How Are Analysts Rating Amazon?
Of the 47 analysts covering Amazon (AMZN), 41 gave it a “buy” recommendation, and five gave it a “hold” recommendations. There was one “sell” recommendation on the stock.
AWS’s revenues increased 43% to $3.66 billion, topping its revenues of $3.65 billion that analysts expected.
PayPal’s (PYPL) 1Q17 tells an interesting story. The company now has 203 million active customers, up from 197 million in 4Q16 and 184 million in 1Q16.
A Look at GoPro’s Moving Averages in June 2017
GoPro (GPRO) has generated returns of -9.4% in the trailing-one-month period and -31% in the trailing-12-month period. GoPro’s shares have fallen 10% since the start of 2017 after declining over…
In 1Q17, US-based (SPY), consumer tech (QQQ) company GoPro (GPRO) reduced its channel inventory by 13% QoQ (quarter-over-quarter). GoPro expects this trend to continue, as it has reduced the price…
In 2Q17, GoPro (GPRO) expects revenue between $260 million and $280 million. The company expects the HERO5 Black camera to be its top-selling product. The Karma drone is also expected…
Behind Alphabet’s Recent Stock Performance Trend
On June 22, Alphabet (GOOG) stock yielded a return of -0.25% on a volume of $941,958 to close at ~$957.09.
Alphabet (GOOGL) is selling two of its robot-making firms for an undisclosed amount. The buyer of the robotic firms is SoftBank, the owner of Sprint (S).
Streaming Claws on Twitter showed the strengthening ties between Turner and the social media company.
Could T-Mobile Be Left in the Cold?
The recent development between Comcast and Charter could dim T-Mobile’s merger prospects.
Netflix (NFLX) announced in April that it was raising 1.0 billion euros (about $1.1 billion) via debt offering in Europe.
It appears now that the concern for Netflix (NFLX), Amazon (AMZN), and Hulu should be the rapidly crowding online video market, rather than demand.
How T-Mobile’s Valuation Compares
Let’s look at T-Mobile’s (TMUS) technical indicators and compare them with those of competitors in the telecom space. On June 19, 2017, T-Mobile stock was trading at $64.01. The stock…
Let’s take a look at Wall Street analysts’ recommendations and the median target price for AT&T (T). On June 19, 2017, in a Reuters survey of 29 brokerage companies, 35%…
As of June 19, 2017, Verizon’s (VZ) market capitalization was ~$190 billion, making it the second-largest US telecom giant in terms of market capitalization. In comparison, AT&T (T) had a…
What Analysts Recommend for Priceline ahead of Its 1Q17 Results
Out of the 31 analysts tracking Priceline (PCLN), seven analysts have a “strong buy” recommendation on the stock, and 18 analysts have a “buy” recommendation on the stock.
Priceline (PCLN) trades at a forward PE multiple of 17.1x. This is higher than its average valuation of 20x since November 2008.
Priceline (PCLN) expects its 1Q17 EBITDA to be ~$550 million–$580 million. It also expects its gross profit to increase 9.5%–14.5%
Device and Consumer Revenues Decline for Microsoft
In 4Q15, revenues in the devices and consumer segment for Microsoft declined by 13% to $8.7 billion.
Key Tech Sector Updates for the Week Ended June 23, 2017
Technology stocks rose a combined 2.3% in the week ended June 23, 2017, after three weeks of negative returns. The S&P 500 Index rose just 0.2% in the same period.
Micron is currently trading at a PE ratio of 54.6x, but the EPS estimates for the next year have put its forward PE ratio at 6.0x.
Micron stock has risen 11.0% in the last month and 38.4% since the start of 2017.
AMD Set to Battle Intel in the Server Chip Segment
Computing chip developer Advanced Micro Devices began selling its new generation of high-performance processors for data centers on June 20.
Alphabet has accused Uber of stealing trade secrets.
For the first time in four years, PC maker Lenovo has slipped to second place in the PC market behind HP Inc. (HPQ).
How Electronic Arts Is Looking to Break Out
Despite posting a 7.4% revenue growth in the December quarter, or fiscal 3Q17, Electronic Arts (EA) stock has moved nowhere.
Holiday video game sales figures shared by Sensor Tower and reported by Wall Street Journal reveal an interesting sector trend.
Nintendo (NTDOY) has plans to open three attraction sites in the US and Japan thanks to a partnership with Comcast (CMCSA).