as i said, amazon up $8.40 to $2,019. amazon not set to report earnings until later next week. can't wait to see that. let's get to citigroup. citigroup kicked off the big bank names, second quarter earnings season this morning before the bell. the bank reported better than expected earnings and revenue for last quarter. now, you can see the stock is responding at the moment positively, up higher, but there was some concern that the fact that it might have a little trouble with some of the margins and trading business might ding other banks. speaking of other banks, 25 other financial institutio, jpmorgan chase, goldman sachs, wells fargo, all set to report this week along with tech names like ibm, microsoft, and netflix. we're going to be sweating it out here on "the claman countdown" but 56 s&p 500 names are set to report this week. 80 s&p companies overall have warned, though, that their second quarter financial results will be weaker than initially expected. this is hitting companies from alphabet google and apple to pfizer and adobe, micron and netflix also on the list. wi

amazon down by 2%. alphabet, sometimes the options markets get it right, they were pricing a move up or down of 6%. stock up 6.25% after the earnings release. >>> intel reporting its second quarter results. that is another big one to get too. jackie deangelis joins us with those numbers. what do we see, jackie? reporter: connell, intel soaring because we have a beat top and bottom line. revenue 16.5 billion, surpassing the 15.7 expectation. earnings per share $1.06. that was well above the 89-cent estimate. where intel tripped up last quarter was on the guidance. it gave weaker guidance, even though beat on top and bottom line. that was a problem. this quarter raising the full-year revenue outlook, up 500 million from april. so investors are looking at that in a positive light too. before the earnings came out we saw headlines regarding apple acquisition of intel's smartphone modem business. that is in fact happening. that will happen for a billion dollars. apple is getting a majority stake in it. after

with amazon. in one of their cases here in the state much california, they are saying we shouldn't be overregulated because all of the customers that go on to amazon are our customers. they are not reseller's customers. then in another court case they said they are not our customers, we don't want to be liable if something goes wrong with the product. we need to update the law. we are a 21st century economy. we can't let the rules of the 40s and 50s apply to this current marketplace. reporter: google is denying it has ties with china. >> it's very peculiar back ground where google is working with the chinese communist government and not with the u.s. military. so the project decision was not to work with ai with the american military but they are working with the communist chinese. the question is what in the world is going on there. reporter: google reresponsibilitied, as we've said before, we do not work with the chinese military. what about the president and the fact he says his administration

amazon. do you feel amazon miss treats their workers? >> i can't speak about whether or not amazon miss treats workers but the conditions in my company are becoming more and more burden some as amazon increases the pressure of the operations. >> what does that mean, in your case, because we've heard from workers here who say they have to pack a lot of goods in 16 minutes but as a pilot what does that mean for you? >> that means we have a staffing problem with the contracts that we have today we can't recruit enough pilots to stock these airplanes and amazon has really ambitious growth plans, and just getting the airplanes staffed and crewed properly in order to serve amazon is becoming a problem. >> so they're asking a lot of you. i'm just wondering do you feel that you're being paid enough to meet those expectations? >> actually we're losing pilots because we're not paid enough. if you compare the jobs we do to a company like ups or fedex and amazon clearly put themselves into that segment,

can amazon still deliver? >> it is a good question and ask gibbon founder of nonpolitical news diagnostic and chief research officer, at ace research as well as a retail analyst thanks for joining us ladies. >> thanks for having us. i want to start with first of all did you buy anything today and do you think this a.m. disoon prime day is really going to -- stack up how it is supposed to and how it has in years past? >> you know as a new mom or gave birth about a year ago, you're certainly on amazon prime all of the time. so i'm constantly buying stuff on amazon prime for the kids, however, i think because people are -- they really push this marketing message out there so what they're trying to do especially with new prime members are people that aren't prime members yet. they want to make sure that that membership increases. so you know they have this amazon prime concert, they're really trying to go and kind of take market share away from the target customer through wal-mart mirrors. so there's that big push

