Earnings: Amazon’s fourth-quarter revenue increased 14% year-over-year to $170 billion, which beat the consensus estimate of $166.21 billion, according to Benzinga Pro. The company reported quarterly earnings of $1 per share, which beat analyst estimates of 80 cents per share.
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00:00 EPS came in at a dollar beat the 80 cents estimate sales came in a hundred and seventy billion verse
00:05 166 billion estimates. So I mean Amazon has this track record of delivering on earnings delivered again beat on both EPS and revenue
00:15 the Amazon North American
00:18 Segment sales increased 12% year over year
00:22 So you're seeing just solid growth both in AWS and in sales overall for Amazon stock getting rewarded this morning
00:29 And like you said Dennis and we had two great reports after the close yesterday. Yeah, fantastic
00:35 Both these came before Apple. So let's talk the Amazon report just briefly
00:40 My wife still long this in her long-term account. It's the biggest position in her
00:45 retirement account
00:47 And she's very happy about that reason. I bought it back then was one
00:50 She wanted Amazon because the Amazon trucks here every single day
00:53 But to you is it was just a make a cap tech that I thought eventually would come back
00:57 so we bought around just over a hundred dollars just about a year ago and
01:01 It's been a pretty good year for Amazon. So it's up about 70% since we bought it there
01:06 So it's been a good move up at 170 here holding
01:10 174.50 at your pre-market high up 11 box and just a little bit more of a tame move because it's a higher price stock
01:19 But we'll keep an eye on that
01:21 174.50 level