Tag: Expectations

Amazon Earnings Demolish Expectations: 5 Metrics You Should See

Amazon (NASDAQ:AMZN) reported powerful first-quarter 2021 results after the market close on Thursday.  Shares of the e-commerce and cloud-computing leader rose 2.4% in Thursday’s after-hours trading session. We can probably attribute the market’s initial reaction to both revenue and earnings sailing by the Wall Street consensus estimates, as well as second-quarter revenue guidance coming in…

Apply brakes to Apple Car expectations, analyst says

The idea of an Apple Car landing in showrooms hit the headlines again last week when a Reuters report suggested the tech giant is aiming to have an electric vehicle (EV) with autonomous capabilities ready for market in 2024. But a new research note from respected Apple analyst Ming-Chi Kuo suggests the car’s precise design specifications…

Alibaba beats revenue expectations on cloud boost

SHANGHAI (Reuters) – Chinese e-commerce giant Alibaba Group Holding Ltd beat fourth-quarter revenue forecasts on Wednesday, thanks to growth in its core business and its diversification into cloud computing and other services. A man stands near the logo of Alibaba Group at the company’s newly-launched office in Kuala Lumpur, Malaysia June 18, 2018. REUTERS/Lai Seng…