Core Insights - The NBA is returning to NBC for the first time in over 20 years, marking a significant shift in media partnerships for the league [1] - Media rights for marquee sports, particularly basketball and the NFL, have become increasingly expensive, reflecting their high advertising value and sustained popularity [2][3] Media Rights Costs - Amazon is spending $1.8 billion for 95 NBA games this season, averaging about $19 million per game, which is significantly lower than the $67 million per game it pays for NFL games [4][5][6] - NFL Commissioner Roger Goodell has indicated a desire to escalate the renewal of NFL rights due to the disparity in costs and ratings, suggesting potential for increased revenue [7] Importance of Live Sports - Live sports are crucial for traditional media companies, as they help maintain the cable bundle's viability amidst declining subscriptions [9][10] - Despite millions canceling cable subscriptions, 65 million US households still subscribe to some form of linear network bundle, indicating a substantial market for media companies [10]

In the current session, the stock is trading at $222.42, after a 2.74% increase. Over the past month, Amazon.com Inc. (NASDAQ:AMZN) stock increased by 0.78%, and in the past year, by 20.42%. With performance like this, long-term shareholders are optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued.Comparing Amazon.com P/E Against Its PeersThe P/E ratio is used by long-term shareholders to assess the company's market performance against aggreg ...

Core Insights - Amazon reached a $2.5 billion settlement with the Federal Trade Commission (FTC) regarding allegations of misleading customers about Amazon Prime subscriptions, marking one of the largest consumer protection settlements in U.S. history [1][2] Settlement Details - The settlement allocates $1.5 billion to a fund for repaying eligible subscribers and $1 billion as a civil penalty [2] - Amazon is required to implement a "clear and conspicuous" option to decline Prime during checkout and to simplify the cancellation process [2] FTC Allegations - The FTC accused Amazon of employing "dark patterns" to manipulate consumers into subscribing to Prime and complicating the cancellation process, violating Section 5 of the FTC Act and the Restore Online Shoppers' Confidence Act [4][5] Eligibility for Payouts - The settlement applies to customers who enrolled in Amazon Prime between June 23, 2019, and June 23, 2025, specifically those who used a "challenged enrollment flow" or faced difficulties in canceling their memberships [6] - Specific enrollment pages were identified by the FTC, and claimants must not have used more than 10 Prime benefits in any 12-month period to qualify for payouts [7] Payment Process - Customers who signed up through challenged processes and used no more than three Prime benefits within a year will receive automatic payments from Amazon within 90 days [8] - Other eligible customers must file claims, and Amazon is obligated to notify them within 30 days of making automatic payments [8] Payment Amounts - Payouts to eligible claimants will be capped at $51, which may be reduced based on the number of Prime benefits utilized during the subscription [9]

So how big of a deal are earnings going to be to the markets and your investments. Jim Tierney is Alliance Bernstein, CIO of US concentrated growth and joins us on set. Jim, welcome.>> Thank you. Still earlyish overall. Have you been happy with the earnings numbers.>> Really good earnings number and and something important happened between the second quarter and third quarter. Estimates actually went up. So it's not like we're setting a low bar and we're jumping over the low bar.Estimates went up over the l ...

Earnings Overview - Earnings estimates have increased over the last three months, indicating stronger-than-expected performance in the third quarter compared to the second quarter [2][3] - Notable performances from banks, healthcare, Coca-Cola, and General Motors suggest a broader economic strength beyond just the AI sector [2][3] Consumer Spending - The US consumer remains robust, with card spending data from banks indicating an acceleration in spending during the third quarter [4] - Mastercard, Visa, and American Express are positioned well, with their service segments growing in the high teens percentage [5] Schwab's Position - Schwab manages over $10 trillion in assets, benefiting from increased retail investor engagement leading to higher trading activity and margin borrowing [6][7] - The company has resolved previous cash sorting issues, maintaining borrowings under $15 billion, allowing for shareholder returns through buybacks [7] - Schwab is entering the cryptocurrency trading market, which is expected to be a high-margin business opportunity [8] Amazon's Growth Potential - Amazon is expected to see growth acceleration in AWS as they increase capacity by early 2026, addressing current constraints [9] - Innovations in robotics for retail operations are anticipated to lower delivery costs, enhancing competitiveness [10] - Amazon's stock performance has been flat year-to-date, presenting a potential undervaluation compared to growth prospects [11]

