1. taking up estimates across the board: “We revise our 2019-2021 revenue/adj. EBITDA estimates +4% / -5% per year on average to reflect the net impact of accelerating growth driven by global one-day Prime delivery investments and revised expectations for growth and margin at AWS”

2. “With revenue growth accelerating, we continue to believe AMZN…[Read more]

Goldman: We maintain our Buy rating (on CL), and raise our 12-month price target from $1,350 to $1,400. At ~$1,225 in the aftermarket, GOOGL trades at 26x and 23x our CY19 and CY20 EPS estimates of $46.61 and $52.91 versus our prior forecasts of $44.72 and $52.17.

JPM: Revenue Trajectory Restored at 20%+ w/Incremental Disclosures & Bigger…[Read more]

“We came away encouraged by the improved
quantity and quality of business disclosures after countless quarters of being dissatisfied by the magnitude of business insights gained from the calls. Hopefully this
trend continues.”

Bernstein analyst is out making the case that NFLX Q2 was a blip in the LT growth trajectory as opposed to something more structural.

1. sub growth through double-digit price increase shows strength in absolute

2. churn is returning to pre-pricing levels

3. 2H guide is strong, and think Mgmt. is wise enough to not outline huge expectations for…[Read more]

MORGAN STANLEY: “.. low expectations for Sept. quarter suggesting a positive setup into earnings. We see multiple catalysts beyond earnings that make Apple a top pick into year end. Remain OW with updated $247 PT (from $231).” (Huberty)