$Amazon.com(AMZN)$ once again didn't disappoint investors. It has reported quarterly profit that is almost twice the amount that analysts have expected. As a result, share price have skyrocketed around 9% post market.
Amazon has further improved its delivery efficiency that led to faster goods turnaround time and at a lower cost incurred. This is definitely a great news for customers.
Furthermore, it is forecasted that Prime day that just took place recently will provide a spike in revenue for Amazon in the current quarter. As investors, we can expect more good news to come in the coming months!
With that, please do your own diligence before investing in any stocks. Invest safe!
@CaptainTiger @Daily_Discussion @TigerStars @MillionaireTiger
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Comments
US manufacture expanded to India Viet Japan last few years. simple supply demand rule we have demand supply will come. amzn is more than on line shopping supplied by china.
Dow down over 500 points Nasdaq down 300 points and S&P close to 100 points down in the last two sessions, plenty of profit taking all around. Has to be expected in this economy of rate increases and inflation.
the trillion dolla companie crash seems coming near, this market is irrationally hyped and overpriced
Locked in at 1k shares 130 cost basis tomorrow’s a buying opportunity if we go down i hope we do
AMZN is on pace to conservatively attain $200 by end of year, and is currently trading at a bargain!!!
Unemployment lower at 3.5%. Jobs came in slightyly below 200K. No more rate hikes. AMZN back to all time high