After market today, (AMZN) reported another blow-out quarter, especially in its cloud services, which climbed 81% in revenue. AMZN stock soared to above $570 at one point! (V) shares popped more than +7% as its earnings vaulted 25%. (SBUX) reported quarterly profits that increased 22%, sending its shares up more than +5% this evening. Between these three companies, you can see that consumers are still spending money!
(JNPR) shares vaulted more than +10% as the company reported earnings of 53 cents per share vs. the consensus of 40 cents per share. (TRIP) shares fell 9.5% as it missed its earnings estimates.
(SWKS) gained +2.82% in after-hours trading on top of today’s +3.48% gain during the regular session. Skyworks reported earnings of $1.34 per share, beating the estimate of $1.28 per share by 6 cents. Its forecast for next quarter is also better than expected.
We are going to digest these numbers and will be trading some of these names or other names in the same sector.Â
Good night and HappyTrading! ™
