, amazon. i was actually feel producing problems during the amazon fire is in 2019 right. thanks for being with us. me, andrea. hello everyone. my name is andre, i represent an n g o. in brazil college opa, which works for the special ed is no direct grey and elise. i will thank you so much for following writing us in your extra i should be, which is also and then to also in the, in metro grosso as well. and we go to each one of the state that moved this one, these key. great. all right, well let me, let me ask you the amazon's been referred to for years as the lungs of our planet, meaning it sucks in all the c o 2 and it puts out oxygen. that's still true. while that's still true, as we heard from the log to chris for it's reaching a tipping point, where even though most of the amazon is doing fact, then it stops having those capabilities, which is of course, would be a tragedy for the whole world. but while when we were there, when i was there and i was part of the team on the ground there, i

amazon. there's lots of people working with the people from illegal loading. the people from the business. there is a people linking to illegal gold mining, for example. there's a lot of people working with this chain off crimes in the amazon there for a station is one of them. the cleared land as he used to produce beef and agri products. a large portion of which is exported to parts of asia. people need to understand that we are all responsible for this. so even people, faraway pakistan in china in australia are also helping with the environment problems in the amazon because they are consumers. mm. worldwide forests still cover about 30 percent of the planners, but they are disappearing at an alarming rate. between 990-2016, the world lost 1300000 square kilometers a forest. according to the world bank that scenario larger than south africa, we arrive in the state of barbara to investigate the effects of the fires in northern brazil. burned down jungles, now resemble a war zone. erica vera

you're the ceo of amazon congratulations. and so is it any more likely than it's been the previous five or six times i've asked that you think it is a good idea to spin out aws from amazon? >> i knew you'd ask that question every year you ask that question i don't think it is any more likely no, i think all the same things we talked about in the past make it a long shot. >> yeah, okay. so, last week a judge ruled in the apple epic case. and i think in a way that has some broader implications for technology, for big tech i mean, similar to apple, customers love amazon, but there is all this government pressure these days to perhaps change business practices, so i wonder do you think amazon's focus continues to be on the customer solely and that ends up solving the other problems or is there a different waynow as ceo that you need to adjust because of the government messages and pressures? >> i think that always our focus is going to be customers i think if you look at -- i've been at the company for 24 1/2 years now, jon, and

that's how much carbon the amazon stores. so it's a vital component to fight climate change. animals are being affected to it's believed that there are about 3000000 different species of plant and animal life in the amazon. in the amazon, it's estimate that there is $16000.00 pieces arbitrary. unfortunately, a thing that was in my lifetime, if there is no political will, if we don't take strong positions that isn't going to be going but president volts now wants to abolish protection for indigenous language. has called have been echoed by miners put self preservation ahead of environmental conservation. brazil is one of the biggest goal producers in the world was also reported at 81000000 kilograms in 2018. there is a new gold rush in brazil to day one. healed by soaring unemployment in regions inside the amazon rain forest there. evading public lands. log the trees. do some gold mining and damaging these areas or do some fishing and hunting me today. my news have become more organized, creating co operatives to hunt for gold

these 5 destroyed 10000 square kilometers of the amazon in 2019 . while the brazilian government fails to act, the world responds with outrage. with criticism focused on newly elected for right. president julia bolton. i don't know why i thought there hey, we know today was not to happen by chance. he was plan, fostered and executed by the boss on how to govern this is true. oh, also both scenarios election, brazil's environmental agency have their budget, slashed, his economic policies are focused on developing the economy inside the amazon rain forest but albums investigation and a big problem. lack of implementation of brazil's forest laws. why did happen? the company looks to define fund 2 or 3000000 if i a use good liars. i can the state, years and years in years without bay from 1980 to 2019 penalties. book cutting trees down in protected areas. totaled, $17000000000.00 us dollars. less than 4 percent of these fines were collected. corruption and the inability to collect fines have encourage more violators to set up shop inside the amazon. the

