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MicroStrategy falls sharply after reporting a steep first-quarter loss, Eli Lilly tops earnings estimates and raises full-year guidance, and Tesla shares decline after surging 15% on Monday. Amazon.com, AMD, and Super Micro Computer are scheduled to report earnings after the closing bell Tuesday...
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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...
Continue ReadingAmazon com posted better-than-expected first-quarter financial results, driven by strong growth in the company’s AWS cloud computing business and impressive advertising demand. Microsoft and Alphabet last week posted better-than-expected growth in their cloud computing businesses, each beating Wall Street’s estimates by several percentage points. Amazon Web Services revenue was $25 billion, up 17%, above the Street consensus forecast of $24.6 billion, and the best growth in four quarters...
Continue ReadingRecent pullbacks have put some artificial intelligence stocks on sale...
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(Bloomberg) -- Investors are plowing into technology-tracking ETFs at a record clip as conviction builds that the market’s biggest stocks can thrive in almost any economic cycle. Most Read from BloombergHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsTesla Soars on Tentative China Approval for Driving SystemStocks Trade for 390 Minutes a Day. Increasingly, Only 10 MatterBinance and CZ’s Fortunes Are Set to Grow, Jail or no JailCocoa Plunges Most Ever With Trader Exodus Sparking Huge M...
Continue ReadingApple is neither the growth stock it used to be nor the value stock investors have always hoped it would become. Read more to see my analysis on AAPL stock...
Continue ReadingEvery other stock in the S&P 500 with a market capitalization north of $1 trillion pays a dividend. What is Amazon waiting for?...
Continue Reading(Bloomberg) -- Amazon.com Inc.’s “show-me” moment will arrive on Tuesday when its earnings become the latest litmus test on appetite for heavy artificial intelligence spending.Most Read from BloombergHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsTesla Soars on Tentative China Approval for Driving SystemStocks Trade for 390 Minutes a Day. Increasingly, Only 10 MatterBinance and CZ’s Fortunes Are Set to Grow, Jail or no JailUS Warns ICC Action on Israel Would Hurt Cease-Fire ChancesTh...
Continue ReadingLooking for stock market analysis and research with proves results? Zacks.com offers in-depth financial research with over 30years of proven results...
Continue Reading25 of 41 current BKH owned stocks pay dividends. Read more to see a detailed analysis of the stocks listed in this article...
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