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Yahoo BusinessOct 29, 2020
All Eyes on FAANG Stocks Ahead of Earnings; JPMorgan Says ‘Buy'
Between the ongoing corona crisis and the upcoming elections, the markets are plagued by uncertainty - the one thing that really gets investors worried. Uncertainty puts a cloud over the market's likely course, making it difficult to find the stocks that will bring in returns.Fortunately, there are some trends that are somewhat immune to this uncertainty. Just 20 years ago, these would not have moved the needle; their niches were young, just beginning their long march through our society and culture, but today Big Tech has become one of the market's sure things.There is no tech bigger than the FAANG stocks. This group - Facebook, Apple, Amazon, Netflix, and Google - offers the tech we have come to want, whether it is hardware or online. Facebook invented today's social media; Apple brings us the device innovations that have boosted mobile; Amazon has redefined online commerce. Netflix and Google have each made their own contributions, in video streaming and web search and advertising.The FAANGs have generated investors interest and media buzz, and they have also gotten attention from some of Wall Street's top analysts. Writing from investment firm JPMorgan, two analysts, both in the top 10% of the Street's stock experts, have weighed in on three members of the FAANG group - and recommend them as buys. Let's take a closer look.Facebook, Inc. (FB)Facebook has powered its growth through ad revenue, leveraging its massive user base - over 2.7 billion worldwide, or 35% of the global population - along with its

Yahoo BusinessOct 29, 2020
Jim Cramer Shares Thoughts On Big Tech Amid Huge Earnings Day
On Thursday morning, Jim Cramer shared his thoughts on big tech and the potential impact of some of their upcoming earnings.Cramer on Facebook: While appearing on "Squawk on the Street," Cramer discussed Facebook Inc (NASDAQ: FB) and Pinterest Inc (NYSE: PINS).He said if there was a Facebook boycott, "it will not take a day's worth of earnings off Zuckerberg."He also went on to say Pinterest has "great verticals that are easy to advertise in," but Facebook's Small Shops initiative could take advantage of the same strength.Pinterest shares were up 30% following a big earnings beat on Wednesday afternoon.Cramer on Amazon: Cramer said Amazon.com, Inc. (NASDAQ: AMZN) "will be able to tell a fantastic holiday story" because of Dr. Anthony Fauci's comments about the virus.Cramer on Alphabet: Contrary to what he said about Amazon, Cramer said Alphabet Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL) "has to worry about telling too good of a story."Cramer was referring to how the company has recently been under fire in Washington for anti-trust and Section 230 laws.Amazon, Alphabet and Facebook report earnings after Thursday's closing bell.See more from Benzinga * Click here for options trades from Benzinga * 17 Stocks Moving In Wednesday's After-Hours Session * Did The Section 230 Hearing Change Anything For Social Media?(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.


Google Business NewsOct 29, 2020
Dow Jones Slides 200 Points Despite Strong GDP Data; Apple Earnings Due, Pinterest Skyrockets 39% - Investor's Business Daily
Dow Jones Slides 200 Points Despite Strong GDP Data; Apple Earnings Due, Pinterest Skyrockets 39%  Investor's Business DailyDow rises 150 points as Big Tech gains ahead of earnings, GDP data tops expectations  CNBCS&P 500 Tumbles in Worst Stock Rout Since June Amid More Virus Shutdowns  Bloomberg QuickTake: NowStocks sell off sharply as coronavirus cases soar  CNNDow futures rise 100 points as Wall Street tries to recover from the worst sell-off in months  msnNOW

Google Business NewsOct 29, 2020
Dow Jones Up 350 Points As Market Rebounds; Apple, Amazon Earnings On Tap - Investor's Business Daily
Dow Jones Up 350 Points As Market Rebounds; Apple, Amazon Earnings On Tap  Investor's Business DailyS&P 500 Tumbles in Worst Stock Rout Since June Amid More Virus Shutdowns  Bloomberg QuickTake: NowDow jumps 300 points as stocks rebound from worst sell-off in months, tech leads comeback  CNBCWall Street recovers on Big Tech gains, upbeat economic data  Investing.comS&P 500, Nasdaq rise after upbeat economic data  CNAView Full Co
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