Welcome. A blowout quarter from amazon that few curve predicted. The Online Retailing powerhouse continued to drive along to get people the items they want at their doorstep when they want them. And its efforts are paying off. More customers joined its prime Loyalty Program and revenue jumped in its Cloud Services businesses. Look at the numbers. Amazon reported earnings of 1. 07 a share, estimates were almost half that fay cents a share. Sales of 29 billion were 28 higher than a year ago surpassing not only wall street estimates but amazons own forecasts and as for shares, they took off. Initially in afterhours trading, there is a chart of them. Josh lipton has more on amazons strong results. Reporter 1. 1 billion. That was a big number in amazons earnings release. It refers to the operating income that amazon reported for the first quarter, and it was way above analyst estimates. Aaron kessler of Raymond James says that number proves two points. One, amazon candle straight leverage w
That few curve predicted. The Online Retailing powerhouse continued to drive along to get people the items they want at their doorstep when they want them. And its efforts are paying off. More customers joined its prime Loyalty Program and revenue jumped in its Cloud Services businesses. Look at the numbers. Amazon reported earnings of 1. 07 a share, estimates were almost half that fay cents a share. Sales of 29 billion were 28 higher than a year ago surpassing not only wall street estimates but amazons own forecasts and as for shares, they took off. Initially in afterhours trading, there is a chart of them. Josh lipton has more on amazons strong results. Reporter 1. 1 billion. That was a big number in amazons earnings release. It refers to the operating income that amazon reported for t e first quarter, and it was way above analyst estimates. Aaron kessler of Raymond James says that number proves two points. One, amazon candle straight leverage when it wants to. Also, the company is b
Welcome. A blowout quarter from amazon that few curve predicted. The Online Retailing powerhouse continued to drive along to get people the items they want at their doorstep when they want them. And its efforts are paying off. More customers joined its prime Loyalty Program and revenue jumped in its Cloud Services businesses. Look at the numbers. Amazon reported earnings of 1. 07 a share, estimates were almost half that fay cents a share. Sales of 29 billion were 28 higher than a year ago surpassing not only wall street estimates but amazons own forecasts and as for shares, they took off. Initially in afterhours trading, there is a chart of them. Josh lipton has more on amazons strong results. Reporter 1. 1 billion. That was a big number in amazons earnings release. It refers to the operating income that amazon reported for the first quarter, and it was way above analyst estimates. Aaron kessler of Raymond James says that number proves two points. One, amazon candle straight leverage w
Todays winners. Take a look at some of the big names in biotech, staging a comeback. Biogen, among others, leading the nasdaq 100 higher and speaking of health care, you got to take a look at Intuitive Surgical. Intuitive surgical shares, the best performing stock on the nasdaq 100 after its preliminary Fourth Quarter revenue beat street estimates. Then switch over to tech, because tech is the best performing s p sector providing market leadership. Google, expedia, apple, yahoo broadbased gains in tech. Tech is a sector favored to move higher in a rising rate environment. Lastly, social media, those stocks have had a couple volatile days. We are seeing facebook, twitter among others posting gains. Sue . Thank you very much, seema. The trading action here, we are just off the highs of the trading session but the big event in todays trading session is two hawks on the fed are making comments. Richard fisher will make comments shortly but mr. Plosser has made some comments and is talking
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