today. >> shares of amazon in the premarket trading slightly to the upside amazon of course wrapped up the prime day and some shoppers complaining because longer than expected delivery times because so many orders flooded the site. a data company said the internet searches for canceling amazon prime or 18 times higher on monday. that suggests that some customers just want to snatch up some discounted items without making that long term long-term commitment to amazon and the annual fee. he apparently is celebrated at the close of prime day by standing on top of the amazon spears at the company's seattle headquarters. >> the stock is up $2,000. if you only knew that when. you could've bought some. when it was under hundred and i did it. let's look at the dow and s&p and the nasdaq. weave green arrows. nasdaq up 18 and half. they trade jabs over healthcare. are they trying to woo one of the biggest fans. as i going to work. in the economy may be booming. details coming up when "fbn:am" returns. [music] this is the couple who wanted to get away who used expedia to book the vacation rental

amazon workers on strike. it is prime day but that is not stopping employees at one shipping facility in minnesota, from walking off the job about one hour ago, calling for better working conditions. more job security, higher wages. we are live on the scene with the breaking headlines. >>> a new warning after a massive blackout crippleed heart of new york city. what officials are saying today. how the mayor of the city, who wants to be president by the way is defending himself for being thousands of miles away. >>> the first hurricane of the season to hit the u.s. is making its way north where we are he can track barry's past. residents begin cleanup efforts. ashley: so much to go at. fox business team coverage. jackie deangelis at the new york stock exchange. edward lawrence as always live at white house. susan li at a amazon fulfillment center warehouse in shakopee, minnesota. we begin with you, jackie. reporter: even though these were small positive gains on nasdaq and dow, hitting records psychologically s

and amazon prime day. so what has -- what started as just a day for amazon is now bigger than amazon. but we still anticipate amazon to break records next year. melissa: we are running a list of companies that have been hammering my inbox with offered. when you see things like this funny report googling cancel amazon prime membership was up 18% as people were joining to get the deal then canceling. >> we still expect to see amazon break records with the number of mimms they are driving and the number of deals they issued is much more than last year. and they are driving sales of their own branded devices, which is one of the keys to their strategy. melissa: i mountained that. when you go on prime day, the only stuff on sale is their product and i want to buy other stuff. do they make money on the whole prime thing? i get preshipping on about 5 million items during the year because of the prime thing. are they still making money on me? >> absolutely. amazon is not known for having the biggest discounts. the

focus today on amazon. tell us what your experience was like there, through the context, what do you mean, they treat you like a robot. >> so when it comes it a robot it is more like that you are sort of held to robotic standards of productivity, which in my kay when i was a picker at f-8, we carried around a scan gun. it would assign you tasks. when you got, every time you scanned something to complete that task, it would immediately give you a new one. there is a bar at the bottom, that would start ticking down the seconds you had left to do it. connell: they were tracking you, you were saying the whole time? >> yeah. the thing was gps enabled. connell: amazon has responded, i will tell you what they said in a second. >> i know what they're going to say. connell: here it is, let me get to it first. i will ask you another question. for someone who only worked at amazon for 11 days, emily's statements are not an accurate portrayal of working in our buildings. we're proud of the safe work places and allegati

amazon. there is always an amazon story and there's one today. they are going to spend $700 million to retrain about a third of their u.s. work force. now, the stock's gone to $2,022. tell me about this. susan: basically, just ahead of prime day as well, where we are expecting a worker strike at a minnesota facility for them. amazon says they will retrain about a third of their work force. that's about 100,000 workers by the year 2025. stuart: $700 million. susan: it breaks down to roughly $7,000 per worker. they are saying look, we are trying to help those that -- whose jobs might be lost because of automation when it comes to robots and facilities and deliveries, that last mile delivery. we are going to try to help those 300,000 they already employ, 100,000 will get extra training. stuart: the story is surely prime days next week, two days, and the stock is back over $2,000 a share. what more is there to this story? >> spending $700 million on retraining and they didn't have to ask for a government subsidy to do it. go figure. stuart: you would

