3 of the Most Intriguing Wall Street Partnerships

From Nasdaq:

1. Collaborations can impact company earnings and stock prices. Zacks Investment Research covers three impactful partnerships on Wall Street. Pinterest’s collaboration with Amazon has increased stock prices by 30% since the partnership announcement, with projected double-digit earnings growth. Disney’s partnership with the NFL will bring life to ESPN, while Tesla and Uber are working together to drive EV adoption.

2. Pinterest (PINS) has seen its stock fluctuate since going public due to a lack of monetization. However, after partnering with Amazon for third-party ads, the stock has increased by more than 30%. Disney’s shares have rallied after reports of a potential partnership with the NFL to rejuvenate ESPN. Disney’s price-to-sales ratio is at multi-year lows.

3. Uber and Tesla are collaborating to drive EV adoption and offer discounts on Tesla vehicles to Uber drivers. This partnership might eventually lead to a major “robo taxi” business, according to ARK CEO Cathie Wood. In addition to these, Zacks Investment Research is also offering a bonus report about a company at the heart of an Artificial Intelligence sector with an internet and iPhone-scale economic impact of $15.7 Trillion.



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