- Investing Journal
- Posts
- 📈 AMZN Jumps as Profits Triple
Unlocking the Power of Profit Multiples. Today’s edition is brought to you by Flippa - The World’s #1 Marketplace to buy and sell businesses.
Good Morning!
First up, Amazon's stock jumped a whopping 5.4% because their profits tripled to a cool $10 billion, all thanks to some AI wizardry in the clouds. We've also got a little piece of wisdom from the Oracle of Omaha himself, Warren Buffett. He's pointing us toward a stock that's practically handing out dividends like candy on Halloween.
And if you're curious about the cybersecurity world (and who isn't with all these digital shenanigans going on?), we've got the lowdown on what's cooking in that industry, plus some hot ETFs to consider. We've got eight nifty tips on how to pump up your net worth before that retirement party starts. You know, because a little extra cash always comes in handy when you're living the good life.
Grab your Instant Hazelnut Coffee and let's get into it! ☕️👇️
Coffee submitted by Roger- Send us your favourite order to win free Investing Journal Premium!
Meet Ben Zogby, a Boston entrepreneur who transformed his side hustle into a $1.8 million exit on Flippa.
Ben's exit journey with Flippa:
🚀 Grew through quality content & expert advice
🏷️ Built his business to sell
📝 Collaborated closely with Fiona, a Flippa M&A Advisor
💰 Ignited a bidding war on Flippa , boosting the exit price by $300,000
Join Ben and countless other entrepreneurs who have successfully sold their business with Flippa.
From our partners
Markets
Oil falls, markets hold steady as Israel launches Gaza ground offensive (5 minute read)
Oil futures had a bit of a rollercoaster ride last night as the world held its breath after Israel's ground offensive in Gaza. Stephen Innes over at SPI Asset Management is also giving us a little reality check. He's saying, "Don't get too comfy, folks. This is probably gonna be a marathon, not a sprint, with lots of false alarms along the way."
Investing
Investing in Cybersecurity: An Overview of the Industry and ETFs to Consider (6 minute read)
Picture this: we're dealing with a sneaky, invisible enemy that doesn't care about borders or boundaries. Cybersecurity used to be just an IT thing, but now it's a worldwide problem affecting everyone from your grandma's email to giant corporations and even entire nations. With cyberattacks on the rise, it's time to beef up our digital defenses. So, let's dive into the exciting world of cybersecurity and check out some Exchange Traded Funds (ETFs) that let you invest in the heroes fighting these digital baddies!
Amazon Stock Jumps 5.4% as Profits Triple to $10B on AI-Driven Sales in Cloud (1 minute read)
Amazon is on fire, and I'm not talking about their delivery drones! This tech titan just crushed it in the latest earnings report. Their quarterly profit skyrocketed to a jaw-dropping $9.9 billion, which is more than triple what they made just a year ago. Talk about raking in the big bucks! Wall Street expected $6.05 billion, but Amazon said, "Hold my drone," and beat those expectations like a pro. As a result, Amazon's stock (AMZN) is all set to open up 5.4% on Friday. Looks like demand for their AI-powered services is soaring high, and so is their stock!
1 Warren Buffett Stock to Buy Simply for the Dividend (4 minute read)
Warren Buffett, the Oracle of Omaha, is basically the biggest cheerleader for dividend stocks you'll ever meet. In his recent letter to Berkshire Hathaway shareholders, he spilled the beans on the "secret sauce" behind his company's mind-blowing success over the years, and it's all about those trusty dividend-paying stocks. Take Coca-Cola (KO), for instance. Buffett can't stop singing its praises. The annual dividends from this soda giant have gone from a measly $75 million in '94 to a whopping $700 million today! All Berkshire had to do was sit back, chill, and let the cash flow in.
Money
8 Tips To Increase Your Net Worth Before Retirement (5 minute read)
Now, I know, thinking about boosting your net worth right on the cusp of retirement might seem like the last thing you'd want to do. After all, it's like you're almost at that lifelong finish line, right? But here's the scoop: making a few moves to supercharge your net worth can be your secret weapon for a comfier retirement. It's like building a plush financial cushion for those golden years, ensuring you've got the moolah to handle living it up, those sneaky healthcare costs, and any surprise cash curveballs that life might throw your way. So, even though the retirement party's just around the corner, let's not forget to stash a little extra dough for the festivities!
🐥
Best of Twitter
📊
Poll Results
Have you ever bought Bitcoin before?
"18 times and counting! I'm a crypto enthusiast, and Bitcoin has been quite the ride. 🚀💰"
🟩🟩🟩🟩🟩🟩 ✅ - Yes, I have!
🟨🟨🟨🟨⬜️⬜️ ❌ - No, never.
🟨🟨🟨🟨⬜️⬜️ 🤷♂️ - I've thought about it but haven't taken the plunge.
⬜️⬜️⬜️⬜️⬜️⬜️ 📉 - I used to own some, but sold it.
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!
👀