Goldman Sachs Reiterates Buy Rating on Amazon.com (AMZN)

Wedbush on Amazon.com (AMZN): 'continues to gain traction with advertisers'

April 7, 2025 6:53 AM EDT

Wedbush analyst Scott Devitt reiterated an Outperform rating and $280.00 price target on Amazon.com (NASDAQ: AMZN).

The analyst comments "Broadly, Amazon continues to gain traction with advertisers, supported by its vast merchandising capabilities and customer data. More recently, Amazon's DSP has introduced several... More

Volatility expected as countries retaliate to US tariffs, says Citizens JMP

April 4, 2025 5:04 AM EDT

(Updated - April 4, 2025 5:16 AM EDT)

Citizens JMP analyst Matthew Condon released the earnings preview for the internet sector, discussing earnings quality in terms of dilution across the firms coverage universe based on an analysis of equity grants.

The analyst commented, In our view, companies to own in this macro environment are characterized by strong product-market fit evidenced by continued share gains and margin expansion. The fallout of U.S. tariffs is on a global scale, meaning all competition, relatively... More

Amazon's (AMZN) new 'Buy For Me' feature helps customers find and buy products from other brands’ sites

April 3, 2025 1:05 PM EDT

Amazon (NASDAQ: AMZN) offers very broad selection, carrying hundreds of millions of products, including 300 million items available with fast, free Prime delivery across more than 35 categories including home, apparel, electronics, media, beauty, grocery, sports and outdoors, automotive, and everyday essentials.
While we already offer vast selection, we want to make it even easier for customers to find any product they want and need, so were testing a new feature, Buy for Me, in beta in the Amazon Shopping app. Buy for Me helps customers discover and seamlessly purchase select products from... More

Amazon (AMZN) call put ratio 1.3 calls to 1 put as share price down 7.5%

April 3, 2025 10:12 AM EDT

Amazon (NASDAQ: AMZN) 30-day option implied volatility is at 48; compared to its 52-week range of 22 to 46. Call put ratio 1.3 calls to 1 put as share price down 7.5%.

... More

3 reasons to favor U.S. AI companies over China's

April 3, 2025 10:00 AM EDT

A growing sense of caution continues to linger among AI investors as concerns persist over the rapid rise of Chinese AI companies and their ability to disrupt U.S. competitors with lower-cost models.

But despite a period of strong performance from Chinas AI sector, recent market trends have tilted in favor of U.S. firms.

The so-called Magnificent 7 tech giants have posted a 4.7% gain in the past week, while leading Chinese AI firms have seen declines ranging from 7% to 10% below recent highs.

This downturn has been fueled in part by weaker-than-expected earnings reports from key... More

March data shows this 'strong' internet name could outperform

April 3, 2025 8:00 AM EDT

Bank of Americas (BofA) March update on global mobile app downloads and daily active users pointed to continued strong performance from a popular internet platform.

BofA tracks monthly global mobile app downloads and DAUs through Sensor Tower data to monitor user trends across social media, eCommerce, subscription services, and travel.

In March, social media engagement showed mixed patterns with no major shifts, while app usage in other segments offered a more mixed view.

Duolingo (NASDAQ: DUOL) delivered one of the strongest performances among... More

AppLovin (APP) Bids for TikTok, Sources Say - WSJ

April 2, 2025 2:12 PM EDT

AppLovin (APP) Bids for TikTok, Sources Say - WSJ

Trump Administration Meeting Wednesday to Discuss TikTok ProposalsAppLovin Has Discussed Backing for TikTok Bid With Casino Magnate Steve Wynn, Sources Say Amazon Is Another New Bidder for TikTok... More

Amazon targets April 9 launch of first Kuiper internet satellites

April 2, 2025 1:21 PM EDT

By Joey Roulette

WASHINGTON (Reuters) -Amazon.com said on Wednesday it plans to launch the first 27 satellites for its Project Kuiper internet network next week, pinning down a long-awaited start to the company's plan to deploy a massive constellation that will rival Elon Musk's Starlink system.

In a statement, Amazon said it will launch the "Kuiper Atlas 1" mission on April 9 at noon EDT (1600 GMT) from the Cape Canaveral Space Force Station in Florida.

An Atlas 5 rocket from the Boeing and Lockheed Martin joint venture, United Launch Alliance, will send the satellites to space, as part of a... More

Amazon (AMZN): Here’s what to expect from Project Kuiper’s first full-scale satellite launch

April 2, 2025 1:12 PM EDT

Amazon (NASDAQ: AMZN) announced:

Project Kuiper is set to send its first full batch of satellites to space, marking an important step in its mission to deliver fast, reliable internet to customers and communities around the world. The mission, named KA-01 for Kuiper Atlas 1, will launch on a United Launch Alliance (ULA) Atlas V rocket from Cape Canaveral Space Force Station, Florida, and deploy 27 satellites at an altitude of 280 miles (450 kilometers) above Earth. Launch is currently scheduled for no earlier than (NET) 12 p.m. EDT on Wednesday, April 9.
[An image of Project... More

TikTok bidders pile up as deadline looms with Amazon, OnlyFans founder in mix

April 2, 2025 12:00 PM EDT

By Dawn Chmielewski, Anna Tong and Greg Bensinger

(Reuters) -As the weekend deadline for TikTok to find a buyer approaches, bidders for the short-video social media site are piling up.

Amazon and, separately, a consortium led by OnlyFans founder Tim Stokely are the latest to throw their hats into the ring for TikTok. The site faces an April 5 deadline to reach a deal to find a non-Chinese buyer under threat of being banned from the United States.

U.S. officials have raised security concerns over the app's ties to China, which TikTok and owner ByteDance have denied. Trump... More

Amazon (AMZN) Said To Make A Bid To Buy Tiktok In The US - NYT

April 2, 2025 11:53 AM EDT

(Updated - April 2, 2025 11:54 AM EDT)

Amazon (AMZN) Said To Make A Bid To Buy Tiktok In The US - NYT

Amazon put it a last minute offer for Tiktok, according to three people familiar with the talks.... More

Analyst says risk-reward is skewed to the upside for this beauty stock

April 2, 2025 10:11 AM EDT

Investing.com -- UBS analysts see a "compelling path ahead" for Ulta Beauty (NASDAQ: ULTA), highlighting improving market share trends, waning competitive pressures, and a resilient beauty category.

In a new note, UBS said it believes "risk-reward is skewed to the upside" for Ulta shares. The firm pointed to Numerator data indicating that Ultas market share is... More

Lumentum Holdings (LITE) Mentioned Positively at Rosenblatt Post Optical Fiber Conference 2025

April 2, 2025 7:10 AM EDT

Lumentum Holdings (NASDAQ: LITE) Mentioned Positively at Rosenblatt Post Optical Fiber Conference 2025.

The analyst comments "We found LITE to be the most bullish meeting of the day as it laid out a credible plan to grow from $400mn per quarter in... More