RBC Capital First Take on Amazon.com (AMZN) Q3 2022 Earnings

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Amazon.com (AMZN) PT Lowered to $136 at Monness, Crespi, Hardt

October 28, 2022 11:53 AM EDT

Monness, Crespi, Hardt analyst Brian White lowered the price target on Amazon.com (NASDAQ: AMZN) to $136.00 (from $172.00) while maintaining a Buy rating.

The analyst commented, "Amazon reported mixed 3Q:22 results and issued a weak 4Q:22 outlook. Next up, Amazon will... More

Amazon.com (AMZN) PT Lowered to $125 at Benchmark

October 28, 2022 6:26 AM EDT

Benchmark analyst Daniel Kurnos lowered the price target on Amazon.com (NASDAQ: AMZN) to $125.00 (from $160.00) while maintaining a Buy rating.

The analyst comments "Shares of Amazon (AMZN: Buy, PT from $160 to $125) initially plunged over 20% after hours following a largely in-line 3Q print but a shocking 4Q holiday revenue guide. Despite all the recent optimism from credit card companies, the travel sector and early... More

Amazon.com (AMZN) Sell-Off on EPS 'Well Overdone' - Goldman Sachs

October 27, 2022 5:02 PM EDT

Goldman Sachs analyst Eric Sheridan weighed in on Amazon.com (NASDAQ: AMZN) following earnings, saying the 20% sell-off is "well overdone."

The analyst commented, "With Amazons stock down ~20% in after-hours trading, we see this reaction as well overdone in terms of its reported results & guidance when compared to investors expectations relative to Street estimates in the run up to this earnings report. We would have expected a small negative reaction... More

Amazon (AMZN) Tumbles 20% as Revenue Guidance Misses

October 27, 2022 4:15 PM EDT

Tech giant Amazon's (NASDAQ: AMZN) shares are down over 20% in after-hours trading on Thursday after the company released its third-quarter earnings with revenue and guidance missing analyst consensus expectations.

Amazon reported earnings of $0.28 per share, $0.06 better than the analyst estimate of $0.22, with revenue for the quarter coming in at $127.1 billion versus the... More

Amazon predicts sales growth slowdown for holidays, crushing shares

October 27, 2022 4:03 PM EDT

By Jeffrey Dastin and Tiyashi Datta

(Reuters) -Amazon.com Inc on Thursday forecast a slowdown in sales growth for the holiday season, disappointing Wall Street and warning that inflation-wary consumers and businesses had less money to spend.

Amazon's 12% extended-trade stock drop erased about $140 billion in its market capitalization, greater than the entire value of companies such as Morgan Stanley, Netflix and Lockheed Martin.

For months, the world's biggest online retailer has fought against troubling macroeconomic tides. It hosted not one, but two cornerstone sales events in a year: Prime Day in July, and the Prime Early Access Sale... More

Amazon (AMZN) Tops Q3 EPS by 6c, Offers Guidance

October 27, 2022 4:02 PM EDT

Amazon (NASDAQ: AMZN) reported Q3 EPS of $0.28, $0.06 better than the analyst estimate of $0.22. Revenue for the quarter came in at $127.1 billion versus the consensus estimate of $127.76 billion.

GUIDANCE:

Amazon sees Q4 2022 revenue of $140-148 billion, versus the consensus of $155.1... More

Amazon (AMZN) October weekly option implied volatility increases into quarter results

October 27, 2022 1:13 PM EDT

Amazon (NASDAQ: AMZN) October weekly call option implied volatility is at 209, November is at 65; compared to its 52-week range of 22 to 57 into the expected release of quarter results today after the bell.

... More

Amazon (AMZN) Hits Low, Down 4.1% Ahead of Results After The Bell

October 27, 2022 12:23 PM EDT

Amazon (NASDAQ: AMZN) Hits Low, Down 4.1% Ahead of Results After The Bell

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Amazon (AMZN) October weekly option implied volatility increases into quarter results

October 27, 2022 11:03 AM EDT

Amazon (NASDAQ: AMZN) October weekly call option implied volatility is at 175, November is at 82; compared to its 52-week range of 22 to 57 into the expected release of quarter results today after the bell.

... More

Dow Futures Rise 140 Pts; Meta Platforms and GDP Data in Focus

October 27, 2022 7:20 AM EDT

By Peter Nurse


Investing.com -- U.S. stocks are seen opening in a mixed fashion Thursday, with a weak forecast from Meta Platforms weighing heavily on the tech-heavy Nasdaq, ahead of results from Apple (NASDAQ: AAPL) and Amazon (NASDAQ: AMZN) and the first reading of gross domestic product for the third quarter.


At 07:00 ET (11:00 GMT), the Dow Futures contract was up 140 points, or 0.4%, but S&P 500 Futures traded 3 points, or 0.1%, lower, and Nasdaq 100 Futures dropped 75 points, or 0.7%.

