DIRS.INFO The most relevant business & tech news

☆ Apple's stock could be poised for more run-up, says Bernstein's Toni Sacconaghi
▼ + stars: | 2024-05-03 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple's stock could be poised for more run-up, says Bernstein's Toni SacconaghiToni Sacconaghi, Bernstein senior research analyst, joins 'Power Lunch' to discuss Apple as the stock of iPhone maker popped on earnings beat.

Persons: Bernstein's Toni Sacconaghi Toni Sacconaghi, Bernstein Organizations: Apple

☆ 'Be like Buffett' and buy the dip in Apple stock before its next iPhone announcement, analyst says
▼ + stars: | 2024-04-30 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Investors should imitate Warren Buffett and buy Apple while it's cheap, Bernstein's Toni Sacconaghi said. He says the stock is attractively priced, pushed down by cyclical issues in China, not due to fundamental problems. The stock will also see boosted upside from its forthcoming iPhone 16 cycle, he told CNBC. AdvertisementInvestors should grab Apple because it's looking cheap, Bernstein said on Monday, turning bullish on the stock for the first time in years. "What we found is, we're getting a price break on it," Sacconaghi told CNBC Tuesday.

Persons: Warren Buffett, Toni Sacconaghi, —, Bernstein, Buffett, we're, Sacconaghi, Apple's Organizations: Apple, CNBC, Service Locations: China, Bernstein's

☆ Monday's analyst calls: Apple gets a big upgrade, headwinds seen for Lululemon and Tesla
▼ + stars: | 2024-04-29 | by ( Brian Evans | ) www.cnbc.com time to read: +5 min

Monday's analyst calls included an upgrade to Apple and a move in the opposite direction for athleisure giant Lululemon and electric car marker Tesla. The firm downgraded Ulta stock to equal weight from overweight, and lowered its price target to $434 per share from $612. — Brian Evans 6:30 a.m. Evercore slashes Tesla price target Evercore ISI says its forecast for Tesla stock is due for an update as headwinds from the start of the year converge and pressure the electric vehicle company. Apple stock has pulled back 12.1% in 2024 but was up 1.7% in premarket trading Monday. Lululemon stock has slipped nearly 29% in 2024 and was off 1.9% premarket Monday.

Persons: Bernstein, Toni Sacconaghi, Barclays downgrades Ulta, Adrienne Yih, Yih, — Brian Evans, Chris McNally, McNally, Bernstein's Toni Sacconaghi, Sacconaghi, Barclays downgrades Lululemon, headwinds, LULU Organizations: CNBC, Apple, Tesla, Barclays, ISI Locations: China, Friday's, Mexico

☆ Cramer says Apple's Monday rally doesn't have 'staying power' after analyst upgrade
▼ + stars: | 2024-04-29 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer was wary of Apple 's Monday rally, which he said was spurred by an analyst upgrade. On Monday, Bernstein's Toni Sacconaghi upgraded the stock from neutral to buy and said it's time to "buy the fear." Cramer said he's not trying to disregard Sacconaghi, who he called a "genuinely great analyst," but said he's an "Apple skeptic" who doesn't analyze the stock accurately. Cramer added that "it feels a bit suspect" that this moment is when Sacconaghi "climbs on the bandwagon" for Apple. "Apple rallied on an upgrade from an analyst who, historically, does not have a great understanding of this particular stock," Cramer said.

Persons: CNBC's Jim Cramer, Bernstein's Toni Sacconaghi, Sacconaghi, it's, Toni, Cramer, you've, he's, Apple Organizations: Apple, CNBC Locations: China

☆ Watch CNBC's full interview with Bernstein's Toni Sacconaghi on Tesla earnings
▼ + stars: | 2024-04-24 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Bernstein's Toni Sacconaghi on Tesla earningsToni Sacconaghi, Bernstein, joins 'Squawk on the Street' to discuss what Sacconaghi would've liked to hear on Tesla's earnings call, the EV giant's full-self driving and Robotaxi plans, and what happens in the next 5-10 years for Tesla.

