Amazon, intel and starbucks just three of the big names reporting in the last few moments and we have a full team covering all of that she is on deck to monitor the amazon call that starts in 30 minutes. Josh lipton in San Francisco listening to the intel call and suzanne lee back at headquaters on the starbucks call. Well check in with everyone at the hour well start with amazon. The last of the faang stocks to report earnings. Sinking after missing estimates by more than a buck. The stock is still up 36 this year so did amazon simply run too far too fast and do you buy the dip or is this the start of a bigger sell off . It would be disingenuous to say i saw this coming because i didnt across the board we were bullish on amazon and i remain so but the biggest story is not the epa miss, revenue beat, guidance for the next quarter, revenue is ahead of schedule. What disappointed me and disappointed the street though is operating margins came in about half of what the street is expecting
Tesla’s stock is the biggest loser on the S&P 500. YouTube is hailed as one of the most engaging social media sites, LinkedIn introduces AI tools to save time managing your network, Vision Pro headsets may be a hazard and the CIO Association of Canada turns 20. All this and more on the “my how