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☆ These stocks have momentum on their side even if market stumbles
▼ + stars: | 2024-09-19 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

With that seasonal volatility in mind, Evercore ISI screened for stocks that may continue to outperform in the current climate. The investment bank combed through the Russell 3000 for stocks that are in the top quintiles for momentum, sentiment and buybacks. One company that made the Evercore ISI screen was mobile tech company AppLovin . Evercore ISI also highlighted Sprouts Farmers Market as a potential outperformer. Evercore ISI upgraded Sprouts to outperform from in line this week.

Persons: Russell, LSEG, BTIG, Benjamin Budish, Robinhood, Michael Montani Organizations: Stock, Federal, UBS, FactSet, Financial, LSEG, Barclays, ISI

☆ Stocks making the biggest moves before the bell: Apple, Intel, Alcoa, Micron Technology and more
▼ + stars: | 2024-09-16 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

Apple — The technology stock fell more than 2% following analyst reports that early shipping data may signal softer demand for iPhone 16 Pro models. Intel — The semiconductor stock rose 1.3% before on the bell. Micron Technology — The semiconductor stock slid 2.8% after Morgan Stanley cut its price target by a whopping $40 to $100. ASE Technology — The semiconductor packager added 1.7% on the heels of a Morgan Stanley upgrade to overweight from equal weight. Zillow — The real estate stock rose more than 2% after an upgrade to outperform from neutral from Wedbush.

Persons: Donald Trump, Bausch, Morgan Stanley, Morgan Stanley's, Wells, Ally, downgrades, Zillow, —, Jesse Pound, Sarah Min, Sean Conlon, Samantha Subin Organizations: Trump Media & Technology, Republican, Holdings, Apple, Financial Times, Alcoa, Intel, Bloomberg, Micron Technology, Technology, Colgate, Palmolive, Bank of America, Zillow Locations: California, Wells Fargo

☆ Apple and Dell are two names you want to own, says Evercore ISI's Amit Daryanani
▼ + stars: | 2024-09-13 | 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 EmailApple and Dell are two names you want to own, says Evercore ISI's Amit DaryananiAmit Daryanani, Evercore ISI senior managing director, joins 'Power Lunch' to discuss shift in consumer electronics and how inflation impacted the sector.

Persons: Evercore ISI's Amit Daryanani Amit Daryanani Organizations: Apple, Dell

☆ Evercore ISI's Mahaney on rate cuts: Base case is 25 bps, but investors should stay hunkered down
▼ + stars: | 2024-09-10 | 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 EmailEvercore ISI's Mahaney on rate cuts: Base case is 25 bps, but investors should stay hunkered downKrishna Guha, Evercore ISI vice chairman, joins ‘The Exchange’ to discuss his expectation from the Fed next week, what investors should watch out, and more.

Persons: Krishna Guha, Evercore Organizations: Fed

☆ Evercore ISI's Krishna Guha on rate cuts: Base case is 25 bps, but investors should stay hunkered down
▼ + stars: | 2024-09-10 | 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 EmailEvercore ISI's Krishna Guha on rate cuts: Base case is 25 bps, but investors should stay hunkered downKrishna Guha, Evercore ISI vice chairman, joins ‘The Exchange’ to discuss his expectation from the Fed next week, what investors should watch out, and more.

Persons: Krishna Guha, Evercore Organizations: Fed

☆ How an American Airlines mechanic nearly smuggled 25 pounds of cocaine worth $250,000 into the US
▼ + stars: | 2024-09-08 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +1 min

A judge sentenced former American Airlines mechanic Paul Belloisi to 9 years for smuggling cocaine. Police found cocaine worth $250,000 in the electronics compartment of an American Airlines plane. AdvertisementA former American Airlines mechanic nearly managed to smuggle 25 pounds of cocaine into the United States worth a quarter of a million dollars — until the flight was marked for a random search. A federal judge in New York sentenced Paul Belloisi, 56, to nine years in prison Friday for charges of conspiracy to possess and import cocaine. Police discovered 10 bricks containing over 25 pounds of cocaine in the electronics compartment of an American Airlines flight at John F. Kennedy International Airport in New York City in February 2020.

Persons: Paul Belloisi, —, John F Organizations: American Airlines, Service, Police, Kennedy International, Justice Department, Business Locations: United States, New York, New York City, Montego Bay, Jamaica

☆ Labor data will decide the amount of rate cuts this year, says Evercore ISI's Krishna Guha
▼ + stars: | 2024-08-13 | 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 EmailLabor data will decide the amount of rate cuts this year, says Evercore ISI's Krishna GuhaKrishna Guha, Evercore ISI Vice Chairman, joins 'Closing Bell Overtime' to talk what's driving the Fed, the markets, and the economy.

