Layer3.news

TOP WALL STREET ANALYSTS FAVOR THESE 3 STOCKS FOR SOLID UPSIDE POTENTIAL

https://image.cnbcfm.com/api/v1/image/108216550-1761309810055-gettyimages-2242649795-MICROSOFT_EARNS.jpeg?v=1763748089&w=1920&h=1080

✍️ Investors can track top Wall Street analysts' recommendations to capitalize on the recent selloff and pick up attractive stocks for the long term. Three stocks favored by top pros include Microsoft, Booking Holdings, and DoorDash.

👉 Microsoft is a major beneficiary of the AI boom with its partnership with OpenAI and strong margins. 👉 Booking Holdings posted impressive third-quarter results with double-digit gains in gross bookings and revenue. 👉 DoorDash is expected to expand its addressable market and bolster its product offerings through investments in growth initiatives.

-- #WilliamPower #ScottDevitt #MountainView,California #US #business

KLARNA LAYS OUT NEOBANK ASPIRATIONS

https://s.yimg.com/ny/api/res/1.2/0HrSg7cNTdNwKZSMnVZYRg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-/https://media.zenfs.com/en/american_banker_655/c0956e6dd486c3ec841dc6097340e442

✍️ Klarna, a Swedish lender, has released its first earnings report since going public, beating revenue expectations but missing loss estimates. The company plans to expand its distribution network, increase its long-term installment loan penetration with merchants, and become a full-fledged neobank.

👉 Revenue hit a record $903 million, up 28% year over year 👉 Net loss of $95 million, or 25 cents per diluted share 👉 Expanded distribution network to make loan products available to merchants on payment service providers' networks 👉 Increased long-term installment loan penetration with merchants 👉 Becoming a full-fledged neobank

-- #SebastianSiemiatkowski #NiclasNeglén #SanjaySakhrani #ScottDevitt #NewYork #Denmark #Spain #Sweden #France #UnitedStates #Canada #UnitedKingdom #business

SHOULD YOU BUY THE POST-EARNINGS DIP IN PINTEREST STOCK?

https://s.yimg.com/ny/api/res/1.2/Y9sUPWnxxx37mhkm7_9Nww--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-/https://media.zenfs.com/en/barchart_com_477/752d3222597bb0c48e457c06532fe341

✍️ Pinterest's stock plunged 20% after missing earnings expectations and issuing soft guidance for the holiday quarter, but some analysts still see value in the company's AI-driven discovery platform.

👉 Pinterest's stock plunged 20% after missing earnings expectations and issuing soft guidance for the holiday quarter. 👉 The company's third-quarter results showed solid user growth and modest revenue gains. 👉 Pinterest's AI-driven discovery platform has made it a powerhouse in visual search and artificial intelligence-driven discovery. 👉 The company's shares have been on a wild ride this year, with highs and lows mirroring investor sentiment. 👉 Pinterest has a consensus "Strong Buy" rating and an average analyst price target of $38.26.

-- #BillReady #JuliaDonnelly #JamesHeaney #ScottDevitt #BrianWhite #SanFrancisco #technology

AIRBNB STOCK: IS WALL STREET BULLISH OR BEARISH?

https://media.zenfs.com/en/barchart_com_477/204572740a783072c05b9b76dc749854

✍️ Airbnb's stock has declined 18% over the past 52 weeks, underperforming the broader market, despite showing some growth in its third-quarter results.

👉 Airbnb's stock has declined 18% over the past 52 weeks 👉 Revenue grew 10% year-over-year to $4.10 billion 👉 EPS missed estimates, but grew 3.8% year-over-year 👉 Company expects service enhancements, global expansion, product expansion, and AI integration to drive growth 👉 Analysts expect EPS to grow 2.4% year-over-year to $4.21 in fiscal 2025

-- #MichaelBurry #JakeFuller #ScottDevitt #AnushkaMukherjee #SanFrancisco #California #business

DO WALL STREET ANALYSTS LIKE DOORDASH STOCK?

https://s.yimg.com/ny/api/res/1.2/EugzSiX_i2t_apwJZXPTJg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-/https://media.zenfs.com/en/barchart_com_477/86e3824dc5d0aa393214fc8cfa46079a

✍️ DoorDash, Inc. (DASH) has outperformed the broader market over the past 52 weeks, with its shares surging 50.8% compared to the S&P 500 Index's 19.6% rise.

