Evercore Keeps Amazon.com (AMZN) on Top Pick and TAC Lists Ahead of Earnings: 'Attractive Risk/Reward Set-Up'

Morgan Stanley expects movement in these stocks following Q3 earnings

October 24, 2023 2:12 PM EDT

Q3 earnings season is firmly underway, and Morgan Stanley analysts have revealed their conviction list of companies they expect to move on the near-term event.

In a note headed by analyst Michelle Weaver, the firm said it views six stocks positively and two negatively. The firm also said its checks suggest the third quarter is not likely to see broad misses, but fourth-quarter guidance is still uncertain.

Weaver named Amazon (NASDAQ: AMZN), Cytokinetics (NASDAQ: CYTK), DraftKings (NASDAQ: DKNG), LifeStance... More

Amazon mulls offering veterinary telehealth - CNBC

October 24, 2023 10:49 AM EDT

Amazon (NASDAQ: AMZN) is said to be mulling an expansion into veterinary telehealth, CNBC reported Tuesday, in its latest bid to compete with Walmart (NYSE: WMT).

The publication said people familiar with the matter... More

Seaport Global Securities Starts Amazon.com (AMZN) at Buy, 'Expect steady Retail growth'

October 24, 2023 6:20 AM EDT

(Updated - October 24, 2023 6:25 AM EDT)

Seaport Global Securities analyst Aaron Kessler initiates coverage on Amazon.com (NASDAQ: AMZN) with a Buy rating and a price target of $145.00.

The analyst comments "Expect steady Retail growth, continued Retail margin improvement from fulfillment/shipping... More

Amazon (AMZN) October weekly 127 straddle into quarter results

October 24, 2023 4:39 AM EDT

Amazon (NASDAQ: AMZN) October weekly 127 straddle is priced for a move of 6% into the expected release of quarter results after the bell on October 26.

... More

Microsoft reports, Alphabet earnings, Coca-Cola: 3 things to watch

October 23, 2023 3:52 PM EDT

Investing.com -- Tech stocks were leading gains on Monday, recovering earlier losses as bond yields eased back. Investors have tech earnings on their minds.

This week features reports from Microsoft, Alphabet (NASDAQ: GOOGL), Meta Platforms (NASDAQ: META), and Amazon (NASDAQ: AMZN) among the big tech firms. Tech stocks soared earlier this year on enthusiasm for the promise of artificial... More

S&P 500 in choppy trade as tech rallies after Treasury yields run out of steam

October 23, 2023 3:52 PM EDT

Investing.com -- The S&P 500 swung between gains and losses Monday, amid choppy trade as investors weighed up retreating Treasury yields and a rally in tech stocks to ahead of the quarterly earnings from big tech this week.

The Nasdaq rose 0.3%, the S&P 500 fell 0.2%, and the Dow Jones Industrial Average fell 0.6% or 191 points.

Treasury yields retreat from highs

Treasury yields slipped following their recent multi-year highs, with the yield on the 10-year Treasury falling to 4.854% after rising to a 16-year... More

How big is the GPU IaaS opportunity for Alphabet (GOOGL) and Amazon (AMZN)?

October 23, 2023 1:46 PM EDT

In a note to clients this week, Morgan Stanley analysts assessed the potential size of the GPU IaaS opportunity for Alphabet (NASDAQ: GOOGL) and Amazon (NASDAQ: AMZN).

In the research note headed by analyst Brian Nowak, the investment bank said it believes GPU IaaS revenue could potentially be a meaningful driver of AWS (Amazon Web Services) and... More

Amazon (AMZN) mentioned positivley

October 23, 2023 9:35 AM EDT

Amazon (NASDAQ: AMZN) was mentioned positivley at a tech-focused boutique research firm. The group is lifting its Q3 consolidated net sales estimate to $142.628 billion, which is above the consensus of $141.44 billion.

... More

Dow Jones, Nasdaq, S&P 500 weekly preview: Testing key support ahead of Big Tech earnings

October 23, 2023 8:22 AM EDT

At the start of the new trading week, major technology stocks are falling, also driving the U.S. equity futures lower, as the 10-year Treasury yield crossed 5% for the first time in 16 years.

The new wave of selling comes after the S&P 500 (SPX) lost as much as 2.4% last week. The index is now testing the key near-term support in the range of 4180-4200. A break of this zone would mark a major bearish development that could take the S&P 500 below 4000 in the coming months.

The forward 12-month P/E ratio for the S&P 500 now... More

Treasury yields, Foxconn, tech earnings - what's moving markets

October 23, 2023 5:29 AM EDT

Investing.com -- Rising U.S. Treasury yields continue to weigh on stock markets at the start of a week that includes the release of earnings from a number of tech giants. Crude slips back as aid enters Gaza, while Apple is under pressure as its main supplier, Foxconn, faces a tax probe in China.

1. U.S. bond yields rise, with 10-year threatening 5%

U.S. bond yields are on the rise again, with the yield on the benchmark 10-year Treasury back up to 4.969% on Monday, just short of... More

SVP of Operations at Jeff Bezos' Blue Origin to immediately depart company "for personal reasons" - Reuters

October 20, 2023 1:10 PM EDT

(Updated - October 20, 2023 1:17 PM EDT)

SVP of Operations at Jeff Bezos' Blue Origin to immediately depart company "for personal reasons" - Reuters

Blue Origin's Senior Vice President of Operations is departing the company effective immediately, according to an internal email seen by Reuters.The... More

5 big analyst AI moves: Brokers are very bullish on Microsoft's AI opportunity

October 20, 2023 8:47 AM EDT

Here are the biggest analyst moves in the area of artificial intelligence (AI) for this week.

1) Microsoft started at Buy at Loop Capital

Loop Capital analyst Yun Kim initiated research coverage on Microsoft (NASDAQ: MSFT) with a Buy rating and a price target of $425.00.

In our view, MSFT growth is set to accelerate driven by the two most strategic businesses, Azure and GenAI products (M365 Copilot). It has positioned itself to benefit from both large enterprises who prefer to "buy" pre-packaged GenAI solutions (M365 Copilot) and independent software vendors... More