Persons: Evercore ISI's Krishna Guha Krishna Guha, Evercore Organizations: Labor, Fed

☆ Wall Street analysts think investors should buy the dip in Amazon, call cloud business a 'bright spot'
▼ + stars: | 2024-08-02 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Investors may way to consider buying the dip in Amazon , according to some Wall Street analysts. A 'bright spot' in AWS Despite Thursday's disappointing results, many Wall Street analysts are finding the positive in the company's Amazon Web Services division. Many expect this business to continue gaining steam, with Susquehanna Financial Group's Shyam Patil referring to this acceleration as a "bright spot" in the results. Evercore ISI's Mark Mahaney referred to accelerating AWS growth as one of "three fundamental catalysts" for the stock. Bank of America's Justin Post named the stock the firm's top large cap picks, citing the AWS acceleration and opportunity within artificial intelligence.

Persons: Deutsche Bank's Lee Horowitz, Deutsche Bank's Horowitz, Mark Shmulik, Shyam Patil, Patil, Morgan Stanley's Brian Nowak, Evercore, Mark Mahaney, Bank of America's Justin Post, We're, Doug Anmuth, Anmuth Organizations: Deutsche, Wall, Web Services, Susquehanna, Bank of America's

Along with the downgrade, Roach slashed her price target to $286 from $463. Along with the downgrade, Arya cut his price target to $23 from $35 a share. — Samantha Subin 6:15 a.m.: Apple results suggest 'best is yet to come,' support multiyear upgrade cycle The latest earnings report from Apple reaffirms analysts' confidence in the technology giant and a multiyear upgrade cycle when it launches its latest iPhone later this year. Bernstein's Mark Shmulik trimmed his price target by $5 to $210 a share but encouraged investors to use the sell-off as an entry point. His price target of $95, down from $99, implies downside of 6.6% over the next 12 months.

Persons: Wells Fargo, Morgan Stanley, Henning Cosman, Cosman, — Samantha Subin, Goldman Sachs downgrades Lululemon, Goldman Sachs, Lululemon, Brooke Roach, Roach, LULU YTD, Vivek Arya, Arya, Samantha Subin, America's Wamsi Mohan, macOS, Samik Chatterjee, Citi's Atif Malik, Bernstein's Toni Sacconaghi, Morgan Stanley's Brian Nowak, ISI's Mark Mahaney, Bernstein's Mark Shmulik, Wells, downgrades Morgan Stanley Wells Fargo, Mike Mayo, Mayo, Morgan, Fred Imbert Organizations: CNBC, Barclays, Ferrari, Bank of America, Intel, AMD, Apple, Apple Intelligence, America's, Amazon, Web Services, North Locations: Europe, U.S, Lululemon

☆ Focus will be what Apple intelligence could mean for iPhone 16, says Evercore ISI's Amit Daryanani
▼ + stars: | 2024-08-01 | 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 EmailFocus will be what Apple intelligence could mean for iPhone 16, says Evercore ISI's Amit DaryananiAmit Daryanani, IT hardware analyst at Evercore ISI, joins 'The Exchange' to discuss the preview into Apple as investors wait for the tech giant to report its earnings after the bell.

Persons: Evercore ISI's Amit Daryanani Amit Daryanani Organizations: Apple, Evercore ISI

☆ Watch CNBC’s full interview with Virtus’ Joe Terranova, CIC Wealth’s Malcolm Ethridge and Evercore ISI's Mark Mahaney
▼ + stars: | 2024-08-01 | 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 Virtus’ Joe Terranova, CIC Wealth’s Malcolm Ethridge and Evercore ISI's Mark MahaneyVirtus’ Joe Terranova, CIC Wealth’s Malcolm Ethridge and Evercore ISI's Mark Mahaney, join 'Closing Bell' to discuss markets, the Fed and their broader economic outlook.

Persons: Virtus ’ Joe Terranova, Malcolm Ethridge, Mark Mahaney Virtus, Joe Terranova, Mark Mahaney Organizations: Virtus ’, Fed

☆ Elevated volatility is going to be present over the next two months, says Virtus' Joe Terranova
▼ + stars: | 2024-08-01 | 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 EmailElevated volatility is going to be present over the next two months, says Virtus' Joe TerranovaVirtus’ Joe Terranova, CIC Wealth’s Malcolm Ethridge and Evercore ISI's Mark Mahaney, join 'Closing Bell' to discuss markets, the Fed and their broader economic outlook.

