DIRS.INFO The most relevant business & tech news

☆ The AI-driven PC upgrade cycle 'seems to be on hold,' Jim Cramer says
▼ + stars: | 2024-12-02 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Monday said the artificial intelligence-driven PC upgrade cycle doesn't seem to have hit just yet, even as it's been about four years since the last refresh phase. "The big AI-driven PC refresh cycle seems to be on hold, even though they're confident it'll play out," Cramer said of companies that sell the products. "It sounds more like a normal upgrade cycle than anything revolutionary, which I've found to be a tad disheartening." While Best Buy's results largely disappointed, Cramer noted that PC sales were more encouraging than the quarter itself. "Putting it all together, it's clear that the PC upgrade cycle's going more slowly than any of these companies would like, but is it a lost cause?"

Persons: CNBC's Jim Cramer, Monday, Cramer, I've, he's, —, Dell Organizations: Dell, HP, Management, Windows

☆ Cramer calls Disney stock a 'great bargain' as CEO Bob Iger scores another big box office win
▼ + stars: | 2024-12-02 | by ( Paulina Likos | ) www.cnbc.com time to read: +4 min

Disney just broke some more box office records — signaling a blockbuster comeback that could fuel the company's revival and its stock price. That beat the $125 million Disney's "Frozen 2" made during its Thanksgiving weekend opening in 2019. Since opening, "Inside Out 2" has made nearly $1.7 billion worldwide and $653 million domestically, according to Box Office Mojo . After its box office struggles in recent years, Disney's current and upcoming slate indicates a turnaround is afoot. Disney CEO Bob Iger is laser-focused on restoring the magic of Disney's movies, Jim Cramer said Monday.

Persons: Dwayne, Johnson, Maui, King, —, Bob Iger, Jim Cramer, Iger, Jim, Jim Cramer's, Auliʻi, Moana, Disney Organizations: Disney, Paramount, Comcast, NBCUniversal, CNBC, Office Mojo, Management, DIS, ESPN, & $ Locations: Disney

☆ Analysts see Apple AI efforts boosting sales for a business you might not expect
▼ + stars: | 2024-11-25 | by ( Morgan Chittum | ) www.cnbc.com time to read: +7 min

The results showed that 78% of prospective buyers of AI-enabled iPhones would pay a monthly subscription to get unlimited access to Apple Intelligence features. Similar to Morgan Stanley, the Melius analysts pointed to the delayed release of Apple Intelligence. Similar to Morgan Stanley and Melius, we see Apple's iPhone upgrade cycle as a story in the coming quarters, rather than right now. Don't trade Apple." With the delayed rollout of Apple Intelligence, it's clear to us that users may take longer to switch up to newer models.

Persons: Morgan Stanley, iPhones, gamed, Said, Melius, Jim Cramer, Morgan Stanley's, Jim, It's, Apple's, Donald Trump's, Jim Cramer's Organizations: Apple Intelligence, Huawei, Apple, Research, Management, CNBC, Nurphoto, Getty Locations: China, India, Manhattan , New York

☆ Goldman Sachs is bullish on these stocks heading into December and the new year
▼ + stars: | 2024-11-23 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Goldman Sachs highlighted a slate of stocks that are worth snapping up as December approaches. CNBC combed through Goldman research to find buy-rated names the firm says are must owns heading into the end of the year. Pinterest Pinterest is also firing on all cylinders, analyst Eric Sheridan wrote recently. In addition, the firm sees revenue upside with user engagement remaining strong. ... .Based on after-hours pricing, we find PINS stock as one of the most compelling risk/reward skews in our coverage universe."

Persons: Goldman Sachs, Goldman, Noah Poponak, Poponak, Bonnie Herzog, Herzog, Pinterest Pinterest, Eric Sheridan, Pinterest, Sheridan Organizations: GE Aerospace, Monster Beverage, CNBC, GE Aerospace GE Aerospace, Aerospace, Management

☆ It's time to get serious about fixing the nation's power grid. That puts these stocks in a sweet spot
▼ + stars: | 2024-11-23 | by ( Paulina Likos | ) www.cnbc.com time to read: +8 min

The U.S. electric grid needs a total body makeover. With Duke Austin, a fourth-generation lineman, at its helm, Quanta Services has a long history in electric power infrastructure. The backbone of the electric grid Transmission and distribution is the backbone of the electrical grid, delivering power from generation sites to consumers. PWR YTD mountain Quanta Services shares year to date MasTec MasTec has been in comeback mode. MYR Group Goldman expects MYR Group is well positioned for 2025.

