Worked out pretty good for MSFTPromoting the founder of AWS is a strong message about the direction of the company.
Here are the results:Amazon doubles their EPS estimate and is barely up after hours.
PLEASEMaybe they should split the stock. Seems capped out.
Split the stock and announce an infrastructure week.Maybe they should split the stock. Seems capped out.
Yep. It's no accident they make that announcement while crushing earnings.Have to think some are going to head for the hills with no Bezos.
Beer goggles, IMOMTCH getting hammered. Might have to look closer at it tomorrow.
I wonder if this becomes a possibility again with Bezos out. Wasn't he the one that was opposed to it?Maybe they should split the stock. Seems capped out.
That’s my understanding.I wonder if this becomes a possibility again with Bezos out. Wasn't he the one that was opposed to it?
I think the Bezos change probably scares people but he’s probably been planning this. Jassey is the perfect guy for the job. Well liked, has been head of AWS forever and is Bezos’ right hand guy. Honestly, I don’t think it changes anything.Amazon doubles their EPS estimate and is barely up after hours.
Dividend stocks don’t have 44% revenue growth for the quarter. $385B in revenue for 2020, 37.5% complete year over year growth. That’s impressive growth for one of the world’s largest companies. That’s faster growth than some of the tech stocks I own that sell for 20-30-40 times revenue. Amazon is at a little over 4 times revenue. Not saying they should trade at a higher multiple just that they aren’t close to slowing down to be a dividend play.
Lol. Talk about a zit on the ### of an 800 lb gorilla."California’s $441 billion public pension fund increased its stake in bitcoin miner Riot Blockchain (RIOT) nearly sevenfold in last year’s Q4 amid the meteoric run-up in the price of bitcoin.
California Public Employees' Retirement System (CalPERS) held 113,034 shares in RIOT worth over $1.9 million at the end of 2020, according to Tuesday filings. That's up from Q3 2020, when CalPERS' 16,907 RIOT shares were worth a comparatively minuscule $49,000.
The largest public pension fund in the U.S. had been holding firm on its nearly 17 thousand RIOT shares since acquiring them during the bull run in late 2017. That position seldom varied until now."
I'm liking this the more I think/read about it. Bezos has run this company day-to-day for 27 years and has multiple other ventures. Hopefully the reporting he will mostly be involved with newer ventures isn't just spin. AWS is the future so Jassy makes perfect sense. It will be interesting if/how management of the older businesses changes.I think the Bezos change probably scares people but he’s probably been planning this. Jassey is the perfect guy for the job. Well liked, has been head of AWS forever and is Bezos’ right hand guy. Honestly, I don’t think it changes anything.
Great results overshadowed, but the stock will run.
Surely Jassey will make more than 2-3 decisions a day. Glad to see Bezos sent to the pasture.I'm liking this the more I think/read about it. Bezos has run this company day-to-day for 27 years and has multiple other ventures. Hopefully the reporting he will mostly be involved with newer ventures isn't just spin. AWS is the future so Jassy makes perfect sense. It will be interesting if/how management of the older businesses changes.
Some FishNBeer dude mentioned that Bezos only has three ideas a day so I’m assuming Jassey and others were already the COOs. Bezos will likely still be about as involved as he was without having to do any day to day.I'm liking this the more I think/read about it. Bezos has run this company day-to-day for 27 years and has multiple other ventures. Hopefully the reporting he will mostly be involved with newer ventures isn't just spin. AWS is the future so Jassy makes perfect sense. It will be interesting if/how management of the older businesses changes.
Surely Jassey will make more than 2-3 decisions a day. Glad to see Bezos sent to the pasture.
Lol. So predictable, you posted while I was typing and I knew exactly what you’d say.Surely Jassey will make more than 2-3 decisions a day. Glad to see Bezos sent to the pasture.
Na,na,na,na,na na,na,na, LEADER!!!"Revenue at AWS climbed to $12.7 billion from $9.95 billion a year earlier, below the $12.83 billion consensus estimate among analysts polled by FactSet."
And they're (AWS) losing their leader.
It's just a day trader trying to day trade a stock that hasn't panned out.I really don't understand the bezos criticism.
I'd also assume Jassy would be a bit more interested in going out to evangelize the stonk more than Bezos feels like. That seems to matter.Some FishNBeer dude mentioned that Bezos only has three ideas a day so I’m assuming Jassey and others were already the COOs. Bezos will likely still be about as involved as he was without having to do any day to day.
I demand more than my 243%I really don't understand the bezos criticism.
You're being short-sighted. BTC and derivatives were viewed as not being investment grade not all that long ago. Making inroads in corporate treasuries, pensions, endowments, etc is a tremendous gain for the asset.Lol. Talk about a zit on the ### of an 800 lb gorilla.
Huge news everyone, CalPERS portfolio is 0.0004% RIOT. Just to clarify, I already multiplied by 100 to get it to a percent. Probably had to buy more so that the daily report stopped failing with a divide by zero.
If my portfolio was worth $100M (it isn’t, but I can dream) and I had the same ratio of RIOT, I’d have a little over $400 worth.
I don’t think we’ll see any changes early, but it will be interesting to see if they have different styles. Bezos really wasn’t a limelight type of guy.I'd also assume Jassy would be a bit more interested in going out to evangelize the stonk more than Bezos feels like. That seems to matter.
I really don't understand the bezos criticism.
Amazon is lagging the major indices by 10% or so over the last half year.I demand more than my 243%
Tokopedia has pretty much already said they are prepping to go IPO. I have no idea what that pop was, but a bunch of SPACs jumped at the end of the day. Saw some rumors about people jumping out of the heavily shorted stocks into SPACs, but who knows.So BTWN just went ape#### about 15 minutes before close (20+%). It was one of the SPACs that's been discussed here. I think it's the Thiel SPAC (why I bought it - he's a heavyweight). I've been looking and I see nothing concrete - just pretty wild speculation over getting Tokopedia.
So basically just money sloshing around in a bathtub. I was hoping to hear that it had landed a good candidate. I still like the issue because of who is behind it.Tokopedia has pretty much already said they are prepping to go IPO. I have no idea what that pop was, but a bunch of SPACs jumped at the end of the day. Saw some rumors about people jumping out of the heavily shorted stocks into SPACs, but who knows.
I caught that, too. Somebody knows (or thinks they know) something about BTWN.So basically just money sloshing around in a bathtub. I was hoping to hear that it had landed a good candidate. I still like the issue because of who is behind it.Tokopedia has pretty much already said they are prepping to go IPO. I have no idea what that pop was, but a bunch of SPACs jumped at the end of the day. Saw some rumors about people jumping out of the heavily shorted stocks into SPACs, but who knows.
Looks like they’re merging with REE autos, an Israeli EV company.VCVC is up 40% after hours... over $15... but I couldn't find any information... not that I am complaining.