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FB

Facebook

$187.60

-1.27 (-0.67%)

, AMZN

Amazon.com

$1,897.51

18.25 (0.97%)

18:08
06/26/19
06/26
18:08
06/26/19
18:08

Facebook in talks to lease office space in Hudson Yards, WSJ reports

Facebook (FB) is in discussions to lease 1M square feet of office space in a skyscraper under construction in Manhattan's newest neighborhood on the far West Side, the Wall Street Journal's Keiko Morris reports, citing a person familiar with the discussions. The move would create one of the social media giant's biggest office operations in the world outside of its headquarters in Menlo Park, California, Morris says. The deal could also be a sign that New York continues to hold allure for large tech companies following Amazon's (AMZN) about-face earlier this year, the author notes. Reference Link

FB

Facebook

$187.60

-1.27 (-0.67%)

AMZN

Amazon.com

$1,897.51

18.25 (0.97%)

  • 26

    Jun

  • 10

    Jul

  • 16

    Jul

FB Facebook
$187.60

-1.27 (-0.67%)

06/24/19
CLVD
06/24/19
NO CHANGE
CLVD
Google partners moderating outlooks, says Cleveland Research
Cleveland Research said its checks indicate that partners of Google (GOOGL) are moderating their 2019 outlooks, citing slowing growth in Search, less contribution from YouTube due to brand-safety concerns and some share loss to Amazon (AMZN) and Facebook (FB). The firm's research suggests Q2 advertising budgets at Google may be moderating further compared to Q1 trends, Cleveland Research told investors.
06/24/19
OPCO
06/24/19
NO CHANGE
Target $225
OPCO
Outperform
Oppenheimer remains bullish on Facebook ahead of Q2 results
Oppenheimer analyst Jason Helfstein remains bullish on Facebook shares ahead of Q2 results. Despite the seemingly ever-present regulation threat, engagement and monetization appear strong, he contends. The analyst notes that agency checks suggest news headlines are having no impact on advertisers client spending, so long as conversion and ROI remain strong. Meanwhile, 3P data remains bullish, suggesting engagement remains healthy, he adds. Lastly, Helfstein points out that a deeper look into CCPA shows that it may have a weaker than expected effect, and thinks Facebook is prepared and should experience less turbulence than previously expected. The analyst reiterates an Outperform rating and $225 price target on the shares.
06/19/19
RHCO
06/19/19
NO CHANGE
Target $215
RHCO
Buy
Facebook Libra initiative to 'disrupt financial services', says SunTrust
SunTrust analyst Youssef Squali kept his Buy rating and $215 price target on Facebook after its white paper release on its intended launch of the Libra blockchain currency platform that would offer "access to better and cheaper financial services worldwide." The analyst notes that since the platform would likely take "several years to develop", he is not changing any of its near-term financial estimates for the company. Nonetheless, Squali contends that Libra represents a "major initiative for Facebook", with potential to put it front and center in areas beyond advertising and including commerce and financial services toward "material" expansion of its total addressable market and growth prospects.
06/19/19
MSCO
06/19/19
NO CHANGE
MSCO
Visa, MasterCard disruption threat from Libra 'fairly low,' says Morgan Stanley
After Facebook (FB) unveiled its cryptocurrency Libra yesterday, Morgan Stanley analysts led by Brian Nowak highlighted six "key questions" they still have about the impact on Facebook, commerce and the overall global banking and payments system from the social media giant's offering. The team, as previously stated, believe that Instagram commerce could be a greater than $4B annual opportunity for Facebook and even larger over the long term across Instagram, Messenger, WhatsApp and the core app. However, they also think costs may rise as they believe Facebook is likely going to have to fund rewards to drive Libra adoption. Libra's real-time aspect largely already exists in the banking system, except for in real-time cross-border payments, which is a challenge that Facebook could address, though it won't be alone there as JPMorgan (JPM) is also working on its own s Interbank Information Network blockchain, the team noted. The team believes Libra's threat of disruption to Visa (V) and Mastercard (MA) is "fairly low" as the major networks have a significant scale advantage, low costs, mature fraud detection abilities and they are both also founding members and investors, Nowak and the analysts also noted.
AMZN Amazon.com
$1,897.51

18.25 (0.97%)

