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JPMorgan highlighted Amazon as its best idea going into the second-quarter earnings season for technology stocks, followed by Uber and Google . JPMorgan analyst Doug Anmuth wrote that the Wall Street bank remains bullish on larger players in the industry, for now. The analyst highlighted Amazon as his favorite stock for the near and long term. Amazon stock has gained 27% this year. "Google remains focused on innovation, and we continue to believe there is healthy runway across Search and YouTube ads as AI drives higher ROI & TV dollars shift online," the analyst wrote.
Persons: Uber, Doug Anmuth, Anmuth, Michael Bloom Organizations: JPMorgan, Google, Amazon Web, Costco, YouTube
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Persons: we've, OnePlus Organizations: Business, Samsung, Samsung Galaxy, Galaxy, Google, Amazon Samsung, OnePlus, Amazon Prime
View at Amazon What we like Check mark icon A check mark. High-end HDR performanceCheck mark icon A check mark. View at Amazon What we like Check mark icon A check mark. Supports a wide color gamutCheck mark icon A check mark. View at Amazon What we like Check mark icon A check mark.
Persons: Sharp, OLED Organizations: Business, Dell, LG, Asus, Amazon, Amazon LG, AMD, Amazon Dell, Samsung, Amazon Prime
Wolfe Research initiated coverage of Amazon with an outperform rating, calling for nearly 30% upside. 7:03 a.m.: Goldman Sachs increases Spotify price target Goldman Sachs thinks Spotify will surpass Wall Street's second-quarter earnings forecasts. The firm and increased its price target to $320 from $317 on shares while maintaining a neutral rating. The analyst upgraded the e-commerce stock to buy from neutral and raised his price target to $82 per share from $78. Analyst Alan Gould downgraded the forum social network stock to hold from buy and reiterated a $75 per share price target.
Persons: Wolfe, Goldman Sachs, Wall, Eric Sheridan, Brian Evans, Shopify, Brad Sills, Sills, — Brian Evans, Jefferies, Surinder Thind, Piper Sandler, Peter Keith, Keith, DLTR, Alan Gould, Gould, Shweta, Khajuria, Fred Imbert Organizations: CNBC, Wolfe Research, Bank of America, Spotify, Jefferies, EPAM, EPAM Systems, Trump, Biden, Democrat, Advertising, Cloud Computing, Health, Business, Amazon Logistics Locations: Reddit, Monday's
We're seeing many of the best Nespresso machines on sale, including Nespresso Original and Vertuo models, plus compatible pods. Prime Day sales will be live on July 16 and 17, but the Nespresso machines may go quick, so don't wait around to jump on these deals. The best Prime Day Nespresso dealsWe typically see one or two Nespresso machines discounted during sale events. Right now, you can save $70 on the Nespresso Vertuo Pop+ and Aeroccino, which brings this bundle to an all-time low price. Most Vertuo machines don't include milk frothers, but these are still great machines for households who want variety and convenience.
Persons: you've, We'll, Nespresso, Isabel Fernandez, lattes Organizations: Business, Prime, Amazon, Coffee, Brewers, Amazon Prime
Below, our tech experts have curated a running list of all the best Prime Day TV deals so far, and we've compiled even more savings across all categories in our full Prime Day deals roundup. The best Prime Day TV deals are expected to remain active through July 17 while supplies last. TCL 55-inch Q7 4K QLED TV $448.00 $598.00 Save 25% The Q7 is one of the top midrange QLED 4K TVs. View at AmazonLG 65-inch C4 OLED 4K TV $1,796.99 $2,699.99 Save 33% The C4 is LG's latest midrange 4K OLED TV. View at AmazonHisense 85-inch U8N QLED 4K TV $1,798.00 $2,799.99 Save 36% The U8N is Hisense's 2024 flagship QLED TV.
Persons: we've, 60Hz, HLG, 120Hz, it's, OLEDs Organizations: Business, Samsung, LG, Dolby, HLG Smart, Google, Amazon, Amazon Samsung, Amazon LG, Sony, Toshiba, Amazon Prime Locations: TCL, QLED
CNBC's Jim Cramer on Tuesday pointed out that there is a discrepancy between the economy's performance and the general sense of pessimism that many Americans feel towards the economy. "The market, which reflects the reality of the economy, is benefitting plenty of people, but not nearly enough to change the mood of the nation," he said. Cramer first attributed this pessimism to the chaos of this year's presidential election. The "anger and ugliness in Washington" seeps into every aspect of life, Cramer said. People really feel the weight of high prices at supermarkets, he said, even if wages are solid and jobs aren't extremely hard to find.
