Notes From All Over, Part 1 -- October 24, 2019

First things first: wow! What happened? I quit checking the Houston-Nationals baseball score about the 4th inning -- tied at 2 - 2. I check back in later, it happens to be the middle of the 9th and the score is 12 - 3. The series is over.

Jobless claims: link here. 

• prior: 214K
• revised: 218K
• consensus: 214K
• actual: 212K

Amazon: after market close -- shares fell 8% after earnings miss. AWS revenue was $9.0 billion in the quarter, up from $6.68 billions a year ago, with operating income at $2.26 billion versus $2.098 billion a year ago. Sales of $70 billion, up 24% from a year ago, at the high end of the company's guidance range of $66 billion to $70 billion, and ahead of the Street consensus of $68.8 billion. Earnings: "$4.23/share well below the consensus of $4.60/share." [Actually I wouldn't call that much of a miss at all -- buying opportunity when shares fall 8% on an incredibly good report for those with a long horizon. See disclaimer.] Later, October 25, 2019: I am incredibly amazed how "shallow" financial analysts seem to be. I still can't get over the fact that Amazon shares were beat down yesterday despite what I thought was an incredibly good report. Now this story, today, over at Yahoo!Finance:

• profits were held back by Amazon's $800 million investment in the expansion of one-day delivery services (Amazon is still thinking like a growth company, not a mature company)
• AWS sales growth slowed to 35% vs 37% (big whoop) in the second quarter (sic)
• AWS also saw its profit margins come under pressure amid increased competitive activity in cloud services (okay)
• Amazon warned on fourth quarter profits: yes, it planned to spend another $1.5 billion on its one-day delivery rollout

Disclaimer: I love Amazon as a company; I don't hold any shares directly. But as a company, it's incredible. I've talked about it often. One-day delivery is ... spooky. It's like having a valet.

Boeing; this took a while to download overnight; not sure what that all about."Will the Boeing 737 Max ever fly again?" -- The Week.

Disclaimer: this is not an investment site.  Do not make any investment, financial, career, travel, job, or relationship decisions based on what you read here or think you may have read here.

Edwards Lifesciences: 3Q19 earnings, link here.

Oil: GS by Nick Cunningham. Consider the source. But I found the article interesting. Sorry if I disappoint folks for linking this writer.

Oil: another interesting article over at oilprice. Again, sorry if I disappoint folks for linking this site. It seems the three major US shale plays stack up a little differently when it comes to outlook.

Tesla: how did analysts get it so wrong? From Markets Insider just before the earnings release --

Wall Street is expecting Tesla to post a roughly $52 million loss on $6.45 billion in revenue for the period. During the same quarter last year, the company reported a profit of $343 million on $6.82 billion in sales. Tesla last reported a profit in the fourth quarter of 2018.

Some analysts warned that this quarter's results might not be pretty following disappointing vehicle-production data reported earlier this month.

Tesla: perhaps some answers here, smartkarma. Great graphics. The graphics definitely paint a different story than the narrative.

Apple Pay: overtakes the Starbucks mobile app to become the most popular mobile payment system in the United States. Link here. Says more about Starbucks than it says about Apple Pay. Having said that, Starbucks has been around "forever"; Apple Pay is, like, two or three years old.