
Snapchat, Amazon, and Pinterest Earnings
Bloomberg Tech
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How AI Is Going to Impact Hiring and Management in the Workplace
Investors are cautious about inflation ahead of the Fed next week. The NASDAQ is still managing to punch up three tenths of a percent, even though Amazon is that drag. Snap usually reports earlier, it's a little bit later this quarter, but basically it's first ever revenue decline and you can see how that's weighing on the shares. Biggest drop in around six months for Pinterest - another one where it's failing to gain traction,. How is this relevant anymore? We'll dig into that and then Amazon down 4%. This is all about the cloud sequentially into April from the first quarter, AWS top line growth slowing by around 500 basis points.
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