Syz the moment

Every investor should read this: (source: Matt Allen)

Intel & Amazon just Announced an Extended Multi Year Multi Billion Dollar Partnership. $INTC 📈 was up +10.85% in after hours Source: Trend Spider

The shares slid as much as 6% in extended trading. Here's how $AMZN Amazon did in Q2 FY24: • Revenue +10% Y/Y to $148B ($0.8B miss). • Operating margin 10% (+4pp Y/Y). • FCF $53B TTM. ☁️ AWS: • Revenue +19% Y/Y to $26.3B. • Operating margin 36% (+11pp Y/Y). Q3 FY24 Guidance: • Revenue ~$154-$158.5B ($158.3B expected).

Amazon up ~27% this year, driven by improving growth trends as AI re-accelerates its cloud-computing business. The milestone puts Amazon into an exclusive club of comps worth $2tn or more: Alphabet crossed the level in April, while Nvidia, Microsoft, and Apple are all worth north of $3tn. (via BBG)

Sales that year were $21 million. Today, it’s $21 million in LESS THAN TWO HOURS... Source: Jon Erlichman

Amazon reported better-than-expected earnings and revenue for the first quarter, driven by growth in advertising and cloud computing. The stock was volatile in extended trading. Amazon expects a continued jump in profitability for the second quarter but at a more measured pace. The company said operating income will be $10 billion to $14 billion, up from $7.7 billion a year earlier. $AMZN Amazon Q1 FY24: • Revenue +13% Y/Y to $143B ($0.7B beat). • Operating margin 11% (+7pp Y/Y). • FCF $50B TTM. • Earnings per share: 98 cents vs. 83 cents expected by LSEG AWS: • Revenue +17% Y/Y to $25.0B. • Operating margin 38% (+14pp Y/Y). Q2 FY24 Guidance: • Revenue ~$144-$149B ($150B expected), representing growth of 7% to 11%. Source: App Economy Insights

source : Bloomberg Billionaire Index

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