We'll get Wall Street's reaction to Amazon earnings, Verizon earnings and consumer sentiment data on Friday.
Here are the most important things to know about Friday before you hit the door.reports third-quarter earnings after the bell on Thursday. The results will feature sales from Prime Day, where sales surpassed both Black Friday and Cyber Monday combined. The company is expected to show more signs of growth after it spent over $800 million investing in faster delivery over the past few quarters.
Amazon's stock down more than 11% in the past three months, but remains one of the most loved stocks on Wall Street. All 48 analysts that cover the stock recommend buying it.We'll get a read on the health of the consumer on Friday with October's consumer sentiment data. Sentiment in the U.S. rose more than expected in September to 93.2, as consumers felt more confident about current and future economic conditions, according to data released by the University of Michigan.
Investors will be looking for any signs on progress regarding 5G, which Verizon has started to trail in select markets. Half of the U.S. will be 5G accessible by 2020, Verizon CEO Hans Vestberg"The company recently announced new 5G cities including New York and we will look for an update on the 5G network deployment and any new timeframe for material revenue/EBITDA benefits," said Bank of America research analyst David Barden.10 a.m.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Amazon announces three new renewable energy projects, including its first in ScotlandThe firm wants to increase its uses of renewable energy.
Lire la suite »
Without deal, WeWork would have been out of money next Friday, sources sayWeWork announced Tuesday that SoftBank will provide $5 billion in new financing and up to $3 billion in a tender offer for existing shareholders.
Lire la suite »
‘Once Upon A Time In Hollywood’ To Be Re-Released This Friday With Four New ScenesThere was always talks that Quentin Tarantino would add more scenes to his Once Upon a Time in Hollywood following its premiere at Cannes, finally, here it is, a new cut, just in time for awards se…
Lire la suite »
Facebook to debut ‘News Tab’ product on Friday, company says
Lire la suite »
South Korea to start Samsung heir Lee's bribery trial on FridayA bribery trial involving the heir of South Korea's Samsung Group will star...
Lire la suite »
How To Get Free Ben & Jerry's Next FridayBy November 1, you’ll likely have had your fill of Halloween candy, so plan to switch it up with some free – and dairy-free – ice cream goodness.
Lire la suite »