Latest news with #Oppenheimer
Yahoo
6 hours ago
- Business
- Yahoo
Turkish Airlines considers minority stake in Air Europa
-- Turkish Airlines is looking into making a bid for a minority stake in Spanish carrier Air Europa, joining other major airlines interested in the deal. According to a Reuters report on Friday, binding bids for the stake are due by early July. Air Europa, owned by the Hidalgo family's Globalia holding company, has attracted attention from several major carriers. Air France KLM (OTC:AFLYY) and Lufthansa are also in discussions about purchasing a stake in the Spanish airline. Turkish Airlines currently has a codeshare agreement with Air Europa, which generates more than 25% of its revenue from European operations. Related articles Turkish Airlines considers minority stake in Air Europa Amazon stock: Oppenheimer sees upside, raises estimates on better trade outlook Chip equipment stocks fall after US plans to revoke China waivers Sign in to access your portfolio
Yahoo
6 hours ago
- Business
- Yahoo
Amazon stock: Oppenheimer sees upside, raises estimates on better trade outlook
-- Oppenheimer lifted its price target for Amazon (NASDAQ:AMZN) to $250 from $215 in a note Friday, maintaining an Outperform rating on the stock based on improving trade conditions and stronger-than-expected margins. "We are increasing margins on lower trade costs," the analysts wrote, keeping a largely unchanged revenue outlook. The firm highlighted Amazon's continued outperformance in e-commerce relative to the broader retail sector. 'E-commerce continues to outperform vs. overall retail, with QTD non-store retailers +3.7% y/y vs. retail ex. Motor, Parts & Gas +2.7%,' the note said. Oppenheimer also raised its gross margin estimates for Amazon's e-commerce segment by 562 basis points for fiscal year 2025 and 187 basis points for 2026, reaching 9.1% and 10.5%, respectively. Consolidated EBIT margin estimates were also increased by 91 basis points in 2025 and 90 basis points in 2026, now forecast at 11.4% and 12.8%. The analysts left AWS estimates unchanged but reiterated expectations for a gradual acceleration in the second half of the year 'as capacity becomes available.' In addition, the firm pointed to an internal memo from CEO Andy Jassy outlining plans to leverage artificial intelligence to control long-term headcount growth. Valuation assumptions include 9.5x 2026 estimated AWS revenue, 5.0x 2026 e-commerce gross profit, and 23x 2026 estimated EBIT. With Amazon's improved margin profile and a favorable trade backdrop, Oppenheimer now sees the company's profitability closer to consensus expectations, supporting its upgraded target. Related articles Amazon stock: Oppenheimer sees upside, raises estimates on better trade outlook QXO won't participate in bidding war for GMS - source Reddit in talks to use Sam Altman's World ID for user verification - Semafor
Extra.ie
17 hours ago
- Entertainment
- Extra.ie
All the Lions hype can be a bit nauseating, but the global game needs a competitive series
It's easy to be cynical about the British and Irish Lions. The whole concept gets hyped up more than a Christopher Nolan movie. You'll hear plenty about 'immortality',' legends' and 'legacy' in the coming weeks. All of it playing out against a background of an epic orchestral soundtrack which belongs in something like Gladiator or Oppenheimer. It can all veer into hysteric at times. And some of the grandiose statements about the Lions can jar a bit, too. Pic: INPHO/Billy Stickland Yes, it's a long tradition but, make no mistake, this is a brand as well. It's a business venture which is worth a lot of coin. Why else did Warren Gatland's squad depart for South Africa without their famed 'Red Army' in the midst of the Covid pandemic in 2021? It's worth stating that summer series is officially known as the Qatar Airways men's Lions tour of Australia. There are twice as many fans heading for Oz this time around compared to the last tour 12 years ago. Yes, the Lions is a time-honoured tradition but it's also a corporate beast. Again, it's easy to scrutinise up the Lions in the professional era and roll the eyes. Pic: INPHO/Dan Sheridan However, this latest campaign feels a bit different already. It's early days, but we've sensed a slight chance in the vibe around the Lions. There is clearly a buzz in the camp and you could sense that all week from the players and coaches – including Johnny Sexton – who were sent out to speak to the sizeable media presence which has descended on the capital. There is the sense that the Andy Farrell is hoping to bring a bit of old-school back to the Lions. There have been some positive developments on that front. Earlier this week, the Lions media team released the 'Ultimate Test' on Youtube, a behind-the-scenes series which will be released weekly