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☆ Jim Cramer touts Adobe's place in AI race — plus, his latest thoughts on bank stocks
▼ + stars: | 2024-06-14 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +2 min

Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. Twilio : Shares dropped more than 2.5% after Morgan Stanley downgraded the communications software maker's stock to a hold-equivalent rating. The Investing Club owns Palo Alto Networks . Morgan Stanley is the other financial in the portfolio. "Morgan Stanley is more problematic to me," given the positioning of rival Goldman Sachs , Cramer said.

Persons: Jim Cramer's, They've, Jim Cramer, Morgan Stanley, Cramer, Keefe, Goldman Sachs Organizations: CNBC, Club, Wynn, Resorts, CNBC Investing, JPMorgan, Investing Club, Palo Alto Networks, Bank of America, Investing Locations: U.S, Carolina, Wells, Fargo

☆ Here are Friday's biggest analyst calls: Nvidia, Tesla, Hasbro, Sunrun, Amazon, Costco, Spotify, Pinterest, Apple & more
▼ + stars: | 2024-06-14 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Piper Sandler reiterates Pinterest as a top pick Piper said it's sticking with its overweight rating on the stock. JPMorgan reiterates Amazon as overweight JPMorgan said the e-commerce giant remains a top pick at the firm. The firm also says it's sticking with its outperform rating on Apple. "We are reiterating our Buy rating and raising our price target on shares of Costco from $890 to $940." Morgan Stanley reiterates Tesla as overweight Morgan Stanley said it's sticking with its overweight rating on Tesla .

Persons: Bernstein, it's, D.A, Davidson, KBW, Tesla, underperform Bernstein, Musk, Piper Sandler, Pinterest, Piper, Evercore, Morgan Stanley, Sunrun, Guggenheim, Macquarie, Roblox, TD Cowen, Cowen, Michael Colglazier, Morgan Stanley downgrades Twilio, JPMorgan, GenAI, Wolfe, Elon Organizations: Bank of America, Elon, Spotify, UBS, TPC, Galactic, America, JPMorgan, Adobe, " Bank of America, Hasbro, of America, Monopoly, Apple, Baidu, Apple Intelligence, Costco, Nvidia, Tesla Locations: China

☆ Lightning Round: Stay away from Unity Software, says Jim Cramer
▼ + stars: | 2024-06-14 | by ( Jim Cramer | ) 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 EmailLightning Round: Stay away from Unity Software, says Jim Cramer'Mad Money' host Jim Cramer weighs in on stock including: Vistra, Novavax, Twilio, H.B. Fuller, Ardagh Metal Packaging, and SoFi.

Persons: Jim Cramer, Fuller Organizations: Unity Software, Packaging

☆ Cramer's Lightning Round: 'Let's stay away' from Unity Software
▼ + stars: | 2024-06-14 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Vistra's year-to-date stock performance. "Stock Chart Icon Stock chart icon Novavax's year-to-date stock performance. Stock Chart Icon Stock chart icon Twilio's year-to-date stock performance. Stock Chart Icon Stock chart icon H.B. Stock Chart Icon Stock chart icon Unity Software's year-to-date stock performance.

Persons: it's, Fuller, It's, Let's Organizations: Unity Software, Ardagh Locations: Fuller's

☆ Friday's rapid fire: Adobe, Twilio, Nucor, Zscaler and Bank of America
▼ + stars: | 2024-06-14 | 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 EmailFriday's rapid fire: Adobe, Twilio, Nucor, Zscaler and Bank of AmericaCNBC's Jim Cramer on Friday examined major Wall Street headlines outside the Investing Club portfolio.

