connell: lenore, quick take on amazon? adam said not the end. world but the tock is selling off on a miss on eps. what is your take? >> it is the first eps miss in the past seven quarters. yeah it is not great but it is not that bad. i really want to see what the mix is though. if he look at the first quarter of 2019 you had where music, video and aws was only about 1/5 of total revenue. but it accounted for 50% of the gross because amazon has been trying to focus on those areas that have higher margins. i'm betting part of this is going to come from increased costs in shipping as they moved to the one-day. if you look at the past trailing 12 months, their shipping costs were 30 billion, more than all of aws revenue. they have taken a hit on that. connell: over all margin of 4.9% for margin. north american business relative to expectations did better than international expectations. relative on north america, a little below on international. what about alphabet. >> this is much different picture. if you look at the postmarket trade, alphabet goo