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Cramer's lightning round: Celsius is a buy
  + stars: | 2023-10-31 | by ( Julie Coleman | ) www.cnbc.com   time to read: 1 min
Stock Chart Icon Stock chart icon New Fortress Energy's year-to-date stock performance. Stock Chart Icon Stock chart icon Celsius's year-to-date stock performance. Celsius : "I think that Celsius is a buy here." Stock Chart Icon Stock chart icon NCR Atleos' year-to-date stock performance. Stock Chart Icon Stock chart icon Kinsale Capital Group's year-to-date stock performance.
Persons: Wes Edens, Chubb Organizations: New Fortress Energy, NCR, Kinsale Capital Locations: Kinsale
Mike Hayford, President and CEO of NCR Corporation, rings the opening bell at the New York Stock Exchange (NYSE) in New York, U.S., November 7, 2018. Brink's, which is valued at about $6.2 billion including debt, moves cash around the world for its clients and provides ATM services among other things. It approached financial technology and software company NCR in recent months with the deal proposal, and negotiations could conclude as early as next week, the sources said. The sources cautioned that an agreement is not certain and asked not to be identified because the matter is confidential. Representatives for NCR and Brinks were not immediately available for comment.
Persons: Mike Hayford, Brendan McDermid, Brink's, morris, Svea Herbst, Bayliss, Mark Porter Organizations: NCR Corporation, New York Stock Exchange, REUTERS, NCR, NCR Corp, Representatives, Svea, Thomson Locations: New York, U.S
Bank of America reiterates Disney as buy Bank of America said it's standing by its buy rating on the stock. Morgan Stanley reiterates Ford as overweight Morgan Stanley said it's standing by its overweight rating on shares of Ford despite the United Auto Workers strike. Canaccord reiterates Tesla as buy Canaccord said its standing by its buy rating on Tesla ahead of its upcoming delivery numbers report. Morgan Stanley reiterates Apple as overweight Morgan Stanley said it's standing by its overweight rating on shares of Apple. Morgan Stanley reiterates Amazon as overweight Morgan Stanley said Amazon continues to be the "dominant" player in e-commerce.
Persons: Jefferies, Edward Jones downgrades Berkshire Hathaway, Edward Jones, Morgan Stanley, Ford, it's, Canaccord, Tesla, we've, Goldman Sachs, Raymond James, Bud Light, Apple, Amazon, Brinker, Stifel, Huntington Organizations: Jefferies, Ball Corporation, Bank of America, Disney, DIS, CYE23, Texas, 3Q23, Brands, Burger King, Ford, United Auto Workers, HSBC, FedEx, UPS, DHL, Nike, Immunology, " Bank of America, Anheuser, Busch InBev, of America, Apple, Citi Locations: Texas, QSR, North America, Asia, ZION
Importantly, the site is near Wright-Patterson Air Force Base and the headquarters of the U.S. Air Force Research Laboratories. With this announcement, that aspiration has been realized.”Political Cartoons View All 1163 ImagesThe Wright brothers, Orville and Wilbur, lived and worked in Dayton. Joby CEO JoeBen Bevirt told the AP that the company chose Ohio after an extensive and competitive search. 3 in the nation on manufacturing jobs — and that depth of manufacturing prowess, that workforce, is critical to us as we look to build this manufacturing facility. That included the loss of tens of thousands of auto and auto parts manufacturing jobs in the early 2000s and the loss of ATM maker NCR Corp.'s headquarters to an Atlanta suburb in 2009.
Persons: Wright, Mike DeWine, Jon Husted, ” Husted, Orville, Wilbur, Orville Wright's, Hawthorn Hill, Joby, JoeBen Bevirt, Bevirt, J.P, Nauseef, that’s, , ” Bevirt, DeWine —, John Glenn, Neil Armstrong Organizations: Joby Aviation Inc, ” Republican Gov, Associated Press, Intel, Dayton International, Republican, Gov, Patterson Air Force Base, U.S . Air Force Research Laboratories, , U.S, Hawthorn, Wright Model B, Toyota, Delta Airlines, Air Force, U.S . Department of Energy, AP, Boeing, Airbus, NCR Corp, U.S . Air Force’s, . Space Command, Space Force Locations: COLUMBUS , Ohio, Ohio, Wright, Dayton, Santa Cruz , California, “ Ohio, Atlanta, Springfield, Marina , California
CNN —At least 15 people were killed after a fire broke out at a house that was being used as a factory in the Metro Manila area on Thursday, CNN affiliate CNN Philippines reported, citing local authorities. Marcelo Ragundiaz, fire brigade chief for Barangay Tandang Sora district, said the homeowner’s child, whose age was not specified, was among those who died in the blaze in Quezon City. CNN is unable to verify the details of the incident independently, as calls to the Bureau of Fire Protection (BNF), BFP NCR Fire District 5 Quezon City, and emails to the local authorities of Quezon City were not answered. The Quezon City government will investigate whether the homeowner violated building and fire codes, and if they had permits to use the property as a commercial building, CNN Philippines reported. It comes just days after 10 people suffered burns and cuts resulting from a fire in a residential area of Quezon City on Sunday, according to CNN Philippines.
