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☆ Final Trades: Nextera, Corning & more
▼ + stars: | 2023-01-17 | 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: Nextera, Corning & moreThe "Halftime Report" traders give their top picks to watch for the second half.

☆ Cramer's lightning round: I'm very concerned about Veru
▼ + stars: | 2023-01-06 | by ( Krystal Hur | ) www.cnbc.com time to read: +1 min

Loading chart...Veru Inc : "I'm very concerned about it." I think we're going to have to take a major league pass." Suburban Propane Partners LP : "[The] propane market is historically, let's say, too volatile and erratic for me." Loading chart...Axon Enterprise Inc : "It's a terrific law enforcement package that I think is really good for everybody. Loading chart...Nuscale Power Corp : "If you want small, nuclear modular reactors, I'm going to have to say, the Constellation Energy group.

☆ Credit Suisse upgrades Corning, says optics stock is leaving challenges behind in 2022
▼ + stars: | 2023-01-04 | by ( Sarah Min | ) www.cnbc.com time to read: +1 min

Investors can expect a clear path forward for Corning , according to Credit Suisse. Analyst Shannon Cross upgraded shares to outperform from neutral, saying the company's previous challenges no longer weigh on the stock. We forecast growth to reaccelerate through 2023 aided by multi-year government funding programs (~$85B allocated to broadband in the US) and overall growing network/cloud demand," Cross wrote. Meanwhile, TV panel production is expected to recover after hitting a 14-year low in September, which could further support the stock. Corning shares were down roughly 12% in 2022.

☆ Stocks making the biggest moves premarket: General Electric, Salesforce, Alibaba and more
▼ + stars: | 2023-01-04 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

Check out the companies making headlines in premarket trading. Shares of GE were up about 2% in premarket trading. Microsoft — Microsoft shares dropped about 2% after UBS downgraded the tech giant to neutral from buy. Merck — Merck's stock rose about 1.7% after being upgraded to buy from neutral by Bank of America. Honeywell — Shares of Honeywell slipped 1.8% in the premarket after being double downgraded by UBS to sell from buy.

☆ Here are Wednesday's biggest analyst calls: Apple, Tesla, Rivian, Target, Microsoft, Etsy & more
▼ + stars: | 2023-01-04 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are the biggest calls on Wall Street on Monday: UBS downgrades Microsoft to neutral from buy UBS said in its downgrade of the stock that it's concerned about Microsoft Office risks. Wells Fargo downgrades Target to equal weight from overweight Wells said in its downgrade of the stock that it sees too much 2023 uncertainty. " UBS downgrades JB Hunt to neutral from buy UBS said in its downgrade of the shipping company that it sees volume and pricing risk. UBS downgrades Honeywell to sell from buy UBS said in its downgrade of the stock that the multiple is "inflated." UBS reiterates Amazon as buy UBS lowered its price target on the e-commerce giant to $125 per share from $165 but says it's standing by the stock.

☆ Stocks making the biggest moves midday: Wynn Resorts, Microsoft, Honeywell, Salesforce and more
▼ + stars: | 2023-01-04 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

The Wynn Resorts logo stands illuminated as people sit by the fountain at the Wynn Macau casino resort in Macau, China, on Tuesday, July 24, 2018. Check out the companies making the biggest moves midday:Wynn Resorts — The casino operator's stock jumped nearly 7%, building on its solid start to 2023. Salesforce — Shares of the cloud-based software company jumped more than 3% after Salesforce announced that it is cutting 10% of its personnel and reducing some office space as part of a restructuring plan. Celanese — The global chemical and specialty materials company jumped more than 6% after being upgraded by RBC Capital Markets to outperform from sector perform. The firm cited the solar company stock's "steep drop from the initial euphoria created by the Inflation Reduction Act."

☆ Jamie Houghton Came Back for a Second Shot at Running Corning
▼ + stars: | 2023-01-01 | by ( James R. Hagerty | ) www.wsj.com time to read: 1 min

During his second stint as CEO of Corning, James Houghton put a renewed focus on quality and hired a psychologist to coach senior managers on teamwork. Jamie Houghton liked to joke that he “failed retirement.”When he stepped down as chief executive of Corning Inc. in 1996 after 13 years of running the company founded by his great-great grandfather, Mr. Houghton said Corning’s outlook was bright. “We’re concentrating on communications, environment and life sciences, all of which are dynamite areas to be in,” he said.

