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☆ Stocks making the biggest moves midday: Adobe, RH, Hasbro and more
▼ + stars: | 2024-06-14 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Check out the companies making headlines in midday trading: Adobe — The software stock surged 14% on stronger-than-expected quarterly results. Adobe posted adjusted earnings of $4.48 per share on $5.31 billion in revenue and boosted its full-year guidance. JPMorgan also upgraded shares to overweight from neutral. Hasbro — The toymaker's shares jumped 4.8% on the back of an upgrade from Bank of America to buy from neutral. Dell Technologies — The PC maker fell more than 1% after CEO Michael Dell disclosed the sale of 5.7 million shares.

Persons: RH, LSEG, Zscaler, Keith Gill, Stellantis, Michael Dell, —, Alex Harring, Michelle Fox, Pia Singh Organizations: Adobe, JPMorgan, Wall, Hasbro, Bank of America, Zero Trust Network Security, Boeing — Boeing, Federal Aviation Administration, Airbus, New York Times, GameStop, Dell Technologies Locations: Bank, U.S

☆ Stocks making the biggest moves premarket: Adobe, Hasbro, GameStop and more
▼ + stars: | 2024-06-14 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

GameStop — The meme stock dipped 1.1% after Keith Gill, known as "Roaring Kitty," seemingly increased his ownership in GameStop. He appears to be holding 9.001 million GameStop shares and over $6 million in cash, according to a screenshot he posted to Reddit. JPMorgan upgraded shares to overweight from neutral on Friday, saying Adobe is poised for "smoother sailing ahead" after its strong quarterly print. Hasbro — Bank of America upgraded the toymaker to buy from neutral, sending shares 1.7% higher. On the other hand, the company saw $727 million in revenue, topping the $725 million estimate from analysts.

Persons: Keith Gill, Adobe, RH, LSEG, ZScaler, Alex Harring, Michelle Fox Theobald Organizations: GameStop, Adobe, JPMorgan, Hasbro — Bank of America, Wall, Boeing, New York Times, Federal Aviation Administration, Zero Trust Network Security

☆ A Dark, Eruptive Force Hides Within These Inviting Fables
▼ + stars: | 2024-06-12 | by ( Dustin Illingworth | ) www.nytimes.com time to read: +1 min

GRETEL AND THE GREAT WAR, by Adam Ehrlich SachsInterwar Austria — baroque, violent, demented, doomed — flickers into view in Adam Ehrlich Sachs’s new novel, “Gretel and the Great War.” No staid work of history, this. Sachs draws from the madcap, darkly comic tradition of postmodern European fiction to reimagine the continent’s catastrophic destiny. The novel opens in November 1919, when Gretel, a young mute girl, is found wandering the streets of Vienna. The neurologist who eventually treats her receives a letter from a sanitarium patient claiming to be her father. But the novel’s charming formal sequence conceals an eruptive, ungovernable force.

Persons: GRETEL, Adam Ehrlich Sachs, —, Adam Ehrlich Sachs’s, “ Gretel, Sachs, Gretel, ”, toymaker Organizations: Austria Locations: Vienna

Morgan Stanley accompanied the move by cutting its price target to $100 from $120. His $185 price target, up from $160, forecasts that shares of Take-Two could rally 23% from Wednesday's close. — Lisa Kailai Han 5:55 a.m.: Bernstein initiates Ford at an outperform rating Investors who don't own Ford are missing out, according to Bernstein. — Lisa Kailai Han 5:55 a.m.: JPMorgan upgrades Hasbro Don't expect Hasbro's momentum to slow in the near future, according to JPMorgan. It also raised its price target on shares to $74 from $61, implying upside of 22%.

