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☆ Micron's growth prospect is really driven by the AI demand: CIO
▼ + stars: | 2024-09-26 | 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 EmailMicron's growth prospect is really driven by the AI demand: CIOEric Ross from Cascend Securities says the future growth of AI will be lumpy rather than stable as only a handful of companies are able to make the hefty investment in AI.

Persons: Eric Ross Organizations: Cascend Securities

Racking up a balance on your old credit cardA popular way to manage debt is to transfer the balance on an existing credit card to a balance transfer credit card with a low or 0% APR. Being unaware of the balance transfer feesMany people fail to consider the balance transfer fees when getting a balance transfer card. Balance Transfer Credit CardsThe best balance transfer credit cards can help you take control of your debt. Conversely, when you open a balance transfer credit card, your total credit limit will increase, lowering your credit utilization ratio. Neglecting to shop around for the best offerPeople with credit card debt will sometimes jump on the first credit card balance transfer offer they get.

Persons: —, I've, DJ Jack, you've, Jack, Wells, you'll Organizations: Service, Chase

☆ We’re making 6 trades in the portfolio Monday as the market rout picks up steam
▼ + stars: | 2024-08-05 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

We're making six trades Monday morning, as the recent market volatility driven by fears of a U.S. recession intensifies. And lastly, we are buying 280 shares of Wells Fargo at $50.59, increasing its weighting in the portfolio to 3.80% from 3.35%. Last Friday, we said that we had our eyes on the pullbacks in DuPont, Dover, and Wells Fargo. Wells Fargo also pays a solid dividend and can repurchase stock — two factors that we gravitate to during volatile markets. Correction: An earlier version of this story misstated the number of shares being bought of Dover, Nextracker and Wells Fargo.

Persons: Ford, We're, Wynn, Wells Fargo, Jim Cramer's, WYNN, DOV, Jim Cramer, Jim Organizations: Ford, Wynn Resorts, DuPont, Dover, Dow, NXT, CNBC Locations: U.S, Nextracker, Wells Fargo, Las Vegas, Boston, China, DuPont, Dover, Dupont

☆ Solar stock Nextracker's strong quarter is eclipsed by backlog concerns — here's where we stand
▼ + stars: | 2024-08-01 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +9 min

Shares of Nextracker dropped in extended trading Thursday as questions about the solar technology firm's backlog of projects overshadowed its better-than-expected quarterly results. Scrutiny of Nextracker's revenue backlog came more into focus during Nextracker's conference call with analysts. That, in turn, impacts the pace at which Nextracker's backlog becomes reported revenue. With interest rate cuts on the horizon, the economics of solar projects should get a whole lot better. " Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Nextracker, Dan Shugar, Jim Cramer, Praneeth Satish, Howard Wenger, Wenger, Shugar, Jim, Jim Cramer's, Brandon Bell Organizations: Revenue, Club, Truist Securities, Microsoft, Fed, CNBC, Getty Locations: Fargo, Kayenta , Arizona

☆ Strong earnings from industrial AI play Dover prove the stock belongs in our portfolio
▼ + stars: | 2024-07-25 | by ( Jim Cramer | ) www.cnbc.com time to read: +8 min

Dover's active portfolio management and commitment to capital returns sweeten the investment case. Tobin said the moves will boost Dover's clean-energy portfolio and decrease its exposure to more cyclical capital equipment businesses. I think that what's doing better than planned as the margin performance of the business has just been exemplary through the quarter," Tobin said. Guidance Dover now expects adjusted full-year earnings per share between $9.05 and $9.20, up from its previous range of $9.00 to $9.15. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: —, Ingersoll Rand, Jim Cramer, Richard Tobin, Tobin, Encouragingly, It's, Marshall Excelsior, Demaco —, we've, That's, it's, DOV YTD, Dover, biopharma —, Danaher, he's, Jim Cramer's, DOV, Jim, Rafael Henrique Organizations: LSEG, IDEX Corp, Dover, Environmental Solutions Group, Engineered Products, Management, Solutions, Sustainability Technologies, Sustainability Tech, Environmental Solutions, CNBC, Getty Locations: Dover, Veralto, Michigan, biopharma

☆ We are upgrading our rating on Wells Fargo as investors dump stock post-earnings
▼ + stars: | 2024-07-12 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

Wells Fargo Why we own it : We bought Wells Fargo as a turnaround story under CEO Charlie Scharf. We are more excited by the outperformance of non-interest income than we are disappointed with the miss on net interest income. However, the team added, many of the factors driving net interest income are uncertain heading into the second half of the year. We don't like to see guidance misses, but bank interest income estimates depend on interest rates, which Wells Fargo has no real control over. Non-interest income increased 12% thanks to higher asset-based fees driven by an increase in market valuations.

