Apple (AAPL) and Facebook (FB) delivered some welcome earnings surprises after the close Wednesday. Apple shares were surging in the pre-market after the company came in well ahead of Wall Street expectations on strong iPhone sales. iPad sales were
Investors are always looking for stocks that are poised to beat at earnings season and Amazon.com Inc. (AMZN – Analyst Report) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.
Amazon (AMZN) also reported earnings after the close. Earnings per share matched analysts' estimates of $0.23. Revenue was up 23% year over year and slightly better than expected. Amazon's CFO said the revenue growth was driven by new customers
Well that didn't take long for now USDJPY 102 is the US equity market's best friend. Only the S&P 500 is green for the week now as Nasdaq's gains from AAPL/FB are wiped away by the 10% plunge in AMZN.
Amazon.com Inc (NASDAQ:AMZN) [at Forbes] – Has Wall Street finally called bull-you—know-what on Amazon.com? Few things in finance feel worse than getting run over by a momentum train. The price makes no sense to