Page 8 - Amazon Inc News Today

The stock has surged up 40% this year, outperforming the iShares Semiconductor ETF, the S&P 500 Index, and the Nasdaq 100 Index.

Overall, the energy sector is expected to report -31.4% earnings decline for the fourth quarter, the worst among the market’s 11 sectors.

The Cloud race is heating up and all three frontrunners, namely Amazon, Microsoft and Google reported strong cloud growth in the fourth quarter.

EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions.

Despite their financial strength, Tesla, Amazon, and Alphabet may opt for reinvesting profits over dividend payments due to their respective business models and capital-intensive nature.

Stock futures are pointing upwards on Friday as traders assess earnings reports from Meta Platforms, Inc.

Key U.S. economic data, including non-farm payrolls employment, factory orders, and the University of Michigan's report on consumer confidence, are set to determine the trend on Wall Street and Bay Street in early trades on Friday.

After ending January with modest gains, the major averages now look to earnings catalysts to drive momentum, with futures higher in first trading session of February.

Tech giants report earnings this week, including Apple, Microsoft, Alphabet, Meta and Amazon. Gene Munster predicts pressure points for each.

An analyst sees the Satya Nadella-led company's earnings to be the key barometer for AI spending.