Sad.-To The Moon - Tiger Brokers Online Investing Community

5
Comment
Favorite

parie
2022-04-30

Sad.

Amazon Stock Suffers Worst Day in More Than 15 Years, Wiping Away More Than $200 Billion in Market Cap

Worst day for the stock since 2006 is the second largest single-day decline in market cap for a U.S.

Amazon Stock Suffers Worst Day in More Than 15 Years, Wiping Away More Than $200 Billion in Market Cap

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

Top
Latest

adriandino
·2022-04-30
buy
Reply
Like
Report
Fold Replies
- Pflanze:
  not yet
  2022-04-30
  Reply
  Report

Most Discussed

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"magic":2,"id":9069223715,"tweetId":"9069223715","gmtCreate":1651295274950,"gmtModify":1676534886800,"author":{"id":3586604412538634,"authorId":3586604412538634,"authorIdStr":"3586604412538634","name":"parie","avatar":"https://community-static.tradeup.com/news/c31cfaba24add90d5bcc2dde0c06c5d5","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":1,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body>Sad.</body></html>","htmlText":"<html><head></head><body>Sad.</body></html>","text":"Sad.","highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9069223715","repostId":2231260527,"repostType":4,"repost":{"id":"2231260527","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1651286236,"share":"https://www.laohu8.com/m/news/2231260527?lang=&edition=full","pubTime":"2022-04-30 10:37","market":"us","language":"en","title":"Amazon Stock Suffers Worst Day in More Than 15 Years, Wiping Away More Than $200 Billion in Market Cap","url":"https://stock-news.laohu8.com/highlight/detail?id=2231260527","media":"Dow Jones","summary":"Worst day for the stock since 2006 is the second largest single-day decline in market cap for a U.S.","content":"<html><head></head><body>Worst day for the stock since 2006 is the second largest single-day decline in market cap for a U.S. company on record, behind only Facebook&#39;s sudden drop earlier this year<a href=\"https://laohu8.com/S/AMZN\">Amazon.com Inc.</a> shares suffered their worst day in more than 15 years Friday, after the e-commerce and tech giant reported its first quarterly loss in seven years.<a href=\"https://laohu8.com/S/AMZN\">Amazon</a> shares fell 14.1%, their biggest one-day percentage decline since July 26, 2006. The drop cost Amazon $206.41 billion in market capitalization, the second-largest total for a single-day market cap decline behind only <a href=\"https://laohu8.com/S/FB\">Meta Platforms</a> Inc.&#39;s (FB)faceplant earlier this year after the Facebook parent company&#39;s fourth-quarter earnings report, according to Dow Jones Market Data group.After the surprising loss and forecast reduction, Wall Street analysts were downbeat in their assessment, including multiple price-target cuts.&#34;The inflation of wages and shipping costs have been pressuring Amazon&#39;s profitability, and now the war in Ukraine has driven up fuel costs, adding another headwind,&#34; wrote analysts led by Shyam Patel at Susquehanna Financial Group.&#34;Also pressuring profitability is excess capacity, as Amazon invested heavily in 2H21 and is now working to reverse the fixed-cost deleverage and increase productivity.&#34;Susquehanna rates Amazon stock at positive and cut its price target to $3,800 from $5,000.Amazon said it had $6 billion in incremental costs for the quarter, including wages and productivity rates. The company says that it&#39;s seeing improvements and making adjustments to bring that number down.The disappointing results didn&#39;t dampen many analysts&#39; view of the future.&#34;Amazon is taking the right steps to operate amid a challenging macro environment that includes unforeseen inflation and a supply chain crisis,&#34; wrote Wedbush analysts led by Michael Pachter.&#34;We view the Q2:22 guidance provided by the company as being overly conservative, particularly from a profit perspective given favorable mix shift and the potential for labor productivity and capacity leverage improvements. Longer-term, Amazon can drive steady margin expansion by investing in its cloud, fulfillment, and ad businesses.&#34;Wedbush rates Amazon stock outperform and cut its target price to $3,500 from $3,950.&#34;Several positives keep us constructive on Amazon including 1) strong growth in AWS and Advertising, and 2) prospects for inflationary pressures, productivity loss and fixed cost deleverage to start reversing in 2H22 and FY23, which bodes well for profitability,&#34; wrote Truist Securities, which rates Amazon stock a buy with a $3,500 price target, down from $4,000.While Amazon is looking more closely at the costs to the company, shoppers are taking a look at their own costs, which is driving concern for Neil Saunders at GlobalData.