👉 DoorDash has outperformed the broader market over the past 52 weeks 👉 Shares have surged 50.8% compared to the S&P 500 Index's 19.6% rise 👉 The company delivered EPS of $0.65 in its Q2 2025 results, beating estimates 👉 DoorDash guided for Q3 GMV of $24.2 billion - $24.7 billion, above estimates

-- #ScottDevitt #SanFrancisco,California #business

WHY AMAZON STOCK REMINDS WEDBUSH'S DEVITT OF GOOGLE

https://s.yimg.com/ny/api/res/1.2/4mkginjsclMQrAvZxC6mWA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02NzU-/https://media.zenfs.com/en/bloomberg_markets_video_2/386e342779cb547f6dcdae4bd5fd7fd8

✍️ Amazon's net sales and earnings beat expectations for the third quarter, with Wedbush Securities Equity Research Analyst Scott Devitt predicting the company will become the next Google.

👉 Amazon's net sales and earnings beat expectations for the third quarter 👉 Wedbush Securities Equity Research Analyst Scott Devitt predicts Amazon will become the next Google 👉 Amazon Web Services is expected to contribute more to the business

-- #ScottDevitt #business

META STOCK PLUNGES MORE THAN 10% AS ANALYSTS CUT PRICE TARGETS ON SKY-HIGH AI SPENDING

https://s.yimg.com/ny/api/res/1.2/LGsgzuKprMC5.Rx04OhXnw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-/https://s.yimg.com/os/creatr-uploaded-images/2025-09/82a2edb0-9447-11f0-9fde-93f11e33191b

✍️ Meta's stock fell 11% after the company announced plans to increase AI spending, citing demand for AI-powered ad tools and infrastructure.

👉 Meta plans to increase AI spending for the rest of the year and in 2026 👉 Demand for AI-powered ad tools and infrastructure is driving the spending 👉 CEO Mark Zuckerberg acknowledged that the company could overshoot and absorb extra computing capacity 👉 Analysts at several banks slashed their price targets on Meta's stock 👉 Meta reported an annual run rate of $60 billion for its AI-powered ad tools

-- #MarkZuckerberg #JustinPost #JustinPatterson #JohnBlackledge #BrianNowak #EricSheridan #RonJosey #DeepakMathivanan #NicolasCote-Colisson #ScottDevitt #MikeProulx #business

AMAZON TO REPORT Q3 EARNINGS AS WALL STREET LOOKS FOR IMPROVED AI GROWTH

https://s.yimg.com/os/creatr-uploaded-images/2025-10/b2679bf0-a850-11f0-af47-2a2441045d79

✍️ Amazon is set to report its third-quarter earnings, with investors looking for signs that its AWS cloud computing business is keeping pace with rivals Microsoft and Google.

👉 Amazon's AWS business is expected to generate $32.4 billion in revenue, up 18% from last year 👉 The company's stock has been lagging behind its peers, with a 2.3% increase compared to Microsoft's 24% and Google's 37% 👉 Analysts say Amazon's reliance on Anthropic for AI exposure is a factor in its lagging performance 👉 The company's advertising business is expected to generate $17.3 billion, a 9% and 21% improvement respectively

-- #ScottDevitt #business

WEDBUSH LIFTS PT ON AMAZON.COM (AMZN) STOCK

https://s.yimg.com/ny/api/res/1.2/v4vjuMw83AspvSftOzdXyQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02NzM-/https://media.zenfs.com/en/insidermonkey.com/226ed9ed0936942adb97f3d56073e411

✍️ Amazon.com, Inc. is one of the most promising AI stocks to buy right now, with a strong cloud backlog and significant investments in new data centers.

