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Stock futures are plunging after the mega-cap tech names haven't turned in the strong results that the markets had factored in.
The company's cloud business maintained the pace of expansion.
Amazon and Walmart are both consumer-facing companies and are therefore subject to the vagaries of the economy.
E-commerce giant Amazon, Inc. AMZN has emerged as a potent threat to brick-and-mortar stores over the years, as purchases began to shift online due to the…
Factset data indicates that out of the 17% of the S&P 500 companies that have reported so far, 73% have reported positive EPS surprises.