Persons: Bank of America CNBC's Jim Cramer Organizations: Bank of America Locations: Zscaler

☆ Stocks making the biggest moves midday: Uber, Intel, Lyft, Shopify, Rivian and more
▼ + stars: | 2024-05-08 | by ( Hakyung Kim | ) www.cnbc.com time to read: +5 min

The company's overall revenue exceeded expectations, coming in at $10.13 billion versus analysts' estimate of $10.11 billion, per LSEG. Lyft – The ride-sharing company surged 5% after the company reported faster-than-expected growth in the first quarter. Lyft reported $1.28 billion in revenue, higher than the FactSet consensus of $1.16 billion. Arista Networks – Shares jumped 7% after the company reported better-than-expected first quarter results. Teva Pharmaceuticals — Shares advanced nearly 14% after the company reported better-than-expected revenue in the first quarter.

Persons: Lyft, FactSet, Rivian, Coupang, LSEG, Twilio, –, —, Samantha Subin, Tanaya Macheel, Michelle Fox, Alex Harring Organizations: Technologies, Revenue, LSEG, Intel, Department of Commerce, Huawei, Lyft, Electronic Arts, EA, Farfetch, Arista Networks –, Arista, Dutch Bros, Bros, Pharmaceuticals, Management Locations: China, Korea

☆ Stocks making the biggest moves premarket: Uber, Reddit, Electronic Arts and more
▼ + stars: | 2024-05-08 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +4 min

Reddit reported a loss of $8.19 per share on $243 million of revenue. Analysts surveyed by FactSet were expecting a loss of $8.75 per share on $214 million of revenue. Electronic Arts – The video game stock fell more than 3% after disappointing results for the fiscal fourth quarter. Cirrus Logic posted fourth-quarter adjusted earnings of $1.24 per share, exceeding the 64 cents per-share earnings analysts polled by StreetAccount anticipated. Match projected between $850 million and $860 million of revenue, while analysts surveyed by StreetAccount were looking for $882.7 million.

Persons: Reddit, FactSet, StreetAccount, Rivian, LSEG, —, Fred Imbert, Michelle Fox Theobald, Yun Li, Sarah Min Organizations: Technologies, Arts, EA, Intel —, Intel, Department of Commerce, LSEG, Bros, Cirrus, Logic, Revenue, Arista Networks, Arista Locations: China

☆ Stocks making the biggest moves after hours: Reddit, Lyft, Rivian, Twilio and more
▼ + stars: | 2024-05-07 | by ( Alex Harring | ) www.cnbc.com time to read: +4 min

Wynn Resorts — The resort-and-casino stock added 2.3% on the back of better-than-expected first quarter earnings. However, the California-based company saw $253 million in revenue for the three-month period, above the consensus forecast of $247 million. Toast — The cloud-based restaurant management software company saw shares jump more than 2% in extended trading after its earnings report. Twilio expects revenue to range between $1.05 billion and $1.06 billion versus an LSEG average estimate of $1.08 billion. The quarter "saw early indications of market share gains in hereditary cancer and prenatal testing," management said.

Persons: Reddit, Lyft, Rivian, Wynn, LSEG, Sonos, —, Yun Li, Hakyung Kim, Pia Singh, Darla Mercado, Scott Schnipper, Samantha Subin Organizations: FactSet, LSEG, Rivian, Wynn Resorts, Arts, Arista Networks, Wall, Myriad Locations: California

☆ How Bloomberg Beta's James Cham finds the tech founders making a 'dent in the universe'
▼ + stars: | 2024-05-06 | by ( Ben Bergman | ) www.businessinsider.com time to read: +4 min

Cham ended up writing one of the first checks to Weights & Biases after he was convinced Biewald fulfilled his lofty criteria for backing founders. "I am looking for people who are trying to make a dent in the universe," Cham said. Instead of asking founders how they plan to make that dent, Cham prefers to spend lots of time observing them to see what makes them tick. Cham began making his own dent in the world after majoring in computer science at Harvard and becoming a consultant at Accenture. "The reality that the money that we make goes towards Bloomberg Philanthropies is something founders oftentimes find appealing," Cham said.

