Singapore Markets open in 2 hrs 11 mins

Amazon on the move, Papa John's surges, Walmart up slightly

Let’s check out the Yahoo Finance charts of the day.

Amazon (AMZN): Shares are up in early trade, at around 1%. Noting strong growth prospects, Canaccord Genuity raised Amazon’s price target to $2,000 per share. Among the “FANG” stocks, the firm calls Amazon “the most robust and durable,” although it notes that the “FANG” stocks are trading at a multiple that’s low by historical standards but high compared to the past eight years.

Papa John’s (PZZA): Shares up here around 10.5%. The founder of the pizza restaurant chain, John Schnatter, resigned from his position as a chairman of the board of directors, just hours after he apologized for using a racial slur during a company conference call in May of this year. The company said it plans on replacing him in the coming weeks.

Walmart (WMT): Shares up here, at around .42%.  According to a report in Japan’s Nikkei business daily, Walmart has decided to sell Japanese supermarket chain Seiyu and has already approached major retailers and private equity funds.

For more on today’s big stock movers check out the Final Round, live at 3:55 p.m. ET, right here on Yahoo Finance.

  • Finance
    Associated Press

    AP Top Extended Financial Headlines at 6:30 p.m. EDT

    US stocks make their second-biggest gain this year as strong earnings and economic data help the market claw back some of its recent losses

  • US to enter trade talks with Japan, European Union, Britain
    Finance
    Associated Press

    US to enter trade talks with Japan, European Union, Britain

    The Trump administration notified Congress on Tuesday that it plans to pursue trade agreements with the European Union, Japan and Britain. The announcement comes two weeks after the administration reached a deal with Canada and Mexico to rewrite the North American Free Trade Agreement. Late last month

  • Bank of America's Moynihan on the impact of technology
    Finance
    CNBC

    Bank of America's Moynihan on the impact of technology

    Bank of America CEO Brian Moynihan discusses the impact of technology on headcount and customer behavior during a Net-Net discussion at the New York Stock Exchange.

  • Finance
    Reuters

    BHP’s first quarter iron-ore output jumps 8 percent, cuts copper guidance

    BHP trimmed its 2019 copper production forecast by about 3 percent to a range of 1.62 million tonnes to 1.71 million tonnes, citing reduced production at its Spence and Olympic Dam mines in Chile and Australia, respectively. The Olympic Dam mine was closed for repairs and is expected to resume operations

  • Intel's Latest Modem Gets Smaller
    Finance
    Motley Fool

    Intel's Latest Modem Gets Smaller

    A move to a more advanced manufacturing tech allowed Intel to put more features into a smaller chip.

  • Wall Street's 'dean of valuation' says pot stocks are too pricey
    Finance
    CNBC

    Wall Street's 'dean of valuation' says pot stocks are too pricey

    While shares of marijuana companies may be reaching sky-high valuations, Aswath Damodaran believes "the numbers are not there" to invest confidently just yet. From his point of view, no pot stocks have provided "compelling enough stories" that make them worth buying at such high valuations

  • How Cadre Plans to Disrupt Commercial Real Estate
    News
    Bloomberg Videos

    How Cadre Plans to Disrupt Commercial Real Estate

    Oct.16 -- Ryan Williams, Cadre chief executive officer and co-founder, discusses the future of real estate with Bloomberg's Caroline Hyde and Scarlet Fu from the Sooner Than You Think Conference on "Bloomberg Markets: The Close."

  • Sears' bankruptcy will have ripple effect, not all of it bad
    Finance
    Associated Press

    Sears' bankruptcy will have ripple effect, not all of it bad

    Sears' Chapter 11 bankruptcy filing will have ripple effects on everything from landlords to suppliers to workers. Many vendors, which had already enforced stricter payment terms on Sears, are refusing to ship merchandise to stores. The company will further shrink its workforce, which has already

  • With New Exchange Listings and Demand, New Stablecoins See Pegs Broken
    Finance
    Bitcoin Magazine

    With New Exchange Listings and Demand, New Stablecoins See Pegs Broken

    Fresh on the market, the industry’s newest batch of stablecoins is having trouble striking a price balance.Amidst news of listings on Huobi and OKEx, two of the industry’s largest exchanges, TrueUSD (TUSD), Gemini USD (GUSD), the Paxos Standard (PAX) and Circle’s USD Coin (USDC) have all risen well above

  • Finance
    CNBC

    Cramer: As long as the Fed doesn't keep pushing rate hikes, stocks can keep rallying

    Jim Cramer explains what led the market to soar on Tuesday after days of selling and says the strength can last if the Fed behaves accordingly.

  • Battle brewing over TV drug ads
    Finance
    CNBC

    Battle brewing over TV drug ads

    Will drug ads dry up under the new Trump regulations? With CNBC's Meg Tirrell and Melissa Lee, and the Fast Money traders, Tim Seymour, Karen Finerman, Steve Grasso and Guy Adami.