and the question now, if you have an amazon-powered television, to what extent do you have amazon extend advertising offering on to the television you could actually have new performance and transaction-driven ads think of it as amazon knows a lot about you, because you're logged in. they know the type of toilet paper they use, what you like to purchase in your home. they could enable advertisers to serve you targeted ads while you're watching that television and theoretically with a click or asking alexa to buy the item you're being shown it could put a direct link between advertising dollars and transactions through voice service. >> the point i don't get can't you do all that with software do it with an external box so great people have to have it tvs have a long replacement cycle. smart in retrospect apple didn't come out way tv instead a box and focused on software. so if amazon's -- plus samsung can always make panels cheaper have to innovate in chips and in other areas to, if they're going to be a premium product. that's a lot of commitment without a price structure that's particu

amazon has rolled out a lot. they've had reasonable success, some notable failures in there with phones. the amazon fire phone, and with the tvs, yeah, there's a huge market for streaming tvs, amazon already has a loyal customer base, so i think there will be reasonable success on this, but i think it's too small i think there's other reasons to own amazon than that talk to us about a price target, which are i think $4700. >> where do you come up with the new numbers? >> i guess susquehanna beat me, huh? we use a 20 times ebitda -- well, look, i've been a long-term bull on amazon with he we use a consistent multiple, in order to get to our priors target. i do want to throw out one piece of warnings. amazon is aggressively investing. one of the negative surprises is the outlook for margin declines. one of the warnings signs we put in, is if they're ramping up this capacity, one of the issues could be mark pressure i do worry about that near term, kind of three to six months i think we'll see margin pressure. i don

amazon echo show. david: as a parent, i have lived through the life of trying to juggle three kids, shoveling around to various soccer games, and our kitchen was a montage of sticky notes, things on the refrigerator. technology can help solve that. we think this idea of ambient intelligence as something that is hanging on your wall cannot only entertain you but at the same time can help you get more organized through a common family calendar, to do notes, things done in a sort of new way. emily: the biggest talker has to be the astro robot, sort of a step beyond alexa on wheels. we have seen robots like this unveiled in china. i am curious what the data is telling you about whether or not consumers really want something like this and if you see this becoming a mass-market consumer device? dave: as you say, astro is our new robot we lunch today. what it is is this idea that we can do more if we can bring technology to you in an ambient way in your house. i have had it on and off for about a year now. ce

>> correct this gets to the second part of the question why would amazon do this why amazon pay all this money when they need more subscribers than directv today part of the reason is amazon may becontent with losing money because the way we are doing this calculation is for sunday ticket what we are not taking into account is the ancillary money that amazon or anyone else would make from having there directv was willing to lose money for years because they saw sunday ticket as a loss leader to get in the door to pay for satellite tv month after month after month. i get sunday ticket. i pay for directv for eight months when you do that, it becomes money. amazon has a similar thing anscillary business in prime. $12 a month. if you are not a prime member or if you are a prime member today, this is one more thing to keep you in the amazon ecosystem which is amazon's business you want to go there you want to be the everything store. this is one more interesting thing now that they have to throw into the everything store. while there, buy a yankees hat if you are watching yankees games availa

>> amazon is not a fully fledged content company. it is one of those things it does when it bought whole foods, they didn't revolutionize the food business, restructure food, they bought it as one of the many things they do. >> our core mission is to allow any company to build their business and their applications on top of our technology infrastructure platform. >> the vast majority of media companies are using aws and netflix, despite the fact they compete very aggressively with prime video, they run everything on top of after ws, disney, warner, fox, hbo, turner, they all run on aws. >> we have our annual to talk a buffalo wing eating competition. >> are you doing the celery eating competition for the vegetarians also >> for any of our businesses at amazon, the customer experience is really the thing that unites us all, every business starts with that customer experience. everything else moves outward from there >> yeah. since 2015 around this time of year i've had an opportunity to sit down with andy jassy back then his title was

are separated and amazon benefits consumers because of the way the marketplace works. having inventory keeps prices in check and allows amazon to force lower prices on the third party merchants and the logistics servers and the technology servers amazon provides at school to the merchants is beneficial as well there's two sides to every story, right, and i think amazon acts aboutas well as one can i terms of managing both sides of the marketplaces but more constraints that are put in place certainly will favor these independent third party providers like shopify and etsy >> scott, quick, in your universe you have some companies struggling to adapt to the new environment or the case of some apparel names getting their recovery delayed, what do you look for when in fact you do get cautious >> i think you look for the -- these are growth business, it's a growth industry so you look for the inability to grow and some of the names in that category in a mature business like ebay has shown signs of enhanced growth and we'll have to see if that sustains through the other side

amazon was tipped off to it by some folks in the news media. and they took down that website amazon for folks who don't know this a to be wes controls about 40 percent of all cloud computing in the united states. so they are extremely powerful and extremely influential in terms of websites. so that includes not just, you know, storage, but it also includes the ability to even host a website. they control much of kind of the backbone of the internet as it's called . and so a to be wes decided it was going to take down this website. it did so, and most people would say, hey, that's fine, that's good. we don't want to see websites doing that. the problem is, of course, it never stays in just one website or one area. and amazon is already talking about how was going to build a new team and essentially target websites and target any kind of storage of content that it deems as being extremist. and that's so word that kind of goes along with what we call a slippery slope. because what is extreme us to one person is not necessarily extreme us to anothe

now amazon unleashing its dog into your home actually it's a robot. it will follow you around the house and do all kinds of things we'll break down the list of its futures and the cost >>> favorite news of the daytime now. amazon just unveiled a fleet of shiny new gadgets at its fall product event. included here, a smart thermostat to compete with google's nest. an echo device that will hang on the wall called the echo show 15 a video calling device called the amazon glow. and a fitness focused smart watch called the halo view but the real showstopper straight out of hollywood. a tiny roomba looking robot with a tablet of sorts on top, about the size of a small dog our reporter says, but likely capable of much, much less it's the amazon astro. kinda like an alexa on wheels that can follow you around the house. so instead of yelling for the weather across the room you can just talk to the little gadget, a robot with eyes by your feet you can have it spy on the kids or the dogs in a specific room and see the live stream all on your phone it can play mov

of course, before that, amazon news, we will continue to watch it. we were watching apple stock on an intraday basis. it did decline, and dragged the broader market with it being cap weighted as it is. apple is treating it as a mixed ruling in the ongoing dispute with epic. emily chang is with us now. you are following this closely. let's start with victory being claimed by both sides. from apple's point of view, it could have been worse? emily: absolutely. apple says this is a validation of the app store and the business. i got off of a call with apple's general counsel, who says they are so analyzing the decision by the court confirming apple is not a monopolist. it is the key thing for them and that this is "a huge win," but it is more complicated. a judge granted an injunction against the payment model, saying apple has to redirect consumers, offer the ability for apps to redirect consumers to pay outside of the apple payment system, and that could take a huge bite out of the profitability of the app store. what apple is calling a victory is this

i pressed him on amazon's safety record and asked him how amazon has managed to hire when others can't. >> i think if you strive to be earth's best employer, and we have 1.2 million employees in lots of different roles and a number of people in our fulfillment centers, there are a number of things that you've got to work on to live up to that goal one of them is a focus in an investment on safety but we've known for a long time that we have to be competitive on compensation and benefits it's why to your point we pioneered moving the minimum wage above $15 in our fulfillment centers. today the average hourly salary is $18.32, which is more than double the federal minimum wage. it's also more, jon, than 40 million american workers make. so we need to raise the federal minimum wage i hope the government works on that. >> so the big message for investors is brand, bucks and benefits that's how amazon is managing to hire tens of thousands of workers when other businesses are having some trouble. so not everybody has amazon resources, but if you think about what those mean to workers, maybe

