Nasdaq AMZN Amazon

The iShares Dow Jones U.S. ETF is seeing unusually high volume in afternoon trading Monday, with over 140,000 shares traded versus three month average volume of about 36,000. Shares of IYY were down about 0.2% on the day. Components of that ETF with the highest volume on Monda

The Nasdaq led Wall Street losses on Monday as Tesla shares came under pressure on the company's plans to increase spending, while investors awaited results from megacap companies and key economic data this week.

U.S. tech giants will emphasize how artificial intelligence can be the next growth driver when they report quarterly results this week, while investors scrutinize if cost cuts have boosted profits to their satisfaction.

Oracle ORCL has made its Database Software free for developers. Oracle is making it easier for developers to try its industry-leading database software.Oracle has been in the database industry for more than 40 years. Oracle Database Software has been running on its custom

Under Warren Buffett's leadership, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) has become one of the largest companies in the world, and much of that success can be attributed to timely acquisitions and smart investments he helped engineer. In fact, Berkshire's investment portf

Wall Street was subdued and U.S. Treasury yields dipped on Monday as investors braced for a week of high-profile quarterly earnings and closely watched economic data.

The stock market threw investors a curveball last year, with highly valued growth stocks getting hit the worst of all. The growth-heavy Nasdaq Composite is currently down 26% from its previous high, but these sharp corrections in market prices can create incredible buying opportu

Fintel reports that on April 24, 2023, UBS maintained coverage of Amazon.com (NASDAQ:AMZN) with a Buy recommendation. Analyst Price Forecast Suggests 26.67% Upside

Below is Validea's guru fundamental report for AMAZON.COM, INC. (AMZN). Of the 22 guru strategies we follow, AMZN rates highest using our P/B Growth Investor model based on the published strategy of Partha Mohanram. This growth model looks for low book-to-market stocks that exhi

Wall Street futures slipped on Monday ahead of a busy week for earnings, with investors also awaiting key economic data that could shed light on the U.S. economy and shape the Federal Reserve's monetary policy.

Futures for Canada's main stock index were muted on Monday, with weakness in crude prices offset by gains in gold, while investors remained on the sidelines ahead of major U.S. earnings.

The market is back up 8% this year after it tumbled in the wake of the banking crisis, demonstrating investor enthusiasm and resiliency. Yet, many stocks are still down sharply over the past year and making incremental progress -- and that could provide a good opportunity for inv

Shares of Bed Bath & Beyond Inc plunged about 41% premarket on Monday after the home goods retailer's long fight to save its business ended in bankruptcy.

Wall Street futures slipped on Monday as investors await earnings from big technology companies as well as economic data this week for clues on the state of the U.S. economy and the Federal Reserve's monetary policy path.

A quarter into record layoffs, investors in U.S. tech giants will scrutinize if the cost cuts boosted profits to their satisfaction, while the companies emphasize how artificial intelligence will be their next growth driver.

Amazon (NASDAQ: AMZN), Microsoft (NASDAQ: MSFT), and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) all have market capitalizations of over $1 trillion. Each of these three companies is poised to benefit from the rise of the effectiveness of artificial intelligence.

European shares were subdued on Monday as investors await more economic data this week and earnings from some of the highest-valued U.S. companies, along with major European banks and consumer companies.

