$AMZN earnings - 10-26-23 Market Update

If you have a moment in the show that you think would make a good "clip", leave a comment. I'm going to try and do some shorts on YouTube. Get my algo and a special offer on Trendspider - ⁠⁠⁠⁠⁠https://trendspider.com?_go=gary93 ⁠⁠⁠⁠⁠ Get $50 off a year of Seeking Alpha.  ⁠⁠⁠⁠⁠https://www.sahg6dtr.com/2L9M597/R74QP/⁠⁠⁠⁠⁠ TESLA referral -Use my referral link to buy a Tesla and get up to $500 off and 3 months of Full Self-Driving Capability.  ⁠⁠⁠⁠⁠⁠⁠https://www.tesla.com/referral/gary82526⁠⁠⁠⁠⁠⁠⁠ Social Links and more - ⁠⁠⁠⁠⁠⁠⁠⁠https://linktr.ee/dailystockpick ⁠⁠⁠⁠⁠⁠⁠⁠ FREE NEWSLETTER WITH CHARTS - subscribe at ⁠⁠⁠⁠⁠⁠⁠⁠dailystockpick.substack.com ⁠⁠⁠⁠⁠⁠⁠⁠ SPONSORED BY VISIBLE - Check out this page: ⁠⁠⁠⁠⁠⁠⁠https://www.visible.com/get/?3P8FJPM⁠⁠⁠⁠⁠⁠⁠  $20 off your first month - only $5 for the first month Sign up for Webull and get free stocks like I did - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠https://a.webull.com/IStte9iTQnfaDYFoCt⁠⁠⁠⁠ Get AT&T Fiber at your home - I have 1GB service ⁠⁠⁠⁠⁠⁠https://www.att.com/referral/code/?ref=TVY-3964⁠⁠⁠⁠⁠⁠ NOTES $SPY 10 year bond rates Earnings  $MAT killed it - up 2% with results to $20.58 $IBM beat - up 2% - great quarter $NOW beat by a really big margin - went up 8% right after - it took a while to digest.  $META beat - initial reaction was DOWN - CRAZY - it went up by alot afterwards - lowering range of expenses in 2024 and reality labs is losing less - and they expect total revenue this year to be slightly down.  “We are very subject to volatility in the macro landscape,” Chief Financial Officer Susan Li said on a call with investors to discuss third-quarter results. “The revenue outlook is uncertain” for 2024. But Meta’s warning on potential global economic uncertainties that could impact revenue came alongside an expensive spending plan for 2024, mostly on AI infrastructure and talent. The company is also continuing its investment in the money-losing virtual reality division, known as Reality Labs. How to use AI to summarize and give you an outlook Analysis article $ARM - forgot to go over it yesterday since IPO article Berkshire bought more $oxy this week  $ORCL  Even with tech earnings - $SQQQ has been the trade  $META under $300 at the end of the day $AMZN released a beta of their Ads GenAI - put in a photo of the product and AI takes over.  https://x.com/ajassy/status/1717202362333606249?s=20 Social Requests Jackson from Instagram  Morning Gary, ive got a trade I would love you to take a look at. Company is planet fitness (PLNT). It’s in a renewed uptrend and I think it’s going to fill the gap up at $64. They have earnings coming up and may announce partnership or launch of a glp1 program (lifetime fitness recently did). Apparently those drugs require lots of exercise so you don’t lose muscle mass when you’re losing weight… anyhow hope you’re well! SCANS $MSFT $TGT $XLU $RIVN Great video on $SHOP and $GOOG - I don’t agree - but solid look - https://youtu.be/4fWoJbjKBtw?si=E-rwmgPErUTxHywr