Affirm's (AFRM) Amazon (AMZN) Deal is 'Encouraging' - Morgan Stanley
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Canaccord Sees One Clear Positive Catalyst for PayPal (PYPL)
September 26, 2022 12:18 PM EDTIn a wide-ranging note Monday, Canaccord analyst Kai Korschelt stated that despite a tough macro backdrop, they see one clear upcoming positive catalyst on the horizon for PayPal (NASDAQ: PYPL).
That positive catalyst is Pay with Venmo being launched on Amazon (NASDAQ: AMZN), which is expected to occur in the fourth quarter.
With... More
Citi Reiterates $7 PT on Cano Health (CANO), Says Takeout Could Be Worth $14 on Roughly 2x Revenue
September 23, 2022 12:18 PM EDTCiti analyst Jason Cassorla reiterated a Buy rating and $7.00 price target on Cano Health (NYSE: CANO).
The analyst comments "Another Takeout Headline Not Surprising: Multiple headlines over the past ~six months have suggested CANO could potentially be acquired. To this end, CANO traded at ~1.0x our 2023E revenue at an unaffected price of $6.31 (September 21st close), which compares to its SPAC merger multiple at ~3x forward revenue, and other recent deals in the space including AMZNs... More
Costco, FedEx, Boeing Fall Premarket; Raytheon, FuboTV Rise
September 23, 2022 9:03 AM EDTBy Peter Nurse
Investing.com -- Stocks in focus in premarket trade on Friday, September 23rd. Please refresh for updates.
Costco (NASDAQ: COST) stock fell 2.5% after the big-box retailer reported a squeeze in its quarterly gross margins as it battles higher freight and labor costs, despite better-than-expected quarterly... More
Amazon (AMZN) Routinely Hired Dangerous Trucking Companies - WSJ Analysis
September 22, 2022 10:00 AM EDTAmazon (NASDAQ: AMZN) Routinely Hired Dangerous Trucking Companies - WSJ Analysis
... MoreSlowing Investments Into Fulfilment Services Will Fuel Amazon's Profit Beats - Analyst
September 22, 2022 8:42 AM EDTMorgan Stanley analyst Brian Nowak reiterated a Top Pick designation on Amazon (NASDAQ: AMZN) shares as he sees a nearly 50% upside from current levels.
The firm's deep dive into Amazons fulfillment utilization implies the e-commerce giant has built enough capacity until Q4 2024,... More
Amazon (AMZN) Announces 71 New Renewable Energy Projects
September 21, 2022 6:00 AM EDTAmazon (NASDAQ: AMZN) announced that it is expanding its renewable energy portfolio globally, with an additional 2.7 gigawatts (GW) of clean energy capacity across 71 new renewable energy projects. This includes the companys first renewable energy project in South Americaa solar farm in Braziland its first solar farms in India and Poland. Once fully operational, Amazons global renewable energy portfolio will generate 50,000 gigawatt hours (GWh) of clean energy, which is the equivalent amount of electricity needed to power 4.6 million U.S. homes each year.
We are bringing new wind and solar projects online... More
