Why Amazon Stock Reminds Wedbush's Devitt of Google

Amazon's shares have surged following impressive cloud growth that exceeded market expectations. This positive performance highlights the company's strong position in the cloud computing sector, which is crucial for its overall profitability. Investors are optimistic about Amazon's ability to maintain this momentum, making it a key player in the tech industry.

Penny Pennington, the Managing Partner at Edward Jones, recently shared insights on market volatility during an interview on 'The Close' with Katie Greifeld and Romaine Bostick. She noted that clients are not only aware of the potential for market swings but are also ready to seize opportunities that arise from them. This proactive approach reflects a growing confidence among investors, which is crucial for market stability and growth.

Amazon's shares surged by 13% following a significant boost in its cloud services, driven by advancements in AI technology. This growth marks the fastest expansion the company has seen in years, highlighting the increasing demand for cloud solutions. As Amazon invests more in building data centers, it positions itself to capitalize on the booming market, which is crucial for its long-term success and competitiveness in the tech industry.

Amazon's shares have seen a significant surge following a 13% jump in revenue, largely fueled by strong growth in Amazon Web Services, which is experiencing its fastest expansion since 2022, thanks to advancements in AI. This positive trend in after-hours trading highlights the company's robust performance and the increasing importance of cloud services in its overall business strategy.

Amazon has reported a remarkable 38% increase in profits, driven by unexpectedly strong sales in both its consumer and cloud sectors. This surge indicates that the company is not only recovering but thriving, with a 20% rise in cloud sales compared to last year. Such performance suggests that Amazon could be on track for another robust quarter, which is great news for investors and the tech industry as a whole.

Zillow's CEO Jeremy Wacksman recently shared insights on the company's impressive third-quarter earnings, which surpassed analyst expectations with $165 million in adjusted EBITDA. This positive performance highlights the ongoing trends in the housing market, particularly the affordability crisis that is pushing more people towards rentals. Understanding these dynamics is crucial as they reflect broader economic conditions and consumer behavior in real estate.

Amazon's cloud unit, Amazon Web Services, has reported its fastest growth rate since 2022, with a revenue increase of 20% year-over-year, totaling $33 billion. This surge reassures investors who were worried about competition in the cloud market. CEO Andy Jassy and his team expressed optimism about the future of the business, highlighting its resilience and potential for continued success.

Tech stocks are experiencing a downturn as investors brace for upcoming earnings reports from major players like Apple and Amazon. This slide reflects growing concerns about market performance and economic conditions, making it a crucial moment for investors who are closely watching these tech giants for insights into the industry's health.

Penny Pennington, the Managing Partner at Edward Jones, recently shared insights on market volatility during an interview on 'The Close' with Katie Greifeld and Romaine Bostick. She noted that clients are not only aware of the potential for market swings but are also ready to seize opportunities that arise from them. This proactive approach reflects a growing confidence among investors, which is crucial for market stability and growth.

MercadoLibre's CFO, Martin de los Santos, recently shared exciting insights about the company's growth potential in Latin America. By leveraging AI, MercadoLibre is empowering its 20,000 developers to be more proactive, which is crucial for enhancing their platform. This investment in technology not only positions the company for future success but also highlights the increasing importance of AI in driving innovation in the region.

Marcelo Cataldo, the CEO of Digicel, highlights the potential for growth in smartphone adoption in the Caribbean, which currently trails behind regions like Latin America and Europe. In a conversation on 'The Close,' he emphasizes the opportunity to enhance connectivity and data usage, suggesting that many users still depend on voice services. This insight is crucial as it points to a significant market potential that could lead to improved communication and economic development in the region.

Ford's Q3 2025 earnings report has exceeded expectations, leading to a significant surge in its stock price. This positive financial performance highlights the company's strong market position and effective strategies, which are crucial for investors and stakeholders. As Ford continues to innovate and adapt to market demands, this earnings beat not only boosts investor confidence but also sets a promising tone for future growth.

GoDaddy has reported a 10% increase in revenue for Q3 2025, highlighting the effectiveness of its AI initiatives in driving growth. This positive trend not only reflects the company's strong performance but also underscores the increasing importance of technology in enhancing business operations. As GoDaddy continues to innovate, it sets a benchmark for others in the industry, showcasing how embracing AI can lead to substantial financial gains.

Old Republic has reported a strong performance in its Q3 2025 earnings call, surpassing expectations with a higher-than-anticipated earnings per share (EPS). This positive news has led to fluctuations in the stock price, reflecting investor interest and confidence in the company's future. Such results are significant as they indicate the company's resilience and potential for growth in a competitive market.