Amazon 3Q22 Earnings, The Shift in Selling Amazon Prime, Microsoft 1Q23 Earnings (Daily Update)
In today’s update, we wrap up our earnings reviews for the four tech giants (and Meta) by circling back to cover Amazon’s and Microsoft's CY3Q22 earnings. To recap, these are the dates when we covered earnings from the others:
The five companies represent 21% of the S&P 500 index. The discussion includes Neil’s thoughts on the most interesting takeaways from the reports.
Amazon 3Q22 Earnings
Amazon reported 3Q22 results back on October 27th, one day prior to Apple’s earnings.
Overall, the quarter was more negative than what the company reported three months earlier.
Amazon has stood out among Big Tech for facing the most direct impact from macro issues.
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