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Amazon Trades at 24x 2027 Earnings. Citizens Says It Should Be Worth 29x
Insider Monkey29d agoneutral
Amazon Trades at 24x 2027 Earnings. Citizens Says It Should Be Worth 29x

Citizens’ analyst Andrew Boone recently reiterated a Market Outperform rating on Amazon.com, Inc. (NASDAQ:AMZN) with a $315 price target. The firm noted that Amazon trades at 23.8x 2027E GAAP EPS and 10.9x 2027E EBITDA. However, it believes that the stock deserves to trade at a higher valuation. Why Amazon Deserves a Higher Valuation Citizens believes that […]

Investing.com29d agobearish
Deutsche Bank cuts Novo Nordisk to Sell after earnings, shares dip

Investing.com -- Deutsche Bank downgraded Novo Nordisk (NYSE:NVO) (CSE:NOVOb) to Sell from Hold and cut its price target by 9% to 265 Danish crowns from 290 crowns, flagging persisting concerns over the company’s growth trajectory. The stock fell more than 3% in Copenhagen trading Thursday.

Delivery Hero H1 Earnings Call Highlights
MarketBeat29d agoneutral
Delivery Hero H1 Earnings Call Highlights

Delivery Hero (ETR:DHER) reported accelerating second-quarter growth and raised its full-year outlook across gross merchandise value, revenue, adjusted EBITDA and free cash flow, as the company said investments in its “Everyday App” strategy were supporting both customer engagement and profitability

Okta shares set to open higher after earnings beat and raised outlook
Proactive29d agobullish
Okta shares set to open higher after earnings beat and raised outlook

Okta Inc (NASDAQ:OKTA) shares are set to open about 18% higher on Thursday after the identity management software company reported fiscal second-quarter results that beat Wall Street expectations for revenue and adjusted earnings. Okta reported total revenue of $805 million for the quarter...

AI Winner or Victim? Inside Salesforce's Q2 earnings
Yahoo Finance Video29d agoneutralVIDEO
AI Winner or Victim? Inside Salesforce's Q2 earnings

RBC Capital Markets managing director Rishi Jaluria joins Yahoo Finance's Josh Lipton to assess Salesforce's (CRM) latest earnings reporting, which shows profits beating expectations. Jaluria highlights how Salesforce is addressing AI's impact on the software industry and the effectiveness of its latest acquisitions.

SpaceX Stock Gets a Lift From Nvidia Earnings
Barrons.com29d agoneutral
SpaceX Stock Gets a Lift From Nvidia Earnings

Shares of Elon Musk’s rocket and AI company rose 0.6% to $140.47 in premarket trading, while futures were up 0.4% and futures were down 0.1%. futures were the strongest, up 1%, thanks in part to Nvidia’s strong quarterly results. Nvidia stock rose nearly 7% in premarket trading after better-than-expected earnings and strong guidance.