Friday, October 26, 2018

WORLDRETHINK: Twitter tour on Friday, October 26, 2018

47s47 seconds ago
: Sensitivity of Wall Street investors. Part I. Yesterday we commented that Alphabet (Google’s parent) and Amazon posted their last quarterly reports; both with increase in income, but with sales under expectations. Today, the investors showed disappointment.
: Sensitivity of Wall Street investors. Part II. Alphabet posted a net profit of $9.9 billion, up 37% compared with the previous year, but its revenue grew 21%, versus 24% in the same period of a year ago. The investors didn’t like the this second point.
: Sensitivity of Wall Street investors. Part III. In the case of Amazon, this company reported a profit of $2,88 billion and its revenue increased 29.3% to $56.58 billion. Good figures, but not for Wall Street investors who were expecting a revenue of $57.1 billion.
: Sensitivity of Wall Street investors. Part IV. Today, after the Wall St. closure wrote “U.S. stocks were lower on Friday afternoon following a slew of high-profile earnings disappointments...” Technology continues as very sensitive issue of our economy.

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