Motley Fool Hidden Gems Investing Earnings and Elections
Oct 30, 2020
Alphabet shines with strong earnings, while Microsoft surprises with lower guidance despite better profits. Amazon sets a record for quarterly sales, but Facebook faces user decline worries. Starbucks offers an unexpected twist, and Netflix opts for a price hike. The discussion also explores Tupperware's impressive turnaround and shares insights on Pinterest's growth. Plus, the analysts weigh potential stocks to watch like Wix.com and EPAM Systems, all while considering how the upcoming election could shape investor strategies.
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YouTube Trends Reflect Pandemic
- Views of guided meditation videos on YouTube increased by 40% since March.
- DIY face mask tutorials have been viewed over 1 billion times, reflecting pandemic trends.
Microsoft's Impressive Business, Cautious Guidance
- Microsoft's Q1 results were positive, but lower-than-expected guidance caused a stock dip.
- Despite this, the company's cloud business, Office suite, and gaming sector performed strongly.
Amazon's Record Revenue
- Amazon achieved record $96 billion revenue, driven by the ongoing shift to e-commerce.
- Prime Day's success and strong AWS performance further solidify Amazon's dominance.