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☆ Apple's record $110 billion stock buyback is bigger than Boeing, Airbnb, and Chipotle
▼ + stars: | 2024-05-03 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Apple just launched a $110 billion stock buyback program, the biggest in history. Apple's new stock buyback program is more than the value of Boeing, Airbnb, and Chipotle. AdvertisementApple just launched a $110 billion stock buyback, the biggest in stock market history. Since then, the company's stock buyback programs have reduced its total share count to 15.44 billion, and at current prices, this stock buyback program would retire an additional 600 million shares. To put in perspective just how big Apple's stock buyback program is, consider these companies that have a total market value of less than $110 billion.

Persons: —, Apple, Dan Ives, Corey Lever, Eric Risberg, Chipotle, Gregory, Brandon Bell, Airbnb, ROSLAN RAHMAN Organizations: Apple, Boeing, Service, Greater, Waste, AP, Portland Press, Getty, Dell Technologies Dell, DELL Locations: Greater China, Oakland, Calif, , Texas

☆ WM CEO Jim Fish: We're taking customer lifetime value and using it as a key pricing metric
▼ + stars: | 2024-04-25 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

WM CEO Jim Fish: We're taking customer lifetime value and using it as a key pricing metricWM CEO Jim Fish joins 'Mad Money' host Jim Cramer to talk quarterly results, the recycling business, his take on the economy and more.

Persons: Jim Fish, Jim Cramer

☆ Analysis: China’s EV market reshaped by a brutal elimination round
▼ + stars: | 2024-04-24 | by ( Laura He | ) edition.cnn.com time to read: +8 min

Hong Kong CNN —A “life and death race” has begun to unfold in the world’s largest market for electric vehicles (EV). More than a dozen passenger carmakers disappeared from the market last year, according to statistics from the China Passenger Car Association. Too many playersOvercrowding is another major issue plaguing China’s EV industry. Last month, Xiaomi, a Chinese smartphone brand, launched its electric car, the SU7 sedan. “China’s EV industry has entered a stage of cyclical adjustment after two decades of growth,” he said at a forum in Beijing.

Persons: ”, Tesla, Mark Rainford, Richard Yu, Li Auto, “ They’re, Huawei’s Aito, Lei Jun, BYD, Rainford, Gan Jiayue, Wang Chuanfu, Yin Tongyue Organizations: Hong Kong CNN, Auto China, YouTube, China, “, National Development, Reform Commission, China Passenger Car Association, WM, Mitsubishi Motors, Honda, Hyundai, Ford, Huawei, EV, China Association of Auto Manufacturers, China’s EV, Li, Tesla, Porsche, Geely Auto, Meizu, Chery Auto, International Energy Agency Locations: China, Hong Kong, Beijing, Shanghai, oversupply, Meizu

☆ Jim Cramer ranks first-quarter earnings from 6 major U.S. banks. Our portfolio stocks fared well
▼ + stars: | 2024-04-20 | by ( Morgan Chittum | ) www.cnbc.com time to read: +12 min

Morgan Stanley Revenue rose 4% year over year to $15.14 billion, beating expectations of $14.41 billion, according to data compiled by LSEG. C YTD mountain Citigroup (C) year-to-date performance Citigroup had a decent quarter, Jim said. Jim said BofA just didn't shine versus the other major banks, and on earnings day Wall Street agreed, sending the stock down 3.5%. 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.

