Absolute tearaway earnings from FAANG this morning:
- Facebook EPS $1.80 vs. $1.39 sent estimate
- Apple EPS $2.58 vs. estimates of $2.07
- Alphabet EPS $14.21 with adjusted earnings of $10.13 vs. $8.21 estimate
- Amazon EPS $10.30 vs. an estimate of $1.46
Much of the commentary was positive as well so all of the stocks are up bigly after hours.
The stocks are expensive:
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