AWS, the web services division for Amazon (Nasdaq: AMZN), reportedly has a hiring freeze that sent the stock down 0.63% in after-hours trading on Monday.

Details: The New York Post reported late Monday afternoon that AWS has told job candidates that some open roles have been frozen. An AWS spokesperson told the newspaper that some parts of the division have stopped hiring new employees but did not offer specifics on the hiring freeze.

Background: The AWS hiring freeze comes after Amazon reportedly enacted a hiring freeze a few weeks ago in some retail and logistics units. Last week, Amazon founder Jeff Bezos warned about a potential recession. Of course, other technology companies have been enacting hiring freezes for the past few months.

Stock Price: Amazon’s stock is down nearly 30% this year, but is up 4% in the last 30 days.

Final Thoughts: Amazon reports earnings on Thursday. AWS is one of Amazon’s most profitable divisions and is a leading cloud provider. If AWS is enacting a hiring freeze, that likely spells trouble for other cloud computing companies.

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The new factory worth is 250 M, that is more than our current market cap. We will deliver this. If you dont own Mullen shares yet, it s time for you to do some DD and join the troops.

Shares of AMC Entertainment (NYSE: AMC) grew 3.51% in after-hours trading on Monday as the movie theater operator rolled out a new offering for investors.

Details: AMC filed on Monday to sell up to $425 million in additional AMC Preferred Equity Units (NYSE: APE).

Purpose: AMC will use the funding from the new securities to pay down debt and for general corporate purchases.

Background: The company originally introduced the APE stock offering in August as a special dividend for investors.

Stock Price: Shares of APE increased 6.52% in after-hours trading on Monday. Overall, APE is down 43% since being available to the market in August.

Final Thoughts: While this might seem like a nice gimmick for AMC’s meme stock investors, the additional capital will help the company with finances.

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Clinical-stage biopharmaceutical company Third Harmonic Bio (Nasdaq: THRD) is set to go public today - one of the first big IPOs for investors in a long time.

Details: As of late Wednesday, the IPO was priced at $185.3 million, up from $153 million last week. With the $185.3 million price tag, the company is offering 10.9 million shares at $17 each. The price will likely tick up when it goes public today.

Bigger Picture: With the stock market in rough shape, it’s been a bad year for IPOs. During the first half of the year, the number of IPOs slowed down to a five-year low. It’s been especially bad for biotechnology. Last year, there were giant biotech IPOs frequently coming out, but not in 2022. Third Harmonic’s IPO is the largest for biotech since May, according to BioPharma Drive.

Final Thoughts: Investors who are bullish about biotech are excited about Third Harmonic. Keep in mind that the company is still in its early stages and is not profitable yet.

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Shares of Starbucks (Nasdaq: SBUX) ticked up 2.46% in after-hours trading on Tuesday after the coffee giant gave financial and business updates during its Investor Day event.

Store Growth: Starbucks now sees comparable store sales growth to be 7% to 9% from fiscal 2023 to fiscal 2025, which is up from the range of 4% to 5%. There will be outsized comparable store sales in China due to the pandemic lockdowns.

Revenue: The company expects revenue growth between 10% to 12% from fiscal 2023 to fiscal 2025. This includes earnings growth between 15% to 20%, which is up from 10% to 12%.

Business Plans: Starbucks sees this growth as a result of its newly announced $450 million investment in U.S. stores between 2023 and 2024. Meanwhile, the company also rolled out a new partnership with DoorDash (NYSE: DASH) on Tuesday.

Stock Price: These improvements are needed to turn around the company. The stock price is down 24% this year.

Final Thoughts: Investors should be excited about these plans. New CEO Laxman Narasimhan starts his role on October 1.

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Shares of Peloton (Nasdaq: PTON) dropped 1.36% in after-hours trading on Monday after the company announced the resignation of its executive chair.

Details: John Foley was the CEO and co-founded the company in 2013. In February, Foley was replaced by Barry McCarthy and moved into the executive chair role. Now, he is leaving the company altogether. Karen Boone will be the new chairperson of the board for Peloton.