Persons: Bernstein's Toni Sacconaghi, Toni Sacconaghi, Bernstein, Sacconaghi would've, Tesla Organizations: EV

☆ Tesla skepticism remains centered on potential new models, says Bernstein's Toni Sacconaghi
▼ + stars: | 2024-04-24 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTesla skepticism remains centered on potential new models, says Bernstein's Toni SacconaghiToni Sacconaghi, Bernstein, joins 'Squawk on the Street' to discuss what Sacconaghi would've liked to hear on Tesla's earnings call, the EV giant's full-self driving and robotaxi plans, and what happens in the next five to 10 years for Tesla.

Persons: Bernstein's Toni Sacconaghi Toni Sacconaghi, Bernstein, Sacconaghi would've, Tesla Organizations: EV

☆ Watch CNBC’s full interview with DCLA's Sarat Sethi and Bernstein's Toni Sacconaghi
▼ + stars: | 2024-03-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with DCLA's Sarat Sethi and Bernstein's Toni SacconaghiSarat Sethi, DCLA managing partner and portfolio manager, and Toni Sacconaghi, Bernstein senior analyst, join 'Power Lunch' to discuss Apple and Tesla as both companies' stocks have not been performing well.

Persons: DCLA's Sarat Sethi, Bernstein's Toni Sacconaghi Sarat Sethi, DCLA, Toni Sacconaghi, Bernstein Organizations: Apple

☆ Apple doesn't necessarily need to be a leader in generative AI, says Bernstein's Toni Sacconaghi
▼ + stars: | 2024-03-05 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple doesn't necessarily need to be a leader in generative AI, says Bernstein's Toni SacconaghiToni Sacconaghi, Bernstein senior research analyst, joins 'Squawk Box' to discuss the troubles facing Apple, the company's AI strategy, the success of its services segment, and more.

Persons: Bernstein's Toni Sacconaghi Toni Sacconaghi, Bernstein Organizations: Apple

☆ Bernstein's Toni Sacconaghi on Apple: Valuation still relatively high
▼ + stars: | 2024-02-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBernstein's Toni Sacconaghi on Apple: Valuation still relatively highToni Sacconaghi, Bernstein senior analyst, joins 'Money Movers' to discuss Apple's quarterly earnings results and accompanying commentary, how the analyst will fold Apple's AI offering into its model, and the tech giant's data from China.

Persons: Toni Sacconaghi, Bernstein Organizations: Apple Locations: China

☆ Analysts baffled by Tesla not giving an outlook, can't think of another big company not to do so
▼ + stars: | 2024-01-25 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

Barclays analyst Dan Levy, for example, lowered his target on Tesla shares to $225 from $250, saying that a "cloudy path ahead reinforces some downside risk." Guggenheim left a sell rating and $132 price target in place. "We expect consensus estimates to come down on what will likely be interpreted as a cautious outlook with reduced visibility," wrote Citi's Itay Michaeli. Michaeli lowered Citi's Tesla price target to $224 from $255 a share, implying about 8% upside from Wednesday's close. The bank remains on the sidelines with a neutral rating on Tesla shares, awaiting a "more convincing entry point," he wrote.

Persons: Tesla, Morgan Stanley's Adam Jonas, Joseph Spak, Dan Levy, Wells Fargo's Colin Langan, Emmanuel Rosner, Guggenheim, Ronald Jewsikow, Bernstein's Toni Sacconaghi, Itay, Goldman Sachs, Mark Delaney, — CNBC's Michael Bloom Organizations: Wall Street, UBS, Barclays, Deutsche Bank, EV Locations: Wednesday's

☆ Bernstein's Toni Sacconaghi on Tesla's challenge: It's playing in 'a hyper-competitive marketplace'
▼ + stars: | 2023-11-14 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBernstein's Toni Sacconaghi on Tesla's challenge: It's playing in 'a hyper-competitive marketplace'Toni Sacconaghi, Bernstein senior research analyst, joins 'Squawk Box' to discuss Tesla's stock performance, growth outlook, China EV market, and more.