Persons: Neil Mehta, Goldman Sachs, weren't, Goldman, Mehta, Duke Austin, Carly Davenport, Davenport, Austin, Goldman's Mehta, they're, MasTec, Jose Mas, MasTec's, Truist, Jamie Cook, McCoy, Cook, Ati Modak, Modak, MYR Organizations: U.S, Edison Electric Institute, MYR, CNBC, Management, MYR Group Locations: U.S, Austin

☆ Stanley Black & Decker updates targets, plus Nvidia and Palo Alto earnings on deck
▼ + stars: | 2024-11-20 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. 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. 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.

Persons: Jim Cramer, Stanley Black, Decker, Don Allen, Jim Cramer's, Jim, David Paul Morris Organizations: CNBC, ., Bloomberg, Nvidia, Palo Alto, Deere, BJ's Wholesale, Baidu, GE Healthcare, Jim Cramer's Charitable, Getty Locations: radiopharmaceuticals, Colma , California

☆ Palo Alto Networks beat and raise fails to wow Wall Street. But that plays into our hand
▼ + stars: | 2024-11-20 | by ( Jeff Marks | ) www.cnbc.com time to read: +8 min

Don't sweat the drop in Palo Alto Networks stock, which came despite a solid beat and raise after Wednesday's closing bell. Bottom line Palo Alto Networks is off to a strong start to its fiscal year 2025. Palo Alto Networks passed through the fiscal first-quarter earnings beat into its full-year fiscal 2025 outlook. NGS ARR includes revenue for Palo Alto Network's Prisma, Cortex, QRadar, and certain cloud-delivered security services. Nikesh Arora, Chairman and CEO of Palo Alto Networks, speaking at the TEC Summit on October 29, 2019 in New York City.

Persons: Platformization, We're, Palo, Nikesh Arora, Arora, Jim Cramer, SASE, billings, Jim Cramer's, Jim, Astrid Stawiarz Organizations: Palo Alto Networks, Palo, LSEG, Palo Alto, Alto Networks, Cisco Systems, cybersecurity, Street, Management, CNBC, TEC Summit Locations: Palo, platformization, Palo Alto, New York City

☆ We're buying more of this industrial stock that's fallen despite a great quarter
▼ + stars: | 2024-11-19 | by ( Jeff Marks | ) www.cnbc.com time to read: +2 min

Following the trade, Jim Cramer's Charitable Trust will own 1,450 shares of DD, increasing its weighting to roughly 3.35% from 3.2%. With DuPont shares round-tripping since the quarter, despite a ton of positive news, we're adding to our position right here. 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.

Persons: Jim Cramer's, Jim Cramer, Jim Organizations: DuPont, DD, Management, CNBC Locations: CrowdStrike

Here's a rapid-fire update on all the stocks in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club. This time around, Trump's tariff proposals on Chinese imports could help Amazon in its competition against low-price online sellers Temu and Shein. Salesforce : Not a Trump stock, but it wasn't a Kamala Harris stock either. Constellation Brands : The Mexican beer importer has been punished on fears about what Trump's tariff and immigration proposals could do to its business. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jim Cramer's, Jim, Donald Trump's, Trump's, Abbott, Trump, Hock Tan, Tan, We'll, it's pricier, Morgan Stanley, Wells, Kamala Harris, Agentforce, That's, Biden, Dover, Eaton's, Elon, Waymo, JD Vance, we've, Linde, that's, Eli Lilly, Robert F, Kennedy Jr, Kennedy, Lilly, Mark Zuckerberg, Zuckerberg, Goldman Sachs, shouldn't, Nextracker, Brian Niccol, Niccol, Stanley Black, Decker, TJ Maxx, Wells Fargo, Jim Cramer Organizations: Jim Cramer's Charitable Trust, CNBC, Abbott Laboratories, Abbott Labs, White, Biden, AMD, Trump, Wednesday, Broadcom, VMWare, BlackRock, Costco, Coterra Energy, Coterra, DuPont, Disney, GE Healthcare, GE Aerospace, Google, Honeywell, Elliott Investment Management, Linde, Microsoft, Big Tech, Apple, Meta, Financial Times, Nvidia, Palo Alto Networks, Yum Brands, Taco Bell, Constellation Brands, Management, TJX, Marshalls, Jim Cramer's Charitable Locations: China, India, Missouri, Wells Fargo, BlackRock, Shanghai, Dover, U.S, Palo, HomeGoods

