Stop blaming computer programs for steep drops in the stock market
Worry instead about the impact of some newer products
Worry instead about the impact of some newer products
China concerns will also be in focus during Apple’s earnings call Thursday
Amazon’s valuation has lost almost $200 billion in six weeks, falling behind cloud rival Microsoft
Ameris Bancorp (NASDAQ:ABCB) – FIG Partners reduced their FY2018 earnings estimates for shares of Ameris Bancorp in a note issued to investors on Tuesday, October 23rd. FIG Partners analyst C. Marinac now forecasts that the bank will earn $3.30 per share for the year, down from their prior forecast of $3.32. FIG Partners also issued estimates for Ameris Bancorp’s Q4 2018 earnings at $0.93 EPS, Q1 2019 earnings at $0.94 EPS, Q1 2020 earnings at $1.12 EPS, Q2 2020 earnings at $1.16 EPS, Q3 2020 earnings at $1.20 EPS and FY2020 earnings at $4.70 EPS.
Lockheed Martin Co. (NYSE:LMT) – Analysts at Jefferies Financial Group dropped their Q4 2018 EPS estimates for shares of Lockheed Martin in a report released on Tuesday, October 23rd. Jefferies Financial Group analyst S. Kahyaoglu now expects that the aerospace company will post earnings per share of $4.29 for the quarter, down from their prior estimate of $4.58. Jefferies Financial Group also issued estimates for Lockheed Martin’s FY2020 earnings at $24.00 EPS.
Amazon.com, Inc. (NASDAQ:AMZN) – Stock analysts at Jefferies Financial Group decreased their FY2018 earnings estimates for Amazon.com in a research report issued to clients and investors on Tuesday, October 23rd. Jefferies Financial Group analyst B. Thill now anticipates that the e-commerce giant will earn $17.60 per share for the year, down from their prior estimate of $18.35. Jefferies Financial Group currently has a “Buy” rating and a $2,260.00 target price on the stock. Jefferies Financial Group also issued estimates for Amazon.com’s Q4 2018 earnings at $6.05 EPS and FY2019 earnings at $23.49 EPS.
It has taken a while, but gold is now doing exactly what it is supposed to do as the metal ends the week near a three-month high as U.S. equity markets continue to melt down and bond yields drop.
On 31 October India will unveil the world’s tallest statue, which has cost hundreds of millions of dollars. BBC Gujarati’s Roxy Gagdekar spoke to local farmers who say they are aghast that the government has spent so much money on it while they struggle to make ends meet.
Countries around the world are pushing back against China’s revival as a major global power.
Swedish MPs were not informed of alleged sighting of submarine by teenagers near Stockholm in June