News Formal

Amazon falls ahead of next week’s earnings results. How to play the stock now

  • 📰 CNBC
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Pros on CNBC discussed talk about Amazon as the stock fell Friday.

Market Movers rounded up the latest reactions on Amazon from investors and analysts. Ahead of a busy week of Big Tech earnings, the Nasdaq Composite shed more than 3% on the week. The pros discussed Amazon after JPMorgan said the e-commerce giant remains its "top internet pick." The firm rates Amazon overweight.

Shares of the tech giant lost 3.5% on the week and closed Friday's trading session down 2.5%. Amazon reports earnings next Thursday after the bell and is held in Jim Cramer 's Charitable Trust portfolio.shed more than 3% on the week. The pros discussed Amazon after JPMorgan said the e-commerce giant remains its "top internet pick." The firm rates Amazon overweight.02:43

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

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

CNBC Daily Open: Earnings season in full swing, Treasury yields at multi-year highsU.S. stock markets slid against rising Treasury yields, which touched 2007 highs, and as earnings season kicks into full swing.
Source: NBCNewYork - 🏆 270. / 63 Read more »

CNBC Daily Open: Earnings season in full swing, Treasury yields at multi-year highsU.S. stock markets slid against rising Treasury yields, which touched 2007 highs, and as earnings season kicks into full swing.
Source: NBCLA - 🏆 319. / 59 Read more »