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☆ Dave & Buster's plan to allow betting on arcade games draws scrutiny
▼ + stars: | 2024-05-03 | by ( Jessica Golden | ) www.cnbc.com time to read: +1 min

A Dave & Buster's location in the Gateway Center shopping complex in the Brooklyn borough of New York, US, on Saturday, March 30, 2024. Arcade chain Dave and Buster's plan to allow customer betting isn't winning over everyone. Software company Lucra Sports announced on Tuesday that it was working with the entertainment chain to allow customers to place wagers on their arcade games through the Dave & Buster's app. Illinois State Rep. Daniel Didech, a Democrat from Buffalo Grove, filed a bill on Thursday that's designed to prohibit family amusement establishments from facilitating wagering on amusement games. "None of those protections are in place at Dave & Buster's locations.

Persons: Dave, Daniel Didech, Didech Organizations: Gateway Center, . Software, Lucra Sports, Illinois State, Democrat, Illinois, Illinois House Gaming, CNBC, Dave Locations: Brooklyn, New York, Buffalo Grove, Illinois

A general view of the atmosphere during The SDI Takeover @ Dave & Buster's in Los Angeles on June 23, 2022Arcade giant Dave & Buster's is taking its games to a new level by offering social wagering on its app. Customers can soon make a friendly $5 wager on a Hot Shots basketball game, a bet on a Skee-Ball competition or on another arcade game. Dave & Buster's, started in 1982, now has more than 222 venues in North America, offering everything from bowling to laser tag, plus virtual reality. The company says it has five million loyalty members and 30 million unique visitors to its locations each year. "We're thrilled to work with Lucra to bring this exciting new gaming platform to our customers,"said Simon Murray, senior vice president of entertainment and attractions at Dave & Buster's.

Persons: Buster's, We're, Lucra, Simon Murray, Dylan Robbins, Michael Madding, Robbins, Madding, Goldman Sachs, Marc Lasry, John Isner, Julie, Zach Ertz Organizations: SDI, Stanford Graduate School, Business, Raptor, SeventySix, Dupr, @ & ' Locations: Los Angeles, North America

☆ Dave & Buster’s to allow customers to bet on arcade games
▼ + stars: | 2024-04-30 | 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 EmailDave & Buster’s to allow customers to bet on arcade gamesCNBC's Contessa Brewer reports on the latest news from Dave & Buster's.

Persons: Buster’s, Contessa Brewer, Buster's Organizations: Dave

☆ I'm ready to lose it all betting on Skee-Ball at Dave & Buster's
▼ + stars: | 2024-04-30 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +1 min

Dave & Busters will soon allow adults to bet money on games like Skee-Ball and Hot Shot basketball. The betting works inside D&B's app, with $5 "cash-based competition" against your friends. Now, you can not just be humiliated by losing at arcade games; you can lose money! NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Soon, you can bet real money against your friends playing Skee-Ball at Dave & Buster's.

Persons: —, Skee, Buster's Organizations: Service, Dave, Lucra, Business

☆ Here are Thursday's biggest analyst calls: Nvidia, Tesla, Super Micro, Meta, Wynn, Reddit, Coinbase, GM & more
▼ + stars: | 2024-04-04 | by ( Michael Bloom | ) www.cnbc.com time to read: +10 min

Mizuho reiterates Nvidia as a top pick Mizuho says Nvidia is still a top idea at the firm. Morgan Stanley initiates Mural Oncology at overweight Morgan said in its initiation of the biotech company that it sees a long "cash runway" lasting through 2025. Morgan Stanley downgrades Block to underweight from equal weight Morgan Stanley sees growth headwinds for the payment tech company. Morgan Stanley upgrades Zeta to overweight from equal weight Morgan Stanley said the marketing technology company has an underappreciated valuation. " Morgan Stanley reiterates Tesla at overweight Morgan Stanley lowered its price target to $310 per share from $320. "

Persons: Bernstein, Reddit, underperform Bernstein, Raymond James, Raymond James downgrades Bumble, Barclays downgrades Ferrari, it's, Mizuho, Goldman Sachs, Goldman, Morgan Stanley, Morgan, Wolfe, underperform Wolfe, Piper Sandler, Piper, Synopsys, Morgan Stanley downgrades Block, Dave, Buster's, Jefferies, Zeta, Oppenheimer, Ball, Wayfair, Wynn, bullish, Tesla, Goldman Sachs downgrades Hertz Organizations: Citi, Barclays, Ferrari, Nvidia, JPMorgan, Avis, UBS downgrades Bank of America, UBS, Apple, AstraZeneca JPMorgan, AstraZeneca, Amazon, AWS, Meta, General Motors, GMC, Chevrolet, Buick, GM, DFS, Mizuho, Eversource Energy Locations: Avis, MURA, Charlotte, Wayfair, Capital, Macau