&#34;As the cost-of-living increases, consumers have started to reduce the amount of product they buy to balance their budgets; volumes in many discretionary categories are turning negative,&#34; Saunders wrote.&#34;This affects many retailers and channels, but it is especially chilling for online where a higher proportion of purchases are discretionary and where delivery charges -- at least for those who are not members of services like Prime -- add to the cost. As a key destination for online purchases and as a mature player with the biggest base of online shoppers, Amazon is more exposed to this issue than other players.&#34;GlobalData notes that subscription growth decelerated to 13% in the quarter, with the price hike for a Prime membership one of the factors.Other analyst groups aren&#39;t as cautious.&#34;Amazon cited the many challenges from macro headwinds, ranging from the ongoing war in Ukraine, high inflation levels and supply chain issues. They did not, however, call out any incremental consumer softness or expectations around reduced demand; a departure from other more discretionary names,&#34; wrote Benchmark&#39;s Daniel Kurnos in a note.Benchmark maintained its buy stock rating and lowered its price target to $3,700 from $4,000.&#34;If our assessment is correct, 1Q will likely represent the trough period in Amazon&#39;s results, with growth and operating margin improving through 2022 despite disappointing guidance,&#34; wrote Stifel.Analysts there point to an easing of omicron-related costs, a Prime Day move to the third quarter and normalizing consumer spending after a period when travel and experience spending spiked.Amazon announced that the annual Prime Day event will take place in July. It was in the second quarter in 2021.Stifel has a buy rating on Amazon stock and cut its price target to $3,800 from $4,400.Amazon&#39;s price target was also lowered at Raymond James (to $3,300 from $3,950, stock rated outperform), RBC Capital Markets (to $3,500 from $3,880, stock maintained at outperform), and JPMorgan (to $4,000 from $4,500, stock rated overweight).Amazon shares have slumped 25.5% for the year to date, as the S&amp;P 500 index has declined 13.3%.</body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon Stock Suffers Worst Day in More Than 15 Years, Wiping Away More Than $200 Billion in Market Cap</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon Stock Suffers Worst Day in More Than 15 Years, Wiping Away More Than $200 Billion in Market Cap\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\nDow Jones \n2022-04-30 10:37\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body>Worst day for the stock since 2006 is the second largest single-day decline in market cap for a U.S. company on record, behind only Facebook&#39;s sudden drop earlier this year<a href=\"https://laohu8.com/S/AMZN\">Amazon.com Inc.</a> shares suffered their worst day in more than 15 years Friday, after the e-commerce and tech giant reported its first quarterly loss in seven years.<a href=\"https://laohu8.com/S/AMZN\">Amazon</a> shares fell 14.1%, their biggest one-day percentage decline since July 26, 2006. The drop cost Amazon $206.41 billion in market capitalization, the second-largest total for a single-day market cap decline behind only <a href=\"https://laohu8.com/S/FB\">Meta Platforms</a> Inc.&#39;s (FB)faceplant earlier this year after the Facebook parent company&#39;s fourth-quarter earnings report, according to Dow Jones Market Data group.After the surprising loss and forecast reduction, Wall Street analysts were downbeat in their assessment, including multiple price-target cuts.&#34;The inflation of wages and shipping costs have been pressuring Amazon&#39;s profitability, and now the war in Ukraine has driven up fuel costs, adding another headwind,&#34; wrote analysts led by Shyam Patel at Susquehanna Financial Group.&#34;Also pressuring profitability is excess capacity, as Amazon invested heavily in 2H21 and is now working to reverse the fixed-cost deleverage and increase productivity.&#34;Susquehanna rates Amazon stock at positive and cut its price target to $3,800 from $5,000.Amazon said it had $6 billion in incremental costs for the quarter, including wages and productivity rates. The company says that it&#39;s seeing improvements and making adjustments to bring that number down.The disappointing results didn&#39;t dampen many analysts&#39; view of the future.&#34;Amazon is taking the right steps to operate amid a challenging macro environment that includes unforeseen inflation and a supply chain crisis,&#34; wrote Wedbush analysts led by Michael Pachter.