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Amazon's stock dropped by up to 6% in after-hours trading following the company's release of third-quarter sales guidance that fell short of analyst estimates. The company forecasted sales between $154 billion and $158.5 billion, below the $158.43 billion expected.
Despite exceeding earnings...
Federal Reserve Rate Decision: The Federal Reserve will announce its latest rate decision on Wednesday, with no changes expected to the current 5.25%-5.5% range.
Big Tech Earnings: Apple, Meta, Amazon, and Microsoft are set to report earnings this week.
Additional Earnings Reports: Updates are...
Nike's (NYSE: NKE) stock reached an all-time high of $172.49 on November 5, 2021, buoyed by its strong recovery from the pandemic, the growth of its Nike Direct business, and robust sales in China. However, the stock is now trading nearly 60% below that peak. The following four charts explain...
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