Nasdaq AMZN Amazon

Launched on 05/04/2005, the Invesco S&P 500 Top 50 ETF (XLG) is a passively managed exchange traded fund designed to provide a broad exposure to the Large Cap Blend segment of the US equity market.

For Immediate ReleaseChicago, IL – October 25, 2023 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the fi

It's been almost a year since ChatGPT was commercially released. And after its meteoric rise, companies of all sizes quickly realized just how crucial artificial intelligence (AI) is going to be for digital transformation.Perhaps unsurprisingly, big tech has been leading the char

Wall Street analysts expect United Parcel Service to report a sharp drop in third-quarter profit on Thursday as it absorbs significant costs from its new union labor contract and a downturn in demand pressures pricing.

Nasdaq and S&P 500 futures fell on Wednesday, led by a slide in Alphabet on weak growth in its cloud division, while other mega-cap tech stocks also felt the pressure of rising U.S. Treasury yields and investors fretted over the Israel-Hamas conflict.

Amazon has more than 181 million users in the European Union and directly employs more than 150,000 people in the region, the company said on Wednesday, in its first transparency report as required by the EU Digital Services Act (DSA).

Warren Buffett has steered the Berkshire Hathaway investment portfolio to market-beating returns for over 50 years, and he has done so with a relatively simple strategy.

For Immediate ReleaseChicago, IL – October 25, 2023 – Today, Zacks Investment Ideas feature highlights Amazon AMZN and Meta Platforms META.

Amazon Web Services (AWS) said on Wednesday it will launch a sovereign cloud in Europe for government and customers in highly regulated industries.

Meta Platforms (NASDAQ: META) is scheduled to report its fiscal Q3 2023 results on Wednesday, October 25, 2023. We expect the stock to post mixed results with earnings topping the consensus but revenues missing the mark. The company surpassed the street expectations in the last

Google-parent Alphabet's cloud business suffered as long-time rival Microsoft's took off in the September quarter, demonstrating early signs that the Windows maker's investment in artificial intelligence was paying off.

Fintel reports that on October 24, 2023, Seaport Global initiated coverage of Amazon.com (NASDAQ:AMZN) with a Buy recommendation. Analyst Price Forecast Suggests 37.03% Upside

The tech giants are out in numbers this week with many of the market leaders reporting Q3 earnings. Amongst them will be Amazon ( NASDAQ:AMZN) with the ecommerce behemoth slated to deliver its third-quarter financial statement on Thursday (Oct 26) after the close. Looking ahead to the results, Monness’ Brian White, a 5-star analyst ranked in the top 1% of Street experts, is looking for Amazon to deliver revenues of $142.34 billion (above the Street at $141.43 billion). White’s figure factors in a 12% year-over-year increase, which represents a “slight acceleration” from the 11% uptick seen in Q2, but not quite at the level of the the 15% growth posted in the year-ago period. On a sequential basis, the Q3 revenue forecast amounts to a 6% quarter-over-quarter improvement, which is a tad higher than the four-year, September quarter average of +5%. White is calling for operating income of $8.46 billion and a 5.9% operating margin and at the bottom-line, projects EPS of $0.63 (also higher than consensus at $0.58). However, White also notes that as Amazon has “demonstrated in the past, EPS is susceptible to quarterly swings in the share price of Rivian Automotive and non-operating charges.” Amazon for its part has guided for Q3 revenue between $138.0-143.0 billion and operating income between $5.5 billion to $8.5 billion. Moving forward to the holiday season quarter, for Q4, White estimates sales of $174.13 billion (a 17% year-over-year increase and above the Street at $166.67 billion) and EPS of $0.76, also higher than consensus at $0.66. Summing up, while White sees Amazon as a long-term winner, he signs off with a warning about what might be coming next. “We believe Amazon is well positioned to benefit from digital transformation, capitalize on the cloud, innovate with AI, participate in new healthcare-related opportunities, and leverage a leaner cost structure,” said the 5-star analyst. “However, regulatory headwinds have grown stronger this year, and we believe the darkest days of this downturn are ahead of us.” Nevertheless, White remains onside, touting a Buy rating along with a $170 price target, implying shares will generate returns of 32% in the months ahead. (To watch White’s track record, click here) Overall, the bulls are out in heavy attendance for AMZN. Barring a single Hold rating, all 42 other analysts who issued a research report over the last 3 months, recommend the stock as a Buy. With an average price target of $174.67, the analysts foresee further upside of ~36% in the months ahead. (See Amazon stock forecast ) To find good ideas for stocks trading at attractive valuations, visit TipRanks’  Best Stocks to Buy, a newly launched 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.

Global stocks advanced on Tuesday as positive corporate earnings spurred some investor risk appetite, although caution remained given the war in the Middle East and mixed economic data ahead of closely-watched interest rate policy decisions.

Mega-cap technology dominates the reporting docket this week, whose reports will capture the spotlight for some time. Investors will be closely tuned into the releases as the market looks to extend its 2023 rally into year-end.

The world’s leading e-commerce and web services platform, Amazon AMZN reports earnings Thursday, October 26 after the market closes.

Global stocks advanced on Tuesday as positive corporate earnings spurred some investor risk appetite, although caution remained given the war in the Middle East and looming make-or-break data for the outlook for U.S. interest rates.

PLTR shares have skyrocketed this year, driven by the software company's AI ambitions. Here's a closer look at Wall Street's deeply split opinions on this outperforming growth stock, and what might be next for Palantir.

There's no denying it: 2023 has been a great year to own shares of Amazon (NASDAQ: AMZN). The stock is up 52% year to date, meaning a $10,000 investment on Jan. 01, 2023 would now be worth $15,000.

Wall Street's main stock indexes advanced on Tuesday as upbeat forecasts from Verizon, Coca-Cola and others boosted optimism about corporate America's health in the face of a slowing economy and higher inflation.