Persons: Marcelo Ragundiaz, Ragundiaz Organizations: CNN, CNN Philippines, Tandang, of Fire Locations: Metro Manila, Tandang Sora, Quezon City, CNN Philippines
"It seemed like a cool, innovative new company," Lam said. Starting in early 2022, the company poured millions of dollars into an experimental sales boot camp called Otter University. She joined the company in 2020 as Otter's head of sales enablement and helped dream up the idea of a sales boot camp a year later. Two former OtterU employees said that Law and another Otter executive urged managers to join their teams for late-night drinks following team dinners. But the late nights and free-flowing alcohol struck some OtterU employees as inappropriate for the workplace, especially when managers had to deal with hungover teams the next day.
Persons: Brian Lam, messaged, Travis, Lam, Uber, It's, Kalanick, voraciously, they're, Otter, wasn't, salespeople, Cory Epstein, Phoebe Law, Law, people's, , Kalanick's Uber, Otter's, Kate, Samul Beal, I'd, Beal, didn't, terminations, he'd, OtterU, I'm, grads, Salespeople, Guido Gabrielli, Keith Dunphy, Dunphy, Bram van Staalduinen, Phoebe Law's, Debra Glaser, Jen Zablotny, there's, Ordermark, Burger, Meghan, Darius Organizations: Texas, Otter, Storage Systems, Microsoft, Otter University, Law, Adobe, SAP, Houston, OtterU, hungover, NCR, Google, Brands, Houston Rockets Locations: Korean, Houston, Toronto, LA, Las Vegas, Miami, Seoul, South Korea, Houston ., OtterU, Otter, Canada
A series of bold investmentsExperts say much of India’s outbound growth trajectory is being driven by improvements in infrastructure and an expansion in its aviation sector. Morgenshtern says the rise in outbound tourism from India is the result of investment not just by the government but by private airlines as well. Air India, for example, is fully owned by Indian conglomerate Tata Sons. As part of its efforts to expand its offerings, the company announced earlier this year it will be operating flights under both the Air India brand and Air India Express, having previously merged the latter with Tata’s other low-cost airline, AirAsia India. In February, Air India purchased nearly 500 new planes, the most ever bought in one order by a single airline.
Persons: Omri Morgenshtern, it’s, Gary Bowerman, It’s, Delhi’s Indira, Morgenshtern, Indira, Bowerman, Jyotiraditya Scindia, , , Matthew Micah Wright, ” Morgenshtern, Arun Sankar, ” Bowerman, there’s Organizations: CNN, Reuters, Times, National Capital, Delhi’s Indira Gandhi International, Indira Gandhi International, Creative, Imaging, Air India, Tata Sons, Air India Express, AirAsia India, India, LCC, , Tata, US . Air India, Indigo, Civil Aviation, CAPA India Aviation Summit, Bank Locations: India, China, Noida, Jewar, Uttar Pradesh, Times of India, Delhi, Western Uttar Pradesh, Asia, ., India’s, Europe, Africa, Morgenshtern, France, Switzerland, Thailand, Malaysia, Indonesia, An, Vietnam, Southeast Asia, Singapore, Japan, Korea, Taiwan, Air China, Beijing, Shanghai, China Southern, Guangzhou, Northeast Asia
The biggest week of this earnings season showed us that things aren't as bad as many feared. The week ahead of earnings, including several more Club names, should tell us more. The results are always important, but it's the guidance and management commentary we will really hone in on to better understand the path ahead. In Amazon's case, a solid first quarter for its AWS cloud business was overshadowed by management seeing a material slowdown in April. ET: Nonfarm Payrolls Looking back It was the biggest week of this earnings season for the Club as several of our mega-cap holdings and industry bellwethers reported results.
With few economic releases and the earnings season starting to wind down, an appearance by Federal Reserve Chairman Jerome Powell Tuesday could be among the newsiest events for markets in the week ahead. The Fed chair is speaking at the Economic Club of Washington D.C. at midday Tuesday. If he wanted to walk back anything, he could have done it then," said Art Hogan, chief market strategist at B. Riley. Economists said Friday's surprisingly strong jobs report should encourage the Fed to push forward with planned rate hikes. Earnings, earnings, earnings But there continues to be earnings news.
With a stock price down 45% in the last year, though, it may soon find itself on the other side of the table. But it has $732 million in cash on hand, with zero debt, and analysts are projecting 16% revenue growth. This year, though, Varonis has come back to earth — its stock price has sunk over 57% in the last 12 months. However, with strong projected 2023 revenue growth of 18.6%, Zuora remains a strong target for PE firms. Its stock price has been hammered, going down about 40% this year and making it the subject of mergers-and-acquisitions chatter.
