Amazon (AMZN) Guidance Viewed as Conservative; Goldman Raises PT to $355
- Wall Street closes higher as investors digest earnings, megacap outlook
- Tesla touts acceleration of new models, but Q1 results fall short of estimates
- JPMorgan is worried about further S&P 500 sell-off potential
- Oil rises as dollar slips, focus shifts to economic data
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Kroger (KR), Albertsons and C&S Wholesale Grocers Announce an Updated and Expanded Divestiture Plan
- Costar Group (CSGP) to Acquire Matterport (MTTR) for $5.50/sh Cash and Stock
- Jaguar Health (JAGX) Files $75M Mixed Shelf
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
- Midday movers: Netflix, Super Micro fall; Paramount Global gains
Amazon.com (AMZN) Q2 Results 'Straight up the Fairway' - Nomura
July 26, 2013 8:06 AM EDTNomura Securities analyst Aram Rubinson raised his price target on Amazon.com (NASDAQ: AMZN) from $315 to $330 following Q2 results.
Rubinson comments, "EBITDA Margins Tracking to 10%. Amazon reported Q2 results that were straight up the fairway. With a backdrop of highly volatile results at... More
Amazon.com (AMZN) PT Lifted to $350 at Jefferies
July 26, 2013 7:22 AM EDTJefferies boosted its price target on Buy-rated Amazon.com (NASDAQ: AMZN) from $330 to $350 following Q2 earnings after the close, estimates were trimmed however.
The Jefferies Internet team comments, "Amazon reported WW unit growth of +29% Y/Y (in line with Street but... More
Amazon.com, Inc. (AMZN) Posts Surprise Q2 Loss; Issues Light Q3 Revs Guidance
July 25, 2013 4:02 PM EDTAmazon.com, Inc. (NASDAQ: AMZN) reported Q2 EPS of ($0.08), $0.13 worse than the analyst estimate of $0.05. Revenue for the quarter came in at $15.7 billion versus the consensus estimate of $15.73 billion.
Amazon.com, Inc. sees Q3 2013 revenue of $14.45-17.15 billion, versus the consensus of $16.98... More