Meta Platforms Inc. (META) PT Raised to $350 at Deutsche Bank, 'investors are increasingly optimistic on an improving digital ad market'

Active options: AMD META BABA SOFI MSFT GOOGL PLTR SNAP CVNA NIO HOOD

July 11, 2023 3:31 PM EDT

Active options: AMD META BABA SOFI MSFT GOOGL PLTR SNAP CVNA NIO HOOD

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Active options: META BABA PLTR GOOGL CRM MSFT COIN HOOD BAC CVNA LCID

July 11, 2023 10:03 AM EDT

Active options: META BABA PLTR GOOGL CRM MSFT COIN HOOD BAC CVNA LCID

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This internet stock is a new Top Pick at Evercore ISI with upside potential of 75%

July 11, 2023 9:36 AM EDT

Evercore ISI analyst Mark Mahaney reflected on the Internet sector with a positive view ahead of the Q2 earnings season. The analyst is tactically constructive on the large caps despite the brokers coverage of 19 stocks being up 44% year-to-date.

Given the rally in the Net stocks, were tempted to downgrade our investment opinion. But we wont for two reasons Multiples are still depressed i.e. below average and Fundamentals are still soft i.e. revenue growth rates are weak, the analyst wrote in a... More

OTR Global Comments on Meta Platforms (META)

July 11, 2023 9:29 AM EDT

OTR Global Comments on Meta Platforms (NASDAQ: META)

Said to have commented positive on ad spending growth in Q2 2023... More

Nasdaq 100 rebalance will benefit these 7 stocks - Wells Fargo

July 11, 2023 9:18 AM EDT

Wells Fargo analyst Christopher Harvey reflected on the upcoming Nasdaq 100 (NDX) Special Rebalance that is taking place on Friday, July 21.

A Special Rebalance is usually conducted to address overconcentration in the index by redistributing the weights. This particular move is focused on reducing concentration risk and reducing the dominance of the Big Seven, namely Microsoft (NASDAQ:... More

Amazon, WD-40, JPMorgan and Zillow rise premarket

July 11, 2023 8:35 AM EDT

Investing.com -- U.S. futures edged higher Tuesday, continuing the positive start to the week with investors awaiting more comments from Fed officials as week as key inflation data.

Here are some of the biggest premarket U.S. stock movers today:

Amazon... More

Meta (META) on a win streak as new transatlantic data transfer deal removes 'key risk'

July 11, 2023 7:13 AM EDT

In addition to its new "Twitter Killer" Threads app, analysts are pointing to another recent "win" for Meta Platforms (NASDAQ: META). Wells Fargo analyst Ken Gawrelski said news on Monday that the EU approved a new transatlantic data transfer agreement "removes a key regulatory risk" for the company in the 2nd-half of the year.

"The agreement, which will take effect... More

Nasdaq-100 Special Rebalance as the Pendulum Has Swung Too Far - Wells Fargo

July 11, 2023 6:42 AM EDT

Wells Fargo analyst Christopher Harvey on the announced Nasdaq-100 special rebalancing: "The upcoming NDX rebalance is reducing concentration risk but creating uber-cap selling pressure. With uber-caps overbought, near-term liquidity demands will likely weigh on the group. In 2011, down-sized names lagged by 2-3% between announcement and event. Our Index Strategists estimate... More

Key 2H Regulatory Risk Avoided with Approval of New Transatlantic Data Transfer Agreement - Wells Fargo on Meta

July 11, 2023 6:34 AM EDT

Wells Fargo analyst Ken Gawrelski on Meta Platforms (NASDAQ: META): "The EU approved a new transatlantic data transfer agreement (Mon 7/10), which takes effect immediately. The new pact removes a key regulatory risk for Meta in the 2H and will allow the company to continue its current practice in the EU."

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Meta's Instagram to bring branded content tools to Threads - Axios

July 11, 2023 5:34 AM EDT

(Reuters) - Meta Platforms's Instagram is planning to bring its branded content tools to Threads, Axios reported on Tuesday, citing a source familiar with the matter.

Such tools will help marketers collaborate with influencers on paid partnerships on the social media platform while advertising is unavailable.

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Meta Platforms Inc. (META) PT Raised to $270 at New Street Research

July 11, 2023 4:10 AM EDT

New Street Research analyst Dan Salmon raised the price target on Meta Platforms Inc. (NASDAQ: META) to $270.00 (from $220.00) while maintaining a Neutral rating.... More

Stock market today: Dow starts week on solid footing ahead of key inflation data

July 10, 2023 4:44 PM EDT

Investing.com -- The Dow closed higher Monday, rebounding from a slip last week as investors awaited key economic data due later this week expected to show a slowdown in inflation ahead of the Federal Reserve's monetary policy meeting later this month.

The Dow Jones Industrial Average gained 0.6%, or 209 points, the Nasdaq fell 0.2%, and the S&P 500 rose 0.2%.

Inflation in June expected to slow, but Fed likely will lift rates

Consumer and wholesale inflation reports due Wednesday and Thursday, respectively, are expected to show that monthly price... More

S&P 500 inches higher ahead of inflation data

July 10, 2023 2:51 PM EDT

Investing.com -- The S&P 500 inched higher Monday ahead of inflation data this week that will play a role in the Federal Reserves thinking on monetary policy later this month.

The S&P 500 rose 0.1%, the Dow Jones Industrial Average rose 0.50%, or 189 points, and the Nasdaq was up 0.1%.

Inflation in June expected to slow, but Fed likely will lift rates

Consumer and wholesale inflation reports due Wednesday and Thursday, respectively, are expected to show that monthly price pressures picked up pace in June,... More

Judge Refuses To Pause Ban On US Agency Social-media Contacts - Bloomberg

July 10, 2023 1:08 PM EDT

Judge Refuses To Pause Ban On US Agency Social-media Contacts - Bloomberg

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