Amazon Flops on Earnings and sees Slowest Growth Since Dot-Com Bust
Uniic Media Newsletter - Friday - April 29, 2022
Amazon Shares Crash on Slowest Growth Since Dot-Com Bust
Amazon shares dropped as much as 10% in after-hours trading yesterday after the company issued a revenue forecast that trailed analysts’ estimates. Some of the key points to focus on were:
EPS: $7.38 vs. $8.36 Expected
Revenue: $116.44 Billion vs. $116.3 Billion Expected
Amazon Web Services: $ 18.44 Billion vs. $18.27 Billion Expected
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A Reuters poll from last year shows that among 46 countries polled, the U.S. ranks last in media trust. The big media is backed by money and only pushes agendas. I mean seriously, we have conservative networks making fools of themselves. We have liberal networks who are blatant hypocrites. We aren’t your traditional media…
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Biden Requests $33 Billion in Additional aid for Ukraine through September
Yesterday President Biden asked Congress for $33 Billion in additional spending to aid the support of Ukraine. This adds to an already existing absurd about U.S. funding for the war against Russia. The ridiculous request includes over $20 Billion for weapons, ammunition, and other military assistance tools. It also includes an additional $8.5 Billion in direct economic assistance and $3 Billion for humanitarian and food security.
U.S. GDP tallies -1.4% in Q1
Data from the Bureau of Economic Analysis released this morning shows that the United States GDP declined at an annualized rate of 1.4% from January to March. The reversal indicates a growing concern for a possible recession as last year we witnessed strong growth.
Twitter just Reported Earnings for the Q1 of 2022
In what could be one of its last reports as a public company after its board agreed to sell to Elon Musk for $44 Billion, here are the key numbers:
EPS: $0.04 vs. $0.03 Expected
Revenue: $1.2 Billion vs. $1.23 Billion Expected
Monetizable Daily Active Users: 229 Million vs. 226.9 Million Expected
Shares of Twitter also rose 1.1% yesterday.