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Helping fund that growth has been growing demand for retirement products, said CEO Marc Rowan. Here's Rowan's case for why your nest egg is the next frontier for the alternative asset manager. Helping to fund those loans is Apollo's retirement business, which Apollo CEO and cofounder Marc Rowan sees as the investment firm's "single biggest opportunity" for future growth. A slide from Apollo's earnings presentation that highlights inflows into Apollo's lines of business. Advertisement"I do envision a day when we will be talking about 60-40 portfolios that are comprised of public and private," Rowan said.
Persons: Marc Rowan, Here's, , There's, Rowan, Athene, Apollo Rowan, unravels ChatGPT, Trump, Rowan hasn't Organizations: Apollo Global Management, Service, Apollo Global, North Star
Cryptocurrencies were slightly higher as investors looked forward to results from the U.S. presidential election. We believe bitcoin, being less than 0.1% of global financial assets, has enough headroom for growth regardless of election outcome." "A constructive crypto friendly SEC would open opportunity for all crypto assets beyond bitcoin," he said. And … if either side pushes towards a crypto friendly SEC. The Trump side has promised a crypto friendly SEC, while the Harris side has promised to defend ownership of crypto assets, although the crypto community would have preferred more specific crypto policy from Harris."
Persons: memecoins dogecoin, Shiba, bitcoin, Mara, Coinbase, Kamala Harris, Donald Trump, Harris, Bernstein, Gautam Chhugani, Chhugani, there's, Trump, Gary Gensler, Sen, Elizabeth Warren Organizations: U.S, Metrics, Solana, Mara Holdings, SEC, Trump, Securities and Exchange Commission Locations: bitcoin
Morgan Stanley reiterates Live Nation as overweight Morgan Stanley raised its price target on the stock to $140 per share from $120. Bank of America reiterates Apple as buy Bank of America says it sees "limited" impact to Apple earnings regardless of the Presidential outcome. Bank of America reiterates Palantir as buy The firm says Palantir is an AI "juggernaut" following earnings on Monday. Bank of America reiterates Arista Networks as buy Bank of America says it sees share gains ahead for the networking equipment company. Morgan Stanley reinstates Krispy Kreme as equal weight Morgan Stanley says Krispy Kreme has a balanced risk/reward right now.
Persons: Morgan Stanley, it's bullish, Eli Lilly, Palantir, Bernstein, Eaton, Deutsche, there's, Jefferies, Rick Dreiling, MTZ, Morgan Stanley reinstates Krispy, Krispy Kreme Organizations: Bank of America, Boeing, JPMorgan, RBC, Microsoft, " Bank of America, Broadcom, Apple, Republicans, Arista Networks, Arista, Meta, Deutsche Bank, eBay, Barclays, Energy, Infrastructure, Communications, Resources, IDA Locations: San Antonio, Redmond , WA
“Knowing India has a strong presence in Bhutan, China naturally becomes vulnerable in the bordering region,” said Rishi Gupta, assistant director at the Asia Society Policy Institute in New Delhi. “None of the roads connect into Bhutan, they start from the Chinese border and end in forest areas. ‘No intrusion’Bhutan has repeatedly denied that Chinese construction has taken place in its territory. Bhutanese Foreign Minister Tandi Dorji, left, and Chinese Foreign Minister Wang Yi meet in Beijing in October 2023. They picked up formal talks last October for the first time since the Doklam standoff, with Bhutan’s foreign minister making a rare visit to Beijing.
Persons: , that’s, Xi Jinping, Robert Barnett, Lotay Tshering “, SOAS ’ Barnett, Barnett, Bhutan’s, ” Barnett, Doklam, Bhutan –, Rishi Gupta, Jieluobu, Jieluobu –, Yun Sun, , SOAS’s Barnett, , Damien Symon, Symon, relocatees, Lotay Tshering, it’s, Karma Phuntsho, Manoj Joshi, Tandi Dorji, Wang Yi, Xi Organizations: CNN, East China Seas, Planet Labs, SOAS University of London, Tibet Autonomous, Labs, Bhutan’s Ministry of Foreign Affairs, SOAS, Gurinder, India’s Ministry, Affairs, Asia Society Policy, Beijing, Jieluobu, Stimson, Demalong ., Demalong . Tibet Federation of Industry, Commerce, Intel Lab, Chatham House, La, National, ” Observers, Observer Research, Trade, Foreign, Ministry Locations: Bhutan, China, Tibet, South, East, India, Tibet Autonomous Region, Demalong, Lhuntse, “ China, Indian, Chinese, Nathu La, Sikkim, Gurinder Osan, Delhi, Beijing, Siliguri, New Delhi, Doklam, Washington, Semalong, Luozha, WeChat, Demalong . Tibet, London, Jieluobu, Belgian, , Thimphu, Kula, Bhutanese
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street.
