Amazon's Q2 earnings will be window into consumer strength

) will be the latest Magnificent Seven tech name to report second quarter earnings after Thursday's market close. Citi analyst Ygal Arounian joins Wealth! to give insight into Amazon's

He continues with:"The consumer is not strong, but they but it doesn't seem to have gotten materially worse either. So, you know, we're kind of hanging in there. With inflation and pressure on wallets, people are spending where they have to... There's pockets of relative strength and weakness.

And then people are still spending on, on entertain and travel that that's kind of hung in there, uh, to a, a pretty good degree. I know that you're gonna be continuing to track some of these, uh, ecommerce earnings as they come out over the rest of this earnings season.A U.S. military Osprey aircraft crash off the coast of Japan in November that killed all eight crew members was caused by a failure in the gear box and the pilot's decision making contributed to it, an Air Force investigation released on Thursday said. The U.S.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Drop in Magnificent Seven could drag down U.S. stocks, top fund manager saysA senior executive at Morgan Stanley thinks U.S. stocks could drop by between 10% and 13% this year
La source: globeandmail - 🏆 5. / 92 Lire la suite »

Why the other 493 stocks in the S&P 500 may be about to shineThe S&P 500 has been on a tear, largely due to the 'Magnificent Seven' - Amazon (AMZN), Apple (AAPL), Alphabet (GOOG,GOOGL), Nvidia (NVDA), Meta (META...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

Mag. 7 rotation, earnings, Sahm Rule: Market TakeawaysThe so-called Magnificent Seven — the grouping of tech stocks comprised of Amazon (AMZN), Apple (AAPL), Alphabet (GOOG, GOOGL), Nvidia (NVDA), Meta (META...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

TD Cowen raises price targets on Big Tech ahead of earningsTD Cowen has raised its price targets on Big Tech names Meta Platforms (META), Alphabet (GOOG, GOOGL), and Amazon (AMZN) ahead of their second quarter...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »