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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...
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6 Amazon Analysts React To Q2 Earnings Report: 'Our Top '22 FANG Stock'
Friday, July 29, 2022 - 2:57pm | 653Amazon.com, Inc. (NASDAQ: AMZN) shares traded higher by 11.5% on Friday after the company reported impressive second-quarter numbers in a difficult macroeconomic climate. On Thursday, Amazon reported a second-quarter adjusted EPS loss of 20 cents, missing analyst estimates of a 14-cent profit....
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These 7 Analysts Have Very Different Takeaways From Alphabet's Q2 Print
Wednesday, July 27, 2022 - 1:10pm | 789Google-parent Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) reported quarterly revenue at $69.7 billion, up 13% year-over-year but short of Street expectations of $69.88 billion. The company’s profits fell to $16 billion, or $1.21 per share, below the consensus estimate of $1.29 per share....
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Meta Platforms Analyst Expects Company To Report Negative Revenue Growth For The First Time
Monday, July 25, 2022 - 11:22am | 471This week is a big one for Facebook and Instagram parent company Meta Platforms Inc (NASDAQ: META). The stock is already down more than 50% so far in 2022, and its second-quarter earnings report expected out on Wednesday could make the difference between a change in trend or the next leg lower. The...
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8 Snap Analysts React To Q2 Earnings Miss: 'Not Snapping Back Anytime Soon'
Friday, July 22, 2022 - 2:58pm | 916Snap Inc (NYSE: SNAP) shares traded lower by 38% on Friday after the company disappointed Wall Street with its second-quarter numbers. On Thursday, Snap reported a second-quarter adjusted EPS loss of 2 cents, missing analyst estimates of a 1-cent loss. Snap's $1.11 billion in revenue for the...
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Why 2023 Could Be A Huge Year For Amazon
Friday, June 10, 2022 - 2:38pm | 384Amazon.com, Inc. (NASDAQ: AMZN) is off to a rocky start to 2022, down 35.5% year-to-date. However, Bank of America analyst Justin Post said this week that Amazon is well-positioned for a big year in 2023. The Amazon Analyst: On Monday, Post reiterated his Buy rating and $188 price target for Amazon...
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A Warning Sign For Other Advertisers? Snapchat Analysts React To Shocking Guidance Cut, Stock Sell-Off
Tuesday, May 24, 2022 - 12:53pm | 872Snap Inc (NYSE: SNAP) shares are plummeting 40% after CEO Evan Spiegel warned employees the company will miss its targets for revenue and earnings in the second quarter. In a note to employees on Monday afternoon, Spiegel said Snap will also be slowing its hiring as it looks to cut costs...
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5 American Stocks To Buy To Bet On An Economic Rebound: From Amazon To Coca-Cola
Friday, May 13, 2022 - 12:16pm | 809U.S. GDP dropped 1.4% in the first quarter of 2022, and the SPDR S&P 500 ETF Trust (ARCA: SPY) is down 16.3% year-to-date as investors become increasingly concerned about the possibility of a U.S. recession in 2022. However, Bank of America economist Aditya Bhave said this week that underlying...
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Analysts Cut Peloton Price Targets But Remain Impressed With Potential Growth
Wednesday, May 11, 2022 - 3:00pm | 613Connected fitness company Peloton Interactive Inc (NASDAQ: PTON) reported quarterly earnings Tuesday morning. The company missed revenue and earnings per share estimates and shares sold off. Here is what analysts are saying about the quarterly report. The Peloton Analysts: Bank of America...
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'Pent-Up Demand Driving Strength': Airbnb Analysts React To Q1 Earnings Beat
Wednesday, May 4, 2022 - 1:02pm | 689Airbnb Inc (NASDAQ: ABNB) shares traded higher by 4.9% on Wednesday after the company reported big first-quarter earnings growth and said it expects a sharp rebound in summer travel in 2022 as pandemic headwinds abate. On Tuesday, Airbnb reported a first-quarter adjusted EPS loss of 3 cents, well...
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Buy, Sell Or Hold? Netflix, PayPal And The 6 Worst-Performing Stocks Of 2022
Friday, April 29, 2022 - 12:39pm | 931The SPDR S&P 500 ETF Trust (NYSE: SPY) is off to a horrible start to 2022, down 11.7% year-to-date. However, a handful of popular stocks have severely lagged the market and generated much heavier losses for investors this year. The threat of sharply rising interest rates and a slowdown in...
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'Difficult Environment And Tough Comps': Google Analysts React To Disappointing Earnings Report
Wednesday, April 27, 2022 - 3:59pm | 582Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) shares traded lower by 3% on Wednesday after the tech giant reported an earnings miss and disappointed the market with its YouTube numbers. On Tuesday, Alphabet reported first-quarter adjusted EPS of $24.62 on revenue of $68.01 billion. Both numbers fell...
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5 Snap Analysts Break Down Q1 Earnings: What's The Read-Through For Advertising?
Friday, April 22, 2022 - 3:22pm | 509Social media platform Snapchat parent company Snap Inc (NYSE: SNAP) reported quarterly earnings Thursday after the market close. Shares were extremely, volatile going from red to green sharply in the after-hours trading session. So where do analysts stand with the company after the latest report?...
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Why Airbnb Analyst Isn't Recommending The Stock Despite One Of The 'Best Marketplace Models In The Internet Sector'
Tuesday, April 19, 2022 - 3:16pm | 426Airbnb Inc (NASDAQ: ABNB) investors are optimistic that the global travel industry recovery in 2022 will kick-start the stock after a lackluster past 12 months. On Tuesday, Bank of America analyst Justin Post said he loves Airbnb's unique business model, but the stock may have limited upside at...
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TikTok Is Eating Into Ad Growth For Snapchat, Instagram And More: Here Are The Numbers
Monday, April 18, 2022 - 3:05pm | 490Social media platform TikTok has taken the world by storm in recent years. Bank of America analyst Justin Post took a look at just how much of an impact TikTok has single handedly had on existing social media companies. The Numbers: TikTok has popularized the short-form video content format and...