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☆ Nvidia and 2 other portfolio stocks report earnings next week. Here's what we want to see from each
▼ + stars: | 2024-05-18 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

All three major averages closed higher for the week, driven by softer retail sales and consumer price data for April. And the data has been mostly good, with 78% reporting a positive earnings surprise and 60% delivering a positive sales surprise. But we will get earnings from three portfolio companies, including one of our two "own, don't trade" stocks. In the week ahead, three portfolio companies will report results, while it will be fairly slow for economic data, except for a couple of housing reports. Earnings : After a week without earnings from any Club stocks, we'll get three this coming week.

Persons: Dow Jones, Dow, we'll, TJX, Blackwell, Li Auto, James Hardie, Ralph Lauren Corporation, Booz Allen, Jim Cramer's, Jim Cramer, Jim, Jensen Huang, Justin Sullivan Organizations: Wall, Federal Reserve, Dow, Nasdaq, CPI, Palo Alto Networks, Palo, TJX Companies, Nvidia, Nexxen, Alto Networks, Video Communications, Trip.com, James Hardie Industries N.V, Nordson Corp, Keysight Technologies, ZIM Integrated Shipping Services, Lowe's Companies, Eagle Materials, Toll, ViaSat, Urban Outfitters, Target Corp, Devices, Dorian LPG, Dycom, Golden Ocean Group, Petco, Wellness Company, Sonoma, WSM, VF Corp, Star Bulk Carriers Corp, LiveRamp Holdings, Chemical & Mining Co, Grupo Supervielle S.A, BJ's Wholesale, Technologies, TD Bank Group, Intuit, Ross Stores, Booz Allen Hamilton Holding, Mesa Laboratories, Jim Cramer's Charitable, CNBC, Intelligence, SAP Center Locations: Palo Alto, Williams, Chile, San Jose , California

☆ These 'short squeeze' candidates are being heavily bet against
▼ + stars: | 2024-05-13 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

As a new meme frenzy unfolds in the market, traders are once again making bets in stocks with high levels of short interest. This activity could lead several companies to become the next targets of a short squeeze. A short squeeze happens when a stock price surges and forces those shorting the stock to purchase shares, or cover their shorts, to buy back stock and cut their losses. Another solar name, Maxeon Solar Technologies , has its short interest as a percent of float at about 45%. The Children's Place is another short squeeze target, as 70% of its floating shares are being sold short.

Persons: Maxeon, Goldman Sachs Organizations: GameStop, Dow, Nasdaq, Investors, CNBC Pro, New York Stock Exchange, Solar Energy, Technologies

☆ Inflation data commands center stage next week and provides a test for the market rally
▼ + stars: | 2024-05-11 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

All three major U.S. stock indexes closed higher for the week, led by the Dow Jones Industrial Average . The Nasdaq Composite added 1.14% while the S & P 500 advanced 1.85% in a relatively quiet week of economic updates. Within the portfolio, Disney and Wynn Resorts released quarterly numbers; we took issue with the stock reaction to both reports. It also raises the stakes around major economic releases, such as next week's consumer inflation report. In the week ahead, earnings season continues — headlined by Walmart on Thursday — and inflation data will dominate the economic calendar.

Persons: We've, Jim Cramer, Dow Jones, we'll, We'll, Stanley Black, Decker, Jack, JACK, Arcutis, Spero, JD.com, Armour, Jim Cramer's, Jim, Carlo Allegri Organizations: Dow Jones, Nasdaq, Disney, Wynn Resorts, Procter, Procter & Gamble, Walmart, CPI, PPI, Club, Home Depot, Biotech Corporation, Music Entertainment, Central Puerto S.A, TeraWulf Inc, Paysafe Group Holdings, QuickLogic Corporation, Kopin Corp, Royalty Corp, Agilysys Inc, Crop Solutions Corp, Inovio Biomedical, Intercorp Financial, Lithium, Argentina ) Corp, Sea, Sony Group Corporation, SONY, Holding, HudBay Minerals, Autolus Therapeutics, Game Technology, Nu Holdings, Dragonfly Energy Holdings Corp, Bakkt Holdings, Prestige Consumer Healthcare, SilverCrest Metals, Inc, Mining Corp, Acurx Pharmaceuticals, Cresco Labs, Dole plc, DOLE, Arcos Dorados Holdings, ARCO, Cisco Systems, Grab Holdings, Copa Holdings S.A, Technologies, Iris Energy, KORE Group, Super, Spero Therapeutics, ZTO, Baidu, Deere & Company, NICE, Lightspeed Commerce, Ship Lease, Canada Goose Holdings, Drainage Systems, Consolidated Water Co, Outlook Therapeutics, Despegar.com, Corp, DXC Technology Company, Flowers Foods, Bruker Corporation, WYNN, CNBC, Foods Locations: Procter &, Central, Cayman, Lithium Americas, Argentina, Manhattan, New York City

