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☆ 12 portfolio companies report earnings in the week ahead. What we want to hear from each
▼ + stars: | 2024-04-27 | by ( Zev Fima | ) www.cnbc.com time to read: +15 min

The action quickly and sharply reversed back to the upside Friday after blowout earnings reports from Alphabet and Microsoft . In the week ahead, earnings are likely to drive the action again, though we'll get a few important macroeconomic reports. Earnings: We've got the biggest week of the earnings season ahead of us, with 12 Club holdings set to report. Eli Lilly 's report Tuesday morning continues to be all about sales of type-2 diabetes treatment Mounjaro and weight-loss drug Zepbound. In DuPont 's report Wednesday morning, we're looking for a continued rebound in its semiconductor business following a sequential increase last quarter.

Persons: Ford, we'll, Dow Jones, We've, Buckle, Eaton, Eli Lilly, Lilly, We're, Estee Lauder, Fabrizio Freda, we've, Linde, Bausch, Royal Philips, Woodward, SIRI, Archer, Johnson, Stanley Black, Decker, BAX, Cardinal Health, Parker, Belden, Jim Cramer's, Jim Cramer, Jim Organizations: Nasdaq, Microsoft, Meta, Google Search, Big Tech, Nvidia, Broadcom, Ford Motor, Honeywell, Danaher, Labor Department, Labor, PMI, Services PMI, GE Healthcare, Amazon Web Services, Starbucks, Deutsche Bank, DuPont, Bausch Health, U.S ., Appeals, Apple, iPhones, Vision, ON Semiconductor, Resource Partners, Franklin Resources, Paramount, Transocean Ltd, Semiconductors, Arch Capital, Logitech International, Lattice Semiconductor, F5 Networks, Sanmina Corporation, GE HealthCare, PayPal, 3M Company, McDonalds, Enterprise Products Partners, Cola Company, Melco Resorts, Entertainment, SiriusXM Holdings, Oatly, American Electric Power Company, Leidos Holdings, Marathon Petroleum, Daniels, Midland Co, Equitrans Midstream Corporation, HSBC Holdings, HSBC, Devices, Caesars Entertainment, Lumen Technologies, Mondelez, Pfizer, CVS Health, Barrick, Mastercard Inc, Cruise Line Holdings Ltd, Kraft Heinz Company, Marriott International, Ares, Generac Holdings, Johnson Controls, Cenovus Energy Inc, Qualcomm, Devon Energy, Paycom, Axcelis Technologies, Coeur D'Alene Mines, Sunnova Energy International, MGM Resorts International, MGM, Solar Inc, Oil, Allstate, Co, Tenable Holdings, Enovix Corporation, Gladstone Capital, Avis Budget Group, eBay, EBAY, LIN, Novo Nordisk, Natural Resources, PENN Entertainment, Apache, ConocoPhillips, InMode Ltd, Baxter International, Cardinal, Regeneron Pharmaceuticals, Apollo Global Management, LLC, Cinemark Inc, Dominion Energy, Coterra Energy, Coinbase, Bill.com Holdings, Booking Holdings, United States Steel, AXT Inc, Materials, Energy, Hershey Company, XPO Logistics, Cboe, American Pipeline, Amneal Pharmaceuticals, Brookfield Business Partners, Brookfield Renewable Corporation, Magna International, Jim Cramer's Charitable, CNBC, Traders, New York Stock Exchange, Bloomberg, Getty Locations: U.S, megaprojects, China, Eaton, Corning, Coeur D'Alene, Albemarle, ALB, Novo, New York

☆ The Fed will be the main event in the week ahead that includes a jobs report, more tech earnings
▼ + stars: | 2024-04-26 | by ( Sarah Min | ) www.cnbc.com time to read: +6 min

On top of that, the latest U.S. jobs market scorecard will be released along with more mega-cap earnings. This week, the U.S. 10-year Treasury yield briefly climbed above 4.7% for the first time since November. That's down sharply from the six or seven rate cuts investors were anticipating coming into the year. April jobs Investors will also get an update on the labor picture next week, with the release of the April nonfarm payrolls report set for Friday. Corporate earnings season will also ramp up in the week ahead with a slew of consumer-facing companies set to report.