throughout the six-week tour of Australia. Pic: Brian Lawless/PA Wire In terms of raw insight and genuine fly-on-the-wall access, it was hugely encouraging. It was miles away from the bland and ill-fated two-season Six Nations offering on Netflix. If this is a sign of things to come, we could be potentially see the best Lions documentary since the iconic 1997 series chronically the series win in South Africa. A bit of drama and jeopardy would be most welcome on that front. The hosts need to hold up their end of their bargain. The Wallabies – and their Super Rugby sides – were being written off as cannon fodder for most of this current Lions cycle, especially when Eddie Jones was sacked after a disastrous 10-month reign. Joe Schmidt arrived at the 11th hour and the former Leinster and Ireland boss has galvanised the entire operation. The likes of Queensland, the Waratahs and ACT Brumbies have upped their game. Australia are not the near the same class as the Springboks or All Blacks at the moment. But they have more then enough talent to make this series interesting. Everyone involved in the professional game in Australia is acutely aware that this Lions tour is a glorious opportunity to recapture past glories. Rugby union has fallen away behind the likes of AFL and rugby league in the public consciousness. The Aussies are a sport-obsessed nation but rugby union has fallen on hard times. If they can mount a competitive case, or win the series outright, it would have a huge effect on the health of the game across the country. There is also the small matter of a home World Cup in 2027. The Wallabies need to strike while the iron is hot this summer. In truth, every single stakeholder in the game needs this Lions tour to be a success. The professional game is a delicate ecosystem at the moment. Rugby is the sporting equivalent of the Great Barrier Reef at the moment. Professional clubs across the globe are going bust. Big unions such as Wales are struggling to make ends meet. For all the chat about rugby expanding to new markets, breakaway competition and World club competitions, it is paramount that the key nations remains strong. Rugby needs a strong Australian team. There are high hopes that Schmidt's troops can match this potent Lions squad across three compelling weekends. In Joseph-Aukuso Suaali, the 21-year-old rugby league convert who has taken the game by storm, the Wallabies have an attacking weapon which can blow this whole series wide open. Schmidt, as his way, will have every base covered. The Kiwi will have a plan. Again, it all bodes well for a gripping spectacle once this tour gets going. For now, it's about getting the show on the road at Aviva Stadium this evening. This is an early opportunity for this matchday squad to lay down some early selection markers. The sizeable Leinster contingent who only arrived into camp on Monday will already be playing catch-up and Farrell welcomed this development earlier this week. The Lions boss wants every single player to feel the pressure. No doubt, Dan Sheehan, Andrew Porter, James Ryan, Josh van der Flier and Garry Ringrose – amongst other Leinster frontliners – will get their chance to impress against Western Force, Queensland Reds and New South Wales Waratahs in the coming weeks. Right now, this English-heavy selection have a great opportunity to stake a claim for Test spots. Ellis Genge, Ben Earl, Alex Mitchell and Fin Smith could all be set for bit tours. Porter, Jack Conan, Jamison Gibson-Park and Finn Russell are all supposedly ahead in the pecking order but things can change quickly on a Lions tour. A compelling performance against a youthful and fired-up Pumas side will generate plenty of momentum ahead of the long-haul flight to Perth this weekend. No doubt, plenty of big names will be awkwardly shuffling in their seats if the Lions put on a bit of a show in Dublin. Then again, a repeat of the shaky showing against the same opposition back in 2005 – when a late Jonny Wilkinson penalty secured a late draw – will send alarm bells throughout the squad. That dour performance in Cardiff 20 years ago was a grim omen of what was to come in New Zealand. No pressure tonight, lads. The hype machine is cranking up and once Sky Sports began to flex their broadcasting muscles, Lions-mania will be in full flow. It can all be a nauseating but it's best not to fight it. The Lions, at its core, is a bit of fun. An old-school summer tour against a formidable fore on foreign land. And series wines are nothing to be sniffed at. It's worth remembering that the tourists have been victorious on just two occasions since the game went pro: 1997 and 2013 are the sole triumphs since the amateur days concluded 30 years ago. This could be the most enjoyable and captivating tour in a long time. What's not to like about that?