Persons: Jim Cramer, Jim, Morgan Stanley, Goldman Sachs, Wells Fargo, Here's, Morgan Stanley's, Ted Pick, Pick, Goldman, Charlie Scharf, He's, Scharf, Wells, Jane Fraser's, BofA, Jamie Dimon, Jim Cramer's, JPMorgan Organizations: Citigroup, Bank of America, JPMorgan Chase, Investment, Morgan, Morgan Stanley Revenue, LSEG, Wealth, Goldman, Wells, Management, Silicon Valley Bank, Club, Citigroup Revenue, Citi, Bank of America Revenue, Bank, of, JPMorgan Chase Revenue, JPMorgan, CNBC, Citibank, Reuters Locations: Goldman Sachs, Wells Fargo, Silicon, buybacks, Wells

☆ 6 portfolio stock earnings and the Fed's favorite inflation gauge dominate the week ahead
▼ + stars: | 2024-04-20 | by ( Zev Fima | ) www.cnbc.com time to read: +11 min

The Nasdaq sank 2% on Friday as Netflix dropped nearly 11% post-earnings and Club stock Nvidia fell 10%, entering bear market territory but still up more than 50% in 2024. Following a much stronger-than-expected March retail sales report last month, fresh economic data and six Club stock earnings will take center stage in the week ahead. While lower rates may help stock multiples, that is not a sustainable path to higher equity prices over time. Earnings : The latest quarterly reporting season is starting to ramp into high gear with six Club names set to report next week. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Dow, Jerome Powell, Jim Cramer, Mark, Meta, Bing, Ford, Vimal, Lockheed Martin, Clark, Philip Morris, Sherwin, Williams, Baker Hughes, Lam, Northrop, Dr Pepper, CARR, Edwards Lifesciences, Jim Cramer's, Jim, Michael M Organizations: Nasdaq, Netflix, Nvidia, Dow Jones, Federal, Fed, Hamas, Gross, Google, Reality Labs, General Motors, Honeywell, Microsoft, Verizon Communications, Albertsons Companies, SAP, Cadence Design Systems, United Parcel Service, General Electric, GE, PepsiCo, Lockheed, Spotify Technology, RTX Corporation, JetBlue Airways, Halliburton, HAL, Philip Morris International, Quest Diagnostics, Texas Instruments, Seagate Technology, Mattel, Veralto Corporation, Boeing, General Dynamics, Boston, Hilton, Fisher, Otis Worldwide, IBM, Grill, Viking Therapeutics, Lam Research, Whirlpool, WM, Honeywell International, Royal Caribbean Cruises, American Airlines, Altria, Newmont, Caterpillar, Southwest Airlines, Myers Squibb, AstraZeneca, Mobileye, Northrop Grumman, CNBC, Comcast, Merck, Dow Inc, Carrier Global, Union Pacific, Intel, Western, Mobile, L3Harris Technologies, Exxon Mobil, Chevron, Colgate, Palmolive, HCA Healthcare, Charter Communications, Newell Brands, Jim Cramer's Charitable, Traders, New York Stock Exchange, Santiago, Getty Locations: Israel, Iran, Ukraine, destocking, China, Cleveland, Freeport, McMoRan, Kimberly, Masco, Bristol, New York City

☆ The Port of Baltimore was humming along as it handled a record level of cargo in 2023. The collapse of the Key Bridge changed everything.
▼ + stars: | 2024-04-16 | by ( John L. Dorman | ) www.businessinsider.com time to read: +4 min

In 2023, the Port of Baltimore handled a record 52.3 million tons of international cargo valued at nearly $81 billion. But on March 26, the Francis Scott Key Bridge collapsed after the container vessel Dali struck the bridge and sent the 47-year-old structure into the Patapsco River. Moore recently spoke with Business Insider about the collapse of the Key Bridge and the economic impacts of the port's closure. Wes Moore: The port is the largest in the country when it comes to heavy trucks and agricultural equipment. The Key Bridge was a key artery in this region.

