Nasdaq AMZN Amazon

(RTTNews) - Fall River, Massachusetts-based Raw SeaFoods, Inc. is recalling Farm Raised Lightly Seasoned Atlantic Salmon Burgers sold through Amazon's Whole Foods Market stores, according to the U.S Food and Drug Administration or FDA.

Amazon is targeting merchandise exports worth $20 billion from India by 2025 by adding thousands of small sellers to its e-commerce platform, a company official said on Friday.

The bear market dragged down all three major indexes last year, but the Nasdaq Composite had it the worst. That's because the benchmark includes many high-growth players, such as technology stocks, and these types of investments are the first to suffer during times of higher infl

TipRanks offers a convenient way to identify stocks that have a greater potential to yield returns surpassing market averages with the help of the  Top Smart Score Stocks tool. Yesterday, the social media and technology giant Meta Platforms ( NASDAQ:META ) was added to the “Perfect 10” list. This tool assesses a stock's potential using eight crucial factors and assigns a rating from 1 to 10. Notably, stocks rated with a "Perfect 10" Smart Score have consistently outperformed the S&P 500 Index ( SPX ) by a significant margin.  Here’s Why META Stock Boasts a Perfect Score on TipRanks Meta has had a stronghold in the social media market for several years with the help of its platforms, Facebook and Instagram. Furthermore, the introduction of new features on these platforms, such as Threads and Reels, reflects Meta’s ability to ensure user engagement and meet growing competition. Also, the improving advertising market scenario and increased engagement of the younger generation on social platforms are anticipated to boost Meta's advertising revenues. In addition to this, the company’s initiatives to expand its user base by utilizing generative AI are promising. During Meta's Connect conference in late September, the company introduced new AI features, including AI stickers and AI-based image editing, across its suite of apps and devices. Additionally, the company revealed Meta AI, an advanced chat assistant available on WhatsApp, Messenger, and Instagram in the United States. It is worth highlighting that META recently launched two new AI-powered video editing tools, Emu Video and Emu Edit, for Facebook and Instagram. Last week, analyst Justin Post from Bank of America Securities reiterated a Buy rating on Meta stock with a price target of $384. The analyst is optimistic about the company’s recent partnership with Amazon ( AMZN ), under which users of the Facebook and Instagram platforms will be able to shop directly from the promoted Amazon ads. Post reiterated a Buy rating on Meta stock with a price target of $384. Additionally, Post believes this collaboration has the potential to boost conversions, gather more primary user data, elevate user involvement, and accelerate the monetization process for Meta's messaging assets. Is Meta a Buy, Sell, or Hold? Overall, Meta scores Wall Street’s Strong Buy consensus rating based on 36 Buys versus just one Hold rating. The average price target of $384.62 implies a 15.1% upside potential from the current level. The stock has gained a massive 167.9% so far in 2023. Ending Note The company’s efforts to enhance its apps with generative AI and its strong market position help drive confidence in Meta’s future trajectory. Further, analysts are bullish on the stock and are looking for further upside in its share price. Disclosure

Investors looking for significant returns can opt for growth stocks. These stocks represent companies that are expected to outperform the market by showcasing substantial revenue or earnings growth. These firms often reinvest earnings for further expansion rather than distributing dividends, contributing to their exponential growth. However, growth stocks come with higher risk and volatility compared to other stocks. Using the TipRanks  stock screener tool, we have shortlisted five growth stocks that have received Strong Buy ratings from analysts and whose price targets reflect an upside potential of more than 20%. These stocks also carry Outperform  Smart Scores (i.e., 8, 9, or 10) on TipRanks. Lastly, these companies’ revenues have witnessed a compound annual growth rate of over 10% in the past five years. Here are the five stocks that investors can consider. Nvidia ( NASDAQ:NVDA ) – The chip giant’s price forecast of $648.01 implies a 31% upside potential.  NVDA’s revenues have witnessed a 17.4% three-year CAGR. Seven analysts rated the stock a Buy in the past four days, and  NVDA stock has a “Perfect 10” Smart Score. Amazon ( NASDAQ:AMZN ) – The e-commerce giant’s price forecast of $175.51 implies a 22.9% upside potential from the current levels.  The company’s revenue has grown at a CAGR of over 10%.  Amazon stock carries a Smart Score of 10. Merck & Company ( NYSE:MRK ) – Merck is a global pharmaceutical company focused on healthcare, innovative drugs, and vaccines. The stock’s average price target implies an upside potential of 23.7%. Its  revenues increased at a CAGR of 12.6% in the past three years. Also,  MRK has a Smart Score of nine. ConocoPhillips ( NYSE:COP)  – The company engages in oil and natural gas exploration, production, refining, and marketing. Analysts currently see an upside potential of 26.8% in the stock. Also, it has a  Smart Score of eight, and its  topline has grown at a CAGR of 61.1%. Importantly, seven Buy ratings have been assigned to COP stock following the release of  third-quarter earnings on November 2. Snowflake ( NYSE:SNOW ) – The company’s platform enables customers to consolidate data into a single source. SNOW stock’s average price target implies a consensus upside of 21.3%. Its revenues increased at a CAGR of 51.8% and has a Smart Score of eight. In the past four days, four analysts have rated the stock a Buy. Disclosure

Thrasio Holdings, which acquires third-party sellers on Amazon, is preparing to file for bankruptcy as it grapples with a post-pandemic slump in online spending, the Wall Street Journal reported on Thursday.

