Earnings Preview: What To Expect From Amazon

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David VanderWaal, vice president of marketing for LG Electronics USA, left, and Michael George, vice president of Alexa, Echo, and Appstore at Amazon.com Inc., speak about the Amazon Alexa partnership with the LG InstaView Door-In-Door smart refrigerator during the company's press conference at the 2017 Consumer Electronics Show (CES) in Las Vegas, Nevada, U.S., on Wednesday, Jan. 4, 2017. LG is seeking automotive alliances to accelerate autonomous driving, as well as acquiring artificial intelligence and robotics acquisitions to speed up its global expansion. Amazon ($AMZN) is scheduled to release earnings after Thursday's close (Feb 2, 2017). The social media giant hit a record high of $847.21 in 2016 and is currently trading near $835. The stock is prone to big moves after reporting earnings and can easily gap up if they report strong numbers. Conversely, if they miss, the stock can easily gap down like it did last quarter.

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