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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.
Coca-cola co. (KO) stock has been winning this week after revenues are looking up. With the pandemic coming to an end, can coca-cola keep up the gains?
Two weeks on we see how the Deliveroo IPO went. Deliveroo (ROO) failed to deliver in its London IPO last month, with shares plunging as much as 30% in its first day of trading. CEO admits the end of lockdown will hit their growth. So is Deliveroo one to avoid?