but just in the way the story is developing, she had worked for amazon cloud services for a number of years. she's clearly mentally having a lot of battles. one thing that let the fbi find her home address was she had shared a vet bill, i guess her cat was sick, so it had her home address, her real name and that's one of the reasons they were able to find her and arrest her. maria: wow, incredible story. >> it just shows somebody very much on the fringe but who wanted some sort of acceptance if you like from her peer group. but we know with equifax, for example, which went through a similar hack, they paid $700 million to settle a lawsuit, i should mention a class action lawsuit was filed yesterday in dc, someone in connecticut who has been affected has started to gather the troops. >> you know, maria, what is chilling in this case, a lot of hacks we think of foreign agents or people overseas. it's a reminder that for big companies, you've got all kinds of developedders coming in and out, -- vendors coming in and out, and a determined hacker who has an inside track, it's very, very ha

so she knew amazon's system very well. in this case, where capital one had a potential breach in the firewall, she was able to get in and she used the screen namer ne eratic. there was a white hat hacker who fight ifigured it out and got ih with capital one. as you go to the cloud, the risks are increasing. here we have one for capital one. the ceo addressed it, saying he apologized to everyone, doing their best to address it. maria: look at the impact on the stock, down 5% on capital one. >> this is serious, 100 million people. maria: normally you see all of these hacks from china and russia and you understand what they're trying to do, try to infiltrate our systems. but an american citizen just hacking, a hundred million accounts. >> it's the new face of criminality, the jesse james of this century, i guess. >> we saw with equifax finally a number put on the cost to the company when they had a monster fine for having allowed a lot of data to get out. i think this is no longer sort of a sin-free world. now regulators are

how do you break up amazon which is underpinned by cloud computi. google chose to work on -- historically it's rumored they're working on a censored version in china. they're inviting scrutiny and it's no surprise we're seeing -- charles: it doesn't help that they sort of kicked our department of defense to the sur curb and -- >> they're not working andre gone fly. that stopped -- on dragon fly. they stopped that. >> they were working with the chinese government. charles: thank you both very much. president trump just tweeting on the. u and china. the eu and china will further lower interest rates and put money into the systems, making it much easier for their manufacturers to sel sell produs in the meantime. too bad. what do you make of it. >> i think there's -- jack made this point earlier. there's all of this negative yielding debt around the world. there is slowing economies around the world. our economies are cup weld the rest of the world. -- coupled with the rest of the world. central bankers have to behave similarly if they want to stimulate

i want to ask about alphabet and amazon. first, jack brewer, jump in here. >> twitter had big plans for streaming, likely sports and gaming. fantasy sports continues to rise, legal gambling continues to rise, being able to chat amongst the platforms could be a revenue source for twitter. what's your opinion on that? >> in terms of their increasing their overall basically usage? they have soccer, they have football. they're doing all kinds of things to basically increase the number of usage in terms of time. as we mentioned before, the average user is only a couple of seconds and they're trying to get to the point where people will kind of listen for an entire game. maria: everybody wants live. >> you can work in the advertising from there. >> and gambling. maria: people want live and l gambling. >> in my opinion, that's a big area of growth for twitter to capitalize on. there's a lot of money going into gaming platforms. no social media platform has gotten their hands around the gaming side and that's what's going to control

all of amazon profits. so it is actually greater than retail now. >> trying to take a bite out of market share, and the big guy oracle microsoft et. great to have you this morning. thanks so much. >> thank you. john freeman coming up democrats divided but maybe not for long what to expect from nancy pelosi meeting with congressman alexandria and numbers after the break. $4.95. delivery drones or the latest phones. $4.95. no matter what you trade, at fidelity it's just $4.95 per online u.s. equity trade. no matter what you trade, at fidelity don't miss your gto experience our most advanced safety technology on a full line of vehicles. now, at the lexus golden opportunity sales event. lease the 2019 es 350 for $379 a month, for 36 months, and we'll make your first month's payment. experience amazing. welcome back i'm maria bartiromo and it is thursday july 25th your top stories right now, 23u6 30 a.m. on east coast first full day on the job for a new u.k. prime minister, boris johnson meeting with his new cab

the websites on a google search, the sellers on amazon. and then absolutely is where they get in trouble that's basically what my microsoft got in trouble in the 90s and so much of apple and revenue is built around iphone yet so many smart phones out there from google to samsung so would you call apple monopoly or because apple store how do you look at that ?fnlgt all of the platform industries have a win or take all dynamic with one or two given winners so ios and android and they control 95% of the actual operating systems in mobile and then you look at there's an article in "the wall street journal" this morning about apple get favoring its own app, versus other third party app developers in the app store which is same thing as grade school favor its own content over yelp trip advisory and many other sites to get this trouble when they integrate or compete unfairly with producers contradicting value or content or apps into the platform ecosystem that's kind of what you call being greedy. >> it would be many previous years unthinkable ma

