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Stock Of The Day: Amazon Chart Shows Some Things Are Obvious
Friday, October 25, 2024 - 4:27pm | 605Almost any stock chart can illustrate important market dynamics. Some things are obvious. For example, stocks that are overbought or oversold tend to reverse. Another example is how they can reverse when they reach important price levels. This can be seen on the chart of Amazon.com, Inc. (NASDAQ:...
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Amazon Vs. Walmart: E-Commerce Giant Offers Gas Savings To Prime Members, EV Charging Discounts In Latest Battle For Subscribers
Thursday, October 24, 2024 - 2:40pm | 611Amazon is offering new discounts on gas for Prime members and will help electric vehicle drivers save on vehicle charging in 2025. Amazon.com Inc (NASDAQ:AMZN) is adding another reason for consumers to sign up for its Amazon Prime membership program as the e-commerce giant intensifies the battle...
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PayPal Expands Partnership With Global Payments, Fastlane Checkout To Boost E-Commerce
Wednesday, October 23, 2024 - 2:39pm | 403PayPal Holdings, Inc. (NASDAQ:PYPL) expanded its collaboration with Global Payments Inc. (NYSE:GPN) to enhance checkout experiences. As part of this partnership, Global Payments will provide U.S. merchants with improved PayPal and Venmo branded checkout solutions, as well as accelerated guest...
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Amazon Analyst Expects Q3 Earnings With Revenue Growth, Margin Expansion, Relative Stable E-Commerce Demand
Tuesday, October 15, 2024 - 12:49pm | 403Goldman Sachs analyst Eric Sheridan expects Amazon.com, Inc. (NASDAQ:AMZN) to report a solid mix of revenue growth and operating margin expansion when the company releases its third-quarter financial results later this month. The Details: Sheridan said Amazon should report relatively stable e-...
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Costco Reports September Sales Results: What To Know
Wednesday, October 9, 2024 - 5:00pm | 335Costco Wholesale Corporation (NASDAQ:COST) shares traded higher Wednesday before the company reported its September sales figures after the closing bell. The Details: Costco reported net sales of $24.62 billion for the retail month of September, which represents an 8.9% increase over sales of $22....
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Amazon Stock Downgrade By Wells Fargo: A Bearish Signal On Growth Concerns
Tuesday, October 8, 2024 - 12:42pm | 766In a surprising twist, Amazon.com Inc (NASDAQ:AMZN) stock has been downgraded by Wells Fargo & Co (NYSE:WFC) from overweight to equal weight, raising eyebrows in the investment community. Wells Fargo analyst Ken Gawrelski expressed concerns over the retail giant’s growth trajectory,...
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Amazon's Profitable Essential Merchandise, Efficiency Gains Set To Drive Growth: Analyst
Thursday, October 3, 2024 - 12:14pm | 428Morgan Stanley analyst Brian Nowak reiterated Amazon.com Inc (NASDAQ:AMZN) with an Overweight rating and a $210 price target. Amazon traded at 22 times Nowak’s 2026 free cash flow, representing 29% growth (fiscal 2024-2026 free cash flow per share CAGR). He said this is a ~30% discount...
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Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet
Friday, September 27, 2024 - 1:10pm | 1579Each week, Benzinga’s Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention. Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With...
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Amazon E-Commerce Is A 'Loss-Leader' … Its Real Money Is In 'Services,' Says Analyst
Thursday, September 12, 2024 - 12:47pm | 642Amazon.com Inc. (NASDAQ:AMZN) may be regarded by consumers primarily as an e-commerce company, given its blue delivery trucks are constantly dropping off packages at people’s doorsteps, but an analyst begs to differ. “Our view is that eCommerce does NOT drive AMZN’s share price,...
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Amazon Analyst Says Company's 'Dominant Competitive Position' In E-Commerce, AWS 'Provides A Lot To Be Bullish About'
Thursday, September 5, 2024 - 11:51am | 637Amazon.com Inc (NASDAQ:AMZN) has strong positions in both e-commerce and cloud, according to an analyst who projects more runway in both segments, with artificial intelligence helping to power the AWS cloud business line. The Amazon Analyst: Cantor Fitzgerald analyst Deepak Mathivanan initiated...
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Temu Parent PDD Dwarfs Tesla In Cash Pile, But Investors Are Skeptical
Monday, September 2, 2024 - 10:15am | 559Two giants of the stock market, PDD Holdings Inc. (NASDAQ:PDD) and Tesla Inc. (NASDAQ:TSLA), are making waves not just for their market performance but for their substantial cash reserves. Both companies have amassed significant cash piles without offering dividends or engaging in share buybacks,...
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Alibaba Shares Are Trading Lower Today: What You Need To Know
Wednesday, August 28, 2024 - 4:20pm | 481Alibaba Group Holding Ltd.-ADR (NYSE:BABA) shares are trading lower Wednesday, following a decline that affected many U.S.-listed Chinese stocks. The downward movement in Alibaba’s stock is primarily influenced by a broader market sentiment driven by recent developments concerning other...
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EBay Stock Soars To New Heights, But Watch For Overheated Signals
Thursday, August 22, 2024 - 10:52am | 631EBay Inc. (NASDAQ:EBAY) is breaking records, trading at new 52-week highs with the stock currently perched at $59.35. This marks a dramatic leap from its year-low of $37.17, showcasing a stellar 34.97% year-to-date gain and a robust 36.77% increase over the past year. The past month alone has seen...
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Elliott Management Raises Stakes On Online Dating, E-Commerce, Airline Bets: What Investors Should Know
Thursday, August 15, 2024 - 1:24pm | 1186Activist fund Elliott Management has made several moves in 2024 including targeting coffee chain Starbucks Corporation (NASDAQ:SBUX), which recently announced a new CEO. A new 13F filing reveals three other key areas Elliott is increasing focus on. Match Group: Online dating company Match Group Inc...
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Walmart Q2 Earnings Preview: This 'Safe-Haven' Stock Is 'One Of The Few Beat-And-Raise Stories In Retail'
Wednesday, August 14, 2024 - 3:07pm | 809Retail giant Walmart Inc (NYSE:WMT) could provide analysts and investors a better picture of how inflation impacts consumer spending and shopping habits when it reports second-quarter financial results before the market opens on Thursday. Earnings Estimates: Analysts expect Walmart to report second...