Episode Details

Back to Episodes
Amazon shares under pressure after disappointing Q1 guidance

Amazon shares under pressure after disappointing Q1 guidance

Published 1 year, 4 months ago
Description

Amazon shares slip to the downside as the tech giant issues lower-than-expected guidance for the current quarter, but talks up its capex plans with spending to hit 100 billion dollars this year. Europe’s STOXX 600 closes at an all-time high, lifted by upbeat earnings as attention turns to today’s U.S. jobs report. Meanwhile, the Bank of England cuts by a quarter point, as it halves its growth forecast for the year, and flags fresh concerns over the government’s fiscal plans. French cosmetics company L’Oreal misses quarterly sales forecasts, with revenue rising at the slowest pace since the pandemic amid weakness in China and North America.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Listen Now

Love PodBriefly?

If you like Podbriefly.com, please consider donating to support the ongoing development.

Support Us