Persons: Toni Sacconaghi, Bernstein Organizations: China EV Locations: China

☆ Bernstein's Toni Sacconaghi on Apple: The question for investors is how much to pay for the company
▼ + stars: | 2023-11-03 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBernstein's Toni Sacconaghi on Apple: The question for investors is how much to pay for the companyToni Sacconaghi, Bernstein senior analyst, joins 'Squawk Box' to break down Apple's quarterly earnings results, which beat on top and bottom lines but revealed overall sales fell for the fourth quarter in a row, the challenges facing the company, and more.

Persons: Toni Sacconaghi, Bernstein Organizations: Apple

☆ Tesla shares drop 5% on Panasonic battery warning, down 18% since Q3 earnings report
▼ + stars: | 2023-10-30 | by ( Lora Kolodny | ) www.cnbc.com time to read: +3 min

Musk also repeatedly said, during that call, that Tesla was facing serious challenges with the start of production of its long-awaited Cybertruck. Shares have dropped about 18% since the company's earnings call Oct. 18. We believe that Tesla may have to guide to deliveries below consensus next year AND face lower margins." Bernstein, with its bearish view of Tesla, is forecasting 2.15 million deliveries from Tesla next year with earnings per share of $2.59 compared to the consensus view of 2.3 million deliveries and earnings per share of $3.30. Shares of ON Semiconductor , which supplies chips for EVs, were down 20% Monday after the company offered disappointing Q4 guidance.

Persons: Elon Musk, Porte, Tesla, Musk, It's, Bernstein's Toni Sacconaghi, Bernstein, Sacconaghi Organizations: SpaceX, Tesla, Viva Technology, Porte de, Panasonic, U.S, Cybertruck, ON Semiconductor, CNBC Locations: Paris, Japan, Ortex, London

☆ These Nasdaq stocks are already in a bear market, including Tesla and Airbnb
▼ + stars: | 2023-10-26 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

CNBC Pro recently screened for a list of these stocks, shown here: The list of names includes Tesla, which is down 29% from its 52-week high in July. Even Morgan Stanley's Adam Jonas, who has an outlier overweight position on the stock, trimmed his price target to $380 from $400. Another name on the list was Enphase Energy , which is down 72.2% from its 52-week high on Dec. 5. Dollar Tree is off 36% from its 52-week high in November 2022. The accompanying price target of $137 corresponds to a potential 26.5% upside from Wednesday's close.

Persons: Morgan Stanley's Adam Jonas, Bernstein's Toni Sacconaghi, Tesla, Justin Patterson, SolarEdge, Enphase, Goldman Sachs, Michael Bloom Organizations: Nasdaq, it's, CNBC Pro, Wall, KeyBanc Capital, Enphase Energy, Daiwa

☆ Bernstein says investors should take profits in pricey tech stocks such as Nvidia and these others
▼ + stars: | 2023-09-25 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Megacap technology stocks have led most of the 2023 market rally, and it might be time to take some chips off the table, according to one of Wall Street's top technology analysts. Bernstein's Toni Sacconaghi is advising clients to look to take profits on this year's leaders opportunistically. Sacconaghi is rated consistently as the No.1 analyst on IT hardware and electronics manufacturing services by Institutional Investor. Investors flocked to tech stocks, especially the ones tied to the artificial intelligence boom, in the first half of the year. Still, Bernstein kept its neutral rating on tech stocks, adding that investors should turn to quality shares that are more undervalued.

Persons: Bernstein's Toni Sacconaghi, opportunistically, Bernstein, Sacconaghi, — CNBC's Michael Bloom Organizations: Institutional Investor, Nvidia, Meta, Apple, Microsoft, Broadcom

☆ Here’s what major analysts thought of the new iPhone and what to do with Apple’s stock
▼ + stars: | 2023-09-13 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

He highlighted the enhanced photo capabilities on Pro models and called the new double tap feature the most notable upgrade to the Apple Watch. Many analysts expected hikes around $100 and $200 for the beefed up Pro and Pro Max iterations. Apple essentially delivered a $100 price hike on the Pro Max by doing away with the lower storage option. He noted that the hike on the Pro Max skewed to the low end of the Wall Street firm's expectation range. Evercore ISI's Amit Daryanani regarded the event as "mildly disappointing" for bulls hoping for a Pro price increase.

