Amazon.com (AMZN) PT Raised to $2,000 at Guggenheim

Amazon.com (AMZN) PT Raised to $2,130 at Oppenheimer

Oppenheimer raised its price target on Amazon.com (NASDAQ: AMZN) to $2,130.00 (from $1,750.00) while maintaining a Outperform rating.

Analyst Jason Helfstein commented, "We are increasing our target to $2,130 from $1,750, and maintaining our Outperform rating after AMZN reported better than expected margins and slightly... More

Amazon.com (AMZN) PT Raised to $2,250 at Susquehanna

Susquehanna raised its price target on Amazon.com (NASDAQ: AMZN) to $2,250.00 (from $2,000.00) while maintaining a Positive rating.

Analyst Shyam Patil commented, "AWS and Advertising drive impressive 2Q profitability with a continued strong 3Q outlook."

Amazon.com (AMZN) PT Raised to $1,870 at Barclays

Barclays raised its price target on Amazon.com (NASDAQ: AMZN) to $1,870.00 (from $1,850.00) while maintaining a Overweight rating following the company's 2Q earnings report. Amazon continues to perform at a level well-above its mega cap internet peers, with revenue and OI that was in-line and 68%... More

Amazon.com (AMZN) PT Raised to $2,200 at Loop Capital Following 2Q

Loop Capital raised its price target on Amazon.com (NASDAQ: AMZN) to $2,200.00 (from $1,900.00) while maintaining a Buy rating following the company's 2Q earnings report. Operating margin improved 390 bps YoY to 5.6% and diluted EPS jumped 1,167.5% to $5.07, beating consensus by $2.59.

Management forecasts 3Q 2018... More

Amazon.com (AMZN) PT Raised to $2,250 at BMO Capital

BMO Capital raised its price target on Amazon.com (NASDAQ: AMZN) to $2,250.00 (from $2,000.00) while maintaining a Outperform rating.

Analyst Daniel Salmon commented, "This was the most profitable quarter in AMZN's history as operating margins expanded 400bps YoY and broke 5%. While we don't model... More

Amazon.com (AMZN) PT Raised to $2,200 at Macquarie

Macquarie raised its price target on Amazon.com (NASDAQ: AMZN) to $2,200.00 (from $2,100.00) while maintaining an Outperform rating. Revenues and CSOI were 2% below and 41% above Macuarie's expectations, respectively.

On page one of a press release by AMZN, it states, We want... More

Amazon.com (AMZN) PT Raised to $2,110 at Wells Fargo

Wells Fargo raised its price target on Amazon.com (NASDAQ: AMZN) to $2,110.00 (from $1,875.00) while maintaining an Outperform rating.

Analyst Ken Sena commented, "Amazon reported another very strong quarter with gross profit and CSOI exceeding our expectations by 2% and 40%, respectively. Across its segment... More

Amazon.com (AMZN) PT Raised to $2,100 at Piper Jaffray

Piper Jaffray raised its price target on Amazon.com (NASDAQ: AMZN) to $2,100.00 (from $2,075.00) while maintaining an Overweight rating following the company's 2Q earnings report. AMZN reported revenue 1% below the Street and op income 74% above the Street. The mid-point of Q3 guidance calls for... More

Amazon.com (AMZN) PT Raised to 'Street High' $2,300 at Monness, Crespi, Hardt

Monness, Crespi, Hardt raised its price target on Amazon.com (NASDAQ: AMZN) to $2,300.00 (from $2,200.00) while maintaining a Buy rating. The new target matches a 'Street High'.

Analyst Brian White commented, "Last night, Amazon delivered big 2Q:18 EPS upside and provided a strong 3Q:18... More

Stifel Reiterates Buy on Amazon (AMZN) Following 2Q Release

Stifel reiterated a Buy rating and $2020.00 price target on Amazon.com (NASDAQ: AMZN) following the company's 2Q earnings report. Amazons 2Q was highlighted by continued momentum across its higher-margin businesses and meaningful improvements in operational efficiency, which resulted in 2Q operating income... More

Amazon.com (AMZN) PT Raised to $1,850 at Morgan Stanley

Morgan Stanley raised its price target on Amazon.com (NASDAQ: AMZN) to $1,850.00 (from $1,700.00) while maintaining a Overweight rating.