one council auld amazon's founder enemy of the city. it would have cost amazon more than $12 million a year. the rationale, amazon was driving up wages, housing prices so much it was largely responsible for seattle's homeless problem. so it should pay to build subsidized housing for poor. a venture capitalist told the city council that they are chasing jobs away. >> amazon has been unfairly blamed for challenges that we as a region experienced, that we would have experienced regardless of amazon. reporter: amazon just issued a release showing what it has done for seattle over 25-year history. $4.5 billion in capital investment. it has paid out to employees $32 billion in wages which of course is spent locally. now the company is looking across lake washington to bellview. it announced plans for a 43 story story next to twin 15-story towers. it has five other sites under development. >> city staff met with amazon. we want to make sure that they feel welcome in bellevue. reporter: clearly amazon does feel welcome over in bellevue. in fact

a house cleaning by amazon home services, again, i keep hearing amazon. what's the difference between something that realogy is doing there versus working with me, any other brokerage because at the end of the day, we can also give credit at closing and what i know buyers want is money in their pocket, not just an amazon gift card or smart home or anything else they could just buy on their own, at their own discretion. charles: that's why i did ask ryan if there were other aspects to this, perhaps some technology help, something else. listen, their stock has gone from $52 to $5 in the last six years. so we can see that there's something in that industry, something happening that's not right. it goes beyond the sagging housing market that we have seen although, you know, when it comes to housing, we are getting reports that more and more wealthy new yorkers continue this mass exodus, they are leaving and going down to your neck of the woods. >> yeah. let's also start by saying that foreign spending is down by 36% from last year. so florida's number one wit

this amazon box is actually a cake. emily mcgwire's husband thought it would be perfect since she gets three amazon packages every week, even the shipping label was edible, featuring the address, one, two, three, four, birthday lane. that's what's happening now. deirdre: that is great, appropriate for a lot of people. lauren: only three packages a week? i've got her beat. bring on the cake. deirdre: the u.s. is set to resume trade talks with china next week. top u.s. and chinese officials meeting in shanghai for the first time since president trump and chinese president xi-jinping agreed to revive negotiations. riley walters with us now, a heritage policy analyst in asian economy and technology. riley, thanks in advance for the time. i noticed as part of the group that's going to be meeting that the chinese trade minister, who has really been absent this entire time, is going to be at the table. he's known as a hard-liner. what do you think this changes, if anything, about the conversation? >> well, with the inclusion o

yes, amazon is one, as is google. these are companies who are strangling consumers' access to information and ultimately leading them to potentially make decisions that are not the best for them. liz: let me play devil's advocate. arguably, both of these companies are competing and in fact, i know for a fact both of them either started in apartments or garages, and here they are, they had the fastest runners and you are saying they shouldn't be allowed to win. >> we are saying, we are answering the question the ftc has asked, which is has technology changed the marketplace such as the rules need to change. the answer is yes. those are gigantic companies today. they represent, the two of them, amazon and google represent 60% of products searched. amazon alone represents 50% of all e-commerce. liz: people are choosing them. tell me your biggest beef. where do you feel, because you just said these names sometimes restrict access or are not allowing the consumer to have access to certain things. give me an example. >> tha

amazon shares are lower after record run of earnings come to an end. something tells me it is temporary condition. jeff bezos don't care about share price. his focus is world domination. we have jackie deangelis, and rob luna. jackie, listen, i think the numbers are phenomenal we've seen so far. >> they are. even the weakest link, amazon, one of the reasons they missed they reinvested $800 million back in the company. bezos said in order to grow and deliver what we promised users the one day delivery, we need facilities in check. we, top of this. aws, that is the shining star, future. charles: that is the cloud business. >> the cloud business. growth was 37%. a little less than 41% than we saw previously but still -- charles: getting more competitive there. google for first time i notice bragging about their cloud business. before i go to rob on the investment part of this, technology accounts nine billion dollars, up 25%. fulfillment, 9.3 billion, up 17%. marketing up 48%. amazon spent the money to build the empire. they're not worried about minutia a