Persons: Toni Sacconaghi, Canaccord Genuity's Michael Walkley, Goldman Sachs, Michael Ng, Wells, Aaron Rakers, Pro Max, iPhones, Atif Malik, Evercore ISI's Amit Daryanani, David Vogt, Samik Chatterjee, Erik Woodring's, Morgan, Apple, Woodring, Sacconaghi, — CNBC's Michael Bloom Organizations: Apple, Apple Watch, Wall, Pro, Citi, UBS Locations: China

☆ China is not the only thing fueling investor concerns about Apple, says Bernstein's Toni Sacconaghi
▼ + stars: | 2023-09-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina is not the only thing fueling investor concerns about Apple, says Bernstein's Toni SacconaghiToni Sacconaghi, Bernstein Private Wealth Management's Apple analyst, joins 'Squawk on the Street' to discuss the revenue hit Apple could face from restrictions in China, the timeline for Apple's plan to migrate manufacturing outside of China, Apple's quest to maximize international revenue.

Persons: Bernstein's Toni Sacconaghi Toni Sacconaghi Organizations: China, Apple Locations: China

☆ Morgan Stanley names this tech stock a top pick, says AI server demand could boost it by nearly 25%
▼ + stars: | 2023-09-01 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Growing demand for artificial intelligence servers should boost shares of Dell Technologies over the long haul, according to Morgan Stanley. "Importantly, this opportunity is incremental and not yet cannibalistic to general purpose server demand," Woodring wrote. "When we then consider the Gen AI story is still in its infancy - with demand outstripping supply - we believe AI servers can remain a model tailwind for years to come." Along with the AI story, Morgan Stanley views stabilizing hardware spending and better cost management and execution as key to Dell's upside from here. DELL YTD mountain Dell shares have gained about 40% in 2023 A potential S & P 500 inclusion should also benefit Dell and expand the investor base for shares, Woodring added.

Persons: Morgan Stanley, Erik Woodring, Dell, Woodring, Toni Sacconaghi, Michael Bloom Organizations: Dell Technologies, Apple, Dell, HP, DELL

☆ Tesla's limited product line makes pricing power key to growth, says Bernstein's Toni Sacconaghi
▼ + stars: | 2023-07-20 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTesla's limited product line makes pricing power key to growth, says Bernstein's Toni SacconaghiBernstein's Toni Sacconaghi joins 'The Exchange' to discuss Tesla facing margin pressure due to price cuts, limitations of Tesla's vehicle catalog, and Tesla's pursuit of volume growth.

Persons: Bernstein's Toni Sacconaghi Bernstein's Toni Sacconaghi

☆ Earnings playbook: Netflix and Tesla are set to report this week as reporting season ramps up
▼ + stars: | 2023-07-16 | by ( Fred Imbert | ) www.cnbc.com time to read: +8 min

Tuesday Bank of America is set to report earnings before the bell, followed by a call at 8:30 a.m. Morgan Stanley is set to report earnings in the premarket, with a conference call slated for 9:30 a.m. Wednesday Goldman Sachs is set to report earnings before the market opens, followed by a call at 9:30 a.m. Tesla is set to report earnings after the close, with a call slated for 5:30 p.m. What history shows: Netflix earnings have exceeded earnings expectations in seven of the last 10 quarters, FactSet data shows.

Persons: Wells, Keith Horowitz, Morgan Stanley, Morgan Stanley's, BofA's Ebrahim Poonawala, Morgan, Goldman Sachs, Marcus, Goldman, UAL, Leslie Josephs, Scott Kirby's, Tesla, Toni Sacconaghi, NFLX, AAL Organizations: Tesla, Netflix, United Airlines, JPMorgan Chase, Citigroup, JPMorgan, Tuesday Bank of America, Refinitiv, CNBC, Bank of America, Citi, Goldman, IBM, Thursday, Airlines, Northeast U.S, JetBlue, Northeast Alliance Locations: America, Wells Fargo, Newark, Northeast

☆ Bernstein's Toni Sacconaghi reveals his top tech stock picks
▼ + stars: | 2023-07-12 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBernstein's Toni Sacconaghi reveals his top tech stock picksToni Sacconaghi, Bernstein senior research analyst, joins 'Squawk Box' to discuss his top tech stock picks, his tech strategy for the second half, and more.