Persons: Bernstein, Morgan Stanley downgrades NetEase, Morgan Stanley, Alex Poon, Poon, Lisa Kailai Han, Omar Dessouky, Dessouky, — Lisa Kailai Han, Sam Poser, Sean Dodge, Dodge, GoodRx, Ford, Daniel Roeska, Roeska didn't, Roeska, Christopher Horvers, Fred Imbert Organizations: CNBC, Ford, JPMorgan, Hasbro, NetEase, Bank of America, Rockstar Games, Rockstar, Supreme, Corp, Trading, EMEA, Timberland, RBC, RBC Capital Markets, pharma, Kroger Locations: China, Wednesday's, Americas

☆ Stocks making the biggest moves before the bell: NVDA, LYV, SNOW
▼ + stars: | 2024-05-23 | by ( Alex Harring | ) www.cnbc.com time to read: +4 min

Snowflake posted $829 million in revenue, while analysts polled by LSEG had called for $786 million. Adjusted earnings for the period came in at 14 cents a share, however, missing the consensus estimate by 4 cents. Beauty — The cosmetics maker added 3.4% after easily surpassing consensus forecasts from analysts surveyed by FactSet for the fiscal fourth quarter. posted 53 cents in earnings per share, excluding items, on $321.1 million in revenue, while analysts penciled in just 33 cents on $292.6 million in revenue. On top of that, LiveRamp offered firm revenue guidance for both the current quarter and full year.

Persons: Snowflake, LSEG, NetEase, FactSet, e.l.f, LiveRamp, Cytokinetics, Goldman Sachs, Morgan Stanley, Ed Bred, Lori Koch, Alibaba, GoodRX, —, Jesse Pound, Pia Singh, Yun Li, Tanaya Macheel, Sarah Min, Michelle Fox Organizations: Nvidia, Micro, Taiwan Semiconductor, Bloomberg, Department of Justice, of, News, Corp, JPMorgan, DuPont de Nemours, DuPont, Bloomberg News, Bank of America, RBC, Hasbro —, Hasbro Locations: Southern, of New York, —

☆ Here are Thursday's biggest analyst calls: Nvidia, Tesla, Ford, Super Micro, Wendy's, Hasbro, Take-Two, Wynn & more
▼ + stars: | 2024-05-23 | by ( Michael Bloom | ) www.cnbc.com time to read: +9 min

Bank of America reiterates Nvidia as buy Bank of America raised its price target on the stock to $1,320 per share from $1,100 following earnings. Deutsche Bank initiates Freshpet a buy Deutsche said it sees "multiple structural tailwinds" for shares of the pet food and health company. Deutsche Bank initiates BellRing Brands as buy Deutsche said it sees a long runway for growth for the food company. " Deutsche Bank initiates Legend Biotech as buy Deutsche said it's bullish on the biotech company's multiple myeloma drug Carvykti. Bank of America reiterates Super Micro Computer as buy Bank of America said Nvidia's earnings report on Wednesday bode well for companies like Super Micro.

Persons: Bernstein, Ford, Morgan Stanley downgrades NetEase, Morgan Stanley, Evercore, BRBR, Wedbush, Jefferies, GDRX, Oppenheimer, Armour, Kevin, Dell, Chubb, Stephens, FHN, Tesla, Argus, it's bullish, bode Organizations: " Bank of America, Nvidia, Bank of America, Deutsche Bank, Deutsche, BellRing Brands, JPMorgan, Hasbro, RBC, Norfolk Southern, NSC, GE Vernova, GE, UBS, Eastman Chemical, Eastman, SAP, underperform Bank of America, Berkshire Hathaway's, of America, Rockstar Games, NextEra Energy Partners, Argus, Wynn, Biotech, Computer Locations: U.S, China, Berkshire, Macau, Las Vegas, 2H24

☆ Star Wars was the first Lego license — 25 years later, it's stronger than ever
▼ + stars: | 2024-05-04 | by ( Sarah Whitten | ) www.cnbc.com time to read: +7 min

Star Wars Lego models are seen at the Bricks & Figs museum in Krakow, Poland, on April 15, 2023. A design director at the Denmark-based Lego company, he has spent the past 25 years creating Lego Star Wars sets. Now, Lego Star Wars has become a blueprint for the company's other brand deals — think Harry Potter, Batman and Marvel's Avengers. The Lego Star Wars collaboration came at a time of financial turmoil for Lego. Lego Icons, Lego Technic, Lego City and Lego Harry Potter also performed well.