mission accomplished on amazon's i is a winner for amazon. mission | accomplished on amazon's part. i do not know that they need an amazon robot rolling around my apartment. forthe amazon robot rolling around my apartment. for the time being i think they are getting the attention they wanted. isn't about a company _ attention they wanted. isn't about a company owning i attention they wanted. isn't about a company owning what you do in your home? if you are going to go down the arm zone road, does amazon not do everything for you, therefore you are not going with apple or someone else?— someone else? 100%. that is what they _ someone else? 10096. that is what they want _ someone else? 10096. that is what they want to _ someone else? 10096. that is what they want to do. - someone else? 10096. that is what they want to do. they i someone else? 10096. that is i what they want to do. they want to own every smart speaker, they want you to be subscribed to the service every month. they definitely want to make sure that they have a lock on everything. the way they do that for most people

now amazon unleashing its dog into your home actually it's a robot. it will follow you around the house and do all kinds of things we'll break down the list of its futures and the cost plus, how the company is already trying to get ahead of privacy concerns smar t dog. with farmers crashassist, our signal app can tell when you've been in a crash and can send help, if you want it. get a whole lot of something with farmers policy perks. ♪ we are farmers. bum-pa-dum, bum-bum-bum-bum ♪ it's another day. and anything could happen. it could be the day you welcome 1,200 guests and all their devices. or it could be the day there's a cyberthreat. get ready for it all with an advanced network and managed services from comcast business. and get cybersecurity solutions that let you see everything on your network. plus an expert team looking ahead 24/7 to help prevent threats. every day in business is a big day. we'll keep you ready for what's next. comcast business powering possibilities. baaam. internet that doesn't miss a beat. that's cute, but my internet

changed demand for delivery and what amazon did in response. >> we spent the first 24, 25 years in amazon building a very broad fulfillment center network and over the last 18 months to 2 years had to double that footprint. so it brought on unprecedented demand i think that there are plenty of things in the process that we know we could do better, but i think the way we were able to help so many people get the ppe needed, the food they needed, items they needed both to function as well as to stay sane during the pandemic when we were all at home -- >> julia, this question of delivery and connecting people to the items, whether buy online, pick up in store, or it's buy online and pick up at a separate location or it's delivery is one of those things whether you are an amazon or you're a more traditional retailer, you're working through to figure out even as certain areas start to come out of this pandemic >> yeah. i mean, jon, i have to note amazon did have a restaurant delivery business in the past. i believe called amazon restaurants and i know it shut down in 2019 when you look what's c

copo tacotamos a amazon que dijo la seguridad de klein de es una alta prioridad. agregÓ que amazon ya retirÓ la mayorÍa de productos mencionados en la queja, notificÓ a clientes ofreciÓ reembolsos por completo. >>> la ley que obliga a la comisiÓn o estipula que cualquier comerciante, importador distribuidor, fabricante, es responsable de la seguridad de los productos. >>> la portavoz de amazon dijo que la compaÑÍa lider la industria y que han ofrecido expandir su capacidad, sin importar si son vendidos por amazon o por terceros la empresa dijo que su garantÍa se extenderÁ. y dijo que le pagarÁ a crÍen clientes por reclamos menores. la comisiÓn reconoce que amazon ha tomado acciones pero alega que no son suficientes. >>> la realidad que van un paso acelerado este tipo de ventas por internet y tienen que tambiÉn evolucionar. se espera que se frente estas malas ventas. >>> y recordar que el cliente siempre tiene la razÓn. >>> tras la pausa fuerza de vientos disminuye y con esto crece esperanza de bomberos de dominar el in cero dio caldor. >>> pÓlizas

coming up, we have amazon's hardware launch. we will be speaking to david limp, amazon's senior vice president of devices and services. this is bloomberg. ♪ is bloomberg. ♪ amanda: this is bloomberg markets. i'm amanda lang. he want to take a quick check on tech stocks. we are still seeing a selloff in equities, responding in part two that jump in yields on the 10 year. and nasdaq 100, amazon down 2.8%. apple is faring better than some. google at last check was done more than 3%. it is one of those days that you see big men to moves. alix: not only higher yields but the supply praying -- chain pressures. if you have issues and certain plants in china having to conserve power, that will have a feedthrough effect. probably why you are seeing semis down today. amanda: we will watch micron and see what it has to say. a lot to be said about amazon today, it's hardware launch event is underway. emily chang is standing by with a key voice from that event. >> we are here with david limp, vice president of devices and services after