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

i do take a look at ebay versus amazon. year to date, ebay is outperforming amazon. if you look at the 52-week view, though, amazon is outperforming ebay by about four percentage points. we are joking about amazon prime day, you said it's 48 hours for the first time. i think there's a lot of analysts who say obviously this is good for amazon but it's also probably going to benefit target and walmart are trying pretty hard to keep pace. you can order a lot of stuff on an app on your phone, they will run it out to your car if you want. i'm not kidding. stuart: i want. i want. deirdre: why not. stuart: to immigration. nationwide i.c.e. raids in cities, new york, los angeles, rounding up illegal immigrants for deportation, but it reportedly only happened in a handful of neighborhoods. we are talking to the mayor of miami, florida. i want to know what happened in his city over the weekend. we'll be right back. ♪ - did you know that americans that bought gold in 2005 quadrupled their money by 2012? and even now many experts predict the next gold rush is just beginning. s

to answer some of those questions we have amazon's senior spokesperson, the head of amazon operations pr, we have ashley robinson to join us to answer some of these questions. what do you make of their claims? >> look, it is prime day, which is great for amazon but it has become an event our critics like unions and politicians have used to raise the visibility much their cause and in some cases to increase their membership dues. and the fact of the matter is, they have a business cause to conjure misinformation about amazon and we, we provide the things that they are already reporting are their cause. we provide industry leading benefits. we provide safe working conditions. we provide great opportunity for career mobility and we think a lot of people protesting outside if they do show up are simply not well-informed what goes on here port the to you don't think a lot of staff members will walk off the job in protest and they want full-time jobs? >> i am confident majority of our employees will work business as usual. they're excited about prime day. there is a lot of energy going on h

dragging amazon into the mess. that and so much more on "making money". ♪ charles: the fed kicks off the two-day meeting, the president has a message, start cutting. >> i would like to see a large cut and i would like to see immediately the quantitative tightening stopped. >> quarter point enough? >> then to have done quantitative tightening, also higher interest rates simultaneously, i think was a big mistake. charles: while the fed is expected to cut rates a quarter basis point president trump's unrelenting pressure on the central bank comes as the american consumer continues to hold up the economy. consumer confidence surging to 135.7. keep in mind that versus an estimate of 125. here to break it down, bellpointe chief strategist david nelson and author of the up side of inequality, ed connor let me start with you, david. first of all, the fed tomorrow, what do you see happening? >> it will be 25. this is the worst-kept secret in a long time. if you cad me the question i might have gone with nothing as the eco

many amazon workers striking today, protesting on one of amazon's biggest shopping days. susan li is in shoco -- is in s shshakopee, minnesota. they are walking off the job on one of amazon's busiest days. what they are protesting are better work conditions and alleviating some of these stressful hourly packing quotas. >> it's a very difficult place to work. it's a tough job. it's very physical. it can be very boring. and there are things amazon could do to improve those conditions. reporter: amazon contends this walkout is opportunistic. >> with unions it increases their membership dues. it works within their favor to conjure information about our working conditions. the fact of the matter is we already offer things that these organizations purport. we offer great benefits and opportunities to succeed. reporter: elizabeth warren of massachusetts tweeted out, i fully support amazon's workers' prime day strike. bernie sanders says higher wages is just part of the equation. liz: prosecutors say he is an extraordinary flight risk. but attorney for jeffrey epstein is telling

amazon is being moral. what did amazon do? they cut stock compensation, they cut bonuses and cut worker jobs. they have 100,000 robots now. so that's the point. you're not suddenly moral if you raise the minimum wage. you've got to look at the market impact and there is one as the cbo just noted. stuart: i don't think government should be in the business of legislating wages. it always backfires. there is always a downside. there are unintended consequences. liz: china mandates the minimum wage. they can pay a dollar an hour. there's a flipside to that. stuart: that's true. they could. look at that. the market is down 90 points on the dow industrials right now. charles, i think this is all about the fed. there seems to be some disappointment that maybe the federal reserve won't drop rates 50 basis points at the end of this month. we have had people on the show saying they aren't going to cut rates at all. what say you? charles: i think they will. i think jay powell has sort of backed himself into the corner talking about an ou

amazon is getting a monopoly on consumer goods now. like operating a mall, having largest store there, and eat every company in your mall if they're doing well. this is the type of power these companies are getting. facebook, oh, my god, the fact that it bought instagram and whatsapp, it can use money and power to buy everything in its sight and amass all these assets, and now we're worried about facebook getting into digital currencies. god forbid if they took over the banking industry and had the type of power they could get from that. this is dangerous. good that policy make remembers finally waking up this. is not left or right. everyone is waking up at the same tile, oh, my god, something is wrong. they should have listened two years ago, my friend. charles: i saw in "the ft" yesterday in europe, hey, facebook for the most part their users haven't changed a lot. instagram and facebook but revenue per user has gone through the moon. that is the kind of chart as an investor, that's what you want. you want to find companies that find

