Nasdaq falls -1.01%
The US stocks are ending the session mixed with the Nasdaq taking it on the chin. The S&P down but a moderate decline, and the Dow up
- The Nasdaq fell -1.01%
- S&P fell -0.30%
- Dow was up 0.44%
Facebook was the big story, losing close to $120B in market capitalization in one day. That is a record.
After the close, Amazon revenues missed $52.89 vs $53.41, but EPS soared by $5.07 vs $2.50 estimate. They issue weaker than expected revenues going forward. Amazon closed at $1808 and is trading at $1854 currently.
Intell also beat wtih EPS at $1.04 (vs $0.96) and Revenues came in at $17.0B vs $16.8B estimate. Data center earnings missed and that is hurting the stock after the close (down -4%).
