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Amazon, Uber And A Real Estate Stock On CNBC's 'Final Trades'

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Amazon, Uber And A Real Estate Stock On CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades,” Joseph M. Terranova of Virtus Investment Partners named Iron Mountain Incorporated (NYSE:IRM) as his final trade.

On Nov. 6, Iron Mountain reported third-quarter financial results. The company reported that the third quarter adjusted earnings per share was 44 cents. Quarterly revenue of $1.56 billion, beating the street view of $1.55 billion.

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Joshua Brown of Ritholtz Wealth Management said he likes Amazon.com, Inc. (NASDAQ:AMZN) for the balance of 2025.

Amid peak holiday shopping, Amazon.com recently announced that its operations will remain unaffected despite a strike initiated by workers at seven of its U.S. facilities.

Jenny Van Leeuwen Harrington of Gilman Hill Asset Management said Uber Technologies, Inc. (NYSE:UBER) is “wildly oversold.” The ride hailing company has 30% to 50% earnings growth ahead, he says.

Taiwan's Fair Trade Commission (FTC) has reportedly blocked Uber’s $950 million acquisition of Delivery Hero's Foodpanda business due to anti-competitive concerns. The merger, which was initially announced in May 2023, would have significantly increased Uber Eats' dominance in Taiwan's food delivery market, giving the combined company over 90% of the market share, Reuters reported.

Price Action:

  • Amazon shares fell 0.9% to close at $219.39 during Tuesday's session.
  • Uber shares gained 0.7% to close at $60.32 on Tuesday.
  • Iron Mountain shares gained 1.4% to settle at $105.11 on Tuesday.

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Image: Shutterstock

 

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Posted-In: CNBC Halftime Report Final Trades Jenny Van Leeuwen HarringtonNews Top Stories Markets Media Trading Ideas

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