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The Latest Breaking News from Mark Shmulik

Amazon's AWS CEO Teases Major AI Advancements

Matt Garman, CEO of Amazon, describes AI as a transformative technology with endless potential. AWS re:Invent to showcase AI and cloud updates.

Reddit Stock Goes 'r/Rocketship' As 68% Sales Growth Powers Surprise Profit

Reddit Stock Goes 'r/Rocketship' As 68% Sales Growth Powers Surprise Profit

Reddit easily bested Q3 estimates and gave a stronger-than-expected sales and profit forecast for Q4.

Investors Business Daily

Amazon Has 'Never Been Stronger.' Why Some Investors Are Uneasy Heading Into Q3 Report.

Amazon Has 'Never Been Stronger.' Why Some Investors Are Uneasy Heading Into Q3 Report.

Amazon stock is still digging out from a summer slump ahead of its Q3 earnings report Thursday. Here's what to watch.

Investors Business Daily

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Gen Z moves on from ‘Googling’ – TikTok emerges as the new search engine

“To Google” is no longer in the vernacular of young people, who treat social media as their search engine, Bernstein Research found.

Google faces a possible $100 billion litigation avalanche, says Bernstein

When authorities ruled against Microsoft in an antitrust case, the company battled a barrage of lawsuits for years.

Amazon Stock Slides As Consumer Concerns Overshadow Strong Cloud Performance

Amazon stock is on pace Friday for its worst trading day so far in 2024 following its Q2 report. Here's why.

Investors Business Daily

Analysts revamp Reddit stock price target ahead of earnings

This is what could happen next to Reddit shares.

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Meta Gets Price Target Boosts As Facebook Parent Grapples With Mag 7 'Fatigue'

Meta Gets Price Target Boosts As Facebook Parent Grapples With Mag 7 'Fatigue'

Facebook parent Meta Platforms has seen its stock momentum slow amid struggles for the Magnificent Seven.

Investors Business Daily

Meta Has Edge Over Google In AI Battle, Analyst Says

Meta Has Edge Over Google In AI Battle, Analyst Says

In the battle to embrace AI, one Meta stock analyst says the Facebook parent company has a better plan than Google.

Investors Business Daily

Meta Earnings Watch: AI Push, Spending, Ads Growth In Spotlight

Meta Earnings Watch: AI Push, Spending, Ads Growth In Spotlight

The stakes are high for Meta stock as the Facebook parent company is set to release Q1 earnings late Wednesday.

Investors Business Daily

Wall Street Analysts Launch Reddit Coverage With Mix Of Neutral, Buy Calls

Wall Street Analysts Launch Reddit Coverage With Mix Of Neutral, Buy Calls

Wall Street analysts offered a mix of neutral and positive views for Reddit stock after its IPO and up-and-down trading since.

Investors Business Daily

Reddit Stock Has 'Too Many Questions' Despite Strong IPO, Says Bearish Analyst Report

Reddit Stock Has 'Too Many Questions' Despite Strong IPO, Says Bearish Analyst Report

There are “too many questions” on the horizon to consider Reddit stock a buy, a Bernstein client note said.

Investors Business Daily

These 2024 Internet 'Narratives' Are Favoring Amazon And Meta, Analyst Says

These 2024 Internet 'Narratives' Are Favoring Amazon And Meta, Analyst Says

Analysts at Bernstein say many of the emerging narratives for 2024, including a focus on fundamentals, are positive for Amazon stock and Meta.

Investors Business Daily

Analysts Call This FAANG Stock a Top Pick for 2024

Analysts Call This FAANG Stock a Top Pick for 2024

Here is the best stock according to analyst's as we head into 2024.

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Investors Business Daily

Amazon Gets An Earnings Lift, But Is It Back On The Growth Track?

E-commerce and cloud-computing leader Amazon.com has much to prove as it attempts to regain its mojo.

Alphabet's downgrade double-whammy

In a downgrade double-whammy, UBS AG and Bernstein both warned that generative A.I. represents a near-term threat to Google search ad revenue and its profit margins.

Wall Street analyst tells Amazon CEO to go back to basics in brutal letter

Bernstein analyst Mark Shmulik has ripped apart Amazon’s plans for broadband and health care, saying the business needs to focus on areas which are guaranteed wins.

What Mark Zuckerberg Said That Calmed Investors

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

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