Persons: CNBC's Jim Cramer, Cramer Organizations: Federal Locations: Washington
Learn moreThe MLB All-Star Game is back for another action-packed year. Keep reading to learn everything you need to know about how to watch the MLB All-Star game, whether you have cable or are looking to live stream it. And if you want to catch more MLB games this season, make sure to check out our 2024 MLB streaming guide. How to watch MLB All-Star Game in the USThe 2024 MLB All-Star Game will kick off on Tuesday, July 16 at 8 p.m. Check price at FuboHow to watch MLB All-Star Game from anywhereIf you'll be traveling outside of the US when the MLB All-Star Game occurs, you can still tune in to your streaming subscriptions using a VPN (virtual private network).
Persons: you've, we've, ExpressVPN Organizations: Business, MLB, Globe, National League, American League, FOX, Sling Locations: Arlington , Texas
Read previewLanding a corporate job at Apple is such a big deal for tech workers that some seek out career coaches to help get interviews. Apple is seen as a place where workers 'push boundaries'Apple positions itself as providing more than just a job. AdvertisementAs with its products, Apple has worked to brand itself as having a more playful and curious environment than its competitors. Related storiesEven Apple Park, the company's headquarters in Cupertino, California, has earned the nicknames "the spaceship" and "the ring" for its futuristic circular design. Another Apple hopeful posted that they were "getting desperate" for a job at the company and had applied for 60 jobs in one day.
Persons: , Marc Cenedella, Steve Jobs, Cenedella, They've, Apple, Ehsan Farkhondeh, Arianny Mercedes, they'd, Theresa Park, Mercedes, Dan Ives, Apple's, Drew Evans, Evans Organizations: Service, Apple, Business, Wedbush Securities, American Express, Employees, Spotify, Apple Intelligence Locations: Silicon, Cloud, Cupertino , California
Bank of America earnings topped estimates, and shares rose early Tuesday. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementUS stocks climbed higher as fresh data indicated that consumers were still spending. Excluding autos, sales rose 0.4% against estimates of a 0.1% increase. In the bond market, the 10-year Treasury yield slid moderately, after comments dovish were made by Federal Reserve Chairman Jerome Powell.
Persons: , Robert Frick, dovish, Jerome Powell Organizations: Bank of America, Service, Navy Federal Credit Union, Bloomberg, Treasury, Federal
The Fed should cut interest rates at its meeting this month, according to Goldman Sachs. Economist Jan Hatzius highlighted three reasons a rate cut makes sense this month rather than in September. The market sees a 100% chance of a rate cut in September, but only a 7%chance for a cut in July. AdvertisementThe Federal Reserve should cut interest rates at its upcoming policy meeting on July 31, according to Goldman Sachs. According to the CME FedWatch Tool, investors see just a 7% chance of an interest rate cut at this month's FOMC meeting.
Persons: Goldman Sachs, Jan Hatzius, , Hatzius Organizations: Service, Fed
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Persons: haven't, they're, Apple, We're, Siri, we'll, doesn't, Amazon Nathan James Hugo Wood Nightstand, Nathan James, we've, Dyson, you've, it's, fryer, Bose Organizations: Business, Echo, Amazon, Apple, Amazon Apple, Apple Health, Amazon Prime, Olympics, Sony, LG, Samsung, Dolby, Amazon Samsung, lounging, Amazon Philips, Philips, Bose, Amazon Sony WH
Morgan Stanley says it's time for stock-picking in Europe as earnings season and rate cuts are imminent. Stock-level dispersion refers to the range of returns for stocks, while market breadth tracks the number of stocks going up relative to those declining. It named its top picks for Europe, which are its analysts' "highest conviction ideas" within the universe of stocks that they cover. Morgan Stanley called Commerzbank "one of the best yield payers in the sector," and is strongly profitable. "Repsol's financial framework also remains solid, where there is both ability and willingness for high distributions and dividend growth," Morgan Stanley analysts wrote.
