Alphabet results could bode well for Amazon and Meta, says Wedbush
Google parent Alphabet’s Inc.’s fourth-quarter results could spell good news for Amazon.com Inc. and Meta Platforms Inc. who are on deck this week, according to Wedbush analyst Dan Ives.Meta META, -0.24% and Amazon AMZN, -1.40% both report fourth-quarter results after market close Thursday. “We see positive readthroughs for AMZN/META following Google’s results,” wrote Ives. “We are encouraged by performance across Google Search and YouTube, which we think indicates a healthy digital advertising backdrop, in ...