On Thursday, $Amazon (AMZN.US)$ announced its third-quarter earnings. The company exceeded expectations on net sales and EPS but fell short on its cloud revenue.
Initially, the company's shares rose by 5% in after-hours trading. Later, the gains dissipated but surged again after the earnings call.
The Earnings Call
Artificial intelligence was the star of the call. CEO Andy Jassy told analysts ...

Boston Consulting Group, one of the world's largest corporate advisers, has sued $GameStop (GME.US)$ over what it called $30mn in unpaid bills.
Meme-stock company "refused to pay significant amounts" for help on transformation, complaint says.
The consulting group said in a complaint filed in US federal court that it began working with GameStop in 2019 to help "enable a corporate transformation" that would improve its flagging fortunes.
BCG said that GameStop was flo...

“I hereby challenge Vladimir Putin to single combat,” Musk wrote on   $Twitter (Delisted) (TWTR.US)$  Monday. “Stakes are Ukraine.”
Musk wrote out both Putin’s name and the word “Ukraine” in Cyrillic script.
But while Putin’s name was written out in Russian, “Ukraine” was written in Ukrainian, a show of support from the world’s richest man toward the plight of Ukrainian citizens after Russia’s unprovoked invasion ...

$Microsoft (MSFT.US)$ on Friday finally confirmed that it will allow popular game Call of Duty (CoD) to stay on $Sony (SONY.US)$ PlayStation, after the US tech giant gobbled up CoD maker $Activision Blizzard (ATVI.US)$ for $69 billion.
In a tweet, head of Xbox, Microsoft Gaming CEO Phil Spencer, said that CoD does have a future on Sony platforms.
Had good calls this week with leaders at Sony. I confirmed our intent to honour all existing agreements ...