Persons: Jim Cramer, Bond, it's, we'll, Jim Cramer's, Jim Organizations: CNBC, Federal Reserve, Federal Open Markets, Treasury, DuPont, Rogers Corporation, Devon Energy, Novo Nordisk, CVS Health, Howmet Aerospace, Holdings, Jim Cramer's Charitable Locations: Celanese
Silicon anodes vs. solid-state batteriesAnalysts say silicon anodes theoretically offer 10 times the energy density as graphite, which are commonly used in battery anodes today. Silicon anodes, for example, are known to swell significantly during charging, which reduces the battery's longevity. Especially in the West, advances in the area of silicon anodes [are] seen as strategic opportunity to catch up with China. Nonetheless, analysts remain skeptical about when solid-state batteries will actually make it to market. "However, there are significant technical challenges going to 100% silicon anode such as silicon expansion affecting the longevity of the batteries and currently there are several routes to produce silicon anodes," he added.
Persons: IDTechEx, carmakers, Venkat Srinivasan, Srinivasan, hasn't, Rory McNulty, McNulty, Georgi Georgiev, Georgiev, Taiwan's, Sila Nanotechnologies Organizations: Parc des, Chesnot, Getty, Mercedes, Porsche, GM, Center for Energy Storage Science, government's, government's Argonne National Laboratory, CNBC, EV, Benchmark Mineral Intelligence, Bloomberg, Fastmarkets, Toyota, Nissan, China's SAIC Motor Corp, ProLogium, Paris Locations: Parc, Paris, France, government's Argonne, Chicago, Siheung, South Korea, West, China, U.S
A new Burger King restaurant under construction in Tortosa, Spain, following the current expansion of Restaurant Brands International Inc. - the parent company of BK- in new and existing markets. Restaurant Brands International on Tuesday reported quarterly earnings and revenue that missed analysts' expectations as domestic same-store sales growth for all four of its chains fell short of Wall Street estimates. Burger King, Firehouse Subs and Popeyes all reported same-store sales declines in their home markets. But the Canadian coffee chain still fell short of Wall Street's same-store sales growth expectations of 4.1%, based on StreetAccount estimates. Outside of the U.S. and Canada, Restaurant Brands' international same-store sales rose 1.8% in the quarter, just shy of estimates of 2.2%.
Persons: Burger, Popeyes, Tim Hortons Organizations: Burger King, Restaurant Brands, Inc, BK, LSEG, Brands Locations: Tortosa, Spain, China, U.S, Canada
Newly public child care services provider KinderCare Learning has a standout strategy that could boost its profits well into the future, according to Goldman Sachs. Goldman Sachs led the KinderCare initial public offering at $24 a share last month. The company also serves families across all income demographics, including those that get subsidies for child care, which broadens its addressable market. Goldman estimates the domestic child care industry is worth about $76 billion, and predicts it should grow at an annual rate of about 6% long term. Tong expects KinderCare revenue to top that, rising between 6% and 9%, as it makes acquisitions of smaller providers and further cements its advantages as a large-scale player.
Persons: Goldman Sachs, George Tong, Tong, Goldman Organizations: KinderCare, New York Stock Exchange, Child Care Locations: U.S, KinderCare
That has forced Remy Cointreau, whose stock has fallen 50% for the year, to slash its full-year guidance and expects another year of double-digit declines in sales. The declines are a “normalization” within the industry, with alcohol sales nearing their pre-Covid levels, according to Marten Lodewijks, IWSR’s president for the US division. Cheaper private labels have had a boon in sales, mirroring a larger trend of customers seeking more affordable options in all aspects of their life. Aldi’s lineup is growing double digits in sales, bucking the broader industry trends of declines, Arlin Zajmi, director of national buying for adult beverages, told CNN. Aldi has seen its wine and beer sales soar.
