We’re raising our price target on Amazon by  after killer quarter

We’re raising our price target on Amazon by $50 after killer quarter

Shares of Amazon rose after the tech giant reported stronger-than-expected first-quarter results, driven by a continued acceleration of growth in its Amazon Web Services unit. Revenue increased 17% year over year to $181.52 billion, beating the consensus analyst estimate of $177.3 billion, according to LSEG data. Earnings per share based on generally accepted accounting principles…

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Berkshire Hathaway is on track to lag behind the S&P 500 in Buffett’s last year as CEO

Berkshire Hathaway is on track to lag behind the S&P 500 in Buffett’s last year as CEO

(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.) Just before Warren Buffett surprised shareholders in early May with his plan to step down as CEO at the end of the year, Berkshire Hathaway’s B…

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