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Tag: amazon

Big layoffs at Amazon, big implications for Seattle’s economy

The ax is falling on Amazon corporate offices. The Seattle-based retail giant confirmed it will cut approximately 14, 000 corporate jobs, and employees will begin receiving layoff notices starting Tuesday, Amazon announced. It’s unclear how many of those jobs will be lost in Washington state. Puget Sound Business Journal reporter Nick Pasion, who covers big tech, says the Amazon workers he’s talked to report that their managers are being tight-lipped, but “They are feeling a palpable sense of fear within the company, just concerned that they might be impacted. Some of their friends might be impacted.” And that’s not a baseless.

KeyBanc Cuts Charter Communications (CHTR) PT, Keeps Overweight Rating

Charter Communications, Inc. (NASDAQ: CHTR) is one of the 11 Dirt Cheap Stocks to Buy According to Analysts. On October 3, KeyBanc Capital Markets lowered its price target on Charter Communications, Inc. (NASDAQ: CHTR) from $500 to $430 and kept an Overweight rating. KeyBanc expects Charter Communications, Inc. (NASDAQ: CHTR) to have weaker broadband subscriber numbers in Q3 [.].

Noble Financial Remains Bullish on CoreCivic (CXW)

CoreCivic, Inc. (NYSE: CXW) is one of the best small cap stocks with the highest upside. CoreCivic, Inc. (NYSE: CXW) reported on October 2 that it will announce its fiscal Q3 2025 results on November 5, after the market closes. Ahead of earnings, Noble Financial analyst Joe Gomes reiterated a bullish stance on CoreCivic, Inc. (NYSE: CXW) on [.].