$Amazon(AMZN.US) will report earnings after market close next Thursday. Today Microsoft$Microsoft(MSFT.US) released earnings, and the after-hours drop was a bit exaggerated, with a maximum drop of 8 points. The earnings report was actually quite good without major issues, but market expectations for cloud growth were even higher. 😂

Currently, market expectations for AWS growth are at 21%, and the final result may exceed expectations to reach 22% or 23% (just my wild guess). Anthorpic's annual revenue indeed exceeded expectations, which will have a positive impact on AWS growth. So I'm optimistic about Amazon's earnings next week.

Haven't made many moves recently, neither adding nor reducing positions. But the overall beta of the portfolio is relatively high, planning to reduce some next week.