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Amazon.com was primed to join Apple at $1 trillion in market cap — now it’s worth less than MicrosoftIt’s an all-Seattle battle to become the second most valuable company in the world — and potentially achieve a $1 trillion market valuation — with Microsoft overtaking Amazon.com on Friday.
Source: MarketWatch - 🏆 3. / 97 Read more »
Amazon is expected to report its fourth straight quarter of over $1 billion in profitsAmazon reports its third-quarter earnings on Thursday after the bell. Jeff I would know that laugh anywhere.......................................................... Laughing to the bank, against all shorts! if this doesn't provide the market a decent bounce, we are in trouble
Source: CNBC - 🏆 12. / 72 Read more »
Analyst sees Amazon stock going from a bear market to beyond its record $1 trillion valuationAmazon is 'becoming a profit machine' and the stock will reach $2,300 by the end of the year, Loop Capital Markets' Anthony Chukumba says. He is probably long on Amazon And mostly off the backs of cheap chinese labor and working Americans to death, and for what? More cheap crap no one needs!
Source: CNBC - 🏆 12. / 72 Read more »