Yesterday $GOOGL Tonight $AMZN.
Google after-hours once dropped more than 10%,
reaching a low near $287,
closing around $292,
dropping more than $30 straight from $325.
Will Amazon tonight also have a big plunge like Google did yesterday?
To be blunt:
Most likely Amazon will also have a big plunge today.
The two companies face very similar problems:
1) The money printing machine has slowed down, below expectations;
2) Free cash flow issues;
3) Both are working on AI, burning money, capital expenditures have to double.
The data shouldn’t look bad, but the market isn’t buying it.
Can only envy $SKHY Hynix.
Just saying, don’t take it seriously.
Amazon(AMZN)本季度财报会超预期吗?
607K vol
Yes 57%
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