... More

Amazon (AMZN) Announces Amazon Neptune Serverless

October 27, 2022 5:52 AM EDT

Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), today announced Amazon Neptune Serverless, a new serverless option for Amazon Neptune that automatically scales to support unpredictable and business-critical graph database workloads. Amazon Neptune is a fast, reliable, and fully managed service that makes it easy to build and run applications that need a graph database to efficiently store and query complex and highly connected datasets. Amazon Neptune Serverless includes Amazon Neptunes advanced capabilities for high availability, performance, and resiliency. There are no upfront commitments or additional costs to use Amazon... More

Amazon (AMZN) call put ratio 1.1 calls to 1 put into quarter results and outlook

October 27, 2022 5:08 AM EDT

Amazon (NASDAQ: AMZN) October weekly 115 straddle priced for a move 7.5% into the expected release of quarter results today after the bell.

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GDP Print, Apple Earnings, Amazon Outlook: 3 Things to Watch

October 26, 2022 3:50 PM EDT

By Liz Moyer

Investing.com -- Tech stocks werent able to overcome disappointing earnings by Microsoft (NASDAQ: MSFT) and Alphabet (NASDAQ: GOOGL) as investors fear signs of a global slowdown.

Digital advertising is slowing, cutting into revenue at social media companies and platforms that rely on that, such as Alphabets YouTube. PC demand is slowing, cutting into revenue for software and hardware makers. Consumers are... More

Amazon (AMZN) October weekly option implied volatility above 100 into quarter results

October 26, 2022 10:41 AM EDT

Amazon (NASDAQ: AMZN) October weekly call option implied volatility is at 118, November is at 55; compared to its 52-week range of 22 to 57 into the expected release of quarter results after the bell on October 27. Call put ratio 1.6 calls to 1 put.

... More

U.S. Stocks Mixed as Big Tech Outlooks Spark Growth Fears

October 26, 2022 10:03 AM EDT

By Liz Moyer


Investing.com -- U.S. stocks opened mixed as earnings from big tech disappointed investors.


At 9:43 ET (13:43 GMT), the Dow Jones Industrial Average was down 2 points, or flat, while the S&P 500 was down 0.7% and the NASDAQ Composite was down 1.8%.


Microsoft Corporation (NASDAQ: MSFT) reported the slowest revenue growth in... More

Amazon (AMZN) October weekly 120 straddle priced into quarter results

October 26, 2022 4:45 AM EDT

Amazon (NASDAQ: AMZN) October weekly 120 straddle priced for a move 7% into the expected release of quarter results after the bell on October 27.

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Amazon's (AMZN) Venmo Rollout an 'Important First Step'

October 25, 2022 11:48 AM EDT

Amazon (NASDAQ: AMZN) announced on Tuesday that it will begin offering PayPal's (NASDAQ: PYPL) Venmo as a new payment option for orders on Amazon.com and the Amazon mobile app.

The tech giant said Venmo will begin to roll out to select customers today and will be available to U.S. customers by Black Friday.

"We want to offer customers payment options that are convenient, easy... More

Amazon (AMZN) call put ratio 2 calls to 1 put into quarter results and outlook

October 25, 2022 11:13 AM EDT

Amazon (NASDAQ: AMZN) October weekly call option implied volatility is at 98, November is at 55; compared to its 52-week range of 22 to 57 into the expected release of quarter results after the bell on October 27. Call put ratio 2 calls to 1 put.

... More

Amazon (AMZN) Offers Customers a New Way to Pay This Holiday Season With Venmo (PYPL)

October 25, 2022 9:02 AM EDT

(Updated - October 25, 2022 9:05 AM EDT)

Today, Amazon (NASDAQ: AMZN) announced that it will begin offering Venmo as a new payment option for orders placed on Amazon.com and the Amazon mobile app. This convenient, simple, and secure payment method will give Amazon customers even more choice during the checkout experience. It will also provide the Venmo community with another store to shop for their holiday gifts using... More

Dow Futures Slide 130 Pts as Investors Await Big Tech Earnings

October 25, 2022 7:17 AM EDT

By Noreen Burke


Investing.com -- U.S. stock futures were pointing to a slightly lower open on Wall Street on Tuesday as investors awaited high profile earnings from some big tech names which should give insight into the health of the economy.


At 06:54 ET (10:54 GMT), the Dow futures contract was down 130 points, or 0.4%, S&P 500 futures traded 13 points, or 0.3%, lower, and Nasdaq 100 futures edged down 0.1%.


The main U.S. indices rose broadly on Monday after data showing that U.S. business activity contracted for a fourth straight month raised hopes that the... More

Amazon (AMZN) call put ratio 1.4 calls to 1 put into quarter results

October 25, 2022 5:30 AM EDT

Amazon (NASDAQ: AMZN) October weekly 120 straddle priced for a move 7.5% into the expected release of quarter results after the bell on October 27.

... More

Amazon.com (AMZN) PT Lowered to $150 at Deutsche Bank

October 25, 2022 5:07 AM EDT

Deutsche Bank analyst Leo Horowitz lowered the price target on Amazon.com (NASDAQ: AMZN) to $150.00 (from $175.00) while maintaining a Buy rating.... More

Stocks expected to have increasing option volume: AMZN TWTR UPS KO INTC BA

October 25, 2022 4:50 AM EDT

Stocks expected to have increasing option volume: AMZN TWTR UPS KO INTC BA

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