 Back it is the hottest talk on Wall Street which company will be the first company worth one trillion dollars Amazon and Apple are in that horse race Amazon earnings just coming out after the bell It reported its largest quarterly profit in history But falling short on what Wall Street Expected for its revenues and miss that estimate there the stock is trending up after hours Let's take it up with our market panel tie young wealth management CEO He is tie young and stocks wish owner Melissa Armo. Melissa. What do you think here? You know, let me get back to what's going on with the earnings I mean like four out of ten S&P 500 guys CEOs. They're saying, you know, they're worried about the tariffs But now it's either tariffs or Amazon. They're getting worried about Amazon's into everything Well, I honestly the market has shrugged off the fall in Facebook today and with Amazon up tonight It'd be hard-pressed to see that the market won't rally tomorrow We have that GDP number out tomorrow morning too, and I'm telling you if that's good with Amazon up The market could fly and the S&P for the first time since January can make brand new all-time highs tomorrow This Amazon is headed right up to 1900 2000. I mean, there's nothing stopping it. It's a beast Yeah to be for one trillion dollar market value has to hit 2060 for Apple. It's 205 quickly Melissa You're read on GDP tomorrow. What's the number gonna be? Oh, I don't want to predict I can look into my crystal ball. Okay. We'll come back to you. Let's get the tie tie. What do you say the GDP number tomorrow is gonna be? Wow, I hate to go out and live there, but I think at least four and a half Whoa, that means the markets could really move so Amazon getting into everything into what Melissa saying home insurance Presidents in homes the Internet of Things smart utilities. They're doing possibly health insurance pill delivery of Pharmaceuticals, I mean what what else will and what do you think? Melissa Amazon will next step into some say banking They're gonna try to do everything and they really are trying to step into everything But remember sometimes you don't have the quality like remember when they bought Whole Foods now I shop at Whole Foods. I'm a Whole Foods shopper. It's no it's not nice to as nice to shop there anymore So it's great that they're trying to do all these things to help consumers, but some consumers like quality So, you know, you're giving up some of the things for this for the for the cheap service to having to come to you for delivery Now they have the food delivery to your house. I'm telling you I'm not a hundred percent happy with giving up quality And I don't really know where that leads because Amazon's gonna put a lot of people out of business Let's get to Facebook a hundred and twenty three billion dollar market loss tie It's the biggest one-day loss in US stock market history tie a loss the equivalent of McDonald's it wiped out its gains for the year Which and I think Mark Zuckerberg personally lost 17 billion dollars in net worth. What's your take on what's going on in Facebook tie? Oh He did he lost 17 billion dollars in the last 24 hours they gave back all the gains for the year as you just point Let's get to Melissa. We lost the feed there. Melissa. Did we hit peak Facebook? Melissa? I mean the full-blown love affair with social media. Is it over? I don't think people like being surveilled and then have profiles of themselves sold your reaction Well, Facebook had a lot of negative publicity this year remember Testifying before Congress that didn't really go off that well But the stock recovered and just yesterday before the earnings it made brand new all-time highs up over to 18 So the the thing that was panicking was a steep drop-off that it had it was so quick and so fast From last night until today and that's why that's why Mark Zuckerberg lost a lot That's why people that were long the stock lost a lot because was in the 170s when it was up close to 220 But it doesn't mean Facebook isn't going to recover I would not run back and buy stock and Facebook tomorrow But there are a lot of people that were long Facebook and may have taken a hit today But I wouldn't jump back in if you want to go long wait until the stock recovers the tech sector though And you can see from Amazon tonight is not going to necessarily take a hit just if Facebook even still Here's the thing Facebook. I think it's become too uncomfortable for users Twitter is a virtual town square But Melissa Facebook is a virtual family living room They don't want to hear about politics at the family dinner table. They don't want to hear it on Facebook That's an uncomfortable space for viewers excuse me users to be in user growth went down And I think time spent on Facebook is not is trending flat to the downside That's right It might be because of the reasons that you said people people want to go on and they want to have fun And they want to talk to their friends and they want to talk to their family They don't want to get an arguments about politics right Melissa. You're terrific. Sorry. We lost. I young We're gonna have both time and Melissa back on great stuff. Thank you both a possible promising drug to slow off time