The overall market has recently recovered from a double-digit decline, now just 5.64% off its 52-week high.
The recent market turbulence has left many investors and spectators on the sidelines, questioning whether now is the time to invest in some of the most prominent names in the stock market.) has shown signs of resilience with a robust four-day rally, reducing losses to just 5.64% from its peak.
The company recently reported strong earnings on July 31, 2024, with EPS of $5.16, surpassing the consensus estimate of $4.70 by $0.46. The company recently reported its second-quarter earnings, revealing weaker-than-expected revenue and issuing a disappointing forecast for the current period. Following the announcement, the stock fell as much as 6% in extended trading. Specifically, Amazon reported earnings of $1.26 per share, beating the expected $1.03, but its revenue of $147.98 billion fell short of the $148.56 billion forecast.), ranking second to last in terms of P/E, has a current P/E of 55 and a forward P/E of 62.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
3 Must-Watch Stocks After a Bullish Goldman Sachs RecommendationStocks Analysis by MarketBeat.com (Gabriel Osorio-Mazzilli) covering: American International Group Inc, PepsiCo Inc, Realty Income Corp. Read MarketBeat.com (Gabriel Osorio-Mazzilli)'s latest article on Investing.com
Källa: Investingcom - 🏆 450. / 53 Läs mer »
Palantir Surges After Strong Earnings - Is $30 Price Target Too Low?Stocks Analysis by MarketBeat.com (Chris Markoch) covering: S&P 500, Palantir Technologies Inc. Read MarketBeat.com (Chris Markoch)'s latest article on Investing.com
Källa: Investingcom - 🏆 450. / 53 Läs mer »
3 Stocks Investors Should Watch as Gold Hits New HighStocks Analysis by MarketBeat.com (Gabriel Osorio-Mazilli) covering: Royal Gold Inc, Osisko Gold Ro, Triple Flag Precious Metals Corp. Read MarketBeat.com (Gabriel Osorio-Mazilli)'s latest article on Investing.com
Källa: Investingcom - 🏆 450. / 53 Läs mer »
3 Stocks That Can Benefit From CrowdStrike’s BlunderStocks Analysis by The Tokenist (Timothy Fries) covering: Broadcom Inc, Fortinet Inc, Palo Alto Networks Inc, CrowdStrike Holdings Inc. Read The Tokenist (Timothy Fries)'s latest article on Investing.com
Källa: Investingcom - 🏆 450. / 53 Läs mer »
Cathie Wood Bought the Dip in These Tech StocksStocks Analysis by MarketBeat.com (Gabriel Osorio-Mazzilli) covering: S&P 500, Amazon.com Inc, Charles Schwab Corp, Occidental Petroleum Corporation. Read MarketBeat.com (Gabriel Osorio-Mazzilli)'s latest article on Investing.com
Källa: Investingcom - 🏆 450. / 53 Läs mer »
TSMC, Netflix, and American Express to Report Earnings This Week: What to ExpectStocks Analysis by The Tokenist (Timothy Fries) covering: Apple Inc, Amazon.com Inc, NVIDIA Corporation, Mastercard Inc. Read The Tokenist (Timothy Fries)'s latest article on Investing.com
Källa: Investingcom - 🏆 450. / 53 Läs mer »