now amazon unleashing its dog into your home actually it's a robot. it will follow you around the house and do all kinds of things we'll break down the list of its futures and the cost (man) go on, girl, go on and get help! [heartwarming music] (man) ah! (burke) smart dog. with farmers crashassist, our signal app can tell when you've been in a crash and can send help, if you want it. get a whole lot of something with farmers policy perks. ♪ we are farmers. bum-pa-dum, bum-bum-bum-bum ♪ (vo) this is more than just glass, walls, doors and carpeted floor. it's a place to change the world. loopnet. the most popular place to find a space. ♪♪ i've always been running. to meetings. errands. now i'm running for me. i've always dreamed of seeing the world. but i'm not chasing my dream anymore. i made a financial plan to live it every day. ♪ there was a dream ♪ ♪ and one day i could see it ♪ at northwestern mutual, our version of financial planning helps you live your dreams today. find a northwestern mutual advisor at nm.com >>> favorite news o

it is good news for amazon. emily: we have seen how entertainment in general has changed with the big tech like amazon and netflix getting into original content. how do you think the gaming landscape, the competition in that world changes with amazon and netflix being bigger participants? tae: i think they will be aggressive on the m&a side. but also by having the success for amazon, after the series of failures, it proves to amazon that they can do this. that they are -- that their original content division can be successful. i see amazon investing billions of billions of dollars to attack the space. emily: bloomberg's tae kim, thank you so much for your insight. coming up, we put the focus on public listing, as online eyewear retold -- retailer warby parker makes its trading debut. we will hear from the new york stock exchange president on the current ipo pipeline in the path to going public next. this is bloomberg. ♪ emily: eyewear retailer warby parker goes public on the new york stock exchange, finishing

we'll see what happens with the mgm transaction, and amazon. you know, will the ftc allow that to go forward you know, within the content production business, mgm doesn't account for a huge market share, but the issue of amazon having access to the data is something that is going to be interesting to watch, if they challenge that transaction. and we'll see. we'll see if it holds up in the appellate process. if you're one of the four big tech companies, having a transaction, even one where it shouldn't be a problem under current economic thinking, there's going to be some procedural delays by both agencies taking a very close look. >> well, thank you so much for sharing your insight on this very complicated landscape >> thanks for both of you for having me. >> indeed. >>> now there's elizabeth holmes you can see entering the courthouse we'll have more "techcheck" after a break. jerry is here! j! mate, how are ya!? it's so good to see you. good to see all of you, yeah! why is jerry so... popular? it's been like this ever since we started using wo

amazon is bringing its cashless technology to whole foods. it is wednesday, september 8th and this is "worldwide exchange" right here on cnbc >>> welcome or welcome back. good wednesday morning, everybody. i am brian sullivan. thank you very much for joining us here is how your money is shaping up on this wednesday the futures, they are down but i'll give you some good news they're not down as much as they were when we woke up trust me, that's early dow futures down 98 points they were down over 200 earlier in the session the dow falling 270 points the s&p slightly lower but as we said, big tech, it continues to roll nasdaq was able to eke out a small gain and of course closing out a new high as you have heard from many guests no doubt this week, particularly after labor day, this week shortened, often volatile and often sees selling. you have lower volumes so any moves are exacerbated. it's only a trend which is not a trend. no group got sold more on tuesday than the cryptos bitcoin tumbling nearly 10% at one point and of course after breaki