Persons: Jens Kronvold Frederiksen, Frederiksen, Darth Vader, Harry Potter, Jill Wilfert, Wilfert, It's, Paul Southern, Shirlaine Forrest, " Frederiksen, we're, Southern, We've Organizations: Anadolu, Getty, Star, CNBC, Disney, Epic Games, Lego Star, Lego, Force, Manchester Central, Imperial, Star Wars, Lucasfilm, Walt Disney Company, Lego Star Wars, Warner Bros, Games Locations: Krakow, Poland, Denmark, Lego, Manchester, England

☆ Got an Idea for a Toy? Toymakers Want to Hear From You.
▼ + stars: | 2024-05-04 | by ( Isaac Aronow | ) www.nytimes.com time to read: +1 min

“I spent two very intense weeks working on it, every night, every weekend, all the time that I had,” he said. Mr. Bolt was hoping to create the design for Lego Ideas, a program the toymaker started in 2008 to solicit ideas online directly from fans. Typically, designers post their concept on the platform, and if a design gets 10,000 votes, the company considers it for production. This case was different, though: It was the first time the company had given fans a concept to work with. A panel of judges selected his set and four others for a shortlist, and in a vote fans chose his set as their favorite.

Persons: Lucas Bolt, “, ”, Bolt Organizations: & Locations: Amsterdam

— Warren Buffett's annual shopping event, the pregame to Berkshire Hathaway 's annual meeting, is wowing shareholders flocking here this weekend. JazwaresSquishmallow pit at the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nevada on May 3, 2024. Sarah Min | CNBCSome highlights include the latest Squishmallows toys for Buffett and Charlie Munger, a splashy Squishmallows pit, as well as other displays. Poor Charlie's AlmanackCharles Munger remembrance ahead of the Berkshire Hathaway Annual Shareholders Meeting at Omaha, Nevada on May 3, 2024. Sarah Min | CNBCThe Bookworm only had one book to sell this year: "Poor Charlie's Almanack: The Essential Wit and Wisdom of Charles T.

Persons: Warren Buffett, Charlie Munger, Sarah Min, — Warren, Berkshire Hathaway, Brooks, Buffett, Charles Munger, Charles T, Munger, Haslam, Warren Buffett's Berkshire Hathaway, CNBC Brooks Organizations: Berkshire Hathaway, CNBC OMAHA, Berkshire, CHI, CNBC, CNBC Jazwares, Berkshire Hathaway's, FlightSafety, CNBC Berkshire, Travel Centers, Procter & Gamble Locations: Omaha , Nebraska, Neb, Omaha , Nevada, Berkshire, North America, Brooks, Queen

☆ Stocks making the biggest moves midday: Tesla, Hilton, Boeing, Mattel and more
▼ + stars: | 2024-04-24 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +4 min

Hilton Worldwide Holdings — The hotel stock climbed 4% on the back of strong first-quarter adjusted earnings and raised full-year guidance. Mattel saw $810 million in revenue during the quarterly period, which was less than the consensus estimate of $832 million. Adjusted earnings per share came in at 61 cents, beating analysts' expectations of 27 cents per share, according to LSEG. Revenue of $757 million was greater than the $739 million analysts anticipated. Sales of Biogen's Alzheimer's drug Leqembi came in at about $19 million for the quarter, surpassing the $11 million analysts had anticipated, per FactSet.

