Amazon.com

Amazon, Facebook, and Google Earnings - Who Won?

1 670
This chart shows the immediate reactions of Amazon, Facebook, and Google earnings. Who won? Facebook is at all-time highs during this writing. It's also trading higher by more than 6%. The initial Amazon reaction is +4% and Google is +1%.

Here's a breakdown of each report. These earnings report snapshots com courtesy of LiveSquawk:

Amazon Q2 20 Earnings:
- Net Sales: $88.9B (exp $81.24B)
- EPS: $10.30 (exp $1.46)
- Sees Q3 Net Sales $87.0B To $93.0B (exp $86.51B)
- Created Over 175,000 New Jobs Since March

Alphabet Q2 20 Earnings:
- Revenue Ex-TAC: $31.60B (exp $30.45B)
- EPS: $10.13 (exp $8.21)
- YouTube Ads Revenue: $3.81B (exp $3.76B)
- Google Properties Revenue: $25.1B (exp $24.55B)
- Quarterly Decrease In Revenues 2% Y/Y

Facebook Q2 20 Earnings:
- Revenue: $18.69B (exp $17.31B)
- EPS: $1.80 (exp $1.39)
- Monthly Active Users: 2.70B (exp 2.63B)
- Daily Active Users: 1.79B (exp 1.74B)

The Facebook reaction says a lot to me and I have long been impressed with their sneaky entry way into online sales with Facebook Marketplace. I think next they will try to create a search engine that rivals Google. Of these three tech companies, it would seem Facebook has the most potential.

That's just my opinion.

What are your thoughts?

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