Tech stocks weigh on Wall Street

By April Joyner

NEW YORK (Reuters) - Wall Street's major indexes fell on Friday as weak earnings reports from major technology companies led to a big drop for the sector.

Intel Corp (NASDAQ: INTC) shares sank 8.6 percent after the chipmaker's data center business missed estimates amid stiff rivalry from Advanced Micro Devices Inc (NASDAQ: AMD). AMD shares rose 3.2 percent.

Twitter Inc (NYSE: TWTR) shares plunged 20.5 percent after the social media network reported a decline in monthly active users, versus the... More

Amazon.com (AMZN) PT Raised to $2,150 at UBS

UBS raised its price target on Amazon.com (NASDAQ: AMZN) to $2,150.00 (from $1,830.00) while maintaining a Buy rating.

Amazon.com (AMZN) PT Raised to $2,200 at DA Davidson

DA Davidson raised its price target on Amazon.com (NASDAQ: AMZN) to $2,200.00 (from $2,100.00) while maintaining a Buy rating.

Sell long-in-the-tooth FAANGs, build up BRICs, say analysts

By Alasdair Pal

LONDON (Reuters) - Investors poured $600 million in to U.S. technology stocks in the week leading up to poor results from Facebook (NASDAQ: FB), according to Bank of America Merrill Lynch (BAML) analysts, urging clients to sell the sector on signs inflows have reached bubble territory.

Facebook's shares plunged 19 percent on Thursday - leading to the biggest one-day wipeout in value terms in U.S.... More

Amazon.com (AMZN) PT Raised to $2,100 at Citi

Citi raised its price target on Amazon.com (NASDAQ: AMZN) to $2,100.00 (from $1,900.00) while maintaining a Buy rating.

Amazon.com (AMZN) PT Raised to $1,990 at Nomura/Instinet

Nomura/Instinet raised its price target on Amazon.com (NASDAQ: AMZN) to $1,990.00 (from $1,755.00) while maintaining a Buy rating.

Amazon.com (AMZN) PT Raised to $2,300 at Deutsche Bank

Deutsche Bank raised its price target on Amazon.com (NASDAQ: AMZN) to $2,300.00 (from $2,200.00) while maintaining a Buy rating.

Amazon.com (AMZN) PT Raised to $2,150 at Mizuho Securities

Mizuho Securities raised its price target on Amazon.com (NASDAQ: AMZN) to $2,150.00 (from $1,850.00) while maintaining a Buy rating.

Amazon.com (AMZN) PT Raised to $2,075 at JMP Securities

JMP Securities raised its price target on Amazon.com (NASDAQ: AMZN) to $2,075.00 (from $1,840.00) while maintaining a Market Outperform rating.

Options expected to be active: AMZN XOM CVX

Options expected to be active: AMZN XOM CVX

After-Hours Stock Movers 07/26: (TEAM) (EXPE) (CMG) (AMZN) Higher; (SAM) (LOGM) (EA) (INTC) Lower (more...)

Today's After-Horus Movers

Boston Beer Co. (NYSE: SAM) 16.6% LOWER; reported Q2 EPS of $1.98, $0.83 worse than the analyst estimate of $2.81. Revenue for the quarter came in at $273.1 million versus the consensus estimate of $273.01 million. Boston Beer Co. sees FY2018 EPS of $6.30-$7.30, versus the consensus of $7.95.

Atlassian (NASDAQ: TEAM) 15.2% HIGHER; reported Q4 EPS of $0.13, $0.01 better than the analyst estimate of $0.12. Revenue for the quarter came in at $243.8 million versus the consensus estimate of $233.42 million. Atlassian sees Q1 2019 EPS of $0.19, versus... More

Amazon earnings skyrocket on cloud computing, advertising

By Jeffrey Dastin and Arjun Panchadar

(Reuters) - Amazon.com Inc (NASDAQ: AMZN) forecast strong fall sales and posted a profit that was double Wall Street targets on Thursday thanks to the retailer's younger, higher-earning businesses, including cloud computing and advertising.

