Nvidia, Microsoft, Netflix and Domino's rise premarket; Illumina falls
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StreetInsider.com Top Tickers, 6/23/2026
- 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
Evercore ISI Comments on Amazon.com (AMZN) Prime Day: 'Intrinsically Impressive 25% Unit Growth'
July 13, 2023 3:40 PM EDTEvercore ISI analyst Mark Mahaney reiterated an Outperform rating and $150.00 price target on Amazon.com (NASDAQ: AMZN).
The analyst comments "Our View: We estimate that Amazon generated approx. $11.9B in GMV and $6.2B in Revenue over its two-day Prime Day shopping holiday, accounting for 4-5% of our Q3 AMZN Revenue estimate. We view these results as modestly better than we would have assumed (vs. the past two years of mgmt. disclosures of 400bps contribution to Revenue). Reit Outperform & $150 PT. AMZN remains one of our top Large Cap Net... More
BMO Capital raises estimates on Domino's (DPZ) following global deal with Uber (UBER)
July 13, 2023 1:54 PM EDTBMO Capital reiterated an Outperform rating on Dominos Pizza (NYSE: DPZ) and raised their 12-month price target on the stock to $450.00 (From $395) after the Michigan-based pizza chain announced a global partnership with Ubers (NYSE: UBER) online food ordering platform, Uber Eats.
Dominos... More
JPMorgan projects net adds of 2.5m for Netflix (NFLX) in 2Q
July 13, 2023 8:01 AM EDTThe Netflix (NASDAQ: NFLX) price target was raised to $495 from $470 at JPMorgan on Thursday, with analyst Doug Anmuth maintaining an Overweight rating on the stock.
Anmuth said the firm remains positive on the stock into its second-quarter earnings, with a paid sharing lift this year.... More
Keybanc Positive on Microsoft (MSFT) (yesterday)
July 12, 2023 11:15 AM EDTMicrosoft (NASDAQ: MSFT)
The analyst comments "Today Microsoft announced the release of Entra Internet Access and Entra Private Access, effectively expanding into network security with SSE (Secure Service Edge), setting Microsoft up to more directly compete with PANW, ZS, NET, and... More
Amazon (AMZN) Prime Day 'created a spark' of retail spending - Telsey Advisory Group
July 12, 2023 10:21 AM EDTThe price target for Amazon (NASDAQ: AMZN) was raised to $145 from $125 at Telsey Advisory Group on Wednesday, with analyst Joseph Feldman reiterating an Outperform rating on the stock.
The analyst said he believes Amazon's Prime Day, which we are currently in... More