Persons: Stocks, Powell, David Alcaly, Jerome Powell's, we've, they're, Brian Nick, Matt Stucky, it's, Stucky, Dow Jones, Nick, Archer, Eli Lilly, Kraft, Estee, Ingersoll Rand, Stanley Black, Decker, Hershey Organizations: Nasdaq, Google, Microsoft, Treasury, Lazard Asset Management, Macro, Northwestern Mutual Wealth Management Company, Fed, Apple, Micro Computer, Dallas Fed, Paramount, ON Semiconductor, Chicago PMI, Prudential Financial, Devices, Storage, Diamondback Energy, Caesars Entertainment, Corning, Daniels, Midland, Molson Coors Beverage, Marathon Petroleum, GE Healthcare Technologies, PayPal, ADP, P Global, Manufacturing, Oil, MGM Resorts International, Allstate, Etsy, eBay, Qualcomm, MetLife, First, Devon Energy, Cruise Line Holdings, Brands, Marriott International, Kraft Heinz, Pfizer, Companies, CVS Health, Generac, Mastercard, Labor, Nation Entertainment, Booking Holdings, Natural Resources, Motorola Solutions, Expedia, EOG, Coterra Energy, Dominion Energy, Howmet Aerospace, ConocoPhillips, Moderna, PMI, Services PMI Locations: U.S, Chicago, McDonald's, Albemarle, EOG Resources

☆ Why semiconductors could be the most efficient artificial intelligence play
▼ + stars: | 2024-04-18 | by ( Anna Gleason | ) www.cnbc.com time to read: +2 min

Investing in semiconductors may be the most efficient way to play the artificial intelligence boom, according to VanEck's CEO. "Semiconductors have become the heart of the AI trade," Jan van Eck told CNBC's "ETF Edge" this week. His firm's VanEck Semiconductor ETF (SMH) , which tracks 25 of the biggest chipmakers in the country, is up 21% this year as of Wednesday's close. However, SMH has fallen nearly 6% this month, led to the downside by Intel , AMD and On Semiconductor . Still, Akins advises investors to pay attention to semiconductor fund flows as a barometer for future performance.

Persons: Jan van Eck, CNBC's, SMH, it's, Van Eck, van Eck, Mike Akins, Akins, pare Organizations: Semiconductors, Semiconductor, Intel, AMD, Nvidia

☆ I was a consultant at McKinsey. Here's the frustrating way they pushed me out.
▼ + stars: | 2024-04-14 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +6 min

AdvertisementThis is an as-told-to conversation with Ezra Gershanok, a former Business Analyst at McKinsey & Company and the cofounder of sublet startup Ohana. I was hired straight out of college as a Business Analyst, an entry-level consultant role at the firm. Related storiesFor me, the pace of the work started to slow down in the second half of 2021 and into 2022. Several jobs at the firm started to be seen as redundant. So, it's possible to get positive feedback from the clients you're working with and your direct manager, even when the higher-ups are trying to push you out.

Persons: Ezra Gershanok, Gershanok, Zillow, —, McKinsey doesn't, I'd, Ohana, We've, Spencer Rascoff, Surabhi Gupta, they're, Lakshmi Organizations: McKinsey & Company, Post, McKinsey, Service, Apple, Engineering Locations: Seattle, sublease, NYC, Lakshmi Varanasi, lvaranasi@businessinsider.com

☆ The Taiwan earthquake is a stark reminder of the risks to the region’s chipmaking industry
▼ + stars: | 2024-04-03 | by ( Clare Duffy | ) edition.cnn.com time to read: +6 min

Chipmakers and governments, including the US government, have in recent years invested billions in efforts to diversify chip production, but many experts worry that process is not happening fast enough. TSMC produces an estimated 90% of the world’s most advanced semiconductor chips, which power countless devices people rely on daily. Still, even an hours-long shutdown of certain chip production could take weeks to recover from. The race to diversify chipmakingWednesday’s earthquake will likely only add pressure to efforts underway for years to grow chipmaking capacity outside of Taiwan. Experts say it’s a sign that the diversification of the chip supply chain is not moving quickly enough to account for the risks of remaining concentrated in Taiwan.