Persons: —, Francis Scott Key, Dali, Wes Moore, Moore, John L, Dorman, Joe Biden, Julia Nikhinson, It's, Jerry Jackson, we've, You've, Baltimore Mayor Brandon Scott, We're, Biden, I'm Organizations: Service, Business, US Army Corps of Engineers, Maryland Democratic Gov, Gov, Maryland Gov, AP, Port, Federal, Baltimore Sun, Tribune, Getty, Baltimore Mayor, WM Locations: Port of Baltimore, United States, Port, Baltimore, Patapsco, Ohio, Tennessee, Michigan, United, It's

☆ 10 things to watch in the stock market Tuesday: Morgan Stanley beats, Nvidia call
▼ + stars: | 2024-04-16 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

Revenue of $15.14 billion tops $14.46 billion estimate, and $2.02 in earnings per share (EPS) clears $1.66 estimate. IB revenue better than expected. UnitedHealth Group are earnings better than feared. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

Persons: Morgan Stanley, Vimal Kapur, Evercore, Uber, Goldman, Jim Cramer's, Jim Cramer, Jim Organizations: Club, Big, WM, Bank of America, Revenues, Johnson, Pharma, Devices, UnitedHealth, Healthcare, Honeywell, Deutsche Bank, Barclays, Tyson, Intel, Qualcomm, Nvidia, Broadcom, Marvell, Texas, Technology, NXP Semiconductors, TAM, Jim Cramer's Charitable, CNBC

☆ Here are Wednesday's biggest analyst calls: Tesla, Nvidia, Arm, Citi, Walmart, First Solar, Ulta, GE & more
▼ + stars: | 2024-02-14 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

UBS downgrades Waste Management to neutral from buy UBS said the trash company has a "lofty" valuation. Citi reiterates Nvidia as buy Citi said its standing by its buy rating heading into earnings next week. " UBS upgrades HF Sinclair to buy from neutral UBS said the refiner is underappreciated. UBS upgrades Huntington Bancshares to buy from neutral UBS said it sees "strong strategic positioning" for the regional bank. Citi downgrades GlobalFoundries to neutral from buy Citi downgraded the semi company following earnings on Tuesday.

Persons: Wells, Redburn, Morgan Stanley, Tesla, it's, Piper Sandler, Piper, Jane Fraser's, Q, BRKRs, BRKR, DINO, D.A, Davidson downgrades Airbnb, Evercore, GlobalFoundries, Bernstein, Wingstop Organizations: Wells, RBC, Enphase Energy, Shoals Technologies, SolarEdge Technologies, UBS downgrades Waste Management, UBS, Citi, Nvidia, JPMorgan, Sinclair, diesel, Deutsche Bank, General, Deutsche, GE, ABNB, ABNB's, Walmart, ISI, Huntington, HSBC, Palantir, HP, Bank of America, of America, Design Systems, Rivals Locations: EBITDA

☆ Watch CNBC's full interview with WM CEO James Fish
▼ + stars: | 2024-02-13 | 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 WM CEO James FishWM CEO James Fish joins 'Squawk Box' to discuss their Q4 earnings, their outlook for 2024, and more.

Persons: James Fish Organizations: WM

☆ WM CEO James Fish: We always raise prices because there is always some type of inflation
▼ + stars: | 2024-02-13 | 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 EmailWM CEO James Fish: We always raise prices because there is always some type of inflationWM CEO James Fish joins 'Squawk Box' to discuss their Q4 earnings, their outlook for 2024, and more.

Persons: James Fish

☆ Nine hours at the most unhinged hole in golf
▼ + stars: | 2024-02-13 | by ( Zak Jason | ) www.businessinsider.com time to read: +12 min

But this was Saturday at the 16th hole of Phoenix’s Waste Management Open, also known as the loudest day at the Loudest Hole in Golf, also known as the Greatest Show on Grass. “We’re so back.”In theory, this was a professional golf tournament, one of the oldest on the PGA Tour. Iwas there as an inevitable result of being in all-male group chat, its own black hole of feral manhood. Few were watching golf; most were huddled in circles many yards from the 16th hole, drinking and people-watching. That’s worth the wait.”Inside our box, golf continued to happen, but if the golfers weren’t teeing off, no one was watching the course.

