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The Latest Breaking News from Justin Post

Amazon’s money-bleeding Alexa division could face more cuts if a paid version of its AI-enabled voice assistant flops, BofA says

“If Amazon does not see adoption of a paid tier … we think Amazon could cut Alexa investment further to reduce losses,” Bank of America analysts warned.

Fortune

TikTok Ban Passes Ahead of Meta Earnings: What To Know

Lawmakers voted in favor of banning social media platform TikTok just ahead of rival Meta Platforms' earnings report.

Kiplinger

Stock Market Today: Stocks Extend Monthly Losing Streak

The main indexes ended Tuesday with modest gains but finished October in the red.

Kiplinger

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Is Zuckerberg's Obsession With The Metaverse Becoming A Problem For Investors?

Meta Platforms Inc (NASDAQ: META) shares jumped Wednesday after the company announced it is laying off more than 11,000 employees in an effort to c

Benzinga

5 Apple Analysts On Q4 Earnings Beat: 'Consumer Staple-Like Demand Characteristics'

Apple Inc (NASDAQ: AAPL) shares traded higher by 7.8% on Friday after the company reported a fourth-quarter earnings beat but said iPhone sales

Benzinga

10 Amazon Analysts Lower Price Targets: How The Street Is Reacting To Disappointing Q3 Earnings, AWS 'Surprise'

Here’s what analysts are saying about Amazon.com Inc's (NASDAQ: AMZN)

Benzinga

11 Alphabet Analysts On Q3 Earnings Miss, Surprise YouTube Revenue Decline

Alphabet, Inc.

Benzinga

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7 Snap Analysts On Q3 Sales Miss: 'Meaningful Competition From TikTok'

Snap Inc (NYSE: SNAP) shares traded lower by 30% on Friday after the company disappointed Wall Street with its third-quarter numbers.

Benzinga

5 Snap Analysts React To Restructuring Plan: 'Attractive Opportunity For Long-Term Holders'

Snap 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.

Benzinga

Airbnb's Q2 Performance Was Good But Analysts Remain Wary Of Q3 Due To Uncertain Macros

Airbnb, Inc (NASDAQ: ABNB) reg

Benzinga

6 Amazon Analysts React To Q2 Earnings Report: 'Our Top '22 FANG Stock'

Amazon.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.

Benzinga

These 7 Analysts Have Very Different Takeaways From Alphabet's Q2 Print

Google-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.

Benzinga

8 Snap Analysts React To Q2 Earnings Miss: 'Not Snapping Back Anytime Soon'

Snap Inc (NYSE: SNAP) shares traded lower by 38% on Friday after the company disappointed Wall Street with its second-quarter numbers.

Benzinga

Why 2023 Could Be A Huge Year For Amazon

Amazon.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.

Benzinga

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Benzinga

A Warning Sign For Other Advertisers? Snapchat Analysts React To Shocking Guidance Cut, Stock Sell-Off

Snap 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.

Benzinga

5 American Stocks To Buy To Bet On An Economic Rebound: From Amazon To Coca-Cola

U.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.

Benzinga

Analysts Cut Peloton Price Targets But Remain Impressed With Potential Growth

Connected 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.

Benzinga

'Pent-Up Demand Driving Strength': Airbnb Analysts React To Q1 Earnings Beat

Airbnb 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.

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Benzinga

'Difficult Environment And Tough Comps': Google Analysts React To Disappointing Earnings Report

Alphabet 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.

Benzinga

5 Snap Analysts Break Down Q1 Earnings: What's The Read-Through For Advertising?

Social media platform Snapchat parent company Snap Inc (NYSE: SNAP) reported quarterly earnings Thursday after the market close.

Benzinga

Why Airbnb Analyst Isn't Recommending The Stock Despite One Of The 'Best Marketplace Models In The Internet Sector'

Airbnb 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.

Benzinga

TikTok Is Eating Into Ad Growth For Snapchat, Instagram And More: Here Are The Numbers

Social 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.

Benzinga

Survey: US Travel Demand On The Rise, And Airbnb Could Benefit

The global travel industry was crushed during the pandemic, but the latest travel survey from Bank of America suggests Airbnb Inc (NASDAQ: ABNB) could be a big winner from a rebound in travel demand this year.

Benzinga

Uber Analyst Says Business Is Booming In March, Despite Spike In Gas Prices

Shares of Uber Technologies Inc (NYSE: UBER) jumped 4.6% on Thursday after the company announced a new deal that will allow the app to list New York City taxis on its app for the first time.

Benzinga

4 Internet Stocks To Buy On The Dip

Internet stocks have gotten hit particularly hard by the 2022 stock market sell-off, but Bank of America analyst Justin Post said the market volatility has created some excellent long-term buying opportunities for choosy investors.

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