☆ Stocks making the biggest moves premarket: Intel, Tesla, Dave & Buster's, Paramount and more
▼ + stars: | 2024-04-03 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

Intel — Shares fell more than 4% after the company disclosed a growing operating loss in its semiconductor manufacturing business. Tesla — The electric vehicle maker slipped roughly 1% after Guggenheim and Deutsche Bank slashed their price targets on the stock. The target cuts follow Tesla reporting much weaker-than-expected first-quarter delivery numbers . Dave & Buster's — Shares jumped 5% after the restaurant and entertainment chain increased its share repurchase authorization by $100 million, bringing the total available share repurchase authorization to $200 million. Ally Financial — Shares slipped 2% following a downgrade to underweight from neutral at Morgan Stanley.

Persons: Tesla, Buster's, Wells, Morgan Stanley, Richard Shane, Hakyung Kim, Brian Evans, Lisa Han, Jesse Pound Organizations: Intel —, Intel, Guggenheim, Deutsche Bank, Paramount, The New York Times, Cal, Maine Foods

☆ Stocks making the biggest moves midday: Intel, Spotify, Ulta Beauty and more
▼ + stars: | 2024-04-03 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Spotify Technology – The music-streaming company popped more than 8%. Bloomberg reported that Spotify is upping prices for its premium subscription service within several markets, including the U.S. Ford Motor announced that first-quarter U.S. sales rose 7% from a year ago, while electric vehicle sales jumped 86%. SoFi Technologies – Shares of the financial technology company rose 4.7% after Needham initiated coverage with a buy rating . GE Aerospace – GE Aerospace surged more than 6%, a day after the conglomerate once known as General Electric completed the spinoff of its power business.

Persons: Ulta, Dave, Buster's, Wells, Tesla, Nelson Peltz, Needham, —, Alex Harring, Hakyung Kim, Tanaya Macheel, Jesse Pound Organizations: Intel, Spotify Technology, Bloomberg, Spotify, U.S, Cal, Disney – Disney, Signet, Ford, Ford Motor, GE Aerospace – GE Aerospace, Electric, GE Vernova, New York Stock Exchange Locations: Cal, Maine

☆ Here are the 3 key things we're most focused on in the stock market this week
▼ + stars: | 2024-03-30 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

The annual reading is above the 2% target set by the central bank but is a slight deceleration from the 2.9% annual rate in December and January. Looking ahead to next week, it's all about the macroeconomic updates as the first quarter earnings season is mostly over. ET: ISM Manufacturing PMI After the bell: PVH Corp. (PVH), Canoo (GOEV) Tuesday, April 2 10:00 a.m. ET: ISM Services PMI Before the bell: Acuity Brands (AYI) After the bell: BlackBerry (BB), Levi Strauss (LEVI) Thursday, April 4 8:30 a.m. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

Persons: Dow, payrolls, Paychex, Calvin Klein, Tommy Hilfiger, Buster's, Levi Strauss, LEVI, Lamb Weston, Jim Cramer's, Jim Cramer, Jim, Eric Thayer Organizations: Dow Jones, Nasdaq, Federal, Cal, Maine Foods, Conagra, PVH Corp, PMI, Maine, Brands, Jim Cramer's Charitable, CNBC, Workers, Grand Central Market, Bloomberg, Getty Locations: U.S, Cal, Los Angeles , California

☆ Here are Monday's biggest analyst calls: Nvidia, Apple, Tesla, Super Micro Computer, Disney, Netflix, Meta, Amazon & more
▼ + stars: | 2024-03-25 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Wells Fargo reiterates Citi as overweight Wells Fargo raised its price target on Citi to $80 per share from $70." "We initiate coverage of Kinetik Holdings Inc. with an Outperform rating and $40 price target." "We are initiating coverage of Motorola Solutions (MSI) with an Outperform rating and $400 Target price." Citi reiterates Netflix as neutral Citi raised its price target on Netflix to $660 per share from $555. Morgan Stanley reiterates Tesla as overweight Morgan Stanley said it's standing by its overweight rating on the stock.

