Internet-focused exchange traded funds popped Friday as quarterly earnings from Amazon and Microsoft revealed that their cloud businesses are big and growing. Investors holding these ETFs have more to watch out for: IBD Leaderboard stocks LinkedIn (LNKD) and Twitter (TWTR) report this week. "Amazon Web Services is a $5 billion business and still growing fast -- in fact, it's accelerating," CEO Jeff Bezos said in Amazon's (AMZN) earnings release.
Monday 27 April 2015
Amazon, Microsoft Cloud Profits Send 3 ETFs Higher
Otmane El Rhazi from Investor's Business Daily - ETFs RSS.
Internet-focused exchange traded funds popped Friday as quarterly earnings from Amazon and Microsoft revealed that their cloud businesses are big and growing. Investors holding these ETFs have more to watch out for: IBD Leaderboard stocks LinkedIn (LNKD) and Twitter (TWTR) report this week. "Amazon Web Services is a $5 billion business and still growing fast -- in fact, it's accelerating," CEO Jeff Bezos said in Amazon's (AMZN) earnings release.
Internet-focused exchange traded funds popped Friday as quarterly earnings from Amazon and Microsoft revealed that their cloud businesses are big and growing. Investors holding these ETFs have more to watch out for: IBD Leaderboard stocks LinkedIn (LNKD) and Twitter (TWTR) report this week. "Amazon Web Services is a $5 billion business and still growing fast -- in fact, it's accelerating," CEO Jeff Bezos said in Amazon's (AMZN) earnings release.
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