Persons: James Cham, Lukas Biewald, Cham, Biewald, Jeff Lawson, It's, Bloomberg Philanthropies, who've, James, Shreya Rajpal, who's, Rajpal Organizations: Bloomberg Beta, Business, Harvard, Accenture, Massachusetts Institute of Technology, Bessemer Venture Partners, Trinity Ventures, Bloomberg

☆ Earnings will drive the market next week — what we expect from 2 portfolio stocks
▼ + stars: | 2024-05-04 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

With the Fed, Apple earnings and the jobs report passing with flying colors this week, the runway to more gains looks a lot less cluttered. This past week was chock full of Club earnings: 12 portfolio companies, including Apple , delivered results. Analysts expect Wynn's earnings per share of $1.27 versus 29 cents a year ago when China was not fully back from Covid. 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: Jerome Powell, we're, Jim Cramer, Jim, Apple, Eli Lilly, Estee Lauder, Stanley Black, Decker, Bausch, FactSet, It's, Bob Iger, Iger, Nelson Peltz, We're, Krystal, Berkshire Hathaway, Tyson, Jones Lang, Walt, Ferrari N.V, WK Kellogg, Wynn, Vishay, CRON, MARA, RICK, Ginkgo, Jim Cramer's, David Paul Morris Organizations: Federal Reserve, Apple, GE Healthcare, DuPont, Linde, Bausch Health, Coterra Energy, Club, Disney, Wynn Resorts, CNBC, Revenue, Vegas Sands, Cotai, Boston, Airlines, Krystal Biotech, Alpha Metallurgical Resources, Axsome Therapeutics, Tyson Foods, TSN, Bowlero Corp, CNA Financial Corp, CNA, Jones Lang LaSalle Incorporated, Technologies, Realty Income Corp, Lab, Teradata Corp, Technology, FMC Corporation, FMC, Paymentus Holdings, Shockwave, Vertex Pharmaceuticals, Goodyear Tire & Rubber Company, Simon Property Group, Sterling Construction Company, Apple Hospitality, Boise Cascade Corporation, BellRing Brands, Coty, COTY, Fidelity National Information Services Inc, Vornado Realty, Walt Disney Co, Holdings, Madrigal Pharmaceuticals, Nikola Corporation, BP, Rockwell Automation, MarketAxess Holdings, Jumia Technologies, GEO Group, Builders FirstSource Inc, Duke Energy Corp, WYNN, Rivian Automotive, Arista Networks, Occidental Petroleum Corp, Astera Labs, Bros, Flywire Corporation, B2Gold Corp, Kinross Gold Corp, Virgin Galactic Holdings, iRobot Corp, Electronic Arts Inc, McKesson Corp, ACM Research, Avadel Pharmaceuticals, Toyota Motor Corp, Emerson Electric Co, Perion, Editas, Brink's Company, Sinclair Corporation, New Fortress Energy, Starwood Property Trust, Animal Health, ELAN, Farms, IM Cannabis Corp, Fox Corporation, Formula One, Icahn Enterprises, Teva Pharmaceutical Industries, Arm Holdings plc, ARM, AMC Entertainment Holdings, Trade, AppLovin Corporation, Sciences Corp, SolarEdge Technologies, Roblox Corporation, GigaCloud Technology Inc, Warner Bros ., Properties Trust, Growers, Constellation Energy Group, Cronos, Fiverr, Solar Inc, EPAM Systems, Cedar Fair Entertainment, Digital Holdings, RCI Hospitality Holdings, Akamai Technologies, Semiconductor, Insulet Corp, NuScale Power Corporation, Ginkgo Bioworks Holdings, Bloom Energy Corporation, Construction, AMC Networks, CRH Public Ltd . Company, Jim Cramer's Charitable, Allen, Co . Media, Technology Conference, Bloomberg, Getty Locations: China, Eaton, Amazon, Covid, Macao, Vegas, Sun Valley , Idaho

