1HR Chart Amazon ( NASDAQ:AMZN ) has developed a bullish flagpole formation that is more easily seen on the hourly charts. This may serve as a continuation pattern that will launch AMZN to a 52 week high of $188 -- a level that hasn't been tested since July of 2021. Fibonacci retracement levels for the current trading pattern support the $188 ceiling as this...
While Jeff Bezos, fiancée Lauren Sánchez have star studded engagement party on his $500M yacht Amazon has just reported its Q2 2023 earnings result, EPS of 65 cents is not comparable on YoY basis nor to consensus due to the company booking some gains related to its Rivian Automotive, Inc (RIVN) investment. Revenue of $134.3 billion beat consensus by about 2% while...
Amazon.com's ( NASDAQ:AMZN ) iconic founder Jeff Bezos recently offloaded approximately 12 million shares of the tech behemoth, amassing a staggering $2 billion in the process. This significant divestiture, disclosed in a regulatory filing last Friday, marks the commencement of a meticulously planned sell-off strategy laid out by Bezos himself, raising eyebrows...
Spanish High Court has decided to suspend fines totaling 194 million euros imposed on tech giants Amazon ( NASDAQ:AMZN ) and Apple ( NASDAQ:AAPL ). The fines, initially levied by the Spanish antitrust watchdog CNMC (Comisión Nacional de los Mercados y la Competencia) in July, are now pending appeal, marking a temporary halt to what has been a contentious legal...
COINBASE:BTCUSD AMEX:SPY NASDAQ:MARA Were Back on track folks to March 60K. Now there is so much headroom to move up. My old post was taken down.
Amazon's Strategic Investment in AI: A Path to Growth As the race for AI dominance intensifies, major tech giants are making substantial investments in AI startups. Amazon, with its vast financial resources, recently committed $4 billion to Anthropic, the creators of AI assistant Claude, in a deal that positions Amazon Web Services (AWS) as Anthropic's primary...
Hello Traders, welcome to today's analysis of Amazon. -------- Explanation of my video analysis: Starting in 2018 Amazon created a decent bullish triangle continuation pattern and after the breakout Amazon pumped more than +70% towards the upside. Then with the 2022 bear market we saw a quite harsh correction and a perfect retest of previous support. If...
Uber Technologies Inc. (UBER) has seen significant growth in the past year. The ride-hailing and delivery platform’s shares have skyrocketed 111% in the last 12 months1. This return not only far outpaced the broader Nasdaq Composite index, but it also means Uber is now hitting fresh all-time highs1. Here are some key points to consider for a long position in...
Disney, a global entertainment conglomerate, has been facing challenges in recent years. The company’s traditional revenue streams, such as theme parks and movie theaters, have been hit hard by the COVID-19 pandemic1. Furthermore, Disney’s streaming service, Disney+, while successful, is facing stiff competition from other platforms like Netflix, Amazon Prime, and...
Short Thesis: PayPal’s stock has been underperforming due to increased competition and growth concerns. Despite the company’s efforts to reinvent itself through AI-based products, it’s uncertain whether these initiatives will be enough to regain investor confidence and compete effectively in the rapidly evolving fintech landscape. Therefore, there could be a...
In a recent filing with the Securities and Exchange Commission (SEC), it was revealed that Jeff Bezos, the executive chair of Amazon ( NASDAQ:AMZN ), plans to sell a substantial portion of his Amazon ( NASDAQ:AMZN ) shares over the next 12 months. The billionaire founder's decision to part ways with up to 50 million shares has sparked considerable interest and...
Analyzing the options chain and the chart patterns of AMZN Amazon prior to the earnings report this week, I would consider purchasing the 160usd strike price Calls with an expiration date of 2024-9-20, for a premium of approximately $19.05. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
AMZN price is forming a Bullish Head & Shoulder pattern. and RSI also made a break of the descending trendline If we look at weekly chart, price is moving in an ascending channel moving upwards, and price is also above support If we look at Monthly time-frame, price broke above trendline and is moving upwards Trade Wisely *The content on this analysis...
FAANG is an acronym that stands for five major, highly successful U.S. tech companies: Meta (formerly Facebook), Amazon, Apple, Netflix, and Google. FAANG stocks' performance has a substantial effect on the overall market and comprises 15% of the S&P500 Index SP:SPX . If you follow the financial or business news, you may have seen or heard the term FAANG...
In a striking display of resilience and innovation, Amazon.com (NASDAQ: NASDAQ:AMZN ) has set the financial world abuzz with a remarkable 7% surge in its stock before the bell on Friday. The e-commerce behemoth not only reported higher-than-expected holiday quarter sales but also showcased the powerful impact of its AI prowess, particularly within its lucrative...
Like the title says, Bullish. There is so much going on behind the scenes based on the world events today. BUT, in the end, BABA is going to be a big supplier of goods across the Asia continent, and there are a LOT of people to sell to. Put/Call chart is included, I've highlighted the outliers. Does this mean I'm suggesting to yolo puts and calls? Probably...
NASDAQ:AMZN ENTER 162 TP 165 AFTER EARNINGS Amazon Revenue Growth: Analysts expect Amazon’s revenues to rise 11.4% YoY in Q4 and hit a record high of $166.2 billion1. The company’s Q3 operating margin of 7.8% was the highest since early 20211. Profitability: Amazon posted record net profits in Q3, and the metric almost hit a milestone of $10 billion1....
NASDAQ:META Growth and Profitability: Bank of America Securities analyst Justin Post maintains a bullish stance on Meta stock, citing potential for growth and profitability1. His analysis anticipates a fourth quarter revenue surpassing the consensus estimates, driven by a 22% year-over-year increase1. This optimistic outlook is fueled by the positive momentum...