{ }
Symbol AMZN
Name Amazon.com, Inc.
Currency USD
Sector Consumer Discretionary
IndustryGroup Retailing
Industry Internet & Direct Marketing Retail
Market NASDAQ Global Select
Country United States
State WA
City Seattle
Zipcode 98109-5210
Website http://www.amazon.com
UBS has increased its price target for Amazon from $230 to $264, maintaining a "Buy" rating. Analyst Stephen Ju highlighted the company's declining office workforce, which suggests improved margins and supports his projections for 2025, with expectations extending to the end of 2026.
Following a recent sale, a director now holds 24,912 shares of the company, valued at approximately $4.96 million, reflecting a 4.73% decrease in their position. In the last 90 days, insiders sold over 6 million shares worth $1.25 billion, while institutional investors own 72.20% of the stock.UBS Group raised its price target for Amazon.com from $230 to $264, indicating a potential upside of 14.81%. The company reported earnings of $1.43 per share, surpassing estimates, with quarterly revenue reaching $158.88 billion, an 11% increase year-over-year.
Following a recent sale, a director now holds 24,912 shares of the company, valued at approximately $4.96 million, reflecting a 4.73% decrease in their position. In the last 90 days, insiders sold over 6 million shares worth $1.25 billion, while institutional investors own 72.20% of the stock.UBS Group raised its price target for Amazon.com from $230 to $264, indicating a potential upside of 14.81%. The company reported a quarterly revenue of $158.88 billion, surpassing expectations, with earnings per share of $1.43.
UBS has raised its price target for Amazon from $230 to $264, maintaining a "Buy" rating. Analyst Stephen Ju highlighted the company's declining office workforce, which suggests improved margin prospects and supports his estimates for 2025, with expectations extending to the end of 2026.
Amazon.com, Inc. is a global leader in online retail, offering a wide range of products including electronics, cultural items, and various services. The company's revenue is primarily derived from service sales (55.5%) and product sales (44.5%), with the majority of net sales coming from the United States (68.8%). Other significant markets include Germany, the United Kingdom, and Japan.
Stock futures are set to rise as investors brace for the Federal Reserve's upcoming interest rate decision, with the Dow Jones and S&P 500 up 0.2% and 0.3%, respectively. Bitcoin reached a record high of around $104,000, buoyed by optimism surrounding the new administration. Major tech stocks showed gains, while Super Micro Computer faced a 12% drop ahead of its removal from the Nasdaq 100.
In turbulent times, investors face challenges from economic fluctuations and geopolitical crises, yet capital markets are performing well, with many stock markets nearing all-time highs. Experts emphasize the importance of focusing on long-term asset building and not being swayed by negative news. Artificial intelligence is highlighted as a transformative technology, with potential game changers likely to emerge from lesser-known companies rather than established tech giants.
Swiss Life Asset Managers has significantly expanded its asset management capabilities, managing CHF 262 billion, with CHF 117 billion from third-party clients, positioning itself as a top player in Switzerland. The firm focuses on stable income-generating investments in real estate, infrastructure, and securities, while leveraging unique market opportunities and maintaining strong client relationships. With a strategic emphasis on organic growth and sustainable investments, Swiss Life aims to enhance its portfolio amidst a competitive landscape.
European stocks opened mixed as German Chancellor Olaf Scholz lost a confidence vote, paving the way for early elections in February amid economic struggles. Meanwhile, Royal Mail's parent company is set to be sold to Czech billionaire Daniel Kretinsky, and shares of Canal+ fell 15.7% on its London debut. Confidence among U.K. manufacturers has dropped to a yearly low due to rising costs and economic uncertainty.
Uranium prices have faced a downturn, with Paladin Energy becoming the most shorted stock on the ASX, down over 20% after cutting its 2025 production guidance. Despite UBS's bearish outlook, they still rate Paladin and Boss Energy as "buys," citing overselling. Meanwhile, Morgan Stanley and Bank of America project a potential price rebound, forecasting uranium to rise to $90 a pound by mid-2025 and $120 a pound next year, driven by increasing demand and supply constraints.
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