– Morgan Stanley raised its price target for Amazon to $2,800 from $2,600, saying it expects faster forward growth for Amazon even if overall consumer spending weakens. The firm has raised earnings estimates for Amazon while maintaining an "overweight" rating. – Zynga announced the acquisition of Turkey-based mobile game producer Peak for $1.8 billion in cash and stock.
Peak is the maker of the popular Toy Blast and Toon Blast mobile games. Separately, Zynga raised guidance for the current quarter and full year, not including any possible contribution from the Peak deal. – The Brazilian jet maker reported a quarterly loss of 57 cents per share, wider than the 33 cents a share loss anticipated by analysts.
Any person of any color that ever worked for minimum wage need reparations. People of all races suffer poverty.
Country on fire - 40 million plus on unemployment and 105,000 dead from coronavirus- but hey look, the super rich are getting richer (and the stock is doing numbers) 🤦♂️🤷♂️
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