Amit Kukreja
AMAZON CRUSHES IT, NETFLIX SPLITS 10-1, EARNINGS CONTINUE STRONG | MARKET OPEN
10/31/2025, 12:33:20 PM
Economic Summary
- Market breadth shows momentum with multiple tech names moving higher (e.g., HOOD, GOOG, CRWD, COIN), indicating risk-on sentiment in the short term.
- Amazon (AMZN) is a notable driver as AWS grew and fueled a roughly 12% stock spike, suggesting cloud recovery materially impacts corporate valuations.
- Macro datapoints: Chicago PMI was recently released; expected consumer confidence data appears delayed, adding near-term data uncertainty for sentiment.
- Commentary argues the bull market has 'spoiled' some investors, but sees healthy dynamics where stocks still react appropriately to earnings results.
Bullish
- Robinhood (HOOD) shows momentum and management (Vlad Tenev) may deliver a strong quarter.
- Amazon (AMZN) rally on AWS cloud comeback and reported AWS growth.
- Coinbase (COIN) strong intraday jump suggests renewed investor interest.
- CrowdStrike (CRWD) posting gains, reflecting demand in cybersecurity.
Bearish
- Valuations may not sustain higher premiums if the market refuses to reward them.
- Earnings misses can drive stocks down despite overall market momentum.
- Crypto-related equities like COIN remain volatile after large intraday moves.
Bullish tickers
HOODAMZNCOINCRWDGOOGAAPL
Bearish tickers
HOODCOIN
HOOD
1 price targets
147.37
Bullish
Management (Vlad Tenev) appears positioned for a strong quarter; momentum could lift shares.
Bearish
May not sustain a higher valuation if the market refuses to grant a premium; valuation risk.
GOOG
1 price targets
279
Bullish
Still trading around 279 amid broad tech momentum.
Bearish
No specific catalyst mentioned; could remain range-bound without new news.
CRWD
Bullish
Gaining on the session, reflecting continued demand for cybersecurity exposure.
Bearish
Small intraday gains (1%) may not indicate sustained strength against market shocks.
COIN
Bullish
Up ~6%, suggesting strong short-term investor interest in crypto trading flows.
Bearish
High intraday volatility creates downside risk for investors.
AMZN
Bullish
Shares jumped ~12% on an AWS cloud comeback and reported AWS growth, a major positive catalyst.
Bearish
Past weakness or competition could temper gains despite AWS growth.
AAPL
Bullish
Mentioned as having a coverage piece, implying investor attention on upcoming news.
Bearish
No details in transcript; general market or earnings risk applies.
People mentioned
Vlad TenevMackenzie SigalosSteve KovacDavid