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-0.000138175166632695 1.6098503541061E-05 0.00172170644137523 0.000563666949596706 0.000168880759217606 -0.000432071552803805 0.0106570338836214 0.00973147959284382
Stock impact report

Stock Market News: Amazon Dips, but Clorox Cleans Up [The Motley Fool]

Amazon.com, Inc. (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Company Research Source: The Motley Fool
The stock market started off the month of May on a down note, as market participants reacted negatively to news from Washington. President Trump is reportedly looking at seeking to impose new tariffs on China, with accusations that essentially blamed the Asian country for the coronavirus pandemic. Shortly before a.m. EDT, theDow Jones Industrial Average(DJINDICES:^DJI 00SNPINDEX:^GSPCNasdaq CompositeNASDAQINDEX:^IXICAmid growing geopolitical tension, earnings season continued for U.S. companies.Amazon.comNASDAQ:AMZNCloroxNYSE:CLXAmazon sales soar, but so do costsAmazon.com saw its shares fall 7%Image source: Amazon.com.Revenue during the period jumped 6% from year-ago levels, with the company seeing boosts in demand for online shopping, video streaming, and cloud computing services during the pandemic. However, operating expenses soared at an even faster 9% rate, including a 0% jump in Amazon's cost of sales and substantial increases in fulfillment and marketing expenses. That caused Show less Read more
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