Digestion day over within the inventory market indices. But boy after hours we received an explosion off the AMZN & META earnings.
Amzn- This autumn Earnings: Amazon’s fourth-quarter income elevated 14% year-over-year to $170 billionwhich beat the consensus estimate of $166.21 billion, in keeping with Benzinga. The firm reported quarterly earnings of $1 per share, which beat analyst estimates of 80 cents per share.
Meta Platforms reported fourth-quarter income of $40.11 billionwhich was up 25% year-over-year. The whole income beat a Street consensus estimate of $39.17 billion in keeping with data from Benzinga Pro.
Earnings per share within the quarter had been $5.33which beat a Street estimate of $4.96,
The firm reported 3.19 billion common household every day energetic individuals, which was up 8% year-over-year. Family month-to-month energetic individuals totaled 3.98 billion on the finish of the quarter, which was up 6% year-over-year.
Facebook every day energetic customers had been 2.11 billion on the finish of the quarter, which was up 6% year-over-year. Facebook month-to-month energetic customers had been 3.07 billion on the finish of the quarter, which was up 3% year-over-year.
Here is our econ information tomorrow. It could not matter as a lot with all this earnings warmth.
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