News
AMZN
182.50
+1.47%
2.65
S&P 500 Earnings: Capex Is Not Earnings; Tech Revisions Still Positive
S&P 500 earnings are expected to be positive for the tech sector next week. Microsoft and Intel will be the big movers for the sector. Microsoft reports on Tuesday night, July 30th, while Amazon and Meta also report. The tech sector is expected to see positive earnings revisions for the quarter.
Seeking Alpha · 2h ago
Mag 7 Earnings Loom: A Closer Look
NASDAQ · 3h ago
Breaking Down Magnificent 7 Earnings
NASDAQ · 3h ago
Warner Bros. Discovery sues NBA over game rights
Warner Bros. Discovery's filed a lawsuit against the NBA. The NBA rejected the media giant's matching offer to maintain the rights to broadcast and stream games after next season. Sportsimpacts CEO Patrick Rishe says the NBA recognizes streaming is the future of the sport. He joins Asking for a Trend to discuss the news.
Forward News · 4h ago
BofA: Magnificent Seven a Jobs Report Away from Major Drop
TipRanks · 4h ago
What You Need to Know Ahead of Amazon Earnings Thursday
Amazon reports earnings after the bell Thursday. Analysts expect total revenue to rise 11% from the second quarter last year to $148.68 billion. The tech and online retail giant will report third-quarter earnings. Amazon's Prime Day sales are expected to be a key factor in the company's results.
Forward News · 5h ago
US STOCKS-Wall St closes up on revival supported by inflation data, tech stocks
Wall St closes up on revival supported by inflation data, tech stocks PCE inflation rises moderately in June Russell 2000, S&P Small Cap 600 gain for fourth day in five Deckers, Baker Hughes, Norfolk Southern climb after results. The Dow Jones Industrial Average ends positive for the week. Inflation data boosted optimism that the Fed will soon start cutting interest rates.
Reuters · 5h ago
Amazon.com Inc. stock outperforms competitors on strong trading day
MarketWatch · 5h ago
US STOCKS-Wall St ends higher on revival supported by inflation data, tech
Major U.S. Indexes close higher on Friday. Dow Jones Industrial Average, S&P 500 and Nasdaq Composite all rise for the week. Investors flock back to tech megacaps after recent sell-offs. Inflation data boosted optimism that interest rate cuts will soon begin.
Reuters · 6h ago
Amazon Q2 Earnings Preview: Analyst Expects Strong Growth In Sales, Cloud Services, But Cautious On Q3 Profit Guidance
BofA Securities’ Justin Post forecasts Amazon’s Q2 revenues to hit $149 billion. The e-commerce giant is set to announce its Q2 earnings on Thursday. Post has a $220 price target for Amazon with a potential 22.3% upside.
Benzinga · 6h ago
Consumer Spending and Income Rise Modestly Amid Cooling Inflation
NASDAQ · 6h ago
Apple, Microsoft, Meta Set to Report During Busy Week for Earnings
The Wall Street Journal · 6h ago
Market Chatter: Amazon Faces 2nd Probe by Tax Authorities in Italy
Forward News · 7h ago
Catalyst Watch: Tech blitz with Apple, Amazon, Microsoft, and Meta on tap for earnings
Seeking Alpha's Catalyst Watch looks at next week's key events. Options trading volume is elevated on Container Store and Allbirds ahead of their earnings reports. McDonald's, Microsoft, and Boeing among companies due to report on July 29 and 30. Mark Zuckerberg will speak at the SIGGRAPH Conference in Denver.
Seeking Alpha · 7h ago
Warner Bros. Discovery sues NBA over 'unjustified rejection' of matching media rights bid
Warner Bros. Discovery filed a lawsuit against the NBA on Friday. The company says the league rejected its matching rights proposal earlier in the week. The NBA approved a media rights package earlier this week that excluded WBD. The league has been airing NBA games through its network TNT since 1989.
Forward News · 7h ago
US STOCKS-Dow leads Wall St revival on inflation data, tech stocks rebound
Dow leads Wall St revival on inflation data, tech stocks rebound PCE inflation rises moderately in June Russell 2000 hits one-week high Deckers, Baker Hughes climb after results Dexcom slips after cutting revenue forecast Indexes up: Dow 1.73%, S&P 1.24%, Nasdaq 1.07%. In-line inflation data supports bets that the Fed will cut interest rates in September.
Reuters · 7h ago
What to Watch in the Week Ahead and on Monday, July 29
McDonald's expected to post smaller growth in second-quarter revenue as customers cut back on dining out. Four of the Magnificent Seven companies are reporting in the week. The U.S. Federal Reserve is expected to hold interest rates steady on Wednesday. The employment report and the manufacturing data will dominate the week's economic calendar.
Reuters · 7h ago
Amazon Faces Dual Investigations In Italy For Alleged Tax Evasion, Labor Violations
Amazon.com, Inc. Has been investigated twice this week for suspected tax evasion in Italy. Italy's tax police seized about 121 million euros from Amazon Italia Transport in Milan as part of an investigation into alleged tax fraud and illegal labor practices. The company has been accused of dodging tax and labor laws in the country.
Benzinga · 8h ago
Bears see Mag 7's S&P dominance as 'one bad payroll away from cracking': Bank of America
Bears see Mag 7's S&P dominance as 'one bad payroll away from cracking': Bank of America. The Magnificent 7 mega-cap tech stocks could rupture from a slowdown in U.S. Economic activity. The Nasdaq-100 and other tech-stock gauges have veered lower this month.
Seeking Alpha · 8h ago
Warner Bros. Discovery sues NBA after league hands telecast rights to Amazon
Seeking Alpha · 8h ago
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About AMZN
Amazon.com, Inc. provides a range of products and services to customers. The products offered through its stores include merchandise and content it has purchased for resale and products offered by third-party sellers. The Company’s segments include North America, International and Amazon Web Services (AWS). It serves consumers through its online and physical stores and focuses on selection, price, and convenience. Customers access its offerings through its Websites, mobile apps, Alexa, devices, streaming, and physically visiting its stores. It manufactures and sells electronic devices, including Kindle, Fire tablet, Fire TV, Echo, Ring, Blink, and eero, and it develops and produces media content. It serves developers and enterprises of all sizes, including start-ups, government agencies, and academic institutions, through AWS, which offers a broad set of on-demand technology services, including compute, storage, database, analytics, and machine learning, and other services.