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AAPL

Apple

$204.62

0.79 (0.39%)

, AMZN

Amazon.com

$1,888.10

25.99 (1.40%)

06:12
04/23/19
04/23
06:12
04/23/19
06:12

Apple spends over $30M per month on Amazon cloud, CNBC reports

Apple (AAPL) is spending over $30M a month on Amazon's (AMZN) cloud highlighting the company's determination to provide services like iCloud quickly and reliably even if it must rely on a competitor, CNBC's Jordan Novet reports, citing people familiar with the arrangement. Apple, which has a multiyear agreement with Amazon Web Services, is also investing in building its own cloud infrastructure and announced plans in 2018 to spend $10B on U.S. data centers within five years. Reference Link

AAPL

Apple

$204.62

0.79 (0.39%)

AMZN

Amazon.com

$1,888.10

25.99 (1.40%)

  • 25

    Apr

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    Apr

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    Jun

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    Jun

AAPL Apple
$204.62

0.79 (0.39%)

04/17/19
BARD
04/17/19
NO CHANGE
Target $10
BARD
Outperform
Lattice competitive landscape unchanged by Intel deal, says Baird
Shares of Lattice Semiconductor are trading lower on potential concerns related to smartphone procurement dynamics and the competitive landscape, Baird analyst Tristan Gerra tells investors in a research note. The analyst notes, however, that Lattice is de-emphasizing the smartphone market and no longer has content in Apple's (AAPL) new iPhones. Further, Intel's (INTC) acquisition of Omnitek does not change Lattice's competitive landscape, says Gerra. The analyst has an Outperform rating on Lattice Semiconductor with a $10 price target. The stock in afternoon trading is down 5%, or 62c, to $12.43.
04/18/19
ARGS
04/18/19
NO CHANGE
Target $225
ARGS
Buy
Apple to benefit from Qualcomm litigation settlement, says Argus
Argus analyst Jim Kelleher kept his Buy rating and $225 price target on Apple (AAPL), saying the company's "comprehensive legal settlement and new supply agreement with Qualcomm (QCOM)" should benefit the shares. The analyst notes that the decision to settle was driven by the realization that Apple may miss out on the 5G phone cycle upgrade, and the announcement by Intel (INTC) within hours of the settlement highlighted that the Street was more optimistic about its development of a viable 5G chip. Kelleher adds that the cost burden for Qualcomm chip and licensing is not "too severe", which he estimates to be below $25 on devices that may retail for over $1.1K. The analyst also notes that Apple stock remains "attractive compared to its historical valuations and to peer average multiples."
04/18/19
MSCO
04/18/19
NO CHANGE
MSCO
Overweight
Morgan Stanley prefers Seagate over Western Digital as cloud capex recovery play
Morgan Stanley analyst Katy Huberty said her industry conversations have increased her confidence in a cloud recovery in the second half. Her checks suggest orders from Microsoft (MSFT) will restart in Q2 and rise to above trend levels in Q3 while orders from Amazon (AMZN), Google (GOOGL), Facebook (FB) and Apple (AAPL) are expected to return in Q3. Given this context, Huberty said she prefers Seagate (STX) over Western Digital (WDC) as a play on a cloud capital expenditure recovery, noting that inventory levels position hard disk drives to benefit before NAND, that HDD pricing is structurally better positioned than NAND and her view that Seagate has a better HDD product portfolio to meet cloud demand in the second half of 2019 and first half of 2020. Huberty has an Overweight rating on Seagate and the firm has an Equal Weight rating on Western Digital, which is covered by analyst Joseph Moore.
04/23/19
PIPR
04/23/19
NO CHANGE
PIPR
Piper sees U.S. ride-hailing market reaching $500B per year by 2040
Piper Jaffray expects the U.S. ride-hailing market will achieve annual revenue of $500B per year by 2040, analysts led by Alexander Potter tell investors in a research note. The firm, which utilized baseline data from the National Household Travel Survey, expects ride-hailing growth to continue, with around one-third of urban trips relying on shared third-party vehicles in 2040. This compares to a baseline of only 1.4% in 2017, and equates to a 20-year annual growth rate of ~14%, the analysts contend. Of the stocks with exposure to this trend, Piper prefers Lyft (LYFT), General Motors (GM) and NXP Semiconductors (NXPI). Other covered companies also warrant mention, including Apple (AAPL), Amazon.com (AMZN), Aptiv (APTV), Ford (F), Nvidia (NVDA), and Tesla (TSLA), says Piper.
AMZN Amazon.com
$1,888.10

