Straits Times Index
3,292.69 +10.64 (+0.32%) S&P 500
5,026.68 -9.01 (-0.18%) Dow
37,974.82 +158.90 (+0.42%) Nasdaq
15,617.81 -40.01 (-0.26%) Bitcoin USD
57,204.83 -2,962.48 (-4.92%) CMC Crypto 200
1,186.12 -152.95 (-11.42%)
AMZN Jun 2024 2050.000 put
| Previous close | 266.72 |
| Open | 266.72 |
| Bid | 243.50 |
| Ask | 263.00 |
| Strike | 2,050.00 |
| Expiry date | 2024-06-21 |
| Day's range | 266.72 - 266.72 |
| Contract range | N/A |
| Volume | |
| Open interest | 9 |
- Yahoo Finance Video
Amazon will emerge as 'cleaner name' among Mag 7: Analyst
Amazon (AMZN) shares rose after the tech giant delivered strong first quarter earnings largely driven by Prime Video ad revenue and its cloud computing business, Amazon Web Services (AWS). However, the tech giant's retail and e-commerce segments lagged behind, as the company's second quarter outlook fell short of Wall Street expectations. Bernstein Internet Equity Research Analyst Mark Shmulik breaks down Amazon's earnings and how the company's generative AI investments are driving significant growth despite weak retail guidance. "When the dust settles on earnings, Amazon's gonna emerge as the cleaner name amongst the 'Mag Seven,'" he tells Brad Smith, adding that its investments in AWS and artificial intelligence speak to "the leverage in the business." For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Melanie Riehl
- Yahoo Finance Video
Amazon cloud revenue and AI push offset weak Q2 retail outlook
Amazon (AMZN) stock rose in extended-hours trading after topping Wall Street estimates in its first quarter earnings, largely due to the revenue generated by the company's cloud computing business, Amazon Web Services (AWS). On the retail side, Amazon's second quarter outlook fell below expectations. The company projected its net sales to land between $144 billion and $149 billion, falling short of the Street's estimate of $150 billion. Despite the projected dip in consumer spending, Brad Smith and Seana Smith emphasize the growth of AWS and AI innovations that offset Amazon's lackluster e-commerce and retail performance. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl
Yahoo FinanceAmazon stock pops after earnings beat
Amazon reported first quarter earnings results on Tuesday.
