Sentiment: Positive
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📈 Amazon shines after Q3 results! 🚀
Shares of Amazon $AMZN were up more than 6 % after the giant posted third-quarter results that beat Wall Street expectations .
The company reported earnings per share $1.43 on revenue USD 158.9 billion - while analysts had estimated a profit 1.16 USD per share and earnings 157.29 billion. 📊 This success clearly demonstrates a strong financial...
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🗓️Klíčové events of the week! 🌟
This week will be the most important week of the whole results season for me, since there are so many results and events, I'm just attaching my list of the most important news:
❌Monday
Prague Stock Exchange closed due to a public holiday
Results:
Before the markets open: ON Semi $ON
After markets close: Ford $F
📊Tuesday
US Consumer Confidence
JOLTS - Job...
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It's going to be very interesting from tonight through Thursday, so I'll definitely be watching.
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Shares of $AMZN
Amazon.com Inc. is a global leader in e-commerce, cloud computing, digital streaming and artificial intelligence. Founded by Jeff Bezos in 1994, the company began as an online bookstore. It has since expanded into a wide range of products and services, including Amazon Web Services (AWS), a major player in the cloud computing market. The company also makes...
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Great company and one of the best in the industry, but I've never really cared much for their stock. If the price were to drop, though, I'd be more interested in Amazon
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🌟 Companies whose shares are worth holding forever! 📈💼Amazon $AMZN
Amazon is now synonymous with online shopping and cloud services, but its success isn't just in these areas. 🛍️💻 Amazon prides itself on constantly improving the customer experience, which leads to loyalty millions of membersPrime customers. This loyalty is reflected not only in repeat purchases, but also in...
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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?
A great company that still has great potential. Somehow I haven't followed Amazon much. Maybe I feel like they aren't particularly different or better at something.