we have amazon numbers. dennis kneale. >> amazon numbers are bad. stock is down 5% after-hours. revenue meets wall street expectations 15.7 billion. wall street wanted 73. i don't know if it hit that. the bottom line is loss of two cents a share instead of a profit of five cents a share that wall street was looking for. as well, amazon says in the colling third quarter it is going to have a operating loss close to half a billion dollars or as little as $65 million. it also says revenue growth in be as low as 12% much the revenue growth in this third quarter just reported was 22%. revenue year ago second quarter was 20 9%. we have to see how wall street is responds. it is patient with amazon because it figure it is will build the biggest store in the world and. liz: they are not keeping shipping costs down of the they are higher this past year and that is something people were watching. david: let me go to mark tepper. mark, you had in the first sentence about the notes about amazon you said beforehand it wouldn't a surprise if they were to miss their estimates. you were right on

out amazon. walmart has thousands of stores, logistics-based company that sales stuff like amazon. why can't they leverage that need? the customer wants to pick up the goods in the store that day, shiped to their house, however they buy that item, walmart can provide it. amazon is trying to open more distribution centers for same-day delivery. you also get service, private label at stores. there is other reasons to go to the store beyond getting the item delivered to your house. >> you raise an interesting point there, joe, and i begin to think of apple and the way samsung has come to them. they made a good run. somebody will try and compete and effectively, eventually with amazon. let me turn to the big box format, which is really barnes & noble's thing. do they have a real estate problem in the same way lots of analysts believe best buy has or had a real estate problem? stores that are too big, too costly and have too many people in them? >> i do think there is an issue on that front, that the

out amazon. walmart has thousands of stores, gists-based company that sales stuff like amazon. why can't they lagneed? merants t pick up the good t that day, shiped to their house, however they buy that item, walmart can provide it. amazon is trying to open more distribution centers for same-day delivery. you also get service, private label at stores. there is other reasons to go to the store beyond getting the item delivered to your house. >> you raise an interesting point there, joe, and i b and e problem in the same way lots of analysts believe best buy has or had a real estate problem? stores that are too big, too costly and have too many people in them? >> i do think there is an issue on that front, that the stores qu large. they do, you know -- generally they are in very good locations, though. that's the one big strength barnes & noble does have. they have prime location. they don't have difficulty to get out of stores but the forum factor hasn't changed. the forum factor of the tv changed

amazon's experiment is only for prime members who must pay $299 a year for the service. everything was in order with my order, plus some free water. >> i don't remember ordering these. >> reporter: amazon may not get people ordering but they want people to stop going to the store. >> they want slim operating margins. they want to drive volume and drive market share and make customers happy. >> reporter: rivals like yummy.com have been growing in los angeles, yummy guarantees delivery in 30 minutes, a tight turn around amazon can't meet but yummy's ceo said no grocery chain should sit idly by. >> if they ignore the treat of amazon and amazon fresh, it's not that they are going to lose 50% of their sells, they risk losing 5 to 10% of sales that make them profitable. >> reporter: this is a decade after web vans failed in the.com bubble before people used smart phones, broad band and comfortable putting credit card numbers on the website. what happened to web van? amazon bought the do main name. >> i like jane wells had bacon and/ oreo cookies in the order. it's about a 1.5%

how much do you buy on amazon today versus how much you bought on amazon five years ago because that answers your question. >> we just redid he -- we bought everything on amazon and it all got delivered for free, but the problem is the -- it's a great service. it's a horrible business, but that doesn't mean it's a good short. that's the problem. >> and they're growing much more. my point about wal-mart comparis comparison, that's true, but the other thing is amazon has become so much more than selling goods. they're trying to turn the corner in the electronic capital of the world. they signed a deal with viacom, and the stock jumped after that deal to get video contact. they find growth. they continue to develop themselves and turn themselves into whatever company is needed by the consumer, and they go -- that's why wall street loves them. >> this is a stock that seems to have no fundamental valuation. >> the chart is important here in the sense that if you were to look at the trend that it's been in since the 2009 level, we have almost a ten-bagger here. it went from 30s to almost 3