☆ Interest rates and the AI-fueled rally remain top of mind for stock investors in the week ahead
▼ + stars: | 2024-05-03 | by ( Alex Harring | ) www.cnbc.com time to read: +9 min

The Fed and economic policy were top of mind this week given the central bank's Wednesday decision to yet again leave interest rates unchanged , as it has since last summer. This week included the conclusion of April's trading month, which marked the first down month of the year for all three major market averages. Indeed, some recent earnings reports have raised doubts about the economy, with brands from McDonald's and Starbucks evidencing signs of strain among consumers. While no new inflation numbers are scheduled for release next week, investors will see reports on March wholesale inventories, March consumer credit and May consumer sentiment from the University of Michigan. AI trade Though interest rates took center stage this week, investors also continued monitoring companies tied to the artificial intelligence boom amid the stocks' recent choppiness.

Persons: they're, Jerome Powell, Larry Tentarelli, David Donabedian, Sam Stovall, There's, Stovall, Tom Hainlin, Tentarelli, CFRA's Stovall, Lyft, Cabot, Aramark, Tempur Sealy, Nikola, Walt Disney, Sally Beauty, Warby Parker, Krispy Kreme, Papa John's Organizations: Federal Reserve, Treasury, Nasdaq, Dow Jones, CIBC Private Wealth, Dow, CFRA, Citigroup, Bank of America, U.S, Bank Wealth Management, University of Michigan, Nvidia, Disney, Spirit Airlines, Tyson Foods, Pharmaceuticals, Lucid, Palantir Technologies, Simon Property, Tech, Lab, Goodyear Tire, Noble Corp, Vornado Realty, Coty, BellRing, Consumer, UBS, BP, Nintendo, Bloomin, Duke Energy, Rockwell Automation, Ferrari, NRG Energy, Electronic Arts, Cirrus, Adaptive Biotech, Arista Networks, Dutch Bros, Holdings, Virgin Galactic, IAC, Rivian Automotive, Brighthouse, Occidental Petroleum, Assurant, Kinross Gold, Labs, Diamond, Reddit, Anheuser, Busch InBev, Embraer, Health, United Parks & Resorts, Emerson Electric, Brookfield , New York Times, Food, Reynolds Consumer Products, Teva Pharma, Uber Technologies, Dine Brands, Liberty Broadband, Fox Corp, Cushman &, Liberty Media, Arm Holdings, Kodiak Gas Services, Solaredge Technologies, AMC Entertainment, Cheesecake, News Corp, Toyota Motors, Fair, US Foods, Hyatt Hotels, Warner Bros, Hilton, Warner Music Group, Unity Software, Insurance, Gen, Honda, AMC Networks Locations: Central, McDonald's, Expeditors, Occidental, Angi, Brookfield , New, Ambev, Cushman & Wakefield, Michigan

☆ Twilio cofounder Jeff Lawson appears to have just bought The Onion
▼ + stars: | 2024-04-25 | by ( Katherine Long | Ashley Stewart | ) www.businessinsider.com time to read: +2 min

Satirical news website The Onion was sold to a company called Global Tetrahedron. Global Tetrahedron is also the name of a fictional evil megacorporation in a long-running Onion gag. But it's a real company, and Twilio founder Jeff Lawson appears to be behind it. AdvertisementJeff Lawson, the cofounder of cloud computing company Twilio, appears to have purchased the satirical news website The Onion from G/O Media. When asked whether he had purchased The Onion, Lawson played coy.

