Amazon Earnings Miss the Mark, Stock Drops $15 in After-Hours Trading

2019-7-27 03:00

Amazon stock is down about $15, or 1 percent, in after-hours trading after the company missed earnings estimates by 6 percent. The e-commerce giant did manage to beat the revenue estimate by about 1 percent.

Results do not include Prime Day. Amazon’s Revenue Now Half of Walmart’s Amazon continues to crush the retail and cloud […]

The post Amazon Earnings Miss the Mark, Stock Drops $15 in After-Hours Trading appeared first on CCN Markets

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Google Stock Explodes Nearly 10 Percent Higher After Crushing Earnings

Quarterly earnings from Google parent Alphabet showed strong advertising growth. As a result, Alphabet’s stock exploded upwards by $96, or 8.5 percent, in after-hours trading. Does this signal a new upside push for FAANG stocks and tech stock bull market? Despite Amazon’s earnings miss, and the threat of a DOJ antitrust inquiry haunting the sector, things look […] The post Google Stock Explodes Nearly 10 Percent Higher After Crushing Earnings appeared first on CCN Markets

2019-7-27 04:00