☆ Goldman sticks by this tanking solar stock, says it could nearly triple
▼ + stars: | 2023-11-16 | by ( Pia Singh | ) www.cnbc.com time to read: +1 min

Goldman Sachs thinks Maxeon Solar Technologies will see eye-popping gains despite the company's recent earnings disappointment. Analyst Brian Lee maintained his buy rating on the Singapore-based solar panel maker. He did lower his 12-month price target on the stock by $3 to $18, but that still implies shares can go up 195% from Wednesday's close. Shares of the solar company plunged 14% on Thursday, reaching a 52-week low, after Maxeon reported third-quarter results that missed analysts' expectations by a wide margin. But a positive catalyst for the stock going forward, Lee noted, is that Maxeon announced a settlement on Wednesday with residential solar technology provider SunPower .

Persons: Goldman Sachs, Brian Lee, Maxeon, Lee, SunPower Organizations: Technologies Locations: Singapore, Wednesday's, U.S

Nearly a third of that renewable energy should come from wind and solar power, said the report by researchers of Berlin-based Agora Energiewende. In 2021, they had installed a total of just 11.9 gigawatts of solar energy and 1.5 gigawatts of wind energy. As of the end of 2022, the U.S. had installed capacity of more than 144 GW of wind power and 110 GW of solar photovoltaic power. The report calls for a “paradigm shift” to speed up the transition to wind and solar power. At the same time, power grids need to be upgraded to allow for the variability and unpredictability of wind and solar power, it said.

Persons: —, Mathis Rogner, Antonio Guterres, Kanika Chawla, Chawla Organizations: United Nations, Agora, Agora Energiewende, U.S ., Sustainable Energy, U.K, AP Locations: HANOI, Vietnam, Berlin, Indonesia, Japan, South Korea, China, India, Southeast Asia, Philippines, Thailand, Pakistan, Bangladesh, Taiwan, U.S, Korea, . South Korea

☆ Stocks making the biggest moves after the bell: Cisco Systems, Palo Alto Networks and more
▼ + stars: | 2023-11-15 | by ( Alex Harring | ) www.cnbc.com time to read: +1 min

Cisco Systems – Shares tumbled nearly 11% after the digital communications company offered worse-than-expected guidance for the current quarter and full year. That pulled attention away from a strong report for the fiscal first quarter, with Cisco beating the consensus forecasts of analysts polled by LSEG on both lines. Maxeon Solar Technologies – Shares slipped 7% after posting a bigger loss than expected in the third quarter. The solar company beat analyst expectations for revenue in the quarter, but issued a weaker-than-anticipated revenue outlook for both the current quarter and full year. While Gambling.com, a review site of gambling services, beat expectations on both lines for the third quarter, it left its full-year expectations unchanged.

Persons: LSEG, Maxeon, Gambling.com Organizations: Cisco Systems, Cisco, Alto Networks, Alto, Maxeon, FactSet Locations: billings

SANTA FE, N.M. (AP) — Governors from the Southwestern United States are pursuing stronger business ties with Taiwan in hopes of attracting new foreign investments and jobs to their landlocked states. Michelle Lujan Grisham and Arizona counterpart Katie Hobbs, both Democrats, to the self-governing island of Taiwan. Hobbs said her goal was to encourage ongoing investments to make Arizona a hub for semiconductor manufacturing. She met Monday with Taiwan Semiconductor Manufacturing Co. executives and suppliers, visiting their plant as well as water treatment facilities. At a business conference in Taipei on Tuesday, Lujan Grisham urged entrepreneurs and leaders to consider investment opportunities in her home state, touting a workforce with access to subsidized child care and tuition-free college.

