All Eyes on Amazon and Apple Earnings, And What the Bond Markets Are Telling Investors 8/3/23
CNBC's "Fast Money"
00:00
Apple Stock Down 1.4% Ahead of the Call
The tech company also forecasting growth will accelerate further in the current quarter. Mel, the takeaway here is better efficiency in the core e-commerce business leading to better profitability overall. The idea that generative AI will require more compute power and thus give Amazon's cloud business a boost in the future.
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