  • Finance
    Associated Press

    US tops revised competiveness ranking for 1st time since '08

    Organizers of the annual Davos conference ranked the United States first in their ranking of the world's most competitive economies for the first time in a decade Wednesday, saying the No. 1 spot reflects a new methodology and long-term factors more than recent policies of the Trump administration

  • Why IBM Missed Sales Estimates
    News
    Bloomberg Videos

    Why IBM Missed Sales Estimates

    Oct.16 -- International Business Machines Corp. missed analysts’ quarterly revenue estimates, ending a short-lived streak of sales gains and casting doubt on its strategy to boost growth through new businesses like cloud and artificial intelligence. Bloomberg Intelligence's Anurag Rana has more on

  • Netflix's 3Q subscriber growth gets rave reviews on Wall St.
    Finance
    Associated Press

    Netflix's 3Q subscriber growth gets rave reviews on Wall St.

    Netflix regained its stride with surprisingly strong subscriber growth in the third quarter, after an unexpected springtime stumble triggered fears that it was losing its allure. The video-streaming service added 7 million subscribers worldwide from July through September, far above the company'

  • Finance
    AFP

    US tops global competitiveness rating, despite 'worrying' trends: WEF

    The United States has the world's most competitive and innovative economy, a World Economic Forum ranking showed Wednesday, after a methodology shift helped unseat Switzerland after nearly a decade on top. The organisation that hosts the annual Davos pow-wow of business and political elites said

  • Bitcoin Price Analysis: Bitcoin Consolidation Forecasts $3,500 Move
    Finance
    Bitcoin Magazine

    Bitcoin Price Analysis: Bitcoin Consolidation Forecasts $3,500 Move

    A strong round of buys hit the market this weekend as unsubstantiated rumors began to circle surrounding Tether and Bitfinex’s potential insolvency. I won’t be going into the details surrounding the allegations because, like I said, they are nothing more than unsubstantiated rumors. However, the effects

  • Heated U.S. congressional races on pace to break fundraising records
    News
    Reuters

    Heated U.S. congressional races on pace to break fundraising records

    Candidates for the House of Representatives have collectively raised $1.2 billion from January 2017 through the end of September, more than the inflation-adjusted $1 billion record set at this point in the 2010 election cycle, according to Federal Election Commission data. Senate candidates - who have

  • ARRIS' Ruckus Offers Financial Services to Reduce Costs
    Finance
    Zacks

    ARRIS' Ruckus Offers Financial Services to Reduce Costs

    ARRIS' (ARRS) Ruckus Networks' flexible financial solution has been designed to alleviate network operators' burden of heavy upfront CAPEX requirement.

  • Pot stocks too pricey, says 'dean of valuation'
    Finance
    CNBC

    Pot stocks too pricey, says 'dean of valuation'

    Aswath Damodaran, NYU Stern School of Business, on the impact of the Canadian marijuana legalization event. With CNBC's Aditi Roy and Melissa Lee, and the Fast Money traders, Tim Seymour, Karen Finerman, Steve Grasso and Guy Adami.

  • Trump escalates his attacks on Fed: 'My biggest threat'
    Finance
    Associated Press

    Trump escalates his attacks on Fed: 'My biggest threat'

    Stepping up his attacks on the Federal Reserve, President Donald Trump declared Tuesday that the Fed is "my biggest threat" because he thinks it's raising interest rates too quickly. Trump said he doesn't speak with Chairman Jerome Powell because of the Fed's political independence

  • Britain falls to eighth place in WEF global competitiveness index
    Finance
    The Guardian

    Britain falls to eighth place in WEF global competitiveness index

    The WEF said Britain had slipped in the 2018 ranking due to a deterioration in domestic labour mobility. Britain has dropped two places to eighth in an influential global competitiveness index, with the risk of Brexit further damaging its international standing. The World Economic Forum (WEF), which

  • United Financial (UBNK) Tops Q3 Earnings and Revenue Estimates
    Finance
    Zacks

    United Financial (UBNK) Tops Q3 Earnings and Revenue Estimates

    United Financial (UBNK) delivered earnings and revenue surprises of 6.67% and 0.84%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?

  • Finance
    Oilprice.com

    Saudi Arabia Calls The End Of Russia’s Oil Prowess

    Saudi Crown Prince Mohammed bin Salman suggested in a recent interview that Russia’s oil prowess could be coming to an end within the next two decades

  • UnitedHealth Group Incorporated (UNH) Q3 2018 Earnings Conference Call Transcript
    Finance
    Motley Fool

    UnitedHealth Group Incorporated (UNH) Q3 2018 Earnings Conference Call Transcript

    UNH earnings call for the period ending September 30, 2018.

  • Twilio to Boost Communication Platform with SendGrid Buyout
    Finance
    Zacks

    Twilio to Boost Communication Platform with SendGrid Buyout

    Twilio's (TWLO) customer engagement initiatives are expected to get further boost from the integration of SendGrid's automated email services.