Persons: seltzer, “ He’s, ”, —, Vuori, Oxford —, there’d, Creed’s, Scott Stapp sauntering, Christian Petersen, Getty “ Scott Stapp, “, Miller, George Bush, Orlando Ramirez, Getty, ” He’d, ctT5HMvIyg, Happy, Thomas Jefferson, MAGA, Him Cook, Ross D, Jesus Christ, Johnny, weren’t teeing, Hey, Potter, hal, Ben Jared, shitshow ” Organizations: Waste, Oxford, PGA, NBC, Alabama, pats, BlackRock, Bulls, WM, SEC, Happy Gilmore Bruins, Mardi Gras, Franklin, Waste Management Locations: Patagonia, Phoenix

☆ Nick Taylor wins raucous WM Phoenix Open in playoff after crowd trouble bedevils tournament
▼ + stars: | 2024-02-12 | by ( Jack Bantock | ) edition.cnn.com time to read: +5 min

CNN —Canada’s Nick Taylor completed a dramatic late fightback to win the WM Phoenix Open in a playoff on Sunday, after crowd trouble marred the notoriously raucous PGA Tour event at TPC Scottsdale in Arizona. Taylor sealed his second playoff victory in under a year. Orlando Ramirez/Getty Images“He [Hadwin] dodged security this time, so it’s good,” Taylor, who jumped 27 places to world No. During Friday’s second round, a fan suffered non-life-threatening injuries after a fall at the 16th hole, a statement from the PGA Tour said. Police and staff apprehend a fan dressed as William Wallace from "Braveheart" after he ran onto the 11th hole during the second round.

Persons: Nick Taylor, Taylor, Charley Hoffman, birdied, Adam Hadwin, Orlando Ramirez, ” Taylor, “, ” Hoffman, Scottie Scheffler, Scheffler, Steve Stricker, John, Sam Burns, Gretzky, Canada's Taylor, Steph Chambers, Jock Holliman, Carlos Ortiz, William Wallace, ”, Christian Petersen, Zach Johnson, Billy Horschel, Buddy, ” Horschel, “ He’s Organizations: CNN, WM, Winnipeg -, RBC Canadian, PGA, John Deere, Getty, Sky Sports, Police, Thunderbirds, Ryder Locations: Scottsdale, Arizona, Winnipeg

☆ 5 things next week that could determine if Wall Street's winning streak continues
▼ + stars: | 2024-02-10 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

Wall Street wrapped up another positive week, with the S & P 500 closing Friday above 5,000 for the first time ever. It was a pretty light week in terms of economic data releases, though we did get a favorable ISM Services number on Monday. Things will pick up next week with several closely watched macroeconomic updates, including two key government inflation reports. While no Club earnings are scheduled to report earnings in the week ahead, 61 companies in the S & P 500 will deliver their latest quarterly results. Consumer inflation: The main event of the week will come on Tuesday when the January consumer price index (CPI) is released.

Persons: Estee Lauder, Eli Lilly, Price, Bausch, Trimble, Krispy Kreme, Topgolf, Kraft Heinz, Martin Marietta, Owens Corning, WEN, Jim Cramer's, Jim Cramer, Jim, Spencer Platt Organizations: Nasdaq, Club, GE Healthcare, DuPont, Linde, Ford, Disney, Wynn Resorts, CPI, PPI, Palo Alto Networks, Nvidia, Bausch Health, Arista Networks, WM, Cadence Design Systems, ZoomInfo Technologies, Avis Budget, Brighthouse, Goodyear Tire &, Vornado Realty, Marriott International, Hasbro, Restaurant Brands, Molson Coors Beverage, Holdings, MGM Resorts, MGM, Akamai Technologies, American International Group, AIG, Topgolf Callaway Brands, CME Group, Sony, SONY, Blackstone Mortgage Trust, Martin Marietta Materials, Ryder, Occidental Petroleum, Cisco Systems, Deere, Penn Entertainment, Southern Company, Coinbase, Trade, Materials, Rand, Texas, Housing, Jim Cramer's Charitable, CNBC, New York Stock Exchange, Getty Locations: Albemarle, ALB, Ingersoll, New York City