With a stock price down 45% in the last year, though, it may soon find itself on the other side of the table. But it has $732 million in cash on hand, with zero debt, and analysts are projecting 16% revenue growth. This year, though, Varonis has come back to earth — its stock price has sunk over 57% in the last 12 months. However, with strong projected 2023 revenue growth of 18.6%, Zuora remains a strong target for PE firms. Its stock price has been hammered, going down about 40% this year and making it the subject of mergers-and-acquisitions chatter.
Investors should stay on the sidelines for now when it comes to payments company NCR , according to Morgan Stanley. "Our analysis of past spin-offs shows little-to-no outperformance is realized during the period from spin announcement to the separation date, and in many cases, spin-offs have failed to create value long-term post-spin," Woodring wrote. We are less convinced on this front," the analyst wrote. The analyst cut his price target to $27 from $38. The new price target represents about 16.4% upside from Friday's closing price of $23.20 per share.
Take-Two Interactive (TTWO) – Take-Two shares slid 5.8% in the premarket after Bloomberg reported that a hacker released gameplay from its upcoming Grand Theft Auto IV game online. bluebird bio (BLUE) – bluebird bio rallied 7.3% in premarket trading after the Food and Drug Administration approved the company's gene therapy for a rare and lethal brain disease in children. Wix (WIX) – Wix shares jumped 4.5% in premarket action after activist investor Starboard Value revealed a 9% stake in the web development platform company. NCR (NCR) – NCR slid another 1.3% in the premarket on top of a 20.3% plunge Friday after Morgan Stanley downgraded the stock to "equal-weight" from "overweight." Adobe fell 1.3% in premarket trading after falling 16.8% last Thursday and another 3.1% on Friday.
Check out the companies making the biggest moves midday Monday:D.R. Horton, Lennar, PulteGroup — Homebuilder stocks moved higher on Monday after KeyBanc double upgraded the sector to overweight from underweight. Array Technologies — The solar stock jumped over 3% after Piper Sandler upgraded Array Technologies to overweight from neutral, saying the company has more upside ahead on an improved forward outlook. AutoZone — AutoZone shares fell more than 2% as traders pored over a mixed quarterly earnings report. Wix — Shares of Wix soared 11% after activist investor Starboard Value revealed a 9% stake in the web development platform company.
Oppenheimer reiterates Peloton as outperform Oppenheimer said it sees signs that Peloton's turnaround is starting to take hold. Bank of America reiterates Amazon as buy Bank of America noted that Amazon is poised to gain share, especially after FedEx's disappointing earnings report last week. JPMorgan reiterates Apple as overweight JPMorgan said in a note that demand remains "elevated" for Apple's latest iPhone models. Jefferies reiterates Bed Bath & Beyond as hold Jefferies said its analysis shows retailers such as Walmart and Target are key beneficiaries of Bed Bath & Beyond store closures. "After reviewing locations of upcoming Bed Bath store closures, we believe Walmart, Target, and Big Lots will be prime beneficiaries of sales transfer.
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FedEx received its first five of an order of 500 electric Light Commercial Vehicles (eLCVs) from BrightDrop. Snowflake - Shares of the cloud computing company dropped more than 6% as growth stocks led Friday's sell-off. The decline came even as Needham initiated coverage of Snowflake with a buy rating, as the Wall Street firm sees potential new uses for its platform. Adobe – Adobe's stock built on Thursday's declines, sinking just over 3% after a slew of downgrades from Wall Street analysts. Bank of America downgraded the technology stock to neutral as it awaits further clarity on Adobe's Figma acquisition.
Experții în securitate au lansat un nou avertisment pentru utilizatorii de Android, care ar trebui să-și șteargă anumite aplicații din telefon, fiind considerate periculoase. Mai exact, experții de la White Ops Satori Threat Intelligence au făcut publică o listă cu 240 de aplicații periculoase, pe care utilizatorii ar trebui să le dezinstaleze din telefon, întrucât îi bombardează cu reclame frauduloase. „Aceste aplicații te pot face să crezi că reclamele sunt generate de aplicații populare, inclusiv Youtube și Chrome”, atrag atenția experții, într-o postare făcută pe blog. Din fericire, această aplicație ce părea să funcționeze ca o reclamă, a fost ștarsă din Google Play. Acești specialiști în securitate, însă, îți propun să descoperi care sunt aplicațiile care sunt considerate periculoase și să le dezinstalezi imediat din telefon.
Persons: Experții, Mai, de, atenția, În timpul, ori, Din fericire, specialiști, dintre, Jake Moore, în, com.adventuregame.inforestisland Organizations: Google, securitate Locations: jos
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