Quarterly results late today. We begin with amazon and its big earnings miss, not coming anywhere near where wall street was expecting. And one reason was a sharp rise in the ecommerce companys shipping costs which rose more than 40 . Other expenses included investments in new Growth Markets like fashion and beauty. Here are the numbers. Amazon earned 52 cents a share. Wall street was looking for 78 cents. Revenue rose 29 from a year ago to 32 billion. But its Sales Guidance wasnt as strong as some would have liked. That sent shares lower in initial after hours trading. Heres the onekey takeaway from amazons results. Reporter over the last two quarters, amazon has blown earnings expectations out of the water. When it came up short this time, the stock went lower in the after hours. Amazon was expected to make a killing in the ecommerce space during the allimportant Holiday Shopping season but its outlook fell a little short. On the bright side, its ecloud business continues to grow at
Quarterly results late today. We begin with amazon and its big earnings miss, not coming anywhere near where wall street was expecting. And one reason was a sharp rise in the ecommerce companys shipping costs which rose more than 40 . Other expenses included investments in new Growth Markets like fashion and beauty. Here are the numbers. Amazon earned 52 cents a share. Wall street was looking for 78 cents. Revenue rose 29 from a year ago to 32 billion. But its Sales Guidance wasnt as strong as some would have liked. That sent shares lower in initial after hours trading. Heres the onekey takeaway from amazons results. Reporter over the last two quarters, amazon has blown earnings expectations out of the water. When it came up short this time, the stock went lower in the after hours. Amazon was expected to make a killing in the ecommerce space during the allimportant Holiday Shopping season but its outlook fell a little short. On the bright side, its ecloud business continues to grow at
Quarterly results late today. We begin with amazon and its big earnings miss, not coming anywhere near where wall street was expecting. And one reason was a sharp rise in the ecommerce companys shipping costs which rose more than 40 . Other expenses included investments in new Growth Markets like fashion and beauty. Here are the numbers. Amazon earned 52 cents a share. Wall street was looking for 78 cents. Revenue rose 29 from a year ago to 32 billion. But its Sales Guidance wasnt as strong as some would have liked. That sent shares lower in initial after hours trading. Heres the onekey takeaway from amazons results. Reporter over the last two quarters, amazon has blown earnings expectations out of the water. When it came up short this time, the stock went lower in the after hours. Amazon was expected to make a killing in the ecommerce space during the allimportant Holiday Shopping season but its outlook fell a little short. On the bright side, its ecloud business continues to grow at
Pfizer is a to be close to buying a rival for around 14 million. Caroline manus, we are looking ahead to the market open. A bit of profit this monday, similar to what we saw on friday, the futures market signaling a down day in europe. All eyes are on central banks, on jackson hole, as we see that it is a day of dollar strength. Today we could see 2 10 of 1 being wiped off the euro stocks 60. Manus caroline, yes indeed. Lets have a look at that risk radar. Betterlar is bid, yen offered. Fischer signaling a 2016 rate hike is on the cards, less than a week to go until jackson hole. Dollaryen, you have movement. Very much this divergent policy, kuroda also indicating that the bank of japan wont hesitate. This is in a newspaper article over the weekend. Bloomberg, a 51 probability of a rate hike, up from last week. Keep an eye on your government notes. They get a twomonth high, oil indicates that it adds to the rhetoric of the bond market. Hedge funds cut their bullish bets by the most in
Donating to the campaign and haring messages. Bloomberg today. Im mark crumpton. This is blemplingt bloomberg west is next. This is bloomberg. Bloombergwest is next. Emily im emily chang and this is bloomberg west. Coming up, twitters longawaited antiharassment tool. Does it do enough . Us spot iffy and its longstanding feud with apple. Can consumers get caught in the crossfire . First to our lead. A 4. 3 billion conclusion to the yearslong question, who wants o buy the Cloud Company lack space . The company apollo. Paying a premium over before takeover talks heated up this month. All the details from North Carolina new york. The talk did, m a talk around rackspace has been going on for years. What did 2 take to get this to this point . Youre right, this has been floating around for quite a long time. They were in highflying, rapidly growing company. En a. W. S. Steps in in 2013 and they cut their prices seven times that year and it became clear that rackspace just wasnt able to keep u