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Nvidia (NVDA) 3Q Earnings & Amazon (AMZN) Severance Offer

Schwab Network

English - November 17, 2022 19:04 - 4 minutes - 68.2 MB - ★★★★★ - 23 ratings
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Amazon (AMZN) confirmed that job cuts are coming to devices and corporate roles. Renita Young and Oliver Renick discuss these Amazon cuts. They talk about how Amazon sent out "voluntary severance" offers to some employees. They also go over how Nvidia's (NVDA) 3Q revenue came in at $5.93B versus an estimated $5.81B. Additionally, Nvidia's 3Q data center revenue came in at $3.83B which is up 31% year-over-year. Tune in to find out more about the stock market today.