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Amazon Shares Rally After Solid 1Q Results

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  • Description

    FBN’s Adam Shapiro breaks down Amazon’s first-quarter earnings results.

  • Duration 0:53
  • Date

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I'm -- -- barely get Fox Business -- Amazon is on the rise in extended trading following a stronger first quarter earnings for the online retailer topped estimates of 28 cents a share revenue also came in better than expected.

For thirteen point 18 billion dollars Expedia shares are also trading higher after.

Posting solid quarterly results earnings -- -- forecast of 26 cents a share revenue also came in better.

Than expected strong growth in gross bookings transactions and hotel revenue contributed to this.

On the flip side Starbucks shares -- lower after they posted a second quarter results.

Those Starbucks saw strong same store results in the Americas and Asia Pacific region the company did see -- slowness in Europe last month the company admitted Europe is lagging.

Consumers not referring -- That's the latest from the Fox Business Network giving you the power to prosper.

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