KeyBanc Capital Markets believes Amazon could benefit from the artificial intelligence trade. The bank resumed coverage of the dominant U.S. e-commerce platform with an overweight rating and a $300 price target. Shares of Amazon have added less than 1% this year. KeyBanc’s target implies that the stock could rise nearly 36% from its Thursday closing price. “With shares trading well below historical levels at 22.9x 2027E P/E, we believe this screens as an attractive entry point,” KeyBanc wrote. AMZN YTD mountain Amazon shares in 2025 As a catalyst, the bank pointed to improving growth for Amazon’s Cloud business into 2026.…
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ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailCNBC’s “Fast Money” team discusses Intel’s third-quarter earnings report, the semiconductor market competition and more.05:39Thu, Oct 23 20255:27 PM EDT Source link
There’s just two months until Christmas Eve, and retailers are meeting a more cautious shopper with earlier offerings.Most retailers won’t report third-quarter results or updated holiday expectations until just before Thanksgiving, largely considered the sector’s most important week of the year. By then, many shoppers will have already started checking off holiday shopping lists.Amazon’s October Prime Day sales event and competitors’ ever-earlier Black Friday deals grab some portion of the holiday wallet share. The unofficial kickoff to the holiday shopping season comes as executives point to a bifurcation in consumer spending, with lower-income consumers feeling the strain on their budgets,…
Canada’s Prime Minister Mark Carney waves next to U.S. President Donald Trump at the White House in Washington, D.C., U.S., Oct. 7, 2025. Evelyn Hockstein | ReutersThis is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Here are five key things investors need to know to start the trading day:1. Oh, CanadaPresident Donald Trump said late last night that he is ending all U.S. trade negotiations with Canada over an ad aired by Ontario’s provincial government featuring the voice of former President Ronald Reagan.In the ad, Reagan is heard speaking negatively about tariffs and their impact on Americans.…
A shopper looks at produce at a grocery store in West Milton, Ohio, US, on Tuesday, Oct. 21, 2025. Kyle Grillot | Bloomberg | Getty ImagesThe Friday release of September’s consumer price index report is pretty much the only game in town this month for a Wall Street that is hungry for data, raising the chances for it to be a market-moving event.While the actual numbers are expecting to land about where they’ve been in recent months, the dearth of official economic reports, thanks to the government shutdown, means even a slight deviation could cause an outsized impact.”Because we haven’t…
More than a dozen S & P 500 companies are riding strong momentum as they prepare to report their earnings next week — a bullish omen for their share prices. The third-quarter earnings season has been on a strong run since it began in early October. Companies in the S & P 500 are poised to report cumulative earnings gains north of 13% for the three months ended September 30, notching its fourth consecutive quarter of growth, according to FactSet. CNBC identified 15 stocks with strong earnings momentum that are due to report profit and revenue next week, using the…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailCNBC’s “Fast Money” team discusses the day’s market action after the September CPI report and what they’re watching going into the busiest week of earnings reports.05:39Fri, Oct 24 20255:29 PM EDT Source link
Wall Street is barreling toward a big week ahead with Big Tech earnings, a critical Federal Reserve meeting and an important meeting between President Donald Trump and Chinese President Xi Jinping that could set the tone for the rest of the year. Stocks are on pace to wrap up a strong October next week. On Friday, the Dow Jones Industrial Average closed above 47,000 for the first time, while the S & P 500 topped 6,800 on an intraday basis. The Nasdaq Composite, which is outperforming this month, has now rallied more than 20% year to date. It’s an incredible…
The world’s largest aircraft carrier USS Gerald R. Ford seen in the North Sea during NATO Neptune Strike 2025 exercise on September 24, 2025 in the North Sea. Jonathan Klein | Afp | Getty ImagesPresident Donald Trump dramatically escalated a U.S. military buildup in the Caribbean on Friday by deploying the Gerald Ford aircraft carrier group to Latin America, a show of force that far exceeds any past counter-narcotics need and represents Washington’s most muscular move yet in the Latin America region.”The enhanced U.S. force presence in the USSOUTHCOM AOR will bolster U.S. capacity to detect, monitor, and disrupt illicit…
My top 10 things to watch Friday, Oct. 24 1. The long-awaited September consumer inflation report, delayed because of the ongoing government shutdown, came in slightly cooler than expected at an 3% annual rate. While still above the Fed’s 2% target rate, the stock market liked the number. Meanwhile, President Donald Trump said he has called off trade talks with Canada . 2. Intel shares rose almost 7% this morning after a comeback quarter. Demand for PCs was strong, five years past the Covid pull-forward in demand. Now the refresh is off a larger base. Windows 11 is helping that,…