. >>> in rapid fire netflix goes for gamers, macy's goes after amazon we begin with rebound in stocks there. it is there for two out of the three, dom >> i would say that the nasdaq goes negative right now, that's what you are seeing, kelly it is slipping, not a lot. at the highs of the session nasdaq was up roughly 130 points and now it is down 7 it is a stark reversal given the sharp sell-off we saw in yesterday's session. a lot of the markets losing a little bit of steam here the dow industrial still up about one half of 1%, 150 points to the upside. s&p 500, 4366. it has not been because of a sharp move in interest rates check out what is happening with the ten-year treasury note yield. right now, 1.53% remember, at one point yesterday we did get kind of some of the high levels but we haven't seen a lot of movement today in treasury yields. so the ten-year note yield, yes, it is still elevated on a relative basis but not the key driver of any weakness we've seen so far, at least in the nasdaq that we can see check out what is happening with the drivers of the trade apple, microsof

amazon is trying to muscle its way into your digital wallet. >> amazon is wrapping up his contact was payment system nationwide that works by skinning the palm of your hand. kiet do takes it for a test drive. >> reporter: the new payment systems have been rolling out across the country for the past year. finally, here in the bay area mama we get her very first one, and it launched this morning. you really have to hand it to amazon, for trying to put the future of payments right in the palm of your, you know. it is called amazon one, a new contactless payment system that launched for the first time in northern california at their store in santana row. to sign up, first insert a credit card, then hold your hand over the special camera. it will scan the lines, bridges, and even pattern of veins inside your hand. the algorithm then creates a unique palm signature. the whole process takes about 1 minute. tommy was the first person in the bay area to sign up. >> i think it was really cool, a very convenient form of payment. quick and easy. >> reporter: liz thinks the new technology could co

amazon helped me with training and tuition. today, i'm a medical assistant and i'm studying to become a registered nurse.

still think that amazon web services and the other businesses that amazon is in other than what you and i have been talking about so far are going to continue to just be high demand and obviously failed pricing power like very few others >> so brenda, ubs is out today and thinking about the same thing that we are and that we're talking about. they say rising yields shouldn't end the equity rally but it could have an impact on relative sector performance and i think we agree with that mike wilson, by the way, says you want to stay defensive, this may be the time he says when markets are playing tricks on investors and even setting a bit of a trap. he's talking about why stocks rallied last week in the face of his own call for a 20% correction in stocks i mean i'll give him credit for holding his guns, keeping to his position there you want to take a position on either one of those suing begs either from ubs that yields won't end the equity rally or mike wilson who says we're basically getting a fake out >> one i think we can't forget we've been in this period of time where economic growt

¿cÓmo pueden entrar a amazon? ¿cÓmo aplicar? adam: la verdad es que es muy fÁcil, ahora mismo tenemos 40.000 posiciones abiertas para puestos tecnolÓgicos y corporativos y 125.000 para posiciones en nuestra red logÍstica. para aplicar amazon.jobs ahÍ esta todo il, se puede hacer online y automÁticamente nos pondremos en contacto con estas personas. pamela: ustedes tienen sedes por todo el paÍs, no estÁn limitados a una ciudad. adam: exactamente, tenemos clientes en todo el paÍs, temos que invertir en todo el paÍs para completar estas Órdenes. en casi todos los estados y por supuesto puesoficinas corporativas en seattle, washington d.c. donde tambiÉn estamos. borja: gracias por venir a la ediciÓn digital con tan buenas noticias.un abrazo para todos. pamela: 16 estados del paÍs reportan que 35% de sus residentes. padece de obesidad esto aumenta por supuesto el riesgo de hospitalizaciÓn y hasta muerte por el covid—19. estÁ vinculada a la diabetes. como sabes, algunos tipos de cÁncer. borja: los datos de obesidad s

