Global stocks climb on hopes for progress in trade; Canadian dollar gains
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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
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Stifel Reiterates Buy Rating on Amazon.com (AMZN) Ahead of 3Q Report
October 21, 2019 8:31 AM EDTStifel analyst Scott Devitt reiterated a Buy rating and $2,300.00 price target on Amazon.com (NASDAQ: AMZN) ahead of the company's 3Q report. Stifel's revenue estimate is modestly ahead of consensus while operating income estimate is below consensus expectations. Amazon is scheduled to report 3Q:19... More

