Previous close | 0.0300 |
Open | 0.0300 |
Bid | 0.0000 |
Ask | 0.0700 |
Strike | 87.00 |
Expiry date | 2024-06-21 |
Day's range | 0.0300 - 0.0300 |
Contract range | N/A |
Volume | |
Open interest | 1.57k |
US stocks (^DJI, ^IXIC, ^GSPC) saw their worst monthly performance of this year in April ahead of the Federal Reserve's next interest rate policy decision on Wednesday afternoon. The market is under pressure this morning as equities search for clarity in the Fed's messaging for future FOMC meetings. Amazon (AMZN) posted stellar first-quarter earnings results boosted by its AI and AWS cloud segments. Lastly, Starbucks (SBUX) stock tumbles in Wednesday pre-market trading after the coffee chain missed first-quarter earnings estimates and revealed declining same-store sales figures. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
Amazon reported first quarter earnings results on Tuesday.
Amazon (AMZN) reported first quarter earnings of $0.98 per share, topping expectations of $0.83. Net sales of $143.31 billion was slightly better than the estimated $142.59 billion. Both AWS and North American revenues came in above Street consensus. The company's second quarter outlook, however, fell short of expectations. Amazon sees net sales of $144 billion to $149 billion. The estimate was for $150.2 billion. Yahoo Finance's Julie Hyman and Josh Lipton break down the tech giant's quarterly results. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Stephanie Mikulich.