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Amazon's $77 billion quarter, BP's record profit, and a $6.3 billion hack | The 8:30

Writer: Al Root
Al Root
3 days ago
1 min read

Julie Hyman opens on what she calls a perfect storm: Amazon and Intel disappointing, oil pushing higher on the war, and overnight the largest cryptocurrency theft on record. Amazon spent $77 billion in a single quarter and still missed on revenue. Intel beat on earnings and then guided low. SanDisk beat on both lines and fell anyway. Then the Binance heist, about $6.3 billion gone, with Owen Lau of Clear Street on what it means for an industry that keeps surviving these. Energy closes the hour, with BP nearly quadrupling its profit on refining margins.






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