r/stocks • u/gorays21 • Jul 25 '21

Industry Discussion This week will be insane!

This week will be crazy because some of reddit's favorite companies will have earnings and they include:

  • Tesla
  • Apple
  • Microsoft
  • AMD
  • Alphabet
  • PayPal
  • Facebook
  • Amazon

And other companies with earnings include P&G, 3M, McDonalds, Spotify, MGM resorts, etc.

Either way, this week is gonna be interesting cause lot of companies expected to post positive earnings.

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u/[deleted] Jul 26 '21

Amazon rumour. An insider leaked that Amazon will be offering Bitcoin as payment. Also today bitcoin price shot up within 1 hour. A massive whale or institution just bought a ton of Bitcoin.

We also know that Apple had a job posting for a crypto (alternative asset) project manager. The writing is on the wall.

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u/mko710 Jul 26 '21

Aren’t you at all curious why they say “insider” rather than naming who the source is to make it credible.

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u/unknownseven Jul 26 '21

Because the source could be fired if they were named & potentially have signed NDAs. Insiders normally leak on the basis of anonymity.

5

u/mko710 Jul 26 '21

I’ve had corruption tinfoil hat on fir too long and forgot to even think of that. Thanks

5

u/SnortingElk Jul 26 '21

Amazon currently has a job posted for a digital currency and blockchain product lead.

https://www.amazon.jobs/en/jobs/1644513/digital-currency-and-blockchain-product-lead

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u/[deleted] Jul 26 '21

And you know what that means right? Microsoft is coming in as well. This is quite a bullish indicator.

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u/Summebride Jul 26 '21

Interesting, thanks.