Amazon, Toast, Walgreens rise premarket; Intel falls – Yahoo Finance - eComEmpireStore + Brought to You By: Robert Villapane Ramos

Amazon, Toast, Walgreens rise premarket; Intel falls – Yahoo Finance

By Peter — Stocks in focus in premarket trade on Friday, November 11th. Please refresh for updates.Amazon (NASDAQ:AMZN) stock rose 2% after the Wall Street Journal reported that the online retail giant is set to make big cost cuts, including focusing on the division that houses its home assistant Alexa. Toast (NYSE:TOST) stock rose […]

By Peter Nurse — Stocks in focus in premarket trade on Friday, November 11th. Please refresh for updates.
Amazon (NASDAQ:AMZN) stock rose 2% after the Wall Street Journal reported that the online retail giant is set to make big cost cuts, including focusing on the division that houses its home assistant Alexa.
Toast (NYSE:TOST) stock rose 10% after the restaurant management software company lifted its full-year revenue guidance as new locations and strong user revenue boosted third-quarter results.
Intel (NASDAQ:INTC) stock fell 1.7% after JPMorgan downgraded its stance on the chipmaker all the way to ‘underweight’ from ‘overweight’, citing increased competition.
Walgreens (NASDAQ:WBA) stock rose 2.4% after Deutsche Bank upgraded its stance on the pharmacy chain to 'buy' from 'hold', saying the stock could rally 30%. Wynn Resorts (NASDAQ:WYNN) stock rose 3.6% and Las Vegas Sands (NYSE:LVS) stock rose 3.8% after the casino operators benefited from China easing its Covid-19 restrictions.
Roku (NASDAQ:ROKU) stock fell 0.4% after Jefferies initiated coverage of the streaming tech provider with a ‘hold’ rating, saying its obvious growth potential could be tempered by a difficult macro environment.
Duolingo (NASDAQ:DUOL) stock rose 0.2% after the educational technology company reported a third-quarter loss, even while slightly lifting its outlook for the year.
Related Articles
Amazon, Toast, Walgreens rise premarket; Intel falls
"Tasty and that's it": McDonald's to be rebranded in Belarus
FTX to start U.S. bankruptcy proceedings, CEO to exit
Related Quotes
The high-tech platform for hungry restaurants delivers another blowout quarter, but you can still buy it for half of last year's IPO price.
Intel (INTC) has been one of the stocks most watched by users lately. So, it is worth exploring what lies ahead for the stock.
Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) Google Project Zero security researcher Maddie Stone said a commercial surveillance vendor exploited three zero-day security vulnerabilities found in newer Samsung Electronics Co, Ltd (OTC: SSNLF) smartphones. He said the exploit chain targets Samsung phones with an Exynos chip running a specific kernel version. The chained vulnerabilities allow attackers to gain kernel read and write privileges as the root user and ultimately expose a device's data. A
It would be natural for the market to take a pause after such a huge move, but Wall Street seemed to be in a mood to keep the good times rolling, as futures contracts on popular stock indexes moved higher by another half a percent or so Friday morning. The bear market during 2022 has hit a lot of companies hard, but IPO stocks have been among the worst performers. With investors reassured about the fundamental prospects for their respective businesses, both Doximity and Toast could be getting back their positive momentum, giving shareholders the chance to earn back some of their recent losses.
Yahoo Finance Live anchors discuss the decline in stock for Intel as JP Morgan resumes its coverage on the chip manufacturer with an Underweight rating.
Today's Research Daily features new research reports on 16 major stocks, including, Inc. (AMZN), Sanofi (SNY) and Target Corporation (TGT).
The sudden collapse of FTX, the world’s third-largest cryptocurrency exchange, underlines how important it is for any investor to learn about the risks taken when money is parked with a lightly regulated firm. Sam Bankman-Fried resigned his position as CEO and was replaced by John J. Ray III, a lawyer who has worked on the bankruptcies of Enron, Nortel Networks and many other companies. FTX, based in the Bahamas, held about $16 billion in customer assets but had lent about $10 billion of that to Alameda Research, a trading firm also run by Bankman-Fried and headquartered in Hong Kong, according to a Wall Street Journal report.
When SBF approached Musk about investing in his Twitter bid, Musk asked his banker Michael Grimes, "Does Sam actually have $3B liquid?"
The demise and bankruptcy of crypto brokerage FTX will not be the last downfall in the industry, Binance's CEO predicts.
My favorites are companies that pay high dividend yields that they've been able to grow steadily over time. Three ultra-high-yielders that I've been buying hand-over-fist this year are Blackstone (NYSE: BX), Medical Properties Trust (NYSE: MPW), and Verizon (NYSE: VZ).
Ex-FTX CEO Sam Bankman-Fried lost his entire $16 billion fortune in less than a week after his company filed chapter 11 bankruptcy protection on Friday.
A look at the shareholders of ReneSola Ltd ( NYSE:SOL ) can tell us which group is most powerful. With 25% stake…
One of Wall Street's most implacable bulls has laid out his argument for why he thinks U.S. stocks can continue to rally into year's end after Thursday's game-changing October inflation data.
Finding solid returns is the goal of the game when it comes to stock investing, and investors of all stripes are always on the lookout for a reliable strategy. One common mode, followed by retail investors seeking accurate clues for stocks on the way up, is keep track of insider trades. Corporate insiders are company officers, in high positions, with responsibility to Board members and shareholders alike for bringing in profits and stock price gains. Their positions give them a deeper knowledge
Lessons from the FTX collapse center more around accounting than crypto complexity, believes ex-Treasury Secretary Larry Summers.
Sometimes, a single new data point can break up the most complacent of outlooks. After 10 months of markets trending down, inflation rising, and the Federal Reserve hiking interest rates, it was only natural to assume that the rest of the year held more of the same. And then October’s inflation print broke that mold. It came in at 7.7% annualized, significantly less than the 8% expected. While still near 40-year highs, and still up 0.4% month-over-month, the October number indicates that the rat
The consensus price target hints at a 131.8% upside potential for SoFi Technologies, Inc. (SOFI). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
While there are no guarantees when it comes to investing in the stock market, setting defined goals for your portfolio and investing accordingly in companies that align with your risk tolerance and interests can help you build a profitable basket of holdings that stand the test of time. Vertex Pharmaceuticals (NASDAQ: VRTX) is one company that has fundamentally changed the meaning of a cystic fibrosis diagnosis. This means that among a range of benefits, these drugs can help cystic fibrosis patients live longer.
Bitcoin has dropped 77% from its trading peak in November of last year to the latest blizzard of the crypto winter: FTX’s implosion and bankruptcy.
In my next installment of Q&A with Wall Street, I put Amazon's (NASDAQ: AMZN) stock under the microscope. Amazon management answered questions from Wall Street analysts regarding its near-term prospects.