Previous close | 17.20 |
Open | 17.20 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 90.00 |
Expiry date | 2026-01-16 |
Day's range | 17.20 - 17.20 |
Contract range | N/A |
Volume | |
Open interest | N/A |
Shopify's (SHOP) first-quarter 2024 performance is expected to reflect benefits from the growing adoption of merchant-friendly solutions despite the challenging macro environment.
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Amazon reported strong first-quarter results, with revenue and operating income ahead of expectations. The company delivered operating income of $15.3 billion, above consensus of $11.3 billion, while reporting better-than-expected growth in both Amazon Web Services (+17.2% year over year versus Street +15%) and advertising (+24.3% Y/Y versus Street +23.5%). Amazon has now reported operating income above the high end of its guidance range for five consecutive quarters, and the company has a number of drivers for further margin expansion in place, including continued cost efficiencies within its fulfillment network as well as the ongoing mix shift toward higher-margin AWS and advertising revenue.