Amazon, Uber And A Real Estate Stock On CNBC's 'Final Trades'

1 week ago

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On CNBC's “Halftime Report Final Trades,” Joseph M. Terranova of Virtus Investment Partners named Iron Mountain Incorporated IRM as his final trade.

On Nov. 6, Iron Mountain reported third-quarter financial results. The company reported that the third quarter adjusted earnings per share was 44 cents. Quarterly revenue of $1.56 billion, beating the street view of $1.55 billion.

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Joshua Brown of Ritholtz Wealth Management said he likes Amazon.com, Inc. AMZN for the balance of 2025.

Amid peak holiday shopping, Amazon.com recently announced that its operations will remain unaffected despite a strike initiated by workers at seven of its U.S. facilities.

Jenny Van Leeuwen Harrington of Gilman Hill Asset Management said Uber Technologies, Inc. UBER is “wildly oversold.” The ride hailing company has 30% to 50% earnings growth ahead, he says.

Taiwan's Fair Trade Commission (FTC) has reportedly blocked Uber’s $950 million acquisition of Delivery Hero's Foodpanda business due to anti-competitive concerns. The merger, which was initially announced in May 2023, would have significantly increased Uber Eats' dominance in Taiwan's food delivery market, giving the combined company over 90% of the market share, Reuters reported.

Price Action:

  • Amazon shares fell 0.9% to close at $219.39 during Tuesday's session.
  • Uber shares gained 0.7% to close at $60.32 on Tuesday.
  • Iron Mountain shares gained 1.4% to settle at $105.11 on Tuesday.

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Image: Shutterstock

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