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RBC's Mark Mahaney Says Amazon Is 'The Best Revenue Mix Shift Story In Tech Today'
Friday, June 3, 2016 - 1:38pm | 260Read More...RBC Capital Management's lead internet analyst Mark Mahaney was a guest on CNBC's "Squawk Alley" segment to talk about Amazon.com, Inc. (NASDAQ: AMZN)'s next leg of growth. Mahaney started off by stating that he sees several different "potential pillars" of...
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Credit Suisse Lowers Rackspace PT, Sees 2 Big Challenges Ahead; Stock Falls In Pre-Market
Tuesday, May 10, 2016 - 9:06am | 355Read More...Credit Suisse sees two challenges for Rackspace Hosting, Inc. (NYSE: RAX), and slashed its price target by $2 to $20 after the company reported mixed first-quarter results. Analyst Sitikantha Panigrahi said the cloud service company would find it difficult to retain its existing public cloud...
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Chamath Palihapitiya Defends His $1 Trillion Amazon Valuation
Thursday, May 5, 2016 - 10:25am | 346Read More...Social Capital's Chamath Palihapitiya said during the Ira Sohn conference on Wednesday that Amazon.com, Inc. (NASDAQ: AMZN)'s stock will be valued in the trillions of dollars. Speaking as a guest on CNBC's Squawk Box on Thursday, Palihapitiya defended how he arrived at his uber-...
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Palihapitiya: Amazon AWS Will Be $1.5 Trillion Business By 2025
Wednesday, May 4, 2016 - 2:29pm | 263Read More...Chamath Palihapitiya, the CEO of Social Capital, may have solidified his status as being the top Amazon.com, Inc. (NASDAQ: AMZN) bull. Speaking at the Ira Sohn conference, Palihapitiya slapped a $3 trillion valuation on Amazon's stock within a decade from now. By segment, he valued Amazon...
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Is Amazon Unstoppable? Gene Munster Thinks So
Monday, May 2, 2016 - 1:59pm | 332Read More...Warren Buffett had some flattering remarks for Amazon.com, Inc. (NASDAQ: AMZN) CEO Jeff Bezos, but does that automatically translate to a screaming buy for the stock? Piper Jaffray's Gene Munster was a guest on CNBC and answered that exact question. According to Munster, Amazon won't...
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Axiom's Victor Anthony: Amazon's 'Standout' Takeaway Is Its Retail Business
Friday, April 29, 2016 - 9:53am | 287Read More...Amazon.com, Inc. (NASDAQ: AMZN) wowed the investment community with its impressive Q1 earnings beat. While investors were focusing on Amazon's AWS segment, which demonstrated tremendous growth, Axiom Capital Management's Victor Anthony argued Amazon's "standout" takeaway...
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Amazon Announces Acquisition Of A 'High Performance And Technical Computing' Firm
Friday, February 12, 2016 - 8:20am | 153Read More...Amazon.com, Inc. (NASDAQ: AMZN) reported on Friday that it has acquired NICE, an Italian-based company cloud company. Amazon described NICE in its press release as a "leading provider of software and services for high performance and technical computing." NICE's products help...
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Amazon.com, Inc. Introduces Amazon Lumberyard, But What Is It?
Tuesday, February 9, 2016 - 11:24am | 162Read More...Amazon.com, Inc. (NASDAQ: AMZN) introduced on Tuesday Amazon Lumberyard, a free, cross platform 3D game engine for developers to create high-quality games and connect the games to Amazon's AWS Cloud and engage with fans on Twitch. "By starting game projects with Lumberyard, you can spend more of...
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Amazon Could Be A $1,300 Stock Within Three Years
Tuesday, December 15, 2015 - 11:45am | 338Read More...Shares of Amazon.com, Inc. (NASDAQ: AMZN) gained more than 110 percent throughout 2015. Rob Sanderson of MKM Partners initiated coverage of Amazon with a Buy rating and $800 price target. Sanderson added the stock could grow into a $1,300 stock over a three to four-year timeframe....
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Bob Peck Looks Forward To Google, Amazon Earnings
Tuesday, October 20, 2015 - 1:25pm | 437Read More...Bob Peck of SunTrust previewed Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) and Amazon.com, Inc. (NASDAQ: AMZN)'s third-quarter results. Peck noted that Alphabet's results will be "overshadowed" by investor focus on the additional disclosures on Q4 following the reorganization. Peck is expecting...
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Do Your Internet Picks Match Credit Suisse's Picks?
Friday, October 9, 2015 - 1:31pm | 462Read More...Stephen Ju of Credit Suisse previewed the Internet sector ahead of the upcoming earnings season. Ju reiterated his top three picks: Amazon.com, Inc (NASDAQ: AMZN), Facebook Inc (NASDAQ: FB) and Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG). Ju noted that stock performances will "hinge" more on...
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Amazon, eBay Shares Volatile Following ChannelAdvisor Data; How Impactful Is This Data Point?
Thursday, October 8, 2015 - 1:20pm | 723Read More...Shares of Amazon.com, Inc. (NASDAQ: AMZN) were lower by 2.21 percent late Thursday morning while shares of eBay Inc (NASDAQ: EBAY) plummeted more than 7 percent. ChannelAdvisor reported that Amazon’s September same-store sales slowed to 19.2 percent from 24.7 percent in August while eBay...
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Wall Street Firms Are Going Bullish On Amazon
Monday, July 20, 2015 - 8:11am | 777Read More...Amazon.com, Inc. (NASDAQ: AMZN) investors are waking up on Monday to various Wall Street research firms who all published bullish reports on the company ahead of its second quarter print. Amazon is scheduled to report its second quarter results after Wednesday's market close. Estimize is...
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It's Prime Day! But Is It Good For Amazon's Stock?
Wednesday, July 15, 2015 - 11:11am | 417Read More...In a report published Wednesday, Deutsche Bank analyst Ross Sandler stated that he likes the short-and-long-term trajectory for Amazon.com, Inc. (NASDAQ: AMZN) as catalysts such as Wednesday's "Prime Day" sale should "add fuel" to the "already strong" Prime story...
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All Eyes On Cloud 'Breakout' For Amazon, Analyst States
Thursday, April 23, 2015 - 9:16am | 296Read More...In a report published Thursday, Benchmark analyst Daniel Kurnos previewed Amazon.com, Inc. (NASDAQ: AMZN)'s first quarter results, noting that the first quarter is the least meaningful quarter of the year, but the primary focus is bound to be on the first-ever "breakout" of AWS. Kurnos noted that...
