Nasdaq AMZN Amazon

U.S. stocks were muted on Tuesday as mixed corporate earnings and solid economic data preoccupied investors while the Federal Reserve convened for its monetary policy meeting.

Amazon's (NASDAQ: AMZN) bid to buy iRobot (NASDAQ: IRBT) is over. But this hardly ends the robot maker's saga as the company deals with losses and growing debt on its balance sheet. Travis Hoium covers the challenge ahead in this video.

Whether Amazon.com can cash in on its delivery heft by boosting fee revenue from its "Buy With Prime" service after a 2022 overhaul of its logistics network will be a big focus for investors when the e-commerce giant reports fourth-quarter results on Thursday.

Amazon’s AMZN fourth-quarter 2023 results, scheduled to be released on Feb 1, are likely to reflect gains from its strengthening cloud service offerings.AMZN’s cloud computing division, Amazon Web Services (“AWS”), dominates the c

Almost daily the S&P 500 index sets a new high, driven by increasing optimism about the growth prospects of the U.S. economy and cooling inflation in 2024.

InvestorPlace - Stock Market News, Stock Advice & Trading Tips

After a tough start to the year, the S&P 500 topped the 4,900 milestone for the first time in the latest trading session. This week is packed with more than 100 corporate earnings, a Federal Reserve policy meeting and the job

How much a stock's price changes over time is important for most investors, since price performance can both impact your investment portfolio and help you compare investment results across sectors and industries.

Below is Validea's guru fundamental report for AMAZON.COM INC (AMZN). Of the 22 guru strategies we follow, AMZN rates highest using our P/B Growth Investor model based on the published strategy of Partha Mohanram. This growth model looks for low book-to-market stocks that exhibi

Futures for Canada's main stock index were subdued on Tuesday ahead of earnings updates from Big Tech companies in the United States, domestic GDP data and the Federal Reserve's interest rate decision later this week.

F5, Inc. FFIV shares jumped 9.2% during Monday’s extended trading session after the company reported better-than-expected first-quarter fiscal 2024 results. This Seattle, WA-based company’s non-GAAP earnings of $3.43 per share bea

The S&P 500 index delivered a gain of 24.3% last year, but it was led higher by a group of stocks dubbed the "Magnificent Seven." This cohort includes:

Designed to provide broad exposure to the Large Cap Growth segment of the US equity market, the Vanguard Russell 1000 Growth ETF (VONG) is a passively managed exchange traded fund launched on 09/22/2010.

Technology giants Amazon ( NASDAQ:AMZN ) and Apple ( NASDAQ:AAPL ) will release quarterly earnings after the market closes on Thursday, February 1. Analysts’ consensus ratings reflect that Wall Street favors AMZN over AAPL ahead of their upcoming earnings.  In particular, AMZN’s quarterly numbers should benefit from solid holiday sales numbers, stabilization in its cloud business (AWS), and its focus on reducing costs. After the Q4 earnings release, its stock price could rise further. On the other hand, Apple offered lower-than-expected holiday sales guidance as its hardware sales are under pressure. If the company reports weak hardware sales in Q1, its share price may take a hit to some extent. Consequently, analysts are more bullish about AMZN stock.  With this backdrop, let’s look at the Street’s forecast for their upcoming earnings. AMZN: Q4 Expectations Analysts expect AMZN to report revenue of $165.96 billion in Q4, up over 11% year-over-year. Solid  holiday sales, durable growth in the advertising segment, and strength in its cloud business should drive its top line.  Meanwhile, leverage from higher sales and cost reductions will likely cushion its earnings. Wall Street projects that the e-commerce giant will  post EPS of $0.8 in Q4, up from $0.03 in the prior-year quarter.   Is Amazon Stock Expected to Go Up? AMZN stock has gained over 60% in one year. Despite this notable growth, Wall Street is bullish about its prospects. Ahead of Q4 earnings, Telsey Advisory analyst Joe Feldman increased AMZN’s price target to $185 from $165. The analyst expects the company to benefit from solid holiday sales, the stabilization of AWS, and its focus on profitability.  Including Feldman, AMZN stock has 37 unanimous Buy recommendations for a Strong Buy consensus rating. Analysts’ average price target of $187.77 suggests a further upside potential of 16.44%.  It’s worth highlighting that  options traders are pricing in a +/- 6.57% move on earnings, slightly lower than the previous quarter’s earnings-related move of 6.83%. The expected move is determined by computing the at-the-money straddle of the options closest to the expiration after the earnings announcement.  Learn more about TipRanks’ Options tool here. AAPL – Q1 Expectations Analysts expect Apple to report revenue of $117.99 billion in the first quarter of Fiscal 2024. This is roughly in line with the company’s prior-year sales of $117.22 billion. Softness in iPhone demand and an expected year-over-year decline in iPad and Wearables, Home, and Accessories will likely hurt AAPL’s top-line growth rate. However, strength in the Services business could continue to drive sales.  Wall Street projects that AAPL will  post earnings of $2.1 per share, up from $1.88 reported in the prior-year quarter. The analysts expect Apple’s bottom line to benefit from cost reductions. Is Apple a Buy, Hold, or Sell? Apple stock has gained nearly 35% over the past year, despite ongoing pressure on its product sales. Goldman Sachs analyst Mike Ng reiterated a Buy recommendation on AAPL stock on January 24. However, he lowered AAPL’s price target to $223 from $227. Further, the analyst lowered his EPS estimates. The analyst sees short-term headwinds from lower product sales and tough year-over-year comparisons.  Overall, Apple stock has received 22 Buy, eight Hold, and one Sell recommendations for a Moderate Buy consensus rating.  Analysts’ average price target of $205.85 implies an upside potential of 7.36% from current levels.  Meanwhile,  options traders are pricing in a +/- 3.70% move on earnings, higher than the previous quarter’s earnings-related move of -0.52%. Bottom Line Both the tech giants, AMZN and AAPL, possess solid fundamentals that can drive long-term growth. However, analysts favor AMZN stock over AAPL ahead of the quarterly print. Further, AMZN stock has outperformed AAPL over the past year and offers a higher upside potential from current levels.  Disclosure

After a 2022 in the doldrums and a 2023 of recovery, investors finally were able to cheer this month. That's because the S&P 500 reached a new high, signaling we are indeed in a bull market. These sorts of markets only can be declared after they've begun. That's because, to b

Seven U.S. companies have been so successful that when grouped, their value exceeds the combined value of the stock markets in Canada, Japan, and the U.K. Those seven companies, aptly called the Magnificent Seven, also account for more than one-quarter of the S&P 500 and near

PayPal (NASDAQ: PYPL) is one of the pioneers of online commerce. But over the past few years, the fintech landscape has ballooned with new competition. While PayPal is still very much a global leader in e-commerce among merchants and consumers, investors have soured on the stock

Cathie Wood and Warren Buffett don't have a ton in common.

Alphabet (NASDAQ: GOOG) is scheduled to report its fiscal Q4 2023 results on Tuesday, January 30, 2024. We expect revenues to remain just below (in line) the expectations, while earnings are likely to miss the consensus. The company outperformed the street expectations in the l

U.S. stocks advanced on Monday as market participants looked ahead to this week's slew of megacap earnings, economic data and the Federal Reserve's monetary policy meeting.