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Why Piper Jaffray Analyst Mike Olson Thinks Amazon Shares Are Headed for $3,000

May.24 — Mike Olson, Piper Jaffray senior research analyst, explains why he thinks Amazon.com Inc. shares are headed for $3,000. He speaks with Bloomberg’s Romaine Bostick and Scarlet Fu on “Bloomberg Markets: The Close.”

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May.24 — Mike Olson, Piper Jaffray senior research analyst, explains why he thinks Amazon.com Inc. shares are headed for $3,000. He speaks with Bloomberg’s Romaine Bostick and Scarlet Fu on “Bloomberg Markets: The Close.”

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6 Comments

6 Comments

  1. Harry Chu

    May 27, 2019 at 2:24 am

    No company is worth a valuation of $1.5 trillion.

    • Timothy Rudy

      May 27, 2019 at 5:53 am

      Stocks are worth whatever investors will pay for them.

    • AByte User

      May 27, 2019 at 3:13 pm

      Saudi Aramco valuation is at $2 Trillion just for the shares going IPO

  2. Chris Chris

    May 27, 2019 at 9:25 am

    Amazon is over priced… shouldn’t be worth more then $1,200 really

    • lotto

      May 27, 2019 at 3:31 pm

      Thats what your broke bum probably said when it was at $200.

  3. Chris Sullivan

    May 28, 2019 at 10:40 am

    Because, they don’t know how tariffs work?

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Bloomberg Technology

Has the AI Rally Gone Too Far, Too Fast?

Fiona Yang, Invesco Fund Manager for Asia ex-Japan Equities, says the AI trade isn’t over but parts of the market have become stretched. She discussed the market dynamics around the tech trade with Bloomberg’s Haslinda Amin and Avril Hong on Insight. ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest…

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Fiona Yang, Invesco Fund Manager for Asia ex-Japan Equities, says the AI trade isn’t over but parts of the market have become stretched. She discussed the market dynamics around the tech trade with Bloomberg’s Haslinda Amin and Avril Hong on Insight.
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Microsoft’s Xbox to Cut 3,200 Jobs, Divest Studios in Overhaul

Microsoft Corp.’s Xbox plans to eliminate 3,200 jobs, or around 20% of its staff over the next year, as part of a massive reorganization to spur growth in the struggling gaming division. Xbox will also divest four of its video-game development studios and is beginning the process to part ways with a fifth. “Our business today is not…

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Microsoft Corp.’s Xbox plans to eliminate 3,200 jobs, or around 20% of its staff over the next year, as part of a massive reorganization to spur growth in the struggling gaming division. Xbox will also divest four of its video-game development studios and is beginning the process to part ways with a fifth.
“Our business today is not healthy,” Chief Executive Officer Asha Sharma wrote in a note to staff Monday morning, adding that Xbox is operating at margins three to 10 times lower than comparable businesses. “We must reset Xbox.”
Brody Ford, Bloomberg Technology Reporter, joined Bloomberg’s Paul Sweeney and Scarlet Fu to talk about Microsoft’s XBox layoffs.
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Chip Stocks Tumble on AI Anxiety as Oil Climbs

A selloff in chipmakers dragged down stocks on concerns over whether massive artificial-intelligence investments will justify lofty valuations. Julian Emanuel, Chief Equity & Quantitative Strategist at Evercore ISI, discusses his S&P 500 call amid recent volatility. ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and…

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A selloff in chipmakers dragged down stocks on concerns over whether massive artificial-intelligence investments will justify lofty valuations.
Julian Emanuel, Chief Equity & Quantitative Strategist at Evercore ISI, discusses his S&P 500 call amid recent volatility.
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