Persons: Michelle Lujan Grisham, Katie Hobbs, Hobbs, Joe Biden, Biden, Lujan Grisham, Cable –, Republican —, Gretchen Whitmer, Eric Holcomb, ___ Tang Organizations: SANTA FE, — Governors, Southwestern, Trade, Gov, Taiwan Semiconductor Manufacturing Co, Congress, Tuesday, U.S, America, General, — Democratic, Republican, Republican Indiana Gov, Solar Technologies, U.S . Department of Energy Locations: SANTA, Southwestern United States, Taiwan, New Mexico, Arizona, U.S, Taipei, Santa Teresa , New Mexico, Mexico, Beijing, Michigan, Japan, Singapore, Albuquerque , New Mexico, South Korea, Phoenix

☆ State governors from Arizona, New Mexico seek stronger economic ties with Taiwan
▼ + stars: | 2023-09-20 | by ( ) www.cnbc.com time to read: +3 min

Katie Hobbs, Governor of the U.S. state of Arizona, speaks during the 2023 U.S. Business Day and Taiwan-U.S. Supply Chain Partnership Forum in Taipei, Taiwan September 19, 2023. Governors from the Southwestern United States are pursuing stronger business ties with Taiwan in hopes of attracting new foreign investments and jobs to their landlocked states. Michelle Lujan Grisham and Arizona counterpart Katie Hobbs, both Democrats, to the self-governing island of Taiwan. Hobbs said her goal was to encourage ongoing investments to make Arizona a hub for semiconductor manufacturing. She met Monday with Taiwan Semiconductor Manufacturing executives and suppliers, visiting their plant as well as water treatment facilities.

Persons: Katie Hobbs, Michelle Lujan Grisham, Hobbs, Joe Biden, Biden, Lujan Grisham, Cable –, Republican —, Gretchen Whitmer, Eric Holcomb Organizations: Business, U.S, Supply Chain Partnership, Governors, Southwestern, Trade, Gov, Taiwan Semiconductor Manufacturing, Democratic, Congress, Tuesday, America, General, — Democratic, Republican, Republican Indiana Gov, Solar Technologies, U.S . Department of Energy Locations: U.S ., Arizona, Taiwan, Taipei, Southwestern United States, New Mexico, U.S, Santa Teresa , New Mexico, Mexico, Beijing, Michigan, Japan, Singapore, Albuquerque , New Mexico, South Korea

☆ Stocks making the biggest moves premarket: Six Flags, UBS, IonQ, Archer Aviation and more
▼ + stars: | 2023-08-11 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

UBS also confirmed that Credit Suisse fully repaid a 50 billion Swiss franc emergency liquidity loan to the Swiss National Bank. Second quarter revenue of $348.4 million missed a guidance range that started at $360 million. The company notched adjusted earnings per share of 22 cents on $379 million in revenue, while FactSet had forecast 17 cents and $375 million. Archer Aviation -- Shares soared nearly 23% after Archer settled a lawsuit with Boeing over an autonomous flying dispute. IonQ did, however, raise its booking guidance to a range of $49 million to $56 million.

Persons: disinfects, Maxeon, FactSet, Refinitiv, Archer, IonQ, —, Jesse Pound Organizations: UBS, Credit Suisse, Swiss National Bank ., Refinitiv, Technologies, Flower Foods, Archer Aviation, Boeing, United Airlines, Ark Investment Management Locations: Swiss

☆ Stocks making the biggest moves midday: News Corp, Alibaba, Applied Materials and more
▼ + stars: | 2023-08-11 | by ( Hakyung Kim | ) www.cnbc.com time to read: +3 min

News Corp — The media company's shares jumped nearly 4% after reporting an earnings beat in the fiscal fourth quarter. Meanwhile, the company's revenue of $2.43 billion missed analysts' forecast of $2.49 billion. Chip stocks — Semiconductor shares dropped more than 2% Friday, putting the sector on pace for a weekly decline of 4.5%. The decline comes after shares rose nearly 3% in the previous session on the back of the company's earnings announcement. Kura Oncology — The biotech company's shares rose 4% after Bank of America initiated coverage of Kura with a buy rating in a Friday note.

Persons: Refinitiv, Alibaba, Krispy, Morgan Stanley, DigitalOcean, —, Alex Harring, Yun Li Organizations: Artificial Intelligence, News Corp, News, UBS —, UBS, Credit Suisse, Swiss National Bank, — Semiconductor, VanEck Semiconductor, NXP, Lam Research, Materials, Nvidia, Semiconductor, FactSet, Wynn Resorts, Caesars Entertainment, JPMorgan, Mizuho, Capri Holdings, Kura Oncology, Bank of America, Holdings Locations: Shanghai, China, U.S, Coinbase, Kura

Solar and wind power generation is set to triple by 2030, according to a new report from the Rocky Mountain Institute, leading to a disruption in the global electricity sector. According to the report, solar and wind power will fuel 33% of electricity generation in 2030, up from 12% in 2022. RMI predicts solar energy, which is already the cheapest energy source in history, will halve in price by 2030, continuing the dramatic downward trajectory of solar and wind energy costs. CNBC Pro used FactSet data to screen for companies that are well-positioned to outperform from the rise of solar and wind energy production. Maxeon shares have popped 68% in 2023 and could jump another 50%, per the average price target on shares.

