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Market Movers rounded up the latest reactions on Goldman Sachs from investors and analysts. The pros, including Jim Cramer , discussed the investment bank after CEO David Solomon addressed Wall Street's concerns about his company in an interview with CNBC . He responded to recent negative news reports on his leadership style at the firm. Goldman's CEO also said he remains optimistic for capital market performance with a slew of tech initial public offerings looming. The stock ended Friday with a 1.1% gain, but it's down more than 5% for the year.
Persons: Goldman Sachs, Jim Cramer, David Solomon, Wall Organizations: CNBC
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGoldman Sachs gains 1% as CEO addresses investor concerns. Here's what the pros sayJim Cramer, Mike Mayo of Wells Fargo, Steve Weiss of Short Hills Capital and Jason Snipe of Odyssey Capital Partners discussed Goldman Sachs after CEO David Solomon talked with CNBC Friday morning about recent negative reports on his management style and workplace culture.
Persons: Goldman Sachs, Jim Cramer, Mike Mayo, Steve Weiss, Jason Snipe, David Solomon Organizations: Short Hills Capital, Odyssey Capital Partners, CNBC Locations: Wells Fargo
Friday, Sept. 8, 2023: Cramer sees bargains in these stocksJim Cramer and Jeff Marks discuss how they are seeing buying opportunities being created after a tough week for the market. Jim explains why Club members should not worry about a megacap tech holding's recent decline ahead of its annual new product launch event next week. Finally, Jim shares an economic scenario where he could see the Federal Reserve raising interest rates once again.
Persons: Cramer, Jim Cramer, Jeff Marks, Jim Organizations: Federal Reserve
Market Movers rounded up the best reactions on Disney from investors and analysts. The experts talked about Disney after its stock rebounded off a nine-year low of $82.46 during Friday's trading session. The entertainment giant has been under pressure with shares down 4% year to date and nearly 30% from this time a year ago. The struggles come amid a new report from The Information saying Amazon is in talks with Disney on an ESPN streaming platform. The stock is currently held in Jim Cramer's Charitable Trust portfolio.
Persons: Jim Cramer's Organizations: Disney, ESPN, Trust
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
Market Movers rounded up the best reactions on Foot Locker from investors and analysts. The experts, including Jim Cramer , talked about the footwear retailer after it slashed guidance for the second time this year , five months after issuing it. Foot Locker's second-quarter earnings met Wall Street estimates, but sales missed, falling nearly 10%. The stock hit a new 52-week low during intraday trading Wednesday, closing down 28%. The stock Is currently held in Cramer's Charitable Trust portfolio.
Persons: Jim Cramer, Foot Locker's Organizations: Trust
Wednesday, Aug. 23, 2023: Cramer urges members not to buy this falling stockJim Cramer and Jeff Marks share a lesson for Club members after a retail portfolio holding plummets following their latest earnings report. Jim shares what he expects from Nvidia's earnings call coming after Wednesday's closing bell. Jim and Jeff also discuss a tech stock that could be in a good position to buy right now.
Persons: Cramer, Jim Cramer, Jeff Marks, Jim, Jeff
Market Movers rounded up the best reactions on Lowe's from investors and analysts. The experts, including Jim Cramer , discussed the home improvement retailer following the release of its second-quarter earnings results . Revenue fell slightly short of analyst expectations while earnings beat estimates. CEO Marvin Ellison said thriftier consumers led to weaker discretionary sales, but he feels good about the company's long-term outlook due to low, aging inventory in the housing market. Shares of the stock finished 3.8% higher Tuesday.
Persons: Jim Cramer, Marvin Ellison, Lowe's Organizations: Revenue
Tuesday, Aug. 22, 2023: Cramer adds to this Club positionJim Cramer and Jeff Marks discuss why they are adding to a position in the portfolio. Jim lays out what Club members should look for when buying stocks as the S&P Oscillator shows oversold conditions and discusses one company that could be a good place to start. Jim and Jeff also preview Nvidia's earnings due out after Wednesday's market close.
Persons: Cramer, Jim Cramer, Jeff Marks, Jim, Jeff Organizations: Club
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPalo Alto Networks soars 15% after earnings report. What the pros say to do nextJim Cramer, Dan Ives of Wedbush Securities, Joe Terranova of Virtus Investment Partners and Steve Weiss of Short Hills Capital discussed Palo Alto Networks after the cybersecurity company reported better-than-expected earnings.
