BofA analyzes Amazon's 11-year deal to stream NBA games on Prime Video
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Nasdaq, S&P end lower as tech stocks fall
- Micron posts record profit as AI memory demand fuels explosive growth
- Brent settles at lowest since before start of Iran war as more tankers exit Hormuz
- All eyes on Micron earnings tonight as sell-off raises stakes for AI memory trade
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- UBS Reiterates Buy Rating on Snowflake Inc. (SNOW)
Amazon will beat earnings expectations: Citi
July 26, 2024 6:43 AM EDTCiti analysts project that Amazon's (NASDAQ: AMZN) second-quarter 2024 results, set to be announced on Thursday, August 1, will surpass consensus expectations for both revenue and operating income.
"We believe Amazon's 2Q24 results are likely to be better-than-consensus expectations across both revenue and Operating Income," Citi stated.
The positive outlook is driven by accelerating AWS demand and expanding profitability.
A key... More
