Nasdaq AMZN Amazon

Fintel reports that on August 4, 2023, B of A Securities maintained coverage of Amazon.com (NASDAQ:AMZN) with a Buy recommendation. Analyst Price Forecast Suggests 14.16% Upside

Fintel reports that on August 4, 2023, Evercore ISI Group maintained coverage of Amazon.com (NASDAQ:AMZN) with a Outperform recommendation. Analyst Price Forecast Suggests 14.16% Upside

Two measures of corporate and economic health were flashing red on Friday as shipping group Maersk reported a fall in global demand for sea containers and advertising giant WPP said clients in the U.S. tech sector were slashing their marketing spend.

September S&P 500 futures (ESU23) are trending up +0.35% this morning as strong results from retail giant Amazon boosted sentiment, while market participants looked ahead to the crucial U.S. nonfarm payrolls report.

Global equities inched higher on Friday, while the dollar headed for a third weekly gain as investors assessed U.S. economic data that largely showed a resilient labour market ahead of the all-important monthly jobs report.

Amazon.com shares surged 9% on Friday on signs that both its growth engines, e-commerce and cloud-computing, were faring well in an uncertain economy, helping shield the broader market from Apple's 1.5% slide after gloomy iPhone sales.

U.S. stock index futures rose on Friday as Amazon's better-than-expected earnings trumped Apple's tepid sales forecast, while investors awaited the July jobs report to firm up the likelihood of a "soft landing" for the economy.

European stocks steadied on Friday, after a recent selloff, as strong results from retail giant Amazon and a host of other companies outweighed recent jitters around slowing economic growth across the continent.

Qualcomm on Friday named Savi Soin president of its India arm, as well as a company senior vice president, at a time when global players are increasing their focus on the South Asian country which has emerged as an innovation hub.

European stocks steadied on Friday after a three-day selloff as a strong forecast from retail giant Amazon and a host of other companies outweighed recent jitters around slowing global economic growth.

Amazon shares surged on Friday in Frankfurt trading after the company issued an upbeat outlook for the third quarter, while Apple's German-listed shares fell after the company forecast a continued slide in sales.

Asian shares inched higher on Friday, while the dollar retreated from a one-month peak as investors assessed U.S. economic data that largely showed a resilient labour market and awaited a crucial non-farm payrolls report due later in the day.

Asian shares rose on Friday, while the dollar pulled back from a one-month peak as investors took stock of the slew of U.S. economic data that showed a resilient labour market ahead of a crucial non-farm payrolls report due later in the day.

Image source: The Motley Fool.

Market indices showed some promise after hitting session lows this morning, until a mid-day swoon led to slightly lower reads as they rang the bell this afternoon. Pretty flat, overall: the Dow -0.07%, the Nasdaq -0.11%, the S&amp

Amazon (AMZN) reported $134.38 billion in revenue for the quarter ended June 2023, representing a year-over-year increase of 10.9%. EPS of $0.63 for the same period compares to $0.10 a year ago.

Amazon (AMZN) came out with quarterly earnings of $0.63 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.10 per share a year ago. These figures are adjusted for non-recurring item

U.S. stocks closed little changed on Thursday after a choppy trading session, as investors weighed another rise in Treasury yields with the latest batch of economic data and earnings.

The NASDAQ 100 After Hours Indicator is up 24.6 to 15,378.14. The total After hours volume is currently 94,140,876 shares traded.The following are the most active stocks for the after hours session: Amazon.com, Inc. (AMZN) is +9.7 at $138.61, with 14,907,210 shares traded. Smart

(RTTNews) - Below are the earnings highlights for Amazon.com Inc. (AMZN):