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(This is CNBC Pro's live coverage of Wednesday's analyst calls and Wall Street chatter. A closely watched electric vehicle maker and a cloud software company were among the talked stocks by analysts on Tuesday. "We move to Sell given the increased lack of visibility around an inflection in the aforementioned trends," said analyst Kash Rangan. – Samantha Subin 6:19 a.m.: Wall Street reacts to Reddit's first earnings print as a public company Reddit's first earnings report since hitting the public markets in March is garnering some mixed responses from Wall Street analysts. "Its limited production and commercial history leaves much to be seen," he wrote "Rivian must prove it can acquire the customer base, while maintaining low advertising costs."

Persons: there's, Baird, Goldman Sachs, Kash Rangan, Rangan, – Samantha Subin, Mark Shmulik, Reddit, Doug Anmuth, Bank of America's Justin Post, Citi's Ronald Josey, Samantha Subin, Mark Delaney, Rivian, Dan Levy, RIVN, Wells Fargo's Colin Langan, Langan, Datadog Baird, Amit Agarwal, Will Power, DDOG, Power, Fred Imbert Organizations: CNBC, ZoomInfo Technologies, Wall Street, Google, Bank of America's, Barclays, Datadog, Cisco Locations: Rivian, Datadog

☆ Stocks making the biggest moves midday: Disney, Nvidia, Ferrari, Datadog and more
▼ + stars: | 2024-05-07 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

Check out the companies making headlines in midday trading: Walt Disney — The entertainment giant sank 10% after posting fiscal second-quarter results . Walt Disney reported adjusted earnings that beat estimates and posted strong Disney+ subscriber growth but slightly missed revenue estimates. Palantir Technologies topped revenue expectations and posted adjusted earnings that were in line with estimates, but offered disappointing full-year guidance. Rocket Lab — Shares declined nearly 4% after the company posted a revenue miss in the first quarter. In the first quarter, the aerospace manufacturer posted revenue of $92.8 million, below the FactSet consensus estimate of $95 million.

Persons: Walt Disney, Stanley Druckenmiller, Datadog, Amit Agarwal, Tesla, Li, Xpeng, StreetAccount, LSEG ., —, Jesse Pound, Brian Evans, Alex Harring, Sarah Min, Hakyung Kim, Tanaya Macheel Organizations: Nvidia, Billionaire, Ferrari, billings, FactSet, Li Auto, Technologies, Palantir Technologies, UBS Group, UBS, CNBC, LSEG, Citi, Simon Property Group, Revenue Locations: Italian, FactSet, U.S

☆ Indian private credit funds rush to fill gap left by banks
▼ + stars: | 2023-08-08 | by ( Bhakti Tambe | ) www.reuters.com time to read: +2 min

MUMBAI, Aug 8 (Reuters) - A growing number of Indian alternative investment funds are expanding their private credit business, filling a void left by banks and non-bank lenders and mirroring a pick-up in activity across Asia. Private credit funds typically invest in debt or hybrid securities of unrated and lower-rated companies. Edelweiss Alternatives has invested 359 billion rupees in private credit and is looking to launch its next real estate credit fund. Vivriti Asset aims to add 15 billion rupees to the roughly 35 billion rupees it already manages in private credit, managing director Vineet Sukumar said. Private credit funds lend to these companies at 12%-18%, splitting transactions into tranches.

Persons: Lakshmi Iyer, Vineet Sukumar, Goswami Infratech, Amit Agarwal, Ankur Jain, Bhakti Tambe, Savio D'Souza Organizations: Advisors, Investments, Vivriti, Management, Edelweiss, Thomson Locations: MUMBAI, Asia, Edelweiss

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