👉 Wedbush analyst Scott Devitt maintains a 'Buy' rating on Amazon.com, Inc.'s stock 👉 Amazon.com, Inc.'s long-term growth story is intact due to its robust cloud backlog and investments in new data centers 👉 Amazon's retail business is showing steady momentum 👉 Amazon's advertising business is strong

-- #ScottDevitt #technology

ANTHROPIC'S GOOGLE CLOUD DEAL INCLUDES 1 MILLION TPUS AND 1 GW OF CAPACITY IN 2026

https://image.cnbcfm.com/api/v1/image/107244923-1684788591875-gettyimages-1251294457-PGONCHAR_7364.jpeg?v=1761251795&w=1920&h=1080

✍️ Anthropic and Google announce a cloud partnership, giving Anthropic access to up to one million custom-designed Tensor Processing Units (TPUs) for its artificial intelligence (AI) compute capacity.

👉 Anthropic and Google announce a cloud partnership 👉 Partnership gives Anthropic access to up to one million custom-designed TPUs 👉 Partnership worth tens of billions of dollars 👉 Expected to bring over a gigawatt of AI compute capacity online in 2026 👉 Anthropic's CEO, Krishna Rao, stated that the partnership will help the company continue to grow its compute needs 👉 Company's ability to spread workloads across vendors allows it to fine-tune for price, performance, and power constraints

-- #KrishnaRao #ThomasKurian #AlexHaissl #ScottDevitt #technology

ANALYST SAYS ALPHABET (GOOG) BECOMING AI LEADER AMID ‘FORCED’ INNOVATION AWAY FROM ‘DRUG OF MONETIZATION’

https://s.yimg.com/ny/api/res/1.2/LNoSopyHpRrWQTvxZ82U_g--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-/https://media.zenfs.com/en/insidermonkey.com/a0bec472d842a18f443b00515f54833a

✍️ Alphabet Inc (NASDAQ:GOOG) is a leader in AI innovation, with its cloud margin rising to 20.7% in the second quarter.

👉 Alphabet Inc (NASDAQ:GOOG) is a leader in AI innovation 👉 Cloud margin rose to 20.7% in the second quarter 👉 Cloud business has a backlog of $106 billion 👉 Search results are being integrated with AI 👉 Company has the ability to grow revenues in the low double digits with some operating margin expansion over time

-- #ScottDevitt #TomLee #technology

TESLA Q3 DELIVERIES SMASH ESTIMATES, BUT WALL STREET WASN'T IMPRESSED. WHAT GIVES?

https://s.yimg.com/ny/api/res/1.2/z1AKfpLfpyZZwkFT7hIaQA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD03MjA-/https://media.zenfs.com/en/motleyfool.com/85c1dfe7aff01bb334f61cf09b413902

✍️ Tesla's third-quarter deliveries exceeded estimates, but the stock price dropped due to the expiration of the electric vehicle tax credit and the company's recent surge in value.

👉 Tesla delivered 497,100 electric vehicles in the third quarter, exceeding estimates 👉 The strong delivery numbers were attributed to the expiration of the $7,500 EV tax credit on September 30 👉 Tesla's stock price dropped due to the company's recent surge in value 👉 The future of Tesla's autonomous driving and humanoid robotics businesses will be crucial in determining the company's long-term success

-- #GeneMunster #DanIves #ScottDevitt #BramBerkowitz #business

MAJOR ANALYSTS RESET GOOGLE STOCK PRICE TARGET AFTER DOJ ANTITRUST WIN

https://media.zenfs.com/en/thestreet_881/01f76b7fc44ac9990d6f7b297f8c1472

✍️ A federal judge ruled in favor of Google, allowing the company to keep its Chrome and Android operating systems, as well as its lucrative revenue-sharing deals, including Apple's $20 billion annual pipeline.

👉 Google wins antitrust case and avoids breakup 👉 Company can keep Chrome and Android operating systems 👉 Revenue-sharing deals, including Apple's $20 billion annual pipeline, remain intact 👉 Google must default to exclusivity while opening up parts of its search index

-- #ScottDevitt #DanIves #GeneMunster #RayDalio #JimCramer #technology

TECH, MEDIA & TELECOM ROUNDUP: MARKET TALK

https://images.wsj.net/im-94865776/social

✍️ Instacart may struggle to compete with its competitors due to its limited offerings, according to Wedbush analysts.

