Amazon (AMZN) has telegraphed to investors and the world that deals are key to its future, but those transactions create antitrust risks — and investors are taking notice, Jefferies analyst Brent Thill told Yahoo Finance Live (video above). Amazon has made headlines for its big-ticket dealmaking in recent months. The company acquired both subscription health care provider OneMedical (ONEM) and Roomba-maker iRobot in quick succession, for $3.9 billion and $1.7 billion respectively. However,… Source link
Read More »Hall of Famer, analyst Terry Bradshaw reveals he is cancer free after 2 battles in last year
NFL analyst and Hall of Famer Terry Bradshaw revealed on Sunday that he had been diagnosed with cancer twice in the past year. (AP/Marcio Jose Sanchez) NFL Hall of Famer and Fox analyst Terry Bradshaw revealed on Sunday morning that, after being diagnosed twice in the past year, he is now cancer free. Bradshaw said on Fox’s NFL pregame show that he was diagnosed with bladder cancer in November and underwent surgery. Then he said doctors found a tumor in his left neck in March that was a rare… Source link
Read More »Box office analyst lays out ‘the biggest narrative for 2023’
The box office is gearing up for a busy fourth quarter following a strong showing in Q3. Current estimates see $2.1 billion in Q4 ticket sales, according to Box Office Pro, with a full-year haul of $7.5 billion. Increased momentum, coupled with upcoming blockbusters like “Black Panther: Wakanda Forever” and “Avatar: The Way of Water,” should help shoulder some of that demand. Analysts highlighted that a lack of movie supply, triggered by COVID-19 production headwinds, is the biggest issue… Source link
Read More »JPMorgan analyst drops COIN price target
JPMorgan’s North American equity team is lowering its price target for shares of Coinbase Global from $78 to $60 for December. The publicly listed crypto exchange draws the majority of its revenue from U.S. crypto trading levels, meaning its third and fourth quarter earnings hinge on crypto trading interest. “We think pressure on Coinbase revenue from falling cryptocurrency markets will pressure the stock price,” JPMorgan analysts wrote. Shares of Coinbase Global (COIN) sold down from… Source link
Read More »2023 is ‘a pivotal year,’ Deutsche Bank analyst explains
The bulls on Wall Street continue to pile back into Tesla stock, citing a host of potential catalysts. In a note out on Friday, Deutsche Bank analyst Emmanuel Rosner said he believes the rally in Tesla stock is just beginning with several likely drivers for the company in 2023. “We view 2023 as a pivotal year in which Tesla continues to grow volume at a high pace, enters new segments with Cybertruck and Semi, optimizes its manufacturing footprint, and benefits from IRA [Inflation Reduction… Source link
Read More »‘The S&P is forming a bottom,’ says technical analyst
The S&P 500 (^GSPC) is forming a bottom, says one technical analysis expert. “It’s always precarious at the end of a bear market, a market that’s trying to transition from bearish to bullish, as it were. And our call and our charts continue to suggest that that’s exactly what’s going on here, that the S&P is forming a bottom,” Rich Ross, Evercore ISI senior managing director of technical analysis, told Yahoo Finance Live. S&P 500 had a massive 4% down day earlier in the week. The S&P… Source link
Read More »Yahoo! fantasy analyst has lofty bold prediction for Amon-Ra St. Brown
After a league-winning run as a fantasy stud to close out his rookie season, a Yahoo! fantasy analyst went with a big bold prediction for Amon-Ra St. Brown in 2022. It’s not breaking news at this point, but Lions wide receiver Amon-Ra St. Brown had a big final six weeks of his rookie season. With that run, up to and into playoff time, he helped win a lot of fantasy football leagues. It’s easy to expect a downturn from St. Brown, or at minimum a far slower pace than that final six weeks of… Source link
Read More »Larry Fitzgerald to reportedly join ESPN’s ‘Monday Night Countdown’ as an analyst
One of the most accomplished receivers of the past era has a new deal … as a broadcaster. Arizona Cardinals legend Larry Fitzgerald is reportedly joining ESPN’s “Monday Night Countdown” for the 2022 NFL season, according to Andrew Marchand of the New York Post. [Set, hut, hike! Create or join a fantasy football league now!] Fitzgerald is expected to make his debut in Week 1. He’ll provide analysis before Monday’s game, which features the Denver Broncos and Seattle Seahawks. He’s not expected… Source link
Read More »MATANA is the new FAANG, analyst says
It’s time to rethink who’s at the top of the Big Tech food-chain, Constellation Research Principal Analyst & Founder Ray Wang told Yahoo Finance Live (video above). Wang argued that MATANA — Microsoft (MSFT), Apple (AAPL), Tesla (TSLA), Alphabet (GOOG, GOOGL), Nvidia (NVDA), and Amazon (AMZN) – is an upgrade to FAANG by dropping Meta (META) and Netflix (NFLX) while adding Microsoft, Tesla, and Nvidia. In 2013, when Jim Cramer of CNBC’s “Mad Money” coined the term FAANG, many of those… Source link
Read More »Yahoo! Sports analyst predicts Wyoming-Illinois showdown in Week 0
Illinois is just about set to tee things up for the start of the 2022 season. On Saturday, the Illini will face Wyoming to open a new year of college football. Entering that game, Illinois will be around a 10-point favorite against the Mountain West program. Sam Cooper with Yahoo! Sports also provided a breakdown and prediction for that game. According to Cooper, Wyoming’s loss of some key offensive pieces to the transfer portal makes it a long shot the Cowboys will be able… Source link
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