Hi @saintex I believe Amazon's profit was lower due to losses from their EV shareholding in Rivian, Apple's report was the first miss since 2016 from memory. Interesting note re the trends in cloud services, perhaps down to businesses attempting to cut costs, staff layoffs another indicator.
This was from November 2022, layoffs continuing at major tech companies in 23', just thought it was a good visualisation (from https://www.visualcapitalist.com/visualizing-tech-company-layoffs-in-2022/)
Cheers,
Plague.
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