Amazon beat expectations. EPS $0.31 versus $0.21 expected. Rev $127.4B vs 124.55B

Amazon is reporting better-than-expected earnings on the top and bottom lines. Shares are up 11%:

• earnings Earnings A company’s earnings represent its profits or net benefits as a result of its operation.Earnings are the net benefits of a corporation's operation. Earnings can be calculated as EBIT, i.e. earnings before interest and taxes, and EBITDA, i.e. earnings before interest, taxes, depreciation, and amortization.Earnings are valuable tools for investors of company shares as they can often highlight a company’s financial standing and performance. Better performances can result in strengthened share price A company’s earnings represent its profits or net benefits as a result of its operation.Earnings are the net benefits of a corporation's operation. Earnings can be calculated as EBIT, i.e. earnings before interest and taxes, and EBITDA, i.e. earnings before interest, taxes, depreciation, and amortization.Earnings are valuable tools for investors of company shares as they can often highlight a company’s financial standing and performance. Better performances can result in strengthened share price Read this Term-per-share $0.31 versus $0.21 expected
• revenues $127.4 billion versus $124.55 billion expected
• AWS +16% to $21.03 billion
• Q2 revenues $127 – $133 billion. Expected $129.83 billion

Share prices are up about 11%.

Looking at Intel's earnings, they too are beating expectations:

• Earnings-per-share $-0.04 versus $-0.15 expected
• Revenues $11.7 billion versus $11.04 billion expected
• Midpoint revenue guide is $12 billion versus $11 billion expected

Shares of Intel are currently up around 2% in after-hours trading

Amgen earnings:

• EPS $3.98 versus $3.85 expected
• Revenues $6.11 billion versus expected $6.17 billion

Amgen shares

T-Mobile earnings:

• Earnings-per-share $1.58 versus $1.48
• Revenues $19.63 billion versus $19.81 billion

Shares of T-Mobile are trading down -1.29%