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☆ Jefferies upgrades Las Vegas Sands and Wynn Resorts as stocks soar on Macao reopening
▼ + stars: | 2022-09-26 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Jefferies on Monday upgraded Las Vegas Sands and Wynn Resorts after Macao announced its plan to allow Chinese tour groups back in the casinos as soon as November. "The moment we've been waiting for," Jefferies analysts led by David Katz said in a note to clients Monday. Shares of Wynn Resorts rallied 14% Monday, while Las Vegas Sands also soared a similar amount. Jefferies also lifted the price target for Las Vegas Sands to $50 from $40, Wynn to $75 from $62. Still, the analysts raised the question about the concession renewal process following the reopening.

☆ Stocks making the biggest moves midday: Wynn Resorts, Planet Fitness, AMC, Lyft and more
▼ + stars: | 2022-09-26 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

An exterior view shows Encore Las Vegas (L) and Wynn Las Vegas as the coronavirus continues to spread across the United States on March 15, 2020 in Las Vegas, Nevada. Las Vegas Sands, Wynn Resorts — Shares of the casino operators both soared about 11% after Macao announced its plan to allow Chinese tour groups back in the casinos as soon as November. Chegg — Shares of the educational tech company jumped more than 6% after Needham upgraded the company to a buy rating from hold. Planet Fitness - The gym stock jumped 2% after Raymond James upgraded Planet Fitness to strong buy from market perform. Lyft – Shares of the ride hailing company fell about 3% after UBS downgraded the stock to neutral from a buy.

☆ Final Trades: Wynn Resorts, Honeywell, General Motors & more
▼ + stars: | 2022-09-26 | 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 EmailFinal Trades: Wynn Resorts, Honeywell, General Motors & moreThe "Halftime Report" traders give their top picks to watch for the second half.

☆ 3 takeaways from our daily meeting: Market stabilization, putting cash to work, Macao reopening
▼ + stars: | 2022-09-26 | by ( Krystal Hur | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. The market has a chance to stabilize Putting money to work in the oversold market China loosens some Covid rules 1. Putting money to work in the oversold market Following Friday's sell-off, the S & P Oscillator showed the market to be at its most oversold level since mid-June. 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.

☆ What the Club is watching Monday — yields and dollar way up, stocks down, we want to buy
▼ + stars: | 2022-09-26 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

So, after a period of aggressive selling, the Club wants to buy stocks back now. Citi raises its price target on Club holding Wynn Resorts (WYNN) to $91 per share from $87.50. 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.

☆ Wall Street ends lower, Dow confirms bear market
▼ + stars: | 2022-09-26 | by ( Noel Randewich | ) www.reuters.com time to read: +3 min

After two weeks of mostly steady losses on the U.S. stock market, the Dow Jones Industrial Average (.DJI) confirmed it has been in a bear market since early January. With the Fed signaling last Wednesday that high interest rates could last through 2023, the S&P 500 has relinquished the last of its gains made in a summer rally. According to a widely used definition, ending the session down 20% or more from its record high close confirms the Dow has been in a bear market since hitting its January peak. In Monday's session, the Dow Jones Industrial Average (.DJI) fell 1.11% to end at 29,260.81 points, while the S&P 500 (.SPX) lost 1.03% to 3,655.04. The S&P 500 posted no new 52-week highs and 120 new lows; the Nasdaq Composite recorded 16 new highs and 594 new lows.

☆ China's new J-20 is nothing 'to lose a lot of sleep over,' but the US's stealth advantage isn't safe, US commanders say
▼ + stars: | 2022-09-23 | by ( Christopher Woody | ) www.businessinsider.com time to read: +7 min

China's air force has rapidly grown in size and capability, adding advanced jets like the J-20. The J-20 isn't "anything to lose a lot of sleep over," the head of US Pacific Air Forces said this week. But US Air Force leaders do say the US needs to work to stay head of the progress China is making. "We can take a look at it today and say we're not going to lose a lot of sleep. I'll lose sleep if we don't continue to modernize our Air Force to ensure that we stay ahead of where they are."

☆ Investors Shun Macau Casinos’ Bonds as Tourism From China Plummets
▼ + stars: | 2022-09-22 | by ( Elaine Yu | ) www.wsj.com time to read: 1 min

Tourists waited to board a vehicle outside a Macau casino resort three years ago. Visitors from mainland China to Macau in the first half of this year fell 78% from the same period in 2019. Prices of dollar bonds from Wynn Macau have tumbled to as low as 68 cents on the dollar, levels more commonly associated with distressed debt. A bond from MGM China Holdings that matures in 2027 was at about 76.6 cents on the dollar Wednesday, according to FactSet. Casino bonds that mature in 2024 are yielding more than 15%.

