Amazon mulls offering veterinary telehealth - CNBC

Walmart (WMT) PT Raised to $196 at Tigress Financial Partners

October 24, 2023 4:37 PM EDT

Tigress Financial Partners analyst Ivan Feinseth raised the price target on Walmart (NYSE: WMT) to $196.00 while maintaining a Buy rating.

The analyst comments "We reiterate our Buy rating on WMT and increase our 12-month target price to $196 as it continues to grow revenue and gain market share driven by its value, convenience, expanding grocery offerings, ongoing digital initiatives, and expanding omnichannel shopping model. WMT continues to benefit from consumers pursuing value pricing on food and personal care products along with its ongoing technological advancements that improve the consumer shopping experience and enhance its... More

Morgan Stanley expects movement in these stocks following Q3 earnings

October 24, 2023 2:12 PM EDT

Q3 earnings season is firmly underway, and Morgan Stanley analysts have revealed their conviction list of companies they expect to move on the near-term event.

In a note headed by analyst Michelle Weaver, the firm said it views six stocks positively and two negatively. The firm also said its checks suggest the third quarter is not likely to see broad misses, but fourth-quarter guidance is still uncertain.

Weaver named Amazon (NASDAQ: AMZN), Cytokinetics (NASDAQ: CYTK), DraftKings (NASDAQ: DKNG), LifeStance... More

Amazon (AMZN) considers offering pet telehealth as it looks to compete with Walmart - CNBC

October 24, 2023 9:12 AM EDT

(Updated - October 24, 2023 9:13 AM EDT)

Amazon (NASDAQ: AMZN) considers offering pet telehealth as it looks to compete with Walmart - CNBC

Earlier this year, Walmart+ subscribers gained complimentary access to pet telehealth services provided by... More

Evercore Keeps Amazon.com (AMZN) on Top Pick and TAC Lists Ahead of Earnings: 'Attractive Risk/Reward Set-Up'

October 24, 2023 8:13 AM EDT

Evercore ISI analyst Mark Mahaney reiterated an Outperform rating and $190.00 price target on Amazon.com (NASDAQ: AMZN).

The analyst comments "Our View: Based on intra-quarter data points and our model sensitivity analysis, we view the Streets Q3 Revenue (+11% Y/Y and +5% Q/Q), Operating Income (implying 5.3% margin) and AWS Revenue (+12.5% Y/Y and 4% Q/Q) estimates as... More

Seaport Global Securities Starts Amazon.com (AMZN) at Buy, 'Expect steady Retail growth'

October 24, 2023 6:20 AM EDT

(Updated - October 24, 2023 6:25 AM EDT)

Seaport Global Securities analyst Aaron Kessler initiates coverage on Amazon.com (NASDAQ: AMZN) with a Buy rating and a price target of $145.00.

The analyst comments "Expect steady Retail growth, continued Retail margin improvement from fulfillment/shipping... More

Amazon (AMZN) October weekly 127 straddle into quarter results

October 24, 2023 4:39 AM EDT

Amazon (NASDAQ: AMZN) October weekly 127 straddle is priced for a move of 6% into the expected release of quarter results after the bell on October 26.

... More

Microsoft reports, Alphabet earnings, Coca-Cola: 3 things to watch

October 23, 2023 3:52 PM EDT

Investing.com -- Tech stocks were leading gains on Monday, recovering earlier losses as bond yields eased back. Investors have tech earnings on their minds.

This week features reports from Microsoft, Alphabet (NASDAQ: GOOGL), Meta Platforms (NASDAQ: META), and Amazon (NASDAQ: AMZN) among the big tech firms. Tech stocks soared earlier this year on enthusiasm for the promise of artificial... More

S&P 500 in choppy trade as tech rallies after Treasury yields run out of steam

October 23, 2023 3:52 PM EDT

Investing.com -- The S&P 500 swung between gains and losses Monday, amid choppy trade as investors weighed up retreating Treasury yields and a rally in tech stocks to ahead of the quarterly earnings from big tech this week.

The Nasdaq rose 0.3%, the S&P 500 fell 0.2%, and the Dow Jones Industrial Average fell 0.6% or 191 points.

Treasury yields retreat from highs

Treasury yields slipped following their recent multi-year highs, with the yield on the 10-year Treasury falling to 4.854% after rising to a 16-year... More