Persons: Morgan Stanley, Andrew Percoco, Percoco, MAXN, — CNBC's Michael Bloom Organizations: Rocky Mountain Institute, RMI, CNBC, New York Stock Exchange, Nasdaq, Technologies, SolarEdge Technologies, Enphase Energy

☆ Here are Wednesday's biggest analyst calls: Apple, Tesla, SoFi, ServiceNow, Meta, Netflix, Splunk and more
▼ + stars: | 2023-06-14 | by ( Michael Bloom | ) www.cnbc.com time to read: +12 min

Piper Sandler initiates Domino's as overweight Piper said it sees an attractive risk/reward for Domino's shares. Piper Sandler reiterates Meta as outperform Piper Sandler raised its price target on the stock to $310 per share from $270 and said ad spend is "holding up." Citi downgrades Logitech to neutral from buy Citi downgraded the stock due to the unexpected departure of CEO Bracken Darrell. Citi reiterates Accenture as buy Citi said the Dublin-based IT company is an AI beneficiary. Piper Sandler initiates Bentley Systems as overweight Piper said the company is a "high quality industrial software franchise operating with scale."

Persons: Piper Sandler, Piper, Wolfe, it's bullish, Bernstein, Gordon Haskett downgrades, Gordon Haskett, Needham, ServiceNow, Bracken Darrell, Guy Gecht, Raymond James, Dave, Buster's, Riley downgrades Cinemark, Riley, Li, Morgan Stanley, Tesla, Splunk, TD Cowen, Wingstop, Cowen, it's, Estée Lauder, Berenberg, Roth, Morgan, Bud Light Organizations: Barclays, Netflix, FedEx, Apple, TAM, Citi, Logitech, Materials, SVB Securities, PayPal, Linde, LIN, Bank of America, Oculis, Dave, Cinemark Holdings, Inc, Accenture, IT Services, Li Auto Citi, China, Li, SSS, Bentley Systems, Photonics, Technologies, AMD Data Center, JPMorgan, DG, Anheuser, Busch InBev, Molson Coors, & $ Locations: 3Q22, 4Q22, 2H23, Latin America, Dublin, Bergamo

☆ Stocks making the biggest moves midday: Logitech, Toyota, UnitedHealth, AMD and more
▼ + stars: | 2023-06-14 | by ( Alex Harring | ) www.cnbc.com time to read: +5 min

Logitech — Shares tumbled 12.3% after the company announced president and CEO Bracken Darrell is departing. Toyota — The Japan-based automaker's shares gained 4.5% Wednesday. Lumen Technologies — The telecommunications stock gained 6% during midday trading Wednesday, adding to the 16% advance that was made Tuesday. Earlier in the week, the company announced a new partnership with electric vehicle software charging company ev.energy. Advanced Micro Devices — The chip stock gained nearly 2% in midday trading, a day after the company announced its latest artificial intelligence chips.

Persons: Bracken Darrell, UnitedHealth — UnitedHealth, John Franklin Rex, Akio Toyoda, Lumen, Roth MKM, Goldman Sachs, Bernstein, Bud, Raymond James, Buster's, Cinemark, Riley, Li Auto, Morgan Stanley, Wolfe, it's bullish, Gordon Haskett, SVB, — SoFi, Estée Lauder —, — CNBC's Michelle Fox, Yun Li, Sarah Min, Hakyung Kim Organizations: Logitech, Swiss Federal Institute of Technology of, Citi, Goldman, Global Healthcare, Toyota, Lumen Technologies, Google, Microsoft, Maxeon, Technologies, Reuters, Services, AMD, Anheuser, Busch InBev —, Netflix, Wolfe Research, Barclays, SVB Securities, Berenberg Locations: Swiss Federal Institute of Technology of Lausanne, Lausanne, Switzerland, Japan, Latin America

☆ Recycling 'end-of-life' solar panels, wind turbines, is about to be climate tech's big waste business
▼ + stars: | 2023-05-13 | by ( Bob Woods | ) www.cnbc.com time to read: +13 min

watch nowIndeed, the market for recycled solar panel materials is expected to grow exponentially over the next several years. One recipient of this federal funding is First Solar, the largest solar panel manufacturer in the U.S. Massive wind turbines, blades are almost all recyclableRetired wind turbines present another recycling challenge, as well as business opportunities. How the circular renewable energy economy worksPlayers in the circular economy are determined not to let all that waste go to waste. Vestas Wind Systems has committed to producing zero-waste wind turbines by 2040, though it has not yet introduced such a version.

