Leigh Drogen, Estimize CEO, joined Yahoo Finance to break down Amazon and Apple earnings which both reported after the bell and discusses what's next for both of the tech giants.
Despite e-commerce firms Amazon and Walmart and others pouring billions of dollars into India, offline retail still commands more than 95% of all sales in the world’s second largest internet market. The giants have acknowledged the strong hold neighborhood stores (mom and pop shops) have in the country, and in recent quarters scrambled for ways to work with them. Mukesh Ambani, India’s richest man, has made the dynamics more interesting in the past year as he works to help these neighborhood stores sell online.
Big tech companies Apple, Amazon, Facebook, Twitter and Alphabet are all set to report earnings after the bell. TECHnalysis Research President and Chief Analyst Bob O'Donnell joins the On the Move panel to discuss.