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Artificial Intelligence, AWS: What Amazon Investors Are Watching For When E-Commerce Giant Reports Q2 Earnings
Wednesday, August 2, 2023 - 2:34pm | 385Amazon.com, Inc (NASDAQ:AMZN) is set to issue its second-quarter earnings print on Thursday after the closing bell. Investors and analysts are focusing on the company’s efforts in artificial intelligence (AI) in light of this year’s AI boom. Here's what you need to know. By The Numbers...
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Netflix Q2 Earnings Preview: Earnings Estimates, Analyst Predictions And Key Concerns Like The Hollywood Strike
Tuesday, July 18, 2023 - 12:24pm | 937Streaming giant Netflix Inc (NASDAQ: NFLX) is set to report second-quarter financial results after market close Wednesday, July 19. Here’s a look at what analysts expect from the company that was just nominated for 103 Emmy Awards. Earnings Estimates: For the second quarter, Netflix is...
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Amazon Analysts Preach Patience In Wake Of Slower AWS Growth: 'Management Laser-Focused On Returning The Company To Dynamic Growth'
Friday, April 28, 2023 - 11:03am | 940Ecommerce and technology giant Amazon.com Inc (NASDAQ: AMZN) reported first quarter financial results after market close Thursday. The Amazon Analysts: Oppenheimer analyst Jason Helfstein has an Outperform rating and raises the price target from $125 to $130. Morgan Stanley analyst Brian Nowak has...
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Pachter Pounds The Gavel On Activision Deal, Says Microsoft Prepared To Beat Regulators 'Into Submission'
Thursday, February 9, 2023 - 1:09pm | 899The United Kingdom's Competitions and Markets Authority has indicated the deal between Activision Blizzard Inc (NASDAQ: ATVI) and Microsoft Corp (NASDAQ: MSFT) could hurt competition in the space. Wedbush analyst Michael Pachter laid out why the regulatory chatter is...
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WATCH TUESDAY: Cameron Dawson, Gene Munster And More Bring 2023 Investment Ideas To Special Edition Of Benzinga's PreMarket Prep
Monday, December 26, 2022 - 3:23pm | 437During the turbulent year of 2022, the PreMarket Prep crew has brought on a wide variety of guests to help investors navigate the sometimes treacherous investing environment. Not all of their investment ideas have come to fruition — but then, whose investment ideas have been right 100%...
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Roku's 'Revenue Trends Continue To Deteriorate': 4 Analysts On Streaming Platform's Q3 Earnings
Thursday, November 3, 2022 - 11:09am | 502Roku Inc (NASDAQ: ROKU) announced downbeat guidance Thursday, causing a massive sell-off in the stock. Here's what the Street has to say. Morgan Stanley On Roku Analyst Benjamin Swinburne maintained an Underweight rating while reducing the price target from $50 to $45. The company...
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'Negative Short-Term Catalyst': Take-Two Hack Leaves Analysts Agape On 'Grand Theft Auto 6' Game Leak
Monday, September 19, 2022 - 5:59pm | 1040The highly anticipated Grand Theft Auto 6 video game from Take-Two Interactive Software Inc (NASDAQ: TTWO) was officially confirmed by the company earlier this year but had no release date set. Gamers had been waiting for it to come out for years with the last game in the series,...
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Fubo Must 'Cut Cash Burn,' Former Bull Says Of Sports Streamer Following Investor Day
Wednesday, August 17, 2022 - 11:48am | 390Webush dropped its bullish stance on Fubotv Inc (NYSE: FUBO) Wednesday. The stock is trading down nearly 10% after gaining more than 40% Tuesday as the sports streaming company held its investor day. The Fubo Analyst: Michael Pachter downgraded FuboTV from Outperform to Neutral and...
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Benzinga Bulls And Bears Of The Week: Netflix, Coinbase, Apple, Rivian And A Biotech Scooped Up By Cathie Wood
Saturday, May 21, 2022 - 3:01pm | 905Benzinga has examined the prospects for many investor favorite stocks over the past week, while offering a 24/7 news feed, live chat and charting software on Benzinga Pro. It was another difficult week for investors as stock prices continued to fall amid high volatility. It was the ...
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Longtime Netflix Bear Upgrades The Streaming Stock, But Is It A Better Investment Than Disney?
Monday, May 16, 2022 - 2:39pm | 422Netflix Inc (NASDAQ: NFLX) was featured as the call of the day Monday on CNBC's "Fast Money Halftime Report." What Happened: Wedbush analyst Michael Pachter upgraded Netflix from a Neutral rating to an Outperform rating, citing the potential for better-...
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Wedbush Upgrades Netflix As 'Immensely Profitable, Slow-Growth Company': What Else Interests The Analyst?
Monday, May 16, 2022 - 11:18am | 394Netflix Inc (NASDAQ: NFLX) shares traded higher by 3.3% on Monday after the company received an upgrade on Wall Street. The Analyst: Wedbush analyst Michael Pachter upgraded Netflix from Neutral to Outperform and reiterated his $280 price target. Related Link: Buy, Sell Or Hold? Netflix, PayPal And...
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Barron's Latest Picks And Pans: Meta, Netflix, Roku, Bed Bath & Beyond And This Major Wireless Carrier
Saturday, April 23, 2022 - 4:47pm | 752Benzinga reviews this weekend's top stories on Barron's, for additional information on the latest market news, Benzinga Pro offers a 24/7 news feed, live chat and charting software. "Facebook Is Broken. Execs Say a Fix Won’t Come Fast," by Eric...
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Netflix Analyst Upgrades Stock After Longtime Bearish Stance: Here's Why
Wednesday, March 9, 2022 - 11:51am | 512Netflix, Inc. (NASDAQ: NFLX) shares have come under pressure recently, and the weakness has prompted an analyst at Wedbush to upgrade the stock and take a neutral stance on it. The Netflix Analyst: Michael Pachter upgraded Netflix from Underperform to Neutral, with a $342 price target. The analyst...
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PreMarket Prep: Wedbush's Michael Pachter On The Microsoft-Activision Deal And Risk Arbitrage
Tuesday, February 15, 2022 - 6:03pm | 674There are several different ways investors make money in the financial markets. One way that is not found as often in the daily headlines is risk/merger arbitrage. This strategy attempts to profit from the narrowing of the gap in the price of a company being acquired and the acquirer's...
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Why The $70B Activision-Microsoft Deal Could Hurt Sony
Tuesday, January 18, 2022 - 6:19pm | 559Wedbush Securities analyst Michael Pachter named Activision Blizzard Inc (NASDAQ: ATVI) his top stock for 2022 at the end of December. Those who followed Pachter into Activision are already reaping the benefits, as the stock surged higher by more than 35% Tuesday morning before...