Persons: Morgan Stanley, — CNBC's Michael Bloom Organizations: Europe, Merck, Electronics Locations: Europe
Morgan Stanley reiterates Apple as overweight Morgan Stanley raised its price target on the iPhone maker to $273 per share from $216. Morgan Stanley downgrades BP to equal weight from overweight Morgan Stanley downgraded the oil major due to "weak earnings." Morgan Stanley reiterates Microsoft as overweight Morgan Stanley said it has "increased clarity" on AI monetization. Citi names KLA Corp. a top pick Citi raised its price target on the semiconductor equipment maker to $980 from $760. Morgan Stanley downgrades Rocket Lab to equal weight from overweight Morgan Stanley said it sees a "limited catalyst path" for the space company.
Persons: Morgan Stanley, Apple, Morgan Stanley downgrades, TD Cowen, Teck, Baird, CARR, Zeta, John Donovan, AAPL, Wells, Tesla, underperform Wells, it's, Evercore, it's bullish, DDOG Organizations: Netflix, Nvidia, Devices, AMD, Citi, Electronic Arts, College Football, BMO, Teck Resources, JPMorgan, Biosciences, Zeta Global, Citi downgrades Bank of New York Mellon, Bank, New York Mellon, Apple, IOL, Amazon, UW, CIO, Susquehanna, Caesars, MGM, PENN, Bank of America, KLA Corp, OW, Department of Defense Locations: 2H24, Dell, Teck, TSLA, Las Vegas
Amazon is a buy ahead of its annual Prime Day starting Tuesday — even as the stock has rallied hard this year. One potential catalyst for the stock is Amazon's annual Prime Day event and its ripple effects. JPMorgan, for one, said Prime Day will help Amazon "rationalize inventory levels" ahead of higher consumer demand in the second half of the year. They also said Prime Day should be a driver for Amazon's advertising business, particularly on Amazon Prime Video ad spend. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Persons: Jim Cramer, Andy Jassy, Cramer, Jim Cramer's, Jim, Michael Kappeler Organizations: CNBC, Amazon, Shoppers, Adobe Analytics, JPMorgan, Bank of America, Amazon Prime, Getty Locations: Manhattan
CNN —Aliyah Boston and Caitlin Clark put in strong performances as the Indiana Fever continued its solid run with a 81-74 victory over the Minnesota Lynx on Sunday. The victory is Indiana’s second on the bounce and means it now has a 6-4 record in the last 10 games. And I think we’ve won every game where we’ve held our opponents to under 84 points, so 74 is really good for us,” the 22-year-old point guard told reporters. It was the second game in a row where Mitchell, Clark, Boston and NaLyssa Smith all scored in double figures. Boston shoots the ball against Alanna Smith of the Minnesota Lynx in the first quarter.
Persons: Caitlin Clark, Boston, Clark, , Sue Bird, we’ve, we’re, Kelsey Mitchell, Leilani Mitchell, Mitchell, NaLyssa Smith, Alanna Smith, David Berding Organizations: CNN, Aliyah Boston, Indiana Fever, Minnesota Lynx, Target, Phoenix Mercury, Minnesota, Dallas Wings, Atlanta Locations: Minneapolis, Boston
Stock futures were slightly higher in overnight trading Sunday as investors gear up for a big week of key corporate earnings. S&P 500 futures added 0.1% and Nasdaq 100 futures added 0.1%. Investor attention is shifting to second-quarter earnings reports, which could be the catalyst to extend the market's rally to new records this year. More than 40 S&P 500 companies report second-quarter earnings this week. The S&P 500 gained 0.9% last week, scoring its fifth positive week in six.
Persons: Dow, Donald Trump, Adam Crisafulli, Trump, Joe Biden, Wells, Goldman Sachs, Morgan Stanley, Johnson Organizations: New York Stock Exchange, Stock, Dow Jones, Nasdaq, Traders, Vital, Republican National Convention, Trump, U.S, JPMorgan, Citigroup, Bank of America, United Airlines, Netflix Locations: U.S, Milwaukee , Wisconsin, United
In the meantime, we received some terrific feedback from members after revealing in late May five stocks we would buy right here, right now. So which stocks would I buy right now? And while we expect Monday may not be a good day for tech stocks — remember it is only day three of the rotation — you have to buy AMD before the tide turns back to tech. I said that Best Buy was much more than just a brick-and-mortar company and that its integrity was high. More importantly, like AMD, Best Buy is where people will try out a new AI PC.
