Stocks making the biggest move premarket: AMZN, GOOGL, INTC, CL, MCO & more

Check out the companies making headlines before the bell: Amazon.com – Amazon reported quarterly profit of $5.75 per share, well above the consensus estimate of $3.14 a share. The Street appears to be focusing on revenue that came in below forecasts, however, as well as disappointing fourth-quarter guidance. Alphabet – Alphabet earned $13.06 per share … Read more

Here’s what every major analyst had to say about Amazon’s plunge

Amazon’s stock was diving Friday, a day after the e-commerce giant reported disappointing third-quarter revenue and gave lower guidance for the quarter ahead. Amazon shares fell 7 percent in premarket trading even as analysts reaffirmed their long-term bullish stance on the stock. Wall Street analysts adjusted price targets on Amazon, with many repeating previous convictions … Read more

US stock futures pare decline after report shows strong GDP, tame inflation

U.S. stock futures pointed to a significantly lower open on Friday as the release of disappointing quarterly results from key tech companies overshadowed strong economy data. At 9:02 a.m. ET, Dow Jones Industrial Average futures implied a drop of more than 235 points at the open. Meanwhile, the S&P 500 and Nasdaq 100 futures also … Read more