- Investor's Business Daily
Amazon Stock Gains On Earnings Beat, Touts AI 'Reaccelerating' Cloud Growth
Amazon stock got a boost late Tuesday, after the e-commerce behemoth reported Q1 earnings and sales that beat expectations.
- Barrons.com
Amazon Stock Jumps on Strong Growth for AWS
Amazon com posted better-than-expected first-quarter financial results, driven by strong growth in the company’s AWS cloud computing business and impressive advertising demand. Microsoft and Alphabet last week posted better-than-expected growth in their cloud computing businesses, each beating Wall Street’s estimates by several percentage points. Amazon Web Services revenue was $25 billion, up 17%, about two percentage points better than Street estimates, and the best growth in four quarters.
- Yahoo Finance
Walmart shuttering health units, including telehealth and 51 clinics
Walmart announced it is closing down its healthcare business Tuesday. The move will impact 51 locations in five states, as well as relationships with health systems, like the one penned with Florida's Orlando Health in November.