amazon is huge in the cloud. the stock is down 8 bucks, 1903. >>> facebook says its digital currency, the proposed libra could help law enforcement. do we have anymore on this, why they're saying that? susan: basically facebook is trying to sell libra to regulators saying it is okay people thought and do say cryptocurrencies is a haven for money launderers, i will is lit activity, drug dealers as well. david marcus, the head of colibra and libra at facebook says if you look at blockchain technology which is behind crypto, it's a public ledger of transactions, you have to put information out there in the public. using that information you can trace people, to help law enforcement track down who is using this, the bad guys in all of this. but of course, you know, we heard from the president and saying that if you want enact libra you better get a chart, a new currency at play around the world. stuart: before we close out this block, i do want to thank my colleague and friend mike murphy sticking with us religiously

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

amazon, alphabet set to report after the bell. the trend has been the friend of the earning are looking pretty good as charles payne. charles: intel that was one of the big names. nobody talked about it. they report after the bell. who cares. neil: i'm sure you do. charles: but i'm weird like that. good afternoon, everyone, i'm charles payne. this is "making money." the stocks are lower as investors wait two powerhouses, amazon and alphabet/google. buying stocks after everybody writes off the company. i can tell you how when we go in depth. most americans in decades review the economy postively. they are giving president trump credit for it. as he tries to rally troops with a debt ceiling deal he reached with democrats. a whole lot of republicans are not happy. will they embrace even more spending. i will ask senator marsha blackburn about that as "making money" begins right now. ♪ charles: a new fox poll says more than half the country approves of what the job he is doing on the economy. if the old adage rings true it is the ec

amazon turning 25. the challenges ahead as the tech giant marks a major milestone. >> hiring bouncing back. the u.s. economy added 224,000 jobs in june, beating wall street expectations, easing concerns about a economic slow down. let's go to edward lawrence at white house. reporter: great to see you, jackie. showing fundamentally the economy is very strong the unemployment rate ticked up to 3.7%. it ticked up for a good reason. the size of the labor force grew. that means for people are looking for jobs. the president is still upset seven fed rate hikes have happened under his presidency. >> if we had a fed that would lower interest rates we would be like a rocket ship. we're paying a lot of interest. it is unnecessary. we don't have a fed that knows what they're doing. reporter: federal reserve chairman joe powell says pressure does not play into any dizzy but they look at average hourly wages as sign of inflation. wages grew 3.1% over last 12 months. that is low enough to indicate inflation pressures

amazon, everyone points to amazon as the bold case for netflix. neil: but netflix isn't building a structure as much a lot of stuff to for people to watch. it is very different than amazon building you know a infrastructure that would support all of this. >> amazon is leveraged? >> i don't know that. >> i don't think so. >> they have been, amazon can make a lot of money if they want to. >> right. anytime, turn on the switch. >> problem with netflix they have off-balance sheet long term obligations. this company, you you 2011, 2012 like a ferrari. reed hastings is genius. they got the company moving quickly. today they don't have the luxury. they have committed to content. neil: are they raising prices? >> they are trying to. it is tough. the bull case from here, that unit adoption where it is, that we will continue to raise prices aggressively. our work suggests, once you get over $10 a share, $10 a month for streaming service, when price sensitivity, consumer kicked. this quarter we -- >> i can't figure it out. i can't find anything. >> there is

but today is amazon prime day. tomorrow will be amazon prime day as well, and there are these protests all across the country. legitimate at this point? or is amazon just being targeted here? >> it's both, right? not one of these things that has to be one or the other. certainly there's an opportunity for employees who have been denied reasons who have legitimate complaints about their working conditions, who have legitimate complaints about the waps treats employees to say all eyes on amazon right now and we'll take this opportunity to stage job protests and make our voices heard but as i wrote about last week, in the axios market newsletter, you're seeing this pushback to the minimum wage hikes all over the place. walmart employees, target employees when they got minimum wage increases they said this is nice but not enough. we haven't gotten a raise in 10, 15, 20 years and now you want to give us an extra dollar more while we see booming profits coming from the company we deserve a bit more so i think you'll see