Persons: Remy Cointreau, Pernod Ricard, Jose Cuervo, Proximo, ” Lisa Hawkins, , Luca Marotta, Remy Cointreau’s, Jameson, Kahula, Hélène de Tissot, Marten Lodewijks, bottlers, Arlin Zajmi, Scott Olson, it’s, ” Zajmi, ” Bryan Roth Organizations: New, New York CNN, Anheuser, Busch, CNN, Spirits, Consumers, Aldi Locations: New York, United States
Whoever wins the 2024 U.S. election should work to preserve America's energy dominance rather than risk losing it, TotalEnergies CEO Patrick Pouyanne told CNBC on Monday. The U.S. is the world's largest oil producer, accounting for 22% of the global total, according to the Energy Information Administration, with Saudi Arabia next, producing 11%. The vast majority of U.S. crude is consumed within the country, which is also the world's largest oil consumer. Roughly 64% of total U.S. crude oil production is shale and the French international energy firm CEO said the U.S. will also soon be No. Looking ahead to the election, former President Donald Trump and the Republican party have long been proponents of U.S. shale production, pushing for deregulation of the industry and an expansion of drilling projects — drawing the ire of climate activists and many on the left.
Persons: Patrick Pouyanne, Pouyanne, CNBC's Dan Murphy, Donald Trump Organizations: CNBC, Energy Information Administration, French, U.S, Republican Locations: U.S, Saudi Arabia, Abu Dhabi
For many Americans, the most important focus heading into a presidential election is how the winner will impact their wallet. Related storiesFor drug prices, Harris has promised to expand two provisions in the Inflation Reduction Act, allowing Medicare to negotiate the prices of some drugs. HarrisHarris' planned policy includes the construction of 3 million new housing units, as well as an expansion to the Low-Income Housing Tax Credit. TrumpTrump has also proposed expanding the child tax credit, which currently provides up to $2,000 per child. In August, the vice presidential candidate JD Vance floated a child tax credit proposal that would include $5,000 per child for families of all income levels.
Persons: Harris, Trump, Trump's, Joe Biden's, Biden, Trump Trump, — Trump, Harris Harris, , Vance, hasn't Organizations: Trump, Federal Reserve, White, Trump Trump Locations: Americas
And the next president — Donald Trump or Kamala Harris — along with the new Congress will set the agenda. Here are four big things the 119th Congress will have to tackle. Trump tax cuts worth trillions of dollars are expiring after 2025Major portions of Trump’s 2017 tax law totaling $3.3 trillion will expire at the end of 2025. Former President Trump has said he wants to fully extend the expiring tax breaks across all income levels and pursue deeper tax cuts. If it lapses, many Americans would see spikes in their insurance premiums, which may put pressure on Congress to act.
Persons: — Donald Trump, Kamala Harris —, Trump, Harris, Barack Obama, There'll Organizations: WASHINGTON, Trump, Republicans, Democratic, Affordable, Congressional, Office, Treasury Department, U.S, Republican Locations: California, New York
As China's biggest shopping festival of the year gets underway, analysts are starting to favor Chinese logistics companies as a way to play the online shopping trend. The JPMorgan report initiated coverage of U.S.-listed ZTO Express , which the analysts said is China's largest express parcel player with more than 20% of the market. ZTO YTD mountain ZTO Express shares in the U.S. in 2024. Morgan Stanley is less bullish, rating J & T equal-weight while citing competitive risks in China and potential challenges in Southeast Asia. "Cuts on overseas profitability outlook has weakened our investment thesis," the Morgan Stanley analysts said.
Persons: JD.com, Morgan Stanley, ZTO, Morgan Stanley's, Nomura, Jet Li, Li, Michael Bloom Organizations: JPMorgan, YTO Express, STO Express, Yunda, T Global Express Ltd, ZTO's, ZTO Express, J, T Global Express, HK, Nomura, Hong Kong, Hong, CNBC Locations: Hong Kong, U.S, China, Southeast Asia, T Global Express Hong Kong
The major stock benchmarks rallied Friday but were lower last week, with the Nasdaq leading the way lower after reaching new highs. Eight other Club names reported earnings last week, including Eli Lilly and Eaton. Despite indications from Big Tech that Nvidia's AI chips will remain in hot demand, the Club stock fell 4.3% for the week. The S & P 500 , which is less tech-weighted, fell nearly 1.4% for the week, making it back-to-back weekly losses for the broader market index. Earnings After analyzing earnings reports from 14 of our portfolio companies last week, there is only one Club name on the docket this week.