Persons: LSEG, Elon Musk, Tesla, Musk's, Hilton, Mattel, Enphase, Biogen, LSEG ., Leqembi, —, Jesse Pound, Alex Harring, Michelle Fox, Lisa Han Organizations: Boeing, . Old Dominion, Hilton Worldwide Holdings, Texas, Mattel, LSEG, Hasbro, Enphase Energy, Dynamics —, Dynamics, Seagate Technology, Seagate Locations: FactSet, LSEG

☆ Stocks making the biggest moves premarket: Boeing, Tesla, Visa, Airbnb and more
▼ + stars: | 2024-04-24 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

Airbnb – The vacation property rental platform added nearly 2% following an upgrade by Mizuho to buy from neutral. Visa — Shares of the payment company rose more than 2% after stronger than expected results for the second fiscal quarter. Texas Instruments posted $1.20 per share on $3.66 billion in revenue, beating analysts' projections of $1.07 and $3.61 billion, respectively, per LSEG. Mattel saw $810 million in revenue during the quarterly period, which was less than the consensus estimate of $832 million. Enphase said to expect second-quarter revenue between $290 million and $330 million, under the consensus forecast of $349 million.

Persons: Mizuho, Elon Musk, Tesla, LSEG, —, Enphase, Alex Harring, Samantha Subin, Jesse Pound, Brian Evans, Yun Li, Sarah Min, Michelle Fox Theobald Organizations: Boeing —, Boeing, Mizuho, Summer Olympics, Visa —, Visa, Revenue, Texas, Sea, Capital, Mattel, LSEG, Enphase Energy

☆ Toymaker Hasbro posts quarterly profit beat, slower sales decline
▼ + stars: | 2024-04-24 | by ( ) www.cnbc.com time to read: +1 min

Hasbro reported a smaller-than-expected drop in first-quarter sales and handily beat profit estimates on Wednesday, as leaner inventories and steady digital gaming revenue helped cushion a drag from softer demand for toys. However, efforts to clean up its inventory throughout 2023, along with cost efficiencies, helped its operating margin expand to 15.3%, from 1.8% last year. On an adjusted basis, Hasbro reported earnings per share of 61 cents in the quarter ended March 31, compared to 1 cent last year. The toy maker said it was on track to achieve the fiscal 2024 targets it set in February. On Tuesday, Barbie maker Mattel posted a smaller-than-expected loss for the first quarter, helped by its costs-saving measures.

Persons: Barbie, Mattel Organizations: Hasbro, Walmart, Target, Revenue, Wizards, Coast

☆ Stocks making the biggest moves after the bell: Tesla, Visa, Mattel and more
▼ + stars: | 2024-04-23 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Tesla — The electric vehicle maker climbed 6.9% despite earnings coming in weaker than analysts forecasted for the first quarter. Tesla posted 45 cents in adjusted earnings per share on $21.3 billion in revenue, while analysts surveyed by LSEG anticipated 51 cents and $22.15 billion. Mattel said it gave up 5 cents per share in the first quarter, less than the 12 cents anticipated by analysts polled by LSEG. Mattel saw $810 million in revenue for the three-month period, under Wall Street's consensus estimate of $832 million. The company said to expected second-quarter revenue between $290 million and $330 million, under the consensus forecast of $349 million.

Persons: Tesla, LSEG, Enphase Organizations: Mattel, LSEG, Texas, Visa

☆ 'Mattel is a turnaround story' when it comes to sustainability, says Helen Mbugua-Kahuki
▼ + stars: | 2024-04-22 | 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 Email'Mattel is a turnaround story' when it comes to sustainability, says Helen Mbugua-KahukiHelen Mbugua-Kahuki, director of research at Calvert Research & Management, joins CNBC's 'The Exchange' to discuss sustainability stock picks, how the toymaker behind Barbie is going greener, and more.

Persons: Helen Mbugua, Barbie Organizations: Mattel, Calvert Research & Management

☆ Lego is cashing in big time on its adult fan base, doubling its revenue in the last decade
▼ + stars: | 2024-04-14 | by ( Katie Balevic | ) www.businessinsider.com time to read: +2 min

Lego is cashing in on adult fans buying high-priced Lego sets. The $850 Millennium Falcon set is part of how Lego doubled its revenue in a decade. Lego knows that and is cashing in on its base of adult fans willing to dish out hundreds of dollars on elaborate sets. "Nowadays it's not so geeky," Sian Twynham, another adult Lego builder, told the Journal. AdvertisementWhether it's nostalgia or strategic marketing, toy companies are seeing big returns when they rebrand kids products for adult audiences.

