Nasdaq AMZN Amazon

Tech stocks were mixed Friday afternoon with the Technology Select Sector SPDR Fund (XLK) decreasing 0.6% and the Philadelphia Semiconductor index advancing 0.2%.

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Amazon.com AMZN delivered second-quarter 2023 earnings of 65 cents per share against a loss of 20 cents per share recorded in the year-ago quarter.AMZN’s net income, totaling $6.7 billion, is inclusive of a pretax valuation gain o

Wall Street rose and bond yields fell on Friday after July jobs data showed a slowing in the U.S. labor market with wage gains, while Amazon's stellar earnings countered Apple's tepid sales forecast.

What happened Shares of Amazon.com (NASDAQ: AMZN) were up 11.2% as of 11:02 a.m. ET Friday, according to data provided by S&P Global Market Intelligence, after the e-commerce and cloud computing giant announced better-than-expected second-quarter 2023 results.

Wall Street and other global markets were higher and the U.S. dollar and Treasury yields lower after a new government jobs report showed a slowing but still tight U.S. labor market.

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.44%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.52%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.43%. Stocks this morning are moderately higher. A smaller-than-expected increase...

Pre-market futures were essentially flat directly prior to the latest Employment Situation report from the U.S. Bureau of Labor Statistics (BLS): 187K new jobs were created in the month of July, below the 200K expected but 2000 po

In early trading on Friday, shares of Amazon.com (AMZN) topped the list of the day's best performing components of the S&P 500 index, trading up 9.3%. Year to date, Amazon.com registers a 67.7% gain.

Fintel reports that on August 4, 2023, Mizuho maintained coverage of Amazon.com (NASDAQ:AMZN) with a Buy recommendation. Analyst Price Forecast Suggests 14.16% Upside

Fintel reports that on August 4, 2023, Rosenblatt upgraded their outlook for Amazon.com (NASDAQ:AMZN) from Neutral to Buy . Analyst Price Forecast Suggests 14.16% Upside

Fintel reports that on August 4, 2023, Benchmark maintained coverage of Amazon.com (NASDAQ:AMZN) with a Buy recommendation. Analyst Price Forecast Suggests 14.16% Upside

Fintel reports that on August 4, 2023, Morgan Stanley maintained coverage of Amazon.com (NASDAQ:AMZN) with a Overweight recommendation. Analyst Price Forecast Suggests 14.16% Upside

Fintel reports that on August 4, 2023, Citigroup maintained coverage of Amazon.com (NASDAQ:AMZN) with a Buy recommendation. Analyst Price Forecast Suggests 14.16% Upside

Fintel reports that on August 4, 2023, JP Morgan maintained coverage of Amazon.com (NASDAQ:AMZN) with a Overweight recommendation. Analyst Price Forecast Suggests 14.16% Upside

Fintel reports that on August 4, 2023, Telsey Advisory Group maintained coverage of Amazon.com (NASDAQ:AMZN) with a Outperform recommendation. Analyst Price Forecast Suggests 14.16% Upside

Fintel reports that on August 4, 2023, B of A Securities maintained coverage of Amazon.com (NASDAQ:AMZN) with a Buy recommendation. Analyst Price Forecast Suggests 14.16% Upside

Fintel reports that on August 4, 2023, Evercore ISI Group maintained coverage of Amazon.com (NASDAQ:AMZN) with a Outperform recommendation. Analyst Price Forecast Suggests 14.16% Upside

Two measures of corporate and economic health were flashing red on Friday as shipping group Maersk reported a fall in global demand for sea containers and advertising giant WPP said clients in the U.S. tech sector were slashing their marketing spend.

September S&P 500 futures (ESU23) are trending up +0.35% this morning as strong results from retail giant Amazon boosted sentiment, while market participants looked ahead to the crucial U.S. nonfarm payrolls report.