{ }
Symbol AMZN
Name Amazon.com, Inc.
Currency USD
Sector Consumer Discretionary
IndustryGroup Retailing
Industry Internet & Direct Marketing Retail
Market NASDAQ Global Select
Country United States
State WA
City Seattle
Zipcode 98109-5210
Website http://www.amazon.com
Next week, major companies including Alphabet, Meta, Apple, Microsoft, and Amazon will report earnings, prompting Jim Cramer to advise investors to remain cautious and analyze results before making decisions. He highlighted the significance of the upcoming nonfarm payroll report, which could influence Federal Reserve rate cuts. Cramer anticipates strong performances from firms like Royal Caribbean, PayPal, and Eli Lilly, while expressing uncertainty about Microsoft’s AI tool and the impact of McDonald’s E. coli outbreak on its earnings.
This week, from October 28 to November 1, several publicly traded companies are set to release their quarterly earnings reports. Notable earnings include Acadia Realty Trust and Bank of Hawaii on Monday, American Tower and Comcast on Tuesday, and Altria and Bristol Myers Squibb on Thursday. The earnings calendar is regularly updated to reflect any changes.
Global markets are poised for volatility as major tech companies, including Alphabet, Amazon, Apple, Meta, and Microsoft, prepare to announce earnings amid shifting economic data and currency fluctuations. The easing of yields has provided some relief to equities, while concerns over a potential second Trump presidency are strengthening the dollar and Treasury yields. As Europe faces regional challenges and the US navigates political and economic changes, investors are bracing for a turbulent market landscape ahead.
IG
Wall Street is poised for its first loss in seven weeks, influenced by rising US Treasury yields and profit-taking in major tech stocks ahead of earnings reports. Key events this week include the US Q3 GDP estimate, Eurozone's flash GDP, and Australia's CPI, with market expectations leaning towards cautious economic indicators amid upcoming US elections. The Bank of Japan is expected to maintain its interest rates, while the US non-farm payroll report will be closely watched for insights into labor market resilience.
IG
U.S. markets showed mixed results, with the S&P 500 and Nasdaq rising due to a 21.9% surge in Tesla shares after positive earnings and growth projections, while the Dow fell, impacted by Boeing and IBM. Asia-Pacific stocks mostly rose, though Japan's Nikkei slipped as inflation hit a six-month low. Major airlines are cutting flights to China amid rising costs and lower demand, while analysts predict a decline in Chinese steel exports due to new tariffs starting in 2025.
European stock markets are poised for a lower open, concluding a negative week as earnings season unfolds. Mercedes reported a 64% drop in operating profit due to tough market conditions, while Remy Cointreau cut its sales outlook amid challenges in the U.S. and Asia-Pacific. In Asia, markets were mixed, with Japan's indexes declining ahead of an election and a key monetary policy meeting.
US equity markets are set for their first losing week in seven, driven by profit-taking ahead of major tech earnings and rising national debt yields. The ASX 200 is also expected to close negatively, influenced by Wall Street losses. Key economic indicators, including the US GDP and job data, are due next week, alongside inflation reports from Australia and Europe.
IG
Asia-Pacific markets are poised for a lower open ahead of Japan's elections, while Tokyo sees a slowdown in inflation. Morgan Stanley highlights a transformation in the electricity sector, predicting significant benefits for power producers and utilities, with three stocks showing over 40% upside potential. Despite recent market volatility, UBS and Citi's wealth head express optimism for U.S. equities, anticipating a rally post-election as uncertainty diminishes. Meanwhile, initial unemployment claims fell to 227,000, although continuing claims rose to nearly 1.9 million, reflecting mixed impacts from recent hurricanes and strikes.
Itau BBA analysts have recommended shorting Amazon and Apple as they approach their earnings season. This strategy reflects concerns about the companies' performance in the upcoming financial reports.
AI's potential in enterprises is often unmet, with leaders seeking quick, impactful results from AI initiatives. Celonis has introduced tools that integrate process intelligence into AI agents, enabling organizations to tailor solutions to their specific needs and improve operational efficiency. Early adopters report significant benefits, including enhanced order processing and better inventory management, highlighting the value of AI powered by process data.

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