Persons: chipmaker, TSMC, ” TSMC, ”, David Bader, ” Bader, facilites, wasn’t, Joe Unsworth, Foxconn —, Angelo Zino, Joe Biden Organizations: New, New York CNN, Taiwan Semiconductor Manufacturing Company, Apple, Qualcomm, Nvidia, AMD, Institute for Data Science, New Jersey Institute of Technology, Barclays, Tech, United Microelectronics Corporation, Micron Locations: New York, Taiwan, chipmaking, China, United, Japan, Germany, United States, Arizona

☆ Jim Cramer says buy the dip in shares of this quality company of household brand names
▼ + stars: | 2024-04-03 | by ( Morgan Chittum | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. During the Club's Morning Meeting, Jim Cramer said he's monitoring the potential impact of the massive earthquake in Taiwan on semiconductor production there. Jim Cramer called Eaton the "most megatrend big cap story there is," citing positives for the company from industrialization and artificial intelligence. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

Persons: Jim Cramer, Eaton, Jim, Procter, Estee Lauder, Jim Cramer's Organizations: CNBC, ADP, Treasury, Wall, Barclays, Procter, Gamble, JPMorgan Locations: Taiwan

☆ Japan approves additional $3.9 billion in subsidies for semiconductor firm Rapidus to meet chip goals
▼ + stars: | 2024-04-02 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com time to read: +1 min

Japan said Tuesday it has approved up to 590 billion yen ($3.89 billion) in additional subsidies for chipmaker Rapidus Corporation, as the country plays catch up with other nations on semiconductor manufacturing. Rapidus Corporation was founded in 2022 by the Japanese government and eight domestic companies to develop and manufacture advanced semiconductors. Toyota Motor Corporation, Sony Group are among the companies that have invested billions of yen in Rapidus. Rapidus has received 330 billion yen from the Japanese government between 2022 and 2023 to mass produce 2-nanometer chips in Chitose, Hokkaido, from 2027. TSMC and Samsung currently produce 3-nanometer chips, while Rapidus is currently constructing an advanced semiconductor plant in Chitose.

Persons: Rapidus Organizations: chipmaker Rapidus Corporation, Japan's Ministry, Economy, Trade, Industry, Rapidus Corporation, Toyota Motor Corporation, Sony Group, Taiwan Semiconductor Manufacturing Company, South, Samsung Electronics, Samsung, IBM Locations: Japan, Rapidus, Chitose , Hokkaido, Chitose .

☆ A global scramble to make humanoid robots is gearing up to be the 21st century's space race
▼ + stars: | 2024-03-30 | by ( Joshua Zitser | Jyoti Mann | ) www.businessinsider.com time to read: +11 min

Humanoid robots are symbols of power and technological capability, a geopolitics expert says. An incident earlier this month involving a Saudi humanoid robot inappropriately touching a female reporter might not at first seem even remotely connected. AdvertisementHumanoids are visual representations of breakthroughs in AIIn Italy, the Istituto Italiano di Tecnologia is working on iCub, a research-grade humanoid robot. AdvertisementChina wants to take the leadWhen it comes to humanoid robots, China is vying for the top spot, so it's no wonder other nations are getting nervous. "The vast magnitude of the market offers an unmatched chance to test, improve, and expand the uses of humanoid robots," he said.

Persons: —, Neil Armstrong's, Muhammad, Elie Metri, Giorgio Metta, Metta, there's, Zen Koh, Koh, Peggy Johnson, Johnson, it's, David Becker, OpenAI, Mercedes, Tesla, Julian Mueller, Kaler, Mueller, Tang Ke, Li Boyang, Will Jackson, Johannes Simon, you've, Jackson, we're, Gartner, Nvidia's, Melonee Wise, Justin Sullivan, Metri Organizations: Service, Robotics, QSS Robotics, Muhammad, Istituto, Tecnologia, European Union, Ministry of Industry, Information Technology, Fourier Intelligence, Getty, BMW, Strategic Foresight, Stimson, TIME, Beijing, Conference, Boston Dynamics, Arts, Engineered Arts, GTC, Getty Images Saudi Locations: China, Saudi Arabia, Italy, Soviet Union, Saudi, DeepFest, Riyadh, Robotics Saudi Arabia, India, Nigeria, Shanghai, Oregon, Las Vegas, Texas, Beijing, China's Liaoning Province, San Jose , California, Getty Images Saudi Arabia, QSS, Europe