&#34;We view the Q2:22 guidance provided by the company as being overly conservative, particularly from a profit perspective given favorable mix shift and the potential for labor productivity and capacity leverage improvements. Longer-term, Amazon can drive steady margin expansion by investing in its cloud, fulfillment, and ad businesses.&#34;Wedbush rates Amazon stock outperform and cut its target price to $3,500 from $3,950.&#34;Several positives keep us constructive on Amazon including 1) strong growth in AWS and Advertising, and 2) prospects for inflationary pressures, productivity loss and fixed cost deleverage to start reversing in 2H22 and FY23, which bodes well for profitability,&#34; wrote Truist Securities, which rates Amazon stock a buy with a $3,500 price target, down from $4,000.While Amazon is looking more closely at the costs to the company, shoppers are taking a look at their own costs, which is driving concern for Neil Saunders at GlobalData.&#34;As the cost-of-living increases, consumers have started to reduce the amount of product they buy to balance their budgets; volumes in many discretionary categories are turning negative,&#34; Saunders wrote.&#34;This affects many retailers and channels, but it is especially chilling for online where a higher proportion of purchases are discretionary and where delivery charges -- at least for those who are not members of services like Prime -- add to the cost. As a key destination for online purchases and as a mature player with the biggest base of online shoppers, Amazon is more exposed to this issue than other players.&#34;GlobalData notes that subscription growth decelerated to 13% in the quarter, with the price hike for a Prime membership one of the factors.Other analyst groups aren&#39;t as cautious.&#34;Amazon cited the many challenges from macro headwinds, ranging from the ongoing war in Ukraine, high inflation levels and supply chain issues. They did not, however, call out any incremental consumer softness or expectations around reduced demand; a departure from other more discretionary names,&#34; wrote Benchmark&#39;s Daniel Kurnos in a note.Benchmark maintained its buy stock rating and lowered its price target to $3,700 from $4,000.&#34;If our assessment is correct, 1Q will likely represent the trough period in Amazon&#39;s results, with growth and operating margin improving through 2022 despite disappointing guidance,&#34; wrote Stifel.Analysts there point to an easing of omicron-related costs, a Prime Day move to the third quarter and normalizing consumer spending after a period when travel and experience spending spiked.Amazon announced that the annual Prime Day event will take place in July. It was in the second quarter in 2021.Stifel has a buy rating on Amazon stock and cut its price target to $3,800 from $4,400.Amazon&#39;s price target was also lowered at Raymond James (to $3,300 from $3,950, stock rated outperform), RBC Capital Markets (to $3,500 from $3,880, stock maintained at outperform), and JPMorgan (to $4,000 from $4,500, stock rated overweight).Amazon shares have slumped 25.5% for the year to date, as the S&amp;P 500 index has declined 13.3%.</body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4507":"流媒体概念","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4566":"资本集团","BK4524":"宅经济概念","BK4535":"淡马锡持仓","BK4559":"巴菲特持仓","BK4527":"明星科技股","BK4538":"云计算","BK4550":"红杉资本持仓","BK4579":"人工智能","BK4503":"景林资产持仓","BK4551":"寇图资本持仓","BK4561":"索罗斯持仓","BK4581":"高盛持仓","BK4548":"巴美列捷福持仓","BK4554":"元宇宙及AR概念","BK4532":"文艺复兴科技持仓","AMZN":"亚马逊"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2231260527","content_text":"Worst day for the stock since 2006 is the second largest single-day decline in market cap for a U.S. company on record, behind only Facebook's sudden drop earlier this yearAmazon.com Inc. shares suffered their worst day in more than 15 years Friday, after the e-commerce and tech giant reported its first quarterly loss in seven years.Amazon shares fell 14.1%, their biggest one-day percentage decline since July 26, 2006. The drop cost Amazon $206.41 billion in market capitalization, the second-largest total for a single-day market cap decline behind only Meta Platforms Inc.'s (FB)faceplant earlier this year after the Facebook parent company's fourth-quarter earnings report, according to Dow Jones Market Data group.After the surprising loss and forecast reduction, Wall Street analysts were downbeat in their assessment, including multiple price-target cuts.\"The inflation of wages and shipping costs have been pressuring Amazon's profitability, and now the war in Ukraine has driven up fuel costs, adding another headwind,\" wrote analysts led by Shyam Patel at Susquehanna Financial Group.\"Also pressuring profitability is excess capacity, as Amazon invested heavily in 2H21 and is now working to reverse the fixed-cost deleverage and increase productivity.