SQUAWK/NEWS
Account
Theme
Account
Menu
Live News EQUITY FLASH L impact

Phillip Securities Upgrades Amazon to Buy, Citing Demand Visibility

Phillip Securities upgraded Amazon to Buy from Accumulate following its third-quarter results, according to The Fly. The broker cited demand visibility and Amazon’s positioning in artificial intelligence.

AMZN
SquawkNews Desk

Related stories

ECB Flags AI Valuations, Bond Stress and Fund Losses as Risks ECB Vice-President Boris Vujcic said high AI-stock valuations, bond-market stress and potential shadow-bank losses are current financial-stability risks. L impact | MACRO | Nov 02, 2026, 02:46 PM UTC Ryanair CEO Sees European Airfares Rising Up to 20% Next Year Ryanair’s CEO expects European plane ticket prices may climb as much as 20% next year, with jet fuel prices rising. L impact | EQUITY | Nov 02, 2026, 02:42 PM UTC Sigma Lithium Plans $100M Convertible Bond Due 2031 Sigma Lithium said proceeds are intended to repay its Synergy Capital secured debt in full, with the balance for growth capital expenditure and general corporate purposes. M impact | EQUITY | Nov 02, 2026, 02:42 PM UTC Sigma Lithium to Refinance Senior Debt and Extend Maturities to 2031 Sigma Lithium says net proceeds will refinance its senior secured debt in full with Synergy Capital and extend its debt maturity profile to 2031. L impact | EQUITY | Nov 02, 2026, 02:41 PM UTC IDBI Bank Employees Begin Two-Day Strike Over Planned Privatisation IDBI Bank employees began a two-day nationwide strike Monday against the planned privatisation and proposed sale to Fairfax Financial Holdings. More than 10,000 staff across over 2 L impact | EQUITY | Nov 02, 2026, 02:41 PM UTC Tempus AI shares rise 6.2% after Q3 profit M impact | EQUITY | Nov 02, 2026, 02:40 PM UTC