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The Latest Breaking News from Scott Devitt

Amazon's Record-Smashing Stock Rally Isn't Over, Analyst Says: 'AWS Remains The Star Of The Show'

Amazon.com Inc (NASDAQ:AMZN) analysts are raising their price targets on the stock after the company beat revenue and earnings-per-share estimates in the third quarter and posted strong growth in the AWS cloud segment.

Benzinga

Meta Stock Has 'Meaningful Runway Ahead': Aggressive AI Investing Opens Up 'New Opportunities'

Meta Platforms (NASDAQ:META) raised its CapEx spending outlook after third-quarter financial results. Analysts are mixed on how the spending will help the company in the short- and long-term.

Benzinga

Amazon Q3 Preview: Will AWS Outage, Job Cuts Overshadow Earnings, Growth Plans?

Amazon.com Inc (NASDAQ:AMZN) could be overshadowed by recent negative headlines when it reports third-quarter financial results on Thursday after market close.

Benzinga

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Amazon Poised For Big 2026 Breakout, Says Analyst

Amazon.com. Inc (NASDAQ:AMZN) is showing strong momentum in its core retail business and significant underlying growth in its Amazon Web Services (AWS) cloud division, driven by accelerating demand for its artificial intelligence services.

Benzinga

Wall Street Sees Klarna's AI Strategy, US Partnerships Driving Next Growth Phase

As global spending habits continue to shift toward digital transactions, the buy-now-pay-later industry is experiencing rapid expansion, drawing significant interest from investors worldwide. This trend has set the stage for Klarna Group PLC‘s (NYSE:KLAR) recent high-profile debut on the New York Stock Exchange, marking a significant milestone in the sector’s…

Benzinga

Google Stock Roars Back After 'Government Folds Like Cheap Suit'

Wall Street's sentiment on Alphabet, Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) has turned sharply positive following Tuesday's long-anticipated ruling in the DOJ search antitrust case, with the decision largely favoring the company relative to investor expectations.

Benzinga

Alphabet Stock Pops After Google Antitrust Ruling: What to Know

GOOGL stock is soaring Wednesday after a judge ruled that Alphabet does not have to divest its Chrome browser.

Kiplinger

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Whole Foods Corporate Employees Set To Gain Amazon Perks In Major Benefits Overhaul

Amazon.com (NASDAQ:AMZN) will extend its corporate staff programs, including pay structures and benefits, to U.S. corporate employees at Whole Foods.

Benzinga

Amazon's Grocery Delivery Expansion Seen As Game-Changer In $90-Billion Online Market Opportunity

Amazon.com (NASDAQ:AMZN) continued to trade higher on Thursday, fueled by investor optimism surrounding its U.S. grocery delivery service expansion to all customers in over 3,500 cities. Previously limited mainly to Prime members, the service now offers same-day delivery from Amazon Fresh and Whole Foods to everyone, with lower fees for Prime…

Benzinga

Shopee Expects 25% GMV Growth, Sea Rides Tide Past Expectations As Two Analysts Raise Price Targets

Shares of Shopee parent company Sea Ltd (NYSE:SE) rose in early trading on Wednesday, after the Singapore-based conglomerate reported upbeat second-quarter results on Tuesday.

Benzinga

Nasdaq Ends the Week at a New High: Stock Market Today

The S&P 500 came within a hair of a new high, while the Dow Jones Industrial Average still has yet to hit a fresh peak in 2025.

Kiplinger

DoorDash's Strong Growth Signals Ambitious Long-Term Trajectory

DoorDash, Inc. (NASDAQ:DASH) shares are trading higher on Thursday.

Benzinga

Airbnb Impresses With Earnings, Yet Wall Street Flags Travel Headwinds And Tougher Comps

Airbnb (NASDAQ:ABNB) shares are trading lower on Thursday after the company warned of a deceleration in growth during the latter half of this year.

Benzinga

Uber Posts Q2 Beat, Well-Positioned To Drive Strong Growth: Analysts

Shares of Uber Technologies Inc. (NYSE:UBER) rose slightly in early trading on Thursday, after the company reported upbeat second-quarter results on Wednesday.

Benzinga

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Benzinga

Meta's Q2 Results Turn Skeptics Into Believers As Capex Narrative Shifts

Following an exceptionally strong second-quarter earnings report and optimistic third-quarter guidance issued on Wednesday, Meta Platforms (NASDAQ:META) has seen a wave of positive reratings and increased price forecasts from prominent Wall Street analysts.

Benzinga

Carvana Shifts Into High Gear After Q2 Beat, Analysts Boost Price Targets

Carvana Co (NYSE:CVNA) shares rallied in early trading on Thursday, after the company reported on Wednesday positive second-quarter earnings.

Benzinga

eBay Impresses On Earnings, But Wall Street Sees Trade-Offs Ahead

Earnings season often brings surprises that can shift market dynamics, particularly as companies navigate post-pandemic economic recovery and evolving consumer behaviors. Shares of eBay Inc (NASDAQ:EBAY) rallied in early trading on Thursday, after the company Wednesday reported upbeat second-quarter earnings.

Barchart

Down 14% on Earnings, Should You Buy the Dip in This Growth Stock?

This social media cratered 14% in a single day after earnings, but analysts came to its defense.

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Kiplinger

Pinterest Stock Is Falling Despite an Earnings Beat. Here's Why

Pinterest stock is spiraling Friday as the DIY social media site's weak outlook offsets stronger-than-expected Q3 earnings.

Kiplinger

Lyft Stock Gets a Lift on Long-Term Financial Targets

Lyft stock is trading higher Friday after the ride-sharing firm provided 2027 financial targets at its first-ever Investor Day. Here's what you need to know.

International Business Times

Google, Apple Discuss Integrating Gemini AI Into iPhones, Stocks Soar

Google and Apple are reportedly in talks to integrate Gemini's generative AI technology into iPhones, sparking a surge in both companies' stock prices.

Benzinga

What's Going On With Netflix Stock?

Shares of several companies are trading higher Tuesday as stocks rebound following weakness stemming from recent Fed policy tightening. However, Netflix Inc (NASDAQ: NFLX) is underperforming. So what's going on?

Benzinga

Here's Why Analysts Are Lowering Price Targets On Amazon After Q1 Earnings

E-commerce giant Amazon.com, Inc. (NASDAQ: AMZN) reported mixed earnings Thursday and announced guidance that came in lower than analysts' estimates for the second quarter. Here's why analysts are lowering their price targets and sound more cautious moving forward.

Benzinga

RBC Capital Cuts Shopify's Price Target By 23%

Shopify Inc (NYSE:SHOP) (TSX:SHOP) price target has been lowered to $1000 (an upside of 116%) from $1300 by RBC Capital analyst Paul Treiber. The analyst maintained the Outperform rating on the shares. The analyst states that the proposed changes to Shopify’s share structure may be contentious. Treiber adds that while some terms in the proposal…

Benzinga

Here's Why Analysts Expressed Caution Ahead Of Netflix's Q1

Analysts expressed caution ahead of Netflix Inc (NASDAQ:NFLX) Q1 earnings, highlighting EMEA's churn risk, the company's second-largest region, due to potential consumer spending pressure tied to higher energy costs and broader inflationary pressures and loss of subscribers in Russia. Baird analyst William Power noted that each 10 bps increase in churn could negatively…

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