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☆ Strikes are often buying opportunities for GM shares, but this time could be different
▼ + stars: | 2023-09-19 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

GM, led by CEO Mary Barra, tends to be the U.S. automaker most affected by strikes, historically speaking. During past work stoppages, GM has experienced 94% of total lost worker days among the Big Three U.S. auto manufacturers, Barclays said. The trading pattern for GM shares during walkouts has been somewhat predictable. GM has so far followed this trend, with shares barely changed on the year, compared with a 15% gain for the S & P 500 . in the eventual agreement that create an amount in excess of this would likely negatively impact post-strike stock performance," Levy said.

Persons: Mary Barra, Dan Levy, Levy Organizations: Motors, Barclays, GM, Big, United Auto Workers, UAW Locations: U.S, walkouts

☆ This individual investor favorite has endured even as other meme stocks fell from favor
▼ + stars: | 2023-09-17 | by ( Alex Harring | ) www.cnbc.com time to read: +5 min

Retail traders have made the leap from so-called meme stocks , including GameStop and AMC , over the past few years. All the while, Tesla inflows from retail traders have mostly climbed in the past half decade, according to data analyzed by Vanda Research. "It's a growth stock, but it's really a hopes-and-dreams stock," said Irwin, who covers Tesla and other clean technology stocks. Tesla's climb also comes amid a broader buy in from retail investors in their favorites. "This is probably a golden era for Tesla," Irwin said.

Persons: Tesla, —, Roth, Craig Irwin, Irwin, it's, Elon Musk, Ford, hasn't, Dan Levy, Toyota's Organizations: GameStop, AMC, Vanda Research, Trust, General Motors, Barclays, Toyota Locations: Wall, U.S, China, Europe

☆ UAW strike: What it means for auto industry
▼ + stars: | 2023-09-15 | 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 EmailUAW strike: What it means for auto industryDan Levy, U.S. autos and mobility analyst at Barclays, joins 'Squawk on the Street' to discuss the supplier impacts of the UAW strike and what it may mean for the industry going forward.

Persons: Dan Levy Organizations: UAW, Barclays Locations: U.S

☆ Truist says this power generator builder can rally more than 40%
▼ + stars: | 2023-08-04 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

Generator supplier Generac is primed for major gains ahead, according to Truist. The firm upgraded the stock to buy from hold on Friday. GNRC 5D mountain Generac this week But analyst Jordan Levy said investors shouldn't shy away from the stock. The analyst also pointed to potential upside compared to the firm's 2024 forecasts for growth thanks to pent up demand for home standby generators. Investment firm Janney also upgraded Generac to buy on Friday, citing improvements in free cash flow generation, an attractive valuation and potential upside from an analyst day in September.

Persons: Jordan Levy, Levy, Janney, — CNBC's Michael Bloom Organizations: Investment Locations: Thursday's

☆ The surprising list of actors who were up to play Ken in ‘Barbie’
▼ + stars: | 2023-07-25 | by ( Lisa Respers France | ) edition.cnn.com time to read: +2 min

CNN —Ryan Gosling may or may not be your ideal Ken in the new “Barbie” movie, but one of the film’s casting directors has shared who else might have gotten the role. In an interview with Vanity Fair, Allison Jones — who cast the hit film along with Lucy Bevan — talked about who else might have joined Barbie in her dream house. Like the line of dolls the movie is based on, there are multiple Barbies and Kens portrayed by a diverse cast of actors. And that meant Bowen Yang, Dan Levy, and Ben Platt were out of the running to play Ken. “Simu Liu was dying to be a Ken, God bless him,” Jones said of the actor who was eventually cast as one of the Kens.