☆ Opinion | Can Intel Serve Two Masters?
▼ + stars: | 2024-03-29 | by ( Peter Coy | ) www.nytimes.com time to read: +2 min

This week I interviewed Pat Gelsinger, the chief executive of Intel, which is one of the most important companies in the United States. To Biden and Commerce Secretary Gina Raimondo, the special thing about Intel is that it doesn’t just design chips in the United States, as, for example, the current stock market darling Nvidia does. It’s planning to spend $100 billion over five years on manufacturing and research and development projects in Arizona, New Mexico, Ohio and Oregon. While all three of those rivals have some U.S. production, Intel is the only one that has U.S. headquarters and its most advanced production and process technology R & D in the United States. Raimondo, at the announcement in Arizona, called Intel “America’s champion semiconductor company.”

Persons: Pat Gelsinger, Biden, Gina Raimondo, “, Raimondo, ” Organizations: Intel, Biden, Nvidia, Commerce Department, T.S.M.C, Samsung Locations: United States, Arizona , New Mexico , Ohio, Oregon, Taiwan, South Korea, Abu Dhabi, Arizona

☆ Cathie Wood's ARK ETF is forming a bottoming pattern, poised for a breakout, according to the charts
▼ + stars: | 2024-03-27 | by ( Frank Cappelleri | ) www.cnbc.com time to read: +4 min

But following more than a year of erratic behavior from Cathie Wood's flagship vehicle, the ARK Innovation Fund appears to be forming a basing pattern that could herald a breakout ahead. Bullish pattern developing However, the ETF deserves our attention from a technical perspective since it could be getting closer to breaking out of a two-year basing pattern. And as the chart shows, this has prompted a second bullish formation to be constructed – a big cup and handle pattern. If a breakout through the two-year base does occur, the odds suggest that it will get traders' attention once again. If nothing else, it's important to understand what you're investing in, especially a very active ETF like ARKK.

Persons: ARKK, That's, Price, Tesla, It's Organizations: Innovation, Google, VanEck Semiconductor, Coinbase Locations: ARKK

☆ Nvidia CEO on the next generation of semiconductors and computing
▼ + stars: | 2024-03-19 | 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 CEO on the next generation of semiconductors and computingNvidia CEO Jensen Huang joins 'Squawk on the Street' to discuss what Nvidia's doing with its next-generation semiconductors, the theory behind accelerated computing, and more.

Persons: Jensen Huang

☆ Watch CNBC's full interview with Nvidia CEO Jensen Huang
▼ + stars: | 2024-03-19 | 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 EmailWatch CNBC's full interview with Nvidia CEO Jensen HuangNvidia CEO Jensen Huang joins 'Squawk on the Street' to discuss what Nvidia's doing with its next-generation semiconductors, the theory behind accelerated computing, and more.

Persons: Jensen Huang Organizations: Nvidia, Jensen Huang Nvidia

☆ Monetary vs. fiscal policy: How each works and their impact on the stock market
▼ + stars: | 2024-03-10 | by ( Zev Fima | ) www.cnbc.com time to read: +17 min

In contrast, monetary policy refers to actions taken by a country's authority on money — the Federal Reserve in the U.S. — to reach a desired economic outcome. Fiscal policy and monetary policy are implemented independently, even as one impacts the other. Expansionary fiscal policy combined with contractionary monetary policy. Contractionary fiscal policy combined with expansionary monetary policy. Now consider a situation in which the Fed is easing its monetary policy while Washington raises taxes, thus reducing after-tax income.

