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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