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Amazon Analysts See Growth Ahead With AWS In 'Early Innings Of A Big AI Cycle,' Advertising Segment Fast-Growing 'Hidden Asset'
Friday, November 1, 2024 - 1:46pm | 914Amazon.com Inc (NASDAQ:AMZN) analysts see strength in AWS, retail and advertising after the company’s third-quarter results. The Amazon Analysts: Bank of America analyst Justin Post reiterated a Buy rating on Amazon and raised the price target from $210 to $230. Wedbush analyst Scott Devitt...
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Apple Q4 Results 'Better-Than-Feared': Analysts Highlight iPhone 16 Demand, Apple Intelligence Opportunity After 'Rock Solid Quarter'
Friday, November 1, 2024 - 12:19pm | 1013Apple Inc (NASDAQ:AAPL) beat analysts’ fourth-quarter revenue and earnings estimates, but guidance that came in below estimates has analysts questioning the future outlook after Thursday’s report. The Apple Analysts: Bank of America analyst Wamsi Mohan reiterated a Buy rating on Apple...
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Alphabet 'At The Forefront Of The AI Race': Analysts See Attractive Valuation; Highlight Cloud, YouTube, Search Results
Wednesday, October 30, 2024 - 2:25pm | 1495Alphabet Inc (NASDAQ:GOOG)(NASDAQ:GOOGL) is viewed favorably by analysts after showing strength in cloud, search and YouTube segments and spending on AI initiatives paying off, after the company reported third-quarter financial results Tuesday. The Alphabet Analysts: BMO Capital analyst Brian Pitz...
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Alphabet Q3 Earnings Preview: Antitrust Probe, 2024 Election, Streak Of Revenue Beats And More For Investors To Watch
Monday, October 28, 2024 - 1:25pm | 1043Technology giant Alphabet Inc (NASDAQ:GOOG)(NASDAQ:GOOGL) is one of several Magnificent 7 stocks set to report what could be a telling of how much growth is ahead in the tech sector and how AI investments are paying off when the company reports third-quarter financial results after market close...
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Netflix 'Should Continue To Outperform': 6 Analysts On Streaming Stock's Q3 Earnings
Friday, October 18, 2024 - 12:32pm | 1096Netflix Inc (NASDAQ:NFLX) analysts are impressed with third-quarter results and strong subscriber additions. The company's fourth-quarter and 2025 guidance is leading to more bullish commentary from Netflix analysts and increased price increases after Thursday's results. The Netflix Analysts:...
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Disney's Streaming Surge, Epic Games Deal Among Key Growth Drivers, Says Analyst
Thursday, September 26, 2024 - 1:06pm | 480Needham analyst Laura Martin reiterated a Buy rating for Walt Disney Co (NYSE:DIS) with a $110 price target. The re-rating is based on: • Direct to Consumer (DTC) breakeven in fiscal 2024 with “double-digit” margins at maturity. • 5.5 million to 6 million new subscribers...
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Apple Revenue Growth 'Just Too Slow For Investors To Get Excited About': Analyst Highlights Advertising As Future Catalyst
Thursday, September 19, 2024 - 10:20am | 617An Apple Inc (NASDAQ:AAPL) analyst says the company could turn to advertising revenue and other areas of growth as concerns mount over iPhone 16 demand. The Apple Analyst: Needham analyst Laura Martin reiterated a Buy rating and $260 price target on Apple. The Analyst Takeaways: Apple faces...
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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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Apple Analysts Mixed After Glowtime Event: iPhone 16 Could 'Drive Upgrades,' But 'Next Year Will Be Better'
Tuesday, September 10, 2024 - 12:32pm | 1140Apple Inc (NASDAQ:AAPL) analysts saw limited details on Apple Intelligence and came away mostly mixed or negative from the Glowtime event held Monday. The Apple Analysts: Bank of America analyst Wamsi Mohan reiterated a Buy rating with a $256 price target. Needham analyst Laura Martin reiterated a...
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'We Saved The Industry,' FuboTV CEO Says After Judge Halts Sports JV: Analyst Expects Injunction Will Kill Venu
Monday, August 19, 2024 - 11:51am | 923The temporary halt of a sports streaming joint venture from The Walt Disney Company (NYSE:DIS), Warner Bros. Discovery (NASDAQ:WBD) and Fox Corporation (NASDAQ:FOX)(NASDAQ:FOXA) is a big win for FuboTv Inc (NYSE:FUBO), but the battle continues, an analyst said Monday. The Fubo Analysts: The...
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Alphabet Stock Swings On DOJ Investigation: Analyst Says 'GOOGL Is Worth More In Pieces Than Together'
Wednesday, August 14, 2024 - 4:11pm | 998Analysts, investors, and experts are closely examining the potential impacts of a breakup or restructuring of Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) as the Department of Justice considers measures to address Google's dominance in the search market. Legal Case Against Google: Former Department...
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Disney Analysts Tackle Theme Park Weakness, Streaming Profits: 'The Upside In The Entertainment Units More Than Offsets The Parks Miss'
Thursday, August 8, 2024 - 11:58am | 734The Walt Disney Company (NYSE:DIS) stock analysts see concerns for the company’s theme park business weighing on financials and offsetting profitability shown for streaming in the third quarter. The Disney Analysts Bank of America analyst Jessica Reif Ehrlich reiterated a Buy rating and...
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Meta Platforms 'In Rarified Air' With Scale, Growth, Profitability: 12 Analysts Size Up Q2 Results, How 'Zuck Won AI Bingo Before The Game Started'
Thursday, August 1, 2024 - 1:36pm | 1364Meta Platforms Inc (NASDAQ:META) gets higher price targets from analysts on the strength of its artificial intelligence initiatives, though with some concerns about higher spending, after reporting second-quarter financial results that beat estimates. The Meta Platforms Analysts: KeyBanc analyst...
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Netflix Analysts Praise Q2 Earnings, But Are Cautious On Advertising Growth: 'Slower Than NFLX Planned'
Friday, July 19, 2024 - 1:55pm | 711Streaming giant Netflix Inc (NASDAQ:NFLX) beat revenue and earnings estimates in the second quarter, but analysts have questions over long-term subscriber growth and slower than expected advertising revenue growth seen in Thursday’s report. The Netflix Analysts: Macquarie analyst Tim Nollen...
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Trump's New Running Mate J.D. Vance Wants To Break Up Google: Could 2024 Election Be Bad For Big Tech?
Wednesday, July 17, 2024 - 4:38pm | 906Donald Trump's vice-presidential pick, Senator J.D. Vance, adds a former venture capitalist to the GOP ticket for the 2024 presidential election. It also comes as business leaders in the tech space donate to the former president. But Vance has favored breaking up large tech companies, namely...