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☆ Wall Street's biggest banks say Amazon is still a screaming 'buy' despite its ugly earnings results. Here's why, and where they see future growth coming from.
▼ + stars: | 2022-10-31 | by ( Morgan Chittum | ) www.businessinsider.com time to read: +4 min

The company's share price has dropped by more than 15% since then. Amazon's third-quarter earnings disappointed investors on Thursday, sending the company's stock into a tailspin. What's Wall Street saying? Outcry over grueling and unsafe working conditions from employees has not tipped the scale for shareholders or Wall Street analysts. His firm holds Amazon stock.

☆ Analysts remain confident in Amazon long term as shares crater, expect 'redemption story' ahead
▼ + stars: | 2022-10-28 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Amazon 's disappointing quarterly results signaled to analysts that even the giants aren't immune to a macro slowdown. Analysts trimmed price targets and estimates to reflect a broader macro slowdown at the e-commerce giant following the results, with analysts at Deutsche Bank and Wolfe Research saying it's time to "batten down the hatches." However, most analysts remain bullish on the company's long-term trajectory, maintaining their outperform and buy ratings on the stock. That said, analysts across the board trimmed price targets and estimates to reflect the broader macro pressures. He trimmed his price target on the stock to $137 from $157 a share, suggesting 23% upside ahead for the stocks.

☆ Wall Street analysts are worried about Meta as it plans to spend even more money on the metaverse
▼ + stars: | 2022-10-27 | by ( Sarah Min | ) www.cnbc.com time to read: +4 min

Meta 's third-quarter results have Wall Street analysts split on the struggling tech stock. Morgan Stanley's Brian Nowak downgraded shares of Meta to equal weight from overweight after the results , and slashed its price target to $105 from $205. Cowen's John Blackledge downgraded Meta to market perform from outperform, and lowered his price target to $135 from $205 prior, citing the higher opex and capex trajectory. JPMorgan's Doug Anmuth slashed his Meta price target to $115 per share from $180, noting that it's unclear when the Facebook parent will see a return on its big metaverse and AI investments. Meanwhile, AllianceBernstein's Mark Shmulik, who maintained an outperform rating while lowering the price target to $135 from $195, said the "shocking cost guidance overshadows reasonable core."

☆ Wall Street analysts see short-term pressure for Alphabet following earnings miss
▼ + stars: | 2022-10-26 | by ( Carmen Reinicke | ) www.cnbc.com time to read: +4 min

Revenue also came in short at $69.09 billion where Wall Street analysts anticipated $70.58 billion. Those weaker-than-expected results were driven by a slowdown in ad spending and a slip in revenue at YouTube, areas where analysts expected growth. Citi analyst Ronald Josey cut his price target on the company to $120 from $140 to reflect slower revenue growth and margin pressures. A leaner Alphabet Alphabet announced that it would slow hiring in the coming quarter in a move to increase efficiency. "We believe advertising, content and product sales are converging, and GOOGL appears to be ahead of this trend, which is promising."

☆ Chip firm Navitas, worth $1 billion, is competing with industry leaders to replace silicon chips with more environmentally-friendly gallium-nitride ones.
▼ + stars: | 2022-10-25 | by ( Aaron Mok | ) www.businessinsider.com time to read: +7 min

After spending decades working with silicon chips, Sheridan started Navitas to capitalize on an emerging technology he says has a multibillion-dollar market potential. Today, most of Navitas' GaN chips can be found in phone and laptop chargers made by companies like Samsung, LG, Lenovo, and Dell. Sheridan said integrated circuits gave Navitas chips a competitive edge over GaN chips produced by competitors like Infineon, Texas Instruments, and Nvidia. GaN chips are far from replacing silicon chipsWhile GaN chips have promise, silicon chips are dominant. It says it has also invested in research and development to design GaN chips for bigger systems.

☆ Why analysts say Netflix's third-quarter results signal the start of a 'narrative defining period'
▼ + stars: | 2022-10-19 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

Netflix 's subscriber turnaround in the third quarter signaled to many that the streaming giant's troubles are behind it. But some analysts warn the company isn't out of the woods just yet and the stock is entering a defining period. The streaming giant on Tuesday reported subscriber growth of roughly 2.4 million, topping expectations set by analysts, after back-to-back quarters of subscriber losses. That said, Morgan Stanley's Benjamin Swinburne wrote in a note to clients that the stock is overstating Netflix's outlook ahead. But without a boost in the pace of streaming growth, he sees difficulty for Netflix to surpass 10% growth in the foreseeable future.

☆ Tesla investors try to ignore Musk's many distractions
▼ + stars: | 2022-10-16 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +7 min

While that’s good news for Twitter’s long-suffering shareholders, Tesla investors hope he still has some time for them. There are big challenges in China as well, with Tesla going up against homegrown EV rivals like Nio (NIO), Xpeng and Li Auto. Too many distractionsGary Black, managing partner at the Future Fund and a Tesla shareholder, has been tweeting for the past few weeks that concerns about Twitter are a headache for Tesla investors. In one tweet, Black said there are several problems for Tesla due to Twitter. The underwhelming deliveries and production numbers also underscore how a slowing global economy (and possible recession) could hurt Tesla.

