Amazon Risks Wipeout With Bad Guide. Apple Still Apple

Amazon and Apple closed the book on mega-cap US tech earnings Thursday with results that weren't likely to inspire much in the way of investor enthusiasm. Following underwhelming reports from Microsoft and Alphabet and another fiasco at Meta, Amazon came up short on the top line, and guided well below consensus for Q4. Net sales of $127.10 billion were up 15% YoY, more than double Q2's growth rate. The Street wanted a bit more. Excluding a $5 billion currency impact, revenue growth was 19%. Th

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