[av_heading heading=’Earnings Report for Twitter and Facebook this Week’ tag=’h3′ style=’blockquote modern-quote’ size=” subheading_active=’subheading_below’ subheading_size=’15’ padding=’10’ color=” custom_font=”]
Written by: Matthew McGuire
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Google began to toppled off on Friday, July 17 after hitting over 672 per share. The company witnessed record gains going into their peak, and have been experiencing a selling off period since July 17.
When Google starts to fall, Amazon begins to rise the following Thursday with impressive gains for the company. As a smart investor, one wants to buy at the optimal price. Consider picking up Google after another week of selling, and stock in Amazon as well. The Amazon stock has been continuing to climb all year.
Several of the major tech companies have been experiencing larger than average fluctuation in the stock market recently. This summer has been a hot time to get investing in the private sector.
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The Street reports that Amazon (AMZN) topped the S&P 500 on Friday, July 24 with a 10% gain after posting a profit during the second quarter.
Earnings per share came in at $0.19, while analysts polled by Thomson Reuters expected a $0.14 loss. Revenue totaled $23.2 billion – a 20 percent year-over-year jump.
It will be interesting to see how investors will react to this stock in the final week of July.
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[av_heading heading=’Facebook and Twitter Earnings Report’ tag=’h3′ style=” size=” subheading_active=” subheading_size=’15’ padding=’10’ color=” custom_font=”][/av_heading]
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Find out more on the earnings report from Twitter & Facebook set to be released in the last week of July 2015. The Street reports that on Tuesday, July 28 Twitter will announce a year-over-year rise in earnings and revenue in their upcoming report. Facebook is schedule their numbers on Wednesday.
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AT&T has been building a strong support with their 200-day moving average. The Street has shown with this graph the recent upward trend that the AT&T stock is currently showing. The company was up 3% on Friday, following earnings and news that the firm’s merger with DirecTV.
AT&T data chart. Image by: The Street
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[av_heading heading=’National News’ tag=’h3′ style=” size=” subheading_active=” subheading_size=’15’ padding=’10’ color=” custom_font=”][/av_heading]
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