☆ Even the wealthy will have to pay extra for parking at the Super Bowl — at least for their private jets
▼ + stars: | 2024-02-07 | by ( Taylor Rains | Grace Kay | ) www.businessinsider.com time to read: +7 min

Hundreds of private jets are expected to flood Las Vegas this weekend for Super Bowl LVIII. According to the agency, Super Bowl parking spot reservations are handed by aircraft service stations known as fixed-based operators, or FBOs. Scottsdale Airport in Arizona saw a deluge of private jets ahead of the Super Bowl in 2023. Wealthy flyers will also use private charter companies like flyExclusive and VistaJet to schedule a drop-off and pick-up before and after the Super Bowl. AdvertisementRepresentatives for Swift did not immediately respond to comment from BI regarding her planned Super Bowl travels.

Persons: Taylor, —, Heidi Hayes, City's, Harry Reid, Henderson, Hayes, Leona Qi, Jim Segrave, LIV, Breitenfeldt, Ross D, Niall Mulcahy, Mulcahy, Taylor Swift, Travis Kelce, Swift, hasn't, Qi Organizations: Service, Las, Kansas City Chiefs, San Francisco 49ers, Clark, Clark County Department of Aviation, Federal Aviation Administration, Super, National Football League, FAA, NFL, Harry Reid International Airport, Henderson Executive Airport, North Las Vegas Airport, Boulder City Airport, Flexjet, Private, Associated Press, WM Phoenix, Super Bowl, Scottsdale Airport, Franklin, Signature Aviation, Dassault Falcon, Dassault, Bombardier Global, Gulfstream, Bombardier Locations: Vegas, Tokyo, Las Vegas, Clark County, North, North Las Vegas, Los Angeles, Glendale , Arizona, Arizona, Missouri, Baltimore, Nashville

☆ How Las Vegas airports are bracing for an influx of private jets for the Super Bowl
▼ + stars: | 2024-02-07 | by ( Taylor Rains | Grace Kay | ) www.businessinsider.com time to read: +6 min

Some 330,000 people are expected to visit Las Vegas this weekend as the Kansas City Chiefs take on the San Francisco 49ers in Super Bowl LVIII. AdvertisementThese include Sin City's main Harry Reid International Airport, as well as Henderson Executive Airport, North Las Vegas Airport, and Boulder City Airport in the suburbs. Speaking to the Henderson and North Las Vegas airports, Hayes told BI there are about 1,100 slots across the two. According to the agency, Super Bowl parking spot reservations are handed by aircraft service stations known as fixed-based operators, or FBOs. AdvertisementRepresentatives for Swift did not immediately respond to comment from BI regarding her planned Super Bowl travels.

Persons: Heidi Hayes, City's, Harry Reid, Henderson, Hayes, Leona Qi, Jim Segrave, LIV, Breitenfeldt, Ross D, Niall Mulcahy, Mulcahy, Taylor Swift, Travis Kelce, Swift, hasn't, Qi Organizations: Las, Kansas City Chiefs, San Francisco 49ers, Clark, Clark County Department of Aviation, Federal Aviation Administration, Super, National Football League, FAA, NFL, Harry Reid International Airport, Henderson Executive Airport, North Las Vegas Airport, Boulder City Airport, Flexjet, Private, Associated Press, WM Phoenix, Super Bowl, Scottsdale Airport, Franklin, Signature Aviation, Dassault Falcon, Dassault, Bombardier Global, Gulfstream, Bombardier Locations: Las Vegas, Clark County, Vegas, North, North Las Vegas, Los Angeles, Glendale , Arizona, Arizona, Tokyo, Missouri, Baltimore, Nashville