Persons: Eli Lilly, Eaton, Jim Cramer, financials Goldman Sachs, Kamala Harris, Donald Trump, Harris, Trump, That's, Jerome Powell, We're, we'll, Archer, Johnson, Jim Cramer's, Jim, Brendan McDermid Organizations: Nasdaq, Devices, Apple, Microsoft, Big Tech, Club, Nvidia, Dow, Intel, AMD, Dow Jones, Visa, American Express, JPMorgan, Bond, Federal Reserve, Boeing, Treasury, White, DuPont, Election, Protection, Electronics, Industrial, Constellation Energy, Marriott, Century Fox, Wynn Resorts, WYNN, Goodyear Tire, Cirrus, Diamondback Energy, Daniels, Midland, Apollo Global Management, Ferrari, Restaurant Brands, Emerson Electric, Devon Energy, Novo Nordisk, CVS Health, Howmet Aerospace, Teva Pharmaceutical Industries, Cedar Fair Entertainment, Toyota, American Electric Power Company, Johnson Controls, Dine Brands, Holdings, AMC Entertainment, Qualcomm, Coty, COTY, Energy, Barrick, Halliburton, HAL, Hershey, Air Products & Chemicals, Warner Bros ., Arista Networks, Rivian Automotive, Trade, Icahn Enterprises, Sony, SONY, Paramount, Jim Cramer's Charitable, CNBC, New York Stock Exchange Locations: BlackRock, Florida, China, Sluggishness, Cleveland, New York City, U.S
Top Wall Street analysts closely follow the key details of a company's quarterly results. (See Fiserv Financials on TipRanks)Boot BarnWe now move to Boot Barn (BOOT), a retailer of western and work-related footwear, apparel and accessories. Despite the beat-and-raise quarter, BOOT stock plunged as investors reacted unfavorably to the company's announcement about the planned departure of CEO Jim Conroy in November. Following the print, Baird analyst Jonathan Komp upgraded his rating for Boot Barn stock to buy from hold, while maintaining the price target at $167. (See Boot Barn Stock Charts on TipRanks)Chipotle Mexican GrillFinally, let's look at this week's third stock, restaurant chain Chipotle (CMG).
Persons: Ivan Feinseth, Feinseth, TipRanks, Jim Conroy, Conroy, Baird, Jonathan Komp, Komp, Chris O'Cull, O'Cull Organizations: Manhattan , New York City . Tech, Wall Street, Tigress, FI, Ross Stores Locations: Manhattan , New York City
LONDON — Buy now, pay later firm Affirm launched Monday its installment loans in the U.K., in the company's first expansion overseas. Founded in 2012, Affirm is an American fintech firm that offers flexible pay-over-time payment options. Affirm, which is authorised by the Financial Conduct Authority, said its U.K. offering will include interest-free and interest-bearing monthly payment options. Among the first merchants offering Affirm as a payment method in the U.K. are Alternative Airlines, the flight booking website, and payments processing firm Fexco. Max Levchin, CEO of Affirm, told CNBC that the company had been working on its launch in the U.K. for over a year.
Persons: Max Levchin, Levchin Organizations: PayPal Inc, Enercare Center, LONDON, Financial, Authority, Walmart, Airlines, CNBC, Affirm's Locations: Toronto, Canada, American
Ukrainian President Volodymyr Zelensky addresses the 78th United Nations General Assembly at UN headquarters in New York City on September 19, 2023. President Volodymyr Zelenskyy called on Ukraine's allies to stop "watching" and take action to tackle the presence of North Korean troops in Russia before they start confronting his country in combat. "The first thousands of soldiers from North Korea are near the Ukrainian border. Zelenskyy said Ukraine had pinpointed every location where North Korean soldiers were posted in Russia. "But instead of such necessary long-range capability, America watches, Britain watches, Germany watches...," he said.