Persons: Jeff Lawson, —, Lawson, Jim Spanfeller, Katie Robertson, Spanfeller, coy, O Organizations: Service, O, New York Times Locations: San Francisco, Chicago

☆ Sachem Head’s Andy Stafman joins Twilio’s board. Here’s how he may help grow margins
▼ + stars: | 2024-04-06 | by ( Kenneth Squire | ) www.cnbc.com time to read: +6 min

More recently, after nominating a majority director slate, Sachem Head settled for three board seats at US Foods. Taking board seats signifies both commitment and contribution, and this philosophy and style is really paying off for Sachem Head. After 2021, the revenue growth started slowing: It's 8.5% today, and it's estimated to be 5% to 10% in the coming years. As much as a growth market rewards hyper-growth stocks, it punishes those companies when revenue growth slows. On March 30, Sachem Head received a board seat for Andy J. Stafman, partner at Sachem Head, and agreed to withdraw its notice of shareholder proposals and nomination of candidates for election to the board at the 2024 annual meeting.

Persons: Scott Ferguson, Sachem, Ferguson, Olin —, Twilio, Twilio's, Jeff Lawson, Khozema, denigrate Lawson, Sinch, Andy J, Stafman, Anson, Sagar Gupta, Thomas Wyatt, Ken Squire Organizations: Pershing, Olin, US Foods, Sachem, Communications, Gartner, IDC, Twilio . Legion Partners, Anson Funds, Legion Partners, 13D Locations: Twilio

☆ Twilio board shakeup prompts renewed activist scrutiny
▼ + stars: | 2024-04-04 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +4 min

On Monday, Twilio announced a settlement with Sachem Head, an activist investor whose involvement in the company had been previously unreported. The agreement resulted in Twilio, which sells communications software, giving a board seat to Andy Stafman, a partner at Sachem Head. Two days later, Twilio said Byron Deeter, a prominent venture capitalist and early investor in the company, would be leaving the board. On March 11, less than a week after Twilio concluded the review, Sachem Head told the company it planned to nominate board candidates. "This issue remains relevant despite Mr. Deeter's departure given the continued directorship of another Bessemer partner," Gupta said.

Persons: Twilio, Jeff Lawson, Anson, that's, Andy Stafman, Byron Deeter, Sagar Gupta, Gupta, Lawson's, Legion, FactSet, Lawson, Sachem, Stafman, Deeter, Bessemer, Jeff Epstein Organizations: Anson Funds, Sachem, Board, Nasdaq, Legion Partners, CNBC, Bessemer Locations: Twilio, Europe, Anson, Bessemer

☆ Mathilde Collin built a $1.7 billion email startup by the time she was 32. She's now stepping back at an inflection point for Front.
▼ + stars: | 2024-03-25 | by ( Melia Russell | ) www.businessinsider.com time to read: +7 min

And so last fall, Collin kicked off a search for a new board director, to fill in her knowledge gaps. Now, Collin says she will step down as chief executive of Front after her hunt for a board director took an unexpected turn. She will move into an executive chair role on April 15, when O'Connell takes up the mantle as chief executive, Front tells Business Insider exclusively. Known for her sharp wit and radical candor, Collin started the business out of college in her native France. Advertisement"We're at a scale now where the CEO can't come in and sort of wave the proverbial magic wand and make things happen," said Mohammed Attar, Front's chief product officer.

Persons: Mathilde Collin, Collin, Dan O'Connell, O'Connell, Garry Tan, Paul Buchheit, Jack Altman, Kyle Vogt, Cruise, Jeff Lawson, Mohammed Attar, —, Josh Stein, Stein Organizations: Service, Business, Dialpad, Front Locations: San Francisco neighborhood, France, Dialpad

☆ Cloud software buyers are getting frugal, leading to slower growth at former highfliers
▼ + stars: | 2024-03-19 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

In 2020, as data analytics software vendor Snowflake was hitting the public market, one of the key stats it was touting to investors was net revenue retention. Snowflake's NRR at the time was 158%, meaning its existing customer base from a year earlier had increased its total spend by 58%. "More pressure on churn (as companies look to reduce point solutions in favor of platforms) and more difficult upsells have pushed net retention down," Ball added. Twilio , which sells cloud-based communications software, reported NRR of 102% in February, with just 5% year-over-year revenue growth. Almost all of Twilio's revenue comes from its division that contains technology for sending text messages and emails.