Persons: Virtus, Joe Terranova Virtus ’ Joe Terranova, Malcolm Ethridge, Mark Mahaney Organizations: Fed

☆ Apple reports results after the bell. Here's what Wall Street is watching
▼ + stars: | 2024-08-01 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

iPhone sales are expected to reach $38.64 billion and decline more than 2% year over year as the company grapples with a stretch of stagnant growth. Long also echoed concerns the new iPhone won't be enough to fuel a "meaningful" upgrade cycle to support the premium. AI-fueled upgrade cycle Apple's September quarter is expected to include about a week of new iPhone sales. Wall Street will also keep a close watch on China sales following an 8% decline during the second quarter. "While Greater China sales remain sluggish, mainland China iPhone sales have been stronger than expected and we are encouraged by iPhone demand picking up in emerging markets," said Raymond James analyst Srini Pajjuri.

Persons: ISI's Amit Daryanani, Tim Long, Long, iPhones bottoming, Evercore, bode, Bernstein's Toni Sacconaghi, tailwinds, JPMorgan's Samik Chatterjee, Baird's William Power, Raymond James, Srini Pajjuri Organizations: Apple Intelligence, Barclays, Apple, Verizon, Huawei Locations: China

☆ I've lived overseas with my European boyfriend for 3 years. We still can't agree on dinner time, investment strategies, or how to talk to each other's families.
▼ + stars: | 2024-07-29 | by ( Elizabeth Lavis | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Misha comes from the small, mountainous Caucasian country of Georgia — located at the crossroads of Eastern Europe and Western Asia. AdvertisementWhile I'm included in Misha's family gatherings, I always feel like an outsider because I can't fully understand or contribute to the conversation. We both take a few steps outside our comfort zones; I agree to eat dinner at 8:30 p.m., and Misha agrees to consider a retirement and investment strategy. That's OK as long as we practice negotiation and patience in our quest to appreciate and understand each other's cultures.

Persons: —, Vera, Misha, Georgia —, It's, Kraft, Elizabeth Lavis, I've Organizations: Service, Business, Georgian, Russo, Kraft Mac Locations: Tbilisi's Vera, Georgia, Eastern Europe, Western Asia, Soviet Union, Georgian, Tbilisi

☆ Alphabet remains one of our top picks, says Evercore ISI's Mark Mahaney
▼ + stars: | 2024-07-24 | 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 EmailAlphabet remains one of our top picks, says Evercore ISI's Mark MahaneyMark Mahaney, Evercore ISI head of internet research, joins 'Squawk Box' to break down Alphabet's quarterly earnings results, impact of generative AI, and more.

Persons: Evercore, Mark Mahaney Mark Mahaney

☆ Concerns about unsold homes and price drops are unwarranted, says Evercore ISI's Stephen Kim
▼ + stars: | 2024-07-24 | 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 EmailConcerns about unsold homes and price drops are unwarranted, says Evercore ISI's Stephen KimStephen Kim, homebuilders analyst at Evercore ISI, joins CNBC's 'The Exchange' to discuss the housing market.

Persons: Evercore ISI's Stephen Kim Stephen Kim Organizations: Evercore ISI

☆ Harris seems to be more of a friend to Big Tech than Biden and Trump, says Evercore ISI's Mark Mahaney
▼ + stars: | 2024-07-22 | 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 EmailHarris seems to be more of a friend to Big Tech than Biden and Trump, says Evercore ISI's Mark MahaneyMark Mahaney, Evercore ISI, joins 'Closing Bell Overtime' to talk what to expect from Alphabet earnings tomorrow.

Persons: Harris, Trump, Evercore, Mark Mahaney Mark Mahaney Organizations: Big Tech, Biden, ISI

☆ Market internals are 'very healthy', says Evercore ISI's Julian Emanuel
▼ + stars: | 2024-07-18 | 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 EmailMarket internals are 'very healthy', says Evercore ISI's Julian EmanuelJulian Emanuel, Evercore ISI senior managing director, joins 'Closing Bell Overtime' to talk positioning portfolios in the event of a democrat or republican win in November.

Persons: Evercore ISI's Julian Emanuel Julian Emanuel

☆ Netflix reports earnings after the bell. Here's what Wall Street is watching
▼ + stars: | 2024-07-18 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

Netflix reports after the bell Thursday, ushering in the start of earnings season for Wall Street's biggest media and technology giants. Analysts expect the streaming behemoth to post earnings of $4.74 per share on about $9.53 billion in revenue, according to analysts polled by LSEG. The analyst regards upside to subscriber additions, commentary surrounding margin expansion and a reacceleration in revenue as key for investors. Jefferies analyst James Heaney expects these programs and a strong content slate position Netflix well for a second-quarter subscriber beat. Netflix has made strides within advertising, disclosing in May that there were 40 million active monthly users in the tier.

