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Stock impact report

Amazon shares dip as heavy AI spending overshadows strong cloud rebound [Yahoo! Finance]

Delta Air Lines, Inc. (DAL) 
Last delta air lines, inc. earnings: 4/22 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.delta.com
Company Research Source: Yahoo! Finance
profits, with investor sentiment weighed down by a sharp increase in infrastructure investment. The tech giant posted earnings per share of $2.78, far exceeding the $1.63 consensus estimate, while revenue reached $181.5 billion, ahead of the $177.13 billion expected by analysts. A key highlight from the report was Amazon Web Services, which posted 28% growth, marking a notable acceleration in its cloud business. Chief Executive Andy Jassy emphasized the strength across divisions, stating, “AWS is growing 28% (our fastest growth in 15 quarters) on a very large base, our chips business topped a $20 billion revenue run rate (growing triple digits year-over-year), Advertising grew to over $70 billion in TTM revenue, and unit growth in our Stores reached 15% (the highest since the tail end of covid lockdowns).” Despite reporting record operating income of $23.9 billion, investors focused on declining free cash flow, which dropped to $1.2 billion over the trailing twelve months. The com Show less Read more
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