Close

Walgreens, Lyft, Alibaba rise premarket; Meta Platforms, Virgin Orbit fall

Go back to Walgreens, Lyft, Alibaba rise premarket; Meta Platforms, Virgin Orbit fall

Meta (META) to allow European users to opt out of targeted ads

March 30, 2023 1:25 PM EDT

The Wall Streel Journal reports Thursday, citing people familiar with the matter, that social media platform company, Meta (NASDAQ: META) is preparing to allow European Facebook and Instagram users to opt out of certain highly personalized ads.

The move comes as part of a plan to limit the impact of a European Union privacy order that was approved in December. The European regulators ruled that Meta shouldnt require users to agree to personalized ads based on their online activity, a ruling that could limit the... More

AMC Entertainment shares jump on report Amazon is considering acquiring the theater chain

March 28, 2023 2:24 PM EDT

AMC Entertainment (NYSE: AMC) shares jumped Tuesday on the back of a report from The Intersect, stating that Amazon (NASDAQ: AMZN) is considering acquiring the theater chain.

Its stock price is currently up around 14%, while Amazon has... More

RBC Capital analysis yields favorable results for Uber over Lyft

March 28, 2023 11:37 AM EDT

RBC Capital reiterated an Outperform rating and $46 per share price target on Uber (NYSE: UBER) in a note Tuesday, stating that driver supply analysis indicates supply outperformance.

"Our latest qtrly U.S. ride-hailing driver supply analysis yielded continued favorable results... More

Morgan Stanley now issues Research Tactical Idea Call on Alibaba (BABA)

March 28, 2023 10:18 AM EDT

Morgan Stanley analyst Gary Yu reiterated an Overweight rating and $150.00 price target on Alibaba (NYSE: BABA).

The analyst comments "We believe the share price will rise in absolute terms over the next 60 days. This is because the stock has traded off recently,... More

Morgan Stanley on Alibaba (BABA): 'We think the news will be a major positive catalyst'

March 28, 2023 10:04 AM EDT

Morgan Stanley analyst Gary Yu reiterated an Overweight rating and $150.00 price target on Alibaba (NYSE: BABA).

The analyst comments "We think the news will be a major positive catalyst for Alibaba's share price. Alibaba is trading at significant discount to our... More

Citi Keeps $156 PT on Alibaba (BABA), Says Split is 'Unlocking Underlying Value'

March 28, 2023 9:08 AM EDT

Citi analyst Alicia Yap reiterated a Buy rating and $156.00 price target on Alibaba (NYSE: BABA).

The analyst comments "While we would not be surprised that Alibaba could decide to spin off certain business units like Cainiao or International Commerce as separately listed... More