☆ Tencent posts better-than-expected 47% profit surge as games, AI tools shine
▼ + stars: | 2024-11-13 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +2 min

Chinese tech company Tencent is a gaming giant and the parent company of WeChat, the ubiquitous social messaging app in China. Cheng Xin | Getty Images News | Getty ImagesChinese social media and gaming company Tencent on Wednesday reported better-than-expected profit in the third quarter ended Sept. 30, spurred by growth in games, advertising and cloud services. Tencent reported profit attributable to shareholders surged by 47% year-on-year to 53.23 billion yuan ($7.37 billion) in the third quarter, compared with an LSEG estimate of 46.18 billion yuan for the period. The company's revenue rose by an annual 8% to 167.19 billion yuan, short of the 167.82 billion yuan analyst forecast. Marketing services revenue, previously called online advertising, surged by an annual 17% to 29.99 billion yuan, making it one of the fastest-growing categories outside gaming.

Persons: Cheng Xin, Tencent Organizations: Getty, Management, Gaming, Global Locations: WeChat, China, Weixin

☆ Bonds grab the wheel — plus, more activist news and a profit warning tied to tariffs
▼ + stars: | 2024-11-12 | by ( Jeff Marks | ) www.cnbc.com time to read: +6 min

But it shows how the stock market begins to get a little skittish whenever bond yields surge like this. We've seen that dynamic rear its head from time to time during the rise in bond yields that began in September. 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.

Persons: Jim Cramer, It's, Elliott, ValueAct, Stanley Black, Decker, Trump, Donald Trump, CyberArk, Jim Cramer's, Jim Organizations: CNBC, ., Morning, Elliott Management, Honeywell, Meta, Management, Mizuho Securities, Club, Spotify, Occidental Petroleum, Skyworks, Jim Cramer's Charitable Locations: Meta, China

☆ Apple deftly navigated Trump's first term. The second one brings new challenges
▼ + stars: | 2024-11-06 | by ( Morgan Chittum | ) www.cnbc.com time to read: +7 min

The news Trump's decisive victory over Vice President Kamala Harris in the 2024 presidential election comes with varying implications for Apple investors. Apple got exceptions in Trump's first term that muted the impact of tariffs on Apple. Bottom line Apple deftly navigated a first Trump term, but it's way too early to say with certainty what Trump's second term in office will mean for the California tech giant. As for tariffs, Apple has wisely expanded its manufacturing capabilities outside of China in markets like India, and it should continue to do so. In Trump's second term, "Apple is going to need what I call special pleading," Jim Cramer said during the Morning Meeting.

Persons: Donald Trump, Kamala Harris, Trump, Apple —, Apple, Bernstein, Tim Cook, Cook, I've, Hillary Clinton, Rosenblatt, it's, Jim Cramer, they're, Jim, Jim Cramer's, Saul Loeb Organizations: Apple, Big Tech, Bank of America, Justice Department, Management, Nvidia, Microsoft, Club, Trump, Democratic, Rosenblatt, Samsung, DOJ, CNBC, American Workforce Policy, White, AFP, Getty Locations: China, U.S, India, California, Washington , DC

☆ Earnings playbook: Nearly 100 S&P 500 names are set to report, including three AI plays
▼ + stars: | 2024-11-03 | by ( Fred Imbert | ) www.cnbc.com time to read: +5 min

Artificial intelligence plays Palantir, Qualcomm and Super Micro Computer are among the 96 S & P 500 names on deck. Monday Palantir is set to report earnings after the bell, with a call scheduled for 5 p.m. This quarter: Earnings are expected to have soared more than 20% from the year-earlier period, per LSEG. Tuesday Super Micro Computer is set to report earnings after the close, followed by a call at 5 p.m. Qualcomm is set to report earnings after the close, with a call set for 4:45 p.m.

