Amazon's $400bn rally hinges on cloud results: Tech watch
Amazon is projected to deliver earnings per share of 58 cents on revenue of $142bn, respective increases of 236% and 11%.
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Amazon is projected to deliver earnings per share of 58 cents on revenue of $142bn, respective increases of 236% and 11%.
(Bloomberg) -- It’s getting bleak for equity bulls hoping for a reprieve from the US stock market’s “higher-for-longer” tantrum.Most Read from BloombergKey Taiwan Tech Firms Helping Huawei With China Chip PlantsWhy a US Recession Is Still Likely — and Coming SoonWall Street Fear Gauge Ratchets Up After Jobs Data: Markets WrapAirbnb Is Fundamentally Broken, Its CEO Says. He Plans to Fix It.Kevin McCarthy Ousted as US House Speaker by Republican DissidentsThe S&P 500 Index plunged to the lowest le
Investors and traders are looking for Federal Reserve Chairman Jerome Powell to address where he sees the neutral rate of interest during his speech on Friday.
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US stocks fell steeply on Tuesday as investors grew fearful that the turmoil in the banking sector has not been contained, and ahead of a key policy decision from the Federal Reserve.