Persons: CNN — Ryan Gosling, Barbie, Allison Jones —, Lucy Bevan —, Kens, Jones, Bowen Yang, Dan Levy, Ben Platt, Ken, “, I’m, ”, CJ Rivera, Slaven Vlasic, Evan Agostini, “ Simu Liu, ” Jones, Allan, Jonathan Groff, ’, Michael Cera, Bevan, Greta Gerwig, ” Bevan, ” Margot Robbie snagged, Kate McKinnon, Issa Rae Organizations: CNN Locations: London, Dua Lipa

☆ Disney used its theme park actors on the red carpet for the 'Haunted Mansion' premiere after the film's stars skipped the event in solidarity with the actors' strike
▼ + stars: | 2023-07-16 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +3 min

In lieu of the film's stars who are on strike, theme park character actors took to the red carpet. Director Justin Simien attended the premiere but said he supported the actors on strike. Disney used its theme park actors on the red carpet after stars of the company's "Haunted Mansion" reboot skipped the film's premiere in solidarity with the SAG-AFTRA actors' strike. According to The Hollywood Reporter, instead of having actors walk the red carpet on Saturday, Disney rolled out several of its theme park actors. —The Hollywood Reporter (@THR) July 16, 2023Director Justin Simien and some of the film's producers also showed up halfway through the event to walk the red carpet, the outlet reported.

Persons: Justin Simien, Tiffany Haddish, LaKeith Stanfield, Danny DeVito, Rosario Dawson, Chase W, Dillon, Dan Levy, Jamie Lee Curtis, Hasan Minhaj, Marilu Henner, Lindsay Lamb —, AFTRA, Mickey Mouse, Minnie Mouse, Maleficent, —, Simein, Katie Dippold, Simien, Disney Organizations: Disney, Morning, SAG, Hollywood Reporter, Writers Guild of America, Hollywood, Guild of America Locations: California

☆ Top Tesla bull says the EV stock could see a setback after its breathless 115% rally
▼ + stars: | 2023-06-23 | by ( George Glover | ) www.businessinsider.com time to read: +3 min

Well-known Tesla bull Adam Jonas slashed his rating for the stock Thursday. Shares have jumped 115% year-to-date – and the Morgan Stanley analyst isn’t alone in advising investors to take some profits from that rally. "While the team has defended the Tesla [overweight] rating all year, I did not see this rally coming." But Morgan Stanley isn't the only bank to have slashed its Tesla rating this week. Read more: Tesla stock's dazzling rally is thanks to CEO Elon Musk's renewed focus on the EV maker, activist investor says

Persons: Adam Jonas, Morgan Stanley, isn’t, —, Jonas, Tesla, that'll, Musk, Linda Yaccarino, Morgan Stanley isn't, Dan Levy, Read, Elon Musk's Organizations: Service, Elon Musk's, EV, Ford, Barclays Locations: China

☆ Tesla's value is dismissing fundamental challenges, says Barclay's Dan Levy
▼ + stars: | 2023-06-21 | 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 EmailTesla's value is dismissing fundamental challenges, says Barclay's Dan LevyDan Levy, senior autos analyst at Barclays, joins 'The Exchange' to discuss the decision to downgrade Tesla, growing competition in the EV space, and more.

Persons: Barclay's Dan Levy Dan Levy Organizations: Barclays

☆ Barclays downgrades Tesla, says investors should take profits after the stock's massive rally
▼ + stars: | 2023-06-21 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

It's time to take some profits after Tesla's recent rally, Barclays said Wednesday. After seeing some downward pressure following its first-quarter earnings report in April, Tesla has surged 80% from that month's lows. "We believe the stock's recent rally can be best explained by the market's current AI-driven thematic trade, as well as excitement over recent announcements to open the TSLA Supercharger network to other brands," he said in a note to clients Wednesday. "Yet while we aren't surprised that the stock has participated in the rally, we believe it is prudent to move to the sidelines." But he said right now, fundamentals may be overlooked as investors buy into stocks with exposure to artificial intelligence amid skyrocketing interest in the technology.

Persons: Dan Levy, Tesla, Levy, there's, Linda Yaccarino, — CNBC's Michael Bloom Organizations: Barclays, Nasdaq, Nvidia, CNBC

☆ GM raised guidance, but its stock fell. Why Wall Street isn't buying in
▼ + stars: | 2023-04-27 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

DETROIT – When a company beats Wall Street's earnings expectations and raises guidance amid recessionary fears and other economic concerns, you would expect the stock to rally. Wall Street analysts say eroding pricing power, labor concerns and challenges in producing electric vehicles, will make it harder for GM to perform at the profitability levels it has been. Record-high vehicle profits and prices, achieved during historically low vehicle inventory levels and resilient consumer demand, are starting to normalize. GM CFO Paul Jacobson said Tuesday that the company expects flat pricing compared to last year. He said consumers paid an average of $50,263 per vehicle in the U.S. during the quarter, off 1% from a year earlier.

