amazon share price

Summary:

  • Amazon causes poor investor sentiment.
  • Apple shocks the market.
  • Musk going after Coca-Cola next??

Amazon (AMZN) stock prices show improving investor confidence despite disappointing revenue forecasts.

During post market trading yesterday, the AMZN share price fell by almost 10%. This fall comes after the tech giant made its earnings announcement, this was because the earnings missed investor forecasts. The slightly disappointing revenue in Q1 of Amazon came as a result, amongst other things, of a decrease in consumer spending online and a return to in-person-activities.

Amazon attributed its disappointing earnings to the current adverse economic conditions partly coming from the Russia-Ukraine conflict and partly from the issues around supply chains. Their earnings increase is 37% lower (Q1 2022: 7%, Q1 2021: 44%) than this time last year and their EPS has fallen by 0.84 cents for the same time period.

AMZN Share Price Chart

AMZN Share Price Chart


Read next: (APPL) Apple Earnings an

Bitcoin – Massive Support

Paying In Crypto On (AMZN) Amazon!? CEO Speaks His Mind! Bitcoin (BTC) And Ether (ETH) Have Gone Down Over Last 24 Hours!

Alex Kuptsikevich Alex Kuptsikevich 15.04.2022 08:33
Bitcoin was down 3.4% on Thursday, ending the day near $39.9K, although it managed to bounce back above $40.1K by Friday morning, cutting the intraday decline to 2.8%. Ethereum has lost 2.5% in the last 24 hours, and other leading altcoins from the top ten are predominantly declining, from -1% (BNB) to -7.3% (Terra). The exception was XRP, which added 5.4% during this time. BTC can develop a reversalAccording to CoinMarketCap, the total capitalization of the crypto market decreased by 2.8% per day, to $1.87 trillion. The Bitcoin dominance index fell by 0.3% to 40.7%. By Friday, the cryptocurrency fear and greed index returned to the extreme fear territory, losing 6 points to 22. US stocks failed to build on the offensive, losing all of the previous day's gains, leading to a stronger selloff for bitcoin compared to alternative cryptocurrencies. From the technical side, Bitcoin is trading near the support level, which runs through the lows of January, February and March. A formal signal to break the support will be considered a failure under the previous lows in the $38K area. The ability to develop a reversal to the offensive from these levels, on the contrary, will reinforce the importance of this moderate uptrend line. Crypto newsThe head of Ripple noted that the court with the SEC is going “much better than expected,” which provoked a wave of XRP growth, allowing the coin to resist gravity. BlackRock CEO Larry Fink said that the largest asset management company continues to study the cryptocurrency sector. Amazon CEO Andy Jassy said that the company has no plans to introduce payments in cryptocurrency in the near future, although it is exploring the possibilities of digital assets. At the same time, he looks to the future of cryptocurrencies and NFTs with interest and optimism. The Bank of Canada is exploring scenarios for the coexistence of digital and fiat currencies, the first regulator to decide to use quantum computing for this study. Bank of Japan chief executive Shinichi Uchida said the upcoming digital yen will not be used to achieve a negative interest rate. The second stage of the launch of the digital yen started on March 24th this year.
Riksbank set to hike 50bp in a bid to get ahead of the ECB

(APPL) Apple Earnings and (AMZN) Amazon Earnings Are Due To Be Announced! What To Expect?

Rebecca Duthie Rebecca Duthie 28.04.2022 11:38
Summary: Apple stock prices are facing pressure amidst lockdown in China causing concerns over supply. Amazon stock prices are being heavily affected by current market sentiment. Apple stock prices are declining despite investor confidence in their Q1 earnings announcements. In general market sentiment is showing bearish signals, but this negative sentiment is lying heavily on BigTech stocks, this sentiment runs so deep that buying BigTech stocks almost makes sense. According to some analysts, the sentiment on tech stocks is so bad at the moment that there has to be an end in sight coming soon. After the market close today, we can expect Apple (APPL) to announce their earnings reports. After the market close today, we can expect Apple (APPL) to announce their earnings reports. The Apple stocks have been falling drastically over the past week inlight of uncertainty around the lockdowns in China and how they will affect the second quarter's earnings. However, investors do expect the earnings from Apple’s first quarter to be favourable. APPL Stock Price Chart Read next: Zuckerberg Didn't Shock Market! Meta Platforms Inc. (FB) Q1 Earnings Announcement Expected Whilst GlaxoSmithKline (GSK) Delivers Favorable Figures  Amazon (AMZN) earnings report due later today. There is a lot of weight that has been riding on the tech companies earnings announcements this week, with amazon due to make their earnings announcements later today along with Apple, the market sentiment is bearish. Even if all the Q1 earnings announcements from the BigTech companies were favourable (which has not been the case), the market would still struggle to recover from the current negative sentiment. Over the past week the price of Amazon's stock has been falling over the past week inlight of the negative market sentiment. With the employees from one of the warehouses of Amazon lobbying to unionise, increasing prices and supply problems could be indications of potential earnings struggles for this tech giant. Amazon.com Price Chart Read next: (MSFT) Microsoft and (GOOGL) Alphabet's (Google) Earnings Announcements Due Later Today  Sources: finance.yahoo.com, barrons.com, fastcompany.com
The Trade Off - 31/03/22

Amazon (AMZN) And Apple (APPL) Post Earnings Announcement Performance. Elon Musk Moves On To Coca-Cola!?

Rebecca Duthie Rebecca Duthie 29.04.2022 10:44
Summary: Amazon causes poor investor sentiment. Apple shocks the market. Musk going after Coca-Cola next?? Amazon (AMZN) stock prices show improving investor confidence despite disappointing revenue forecasts. During post market trading yesterday, the AMZN share price fell by almost 10%. This fall comes after the tech giant made its earnings announcement, this was because the earnings missed investor forecasts. The slightly disappointing revenue in Q1 of Amazon came as a result, amongst other things, of a decrease in consumer spending online and a return to in-person-activities. Amazon attributed its disappointing earnings to the current adverse economic conditions partly coming from the Russia-Ukraine conflict and partly from the issues around supply chains. Their earnings increase is 37% lower (Q1 2022: 7%, Q1 2021: 44%) than this time last year and their EPS has fallen by 0.84 cents for the same time period. AMZN Share Price Chart Read next: (APPL) Apple Earnings and (AMZN) Amazon Earnings Are Due To Be Announced! What To Expect?  Apple earnings announcement left investors feeling bullish Apple share prices increase inlight of favorable earnings reported by the tech giant. The earnings reported were better than the market expected. Although the Q1 earnings for Apple are causing the share price to increase, concerns still remain around the future supply chains of this tech giant, they can be heavily impacted by China’s “zero-covid” policy and its lockdowns. APPL Share Price Chart Elon Musk targeting Coca-Cola next? On Wednesday night Elon Musk posted a tweet on his platform suggesting or joking about acquiring the Coca-Cola company, this comes after his offer to buy Twitter (TWTR) was approved by the board. Musks tweet was as follows “Next I’m buying Coca-Cola to put the cocaine back in”. Although many of the world’s richest man's followers saw the tweet as a joke, there was a time when people thought his quest for TWTR was a joke too. The tweet caused Coca-Cola’s share price to drop hugely, the price has since recovered, but what does the future hold for this beverage giant ? KO Share Price Chart Read next: Zuckerberg Didn't Shock Market! Meta Platforms Inc. (FB) Q1 Earnings Announcement Expected Whilst GlaxoSmithKline (GSK) Delivers Favorable Figures  Sources: dailyfx.com, Finance.yahoo.com