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The world's largest retailer, Amazon.com (AMZN - Free Report) was selling off 3% immediately following its Q2 earnings report after the bell Thursday, missing its EPS estimates badly: 40 cents per share compared to $1.40 expected. Revenues outperformed, bringing in $38.00 billion as opposed to the $37.21 billion expected, and up 25% year over year. Of course, CEO Jeff Bezos -- the newly minted "richest person in the world" -- does not care about Amazon's bottom line; growing revenues and taking market share remain key.

Operating income missed expectations of $1.1 billion, taking in $916 million instead. Amazon Web Services (AWS), a main growth segment of the company, reported an in-line $4.1 billion in revenues, but less profitable than in recent quarters. Revenue guidance, however, was raised considerably from $35.25-37.75 billion to $39.25-41.75 billion. Operating cash flow rose 37% in the quarter to $17.9 billion.

Let's not forget the $13.7 billion buyout of Whole Foods Market, although the deal is not expected to formally close until the second half of the year. Otherwise, its Prime Day again outperformed expectations as well as both Black Friday and Cyber Monday. Shares of AMZN have become a bit more buoyant since the impact of the earnings numbers first hit, and are now down roughly 2% in late trading.

For more info on AMZN's earnings, click here.

Starbucks (SBUX - Free Report) saw a big pop in its share price immediately upon its fiscal Q3 earnings report, which saw a meet of 55 cents per share -- the fourth exact meet in the company's last 5 quarters -- on a sales miss of $5.66 billion in the quarter. Analysts had been looking for $5.74 billion. The company also reported its fourth straight miss of same-store sales, though U.S. comps were better than expected at +5%.

For Starbucks, the future is in China, and although it's not an easy road to hoe, it is clearly where new CEO Kevin Johnson feels the future of Starbucks is. Global comps sales missed estimates, but more details regarding Starbucks' China expansion -- including the buyout of the remaining 50% stake in its East China JV -- are expected on the upcoming conference call, including company guidance.

For more info on SBUX's earnings, click here.

Intel Corporation (INTC - Free Report) posted relatively impressive numbers for its Q2 earnings following the market close, beating the Zacks consensus by 4 cents to 72 cents per share. Sales in the quarter of $14.76 outperformed the $14.41 billion expected, which itself already represented year over year growth of roughly 6.5%. All its main segments were up in Q2, and Intel also raised its fiscal 2017 revenue guidance to around $61.3 billion. Shares blossomed 3% in late trading. following the release.



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