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.
Chief executive Leslie Moonves said Thursday during a conference call that All Access and Showtime OTT have more than 2 million subscribers between them.
NextEra Energy Inc. has agreed to buy Energy Future Holdings Corp.'s Oncor Electric Delivery Co. LLC utility in Texas in a deal valued at about $18.4 billion.