☆ Stocks making the biggest moves midday: Change Healthcare, Ford, PayPal, Humana and more
▼ + stars: | 2022-09-20 | by ( Carmen Reinicke | ) www.cnbc.com time to read: +3 min

Change Healthcare – Shares of Change Healthcare jumped 6.4% after a federal judge said that UnitedHealth cannot take over the company. Humana – Shares of health company Humana gained 1% and touched an all-time high a day after the company raised its earnings guidance for the fiscal year. Cognex — Shares of machine vision systems maker Cognex jumped nearly 7% after the company raised its revenue outlook for the current quarter. Olin — The manufacturing company fell 4.6% after issuing its third-quarter EBITDA guidance. MicroStrategy – Shares of software company MicroStrategy fell 4.6% after the company announced that it made its smallest purchase of Bitcoin in two years.

☆ FedEx inflamed recession fears. These are our least economically sensitive stocks
▼ + stars: | 2022-09-16 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +12 min

FedEx hasn't exactly been a perfect company in recent years, and Subramaniam acknowledged to Jim that FedEx needs to get its own house in order. However, the traditional recession playbook involves selling energy stocks due to fears of demand collapsing. Mixed bag The stocks discussed here have a mixture of economically resilient and sensitive characteristics to them, such as Microsoft (MSFT) and Apple (AAPL). (See here for a full list of the stocks in Jim Cramer's Charitable Trust.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ What Cramer is watching Thursday — rail strike avoided, deluge of Club stock news, Putin-Xi meeting
▼ + stars: | 2022-09-15 | by ( Jim Cramer | ) www.cnbc.com time to read: +5 min

Humana (HUM) investor update meeting Thursday: much better than expected price targets: Full-year earnings per share $23.08, up from $20.30. Club holding Starbucks (SBUX): Deutsche Bank and Morgan Stanley raise price targets. Mizuho cuts price targets for Club holdings Nvidia (NVDA) and Advanced Micro Devices (AMD), because of a pending hypercomputing slowdown. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. A pay dispute between rail workers and unions threatens a nationwide freight rail strike as early as September 16, 2022.

☆ Here’s our September rapid-fire update on all 33 stocks in Cramer’s Charitable Trust portfolio
▼ + stars: | 2022-09-15 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +11 min

Here's a rapid-fire update on every stock in the CNBC Investing Club portfolio. Halliburton (HAL) — The only energy stock in the portfolio that we haven't trimmed in recent weeks. (See here for a full list of the stocks Jim Cramer's Charitable Trust.) 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.

They strategized on what they want to do next: elect their own candidates to school boards, pass state legislation and diminish the influence of teachers unions. “It’s been said we’re some political powerhouse,” said Tiffany Justice, who co-founded Moms for Liberty in January 2021 with Tina Descovich. Moms for Liberty founders Tiffany Justice, left, and Tina Descovich present the Liberty Sword to Gov. “When I’m going up there by myself, the school board overlooks you,” said Ken Davenport, a father from a chapter in Orange County, Florida, who is running for state representative. Ron DeSantis, is joined by her 5-year-old daughter, Madison, after a question and answer session at the Moms for Liberty Summit.

The solution: The best investors do both — maintain a long view while also focusing on the shorter term. For the sake of this exercise, let's consider one end of the barbell to be the "long-term view," and on the other the "short-term focus." Long-term view stocks First the long-term view: These stocks will be the more passively managed names and identifying them is what will free us up to focus on those that require more active management. As a result, the long-term view beats the near-term dynamics. With the earnings serving to confirm our long-term view, we took a shot at around the $2,600 level — $2,628.56 to be exact.

☆ Insider Life: Red-hot housing market — MGM's Picasso auction — Austin's 'new normal'
▼ + stars: | 2021-08-13 | by ( Jordan Parker Erb | ) www.businessinsider.com time to read: +3 min

Kingsley CarsKingsley Cars is a UK-based company that transforms old Range Rovers into $200,000 works of art. Plus, some say Stitch Fix doesn't have enough trendy clothes for clients looking for post-pandemic, "back-to-life" outfits. Hear more from Stitch Fix stylists. See some of the art going up for auction. Marianne Ayala/InsiderAustin's hot housing market has reached what brokers are calling a "new normal."

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