AST SpaceMobile soars on speculation of strategic tie-up with Jeff Bezos
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- Equities close higher as softer jobs data quiets rate-hike expectations
- U.S. economy adds fewer jobs than expected as unemployment rate ticks higher
- Nvidia returns as Morgan Stanley’s Top Pick on attractive valuation
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- U.S. credit-reporting stocks fall as FHFA weighs two-bureau mortgage rule
- Equities close higher as softer jobs data quiets rate-hike expectations
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Morgan Stanley: 'we see AMZN as one of the companies best positioned to deliver material financial return from physical AI and robotics'
June 5, 2025 4:06 PM EDTMorgan Stanley analyst Brian Nowak reiterated an Overweight rating and $250.00 price target on Amazon.com (NASDAQ: AMZN)
The analyst comments "Next Stages of (Optimus) Prime Revealed: Unconfirmed media reports indicate that AMZN is developing software for humanoid robots that could eventually be deployed in AMZNs delivery operations (see here). As part of a reported project, AMZN is creating a humanoid park closed course environment in which it will test the humanoid robots before eventually planning to test them on real streets. According to the reports, AMZN plans to use hardware from other firms,... More
Barclays Reiterates Overweight Rating on Amazon.com (AMZN)
June 5, 2025 4:46 AM EDTBarclays analyst Ross Sandler reiterated an Overweight rating and $240.00 price target on Amazon.com (NASDAQ: AMZN)
The analyst comments "The Key Take-Away: It shouldn't come as a major surprise that Kuiper is running behind, as these satellite launches were fairly well telegraphed... More