Business Insider
18 hours ago
- Business
- Business Insider
Oppenheimer sees limited near-term impact from Gilead HIV approval
Oppenheimer says that while the firm generally agrees with consensus that Yeztugo 'has multi-blockbuster potential,' its model assumes a slow ramp that initially cannibalizes Descvoy's market share. The injectable Apretude has had a sluggish launch, but Yeztugo is different in requiring only two clinic visits a year, the analyst tells investors in a research note. Opco believes a negative Supreme Court decision in Kennedy versus Braidwood 'would most certainly create near-term headwinds.' Given the current political environment, adoption into more commercially mainstream markets will be needed to realize Yeztugo's full potential, contends the firm. It reiterates an Outperform rating on Gilead (GILD) with a $125 price target Confident Investing Starts Here:
New Straits Times
a day ago
- Entertainment
- New Straits Times
#SHOWBIZ: 'The Matrix is everywhere': cinema bets on immersion
IN a Los Angeles theatre, a trench coat-wearing Neo bends backwards to dodge bullets that spiral over the viewer's head, as the sound of gunfire erupts from everywhere. This new immersive experience is designed to be a red pill moment that will get film fans off their couches at a time when the movie industry is desperate to bring back audiences. Cosm, which has venues in Los Angeles and Dallas, is launching its dome-style screen and 3D sets in June with a "shared reality" version of 'The Matrix', the cult 1999 film starring Keanu Reeves as a man who suddenly learns his world is a fiction. "We believe the future will be more immersive and more experiential," said Cosm president Jeb Terry at a recent preview screening. "It's trying to create an additive, a new experience, ideally non-cannibalistic, so that the industry can continue to thrive across all formats." Cinema audiences were already dwindling when the Covid-19 pandemic broke out, shuttering theatres at a time when streaming was exploding. With ever bigger and better TVs available for the home, the challenge for theater owners is to offer something that movie buffs cannot get in their living room. Prestige projects like Tom Cruise's 'Mission: Impossible — The Final Reckoning' or Christopher Nolan's Oscar-winning 'Oppenheimer' increasingly opt for the huge screens and superior film quality of IMAX. But Cosm and other projects like it want to go one step further, collaborating with designers who have worked with Cirque du Soleil to create an environment in which the viewer feels like they are inside the film. For filmmakers, it's all about how you place the cameras and where you capture the sound, said Jay Rinsky, founder of Little Cinema, a creative studio specializing in immersive experiences. "We create sets like the Parisian opera, let the movie be the singer, follow the tone, highlight the emotions... through light, through production design, through 3D environments," he said. The approach, he said, felt particularly well suited to 'The Matrix', which he called "a masterpiece of cinema, but done as a rectangle". For the uninitiated: Reeves' Neo is a computer hacker who starts poking around in a life that doesn't quite seem to fit. A mysterious Laurence Fishburne offers him a blue pill that will leave him where he is, or a red pill that will show him he is a slave whose body is being farmed by AI machines while his conscious lives in a computer simulation. There follows much gunfire, lots of martial arts and some mysticism, along with a romance between Neo and Trinity, played by the leather-clad Carrie-Anne Moss. 'The Matrix' in shared reality kicks off with a choice of cocktails — blue or red, of course — which are consumed as the audience sits surrounded by high-definition screens. Shifting perspectives place the viewer inside Neo's office cubicle, or seemingly in peril. "They're sometimes inside the character's head," said Rinsky. "The world changes as you look up and down for trucks coming at you." The result impressed those who were at the preview screening.
