Amazon's (AMZN) lead over retailers and cloud companies is only just beginning.
The e-commerce company's second quarter should wake up many to the reality that Amazon is fundamentally changing existence on Earth. And accordingly, that should be rewarded with an even higher valuation by Wall Street.
Deep thoughts, we know.
Meanwhile, Starbucks (SBUX) earnings stunk. Twitter (TWTR) shares are under pressure following a drop in U.S. monthly active users in the second quarter vs. the first quarter.
Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
Breaking down an approach to the long side of this biotech stock.
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