Persons: We've, that's, Nvidia's Blackwell, Wells Fargo, Wells, Charlie Scharf, Charlie, Doug Braunstein, Fernando Rivas, Jamie Dimon, there's, Scharf, let's, Ed Breen, Breen, Dennis Kozlowski, Kozlowski, Medtronic, Dupont, China's, Peter Arduini, Wynn, Laxman Narasimhan, Howard Schultz, Laxman, Narasimhan, Schultz, Mellody Hobson, There's, Jim Cramer's, Jim Cramer, Jim, Pual Yeung Organizations: Dow Jones, Devices, Nvidia, Broadcom, Big Tech, AMD, Intel, PC, Microsoft, HP, Wells Fargo, JPMorgan, Costco, Gold, DuPont, Tyco, Tyco Electronics, Johnson Controls, GE Healthcare, Wynn, Starbucks, GE, Philips, Siemens, Management, Caesars, Las, Sands, Biden, Covid, Palestinian, McKinsey, PepsiCo, Jim Cramer's Charitable, CNBC, Wynn Resorts, Bloomberg, Getty Locations: Wells Fargo, Wells, U.S, Canada, Dupont, China, East Germany, Macau, Israel, Jewish, Gaza, Macao
Investors can track Wall Street analysts' ratings to select stocks of dividend-paying companies that have attractive growth prospects, which could boost earnings and cash flows to support higher dividends. Here are three attractive dividend stocks, according to Wall Street's top experts on TipRanks, a platform that ranks analysts based on their past performance. Northern Oil and GasThis week's first dividend stock is Northern Oil and Gas (NOG). NOG paid a dividend of 40 cents per share for the first quarter, reflecting an 18% year-over-year increase. JPM highlighted that this potential increase in the Q3 dividend would mark the second dividend hike this year.
Persons: Wall, NOG, Scott Hanold, Hanold, TipRanks, JPMorgan Chase, JPMorgan Chase JPMorgan Chase, Gerard Cassidy, Cassidy, WMT, Corey Tarlowe, Tarlowe Organizations: Walmart, Northern Oil, Resources, SM Energy, RBC Capital, JV, JPMorgan, JPMorgan Chase JPMorgan, JPM, Consumer, Community, Investment Banking, Wealth Management, Commercial Banking, Jefferies, Fox Robotics, Club Locations: Hurricane , Utah, Williston, Uinta, TipRanks, U.S
The more dire predictions for China's highly anticipated "Third Plenum" that kicks off Monday hint at constraining the financial sector, despite slowing economic growth. Policy has long been an important guide for investors in China's top-down economy. The official English summary listed four measures, the third of which called for developing the "real economy," and "guarding against a shift from the real economy toward the financial economy." Goldman Sachs on July 11 published a lengthy report on China solar in anticipation the industry is nearing a bottom. One of the Goldman Sachs analysts' newly initiated, buy-rated China solar stocks is Daqo New Energy , a U.S.-listed manufacturer of polysilicon for solar power companies.
Persons: it's, Dan Wang, Han Wenxiu, Goldman Sachs, bode, Jacqueline Du, Daqo, Si Fu, Wang Organizations: Hang Seng Bank, ” Finance, Central Committee's Office, Financial, Economic Affairs, CNBC, Communist Party's, Committee, Bank of America, Energy, Goldman Locations: China, Beijing, China's, U.S, Shanghai
Trump victory trades to swell after shooting, investors say
  + stars: | 2024-07-14 | by ( ) www.cnbc.com   time to read: +4 min
Saturday's shooting at U.S. former President Donald Trump's election rally raises his odds of winning back the White House, and trades betting on his victory will increase this coming week, investors said on Sunday. Trump was shot in the ear during the rally in Pennsylvania on Saturday in what the authorities were treating as an assassination attempt. The first shooting of a U.S. president or major party candidate since a 1981 assassination attempt on Republican President Ronald Reagan could upend the Nov. 5 rematch between Republican Trump and President Joe Biden, a Democrat, which has been tight in opinion polls. World leaders and U.S. politicians condemned the shooting, while some industry executives, including Tesla chief Elon Musk, declared their support for Trump. Investors also expect an extension of corporate and personal tax cuts expiring next year, fuelling concerns about rising budget deficits under Trump.