Persons: —, Jonny Edmondson, We've, Julia Goldin, Lego's, Sian Twynham, Greta Gerwig's, toymaker Mattel, execs Organizations: Service, Star, Wall Street, Warner Bros, Hasbro, Associated Press

☆ Smucker's fifth-generation CEO said he's no nepo baby and won't let his kids be, either
▼ + stars: | 2024-04-09 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +3 min

Mark Smucker, the CEO of J. M. Smucker Company, said the company is a meritocracy. Smucker, a fifth-generation leader, worked outside the company and got a graduate degree before joining. Family members must work outside the company and preferably hold a graduate degree. AdvertisementThe CEO said he was not always keen to join the family business as a child. "One is that you've got to work outside the company no matter what.

Persons: Mark Smucker, —, Smucker's, Orville, Smucker, Fortune, William & Mary, you've, Richard, Richard Smucker, Thomas Kirk Organizations: Smucker, Service, William &, Arizona State, Brightstar Capital Partners, New York Magazine Locations: Orville , Ohio, Alabama, Argentina, South America, Danish

☆ A California police force is in trouble with Lego after using its signature yellow heads to hide the faces of suspected criminals
▼ + stars: | 2024-03-27 | by ( Polly Thompson | ) www.businessinsider.com time to read: +3 min

A South California police department has been editing Lego heads onto suspects to protect their identity. AdvertisementA Southern California police department has found itself in trouble with Lego after it started editing the toy company's famous yellow heads onto criminal suspects. Screenshots show Lego faces edited onto suspects and posted to the Murrieta PD's Instagram page. The department may now have to turn to its stash of Barbie and Shrek faces, which also appear on the Instagram page, to protect suspects' anonymity. "Do they want people, who are being paid with their tax dollars, be paid to put Lego faces on people so it can be shown on social media?

Persons: —, Bill, Jeremy Durrant, " Durrant, Corey Jackson, Jackson Organizations: Service, Southern, Police, Murrieta Police Department, Lego, Fox News Digital, California Assembly, Associated Press Locations: California, Danish, Southern California, Murrieta, Los Angeles

☆ ‘Problemista’ actor Laith Nakli plays an immigration lawyer. In real life he’s fighting his own case
▼ + stars: | 2024-03-23 | by ( Catherine E. Shoichet | ) edition.cnn.com time to read: +17 min

Khalil, played by Laith Nakli, perks up and races to scribble on his notepad. And as he helps promote the film, he’s speaking out about a side of himself that few people have seen. Laith Nakli, actorThe crime could have led to his deportation. … That pressure is just completely unfair.”Actor Laith Nakli plays an earnest immigration lawyer in "Problemista." The cloud Nakli feels every day wasn’t literally depicted on-screen, but Nakli says he saw it clearly hovering over Alejandro’s every move.

Persons: CNN —, ”, tepidly, “, Julio Torres, Khalil, Torres ’ Alejandro, Alejandro, ” Alejandro, Laith Nakli, ” Khalil, Elizabeth Asencio, Tilda Swinton, Elizabeth, Jon, Torres, it’s, “ I’ve, I’ve, “ Problemista’s, Nakli, It’s, who’d, Mr, Nasim Awad, ” Nakli, he’d, Marvel, Obama, hasn’t, That’s, He’s, he’s, you’d, ” Torres, Critics, haven’t, Larry Owens, toymaker Alejandro's, Isabella Rosselini, Ramy Youssef, Nakli’s, Laith, ” Youssef, “ He’s, Uncle Naseem, Ramy Youseff, Craig Blankenhorn, who’s, Julie In, Hayley Wilson Organizations: CNN, Khalil Immigration, SNL, Customs, Craigslist, Justice, Globe, Service Locations: United States, Salvadoran, El Salvador, “, New York, Damascus, Syria, King Kong, Texas, —, Hulu, America, “ Problemista