susan: this is to improve our services as amazon has said. it's just a small snippet for speech recognition and languages. stuart: you used to wear an apple watch. susan: i never had an apple watch. i do wear a watch. you haven't worn one in 40 years and you said it's all in your head how you keep time. stuart: i've just been nailed. i raised the subject of the apple watch because apple has pulled the walkie-talkie app on the apple watch why? susan: basically, we have a great audience here. stuart: laughing away. susan: the watch, the operating system on the apple watch, there's a walkie-talkie feature where two people who own the apple watch can talk to each other by pressing a button. apparently there was a glitch in the operating system where i could listen to the other person without them knowing it. two times this year, that's happened. you could actually dial and hear someone else on their own phone. stuart: all right. the market's going to go up. it's friday morning. we are going up in about four and a half minutes. we will be up 70 on

a trillion dollars for amazon. we'll be right back. ♪ connell: there is all kinds of things going out, going on in sun valley. big tech executives not at white house. they're out there today. secretary of state showing up. bigger than all of that, charlie gasparino who is still there. here he comes flying in for us. charlie, talk about your scoop or scoops. can you look up, please, charlie, if you're on the air. >> i'm sorry. i'm sorry. connell: i thought you didn't like me. >> i got my cue. connell: t-mobile, sprint, i was going to get into, your scoop or scoops, start from that, move from there. what are you hearing? >> here is what we got. reason i'm looking down, here is what i have my notes. this is what we've been reporting, i can't tell you this thing will definitely happen tomorrow the next day. what i said earlier in the week, i said two things, number one, likely tuesday or wednesday. that is how the deal talks were progressing, that doj would get comfortable with the structure of deal, sale of spectrum

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

stuart: but i think amazon did something about the reviews. if you wanted to read reviews of this book amazon was blocking those reviews? i think that is the story? >> yeah. i don't know. as an author you're often frustrated by the fact that more information is not available. i think the bigger story, by the way, you know, again the "new york times," when i had number two best-seller on "new york times" i thought the formula was great. since then i had a lot of questions about it. i think the bigger story is, here is a book clearly one of the top five or six best-selling books in the country. mollie hemingway is tremendous reporter. the authors come from a conservative point of view. there is a lot of solid reporting in there, a lot of interest, when i wrote about this before fox news foxnews.com, had more than million page views. why aren't they inhave ited on network morning shows. it doesn't fit the narrative. if the same quality book was guilty of accusations that christine blasey ford was telling the truth, that person would be fetted on

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

this is amazon in particular. amazon is celebrating an anniversary today. we will tell you about that later. the dow jones industrials down about 118 right now. s&p is down by a greater amount percentage-wise. the nasdaq's the worst performer in premarket activity. that could change as investors begin to realize the effect of so many more people coming into the work force. that's why the unemployment number ticked up despite the big jobs numbers. 335,000 people coming back into the work force. that is a huge number. >>> now this. president trump held his salute to america event on the washington mall. hoor here's a clip of his speech. >> from the banks of the chesapeake to the cliffs of california, from the humming shores of the great lakes to the sand dunes of the carolinas, from the fields of the heartland to the everglades of florida, the spirit of america's independence will never fade, never fail, but will reign forever and ever and ever. david: come in, larry o'connor, "washington times" associate editor. i heard the rain kept you away from the mall b

there's nothing monopolistic about amazon controlling 5% of retail sales. lauren: same thing with apple, they don't dominate when it comes to the iphone or music. can you see all of this potentially backfiring against the government as the big tech companies let's say hire more lobbyists? >> yeah, i think that's a absolutely what's going to happen. it's going to backfire. it's going to be a stalemate. we've been talking about privacy regulations for two years. we'll be talking about the anti-trust concerns probably for just as long and not have much action taken by the government. lauren: the broader market is under pressure today. the premarket boards of the major tech companies are under pressure today. facebook reports earnings after the bell today. it's expected to do relatively well. does that surprise you? >> no. look, fundamentally facebook has been a strong business. it just can't keep out of the headlines with the privacy concerns. today if they put up better than expected growth, i think it's going to cure all that ails facebook. it's going to be