Persons: BUTLER, Donald Trump, Donald Trump's, Trump, Rong Ren Goh, Ronald Reagan, Joe Biden, Reagan, Nick Ferres, Elon Musk, Biden, Jerome Powell, Goldman Sachs, Bill Ackman, Musk Organizations: Republican, Secret, U.S, Treasury, Eastspring Investments, Republican Trump, Democrat, Asset Management, Tesla, Trump, Reuters, Investors, Federal, Biden, Dow Jones, Democratic, Goldman Locations: PENNSYLVANIA, Butler , Pennsylvania, Pennsylvania, Singapore
We've combed through all of the international watch options to highlight everything you need to know about how to watch Argentina vs. Colombia free. How to watch Argentina vs. Colombia in the USThe Argentina vs. Colombia Copa America Final will air on Sunday at 8 p.m. Check price at FuboHow to watch Argentina vs. Colombia in MexicoArgentina vs. Colombia will live stream free through TelevisaUnivision's ViX and TV Azteca in Mexico. How to watch Argentina vs. Colombia in the UKArgentina vs. Colombia will be available to live stream through Premier Sports in the UK. How to watch Argentina vs. Colombia in AustraliaThe Argentina vs. Colombia match will live stream on Optus Sport in Australia.
Persons: We've, Uruguay's, Lionel Messi, we've, ExpressVPN Organizations: Business, America, Copa America, Colombia, Inter, Colombia Copa America, FOX, Sling, TV Azteca, TSN, Premier Sports, Optus Sport Locations: Argentina, Colombia, Uruguay, Inter Miami, Mexico Argentina, Mexico, Canada, Australia
Read previewJohn Rodrigues works a full-time 9-to-5 job as an associate manager in operations at PGIM, Prudential's investment management arm. And vice versa, if the index is high, it signals high volatility and fearful investors, indicating that the market may be reaching a low. Here, he can see different metrics for stocks, allowing him to watch for signals he likes to trade on. He also looks at the stock's day's volume; if it rises above 25% of its 50-day volume, it's another likely trade. But perhaps one of the best signals that a breakout is about to really outperform the market is those with very high volume relative to the past two years.
Persons: , John Rodrigues, doesn't, Bob Brinker, Brinker, Rodrigues, Norman Zadeh, " Rodrigues Organizations: Service, New York Stock Exchange, Business, Companies, Nasdaq, Investors Intelligence, IBD, Micro Locations: PGIM, Chicago
Heading into November's U.S. presidential election, professional investors agree on one strategy — diversification remains key. Diversification to hedge tax rate risk FBB Capital Partners' Mike Bailey said that should former President Donald Trump win, his tax cuts might mean better overall prospects for equities. Bailey emphasized that while his investment strategy avoids predicting macroeconomic events and timing the market, Depending on the election's outcome, there could obviously be different results for investors, investors could find it helpful to look at the extreme outcomes of the election. He recommended diversifying across different asset classes, since higher tax rates could lead to downside in the equity market. "If tax rates change, I don't think bonds are going to move that much, so you're pretty safe on that side," he said.
Persons: Mike Bailey, Donald Trump, Bailey, Tesla, John Davi, we're, Davi, You've, it's, Kumar Organizations: November's U.S, Nasdaq, Federal Reserve, Dow Jones, CNBC Pro, Wall, Capital Partners, CNBC, Astoria, Komal, Sri, Kumar Locations: U.S, , China, Mexico
“I totally transformed the federal judiciary,” Trump boasted at a summit hosted by the right-wing Moms for Liberty group last summer. “Many presidents never get the opportunity to appoint a Supreme Court justice. But as Trump drives toward a potential second term, one thing is clear: He’s just getting started. (Project 2025 is the policy playbook crafted by the conservative Heritage Foundation for a potential second Trump term.) That intent for vengeance could set the bar for nominations and administration lawyers alike in a second Trump term.
Persons: CNN —, Donald Trump, , ” Trump, Trump, ” Gregg Nunziata, Joe Biden, , Antonin Scalia, Samuel Alito, Clarence Thomas, It’s, Alito, Thomas aren’t, Skye Perryman, it’s, Trump’s, Neil Gorsuch, Brett Kavanaugh, Amy Coney Barrett –, “ Will, Hugh Hewitt, Mitch McConnell, I’ve, ” McConnell, Wade, Aileen Cannon –, ” Donald B, George H.W, George H.W . Bush, that’s, they’ve, Fox News ’ Sean Hannity, ” Will Chamberlain, Ron DeSantis, John Eastman, “ We’ve, ” Eastman Organizations: CNN, Liberty, Trump, Republican Party, Society, Federalist Society, Democracy, Heritage Foundation, Republican, EPA, Biden, Fox News, III, Florida Gov, Conservatism Conference Locations: , Los Angeles, kilter, Dallas, Trump’s, Florida, George H.W ., Washington
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