we own. we have some belief reports or the press. there are widespread concerns of the government has so far not come forward has not promised any statement to parliament. no minister has actually made a statement and we are still awaiting. and i am pretty sure that fairly soon, the defense committees and both houses security committees in both houses of all the one will be asking serio

we did not expect them all to go down the same amount when you look at apple and amazon, amazon is down on the year apple is only up 6% on the year. then you look at microsoft and say something is going on there. i feel better heading into q 3 earnings as we head into next month. >> this is one of the best big cap tech charts in the market? >> it does set up nice look where it pulled back to, the level it consolidated to back july and it looks like it's about to make another run towards the prior highs. >> that was a rhetorical question guy, what do you think in terms of a lot of the woes the rest of the tech sector is dealing with. >> microsoft is impervious to other things high interest rates has been part of it microsoft probably has about 15% eps growth going back to the last quarter they talked about stable growth, have 41.5% operating margins looking at it after the analyst call the thing was the september 14th announcement when they said they were buying back $60 billion of stock back everybody got geeked up like on mountain dew i think in earnings on october 27th it sets up well

i bought amazon last week and let me just talk a second about the rates. i think you have to be open and there is a pretty decent probability that the bond market is pricing in the taper that's going to come, and so when it actually starts to get announced we will see and we know that and the markets stabilize. there is a decent possibility that that's what's happening i also think that long term and i'll say going out 2022, 2023, i think that gdp growth is going to be slowing, and therefore i still want to own tech, and if you look at amazon specifically, what's interesting is if you go back to really a year and a half ago and look at a chart on amazon, it's been in this really nice channel between 3150 and 3600 it hit 3800 in july of this year and then it's come back down, so i added it last week right around 3200 and that's the entry point and that's the bottom of the channel and to pete's point, it's high quality and what most people don't realize and it's worth to reflect on is that in 2017, amazon had a p-e of 250. right now i want to say it's sub-60

amazon helped me with training and tuition. today, i'm a medical assistant and i'm studying to become a registered nurse. in filipino: you'll always be in my heart. >>> we continue to wait for the president and the east room at the white house, expected to lay out today the framework for social spending and infrastructure we will take you there live when it happens jon, as we continue to look for signs about how the white house is going to bridge the gap between house progressives and senate moderates sinema this morning with a statement saying she does see significant progress and says, quote, i look forward to getting this done. we will see. >> yeah. very important developments perhaps on the national scale at the company scale, back to intel, we talk about growth. pat gelsinger the ceo has an ambitious transformation plan for the chip maker on the menu, accelerated at a fraction of the time standup a competitive foundry business, ramp ipus, discreet graphics within a five-year period. recently the street has balked at the sc

best way to do it right now given what's been happening is it just amazon and then everybody else i leave out walmart only because i worry sometimes, because technically speaking it's a consumers staples country even though it's the biggest retailer bricks and mortar wise how do you play that trade is it amazon or do we look for smaller players out there to play catch up in terms of valuation? >> i have qsrs, i have quick serve restaurants like mcdonald's, big upside call buying in mcdonald's i'm looking here at the machine. we have earnings due out the 27th also in mcdonald's. and they've continued to bet on upside, upside, upside in mcdonald's and it's been climbing from, you know, the 230s up into the 240s and so forth, and a lot of the bets are that they will beat going into those earnings. tesla, that stock made that pretty dramatic reversal after selling off on the earnings announcement and then zip right to the upside and now they're buying a ton of calls at the november 900 strike so certainly a big bet there i guess, not exactly a discretionary but definitely one of those t

so amazon landed a lucrative contract with government communications headquarters am i 5? and i think for the use of its cloud system according to report, the deal is for easiest play communications and making great ease of a only in return fully pack amazon. get 1000000000 pounds over the next 10 years. so the u. k. government, the intelligence agencies and amazon, i yet to comment on this contract and it with folks who professor premises, who says it would be a struggle to hold amazon to count if anything goes wrong. this relationship is essentially a row. so because the do have divergent interest, this would mean that the security services are not in control is a private for profit seeking organization. and it, and it will have a, basically all the intelligence material. and suppose the servers are down. suppose the servers are hacked, then what will the security services even be told that the amazon, the servers that have been hack? and though without really any explanation in parliament, there's been no discussion about it. we can see the government contract, we don't

they say deforestation of the amazon to be thatening lives. we report from sao paulo. as ron prepares to pick a narro -- numeric voters are frustrated by the state of the city. mark lowen been writing around the e --talian capital and has a special report. ♪ welcome to world news america on pbs around the globe. at theborders and they have remd closed since. the travel rules there have been some of the strictest of anywhere in the world. now, the government has announced for next month fully vaccinated australians will finally be allowed to travel again. the prime minister, scott morrison, said it was time to give australians their lives back. while it is welcome news to the tens of thousands of australians who have been stranded abroad since last year. schama filial report from sydney. >> a decision millions have been waiting for, australia sealed itself frothe world since the beginning of the pandemic. now, it is finally reopening. >> we will be able to open those international borders again and that will enable australians who are fully vaccinated -- >> it is an e

