Sky reports strong quarter before bid battle steps up
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- S&P, Nasdaq drop on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil drops $1 as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
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- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Stifel Remains Bullish on Amazon (AMZN) Ahead of 1Q
April 23, 2018 7:32 AM EDTStifel reiterated a Buy rating and $1,800.00 price target on Amazon.com (NASDAQ: AMZN) ahead of the company's 1Q earnings release. Stifel's 1Q topline estimate of $50.4B is above consensus expectations of $49.9B and near the high-end of the guided range ($47.75B-$50.75B).
Analyst Scott... More
Comcast (CMCSA) Announces Mobile Operating Platform Partnership with Charter Communications (CHTR)
April 20, 2018 11:13 AM EDTComcast Corporation (Nasdaq: CMCSA) and Charter (NASDAQ: CHTR) today announced that the two companies have formed a 50/50 operating platform partnership focused on the development and design of backend systems that support Comcasts Xfinity Mobile and Charters Spectrum Mobile service.
The new partnership is the result of the continuing collaboration between Comcast and Charter in the mobile space, as each company continues to develop their respective mobile brands, products, and services. Through the agreement, Charter and Comcast will work... More
Morgan Stanley Remains Bullish on Amazon (AMZN) Following Analysis
April 19, 2018 9:12 AM EDTMorgan Stanley reiterated an Overweight rating and $1550.00 price target on Amazon.com (NASDAQ: AMZN) following a market analysis. The analysis shows Amazon gained 1.5% of US apparel market share in 2017, +10 bps sequentially vs. 2016, largely at the expense of dept stores.
Cumulatively, Morgan Stanley... More

