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The Latest Breaking News from Mark Mahaney

Amazon Celebrates Prime Day With Bullish Wall Street Ratings

E-commerce giant Amazon.com kicked off its annual Prime Day sales event on Tuesday with a couple of bullish Wall Street reports.

Investors Business Daily

Netflix Stock Surges On Upbeat Advertising Business Outlook

Netflix stock jumped Thursday after the internet television network reported steady growth for its advertising-supported subscription service.

Investors Business Daily

As Cloud Computing Growth Slows, Tech Titans Turn To AI For A Boost

Revenue growth slowed for cloud computing giants again in the first quarter. Now, they're using artificial intelligence to reaccelerate sales.

Investors Business Daily

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Spotify Tops 500 Million Active Listeners, Mimics TikTok With App Redesign

Streaming music leader Spotify Technology surpassed 500 million active listeners in the first quarter, beating its target for the period.

Investors Business Daily

It's Google Vs. Amazon Now In Online Shopping

Amazon's Buy With Prime program could boost its e-commerce dominance. But Google has refocused on using e-commerce-related searches to boost advertising growth.

Investors Business Daily

Hard-Hit Shopify Stock Sets Layoffs, CEO Says 'I Got This Wrong'

Shopify stock is one of 2022's big losers. But analysts expect a reacceleration in revenue growth for SHOP stock in 2023, despite worries over a U.S. recession.

Investors Business Daily

Wall Street Analysts Clash Over Netflix Stock After Q2 Earnings

Analysts debated whether Netflix stock is on the comeback trail following the company's mixed second-quarter earnings report.

Investors Business Daily

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Europe Steps Up Big Tech Crackdown With Digital Markets Act

Europe’s Digital Markets Act, due for approval the week of July 4, would limit the power of Big Tech firms on the internet.

Investors Business Daily

TikTok Is Eating Up Rivals. Can It Keep Users Hooked?

If the sun is setting on Facebook, then TikTok is dancing in the moonlight. How long can its short-form video hold consumers' fickle attention?

Bangkok Post

Evercore Lists Amazon's USPs - Shipping Elasticity, Brand Advertising, Grocery Delivery, Cheap Valuation

Analysts led by Mark Mahaney at Evercore ISI reiterated their Outperform rating on Amazon.com Inc (NASDAQ:AMZN) with a target price on the stock of $4,300, implying more than 30% upside. Amazon remains the investment bank advisory group's top mega-cap long holding. Mahaney and his team highlight four underappreciated elements of the company. Firstly, Amazon's recent…

Benzinga

Evercore ISI Sees 44% Upside In Netflix, Reiterates Rating

Evercore ISI analyst Mark Mahaney said his 1,500-respondent U.S. quarterly survey on Netflix Inc (NASDAQ: NFLX) was "modestly positive."

Benzinga

PreMarket Prep Stock Of The Day: Roku

In the current market environment, it's hard to be bullish on a growth technology stock, especially when it gets clobbered after its earnings report.

Benzinga

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