FAANG is the only thing holding up the S&P. What do the earnings report of Google, Facebook, Amazon, Microsoft, and Apple look like this week?
FAANG is the only thing holding up the S&P. What do the earnings report of Google, Facebook, Amazon, Microsoft...
Bentley Wood
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Camden Murphy
S&P without Amazon
Chase Cooper
>poor earnings for Facebook and Google
unironically bullish for BAT.
Julian Phillips
Sort of a watershed moment.
Bull run will definitely go on into Wednesday afternoon, but if earnings reports for Facebook, Amazon & Microsoft don't put the brakes on this rally, nothing is going to. In that case next stop is the $MOON and bears can should go long in $ROPE.
Jayden Sanders
made a huge bet on the market collapsing then the fed announced they were buying junk bonds and I got fucked. My only chance is FAANG failing to meat expectations or giving negative forward guidance.
Usually don't risk so much, but I felt sure the market would fall. Didn't count on the fed though.
Ian Hall
AMZN and MSFT (Cloud, Teams) = Profit
Co.s who depend on advertising = Fucked
AMZN in particular (Retail & Cloud) to be spectacular
Oliver Sullivan
>AMZN in particular (Retail & Cloud) to be spectacular
Cloud is a fucking meme. It only makes up a small percentage of GOOG and AMZNs revenue. I can't find the numbers for microsoft, but I doubt it's any differnt.
Just ~1.25% of GOOGs revenue last year
Nolan Wright
AMZN is about 10% cloud, but they're by far the industry leader in the space.
Samuel Sanders
That's because Google cloud sucks donkey nuts. AWS and Azure to a lesser extent (AMZN and MSFT) are massive.
Adam Williams
This. GOOG is an ad company like FB