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Amazon Earnings Preview, & Trending Reports from FB, AMD, and MCD | Free Lunch
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On today’s episode of Free Lunch, Associate Stock Strategist Ryan McQueeney recaps the latest earnings results from Facebook , AMD (AMD - Free Report) , and McDonald’s (MCD - Free Report) —all of which are moving markets on Thursday. Later, he dives into key estimates for earnings, revenue, cloud services, and physical store sales ahead of Amazon’s (AMZN - Free Report) earnings announcement.
Free Lunch is the newest show from Zacks Investment Research. It is streamed live, four times per week, and features breaking news and analysis from Zacks strategists. Free Lunch is available on YouTube, Facebook Live, Twitter, Ustream, and more.
Social media leader Facebook is on track for a historically bad day of trading after reporting disappointing earnings, revenue, and use growth results on Wednesday afternoon. The Mark Zuckerberg-led company is still grappling with a number of data- and security-related fiascos, and sluggish user growth on top of increased spending was enough to send investors running.
Meanwhile, graphics-chip maker AMD saw morning gains after reporting its most profitable quarter in seven years. The trendy GPU stock witnessed nice growth in the Epyc data-center product, and strength in the broader graphics market propelled results further.
Another major report today was that of McDonald’s, which posted global comps growth of 4%. McDonald’s also saw better-than-expected earnings and revenue results, although these figures were not enough to excite investors, and the stock dipped in early morning trading.
On this first half of today’s episode, Ryan recaps all of these reports and gives viewers his perspective on the latest earnings news!
Later, the host previews Amazon’s highly-anticipated report. As always, Amazon investors will be interested in hearing about growth from the Amazon Web Services unit, which happens to be one of the company’s key profit catalysts.
In recent quarters, Amazon has also broken out its physical store sales, so Ryan gives viewers the latest estimates on that figure as well. Make sure to check out the show to hear more!
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
Image: Bigstock
Amazon Earnings Preview, & Trending Reports from FB, AMD, and MCD | Free Lunch
On today’s episode of Free Lunch, Associate Stock Strategist Ryan McQueeney recaps the latest earnings results from Facebook , AMD (AMD - Free Report) , and McDonald’s (MCD - Free Report) —all of which are moving markets on Thursday. Later, he dives into key estimates for earnings, revenue, cloud services, and physical store sales ahead of Amazon’s (AMZN - Free Report) earnings announcement.
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Free Lunch is the newest show from Zacks Investment Research. It is streamed live, four times per week, and features breaking news and analysis from Zacks strategists. Free Lunch is available on YouTube, Facebook Live, Twitter, Ustream, and more.
Social media leader Facebook is on track for a historically bad day of trading after reporting disappointing earnings, revenue, and use growth results on Wednesday afternoon. The Mark Zuckerberg-led company is still grappling with a number of data- and security-related fiascos, and sluggish user growth on top of increased spending was enough to send investors running.
Meanwhile, graphics-chip maker AMD saw morning gains after reporting its most profitable quarter in seven years. The trendy GPU stock witnessed nice growth in the Epyc data-center product, and strength in the broader graphics market propelled results further.
Another major report today was that of McDonald’s, which posted global comps growth of 4%. McDonald’s also saw better-than-expected earnings and revenue results, although these figures were not enough to excite investors, and the stock dipped in early morning trading.
On this first half of today’s episode, Ryan recaps all of these reports and gives viewers his perspective on the latest earnings news!
Later, the host previews Amazon’s highly-anticipated report. As always, Amazon investors will be interested in hearing about growth from the Amazon Web Services unit, which happens to be one of the company’s key profit catalysts.
In recent quarters, Amazon has also broken out its physical store sales, so Ryan gives viewers the latest estimates on that figure as well. Make sure to check out the show to hear more!
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>