Mega technology giants, including Alphabet ( NASDAQ:GOOGL )( NASDAQ:GOOG ), Microsoft ( NASDAQ:MSFT ), Meta Platforms ( NASDAQ:META ), and Amazon ( NASDAQ:AMZN ) are set to report their quarterly earnings this week. While inflation has eased a bit, macro headwinds and ongoing moderation in IT and ad spending could continue to impact these tech giants' top and bottom lines.  Against this backdrop, let’s check what analysts project for these companies ahead of their quarterly print.  What to Expect from Google’s Earnings?   Google’s parent company, Alphabet, will announce its first quarter financial results on Tuesday, April 25. Wall Street expects GOOGL to post revenue of $68.87 billion, reflecting a year-over-year increase of over 24%. However, analysts expect Alphabet’s earnings to decline in the first quarter. The Street expects GOOGL to report  earnings of $1.08 a share, down from $1.23 in the prior-year quarter.  The ongoing weakness in ad revenues could continue to pressure its top and bottom lines in Q1. On April 21,  Brian White of Monness said that Alphabet could meet the consensus estimate. However, the analyst sees revenue declining on a quarter-over-quarter basis. White noted that Google’s ad revenues could decrease by 1% in the first quarter of 2023. However, the analyst expects its cloud revenues to grow by 27%.  Nevertheless, White remains bullish on GOOGL stock and expects the company to benefit from digital transformation and a leaner cost structure.  Overall, GOOGL stock has a Strong Buy consensus rating based on 28 unanimous Buy recommendations. These analysts’ average price target of $127.85 implies 21.29% upside potential.  How is Microsoft Expected to Perform in Q3? Microsoft is scheduled to report its third-quarter Fiscal 2023 earnings on Tuesday, April 25. Analysts forecast revenue of $51.11 billion, up about 3.4% year-over-year. At the same time, Wall Street expects the company to report  earnings of $2.24 a share, reflecting a slight increase over the prior-year quarter’s earnings of $2.22. Analysts expect the weakness in the PC market, moderation in cloud revenues, and lower ad spending to impact MSFT’s Q3 financials negatively.  Last week, Deutsche Bank analyst  Brad Zelnick reiterated his Buy recommendation on MSFT stock. While the analyst sees ongoing challenges across its key businesses, he expects trends to improve as the year progresses. However, the analyst expects the deceleration in Azure (MSFT’s cloud services) to continue in Q3. Including Zelnick, 27 analysts recommend a Buy on  MSFT stock ahead of Q3 earnings. Four analysts recommend a Hold, and one analyst has a Sell. Overall, Microsoft sports a Strong Buy consensus rating on TipRanks. Further, the analysts’ average price target of $307.37 implies 7.56% upside potential.  Is Meta Expected to Beat Earnings?   Meta Platforms will report Q1 financial results after the market closes on Wednesday, April 26. The company has  missed analysts’ earnings estimates in three out of four quarters. As for Q1, analysts expect Meta to post earnings of $2.02 per share, reflecting a decline from the prior-year quarter.  Analysts expect Meta’s top line to decline slightly to $27.62, reflecting the challenging macro environment. In a note dated April 17, Monness analyst White said that he expects the social media giant to meet the Q1 revenue estimate. Moreover, the analyst lauded the company’s efforts to improve its structure. However, he expects advertising revenue to decline in Q1 due to the ongoing macro headwinds.  Of the 49 analysts providing recommendations on  Meta stock, 39 recommend a Buy. At the same time, seven suggest a Hold, and three have Sell recommendations. Overall, Meta has a Moderate Buy consensus rating. Analysts’ average price target of $234.31 represents 10.06% upside potential.  What Will Amazon's Earnings Be? Internet commerce giant Amazon will announce its first quarter financial report on Thursday, April 27. Macro pressure on consumer spending, ongoing softness in the e-commerce business, and moderation in cloud revenues could continue to impact AMZN’s Q1 revenue and earnings negatively.  Wall Street expects AMZN to post revenues of $124.55 billion in Q1, reflecting a growth of about 7% from the $116.44 billion reported in Q1 of the prior year. Further, analysts expect AMZN to post  earnings of $0.21 a share in Q1, compared to a loss of $0.38 in the previous year's period.    J.P. Morgan analyst  Doug Anmuth termed AMZN the best internet idea ahead of Q1. While Anmuth expects macro pressure to weigh on AMZN’s growth in Q1, the analyst expects the company to benefit from easier year-over-year comparisons in the retail business. Moreover, Anmuth expects AMZN’s margin to expand in 2023 on the back of its cost restructuring initiatives.  AMZN stock is a Strong Buy on TipRanks based on 35 Buy and one Hold recommendations. Meanwhile, analysts’ average price target of $135.88 implies 27.04% upside potential from current levels.              Bottom Line  The shares of these tech giants saw a recovery in 2023, thanks to the easing of inflation. However, the ongoing macro headwinds could continue to negatively impact the revenue and earnings of these companies in the short term. Nonetheless, easier year-over-year comparisons in the coming quarters, a leaner cost structure, and a recovery in advertising and IT spending will likely support the long-term growth of these companies. Disclosure

European shares fell on Monday, tracking losses in Asian markets as investors awaited more economic data this week and earnings from some of the highest-valued U.S. companies, along with major European banks and consumer companies.

Hedge funds remain unconvinced by Wall Street's recovery from the March banking shock and have instead amassed their biggest bet in over a decade that the S&P 500 will fall.