Reported 1 day ago
The earnings season is underway with several major tech firms releasing results. Amazon's stock surged after a 20% year-over-year increase in AWS revenue, while Apple CEO Tim Cook predicted the company's upcoming holiday quarter will be its best ever. Overall, analysts anticipate a 9.2% rise in S&P 500 earnings per share for Q3, marking a slowdown from previous quarters. Other notable companies reporting include Exxon, Chevron, and Coinbase, with many performing better than expected.
Source: YAHOO