Retail Traders bought Stocks and ETFs last month at the fastest pace in history, to the tune of $40 Billion 🚨🚨🚨
Source: Barchart, Bloomberg
JUST IN: US JOB DATA RELEASED!
Nonfarm Payrolls, 177K Vs. 138K Est. (prev. 228K) Unemployment Rate, 4.2% Vs. 4.2% Est. (prev. 4.2%) Hourly Earnings, 3.8% Vs. 3.9% Est. (prev. 3.8%) ▶️ The US labor market has remained resilient in April. No visible impact of the tariff announcement on employment dynamics (yet?) ▶️ The US economy added 177k new jobs in April (138k expected) after 185k in March. ▶️ February and March data were revised lower (-58k overall) but remain on a decent trend, consistent with a stable unemployment rate. ▶️ As a result, the unemployment rate remains stable at 4.2% (as expected). ▶️ Wage growth slowed down slightly, to +0.2% from +0.3% (+0.3% expected). Hourly earnings are up +3.8% YoY, stable compared to the previous month. Source: Bloomberg
Amazon (AMZN) reported its first quarter earnings after the bell on Thursday beating on the top and bottom lines but offered lighter than anticipated guidance for its Q2 operating income.
The stock is down -4% after-hours ➡️ For the quarter, Amazon saw earnings per share (EPS) of $1.59 on revenue of $155.7 billion. Wall Street was anticipating EPS of $1.36 and revenue of $155.1 billion, according to Bloomberg consensus estimates. The company reported EPS of $0.98 and revenue of $143.3 billion in Q1 last year. AWS revenue came in at $29.2 billion versus expectations of $29.3 billion. ➡️ For the second quarter, Amazon said it anticipates operating income of between $13 billion and $17.5 billion. Analysts were expecting $17.8 billion. The company saw operating income of $14.7 billion in Q2 2024. ➡️ The company also said it anticipates a 10-basis point impact to its Q2 sales. ➡️ Amazon shares fell more than 4% following the report. ➡️ $AMZN Amazon Q1 FY25: • Revenue +9% Y/Y to $155.7B ($0.6B beat). • Operating margin 12% (+1pp Y/Y). • EPS $1.59 ($0.23 beat). • Q2 Guidance: ~$161.5B ($0.4B beat). ☁️ AWS: • Revenue +17% Y/Y to $29.3B. • Operating margin 39% (+2pp Y/Y). Source: App Economy Insights, Yahoo Finance
Apple reported second fiscal-quarter earnings Thursday that beat Wall Street expectations, but the company’s closely-watched Services division came up light versus estimates.
➡️ $AAPL Apple Q2 FY25 (March quarter): Services +12% Y/Y to $26.6B. Products +3% Y/Y to $68.7B. • Revenue +5% Y/Y to $95.4B ($0.8B beat). • Operating margin 31% (+0pp Y/Y). • EPS $1.65 ($0.03 beat). Source: App Economy Insights
Apple $AAPL approves $100 BILLION share buyback 💰
Source: Trend Spider
Michael Saylor said Strategy is doubling their fundraising to raise $84 billion to buy more Bitcoin
Source: Bitcoin Magazine
China's exports decline 10% year-over-year, the largest drop in AT LEAST 15 years
China said it is evaluating the possibility of starting trade negotiations with the U.S. Senior U.S. officials have reached out recently “through relevant parties multiple times,” hoping to start tariff negotiations, China’s commerce ministry said. Source: Barchart
Nasdaq $QQQ has now fully recovered from the losses sustained after Liberation Day
Source: Barchart