Persons: PLTR, SMCI, Ernst & Young, TD Cowen, Andrew Charles doesn't, Karen Lynch, David Joyner, Ross Seymore Organizations: Qualcomm, Apple, Microsoft, Meta, Investment, LSEG, Micro, Yum Brands, Brands, CVS, Revenue, VanEck Semiconductor, Deutsche Bank

☆ Linde falls after its guidance fails to wow the market. We've seen this movie before
▼ + stars: | 2024-10-31 | by ( Jeff Marks | ) www.cnbc.com time to read: +8 min

To be sure, it wasn't the typical beat-and-raise quarter that Linde has become known for over the years. Linde Why we own it: The industrial gas supplier and engineering firm has a stellar track record of consistent earnings growth. It increased to $10 billion thanks to the largest gas project sale in company history. Other companies in the industrial gas space have a shakier track record at this, especially for clean hydrogen projects. Guidance For the fourth quarter, Linde expects adjusted EPS in the range of $3.86 to $3.96, implying 8% to 10% growth compared with the year-ago period.

Persons: Linde, —, Sanjiv Lamba, shouldn't, Lamba, Jim Cramer's, Jim Cramer, Jim Organizations: Linde, Revenue, LSEG, LIN, Products, CNBC, Tanks, Bloomberg, Getty Locations: Americas, Europe, Middle East, Africa, Asia, China, India, Dow Chemical's Fort Saskatchewan

☆ Amazon crushed it in e-commerce and cloud, forecast an impressive holiday quarter
▼ + stars: | 2024-10-31 | by ( Jeff Marks | ) www.cnbc.com time to read: +9 min

Amazon reported a much better-than-expected third quarter Thursday, with strong growth across online sales, its cloud business and advertising. Commentary Cloud unit Amazon Web Services (AWS) revenue in the third quarter was essentially in line with the consensus forecast. Growth on a constant currency basis held steady from the second quarter at 19%, breaking a three-quarter streak of accelerating revenue growth. Quarterly results As for the rest of the company, Amazon delivered revenue beats across Online Stores (7% revenue growth), Subscription Services (11% revenue growth), and Advertising Services (19% revenue growth). Smaller businesses like Physical Stores (5% revenue growth) and Other (7% revenue growth) were better than expected too.

Persons: Andy Jassy, Jassy, it's, Kuiper, That's, Jim Cramer's, Jim Cramer, Jim, Nathan Stirk Organizations: Amazon, LSEG, Management, Walmart, Target, Microsoft, North America, International, Web Services, AWS, Subscription Services, Advertising Services, Seller Services, CNBC, Getty Locations: North, North America, United Kingdom, Germany, Sutton Coldfield, England

☆ Apple stuck it to the naysayers with better-than-feared financials, emerging iPhone 16 demand
▼ + stars: | 2024-10-31 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

While the hardware sales are certainly profitable, they pale in comparison to the profitability of Apple's Services. It's impossible to do consistently, and that's why Jim Cramer always says "own, don't trade" Apple stock. During the reported quarter, Apple returned over $29 billion to shareholders, including $3.8 billion in dividends and equivalents and another $25 billion via the repurchase of 112 million shares. Though Services sales missed the mark, gross income managed to outpace expectations thanks to significant year-over-year margin expansion. The growing installed base of active devices is of course translating into strong engagement with Apple's services.

Persons: Luca Maestri, that's, Jim Cramer, Time Cook, Apple, we're, Maestri, Jim Cramer's, Jim, Michael M Organizations: Apple, Samsung, Dell, HP Inc, of Asia, of Asia Pacific, Mac, Apple Watch, Apple Intelligence, Apple's Services, iOS, CNBC, Fifth, Santiago, Getty Locations: Apple's, Americas, Europe, Asia Pacific, Japan, Greater China, iPhones, Kantar, U.S, China, Australia, New York City

☆ We're hiking our GEHC price target, looking beyond a mixed quarter to next year's catalysts
▼ + stars: | 2024-10-30 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

Organic revenue growth of 1% matched expectations. Management raised the midpoint of full-year earnings guidance despite the continued in weakness in China that has been hampering top-line organic growth. Bottom Line Results were mixed, but it comes as no surprise that the quarter was negatively impacted by weakness in China. The team continues to deliver for customers and we've seen PDx reports seven quarters of high-single-digit or double-digit organic revenue growth." Pharmaceutical Diagnostics (PDx) segment — used in radiology and nuclear medicine to deliver more precise diagnoses — was particularly strong, delivering segment revenue growth of 7% organically.

