Luukas Komu
AMAZON and ESTEE LAUDER Earnings $AMZN (Amazon.com Inc) delivered amazing numbers, as expected. Or, to be fair, even better. Revenue +13.3% Earnings +33,3% AWS growth + 20.2% Great results. Especially AWS growth re-accelerating to over 20% is something that is very bullish. It’s the number Wall Street cares the most. The future looks really good for AMZN. $EL (Estee Lauder Companies Inc) came out with their report last night. The business is in a turnaround phase, and right now the numbers aren’t that good, to be honest. Revenue -8.2% Earnings +92.4% Earnings looks great when starting at the numbers, and they have been able to do good cost-cutting measures. The company needs to get back to solid revenue growth, and then we can talk about EL stock going up significantly. I remain confident the business will all the way through 2026 and continue in 2027. $SPX500 $SPY (State Street SPDR S&P 500 ETF) $NSDQ100 $QQQ (Invesco QQQ)
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