DIRS.INFO The most relevant business & tech news

Deutsche Bank maintained a hold rating on Nvidia ahead of earnings next week, while Wells Fargo raised its price target. The firm downgraded shares to neutral from buy while lowering its price target to $35 from $55. He has a $850 price target on shares, indicating shares pulling back nearly 6% from Monday's close. The analyst raised his price target on the stock to $1,150 from $974, implying upside of more than 27%. He also raised his price target to $78 from $68, implying upside of 19% from Monday's close.

Persons: Wells Fargo, Roth, Roblox, Eric Handler, Handler, — Hakyung Kim, Tesla's, Elon Musk's, Tesla, Dan Levy, Levy, Hakyung Kim, Jefferies, Boston Beer, Samuel Adams, seltzer, Kaumil, Boston Beers, Seltzer, Gajrawala, Ross Seymore, NVDAs, Seymour, Wells Fargo's Aaron Rakers, Rahul Krotthapalli, Krotthapalli, Fred Imbert Organizations: CNBC, Nvidia, Deutsche Bank, JPMorgan, Roth Capital Partners, Barclays, Jefferies, Boston Beer, Boston, Deutsche, Fitness Locations: Monday's, Boston

☆ S&P 500 breaks out to new record, but some chart analysts are worried
▼ + stars: | 2024-01-22 | by ( Hakyung Kim | ) www.cnbc.com time to read: +3 min

The S & P 500 finally surpassed its prior all-time high from January 2022 on Friday, confirming the start of a new bull market that began in October 2022. But while the market continued to build on those gains early Monday, some technical analysts are worried that cracks are beginning to show in the broad market index. .SPX 1Y mountain S & P 500 in the last 12 months BTIG chief market technician Jonathan Krinsky forecasts a pullback for the S & P 500 before it reaches the key 5,000 level, or just around 3.5% above current prices. Around 73% of the S & P 500 is currently trading above its 50-day moving average, down from more than 90% in late December, according to David Keller, chief market strategist at StockCharts.com. "New index highs lead to fatigue," said Roth Capital Partners chief market technician JC O'Hara.

Persons: Jonathan Krinsky, Krinsky, David Keller, JC O'Hara, O'Hara, There's, Wolfe, Rob Ginsberg, pullbacks, Ginsberg, — CNBC's Michael Bloom Organizations: Federal Reserve, Downside, Capital Partners Locations: Japan, Brazil, India, U.S, China, Europe

☆ Rallying AMD is approaching key levels. What's next for the stock, according to chart analysts
▼ + stars: | 2024-01-17 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Some closely watched momentum indicators and a bullish overall chart suggest popular AI chipmaker Advanced Micro Devices is headed for new highs in the near future. The stock hit a new 52-week high and now sits 3.6% below the stock's all-time high of $164.46 set in the fourth quarter of 2021. Many chart analysts expect the stock to blow past that level in the near future. "Anytime a stock makes a new all-time high, it tells me something special is taking place with the company," said JC O'Hara, chief technical strategist at Roth Capital Partners. "Investors should be positioned in these risk stocks that typically outperform in a rising market environment and AMD checks that box," he said.

Persons: Dan Wantrobski, Janney Montgomery Scott, JC O'Hara, Wantrobski, Capital's Todd Gordon, Oppenheimer's Ari Wald Organizations: Devices, AMD, Roth Capital Partners, Nasdaq

☆ Buying on weakness in Google stock is the 'right move for Meta': Roth's Rohit Kulkarni
▼ + stars: | 2023-10-24 | 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 EmailBuying on weakness in Google stock is the 'right move for Meta': Roth's Rohit KulkarniRohit Kulkarni, Roth Capital Partners Managing Director, 'Closing Bell Overtime' to talk Meta earnings on deck, the advertising space, Snap's quarterly results and more.

Persons: Roth's Rohit Kulkarni Rohit Kulkarni Organizations: Meta, Roth Capital Partners

☆ The digital ad market is showing signs of stabilization. How the pros are playing it
▼ + stars: | 2023-08-13 | by ( Samantha Subin | ) www.cnbc.com time to read: +5 min

The signs of stabilization are perhaps most evident through recent better-than-feared earnings from behemoths like Alphabet and Meta Platforms as they focus on cost cuts and efficiency after 2022's rout. Meta Platforms said ad revenue rose about 12% last quarter from the prior year. Buying the '800-pound gorilla' It's hard to ignore Alphabet or Meta Platforms when investing in the advertising industry. On the digital side, Hanna Howard, a research analyst at GAMCO Investors, opts for Meta Platforms. Amazon posted a 22% increase in online advertising revenue year over year, and $10.68 billion in sales overall.

Persons: Susan Li, Rohit Kulkarni, Gene Munster, Paul Meeks, Meeks, Morningstar's Ali Mogharabi, Hanna Howard Organizations: Apple, Google, Roth Capital Partners, Street, Meta, Intelligence, Amazon, Independent Solutions Wealth Management, GAMCO Investors, Munster, Web Services

☆ Tesla stock's sizzling rally won't last as old-guard rivals like Ford and GM pile into the EV space, analyst says
▼ + stars: | 2023-06-30 | by ( George Glover | ) www.businessinsider.com time to read: +3 min

Tesla's sizzling rally won't last forever due to old-guard rivals like Ford producing more EVs, according to one analyst. The tech giant's shares have soared 109% in 2023 thanks to a breakneck rally since late April. But some of Wall Street's biggest names – including Goldman Sachs and Morgan Stanley – are warning the stock now looks overvalued. Tesla's stock has soared 109% in 2023, on track for the biggest six-month gain since 2020. Read more: Tesla stock's best run since 2020 is spoilt by Wall Street downgrades as Goldman Sachs, Morgan Stanley flag overvaluation risks

