Good morning, Austin, and Happy Friday! Here's the most buzzed-about tech news from the last 24 hours:
Amazon's stock plummets after missing earnings target
Web retailer Amazon watched its stock sink in after-hours trading on Thursday after it reported profit that was lower than many Wall Street analysts were expecting.
The company reported profit of $252 million, or 52 cents a share, versus the 78 cents per share that analysts were expecting.
Nevertheless, it was good quarter for Amazon, with profit essentially growing three times from the same quarter a year ago and sales up by 27 percent.
Everyone is talking about the new MacBook Pros
The reviews are starting to roll in for the newly-unveiled MacBook Pros from Apple. It costs between $1,499 and $2,399 and is the first major refresh of a MacBook in four years.
The most talked-about feature of course is the Touch Bar. Apple has removed the top row of the keyboard that normally has those F1 through F12 buttons and put in a small touch screen for options like selecting apps and emojis.
For a good preview of the laptop, check out The Verge's review.
Google's profit surged in third quarter
Google's parent company Alphabet reported a 27 percent increase in profit on Thursday, fueled by people spending more time on smartphones and advertisers spending more money to try to reach them there, according to the Wall Street Journal.
Alphabet said clicks on Google ads rose 33 percent in the quarter from the year-ago quarter, the fastest increase in four years.
For the quarter, Alphabet reported net income, or profit, of $5 billion, an increase of over a billion from the same quarter a year ago. Its revenue rose 20 percent to $22.45 billion.
Lots of local companies also reported earnings this week
Advanced Micro Devices also reported earnings last week.
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