they say deforestation of the amazon to be thatening lives. we report from sao paulo. as ron prepares to pick a narro -- numeric voters are frustrated by the state of the city. mark lowen been writing around the end --talian capital and has a special report. ♪ welcome to world news america on pbs around the globe. at theborders and they have remd closed since. the travel rules there have been some of the strictest of anywhere in the world. now, the government has announced for next month fully vaccinated australians will finally be allowed to travel again. the prime minister, scott morrison, said it was time to give australians their lives back. while it is welcome news to the tens of thousands of australians who have been stranded abroad since last year. schama filial report from sydney. >> a decision millions have been waiting for, australia sealed itself frothe world since the beginning of the pandemic. now, it is finally reopening. >> we will be able to open those international borders again and that will enable australians who are fully vaccinated -- >> it is an

link will pop up and that's now almost always much faster than searching inside amazon so i hope amazon is listening. it would make my life easier. >> one of those books you recommend is how to read a book, classic guide to intelligent reading by mortimer adler and charles mandarin. >> what is that book? >> that's just a great book and if i recall they made five different methods of reading a book and i was pleased to see my method is fairly close to what they call inspectional reading. another thing they mentioned i think this might be the next level of reading. that i do once in a while but i should do more often is i get three or four or five books on the same subject and lay them out and turn to the same story for the same section so when i was trying to understand palestine israeli conflict , it's hard to find books that works on one side or the other but there's three books or four books that are down the middle and really tell the history of what the british did in the balfour declaration or act or whatever it was but then i have three or four and i can lay them out and turn the

amazon earnings reflecting some of the broader issues. the supply chain bottlenecks, labor shortages pushing up costs and the freight costs that have come into the mix. the 8.92 the market had anticipated. the company facing another pandemic where people were returning to shops and not ordering as much online. they dropped in extended training the likes of amazon and apple both instrumental in driving nasdaq and s&p to fresh records. it suggests a little bit of pain for the broader stock market holiday quarter not bringing any relief we saw problems there as well. a company faced a $6 billion hit from supply constraints. it did still grow on an annual basis. every category growing, which tells you about the demand story as well. iphone revenue up 47% year over year working its way through the system getting semi conductors and products to market is still a challenge. back to you. >> apple down 3.5%, amazon 5%. >>> janessa will have your halloween forecast next. >>> the halloween is two days away but we have serious contenders for best cos

amazon. i think that's the first step for me quite frankly after four years of donald trump i am extraordinarily strong on the idea of active expansions of government that cities for the news media but i love that there's still believers out there. [laughter] >> to think of as maybe the healthiest ways of us training and supporting journalism and this may, we have 3 minutes until the top of the hour so this may be a last question. >> yeah, i think that one of the things that i try to double down is there isn't a one-size fits all solution and particularly when it comes to local news is tied to geographically specific community and might be that they on the journalism at all and tapping into in each place what does it look like to provide the kind of news people need to get with their daily lives and what is it that professional journalists offer that cannot be done by other news organizations and trying to come up with this measure of user resilience to understand the ability of any one commu

>> amazon. >> there you go. thanks, weiss. "the exchange" starts now. >>> thank you, scott hi, everybody, i'm kelly evans here's what's ahead on "the exchange." the white house announcing details of its now $1.75 trillion social spending and climate bill it's a mouthful but we'll tell you what's in it, what's not, how it's going to be paid for and whether it has enough support to pass. >>> we're talking to ceos to get their thoughts on the economy. we'll hear from the head of huntington bank and wyndham hotels. >>> and it's a huge day for our earnings exchange. we're looking ahead to apple and amazon both reporting after the bell, exxon and chevron tomorrow morning. >>> stocks are moving higher, the dow is up 139 points, about 0.4 of a percent the broad s&p 500 up two-thirds of 1%. look at the outperformance in the nasdaq today, record intraday highs today for the nasdaq i'll do the dom star, for the nasdaq and the s&p 500 what's interesting is this is happening for the nasdaq even with bond yields on the rise the 10-year yiel

