Jim Cramer Over The Moon About How Amazon's Q3 'Came Together' As He Praises 'Unreal' Earnings Call
Portfolio Pulse from Shanthi Rexaline
Amazon's Q3 results have impressed CNBC Mad Money host Jim Cramer, leading to a 7% rise in premarket trading. The company's AWS deals are increasing, with more deals signed in September that were not reflected in Q3 results. However, Cramer warned that rising bond yields could curb optimism towards Amazon's stock.
October 27, 2023 | 12:04 pm
News sentiment analysis
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POSITIVE IMPACT
Amazon's Q3 results and increasing AWS deals have led to a rise in stock price, but rising bond yields could curb this optimism.
The positive Q3 results and increasing AWS deals are likely to boost investor confidence and drive up the stock price. However, rising bond yields could make stocks less attractive, potentially limiting the rise in Amazon's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Microsoft's Cloud revenue growth accelerated after two years of deceleration.
The acceleration in Microsoft's Cloud revenue growth could boost investor confidence and potentially lead to an increase in the stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
Alphabet reported below-consensus Cloud growth in Q3.
Alphabet's below-consensus Cloud growth could negatively impact investor confidence and potentially lead to a decrease in the stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50