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Sunday 30 April 2017

Good results from Amazon and Alphabet

The US indices and the dollar remained unchanged on Thursday, in expectation of the key news about the growth of the US economy on Friday.
The S&P 500 is trading very close to its historic peak, and whether it will be overcome will depend on its medium-term movement.
Reported good results from US companies have helped the technological Nasdaq to rise to a new historic record.
After the good results, Amazon.com's shares rose to a new historic record at the OTC session, where they added nearly 5% of their value. The company posted sales growth of 23 percent to $35.7 billion, which exceeded analysts' average expectations of $35.2 billion.
The market capitalization of the company is approaching the psychological limit of $200 billion.
After the good results, a growth of nearly 4% recorded also Alphabet Inc. The company's profit has risen by 29% over the past quarter and shows no signs of slowing pace.

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