Persons: Wells Fargo, Wells, Charlie Scharf, He's, Scharf, Wells Fargo's, —, It's, Jim Cramer's, Jim Cramer, Jim, Justin Sullivan Organizations: Wells, Bank of America, Citigroup, Management, Silicon Valley Bank, Consumer, Auto, Corporate, Wealth, CNBC, Getty Locations: Wells Fargo, Wells, NII, Silicon

☆ ‘Lumpy’ price action ahead for oil and gas prices, says OPIS forecast
▼ + stars: | 2024-07-05 | 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 Email‘Lumpy’ price action ahead for oil and gas prices, says OPIS forecastDenton Cinquegrana, Oil Price Information Service chief oil analyst, joins 'Fast Money' to talk how to play oil prices this summer.

Persons: Denton Organizations: Oil Price Information Service

☆ The AI trade dominated this week — here's how we're responding to the market divergence
▼ + stars: | 2024-06-14 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Market check: Stocks are trending lower Friday, a day after the S & P 500 and Nasdaq closed at a new record high. At nearly $800 billion following its earnings-driven surge this week, Broadcom is among the 10-most valuable companies in the S & P, too. Just like the Dow has lagged the S & P and tech-heavy Nasdaq, most of our Club-owned Dow names have been laggards. 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 .

Persons: Jim Cramer, Dow, Jim Cramer's, Jim Organizations: CNBC, Nasdaq, Broadcom, Nvidia, Apple, Microsoft, Palo Alto Networks, DuPont, Dow Jones, Dow, Honeywell, Procter & Gamble, Disney, New York Stock Exchange, Jim Cramer's Charitable Locations: Palo Alto

☆ I tried 27 of Trader Joe's seasonal summer products, and there are only 6 I wouldn't buy again
▼ + stars: | 2024-06-13 | by ( Savanna Swain-Wilson | ) www.businessinsider.com time to read: +40 min

Read previewFrom versatile crispy jalapeño pieces to luscious Southern-style peach ice cream, Trader Joe's has plenty of seasonal items for the summer. As part of an ongoing series in which I review Trader Joe's seasonal products, I gave the chain's summer offerings a try. These crispy jalapeño pieces would elevate just about any summer mealI had heard great things about Trader Joe's crispy jalapeño pieces. No frozen treat is complete without one of Trader Joe's organic sugar conesThis sugar cone paired well with Trader Joe's peach-crisp ice cream. As my experience is with most Trader Joe's salad kits, I think it also could've used a lot more dressing.

Persons: —, Joe's, Wilson, arugula, I've, graham, shortbread, dill, Wilson I'm, doesn't, garlicky, you'd, hummus, Savanna, I'm salivating, I'm, crisps, they're, ravioli, I'd, morsel, didn't, soggy, It's, jalapeño, jalapeño crisps Organizations: Service, Business, Wilson, nacho, snacking Locations: Savanna, dill, Jolly, radicchio

☆ Transition to next-generation AI chips and 2 other pressing questions ahead of Nvidia's earnings
▼ + stars: | 2024-05-22 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

Nvidia's Hopper chips include the H100, which was announced in 2022 and faced severe supply shortages last year as the AI gold rush intensified. Tuesday's AWS news represents a pushout in demand for Nvidia chips, not a loss of it. That would be the so-called "digestion" phase for AI chips that Wall Street has been speculating about since last year. If anything, AWS deciding to wait for the more-powerful Blackwell chips could mean the digestion phase is further out on the horizon than initially thought. Unlike last year, when Nvidia's chips were in such short supply, there are now rival chips out there, such as AMD's MI300X, which is angling for a corner of the inferencing market .