you have amazon web services. the biggest retailer the world knows. now, you have to buy it on those things. it's a tech stock, a retail stock. >> quhi are we willing to say we'll trust it will keep growing and we let it spend and spend and let margins go down and down. >> i think steve -- if it was about earnings with amazon the stock should be trading $150. these earnings were not good and the guidance was worse. my premise with these guys have been as long as their operations continue to improve, i think the stock is worth owning. giving this report this stock should be trading 280 and it's not, which should tell you something. i think you continue to own the stock. >> bears up always. when you have a problem with the -- they keep investing and pushing out that bait that they'll finally be probable. they didn't. this would be a book seller on the internet. be a $25 stock. this has always worked in their favor that the investment community has given them the benefit of the doubt. that being said, i don't love the action and the chart going into toni

amazon didn't budge. had is an important period of momentum and it would be a dangerous to be against it. >> dangerous to be against it. can't be much clearer than that, brian. >> to the momentum point it, took off and led the market may and june and was able to stabilize because of the viacom deal is signed. if you look at that chart, it's trading to the top end of the range. that channel is something to consider. the up side after this is maybe somewhat limited. >> brian is using a call calendar. it's a bullish strike where you -- it requires timing here. you want the stock to stay below the strike at expiration but above by the second expiration. >> here's one way to play the stock, get up side and use options. i want to sell the august at the end of august month option the 330 strike. i can sell that for about 3 bucks. i use some of those proceeds to buy a 3.30 call. and if the stock trades above 330 after october, that's where i get all the up side. i want this stock to trend side ways to lower to le

on-line retailer amazon may have played a part as ip is the largest provider of shipping boxes to amazon. we will talk ceo john faraci next. and preet bharara indicted today. >> becoming a variable market for market cheaters. >> stay with us on the developments. >>> julia boorstin here mining the report. >> the social gamer said they made a focused choice not to get a license for gaming in the united states. they have been pushing into on-line gambling with games like on-line poker in the uk. but it decided its biggest opportunity it is to focus on free to play social games and that while it continues to evaluate its united kingdom test, it won't do that in united states. i think this is a surprise for investors as they hoped for an upside as zynga translated popularity with social gambling on-line and brought in real money to that. bring in a couple more key statistics. zynga's daily actist users decrease 40% year over year and 20% daily. the number of players paying decreased 53% year over year and on a consecutive basis were down 22%. now the one silver lining here is the fact that of

we had amazon down premarket, a big factor. that's had a nice turnaround, and the market's co-insighted with that. >> isn't that sort of the story of the market, what we saw with amazon? the demand at the end of the day is there. >> yeah, at aunt all-time high for them to miss, reported loss of earnings per share, but they've gone on record saying earnings per share don't matter. we'll spend our money. we'll spend to penetrate the best market we can. they've used their cash flow. and their cash hoard we talked about, they've used it wisely to make a bigger global footprint, and it's working out for them at an all-time high, at over $300 a share. >> that's been jeff's message all along, all these years. jeff, earnings do beat expectations, but we do talk about that softness in revenue that's been a story for a while. >> yeah, and, of course, revenue has been better than expected. earnings were better than expected. i thought all along this was going to be a company-specific earnings season where we're just kind of looking at qua

you come back to an amazon. it says over the long term for whatever reason people want to give it a break, and i think that's this market. the ones that want to love and will love and the others that can do no good. >> it's seems like amazon is almost sort of the brazil of stocks. people are always waiting for the turn, right, guys, yeah, yeah krrks just down the road and amazon continues to struggle in terms of its margins, if it has any margins at all and it trades at 3,300 times. >> maybe the difference is because we use amazon, the product, and most of us know they execute well. we don't sit there other than you on a caterpillar tractor every weekend in our backyards digging a hole. >> cloud computing, what's the ultimate -- you need something that makes the money up on the other side. >> michael, do you own amazon? >> we do not, for a lot of the concerns that you guys are raising and clearly from a stock performance standpoint it's been fantastic but we're had concerns about loss leaders and profit erosion