Persons: Toni Sacconaghi, Bernstein

☆ Here's what analysts are saying after Tesla's second-quarter vehicle deliveries report
▼ + stars: | 2023-07-03 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

Tesla shares rose more than 6% in the premarket, giving Nasdaq-100 futures a boost . Goldman Sachs took the higher vehicle deliveries as a bullish signal. Canaccord's $293 price target implies about 12% upside for Tesla shares. Citi has a $215 per share price target on Tesla, a which the stock has already surpassed by more than 21%. Sacconaghi's $150 price target implies downside of more than 40% from Friday's close.

Persons: Tesla, FactSet, Goldman Sachs, Mark Delaney, Canaccord Genuity, George Gianarikas, Gianarikas, Itay Michaeli, Bernstein's Toni Sacconaghi Jr, Sacconaghi, Michael Bloom Organizations: Nasdaq, Tesla, Citi Locations: Friday's

☆ Watch CNBC's full interview with Bernstein's Toni Sacconaghi on Tesla's stock surge
▼ + stars: | 2023-06-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Bernstein's Toni Sacconaghi on Tesla's stock surgeToni Sacconaghi, Bernstein senior research analyst, joins 'Power Lunch' to discuss Tesla's EV charging infrastructure, maintaining an underperform for the stock and outlook.

Persons: Bernstein's Toni Sacconaghi, Toni Sacconaghi, Bernstein

☆ Delta is the most overbought stock on Wall Street right now. Here are the others
▼ + stars: | 2023-06-18 | by ( Fred Imbert | ) www.cnbc.com time to read: +4 min

There are overbought stocks, and then there's Delta Air Lines . A stock is considered overbought if its 14-day RSI goes above 70, signaling investors should consider easing their exposure. A 14-day RSI under 30, however, signals that a stock is oversold, meaning there may be a buying opportunity. Take a look at the most overbought stocks in the S & P 500 . Earlier this month, shares got a boost on news that General Motors will use Tesla's electric vehicle charging network .

Persons: Tesla, Bernstein's Toni Sacconaghi, Sacconaghi, Ford's, downgrades, Campbell, Campbell Soup, Mills, Kraft Heinz, — CNBC's Michael Bloom Organizations: Delta Air Lines, Delta, Retail, Walmart, Ford, American Airlines, Netflix, Cruise, Parts, Dollar, SolarEdge Technologies, Kraft

☆ What Apple's entry into virtual reality means for the future of Meta Platforms and the metaverse
▼ + stars: | 2023-06-11 | by ( Samantha Subin | ) www.cnbc.com time to read: +5 min

Meta Platforms ' vision to sell a future where people work, play and mingle in a virtual world may finally be getting its long-overdue validation thanks to an unlikely partner. Apple on Monday unveiled its highly anticipated mixed reality product, known as Vision Pro , at its annual Worldwide Developers Conference . So confident in the bright future of the metaverse, Facebook rebranded itself as Meta Platforms in 2021 to better reflect its vision beyond social media. More than a year and a half later Apple's metaverse entry may finally offer the much-needed support to Meta's overambitious vision, and lure once skeptical investors back to the virtual world. With the company — and metaverse vision — so dependent on consumer adoption, this creates a difficult near-term setup, Meeks said.

Persons: It's, Mark Zuckerberg, Gucci, Meta's, Gene Munster, Wall, Paul Meeks, JPMorgan's Samik Chatterjee, Advisors Capital Management's JoAnne Feeney, Meeks, Davidson's Tom Forte, scoffed, Apple's, Feeney, Bernstein's Toni Sacconaghi Organizations: Apple, Developers, Facebook, Walmart, Grill, Independent Solutions Wealth Management, Advisors Capital, Munster, Quest

Search resuls for: "Bernstein's Toni Sacconaghi"

25 mentions found