Persons: you've, it's, Jim Cramer, Hopper, Blackwell, Nvidia's Hopper, There's, Grace Hopper Superchip, Kimberly Powell, Powell, Jim Cramer's, Jim, Jensen Huang, Justin Sullivan Organizations: Nvidia, Blackwell, Amazon Web Services, CNBC, NVIDIA, AWS, Club, SAP Center Locations: Hopper, Ceiba, San Jose , California

☆ Sebastian Steudtner: Why big wave surfer feels most at ‘peace’ at the mercy of Mother Nature
▼ + stars: | 2024-05-02 | by ( Ben Church | ) edition.cnn.com time to read: +7 min

Set against these watery-monoliths of Mother Nature, Steudtner looks totally vulnerable, but it’s a brief moment in time when the surfer feels most at peace. “It’s complete chaos and you would think, as an outsider, it’s terrifying,” the big wave surfer tells CNN Sport. Simon Hofmann/Getty ImagesBig wave surfing is certainly not for everyone. “It’s the largest physical energy in the ocean which is about to explode on the shore, and I realize how small, little, insignificant and nothing we are as humans compared to nature,” Steudtner says. I can ride the wave the way I want to ride the wave.

Persons: Sebastian Steudtner, Nature, “, Steudtner, Octavio Passos, he’s, ” Steudtner, ”, Simon Hofmann, I’m, Eric –, lumpy ”, Stefan Matzke, windsurfer Organizations: CNN, CNN Sport, “, German Navy Locations: Portugal, Nazaré, Europe, Hawaii, Germany

☆ I tried 30 of Trader Joe's seasonal spring products, and there are only a few I wouldn't buy again
▼ + stars: | 2024-03-25 | by ( Savanna Swain-Wilson | ) www.businessinsider.com time to read: +44 min

AdvertisementOther candy makers should take notes because Trader Joe's clearly knows what it's doing when it comes to chocolate. I fell in love with the lemon-and-ricotta ravioli's tasty fillingThis lemon-and-ricotta option is my new favorite Trader Joe's ravioli. These blueberry-and-lemon hand pies are the perfect pastry for the spring seasonThe blueberry-and-lemon hand pies from Trader Joe's look homemade. Trader Joe's Portuguese custard tarts totally lived up to the hypeTrader Joe's Portuguese custard tarts blew me away. If someone told me Trader Joe's lemon sheet cake came from a fancy bakery, I wouldn't question it for a second.

Persons: —, I've, Wilson, Joe's, they're, Savanna, I'm, seitan, pico, gallo, there's, Joe's didn't, Parmesan, Almond, Wilson I'm, graham, They'd, Meyer, munch, Wilson I've, Ina Garten, They're, madeleines, Florentine, Joe, Wilson It's, frosting, pasteis, nata, I'd, pretzels, Joe's dulce, dulce de Organizations: Service, Business, Wilson Locations: Savanna, Eastern Europe, Parmesan, Portugal

☆ Quince Restaurant Sues E-Commerce Brand, Says It Stole Its Name
▼ + stars: | 2024-03-15 | by ( Kate Taylor | ) www.businessinsider.com time to read: +10 min

Tusk told BI that Last Brand has "continuously expanded their product line smack dab into our backyard." According to Gupta, the founders renamed the brand Quince in 2020 upon its official launch to play on the word quintessential, a reference to the brand selling premium essentials. "Off the record, we were eating at a sister restaurant to a three-Michelin-starred restaurant named Quince in SF, and we really loved the name," Gupta said. For now, the restaurant Quince will continue to deal with confused customers. "I know that we're outmatched and all that, but it kind of left us no choice," Tusk told BI.

