Labor market, AI key themes in US earnings calls: Goldman Sachs
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- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
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- Alan Greenspan, influential former Federal Reserve chair, dies at 100
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- Spain's ex-transport minister sentenced to 24 years for corruption
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Morgan Stanley Reiterates Overweight Rating on Amazon.com (AMZN)
August 19, 2024 6:05 AM EDTMorgan Stanley analyst Brian Nowak reiterated an Overweight rating and $210.00 price target on Amazon.com (NASDAQ: AMZN)
THe analyst comments "We detail 3 reasons AMZN's consumables/essentials success is bullish long-term growth, 3 ways AMZN can improve profitability even with this low... More
Google antitrust ruling: Barclays outlines possible scenarios and impacts
August 15, 2024 8:27 AM EDTAs Google faces a crucial antitrust ruling from the U.S. Department of Justice (DoJ), Barclays analysts have weighed in on the potential scenarios and their impacts.
According to Barclays, the outcome of this legal battle could significantly reshape the landscape for Google and its parent company, Alphabet (NASDAQ: GOOGL), with the effects likely to be felt well into 2026.
Barclays emphasizes that the court's decision... More

