What an afternoon for big tech
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Argonath Financial
What an afternoon for big tech! Both MSFT and AMZN are up after hours (5% and 8% respectively as of this writing) on very positive earnings results. MSFT crushed expectations with $18.5 billion in revenue compared to analysts' projections of $17.8 billion, and EPS of $0.62 compared to forecasts of $0.54. Enterprise revenues led the surge. Meanwhile, AMZN's revenues came in at $17.1 billion, higher than the projected $16.7 billion, and posted a loss of $0.09 per share, roughly in line with estimates. The growth is sales is due to aggressive expansion and penetration into overseas markets. The US markets will likely get a boost tomorrow with the strong results from both powerhouse tech/retail companies.
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I'm an investments analyst for a US-based independent investment research firm. My focus is on economics, options, and all types of stocks, but especially tech, Internet, and renewable energy companies. I have experience as a options market...
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![Jay Soloff](https://assets.livewiremarkets.com/rails/active_storage/representations/proxy/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBYUE9IiwiZXhwIjpudWxsLCJwdXIiOiJibG9iX2lkIn19--b8a49a13a10eac8827f8cf83bdb8cd20347f7c97/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCem9MWm05eWJXRjBTU0lKYW5CbFp3WTZCa1ZVT2hOeVpYTnBlbVZmZEc5ZlptbHNiRnNIYVFISWFRSEkiLCJleHAiOm51bGwsInB1ciI6InZhcmlhdGlvbiJ9fQ==--a788536266c8d052a67a95e113f2ebbff3ad0a97/82f2d84374b557bd2b5ccd93917d8c7e1379280233.png)
I'm an investments analyst for a US-based independent investment research firm. My focus is on economics, options, and all types of stocks, but especially tech, Internet, and renewable energy companies. I have experience as a options market...
Expertise
No areas of expertise