Consumer Discretionary

Bloomberg spokesperson: No intention to buy Dow Jones or The Washington Post

Bloomberg News spokeswoman Ty Trippet tweeted on December 25 that Bloomberg had no intention of buying Dow Jones & Co. or The Washington Post and “has not had conversations with anyone or any organization about the acquisition.” Bloomberg owner and billionaire Michael Bloomberg retweeted the tweet.

Bloomberg spokesperson: No intention to buy Dow Jones or The Washington Post Read Post »

Deutsche Bank: Tesla (TSLA. O) Lowered price target to $270 from $355 Maintain Buy rating

2022.12.21 Deutsche Bank analyst Emmanuel Rosner puts Tesla (TSLA. O) lowered its price target to $270 and reiterated its buy rating. Analysts lowered Tesla’s Q4 delivery forecast to 420,000 units, reflecting macro weakness in some markets and the postponement of deliveries to Q1 2023 for some U.S. consumers to benefit from incentives from the Inflation Reduction Act. At the same time, Rosner lowered its gross margin forecast to a 30 basis point decline from a 100 bps sequentially higher price, reflecting sequential improvements in plant costs, largely offset by recent price cuts and incentives. That lowered its Q4 EPS forecast to $1.05 from $1.18, also down from the current Wall Street estimate of $1.25. Tesla “remains in the best position to respond to current macroeconomic conditions, using price to support volume growth and using various cost levers to protect margins.” He lowered his price target to reflect Tesla’s “recent challenges,

Deutsche Bank: Tesla (TSLA. O) Lowered price target to $270 from $355 Maintain Buy rating Read Post »

AMAZON (AMAZN. O): operating income of US$127.101 billion in Q3 of fiscal 2022, YoY+14.70%Net sales increased 15% to $127.1 billion in the third quarter

AMAZON (AMAZN. O): Net sales increased 15% to $127.1 billion Q3 of fiscal 2022

Amazon.com, Inc. (NASDAQ: AMZN) stock trading strategy: 2022.11.17 From the technical chart, the long-term downtrend in the stock price has not ended, and the probability of another dip of $90 is very high. From the perspective of K-line technical form, the recent short-term trading backed by $90 Bo rebound or high selling low absorption is a higher return range, and the recommended trading range is between $90 and $105. The mid-line buy point is between $86 and $95, and there can be no stop loss. For the time being, there is no long-term holding space. From a fundamental point of view, Q3 2022 achieved operating income of US$127.101 billion, expected US$127.764 billion, YoY+14.70, net profit attributable to common shareholders of US$2.872 billion, YoY-9.00, EPS US$0.28, YoY-8.50, expected US$1.75. Subject to the interest rate hike cycle, the market risk appetite has declined, and the probability of stock price fluctuations of $80-$120 in

AMAZON (AMAZN. O): Net sales increased 15% to $127.1 billion Q3 of fiscal 2022 Read Post »

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