Investing

When it comes to long-term growth prospects, e-commerce and cloud computing giant Amazon (AMZN) remains a top pick among Wall Street analysts. Mizuho analyst James Lee is particularly bullish on the stock, reiterating a buy rating and setting a price target of $230. Lee’s optimism stems from the potential acceleration in revenue growth for Amazon’s
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The stock market encountered a volatile week with several significant events impacting trading volume and overall performance. While there are opportunities for companies’ shares to rebound, there are also risks of further cooling off in the market. Inflationary fears, rising Treasury yields, and subdued bank earnings weighed on investors, resulting in the major averages such
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Uber is one of the tech stocks that analysts are keeping a close eye on during earnings season. According to Wells Fargo analysts, Uber is expected to post favorable results in early May. Uber Analyst Ken Gawrelski has expressed optimism about the ride-sharing company’s future, stating that the recent Investor Day and medium-term guidance have
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The recent March inflation report has caused quite a stir in the stock market, with stocks plunging after the consumer price index reading came in higher than expected. The Dow Jones Industrial Average plummeted by more than 500 points, while the S & P 500 and Nasdaq Composite also experienced significant declines. Investors had been
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Energy prices are on the rise, and master limited partnerships (MLPs) are catching the attention of legendary investor Bill Gross. In a recent social media post, Gross expressed his love for MLP pipelines, comparing them favorably to artificial intelligence. MLPs have seen significant growth in the past 12 months, with some climbing by double digits.
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Alphabet’s recent cloud event has sparked optimism among investors, particularly in light of concerns about the tech giant’s artificial intelligence (AI) capabilities. Despite facing challenges in the AI realm, Google Cloud’s unique assets and upcoming product announcements could help differentiate its offerings and improve market sentiment. Wall Street analysts, such as Bank of America’s Justin
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