Persons: it's, we've, Apple, Jim Cramer's, Jim Cramer, Jim Organizations: Federal, White House, nab, Federal Reserve, U.S, CNBC, Treasury, Fed, Companies, Jim Cramer's Charitable Locations: U.S, Washington

☆ This Goldman portfolio of lean and mean stocks has trounced the market the last 2 decades
▼ + stars: | 2024-03-04 | by ( Hakyung Kim | ) www.cnbc.com time to read: +3 min

Semiconductor giant Nvidia has an asset intensity ratio of just 0.5, according to Goldman. NVDA 1Y mountain Nvidia shares over the last year Another chipmaker in the basket is Broadcom . Match Group has a 0.3 asset intensity ratio. The company has an asset intensity ratio of 0.4. All but two of the 19 analysts who cover Live Nation rate it a strong buy or buy, per LSEG.

Persons: Goldman Sachs, Goldman, Jenny Ma, Ma, LSEG, — CNBC's Michael Bloom Organizations: Semiconductor, Nvidia, Broadcom, chipmakers Micron Technology, Intel, Telecommunication, Verizon, Mobile

☆ Jim Cramer explains why the market rallied on Thursday
▼ + stars: | 2024-02-29 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer told investors why he thinks the market was able to rally on Thursday, citing continued momentum in the tech sector and new inflation data suggesting the economy might be amenable to interest rate cuts. The Nasdaq Composite advanced to its first record high since 2021, popping 0.9% as tech and chip stocks saw gains. Salesforce also issued a light forecast on Wednesday night, but the stock managed to recover and finished up about 3% on Thursday, bringing up other tech stocks with it, Cramer said. And a "usually tempered" Citi analyst indicated on Thursday he was bullish on semiconductors, which bodes well for AI stocks, according to Cramer. "Now, there were some laggards today, of course, I get that—there were plenty of safety stocks that weren't so safe," Cramer said.

Persons: CNBC's Jim Cramer, we've, Cramer, Snowflake, Salesforce, Dell, tech's Organizations: Nasdaq, Dow Jones, Citi, Dell

Berenberg increased its price target on Eli Lilly on the back of expected strong sales of its weight loss drug, Zepbound. The firm kept its $21 price target, saying shares are "ready to inflect" with hardware cost deflation and investment tax credit boosting growth. Danely's $820 price target on the buy-rated blockbuster chipmaker suggests 3.6% potential upside for shares since Monday's close. — Pia Singh 5:38 a.m.: Berenberg hikes Eli Lilly price target Eli Lilly has been on a tear this year, and Berenberg expects even more gains from here. Analyst Kerry Holford reiterated his buy rating on the stock and raised his price target to $850 from $680.

Persons: Berenberg, Eli Lilly, John Hodulik, Hodulik, — Pia Singh, Wells, Steven Cahall, Cahall, ROKU, Fred Imbert, BofA Evercore, James West, Christopher Danely, Danely, Goldman Sachs, Edward Jones, James Shanahan, Goldman, Marcus, Apiro Dounls, Sunoco, Kerry Holford, Holford, Zepbound Organizations: CNBC, pharma, Nvidia, Citi, Sunoco, NuStar Energy, Netflix, UBS, Vizio, CTV, ISI, BofA, BofA Evercore ISI, Bank of America, Micron Technology, NuStar, SUN Locations: Wells, Sunrun, Monday's

☆ These 3 names that are about to report quarterly results have strong earnings momentum
▼ + stars: | 2024-02-20 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

About 80% of S & P 500 constituents have already reported, with more than three-quarters of these names beating earnings estimates, according to FactSet. The 14 analysts covering the stock rate it either a buy or a strong buy, with their average price target of $613.86 implying about 12% upside ahead, per LSEG. Average earnings estimates on the power company have ticked up roughly 8% over the past three months, while shares have added about 12% in 2024. Seven of the 13 analysts covering the stock rate it a buy or a strong buy, but their average price target of $124.64 suggests downside of nearly 5%, per LSEG. Mizuho Securities is neutral on the stock, recently raising its price target to $132 from $116.