Shares rose more than 3 percent in after-hours trade. The report was a relief to investors in the U.S. technology sector, still reeling from a profit warning by Facebook Inc (NASDAQ: FB) Wednesday that plunged its stock 19 percent.

Amazon's report shows how the world's... More

Amazon (AMZN) Q2 EPS Doubles Views, Revenue Misses, Offers Q3 Guidance

Amazon (NASDAQ: AMZN) reported Q2 EPS of $5.07, versus the analyst estimate of $2.50. Revenue for the quarter came in at $52.9 billion versus the consensus estimate of $53.27 billion.

GUIDANCE:

Amazon sees Q3 2018 revenue of $54-57.5 billion, versus the consensus of $58.02... More

Amazon (AMZN) July weekly 1810 straddle priced for move of 5.8% into EPS

Amazon (NASDAQ: AMZN) July weekly 1810 straddle priced for move of 5.8% into EPS

Amazon (AMZN) call put ratio 1 to 1 into EPS and outlook

Amazon (NASDAQ: AMZN) July weekly call option implied volatility is at 133, August is at 39; compared to its 52-week range of 17 to 52 into the expected release of Q2 today after the market close.

Pentagon opens competition for $10 billion cloud contract

By Kara Carlson

(Reuters) - The U.S. Department of Defense opened the competition for its highly anticipated $10 billion cloud computing services contract on Thursday, an opportunity awaited by bidders that include Amazon, Microsoft Corp and Oracle (NYSE: ORCL), among others.

The Pentagon's Joint Enterprise Defense Infrastructure, or JEDI, cloud computing solution contract is part of the Department of Defense's broad IT modernization effort.

The Pentagon's request for... More

Amazon (AMZN) option implied volatility increases into EPS and outlook

Amazon (NASDAQ: AMZN) July weekly call option implied volatility is at 117, August is at 37; compared to its 52-week range of 18 to 52 into the expected release of Q2 today after the close.

Indian truckers' strike hits Amazon deliveries, commodity trade

By Rajendra Jadhav and Sankalp Phartiyal

MUMBAI (Reuters) - A truckers' strike across India has affected deliveries for e-commerce firms such as Amazon (NASDAQ: AMZN) and Snapdeal, hurt cotton trade in the world's biggest producer of the fiber and disrupted the movement of grains and vegetables.

The strike began on July 20 just days after Amazon and home-grown Flipkart, which is being acquired by U.S. retail giant Walmart, concluded their annual sale.

The All India Motor Transport Congress (AIMTC), the body... More

Amazon (AMZN) Favored as Pentagon Posts Winner-Take All Cloud Deal Bid - Bloomberg

Amazon (NASDAQ: AMZN) Favored as Pentagon Posts Winner-Take All Cloud Deal Bid - Bloomberg

Zuckerberg loses more than $15 billion in record Facebook fall

By Vibhuti Sharma and Munsif Vengattil

(Reuters) - Facebook Inc (NASDAQ: FB) Chief Executive Mark Zuckerberg's fortune took a more than $15 billion hit on Thursday, as the social media company suffered the biggest one-day wipeout in U.S. stock market history a day after executives forecast years of lower profit margins.

At least 16 brokerages cut their price targets on Facebook after Chief Financial Officer David Wehner startled an otherwise routine call with analysts by saying the company faced a multi-year squeeze on its business margins.

That "bombshell," as one analyst... More

Amazon's face ID tool mismatched 28 members of Congress to mug shots: ACLU

By Jeffrey Dastin

SAN FRANCISCO (Reuters) - A facial recognition tool that Amazon.com Inc (NASDAQ: AMZN) sells to web developers wrongly identified 28 members of the U.S. Congress as police suspects, in a test conducted by the American Civil Liberties Union (ACLU), the organization said on Thursday.

Amazon, in a response, said it took issue with the settings of its face ID tool during the test. The findings nonetheless highlight the risks that individuals could face if police use the technology in certain ways to catch criminals.

