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Amazon Jumps On Solid AWS Growth And Profit, Even As Outlook Disappoints And Free Cash Flow Turns Negative

Amazon Jumps On Solid AWS Growth And Profit, Even As Outlook Disappoints And Free Cash Flow Turns Negative As Bloomberg notes, "Microsoft’s solid earnings breathed new life into the tech sector Thursday, but Amazon’s report after the bell this evening could deflate the optimism again." To be sure, there’s a lot riding on Amazon results. The longevity of the AI spending boom is in doubt as shareholders punish ambitious capex plans, which has taken away some of the support away from the chipmaker stocks.  Before Microsoft’s earnings, the Philadelphia Semiconductor Index...
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May 13, 2026 / Tyler Durden
Gunfire Erupts Inside Philippine Senate As Former 'Drug War' Enforcer Evades International Arrest Warrant
Gunfire Erupts Inside Philippine Senate As Former 'Drug War' Enforcer Evades International Arrest Warrant At least a dozen gunshots rang out inside the Philippine Senate building in Manila earlier on Wednesday as police and marines moved to arrest Senator Ronald "Bato" Dela Rosa on an International Criminal Court warrant for alleged crimes against humanity linked to former President Rodrigo Duterte's brutal war on drugs, a campaign that left more than 6,000 suspected drug dealers dead in operations. Reuters reports that it is unclear who fired the burst of shots inside the...
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Apr 6, 2026 / Tyler Durden
Murder And Mayhem: A Look At ICE's 'Worst Of The Worst' Arrests
Murder And Mayhem: A Look At ICE's 'Worst Of The Worst' Arrests Authored by Darlene McCormick Sanchez and Savannah Hulsey Pointer via The Epoch Times, The Trump administration’s immigration enforcement efforts this term have focused on illegal immigrants with criminal histories. Immigration and Customs Enforcement (ICE) made about 379,000 arrests from Jan. 20, 2025, through Jan. 20, 2026, and the administration has maintained that the majority involved those with criminal arrests or convictions. Tricia McLaughlin, former assistant secretary for public affairs at the Department of Homeland Security (DHS), said last year that 70 percent...
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Mar 10, 2026 / Tyler Durden
US Existing Home Sales Bounced In February As Mortgage Rates Tumbled
US Existing Home Sales Bounced In February As Mortgage Rates Tumbled Despite tumbling mortgage rates, existing home sales plunged (the most since COVID) in January, with some blaming 'below-normal temperatures' despite The West suffering the biggest declines (and unaffected by the winter storms). Consensus was for a modest 0.8% MoM decline in February (again despite an ongoing drop in mortgage rates) but sales actually surprised to the upside, rising 1.7% MoM. Perhaps even more notably, January's 8.4% MoM plunge was revised up to a slightly less crazy 5.9% MoM drop... Source: Bloomberg With...
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