3 Articles
3 Articles
Amazon Just Had Its Best Day Since 2022 – Here’s Why Everyone’s Suddenly Bullish Again
Remember when everyone was doom-scrolling about tech stocks being “overvalued” and the AI bubble bursting? Yeah, well, Amazon just told that narrative to hold its beer. The e-commerce giant absolutely crushed earnings yesterday, sending its stock rocketing 13% in what can only be described as a “told you so” moment for anyone who didn’t panic-sell during the recent tech wobbles. So what actually happened? Amazon didn’t just beat expectations – i…
Cramer says Amazon CEO Andy Jassy just sent a very expensive message to the bears – DG Verifications & Stats
It was not surprising that Amazon shares surged on Friday morning after the company’s “show me” quarter proved to be a “show of major force” from CEO Andy Jassy, according to CNBC’s Jim Cramer. Amazon reported third-quarter results Thursday evening that reignited investor enthusiasm in its cloud business, Amazon Web Services, the biggest in the world. The stock hit an all-time high of over $250 per share during Friday’s session. It must finish t…
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