25.99 (1.40%)

04/22/19
WEDB
04/22/19
NO CHANGE
Target $2000
WEDB
Outperform
Wedbush expects Q1 profit upside for Amazon
Ahead of Amazon's quarterly results, Wedbush analyst Michael Pachter says he expects Q1 upside driven by the company's high-margin advertising, Amazon Web Services, and third-party seller services businesses. Amazon can deliver substantial earnings over the long-term by growing spending more slowly than revenues, he contends, as Amazon Web Services, Fulfillment by Amazon, and ads drive steady margin growth, with Prime driving overall retail revenue growth. Pachter reiterates an Outperform rating and a $2,000 price target on the shares.
04/22/19
MSCO
04/22/19
NO CHANGE
MSCO
Morgan Stanley says streaming video survey points to more multiple service users
Morgan Stanley analyst Benjamin Swinburne said his firm's annual streaming video survey showed that Netflix (NFLX) remains the most widely used service, with 48% of respondents identifying themselves as users. Of interest, 50% of Netflix users also use Amazon (AMZN) Prime Video, 64% of Prime members use Netflix and 81% of Hulu users said they use Netflix, all of which are up from the prior survey. Also, 37% of respondents expressed some level of interest in subscribing to Disney+ (DIS) at $8/month, which is higher than the price point the company announced, and 60% of respondents who reported having children expressed some level of interest, noted Swinburne. Hulu is a joint venture of Disney and Comcast (CMCSA).

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STLHF

Standard Lithium

$0.00

(0.00%)

07:05
08/22/19
08/22
07:05
08/22/19
07:05
Hot Stocks
Standard Lithium completes fabrication of Phase 1, 2 of 'LiSTR' plant »

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FLY

Fly Leasing

$18.25

0.265 (1.47%)

07:04
08/22/19
08/22
07:04
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07:04
Hot Stocks
Fly Leasing CEO says 'FLY continues to achieve record results' »

"FLY continues to…

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WDAY

Workday

$190.87

4.53 (2.43%)

, CRM

Salesforce

$147.40

1.85 (1.27%)

07:04
08/22/19
08/22
07:04
08/22/19
07:04
Initiation
Workday, Salesforce initiated  »

Workday initiated with a…

WDAY

Workday

$190.87

4.53 (2.43%)

CRM

Salesforce

$147.40

1.85 (1.27%)

03/08/13
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    Dec

CLSD

Clearside Biomedical

$1.27

0.09 (7.66%)

07:03
08/22/19
08/22
07:03
08/22/19
07:03
Hot Stocks
Breaking Hot Stocks news story on Clearside Biomedical »

Clearside Biomedical…

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  • 19

    Oct

FLY

Fly Leasing

$18.25

0.265 (1.47%)

07:03
08/22/19
08/22
07:03
08/22/19
07:03
Hot Stocks
Breaking Hot Stocks news story on Fly Leasing »

Fly Leasing board…

03/08/13
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  • 22

    Aug

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    Sep

USNA

Usana

$67.47

0.43 (0.64%)

07:02
08/22/19
08/22
07:02
08/22/19
07:02
Initiation
Usana initiated  »

Usana initiated with a…

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  • 12

    Nov

FLY

Fly Leasing

$18.25

0.265 (1.47%)

07:02
08/22/19
08/22
07:02
08/22/19
07:02
Earnings
Fly Leasing reports Q2 adjusted EPS $1.92, consensus $1.43 »

Reports Q2 revenue…

03/08/13
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PTITF

Indosat

$0.00

(0.00%)

07:01
08/22/19
08/22
07:01
08/22/19
07:01
Downgrade
Indosat rating change  »

Indosat downgraded to…

03/08/13
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PCTY

Paylocity

$109.41

3.22 (3.03%)

07:01
08/22/19
08/22
07:01
08/22/19
07:01
Initiation
Paylocity initiated  »

