AWS and SAP Unlock New Innovation with Generative AI
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/16/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- SanDisk upgraded at JPMorgan after investor day; shares climb
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
Amazon.com (AMZN) PT Raised to $245 at Tigress Financial Partners
May 30, 2024 4:48 PM EDTTigress Financial Partners analyst Ivan Feinseth raised the price target on Amazon.com (NASDAQ: AMZN) to $245.00 while maintaining a Buy rating.
The analyst comments "We reiterate our Buy rating on AMZN and increase our 12-month target price to $245 as increasing AI demand drives strong AWS results as enterprises look to drive increasing value-additive generative AI integration and increasing AI-driven capabilities across all product lines, and ongoing expansion of Prime Membership services will continue to drive further revenue growth and increasing shareholder value creation. Accelerating AI demand is driving strong AWS cloud results as enterprises... More
Ads will help Amazon's retail margins hit new highs: BofA
May 30, 2024 1:59 PM EDTAnalysts at Bank of America believe advertising revenues could contribute 5 points to tech giant Amazon's (NASDAQ: AMZN) long-term margins, helping to push them to new highs.
The investment bank noted that Amazons advertising revenues continue to grow faster than Gross... More