Persons: Peter Arduini, Arduini, We're, James Saccaro, Saccaro, GEHC, Jim Cramer's, Jim Cramer, Jim, Martin Schutt Organizations: GE Healthcare, Revenue, LSEG, Management, Pharmaceutical Diagnostics, General Electric, Philips, Siemens, U.S . Food, Drug Administration, GE Healthcare's, Care Solutions, CNBC, Getty Locations: China, U.S, Jena , Germany

☆ Meta's stock drop tells the wrong story on earnings — so, we're boosting our price target
▼ + stars: | 2024-10-30 | by ( Zev Fima | ) www.cnbc.com time to read: +11 min

Don't let the after-hours stock action fool you, Meta Platforms delivered one heck of a strong third quarter and a current quarter revenue guide above expectations. Ok, now that the "bad" is out of the way, let's look at what investors should really be focused on as they consider what to do with Meta stock. Meta Platforms Why we own it : We value Meta Platforms for its targeted advertising dominance. Notably, Meta AI, the company's version of a ChatGPT-type generative artificial intelligence search/answer engine, now has over 500 million monthly active users. Looking ahead to 2025, the team noted on the release, "We continue to expect significant capital expenditures growth in 2025.

Persons: biggie, that's, China's ByteDance, Mark Zuckerberg, Jensen Huang, Zuckerberg, we're, Meta, it's, haven't, Jim Cramer's, Jim Cramer, Jim, Andrej Sokolow Organizations: LSEG, Meta, People, Management, China's, Reality Labs, Nvidia, ., Facebook, CNBC, Getty Locations: Ray, capex

☆ We upgraded Stanley Black & Decker stock despite the post-earnings selling
▼ + stars: | 2024-10-29 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

Stanley Black & Decker reported mixed quarterly results before Tuesday's opening bell, and the stock got whacked. SWK YTD mountain Stanley Black & Decker YTD Shares of Stanley Black & Decker consolidated around an 8% decline after the release. We upgraded Stanley Black & Decker on Tuesday morning back to our buy-equivalent 1 rating on the belief the stock reaction to the print was overdone. Stanley Black & Decker Why we own it: Stanley Black & Decker is in the later innings of a multi-year restructuring plan. To honor the occasion, Donald Allan, Jr., President & CEO of Stanley Black & Decker, joined by Chris Taylor, NYSE Global Head of Advisory, rings the Opening Bell®.

Persons: Stanley Black, Decker, Stanley, Donald Allan, we're, Allan, —, Jim Cramer's, Jim Cramer, Jim, Donald Allan , Jr, Chris Taylor Organizations: Revenue, Stanley Black, Treasury, Federal, Bosch, Techtronic Industries, Management, CNBC, The New York Stock Exchange, NYSE Global Locations: Dewalt, Europe

☆ Earnings playbook: Busiest week of the season includes reports from megacaps Apple and Amazon
▼ + stars: | 2024-10-27 | by ( Fred Imbert | ) www.cnbc.com time to read: +7 min

Monday Ford Motor is set to report earnings after the bell, followed by a conference call at 5 p.m. What history shows: Bespoke Investment Group data shows Ford beats earnings expectations 68% of the time. What to watch: Meta is in a good spot heading into this week's report, according to Bernstein's Mark Shmulik. Microsoft is set to report earnings after the close, with a conference call on deck for 5:30 p.m. Amazon is set to report earnings after the market close, with a conference call at 5 p.m.