. >> host: you take on amazon but why amazon? what has amazon done to hurt authors? >> guest: amazon, a company that can be either all bad or all good. amazon has done some great things for authors, especially kindled singles and self published authors, they have also done things that i think are not as clearly in an author's best interest including trying to build the bookstores. now they have got -- acquired a patent to resell e-book and they started out by creating this market for resale hardcovers which was damaging sales. reselling e-book would mean selling three e-book and everybody else would buy at a reduced price from amazon. and of course the big problem with that is that as i said, all of those profits from the second sale would go to amazon and that is the difficulty. >> host: you talk about a recent supreme court case. >> this was an example of what i said, no matter what you do authors end up getting kicked. this was an esoteric case before the supreme court but the publisher, publishing textbooks in english in foreign countries with the explicit provis

amazon is a company that knows that. it's in the dna of the company, whereas to the second of a wholesale model. i sat with executives who are conscious of this. they say it are customers to be the book buyer. everyone else second and third in our customer is jane and joÉe and whoever is reading the book and they don't want to start with that. >> is very threatening and publishers consider amazon doing the things it needs to for customers and go after the book business. >> if i were in their shoes i would too. >> they get into the film and television production because they see it every day and they know how may times a dare. survey of the can can and all that easy ways to expand their relationship with their customers. as he looked in every industry, we see spot a fight, for example, a music site getting into videos. starting with cross media and customer experience as an easy obvious thing to do. google played this music, books. i could go down the list. everything you want to do, they've got. what's next? look at ama

is amazon the new apple? speaking of fires, you cannot build a bonfire on a beach or in your back yard in southern california anymore. i will give you my take on that outrage later this hour. ♪ [ villain ] well mr. baldwin.. it appears our journey has come to a delightful end. then i better use the pital one purchase eraser to redeem my venture miles for this trip. purchase eraser? it's the easy way to era any recent travel expense. i just pick a charge, like my flight with a few taps, it's ten care of. impressive baldwin. does it work for hotels? absolutely thank goodness. mrs. villain and i are planning our... you scare me. and i like it. les go what's in your wallet? trust your instincts to make the call. to treat my low testosterone, my doctor and i went with axir, the only underarm low t treatment. axiron can restore t levels to normal in about 2 weeks in most men. axiron is not for use in women or anyone younger than 18 or men with prostate or breast cancer. women, especially those who are or who may

are there any companies that stand a chance against apple and amazon? here to weigh in, chairman and editor and analyst, fortune's editor at large and a fox news contributor. let me start with you. it seems like what these guys do , somebody comes up with a great technology. they work out the kinks, get people excited and then swooped in and just sort of either make the technology better or bully the guy. am i wrong? >> part of it is they establish a market and reap the rewards which means deploying capitol where other companies have the same opportunity. pandora comes up with radio service. the other side of it, isn't this great. there's a certain fatigue about some of this stuff. the way people just go with coca-cola or pepsi. even if you like it. melissa: i feel like you cannot compete with the ecosystem the both of everyone else of the market and then have the pricing power. as the consumer i may or may not end up with the best product. i definitely in the but the highest prices. >> you may have to choose between prices and features because they're

amazon didn't budge. this is an important period of momentum, and it would be dangerous to be against it. >> dangerous to be against it. carter can't be much clearer than that, brian. >> yeah, and to the momentum point, it took off and led the market basically in may and june and was able to stabilize because of the viacomm deal. if you look at that chart, it's sort of trading towards the top end of the range, and i think when you look to the options market and if you want to play this stock, really that channel there is something to consider, because i think the upside from this point after this earnings is maybe somewhat limited, but something if you want to dip in and buy the stock. >> brian tonight is using a cei call calendar. you buy one call and sell in your call the same strike to cut costs. it requires a little timing here. you want the stock to stay below the strike of the first call, but above the strike of the second call by the second expiration. so walk us through the trade. >> i think if yo

amazon prime has commissioned a number of original works. if you're an amazon prime member you can stream any number of movies. they have series that are beginning. these are giants that are moving into a space that's already occupied by legacy players. and these really, really good smart companies have gotten into it. it's going to be a big old dog fight. >> rose: because they're simply going to the places where they create content and buying it or buying the talent to create content? >> correct, over and over. one of the advantages they have-- and this goes for netflix, this goes for amazon-- is if you're make egg programming decisions you're always just throwing darts off into the dead of night. who knows what will stick or work. >> some do it better than others less moonves, even though i work for him, being a good example. >> but when you hear a pitch for something who ever thought "lost" would be good television. netflix, amazon intel if they get into the business. >> rose: but they're all going to make do the same thing? >> well, they

