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The Latest Breaking News from Eric Sheridan

Goldman Sachs analyst updates Amazon stock price target after earnings

Amazon CEO Andy Jassy called generative AI a 'once-in-a-lifetime type of opportunity' for the tech and e-retail giant.

Goldman Sachs analyst revisits Amazon stock price target ahead of earnings

Goldman Sachs analyst revisits Amazon stock price target ahead of earnings

Tech and retail giant Amazon will post third quarter earnings on Thursday Oct. 24.

Analysts overhaul Facebook parent stock price targets after earnings

Analysts overhaul Facebook parent stock price targets after earnings

Facebook parent Meta is betting billions on AI-related technologies.

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Goldman Sachs says AI is too expensive and unreliable — firm asks if 'overhyped' AI processing will ever pay off massive investments

Goldman Sachs interviewed several experts to offer contrarian views on the future of AI, plus they looked at the challenges the technology faces if it wants to grow indefinitely in the future.

Tom’s Hardware

Temu Shopping App Gets Wall Street's Attention; Will Amazon Prime Members Stay Loyal?

Shopping app Temu is taking off in the U.S., a development being monitored by analysts that follow Amazon.com.

Investors Business Daily

Netflix Higher as Goldman Sachs Boosts Rating, Price Target Into Q2 Earnings

Goldman says Netflix has handled its password-sharing crackdown 'in excess of our prior assumptions.'

2023 An 'Investment Year' For Meta Platforms: Why These 6 Analysts Are Lowering Price Targets After Q3 Earnings

Analysts are lowering their price targets on Meta Platforms (NASDAQ: META) after the company reported third-quarter financial results Wednesday

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Here's What It Will Take For Netflix To Win Streaming War

Here's What It Will Take For Netflix To Win Streaming War

Analysts grow cautious regarding Netflix, Inc (NASDAQ:NFLX) over brewing competition in the post-Covid world. Needham analyst Laura Martin saw Netflix as unlikely to win the Streaming Wars pending launch of a lower-priced ad-driven tier, adding Sports and News content, bundling with other products, and acquiring an extensive film and TV content library. Every major streaming competitor does one or…

Netflix Stock Slides As Goldman Lowers Rating To 'Sell', Slashes Price Target

Netflix Stock Slides As Goldman Lowers Rating To 'Sell', Slashes Price Target

"We have concerns around the impact of a consumer recession as well as heightened levels of competition," said Goldman Sachs analyst Eric Sheridan.

Web3 Leads Metaverse Companies Like Facebook Into Brave New Virtual Worlds

Web3 Leads Metaverse Companies Like Facebook Into Brave New Virtual Worlds

Web3, which runs on blockchain, cryptocurrencies and non-fungible tokens, is getting major support as the third generation of the internet.

Investors Business Daily

What Mark Zuckerberg Said That Calmed Investors

What Mark Zuckerberg Said That Calmed Investors

Read the full remarks from Facebook's recent earnings call.

Goldman Sachs Downgrades Electronic Arts and Other Interactive Entertainment Stocks - Read Why

Goldman Sachs Downgrades Electronic Arts and Other Interactive Entertainment Stocks - Read Why

Goldman Sachs analyst Eric Sheridan initiated coverage of 10 companies across the interactive entertainment sector.

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