now you can sue amazon. susan: for all my probiotics. stuart: secretary pompeo said iran's recent actions should send a warning to the rest of the world. he want an international coalition to police the gulf. even so, oil is still 56 bucks a barrel even after all that. >>> the web site "daily beast" went after mariano rivera, the day after he was inducted for the hall of fame. if you're a celebrity in sport, you're not a trump hater, the liberal left will eviscerate you. oh, what a story. ♪ -driverless cars... -all ground personnel... ...or trips to mars. $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. ♪ stuart: nice sound to it. i like this. boy, you're going to carry that weight. not sure what they are referring to. i still love it. >>> boris johnson is the united kingdom's, britain's next prime minister. susan: oh, yes, president trump seems to like him. susan: yes he does. they have a lot in common, don't they? stuart: yes. susan: let's first

amazon, for a start. this is the second and last day of their amazon prime days. they took in $4.2 billion worth of sales last year. some expect it to hit $6 billion this year. amazon stock is down a tiny fraction at $2,020 per share. >>> retailers, back to school shopping season starts up soon. new reports say this season's going to break sales records with each grade school family spending a whopping $697. add about $200 to that if you're off to college. $97 $978 per family. only walmart is down and they are close to a record high. $114. >>> the big board shows a gain of 28 points. we set a series of record highs on the dow this morning. right now we are at 27,386. we are watching interest rates. the yield on the ten-year treasury not doing very much this morning. 2.12% is your yield. >>> now this. joe biden out front, selling his $750 billion health care plan, repeating president obama's very famous promise. remember that one? you can keep this, you can keep that? sound familiar? roll tape. >> if you like your health care plan, your employer-based plan, you can

. >>> another amazon story. the europeans, they have just opened an antitrust investigation into the company. this going to hurt them? susan: it's basically they are contending amazon has a dual role as a marketplace provider and also a seller as well. do they use data to basically enhance their own product? how do they set up the default option? why were they using this data? it's a money grab in the eu. they fined google $9 billion over the years. back taxes have to be paid by apple, amazon also. don't forget, taxes on revenue in retro active years by facebook as well. stuart: i'm just tired of this story, quite frankly. nothing ever happens. ashley: once a week. stuart: facebook is under pressure, google is under pressure, amazon's under pressure. the stocks hold up at very high levels. what do you say? >> in the case of europe, the european governments are always looking for revenue. they need tax revenue to fund these social programs and if you are a company with a lot of money, a lot of cash, perhaps they

>> we have certainly seen amazon and other large retailers that are taking advantage of the urgency that the consumer wants. the consumer today wants whatever they order to, whichever mode, it doesn't matter. but at the time that they want. so they have much more control over it and a lot of these large -- have led the way but something anticipated and we've ordered 44 additional aircraft over the five-year period to make sure we have the capacity. maria: the story of the transformation of ups. it has been real positive.you have been overseeing that. where are you in that process? >> we are right in line with where we wanted to be. we decided a few years ago and this is not the first time ups has had to transform. we started as a messenger service in 1907 in seattle then the -- we've done it for five times. we've had such a good career and we are so proud of our legacy. but we knew that to have continued success like we have had in the past, we have to be willing to change with the times and so this transformation doesn't have a beginning, it doesn't have an end. it's a continuous transf

charles: i wish they would stop amazon selling live christmas trees. that is a hustle for people around the country comes once a year. that is my only personal belief. >> no problem. charles: facebook reporting earnings after the bell today, after getting hit with that record ftc fine. plus mark zuckerberg, their ceo, now has a new rule book to insure compliance but does this order really have any teeth at all? ♪ fact is, every insurance company hopes you drive safely. but allstate actually helps you drive safely... with drivewise. it lets you know when you go too fast... ...and brake too hard. with feedback to help you drive safer. giving you the power to actually lower your cost. unfortunately, it can't do anything about that. now that you know the truth... are you in good hands? (past them because she didn't sknow they were talking to her.g and she would just walk right (deborah) i just could not hear. i was hesitant to get the hearing aids because of my short hair, but nobody even sees them. (avo) our nearly invisible hearing aids are just one re

