DIRS.INFO The most relevant business & tech news

☆ Intel's traditional business hasn't grown fast enough to cover its manufacturing costs: Chris Caso
▼ + stars: | 2024-04-26 | 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 EmailIntel's traditional business hasn't grown fast enough to cover its manufacturing costs: Chris CasoChris Caso, Wolfe Research senior analyst, joins 'Squawk Box' to discuss Intel's quarterly earnings results, the company's weak guidance, semiconductor production outlook, and more.

Persons: Chris Caso Chris Caso Organizations: Wolfe Research

☆ Nvidia's blowout quarter: Here are the key takeaways
▼ + stars: | 2024-02-22 | 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 EmailNvidia's blowout quarter: Here are the key takeawaysChris Caso, Wolfe Research senior analyst, joins "Squawk Box' to break down Nvidia's quarterly earnings results, which reported fourth fiscal quarter earnings that beat Wall Street’s forecast for earnings and sales, and said revenue during the current quarter would be better than expected, even against elevated expectations for massive growth.

Persons: Chris Caso Organizations: Wolfe Research

☆ Stocks making the biggest moves premarket: Discover Financial Services, Spirit Airlines, Humana, Hertz and more
▼ + stars: | 2024-01-18 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +4 min

Discover Financial Services — The financial services stock dropped more than 7% after posting mixed fourth-quarter results. Hertz — The automotive rental company's stock climbed about 6% following an upgrade to overweight from Morgan Stanley earlier on Thursday. Kinder Morgan — Shares of the energy infrastructure company fell less than 1% after Kinder Morgan's fourth-quarter revenue came in lower than expected. Fastenal — The industrial supplies company added 4% after posting fourth-quarter earnings that exceeded analyst expectations. Humana — The health insurance company lost more than 14% on Thursday after guiding for full-year 2023 adjusted earnings of $26.09 per share.

Persons: Hertz, Morgan Stanley, Adam Jonas, Hertz's, BofA, Ranjan Sharma, Kinder Morgan —, Kinder Morgan's, Kinder, Fastenal, Chris Caso, — CNBC's Brian Evans, Michelle Fox, Fred Imbert, Jesse Pound, Pia Singh, Samantha Subin Organizations: Discover Financial, Apple, Bank of America, Spirit Airlines, JetBlue, Citi, Spirit, Alaska Air Group —, Boeing, Alaska Airlines, Federal Aviation Administration, JPMorgan, Wolfe Research, Humana, Alcoa, Revenue Locations: Singapore

☆ We're a big believer in the A.I. trend going into next year, says Wolfe Research's Chris Caso
▼ + stars: | 2023-11-01 | 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 EmailWe're a big believer in the A.I. trend going into next year, says Wolfe Research's Chris CasoChris Caso, Wolfe Research managing director covering semiconductors and semiconductor capital equipment, joins 'Squawk Box' to discuss the state of the semiconductor sector, AMD's weaker-than-expected guidance, the impact of A.I. on the chip industry, and more.

Persons: Wolfe, Chris Caso Chris Caso Organizations: Wolfe Research

☆ AMD stock surges after issuing positive outlook for AI chips next year. Here's what the pros say
▼ + stars: | 2023-11-01 | by ( Christina Falso | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAMD stock surges after issuing positive outlook for AI chips next year. Here's what the pros sayJim Cramer, Chris Caso of Wolfe Research, Vijay Rakesh of Mizuho Securities and Joe Terranova of Virtus Investment Partners discussed AMD after the company reported third-quarter results that beat expectations.

Persons: Jim Cramer, Chris Caso, Vijay Rakesh, Joe Terranova Organizations: AMD, Wolfe Research, Mizuho Securities, Virtus Investment Partners

☆ Here's why Wolfe Research adjusted Nvidia's price target to $630
▼ + stars: | 2023-08-24 | 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 EmailHere's why Wolfe Research adjusted Nvidia's price target to $630Chris Caso, managing director at Wolfe Research, and Vijay Rakesh, managing director at Mizuho, join 'Squawk on the Street' to discuss Nvidia's quarterly earnings results, how the stock gets to Caso's price target and the company's opportunities in China.

Persons: Chris Caso, Vijay Rakesh Organizations: Wolfe, Wolfe Research, Mizuho Locations: China

☆ Nvidia shares little changed despite earnings beat. What the pros say to do next
▼ + stars: | 2023-08-24 | by ( Joshua Natoli | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNvidia shares little changed despite earnings beat. What the pros say to do nextJim Cramer, Vivek Arya of Bank of America Securities, Chris Caso of Wolfe Research, Aaron Rakers of Wells Fargo and Josh Brown of Ritholtz Wealth Management discussed Nvidia after the company beat both earnings and revenue estimates for the second quarter.

Persons: Jim Cramer, Vivek Arya, Chris Caso, Aaron Rakers, Wells Fargo, Josh Brown Organizations: Nvidia, Bank of America Securities, Wolfe Research, Ritholtz Wealth Management Locations: Wells

☆ Here's the trade on Nvidia ahead of earnings, according to analysts
▼ + stars: | 2023-08-20 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

NVDA YTD mountain NVDA has surged in 2023 Ahead of earnings Wednesday, analysts are weighing in on the forthcoming report and how to trade the earnings. Oppenheimer's Rick Schafer maintained an outperform rating on Nvidia and raised his price target to $500 per share up from $420. Elsewhere, Citi analyst Atif Malik reiterated both a buy rating and a $520 per share price target in a note last week. However, Deutsche Bank analyst Ross Seymour is more cautious on Nvidia stock heading into earnings, and reiterated a hold rating in Tuesday note. Seymour maintains a $440 per share price target, which forecasts roughly 2% upside from the stocks current trading levels.

