Amazon.com, Inc. (NASDAQ:AMZN) – Stock analysts at Jefferies Financial Group decreased their FY2018 earnings estimates for Amazon.com in a research report issued to clients and investors on Tuesday, October 23rd. Jefferies Financial Group analyst B. Thill now anticipates that the e-commerce giant will earn $17.60 per share for the year, down from their prior estimate of $18.35. Jefferies Financial Group currently has a “Buy” rating and a $2,260.00 target price on the stock. Jefferies Financial Group also issued estimates for Amazon.com’s Q4 2018 earnings at $6.05 EPS and FY2019 earnings at $23.49 EPS.

It has taken a while, but gold is now doing exactly what it is supposed to do as the metal ends the week near a three-month high as U.S. equity markets continue to melt down and bond yields drop.

There’s a trend in China that rewards equity traders with a relatively calmer session on Fridays. But the yuan is always ready to take the spotlight and keep everyone busy.

Hyundai Motor’s third-quarter earnings were a major disappointment, said KTB Investment and Securities on Oct. 26 lowering the target price to 150,000 won (US$131.93) from 180,000 won.

Gold prices rose on Thursday towards a more than three-month high hit earlier this week, as a selloff in global equities triggered safe-haven bids for the metal amid rising political and economic uncertainties.

LG Electronics’ annual operating profit in 2018 will hike 28 percent from last year to 3.16 trillion won, said Hana Financial Investment on Oct. 26 maintaining a “buy” recommendation.

Concerns about corporate and economic growth

LG Innotek’s earnings momentum will continue until next year, said Korea Investment and Securities on Oct. 25 maintaining a “buy” recommendation and 190,000 won (US$166.74) target price.

LG International’s third-quarter earnings were slower than expected, said NH Investment and Securities on Oct. 25 lowering the target price to 25,000 won (US$21.93) from 34,000 won.

Gold prices rose on Thursday towards a more than three-month high hit earlier this week, as a selloff in global equities triggered safe-haven bids for the metal amid rising political and economic uncertainties.