Persons: Volodymyr Zelensky, Volodymyr Zelenskyy, Zelenskyy Organizations: United Nations General Assembly, UN Locations: New York City, Russia, North Korea, Ukrainian, Ukraine, Britain, Germany
Satellite images appear to show a SIAR system on Triton Island in the South China Sea. China previously built a SIAR system on Subi Reef in the Spratly Islands, further south in the South China Sea and west of the Philippines. "This is an iteration on a long-term Chinese strategy to dominate the sensor space in the South China Sea," he said. AdvertisementLast fall, the Pentagon documented growth in China's intelligence-gathering capabilities in the South China Sea, especially at the Spratlys. China's new SIAR system on Triton Island helps grow its reconnaissance and surveillance network in the South China Sea.
Persons: , Chatham House's John Pollack, Damien Symon, Maxar, Chatham, Gregory Poling, Michael Dahm, Dahm, Aaron Haro Gonzalez Organizations: Service, Business, Chatham House, Triton, Southeast Asia Program, Asia Maritime, Center for Strategic, International Studies, Pentagon, Aerospace, China Studies, Mitchell Institute, US, Communication, US Air Force Locations: China, South China, South, Chatham, Spratly, Philippines, Hainan, Beijing, Aaron Haro Gonzalez China
Reno Mayor Hillary Schieve says city leaders should cut regulations that stymie construction. AdvertisementThe mayor of Reno, Nevada, argues that the single best thing city leaders can do to help solve one of the country's worst housing shortages is to loosen regulations on housing construction. As mayor, Schieve has celebrated the new jobs and the growth of arts and culture in Reno and its surroundings. Under Schieve, Reno has loosened some of its regulations by allowing for more density, reducing parking requirements, and cutting fees. Schieve, the former chairwoman of the US Conference of Mayors, said Reno's rules regarding affordable housing construction are relatively lenient.
Persons: Hillary Schieve, , There's, Schieve, Alex Horowitz, Tesla, she's, Joe Biden, Biden, Adrianne Todman, Donald Trump's, We've, we've, Vance, That's, Trump, Kamala Harris Organizations: Reno, Service, Apple, US, of Mayors, White Locations: Nevada, Reno , Nevada, Reno, Las Vegas
The holiday shopping season is upon us, and our retail stocks are well-positioned to thrive, according to Wall Street research firm Telsey Advisory Group. Telsey Advisory expects value-seeking to be a key theme among shoppers this year, which puts companies with reputations for good deals on solid ground. Overall, the firm expects holiday retail sales up between 3% to 3.5% this year, compared with 4.6% growth last year and a 5.4% increase in 2022. Costco has had a good year so far, and that should continue in the final months of 2024, Telsey Advisory argued. Big picture Telsey Advisory selecting these four Club stocks as preferred names this holiday season reflects their competitive chops within their respective categories.
Persons: Dana Telsey, Milton, we've, Jim Cramer's, Jim Cramer, Jim, Thomas Trutschel Organizations: Telsey Advisory, Costco, TJX Companies, Telsey, Walmart, CNBC, National Retail Federation, Hurricanes, U.S, Amazon Prime, Photothek, Getty
In the 30 years between the Detroit Lions’ winning divisional titles — a drought that lasted from 1993 to 2023 — the division they were in changed names. Meanwhile, in the same period, the Green Bay Packers were dominant. Are the Packers and Love about to embark on another run of divisional dominance? Whatever this division has been called for the last 30 years, the odds were Green Bay was going to win it. If this really is a new era of Detroit football, Sunday is a chance for the Lions to make a statement.
Persons: Brett Favre, Aaron Rodgers —, Jordan Love, Love, Malik Willis, Weeks, Willis, He’s, Jared Goff, Organizations: Detroit Lions ’, NFC Central, NFC, Houston Texans, NFL, Lions, Green Bay Packers, Detroit, Packers, of Fame, Jacksonville Jaguars, Minnesota Vikings, Green Locations: Green, Detroit
Charlotte Kates, a New Jersey native and Rutgers Law School graduate who co-founded the pro-Hamas organization Samidoun, has become the focus of an ongoing legal debate: When does free speech cross the line into breaking federal anti-terrorism laws? Germany banned the organization last November, and Israel designated it a terrorist organization in 2021. Kates’ open support of terrorist organizations puts her in the middle of a growing legal dispute: When does free speech cross the line into breaking federal anti-terrorism laws? “As far as I’m concerned, this is legitimate political advocacy, unpleasant as it may be.”What is ‘knowingly’ coordinating with a terrorist organization? “You don’t have a right to pick and choose which law to follow.”Not all federal law enforcement experts agree with Burns’ approach.
