The week was a rollercoaster ride for the market, with major companies like Amazon.com Inc, Snap Inc, Alphabet Inc, Palantir Technologies Inc and Taiwan Semiconductor Manufacturing Co making significant announcements.
Let’s dive into the key highlights.
Amazon’s Q4 Earnings: A Mixed Bag
The e-commerce behemoth, Amazon, unveiled its Q4 financial results. The report showcased a blend of hits and misses, with AWS growth hitting its fastest rate in three years and a projected CapEx of $200 Billion in 2026.
Snap’s Stock Soars Post Q4 Earnings
Snap Inc. reported a surprising Q4 earnings of three cents per share, beating the consensus estimate for a loss of three cents. …