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Up 5% today and a further 8% after hours. Combined with Google, Microsoft and Meta results, it seems like big tech is roaring back.
Did you mean to say down 1% after hours? :)
Couldn't imagine it aging any worse than this for Amazon
- EPS $0.31 vs $0.22

- Revenue $127.4 billion vs $124.55 billion

- AWS Net sales: $21.35 billion vs estimated $21.03 billion

What was said on the earnings call that erased the stock gain from the earnings release?
Cloud growth in April so far was 5% lower than the first quarter.
Stock market loves layoffs, in the short term at least. They may not like what happens in a year or two but who cares.