Amazon.com Inc
Stocks making the biggest moves premarket: Apple, Block, Atlassian, Reddit, Airbnb and more
Check out the companies making headlines in premarket trading. Block — The financial technology stock plunged nearly 22% following weak first-quarter revenue. Block said it brought in $5.77 billion, while analysts surveyed by LSEG had projected $6.20 billion. Atlassian – Shares sank 12% after the software company issued weak guidance. Atlassian expects fourth-quarter revenue to range […]
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European stocks open higher on China-U.S. optimism
European stocks opened higher on Friday, as investors assessed a signal that China is seeking trade negotiations will the U.S. The Stoxx 600 index jumped 0.88% in early deals, led by mining stocks, up 2.5%, while banks climbed 1.7%. Most markets were closed on Thursday for the May 1 holiday. London’s FTSE 100 ended a choppy […]
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S&P 500 futures rise as China signals openness to trade talks with U.S.: Live updates
Traders work on the floor of the New York Stock Exchange on May 1, 2025. NYSE S&P 500 futures rose Thursday evening as investors cheered China’s announcement that it is evaluating the possibility of starting trade negotiations with the U.S. Futures tied to the broad-based index added 0.68%. Dow Jones Industrial Average futures jumped 0.82% […]
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CNBC Daily Open: Apple and Amazon beat expectations, but not all’s rosy underneath
A person walks by the Apple store on Fifth Avenue in New York City, U.S., May 1, 2025. Kylie Cooper | Reuters For the quarter that ended in March, Apple and Amazon reported top- and bottom-line numbers that beat analysts’ expectations, joining their fellow “Magnificent Seven” counterparts Alphabet, Microsoft and Meta Platforms on the podium. […]
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Amazon CEO Jassy says he’s ‘optimistic’ company could emerge from tariff uncertainty stronger
Amazon CEO Andy Jassy speaks during a keynote address at AWS re:Invent 2024, a conference hosted by Amazon Web Services, at The Venetian Las Vegas on December 3, 2024 in Las Vegas, Nevada. Noah Berger | Getty Images Amazon CEO Andy Jassy looked to reassure investors on the company’s first-quarter earnings call on Thursday, saying […]
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Stocks making the biggest moves after hours: Apple, Amazon, Airbnb, Block and more
Check out the companies making headlines in extended trading: Apple — The iPhone maker shed 2% after its closely watched Services division performed below expectations in the fiscal second quarter. Services revenue came in at $26.65 billion, lower than the $26.70 billion analysts surveyed by StreetAccount anticipated. Overall earnings and revenue during the period beat […]
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Amazon falls short on cloud revenue for third straight quarter
Amazon CEO Andy Jassy speaks during an unveiling event in New York on Feb. 26, 2025. Michael Nagle | Bloomberg | Getty Images Amazon’s cloud business grew at a slower pace than expected in the first quarter, a third straight revenue miss. Revenue at Amazon Web Services increased 17% to $29.27 billion, while analysts polled […]
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Big Tech has completely reversed its April tariff sell-off and is boosting confidence on Wall Street
A strong pair of earnings reports from Microsoft and Meta Platforms appears to have reignited excitement around the artificial intelligence trade and may be, at least temporarily, pushing tariff worries from investors’ minds. The postearnings rallies for both stocks helped push the Roundhill Magnificent Seven ETF (MAGS) back above its April 2 close, which occurred […]
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Amazon reports first-quarter earnings after the bell
Amazon CEO Andy Jassy speaks during an Amazon Devices launch event in New York City, Feb. 26, 2025. Brendan McDermid | Reuters Amazon is slated to announce its first-quarter earnings after the market close Thursday. Here’s what analysts are looking for: Earnings per share: $1.36 expected, according to LSEG Revenue: $155.04 billion expected, according to […]
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Stocks making the biggest moves midday: Meta Platforms, Qualcomm, Eli Lilly, CVS Health and more
Check out the companies making headlines in midday trading: Meta Platforms — Shares of the Facebook parent jumped about 4% after the company beat earnings expectations . Meta signaled ongoing advertising resilience and upped its capital expenditures range to reflect more data center infrastructure investments, even amid macroeconomic uncertainty. The company also issued in-line guidance […]
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