Tech is on pace for another week in the green. The Nasdaq looking to secure its fourth positive week in five. Big tech driving the index to more record highs this week as you know.And joining us this morning is Janice Henderson, portfolio manager Jeremiah Buckley. Jeremiah, happy Friday. Thanks for the time this morning.Good to see you. Hey, good morning Carl. Thanks for having me again.Before we get to individual names, I'm guessing that double digit earnings growth affords you some some opportunities over ...

Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced and qualified news journalists who produce independent content [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content includes insights across various sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for being a forward-looking technology adopter, utilizing technologies to enhance workflows [4] - The company employs automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]

Group 1 - The article discusses the investment group The Dividend Kings, which aims to help investors safeguard and grow their money through high-quality dividend investments [2] - The team of analysts associated with The Dividend Kings includes Brad Thomas, Justin Law, Nicholas Ward, Chuck Carnevale, and Sebastian Wolf, who provide resources such as model portfolios, buy ideas, and company research reports [2] - The article emphasizes the importance of intelligent investing in dividend stocks and mentions a thriving chat community for members to learn and share insights [2] Group 2 - The article includes a disclosure stating that the author has a beneficial long position in several companies, including EPD, O, AMZN, NVDA, MELI, ARE, NVO, and GPN [2] - It clarifies that the opinions expressed in the article are those of the author and not influenced by any business relationships with the mentioned companies [2] - The article also notes that past performance is not indicative of future results, and no specific investment advice is provided [3]

Core Viewpoint - The article discusses several high-conviction stocks that are expected to have strong long-term growth potential, appealing to growth-stock investors looking for promising investment opportunities. Group 1: High-Conviction Stocks - Amazon.com (AMZN) is highlighted for its promising future, with a forward-looking price-to-earnings (P/E) ratio of about 34, significantly below its five-year average of 47, indicating it may be attractively priced [5][6][8] - Berkshire Hathaway (BRK.A, BRK.B) is noted for its historical outperformance and potential for future growth, with a recent forward P/E of 22.5, close to its five-year average of 21, and a price-to-sales ratio of 2.6, slightly above its five-year average of 2.2 [8][9] - Shopify (SHOP) has shown impressive performance with an average annual gain of 45% over the past decade and 41% year-to-date, with a recent forward P/E of 101, just below its five-year average of 104, reflecting high expectations [10][12] Group 2: Market Context and Strategy - The article emphasizes the importance of diversifying investments across multiple companies and suggests holding shares for at least five years to allow for performance recovery during market downturns [5][4] - It also mentions the potential impact of economic conditions, such as a recession, on retail businesses, but notes that Amazon's low-cost positioning may mitigate some risks [7]

For more on what's next for the company, let's bring in Oenheimer, managing director of Internet Equity Research, Jason Hellstein. He's got an outperform rating, a $70 price target on the name. Jason, great to have you with us.>> Thanks. >> And and you did cut the price target, correct. On the back of that 30% drop on the back of earnings.>> We did. Our price target's 70 now which would still be like 25 26 times next year's cash flow so still rich but um stock is 18 now app 11 which kind of is the darling n ...

Now, finance executive editor Brian Sazier taking a look at a live shot of the opening bells on Wall Street on this Thursday morning, almost Friday. MAX ringing the bell at the New York Stock Exchange to celebrate its IPO. The company more formerly known as Miami International Holding. Get it? My Yeah, gotcha. Uh, Dominari Holdings, I think I said that right. getting things underway over at the NASDAQ. Now, the September rate cut thesis is taking a hit today out of the block. Investors have scrambled this m ...

Core Insights - Amazon's advertising business achieved a record 9.36% of total revenues in Q2 2025, amounting to $15.69 billion, reflecting a 23% year-over-year growth driven by AI optimization and an expanding digital advertising market [1][9] Group 1: Advertising Growth Drivers - The advertising segment generates revenue through sponsored placements, display and video ads, enhancing product visibility and retail transactions, which also increases sales and third-party seller fees [2] - Amazon's ad ecosystem includes over 300 million ad-supported users in the U.S., leveraging platforms like retail, Prime Video, Twitch, and Fire TV, with partnerships such as Roku providing access to 80 million CTV households [3] - The Amazon Demand-Side Platform (DSP) utilizes proprietary data to deliver measurable results, contributing to the company's confidence in sustaining ad-driven growth [4] Group 2: Competitive Landscape - Alphabet Inc. leads the digital advertising space with a 10.4% year-over-year revenue increase to $71.34 billion in Q2 2025, supported by innovations and a strong user base [5] - Meta Platforms reported a 21.1% increase in ad revenues to $46.6 billion in Q2 2025, with AI integration enhancing campaign performance despite facing privacy challenges [6] Group 3: Financial Performance and Valuation - Amazon's stock has increased by 2.2% year-to-date, underperforming compared to the Zacks Internet – Commerce industry and the Zacks Retail-Wholesale sector [7] - The forward 12-month Price/Sales ratio for Amazon is 3.15X, higher than the industry's 2.27X, indicating a relatively higher valuation [10] - The Zacks Consensus Estimate for Amazon's 2025 earnings is $6.70 per share, reflecting a 21.16% increase from the previous year [13]

