These are a bit worrying:The company said it expects operating profit for the current quarter to be between $0 and $3.0 billion, short of $6.9 billion Amazon posted the year prior.And expenses expected to rise a fair bit too.
Amazon badly misses on earnings and revenue, gives disappointing guidance
Seems like one major uncertainty is removed. The path forward for a Santa Claus rally should be clear. Let’s go, reindeers! Let us all have a Merry Merry Christmas 🎄
Wall St ends higher; Fed to end bond purchases in March
FB seems to be losing users in the US and in most developed countries but this is offset by many developing countries which use FB for its marketplace- Vietnam, Philippines, Indonesia. Question is always sustainability of users and user growth. I certainly have given up on my FB account many years back and the younger generation aren’t really into FB either
Hopefully this delay is merely negotiations tacticsand Congress has the sense not to let the US default which would be disastrous and cause markets worldwide to nosedive
Debt ceiling debates in Congress, consumer confidence: What to know this week