Don’t waste your time – keep track of how NFP affects the US dollar!

Thank you for visiting our website

The ASIC policy prohibits us from providing services to clients in your region. Are you already registered with FBS and want to continue working in your Personal area?

Personal area

Facebook like

Amazon's sales surge 44%!

Amazon's sales surge 44%!

Updated

What happened

Amazon surprised observers with unexpectedly strong sales performance and resulting profits: the company made 44% more sales in Q1'2021 than in the previous year's same quarter. Earnings were almost 50% greater than expected, with the actual number of $15.79 per share against the forecast of $9.54. The revenue was $108.52 billion vs. $104.47 billion expected. Also, it confirmed that this year's Prime Day will take place in June.

What does it mean

Fundamentally, it means that the company's mid-term and long-term outlook is positive for this year. Everything is going according to the plan so the upside is a likely scenario for the stock price.

Technically, the positive report helped the stock to challenge the previosly set all-time high of $3,500 so as the market opens today, bulls will likely continue the push and lift the stock further upwards.

                 Remember you can trade stocks in Metatrader 5 or FBS Trader app!

AMAZONDaily.png

                                                                                    LOG IN

Deposit with your local payment systems

Feel the Team Spirit

Got questions? FBS Oceania Customer Support is ready to help!

Contact us via email at support@fbsaustralia.com