AMZN
April 29, 2022 | AMZN, Daily JAM, Top 50 Stocks, Videos |
My one-hundredth-and-twenty-seventh YouTube video “Lessons from Amazon” went up today. In this video I’m looking at Amazon’s (AMZN) earnings report after hours on April 28. The company delivered its first quarterly loss in 7 years. The shares closed down 14.05% the next day. I think that the questions Amazon is facing are important across the economy as we emerge from a Pandemic. For example, looking at Pandemic sales trends do you invest in fulfillment and shipping infrastructure to maintain consumer expectations for quick delivery or do you hold back on spending on the likelihood that post-Pandemic trends will revert to lower pre-Pandemic patterns? Amazon’s decision to invest in building out fulfillment, and its flat sales numbers, led to this quarterly loss. Other companies such as Uber, DoorDash, Netflix, Peloton, and Starbucks face the same issues going forward.
April 25, 2022 | AAPL, ABBV, AMZN, BMY, CMG, Daily JAM, FB, GOOG, Morning Briefing, MSFT, PYPL |
Going into this earnings season, the hope was that strong, surprisingly strong perhaps, earnings from the big growth stocks would put a stop to the selling. Earnings would be strong enough to convince investors that the market wasn’t over-valued since at these growth rates stocks would be seen to be quick growing into current extended valuations That hasn’t exactly worked so far. But this week the earnings story from growth stocks hits its stride. If the companies reporting this week can’t make the case for growth stock earnings, there probably isn’t a growth stock story to be made in the light of Federal Reserve interest rate increases, supply chain disruptions, and fears of a recession.
April 20, 2022 | AMZN, COST, Daily JAM, DIS, Jubak Picks |
In this post let me take another step back to look at the one of the larger economic forces revealed by the Netflix miss. I’d argue that the Nexflix miss should put pricing power and questions of what price increases will hurt demand up near the top of your stock picking check list. Especially since the streaming service’ loss of 200,000 subscribers this quarter and the ported loss of 2 million subscribers next quarter qualifies as just the first shoe to drop.
February 8, 2022 | AMZN, Daily JAM, Top 50 Stocks |
Investors have really impressed by Amazon’s fourth quarter earnings report. And there were some impressive numbers in the report for the quarter. Amazon’s cloud services unit, AWS, saw revenue growth alleviate again to a 40% growth rate. Revenue growth from from advertising did decelerate to a 32% growth rate but that’s still really impressive given what other companies have been saying about a weak ad market in the quarter. Frankly, if Amazon were just the cloud and digital advertising businesses I’d be shouting buy even if the stock is trading at a trailing 12-month price-to-earnings ratio of 49.81. But Amazon is also an e-commerce company and the numbers there didn’t look all that great.
February 5, 2022 | AMZN, Daily JAM, Top 50 Stocks |
The story to end last week was Amazon’s (AMZN) big earnings surprise on Thursday. Fourth-quarter sales increased 9.4% to $137.4 billion. Profit was $27.75 a share, aided largely by a pretax gain from the company’s investment in Rivian, which went public in November. Analysts, on average, projected revenue of $137.8 billion and earnings of $3.77 a share. (I’d note that the $22.75 a share in earnings and the projected $3.77 are not comparable due to that huge one-time gain from the Rivian IPO.) Wall Street was especially impressed by the performance of Amazon Web Services, the company’s cloud-computing division. AWS recorded sales of $17.8 billion, a 40% year-over-year increase, and operating profit of $5.29 billion. Adverting revenue for the quarter was was $9.7 billion, a 32% increase from a year earlier. Wall Street also gushed about the company’s decision to raise the price of its Amazon Prime membership by $20 a year to $139
January 30, 2022 | AMZN, Daily JAM, FB, GOOG, Short Term, Top 50 Stocks, You Might Have Missed |
I’m looking for a mixed bag of BIG TECH earnings from Alphabet (GOOG), Meta Platforms (FB), and Amazon (AMZN). Unless Meta Platforms and Amazon can deliver big earnings surprises, I don’t think these reports will lift the market appreciably. And the week will end with the January jobs report.
January 7, 2022 | AMZN, Daily JAM, MSFT, NVDA, Videos |
I’m starting up my videos on JubakAM.com again–this time using YouTube as a platform. My eighty-fourth YouTube video “3 Picks for When the Tech Selling Stops” went up today.
December 9, 2021 | AAPL, AMZN, Daily JAM, Videos, Volatility |
I’m starting up my videos on JubakAM.com again–this time using YouTube as a platform. My seventy-eighth YouTube video “Look Out for Earnings Season” went up today.
August 25, 2021 | AAPL, AMZN, Daily JAM, MSFT, Top 50 Stocks, Videos |
I’m starting up my videos on JubakAM.com again–this time using YouTube as a platform. My forty-fourth YouTube video “Amazon miss is a big deal…for all stocks” went up today.
July 24, 2021 | AAPL, AMD, AMZN, Daily JAM, FB, GOOG, Jubak Picks, MSFT, Top 50 Stocks |
I hope it’s no surprise to you–I’ve been yammering away on this topic for the last two weeks after all–but next week is a big week for earnings from bellwether tech companies. The market reaction to those earnings will determine whether the current earnings based rally goes on for a while or if, instead, we get a sell on the news retreat. Tuesday, April 27, is the first big day with Apple (AAPL), Advanced Micro Devices (AMD), Alphabet (GOOG) and Microsoft (MSFT) all reporting.
April 21, 2021 | AAPL, AMZN, Daily JAM, FB, GOOG, Jubak Picks, MSFT, Top 50 Stocks |
Today, April 21, as of 3 p.m. New York time, the major indexes were on track to break their three-day losing streak. At 3 p.m. the Standard & Poor’s 500 was ahead 0.65% and the Dow Jones Industrial Average had gained 0.74%. The NASDAQ Composite was higher by 0.73% and the small cap Russell 2000 had moved up 1.94%. Why the big change in tone from earlier in the week?
July 23, 2020 | AMZN, Daily JAM, Top 50 Stocks |
Amazon (AMZN) reports second quarter earnings after the close of trading on July 30 next week. (I got the reporting date wrong  by a week in an earlier version of this post.) Wall Street is expecting impressive growth in online sales revenue. But after yesterdays...