👉 Instacart's focus on groceries may make it difficult to compete with competitors 👉 Instacart's subscription program, Instacart+, offers fewer benefits than competitors 👉 Competitors like Uber, DoorDash, and Amazon have wider offerings 👉 Instacart may lose market share to other intermediaries

-- #ScottDevitt #MatthewWeiss #NicholasMiller #business

AMAZON HAS DREAMED OF CRACKING WALMART’S LOCK ON GROCERIES FOR DECADES, WITH LIMITED SUCCESS. A MASSIVE SAME-DAY SHOPPING EXPANSION COULD CHANGE THAT

https://s.yimg.com/ny/api/res/1.2/xUfO8wPYuSzQJvj_MTDlsg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-/https://media.zenfs.com/en/fortune_175/29fb77c69af9233aa5dcd60f6c09d770

✍️ Amazon announces the rollout of same-day shopping capability for fresh, perishable groceries, aiming to create a one-stop shop for customers and potentially threatening Walmart's dominance in the grocery market.

👉 Amazon is rolling out same-day shopping capability for fresh, perishable groceries in 1,000 US cities 👉 The service will be available in 2,300 US cities by the end of 2025 👉 Prime members will not be charged a delivery fee for orders over $25 in most cities 👉 Walmart's stock dropped more than 2% on the news, shedding over $15 billion from its market cap

-- #AnandVaradarajan #DougHerrington #AndyJassy #ScottDevitt #MarkMahaney #US #Walmart #business

ANALYSTS REBOOT UBER'S STOCK PRICE TARGET AFTER EARNINGS

https://media.zenfs.com/en/thestreet_881/a39621fd4e90a6ceeda78d7c34910d24

✍️ Uber's stock price target is rebooted after the company delivers strong Q2 earnings, meeting forecasts and beating revenue estimates.

👉 Uber's Q2 earnings met forecasts and beat revenue estimates 👉 The company plans a $20 billion stock buyback 👉 CEO emphasizes focus on autonomous vehicles 👉 Wedbush downgrades stock price target to $84 👉 BMO raises stock price target to $113 👉 Delivery growth accelerated 2 percentage points to 20% 👉 Mobility trips growth accelerated in July

-- #PrashanthMahendra-Rajah #DaraKhosrowshahi #ScottDevitt #MatthewWeiss #SanFrancisco #Austin #AbuDhabi #Atlanta #business

TECH, MEDIA & TELECOM ROUNDUP: MARKET TALK

https://images.wsj.net/im-91928969/social

✍️ Airbnb's management is optimistic about travel demand trends, but analysts at Wedbush Securities remain cautious due to industry data.

👉 Airbnb's management is optimistic about travel demand trends 👉 Analysts at Wedbush Securities remain cautious due to industry data 👉 Nights booked on the platform were stable in North America, but slowed in EMEA and Latin America 👉 Analysts are lowering their price target on the stock to $130 from $135

-- #ScottDevitt #MatthewWeiss #NorthAmerica #EMEA #LatinAmerica #U.S. #Canada #technology

DOORDASH'S STRONG GROWTH SIGNALS AMBITIOUS LONG-TERM TRAJECTORY

https://media.zenfs.com/en/Benzinga/cba330710eb74757f9d487c260077057

✍️ DoorDash's stock is trading higher after the company reported strong second-quarter earnings, beating analyst estimates.

👉 DoorDash reported strong second-quarter earnings, beating analyst estimates 👉 Quarterly revenue came in at $3.28 billion, up from $2.63 billion from the same period last year 👉 Analyst Scott Devitt reiterated a Neutral rating on the stock, raising the price forecast from $190 to $200 👉 DoorDash's strong second-quarter Gross Order Value (GOV) outlook points to a healthy full-year growth trajectory

-- #ScottDevitt #AlexKarp #business

MERCADOLIBRE STOCK WAVERS AFTER Q2 EARNINGS MISS ESTIMATES FOR HOT E-COMMERCE STOCK

https://www.investors.com/wp-content/uploads/2019/06/stock-MercadoLibre-03-shutter.jpg

✍️ MercadoLibre's stock wavered after reporting mixed second-quarter results, with earnings missing estimates but sales beating forecasts.

