📈 Amazon's Prime Earnings

Advertise with us | Our Newsletters | Your Rewards

Good Morning!

So, the first quarter GDP report might have seemed a bit shaky, but that didn't stop the stock market from soaring - the Dow Jones Industrial Average went up more than 500 points! Plus, we've got three semiconductor stocks that you'll definitely want to keep your eye on.

And that's not all - we've also got the latest scoop on Amazon's earnings report, which smashed Wall Street's expectations, and Intel's earnings report, which surprised us all with better-than-expected losses.

Get ready to level up your investment game - let's dive in!

Markets

📈 Here’s why the stock market had such a massive rally Thursday (3 minute read)
The GDP report for the first quarter seemed weak, but the investors didn't let that dampen their mood. They shifted their focus towards the long-term possibilities of economic growth, interest rates, and inflation - they seem pretty sure about the quarter percentage point interest rate hike next week by the Federal Reserve. As a result, the stock market soared with the Dow Jones Industrial Average going up more than 500 points in the last hour of trading on Thursday.

Investing

☁ Amazon Stock Rises and Falls Amid Earnings Beat On Worries Over Cloud Computing (4 minute read)
Amazon’s (AMZN) first-quarter earnings report surpassed Wall Street targets. Sales for Amazon Web Services in the first quarter increased by 16% to $21.4 billion, which is still impressive, but not as much as the 37% growth in the previous year. Analysts expected growth of 15% for March, so they still did better than expected. However, on the Amazon earnings call, management mentioned that AWS saw slower growth in April compared to the first quarter. Initially, Amazon stock rose by 12%, but shares fell by 2% on the news of an AWS slowdown.

💾 Intel reverses earlier losses to trade higher after positive earnings call (3 minute read)
Intel (INTC) has just reported its earnings, and they did better than expected! They reported a loss per share of $0.04, which is way better than the expected loss per share of $0.16. Intel shares are already trading about 4% higher in pre-market. However, there is a small glitch - gross margin was 38.4%, down by 14.7 ppts year-over-year, and 0.6 ppt below the company's January outlook. But hey, that's not stopping the market from celebrating this win.

⚡ 3 Semiconductor Stocks For Your Late-April 2023 Watchlist (5 minute read)
The semiconductor industry is like the glue that holds our tech-savvy world together. These tiny electronic components might be small, but they play a huge role in various products. That's why investing in semiconductor stocks could be a great idea! And, we've got three semiconductor stocks that you might want to watch out for in the stock market. The first one is NVIDIA Corporation (NVDA), the second is Intel Corporation (INTC), and the third is Advanced Micro Devices, Inc. (AMD).

Money

💰 14 Ways to Invest That Don’t Involve the Stock Market (6 minute read)
We all know that when it comes to investing, most of us have our eyes glued to the stock market. But, did you know that there are other ways to invest your hard-earned cash besides stocks, mutual funds, and exchange-traded funds? Yup, you heard that right! And actually, it's a smart move to diversify your portfolio with investments that don't move in sync with the stock market. So, if you're too scared to invest in stocks, or you simply want to mix things up a bit, keep reading.

🐥

Best of Twitter

Thanks for reading, if you enjoyed, tell your friends!

P.S: If you're interested in crypto and web3 - check out our new newsletter, The Crypto Journal!

Share The Investing Journal with your friends to receive rewards!