Paylocity initiated with…

03/08/13
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BERY

Berry Global

$39.94

0.57 (1.45%)

07:00
08/22/19
08/22
07:00
08/22/19
07:00
Initiation
Berry Global initiated  »

Berry Global reinstated…

03/08/13
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KEYS

Keysight Technologies

$89.14

1.85 (2.12%)

06:59
08/22/19
08/22
06:59
08/22/19
06:59
Recommendations
Keysight Technologies analyst commentary  »

Keysight Technologies…

03/08/13
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  • 10

    Sep

TGT

Target

$103.11

17.54 (20.50%)

06:57
08/22/19
08/22
06:57
08/22/19
06:57
Recommendations
Target analyst commentary  »

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PAYC

Paycom

$251.93

4.93 (2.00%)

06:57
08/22/19
08/22
06:57
08/22/19
06:57
Initiation
Paycom initiated  »

Paycom initiated with a…

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BJ

BJ's Wholesale

$22.54

0.915 (4.23%)

06:55
08/22/19
08/22
06:55
08/22/19
06:55
Hot Stocks
Breaking Hot Stocks news story on BJ's Wholesale »

BJ's Wholesale up 6%…

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  • 22

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SQ

Square

$65.43

1.05 (1.63%)

06:53
08/22/19
08/22
06:53
08/22/19
06:53
Recommendations
Square analyst commentary  »

Square weakness a good…

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CSOD

Cornerstone OnDemand

$51.34

0.32 (0.63%)

06:53
08/22/19
08/22
06:53
08/22/19
06:53
Initiation
Cornerstone OnDemand initiated  »

Cornerstone OnDemand…

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CCC

Clarivate Analytics

$17.65

0.085 (0.48%)

, TRI

Thomson Reuters

$67.48

0.39 (0.58%)

06:52
08/22/19
08/22
06:52
08/22/19
06:52
Hot Stocks
Clarivate Analytics announces buyout of tax receivable agreement »

Clarivate Analytics (CCC)…

CCC

Clarivate Analytics

$17.65

0.085 (0.48%)

TRI

Thomson Reuters

$67.48

0.39 (0.58%)

03/08/13
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CDAY

Ceridian

$56.73

2.585 (4.77%)

06:50
08/22/19
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06:50
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06:50
Initiation
Ceridian initiated  »

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  • 10

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CNMD

Conmed

$97.17

1.16 (1.21%)

06:50
08/22/19
08/22
06:50
08/22/19
06:50
Upgrade
Conmed rating change  »

Conmed upgraded to…

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  • 09

    Sep

06:50
08/22/19
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06:50
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06:50
General news
FX Update »

FX Update: EUR-USD more…

LYTS

LSI Industries

$3.76

-0.17 (-4.33%)

06:49
08/22/19
08/22
06:49
08/22/19
06:49
Earnings
LSI Industries reports Q4 EPS 3c with items, consensus (2c) »

Reports Q4 revenue…

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  • 22

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BJ

BJ's Wholesale

$22.54

0.915 (4.23%)

06:48
08/22/19
08/22
06:48
08/22/19
06:48
Hot Stocks
BJ's Wholesale CEO says Q2 results 'in line with our expectations' »

"Second quarter…

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  • 22

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HSBC

HSBC

$36.27

0.1 (0.28%)

, AVVIY

Aviva

$0.00

(0.00%)

06:47
08/22/19
08/22
06:47
08/22/19
06:47
Periodicals
HSBC considering offer for Aviva's Asian assets, Bloomberg reports »

HSBC (HSBC) is…

HSBC

HSBC

$36.27

0.1 (0.28%)

AVVIY

Aviva

$0.00

(0.00%)

03/08/13
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  • 27

    Oct

SQM

SQM

$25.40

-0.86 (-3.27%)

06:47
08/22/19
08/22
06:47
08/22/19
06:47
Downgrade
SQM rating change  »

SQM downgraded to…

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  • 22

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  • 10

    Sep

BJ

BJ's Wholesale

$22.54

0.915 (4.23%)

06:46
08/22/19
08/22
06:46
08/22/19
06:46
Earnings
BJ's Wholesale backs FY19 EPS view $1.42-$1.50, consensus $1.48 »

Backs FY19 revenue view…

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