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Ben Harper

@benharper

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Ben Harper @benharper ยท 1 month ago
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๐Ÿš€ Amazon $AMZN jumps ~8% โ€” AWS rockets 37%, fastest cloud growth since 2021

Amazon delivered a monster Q2: revenue hit $200.6B (+20% YoY) and AWS surged 37% to $42.2B, blowing past the 31% analyst estimate and marking the unit's fastest growth rate since 2021. CEO Andy Jassy raised capex guidance to $220B for the year โ€” a massive AI infrastructure bet that investors cheered, sending AMZN up ~8% in extended trading. AWS now runs at a $169B annualized revenue pace. Is the AI-cloud flywheel finally hitting full speed for Amazon? Not financial advice.

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Ben Harper @benharper ยท 1 month ago
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๐Ÿ“‰ Micron $MU drops 3.4% premarket โ€” Samsung sell-the-news drags chip stocks lower

Micron Technology (MU) is sliding 3.4% in Thursday premarket as Samsung's blowout Q2 preliminary results triggered a classic sell-the-news reaction across memory chip stocks. Traders who loaded up ahead of Samsung's numbers are taking profits โ€” and MU is catching the fallout despite a consensus Buy rating and analyst average targets above $1,500. The broader semiconductor space is under pressure after a massive recent run-up. Not financial advice. Is this a dip worth buying or do chips need a deeper reset first?

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