Persons: Lindsay Tusk, She'd, Michael, Everett Noel, Tusk, Quince, —, Sid Gupta, Zachary Briers, " Briers, David —, Gupta, Leslie Williamson, Daniel Page, Last, Page Organizations: MICHELIN, Michelin, Better, Inc, Last Brand Inc, The New York Times Style Magazine, TV, FedEx, YouTube, Last, Brand Locations: San Francisco, Italy, San Francisco's, The, Bolinas , California

☆ Options traders are heavily trading this health stock ahead of a big conference this week
▼ + stars: | 2024-03-11 | by ( Michael Khouw | ) www.cnbc.com time to read: +5 min

We'll look at a health insurer stock with an interesting set-up heading into a big industry conference this week and break down various options trades being applied on it. Centene (CNC) traded nearly 9 times the average daily call volume on Friday ahead of Barclays 26th annual Global Healthcare Conference this week. Most active were the March 22nd weekly $82 calls and the March 28th weekly $82 calls. The mid price on the March 28th weekly $82 calls was nearly $2, substantially higher than the trader who initiated the block paid, and the weekly March 22nd calls would collect less than a quarter. If one owns the stock, a hedge might make sense, such as a weekly at-the-money put spread as illustrated below.

Persons: Bernstein, Centene, Cowen, what's Organizations: Barclays, Global Healthcare, Traders Locations: Texas, Florida, Georgia

☆ Inflation trajectory going to be 'quite lumpy', says Morgan Stanley CIO Lisa Shalett
▼ + stars: | 2024-02-20 | 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 EmailInflation trajectory going to be 'quite lumpy', says Morgan Stanley CIO Lisa ShalettLisa Shalett, Morgan Stanley CIO, joins 'Closing Bell Overtime' to talk red flags in the market rally, the day's market action and more.

Persons: Morgan Stanley, Lisa Shalett Lisa Shalett

☆ Wall Street cheers Coinbase after its first quarterly profit in 2 years, but skepticism lingers
▼ + stars: | 2024-02-16 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +8 min

Wall Street is celebrating Coinbase after the crypto exchange operator posted its first quarterly profit in two years. Late Thursday, Coinbase posted earnings of $1.04 per share on $954 million of revenue for the fourth quarter. "Happy days are here again" for Coinbase, as Raymond James put it, but it's not clear for how long. "That said, we maintain our U/P rating given crypto market unpredictability, lack of revenue diversification, valuation, and continued legal overhang." JPMorgan, neutral, PT $95 "Management calls spot bitcoin ETFs [a] net positive but, we're still unconvinced," said JPMorgan's Kenneth Worthington.

Persons: Coinbase, haven't, bitcoin, Raymond James, Goldman Sachs, Goldman, Will Nance, revs, Jason Kupferberg, Benjamin Budish, EBITDA, underperform, Patrick O'Shaughnessy, we're, Kenneth Worthington, Keefe, KBW's Kyle Voigt, Oppenheimer, Owen Lau, Devin Ryan, Needham, John Todaro, Canaccord, Joseph Vafi, Michael Bloom Organizations: LSEG, U.S . Securities, Exchange Commission, " Bank of America, Bank of America, Barclays, JPMorgan, Management, SEC, Coinbase's, BTC Locations: U.S, Coinbase, Needham

☆ Opinion: ‘Lisa Frankenstein’ is giving us a new kind of monster
▼ + stars: | 2024-02-09 | by ( Opinion Noah Berlatsky | ) edition.cnn.com time to read: +8 min

The new “Lisa Frankenstein,” by Zelda Williams in her directorial debut, hits some of the same notes. Kathryn Newton stars as Lisa Swallows and Cole Sprouse as The Creature in LISA FRANKENSTEIN, a Focus Features release. This is where “Poor Things” and “Lisa Frankenstein” diverge. Bella Baxter in “Poor Things” starts out as a clumsy innocent, but she becomes more knowledgeable and self-confident over time. “Lisa Frankenstein” shows why that’s a loss for all of us — and Lisa is ready to cut up the patriarchy to prove it.

Persons: Noah Berlatsky, CNN —, Mary Shelley’s, Frankenstein, ”, Victor Frankenstein, —, Shelley, Noah Berlatsky Noah Berlatsky, we’ve, “ Lisa Frankenstein, Yorgos Lanthimos, Lisa Frankenstein, Zelda Williams, Diablo Cody, “, Lisa, Kathryn Newton, She’s, Carla Gugino, Liza Soberano, Cole Sprouse, Lisa Swallows, LISA FRANKENSTEIN, Michele K, “ Lisa Frankenstein ”, Bella Baxter, she’s, Bella, Williams, Mary Shelley, Lord Byron, Celine Song’s “, Emma Stone, Atsushi Nishijima, Greta Gerwig’s, Barbie, “ Barbie, It’s, Cody, he’s, wouldn’t, Lisa Frankenstein ”, Barbie ”, “ Oppenheimer, Lily, Mary Organizations: CNN, REO, Searchlight Pictures Locations: Chicago, Hollywood, Taffy’s, “, Ireland