Persons: Hans Mosesmann, Mosesmann, Oppenheimer's Rick Schafer, " Schafer, Wolfe, Chris Caso, " Caso, Atif Malik, Wall, Malik, Ross Seymour, Seymour, — CNBC's Michael Bloom Organizations: Nvidia, Rosenblatt Securities, Wolfe Research, Citi, Deutsche Bank, LT

☆ How to invest in the ChatGPT-driven AI boom: Credit Suisse shares 6 stocks they're labeling as "top picks" as their exposure to AI development opens them up to new revenue streams
▼ + stars: | 2023-03-05 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

Badri's price 12-month price target for shares of Microsoft is $285. The analysts said that growing AI use cases will help Taiwan Semiconductor Manufacturing Company and their high performance computing business, which has already doubled since 2016. Credit Suisse's 12-month price target for the stock is $330, which is upside of 16%. Chou has a price target of NT$1,100 for the stock, meaning 13.5% upside. Both Taiwan Semiconductor Manufacturing Company and Baidu are traded on US exchanges, while Accton and Wiwynn are traded in Taiwan.

☆ Nvidia shares up 12% on earnings and bullish outlook on A.I.
▼ + stars: | 2023-02-23 | by ( Rohan Goswami | ) www.cnbc.com time to read: +2 min

Nvidia shares opened up more than 12% Thursday morning, a day after the chipmaker reported a beat on the top and bottom line. Nvidia reported $6.05 billion in revenue for the fiscal fourth quarter and adjusted EPS of 88 cents, edging out the Wall Street consensus. Nvidia's AI play is "accelerating in a way that will have disruptive implications" for both its competitors and "the world at large," Rosenblatt Securities' Hans Mosesmann said in a Wednesday note. Caso hiked Nvidia's price target from $210 to $275. And in an about-face, Goldman Sachs' Toshiya Hari upgraded Nvidia to a buy rating and set a $275 price target.

☆ Upside surprises — Credit Suisse predicts these stocks will have a big 2023
▼ + stars: | 2023-01-26 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

Certain names will surprise to the upside in 2023, according to Credit Suisse, in what's expected to be another volatile year for the stock market. Credit Suisse predicts Carnival will see upside to estimates for earnings before interest, taxes, depreciation, and amortization (EBITDA) in 2023 and 2024. Carnival has 47% upside to Credit Suisse's $16 price target, as of Wednesday's close. CCL mountain 2020-01-26 Carnival's performance since late January, 2020 Meanwhile, FedEx had a challenging 2022 but could rally nearly 27%, according to Credit Suisse's $238 price target. Nvidia shares have more than 8% upside to Credit Suisse's $210 price target.

☆ Chip stocks tumbled in 2022. How to play the sector in the new year
▼ + stars: | 2023-01-08 | by ( Samantha Subin | ) www.cnbc.com time to read: +7 min

Semiconductor stocks suffered a series of blows in 2022 as demand for consumer discretionary items fell off a cliff and supply chain disruptions continued. Betting on semiconductor favorites Despite ongoing volatility, some analysts and investors are still betting on once high-flying names in 2023, even though the challenges of 2022 continue. One of those is Advanced Micro Devices, a chip stock commonly connected with PC and server chips that fell hard in 2022. Texas Instruments held up better than the rest of the semiconductor market in 2022, shedding a little more than 12%. Bailey is mostly shying away from former, rapid growth names, with small bets on ASML and Marvell for clients looking for possible higher growth.

☆ Forget next year. The tech downtrend may be in danger of leaking into 2024
▼ + stars: | 2022-12-22 | by ( Bob Pisani | ) www.cnbc.com time to read: +2 min

Weak outlook, reduced estimates, significant oversupply. Looking for an imminent bottom in global tech demand is proving very elusive, at least if you look at Micron's earnings report. "These are the most challenging conditions for the memory market since the financial crisis," Chris Caso at Credit Suisse said, after he looked over Micron's numbers. "Losses mount over significant oversupply," Joseph Moore at Morgan Stanley said. "In a rapidly deteriorating memory environment driven by inventory corrections/demand weakness across nearly every end market, pricing continues to be the biggest headwind to memory profitability/earnings," Harlan Sur at JPMorgan warned.

☆ Qualcomm is a top semiconductor pick with nearly 20% upside, Credit Suisse says
▼ + stars: | 2022-11-16 | by ( Sarah Min | ) www.cnbc.com time to read: +1 min

It's time for investors to buy Qualcomm , according to Credit Suisse. Analyst Chris Caso initiated the stock with an outperform rating, saying it's a good pick for investors limiting near term risk compared to other chip names. The analyst expects that investors have priced in enough bad news for Qualcomm, and that the stock has limited downside from here after losing roughly 31% in 2022 amid a broader pullback in semiconductor names. Instead, the analyst expects that Qualcomm will outperform from here, setting a $150 price target on the stock that implies 19% upside from Tuesday's closing price of $126.02 per share. The analyst also initiated coverage of other semiconductor names with outperform ratings that he says are longer-term growth names, such as Nvidia, Marvell, Advanced Micro Devices and Monolithic Power.

Search resuls for: "Chris Caso"

14 mentions found