Digestion day over in the stock market indices. But boy after hours we got an explosion off the AMZN & META earnings .
Amzn- Q4 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. The company reported quarterly earnings of $1 per share, which beat analyst estimates of 80 cents per share.
Meta Platforms reported fourth-quarter revenue of $40.11 billion, which was up 25% year-over-year. The revenue total beat a Street consensus estimate of $39.17 billion according to data from Benzinga Pro.
Earnings per share in the quarter were $5.33, which beat a Street estimate of $4.96.
The company reported 3.19 billion average family daily active people, which was up 8% year-over-year. Family monthly active people totaled 3.98 billion at the end of the quarter, which was up 6% year-over-year.
Facebook daily active users were 2.11 billion at the end of the quarter, which was up 6% year-over-year. Facebook monthly active users were 3.07 billion at the end of the quarter, which was up 3% year-over-year.
Here is our econ data tomorrow. It may not matter as much with all this earnings heat.
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