\"Susquehanna rates Amazon stock at positive and cut its price target to $3,800 from $5,000.Amazon said it had $6 billion in incremental costs for the quarter, including wages and productivity rates. The company says that it's seeing improvements and making adjustments to bring that number down.The disappointing results didn't dampen many analysts' view of the future.\"Amazon is taking the right steps to operate amid a challenging macro environment that includes unforeseen inflation and a supply chain crisis,\" wrote Wedbush analysts led by Michael Pachter.\"We view the Q2:22 guidance provided by the company as being overly conservative, particularly from a profit perspective given favorable mix shift and the potential for labor productivity and capacity leverage improvements. Longer-term, Amazon can drive steady margin expansion by investing in its cloud, fulfillment, and ad businesses.\"Wedbush rates Amazon stock outperform and cut its target price to $3,500 from $3,950.\"Several positives keep us constructive on Amazon including 1) strong growth in AWS and Advertising, and 2) prospects for inflationary pressures, productivity loss and fixed cost deleverage to start reversing in 2H22 and FY23, which bodes well for profitability,\" wrote Truist Securities, which rates Amazon stock a buy with a $3,500 price target, down from $4,000.While Amazon is looking more closely at the costs to the company, shoppers are taking a look at their own costs, which is driving concern for Neil Saunders at GlobalData.\"As the cost-of-living increases, consumers have started to reduce the amount of product they buy to balance their budgets; volumes in many discretionary categories are turning negative,\" Saunders wrote.\"This affects many retailers and channels, but it is especially chilling for online where a higher proportion of purchases are discretionary and where delivery charges -- at least for those who are not members of services like Prime -- add to the cost. As a key destination for online purchases and as a mature player with the biggest base of online shoppers, Amazon is more exposed to this issue than other players.\"GlobalData notes that subscription growth decelerated to 13% in the quarter, with the price hike for a Prime membership one of the factors.Other analyst groups aren't as cautious.\"Amazon cited the many challenges from macro headwinds, ranging from the ongoing war in Ukraine, high inflation levels and supply chain issues. They did not, however, call out any incremental consumer softness or expectations around reduced demand; a departure from other more discretionary names,\" wrote Benchmark's Daniel Kurnos in a note.Benchmark maintained its buy stock rating and lowered its price target to $3,700 from $4,000.\"If our assessment is correct, 1Q will likely represent the trough period in Amazon's results, with growth and operating margin improving through 2022 despite disappointing guidance,\" wrote Stifel.Analysts there point to an easing of omicron-related costs, a Prime Day move to the third quarter and normalizing consumer spending after a period when travel and experience spending spiked.Amazon announced that the annual Prime Day event will take place in July. It was in the second quarter in 2021.Stifel has a buy rating on Amazon stock and cut its price target to $3,800 from $4,400.Amazon's price target was also lowered at Raymond James (to $3,300 from $3,950, stock rated outperform), RBC Capital Markets (to $3,500 from $3,880, stock maintained at outperform), and JPMorgan (to $4,000 from $4,500, stock rated overweight).Amazon shares have slumped 25.5% for the year to date, as the S&P 500 index has declined 13.3%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":236,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":4,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":101518165,"gmtCreate":1651295645936,"gmtModify":1651295645936,"authorId":3557838603033373,"author":{"id":3557838603033373,"authorId":3557838603033373,"name":"adriandino","avatar":"https://static.tigerbbs.com/7ee1cd14ed5057e0ad135ec52ba710cf","vip":1,"crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9069223715,"type":1,"supId":0,"prevId":0,"content":"buy","text":"buy","html":"buy","likeSize":0,"commentSize":1,"subComments":[{"id":101520165,"gmtCreate":1651305052227,"gmtModify":1651305052227,"authorId":3570037604440960,"author":{"id":3570037604440960,"authorId":3570037604440960,"name":"Pflanze","avatar":"https://static.tigerbbs.com/d1e55f7d9e1df6e15adabc7185268e2f","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9069223715,"type":1,"supId":101518165,"prevId":0,"content":"not yet","text":"not yet","html":"not yet"}],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"hasMoreComment":true,"orderType":2}