Amazon stock hit hardest after tech earnings bonanza, despite misses by Apple and Alphabet
Publishing timestamp: 2023-02-03 12:28:37
Summary
Amazon's stock slid after the company reported mixed fourth-quarter results, while Apple and Alphabet's stocks were up and down respectively. Analysts were encouraged by Amazon CEO Andy Jassy's efforts to get costs under control and said Amazon could prove resilient in turbulent economic environment. Apple telegraphed that things are getting better, while analysts are bullish on Alphabet's prospects for artificial intelligence and highlighted its strong core business.
Sentiment: MIXED
Tickers: GOOGL, AAPL, AMZN, GOOG,
Keywords: apple inc, business news, amazon.com inc, alphabet class a, earnings, alphabet class c, stock markets, technology, internet,
Source: https://www.cnbc.com/2023/02/03/amazon-stock-hit-hardest-after-tech-earnings-bonanza.html