Shares of Sea Limited (NYSE: SE) were taking a dive this week after the diversified Southeast Asian tech company posted disappointing results in its third-quarter earnings report. Sea, which operates as an online gaming, e-commerce, and digital payments company, posted a surprise

In today's video, I discuss recent updates impacting Arm Holdings (NASDAQ: ARM), Microsoft (NASDAQ: MSFT), and other tech giants. Check out the short video to learn more, consider subscribing, and click the special offer link below.

Should online retailers face the prospect of being sued in every jurisdiction where they have delivered even a single product?

Gap on Thursday forecast holiday-quarter sales below estimates, but posted better-than-expected results for the third quarter thanks to easing supply expenses and cost-control efforts, sending its shares up 11% in extended trading.

Gap on Thursday forecast holiday-quarter sales below expectations, signaling weak demand for its Banana Republic and Athleta brands heading into the all-important shopping season.

The stock market has been on an almost unbelievable run over the last three weeks; however, I think it warrants some caution from investors. While I remain a bull into year end, I don’t think now is the time to get aggressive on t

(RTTNews) - Amazon.com, Inc. (AMZN) on Thursday announced a broad strategic partnership with Hyundai Motor Company to bring innovative new experiences to customers, paving the way for a significant shift in the automotive industry.

Rivian Automotive (NASDAQ: RIVN) reported some good news with its third-quarter earnings report last week, and its stock has been on a roll ever since. Up until Thursday, that is. The electric vehicle (EV) maker's shares are still up by about 6% over the past week, but that inclu

The technology sector is back in the groove and dominating the stock market rally once again since the start of November. The renewed confidence is driven by hopes that the Fed’s aggressive interest rate hiking campaign might be n

Amazon.com said on Thursday its two prototype satellites for its planned Kuiper internet network have been operating successfully in orbit, with the project on track to start launching operational satellites by mid-2024.

Disney DIS recently announced its partnership with Dapper Labs to unveil a Non-Fungible Token (NFT) platform known as Disney Pinnacle. This platform is designed to tokenize DIS' timeless animated characters, along with figures fro

Amazon.com said on Thursday its two prototype satellites for its planned Kuiper internet network have been operating successfully, with the project on track to start mass production in the first half of 2024.

