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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...
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5 Snap Analysts React To Restructuring Plan: 'Attractive Opportunity For Long-Term Holders'
Wednesday, August 31, 2022 - 12:01pm | 742Snap Inc (NYSE: SNAP) shares traded higher by 15% on Wednesday after the social media giant disclosed in a new filing that it will be restructuring its business and laying off 20% of its staff. Snap CEO Evan Spiegel told employees via a memo on Tuesday that the company needs to restructure its...
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Google Chrome Cookie Phase-Out Pushed Back To 2024: What Alphabet Investors Need To Know
Monday, August 8, 2022 - 10:49am | 463Alphabet, Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL) has announced it is pushing back its planned phase-out of third-party cookies in its Google Chrome browser until the second half of 2024. On Monday, Bank of America analyst Justin Post said Google's decision to delay its cookie changes is good news...