Per the Dow Jones, S&P Global is in advanced talks to acquire IHS Markit for about $44 billion. The deal will bring Wall Street's two of the largest data providers under one roof.
Amazon crashes post Q1 earnings on rising expenses caused by the coronavirus outbreak. What should you do with Amazon-heavy ETFs?
Ahead of its Q1 earnings, a slew of analysts has raised their target price on the stock, citing that Amazon's online sales has been benefiting from the pandemic.
Amazon is set to release fourth-quarter 2019 results on Jan 30, after market close. Being a market leader in e-commerce, it is worth taking a look at the company's fundamentals ahead of its results.
The negative stock performance of AMZN might reverse given the positive earnings estimate revision trend, which is generally a precursor to an earnings beat, and attractive fundamentals.