Amazon

AMZN | NASDAQ | 3183 Followers
$269.58 -1.14% -$3.10
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Amazon Second Quarter Results and Market Reaction

- Stock Decline:

- Shares of Amazon $AMZN fell 6% after reporting disappointing second-quarter earnings that missed expectations by $0.58 billion.

- Amazon Web Services (AWS):

- AWS slightly beat expectations with revenue of $26.3 billion.

- Advertising Revenue:

- Advertising revenue fell short of expectations, contributing to...
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The reaction was probably proportional to what the results were, but today the negative reaction is doubling :) It's not an open market yet, but still.
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🌐 Amazon announced results yesterday and the stock is experiencing a decent drop!

📉 Stock drops by more than 12 % after the earnings release shows how sensitive the market is to the performance of big tech companies. Amazon $AMZN beat earnings per share expectations in the second quarter ($1.26 vs. $1.04 estimate), but revenue of$148 billion fell short of analysts' forecasts.

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The decline was really decent during the session. Eventually, however, the price got at least a little higher and ended the week with an absolutely luxurious pin bar on the daily chart. Could this be a buying opportunity?
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🗓️Přehled of this week's events you shouldn't miss!

Hey investors here's another round-up of highlights for the week ahead. In my opinion, this week will be one of the most interesting earnings weeks.

Monday: Earnings: Before the markets open ONSemi $ON, a semiconductor company that currently has a major partnership with Volkswagen, will report earnings . We'll alsoget results...
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Thanks for the overview. There's a lot of results out there and it's going to be a busy week overall. I'm currently on vacation, but I'll at least try to follow it a bit😁
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🌟 Amazon introduces the next generation Graviton4 chip! 🌟

Amazon Web Services has just launched the fourth generation of its processor Graviton. This new chip brings tremendous improvements in performance and efficiency.

According to the director of product management for computing and artificial intelligence atAmazon, the new Graviton4 provides three times the computing power...
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Another cool move. It will definitely help the company a lot.
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