☆ Stocks making the biggest moves premarket: Marvell Technology, Horizon Therapeutics, DoorDash and more
▼ + stars: | 2022-12-02 | by ( Peter Schacknow | ) www.cnbc.com time to read: +2 min

Zscaler (ZS) – The cloud security company reported a better than expected quarter, but its stock slumped 9.1% in premarket trading following conservative guidance. Horizon shares had soared 27.3% last Friday on news that it was in talks with several potential takeover partners. DoorDash (DASH) – DoorDash shares fell 2.8% in premarket trading after RBC Capital Markets downgraded the stock to "sector perform" from "outperform." Rigel Pharma (RIGL) – Rigel's stock soared 34% in the premarket after the FDA approved its drug to treat a certain type of leukemia. PagerDuty (PD) – The cloud computing company's stock jumped 6.6% in premarket trading after it reported an unexpected quarterly profit.

☆ Beware of these stocks in your portfolio with the biggest China risks as Covid protests erupt
▼ + stars: | 2022-11-28 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

A wave of unrest in China could spell trouble for investors holding stocks with sizeable chunks of revenue exposed to the country. Protests erupted across China over the weekend as citizens pushed back against the country's strict and prolonged zero-Covid protocols . Here are some of the stocks we found: Tesla is the largest company on the list by market capitalization, with more than a quarter of its revenues exposed to China. Another stock in our screen is elevator manufacturer Otis Worldwide , with a little over 20% of revenues exposed to the country. Many semiconductor stocks such as Intel , Nvidia and Advanced Micro Devices also made the list — including Qualcomm , with the highest revenue exposure to China on the list.

☆ Apple invested $450 million in a satellite-powered SOS system. We tested it out
▼ + stars: | 2022-11-15 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +7 min

The free feature promises to let iPhone users contact dedicated dispatchers in emergency situations via satellites when a cell phone network is unavailable. During my test with an iPhone 14 provided by Apple, I attempted to call 911 but was automatically redirected to Emergency SOS via Satellite dispatchers for the purposes of the demo. On Tuesday, Apple will launch the Emergency SOS with Satellite feature for those with an iPhone 14 in the United States and Canada. Apple said because the user may be in a distressed state, a questionnaire helps to gather critical information more quickly. For now, Emergency SOS via satellite only works in English, Spanish, and French, although the dispatchers have professional interpretation services available for many more languages.

☆ Exclusive: U.S. blocks more than 1,000 solar shipments over Chinese slave labor concerns
▼ + stars: | 2022-11-11 | by ( Nichola Groom | ) www.reuters.com time to read: +5 min

Nov 11 (Reuters) - More than 1,000 shipments of solar energy components worth hundreds of millions of dollars have piled up at U.S. ports since June under a new law banning imports from China's Xinjiang region over concerns about slave labor, according to federal customs officials and industry sources. The agency would not reveal the manufacturers or confirm details about the quantity of solar equipment in the shipments, citing federal law that protects confidential trade secrets. But the companies have halted new shipments to the United States over concerns additional cargoes will also be detained, the industry sources said. The sources asked not to be named because they were not authorized to speak publicly on the matter. CBP has previously said that it had detained about 1,700 shipments worth $516.3 million under UFLPA through September but has never before detailed how many of those shipments contained solar equipment.

☆ Apple will spend $450 million with Globalstar and others to enable emergency satellite texting
▼ + stars: | 2022-11-10 | by ( Kif Leswing | ) www.cnbc.com time to read: +2 min

Apple said Thursday it will spend $450 million with U.S. companies to enable its new emergency satellite texting feature. The majority of that money will go to Globalstar , Apple said, a Louisiana-based company that operates the satellites that make the feature possible. Apple isn't taking an equity stake in the company but it is committing to spend money for equipment and the service's operations. In September, Apple announced Emergency SOS with Satellite as a banner feature on new iPhone 14 models. Apple's payment to Globalstar will come from Apple's Advanced Manufacturing Fund, a pool of money the company uses to support U.S.-based suppliers.

Oct 25 (Reuters) - Apple Inc (AAPL.O) said on Tuesday it would make fresh investments to set up solar and wind projects in Europe and called on its suppliers to decarbonize operations related to the production of iPhones and other products. Apple had previously asked suppliers to commit to 100% renewable energy for Apple's production. Apple has been carbon neutral for its global corporate operations since 2020. Apple said the European investments are part of a strategy to address about 22% of its carbon footprint coming from the electricity customers use to charge their devices. In total, the planned investments will add 3,000 gigawatt hours per year of new renewable energy on the grid, Apple said.

