Was expecting Amazon stock to go up today.
I was expecting Amazon stock to go up and hit atleast 1880 today after the announcement of earnings. But it didn’t happen and closed at 1817. Am I missing something? Tc 250K
Missed revenue, beat profit, neutral guidance. What else would you expect?
Lol looks who’s talking ;) sweet burn
It wasn't a burn? You asked what causes stock to jumo on earnings and I am explaining that it is guidance not actual performance. Stock valuations are forward looking so even if amzn had beat both revenue and profit the guidance would have kept the price flat. I am a very large amzn shareholder, I'd love it to continue to appreciate.
Tech sector weighed down. Wait a week - analyst upgrades happens
It hit a high of $1880. Results were good, so should continue its climb to $2k. Soon the day will come when Amazon will be the first company to reach trillion.
This guy sips the kool aid.
This guy f*cks
F N wont move much..may move down. Amzn's qtr already priced in at $1800 $1900. Google is the undervalued one among these. Tech sector excluding some semis are set for a pullback.
And Microsoft?
Microsoft will hit 1t just won't be the first to do it
Amzn missed the revenue estimates by few points. And earning estimates doesn't matter for Amazon stock. Hence no significant change in price.
It was a marketwide problem. Amazon hit a new high but the whole market finished down. It'll pop next week
They needed only 16% jump to reach $1 trillion. That’s some resistance there. Unless they got incredible earnings, they were not getting there immediately earnings. Frankly, they missed on revenue, so meh... And Amazon fell after last earnings too.
Any analysis from Walmart about AMZN has to be taken with a block (not grain) of salt
Markets are irrational?