Previous close | 2.8300 |
Open | 0.9200 |
Bid | 0.4700 |
Ask | 2.0800 |
Strike | 570.00 |
Expiry date | 2024-07-19 |
Day's range | 0.9200 - 1.0700 |
Contract range | N/A |
Volume | |
Open interest | 151 |
Amazon reported strong first-quarter results, with revenue and operating income ahead of expectations. The company delivered operating income of $15.3 billion, above consensus of $11.3 billion, while reporting better-than-expected growth in both Amazon Web Services (+17.2% year over year versus Street +15%) and advertising (+24.3% Y/Y versus Street +23.5%). Amazon has now reported operating income above the high end of its guidance range for five consecutive quarters, and the company has a number of drivers for further margin expansion in place, including continued cost efficiencies within its fulfillment network as well as the ongoing mix shift toward higher-margin AWS and advertising revenue.
Competition is heating up in the GLP-1 space as Amgen gets closer to the finish line with its candidate.
Amgen (AMGN) beats first-quarter 2024 estimates for earnings and sales. Amgen is "very encouraged" by interim data from the phase II study on obesity candidate MariTide.