We're in the homestretch of 2023. The end of the year is in sight, a new year is coming up, and it's a perfect time for investors to start reviewing their portfolio composition. In other words, it's time for some stock picking. Stock picking has long been thought of as an art, but the savvy investor knows that there is also plenty of science to it. And for those willing to embrace the science, TipRanks has the Smart Score, an AI-driven data sorting tool, based on sophisticated natural language algorithms. The tool gathers the reams of data thrown up by the stock markets – the transactions, the stock movements, the traders' moves, all of it. This data is sorted and rated according to a set of factors known to match with future share outperformance – and distills the results into a single-digit 'Smart Score' that points toward each stock's likely way forward. Recently, two blue-chip stock stalwarts have turned up on the Smart Score's 'Perfect 10' list, the shares that ticked all the right marks. These are major names in Big Tech, and they have certainly earned the attention they've gotten. Both are among the handful of trillion-dollar-plus companies, and both have made a huge impact on the ways we live and work. Here they are, in focus, for a closer look, based on data from the TipRanks platform and the analyst commentaries. Microsoft Corporation ( MSFT) We'll start with Microsoft, the iconic computer and technology company. Microsoft is the leader in the world of PC operating systems, an instantly recognizable iconic brand, and, with its $2.75 trillion market cap, the world's second-largest publicly traded company. The firm has been involved in personal computing for nearly 50 years and has its hands in everything from word processing software to web browsers to AI. On that last note, the company is a major investor in OpenAI, the creator of the popular ChatGPT bot; Microsoft's investment in OpenAI over the past several years has totaled more than $13 billion. The company can afford investments on that scale. Microsoft's successes, its dominance of the markets in OS and office software, have pushed it to the top tier of the business world. It brought in $211.9 billion in total revenue for its last fiscal year, 2023, which ended on June 30; that total was up 7% year-over-year. Looking forward, Microsoft is investing heavily in AI technology. The company is improving its Bing search engine, in a direct challenge to Google, using the ChatGPT bot as a generative AI brain to give Bing natural language capability. In addition, Microsoft is incorporating AI technology into both its Edge web browser and its Azure business cloud platform. The company's Intelligent Cloud business is already a $24 billion segment. Late last month, we saw financial results for Microsoft's fiscal 1Q24. The release showed that the company had top-line revenues of $56.5 billion, a year-over-year gain of 13%, and beat the forecast by almost $2 billion. At the bottom line, Microsoft posted $2.99 in diluted EPS, beating the estimates by 34 cents per share and growing 27% year-over-year. Cloud computing services helped to drive these positive results; as noted, the Intelligent Cloud brought in over $24 billion of the total revenue, gaining 19% year-over-year. Among the bulls is 5-star analyst Kirk Materne, of Evercore ISI. Materne writes, looking at Microsoft’s recent quarterly results, “While the focus now shifts to the drivers behind these results, including whether or not we are past the Azure ‘bottom’ or whether there were one-time items that resulted in the beat, we believe that the narrative gets even stronger into the rest of FY24 as some optical headwinds reverse and comps soften, and Microsoft’s position in the enterprise market continues to get stronger as customers look to consolidate spending. As we look out into CY24, we believe that AI will be a tailwind as Microsoft starts implementing its M365 Copilot monetization strategy, as will continued traction in Azure and the integration of ATVI into Microsoft’s gaming business.” Extrapolating from the current position, Materne gives MSFT shares an Outperform (i.e. Buy) rating, with a $400 price target to point toward a one-year upside of 8%. (To watch Materne’s track record, click here) Big tech stocks always pick up plenty of analyst attention, and Microsoft has 31 recent reviews on file. These feature a decidedly lopsided 30 to 1 Buy/Hold split, for a Strong Buy consensus rating. The stock is selling for $369.67, and its $408.76 average price target implies a 10.5% gain in the next 12 months. (See Microsoft’s stock forecast ) Amazon ( AMZN) The second stock we’ll look at is Amazon, another instantly recognizable tech name with an equally iconic brand. Not as old as Microsoft, Amazon got its start in the ‘90s as an online bookstore. The firm is a survivor of the dot-com bubble, and in the early 2000s began expanding its services from books to include essentially the whole of the online retail world. Shoppers can find almost anything they want via Amazon, which has become the world’s largest online retailer. Across all of its domains, Amazon moved a total gross merchandise value of $693 billion last year. That’s not just big business; it’s huge – and it’s pushed Amazon into the number-four spot among Wall Street’s largest companies. The firm has a market cap of just over $1.5 trillion and had an operating cash flow of $71.7 billion for the 12 months ending this past September 30. Amazon’s scale and success have given it a firm foundation for expanding its operations away from pure retail. The company offers its customers a vast array of online services, including online TV streaming and cloud computing, as well as audiobooks, home automation, and even groceries. The company has made use of AI tech to streamline and improve its services. The Amazon.com website is one of the internet’s most trafficked sites, with more than 2 billion visits per month. That scope is reflected in Amazon’s public financial results. The company’s most recent quarterly release, for 3Q23, showed revenues of $143.1 billion, a total that was up 13% from the prior year and was more than $1.5 billion better than had been expected. The revenue result reflected a set of solid retail gains growth, including 11% in North America and 16% internationally. The company’s cloud services, AWS, showed a 12% retail gains growth in the quarter. Amazon’s quarterly bottom line, a 94-cent diluted EPS, was 35 cents ahead of the estimates – and compared favorably to the prior-year quarter’s 28-cent result. Covering Amazon for Tigress Financial, Ivan Feinseth sees the company standing to gain from its brand recognition, its scale, and its ability to leverage AI technology. The 5-star analyst writes, “Our target price, multiples, and growth rates are supported by AMZN’s strong brand equity and dominant industry position combined with its massive cash position and cash flow, enabling ongoing investments in its growth initiatives to support the integration of generative AI as a major growth driver and business optimizer combined with ongoing innovation in AWS and opportunities for massive AI integration across all business lines along with its increasing fulfillment capabilities.” Feinseth’s target price of $210 suggests a 47% upside on the one-year horizon, and supports his Buy  rating on the stock. (To watch Feinseth’s track record, click here) Amazon is that rare beast - a stock with plenty of coverage where everyone is in agreement. It has garnered 40 analyst reviews over the past 3 months – all Buys – naturally making the consensus view here a Strong Buy. The shares have a $143.20 trading price, and a $175.51 average price target implying potential for a 22% one-year gain. (See Amazon stock forecast ) To find good ideas for stocks trading at attractive valuations, visit TipRanks’  Best Stocks to Buy, a tool that unites all of TipRanks’ equity insights. Disclaimer: The opinions expressed in this article are solely those of the featured analysts. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.

The retail sector is trying to stage a solid recovery amid existing inflationary pressures. However, retail sales declined marginally in October, the first time in seven months. Even then, the retail sector has immense potential,