👉 MercadoLibre reported mixed Q2 results, with earnings missing estimates but sales beating forecasts 👉 The company's decision to expand free-shipping in Brazil weighed on earnings 👉 MercadoLibre faces stepped-up competition from Amazon, Temu, and Shopee 👉 The company's fintech business, Mercado Pago, saw total payment volume grow 39% to $64.6 billion

-- #ScottDevitt #Brazil #Uruguay #Mexico #Argentina #business

AMAZON STOCK FALLS AS MIXED OUTLOOK, AI CLOUD LETDOWN OVERSHADOW STRONG Q2

https://www.investors.com/wp-content/uploads/2017/10/stock-amazon-03-shutter.jpg

✍️ Amazon's stock dropped after the company reported second-quarter sales and earnings above expectations, but offered a mixed outlook.

👉 Amazon reported second-quarter sales and earnings above expectations 👉 The company offered a mixed outlook, with a stronger-than-expected sales forecast for the third-quarter 👉 Amazon's cloud business, Amazon Web Services, grew 17.5% to $30.87 billion, but missed expectations compared to rivals 👉 The company guided for $18 billion in operating income, below analyst estimates

-- #AndyJassy #BradErickson #MarkMahaney #ScottDevitt #Seattle #business

META'S Q2 RESULTS TURN SKEPTICS INTO BELIEVERS AS CAPEX NARRATIVE SHIFTS

https://media.zenfs.com/en/Benzinga/aee80a062b4fed501f35dca2853b8be3

✍️ Meta Platforms' strong second-quarter earnings report and optimistic third-quarter guidance have led to a wave of positive reratings and increased price forecasts from prominent Wall Street analysts.

👉 Meta's second-quarter earnings report beat expectations, with revenue and EPS significantly higher than forecast 👉 The company's AI strategy is seen as a key growth driver, with AI-powered tools improving ad targeting and engagement 👉 Analysts have raised their price forecasts, with some predicting significant upside potential for the stock 👉 Meta's capital expenditures are expected to increase in the coming years, but analysts believe the investment is justified by accelerating revenue growth and margin expansion

-- #BartonCrockett #JustinPost #BrianNowak #DeepakMathivanan #ScottDevitt #JustinPatterson #technology

AMAZON FALLS ON FEARS THAT AWS IS LOSING MARKET SHARE: SHOULD YOU BUY THE AMZN STOCK DIP HERE?

https://s.yimg.com/ny/api/res/1.2/h1sSPED6LobJ4U.MUKmTkA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD03NDk-/https://media.zenfs.com/en/barchart_com_477/afaec7a65bcc5585158771b427bbb12e

✍️ Amazon's Q2 earnings report showed revenue growth, but guidance came in lighter than expected, leading to a decline in stock price.

👉 Amazon reported revenue growth, but guidance came in lighter than expected 👉 AWS operating margins declined, sparking concerns about market share losses 👉 Analysts remain optimistic about Amazon's long-term prospects

-- #AndyJassy #ScottDevitt #MohitOberoi #business

IS AMAZON LOSING GROUND TO MICROSOFT AND GOOGLE IN AI?

https://www.investors.com/wp-content/uploads/2016/08/stock-amazon-3-iStock.jpg

✍️ Amazon's cloud revenue growth was good, but not as strong as Microsoft and Google Cloud's, causing concerns about its position in generative AI.

👉 Amazon's cloud revenue growth was 17.5% in the second quarter 👉 Microsoft Azure's growth was 39% in the same period 👉 Google Cloud's growth was 32% in the same period 👉 Amazon's CEO, Andy Jassy, believes the company's cost advantages and large existing client base will benefit it in the long run 👉 Amazon is working on developing custom chips to bring AI processing costs down for clients

-- #AndyJassy #DylanCarden #ArjunBhatia #BrianNowak #ScottDevitt #BradErickson #technology

BIG TECH'S AI INVESTMENTS SET TO SPIKE TO $364 BILLION IN 2025 AS BUBBLE FEARS EASE

https://s.yimg.com/ny/api/res/1.2/9V2YrYDpHr0nb3MGhKGubA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-/https://s.yimg.com/os/creatr-uploaded-images/2025-07/97502df0-670f-11f0-bfa3-b7c53907b499

✍️ Big Tech firms Amazon, Alphabet, Microsoft, and Meta reported increased capital expenditures for 2025, with a cumulative total of $364 billion, up from $325 billion. Investors reacted positively, with shares of three companies surging.

