Nasdaq AMZN Amazon

Amazon (NASDAQ: AMZN)'s Prime Day(s) are an iconic event for e-commerce. Rival companies typically have sales events going on at that time (this year it was July 11-12) in an effort to try to divert consumers away from shopping on Amazon because they know how big of a sales event

Let's be honest: Not all investments turn out to be winners. It's simply a fact that some promising stocks will turn into lemons. And it's why investing in 25 or more companies is so important -- it helps spread your risk by diversifying your portfolio.

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

Warren Buffett's investing prowess is legendary. After all, he's not called the Oracle of Omaha for nothing. If you're seeking stocks to buy, looking at Berkshire Hathaway's current holdings provides a good starting place. Of course, even Buffett makes mistakes. Hence, you have t

Futures tracking the Nasdaq and the S&P 500 slipped on Wednesday as tech giant Alphabet slumped after its cloud division missed revenue estimates, while other mega-cap stocks also edged lower pressured by rising U.S. Treasury yields.

Tech titans Microsoft ( NASDAQ:MSFT ) and Alphabet ( NASDAQ:GOOGL ) reported their quarterly financial numbers on Tuesday. Thanks to the  AI (Artificial Intelligence) boost, Microsoft impressed investors with its performance in the cloud segment. However, Google’s AI initiatives are yet to provide a meaningful push to its cloud revenues, as the segment disappointed with its Q3 performance. While MSFT edged past Google with its growth rate, one quarter’s performance is insufficient to judge which company has the upper hand in the cloud space.  Interestingly, it's not Microsoft or Google, but according to  Robert W. Baird analyst Colin Sebastian, Amazon ( NASDAQ:AMZN ) stands out as the top player in the Cloud segment. In a note to investors dated October 24, Baird analyst highlighted that Amazon’s AWS (Amazon Web Services) remains the largest cloud provider. Notably, AMZN is scheduled to report its  Q3 earnings on October 26, and the analyst expects the AWS segment to register an increase of about 13% year-over-year, reflecting a slight improvement in growth rate on a sequential basis.  Coming back to Microsoft and Google, these companies are aggressively investing to scale their AI infrastructure and incorporate AI into their cloud products and segments. With this backdrop, let’s look at what the Street recommends for MSFT and GOOGL stocks.  What is the Forecast for Microsoft Stock? Microsoft dedicated $11.2 billion to capital expenditure to grow its AI infrastructure and support cloud demand in the first quarter of Fiscal 2024. Moreover, Microsoft expects capital expenditure to increase sequentially, reflecting increased investments in the cloud and AI infrastructure.  Thanks to the increased investments and incorporation of AI, MSFT’s management expects Azure (its cloud platform) to deliver revenue growth of 26% to 27% in constant currency in Q2 FY24. Moreover, the Intelligent Cloud segment’s top line is projected to gain from increased GPU capacity and better-than-expected GPU utilization of MSFT’s AI services.  Given the lift from AI and strength in its Cloud business, Wall Street analysts maintain a bullish outlook on MSFT stock. With 32 Buys and four Holds, Microsoft stock has a Strong Buy consensus rating. Further, the  average MSFT stock price target of $401.19 implies 21.38% upside potential from current levels. What is the Prediction for Alphabet Stock? While AI is helping Microsoft offset the negative impact of spending optimization by enterprises, Alphabet’s cloud division has yet to recognize any such benefits. Nonetheless, the company is investing in its cloud platform to drive customer engagement and is integrating AI across its cloud products and services, which will lift the segment’s revenue.   Further, Google offers a unified platform to analyze structured and unstructured data and advanced AI-optimized infrastructure, which is driving more customers to its platform. Like MSFT, Alphabet plans to grow its investments to bring generative AI capabilities into its products and capitalize on the opportunities ahead.  In addition to the growth prospects in the cloud segment, the strength in the Search business and an expected reacceleration in ad spending augur well for the company. GOOGL stock sports a Strong Buy consensus rating, reflecting 28 Buys and five Holds. Further, the  average GOOGL stock price target of $152.37 implies 9.77% upside potential from current levels. Bottom Line  Microsoft’s performance in the cloud segment was impressive in the most recent quarter, as the company is reaping the rewards of its AI initiatives. Meanwhile, Google's AI initiatives have yet to substantially boost its cloud revenue, but its ongoing investments and expanding AI capabilities bode well for its long-term growth.  Both MSFT and GOOGL stocks enjoy a Strong Buy consensus rating from analysts. Thus, drawing conclusions about which company has a competitive edge in the cloud space based on just one quarter's performance will be premature. That said, analysts’ average price target indicates that MSFT offers a higher upside potential from current levels. Disclosure

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.