Short interest for Global X Conscious Companies ETF gives investors a sense of the degree to which investors are betting on the decline of Global X Conscious Companies ETF's stock. Short interest data is updated every two weeks.

Global X Conscious Companies ETF (NASDAQ:KRMA), Short Interest Report

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GEHC

GE HealthCare Announces Launch Of Its Revolution RT CT Solution

Wedbush analyst Scott Devitt reiterates Amazon.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) with a Outperform and maintains $225 price target.

Price Target

Reiteration

Analyst Ratings

AMZN

Wedbush Reiterates Outperform on Amazon.com, Maintains $225 Price Target

UnitedHealth CEP Tells Senate Committee Military Personnel Have Had Their Data Stolen In Change Hack

Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) reported Q1 revenue of $143.3 billion, up 13% year-over-year, beating estimates. Earnings per share were 98 cents, recording a 25.64% surprise on the <a href="https://www.benzinga.com/quote/AMZN/earnings">consensus of 82 cents.</a>
The earnings beat was propelled by robust performance in AWS and its international business. AWS revenue growth surged to 17%, marking a significant acceleration.
CEO Andy Jassy noted a strong start to the year, attributing it to customer experience improvements and financial results. He also mentioned that AWS&#8217;s growth rate is reaccelerating, with AWS now being a $100-billion annual revenue run rate business.
Related: <a href="https://www.benzinga.com/news/earnings/24/04/38534302/amazon-q1-earnings-highlights-revenue-beat-eps-beat-aws-hits-100-billion-annual-run-rate-and-more">Amazon Q1 Earnings Highlights: Revenue Beat, EPS Beat, AWS Hits $100-Billion Annual Run Rate And More</a>
<h2 class="wp-block-heading">The Amazon Analyst</h2>
JPMorgan analyst Doug Anmuth maintains an Overweight rating on Amazon stock. He raised his price target for Amazon stock from $225 to $240. This target is based on about 28 times the estimated 2025 free cash flow (FCF) of $86 billion, which equates to around 21 times the estimated 2026 FCF of $108 billion.
<h2 class="wp-block-heading">The Amazon Thesis</h2>
Anmuth is doubling down on Amazon as he sees strong profit potential ahead, driven by accelerated growth in AWS and increasing demand <a href="https://www.benzinga.com/news/24/04/38322252/amazon-analyst-predicts-lead-in-ai-revolution-with-strategic-cost-efficiency-and-tech-innovations">for GenAI services</a>. 
Following Amazon&#8217;s Q1 earnings report, Anmuth is particularly optimistic about the company&#8217;s ability to expand its margins in both retail and cloud services.
<h3 class="wp-block-heading">Bullish On Capex Spends &amp; Retail Margin Expansion</h3>
Despite plans to increase capital expenditures by 35% to $65 billion in 2024, Amazon aims to balance investments with improving operating margins. Anmuth believes that Amazon&#8217;s scale and strong cash flow position allow for meaningful investments while expanding margins simultaneously. &#8220;There is healthy room for profitability improvement,&#8221; he said.
Anmuth notes that Amazon&#8217;s retail segment, excluding AWS, exhibited solid growth of 11.8% in Q1. He noted that the company &#8220;remains bullish on Retail margin expansion&#8221; pointing to 3 key drivers of efficiency:
<ol>
<li>improvements to inbound shipping</li>
<li>inventory placement</li>
<li>increased automation</li>
</ol>
The company also expects Prime Video to become a profitable business on its own.
<h3 class="wp-block-heading">GenAI Momentum To Lead To A Multi-Billion-Dollar Run Rate</h3>
AWS revenue growth accelerated in Q1, driven by increasing demand for cloud services and GenAI offerings. Going forward, Anmuth says, &#8220;AWS will meaningfully ramp AWS capex to capitalize on strong GenAI momentum.&#8221; He pointed to tech infrastructure, datacenter capacity/power, silicon supply, networking equipment, and servers as key focus areas for this additional capex deployment.
Anmuth also estimates that GenAI services alone represent a &#8220;multi-billion-dollar revenue run-rate,&#8221; indicating a significant revenue potential for Amazon.
JPMorgan&#8217;s bullish outlook on Amazon reflects confidence in the company&#8217;s ability to continue its growth trajectory while improving profitability. With a strong focus on cloud services and AI monetization, Amazon seems poised for further expansion in the coming years.
AMZN Price Action: Amazon&#8217;s stock closed lower by 3.29% on Tuesday. However, the company reported an earnings beat post-market on Tuesday at $175.00. The stock was trading up by about 3.8% at $181.90 during the premarket session Wednesday.
Read Next: <a href="https://www.benzinga.com/news/24/04/38539518/amazons-andy-jassy-remains-bullish-on-aws-sees-very-large-opportunity-and-expects-meaningful-capex-i">Amazon&#8217;s Andy Jassy Remains Bullish On AWS, Sees &#8216;Very Large Opportunity&#8217; And Expects &#8216;Meaningful&#8217; CapEx Increase In 2024</a>
Photo: Shutterstock

Analyst Color

Earnings

Earnings Beats

Amazon's GenAI Could Generate 'Multi-Billion Revenue Run-Rate': JPMorgan

Wedbush analyst Jay McCanless maintains Taylor Morrison Home (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TMHC#NYSE">TMHC</a>) with a Neutral and raises the price target from $55 to $61.

TMHC

Wedbush Maintains Neutral on Taylor Morrison Home, Raises Price Target to $61

Stifel analyst Stanley Elliott maintains Timken (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TKR#NYSE">TKR</a>) with a Buy and raises the price target from $92 to $100.

