The Latest Breaking News from Scott Devitt

MercadoLibre is the IBD Stock of the Day. Post-earnings, MELI stock is forming a bullish cup-with-handle base.

A rebound for Facebook’s parent company has propelled Meta stock to 160% growth this year. What's in store for third-quarter earnings?

Amazon stock was rising Thursday morning, as analysts are increasingly bullish on the e-commerce giant ahead of earnings.

Instacart stock has had a rough first month on the public market. But analysts see reasons to like CART's long-term potential.

Amazon is "replicating the AWS playbook" as it expands with a new supply chain service for merchants.

Shares of Pinterest have been rising in recent months, helped by an advertising partnership with Amazon and a push for more shopping.

On the strength of an improving advertising business and cost-cutting measures, Meta stock has surged nearly 150% thus far in 2023.

A trio of analyst reports this week said improved e-commerce fulfillment capabilities will deliver upside for Amazon stock going forward.

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?

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. 

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…