Persons: Jim Cramer, Dan Ives, Joe Terranova, Steve Weiss Organizations: Wedbush Securities, Virtus Investment Partners, Short Hills Capital, Palo Alto Networks
Monday, Aug. 21, 2023: Cramer buys more of these two stocksJim Cramer and Jeff Marks share why they are buying more shares of two portfolio holdings after exiting an oil position. Jim breaks down the latest earnings report from Palo Alto Networks and what it means for the company's near-term outlook. Jim also discusses what stocks are in good position to be bought with the S&P Oscillator showing oversold market conditions.
Persons: Cramer, Jim Cramer, Jeff Marks, Jim Organizations: Palo Alto Networks
Market Movers rounded up the best reactions on Nvidia from investors and analysts. The experts discussed the chipmaker as it prepares to release its second-quarter financial results Wednesday. This comes after Nvidia catapulted to a $1 trillion market cap in the days following their last earnings report. Rosenblatt Securities upped its price target to $800 per share , the highest on Wall Street. Hans Mosesmann, the analyst who made the call , told CNBC Friday that 'an AI cycle the likes never seen before will help Nvidia nearly double in value.'
Persons: Hans Mosesmann, Jim Cramer's Organizations: Nvidia, Rosenblatt Securities, CNBC, Trust
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWall Street previews highly-anticipated Nvidia earnings. How the pros are playing the stockMark Newton of Fundstrat, Hans Mosesmann of Rosenblatt Securities, Josh Brown of Ritholtz Wealth Management, Brian Belski of BMO Capital Markets and Lee Munson of Portfolio Wealth Advisors discussed Nvidia as the chipmaker prepares to announce its much-anticipated second-quarter earnings Wednesday.
Persons: Mark Newton of Fundstrat, Hans Mosesmann, Josh Brown, Brian Belski, Lee Munson Organizations: Rosenblatt Securities, Ritholtz Wealth Management, BMO Capital Markets, Nvidia
On Thursday's "Ask Halftime," traders answered questions from CNBC Pro subscribers about which stocks to buy, hold or sell right now. Jenny Harrington of Gilman Hill Asset Management discussed why she sees Thermo Fisher Scientific as a stock worth holding for the long term. Capital Wealth Planning's Kevin Simpson shared his thesis on investing in Lockheed Martin and why now is a good entry point to buy shares.
Persons: Jenny Harrington, Kevin Simpson, Lockheed Martin Organizations: CNBC Pro, Management, Lockheed
Market Movers rounded up the best reactions from investors and analysts on Target . Target's earnings beat analysts' expectations, but sales fell short. The company also cut its full-year sales and profit guidance as it tries to win over more cost-conscious customers. Target shares had touched a 52-week low Tuesday. The stock surged during premarket trading Wednesday and ended the session with a nearly 3% gain.
Persons: Jim Cramer Organizations: Target
Wednesday, Aug. 16, 2023: Cramer says he's not selling this surging retailerJim Cramer and Jeff Marks break down what they are seeing in the market as the S&P Oscillator shows oversold conditions. For that reason, Jim says he is not selling a retail stock in the portfolio despite a post-earnings jump. Jim and Jeff also discuss fresh analyst upgrades to two Club stocks and what they mean for their outlook.
Persons: Cramer, he's, Jim Cramer, Jeff Marks, Jim, Jeff
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTarget pares post-earnings gains. Here's what the pros say to do nextJim Cramer, Michael Baker of D.A. Davidson, Stephanie Link of Hightower Advisors, Karen Firestone Aureus Asset Management and Steve Weiss of Short Hills Capital discussed Target after shares surged following its second-quarter earnings report then slowed into Wednesday's market close.
Persons: Jim Cramer, Michael Baker of D.A, Davidson, Stephanie Link, Karen Firestone, Steve Weiss Organizations: Hightower Advisors, Asset Management, Short Hills
Market Movers rounded up the best reactions from investors and analysts on Disney . Disney reported mixed results after the market closed on Wednesday, then announced price hikes for its streaming platforms if viewers want to watch without ads. In the latest quarter, operating losses at the streaming service narrowed to $512 million, and Disney+ subscribers declined by a record 11.7 million, bringing its total to 146.1 million. Despite the drop-off, CEO Bob Iger expressed confidence that Disney+ wouldn't be hurt by the higher prices as an earlier increase in late 2022 didn't result in a significant loss of subscribers. The stock finished Thursday with a gain of nearly 4.9% The stock is also held in Cramer's Charitable Trust portfolio.