👉 Big Tech firms reported increased capital expenditures for 2025 👉 Cumulative total of $364 billion, up from $325 billion 👉 Investors reacted positively, with shares surging 👉 Companies investing in artificial intelligence (AI) and cloud computing 👉 Wall Street analysts lifted price targets on the three stocks

-- #AmyHood #SusanLi #AnatAshkenazi #ScottDevitt #RishiJaluria #LauraMartin #AndyJassy #KaranGirotra #GilLuria #JonathanRoss #JimChanos #TorstenSløk #technology

PRESSURE IS ON FOR AMAZON TO DELIVER STRONG Q2 EARNINGS RESULTS FOLLOWING BIG BEATS BY GOOGLE, MICROSOFT

https://s.yimg.com/ny/api/res/1.2/HvHJnMcXyQqI58BdObxUCQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-/https://s.yimg.com/os/creatr-uploaded-images/2025-07/e7652fb0-6e2c-11f0-baff-b16176d383dc

✍️ Amazon is expected to announce its second-quarter earnings, with a focus on its AI investments and cloud business. The company's stock price has been rising, and investors will be looking for signs that its AI buildout is driving revenue gains.

👉 Amazon's earnings report will focus on its AI investments and cloud business 👉 The company's stock price has been rising, with a 6% year-to-date gain 👉 Investors will be looking for signs that Amazon's AI buildout is driving revenue gains 👉 AWS revenue is expected to top $30.7 billion, up 17% from last year 👉 Amazon is contending with supply constraints, but analysts expect supply growth to support revenue trends

-- #AndyJassy #JustinPost #ScottDevitt #PresidentTrump #business

UBER STOCK SLUMPS AS WAYMO PICKS UP NEW PARTNER FOR DALLAS EXPANSION

https://www.investors.com/wp-content/uploads/2017/11/Stock-WaymoVan-01-company.jpg

✍️ Uber's stock slipped as Waymo announced its expansion to Dallas, sparking concerns about the ride-hailing market and autonomous vehicles.

👉 Waymo announces expansion to Dallas in partnership with Avis Budget Group 👉 Uber's stock slips as investors fear impact on ride-hailing market 👉 Uber's strategy of partnering with other AV developers questioned 👉 Analysts divided on impact of Waymo's expansion on Uber's business

-- #ScottDevitt #Dallas #Atlanta #Austin #Phoenix #SanFrancisco #LosAngeles #Miami #WashingtonD.C. #business

GOOGLE IS GETTING A BOOST FROM AI AFTER SPENDING BILLIONS

https://s.yimg.com/ny/api/res/1.2/vdxHzBZKK1vL4zezlcnTvQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD03OTI-/https://s.yimg.com/os/creatr-uploaded-images/2021-06/c29d52b0-d822-11eb-9c55-a5b86a2b6567

✍️ Alphabet's Google reported better-than-expected earnings, with AI driving growth in cloud and search revenue, despite concerns about competition from AI startups.

👉 Google's cloud revenue climbed 32% 👉 Search revenue increased 12% year over year 👉 AI Overviews feature has 2 billion monthly users 👉 Google will spend an additional $10 billion on AI development this year 👉 Analysts are optimistic about Google's future prospects

-- #SundarPichai #BrentThill #BrianNowak #ScottDevitt #MalikAhmedKhan #AmitMehta #JonathanRoss #DanielHowley #NewYorkCity #technology

PINTEREST STOCK GAINS TRACTION WITH INSTACART DEAL, MULTIPLE ANALYST UPGRADES

https://media.zenfs.com/en/Benzinga/a87df13f9fa90af942583b2cdb9a6cd1

✍️ Pinterest's stock has received a wave of bullish calls from Wall Street analysts, with several upgrading their price forecasts and reiterating optimistic outlooks.

