Amazon (AMZN) has been on the watch list for a while now, leading the pandemic field e-commerce boom. This week has been big for earnings reports. Amazon reported impressive revenues for the first-quarter on Thursday. Both the first and projected second quarter revenues far exceeded expectations putting the spotlight on the e-commerce giant. Amazon’s profits have been surging through the pandemic and now boasts 200 million Prime members worldwide. Let’s dive into the details and see why Amazon stock is still a buy.
Over one year Pinterest stock price has increased a massive 233%. Over the past three months Pinterest has increased by 62.4% compared to the market average of just 11%. While the image based social media platform is seeing healthy growth, is it time to buy?
Facebook has been on the front pages more than once recently, but how does this affect stock prices? The company has shown it is robust, powering through the pandemic and a high-profile boycott this year. Its Q3 earnings suggest nothing can stop its path, however, with the antitrust lawsuits filed by the US government, will we see a turn around?