Persons: Tesla's, Goldman Sachs, Morgan Stanley –, —, Craig Irwin, I've, you've, – Ford, General Motors, that's, Tesla, Musk, Linda Yaccarino, Morgan Stanley, Irwin Organizations: Service, ROTH Capital Partners, Elon, Ford, GM ramping, Yahoo Finance, General, Big Tech, EV, Barclays, Yahoo, Tesla Locations: Wall

☆ Watch CNBC's full interview with Roth Capital's Rohit Kulkarni and Jefferies' Brent Thill
▼ + stars: | 2023-06-26 | 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 Roth Capital's Rohit Kulkarni and Jefferies' Brent ThillRohit Kulkarni, managing director at Roth Capital Partners, and Brent Thill, Jefferies equity research analyst, join ‘Squawk on the Street’ to discuss their take on Amazon, how A.I. benefits tech stocks, and more.

Persons: Roth, Rohit Kulkarni, Jefferies, Brent Thill Rohit Kulkarni, Brent Thill, ‘ Squawk Organizations: Roth Capital Partners, Jefferies

☆ Roth Capital's Rohit Kulkarni: Here's why Amazon is the best bet heading into 2024
▼ + stars: | 2023-06-26 | 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 EmailRoth Capital's Rohit Kulkarni: Here's why Amazon is the best bet heading into 2024Rohit Kulkarni, managing director at Roth Capital Partners, and Brent Thill, Jefferies equity research analyst, join 'Squawk on the Street' to discuss their take on Amazon, how A.I. benefits tech stocks, and more.

Persons: Roth, Rohit Kulkarni, Brent Thill Organizations: Roth Capital Partners, Jefferies

☆ Tesla owners will hate waiting in charging lines behind Ford and GM cars, analyst says
▼ + stars: | 2023-06-12 | by ( Cadie Thompson | ) www.businessinsider.com time to read: +4 min

Tesla owners have previously enjoyed sole access to the company's charging stations. Tesla owners probably won't be very happy that the EV maker is opening up its Supercharger network to outsiders. Tesla's Supercharger network is comprised of some 7,000 locations in North America, according to the Department of Energy. But allowing other car owners to use the network may also eventually benefit Tesla owners, too. How do you feel about Tesla allowing other EV owners to use the Supercharger network?

Persons: Tesla, Craig Irwin, you've, Irwin isn't, Gene Munster, Cathie Wood, Wood, CThompson Organizations: General Motors, Ford, Morning, Detroit automaker, GM, Roth Capital Partners, Yahoo Finance, Deepwater Asset Management, CNBC, Department of Energy, Ark Invest Locations: North America

☆ UFC merger beefs up WWE's leverage in media rights negotiations
▼ + stars: | 2023-04-03 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +4 min

Networks and streaming services need to get ready for a media rights smackdown. UFC should also benefit ahead of 2025, when its U.S. media rights deals come up, including with Disney's ESPN. "I think everything is up for grabs with these media rights deals. During his time with CAA, he had formed a relationship with McMahon during a recent round of TV rights negotiations for WWE. It will also work for UFC negotiations, he noted.

☆ Some big internet companies are increasingly being viewed as defensive names: Investment bank
▼ + stars: | 2023-03-23 | 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 EmailSome big internet companies are increasingly being viewed as defensive names: Investment bankRohit Kulkarni of Roth Capital Partners says big tech companies like Amazon "overhired" in 2021 and 2022.

☆ After a bumper run, analysts say these 3 oil and gas stocks are set for another 50% rise
▼ + stars: | 2023-02-14 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

The oil and gas sector provided investors stellar returns in 2022 when the rest of the market failed to perform. The S & P Oil & Gas Exploration & Production Index was up 45% last year. Analysts and fund managers say several key factors may push up oil prices in the near future. Earthstone Energy Shares of Earthstone , a Texas-headquartered independent oil and gas company, are expected to go up by 85.8% by analysts over the next year. Meanwhile, the benchmark S & P Oil & Gas Exploration & Production Index has risen by 3% over the same period.

Tuesday's slide knocked off nearly $50 billion in market value, roughly equal to the valuation of rival Ford Motor Co (F.N), which last year sold three times as many cars as Tesla. The sell-off came after Tesla missed market expectations for fourth-quarter deliveries despite shipping a record number of vehicles. Tesla's market value has declined by about $370 billion since Chief Executive Elon Musk closed the deal to buy social media firm Twitter. Tesla shares biggest loser among Big Tech Tesla shares biggest loser among Big Tech since AprilTesla delivered 405,278 vehicles in the fourth quarter, short of analysts' estimates of 431,117. The gap between production and deliveries has widened to 34,000 vehicles as more cars got stuck in transit.

In a 250-page proposed decision, regulators outlined reforms to the so-called "net energy metering", a state policy that issues credits to solar energy customers for generating excess electricity and feeding it back to the grid. The proposal will not affect current home solar owners and will maintain their current compensation, the California Public Utilities Commission (CPUC) said. Shares of rooftop solar system providers, including Sunrun Inc (RUN.O), SunPower Corp (SPWR.O) and Sunnova Energy International Inc (NOVA.N), closed 20% to 27% higher on Thursday. "This has been an overhang for rooftop solar stocks that would be alleviated if passed similar to today's proposal," said Morningstar analyst Brett Castelli. "The CPUC's new proposed decision would really hurt.

Search resuls for: "Roth Capital Partners"

14 mentions found