Market Overview & Strategy - The analysis focuses on the "MAG7" stocks (excluding Nvidia due to prior reporting) as market leaders, questioning their defensive nature [1][2] - Analyst owns Microsoft, Alphabet, and Amazon in personal portfolio as long-term picks [24] - The analysis suggests that most MAG7 stocks are breaking out and, while some are expensive, earnings growth remains strong, except for Tesla [25] Individual Stock Analysis - **Tesla (TSLA):** Earnings are volatile with inconsistent beats and misses; earnings are expected to fall 32% this year but rebound 48.5% in 2026; focus is on robo-taxi rollout and new stripped-down car sales [3][4][5] - **Microsoft (MSFT):** Consistent earnings growth with fiscal 2026 expected to be up 12.9% and fiscal 2027 up 16%; shares are up 23.5% year-to-date [8][9] - **Alphabet (GOOGL):** Good earnings growth expected for 2025 at 23.6%, but slower growth of 7.2% in 2026; year-to-date, up 35.5% and relatively cheaper with a price-to-sales ratio of 8.3% and PE of 25 [11][12] - **Meta (META):** Strong earning surprise track record; earnings expected to be up 18% this year, but only 5.5% next year; year-to-date up 21.7%, PE of 25, and price-to-sales of 10 [13][14][15] - **Apple (AAPL):** Shares hitting new all-time highs, but only up 8.3% year-to-date; slower growth expected for next year; PE of 32, price-to-sales of 9.1% [16][17][19] - **Amazon (AMZN):** Shares are down 2.4% year-to-date and underperforming the S&P 500 over five years; cheapest of the MAG7s with a price-to-sales of 3.4%; earnings growth of 23.5% this year and 12.2% next year [20][21] Valuation Metrics - Price-to-sales ratios are stretched for many MAG7 stocks, with some above 10 [9][12] - Amazon is the cheapest of the MAG7s with a price-to-sales ratio of 3.4 [20] Key Dates - Microsoft, Alphabet, and Meta are all reporting on October 29th [7][13] - Apple and Amazon are reporting on October 30th [23] - Tesla will be reporting this week [23]

Company Insights - Marjorie Taylor Greene purchased shares of Amazon.com Inc. (NASDAQ:AMZN) for an amount between $1,001 and $15,000, indicating ongoing interest in major tech companies [1][5] - Amazon's stock is currently trading at $222.24, reflecting a 2.66% increase or $5.76, with a market capitalization of approximately $2.37 trillion [4] Industry Developments - AWS experienced a significant outage that disrupted global internet connectivity, highlighting the reliance on a limited number of cloud providers and the critical role of Amazon's cloud network in global digital infrastructure [2][5] - Amazon is advancing automation in its warehouses with the introduction of robots named Sparrow, Cardinal, and Proteus, aimed at enhancing efficiency and reducing reliance on human labor [3][5]

An unprecedented Amazon Web Services outage that caused nearly 150 major sites and apps – including Snapchat, Venmo and Roblox – to go dark was apparently caused by a common tech glitch.The 15-hour outage appeared to be caused by an “underlying DNS issue,” Amazon Web Services said in a status tracker on its website.It started with an error in its Domain Name System at Amazon’s Virginia data center. Its oldest and largest data plant is located in so-called “Data Center Alley,” alongside hundreds of other pow ...

Core Insights - Amazon's advertising ecosystem is powerful but requires integration of multiple ad tech components to unlock its full value [1] - Marketers face challenges with multiple vendors, complex data pipelines, and siloed tools while trying to acquire new customers and improve ROI [1] - Advanced analysis of Amazon's data is necessary for brands to effectively utilize Amazon Ads, Amazon Marketing Cloud (AMC), and Amazon Web Services [1]

And I don't think the 17 is going to be super cycle. I really don't. I think 18 could be because we don't even they don't even have AI in >> Yeah, but the numbers the numbers though already suggest that it's going to be a pretty darn upgrade good upgrade cycle. >> It might be fine and services will be the bright spot for sure, but I just don't I still don't think it's not going to lift the growth rate. It's not going to lift the 8% growth rate. >> Can't you incorporate the fact that potentially they will de ...