participar en amazon el dÍa 15, tenemos 40.000 posiciones abiertas. amazon.jobs y enviar su currÍculum. ahÍ hay un grupo de reclutadores que van a asesorar al puesto que mÁs encaje con la experiencia de cada uno. y verÁn cuÁl es el mejor para aplicar. carolina: son buenas noticias, mÁs oportunidades de empleo, muchas gracias. nos despedimos y te mandamos saludos a washington, seattle. satcha: hablando de empleos nuestro nÚmero del dÍa es 235.000. corresponde a los nuevos trabajos creados en agosto. la cifra es un poco menos de lo pronosticado. el departamento de trabajo informa que el Índice de desempleo se redujo dos dÉcimas alcanzando el 5,2% el mes pasado, lo que supone el nivel mÁs bajo desde que la pandemia impactÓ al mercado laboral. carolina: y hablando de desempleo esta informaciÓn te va a interesar. 7 millones y medio de estadounidenses perderÁn los beneficios por desempleo que les han ayudado a mantener a flote durante la pandemia. hablamos de los tres programas de asistencia por desempleo que incluye los 300 dÓlares adicional

and again, just go back and study what happened in amazon. it's the same exact scenario. >> joe terranova with a trade on netflix. kari you are not trading it you own netflix. got to imagine you like the fact that joe is stepping in here >> love that joe's buying netflix. so here is why we own it and we have a profit in it we bought it last year you remember that netflix was a fantastic covid stay-at-home kind of stock. and this stock just moved higher and higher as everybody birchingo binge watched everything they could find and in september when the fang stocks and tech names began to slip that's when netflix began to underperform it underperformed about a year now. and it stopped underperforming on may 13th. again, when many of the tech names began to have a bounce and you can tell from the nasdaq 100 and lots of the names that had been sleeping for a while since the reopening trade came into vogue, it began again to start to look better now on a fundamental side, forgetting the technicals, i i agree with, what we're seeing in netflix is a

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. what happens when we welcome change? we can make emergency medicine possible at 40,000 feet. instead of burning our past for power, we can harness the energy of the tiny electron. we can create new ways to connect. rethinking how we communicate to be more inclusive than ever. with app, cloud and anywhere workspace solutions, vmware helps companies navigate change. faster. vmware. welcome change. >>> saturday marks the 20th anniversary of the terrorist attacks. gol former ceo bob scott was at the world trade center on 9/11 thank you for joining us. >> you're welcome, wilf. good afternoon. >> morgan stanley was one of the biggest tenants in the building. >> i was down in the trade center, which connected to two towers, given a presentation to a group of economists. in the middle of my presentation there was a loud noise, the building shook and the ceiling started to c

amazon i understand. facebook brings with it its own set of problems, a lot of it facebook-induced for the seemingly hundredth time, if esg investing sort of captures facebook sustains or investors' attention against facebook, that's it. the party is over. it hasn't happened yet, but the stock is definitely trading that way. >> pete, are you with you citi on this? >> i don't agree i think we have seen time and time and time again how it's been so teflon it's a favorite name i continue to hold it. i'm not shaken out i still love the fundamental story. we talk about eyeballs aural time look at the different verticals that facebook has. they're consequence taply -- somebody is always after them, mel, usually it's their own fault, and yet the stock continues to the up side i'm probably eyeing an opportunity to maybe re-add to the position. >> karen wag doing that, too there were instagram hearings on capitol hill today, tim, and the stock was flat >> look, these hearings are a folly. the senators asking quest

for amazon, this was a fantastic deal, bringing extra publicity to the amazon platform, allowing them to reach wider audience. in the u.k., amazon prime is accessed in less households than their main competitor, netflix. she you can see from my chart that the revenue of subscription service has been increasing quarter on quarter, culminating at $8 billion in the second quarter of this year. but ultimately, it is about earning more people want to the amazon prime platform, and live sports coverage is one way to do that going forward. alix: laura, great set up. we want to bring now in bloomberg's many quinn, who is standing by bloomberg's vonnie quinn, who is standing by with -- bloomberg's vonnie quinn, who is standing by with u.s. open men's winner, denny medvedev. vonnie: daniil, graduations. what does it feel like? daniil: thank clets. first of all, -- thanks a lot. first of all, didn't sleep much. but the feeling is relief, a lot of happiness. something i have been dreaming of for my child, but you think you can never achieve. then you understand that you are actually close to doin