06/26/19
LOOP
06/26/19
NO CHANGE
Target $2380
LOOP
Buy
Amazon's free one-day delivery to drive significant revenue, says Loop Capital
Loop Capital analyst Anthony Chukumba reiterated a Buy rating and $2,380 price target on Amazon.com. In a research note to investors, the analyst says his firm analyzed the likely impacts on Amazon's top line growth following the introduction of free one-day delivery on over 10M items. Based on the analysis, Chukumba says he believes Amazon's move to free one-day delivery for Prime members will drive significant incremental revenue from three sources: incremental gross merchandise volume and the resulting revenue from additional consumers signing up for Prime memberships; incremental subscription fees from new Prime members; and incremental GMV and the resulting revenue from current Prime members buying more items.
06/26/19
FBCO
06/26/19
NO CHANGE
Target $175
FBCO
Outperform
FedEx price target lowered to $175 from $184 at Credit Suisse
Credit Suisse analyst Allison Landry lowered her price target for FedEx (FDX) to $175 from $184, while reiterating an Outperform rating on the shares. Given FedEx's historical track record for setting an optimistic outlook, the analyst was "a bit surprised" at the fiscal year 2020 guidance for a MSD EPS decline. Landry is less constructive on the stock fundamentally from a mid-term perspective, but on a longer-term view, she continues to think that FedEx is well positioned strategically to benefit from the evolving domestic parcel market; and specifically, views its alignment with large, traditional retailers - such as Walmart (WMT and Target (TGT) - that are looking for ways to compete with Amazon (AMZN) as a positive in the long run.
06/26/19
WEDB
06/26/19
NO CHANGE
WEDB
Pentagon JEDI contract to be 'defining moment' for cloud arms race, says Wedbush
Wedbush analyst Daniel Ives believes a "defining moment" for the cloud arms race will be the announcement of the winner of the long-awaited Pentagon JEDI contract, which is worth roughly $10B over the next decade in this landmark deal representing the cloud "grand prize" for Amazon (AMZN) and Microsoft (MSFT). The analyst notes that the timing on the announcement of a winner could be late August/early September with the ongoing Oracle (ORCL) lawsuit a wild card that could push the timeline out further depending on the outcome. While AWS/Amazon have been in pole position to win this deal over the last year, Ives continues to hear from his Beltway contacts that Microsoft has made "steady and impressive progress" and significantly narrowed the gap over the last six months with the odds of a win looking more like a realistic possibility.
06/26/19
WEDB
06/26/19
NO CHANGE
Target $30
WEDB
Neutral
Amazon lower priced than Chewy on initial autoship pet food orders, says Wedbush
Wedbush analyst Seth Basham conducted a pricing study of 80 popular pet food products at Chewy.com (CHWY) and Amazon (AMZN) and found nearly equivalent list prices and basic autoship discount prices, but Chewy's prices averaged 17% worse on first autoship orders and 4% worse on recurring autoship orders when Amazon customers order 5-plus recurring order items. Amazon and Chewy dominate the online pet retail industry, with the latter growing much faster than the former in recent years, he notes. Yet, Basham argued that with nearly equivalent pet category sales but a much larger balance sheet, Amazon is the one primary threat to Chewy's growth. The analyst reiterates a Neutral rating and $30 price target on Chewy's shares.

TODAY'S FREE FLY STORIES

NOVA

Sunnova Energy

$11.13

0.089 (0.81%)

21:22
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21:22
Initiation
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SPY

SPDR S&P 500 ETF Trust

$292.31

3.52 (1.22%)

, SPX

S&P 500

$0.00

(0.00%)

20:54
08/19/19
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20:54
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20:54
Periodicals
Trump administration considering steps on economy if conditions worsen, NYT says »

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SPY

SPDR S&P 500 ETF Trust

$292.31

3.52 (1.22%)

SPX

S&P 500

$0.00

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KSS

Kohl's

$48.20

2.69 (5.91%)

, TJX

TJX

$51.55

0.13 (0.25%)

20:25
08/19/19
08/19
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20:25
Earnings
Notable companies reporting before tomorrow's open »

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KSS

Kohl's

$48.20

2.69 (5.91%)

TJX

TJX

$51.55

0.13 (0.25%)

MDT

Medtronic

$104.15

1.42 (1.38%)

HD

Home Depot

$207.98

4.335 (2.13%)

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BHP

BHP Group

$49.12

0.31 (0.64%)

19:32
08/19/19
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19:32
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19:32
Hot Stocks
BHP Group sees China and global economic growth slowing »

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BHP

BHP Group

$49.12

0.31 (0.64%)

19:25
08/19/19
08/19
19:25
08/19/19
19:25
Earnings
BHP Group reports FY19 Net profit up 124% at $8.31B »

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  • 19

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AAPL

Apple

$210.32

3.88 (1.88%)

19:09
08/19/19
08/19
19:09
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19:09
Periodicals
Apple aims for November launch of Apple+, Bloomberg reports »

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ACN

Accenture

$195.19

2.005 (1.04%)

19:04
08/19/19
08/19
19:04
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19:04
Hot Stocks
Accenture acquires Parker Fitzgerald, terms not disclosed »

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BIDU

Baidu

$104.28

7.63 (7.89%)

, NBRV

Nabriva Therapeutics

$2.21

-0.06 (-2.64%)

18:47
08/19/19
08/19
18:47
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18:47
Hot Stocks
Fly Intel: After Hours Movers »

UP AFTER EARNINGS: Baidu…

BIDU

Baidu

$104.28

7.63 (7.89%)

NBRV

Nabriva Therapeutics

$2.21

-0.06 (-2.64%)

MRNA

Moderna

$13.41

0.235 (1.78%)

VSLR

Vivint Solar

$8.30

0.3 (3.75%)

FN

Fabrinet

$56.40

0.77 (1.38%)

IQ

iQIYI

$18.10

1.02 (5.97%)

MRUS

Merus

$18.46

1.75 (10.47%)

SRPT

Sarepta

$120.16

-4.81 (-3.85%)

