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$Amazon (AMZN.US)$ reported strong quarterly results on Thursday, beating analyst expectations on both revenue and earnings.
The share price surged after the surprise.
What would investors need to know about the latest results?
1. Revenue and profit improve
The company's revenue for the second quarter of 2023 was $134.4 billion, up 11% year-over-year. Operating income was $7.7 billion, up 130% year-over-year. Net income was $6.7 billion, up 220% year-over-year.
T...
The share price surged after the surprise.
What would investors need to know about the latest results?
1. Revenue and profit improve
The company's revenue for the second quarter of 2023 was $134.4 billion, up 11% year-over-year. Operating income was $7.7 billion, up 130% year-over-year. Net income was $6.7 billion, up 220% year-over-year.
T...
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NIO share has ability to reach USD70 based on chart analysis... it has gone up for many days and finally a retracement last night... but do not panic.. let it cool down and wait for another round of bull fight after the US holiday
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103942655
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MACRO
CEOs Bet Big on US Economy, Plowing Cash Into Projects
CEOs across the country are opting to reinvest more of their profits in expansion projects rather than handing the money back to shareholders.
With tightening credit muting share repurchases, and the siren song of artificial intelligence blaring everywhere, outlays for investment on plants and technology have blossomed. The median company pushed ...
CEOs Bet Big on US Economy, Plowing Cash Into Projects
CEOs across the country are opting to reinvest more of their profits in expansion projects rather than handing the money back to shareholders.
With tightening credit muting share repurchases, and the siren song of artificial intelligence blaring everywhere, outlays for investment on plants and technology have blossomed. The median company pushed ...
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