UBS Increases S&P 500 Target for 2024 & 2025 UBS has raised its target for the S&P 500 to 5,850 for 2024 (up from 5,600) […]
Tag: Amazon
Amazon to Hire 250,000 Workers for 2024 Holiday Season, Matching Last Year’s Effort
Amazon is set to hire 250,000 workers for the 2024 holiday season, focusing on roles in transportation and warehousing, just like it did last year. […]
How Nvidia’s Revenue Relies on Four Major Customers: Opportunities and Risks
Nvidia, a leader in the semiconductor industry, has seen its revenue soar, with nearly half of its earnings—about 46%—coming from just four major customers. Each […]
Amazon Beats Q1’24 Earnings Estimates with Strong Revenue Growth and Segment Performance
Amazon’s Q1’24 earnings: Amazon reported earnings per share (EPS) of $0.98 for Q1’24, surpassing estimates of $0.83. Net sales for the quarter reached $143.31 billion, […]
Cautionary Note from D.A. Davidson: Nvidia’s Target Price Down to $620 Amidst Shifting AI Chip Landscape
D.A. Davidson, currently maintains one of the most conservative price targets for Nvidia, setting it at $620 while also assigning a Hold rating to the […]
Amazon Remains Mizuho’s ‘Top Pick’ with $230 Price Target Affirmation
Mizuho reiterates its ‘TOP PICK’ rating for Amazon $AMZN with a price target of $230, highlighting accelerated sales cycles in AWS. They note increased frequency […]
Quarter 2’24: Wells Fargo’s Investment Outlook and Top Picks
Wells Fargo’s preferred selections for the second quarter of 2024: Overweight Tactical Ideas: 1. Amazon (AMZN): Wells Fargo is bullish on Amazon with a price […]
Performance Snapshot: Ranking the Magnificent 7 Stocks in the S&P 500 YTD
Performance Evaluation of the Top 7 Stocks in the S&P 500 Index: NVIDIA $NVDA has shown the strongest performance among the Magnificent 7 stocks in […]
Downgrade Alert: Wells Fargo Shifts $ROKU to ‘Underweight’ with Lowered Price Target of $51 from $77
Wells Fargo downgraded $ROKU from ‘Equal Weight’ to ‘Underweight’ and adjusted the price target from $77 to $51. Analysts attribute this downgrade to concerns over […]
iRobot Faces Setback as Amazon Cancels $1.4 Billion Acquisition, Triggering Major Restructuring and Workforce Reduction
Amazon has backed out of the $1.4 billion acquisition of iRobot, leading to significant repercussions for the vacuum maker. In response, iRobot has announced a […]
Bezos to sell 8-10 Million Amazon Shares
On Tuesday, Jeff Bezos is expected to take an aggresive stance by selling an additional batch of Amazon shares. Reports indicate that he could potentially […]