03/08/13
Wedge Partners
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  • 19

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  • 04

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ET

Energy Transfer LP

$13.77

0.3 (2.23%)

18:40
08/19/19
08/19
18:40
08/19/19
18:40
Periodicals
Energy Transfer LP performing maintenance on WTG pipeline, Reuters says »

A spokeswoman for Energy…

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AAPL

Apple

$210.32

3.88 (1.88%)

, SNE

Sony

$55.71

-0.01 (-0.02%)

18:20
08/19/19
08/19
18:20
08/19/19
18:20
Periodicals
Apple allocates over $6B for original TV shows and movies, FT says »

Apple (AAPL) has budgeted…

AAPL

Apple

$210.32

3.88 (1.88%)

SNE

Sony

$55.71

-0.01 (-0.02%)

NFLX

Netflix

$309.40

6.66 (2.20%)

DIS

Disney

$135.33

0.14 (0.10%)

T

AT&T

$35.40

0.42 (1.20%)

CBS

CBS

$44.21

0.38 (0.87%)

03/08/13
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03/06/13
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  • 20

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  • 23

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LGIH

LGI Homes

$78.56

3.36 (4.47%)

18:01
08/19/19
08/19
18:01
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18:01
Hot Stocks
LGI Homes opens two new communities in greater Seattle market »

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AMZN

Amazon.com

$1,816.29

24.47 (1.37%)

18:01
08/19/19
08/19
18:01
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18:01
Hot Stocks
Amazon.com to expand in Utah with new new fulfillment center »

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  • 27

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WMT

Walmart

$113.76

0.77 (0.68%)

18:00
08/19/19
08/19
18:00
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18:00
Hot Stocks
Walmart to pay $100,000 to settle EEOC disability discrimination suit »

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  • 15

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    Nov

X

U.S. Steel

$12.42

1.13 (10.01%)

17:58
08/19/19
08/19
17:58
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17:58
Periodicals
U.S. Steel to lay off hundreds of workers at Great Lakes plant, Reuters says »

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  • 23

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SRPT

Sarepta

$120.16

-4.81 (-3.85%)

17:53
08/19/19
08/19
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17:53
Hot Stocks
Breaking Hot Stocks news story on Sarepta »

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  • 19

    Aug

SRPT

Sarepta

$120.16

-4.81 (-3.85%)

17:52
08/19/19
08/19
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17:52
Hot Stocks
FDA's CRL to Sarepta's golodirsen citing risk of infection, renal toxicity »

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  • 19

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BSX

Boston Scientific

$42.74

0.59 (1.40%)

17:41
08/19/19
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17:41
Hot Stocks
Boston Scientific's ImageReady MRI labeling receives FDA approval »

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  • 04

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AMZN

Amazon.com

$1,816.29

24.47 (1.37%)

, GOOG

Alphabet

$1,198.01

21.07 (1.79%)

17:35
08/19/19
08/19
17:35
08/19/19
17:35
Periodicals
State AGs to proceed with antitrust investigation of big tech, WSJ reports »

A group of state…

AMZN

Amazon.com

$1,816.29

24.47 (1.37%)

GOOG

Alphabet

$1,198.01

21.07 (1.79%)

GOOGL

Alphabet Class A

$1,199.94

21.25 (1.80%)

FB

Facebook

$186.22

2.8 (1.53%)

MSFT

Microsoft

$138.43

2.3 (1.69%)

AAPL

Apple

$210.32

3.88 (1.88%)

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  • 04

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FB

Facebook

$186.22

2.8 (1.53%)

17:31
08/19/19
08/19
17:31
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17:31
Periodicals
FTC head says breaking up Facebook could be complicated, FT reports »

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  • 15

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MPW

Medical Properties Trust

$18.28

0.13 (0.72%)

17:28
08/19/19
08/19
17:28
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17:28
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Medical Properties Trust COO sells 100K shares of common stock »

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  • 19

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WMT

Walmart

$113.76

0.77 (0.68%)

17:17
08/19/19
08/19
17:17
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17:17
Periodicals
Walmart's U.S. Chief Marketing Officer Barbara Messing is leaving, AdAge says »

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MAXR

Maxar Technologies

$6.49

0.185 (2.93%)

17:12
08/19/19
08/19
17:12
08/19/19
17:12
Hot Stocks
Maxar Technologies' MDA awarded Canadian Space Agency contract »

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RCI

Rogers Communications

$51.30

0.21 (0.41%)

17:06
08/19/19
08/19
17:06
08/19/19
17:06
Hot Stocks
Rogers 'disappointed' by CRTC decision on broadband wholesale rates »

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IQ

iQIYI

$18.10

1.02 (5.97%)

17:05
08/19/19
08/19
17:05
08/19/19
17:05
Hot Stocks
Breaking Hot Stocks news story on iQIYI »

iQIYI down over 6% or…

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  • 19

    Aug

IQ

iQIYI

$18.10

1.02 (5.97%)

17:03
08/19/19
08/19
17:03
08/19/19
17:03
Hot Stocks
iQIYI reports Q2 total subscribing members 100.5M, up 50% from last year »

iQIYI's number of…

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