Persons: Goldman Sachs, David Kostin, Raymond James, Srini Pajjuri, Anthony Crowdell Organizations: CNBC, Nvidia, Constellation Energy, Mizuho Securities, Constellation Locations: Mizuho

☆ Booming semiconductor companies just earned one more market leadership honor
▼ + stars: | 2024-02-08 | by ( Ian Thomas | ) www.cnbc.com time to read: +2 min

Chip stocks have been on a stock market tear for the last year, outpacing FAANG and other tech sector leaders in a rapid rise boosted by market enthusiasm for advanced AI chips. That success has now migrated over to another corporate performance measure. Semiconductor companies overtook FAANG stocks in Just Capital's annual ranking of public companies on issues of importance to the American public, with Intel , Advanced Micro Devices , and Micron Technology all finishing within the top 10. Semiconductor firms ranked highly on this year's JUST 100 list, Whittaker said, not only due to the number of jobs that they created relative to other industries, "but the adoption and expansion of policies that support workers and communities." AMD also disclosed its minimum yearly salary for the first time as well as providing more information around career development and benefits, leading to a higher worker score.

Persons: outpacing FAANG, Martin Whittaker, Paul Tudor Jones, Whittaker, Russell Organizations: Semiconductor, Intel, Devices, Micron Technology, Apple, Microsoft, Nvidia, Qualcomm, Lam Research, Materials, Cirrus, Just, " Semiconductor, AMD, Capital

☆ The market is seeing red. But here's why a few of our portfolio stocks are standing out
▼ + stars: | 2024-02-05 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

Every weekday the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable update of the trading day, just in time for the last hour on Wall Street. "Microsoft is the one to buy first on weakness due to the quality of last week's quarter and outlook," Jim Cramer said Monday. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Jerome Powell's, Estee Lauder, Jim, Cramer, Eli Lilly, Lilly, Linde, Jim Cramer's, Brendan McDermid Organizations: CNBC, Federal, Nvidia, Apple, Microsoft, Sector, Technology, Semiconductor, Novo Nordisk, Air Products, Chemicals, Products, Linde, ., Vertex Pharmaceuticals, Simon Property Group, NXP Semiconductors, Club, GE Healthcare, DuPont, Carrier Global, Jacobs Solutions, Ford, Jim Cramer's Charitable, Traders, New York Stock Exchange Locations: We're, Novo, China, New York City, U.S

☆ Stocks making the biggest moves midday: Nvidia, Boeing, Snap, Tyson Foods and more
▼ + stars: | 2024-02-05 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

McDonald's posted adjusted earnings of $2.95 per share on $6.41 billion in revenue. Analysts had expected earnings of $2.82 per share and $6.45 billion in revenue, according to LSEG, formerly known as Refinitiv. Analysts polled by FactSet forecast earnings of $2.30 per share on $8.9 billion in revenue for the fourth quarter. The company posted adjusted earnings of 69 cents per share on revenue of $13.32 billion. Caterpillar reported adjusted earnings of $5.23 per share on revenue of $17.07 billion.

Persons: Goldman Sachs, McDonald's, Eli Lilly, Jim Umpleby, Estée Lauder —, Dali Rajic, —, Macheel, Jesse Pound, Hakyung Kim, Alex Harring, Michelle Fox, Sarah Min, Darla Mercado Organizations: Nvidia, Novo Nordisk —, Novo Holdings, Novo Nordisk, Management, U.S . Food, Boeing —, Boeing, Tyson, Caterpillar, Air Products, Chemicals, Reuters Locations: Novo, U.S

☆ Wall Street heads into the week ahead worrying the rally to record highs is running out of steam
▼ + stars: | 2024-02-02 | by ( Sarah Min | ) www.cnbc.com time to read: +7 min

Wall Street continues to climb a wall of worry even as investors deliberate how much longer equities can maintain their record run. But questions remain for investors after some major disappointments in an intense week suggested more challenges ahead. Apple dropped 3% this week after reporting lackluster earnings, weighing on the Dow Jones Industrial Average. Elsewhere in corporate earnings, regional banks as represented by the SPDR S & P Regional Banking ETF slid 7% after poor results from New York Community Bank spurred investor fears of a wider contagion. Signs of market weakness For investors, there may be more issues in the market going forward in 2024.

