• Quotes
  • Shortcuts
The Executive's Internet
Sat, Oct 31st
editor corner icon Editor's Corner | Archive
Reimagining the auto industry's future: It's now or never: Disruptions in the auto industry will result in billions lost, with recovery years away. Yet companies that reimagine their operations will perform best in the next normal. Patricia
icon
GoogleAmazonWikipedia
site of the day icon Site of the Day | Archive
What Life Was Like On The Set Of ’50s Films
he Golden Age of Hollywood is one that will never be forgotten, with the likes of legendary actors James Dean, Elizabeth Taylor, John Wayne, and Grace Kelly – to name a few.


spacerspacer

 

 BUSINESS/FINANCE NEWS
Setup News Ticker
   BUSINESS/FINANCE NEWS
Searching for 'tech Stock'. (Return)

Yahoo BusinessOct 30, 2020
Amazon Q3 Roundup: Analyst Sees Path For Stock To Hit $5K
Amazon reported third-quarter revenue and earnings Thursday that came in well ahead of consensus estimates, and analysts remain bullish on the e-commerce stock going into the holiday quarter. Amazon Analysts On Prime, Sales Trends: Amazon.com Inc (NASDAQ: AMZN) had strong sales growth for several product categories including hard lines, consumables, soft lines and media, Raymond James analyst Aaron Kessler said in a note. Prime member engagement was strong, with members shopping more frequently and across more categories.Kessler has an Outperform on Amazon with a $3,500 price target.Needham analyst Laura Martin views Amazon as "the catalyst for an earlier holiday shopping season this year, starting with Prime Day on Oct 13-14th."Martin, who has a Buy rating on Amazon with a $3,700 price target, said the fourth quarter is off to a strong start, with third-party sellers seeing 60% higher sales year-over-year for the two days of Prime Day.Amazon Adverting Takeaways: The advertising segment for Amazon is represented in its "other" segment and was a highlight in many analyst updates Friday. "Ad revenue grew to nearly $5B in 3Q20, suggesting AMZN is hiding a business worth about $500B in the public markets in its other sales line," said Martin.KeyBanc analyst Edward Yruma called advertising a "key driver of profitability" for Amazon."Amazon has turned that traffic (AWS) into valuable real estate for advertisers, and in turn, had strong advertising performance in 3Q," the analyst said. Related Link: Jim Cramer On Big Tech Earnings, W

MarketWatchOct 30, 2020
Key Words: The stock market has put in a top and an ‘enormous' bubble has already burst, says David Einhorn
An "enormous" bubble in tech stocks likely popped in September, putting the top in the market, hedge-fund manager David Einhorn warned in a letter to investors.

RELATED ARTICLES
Stock Market Today: Big Tech Beatdown Keeps Stocks in a Slump (Kiplinger)

Yahoo BusinessOct 30, 2020
Apple Loses $450 Billion in Value Since Record on iPhone Woes
(Bloomberg) -- When talking about the biggest company in the world, it's not unusual for there to be eye-popping numbers. But Apple Inc.'s latest superlative is not one investors would like to see.Since becoming the first American company to surpass $2 trillion in market value in August and peaking last month, the iPhone maker has lost $450 billion, wiped out by a 19% slump. The latest bout of selling -- a 5.6% drop on Friday -- took out more than $120 billion alone. Apple's now worth $1.85 trillion and still the most valuable U.S. company, but the amount shaved from its ledger since its September peak is more than the entire market cap of Visa Inc., the seventh largest member of the S&P 500, and greater than the value of Thailand's stock exchange.The drawdown comes as the tech giant reported iPhone sales that missed analysts' estimates and gave no forecast for the holiday quarter. Fiscal fourth-quarter revenue from the iPhone was $26.4 billion, compared to expectations of $27.1 billion.The Nasdaq 100 Index plunged 2.6% on Friday and had its worst week since the coronavirus-induced selloff in March. Disappointing sales forecasts from tech companies like Apple, Twitter Inc. and Facebook Inc. are sparking worries about further growth potential in the names that led this year's rebound.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.


Yahoo BusinessOct 30, 2020
MARKETS: Big tech gets taken to the woodshed but YF Premium remains bullish on Apple
Yahoo Finance's Jared Blikre joins Myles Udland to break down the day's price action in stocks as well as a long in Apple (AAPL), a Yahoo Finance Premium Investment Idea. Not a subscriber? http://finance.yahoo.com/premium-marketing?yahooproperties_editorialv_wcz7njuyytq"Start your free trial to join our next webinar on Wednesday, November 4 at 2:00pm ET live!




RELATED ARTICLES
3 Biotech Stocks in the Hunt for COVID-19 Vaccine; One Analyst Calls Them a ‘Buy' (Yahoo Business)

FT.com - Financial MarketsOct 30, 2020
Global equities suffer worst week since March
Tech stocks lead Wall Street lower as Covid and US election angst builds

MarketWatchOct 30, 2020
Market Snapshot: Dow falls more than 300 points as Big Tech guidance stokes unease over COVID impact
Stocks trade lower early Friday, with investors waving off strong quarterly results from tech heavyweights to focus on unease about the outlook amid a continued surge in COVID-19 cases in the U.S. and Europe.
TRENDING TAGS
ElectionStocks Biden Since Dow Points
Stockmarket Apple Election Tech Earnings
EarningsCall Transcript Q3 Inc Corp
StocksTech Cruise CDC Election Since
COVID-19cases trial Regeneron patients Europe
Sinceworst March Week Dow Global
CallEarnings Transcript Q3 Inc Corp
Coronaviruscases rise latest counts record
Marchworst since Week Dow Global
TranscriptEarnings Call Q3 Inc Corp

NEWS SOURCES
Top News (Business News)
Accounting Today
AdWeek News
Banking Business Review
Barron's This Week Magazine
Barron's Up and Down Wall Street Daily
Brad Ideas
Chicago Tribune Business News
CNBC Business
CNBC Economy
CNBC Finance
CNN/Money
CNN/Money Real Estate News
Dismal.com: Analysis
Dismal.com: Indicators
Enterprise Application News
Entrepreneur.com
Forbes Headlines
Forbes Social Media News
FT.com - China, Economy & Trade
FT.com - Financial Markets
FT.com - Hedge Funds
FT.com - Telecoms
FT.com - US
Google Business News
Google Market News
HBS Working Knowledge
Inc.com
INSEAD Knowledge
International Tax Review
Kiplinger
Knowledge@Wharton
L.S. Starrett News
MarketWatch
MarketWatch Breaking News
MarketWatch MarketPulse
McKinsey Quarterly
MSNBC.com: Business
Nielsen Trends
NonProfit Times
NPR Topics: Business
NYTimes Business
OpinionJournal.com
Private Equity Breaking News
Reuters Business
Reuters Company News
Reuters Money
SEC.gov Updates: News Digest
SHRM HR News
Tax Policy News
The Economist International News
The Motley Fool
USA Today Money
Wall Street Journal US Business
Wall Street Transcript
Washington Post Business
WSJ Asia
WSJ Europe
WSJ MoneyBeat
WSJ Opinion
WSJ US News
WSJ World Markets
Yahoo Business
  • CEOExpress
  • 1 Boston Place | Suite 2600
    Boston MA 02108
  • 617 482 1200
    617 299 8649 (fax)
  • Contact
  • As an Amazon Associate
    CEOExpress earns from
    qualifying purchases.

©1999-2020 CEOExpress Company LLC