👉 Analysts have upgraded their price forecasts for Pinterest 👉 Robust user growth and improved monetization strategies are key drivers 👉 New partnership with Instacart aims to enhance shoppability and ad targeting 👉 Instacart's first-party retail data will be used to target high-intent users on Pinterest

-- #BrianNowak #ScottDevitt #JustinPatterson #LloydWalmsley #JohnBlackledge #KenGawrelski #RonaldJosey #DougAnmuth #business

UBER STRIKES ROBOTAXI DEAL WITH TESLA COMPETITOR. BUT UBER STOCK FALLS.

https://www.investors.com/wp-content/uploads/2019/05/stock-Uber-04-shutter.jpg

✍️ Uber announced a new partnership with Nuro and Lucid to develop a robotaxi service, investing hundreds of millions of dollars in the companies.

👉 Uber investing hundreds of millions of dollars in Nuro and Lucid 👉 Aims to deploy 20,000 or more Lucid electric-vehicles with Nuro's self-driving system 👉 Plans to launch the service in a major US city late next year 👉 Partnership expected to help Uber safely bring autonomous driving to more people

-- #DaraKhosrowshahi #ScottDevitt #US #MiddleEast #Asia #Austin #Phoenix #Atlanta #technology

IS META STOCK A BUY? FACEBOOK PARENT SHARES REBOUND AFTER TARIFF DEAL, Q1 EARNINGS

https://www.investors.com/wp-content/uploads/2024/02/Stock-Meta-build-shutt.jpg

✍️ Meta Platforms (META) stock is attempting to rally back after a three-month slump, driven by improving outlook on tariffs and stronger-than-expected first-quarter results.

👉 Meta stock is in a cup-with-handle pattern with a 662.67 buy point. 👉 Meta's Relative Strength line is at 85 out of 99. 👉 Meta's IBD Composite Rating is 96 out of 99. 👉 Meta earned $6.43 per share on sales of $42.3 billion for the March-ended quarter. 👉 Majority of Meta stock analysts say buy, with 89% having a buy rating.

-- #MarkZuckerberg #ScottDevitt #DonaldTrump #MenloPark,California #business

AIRBNB STOCK (ABNB) TEETERS LIKE A HOUSE OF CARDS AS U.S. TRAVEL SLUMPS

https://media.zenfs.com/en/tipranks_452/4c23286f32a5dffc0797b93c9d6fe9b2

✍️ Airbnb's stock performance has been lackluster, with a 22% decline in the past 12 months. Despite some positives, the company's growth story is uncertain, and the current share price may not justify the premium.

👉 Airbnb's stock has declined 22% in the past 12 months 👉 The company reported disappointing Q1 results with weak guidance for Q2 👉 Airbnb's growth story relies on expanding market share, remaining resilient in tough macro conditions, and superior pricing power 👉 The company's upcoming product launch and focus on affordability may provide some near-term catalysts 👉 The long-term growth story is uncertain

-- #BrianChesky #ScottDevitt #TomWhite #business

AMAZON'S PROFIT FORECAST MISSES ESTIMATES

https://s.yimg.com/ny/api/res/1.2/mghLpX8TPZIEIwMCHhc7LA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02NzU-/https://media.zenfs.com/en/bloomberg_markets_video_2/e9e00bb745a6ab0719dc99d005990862

✍️ Amazon.com Inc. gave a weaker-than-expected forecast for operating profit in the current quarter, citing tariffs and trade policies.

👉 Amazon.com Inc. gave a weaker-than-expected forecast for operating profit in the current quarter 👉 Citing tariffs and trade policies that may cause consumers to pull back on spending 👉 Scott Devitt of Wedbush Securities reacted to the earnings report on 'Bloomberg The Close'

-- #ScottDevitt #business

AMAZON.COM (AMZN): SHORT-TERM SHIVERS, LONG-TERM GAINS?

https://s.yimg.com/ny/api/res/1.2/r4yH5U7Ng2Vmm_N2sdim2A--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-/https://media.zenfs.com/en/insidermonkey.com/bf5db36a1da6774e5e796de67b414473

✍️ Amazon.com, Inc. (NASDAQ:AMZN) is a top pick among analysts amid tariff turbulence, with a strong long-term outlook despite potential short-term headwinds.