Persons: Snowflake, Chris Taylor, NRR, Wall, Snowflake's NRR, Aidan Viggiano, Mike Scarpelli, Sridhar Ramaswamy, Frank Slootman Organizations: New York Stock Exchange, NYSE, Nasdaq, Representatives Locations: Snowflake, U.S, Twilio

☆ How 5 trendsetters are transforming the art of data-driven customer experiences
▼ + stars: | 2024-02-20 | by ( Sponsor Post | Created Twilio With | ) www.businessinsider.com time to read: +9 min

Read on to find out how these trendsetters are transforming the art of data-driven customer experience. If you skip this essential step, it will lead to scalability problems when building out a customer engagement strategy. Day to day, he said that means a lot of brainstorming on new ways to approach customer experiences, managing and optimizing campaigns, developing and maintaining customer data, and managing a CRM. Corey recommends that leaders looking to implement data-driven customer engagement strategies invest resources early into building a cross-functional team focused on internal customer data. "When everyone is looking at customer experience through the same lens, it rapidly improves efficiency and collaboration," Corey said.

Persons: they've, Read, Alexandra Dimitriu Alexandra Dimitriu, Alexandra Dimitriu Alexandra, Alexandra, Brad Greene, Brad, Michaela Kron, Duolingo, Jordan Dietch Jordan Dietch, Jordan Dietch Jordan, he's, Jordan, Corey Egan Corey Egan, Corey Egan Orchard, Corey Organizations: Insider Studios Locations: MongoDB, Orchard

☆ Stocks making the biggest moves midday: Cisco Systems, Twilio, Super Micro Computer and more
▼ + stars: | 2024-02-15 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

Super Micro Computer — The technology name added 8.5% after Bank of America said shares could rise to $1,040, a Wall Street high. For the recent quarter, Applovin reported earnings of 49 cents per share and $953 million in revenue. However, the company beat first-quarter earnings and revenue estimates. JFrog — The software development stock skyrocketed 25% after topping Wall Street's fourth-quarter estimates. That topped FactSet estimates 12 cents per share in earnings on $93 million in revenue.

Persons: Twilio, Applovin, Deere, Tripadvisor, Albemarle —, — Coinbase, —, JFrog, Penn, Jesse Pound, Hakyung Kim, Alex Harring, Michelle Fox, Brian Evans, Christina Cheddar Berk Organizations: Cisco Systems, Cisco, LSEG, Bank of America, Wells, Currency, Deere, Albemarle, JPMorgan, Chrysler, Fiat, Penn Entertainment, ESPN Bet Locations: North Carolina

☆ Stocks making the biggest moves premarket: Deere, Cisco, Arm, Super Micro and more
▼ + stars: | 2024-02-15 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

Twilio -- Shares dropped nearly 11% after the consumer engagement company issued lower-than-expected revenue guidance for the current quarter. Twilio also reporter total active consumers for the fourth-quarter that were below Wall Street estimates. Tripadvisor -- Shares climbed nearly 5% after the online booking company beat Wall Street estimates on the top and bottom line in the fourth-quarter. JFrog -- Stock in the software development company climbed more than 19% after fourth-quarter results surpassed Wall Street estimates. Shake Shack -- Shares of the restaurant stock climbed nearly 17% after the firm beat Wall Street estimates on the top and bottom line.