are there any companies that stand a chance against apple and amazon? here to weigh in, chairman and editor and analyst, fortune's editor at large and a fox news contributor. let me start with you. it seems like what these guys do , somebody comes up with a great technology. they work out the kinks, get people excited and then swooped in and just sortf either make the technology better or bully the guy. i wrong? >> part of it is they establish a mket an reap the rewards which means deploying capitol where other companies have the same opportunity. pandora comes up with radio service. the other side of it, isn't this great. there's a certain fatigue about some of this stuff. the way people just go with coca-cola or pepsi. even if you like it. melissa: i feel like you cannot compete with the ecosystem the both of everyone else of the market and then have the pricing power. as the consumer i may or may not end up with the best product. i definitely in the but the highest prices. >> you may have to choose between prices and features because they're is a mov

if so, kpix 5's ryan takeo says amazon wants to hear from you. >> reporter: in a word, the new amazon warehouse in tracy is huge! we put chopper 5 in the air to show you the 1 million-square- foot warehouse from the sky. to drive the point home, it takes 1 full minute to drive the site lengthwise while going 25 miles an hour. a warehouse this large needs a lot of workers. >> those calls online orders will come right to this facility. >> reporter: tracy city manager leon churchill envisions there will be at least 1,000 workers and during the holiday shopping season, that could boost to 3,000 or 4,000. some argue the area needs much more than a warehouse with starting pay at $14 an hour. >> i know there's a lot of people looking for jobs and it's not enough. >> reporter: this person is applying for an hr job at amazon. she says the area needs more office type jobs and hopes a warehouse coming in is a start. >> you do need hr persons and accounting staff to support these jobs. >> reporter: others like james barrett will take anything. he and about 50 others use computers at san joaquin c

what businesses like amazon need most. we should have a modern air-traffic control system to keep planes running on time. we should have modern power grids and pipelines to survive a storm. we should have modern schools to prepare our kids for the jobs of tomorrow. number three, we need to keep creating good jobs and energy in wind and solar and natural gas. those new energy sources are reducing energy costs. they're reducing dangerous carbon pollution. they're reducing our dependence on foreign oil. so now's not the time to gut investments in american technology. now is the time to double down on renewable energy and biofuels and electric vehicles and shift money into research that will keep our cars on the road for good. let me tell you, cheaper costs of natural gas is a huge boost to our businesses here in america. so we should develop it even more. we've got to do it in a way that protects our air and our water for our children and future generations, but we can do that. we've got the technology to do it. number four,

amazon denies comment. currently what is sold on amazon are posters, prints and watercolors. most priced under $400. amazon's move into the high end art world could see a shift to the wide open digital screen. already the auction houses are doing a big business selling fine art and collectibles online. more than $1.5 billion of christie's sales last year went to online bidders at its regular auctions. this painting called october on the cape was sold to an online bidder for $9.6 million. the company also sold a shang dynasty bronze wine vessel for $3.3 million to an online buyer. sothebys and christies have developed online bidding platforms. when christies auctioned off the collection for $183 million. it included an online only sale. those 1,000 pieces auctioned off, totalled $9.5 million. about 9 times the presale estimates. the big question is how the major art galleries will react to another retail competitor. none would comment on the air, but one gallery owner telling me today, we don't sell fine art online and we probably never will. time will tell whether that remain

amazon isn't in that. they are pan device, pan platform, they are very much focused on the fact that consumers are right now starting to realize a smartphone is a smartphone. a tablet is a tab let. if it's a connected screen, it's the same as any other within bounds of size. and that's where they're positioning almost everything they do to be universally appealing, and i like the durability of that going forward. >> finally, do you think, you know, people are beginning to notice the taxes on their amazon order when they click it through. is that going to push any consumers to the side? >> yeah, i imagine it has, but that's, of course, a very value conscious consumer. as i look just as a regular consumer and i experience the amazon collection of tax and i use other online merchants as well, it hasn't dissuaded me because i realize that that's where the baseline is going for any of the really large online etailers and i think the universe of amazon conversation makes it worth going there than going to more m

