Amazon.com's (AMZN - Analyst Report) second-quarter EPS of 1.78 was way ahead of the Zacks Consensus Estimate of $1.14. The North America and AWS segments were strong contributors to profits while investments in international continued.
Google parent Alphabet Inc. GOOGL 0.51 % said quarterly profit soared 24%, the second internet giant in two days to report blockbuster earnings driven by consumers' rapid shift to mobile devices.
Ride-hailing companies like Uber have finally become legal in China after attracting billions of dollars in investments and staging a battle to dominate the Chinese market.
CBS Corp., owner of the most-watched U.S. TV network, posted second-quarter results that beat analysts' estimates as licensing deals for “Star Trek” boosted revenue and countered a drop in ad sales.
A $2-billion profit for three months is nothing to sneeze at, but Ford executives are sounding as if they had been debriefed by a coal miner's canary chirping about how it's feeling a little light-headed underground.