Persons: BoB, Mizuho downgrades Tesla, Wells, Wells Fargo, Kinetik, it's bullish, Huya, Raymond James downgrades Dave, Raymond James, Dave, Buster's, Morgan Stanley, it's, Evercore, Sealy, Raymond James downgrades Scotts, Tesla, MASI Organizations: Bank of America, Nvidia, Mizuho, Citi, RBC, Kinetik Holdings, Northland, Astera, of America, " Bank of America, Meta, Argus, Barclays, Adobe, ISI, Motorola Solutions, Netflix, Mattress, JPMorgan, PT, Raymond James downgrades Scotts Miracle, Gro, Scotts Miracle, Strong, MASI, UBS, Apple, Arista Networks, Arista Locations: China

☆ Christopher Nolan put a bet on himself when it came to Oscar frontrunner 'Oppenheimer' and walked away with a $72m payday, says report
▼ + stars: | 2024-03-09 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +3 min

This story is available exclusively to Business Insider subscribers. UniversalRepresentatives for Nolan and Universal did not respond to a request for comment sent by Business Insider outside regular working hours. Few in Hollywood can command such lucrative first-dollar gross arrangements, although it has previously happened in a Nolan pic. Leonardo DiCaprio chose to forego his then-typical $20 million paycheck for a minimum salary and an unspecified cut of the first-dollar gross. AdvertisementPer Forbes, directors who have previously wrangled first-dollar gross arrangements include Steven Spielberg, Peter Jackson, and James Cameron, placing Nolan in an elite group.

Persons: —, Christopher Nolan doesn't, Oppenheimer, It's, Nolan, Christopher Nolan Nathan Congleton, Cillian Murphy, Forbes, Emma Thomas, J, Robert Oppenheimer, Leonardo DiCaprio, Steven Spielberg, Peter Jackson, James Cameron Organizations: Service, Sunday's Academy, Universal, Business, Forbes, NBC, Warner Bros Locations: American, Los Alamos, Hollywood

☆ Shares of this restaurant chain are forming a long-term turnaround, according to the charts
▼ + stars: | 2024-02-05 | by ( Katie Stockton | ) www.cnbc.com time to read: +6 min

—Katie Stockton with Will Tamplin Access research from Fairlead Strategies for free here . Fairlead Strategies Disclaimer: This communication has been prepared by Fairlead Strategies LLC ("Fairlead Strategies") for informational purposes only. Securities, investment products, other financial products or strategies discussed herein may not be suitable for all investors. The recipient of this information must make its own independent decisions regarding any securities, investment products or other financial products mentioned herein. This material is not to be reproduced or redistributed absent the written consent of Fairlead Strategies.

Persons: Dave, Katie Stockton Organizations: Buster's Entertainment, Fairlead, CNBC Pro, Securities

☆ Stocks making the biggest moves after hours: Box, MongoDB, Dave & Buster's and more
▼ + stars: | 2023-12-05 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

Box — The cloud company plummeted 11% after reporting fiscal third-quarter adjusted earnings of 36 cents per share on revenue of $261.5 million. This was lower than FactSet's analyst expectations of 38 cents per share on $262.4 million of revenue. MongoDB — The database stock shed 4% despite MongoDB beating analysts' expectations in its third-quarter earnings. The company's $167 million revenue was also above the forecast $164 million. Dave & Buster's — The stock slipped 3% after the company posted third-quarter revenue of $466.9 million, lower than analysts' forecast for $473 million, per LSEG.

Persons: Asana, Buster's, LSEG Organizations: LSEG, Biosciences, U.S . Food, Drug Administration, crinecerfont, Toll Locations: U.S

☆ Morning Bid: Small caps pick up baton, China rating hit
▼ + stars: | 2023-12-05 | by ( ) www.reuters.com time to read: +6 min

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 26, 2023. The likes of Microsoft (MSFT.O), Apple (AAPL.O), Nvidia (NVDA.O) and Amazon (AMZN.O) fell back over 1%, pressured by a modest bounceback in U.S. Treasury yields. China's blue-chip stocks slumped to their lowest since February 2019 amid fears of a possible cut to China's sovereign credit rating cut after Moody's outlook reduction. By Mike Dolan, Editing by Bernadette Baum; <a href="mailto:mike.dolan@thomsonreuters.com" target="_blank">mike.dolan@thomsonreuters.com</a>Our Standards: The Thomson Reuters Trust Principles. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Brendan McDermid, Mike Dolan, Russell, that's, Moody's, Isabel Schnabel, Michael Gibson, Christine Laggard, Mongo, Zero Fox, Bernadette Baum Organizations: New York Stock Exchange, REUTERS, Reserve, Microsoft, Apple, Nvidia, Treasury, Reserve Bank of Australia, Central Bank, Reuters, ECB, Barclays, Qatar, P Global, Federal, Division, Supervision, Financial Innovation, Descartes Systems, Health, Powell Industries, Dave, Buster's Entertainment, Reuters Graphics, Thomson Locations: New York City, U.S, Global, York, Treasuries, Europe