Persons: Jim Cramer, Bob Iger Organizations: Disney, Trust
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDisney shares rise after streaming losses, price hikes. How the pros are playing itJim Cramer, Ken Leon of CFRA Research, Michael Nathanson of MoffettNathanson, Jenny Harrington of Gilman Hill Asset Management, Josh Brown of Ritholtz Wealth Management and Jim Lebenthal of Cerity Partners discussed Disney after the company's third-quarter earnings call laid out plans to hike prices on their streaming platforms.
Persons: Jim Cramer, Ken Leon, Michael Nathanson, MoffettNathanson, Jenny Harrington, Josh Brown, Jim Lebenthal Organizations: Disney, CFRA Research, Asset Management, Ritholtz Wealth Management, Cerity Partners
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDatadog losses steepen after post-earnings downgrade. Here's what the pros are sayingJim Cramer, Joe Terranova of Virtus Investment Partners and Amy Raskin of Chevy Chase Trust discussed Datadog after the cloud provider was hit with an analyst downgrade following at 17% post-earnings decline.
Persons: Jim Cramer, Joe Terranova, Amy Raskin Organizations: Virtus Investment Partners, Chevy Chase Trust
Market Movers rounded up the best reactions from investors and analysts on Eli Lilly . The experts, including Jim Cramer , discussed the drugmaker after it reported second-quarter revenue and earnings Tuesday that beat Wall Street estimates. Shares of Eli Lilly hit an all-time high during intraday trading, perhaps also getting a boost from a Novo Nordisk trial. The study found Novo Nordisk's obesity drug Wegovy, which shares some similarities with Lilly's Mounjaro, cut the risk of heart disease in participants by 20%. Eli Lilly's stock finished the day about 14.9% higher.
Persons: Eli Lilly, Jim Cramer, Lilly's, Eli Lilly's Organizations: Wall, Novo Nordisk, Trust
Market Movers rounded up the best reactions from investors and analysts on Apple . The experts, including Jim Cramer , talked about the world's most valuable tech company as shares continued their post-earnings slide. Apple beat estimates on both the top and bottom line for its fiscal third quarter Thursday. Apple was the worst performer in the Dow Jones Industrial Average during Monday's session, notching its fifth-straight losing day. Despite the recent downturn, shares are up more than 37% this year.
Persons: Jim Cramer, Barton Crockett Organizations: Apple, Rosenblatt Securities, Dow Jones
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailApple extends post-earnings declines. Here's what the pros are sayingJim Cramer, Stephanie Link of Hightower Advisors, Gene Munster of Deepwater Asset Management, Barton Crockett of Rosenblatt Securities, Joe Terranova of Virtus Investment Partners and Jason Snipe Odyssey Capital Advisors discussed Apple as the stock continued to fall following its worst week of 2023.
Persons: Jim Cramer, Stephanie Link, Gene Munster, Barton Crockett, Joe Terranova, Jason Organizations: Apple, Hightower Advisors, Deepwater Asset Management, Rosenblatt Securities, Virtus Investment Partners, Capital
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailQualcomm freefalls as phone chip sales falter. Here's what the pros are sayingJim Cramer, Jim Lebenthal of Cerity Partners and Bill Baruch of Blue Line Futures discussed Qualcomm after the company reported weaker-than-anticipated revenue and guidance in their third-quarter financial results.
Persons: Jim Cramer, Jim Lebenthal, Bill Baruch Organizations: Qualcomm, Cerity Partners, Blue
Market Movers rounded up the best reactions from investors and analysts on Qualcomm . The experts, including Jim Cramer , talked about the semiconductor company a day after it had reported fiscal third-quarter adjusted revenue and guidance that missed estimates. Qualcomm cited slowing smartphone chip sales as a source for its financial woes, which declined 25% on a year-over-year basis. Deutsche Bank noted the slumping handset chip sales as it downgraded Qualcomm's stock to hold from buy. Shares finished Thursday down 8.2%.
Persons: Jim Cramer Organizations: Qualcomm, Deutsche Bank
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