>> comes down to earnings, first we've amazon, may hear more how prime days went u.s. consumers how cloudy business doing after microsoft ibm blew expectations in that part of the business last week second thing facebook albert how well they monetize that data they find new mousetraps to do well with it in ad. >> we hear about u.s. consumer concerns about global xhooern, starbucks mcdonald's reporting lat er part we are getting a good picture what u.s. consumers are doing in terms of -- those businesses, and global growth as well. >> to point on technology earnings, top story in the journal today is that microsoft apple am phenomena facebook made up, almost one-fifth of the s&p total return this year, but, again, that is that is best return for the s&p since this time of the year since 98. >> large-cap names driving it look at other side of the coin small caps doing terribly relative to large caps the question is as investors try to sort all this out are there bargains in this small cap mix. >> or is small caps telling us something that people investing in big cap stoc

maria: yeah. >> because aoc has dna at the crime scene in terms of amazon taking off. maria: good point. all those jobs. a lot of -- >> overlapping the congressional district. maria: there's netflix earnings, the stock is down big this morning, down 10 and a half percent, lost significant number of subscribers in the u.s. first time in nearly decade, blaming downward trend of second-quarter content, the stock is coming down. >> i'm not surprised by this, there was going to be point where there was many competition in the field too, the whole idea of cutting the cord was that your bill should be cheaper, if you're subscribing to every service, they will not end up being cheaper, they are going for content and there's a lot more to choose from. maria: you the behemoth like a disney coming out and putting content from netflix. >> that's certainly an issue and users will see where am i getting the most content for value that i'm getting, they will switch and adjust bills that way. >> viewers have a finite wallet that they are willing to pay for subscriptions and netflix ju

it's official, european regulators are investigating amazon. they're going to look at whether amazon's use of other merchants' data breached eu rules. it will focus on amazon's standard agreements with marketplace sellers and whether the company uses their data unfairly. amazon says it will cooperate. there was a hit in the stock this morning. it is slightly lower in the premarket right now. taking a look at shares of qualcomm, they are actually moving higher in the premarket, more than 5 and-a-half percent right now. the justice department asked a federal appeals court to pause the enforcement of an anti-trust ruling. justice department says it would be impossible to replace qualcomm's role in 5g technology in the short term. back in may a judge ruled qualcomm engaged in anti-competitive patent licensing practices and ordered the company to license its technology to rival chip makers. we'll see where the court case goes now. in honor of the the 50th anniversary of the apollo 11 mission to the moon, the washington monument is looking more like

amazon owns the day. it's now amazon prime day. so i think it's a really fascinating thing to watch and how we're seeing such a different model. >> yeah, amazon is the 800-pound gorilla. there's some other big players. but the notion that you can take a customer and say here's a great deal and it's called the loss leader, now buy something else. with amazon they're not trying to get you to buy something else. they're trying to get you locked into their system. >> yet they are. i would love to know what the average amazon prime member has spent in the last 24 hours. i'm seeing on social media all of these folks are posting, did you get this deal, did you get this deal and people are buying air fryers and all kinds of things they don't need. dagen: i would like to return the bag of groceries i bought from whole foods on sunday because a lot of it was molded. i'm looking at goldman sachs earnings. looks like a beat, ashley. ashley: let's start with the headline numbers, dagen. earnings per share coming in on a diluted basis, 5.81, $5.

i think they have to understand that amazon's amazon. they can pick up kind of the rest of it if you will. dagen: which retailer does the best job riding on amazon's coat tails. walmart would be the obvious one. >> i would say walmart. i would say target has done a phenomenal job. they're using retail stores more than a lot of other retailers will use them because of the sortments. -- assortments. a lot of retailers are using the actioam xiom if we take the stot of the h equation, we reduce co. >> i'm a regular amazon prime shopper. i didn't know it was amazon prime day. are they advertising -- i mean, how come i didn't get an e-mail about this. you have to turn on "mornings with maria." are they advertising this in a way i'm missing. >> good question. i've been getting hit. they've been blitzing me over the last several days, weeks. the big announcement was june 25th where they announced exactly when it would be. you kind of knew if you're an amazonophile. then they hit you with it's going to be 48 hours this year instead of 36. they ma

so amazon can add singles day and amazon's unstoppable on prime day or any other day, selling hundreds of items a second that no one else can match. >> is there some sort of risk that with prime day there's going to be a lot of loading of purchases into those two days, could that affect, say, back-to-school for a lot of retailers including amazon? >> great points. it will affect back-to-school for everyone that you referenced. and at the same time, though, it will add more prime members so amazon with over 100 million prime members will probably add millions more. and at the same time, with price discovery, people even if he or she spends the same amount of money will buy more units. so it will raise the standard of living and also lower prices and that's one of the reasons maria and dagen report every day the fed can be more accomodative because amazon is a key catalyst in price deflation and a lack of overall inflation. >> i agree with that as well. >> people think of amazon as a retail company. if you actually look at how it makes most of its money, it's the idea that it provides cl

