Amazon

AMZN:NAS has switched to Algo Engine sell conditions, and our holding was sold after generating a 47% return across a 363-day holding period.

Amazon’s results beat expectations, especially on the bottom line. However, the company’s business growth was weaker than that of Meta Platforms, Google, and Microsoft. Amazon is trading at a relatively elevated valuation, with an earnings multiple of 40x.

U.S Earnings

Monday, November 4 – Vertex Pharmaceuticals, Palantir Technologies, Constellation Energy, Zoetis, Marriott International, American International Group, Diamondback Energy, and Illumina. 

Tuesday, November 5 – Ferrari, Apollo Global Management, Emerson Electric, Marathon Petroleum, Cummins, Microchip Technology, Yum! Brands, DuPont de Nemours, Restaurant Brands International, and Archer-Daniels-Midland.

Wednesday, November 6 – Novo Nordisk, Toyota Motor, Qualcomm, Arm Holdings, Gilead Sciences, MercadoLibre, CVS Health, McKesson, Williams Companies, Sempra, Johnson Controls International, Corteva, and Take-Two Interactive Software. 

Thursday, November 7 – Arista Networks, Duke Energy, Airbnb, Petroleo Brasileiro, Motorola Solutions, Air Products Chemicals, Becton, Dickinson, Fortinet, and Block. 

Friday, November 8 – TELUS, NRG Energy, Baxter International, Paramount Global, CNH Industrial, Fluor, and Embraer.