👉 Amazon.com, Inc. (NASDAQ:AMZN) is a top pick among analysts amid tariff turbulence 👉 Strong long-term outlook despite potential short-term headwinds 👉 Ability to generate cash and pick up market share during recessions 👉 Strong growth potential in the long term 👉 Retail business continues to gain share of total retail on a global basis, excluding China 👉 Advertising business is growing at a mid-teens to 20% rate

-- #DanNiles #ScottDevitt #business

ALPHABET (GOOGL) EYES GRID OPTIMIZATION WITH AI THROUGH PJM PARTNERSHIP

https://s.yimg.com/ny/api/res/1.2/DAytqpJ37WPkT1O3cj4krg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02NzM-/https://media.zenfs.com/en/insidermonkey.com/ddded06c9301164bc21c334085fab02f

✍️ Alphabet Inc. (GOOGL) is a top AI stock to consider, despite potential tariff impacts and declining consumer confidence.

👉 Alphabet Inc. (GOOGL) is a top AI stock to consider 👉 Potential tariff impacts and declining consumer confidence may affect the stock 👉 Partnership with PJM Interconnection to roll out artificial intelligence technologies 👉 Ranking as 3rd on the list of AI stocks to watch 👉 Considering AI stocks that hold greater promise for delivering higher returns

-- #AdamThierer #DonaldTrump #XiJinping #ScottDevitt #China #Vietnam #UnitedStates #technology

AMAZON’S (AMZN) LONGER-TERM OUTLOOK IS “VERY GOOD,” WEDBUSH SAYS

https://media.zenfs.com/en/insidermonkey.com/6c6d58e62e05b991ab412ecf5be24e36

✍️ Wedbush Managing Director Scott Devitt believes Amazon's stock has a positive outlook due to its growing retail and advertising businesses, as well as its undervalued cloud unit.

👉 Amazon's retail business is gaining market share globally, excluding China 👉 Advertising business is expanding at an annual rate of 15% to 20% 👉 AWS cloud unit generates $100 billion in sales annually and will grow at a compound annual rate of 20% over the next five years 👉 Retail business is expanding at a faster rate than Walmart and Costco 👉 Whole business is underappreciated

-- #ScottDevitt #business

DESPITE UNEVEN EARNINGS, AI IS STILL BIG TECH'S STAR

https://s.yimg.com/ny/api/res/1.2/46oSUAPnjcir0qdrJwl6UA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-/https://s.yimg.com/os/creatr-uploaded-images/2023-11/0a76ada0-7cec-11ee-bbc6-12c2f8f3e178

✍️ Despite uneven earnings reports from Big Tech companies, AI continues to be a bright spot for Wall Street, with companies investing heavily in the technology.

👉 Microsoft missed on cloud revenue, but AI services grew 157% year over year 👉 Meta beat expectations, but declined to provide full-year guidance 👉 Google fell short on cloud revenue, but plans to spend $75 billion on AI build-out 👉 Apple beat expectations, but fell short on iPhone sales

-- #AmyHood #BrentThill #JeffreyWlodarczak #ScottDevitt #TimCook #technology

Stock market today: Nasdaq surges as Nvidia, Amazon lead tech rally ahead of Fed decision.

https://s.yimg.com/os/creatr-uploaded-images/2024-10/1709d730-9cd6-11ef-bfce-564773583857

The S&P 500 and Nasdaq Composite rose 0.6% and 1.3%, respectively, while the Dow Jones Industrial Average hovered near the flat line. The Fed's interest rate decision was expected to be a catalyst for market movement, with investors seeing a 25 basis point rate cut as a sure thing. Meanwhile, corporate earnings beat expectations, with Lyft and Moderna reporting strong quarterly results. ● US stocks continued to rise on Thursday ● The S&P 500 and Nasdaq Composite rose 0.6% and 1.3%, respectively ● The Dow Jones Industrial Average hovered near the flat line ● The Fed's interest rate decision was expected to be a catalyst for market movement ● Investors saw a 25 basis point rate cut as a sure thing ● Corporate earnings beat expectations ● Lyft and Moderna reported strong quarterly results

#DonaldTrump #JeromePowell #BartonCrockett #BradErikson #ScottDevitt #mainstream #business