Jim Cramer Says the Nasdaq Is Trying to Make a Stand Friday
Stocks were lower in intraday trading on Friday following earnings from Amazon (AMZN) - Get Amazon.com Inc. Report, Twitter (TWTR) - Get Twitter Inc. Report, and Chevron (CVX) - Get Chevron Corporation Report.
Amazon reported first-quarter earnings that easily topped estimates thanks in part to a surge in revenue from its web services division. Revenue jumped 44% from last year to $108.5 billion, topping analysts estimates of $104.55 billion.
And Twitter fell short on expectations for user growth and issued a lukewarm forecast.
Recap TheStreet Live: Everything Jim Cramer Is Watching Friday