☆ Rep. Patrick McHenry, who served as temporary speaker, will not seek re-election
▼ + stars: | 2023-12-05 | by ( Sahil Kapur | ) www.cnbc.com time to read: +2 min

US Representative Patrick McHenry (R-NC) speaks to members of the media outside the office of US House Speaker Kevin McCarthy (R-CA), at the US Capitol in Washington, DC, on October 3, 2023. WASHINGTON — Rep. Patrick McHenry, R-N.C., announced Tuesday that he won't seek re-election in 2024, a shocking move to many of his colleagues that will further thin the ranks of Republican institutionalists in Congress. He gained national attention during his three-week stint in October as House Speaker pro tempore after Republicans ousted Rep. Kevin McCarthy, R-Calif., from the position. Despite his solidly conservative positions and voting record, McHenry is seen on Capitol Hill as a pragmatist and widely respected in both parties. During the speaker battle, McHenry was cited by Democratic leaders as the sort of GOP lawmaker who they trust enough to work with.

Persons: Patrick McHenry, Kevin McCarthy, Republican institutionalists, McHenry, Obama, Donald Trump, —, I've Organizations: US, WASHINGTON — Rep, Republican, Financial, Democratic, Republicans, Capitol, Trump, GOP Locations: Washington ,, R, McHenry

☆ ‘Napoleon’ Review: A Lumpy, Grumpy Little Man
▼ + stars: | 2023-11-22 | by ( Manohla Dargis | More About Manohla Dargis | ) www.nytimes.com time to read: +1 min

More startling, though, is that the movie is also often eccentric and at times eccentrically funny. You expect refined craft and technique from Scott and the pleasures of spectacle filmmaking at its most expansive. It opens in Paris amid that convulsion of violence called the Terror, with surging, shouting crowds and the metallic hiss of the falling guillotine blade. Aristocrats are losing their heads (Scott re-creates one execution with gory verisimilitude), and Napoleon Bonaparte — a mesmerizing, off-kilter, lumpish Joaquin Phoenix — will soon profit from the chaos. Before long, the story has jumped forward and now Napoleon is in the southern French port city of Toulon, where he strategically routs the Anglo-Spanish fleet that has taken the city.

Persons: Kane, ” Orson Welles, Welles, Ridley Scott, “ Napoleon, ” Scott, Napoleon ”, Scott, Karl, Napoleon Bonaparte —, lumpish Joaquin Phoenix —, Napoleon Organizations: “ Locations: “ Kingdom, Europe, Africa, Russia, Paris, Toulon

☆ Mom and pop shops are cutting software spending, creating jitters on Wall Street
▼ + stars: | 2023-11-16 | by ( Jake Piazza | In | ) www.cnbc.com time to read: +9 min

Joe Coffee founders Nick and Brenden Martin Joe CoffeeWall Street is on edge. Over the past two decades, small businesses have accounted for 40% of U.S. gross domestic product, according to the Chamber of Commerce. "If America is really built on the backbone of small business owners, why are they the ones that never catch the break?" In 2021, Joe Coffee, which now has 17 employees, created a full software and payments suite for coffee shops. WATCH: Xero will remain focused on core segments such as small businesses

Persons: PAYC ZI, Nick Martin, Joe Coffee, Martin, Joe Coffee's, aren't, Bill, Nick, Brenden Martin Joe Coffee, John Rettig, Cameron Hyzer, Yamini Rangan, Rangan, Bill didn't, Jake Dollarhide, Martins, Brenden Martin, Nick's, Brenden, Zhang Peng, they'd, Taylor McGinnis, ZoomInfo, we've, Bryan Keane Organizations: Starbucks, CNBC, Bill Holdings, Bureau of Labor Statistics, Joe, Nasdaq, Chamber of Commerce, Longbow Asset Management, Microsoft, Coffee Fest, UBS, Deutsche Bank Locations: Seattle, Paycom, West Richland , Washington, Coffee, Los Angeles