☆ Stocks making the biggest moves midday: ChargePoint Holdings, Seagate Technology, C3.ai and more
▼ + stars: | 2023-09-07 | by ( Sarah Min | ) www.cnbc.com time to read: +4 min

Seagate Technology — Seagate Technology shares dropped about 10.9% after Barclays downgraded the stock to equal weight form overweight. ChargePoint Holdings — Shares of ChargePoint Holdings plunged 10.9% after the electric vehicle charging infrastructure company missed fiscal second-quarter revenue estimates. ChargePoint posted $150 million in revenue, weaker than the $153 million forecast by analysts polled by LSEG, formerly known as Refinitiv. Meanwhile, C3.ai reported an adjusted fiscal first-quarter loss of 9 cents per share on revenue of $72.4 million. Verint Systems — Shares plunged 19.4% in midday trading after the analytics company reported weaker-than-expected second-quarter earnings and revenue.

Persons: Rollins —, ChargePoint, LSEG, StreetAccount, Roku, —, Alex Harring, Yun Li, Pia Singh Organizations: Europe's, Kappa, Wall Street, GameStop, Wall, — Semiconductor, Lam Research, Devices, Qualcomm, Nvidia, Intel, Apple, Bloomberg, Street Journal, Technology, Wednesday, Seagate Technology, Barclays, ChargePoint Holdings, LSEG, Buster's Entertainment, Loop Locations: China

☆ Here are Thursday's biggest analyst calls: Nvidia, Meta, Apple, Netflix, Roku, McDonald's, Micron & more
▼ + stars: | 2023-09-07 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Here are Thursday's biggest calls on Wall Street: Barclays initiates Jabil and Flex as overweight Barclays initiated several technology manufacturers Thursday and said it sees margin expansion. Morgan Stanley reiterates Apple as overweight Morgan Stanley said it's standing by its overweight rating on the stock heading into Apple's iPhone event next week. Barclays initiates LPL Financial as overweight Barclays said the financial services company is a "solid organic grower at reasonable valuation." Barclays downgrades Seagate to equal weight from overweight Barclays downgraded Seagate mainly on valuation. Morgan Stanley reiterates Meta as overweight Morgan Stanley said it's staying bullish on shares of Meta.

Persons: Wells, Goldman Sachs, Morgan Stanley, McDonald's, Apple, it's, Jefferies, Canaccord, Johnson, Bernstein, Tesla, underperform Bernstein, Raymond James, Dell, Dan Jedda, Stifel, Riley downgrades Crocs, Riley, Truist, Raymond James downgrades Dave, Buster's, Guggenheim, Meta Organizations: Street, Barclays, JBL, EV, HSBC, Citi, Micron Citi, Micron, Oracle, Johnson, JPMorgan, Netflix, Tesla, DELL, Bank of America, Cloud Computing, LPL, Vail Resorts, Seagate, CyberArk Software Ltd, Meta, Nvidia Locations: 3Q23, Vail

☆ Stocks making the biggest moves premarket: Apple, WestRock, McDonald's and more
▼ + stars: | 2023-09-07 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

Apple — Apple shares fell more than 2.6% after Bloomberg News reported China is planning to extend a ban on iPhone use to state-owned corporations. The company generated 60 cents per share profit on $542 million of revenue. The company called for an operating loss of $27 million to $40 million, while analysts polled by StreetAccount anticipated a loss of $20.5 million. Verint Systems — The analytics company lost 16.2% in premarket trading after Verint's second-quarter earnings and revenue fell short of expectations. Verint posted adjusted earnings of 48 cents per share, while analysts polled by FactSet forecast 57 cents per share.

