Latest news with #YoussefSquali
CNBC
5 days ago
- Business
- CNBC
Truist's Youssef Squali's bullish call on Waymo: It'll generate over $10 billion in revenue midterm
Youssef Squali, Truist head of internet and media, joins 'The Exchange' to discuss Alphabet's AI strength and tech's push into nuclear power.
Yahoo
25-05-2025
- Business
- Yahoo
Truist Reiterates Buy on Amazon.com (AMZN) as Q2 Revenue Tracks Ahead
We recently published a list of . In this article, we are going to take a look at where Inc. (NASDAQ:AMZN) stands against other AI stocks on Wall Street's radar. Inc. (NASDAQ:AMZN) is an American technology company offering e-commerce, cloud computing, and other services, including digital streaming and artificial intelligence solutions. On May 23, Youssef Squali from Truist Financial maintained a 'Buy' rating on the stock. The firm said it is sticking with the e-commerce giant. 'Halfway through 2Q25, Amazon NA [North America] revenue looks to be tracking ahead of consensus. Our analysis of the Truist Card Data (through 5/19) indicates that Amazon's QTD US Revenue for 2Q25 is tracking $1-2B ahead of consensus expectations of ~$97B, implying a healthy 8-9% Y/Y growth, which is in line with growth in 1Q25, reflecting no notable impact from macro concerns.' A customer entering an internet retail store, illustrating the convenience of online shopping. Analysts on Wall Street currently have a consensus 'Buy' rating on the stock. The average price target of $235 implies a 16.9% upside, however, the Street-high target of $288 implies an upside of 43.29%. Overall, AMZN ranks 1st on our list of AI stocks on Wall Street's radar. While we acknowledge the potential of AMZN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AMZN and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
25-05-2025
- Business
- Yahoo
Truist Reiterates Buy on Amazon.com (AMZN) as Q2 Revenue Tracks Ahead
We recently published a list of . In this article, we are going to take a look at where Inc. (NASDAQ:AMZN) stands against other AI stocks on Wall Street's radar. Inc. (NASDAQ:AMZN) is an American technology company offering e-commerce, cloud computing, and other services, including digital streaming and artificial intelligence solutions. On May 23, Youssef Squali from Truist Financial maintained a 'Buy' rating on the stock. The firm said it is sticking with the e-commerce giant. 'Halfway through 2Q25, Amazon NA [North America] revenue looks to be tracking ahead of consensus. Our analysis of the Truist Card Data (through 5/19) indicates that Amazon's QTD US Revenue for 2Q25 is tracking $1-2B ahead of consensus expectations of ~$97B, implying a healthy 8-9% Y/Y growth, which is in line with growth in 1Q25, reflecting no notable impact from macro concerns.' A customer entering an internet retail store, illustrating the convenience of online shopping. Analysts on Wall Street currently have a consensus 'Buy' rating on the stock. The average price target of $235 implies a 16.9% upside, however, the Street-high target of $288 implies an upside of 43.29%. Overall, AMZN ranks 1st on our list of AI stocks on Wall Street's radar. While we acknowledge the potential of AMZN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AMZN and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CNBC
28-04-2025
- Business
- CNBC
Truist upgrades Peloton stock, says 'the BS' has been cleaned up
Peloton is finally showing signs of sustained growth after an extended recovery, according to Truist. "Three years+ after we downgraded PTON to Hold from Buy, we believe the stock is finally nearing a point where the company's improving fundamentals should support a gradual recovery of its equity," analyst Youssef Squali wrote in a Monday note. Truist upgraded the fitness equipment stock to buy from hold, and reiterated its $11 per share price target. The firm's forecast calls for nearly 75% upside from Friday's $6.29 close. In premarket trading Monday, shares were up more than 5%. PTON YTD mountain Peloton stock in 2025. The stock was one of the pandemic-era darlings as consumers rushed to purchase Peloton bikes amid lockdown orders. It spent heavily to support the rapid growth only to have demand dry up, forcing CEO changes and layoffs as well as efforts to stave off a cash crunch . The company has producing back-to-back better-than-expected quarterly results in October 2024 and February 2025 . Peloton's fiscal second-quarter results earlier this year saw the company inch closer to profitability, and the analyst expects to see revenue growth return in fiscal 2026. "We believe the stock is finally nearing a point where the company's improving fundamentals should support a gradual recovery of its equity," Squali said. "With the BS cleaned up and [operating expenses] materially reduced to ensure sustained [free cash flow] profitability, we believe the new leadership is refocusing on revenue growth (in FY26, by our est.)." Peloton stock has slipped about 28% in 2025. Get Your Ticket to Pro LIVE Join us at the New York Stock Exchange! Uncertain markets? Gain an edge with CNBC Pro LIVE , an exclusive, inaugural event at the historic New York Stock Exchange. In today's dynamic financial landscape, access to expert insights is paramount. As a CNBC Pro subscriber, we invite you to join us for our first exclusive, in-person CNBC Pro LIVE event at the iconic NYSE on Thursday, June 12. Join interactive Pro clinics led by our Pros Carter Worth, Dan Niles and Dan Ives, with a special edition of Pro Talks with Tom Lee. You'll also get the opportunity to network with CNBC experts, talent and other Pro subscribers during an exciting cocktail hour on the legendary trading floor. Tickets are limited!
CNBC
25-04-2025
- Business
- CNBC
Waymo is a bright spot in the Google story, says Truist's Youssef Squali
Youssef Squali, Truist Global head of internet and media, joins 'Squawk on the Street' to discuss Alphabet post earnings.
