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The Nasdaq registered its biggest daily percentage gain since March 26. Stocks have sold off recently amid worries over the impact of tariffs and China’s profit slowdown, as well as concerns ranging from rising costs, bond yields, Italy’s budget struggles and upcoming U.S. congressional elections. In a further sign that economic growth is moderating, U.S. business spending on equipment appeared to have remained slow in September and the goods trade deficit widened further as rising imports outpaced a rebound in exports.

But the recent sell-off has also made stocks slightly cheaper, The S&P 500’s valuation fell to a two-and-a-half year low of 15.3 times profit estimates for the next 12 months from 15.8, swarovski cluster in clear and topaz cufflinks according to Refinitiv data, Results from S&P 500 companies have pushed up third-quarter profit growth estimates to 23.6 percent from 21.8 percent in the last 10 days, But dour forecasts have pulled down fourth-quarter growth estimates to 19.4 percent from 19.9 percent, according to I/B/E/S data from Refinitiv..

Ford, which is struggling with sales in China, rose 9.9 percent as its earnings report raised hopes for a strong finish to the year, bolstering gains in the consumer discretionary sector .SPLRCD. Advanced Micro Devices’ (AMD.O) weak forecast sent its stock tumbling 15.4 percent. But the Philadelphia Semiconductor index .SOX rose 2.3 percent, helped by Xilinx’s (XLNX.O) 15 percent jump on its strong quarterly report. After the bell, shares of Amazon.com (AMZN.O) and Alphabet (GOOGL.O) fell sharply following the release of their results. Amazon was down 3.9 percent while Alphabet was down 3.4 percent.

(Reuters) - Amazon.com Inc (AMZN.O) swarovski cluster in clear and topaz cufflinks forecast holiday season sales and profit that missed Wall Street targets on Thursday, projecting revenue growth that would be the slowest in years, sending shares of the world’s largest online retailer down 8 percent in after-hours trade, Amazon’s third-quarter sales lagged estimates as well, Analysts said international results were disappointing and online competition was increasing, The company blamed accounting changes and cautioned that it was being conservative with its outlook..

For years, Amazon has made expensive bets on new technology and programs, like its $13.7 billion acquisition of Whole Foods in 2017 to storm the U.S. grocery industry. That has resulted in rollercoaster profits in the past, but revenue has largely grown at a breakneck pace as consumers shifted shopping online and away from brick-and-mortar stores. “Weak revenue growth stuck out like a sore thumb,” said George Salmon, analyst at Hargreaves Lansdown. “And when you’re trading on 70 times expected earnings, it doesn’t take much to jolt the share price.”.

Amazon’s more subdued expectations for this year’s holiday shopping season, which runs swarovski cluster in clear and topaz cufflinks from the U.S, Thanksgiving holiday in late November through New Year’s, was a particular surprise, It forecast that fourth-quarter sales will rise between 10 percent and 20 percent, or up to $72.5 billion, while analysts were expecting $73.9 billion, according to Refinitiv data, That would be Amazon’s lowest quarterly sales growth since at least the start of 2016, In the last four quarters, sales increased between 29 percent and 43 percent..

Brian Olsavsky, Amazon’s chief financial officer, said no fundamentals had changed, just some holiday timing in India and accounting differences. “We’re expecting a strong holiday season, so there’s no message in our forward guidance against that,” he said on a conference call with media. “We have everything ready to roll.”. The company moved the recording of $300 million in Prime subscription revenue from the fourth quarter to earlier periods in the year, he said. In addition, Amazon faces a tougher year-over-year comparison because the Whole Foods deal closed in the third quarter of 2017, and the different timing of the holiday Diwali affected sales patterns, he said.

“Amazon saw a meaningful slowdown in their international division, They had been hitting on all cylinders so this is something investors weren’t ready for,” Chaim Siegel, analyst at Elazar Advisors, said, Amazon forecast fourth-quarter operating income between $2.1 billion and $3.6 billion, below the $3.87 billion expected by analysts, according to FactSet, Neil Saunders, managing director of GlobalData Retail, said the results reflected a shifting landscape swarovski cluster in clear and topaz cufflinks with retailers holding their own against Amazon..



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