Amazon (AMZN) Remains Our Favorite Internet Stock by a 'Wide Margin' - JPMorgan
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Uber (UBER) Teams with Motional to Offer Driverless Options
October 6, 2022 11:40 AM EDTMotional, a global driverless technology company, and Uber (NYSE: UBER) announced today that they have entered into a commercial agreement to offer fully driverless rides using Motional's new all-electric IONIQ 5-based robotaxis.
Earlier this year, Motional began conducting autonomous food deliveries for Uber Eats customers in California. The pilot has been well received by customers and Motional and Uber have since... More
Amazon (AMZN) Upside Supported by SOTP analysis - Jefferies
October 4, 2022 4:14 PM EDTAmazon's (NASDAQ: AMZN) upside is supported by SOTP analysis, according to Jefferies equity analyst Brent Thill.
Thill, who has a Buy rating and $165 price target on Amazon shares, told investors in a research note that the firm's updated SOTP "values AMZN's non-retail businesses at $1.3T (vs EV of $1.2T),... More
Amazon (AMZN) to Freeze Corporate Hiring - The New York Times
October 4, 2022 1:54 PM EDTAmazon (NASDAQ: AMZN) will freeze corporate hiring in its retail business for the rest of the year, The New York Times reported Tuesday.
An internal announcement seen by the publication is said to state that recruiters were told the tech giant was pausing hiring for all of its corporate roles,... More
Netflix (NFLX) Ad-Tier Revenue Opportunity May Be Overestimated - MoffettNathanson
October 4, 2022 10:58 AM EDTIn a research note to investors Tuesday, MoffettNathanson said they believe the Street may be over-estimating Netflix's (NASDAQ: NFLX) ad-tier upside opportunity.
Analyst Michael Nathanson raised the firm's price target on the stock by $30 to $220 per share.
Nathanson said that in mid-June, the firm initially estimated Netflix's advertising opportunity,... More
