BofA Securities on Amazon.com (AMZN): 'AWS growth and opportunity to support stock'

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Wolfe Research Reiterates Outperform Rating on Amazon.com (AMZN) Ahead of Earnings

October 28, 2024 7:17 AM EDT

Wolfe Research analyst Shweta Khajuria reiterated an Outperform rating and $250.00 price target on Amazon.com (NASDAQ: AMZN).

The analyst comments "Amazon will report next Thursday after the close. Amazon has come in above the mid-point of its Revenue guide for the past... More

BofA Securities on Amazon.com (AMZN) New Fuel Benefits Through Prime

October 23, 2024 1:32 PM EDT

BofA Securities analyst Justin Post reiterated a Buy rating and $210.00 price target on Amazon.com (NASDAQ: AMZN).

The analyst comments "Fueling up for more Prime benefits Amazon Prime members can now save $0.10 per gallon at approx. 7,000 BP, Amoco, and ampm locations in the US. Amazon estimates that Prime members could save an average of $70/yr. Prime members must activate their Amazon... More

Needham&Company initiates coverage of internet stocks: Starts eBay, Etsy at Buy

October 23, 2024 8:28 AM EDT

Investing.com -- Needham&Company initiated coverage of several internet stocks in notes on Wednesday, giving Buy ratings to eBay (NASDAQ: EBAY), Etsy (NASDAQ: ETSY), and Wayfair (NYSE: W).


Analysts at the firm are optimistic about these companies' ability to navigate current macroeconomic challenges and leverage new initiatives for growth.

... More

Amazon (AMZN) to shut down speedy brick-and-mortar delivery service - CNBC

October 22, 2024 3:53 PM EDT

Amazon (NASDAQ: AMZN) to shut down speedy brick-and-mortar delivery service - CNBC

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Amazon (AMZN) call put ratio 3.2 calls to 1 put into quarter results

October 22, 2024 11:17 AM EDT

Amazon (NASDAQ: AMZN) October 25 weekly call option implied volatility is at 29, November is at 42; compared to its 52-week range of 22 to 49 into the expected release of quarter results after the bell on October 24.

... More

This Magnificent 7 stock has 'less demanding set-up among megacaps'

October 22, 2024 11:00 AM EDT

Ahead of its Q3 earnings report, Jefferies analysts on Tuesday discussed a Magnificent 7 stock which they believe has a less demanding setup among mega-caps.

The company in question, Google owner Alphabet (NASDAQ: GOOGL), has seen its shares rise 18% year-to-date, trailing behind peers like Meta (NASDAQ: META), Amazon (NASDAQ: AMZN), and the broader COMP and S&P 500 indices.

Jefferies points out that Google's enterprise value to EBITDA (EV/EBITDA) multiple of 11.6x for the next twelve months (NTM) is... More

Peloton partners with Costco to sell Bike+, shares jump

October 22, 2024 9:50 AM EDT

Investing.com Peloton (NASDAQ: PTON) is set to begin selling its stationary bikes at Costco (NASDAQ: COST), both in stores and online, as the fitness company seeks new ways to attract younger, affluent consumers, the companies announced on Tuesday.


Under the agreement, Costco will feature Pelotons Bike+ in 300 U.S. stores at a price of $1,999 and online at $2,199, between... More

Intel may be worth more than current valuation if split into pieces - Northland

October 22, 2024 8:46 AM EDT

Investing.com -- Intel may be worth more separated into smaller entities than the chipmaker is at its current valuation, according to analysts at Northland Capital Markets.


Shares in Intel (NASDAQ: INTC) have plunged by more than 52% so far this year, as the firm struggles to keep up with rivals like Nvidia (NASDAQ: NVDA) in the race to manufacture artificial intelligence-optimized chips.


"Intel Products continues to... More

BMO Capital Reiterates Outperform Rating on Amazon.com (AMZN)

October 22, 2024 7:47 AM EDT

BMO Capital analyst Brian J. Pitz reiterated an Outperform rating and $230.00 price target on Amazon.com (NASDAQ: AMZN).

The analyst commented, "We are raising our 3Q24E Cloud growth to 20% Y/Y, with acceleration potential ahead, given optimization normalization in 2H24E and continued... More