S&P 500 record close Friday is down to the wire — plus, Amazon is more than just cloud
Every day during the week, Jim Crammer and CNBC Investment Club released Homestretch, a processable afternoon update at the last hour of trade at Wall Street. Markets: Wall Street lost some steam in the afternoon on Friday, because AI trade Bellwether Nvidia gave up previous earnings and returned negatively. Tesla, another momentum stock, fell by 3% after opening the day in Green. S&P 500, which is half percent of the session heights, increased by about 0.1% from 14:40 et. There will be a close call as to whether the index is closed with a new record. 30 Stock Dow, the club name Goldman Sachs, Caterpillar and Unitedhealth’s shares with more than 1% advance, with the main indices performed better. Nike, Nvidia and Boeing – All portfolio names – Dow Laggards. Investors and traders watch the expenditure invoices in Washington on the closure of the government entering the third day on Friday. The general consensus in the Wall Street is that short -lived closure does not have a long -term economic impact, which results in a limited market effect. But the longer it takes, the greater the bets for economy and Wall Street. AWS Defense: On Friday, Goldman Sachs increased its price target in Amazon from $ 240 to $ 275 and reversed 23% of the previous closing. Repeating the purchasing note, Goldman touched upon an important investor debate: Can Amazon web Services, Microsoft, Google, Oracle and Coreweave, including small players, revive growth as cloud -calculating competitors? “There was a lot of decline conversations about what happened with AWS.” He said. “Maybe they don’t spend enough, they do their own chips, and therefore they don’t keep up with others,” Jim said, summarizing the discussion. Goldman admitted that AWS’s loss of market share will continue against competitors against the larger income base. However, analysts expressed confidence in the enterprise, including a belief that AWS could return to high -level growth in the north of the AWS. According to FactSet data, the growth rate exceeded 20% in the fourth quarter of 2022. In the last two quarters of Amazon, AWS revenue increased by 17.5% and 16.9%, respectively. While filed for a Reacceleration, Goldman increased AWS’s accumulated labor force, AI services income, and in the second half of 2025 and at the beginning of 2026, AI Startup anthropic showed ease of calculation capacity restrictions. Goldman also focused on high -margin AWS in recent months, argued that investors could ignore the importance of Amazon’s advertising business until 2028. This echoed with Jim: “I love it before the holiday season,” he said. Goldman estimates that Amazon’s advertising profits will represent the “highest margin in Amazon’s main segments” in the coming years. We continue to maintain our stock and $ 250 price target. Next: In the next week, investors will closely follow the closure of the government that affects the release of official government economic data. There are no club holdings to report the earnings, but in addition to the portfolio, Delta Air Lines, Pepsico and Levi Strauss, including some important companies are included in the document. On Tuesday, the club organizes the October month meeting. (See here for the full list of Jim Cramer’s philanthropist’s confidence in the charitable trust. Jim is waiting for 45 minutes after sending a trade warning before buying or selling a share in the portfolio of charitable confidence. If Jim talked about a stock on CNBC TV, he’s waiting for 72 hours after trading warning before trading. The above investment club information is subject to our conditions and conditions and our Privacy Policy with the waiver. There is no confidence or duty or not, as you receive any information provided in connection with the Investment Club. A specific result or profit is not guaranteed.