publicity for amazon and jeff bizos, ben'amin? .. , , , ., publicity for amazon and jeff bizos, ben'amin? , , , ., ., ben'amin? exactly, this is a reason it benjamin? exactly, this is a reason it was william _ benjamin? exactly, this is a reason it was william shatner _ benjamin? exactly, this is a reason it was william shatner who - benjamin? exactly, this is a reason it was william shatner who was - it was william shatner who was gripped it this really a trip into space because we all know him as playing captain kirk in star trek, so this is going to... for generations this will ignite their imaginations. i have to say, i have never watched the star trek or star wars shows, it is not really my thing, but even i got emotional as i saw that go up into the air. you know, it is the ingenuity of humanity to be able to just send someone to space for ten minutes and back down, in a similar way to which you might get on the tube or the bus, so straightforward, seemingly, in terms of the trip. and then when he got off, as aubrey allegret

in return for the tech, amazon gets 1000000000 pounds over the next 10 years. now the u. k. government intelligence agencies and amazon are yet to comment on this contract that we spoke earlier to professor premier sicker who says it would be a struggle, told amazon to account if anything did go wrong. this relationship is essentially caruso because they do have divergent interest. this would mean that the security services are not in control is a private for profit seeking organization. it will have a basically all the intelligence material. and suppose the servers are down. suppose the servers are hacked, then what will the security services even be told that the amazon, the servers that have been hack? and though without really any explanation in parliament, there's been no discussion about it. we can see the government contract, we don't know the terms. we don't even know the full amount. we only have some belief reports or the press. there are widespread concerns of the government has so far not come forward has not promised any statement to parliament. no minister h

nobody's saying that's actually going to happen but they have a number of strategic investors from amazon to ford and rj skiringe is widely viewed in the auto industry as one of the vision's in terms of the potential for electric vehicles. so this ipo filing, long expected, it has now happened. we don't have other details in terms of exactly what's going to be coming out through the ipo. but this has been expected and it has now been filed. now we get to see what rivian can do as a publicly traded company once this is completed >> we get to see more information about the company, phil i'm wondering from your standpoint what's the biggest question you think investors and analysts would have at this point when it comes to rivian. >> really the size of the market potentially beyond we know that they are developing, building they've already started working on building electric delivery vans for amazon. and a lot of people say, that's great, that's your big backer there, and it should do well look, they have a couple of models coming up, the r1t, an electric truck, the r1s, an electric suv bot

amazon helped me with training and tuition. today, i'm a medical assistant and i'm studying to become a registered nurse. in filipino: you'll always be in my heart. >>> virtual reality sparking real life profits. these metaverse crypto names getting a boost after facebook rebranded themselves b.k., what is your take on the surge? >> the whole crypto market has been very strong today, but the fact that facebook announced that the metaverse is here, a real thing and one of the largest companies in the world is going to focus on that, got the rest of these tokens going so that's a gaining type of platform as well as mono which is with desccentralland. these are two that stuck out with me tonight. >> are you in either of these and what is your way, if you have one, to play the metaverse? >> i am in axie, i think that's oneof the best ones. it has had an extraordinary run. they have an interesting business model they created and probably have all of the philippines playing this game and that's a good thing. so if i had to choose i w

results from apple and amazon have stoked fears of an unhappy holiday. both companies posted disappointing earnings reports, a sign that the supply chain crisis is hurting even the mightiest corporations. amazon is suffering because of a surge in the cost of labor and fulfillment. meanwhile, apple is taking a hit because it can't meet demand for its products. france and italy drove economic growth in the 19 nation euro area in the third quarter. a surge in consumer spending boosted french output to 3%. italy supported an expansion of 2.6% bolstered by industry and services. meanwhile, germany and spain posted gdp figures that were weaker than expected. overall, the euro area economy grew 2.2% in the third quarter. president biden has told house democrats that his future and theirs depends on passing his economic agenda. there is a scaled-down version of his tax and spending plan that drew widespread praise from within the party, but left many details yet to be filled in. progressives still plan to hold up action on an infrastructure bill until both measu

>> reporter: you've got to hand to amazon. the retail behemoth has come up with a way to swap the swipe for a scan. >> it's going to ask you to hover your hand over it. >> reporter: it's called amazon one. a new contactless payment system. to sign up, customers first insert a credit card then hold their palm over the camera. it scans lines, ridges, even the pattern of veins inside the hand. the whole process takes about a minute. what did you think? >> i think it was cool. very convenient form of payment. just quick and easy. >> reporter: customers like liz gonzales in san jose, california, say the technology could come in handy. >> people like me, i'm very forgetful. i always forget my credit card or my watch, and now i don't need to remember to bring my palm. >> if anyone can get this popular, it will be amazon. >> reporter: ian sherr with cnet says all signs indicate the new technology is safe and reliable. amazon has already rolled out the palm scanners to more than 70 locations including mobile ticketing for a concert ven

