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- S&P 500, Dow tick higher as investors weigh Mideast negotiations
- Oil falls 4% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Needham Starts NeoVolta (NEOV) at Buy
- Companies to add 40 million barrels of oil to US SPR after Iran war ends, energy secretary says
- China makes small dent in deflation battle as supply-demand imbalance persists
- Sanuwave cuts Q2 2026 revenue guidance amid Ultramist sales pressure
BofA on Amazon.com (AMZN): 'Faster delivery expanding to rural America'
June 24, 2025 1:53 PM EDTBofA Securities analyst Justin Post reiterated a Buy rating and $248.00 price target on Amazon.com (NASDAQ: AMZN)
The analyst comments "As part of Amazons $4bn+ investment to triple the size of our [rural] delivery network by the end of 2026, Amazon is expanding Same-Day and Next-Day delivery to over 4,000 small cities and towns by the end of this year. The... More
JPMorgan Reiterates 'Best Idea' on Amazon.com (AMZN)
June 24, 2025 6:27 AM EDTJPMorgan analyst Doug Anmuth reiterated an Overweight rating and $240.00 price target on Amazon.com (NASDAQ: AMZN)
The analyst comments "Amazon remains our best idea and our December 2025 PT of $240 is based on ~32.5x our 2026E FCF of $75B. Retail advertising growing fast and gaining wallet share. Retail media is one of the fastest growing online ad verticals & represents an estimated 15-20% of US online ad spend (~$42B-$56B), and the advertising opportunity remains significant across both revenue & as a margin tailwind. The US online... More