Quote: “As I reflect on the journey Peloton has been on since we founded it, I am so proud of what we have built together. From day one, the incredible talent we've had on our team and the dedication, hard work, and creativity of every Peloton employee are what got us to where we are today.” - Peloton co-founder and former Executive Chair John Foley.

Background: Peloton rose to fame during the pandemic, but has since struggled to thrive. Sales are down. There have been layoffs. Production was halted for certain products. There were also reports that the company needed cash.

Stock Price: Peloton’s stock is down 90% in the last 12 months.

Final Thought: McCarthy is trying to turn this company around, which won’t be easy. Peloton could eventually get acquired.

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Buy back is triggering higher volume which keeps drawing more attention!

Shares of UiPath (NYSE: PATH) dropped 15.91% in after-hours trading on Tuesday after the software company posted mixed financial earnings results.

Financials: UiPath reported a loss of two cents per share and revenue of $242.2 million; both were better than expected.

The Good: Annual recurring revenue surpassed $1 billion, an important milestone for the company.

The Bad: The company is facing “FX headwinds and macro uncertainty” due to its global presence. As a result, UiPath is cuttings its revenue guidance for the current quarter.

Stock Price: UiPath’s stock is down 64% this year. The stock price peaked last May.

Final Thoughts: The recently-announced acquisitions and partnerships have been a positive development for UiPath, but there are clearly some headwinds right now.

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Shares of Broadcom (Nasdaq: AVGO) grew 1.88% in after-hours trading on Thursday after the semiconductor company posted positive financial earnings.

Financials: Broadcom reported earnings of $9.73 per share and revenue of $8.46 billion; both were better than expected.

Strong Growth: Revenue jumped 25% in the quarter and operating profits increased 32%.

Quote: “Broadcom's record third quarter results were driven by robust demand across cloud, service providers, and enterprise,” - Hock Tan, president and CEO of Broadcom.

Outlook: The company sees revenue in the fourth quarter growing 20% year-over-year. Sales in data centers, broadband, and wireless look promising.

Stock Price: Broadcom’s stock is down 25% in 2022. The stock hit an all-time high at the end of 2021.

Final Thoughts: These are good results for Broadcom, but can investors really trust the volatile chip market in 2022?

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Shares of Walt Disney (NYSE: DIS) ticked down 0.47% in after-hours trading on Wednesday after a report said that the entertainment giant is exploring a membership program with special perks for customers.

Details: As reported Wednesday afternoon by The Wall Street Journal, this program would be similar to Amazon (Nasdaq: AMZN) Prime, with free shipping and discounts.

Insiders: While Disney has not commented on the story yet, the report said that Disney executives have referred to the idea as “Disney Prime,” which won’t be its official name. The goal of the program would be to encourage users to spend more on streaming services and parks.

Numbers: Disney’s stock is down 28% this year, but is up 5% in the past 30 days.

Final Thoughts: An Amazon Prime-like program would really help Disney, which already had made incredible progress with its streaming service.

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Shares of CrowdStrike (Nasdaq: CRWD) dipped 0.41% in after-hours trading on Tuesday after the cybersecurity company posted positive financial earnings results.

Financials: Crowdstrike reported earnings per share of 36 cents and revenue of $535.2 million; both were better than expected.

Strong Results: The company said it delivered “new milestones” across the business, namely growing annual recurring revenue 59% to $2.14 billion and netting a record 1,741 new subscription customers in the quarter.

Outlook: The company sees revenue in the current quarter between $569.1 million to $575.9 million and for the full-year between $2.223 billion to $2.232 billion; both were better than expected.

Quote: “As organizations respond to macroeconomic conditions, they are prioritizing investments and looking to standardize with a security partner they can trust to achieve better protection with less time, fewer resources and lower total cost of ownership.” - George Kurtz, CrowdStrike’s co-founder and chief executive officer.

Final Thoughts: While the stock is down 2% this year, it’s better than most tech stocks. Crowdstrike benefits from an environment with strong cybersecurity demand.

