The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF

Amazon reported higher capital spending than expected, while its e-commerce revenue slowed ahead of a potentially lukewarm holiday sales season. Intel's revenue forecast missed estimates, hurt by sputtering demand for PC processors and supply-chain problems with its lucrative data center companies.

On today's episode:

• Anurag Rana, Bloomberg Intelligence Senior Tech Analyst
• Jake Silverman, Bloomberg Intelligence Semiconductor Analyst
• Kunjan Sobhani, Bloomberg Intelligence Senior Semiconductor Analyst
• Liz Ann Sonders, Schwab Chief Investment Strategist
• Mike Townsend, Schwab Managing Director of Legislative & Regulatory Affairs