stocks are trading like meme coins
Reply to @KobeissiLetter: BREAKING: Amazon stock, $AMZN, collapses over -12% after r | Hanami
stocks are trading like meme coins
Reply to @KobeissiLetter: BREAKING: Amazon stock, $AMZN, collapses over -12% after reporting weaker than expected Q3 earnings.
The stock has now erased -$315 billion worth of market cap in after hours trading.(Historical earnings: For 2026Q2 ended 2026-06-30, Amazon reported basic EPS of 8.64, diluted EPS of 8.53, and net income of USD 135.281 billion.
Consensus expectations: For 2026Q3 (event date 2026-10-29), consensus EPS is 1.9579 and consensus revenue is USD 202.203 billion.)