News Formal

What Wall Street expects from Amazon, Apple earnings after the bell

  • 📰 CNBC
  • ⏱ Reading Time:
  • 20 sec. here
  • 10 min. at publisher
  • 📊 Quality Score:
  • News: 39%
  • Publisher: 72%

Amazon.Com Inc Nyheter

Apple Inc,Technology,Breaking News: Technology

Wall Street faces another key litmus test Thursday with results from megacaps Apple and Amazon after the bell.

Wall Street faces another key litmus test Thursday with results from megacap technology giants Apple and Amazon . It comes as the Nasdaq slumps 2% after Microsoft issued disappointing revenue guidance and Meta Platforms warned of heightened AI-related costs . Both tech giants fell on Thursday, despite topping Wall Street's estimates. Capital expenditures remain top of mind for investors on the hunt for signs of a payoff from these hefty investments.

Improvements within the retail segment should help offset some higher costs from Amazon's satellite project, said Citi's Ronald Josey. "Amazon remains one of our top picks across the Internet sector and believe the rise in essentials, faster shipping, and improving conversion rates can deliver strong retail results as AWS demand continues to improve," he wrote.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Breitbart Business Digest: Wall Street Sides with Harris, Main Street Sides with TrumpSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Källa: BreitbartNews - 🏆 610. / 51 Läs mer »