Persons: Charlotte Kates, Kates, , ” Kates, Samidoun, Tom Petrowski, ” Petrowski, Dr Basem Naim, Odysee Petrowski, David Goldberger, Goldberger, , , Basem Naim, Naim, Israel “, Andrew Lichtenstein, they’re, John Roberts, Stephen Breyer, Sonia Sotomayor, Ruth Bader Ginsburg, “ We’re, “ It’s, Frank Figliuzzi, ” Figliuzzi, Daniel Richman, webinars, ” Richman, “ Definitionally, Khaled Barakat, Barakat, ” Samidoun, Lara Burns, Burns, George, ” Burns, Barbara McQuade, ” McQuade, McQuade, webinar Organizations: Rutgers Law School, NBC News, Treasury, Canadian, Republican, Justice Department, FBI, Civil, Terrorism Task Force, Hamas, Samidoun, Odysee, Palestine Islamic, American Civil Liberties Union, YouTube, , Columbia University, Supreme, Kurdistan Workers ’ Party, Liberation Tigers, NBC, Columbia, Treasury Department, Front, Liberation, PFLP, Palestine, Palestinian, Columbia University Apartheid, World Trade, Patriot, Brandenburg, Land Foundation, George Washington University’s Program, Extremism, Islamic State, Eastern, Eastern District of Locations: New Jersey, Vancouver , British Columbia, U.S, South Africa, Germany, Israel, Vietnam, Dallas, Palestine, American, Skokie , Illinois, New York, Chicago, New York City, Kurdistan, Tamil Eelam, webinars, Swiss, Instagram, Brandenburg v . Ohio, Texas, Eastern District, Eastern District of Michigan
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailA weak yen is 'absolutely negative' for Fast Retailing, says ChairmanTadashi Yanai, Chairman and CEO of Fast Retailing explains the impact the weak yen has on the business, and outlines why expansion in China is the Uniqlo operator's top priority.
Persons: Tadashi Yanai Organizations: Retailing Locations: China
He added, "Votes of union workers in the United States against tentative agreements tend to reflect the white-hot anger of union employees against their employers. Tentative agreements are their only chance for them to express their frustration with their employer and their anger at the way they have been treated." A BNSF spokesperson said it is planning to attend the formal national labor negotiations even as it has announced nine tentative union agreements, five of which have already been ratified. It also has tentative agreements with the International Brotherhood of Electrical Workers (IBEW), SMART-TD, SMART-TD-YDM (Yardmasters Department), the International Brotherhood of Boilermakers, and Iron Ship Builders (IBB). To date, Norfolk Southern has reached tentative agreements with 10 of its 13 unions, covering approximately 67% of its craft workforce.
Persons: Berkshire Hathaway, Jeremy Ferguson, Ferguson, Joe Biden, Richard Edelman, Mooney, Green, Murphy, Welch, Daniel Imbro, Stephen, Brotherhood of Railway Carmen, we've, Mark George, Imbro, it's Organizations: Union Pacific, CSX, BNSF, Canadian Pacific, Canadian Pacific Kansas City —, SMART, Railway Labor, National Carriers ' Conference Committee, Railroads, NSC, National Conference of Firemen, Oilers, Tran, Transportation Communications Union, TCU, Brotherhood of Railway, International Brotherhood of Electrical Workers, Yardmasters Department, International Brotherhood of Boilermakers, Iron Ship Builders, Norfolk, Norfolk Southern, National Carriers ' Locations: Southern, Berkshire, Canadian Pacific Kansas, United States, Norfolk Southern, Norfolk
Wall Street analysts think Amazon is only at the beginning of a new era of growth. Here's what analysts at some of the biggest shops on Wall Street are saying about Amazon's latest earnings report. His $250 per share price target implies more than 34% upside from Thursday's close. "Another margin upside surprise supports our retail margin efficiency upside thesis, while AWS is still in the early innings of a big AI cycle and is investing accordingly," Post said. The analyst also increased his 2025 full-year earnings per share forecast by roughly 4%.
Persons: Doug Anmuth, Anmuth, Justin Post, Lee Horowitz, " Horowitz, Ronald Josey's, Josey Organizations: Web Services, JPMorgan, Bank of America, Deutsche Bank, Citi
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