Google Shines, But Other FAANG Stocks Underperformed in 2021
FAANG stocks have been struggling to extend the upside momentum into 2021 as four out of five FAANG components are still struggling to generate positive returns so far this year. Apple (NASDAQ: AAPL) is down 2% year to date while Amazon (NASDAQ: AMZN) and Facebook (NASDAQ: FB) are also in the red since the beginning of this year.
Large Tech Stocks Sets Bullish Tone for NASDAQ Index in 2021
Investor’s strategy of capitalizing on tech stocks selloff is helping in building a new momentum in the NASDAQ index, which is likely to continue for the next few months because the majority of big tech and information technology companies are seeing bright prospects ahead.
Concerns Are Still High on Netflix Despite Topping Estimate
Investors rush to buy Netflix (NASDAQ: NFLX) stock after fourth-quarter earnings as the largest streaming giant has topped subscribers growth estimates by more than 2 million additions, bringing the full-year subscribers to an annual record of 37 million.
Amazon stock is set for big gains as sales jump 37%
Amazon stock has been under pressure over the past few weeks amid the broader market volatility, but the latest sales report would help in enhancing bullish sentiments. Its third-quarter sales jumped 37% from the year-ago period, with expectations for similar growth in the final quarter.
Amazon Stock Offers a Buying Opportunity After the Dip, Analysts Say
Amazon stock price has been struggling to generate a sustainable upside momentum over the last month only due to broader market volatility. The shares of the world’s largest e-commerce company fell sharply from an all-time high of $3500 to around $3200 at present.
Amazon Stock: Jeff Bezos Sells Shares, But Analysts See More Gains Ahead
The chief executive officer Jeff Bezos has sold 454.3K shares in his company's common stock this week valued at $1.42bn. That represents 0.8% of his total holding. He sold shares on Monday and Tuesday at a price of around $3150 a share. The founder of the largest e-commerce company currently holds 55M shares.
Amazon Stock Retreats Despite Analysts Bullish Price Targets
Amazon stock price has been struggling to breach the previous all-time high of $3300 that it had hit last month. While the shares gained some momentum after the second-quarter beat on both revenue and earnings, investor's concerns over AWS revenue growth kept the laid on the stock.
Amazon Stock Hit Record $3000 Mark, But Analysts See More Upside
Amazon stock price is among the biggest winners of the pandemic as its shares have been rallying on consumer's shift towards online platforms. Its stock breached several records in the past two months. This week, the shares passed the $3000 milestone for the first time in history.
Standard and Poor’s 500 – Bullish Correction Or Bear Market ?
4 Hour Chart – S&P 500 29/04/2020 09:30am With the S&P 500 Index now up more than 30% from its low, the curious question of ‘is this still a bear market or a bull market correction?’ arises. From the offset it appears as though the S&P is undergoing a bull…