WS #13143
Amazon Q2 revenue +20% to $200.6B, AWS +37%, operating income $27.5B, stock up ~13-15%, driving tech rally. Apple Q3 revenue beat but guidance miss on memory costs and supply constraints, stock down ~9-10%, erasing ~$460B market cap. NXP in talks to acquire Ambarella (AMBA spikes); T-Mobile executives oppose $300B Deutsche Telekom merger.
Amazon earnings beat and AWS acceleration
Amazon Q2 revenue +20% to $200.6B, AWS +37%, operating income $27.5B, stock up ~13-15%, driving tech rally.
Apple Q3 revenue beat but guidance miss on memory costs and supply constraints, stock down ~9-10%, erasing ~$460B market cap.
NXP in talks to acquire Ambarella (AMBA spikes); T-Mobile executives oppose $300B Deutsche Telekom merger.