Check our story about the stocks that have the potential to go either up or down big time! In this article, we'll tell you about Nvidia, Apple, Philip Morris, and Coinbase.
Amazon's sales surge 44%!
Amazon surprised observers with unexpectedly strong sales performance and resulting profits: the company made 44% more sales in Q1'2021 than in the previous year's same quarter. Earnings were almost 50% greater than expected, with the actual number of $15.79 per share against the forecast of $9.54. The revenue was $108.52 billion vs. $104.47 billion expected. Also, it confirmed that this year's Prime Day will take place in June.
What does it mean
Fundamentally, it means that the company's mid-term and long-term outlook is positive for this year. Everything is going according to the plan so the upside is a likely scenario for the stock price.
Technically, the positive report helped the stock to challenge the previosly set all-time high of $3,500 so as the market opens today, bulls will likely continue the push and lift the stock further upwards.
In this article, you'll find the list of the hottest stocks to trade on April 19-23, which will publish their earnings!
While Citigroup reports better-than-expected quarterly data, it is also aims at restructuring its global presence. What will be the impact?
Elon Musk, Tesla’s founder and CEO, said the company wouldn’t accept Bitcoin as payment any longer. As a result, BTC/USD dropped to $45,300, the low unseen since March.
The USA will post Retail Sales and Core Retail Sales on May 14, at 15:30 MT time.
The main focus of traders will be on US inflation at 15:30 GMT+3. Analysts expect the huge spike of the US inflation.