Amazon narrowly beats on the top and bottom line but forward guidance disappoints- Nasdaq 100 futures fall

The Q1 earnings report from Amazon (AMZN) has just hit the wires. The US tech and retail giant has slightly beaten the street on both the top and the bottom line, but not by a huge amount and the Q2 guidance is a little lower. The share price was higher by just over 3% on of the close. The reaction after this report has seen it fall in the grey market after the close. The stock is now lower by almost 5%. That has pushed the Nasdaq 100 futures lower after it had closed a fraction below 19,700. The index future is now lower and currently priced to open below 19,700 tomorrow, currently around 19,675