amazon wants to bring more people onto the amazon prime platform. amazon is going to have 80% of french -- going forward this year. manus: you know i secretly signed up for amazon prime somewhere. good to have you with us on the show. coming up, what to expect in the next six months of the pandemic? what is ahead for you in terms of lockdowns, vaccines and life --what will the new normal be? ♪ manus: it is daybreak europe. tom mackenzie alongside me in london. if you want to know about a market that is squeaking higher come of this on a commodity complex. trading above $3000. for the first time in 13 years. a huge report out this morning about the overall supply situation. we are ranking on this market. tom: there are questions about the supply of boxlike to china. the goldman picture outlined getting more sustained price hikes. $80 a barrel is the number they looked at. manus: what are the emergency stockpiles in china? we have seen them do this cautiously in a number of commodity markets. we need to understand the ballots. -- we need to understa

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. this is mike. mike blew his entire life savings on a permanent perm shampoo invention, which actually attracted more cats than customers. now instead of wasting money, mike is looking to save it with amerisave's great rates. see how much you could save at amerisave.com. jack: 20 years ago tom michaud would've been in work as they flew planes into the world trade center killing nearly 3000 people. an important milestone with his 4-year-old son saved him from perishing along with 67 coworkers he spearheaded efforts to rebuild the company in honor of his colleagues who died in the attack the c.b.o. of kbw joins me now. tom we were markina sober anniversary was 20 years ago but i suspect not that many days ago by your memory. i imagine you think about it all the time can you tell us about that morning? >> sure that morning i was coming into work a little bit late i had

just multi-cloud across azure, google, amazon. so a couple of ways to play, either choose a market or strategy. emily: i will actually be interviewing the ceo of databricks right after you. thanks so much for the layup. when it comes to big incumbents, amazon, google, microsoft, do you see the likelihood of a real disruption there, one of them being dethroned, if you will, to use the metaphor? jerry: dethroned, to use the castle metaphor, i don't see a fourth or fifth hyper scale cloud provider anytime soon. clearly, other geographies will have local prominence, but in terms of these hyper scale clouds, the big three are pretty much entrenched. you might have a fourth or fifth cloud provider, like oracle. i think the next two years start to look very different. you are looking at decentralized. there is a bunch of talk of blockchain and web 3, decentralized clouds. vertical clouds. financial services, gaming, health care. third is the edge. this whole decentralized edge computing can be a trend as well. companies do very well at t

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. for skin that never holds you back don't settle for silver #1 for diabetic dry skin* #1 for psoriasis symptom relief* and #1 for eczema symptom relief* gold bond champion your skin i wonder how the firm's doing without its fearless leader. you sure you want to leave that all behind? yeah. stay restless with the rx. crafted by lexus. experience amazing at your lexus dealer. >>> welcome back to a special edition of "fast money" where traders are answering your burning questions. let's get to our next viewer question on a sector that has been under pressure. >> hi, i'm john from kentucky. the quarantine created a massive increase in the value and interest in old video games. and as a longtime gamer, game collector, and first time stock buyer, is there a video game stock to buy right now >> before we get to the question to the answer, let's get to frank colin who has ne

amazon shares have gone nowhere this year. courtney, they have huge needs here can they even fulfill them >> that is such a big question that i keep asking too, kelly. i just don't know. we keep talking about somewhat going on in the labor market and sort of the available jobs with the skills available and the mismatch going on there. you know this happens every year seasonally for lots of retailers including amazon, but obviously this year it is going to be even more of a struggle it is a good idea to add those incentives wherever you can, whether it is pay or other kinds of bonuses or time off i mean you name it, but, remember, a lot of the distribution centers are not located in city centers, right they're sort of off the beaten path that becomes another challenge is where are the workers, where do they live, the ones you are trying to attract to the distribution center. >> delano, are you a buyer of amazon here? >> yeah, i'm still long, still holding. i think it is the stock you also want a dollar cost average in. there wi