Amazon said in its earnings report for the fourth quarter of 2020 that AWS CEO Andy Jassy will replace Jeff Bezos as CEO in the third quarter of this year.
The company reported fourth-quarter earnings that surpassed analysts' expectations and showed a strong return to growth in its core advertising business.
Pfizer also raised its full-year earnings guidance to between $3.10 to $3.20 from $3 to $3.10, citing "additional refinements" of its vaccine revenue forecast.
UPS revenue jumped 21% to $24.9 billion during the fourth quarter. CEO Carol Tome said the results were "strong and considerably better than we expected."
While the introduction of Xbox consoles in the quarter brought down Microsoft's operating margin, server and cloud growth made the decline better than expected.