☆ Goldman's strategy to play the $3 trillion energy revolution
▼ + stars: | 2023-03-26 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

There's a $3 trillion energy revolution coming, and Goldman Sachs has a strategy to play it. Given this, here are some ways investors can play the new energy revolution: Solar and wind Overall, the biggest investments will be in renewable energy, according to the note. That means the U.S. will need to significantly ramp up its solar, wind and other renewable energy capabilities. Meanwhile, for General Electric , the IRA will directly benefit its portfolio of energy businesses, GE Vernova, including wind energy. Elsewhere, Goldman Sachs highlighted buy-rated Baker Hughes , saying it will get a boost from carbon capture and hydrogen projects.

☆ Stocks making the biggest premarket moves: CrowdStrike, Occidental Petroleum, Tesla and more
▼ + stars: | 2023-03-08 | by ( Jesse Pound | ) www.cnbc.com time to read: +2 min

Here are the stocks making notable moves in premarket trading on Wednesday, March 8. CrowdStrike — Shares of the cybersecurity firm climbed more than 6% in premarket trading after a stronger-than-expected report for the fourth quarter. Occidental Petroleum — The energy stock climbed nearly 3% in premarket trading after a new regulatory filing showed Warren Buffett's Berkshire Hathaway added to its already large stake in the company over the past trading sessions. Tesla — Shares of the automaker fell less than 1% in premarket trading after Tesla was downgraded to hold from buy at Berenberg. Maxeon Solar Technologies — Shares of the Singapore-based solar panel company jumped nearly 15% in premarket trading after the company's fourth-quarter report.

☆ Stocks making the biggest moves after hours: CrowdStrike, Stitch Fix and more
▼ + stars: | 2023-03-07 | by ( Hakyung Kim | ) www.cnbc.com time to read: +1 min

CrowdStrike — The global cybersecurity company's shares were up 6% after its fourth-quarter earnings and revenue beat Wall Street's estimates. CrowdStrike posted adjusted per-share earnings of 47 cents, exceeding analysts' estimates of 43 cents, according to Refinitiv. Cricut reported revenue of $280.8 million, greater than the consensus estimate of $261 million, according to FactSet. The company reported per-share earnings of 5 cents, which was one cent below what Wall Street had predicted. Maxeon Solar Technologies — The Singapore-based solar panel company's shares were up 8%.

☆ Raymond James sees clean energy stocks jumping 30% to 40% in 2023. Here are some favorite picks
▼ + stars: | 2023-01-04 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

The new year should bring a boost to clean energy stocks, according to Raymond James. Demand drivers vary around the world, but there is strength everywhere," Molchanov wrote. With that in mind, he upgraded two clean energy companies: Chart Industries to strong buy from market perform, and Maxeon Solar Technologies to outperform from market perform. Chart Industries joins names such as Bloom Energy and FTC Solar on Raymond James' strong buy list. The firm also upgraded NextEra Energy to market perform from underperform, but noted it is not enthusiastic about the stock at these levels.

☆ Stocks making the biggest moves midday: Wynn Resorts, Microsoft, Honeywell, Salesforce and more
▼ + stars: | 2023-01-04 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

The Wynn Resorts logo stands illuminated as people sit by the fountain at the Wynn Macau casino resort in Macau, China, on Tuesday, July 24, 2018. Check out the companies making the biggest moves midday:Wynn Resorts — The casino operator's stock jumped nearly 7%, building on its solid start to 2023. Salesforce — Shares of the cloud-based software company jumped more than 3% after Salesforce announced that it is cutting 10% of its personnel and reducing some office space as part of a restructuring plan. Celanese — The global chemical and specialty materials company jumped more than 6% after being upgraded by RBC Capital Markets to outperform from sector perform. The firm cited the solar company stock's "steep drop from the initial euphoria created by the Inflation Reduction Act."

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