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- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Needham Starts NeoVolta (NEOV) at Buy
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
SunTrust Robinson Humphrey Remains Sidelined on Amazon.com (AMZN); Reiterates $850 Price Target
October 28, 2016 8:43 AM EDTSunTrust Robinson Humphrey reiterated a Hold rating and $850.00 price target on Amazon.com (NASDAQ: AMZN) following the company's 3Q earnings report. Incremental margins for 3Q were just 2% on a consolidated basis. Retail incremental margins were -2% as North American margins expanded just 20bps and... More
Baird Reiterates Buy on Amazon.com (AMZN) Following 3Q
October 28, 2016 8:37 AM EDTBaird reiterated an Outperform rating and $850.00 price target on Amazon.com (NASDAQ: AMZN) following the company's 3Q earnings report. AMZN reported revenues of $32.7B, above Baird's expectations and in-line with consensus. 4Q16 revenue guidance of $42B-$45.5B was in-line with consensus of $44.6B,... More
Wedbush Remains Bullish on Amazon.com (AMZN) Following 3Q
October 28, 2016 8:23 AM EDTWedbush reiterated an Outperform rating and $900.00 price target on Amazon.com (NASDAQ: AMZN) following the company's 3Q earnings report. Revenue was $32.71 billion vs. the consensus of $32.69 billion, and guidance of $31.0 33.5 billion. EPS was $0.52 vs. the consensus of $0.78. 2016 EPS estimate were reduced to $5.06 from $6.00 prior, and operating income to $1.26 billion... More
Needham & Company Remains Sidelined on Amazon.com (AMZN) Following Mixed 3Q
October 28, 2016 8:06 AM EDTNeedham & Company reiterated a Hold rating on Amazon.com (NASDAQ: AMZN) following the company's 3Q earnings report. AMZN reported revenue of $32.7B, in-line with consensus. CSOI margin, or non-GAAP operating income margin was 4.2%, increasing y/y from 3.9%, but decreasing q/q from 6.9%, a significant... More
Amazon (AMZN) Bullish View Reiterated at Mizuho Despite Op Margin Pressure
October 28, 2016 7:55 AM EDTMizuho Securities analyst Neil Doshi reiterated a Buy rating and $920 price target on Amazon.com (NASDAQ: AMZN)
The analyst commented, "Amazon may have just kissed op margin expansion good bye for the rest of this year and possibly for next year, as... More
Jefferies Reiterates Buy on Amazon.com (AMZN) Following Mixed Quarter
October 28, 2016 7:46 AM EDTJefferies reiterated a Buy rating and $950.00 price target on Amazon.com (NASDAQ: AMZN) following the company's 3Q earnings report. Net sales were up 29% Y/Y to $32.71B vs the Street's $32.69B. EPS of $0.52 came in below consensus at $0.77. 4Q guidance was below... More

