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The Latest Breaking News from Lloyd Walmsley

UBS Trims Amazon Targets On Near-Term Headwinds For Cloud Business

UBS trimmed its 2023 revenue estimates for the Amazon Web Services division and slightly lowered its price target for Amazon stock.

Investors Business Daily

Why Amazon Could Have An Advertising Edge Among Streamers

Amazon is the latest streamer to bring advertising to its platform. One stock analyst says the e-commerce giant has advantages over rivals.

Investors Business Daily

Stock Market Today: Markets Churn After July Jobs Report, Amazon Soars on Q2 Earnings

While the main benchmarks made modest moves after the monthly jobs report, AMZN stock popped on impressive earnings and an upbeat outlook.

Kiplinger

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Google Stock Downgraded On Views AI Changes To Search Will Slow Ad Growth

Alphabet's transition to a generative artificial intelligence will slow Google's advertising revenue growth, says a UBS analyst.

Investors Business Daily

Amazon Web Services Playing Catch-Up In Generative AI

A Wall Street analyst on Thursday raised his price target on Amazon stock on improving prospects for AWS in generative AI.

Investors Business Daily

Pinterest Stock Jumps On A Positive Report About Advertising Effectiveness

Positive feedback from advertisers on Pinterest has resulted in the social networking company getting an upgrade and price target hike.

Investors Business Daily

Airbnb Will Soon Add a Hotel-Like Requirement

Airbnb is planning to a new policy in the spring that aims to increase accountability and cut down on scams.

The Street

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UBS Remains Bullish On This Social Media Giant - Read Why

UBS analyst Lloyd Walmsley raised the price target on Meta Platforms Inc (NASDAQ:FB) to $300 from $280 and kept a Buy rating on the shares. The price target implies an upside of 29.4%. The impact of the Russia-Ukraine war is more than offset by the company's lower operating expense estimates. Also Read: From 'Facebook' To 'Meta,' 'Facebookers' To…

Benzinga

Here's Why UBS Is Bullish On Meta

The major Swiss bank UBS reiterated a Buy on Meta Platforms Inc (NASDAQ:FB) with a price target of $280. The price target implied an upside of 27.5%. It's time to talk about the monetization of the video format Reels, noted analyst Lloyd Walmsley. Walmsley admitted that users' time on platforms like Instagram is likely to increase significantly. As far…

Benzinga

Analysts Cut Pinterest Price Target Post Q4 Results

Analysts mainly slashed their price targets on Pinterest Inc (NYSE:PINS) post Q4 results. BofA analyst Justin Post lowered the price target on Pinterest to $46 from $57 (87.7% upside) and kept a Neutral rating on the shares. While the company reported better than expected revenue and adjusted EBITDA, users are "still under pressure," said Post, who…

People

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