Facebook upgraded to Buy from Hold at Stifel
As previously reported, Stifel analyst Scott Devitt upgraded Facebook (FB) to Buy from Hold, acknowledging that he was wrong to have stuck with his recent...
Author : The Fly
Baidu plans to dispose of majority stake in financial services business
Baidu said in its earnings report yesterday that it is planning to dispose of a majority equity stake in its financial service business. Total assets...
Amazon.com price target raised to $1,850 from $1,650 at Piper Jaffray
Piper Jaffray analyst Michael Olson raised his price target for Amazon.com to $1,850 following last night's Q1 results. The stock in premarket trading is up...
On The Fly: Top stock stories for Thursday
Stocks opened with modest gains thanks in part to better than expected earnings from some high-profile companies. The averages were led by the Nasdaq, which...
Amazon CEO Bezos says AWS had ‘seven-year head start’
Amazon.com CEO Jeff Bezos says in today's earnings release, "AWS had the unusual advantage of a seven-year head start before facing like-minded competition, and the...
Amazon.com sees Q2 revenue $51B-$54B, consensus $52.2B
Amazon.com said Q2 sales are expected to be between $51.0B-$54.0B, or to grow between 34% and 42% compared with second quarter 2017. This guidance anticipates...
Ciena rebounds after disagreeing with earlier brokerage comments
Shares of Ciena (CIEN), a network strategy and technology company, are off their intraday lows after the company disagreed with an earlier research note. COMPANY...
On The Fly: What to watch in Microsoft earnings report
Microsoft (MSFT) is scheduled to report results of the third quarter of its fiscal year 2018 after the market close on April 26, with a...
On The Fly: What to watch in Starbucks earnings report
Starbucks (SBUX) is scheduled to report results of its fiscal second quarter after the market close on Thursday, April 26, with a conference call scheduled...
On The Fly: What to watch in data storage earnings reports
Companies in the data storage sector are set to begin their earnings season with Western Digital (WDC) reporting fiscal third quarter earnings after the market...