☆ Apple glass supplier Corning warns smartphone sales down 14%
▼ + stars: | 2022-10-25 | by ( Kif Leswing | ) www.cnbc.com time to read: +2 min

For Gorilla Glass, Corning narrows down the number of compositions to a few dozen, does more melting, then picks two or three candidates to test. Corning stock fell over 4% on Tuesday morning after the company reported a weaker-than-expected outlook for the current quarter, blaming slow smartphone glass sales. Corning makes a variety of different components and supplies many of the top electronics companies, like Samsung and Apple, which reports earnings this week amid concern over slowing consumer electronics sales. But there is optimism that slowing electronics sales won't hurt the high-end of the market as much as less expensive devices. In the quarter ending in September, Corning saw smartphone unit sales decline 14% on an annual basis, and tablet and notebook demand fall 17%, Corning CEO Wendell Weeks said on an earnings call.

☆ Reactions to earnings reports tell investors a lot of bad news is already priced into the market
▼ + stars: | 2022-10-25 | by ( Bob Pisani | ) www.cnbc.com time to read: +2 min

Several companies have reported earnings below expectations or are providing weak guidance. JetBlue reported earnings lower than expected, but sales were in-line. General Electric was trading up premarket Tuesday, even though earnings were short of forecasts and it cut its full year outlook. Corning was in-line but provided weak guidance. The homebuilder posted earnings and revenues below expectations, yet the numbers were still strong: revenues up 13%, earnings up 44%.

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☆ Stocks could continue to break higher as Apple, big tech report earnings in week ahead
▼ + stars: | 2022-10-21 | by ( Patti Domm | In | ) www.cnbc.com time to read: +9 min

The three major averages closed higher Friday, with the S & P 500 adding 2.37% to close at 3,752.75. Stovall said the S & P 500 had six positive moves of 1% or more in the last 17 trading days, as of Friday. Earnings, earnings, earnings About 150 S & P 500 companies report earnings in the coming week. Technically speaking Scott Redler, partner with T3Live.com, said he is watching a formation in the S & P 500 that could be positive. His first target for the S & P 500 is 3,800.

☆ Here are Tuesday's biggest analyst calls of the day: Tesla, Amazon, Alphabet, Carvana, Target & more
▼ + stars: | 2022-10-18 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Wedbush downgrades Carvana to neutral from buy Wedbush said in its downgrade of Carvana that it sees severe cash burn and deteriorating market conditions. Jefferies upgrades Target to buy from hold After a change in analyst coverage, Jefferies upgraded the big box retailer and said it sees "margin improvement." Goldman Sachs reiterates Chipotle as buy Goldman said the stock is too compelling to ignore heading into earnings next week. " Deutsche Bank reiterates Microsoft as buy Deutsche Bank said Microsoft is still the "best house on the block" heading into earnings next week. " Barclays reiterates Amazon as overweight Barclays sad investors should buy the stock ahead of earnings later this month.

☆ Evercore ISI sees some potential winners as earnings forecasts expected to plunge
▼ + stars: | 2022-10-10 | by ( Patti Domm | In | ) www.cnbc.com time to read: +1 min

Evercore ISI analysts expect earnings estimates to plunge, but they do see some winners emerging during earnings season in a bifurcated market. For the third quarter, Evercore ISI expects S & P 500 earnings to grow at a 4.1% pace and beat estimates by a modest 1.2%. The stocks also have seen positive 2023 earnings revisions and high short interest relative to the past year. Apple, for instance, is up 7.7% since the June low and its 2023 earnings have been revised down 23.8%. Evercore ISI also looked at stocks that could underperform this earnings season.

☆ Samsung just announced two new phones that fold in half
▼ + stars: | 2022-08-10 | by ( Sofia Pitt | ) www.cnbc.com time to read: +5 min

In this article AAPLSamsung Galaxy Z Fold 4 SamsungSamsung on Wednesday announced its newest foldable phones, the Galaxy Z Flip 4 and Galaxy Z Fold 4. The $999.99 Galaxy Z Flip 4 and the $1,799.99 Galaxy Z Fold 4 look very similar to last year's Flip 3 and Fold 3. Here's what you need to know about Samsung's new phones:Galaxy Z Flip 4Samsung Galaxy Z Flip 4 SamsungSamsung's Galaxy Z Flip 3 is currently the most popular foldable phone in the world, so the company has big hopes for the Flip 4. Galaxy Z Fold 4Samsung Galaxy Z Fold 4 SamsungThe Galaxy Z Fold 4 is the first device to ship with Android 12L, a special version of Android created by Google for large-screen devices. Galaxy Watch 5 and Galaxy Watch 5 ProSamsung Galaxy Watch 5 SamsungSamsung also announced new smartwatches, the $279.99 Galaxy Watch 5, the $449.99 Galaxy Watch 5 Pro and the $329.99 Galaxy Watch 5 Golf Edition.

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