Persons: Buster's, LSEG, Wells, ChargePoint, StreetAccount, Roku, Verint, Macheel, Jesse Pound Organizations: Apple, Bloomberg News, Street Journal, Bros, Dave, ChargePoint Holdings, LSEG, Europe's, Kappa, Systems, FactSet, Revenue Locations: China

☆ Insider Today: IPOs' make-or-break moment
▼ + stars: | 2023-09-06 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

Speaking of fighting, the IPO market has been KO'd since 2022. But that could change with one company's upcoming public debut. Even if it slightly misses those numbers, it'll still be the largest public debut in the US since Rivian's IPO in late 2021. The stock market recovered in record time, but then something else held up IPOs: VC money. Tech has already led the stock market for about a decade — starting when Apple became the biggest company in the world.

Persons: Mark Zuckerberg, Phil Rosen, IPOs, Andrew Burton, Brent, Gabe Ginsberg, Tony Avelar, Mustafa Suleyman, It'll, Arantza Pena Popo, Insider's Eliza Relman, Vivek Murthy, Lovell, Christian Lovell, Freddie, Lil Wayne, Buster's, Elaine LaLanne, She's, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Apple, Publishing, Getty, Bloomberg, Cash, Google, Nvidia, Getty Images, Tech, US, BMI Locations: Wall, Silicon, British, Russia, Saudi Arabia, China, London, New York City, San Diego, New York

☆ Stocks stage a comeback, while two Club tech names report — and what's on tap for next week
▼ + stars: | 2023-09-02 | by ( Zev Fima | ) www.cnbc.com time to read: +5 min

All three major U.S. stock indices rebounded this past week following a lackluster August, delivering their best one-week performances since July. Here's a quick update on the past week: The August ADP employment report numbers came in lower than expected. Earnings : No Club companies report next week. Over 99% of S & P 500 companies have now reported earnings results for the second-quarter season, according to FactSet. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Nonfarm payrolls, Dow Jones, Buster's, Jim Cramer's, Jim Cramer, Jim, Michael M Organizations: Dow Jones, Nasdaq, Federal Reserve, Labor, U.S . Labor Department, ISM Manufacturing, Broadcom, VMware, PMI, Photonics, Akoustis Tech, GameStop, Eagle Outfitters, SAIC, Brands, ABM Industries, Kroger, KR, Jim Cramer's Charitable, CNBC, Traders, New York Stock Exchange, Santiago, Getty Locations: U.S, Asana, ASAN, New York City

☆ Emerging tech, from AI to extended reality, is radically reshaping today's business world — and leaders who don't get on board ASAP will be left in the dust
▼ + stars: | 2023-08-21 | by ( Nicholas Fearn | ) www.businessinsider.com time to read: +14 min

As technology shapes customer habits, entire industries, and society at large, digital transformation has become a critical priority for every company. A February report from Deloitte found effective digital transformation initiatives could increase market capitalization by a staggering $1.25 trillion. From artificial intelligence to extended reality, a variety of technologies are shaping digital transformation strategies. He said he expected industries with "significant human implications," such as healthcare and space exploration, to benefit the most from digital transformation. Extended reality — a combination of virtual reality, augmented reality, and mixed reality often called "XR" — is another technology that could revolutionize organizational cultures.

Persons: Nigel Vaz, Publicis, It's, Vaz, Jean Pelletier, Pelletier, Schneider, Beth Johnson, Johnson, Tom Fairbairn, Tom Fairbairn Fairbairn, Duncan Roberts, Roberts Organizations: Technology, Morning, Deloitte, Netflix, Schneider, Schneider Electric, Citizens Bank, Amazon Prime, Amazon Web Services, Company, Imperial College London Locations: Cognizant

☆ Here are Tuesday's biggest analyst calls: Apple, Alphabet, Pinterest, Netflix, Amazon, Nvidia & more
▼ + stars: | 2023-07-18 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Tuesday's biggest calls on Wall Street: Jefferies reiterates Apple as buy Jefferies said it's expecting a "quiet quarter" when the company reports earnings Aug. 3. Wells Fargo reiterates Netflix as overweight Wells said it's bullish heading into the company's earnings report Wednesday. Jefferies reiterates Alphabet as buy Jefferies said it's bullish heading into Alphabet earnings next week. Bank of America downgrades Lumentum to neutral from buy Bank of America called the stock an "overstated" AI beneficiary. JPMorgan reiterates Amazon as overweight JPMorgan said the e-commerce giant is its top pick heading into earnings. "