☆ Jeremy Sheridan of Prime Trust explains company's report on the state of crypto regulation
▼ + stars: | 2022-10-12 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJeremy Sheridan of Prime Trust explains company's report on the state of crypto regulationCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Jeremy Sheridan of Prime Trust discusses a new report from the company tracking the state of regulation for the industry.

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEther sinks below $1,300, and Google partners with Coinbase for crypto payments: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Jeremy Sheridan of Prime Trust discusses a new report from the company tracking the state of regulation for the industry.

☆ Australia mourns Queen Elizabeth from home of 'world's oldest continuous culture'
▼ + stars: | 2022-09-22 | by ( ) www.reuters.com time to read: +2 min

An image of Britain's Queen Elizabeth is illuminated on the sail of Sydney Opera House, following the Queen's passing, in Sydney, Australia, September 9, 2022. The ceremony was opened by a First Nations Elder, Aunty Violent Sheridan, who made a traditional Welcome to Country, and remembered Queen Elizabeth as a mother and grandmother. Albanese, who returned to Australia a day earlier after attending Queen Elizabeth's funeral in London, noted her memory was being honoured "on a continent home to the world's oldest continuous culture". In a speech at the memorial ceremony he said Australia had undergone a transformation during Queen Elizabeth's reign. Queen Elizabeth had taken pride in Australia's progress and "stood with us", he said, and Australia's "affection held strong".

☆ The CEO of chip firm Navitas details its master plan to take on giants like Intel and AMD with a more environmentally-friendly chip that could be more powerful than silicon
▼ + stars: | 2022-08-19 | by ( Aaron Mok | ) www.businessinsider.com time to read: +7 min

In that environment, crooks were easily able to impersonate jobless Americans using stolen identity information for sale in bulk in the dark corners of the internet. When Yvonne Matlock lost her job last year and applied for unemployment benefits online, she was told she was already getting relief money. Through a public records request, NBC News obtained data from the Labor Department, which funds Covid relief unemployment benefits programs, that are riddled with blank values and underestimates. ID.meMore than two-thirds of states, 34, reported no cases of identity theft overpayments in the most vulnerable unemployment benefits program. Cash App, which describes itself as "the easiest way to send money, spend money, save money, and buy cryptocurrency," has been frequently used by fraudsters to move money, law enforcement officials and private consultants said.

☆ (video) Ce filme să privești în acest weekend la cinematograful Cineplex din Chișinău
▼ + stars: | 2021-06-11 | by ( Onixmedia Srl | ) diez.md time to read: +2 min

Fără zgomot, toți cei care mă vor mort și încă trei filme interesante te așteaptă în acest weekend la cinematograful Cineplex. Familia Abbott (Emily Blunt, Millicent Simmonds, Noah Jupe) și-a părăsit casa unde au avut loc tragicele evenimente, și este acum nevoită să înfrunte terorile lumii exterioare. Mama și cei trei copii își continuă lupta pentru supraviețuire cu îndârjire, deși creaturile care vânează după zgomote nu mai sunt singurele pericole mortale care pândesc din întuneric. Dar în curând apare o problemă și mai mare: un angajat diabolic şi ambițios conspiră împotriva celor trei. Filmul îi mai are în rolurile principale pe Nicholas Hoult, Finn Little, Aiden Gillen, Medina Senghore, Tyler Perry, Jake Weber și Jon Bernthal.

Persons: Abbott, Emily Blunt, Millicent, Noah Jupe, Tom, Jerry, Tim Story, Dom, Brian, Jakob, Angelina Jolie, Hannah, Nicholas Hoult, Finn, Senghore, Tyler Perry, Jake Weber, Jon Bernthal, Oscar Taylor Sheridan, Michael Koryta, Charles Leavitt Locations: New York, răufăcătoare

☆ (video) Cinci filme pe care să le privești în această săptămână la cinematograful Cineplex din Chișinău
▼ + stars: | 2021-05-27 | by ( Onixmedia Srl | ) diez.md time to read: +3 min

(video) Cinci filme pe care să le privești în această săptămână la cinematograful Cineplex din ChișinăuCinematograful Cineplex te invită la cinci filme captivante în această săptămână. Fiecare dintre voi aveți ocazia să fiți printre primii care vor viziona aceste pelicule în Moldova. Dom Toretto duce o viață liniștită alături de Letty și fiul său, micuțul Brian, cu toate că pericolul planează întotdeauna asupra orizontului lor pașnic. O minte genială dar sadică dezlănțuie un mod bolnav de a face justiţie în filmul Spiral: Următorul capitol Saw. Filmul este regizat de Darren Lynn Bousman și scris de Josh Stolberg & Pete Goldfinger.

Persons: Dom, Brian, Jakob, Angelina Jolie, Hannah, Nicholas Hoult, Finn, Senghore, Tyler Perry, Jake Weber, Jon Bernthal, Oscar Taylor Sheridan, Michael Koryta, Charles Leavitt, Koryta, Patrick Hill, Holt, Samuel L . Jackson, Zeke, Banks, Max Minghella, Chris, Marisol Nichols, Mark, Darren Lynn Bousman, Josh Stolberg, Pete Goldfinger Locations: Chișinău, Moldova, Securities, Los Angeles, justiţie, Mark Burg

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