☆ Lego revenue ticks higher in 2023, despite trade-downs and China pullback
▼ + stars: | 2024-03-12 | by ( Sarah Whitten | ) www.cnbc.com time to read: +3 min

The Lego company grew sales 2% last year, even as the global toy industry saw sales slip 7%, according to data from Circana. The pandemic-era gains that fueled exponential toy industry sales growth waned in 2023 as consumers cut discretionary spending amid rising inflationary costs and increased credit card debt. Meanwhile Denmark-based Lego posted resilient sales, with revenue reaching 65.9 billion Danish krone, or about $9.65 billion, it said Tuesday. The company saw sales jump 27% in 2021 and 17% in 2022. The toymaker's top-performing brands last year included Lego Icons, Lego Technic, Lego City, Lego Harry Potter and Lego Star Wars.

Persons: Niels Christiansen, Harry Potter, Christiansen, Lego, We're Organizations: CNBC, Lego, Lego Star, Epic Games Locations: Denmark, Lego City, China

DETROIT – General Motors' long-time head of manufacturing is retiring, and the company has hired a former Tesla and Google executive to fill his shoes. The Detroit automaker said on Tuesday that Gerald Johnson, executive vice president of Global Manufacturing and Sustainability, will pass the baton to Jens Peter "JP" Clausen, a former executive with Tesla, Lego and, most recently, Google. Johnson's departure isn't unexpected after a 44-year tenure with the automaker, however GM also announced another more surprising departure on Tuesday: that of Mike Abbott, executive vice president of software and services. Baris Cetinok, current vice president of product in software and services, has been named Abbott's interim replacement while a search is conducted. The company's board members include former Tesla President of Global Sales and Service Jon McNeill.

Persons: Gerald Johnson, Jens Peter, JP, Clausen, Johnson, Mike Abbott, Abbott, Baris Cetinok, Elon Musk, JB Straubel, Tesla's, Tesla, Gingko Bioworks, Jon McNeill Organizations: Motors, Global Manufacturing, Labor, DETROIT –, Google, Detroit, Sustainability, GM, Apple, Tesla, Softbank, company's, Technology, Global Sales Locations: Warren , Michigan, DETROIT, Nevada, Reno, Zymergen

☆ Lego revenue grows 2% in 2023, as CEO hails 'very, very strong' U.S. progress
▼ + stars: | 2024-03-12 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

Lego said its 2023 revenue was 2% higher compared to the previous year, growing to 65.9 billion Danish krone (around $9.65 billion). "It was a difficult year," Lego CEO Niels Christiansen told CNBC. The Danish toymaker said operating profit declined slightly from 17.9 billion Danish krone to 17.1 billion, noting that it had boosted spending on strategic initiatives designed to drive growth. Net profit came in at 13.1 billion Danish krone in 2023, compared to 13.8 billion the previous year. Toy company Hasbro earlier this month said its 2023 revenue fell by 15% compared to 2022 and that it expected to see a further decline this year.

Persons: Lego, Niels Christiansen, toymaker Organizations: CNBC, Toy, Hasbro Locations: China, U.S, Europe

☆ Barbie is the blueprint as Mattel seeks to revitalize American Girl, Fisher-Price
▼ + stars: | 2024-03-07 | by ( Sarah Whitten | ) www.cnbc.com time to read: +6 min

This is especially important for the company's Fisher-Price and American Girl brands, which have been in the midst of their own transformations for several years. In just the last year, net global sales for American Girl were down 9%. When it comes to to the American Girl brand, Kreiz admits that the challenges "were not product driven," but rather an issue with its commercial strategy. American Girl doll by Mattel Source: Mattel"We think there's some real opportunities to continue to grow the brand and extend the story that exists within American Girl thoughtfully, and we want to do it authentically," said Silverman. Mattel executives remained tightlipped about what to expect from an upcoming American Girl movie, which currently does not have a release date.