Persons: Jefferies, it's, Wells, Truist, Piper Sandler, Dave, Buster's, Piper, Bernstein, Goldman Sachs, Goldman, Max, Roth, Uber, Roth MKM, it's bullish, Morgan Stanley, Evercore, Marvell, Williams Deutsche, Sherwin Williams, JPMorgan Organizations: Apple, Netflix, Argus, Warner Brothers Discovery, Citi, Polaris Citi, 2Q, Bank of America, Nvidia, American Express, Digital, Marvell Technology Inc, Global, Inc, Deutsche Bank, Sherwin, JPMorgan Locations: capex

☆ The 'Barbie' movie's latest marketing collab is a hot pink Burger King combo meal
▼ + stars: | 2023-07-13 | by ( Nicolas Vega | ) www.cnbc.com time to read: +1 min

The BK Barbie Combo features a cheeseburger topped with bacon bits and dressed with a bright pink sauce that Burger King says has a "smoky" flavor. Once the straw is put into the dessert, Burger King tops it off with a pink frosted donut. It's not the first time that Burger King has offered a movie-themed meal. But unlike the Spider-Man burger, it doesn't appear that the BK Barbie Combo will be making its way stateside. A representative for Burger King did not immediately respond to CNBC Make It's request for comment.

Persons: Barbie, Burger King, Ken, verbiage, Burger, It's, Sony's, São Paulo, Warren Buffett Organizations: BK, Burger, CNBC Locations: Burger King Brazil

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Persons: it's, you'll, Price, Robin, You'll, Price Dave, Dave, Buster's, you've, Elaine Benes, we've Organizations: Amazon Prime, Amazon, GameStop, Buffalo Wild Wings, Cheesecake, Regal, GAP Locations: Grubhub, California

Persons: you'll, Price, Robin, You'll, Price Dave, Dave, Buster's, you've, Elaine Benes, we've Organizations: Amazon, GameStop, Buffalo Wild Wings, Cheesecake, Regal, GAP Locations: Grubhub, California

☆ Stocks making the biggest moves midday: Logitech, Toyota, UnitedHealth, AMD and more
▼ + stars: | 2023-06-14 | by ( Alex Harring | ) www.cnbc.com time to read: +5 min

Logitech — Shares tumbled 12.3% after the company announced president and CEO Bracken Darrell is departing. Toyota — The Japan-based automaker's shares gained 4.5% Wednesday. Lumen Technologies — The telecommunications stock gained 6% during midday trading Wednesday, adding to the 16% advance that was made Tuesday. Earlier in the week, the company announced a new partnership with electric vehicle software charging company ev.energy. Advanced Micro Devices — The chip stock gained nearly 2% in midday trading, a day after the company announced its latest artificial intelligence chips.

Persons: Bracken Darrell, UnitedHealth — UnitedHealth, John Franklin Rex, Akio Toyoda, Lumen, Roth MKM, Goldman Sachs, Bernstein, Bud, Raymond James, Buster's, Cinemark, Riley, Li Auto, Morgan Stanley, Wolfe, it's bullish, Gordon Haskett, SVB, — SoFi, Estée Lauder —, — CNBC's Michelle Fox, Yun Li, Sarah Min, Hakyung Kim Organizations: Logitech, Swiss Federal Institute of Technology of, Citi, Goldman, Global Healthcare, Toyota, Lumen Technologies, Google, Microsoft, Maxeon, Technologies, Reuters, Services, AMD, Anheuser, Busch InBev —, Netflix, Wolfe Research, Barclays, SVB Securities, Berenberg Locations: Swiss Federal Institute of Technology of Lausanne, Lausanne, Switzerland, Japan, Latin America

☆ Dave & Buster's is a strong buy that could jump 30%, Raymond James says
▼ + stars: | 2023-06-14 | by ( Sarah Min | ) www.cnbc.com time to read: +1 min

The bull case for Dave & Buster's Entertainment remains intact, Raymond James says. Analyst Brian M. Vaccaro maintained a strong buy rating on Dave & Buster's and raised his price target, saying the restaurant and entertainment firm's presentation at its analyst day this week supported his positive view on the stock. Dave & Buster's is outperforming the broader market this year, up 30%, while the S & P 500 is 13% higher. The analyst expects some investors to take a "wait and see" approach to Dave & Buster's, given a murky economic outlook that may hurt discretionary spending. "If comps can return to positive territory, high single-digit unit growth and margin expansion should drive 10%+ EBITDA growth over the next few years," Vaccaro wrote.

Persons: Dave, Raymond James, Brian M, Vaccaro, Buster's, — CNBC's Michael Bloom Organizations: Buster's Entertainment Locations: comps, Tuesday's

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