☆ Tesla falls 7% as first quarter deliveries show growing inventory buildup and analysts say that more price cuts may be needed
▼ + stars: | 2023-04-03 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

Tesla stock fell 7% on Monday after the company announced its first quarter vehicle deliveries. Tesla delivered 422,900 vehicles last quarter, which was ahead of Wall Street's 421,500 estimate. The stock fell as Tesla vehicle inventory surged, suggesting to some analysts that they need to enact more price cuts to spark demand. "Incremental price cuts likely needed amid inventory build, especially as production at Austin and Berlin ramps [higher]," Levy said. Analysts at Bernstein also suggested that more price cuts could be needed if Tesla wants to achieve its volume targets.

☆ Tesla shares drop after deliveries report raises investor concern that more price cuts are coming
▼ + stars: | 2023-04-03 | by ( Lora Kolodny | ) www.cnbc.com time to read: +3 min

Tesla shares fell more than 7% on Monday after the company's quarterly deliveries report led some investors to worry that more price cuts will be needed to drive sales, eating into margins. The record numbers represented 4% growth in deliveries from the prior period and followed repeated price cuts in the U.S., China and Europe. Sacconaghi said, "The key question for investors is what might margins be, amid significant price cuts but improving commodity costs?" According to FactSet, analyst were expecting Tesla to report deliveries of around 432,000 vehicles for the quarter. He wrote that "incremental price cuts likely needed," especially as the company ramps up production at new factories in Austin, Texas, and outside of Berlin.

Production is expected to have risen as the automaker ramped up production at new factories in Texas and Berlin, and as China production recovered from a COVID-19 lockdown hit. Analysts expect Tesla to further lower prices as many automakers have matched the price cuts and concerns about a weakening economy persist. Musk said in January that the price cuts stoked demand, playing down concerns about a weak economy. In China, Tesla's retail sales totaled 106,915 units in the year to March 19, one of the best quarters on record, according to data from China Merchants Bank International. Tesla's price cuts in China ignited a price war, with Chinese rivals including BYD (002594.SZ) and Xpeng (9868.HK) dropping prices.

As the image shows, on an earnings before interest and tax (EBIT) basis, Ford Model e had a profit margin of roughly negative 40% in 2022. Ford Motor disclosed on Thursday that its electric vehicle unit, called Ford Model e, lost $2.1 billion in 2022 — and could lose as much as $3 billion in 2023. Here, step by step, is how Lawler said Ford expects Model e to get to a positive 8% EBIT profit margin in under four years:Scale. Ford expects to have the capacity to build EVs at a rate of 2 million per year by the end of 2026. Ford expects to have the capacity to build EVs at a rate of 2 million per year by the end of 2026.

☆ Senior Meta ads exec departs amid efficiency drive
▼ + stars: | 2023-03-22 | by ( Katie Paul | ) www.reuters.com time to read: +3 min

"I made this decision slowly (over the last 2+ years) and then all of a sudden," he wrote. A Meta spokesperson confirmed Levy's departure and said business messaging would remain a strategic priority and area of investment for the company this year. The business messaging project he heads has been flagged by Zuckerberg for growth potential, although he was replaced last year as overall head of ad and business products. Previously, Levy ran Meta's ads and business products division, now called Monetization. Another ads VP on the sales side, Michelle Klein, also announced this week that she was leaving.

