Us stocks rose on Thursday, as a number of technology stocks had strong earnings reports.. on the S&P 500 Index rose 1%, index Dow Jones rose by 1% and the Nasdaq 1.6%.
Several companies have reported last quarter after the bell on Thursday, including Amazon.com ink. (Nasdaq:weekly news), Microsoft (Nasdaq:Russian market) and Intel (Nasdaq:INTC).
That’s how they did:
Amazon.com Ink. (Weekly news)
Amazon reported its latest quarterly earnings after the close Thursday, beating analysts ‘ expectations.
The company announced that its adjusted profit for the period amounted to $3.27 per share, which was long before the assessment the wall Street consensus of $1.26 a share, according to Thomson Reuters.
Amazon was strong and 51.04 billion, an increase of 43% compared to the same quarter last year, thanks to strong performance from food. Analysts had forecast a profit of 49.78 billion, according to Thomson Reuters.
Arm of online retailer summed up to 5.44 billion dollars, ahead of the $ 5.25 billion that analysts polled by factset called for. Company Amazon North America made up about 46% year on year to 30.7 billion. but international sales grew by 34% to 14.8 billion.
The events of the week shares fell after the bell on Thursday about 5.9%.
Microsoft Corporation (msft)by volume
In addition, Microsoft yesterday unveiled its latest quarterly earnings after the bell.
The company’s third-quarter profit of 95 cents a share on an adjusted basis, 10 cents higher than the 85 cents a share that analysts insist that in their estimate, according to Thomson Reuters.
It was a good period for Microsoft, as the company brought in 26.82 billion dollars in sales, better than 25.77 billion that wall Street was to send in your forecast, according to Thomson Reuters.
Revenue tech giant has grown by about 16% compared to the same quarter last year. For its fiscal fourth quarter, analysts expect Microsoft to bring in 28.01 billion dollars in revenue in the United States.
Shares on Tuesday fell after hours Thursday about 0.3%.
Intel Corporation (INTC)
Intel had a positive period, and the stock rose on the quarterly revenues of the company rhythm.
The company brought in a GAAP profit of $16.1 billion for the first quarter, marking a 9% increase compared to the same quarter last year and beating the $15.05 billion that analysts urge.
Intel’s earnings came to 87 cents a share on an adjusted basis in fiscal 2018, marking a 32% growth compared to the same quarter last year. Wall Street had forecast adjusted profit of 72 cents a share.
In the second quarter the company expects a profit of 16.3 billion dollars, ahead of 15.55 billion us dollars, which wall Street calls. The planned earnings of 85 cents per share, according to the company, ahead of the 81 cents a share that analysts predict.
Fiscal 2018, Intel expects income of $ 67.5 billion, ahead of 65.06 billion, analysts expect. Intel also calls for an adjusted profit of 3.85% per share throughout the years ahead of $3.65 per share that wall Street predicts in its Outlook.
Shares of stock amounted to around 6.8% after the bell.
At the time of this writing, Karl Utermohlen not to take a position in any of the above securities.