Since... More

Facebook sends Nasdaq tumbling, but trade optimism boosts Dow

By April Joyner

NEW YORK (Reuters) - A plunge in Facebook Inc's (NASDAQ: FB) shares pushed the Nasdaq down more than 1 percent on Thursday, the index's biggest one-day drop in a month, but industrial stocks rose after the United States and the European Union said they would negotiate on trade.

Facebook shares dived 19.0 percent, their biggest ever one-day percentage drop, after the social media giant forecast years of lower profit margins. The decline in Facebook shares weighed on the S&P 500 technology index , which dropped 1.6 percent.

Shares of... More

Monro Muffler (MNRO) Teams with Amazon for Tire Installation

Monro, Inc. (Nasdaq: MNRO) announced that it has collaborated with Amazon.com (NASDAQ: AMZN) to provide tire installation services at Monros retail tire and automotive service centers throughout the Eastern United States.

Monros tire... More

Amazon (AMZN) weekly option implied volatility increases into EPS and outlook

Amazon (NASDAQ: AMZN) July weekly call option implied volatility is at 81, August is at 34; compared to its 52-week range of 17 to 52 into the expected release of Q2 today after the market close.

Active options: F NFLX TSLA BA GE JD KO FCX AMZN

Active options: F NFLX TSLA BA GE JD KO FCX AMZN

Germany planning crackdown on online tax evasion: paper

BERLIN (Reuters) - German Finance Minister Olaf Scholz plans to unveil legislation next week aimed at reducing tax evasion by online dealers using platforms such as eBay (NASDAQ: EBAY) and Amazon (NASDAQ: AMZN), the German newspaper Rheinische Post reported... More

Yext, Inc. (YEXT) Surges 17% on Amazon Alexa Deal

Yext, Inc. (NYSE: YEXT) is gaining 16.7% intraday on volume that is running 16x the norm after the company announced a global integration with Amazon to give businesses control over the answers Alexa provides about them.

Pharma's middlemen see shares suffer as challenges grow

By Lewis Krauskopf

NEW YORK (Reuters) - Uncertainty over potential actions to reduce prescription drug costs and competitive threats have taken a toll this year on shares of companies in the U.S. pharmaceutical supply chain. They get their chance to change investor sentiment with quarterly earnings reports in the coming days.

Prescription drug wholesalers, drug store chains and pharmacy benefit managers generally have seen their stock prices tumble this year, even as the overall S&P 500 healthcare sector has gained 6 percent.

Six S&P 500 stocks - CVS Health Corp (NYSE:... More

Amazon (AMZN) weekly option implied volatility bid into EPS and outlook

Amazon (NASDAQ: AMZN) July weekly call option implied volatility is at 77, August is at 34; compared to its 52-week range of 17 to 52 into the expected release of Q2 after the market close on July 26.

Wall St. rises as Trump touts EU trade concessions

By April Joyner

NEW YORK (Reuters) - Wall Street rose on Wednesday as U.S. President Donald Trump secured concessions from the European Union on trade, while a disappointing quarterly report from Facebook (NASDAQ: FB) after the bell slammed its stock and threatened to put the brakes on a tech rally.

The benchmark S&P 500 jumped more than half a percent in the last half-hour of trading on news of the concessions and closed at its highest level since Jan. 29. Trump said that the United States and the European Union had agreed... More

Top EU court tells lower tribunal to review EU ruling on Spanish ship aid scheme

By Foo Yun Chee

BRUSSELS (Reuters) - Europe's top court told a lower tribunal on Wednesday to re-examine EU regulators' ruling against a Spanish ship finance scheme, a judgment that could strengthen the EU's hand in a crackdown on corporate tax avoidance.

The European Commission blocked the scheme in 2013, saying that it gave a selective advantage to companies in breach of the European Union's state aid rules.

The scheme allowed... More

Amazon (AMZN) weekly option implied volatility elevated into EPS and outlook

Amazon (NASDAQ: AMZN) July weekly call option implied volatility is at 69, August is at 33; compared to its 52-week range of 17 to 52 into the expected release of Q2 after the market close on July 26.

Options expected to be active: FB AMZN TSLA WMT

Options expected to be active: FB AMZN TSLA WMT