Wall Street Week Ahead: Big tech nervousness prompts calls to diversify
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- Wall Street futures fall as oil, Treasury yields rise on Iran tensions
- Oil prices fall after hitting over one-month high; traders weigh supply risks
- Dell again lifts annual forecasts as AI demand powers record results
- Uber stock gains 2% as tech giant cuts 3,300 jobs in major restructuring
- Berkshire’s Abel says data centers are energy opportunity
- GoPro to merge with Starman Optical in $285M recapitalization deal
- GoPro (GPRO) Halted, News Pending
- Wall Street ends lower as higher yields, rising oil prices mark shaky start to September
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- S&P Global shares rise on report of possible CapIQ spinoff
Piper Sandler Reiterates Overweight Rating on Amazon.com (AMZN) Following Pride Day Recap
October 19, 2020 7:39 AM EDTPiper Sandler analyst Tom Champion reiterated an Overweight rating and $3,860.00 price target on Amazon.com (NASDAQ: AMZN) following a recap of the company's Pride Day. Champion estimates last week's two-day event reached $10.6BN in sales, up ~49% y/y. He estimates units sold... More

