Stock market live updates: Futures fall, Amazon drops 5%, sell in May?

Shares of Amazon fell 4.6% in premarket trading after the technology giant warned that it planned to spend all of itson dealing with the coronavirus pandemic. "If you're a shareowner in Amazon, you may want to take a seat, because we're not thinking small," Amazon CEO Jeff Bezos said in a press release announcing its first quarter results. The company did beat Wall Street estimates for revenue for its first quarter but missed on profits. Amazon rallied nearly 27%.

It was the third-biggest monthly gain for the S&P 500 since World War II. The Dow had its fourth-largest post-war monthly rally and its best month in 33 years. The S&P 500 rose 12.7% in April and the Dow gained 11.%. The Nasdaq Composite closed 15.5% higher for April, logging in its biggest one-month gain since June 2000. —U.S. equity futures fell on Friday and pointed to sharp losses at the open, dragged down by technology earnings.

I think he’s right. Oil demand always picks up 2 months into a recession with record unemployment and negative GDP growth.

buy innnnn septemberrrr....see you

The President is Bonkers and so is the entire administration! It’s a DAMN SHAME that you allow Kudlow to get away with his reckless comments. He’s invasive and lying and sounds like he’s under the influence.

To keep it real simple, demand for just about everything is off. The media wanted to paralyze the country, so blame them when there’s no demand for anything but drinking away the blues. The fear stoking will shut down the human spirit. No commerce, no effort, no nothing.

Can’t wait to top off the old Buick! Thanks Chevron!

Calling a bottom...must be a buy then. Dear Mr. Wirth I will remind you again in 12 months to see how is your bottom doing

Fucking sell it all

Why when you can't go away...

By the end of May you’ll wish you had already sold.

Stop creating panic in the market

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US stock futures rise after solid tech earnings, Facebook up 10%Futures contracts tied to the major U.S. stock indexes rose Wednesday evening after upbeat revenue results from both Facebook and Microsoft. We all need to break up w Facebook V Nobody knows what happens.
Source: CNBC - 🏆 12. / 72 Read more »

Stock market live updates: Dow drops 300, jobless claims top 30 million, best month since '74?U.S. equity futures were lower on Thursday as market participants digested strong technology earnings and another round of dismal jobless claims. BULLISH BRO, BAD NEWS = PUMP Hope this will end soon and life being back to normal Does this mean that people are saving 5.5% more of their income now? That has to at least be good news for personal finances.
Source: CNBC - 🏆 12. / 72 Read more »

Stock market live updates: Dow drops 200, Tesla jumps 3%, best month since 80sKellogg CEO Steve Cahillane discusses the consumer trends his company is seeing and the long-term impact of the coronavirus outbreak. It's fortified and lasts a long time. This morning has been very insightful into the supply chain. Kellogg's used to be a family business (good for America family tradition) so we are throwing all our cereal in the trash right now if they sold out to Mr CARINLANE
Source: CNBC - 🏆 12. / 72 Read more »

Stock market live Thursday: Dow drops nearly 300, best month since 1987, historic volatilityU.S. equities were lower on Thursday as strong technology earnings couldn't outweigh another round of dismal jobless claims. Yet somehow this house of cards market is still breathing because 2 iPhones were sold We'll be fine... The world loves diversity. No consumer spending, consumer confidence is down, unemployment is up, no travel, no leisure, debt is skyrocketing, people are dying, rent is not being paid, mortgages are in forbearance, real estate is crashing but somehow the Stock Market is at an all-time high.
Source: CNBC - 🏆 12. / 72 Read more »