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- Oct 31 Amazon rocks the NASDAQ and lifts all boats
Market
“Amazon absolutely blasted past earnings and revenue estimates growing AWS 20% YoY, compared to 18.1% expectations. The profit and EPS picture brightened as well” 😊 😋
All indices moved higher with great earnings from many companies.
This earnings is still among the best we are see this year so far. Q2 was terrific, but Q3 is even surpassing the best and high estimates for big tech as well as for banks and other companies. Except Retail (restaurants and some sporadic consumer companies) the end of the year is proving to be a good one with US GDP and economy still on good footing. Stock splits from $NFLX ( ▲ 2.74% ) and $NOW ( ▼ 1.65% ) also were good news.
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Video of the day
Today’s video is on Amazon $AMZN ( ▲ 9.58% ) the leading cloud and ecommerce company.