Investment Rating - Investment Rating: Hold [2] Core Views - Amazon reported Q2 2025 revenue of $167.7 billion, a 13% year-over-year increase, exceeding market expectations of $162 billion [5][13] - Operating profit reached $19.2 billion, up 31% year-over-year, while net profit was $18.2 billion, a 35% increase [5][13] - Despite strong fundamentals, the stock price fell nearly 8% in after-hours trading, resulting in a market cap loss of over $140 billion [5][13] Financial Performance - Revenue structure is robust, with AWS, advertising, and e-commerce as the three core revenue sources [14] - AWS contributed $30.9 billion in revenue, growing 17.5% year-over-year, while advertising revenue reached $15.7 billion, up 22% [5][15] - Free cash flow dropped to $18.2 billion, significantly lower than the previous year's $53 billion due to soaring capital expenditures [5][14] Business Development 1. **AWS Cloud Business**: - Q2 AWS revenue accounted for 18% of total revenue, with an operating profit margin of 32.9%, down from 39.5% in the previous quarter [6][15] - AWS holds a 30% market share, leading over Azure (25%) and Google Cloud (11%) [15] 2. **Advertising Business**: - Revenue growth of 22% to $15.7 billion, with video ads making up 45% and voice ads 35% of total advertising revenue [6][16] 3. **E-commerce and Emerging Markets**: - North America revenue was $100.1 billion, up 11%, while international revenue reached $36.8 billion, growing 16% [6][17] Future Outlook - Market expects Amazon's total revenue for 2025 to exceed $640 billion, driven by AWS, advertising, and e-commerce [7] - Annual advertising revenue is projected to surpass $60 billion, with AWS maintaining double-digit growth supported by AI infrastructure [7][21] - Capital expenditures are high, impacting short-term cash flow but expected to provide long-term growth opportunities [7][20]

Group 1: Bullish (BLSH) IPO - Bullish (NYSE:BLSH) shares surged 84% on their first trading day after raising $1.1 billion in an IPO, with the stock reaching a high of $117.93, more than triple the IPO price [3] - Company insiders benefited significantly, with co-founder Brendan Blumer holding a 30.1% stake valued at $3.4 billion, while board member Kokuei Yuan owns 26.7% worth $3.1 billion [4] Group 2: DeepSeek AI Model Delay - Chinese AI firm DeepSeek has delayed the launch of its new AI model, R2, due to challenges in training with Huawei chips and limited access to Nvidia's high-end GPUs [5] - CEO Liang Wenfeng has not set a release date for R2, expressing dissatisfaction with its performance [6] Group 3: Amazon Grocery Delivery Expansion - Amazon (NASDAQ:AMZN) announced a major expansion of its grocery delivery service, allowing customers in over 1,000 locations to order fresh groceries for same-day delivery, with plans to extend this to over 2,300 locations by year-end [7][8] - The expansion includes thousands of perishable items, enhancing the existing logistics network and offering free same-day delivery for Prime members on orders over $25 in most cities [9] - This development could significantly impact various retailers, including Walmart, Target, and Kroger, as Amazon increases its presence in the grocery sector [10]

Core Viewpoint - Amazon.com Inc. experienced a significant drop of over 10% in its stock price following its Q2 earnings report, which, while showing solid performance, did not meet expectations for future guidance [1][2] Group 1: Stock Performance and Market Reaction - The stock entered a technical correction after a 45% rally since April, with the recent pullback coinciding with a broader market slowdown [1][2] - Despite the initial drop, signs indicate that bearish momentum is waning, suggesting a potential bullish turnaround for Amazon [2][12] - The stock has shown resilience, holding above its post-earnings low, indicating strong buying interest at lower levels [3][4] Group 2: Analyst Sentiment and Forecasts - Analyst sentiment remains overwhelmingly bullish, with a 12-month price forecast averaging $262.45, representing a 16.82% upside from the current price of $224.66 [6] - Analysts from Goldman Sachs and Cowen have reiterated their Buy ratings, contributing to a positive outlook for the stock [6][7] - Price targets from analysts suggest potential upside reaching up to $280, indicating nearly 30% growth from current levels [7] Group 3: Business Fundamentals and Market Conditions - Amazon's key business units, including AWS and advertising, continue to outperform, supported by favorable macro conditions for big tech [8][9] - The recent sell-off appears to be a healthy profit-taking phase rather than a sign of fundamental weakness, as the market has digested the weaker guidance from the earnings report [10] - The overall market sentiment remains risk-on, which typically benefits high-quality stocks like Amazon [10] Group 4: Price Levels and Future Targets - A critical support level for Amazon's stock is identified at $220, which, if maintained, could lead to a target of $235 and potentially $240, with further upside towards $280 [5][11] - The ability to hold above $220 is crucial for the stock's next upward movement, as bears struggle to regain control without new catalysts [12]