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Amazon, Target And More On CNBC’s ‘Final Trades’
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On CNBC’s “Halftime Report Final Trades,” Kevin Simpson, Capital Wealth Planning founder and CIO, picked Amazon.com, Inc. (NASDAQ:AMZN).

As per the recent news, Amazon said Tuesday it increased its planned investment in northwest Louisiana to $18 billion from $12 billion. The expansion includes a third data center campus in Shreveport.

Bryn Talkington, managing partner of Requisite Capital Management, named iShares Bitcoin Trust ETF (NASDAQ:IBIT) as her final trade.

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Liz Thomas, SoFi head of investment strategy, recommended iShares Gold Trust (NYSE:IAU).

Joseph M. Terranova, senior managing director for Virtus Investment Partners, picked Target Corporation (NYSE:TGT).

On Wednesday, Target reported better-than-expected earnings for the second quarter. The company posted quarterly earnings of $2.46 per share. It beat the analyst consensus estimate of $2.33 per share. The company reported quarterly sales of $26.539 billion, which beat the analyst consensus estimate of $26.141 billion.

Target raised its FY2026 adjusted EPS guidance from $8.50 to $9.90-$10.90 and also increased sales forecast from $108.971 billion to $110.019 billion.

Price Action

  • Amazon shares gained 2.5% to close at $265.84 on Wednesday.
  • iShares Bitcoin Trust ETF gained 6% during the session.
  • Target shares gained 4.3% to close at $159.00 on Wednesday.
  • iShares Gold Trust rose 3.8% during the session.

Photo via Shutterstock

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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