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3 mins read

A Jefferies analyst says there's a 'tech buyers' strike' going on - but thinks these 4 tech stocks will still outperform

Microsoft, Intuit, Adobe, and Wix are four of analyst Brent Thill's top picks in the tech sectors d…

Will Daniel   


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2 mins read

The layoffs sweeping tech companies are 'contagious' and 'may get worse,' Jefferies analyst predicts

Tech layoffs may be here to stay as companies invest in generative AI and want to show investors be…

Ana Altchek   


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2 mins read

Meta will be the top-performing mega-cap internet stock in 2023 after sliding 64% last year, says Jefferies

Jefferies outlined three reasons to be positive on Meta stock in 2023. The shares finished among th…

Carla Mozée   


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1 min read

Tech valuations 'hit a wall' after recent earnings, according to Jefferies

Tech "multiples are already high and the next leg of growth for this space has to be driven by fund…

Carmen Reinicke   


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5 mins read

Welcome to the Big Tech reckoning

Amid a streak of disappointing financial results, inflation, and global turmoil, companies like Met…

Matt Turner,Hallam Bullock,Sh…   


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1 min read

Google parent Alphabet jumps to record as strong ad sales push 1st-quarter results past Wall Street's forecasts

Alphabet also got authorization from its board to repurchase up to an additional $50 billion of its…

Carla Mozée   


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2 mins read

Google parent Alphabet has a $115 billion pile of cash that could be used to boost its stock, analyst says

By Thill's calculation, Alphabet, which became Google's parent company after a 2015 reorganization,…

Ethel Jiang   


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4 mins read

Benjamin Pimentel   


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2 mins read

Xbox shipping delays may continue through April 2021, according to a Microsoft executive

"I think we'll continue to see supply shortages as we head into the post-holiday quarter," Xbox CFO…

Kevin Shalvey   


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3 mins read

'Redmond delivers another cloud masterpiece': 4 Wall Street analysts on Microsoft's latest earnings report

Microsoft turned in 19% revenue growth and 45% EPS growth year-over-year in its fiscal Q3 earnings …

Will Daniel   


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2 mins read

GrubHub tumbles after Uber says it has a massive opportunity in food delivery

"We believe much of this information was already well understood by investors as Uber has been more…

Arjun Reddy   


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3 mins read

JEFFERIES: Amazon just raised its minimum wage to $15 - here are the costs and benefits

In an "ultra-conservative" scenario where employees are currently paid at the lowest end of the sal…

Ethel Jiang   


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2 mins read

Facebook's content issues are creating a 'tailwind' for Amazon's ad business

Amazon's digital advertising market share is indeed increasing, going from 0.5% of the global marke…

Jacob Sonenshine   


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2 mins read

TECH ANALYST: Twitter is 'on the road to recovery' - but it's not going to be easy

Jack Dorsey (L), CEO of Square and CEO of Twitter, is congratulated by Jim McKelvey, co-founder of …

Jacob Sonenshine   


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3 mins read

Here's why Tinder owner Match Group shouldn't be worried about getting Amazon'd by Facebook

This isn't the first time a tech giant has flaunted its influence in ways that hurt smaller, fledgl…

Jacob Sonenshine   


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2 mins read

Amazon could make billions of dollars by utilizing an 'advertiser's dream of data'

The online retail giant's advertising business could grow at a 43% compound annual growth rate, or …

Kimberly Chin   


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3 mins read

Snapchat was forced to pull an ad featuring Rihanna and Chris Brown - but one analyst thinks the bad press could be good for business

Investors have been quick to dump shares of Snap when it gets called out by a celebrity - like they…

Jacob Sonenshine   


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1 min read

JEFFERIES: Amazon is adding 1 million square feet of warehouse space a week - and not slowing down anytime soon

Jefferies raised its price target to $1,250, about 24% above its current price of $1008.82. Amaz…

Kimberly Chin   


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5 mins read

Amazon bucked one of the worst quarters in market history and posted a gain amid the COVID crisis - Here's why Wall Street loves the stock

Andrew Murphy, an analyst at Loup Ventures, said Amazon is struggling to keep up with demand, which…

Eugene Kim   


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2 mins read

Facebook is a beast unlike any other that Match Group has seen

Tinder-parent Match Group tumbled 22% Tuesday, its largest one-day drop ever, after Facebook CEO Ma…

Lisa Fu