Stifel Maintains Buy on Timken, Raises Price Target to $100

Stifel analyst Rick Wise maintains Stryker (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SYK#NYSE">SYK</a>) with a Buy and raises the price target from $350 to $375.

Stifel Maintains Buy on Stryker, Raises Price Target to $375

Stifel analyst Chris O'Cull maintains Starbucks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>) with a Hold and lowers the price target from $90 to $80.

SBUX

Stifel Maintains Hold on Starbucks, Lowers Price Target to $80

Stifel analyst Ruben Roy maintains Skyworks Solutions (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SWKS#NASDAQ">SWKS</a>) with a Buy and lowers the price target from $122 to $112.

SWKS

Stifel Maintains Buy on Skyworks Solutions, Lowers Price Target to $112

<ul>
<li>DJT</li>
<li>AMZN</li>
<li>NVDA</li>
<li>TSLA</li>
<li>AMD</li>
<li>SBUX</li>
<li>CORN</li>
<li>TLRY</li>
<li>AAPL</li>
<li>SMCI</li>
</ul>
Data from <a href="https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment">https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment</a>
&nbsp;

AAPL

CORN

NVDA

SMCI

TLRY

TSLA

Top 10 Trending Stocks On WallStreetBets As Of May 1, 2024 (Via Swaggy Stocks)

Stifel analyst Daniel Arias maintains Qiagen (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QGEN#NYSE">QGEN</a>) with a Hold and lowers the price target from $55 to $45.

QGEN

Stifel Maintains Hold on Qiagen, Lowers Price Target to $45

NSIT

Insight Enterprises Acquires Infocenter, Terms Not Disclosed

Stifel analyst Craig Jones maintains Privia Health Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRVA#NASDAQ">PRVA</a>) with a Buy and lowers the price target from $28 to $24.

PRVA

Stifel Maintains Buy on Privia Health Gr, Lowers Price Target to $24

Carlisle Companies To Expand Research And Innovation Center In Carlisle, Pennsylvania; To Invest $45M To Build

Stifel analyst Mark Kelley maintains Pinterest (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PINS#NYSE">PINS</a>) with a Buy and raises the price target from $42 to $46.

PINS

Stifel Maintains Buy on Pinterest, Raises Price Target to $46

Integral Ad Science Announces Integration With Roblox

Stock Split

Advent Technologies Holdings Approves 1-For-30 Reverse Stock Split

Cemtrex Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CETX#NASDAQ">CETX</a>) shares are trading lower by 75% to $0.29 during Wednesday&#8217;s session after the company has announced a public offering with gross proceeds expected to be around $10 million, up from the <a href="https://www.benzinga.com/pressreleases/24/05/g38549905/cemtrex-inc-announces-pricing-of-10-million-upsized-underwritten-public-offering">initial $9 million</a>. The offering includes common units or pre-funded units, each comprising common shares, warrants, and pre-funded warrants. 
The company plans to use the funds for operational purposes, marketing, existing business investments, and debt repayment. They may also consider acquiring complementary businesses or technologies. 
Aegis Capital Corp. has been granted an option to purchase additional shares and/or warrants. The closing of the offering is scheduled for May 3, pending standard closing conditions.
See Also: <a href="https://www.benzinga.com/news/econ-s/24/05/38548716/private-employment-increases-by-192-000-beats-forecasts-hiring-was-broad-based-in-april">Private Employment Increases By 192,000, Beats Forecasts: &#8216;Hiring Was Broad-Based In April&#8217;</a>
<h2 class="wp-block-heading">How To Buy CETX Stock</h2>
By now you're likely curious about how to participate in the market for Cemtrex &#8211; be it to purchase shares, or even attempt to bet against the company.
Buying shares is typically done through a brokerage account. You can find a list of <a href='https://www.benzinga.com/money/best-stock-trading-platforms'>possible trading platforms here.</a> Many will allow you to buy ‘fractional shares,' which allows you to own portions of stock without buying an entire share. For example, some stock, like Berkshire Hathaway, or Amazon.com, can cost thousands of dollars to own just one share. However, if you only want to invest a fraction of that, brokerages will allow you to do so. 
In the the case of Cemtrex, which is trading at $0.68 as of publishing time, $100 would buy you 147.06 shares of stock.
If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to ‘go short' a share of stock by lending you the shares to sell. The process of shorting a <a href="https://www.benzinga.com/money/how-to-short-a-stock">stock can be found at this resource.</a> Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading &#8211; either way it allows you to profit off of the share price decline.
According to data from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>, CETX has a 52-week high of $11.45 and a 52-week low of $1.10.

CETX

Why Cemtrex (CETX) Stock Is Down 75%

Stifel analyst Selman Akyol maintains MPLX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MPLX#NYSE">MPLX</a>) with a Buy and raises the price target from $45 to $47.

MPLX

Stifel Maintains Buy on MPLX, Raises Price Target to $47

Insurance Distribution Firm Adopts New Brand to Unify Retail Brokerage Operations Under a Single Brand and to Reflect Firm's Transformation, Growth and Integration

BRP To Rebrand As The Baldwin Group

Large Vs. Small Gap Keeps Widening

Global X Conscious Companies ETF declares semi-annual distribution of $0.2351

Equity Factor Report - Q4 2023: Growth Strategies Rally On The Prospect Of Lower Interest Rates

Magnificent Seven Drive 2023 U.S. Large Caps - And Spotlight Index Profitability Rules

Rate Decreases: Be Careful What You Wish For?

Why U.S. Large Cap Growth's Banner Year Didn't Look The Same Across Index Providers

Lessons From The Past On How To Position Equity Portfolios In A U.S. Presidential Election Year