Geopolitics Alpha

Amazon Stock Drops on Wall Street Miss, Despite Biggest Cloud Growth in Years

Published . Updated .

GEOPOLITICS ALPHAAmazon Stock Drops on Wall StreetMiss, Despite Biggest Cloud Growthin YearsAMZNGEOPOLITICS ALPHA

This report is about software.

Directly affected

  • AMZN Amazon Com+1.4% 30d

    Named in this report.

Indirectly affected

  • IGV iShares Expanded Tech-Software ETF+5.6% 9d

    iShares Expanded Tech-Software ETF: it holds software companies. Linked by “cloud” (software) in this story.

  • MSFT Microsoft+6.8% 30d

    Microsoft (prepackaged software): software firms move with business tech spending. Linked by “cloud” (software) in this story.

  • ORCL Oracle-4.2% 30d

    Oracle (prepackaged software): software firms move with business tech spending. Linked by “cloud” (software) in this story.

  • CRM Salesforce-0.2% 30d

    Salesforce (prepackaged software): software firms move with business tech spending. Linked by “cloud” (software) in this story.

  • GOOGL Alphabet-6.3% 30d

    Alphabet (computer programming, data processing, etc.): software firms move with business tech spending. Linked by “cloud” (software) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
AMZNNo price data for this ticker———————
IGVNo price data for this ticker———————
MSFTNo price data for this ticker———————
ORCLNo price data for this ticker———————
CRMNo price data for this ticker———————
GOOGLNo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Market Call

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Amazon Stock Drops on Wall Street Miss, Despite Biggest Cloud Growth in Years WSJ

Source: The Wall Street Journal

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This story

12 out of 100

“Amazon Stock Drops on Wall Street Miss, Despite Biggest Cloud Growth in Years” scores 12 out of 100. The score uses 1 sources.