{
}
Amazon (AMZN) shares are experiencing renewed upward momentum, rising over 2% after a dip from a mid-December high of $232, with analysts targeting $250. The upcoming quarterly results on January 30, expected to show EPS of $1.479 and $187 billion in sales, will be crucial, particularly for AWS growth, which is vital for the company's performance and the broader tech sector. A strong AWS report could push shares above $250, while disappointing results may raise concerns about AI adoption.
Goldman Sachs shares surged over 8% to a record high following a strong Q4 2024 performance, reporting $13.87 billion in sales and $11.95 EPS, both significantly exceeding expectations. The bank's success was driven by a 24% rise in investment banking fees, particularly in debt underwriting.The broader US financial sector is also thriving amid increased trading activity and market volatility. Looking ahead, Goldman Sachs could benefit from improved economic conditions and potential regulatory changes that may enhance profitability.
The S&P 500 is poised for a potential year-end rally, targeting 6200 points, driven by favorable seasonality and signs of an oversold market. Key factors this week include the Fed's projections and PCE inflation data, which could influence rate cut expectations and market sentiment. However, the beginning of next year may face pressure following strong gains in 2023.
Nvidia shares are currently testing critical support at $130, which is vital for the stock's short- and medium-term outlook. A drop below this level could indicate a bearish trend, potentially leading to a correction towards $115. Key upcoming events, such as CEO Jensen Huang's speech at CES and the launch of the RTX 5000 graphics cards, may serve as catalysts for a price increase.
Banco Santander has emerged as Europe's most highly capitalized bank, with a market capitalization nearly doubling since 2022, driven by a robust Spanish economy and strategic management decisions. Profits for the first nine months of 2024 reached €9.3 billion, a 14% increase year-on-year, supported by a 7% rise in sales and improved cost management. Analysts project a price target of €5.7, indicating a potential 21% upside from current levels, as the stock appears poised for a new upward trend.
Alphabet shares have been consolidating below their July record high of $190, following a strong performance in Q3 with sales up 15% and net income up 34%. Despite ongoing legal challenges, the stock shows potential for a bullish rally, with analysts targeting $206 as it forms a bullish reversal pattern. A breakout from the current consolidation could signal a new phase of tech outperformance.
Renault shares are poised for a bullish turnaround if they breach the €44 threshold, potentially targeting €52. The company has seen a 2.6% sales growth and a remarkable 55% increase in hybrid vehicle sales, outperforming competitors in both hybrid and light commercial vehicle markets. However, a drop below €39 would invalidate this positive outlook.
Oil prices are under significant bearish pressure, having recently dropped to a one-year low, with a series of lower highs indicating ongoing selling dominance. Factors contributing to this trend include potential shifts in U.S. oil policy, easing Middle Eastern tensions, and Saudi Arabia's possible strategy change towards increased production. A technical analysis suggests that a downward exit from the current descending triangle could lead to further declines, targeting levels around $60 and $55.
Alibaba shares have sharply declined after a significant surge in late September, erasing gains due to inadequate stimulus measures from Chinese authorities. While a rebound is possible following an upcoming meeting of senior officials, the stock's recovery will depend on the effectiveness of any new announcements. Currently, the shares are testing their 200-session moving average, with key resistance at $100 and potential lows around $70 if no supportive measures are introduced.
Ford shares have struggled amid fierce competition and high financing costs, recently consolidating between $10 and $11.30 after disappointing earnings. A potential exit from this range, particularly upwards, could signal a bullish trend, especially if political changes favor local manufacturers. Analysts may revise targets higher if sentiment shifts positively.
Valentin Aufrand
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Amazon shares poised for bullish rally as quarterly results approach
United States Dollar
Microsoft Corporation
Alphabet Inc.
NVIDIA Corporation
Amazon.com, Inc.
USA
Valentin Aufrand
Show more
13:41 22.01.2025
Goldman Sachs shares soar to record high after strong fourth quarter results
United States Dollar
JPMorgan Chase & Co.
The Goldman Sachs Group, Inc.
Citigroup Inc.
USA
Valentin Aufrand
Show more
13:29 21.01.2025
S&P 500 Poised for Year-End Rally Amid Fed and Inflation Concerns
08:54 17.12.2024
Nvidia Shares Face Critical Support Test at 130 Amid Market Consolidation
12:45 13.12.2024
Banco Santander Emerges as Europe's Most Highly Capitalized Bank
15:29 12.12.2024
Alphabet Shares Show Signs of Recovery Amid Legal Challenges and AI Investments
14:46 10.12.2024
Renault Shares Poised for Bullish Turnaround with Key Resistance at 44 Euros
13:35 09.12.2024
Bearish Outlook for Oil Prices Amid Geopolitical Shifts and Market Dynamics
12:43 06.12.2024
Alibaba Shares May Rebound Amid Anticipated Stimulus Measures Next Week
13:45 04.12.2024
Ford shares poised for bullish turnaround amid market challenges and political shifts
14:08 29.11.2024
Trending
Subcategory
Stock Market Updates
Corporate News
Industry Trends
Global Trade Developments
Global Financial Events
Finance Mergers & Acquisitions
Banking Regulations
Retail and Consumer Goods
Startups & Entrepreneurship
Central Bank Actions
Industry Mergers & Acquisitions
Inflation and Monetary Impact
Market Analysis and Predictions
Government Economic Policies
CEO Changes
Domestic Politics
Government Policies
Workplace Trends
GDP Growth & Recession Forecasts
Financial Scams and Security
Countries:
Companies:
Apple Inc.
Tesla, Inc.
JPMorgan Chase & Co.
Barclays PLC
Deutsche Bank Money Market PP
The Goldman Sachs Group, Inc.
Credit Suisse Strategic Income I
Berkshire Hathaway Inc.
Banco Santander, S.A.
UBS Group AG
Lloyds Banking Group plc
SpaceXCoin USD
Bank of America Corporation
Amazon.com, Inc.
Morgan Stanley
NVIDIA Corporation
Wells Fargo & Company
BNP Paribas SA
Bank Frick AG
UniCredit S.p.A.
Currencies:
United States Dollar
Euro
Swiss Franc
British Pound Sterling
Japanese Yen
Indian Rupee
Chinese Yuan
Vietnamese Đồng
South Korean Won
Canadian Dollar
Australian Dollar
Thai Baht
New Taiwan Dollar
Singapore Dollar
Indonesian Rupiah
Mexican Peso
Cambodian Riel
Russian Ruble
Hong Kong Dollar
Offshore Chinese Yuan
People:
Donald Trump
Elon Musk
Warren Buffett
JD Vance
Sergio Ermotti
Mark Haefele
Robin Leopold
Olivier Calvet
Troy L Rohrbaugh
Jennifer Piepszak
Karoline Leavitt
Ursula von der Leyen
Susan P. Crawford
Scott Bessent
Stacey Friedman
Jeff Bezos
George Saravelos
Alex Kramm
Francois Xavier Bouvignies
Joseph Spak