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should amazon be worried? >> potentially, target is doing the right thing, worse thing for retailer, somebody to come in store, see a product they want, not buy it because of price, you maybe lose a little bit on margin but you get loyalty, and perhaps buying somebody else on top of it. a trend that will continue forward. >> what do you make of it? >> they jumped on the bandwagon too late, best buy, and walmart, a lot of other retailers have been doing this, i have not heard about this they launched in january. neil: no big bells and whistles. >> i don't think that amazon has anything to worry about. they have their amazon prime, hey pay $80 a year for a very different business model, target is getting into the game tt stay competitive. neil: and you would have to go to the store physically. >> can you imagine standing in line with their hand-held, i got it better deal, i saved 27-cents. neil: i would pay triple quadruple to not go in a mal. >> in this day and age, price counts every dime counts, people are wa

we hear from amazon, starbuck's, zen zynga. ip's ceo will tell us how his bottom line has been affected. first, though, more "street signs" with brian sullivan coming your way right after this. tofinto a business. my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company through legalzoom. i never really thought i would make money doing what i love. [ robert ] we created legalzoom to help people start their business and launch their dreams. go to legalzoom.com today and make your business dream a reality. at legalzoom.com we put the law on your side. and make your business dream a reality. the world is changing faster than ever, creating new opportunities for those who stand ready to seize them. in a time when the biggest risk is playing it safe, we believe outshining the competition tomorrow requires challenging your business inside and out today. at cognizant, our flexible, collaborative approach helps forward-looking companies not only run better, but run different... to give your customer

tesla shares a lot with amazon and netflix. could see how tesla would run out of gas or battery life. do i like amazon, netflix and tes tesla, i say absolutely, they're the best they are in the class. they're in a class by themselves. but you ask if i would buy them for my charitable trust, my answer is no because they simply don't meet the criteria. with the spark miles card from capital one, bjorn earns unlimited rewards for his small business. take these bags to room 12 please. [ garth ] bjorn's small business earns double miles on every purchase every day. produce delivery. [ bjorn ] just put it on my spark card. [ garth ] why settle for less? ahh, oh! [ garth ] great businesses deserve unlimited rewards. here's your wake up call. [ male announcer ] get the spark business card from capital one and earn unlimited rewards. choose double miles or 2% cash back on every purchase every day. what's in your wallet? [ crows ] now where's the snooze button? ♪ [ agent smith ] i've found software that intrigues me. it appears it's an

can we look at amazon? that it an all-time high of 300 plus earlier this week, 304-96 up 20% since april, the shares tripled in five years. is amazon the new apple? here is our president tech watcher, clayton morris who joins us frequently. amazon, the new supertech company. >> on its face two companies, apple is a hardware company, they are selling at as a loss. they don't have -- make money off of their kindles. they want people to buy the books. from a purely specific standpoint, they are not the same company, apple makes money on itunes and take money from apps sales but the main crux of their business is the hardware. when they make an iphone they are profitable. amazon is still not profitable. i don't know how they make money. this is a company i love, i use amazon products all the time. i don't know how they make money. not concerned about making revenue. stuart: they make money but they put it back in the operation. >> and drive mom and pop shops out of business. going to a market and run small book

"amazon is one of the few success stories. it's been improving with technology and has been willing to hire, too." but it's reported that amazon's new hires will make from $11-13 an hour - at most, $27,000 a year. "i think it's a terrible place to spread the message. these aren't middle-class jobs, and amazon is a company has been criticized for terrible working conditions." still, amazon provided the backdrop for the president's speech. republicans denounced the plan for what it would not do. "to not make the corporate tax reform revenue neutral, but to take some of the money out of corporate tax reform and use it for some other purposes." some question whether tax cuts are even the right enticements. "when the business community is honest, they don't talk about tax rates to improve business, they talk about aggregate demand for their products. that's what they need to make a profit." today, the president continues his campaign-style tour for jobs, traveling to ohio. thursday, he'll be in leesburg, virgina, and orlando, flori

apple sued amazon for trademark infringement and false advertising when the amazon app store for android launched back in 2011. apple claimed amazon did not have the right to use the term app store. amazon argued that term had become so generic, it couldn't really be trade marked. yesterday a judge dismissed that case at apple's request. meantime, apple has lost its court battle over ebooks. this morning, a federal judge ruling apple conspired to raise the retail price of ebooks. the judge right now still trying to determine how much the cupertino company will pay for fixing ebook prices. publishers accused of taking part in that scheme have already settled with the federal government. >>> netflix is getting personal. starting this month, the los gatos-based company says ceo reed hastings and cfo david wells will host live video chats to talk about the company's quarterly earnings with investors. they will take the place of netflix's regular conference call. the los gatos-based company says people will be able to submit questions by e-mail and twitter. word of the video chat sent netflix

