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☆ The 2 biggest events for Wall Street next week couldn’t be more different
▼ + stars: | 2024-03-16 | by ( Zev Fima | ) www.cnbc.com time to read: +6 min

Investors will listen for the central bank's latest perspective on interest rates following the hotter-than-expected CPI and PPI reports this week. As members know, the market is looking for any signs of further disinflation in the housing market as shelter cost inflation remains the Fed's biggest concern. No club names report earnings next week, but we can't wait to see what Nvidia has to show us at its GTC AI developer conference . Other key reports include KB Home on Wednesday, which will provide a real-time look at the state the housing market, unlike the backward-looking housing reports. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: we'll, That's, Jerome Powell's, We're, Jensen, Jim Cramer, Huang, He'll, Lululemon, General Mills, OLLI, LULU, Jim Cramer's, Jim, Jerome Powell, Leah Millis Organizations: Dow, Nasdaq, PPI, Nvidia, Blackwell, CNBC, Micron Technology, Citi, Micron, Broadcom, Nike, FedEx, Music Entertainment, ZTO, Signet Jewelers, SIG, Sportradar, Micron Tech, KB, Worthington Industries, Accenture, Darden, Academy Sports &, Lufax, Brands, Winnebago Industries, Commercial Metals Company, Jim Cramer's Charitable, U.S . Federal, Federal, Market Locations: U.S, California, China, Washington , U.S

☆ Baidu’s live streaming plans suffer as it calls off $3.6 billion Joyy deal
▼ + stars: | 2024-01-01 | by ( Anna Cooban | ) edition.cnn.com time to read: +2 min

London CNN —Baidu’s bid to expand its live streaming business in China and diversify its revenue has suffered a blow with the collapse of a planned $3.6 billion acquisition. The Chinese tech giant announced Monday that one of its affiliate companies had terminated a 2020 agreement with Nasdaq-listed Joyy (YY), the owner of popular live streaming platform YY Live. Baidu CEO Robin Li said at the time that the acquisition would “catapult Baidu into a leading platform for live streaming and diversify our revenue source.”Like other live streaming platforms in China, YY Live makes money from users who buy virtual gifts for performers. Live streaming revenues fell by nearly 9% to $495.8 million. But as China’s economic outlook deteriorates, Beijing has shown signs of easing the crackdown, frequently talking up tech companies’ role in the economy.

Persons: London CNN —, ” Joyy, “, Robin Li, Joyy Organizations: London CNN, Nasdaq, Baidu, Hong Kong Stock Exchange, Big Tech Locations: China, , Beijing

☆ JPMorgan upgrades this Chinese social media platform, says it can surge more than 50%
▼ + stars: | 2023-04-14 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

China's live streaming sector could return to growth this year after losing 2% in 2022, and shares of Hello Group can capitalize on that trend, according to JPMorgan. MOMO YTD mountain MOMO was a standout among US traded Chinese stocks for JPMorgan, and the company could return to positive revenue growth in 2023. Hello Group isn't the only company that will benefit from a rebound in live streaming in China. Some of the firm's other top picks in the Chinese live streaming space include Kuaishou , Bilibili , Tencent Music Entertainment , and Joyy . "We are positive on the strong growth outlook for its various business segments (ads, eCommerce, live streaming) and expect it to achieve full-year profitability in 2023," Chen said.

☆ Wall Street analysts love these emerging market stocks that all trade in the U.S.
▼ + stars: | 2023-03-30 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

While U.S. and European investors continue to navigate a banking crisis, high inflation and slower earnings growth, a host of emerging markets stocks beloved by Wall Street analysts are expected to surge higher. Emerging markets equities had an optimistic start to the year as China reopened its economy, and as high inflation showed signs of easing. In 2023, the iShares MSCI Emerging Markets ETF (EEM) is up 4.4% through Thursday's open. In fact, some emerging markets stocks that are also listed in the U.S. could be due for huge upside. These names are included in exchange traded funds such as the the iShares MSCI Emerging Markets ETF, Vanguard FTSE Emerging Markets ETF, iShares Core MSCI Emerging Markets ETF, the Schwab Emerging Markets Equity ETF or the SPDR Portfolio Emerging Markets ETF.

☆ These are Wall Street analysts' favorite global stocks for U.S. investors
▼ + stars: | 2023-03-05 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

Nearly 70% of analysts covering the stock rate it a buy, with the average price target implying upside of roughly 20%. The average price target on Legend Biotech implies upside of 56.6%. More than 81% of analysts covering the stock rate it a buy. Streaming company Joyy made the list as well, with nearly 80% of analysts covering the stock rating it as buy. The average price target on the stock implies upside of 44%.

☆ Stocks finish higher as the Street awaits key inflation data next week
▼ + stars: | 2022-11-25 | by ( Zev Fima | ) www.cnbc.com time to read: +4 min

Stocks finished higher on this holiday-shortened trading week, with all the major U.S. averages posting gains. Under the hood, all sectors closed higher for the week, led by utilities, materials and financials. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. The U.S. Federal Reserve, alongside global central banks, has been trying to get a handle on soaring inflation.

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