☆ Here are Tuesday's biggest analyst calls: Apple, Tesla, UPS, Disney, UBS, Broadcom, Palantir, Tyson & more
▼ + stars: | 2024-02-06 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Deutsche Bank initiates Flywire as buy Deutsche said it sees an attractive entry point for the payments company. " "We are initiating coverage of Sprinklr with a Buy rating and a $16 price target. UBS upgrades UPS to buy from neutral UBS said in its upgrade of the stock that it sees "attractive EPS growth." Deutsche Bank reiterates Disney as buy Deutsche said it's sticking with its buy rating on Disney heading into earnings on Wednesday. "We are downgrading TSLA stock rating to 3/Neutral from 2/Outperform as we see corporate governance concerns aggravating already tough financial conditions in 2024."

Persons: Rosenblatt, Sprinklr, Bernstein, Tesla, underperform Bernstein, Morgan Stanley, Apple, it's bullish, Daiwa, Piper Sandler downgrades Chegg, Piper, Myers, Redburn, Northcoast, JPMorgan Organizations: Deutsche Bank, Li Auto, Deutsche, Education, Healthcare, UBS, Disney, OI, company's, Tesla, JPMorgan, Broadcom, Bank of America, Tyson Foods, underperform Bank of America, Citi, UFC, WWE, Global Locations: McDonald's, PLTR

LAS VEGAS (AP) — If Taylor Swift is jetting from her upcoming Tokyo concert to Las Vegas to see boyfriend Travis Kelce play in the Super Bowl the next day, she'd better already have a place to park her plane. “Oh, they’re full,” said Rick Breitenfeldt, FAA spokesman for his sixth Super Bowl. Commercial airlines have added flights and the Las Vegas airport reported Wednesday it handled a record 57.6 million passengers in 2023. Due to time zone differences, if she flies out at midnight, it will be 7 a.m. Saturday in Las Vegas. Hayes said aircraft parking fees during Super Bowl weekend at Harry Reid International were unchanged from the standard rate.

Persons: Taylor Swift, Travis Kelce, she'd, Heidi Hayes, ”, Rick Breitenfeldt, Hayes, Harry Reid, Swift, Breitenfeldt, Brian McCarthy, McCarthy, John Wayne Organizations: LAS VEGAS, Super Bowl, Federal Aviation Administration, Kansas City Chiefs, San Francisco 49ers, NFL, Clark County Department of Aviation, FAA, Super, Las, Las Vegas, Harry Reid International, Henderson, Boulder City Municipal Airport, SWIFT, Dassault Falcon, Vegas, WM Phoenix, National Business Aviation Association, LIV Golf, Las Vegas Country Club, Sunday, That's, Mesquite Municipal, Laughlin, Bullhead, Jean Sport Aviation Center, Ontario International, San Bernardino International, Palm Springs, Palmdale Regional, Los Angeles International, John, John Wayne International, Long, International, Hollywood, Harry, MGM Resorts International Locations: Tokyo, Vegas, Las Vegas, Clark, U.S, North Las Vegas, Boulder, Glendale , Arizona, Phoenix, Saudi, Airports, Mesquite, Nevada, Arizona, California, Santa Ana, Burbank, Las Vegas . Phoenix, Mandalay Bay, Luxor

☆ Gov. Wes Moore touts 'revolutionary' Maryland as he reflects on his first year in office and praises Biden 'partnership' ahead of 2024 election
▼ + stars: | 2024-01-20 | by ( John L. Dorman | ) www.businessinsider.com time to read: +5 min

He signed into law a critical healthcare reimbursement program for Maryland National Guard members. AdvertisementMoore, an Army veteran, recently spoke with Business Insider about his first year in office and the road ahead. Wes Moore: We've shown that Maryland is doing big things and that Maryland is unafraid to lead. We were able to get the FBI building to the state of Maryland and also keep the Orioles in Baltimore for years to come. AdvertisementWM: Maryland is now the first state in the country that has a service-year option for all of our high school graduates.