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

i know longer own amazon. liz: no longer own amazon you sold those shares we'll get to why but first to pace book. tell me what you thought of this fine. $5 billion. you know, it was interesting to see when you have to come out and announce it the gentleman who was in charge said that the $5 billion fine equals 9% of revenue. now facebook is about 50 billion in revenue. was that enough? i heard people say it was a slap on the wrist and others say well that'll cause a mark. >> yeah i'm in the camp of the latter that it causes a mark. 9% of revenues for most people is the difference between growth for the year and no growth. obviously facebook has had robust growth, but trust me, it got their attention, but i wouldn't be surprised if there is one, it is much much bigger. liz: did it serve as an important deterrent in any way, shape, or form? >> i think it did. i think it is one of the biggest fines ever given despite the fact they do have 50 billion of revenue and the fact that mark zuckerberg is personally acco

they are catching up to amazon and one of the areas that they need to grow is china. let's see what they have to say. let's see if they can keep up these revenue numbers. keep in mind, this is a company that does substantially more revenue than amazon does. so they have a lot of firepower to endure a decline a lot of tech companies may not have. connell: guys, what we'll do, we'll come back. first, second, maybe third glance, just about everything we saw from microsoft looks solid. we'll dig through it, wait for the call, look at some of the guidance figures come back to later in the show. erin, lance, you come back for a segment later. thanks, guys. melissa: breaking news on iran, president trump announcing a u.s. showdown, a shot-down iranian drone in strait of hormuz. blake. reporter: commander-in-chief announced this, u.s. quote, unquote, destroyed an iranian drone. president saying that this happened in the strait of hormuz. he said that this iranian drone was going about 1000 yards or so away from the u.s. boxer, it ignored multiple calls to stand down. this was

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

they drove amazon out. david: that's right. >> so they should stay clear of political activism. >> first of all, it is a shoe. it is a shoe that nike itself introduced and then withdrew. this whole thing is -- if not a teapot, then a sports shoe in the sun devil stadium. this is probably going to hurt in the state of arizona. [laughter] >> i'm trying here. this is going to hurt arizona more than it is going to hurt nike. after all it was their shoe that they withdrew. the "wall street journal" reported that there was some, you know, white nationalists using this as their own thing. i have no idea. david: we tried to find it. we couldn't find it. >> again, nike has every right -- not every right. like bank of america last week not lending to detention centers -- they don't want the bad press. they now have some bad press. that's just what companies do. and it is a shoe. >> well, speaking of press, nike of course had a statement of their own that they made. they said we already employ 35,000 people in the u.s

we know that amazon also does the same thing. they record conversations and use it again to improve their products and services. but i want to talk to you about apple. apple also had another glitch today in their apple watch. the walkie-talkie where two people with the watch can talk to each other, however work the operating system glitch, one of them can listen to the other's phone without them knowing about it. this is the second time this has happened this year with apple, with the group face time being the first. >> second time it's happened. however, this time i must applaud apple because they got ahead of this before it was discovered and used at least currently it's been reported that it hasn't been used by anyone else this vulnerability so applaud apple for getting ahead of it and squashing that bug before it was too late, unlike last time with the face time vulnerability. >> with all this technology, i think people should understand in this high-tech world, with social media, privacy is no longer probably something that

kohl's is now accepting amazon packages, returns. i was just talking about retail headline, i was like wow. different story. foot traffic. we'll see. this could be good because of foot traffic. again, you don't know. stuart: okay. right now, i have to say good-bye to michelle and to joel. thanks for being with us. we appreciate it. nice plug for microsoft. you're all right. what are you doing tomorrow? >>> check that big board, please. we have the dow now down 60 points, 27,150. >>> protests against the governor of puerto rico turning violent. police launched tear gas into the crowds. some cruise lines are avoiding the island all together because of the unrest. you can see it on your screens. >>> jon stewart going after rand paul in an interview on fox news, this after the kentucky senator delayed passage of the 9/11 victims compensation fund. bret baier joins us in our 11:00 hour this morning. >>> the house votes today on a bill that would raise the federal minimum wage to 15 bucks an hour. okay. the cbo says that would cost 3.7 mil

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