Amazon $AMZN reported sales of $127.4 billion during Q2, meaning Amazon made a profit:

$42.5B each month

$9.8B each week

$1.4B every day

$58.3M every hour

$972K every minute

$16.2K every second

Crazy numbers huh? 😀

Overwhelmingly pleased with Amazon's $AMZN results. We're seeing growth in revenue (+11% yoy), earnings, earnings per share, the AWS segment (+12% yoy and that's not even properly reflecting the AI bet) and the advertising business is up 22%. Good old Amazon is back 🔥 In the aftermarket the stock jumped almost +9%.

Plus, Amazon said it expects its Q3 sales to grow 9% to 13%...
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Investors, which company's results surprised you the most this week and which company's results are you looking forward to next week?

I was certainly pleased with $GOOGL's results and surprised by $MMM's results as I was expecting much worse given the situation they are currently in. As for next week, I'm looking forward to and interested in the results of $PFE, $CVS, $SBUX, $AM...
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Comparison of the three largest cloud providers($AMZN, $MSFT, $GOOGL)

Amazon Web...
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What do you think is the most illogically priced company right now? For example, $AMZN has a P/E of 313 and it's hard to think it can grow in a way that makes sense... on speculation maybe. But do you have any other fim that is completely nonsensically overvalued given its intrinsic value and potential?

In case you were wondering why most stocks were green yesterday and $AAPL, $MSFT, $GOOG and $AMZN were down, here's why 👇

AI! The most talked about topic in the investment world lately. We had a crazy tech rally during covid. When the pandemic ended, inflation and interest rates rose and the tech. mega rally was extinguished.

Now we have a new rally!
ChatGPT has left investors feeling exuberant. And a new rally is in full swing as all sorts of future AI opportunities are priced in.
That's why I've...
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What do you think about the speculation about AMD $AMD and Amazon $AMZN? AMD has unveiled high-performance AI chips called MI300 and there is speculation that one of the biggest customers may be Amazon.

New at Verizon $VZ, they are looking for a CFO.

A company quite popular even...
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The 10 largest companies in the S&P 500:

1) Apple $AAPL - 7.4%

2) Microsoft $MSFT - 6.7%

3) Google $GOOG - 3.8%

4) Amazon $AMZN - 3.1%

5) NVDIA $NVDA - 2.6%

6) Berkshire Hathaway $BRK-B - 1.7%

7) Tesla $TSLA - 1.7%

8) META $META - 1.6%

9) Exxon Mobil $XOM - 1.3%

10) United Health Group $UNH - 1.3%

Or how Jim Cramer ruined our enjoyment of the stock markets... Time to short? 😂

Jim Cramer pointed out the top 7 stocks he thinks are guaranteed winners for this year - Apple $AAPL, Microsoft $MSFT, Nvidia $NVDA, Amazon $AMZN, Facebook $META, Tesla $TSLA, Google $GOOGL.

Amazon $AMZN will expand its mobile phone offerings for Prime members.

Apple $AAPL will offer high-yield savings accounts.

JP Morgan $JPM now controls more than 15% of US bank deposits.

Google $GOOG now controls more than 90% of global search traffic.

Meta $META just announced that it has 3 billion active users across all of its platforms.

A few companies now control almost...
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A brief assessment by Chief Strategist Dave Sekera at Morningstar.

I'm attaching...
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Amazon $AMZN in talks to offer free mobile service to Prime subscribers in the U.S.

This news immediately negatively impacted telecom stocks such as $TMUS, $VZ and $T.
According to YahooFinance, Amazon has been talking to wireless carriers about offering low-cost, or possibly free, nationwide mobile phone service to Prime subscribers. Negotiations have reportedly been ongoing for...
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Streaming services and finding the biggest players in the market.

Hello investors!

Today I'd like to hear your thoughts on which companies could have the biggest share of the streaming market. Video streaming has become an essential part of our lives, so it's important to keep an eye on how this area is evolving and which companies have the potential to grow and take the biggest...
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