Persons: Goldman Sachs, Eric Sheridan, Morgan Stanley's Benjamin Swinburne, Jefferies, James Heaney, JPMorgan's Doug Anmuth, Morgan Stanley's Swinburne, Evercore ISI's Mark Mahaney, Jessica Ehrlich, Jason Bazinet, Piper Sandler's Matt Farrell, Farrell Organizations: Netflix, Wall Street's, LSEG, Bank of America

☆ Top tech analyst Mark Mahaney gives his new picks and names a surprising potential underperformer
▼ + stars: | 2024-07-16 | by ( Hakyung Kim | ) www.cnbc.com time to read: +4 min

With the second-quarter earnings season beginning to gain steam, Evercore ISI's Mark Mahaney has updated his list of tactical calls. He has a $225 price target on shares, indicating upside potential of about 20%. "We continue to believe that recent concerns about UBER being negatively impacted by an AV rollout are mis-placed," said Mahaney. Mahaney added that Uber shares are currently trading at a "very attractive" valuation of around 20 times enterprise value to free cash flow. With shares trading approximately 30% below their 52-week high, Mahaney thinks now is an attractive time to enter what he calls "a best-in-class ecommerce platform business."

Persons: Mark Mahaney, Mahaney, Uber, Evercore Organizations: Technologies, Expedia, Google, Mobility, TAM, Amazon Locations: Monday's

☆ Prime Day is a big marketing event for Amazon, says Evercore ISI's Mark Mahaney
▼ + stars: | 2024-07-16 | 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 EmailPrime Day is a big marketing event for Amazon, says Evercore ISI's Mark MahaneyMark Mahaney, Evercore ISI head of internet research, joins 'Squawk on the Street' to discuss his thoughts on Amazon's standing among the world's top tech companies, how important Prime Day is to Amazon's quarter, and more.

Persons: Evercore, Mark Mahaney Mark Mahaney Organizations: Amazon

☆ CNBC Daily Open: UK Labour landslide election victory
▼ + stars: | 2024-07-05 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. UK Labour wins landslide victoryThe center-left Labour Party has won a landslide victory, ending 14 years of Conservative rule. Samsung shares climbed 2.84%, hitting their highest level since January 2021. Here are Evercore ISI's best stock ideas for the second half.

Persons: Keir Starmer's, Tony Blair's, Rishi Sunak, Brexiteer Nigel Farage, jeopardizing, Korea's Kospi, nonfarm payrolls, Saks, Neiman Marcus, Bergdorf Goodman Organizations: New York Stock Exchange, CNBC, Labour, Labour Party, Conservative, Keir Starmer's Labour, Party, Nikkei, Samsung, Samsung Electronics, CSI, S3 Partners, Saks Fifth, HBC, Saks, ISI Locations: May's

☆ Here are Evercore ISI's best stock ideas for the second half
▼ + stars: | 2024-07-04 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

Evercore ISI is sticking by its previous roster of top stock picks heading into the second half. ADBE YTD mountain Adobe stock has slipped more than 5% in 2024. Materne maintains an outperform rating on Adobe stock with a $650 per share price target, implying roughly 17% upside ahead. CVS Health Battered pharmacy stock CVS Health has pulled back more than 27% in 2024. CVS YTD mountain CVS Health stock.

Persons: Evercore, Kirk Materne, Materne, Elizabeth Anderson, Greg Melich, Melich Organizations: ISI, Nasdaq, Dow Jones, CVS Health, Home, Adobe, CVS, Health, Anderson, Delta Airlines

☆ Here's why Evercore ISI's Mark Mahaney favors Amazon
▼ + stars: | 2024-07-03 | 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 EmailHere's why Evercore ISI's Mark Mahaney favors AmazonMark Mahaney, Evercore ISI head of Internet research, joins 'Squawk on the Street' to discuss tech names, Amazon, Alphabet, and more.

Persons: Mark Mahaney, Mahaney

☆ Amazon can keep its record run going due to a major catalyst — and it's not the cloud
▼ + stars: | 2024-06-26 | by ( Paulina Likos | ) www.cnbc.com time to read: +5 min

BofA called out the importance of Amazon's retail margin because it has generated more estimated outperformance than its cloud business Amazon Web Services (AWS). Add on same-day delivery, Jim asked, rhetorically, "Why would you go to the store on the way home when it's at your home." Fifty-one percent of respondents, a survey record, said they opted for Amazon's same-day delivery option. Based on these results, Evercore believes Prime same-day delivery is a "multiplier to purchase frequency and overall spend." The latest Wall Street analysis and thoughts from Jim support the idea of further room for Amazon stock to run higher.

Persons: BofA, Amazon's, Andy Jassy, Jassy, Jim, Evercore, Jim Cramer's, Jim Cramer, Michael M Organizations: U.S, Bank of America, United Parcel Service, FedEx, Web Services, Amazon, Walgreens, Logistics, Adobe Analytics, Club, CNBC, Santiago, Getty Locations: U.S, New York City

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