Investment Management
Chinese internet giant Tencent Holdings is expanding access to foreigners for its digital payments service WeChat Pay in China through tie-ups with international credit card companies, hot on the heels of Alipay’s new plan to launch its international e-wallet program.The Shenzhen-based company said its cooperation with international card organisations has been expanded to five […]
JPMorgan sees Apple shares trading at “significant premium to their historical trading range,” but the firm still sees long-term upside potential. Analyst Samik Chatterjee cites the higher percentage of overall revenue coming from Services and the 5G iPhones expected this fall. The analyst sees the potential for upside across several areas, including the iPhone, […]
Bank of America names Microsoft (NASDAQ:MSFT) as a top software pick for 2020 and raises the price target from $162 to $200 Key growth drivers include Azure, gaming, and LinkedIn BofA says Azure “has still not reached scale in terms of margins,” which means it is still a meaningful driver for gross […]
RBC Capital analyst Mitch Steves, has reiterated his Outperform rating and raised his price target on the AMD’s stock, citing improved business from both data-center and gaming customers In a research note on 24 Dec, the analyst raised his target for AMD’s stock (ticker: AMD) price to $53 from $50 He said […]
The desperate, last-minute trip to the store is fast becoming a ghost of Christmas past. Gifts can now be ordered and delivered within 24 hours as if by Santa Claus himself Piper Jaffray analyst Micheal J. Olson reiterated his Overweight rating for Amazon stock (ticker: AMZN) in a research note on Monday. He […]
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