Shares of amazon were up more than ten % on friday after second quarter revenue came in higher than expected. Guidance for amazons currant quarter was up beat, which is pretty key when you think about how important the second half of the calendar year is for this business. The stock is still down 27 % from its 52 weeks high, even after this week's pop.
Apple, Microsoft, Alphabet, and Amazon provide a welcome lift to the market.
(0:30) Andy Cross and Ron Gross discuss: - The Fed raising interest rates and GDP contracting - Apple and Amazon surprising to the upside - Microsoft's cloud division delivering again - Shopify's relative attractiveness as a stock - Meta Platforms warning investors
(19:45) Andy and Ron discuss Chipotle's impressive ability to raise prices, as well as: - McDonald's stock closing in on a new high - The war on cash with Visa and Mastercard - Diageo wrapping up a strong year - The latest from Etsy and Roku - Unilever shutting down the Choco Taco - Two stocks on their radar: Masimo and NextEra Energy
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Stocks discussed on the show: AAPL, AMZN, MSFT, GOOG, GOOGL, SHOP, META, CMG, MCD, ETSY, ROKU, V, MA, DEO, UL, MASI, NEE
Host: Chris Hill Guests: Andy Cross, Ron Gross Engineer: Dan Boyd
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