☆ Truist downgrades Generac, says higher interest rates could hurt power generator maker this year
▼ + stars: | 2023-02-21 | by ( Sarah Min | ) www.cnbc.com time to read: +1 min

It's time to sell Generac amid greater macro challenges this year, according to Truist. Analyst Jordan Levy downgraded shares to hold from buy, saying higher interest rates and inflation hurt the outlook for the power generator maker. "Adjusting our ests to reflect a slower recovery in HSB & clean energy sales, we now forecast FY23 revs/EBITDA ~3%/~9% below the Street respectively," Levy added. Generac shares are higher this year, up 25% in 2023, outperforming the S & P 500's gain. On Friday, Wells Fargo downgraded the stock to equal from overweight , saying Generac could fall short of its 2023 guidance.

☆ Barclays says buy Tesla shares, sees 30% rally in the 'clear leader' of the electric transition
▼ + stars: | 2023-02-14 | by ( John Melloy | ) www.cnbc.com time to read: +1 min

Barclays initiated coverage of Tesla shares with an overweight rating after the bell on Tuesday, saying shares of Elon Musk's electric vehicle maker should rebound this year because of its relative financial strength and lead in software. Tesla shares lost 65% of their value in 2022, but have been on a tear this year. "We believe Tesla remains the clear leader in the race to EV transition – reinforced by the market amid the sharp recovery recently seen by TSLA," wrote Levy. TSLA 1Y mountain Tesla 1-year Levy launched coverage on the U.S. auto and mobility industry and holds a neutral view of the space overall, citing recession pressures. Barclays likes five other stocks as buys in the space: Rivian , Adient , Borgwarner , Mobileye and Aptiv .

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☆ Crypto crash leaves media companies with budget holes as advertising dries up
▼ + stars: | 2022-11-30 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +6 min

In Alphabet 's third-quarter earnings call last month, the company blamed a slowdown in revenue growth in part on reduced ad spending by cypto companies and other financial firms. A 30-second spot during the NFL's grand finale in February cost an average of $6.5 million, and crypto was a huge theme. Crypto.com's online ad spending plummeted from about $16.2 million in the first quarter to $1.6 million in the third, SensorTower said. The crypto market has suffered downturns in the past, only to bounce back and attract even greater sums of cash and new entrants. WATCH: FTX's bankruptcy puts increased pressure on the ad market

☆ Buy Rivian now as the stock is poised to surge 85%, Truist says
▼ + stars: | 2022-09-29 | by ( Carmen Reinicke | ) www.cnbc.com time to read: +2 min

Shares of electric vehicle maker Rivian are set to surge, making now a good time for investors to buy, according to Truist. The firm on Wednesday initiated coverage of the company with a buy rating and a $65 price target. Shares of Rivian have declined roughly 66% year to date through Wednesday's close. What sets Rivian apart There are a few key things that Levy sees as positives for Rivian. "Rivian CEO RJ Scaringe has built the company from the ground-up while bringing together a team with expertise spanning the broad range of the company's business segments," Levy wrote.

read moreThe COVID-19 related suspension of Tesla's Shanghai factory, the costs of ramping up new factories in Berlin and Texas and rising supply chain costs are likely to have weighed on its first-quarter earnings, analysts said. read moreTesla navigated the global supply chain crisis better than other rivals, posting record deliveries and earnings for several quarters. But its factory in Shanghai was shut for more than three weeks, after the city rolled out lockdown measures to combat a surge in COVID-19 cases. Tesla resumed production at its Shanghai plant on Tuesday, according to a news report, but a source said this may not mean a return to full production. Reuters GraphicsMusk delivered Tesla's first Texas-made Model Y vehicles at a glitzy event earlier this month, but no Texas vehicles are listed on Tesla's order website yet.

☆ The execs behind Super Bowl ads for brands like Mars, ViacomCBS, and Heinz share how ideas come to be — and what makes them go viral
▼ + stars: | 2022-01-27 | by ( Jenny Powers | ) www.businessinsider.com time to read: +9 min

Insider asked three ad-industry execs who've worked on Super Bowl spots what it takes to succeed. 4 in last year's top 10 Super Bowl LV commercials, according to USA Today's Ad Meter. In 2015, the web-hosting company sparked massive outrage over a spot it planned to run during the Super Bowl. "The Super Bowl is a brand's opportunity to surprise viewers and give them something they didn't see coming. Neither Newcastle campaign, If We Made It or Band of Brands, was actually aired during the Super Bowl.

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