Two Seattle companies -- Amazon and Microsoft (I have no financial interest in their securities) -- are vying for the position as the world's most valuable company. Meanwhile Amazon is expected to post 19% revenue and 51% earnings per share growth later today -- its shares trade up 1.8% in pre-market. Specifically, analysts expect Amazon to report 19% revenues growth to $71.89 billion and 51% EPS growth to $5.65, according to FactSet. AWS is expected to report revenue of $7.3 billion, according to analysts surveyed by FactSet, up 43% from the $5.1 billion AWS reported last year. If history is any guide, Amazon will miss analysts' expectations for the quarter and its shares will be worth less than Microsoft's by the end of the day.

Source: Forbes January 31, 2019 13:41 UTC