>> amazon has always been calling this the big win. and they finally adjusted their e-book prices in accordance with their settlement with the department of justice so it seemed prices have gone down and discounting but it is important for viewers to note that what this case has done is it has not drawn the agency model way the dollar has done is a specific deal these publishers, by proxy the manager of penguin, what it has done is made from renegotiate deals and come up with a different spin on the agency model. we call the agency right because he essentially the retailers are still acting as an agent per se but still grooming latitude for discounts to happen so it is an amalgam of agency and wholesale models. not like the wholesale model has totally come back. >> the agency model is not did. publishers's thoughts on this and do publishers think the current price of e-books is sustainable? >> it is important to point out nine 99 was something of a metaphor. there were many e-book place even in 2009 by amazon that were higher than that

great news for amazon. liz: let me call an audible here, that crocs could be used as david asman's example. crocs fell 20% yesterday after they had guidance yesterday. look at it right now. it's a rebound. all the way back and adding just a little bit, nicole. >> i love my crocs shoes. you see the stock is coming back. it didn't erase yesterday's losses but looking good forwe hw with the ceo coming up. david: too bad we don't -- wait a minute! we is do have the ceo coming up! liz: exclusive only to fox business. john will be coming up. david: let's talk about zynga here for a is being here. unfortunately not all stocks are reporting bad earnings are doing well. zynga is example of that. those figures could be ignored. >> everybody thought online gambling would be the lifeline for zynga. it will stick with social gaming and "farmville" and words with friend. they had their users dropping off. that's not good news for them ultimately. by the way positive for the week for the dow. five out of six weeks of gain

>> well, i wish i had owned amazon. but i'm not going to take the chance of playing russian roulette, bill. it's russian roulette you're buying. no cash flow. it's going to be no price. that's my prediction. and i'm stickin' to it. >> what do you like right now? i mean, do you like this market? we're sitting at all-time highs. we've had incredible gains. we keep setting new benchmarks all the time in terms of historical valuations and things. what do you think of the market overall? >> well, we're raising cash not because of the market, it's getting harder to find value. but we still have -- we have about 10% cash in the fund. we're up 24% with very boring stocks. we still like an ebay. we still like a macy's. they're producing 5%, 6%, 7% free cash flow run by great managements, and we're continuing with companies that have 6%, 7%, 8% free cash flows and selling the ones fully valued. >> so looking as 7%, 8%, free cash flow. are you looking for different donalds? what are the other screens you look at to find winners? >

amazon, priceline, and google are up respective 36%, 37%, and 57%. so the question is here, which one of these stocks can you still buy right now? let's call to the charts with the man who made the best call of the week when he said last friday to buy gold. gold call really paid off this week. carter, are these stocks still a buy? >> anyway, thank you for that. but, yeah, i like them all, actually. there's good things going on. they're all long-term charts. let's have a look. one cannot debate this is a well-defined trend. amazon has continued to defy the shorts and there's every indication momentum's intact. and then we think you're going to play to the top of the channel. so into the low -- you know, about 340. and that's plenty from here. take a look at google and price line. and what's important and we're looking at the past tops in something like a boeing. this stock has exceeded the past top. whereas u.p.s., once you break out, you're free to run. this is trading in low 900s, 10% higher. remembering that set-up, when you see a boeing getting ba

amazon missed expectation bus netflix came in ahead, as did apple and face book. face book stock, by the way, soared after that, 30% in a day. among industrials, ford and gm both beat expectation, as did boeing and gm. caterpillar missed big time. sales of new single-family homes hitting a five-year high in the month of june, up 8.3%. and above analyst expectations. the third straight month of gains in new home sales. there was concern that rising interest rates would slow down home purchases. >>> a massive hedge fund indicted, earnings season in full year gere and the markets hitting new highs. a busy week. what does it all mean and how does it affect your sflirmt joining me is the author of "the investing guide, a random walk down wall street," a university professor and member of the investment committee of rebalance i.r.a. good tough on the program. >> thank you very much. >> thank you so much for joining us. it has been a busy week, hasn't it? saw the federal insider trading charges against that huge hedge fund, sac capital. do you think that has any impact o