when asked what he thought about amazon, facebook and google, the answer was interesting. >> they've changed the world and they're the disrupters now. we were disrupters in our youth. now they're the disrupters. we have to figure out how to position ourselves to adapt to the changing world that they're changing. you're not going to fight them. so you better accept them as a fact. >> reporter: so interesting there. they're the disrupters, they are changing the world he said and sort of also said if you can't beat them, join them. that's part of the conversation i think that's happening behind the scenes here today. but the other things people are going to be watching is sheri redstone. we're looking for an announcement on a cbs, viacom veemerger.maria: another topice potential regulation within the social media space, right? particularly as we've got a tech summit going on at the white house and all of this criticism about censorship. >> reporter: that's the conversation going to be taking place in washington and a conversation that's taking place here. it's going to have such an impa

used to be you couldn't sue amazon if the product you bought at amazon was defective. you would have to sue the manufacturer of that product. the court ruled you can now sue amazon. maria: all the retailers wanted it to go that way. they thought amazon got a free ride. a lot to come, the border crisis, mike pence visiting the southern border this friday. i'll speak with his chief of staff, mark short, next. stay with us. most people think a button is just a button. ♪ that a speaker is just a speaker. ♪ or - that the journey can't be the destination. most people haven't driven a lincoln. discover the lincoln approach to craftsmanship at the lincoln summer invitation. right now, get 0% apr on all 2019 lincoln vehicles plus no payments for up to 90 days. only at your lincoln dealer. maria: welcome back. good wednesday morning, everybody. thanks so much for joining us. i'm maria bartiromo. it is wednesday, july 10. your top stories right now, 7:3. jay powell on the hot seat today. it is day one of his two-day testimony. his prepared remarks will come out at 8:30 a.m. e

amazon in terms of the unions turning their focus to amazon to try and unionize the workforce there, so they use tactics like this and they also use language like what you heard from alexandria ocasio-cortez which, by the way, your own city would have benefited greatly from the tax revenue from amazon and the jobs that that company would have brought in. maria: she really blew that one. dagen: using language to cover-up horrible mistake and helping drive amazon at least the second headquarters out of new york. jon: i would say as far as this trying goes, i would say this is a sign of a strong economy and that's good news, right, because workers in a really weak economy aren't going to go out and strike and, you know, put themselves in a position where they could lose their jobs, this is a sign that once, again, the economy is strong, unemployment is low and workers are emboldened to say we want more. >> i can tell you that people in virginia would be happy to have a facility from amazon in that part of the country which is still -- still just quite frankly part of a waste land left o

maria: a new amazon dropoff, a major retailer now accepts amazon returns. retirement out of reach, why many americans fear they will never stop working. back in a minute. ♪ what if i lose it all. ♪ twenty-four people came together to sign an agreement that created the stock exchange. just the right elements coming together. it started when scores more people came together, just down the street and traded bonds that helped pay for the revolution, and the nation it created. it started in an office on the corner where the right people witnessed the telegraph and brought information and humanity together forever. it started with the markets, bringing together steel and buildings and silicon and medicine and rockets. we believe the possibilities of life and investing are greater when we come together. it's why for eighty years we've connected ideas with technology, data with inspiration, investors with solutions. so that every day together, it all starts again. ♪ the cloud i need? it has to keep up with sales, supply chain, inventory - ♪ ♪ it needs to

the seattle times writing amazon plans tallest tower marking presence in belleview, unveiling 30-foot story that would accommodate thousands of employees, amazon aim to go finish the building in 2024 and the mississippi ledger says selling veggie burgers in mississippi can land you in prison. companies sue state over law. upton's naturals is suing over a law that prohibits companies from using meat terminology when selling vegetarian and vaguan products, you can't say vegan burger or meatless hot dog, remember the controversy about almond milk or oat milk because it's not really coming out of the mammaries of an animal so you can't say milk, violaters can face up to a year in prison and 1,000-dollar fine. somebody is taking money from the meat lobby, the beef lobby. >> you think? dagen: yeah. [laughter] dagen: this is how we are spending tax dollars? >> i don't think anyone who has ever eaten a meatless hot dog thinks it's a hot dog, we all need to just chill. dagen: i think it's much to do about nothing. can we come up with another name, if it's a patty why can't it be a hamburger, d

amazon also. a lot of people want us to take action. >> are you going to? >> i can't say that. i can't say. cheryl: well house judiciary committee opened antitrust investigation into google and amazon just last month. well, elon musk boring company putting up help wanted sign, looking to expand the workforce in vegas where they are planning to begin construction on tunnel system also headquarters in california and musk says the jobs include engineers, construction managers, architects and boring machine operators, most new hires expect extended hours and weekend work among the many requirements. those are your headlines, dagen, thank you. dagen: thank you, cheryl, fresh controversy for nike, the company pulling its betsy wall's flag shoes at the request of colin kaepernick, former nfl star jack brewer weighs in next. it's time for our lowest prices of the season on the sleep number 360 smart bed. it senses your movement and automatically adjusts to keep you both comfortable. the queen sleep number