Persons: Twilio, Bitcoin, Tripadvisor, JFrog, FactSet, Shack, John C, bitcoin, — CNBC's Hakyung Kim, Sarah Min, Pia Singh Organizations: Cisco —, Cisco, JPMorgan, Wall, LSEG, Deere, Bank of America, Nvidia, AMD, Intel, Marathon Digital Holdings, Arm Holdings, Holdings

☆ 10 things to watch in the stock market Thursday as Wall Street tries for back to back gains
▼ + stars: | 2024-02-15 | by ( Jeff Marks | ) www.cnbc.com time to read: +2 min

Club name Nvidia price target boosted to $850 per share at Piper Sandler ahead of next week's quarterly earnings report. The analysts say the valuation disconnect with Club stock Linde is "unwarranted" but sometimes it's better to pay up for quality. Ulta Beauty added to Analyst Focus List at JPMorgan, which raises its price target to $600 per share from $535. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Piper Sandler, Morgan Stanley, Twilio, Jim Cramer's, Jim Cramer, Jim Organizations: Nvidia, Cisco Systems, Cisco, Dow, JPMorgan, bitcoin, Nasdaq, Products, Bank of America, Linde, US Steel, GE Healthcare, Deere, Jim Cramer's Charitable, CNBC Locations: Cleveland

☆ Trade Tracker: Joe Terranova sells Twilio
▼ + stars: | 2024-02-14 | 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 EmailTrade Tracker: Joe Terranova sells TwilioJoe Terranova, senior managing director at Virtus Investment Partners, joins CNBC's 'Halftime Report' to explain why he's cutting his losses after only two months of ownership in Twilio.

Persons: Joe Terranova, Twilio Joe Terranova Organizations: Virtus Investment Partners Locations: Twilio

☆ Stocks making the biggest moves after the bell: Cisco, Twilio, Tripadvisor and more
▼ + stars: | 2024-02-14 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

Applovin reported 49 cents in earnings per share on $953 million of revenue. Analysts surveyed by LSEG were expecting 35 cents in earnings per share on $928 million of revenue. In the fourth quarter, Tripadvisor reported adjusted earnings of 38 cents per share on revenue of $390 million. Analysts surveyed by LSEG anticipated earnings of 22 cents a share and revenue of $374 million. NerdWallet reported a loss of 3 cents per share, while analysts were expecting 10 cents of positive earnings per share, according to LSEG.

Persons: Applovin, LSEG, Twilio, Albemarle, Tripadvisor, NerdWallet, Fastly Organizations: Cisco, Informatica — Locations: China, Informatica

☆ What's driving the market rebound on Wednesday — and why we're buying the dips
▼ + stars: | 2024-02-14 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market rebound: Stocks are bouncing from Tuesday's declines, taking their cue from rallying bond prices. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Eli Lilly, Cramer, Kraft Heinz, Gamble, didn't, Stanley, Jim Cramer's, Jim, Dupont Organizations: CNBC, Nvidia, Meta, Constellation Brands, Procter, Energy, DuPont, Starbucks, Cisco Systems, Occidental Petroleum, Deere, Penn Entertainment, Jim Cramer's Charitable, Getty Locations: We're, North America, DuPont's, Wilmington , Delaware

☆ Twilio begins operational review of activist-targeted business unit
▼ + stars: | 2024-02-14 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +2 min

Twilio has been the subject of shareholder scrutiny over the performance of its Segment business, which it acquired at a large premium to its private-market valuation and has dragged on the performance of Twilio's longer-standing communications business. Activist investors at Anson Funds and Legion Capital have both said they would like the company to sell off either the Segment unit or the whole company. The company reported earnings per share, excluding items, of 86 cents, better than an LSEG, formerly Refinitiv, consensus estimate of 58 cents. The company reported a loss of $365.4 million in its fourth quarter. Analysts surveyed by StreetAccount had been expecting 311,000 active customers, but the company reported only 305,000 active customers.

Persons: Jeff Lawson, Twilio, Twilio didn't, Jeff Lawson's, Lawson, Khozema Shipchandler, Shipchandler, StreetAccount Organizations: Communications, Twilio Inc, New York Stock Exchange, Anson Funds, Legion Capital, Revenue, CNBC PRO Locations: New York City

☆ 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

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