shares prices on amazon and google touching all-time highs in today's session. in the past year, amazon, priceline, and google are up respective 36%, 37%, and 57%. so the question is here, which one of these stocks can you still buy right now? let's call to the charts with the man who made the best call of the week when he said last friday to buy gold. gold call really paid off this week. carter, are these stocks still a buy? >> anyway, thank you for that. but, yeah, i like them all, actually. there's good things going on. they're all long-term charts. i have one for each. let's have a look. one cannot debate this is a well-defined trend. amazon has continued to defy the shorts and there's every indication momentum's intact. powerful move today. and then we think you're going to play to the top of the channel. so into the low -- you know, about 340. and that's plenty from here. take a look at google and priceline. and what's important and we're looking at the past tops in something like a boeing. this stock has exceeded the past top. whereas u.p.s. and boeing fa

maybe they showed the touch screen to amazon and just maybe, amazon said, we're not interested in it. then two years later they came out with a product. >> john: a lot of patents are garbage? >> the problem with that is the patent office. the patent office does a terrific job with the resources that they have. >> john: look at this five-year-old got a patent for a new method to swing on a swing. side by side motion by pulling alternately on one chain and then the other. dad was a patent attorney and he filed it as a joke but the government approved it. >> the problem is patent office can't always hire the best and brightest. if we had better qualified people at the patent office that would benefit everybody in the system. >> john: we won't solve this here. rob, thank you for taking my abuse. coming up our studio audience gets to award thousand bucks to somebody. and this man says he is too injured to work. does he look disable to you? disability fraud, next. ♪ could save you fifteen percent or more on car insurance. mmmhmmm...everybody knows that. well, did you know that old macdona

amazon. looking for 5 sent on revenue of 15.7 billion representing year over year growth of 23% on the top line. b. riley saying amazon is a buy. strong gross margins. expenses are slowing. their price target is 341. starbucks, here eps of 53 cents on revenue of 3.7 billion. year offer year growth of 24% respectively. piper jaffray says starbucks is well positioned for success. talk about proven brand equity. price target is 72. zynga with a also of 4 cents on revenue of 183 million. that stock up today, up some 50% now this year but not huge fans have a hold rating here. talking about the recent mixed performance of some of its new games. finally, newmont mining. analyst expect 42 cents on revenue. guys, back to you. >> josh, thank you. that's a mouthful. we have a lot to get to after the bell. as we close the dow, virtually unchanged right now. just waiting for all those earnings to come up. >> all that action and not so far from where it began today. up next, mike holland says buy back int

amazon has warehouses unconstruction in tracy and patterson. >> love the picture of the sun above the low clouds and below the high clouds. very nice. >> very nice. i will show it again. beautiful picture if you can debt above the cloud cover this morning. it is thick but not hugging the ground so it is not considered fog. i had mist coming across the golden gate bridge three hours ago and drizzle along the coast and maybe the peninsula so be aware that it was happening at one point this morning. now a look at our apps. bruce was watching the morning news on his ipad and saw this beautiful sunrise and he took the ipad, took a picture of him, the ipad, and the sun and they happened to be michael finney promotion running at the tame. thanks, bruce, for that beautiful sunrise picture from your back porch. he was watching the news looking at the sunrise on the back porch. that is living the life. if you are watching this on back porch, you would have to be above 2,000' at mount tamalpais with the beautiful picture of the sunrise. now, smoke, sunshine and cool breeze, cloudy, misty, cool t

later president president will speak at an amazon warehouse. those jobs are going to pay bers, 30% bers, and some benefits. >> before we talk about that, because we're going to talk to an executive at amazon, so i want to go back to, you know, if we double their wages, it will hurt our bottom line. mcdonald's maid $5.5 billion in profits alone last year. >> yeah. those are the shareholders. you'll hear from these companies with franchisees, the independent stores are owned -- they'll say we're a big company with a lot of small business owners. so the winners are shareholders, for sure. workers say they are not the winners, and small big owners and franchise owners say we're not the winner, either. we have higher costs, we're going to have new health care laws coming in. everyone says they're losers but the shareholders, basically. >> thomas, what do you hope will happen today? >> i think the lower you go down the ladder the more you're victimized. the franchisees feel like they're not getting their fair share. maybe it should be off the top if