Persons: Stocks, Jerome Powell, Apple, Scott Rubner, Goldman Sachs, Rubner, Russell, Liz Ann Sonders, Charles Schwab, CNBC's, Sonders, Lehman, Raymond James, Josh Beck, James McCann, Abrdn, McCann, Rhys WIlliams, Williams, it's, Art Hogan, They're, Hogan, Estee, Eli Lilly, Ralph Lauren, Rowe Price, Philip Morris Organizations: Meta, Dow Jones, Regional Banking, New York Community Bank, Bank, Microsoft, Nvidia, Apple, Markets, Wayve Capital Management, Riley, Atlanta, PMI, Simon Property, Companies, Tyson Foods, Semiconductor, Caterpillar, Prudential Financial, Ford Motor, Enphase Energy, GE Healthcare Technologies, Consumer, Walt Disney Co, Wynn Resorts, PayPal, Brands, CVS Health, Hilton Worldwide, Uber Technologies, Costco Wholesale, Motorola Solutions, Expedia, Rowe Price Group, ConocoPhillips, The Hershey Co, Philip Morris International, PepsiCo Locations: China

Tuesday's analyst calls include upgrades to two solar names and a downgrade to a key crypto stock. 7:05 a.m.: Citi increases Meta price target ahead of earnings Meta shares have more runway ahead, according to Citi. Analyst Kenneth Worthington downgraded the crypto exchange to underweight from neutral, reiterating his price target of $80. Analyst Jordan Levy upgraded Sunnova to buy from hold and raised his price target to $18 from $10. He upgraded Enphase Energy to buy from hold, moving his price target to $145 from $85.

Persons: Truist, Ronald Josey, Josey, — Pia Singh, TD Cowen, Jason Gabelman, Gabelman, Jefferies, Glen Santangelo, Teva, Cantor Fitzgerald, C.J, Muse, Kenneth Worthington, Worthington, Coinbase, — Fred Imbert, Jordan Levy, Levy Organizations: CNBC, Enphase Energy, Federal Reserve, JPMorgan, Citi, Meta, Exxon, Chevron, Cowen, Exxon Mobil, Teva Pharmaceuticals, Jefferies Investors, pharma, mdc, Nvidia, Energy, Sustainability Locations: buybacks, Teva, Monday's

☆ Analysts think these tech stocks could rise even as the S&P 500 hits a record high
▼ + stars: | 2024-01-22 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

There could still be further gains ahead for tech stocks, even as the sector boosted the S & P 500 to a new record-high closing last Friday. After kicking off the new year with a lukewarm start, the technology sector turned the ship around, largely driven by the ongoing artificial intelligence frenzy . Despite these gains, broader analyst consensus indicates that there are still tech stocks poised to go higher from here. Likewise, analysts on average think design software company Synopsys could rally another 18%. Last week, the company announced it would acquire engineering simulation software company Ansys in an approximately $35 billion deal .

Persons: Brad Zelnick, John Vinh, Trimble, —, Fred Imbert Organizations: CNBC Pro, Oracle, Deutsche Bank, Semiconductor, KeyBanc Capital Locations: Oracle's

☆ Raymond James chip analyst Srini Pajjuri breaks down his top picks for 2024
▼ + stars: | 2024-01-22 | 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 EmailRaymond James chip analyst Srini Pajjuri breaks down his top picks for 2024Srini Pajjuri, Raymond James senior semiconductor analyst, joins CNBC's "The Exchange" to discuss his outlook on semiconductor stocks, like Nvidia and Intel.

Persons: Raymond James, Srini Pajjuri Organizations: Nvidia, Intel

☆ Cramer's Lightning Round: Do not own Invesco Mortgage Capital
▼ + stars: | 2024-01-19 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Commerce Bancshares' year-to-date stock performance. Stock Chart Icon Stock chart icon Invesco Mortgage Capital's year-to-date stock performance. Stock Chart Icon Stock chart icon ON Semiconductor's year-to-date stock performance. Stock Chart Icon Stock chart icon Catalyst Pharmaceuticals' year-to-date stock performance. Stock Chart Icon Stock chart icon American Airlines' year-to-date stock performance.

Persons: You've, Stanley Black, Decker, Stanley, I've, I'm Organizations: Invesco Mortgage, ON, Depot, Loews, Stanley Black, Catalyst Pharmaceuticals, American Airlines

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