Persons: —, Wes Moore, Black, Moore, who's, Joe Biden's, John L, Dorman, We've, Julia Nikhinson, Donald Trump's, Biden's, I'm, Donald Trump, Biden, we've, it's Organizations: Service, Business, Maryland National Guard, Democratic, Army, Gov, FBI, Orioles, AP, MLK, of Service Locations: Maryland, Baltimore, Iowa, West Point

Early analyst calls on Wednesday included a downgrade to a legacy automaker and a rerating for a crypto mining stock that won big last year. "As we have parsed through our numbers, we think the road to recovery will be tougher for SEDG from the perspectives of top line, gross margins, and market share," analyst Christine Cho said. Morgan Stanley stock has slipped nearly 8% this year. The firm downgraded Ford to neutral from buy in a Tuesday note and reiterated a $12 per share price target. Ford shares have struggled this year, losing 6%.

Persons: BTIG, Wall, Joseph Spak, Spak, — Brian Evans, Barclays downgrades SolarEdge, Christine Cho, Cho, SolarEdge, JPMorgan downgrades Morgan Stanley, Morgan Stanley, Ted Pick, Kian Abouhossein, UBS downgrades Ford, Ford, Jim Farley's, Gregory Lewis, Lewis, MARA 1Y, MARA, Fred Imbert Organizations: CNBC, UBS, Ford Motor, Barclays downgrades, Barclays, SolarEdge, Enphase Energy, JPMorgan, Ford, U.S, General Motors, Crypto, Marathon, Marathon Digital, BTC Locations: U.S, Tuesday's

☆ Here are Monday's biggest analyst calls: Nvidia, Tesla, Dollar Tree, Mondelez, Teva, Ulta, Carnival & more
▼ + stars: | 2023-11-27 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Monday's biggest calls on Wall Street: Deutsche Bank reiterates Saia as buy Deutsche said the transports company has "earnings power." JMP downgrades Okta to market perform from market outperform JMP downgraded the stock after a recent security incident. "We downgrade our rating to Market Perform from Under Review (Market Outperform prior) on Okta, Inc. in the wake of the most recent security incident announced on October 20." Wells Fargo reiterates Dollar Tree as overweight Wells said it's standing by its overweight rating on the stock heading into earnings next week. Melius upgrades Carnival to buy from hold Melius said it's "hard to not become incrementally bullish" on the stock.

Persons: Saia, Key, Wells, DLTR, Raymond James downgrades Weyerhaeuser, Raymond James, Redburn, Bernstein, Tesla, underperform Bernstein, Needham, Aston Martin, Jefferies, Pulte, Melius Organizations: Deutsche Bank, Deutsche, Bloom Energy, Clean Tech, Citi, New, Ulta Citi, Inc, Dominion, Weyerhaeuser, UBS, Waste Management, Novartis, EV, Pulte Group, RBC, GE Healthcare, Nvidia

☆ Sainsbury’s gain is private equity’s pain
▼ + stars: | 2023-11-02 | by ( ) www.reuters.com time to read: +2 min

LONDON, Nov 2 (Reuters Breakingviews) - Red hot competition in the UK grocery market is favoring the largest players. Sainsbury’s CEO Simon Roberts reckons the 6.5 billion pound group has been taking market share from rivals including discounters Aldi and Lidl. That may not be good news for Sainsbury’s smaller peers like Morrisons and Asda, owned by Clayton, Dubilier & Rice and EG Group respectively. Both Sainsbury’s and Tesco have held their market shares relatively stable since 2021, when CD&R bought Wm Morrison. Sainsbury’s is currently valued at 5 times forward EBITDA, according to LSEG data.

