Ken Gawrelski

In 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,...

Large and mid-cap tech companies, specifically shares of Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL), Meta Platforms Inc (NASDAQ:META), Pinterest Inc (NASDAQ:PINS), and Snap Inc (NYSE:SNAP) are under the spotlight as analysts at Wells Fargo initiated coverage on the stocks Wednesday. The Wells Fargo...

Shares of Amazon.com, Inc (NASDAQ:AMZN) are moving to the upside by more than 3% Thursday after a report issued by The Wall Street Journal suggests that the company is seeking to launch an advertising-supported Prime Video streaming service tier to build its ad business further and generate more...