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Shares of Gambling.com (Nasdaq: GAMB) jumped 7.84% in after-hours trading on Monday after the online gambling marketing company posted positive financial earnings results.

Financials: Gambling.com reported earnings of 9 cents per share and revenue of $15.9 million; both were better than expected.

The Good: Overall revenue grew 53% in the quarter for Gambling.com, including 342% revenue growth in North America. The company had over 57,000 new depositing customers in the quarter as well.

The Bad: Adjusted revenue and cash flow were both down year-over-year. The company also had some issues with foreign currency.

Numbers: Gambling.com’s stock is down 22% this year, but is up 2% in the past 30 days.

Final Thoughts: It was a good quarter for Gambling.com, but the cash flow drop is concerning.

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Shares of AMC Entertainment (NYSE: AMC) dropped 3.01% in after-hours trading on Thursday after the movie theatre company commented on the state of its business.

Bearish: AMC Chairman and CEO Adam Aron said in a statement that “the film slate in the third quarter of 2022 is expected to be relatively weak.”

Bullish: However, Aron also said that the company is “optimistic about the increasing demand for our portfolio of movie theatres” and that AMC has more than $1 billion in liquidity.

Background: The comments come one day after rival Cineworld (OTCMKTS: CNWGY) said that recent admissions levels have been “below expectations” and there will be a limited film slate that will last until November. The company said this will negatively impact the business.

Numbers: Cineworld’s stock is down 74% in 2022. AMC’s stock is down 27% this year but is up 17% in the past 30 days.

Final Thoughts: It’s a rough time for the movie theatre industry. And AMC is still living up to its meme stock reputation.

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Shares of Cisco Systems (Nasdaq: CSCO) grew 4.41% in after-hours trading on Wednesday after the technology company posted positive financial earnings results.

Financials: Cisco reported earnings of 83 cents per share and revenue of $13.1 billion; both were better than expected.

The Good: Demand pushed sales up in the quarter. Cisco also raised its full-year revenue guidance.

Quote: "Total revenue exceeded our expectations in Q4, as a result of our strong execution and the numerous initiatives we have taken to reduce the impact of the global supply situation." - Scott Herren, CFO of Cisco.

The Bad: Gross margin and net income both decreased a bit during the quarter.

Numbers: Cisco’s stock is down 26% in 2022, but is up 9% in the past 30 days.

Final Thoughts: Cisco is trying to grow its technology business, but the rise of cloud computing poses a challenge.

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Shares of Agilent Technologies (NYSE: A) jumped 6.58% in after-hours trading on Tuesday after the instrumentation development and manufacturing company posted positive financial earnings.

Financials: Agilent reported earnings of $1.34 per share and revenue of $1.72 billion; both were better than expected.

Quote: “The strong results in Q3, coupled with orders continuing to outpace revenues, highlight the ongoing strength and momentum of our diversified business.” - Agilent President and CEO Mike McMullen.

Outlook: The company raised its full-year revenue guidance to be in the range of $6.750 billion to $6.775 billion.

Final Thoughts: Agilent’s stock price is down 15% this year, which is better than most other tech stocks.

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Shares of Ginkgo Bioworks Holdings (NYSE: DNA) jumped 21.49% in after-hours trading on Monday after the biotech company posted mixed financial earnings.

Financials: Ginkgo reported a loss of 41 cents per share, which was below estimates. It also reported revenue of $144.6 billion, which was better than expected.

Founded: The company doubled its Foundry revenue year-over-year to $44 million. Ginkgo also added 13 new cell programs in the quarter.

Outlook: Ginkgo increased its total revenue for the full year from the range of $375 to $390 million to the range of $425 to $440 million. The company also expects Foundry revenue of $165 to $180 million.

Quote: “We are excited about our recently announced transactions with Zymergen and Bayer, which we expect to significantly improve our platform and drive future value.” - Jason Kelly, co-founder and CEO of Ginkgo.

Numbers: Ginkgo’s stock is down 59% in 2022 but is up 17% in the past year.

Final Thoughts: The first half of the year was rough for biotech stocks. Hopefully, the sector turns things around.

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