Baird analyst Colin Sebastian said it is reasonable to assume at least a modest short-term hit to YouTube revenues after a number of brands and agencies suspended advertising on the platform over questions about the placement of ads next to offensive content. However, he tells investors not to "panic" yet, as Search checks are largely positive and he foresees limited bottom-line impact to Alphabet overall. Additionally, the company is taking prudent steps to improve safeguards, which should protect YouTube's medium- and long-term growth, Sebastian tells investors. Over the short-term, though, he sees YouTube's issues potentially benefiting other online video platforms, including Facebook (FB), Twitter (TWTR) and Amazon's (AMZN) Twitch, he added. Sebastian keeps an Outperform rating and $960 price target on Alphabet shares.

What has Wall Street been buzzing about this week? Here are the top 5 Bu-y calls and the top 5 Sell calls made by Wall Street’s best analysts during the week of April 15-19. Find all top-rated... To see the rest of the story go to thefly.com. See Story Here

Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here

Amazon (AMZN) has renewed its latest hit Prime Video series "Fallout" for a second season, Variety's Joe Otterson reports. The news comes after Variety previously reported that a second season was slated to receive $25M in tax credits by shooting in the state of California. The "Fallout" franchise is published by Bethesda, which Microsoft (MSFT) acquired in 2021. Reference Link

Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here

Sales of video games in Bethesda's "Fallout" series have surged across Europe, with 2015's "Fallout 4" reclaiming the top spot, Gamesindustry.biz's Christopher Dring reports. Sales of "Fallout 4" jumped 7,500% week-on-week across Europe, due to some heavy discounting on games in the "Fallout" franchise across all platforms designed to tie-in with Amazon Prime's (AMZN) "Fallout" television series, Dring says, citing GSD data. 2018's "Fallout 76," 2010's "Fallout: New Vegas," and 2008's "Fallout 3" rounded out Europe's weekly top ten as well, Dring says. The Fly notes that Microsoft (MSFT) acquired Bethesda in 2021. Reference Link

Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here

Big River Services International sells around $1M a year in goods in e-commerce marketplaces and is an arm of Amazon that gathers intelligence on the company's competitors, Dana Mattioli and Sarah Nassauer of The Wall Street Journal reports. Big River uses its sales across multiple countries to gather pricing data, logistics, and other details about rival marketplaces, people familiar with the matter told the Journal. Reference Link