we deforestation in the amazon is making it worse.— making it worse. we are unfortunately _ making it worse. we are unfortunately very - making it worse. we are unfortunately very nearl making it worse. we are | unfortunately very near a making it worse. we are - unfortunately very near a tipping point of forests, amazon forests, disappearing. 60— 70% of the forest may be replaced by a very degraded ecosystem and degraded savanna due to climate change and local regional deforestation. this moisture flow will be reduced every year. so there will be reduced every year. so there will be reduced every year. so there will be less moisture being supported to the south. itruiith will be less moisture being supported to the south. with water rationin: supported to the south. with water rationing across _ supported to the south. with water rationing across the _ supported to the south. with water rationing across the region, - supported to the south. with water rationing across the region, taps i rationing across the region, taps run dry by early morning, esp

good morning >> really good morning yes, so the amazon twitter video site has had a breach. it had a hack. they took 125 gigabytes of data in this breach there were key parts including pay joutds to content creators what is interesting to a lot of us is unreleased amazon game studio products, a mention of an online amazon store after gaming as well, that was very interesting. why does the hacker do it? they said for more disruption as they posted on some anonymous message board. elsewhere, levi strauss earning going well, beating on the earnings, new denim styles driving sales. digital transactions over two years are up 70% over levi strauss. some of the bottlenecks they got elsewhere in clothing and retail, levi because they have a diverse manufacturing base, no problem as well. i will hand it back to you i have to say, working from home, can i no longer confirm or deny whether i'm wearing a pair of levi strauss, myself. >> it will keep us up at night wondering. >> steve, thanks janessa is up next tracking fall heat coming up next. >> how some companies are breaking the gla

here areinjuries and that any of us together this feature that amazon could not deny . and i would say it felt like an alternative form of power because we would not have gotten that data from amazon ultimately we help them through the courts to give us that data, to release that data that feels like an alternative path i'm curious what are the possibilities that you see for a national organization, reveals his national but to work with organizations like revealed it like the indianapolis star to craft power in a different way? >> i think that this is one of the reasons i wanted to chat with you because you're really rethinking how we do investigative journalism from the bottom where the people who wear covering also talk to the people who are part of creating the stories themselves and i think that when journalists start to leverage these connections, that is bottom up power challenging, using journalism and using media institutions as avehicle for redirecting it up . and i think that how can you continue to take strategy that all used at amazon into other events? with

amazon is adding more planes, fedex, u.p.s. and the u.s. postal service hiring thousands of more workers. the port of miami is luring cargo ships away from more crowded ports. will that all be enough? here's abc's transportation correspondent gio benitez. >> reporter: tonight, amazon saying it's taking action to offset the growing supply chain crisis. >> we spend the full year thinking about how do we get ready for the holiday season, this year especially, and with the pandemic, it's been more challenging than most. >> reporter: the retail giant says it has increased the number of ports of entry it uses by 50%, doubled its capacity to process containers at ports, and will expand its fleet of amazon cargo planes to 85 later this season. >> we've added airplanes. we've added trailers. we've added trucks. we've added vans. and so it allows us to see kind of how do we optimize our network for customers. >> reporter: the u.s. postal service, fedex and u.p.s. also looking for solutions to the crisis. boosting capacity and hiring thousands more wo

you mentioned the amazon earlier, clearly many people will know quite how key the amazon is to all of this, but in the spirit of wolfgang's call for us to learn more about climate change, explain why brazil is so important when it comes to climate change, notjust for your country but for the whole world. yes, thank you. first of all, we are important for two big reasons. the first is that brazil is one of the biggest emitters in the world, because when we deforested the amazon, there are big greenhouse gas emissions to the atmosphere. the other thing is that the forest is important because for many reasons, not only because the trees capture and store carbon, but also because of the biodiversity, it is a huge treasure that we don't know what is there. also for all the knowledge of these indigenous people i mentioned before. so, yes, it is important for brazil that the tropical forest has a very important role with rain. the rain is important for our country, for the countries that are neighbours, like argentina, and for the climate of the world. we are all connected. wolfgang, we hear

ah, the amazon jungle? with an impenetrable jungle. twice the size of texas in the pilot's greatest fear below. there is no space for emergency landings. any breakdown will mean the plane will crash. and then it's cut. lou. several dozen planes of disappeared into the jungle. swallowed up by the vegetation. they are rarely, if ever found again. it's one of the most perilous air roots in the world. ah jumping off point is willoughby since you the destination is any one of the number of indian villages scattered throughout the jungle and cut off from civilization? ah, ah divine intervention or the skill of captain raoul means the plane has succeeded in steering clear of the storm. the passengers will arrive as scheduled at our car require a small engine village. the runway or what passes for one is in view if there is no control tower, everything is done the old fashioned way as it was back in the 19 twenties and thirties. intuition, judgment, and experience. the landing zone is slippery and petted with holes