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Alphabet's Blockbuster Results Highlight Its Transition From AI Laggard To Going 'On The Offensive': 11 Analysts Revise Forecasts After Q1 Results
Friday, April 26, 2024 - 2:02pm | 1327Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) shares were climbing on Friday after the company reported its first-quarter results amid a lot of hype around the AI revolution. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Goldman Sachs On...
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Expedia Stock Tanks After Q4 Earnings, CEO Departure: 'Solid Execution Is Critical'
Friday, February 9, 2024 - 12:38pm | 988Shares of Expedia Group Inc (NASDAQ: EXPE) were tanking Friday after the travel company reported fourth-quarter earnings and announced a new CEO. The results came amid an exciting earnings season. Here are some key analyst takeaways from Expedia's quarterly report. BofA Securities On...
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Meta Platforms Reports Solid Q3 Print, But Q4 Outlook Is A Concern: 7 Analysts Dive Deeper Into Results
Thursday, October 26, 2023 - 12:01pm | 924Shares of Meta Platforms Inc (NASDAQ: META) tanked in early trading on Thursday, despite the company reporting upbeat third-quarter revenues. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. KeyBanc Capital Markets On Meta Platforms...
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Snap's Q3 Revenue Surprises, But Growth Concerns Persist: Analysts Weigh In
Wednesday, October 25, 2023 - 12:30pm | 616Shares of Snap Inc (NYSE: SNAP) were trading lower on Wednesday after the company’s third-quarter revenue beat and stock buyback announcement. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. RBC Capital Markets On Snap...
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Amazon Q3 Earnings Preview: What Analysts Are Saying, NFL, NBA, AI, Other Key Items To Watch
Wednesday, October 25, 2023 - 12:02pm | 1077E-commerce giant Amazon.com, Inc (NASDAQ: AMZN) is set to report third-quarter financial results after market close on Thursday, Oct. 26, 2023. Here’s a look at the earnings estimates from analysts, what analysts are saying and key items for investors to watch. Earnings Estimates:...
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5 Amazon Prime Day Takeaways From This Bullish Analyst: 'Largest Single Sales Day Ever'
Friday, July 14, 2023 - 10:47am | 342Shares of Amazon.com, Inc. (NASDAQ: AMZN) were treading marginally higher on Friday morning amid the company’s Prime Day shopping event. The company had a successful Prime Day despite increased competition, according to BofA Securities. The Amazon Analyst: Justin Post maintained a Buy...
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Amazon Set For Record-Breaking Prime Day Despite Economic Frugality
Monday, July 10, 2023 - 11:35am | 649Amazon.com Inc, (NASDAQ:AMZN) is set for its annual Prime Day event, with CEO Andy Jassy promising a shopping spree unlike any the Seattle-based company has hosted. Scheduled to run from 3 a.m. ET on July 11 to the same time on July 12, the retail rush promises “more deals than any past Prime...
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Alphabet Analyst Talks ChatGPT: How Much Traffic Has Shifted From Google To Bing?
Monday, February 27, 2023 - 11:19am | 463Artificial intelligence has been a hot topic on Wall Street since OpenAI launched its ChatGPT prototype in November 2022. OpenAI investor Microsoft Corp (NASDAQ: MSFT) integrated ChatGPT into its Bing search engine in February, a move that spooked some Alphabet, Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL)...
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Is Zuckerberg's Obsession With The Metaverse Becoming A Problem For Investors?
Wednesday, November 9, 2022 - 3:46pm | 610Meta Platforms Inc (NASDAQ: META) shares jumped Wednesday after the company announced it is laying off more than 11,000 employees in an effort to cut costs. Even after Wednesday's rally, Meta shares are down 69.7% overall year-to-date, and some employees have begun questioning CEO Mark...
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10 Amazon Analysts Lower Price Targets: How The Street Is Reacting To Disappointing Q3 Earnings, AWS 'Surprise'
Friday, October 28, 2022 - 12:13pm | 1174Here’s what analysts are saying about Amazon.com Inc's (NASDAQ: AMZN) third quarter financial results, fourth-quarter guidance and why they’re lowering price targets. The Amazon Analysts Telsey analyst Joseph Feldman has an Outperform; lowers the price target from $150 to $140....
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11 Alphabet Analysts On Q3 Earnings Miss, Surprise YouTube Revenue Decline
Wednesday, October 26, 2022 - 12:05pm | 1093Alphabet, Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL) shares were trading lower on Wednesday after the company disappointed Wall Street with its third-quarter earnings. On Tuesday, Alphabet reported third-quarter adjusted EPS of $1.06 on revenue of $69.09 billion. Both numbers missed consensus analyst...
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BofA Downgrades Meta Platforms: 'Advertising Spend Pressure Likely To Increase'
Monday, October 24, 2022 - 10:00am | 430With Meta Platforms Inc (NASDAQ: META) earnings coming on Wednesday, one Wall Street analyst downgraded the beaten-down stock on Monday and said investors should expect some disappointing advertising numbers in coming quarters. The Analyst: Bank of America analyst Justin Post downgraded Meta...
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Amazon Prime Early Access Day Volume Drops 25%, But This Analyst Keeps The Faith: Here's Why
Friday, October 14, 2022 - 12:05pm | 499E-commerce leader Amazon.com, Inc. (NASDAQ: AMZN) held its Prime Early Access event Oct. 13-Oct. 14 to kick off the holiday sales season. Here’s a look at early data and what one analyst is saying about the event. The Amazon.com Analyst: Bank of America analyst Justin Post had a Buy...
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Are FedEx's Troubles Indicative Of A Recession? Perhaps Not For UPS, DHL And Amazon
Friday, September 23, 2022 - 10:20am | 478FedEx Corporation (NYSE: FDX) released its fiscal first-quarter financial results on Thursday afternoon after pre-releasing the numbers on Sept. 15. Management commentary spooked investors that a global recession may be imminent. FedEx's profits fell well short of Wall Street's expectations...
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Why This Peloton Interactive Analyst Is Bullish On The Market For Row
Wednesday, September 21, 2022 - 11:00am | 352Peloton Interactive Inc (NASDAQ: PTON) has finally launched its rowing machine, Peloton Row, which has been in development since 2019, and will be immediately available for pre-order in the U.S., with deliveries likely commencing in December, according to BofA Securities. It's the latest in a...