Persons: Barbie, Ynon Kreiz, Fisher, Price, Kreiz, He's, Greta Gerwig, Josh Silverman, Margot Robbie, It's, company's Fisher, Capital, Mattel, Silverman, Lisa McKnight Organizations: Warner Bros, Mattel, Barington Capital, American Girl, CNBC, Sinfonietta, Sunday's, American, Fisher, Disney, Paramount Locations: American

☆ Helen Mirren gets her own Barbie for International Women’s Day
▼ + stars: | 2024-03-06 | by ( Lianne Kolirin | ) edition.cnn.com time to read: +3 min

CNN —Actress Helen Mirren has said she is “blown away” by a new Barbie created in her likeness. The glamorous doll, complete with its own Academy Award, is one of a series of eight launched by toymaker Mattel to mark International Women’s Day on Friday. Mirren, the 78-year-old star who narrated last year’s hit “Barbie” movie, said she regards the creation of the doll as a “huge compliment.”The new dolls were created to mark International Women's Day. And the cherry on top of the cake is my doll having a miniature Oscar. Thank you @barbie @barbiestyle @Mattel”Previous role model dolls have included TV producer Shonda Rhimes, professional skateboarder Sky Brown and Sarah Gilbert, who developed the Covid-19 vaccine.

Persons: Helen Mirren, toymaker Mattel, Mirren, ”, Barbie, “ Elizabeth I, Golda, “, –, Del, I’d, Kylie Minogue, Shania Twain, Viola Davis, Maira Gomez, Lila Avilés, Nicole Fujita, Enissa Amani, Minogue, Kylie, Shonda Rhimes, Sky Brown, Sarah Gilbert, Aude, Krista Berger, she’s Organizations: CNN, Cannes, Mirren, Mattel, Hollywood, Reuters Locations: ”, British, Mexican

☆ These are the stocks investors should bet against, Wolfe Research says
▼ + stars: | 2024-02-17 | by ( Brian Evans | ) www.cnbc.com time to read: +4 min

As the market seesaws, Wolfe Research is eyeing stocks where it thinks downward pressure is building. But no matter which way the market heads from here, Wolfe thinks there are some stocks that could make for profitable short selling targets. Tesla has the second-most mentions among Wolfe's short interest screens with six, trailing Walgreens , which has seven. The stock's short interest hovers around 16% of float, and it appears on seven of Wolfe's short screens. DraftKings now appears on four of Wolfe's short screens, up from three in the month prior.

Persons: Wolfe, Tesla, DraftKings Organizations: Wolfe Research, Reserve, Dow Jones Industrial, Walgreens, LSEG, Hasbro, Moderna Locations: chug

☆ Stocks making the biggest moves midday: Uber, Airbnb, MGM Resorts, Robinhood and more
▼ + stars: | 2024-02-14 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +5 min

Uber — Uber's shares jumped 11%, climbing to a new 52-week high, after the ride-hailing company announced an inaugural $7 billion share repurchase authorization program. The higher end of the company's full-year earnings per share guidance, $11.40, was also above estimates of $10.83 per share. On Tuesday, DaVita posted earnings of $1.87 per share, ex-items, on $3.15 billion in revenue. Robinhood Markets — Shares of the trading platform jumped 9% after the company posted a surprise earnings and revenue beat. Robinhood posted earnings of 3 cents per share, while analysts expected a 1 cent per share loss, according to LSEG.

Persons: Uber, Uber's, Lyft, IQVIA, Charles River, DaVita, FactSet, Robinhood, Zillow, LSEG, bitcoin, Energy rocketed, CleanSpark, Topgolf Callaway, Akamai, Kraft Heinz, Airbnb, CNBC's Hakyung Kim, Alex Harring, Jesse Pound, Pia Singh, Michelle Fox Organizations: Uber Technologies, Inc, IQVIA Holdings, Charles River Laboratories, Revenue, Miners, Energy, Marathon, MGM Resorts, Hasbro Locations: New York City, FactSet, LSEG, China, Macau, U.S, Detroit

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