☆ Arm’s public-market journey starts with a stumble
▼ + stars: | 2023-11-09 | by ( ) www.reuters.com time to read: +2 min

A smartphone with a displayed Arm Ltd logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsLONDON, Nov 9 (Reuters Breakingviews) - Investors in the $56 billion semiconductor group Arm may be in for a bumpier ride than they hoped. The good news is that CEO Rene Haas expects revenue in the fiscal year to March of roughly $3 billion, in line with analysts' expectations. The less good news, which dragged Arm’s shares down 8%, is that Haas said revenue in the fiscal quarter to December might be anywhere from $720 million to $800 million. Admittedly, at the midpoint of the range that’s only $10 million below the mean analyst forecast, per LSEG.

Persons: Dado Ruvic, Rene Haas, Haas, Liam Proud, Lisa Jucca, Streisand Neto Organizations: REUTERS, Reuters, X, SEC, Thomson

☆ Macquarie sends shareholders a sell signal
▼ + stars: | 2023-11-03 | by ( ) www.reuters.com time to read: +2 min

Chief Executive of the Macquarie Group Shemara Wikramanayake, is seen in this handout picture taken in Sydney, Australia in 2022 released on May 5, 2023. Macquarie Group and Alice Boshell/Handout via REUTERS. Acquire Licensing RightsMELBOURNE, Nov 3 (Reuters Breakingviews) - Macquarie (MQG.AX) boss Shemara Wikramanayake knows how to time the market. The two moves seem designed to calm any shareholders nervous about the bank’s dip in fortunes. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Alice Boshell, Shemara Wikramanayake, Macquarie, Antony Currie, Aston Martin, Una Galani, Thomas Shum Organizations: Macquarie Group, REUTERS, Acquire, Rights MELBOURNE, Reuters, X, Pfizer, Thomson Locations: Sydney, Australia, Handout, Macquarie

☆ South Korea reports first lumpy skin disease outbreak at cattle farm
▼ + stars: | 2023-10-20 | by ( ) www.reuters.com time to read: +1 min

SEOUL, Oct 20 (Reuters) - South Korea reported on Friday the country's first outbreak of lumpy skin disease at a cattle farm, the agriculture ministry said. Four cows at a farm in the western city of Seosan were found to have been infected with the disease after showing skin lesion, the ministry said. Lumpy skin disease, which causes blisters and reduces milk production, is a highly infectious viral disease affecting cattle and buffalo that is transmitted by insect biting. Authorities have restricted access to and from the affected farm and plan to cull some 40 other cows at the facility, it said. The government has also imposed a 48-hour transport ban on cattle across the country starting on Friday afternoon to prevent the risk of a further spread of the disease, the ministry said.

Persons: Soo, Choi, Ed Davies Organizations: Thomson Locations: SEOUL, South Korea, Seosan

☆ Ether could jump 400% in a few years before staging a longer-term rally to $35,000, Standard Chartered says
▼ + stars: | 2023-10-11 | by ( Filip De Mott | ) www.businessinsider.com time to read: +4 min

Ether could hit $8,000 by end-2026, Standard Chartered analyst Geoff Kendrick wrote. Bitcoin's halving, regulatory developments, and the end to the bond market sell-off will also benefit ether. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . By the end of 2026, ether could reach $8,000, or a 400% jump from today's price of around $1,600.

Persons: Geoff Kendrick, —, Kendrick, Tokenization Organizations: Service, Chartered, BTC, ETH, FX Research, Digital Assets

☆ UBS upgrades Rivian, says there's a buying opportunity after recent sell-off
▼ + stars: | 2023-10-10 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +1 min

Rivian is now at an attractive entry point for investors after a recent sell-off, according to UBS. Rivian shares are down more than 22% this month after the company said it will over $1.5 billion in convertible green bonds. "While we continue to believe 2024 quarterly production/deliveries can be lumpy owing to plant re-rating, the lower stock price de-risks some of our concerns," he wrote. Rivian shares are higher by 1.9% for the year. RIVN YTD mountain Rivian YTD chart — CNBC's Michael Bloom contributed to this report.

Persons: Rivian, Joseph Spak, Spak, Rivian's, Michael Bloom Organizations: UBS Locations: 4Q24

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