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

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