giantjoint microsoft, meta and alphabet delivering a surprisingly strong report card. if the sales and profits surpassed wall street expectations, continuing a trend in big tech that is lifted buckets across the board. amazon has been aggressively cutting costs to help boost profitability. it is already laid off 18,000 people and is currently about to eliminate another 9000 jobs and it would appear that some of those measures are already paying off. as the retail giant posted earnings that beat investor expectations. is on s cloud computing business which did not grow as much is expected did very well in the first three months of this year, as did its advertising business amazon s. even retail, a core part of their business, exceeded expectations. the boom in online shopping during the pandemic has waned and people are going back into stores but amazon was still able to get customers to its website, as recent figures show consumer spending in america remains steady. but wh
giantjoined the likes of meta, microsoft and alphabet, delivering a surprisingly strong report card. if sales and profits in the first quarter surpassed wall street s expectations, continuing a trend in big tech that has lifted markets across the board and in fact, you can see the impact on wall street overnight where wall street had its best session since january. where wall street had its best session since january.- where wall street had its best session since january. over the last ear session since january. over the last year amazon session since january. over the last year amazon has session since january. over the last year amazon has been - last year amazon has been aggressively cutting costs to help boost profitability, already laying off 18,000 people and is currently about to eliminate another 9000. it would appear some of those measures are already paying off. the retail giant posted earnings that beat investor expectations. amazon s cloud computing business w
and cloud computing giant it continues a trend in big tech set out this week by the likes of meta, microsoft and alphabet whose latest results show that they re all doing surprising well. this has lifted markets across the board. lisa lisa we saw similar on wall street. here s the bbc s samira hussain. over the last year, amazon has been aggressively cutting costs to help boost profitability. it s laid off 18,000 people and is currently about to eliminate another 9000 jobs. is currently about to eliminate another 9000jobs. it is currently about to eliminate another 9000 jobs. it would appear that some of those measures are already paying off, as the retail giant posted earnings that beat investor expectations. amazon s cloud computing business which didn t go as much as expected last quarter did very well in the first three months of this year, as did its advertising business. even retail, a core part of amazons business exceeded expectations. the boom in online shoppi