Persons: J Sainsbury’s, Simon Roberts reckons, Wm Morrison, Aimee Donnellan, Aston Martin, Neil Unmack, Streisand Neto Organizations: Reuters, Aldi, Tesco, Clayton, Rice, EG, R, Asda, Morrisons, Pfizer, Thomson Locations: Britain’s, Asda, Dubilier

☆ Jim Cramer names six stocks worth looking to buy if there's a major sell-off
▼ + stars: | 2023-10-26 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Thursday said investors should be looking for damaged stocks, not damaged companies, in the event of a major sell-off. Cramer listed the names of six stocks that are worth looking at to buy on the way down:Microsoft : Cramer said the tech giant delivered a great quarter, seeing positive results from its cloud business, Azure. WM : WM, formerly known as Waste Management, saw a boost in gross margins from its use of automation, Cramer said. Meta : Cramer praised Facebook parent Meta's most recent quarter but pointed out the stock is currently trading at a low price-to-earnings multiple. "There will be other stocks that will be worth buying into the eventual crescendo of selling," Cramer said.

Persons: CNBC's Jim Cramer, Cramer, Meta's Instagram Organizations: Microsoft, Activision, WM, Waste Management, Reality Labs, Procter & Gamble, General, GE Locations: Israel

☆ WM CEO Jim Fish goes one-on-one with Jim Cramer
▼ + stars: | 2023-10-25 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

WM CEO Jim Fish goes one-on-one with Jim CramerWM President and CEO Jim Fish joins 'Mad Money' host Jim Cramer to talk investing in sustainability, quarterly earnings, natural gas conversion and more.

Persons: Jim Fish, Jim Cramer

☆ Barclays narrowly beats profit forecasts on strong consumer, credit card business
▼ + stars: | 2023-10-24 | by ( Elliot Smith | ) www.cnbc.com time to read: +2 min

LONDON — Barclays on Tuesday reported a net profit of £1.27 billion ($1.56 billion) for the third quarter, slightly ahead of expectations as strong results in its consumer and credit card businesses compensated for weakening investment bank revenues. Venkatakrishnan said the bank "continued to manage credit well, remained disciplined on costs and maintained a strong capital position" against a "mixed market backdrop." Barclays' corporate and investment bank (CIB) saw income decrease by 6% to £3.1 billion, with the bank citing reduced client activity in global markets and investment banking fees. The bank did not announce any new returns of capital to shareholders after July's £750 million share buyback announcement. The cost-income ratio in the third quarter was 63%, but the bank has set a medium-term target of below 60%.

Persons: Venkatakrishnan Organizations: LONDON, Barclays, Reuters, C.S, Barclays U.K, Q423 Locations: London

☆ Here are Monday's biggest analyst calls: Apple, Amazon, Meta, Utz, Roku, Walgreens, Spotify & more
▼ + stars: | 2023-10-23 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Bernstein upgrading Spirit AeroSystems to outperform from market perform Bernstein said it's bullish on the company's turnaround opportunity. Evercore ISI adds a tactical outperform on Roku Evercore said it sees an attractive entry point for the stock. Evercore ISI reiterates Meta as outperform Evercore said Meta estimates seems reasonable heading into earnings later this week. JPMorgan upgrades Walgreens to overweight from neutral JPMorgan said Walgreens shares are in a "new era." Stephens upgrades Utz to overweight from equal weight Stephens said it sees an attractive entry point for Utz shares.

Persons: TD Cowen, Bernstein, it's bullish, Pat Shanahan, Evercore, hasn't, Piper Sandler downgrades Salesforce, Piper, Wells, Stifel, William Blair, Tim Wentworth, Moffett, Stephens, Morgan Stanley, Apple, Max Organizations: Spotify, Citi, Diamondback Energy, Diamondback, HSBC, Marriott, Bank of America, Alcoa, 2024E, Edison, UBS, Waste Management, Republic Services, Amazon, JPMorgan, Walgreens, WBA, Apple Locations: OKTA, PCG, OW, Wells Fargo

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