Amazon (AMZN) is set to report its Q4 2022 earnings on Feb. 2, as the company looks to deliver after a difficult year that rattled its stock. Here’s what Wall Street’s expecting to see from Amazon’s key numbers, as compiled by Bloomberg. Net Sales – $145.8 billion expected Online Stores Net Sales: $65.03 billion Physical Stores Net Sales: $4.93 billion Earnings Per Share (EPS): 17 cents expected Amazon Web Services (AWS) Net Sales: $21.76 billion expected Operating Income: $2.51 billion… Source link
Read More »What we’re watching on the ground at the World Economic Forum
Bring on the private jets, billionaires, pricey snow-boots, splashy nighttime parties, and climate change talks over coffee at the World Economic Forum (WEF) in Davos, Switzerland. The annual event returns to its mid-January time-slot for the first time since the COVID-19 pandemic began. The theme this year: Cooperation in a Fragmented World. The five-day confab, which begins on Monday, will attract the world’s elite from politicians to pop-stars. Some big names on the snowy grounds will… Source link
Read More »Six OpenAI Rivals Google and Microsoft Are Watching — The Information
Microsoft’s big bet on OpenAI, whose ChatGPT software can understand and generate conversational text, is starting to look like a stroke of genius. Microsoft plans to use OpenAI’s tech to improve results in Bing searches and help Word and Outlook customers automatically generate documents and emails using simple prompts, as The Information has reported. But OpenAI is far from the only startup developing software that can understand language and that larger tech companies such as… Source link
Read More »4 Top Tech Stocks For 2023 – I Am Watching Google, And These Smaller Caps (NASDAQ:GOOG)
Sundry Photography This year has been mainly unkind to investors, despite some successes. All three indices have experienced bear markets, and tech has borne the brunt after flying high in 2020 and 2021. Data by YCharts However, we don’t invest in year-to-date returns. Would it surprise you that the Nasdaq (QQQ) has outperformed the S&P 500 (SPY) and Dow Jones Industrial Average (DJI) over the last three years, five years, and ten years? It has, as shown below. Data by YCharts I know you’re… Source link
Read More »Here are the three factors analysts are watching
Coinbase Global (COIN) is set to release earnings after the market closes Thursday with Q3 potentially showing 2022’s worst quarter yet for spot market crypto trading venues. But not every analyst agrees how much weight investors will put into the company’s financials if it demonstrates growth in non-trading revenue. Here are Wall Street’s estimates compiled by Bloomberg: Revenue: $649.15 million Adjusted net income: ($520.52) million Adjusted EBITDA: ($212.95) million Adjusted earnings per… Source link
Read More »Black Swan Investor Is Watching for ‘Greatest Credit Bubble’ to Pop
(Bloomberg) — Mark Spitznagel is paid to be prepared for when the market’s weakest links are exposed in a big way. Most Read from Bloomberg Right now, the Universa Investments founder, whose fund aims to protect clients during black swan events, says the financial system is most vulnerable to “the greatest credit bubble of human history.” “If this credit bubble ever pops, it’s going to be the most catastrophic market failure that anyone has ever read about — but let’s hope that… Source link
Read More »‘It is like watching a plane crash’ — Michael Burry thinks the market has plenty of room to plunge. But he finally sees value in these 4 stocks
Michael Burry — the hedge fund manager depicted by Christian Bale in The Big Short — has been aggressively investing during this market downturn. Burry’s latest 13F filing for the first quarter of 2022 shows a broad range of new investments and some interesting strategic moves with options. That’s a significant shift from the previous quarter when Burry was selling most of his stock portfolio and calling for the “mother of all crashes.” He’s not exactly bullish on the overall… Source link
Read More »Evan McPherson upset coach by watching Dr. Dre
Evan McPherson had a stellar rookie season. The Cincinnati Bengals kicker connected on 84.8% of his field goals, including a 9-of-11 clip from 50-plus yards. He hit five game-winning kicks, with two of them arriving in the playoffs. In fact, he was perfect in the postseason, where he hit all 14 of his attempts to tie a record set by none other than Adam Vinatieri. But Bengals special teams coordinator Darrin Simmons is displeased. In fact, he’s still steaming over his kicker’s actions in the… Source link
Read More »Urgent Google warning for millions of Android users – these symbols mean someone is watching
Google is warning millions of Android users when apps might be spying on them. The new feature alerts users when the microphone or camera has been activated. It’s very similar to a warning that already exists on Apple’s rival iPhone. The Google feature was added to phones in the latest Android 12 update. So if you don’t have that, you won’t be able to see it. The new indicator appears in the top right corner of the screen. You’ll see a camera or… Source link
Read More »Analysis | The Technology 202: South Korea is targeting Google's and Apple's app stores. U.S. lawmakers are watching. – The Washington Post
with Aaron Schaffer Welcome to The Technology 202! The newsletter is taking a brief summer break next week. We’ll be back in your inboxes full time after Labor Day. Thanks for reading. A proposal in South Korea aimed at reining in the power of Google’s and Apple’s app stores could serve as a test case for U.S. policymakers actively considering similar measures — or prove to be a cautionary tale. A South Korean National Assembly committee on Wednesday voted to advance legislation that, if… Source link
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