Amazon’s Crazy Record Breaking Christmas

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Dec. 27 (Bloomberg) –- On today’s “The Roundup,” Julie Hyman, Alix Steel, Matt Miller, Adam Johnson and Trish Regan wrap up the day’s top market stories on Bloomberg Television’s “Street Smart.” (Source: Bloomberg)

Underscoring how good the u.s. economy is doing.

Maybe the spread.

The stories we are tracking ahead of tomorrow.

The holidays or the best ever.

Or than one million users became users of their prime programs in the first week of december.

Almost 37 million items on cyber monday alone.

They are selling 1000 xbox one and ps for -- ps4 consoles per minute.

And they make bracelets out of rubber bands.

And enough hot wheels to stretch around daytona.

When amazon releases these little fun facts, they don't tell you exactly what the order flow was overall for the holiday season.

They give you all of these little snapshots.

What analysts have extrapolated, they have tens of millions of prime customers.

The number is probably in the low 20 million range.

Amazon has to pay for their shipping, so it is a cost for them.

They spend a lot more on amazon than the average customer.

They were at 37 million items sold, up 39% from last year.

The margins, the net profit margins are anywhere from .7 to 1.5%. you would think that somehow with that kind of volume, there would be enough higher margin products.

Another stock we are watching is twitter.

Twitter has finally been taken down a notch.

We are having a downgrade, downgrading the stock which is up more than 70% in the month of december alone.

They say shares have gone too far, too fast.

We believe nothing has changed to justify the rise in valuations.

Twitter is guided over $41 billion as of yesterday's close, making it larger than cvs, delta airlines, and target.

I have a feeling an analyst was watching our show yesterday.

Is this not what we were talking about?

Everybody has been talking about it.

And everybody watching this show.

It could have been this morning when i did the morning show.

A long day.

A lot of people want to have a social networking company in their portfolio.

Other than facebook, it is new and it is fresh.

It brings in the power of the retail investor, to your point.

But how fickle are they act oh will they move in and out of a stock based on recommendations?

Portfolio managers want to have that.

I heard you ask about this this morning.

What other options are there?

I was listening on the radio like i do every morning and there are companies that you don't necessarily think of that are still a play on social networks.

Is the nsa phone surveillance program unconstitutional?

Decisions by u.s. federal court mean that the supreme court may have to decide today.

A new york judge ruled that the program is lawful, a ruling that comes 10 days after a federal judge in washington said it is probably unconstitutional.

This blunt tool only works because it collects everything.

He might've been worried the nsa will kill him if he ruled differently.

You have two different judges saying two different things and the supreme court will eventually have to rule.

I checked with constitutional scholars.

The supreme court doesn't take on every case.

It can sit there for a long time.

Those opposing on each side will go to appeal and if each appellate court upholds the original decision, then it can be dissented -- presented to the supreme court.

Even after the first decision that was against the nsa, the judge gave the nsa time to stop doing what it is doing.

Either way, it is still -- time for tread stone, right?

Completely un-american and ridiculous.

Every judge in the country knows that.

About to embark on a new year's tv advertising blitz.

They are in a race to get brand recognition before an fda ruling in january that can curb their use.

Politicians are worked up over regulation.

Additional cigarettes have not been able to advertise on tv since 1971. in the first nine months of 2013. $1.1 million.

This is very american.

Finding a new way to do drugs is an incredibly american thing.

Only you are doing those drugs.

Only you are inserting nicotine in a more efficient capacity.

This will be a lot of money spent on those ads until there is some kind of ruling.

$30 million for next year.

This is before they have to curb the tv ads.

Watch out.

It would be great if there is consistency.

If it doesn't use secondhand smoke and doesn't hurt anyone else, you should be able to use it.

Why can't people?

Can the nicotine be in the air?

They were just using the secondhand smoke argument to push through the ruling that they wanted.

It was simply rhetoric.

Lobbying hard against it.

The only big company that is pushing this.

They have been rolling out very slowly.

Very reluctantly.

You need to get on the bandwagon.

If you're going to sell a product, having it be physically addictive makes your job so much easier.

It just helps marketing if you think you're going to die if you can't have it, right?

A merger in the jet industry, extra on his buying beechcraft for $1.4 billion.

The deal by the way is coming after beechcraft emerged from bankruptcy.

The textron merger is hoping that their turboprop planes -- they have been making those since the 70s. it accounts for 60% of the 12 billion in sales.

I am laughing about how excited he was about jenny mccarthy and how excited you are about this plane.

I will start with a quote and i will tell you the story.

I got any guy i wanted because my dad would fly them in the air.

This was written in a letter to martin scorsese and leonardo dicaprio.

It is a complaint letter.

She is saying that because of her father being involved in the drama, she no longer has the range rover.

You people are dangerous.

Even as the country is reeling from another round of wall street scandals.

She is angry they made the movie, basically.

It kind of glorified what happened.

But isn't she doing that as well by talking about what kind of drugs she was taking ? all of it was a sanity that had no base in reality.

And she said the movie essentially did not show them enough.

I am angry martin scorsese made the movie because it is horrible and i wasted almost

This text has been automatically generated. It may not be 100% accurate.


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