Morgan Stanley notes recent news reports suggest both President Biden and President-elect Trump are interested in extending the upcoming

Amazon.com (NASDAQ:AMZN) had its target price hoisted by research analysts at Morgan Stanley from $230.00 to $280.00 in a research report issued on Monday,Benzinga reports. The brokerage presently has an “overweight” rating on the e-commerce giant’s stock.

Morgan Stanley analyst Brian Nowak maintained a Buy rating on Amazon (AMZN – Research Report) today and set a price target of $280.00.Stay

Morgan Stanley raised the firm’s price target on Compass (COMP) to $6 from $5.75 and keeps an Equal Weight rating on the shares. The firm sees GPU enabled and GenAI tool adoption driving fundamental upside and outperformance among the North American Internet group.

Morgan Stanley lowered the firm’s price target on Playtika (PLTK) to $8 from $8.50 and keeps an Equal Weight rating on the shares. The firm sees GPU enabled and GenAI tool adoption driving fundamental upside and outperformance among the North American Internet group.

Morgan Stanley raised the firm’s price target on Instacart (CART) to $44 from $41 and keeps an Equal Weight rating on the shares. The firm sees GPU enabled and GenAI tool adoption driving fundamental upside and outperformance among the North American Internet group.

Stocks closed sharply higher Friday, sending the S&P 500 and Dow Jones Industrial Average to their biggest weekly gains since the week of the November presidential election.

While Jeff Bezos has spent $14 billion to achieve his first space launch, his billionaire rival has built a thriving business, mostly with other people’s money.

Shares of an exchange-traded fund that holds Big Tech stocks was falling Thursday, as Tesla Inc. and Apple Inc. posted sharp losses in late morning trade. The Roundhill Magnificent Seven ETF was down 0.

In addition to donating millions to Trump’s inauguration, many company heads are adopting the President-elect’s hard-edged, even vindictive vibe in announcing changes in their business.

There will be many moving parts for the U.S. economy and for financial markets as the second Trump administration makes its mark on regulation and trade policies. One of Trump's consistent opinions has been that a weaker dollar is good for the U.S. economy because it can boost exports.

New York developers are planning to build the US's most expensive skyscraper at 175 Park Avenue — but it won't be easy.