Persons: Edison Yu, Yu, BioNTech, Goldman Sachs, Toshiya Hari, Hari, LSEG, Bernstein's Mark Shmulik, Morgan Stanley's Keith Weiss, AAPL, KeyBanc, Justin Post Organizations: Apple, Ford Motor . Pharmaceutical, Pfizer, Corporate America, Monday Ford, LSEG, Ford, AMD, Cloud Service, Google, Microsoft, Windows, CNBC, Management, Amazon Web Services, Bank of America, Amazon Locations: Temu, .

☆ 14 earnings reports and major economic data will be the stock market movers this week
▼ + stars: | 2024-10-27 | by ( Zev Fima | ) www.cnbc.com time to read: +15 min

The Street is looking for Stanley Black & Decker sales of $3.8 billion in the third quarter and earnings per share (EPS) of $1.05. The Street is looking for Linde sales of $8.35 billion in the third quarter and EPS of $3.89. In addition to the headline results and forward guidance, overall organic sales growth and data center energy power demand will be focus items for investors. The Street is looking for sales of $94.47 billion in its fiscal fourth quarter and EPS of $1.55. The Street is looking for Coterra sales of $1.3 billion in the third quarter and EPS of 34 cents.

Persons: That's, It's, Stanley Black, Decker, we're, We're, Eli Lilly, Lilly, Amy Hood's, Brian Niccol, Wednesday's, Linde, it's, we'll, Phillips, Horton, Kraft Heinz, SIRI, Estee Lauder, BUD, Cardinal Health, Jim Cramer's, Jim Cramer, Jim, Stephanie Keith Organizations: Nasdaq, Dow, Fed, PCE, YouTube, Justice, AMD, GE Healthcare, Reality Labs, Microsoft, Management, Starbucks, U.S, Presidential, Linde, Apple Intelligence, Amazon, Services, Coterra Energy, WM, Cadence Design Systems, Labor, PayPal, BP, Pfizer, Royal Caribbean Cruises, JetBlue, HSBC, Devices, Grill, Electronic Arts, EA, Gross, Caterpillar, Brinker International, AFortive Corporation, Illinois Tool, Coinbase, eBay, EBAY, Booking Holdings, MGM Resorts, MGM, Bausch Health, LIN, Merck, ConocoPhillips, Mastercard, Altria, Cruise, Myers Squibb, Comcast, Mobileye, Cheniere Energy, Regeneron Pharmaceuticals, Anheuser, Busch InBev, Intel, United States Steel, Juniper Networks, Chevron, Exxon Mobil, Dominion Energy, Charter Communications, LyondellBasell Industries, Cardinal, Jim Cramer's Charitable, CNBC, New York Stock Exchange, Getty Locations: Eaton, Corning, Illinois, Bristol, New York City

☆ How activist Starboard may help boost value in Kenvue's skin and beauty business
▼ + stars: | 2024-10-26 | by ( Kenneth Squire | ) www.cnbc.com time to read: +8 min

The company operates through three segments: Self Care, Skin Health and Beauty, and Essential Health. Self Care product categories include pain care; cough cold allergy; and "other self care." The Skin Health and Beauty segment's product categories include face and body care and hair, sun and others. Skin Health and Beauty has been proven to be a marketing business whose growth can be greatly aided by social media. Kenvue has a solid business with iconic brands and one underperforming segment in Skin Health and Beauty.

Persons: Russell, Johnson, Kenvue, Michael CeraVe, Ken Squire Organizations: Skin, Health, Self, pharma, Colgate, Palmolive, Haleon, Kenvue, Essential Health, L'Oreal, Beauty, Skin Health, Management, 13D Locations: North America, Asia, Europe, Middle East, Africa, America, CY19, CeraVe

☆ Stocks making the biggest moves midday: Tapestry, Capri, L3Harris Technologies and more
▼ + stars: | 2024-10-25 | by ( Hakyung Kim | In Hakyungkim | ) www.cnbc.com time to read: +3 min

The sharp moves come after a judge ruled in favor of the Federal Trade Commission's case to block Tapestry's acquisition of Capri . L3Harris Technologies — Shares rose 3.5% after the defense company reported a top- and bottom-line beat in the third quarter. Western Digital posted adjusted earnings of $1.78 per share, versus consensus forecasts for $1.72 per share, according to LSEG. Adjusted earnings before interest, taxes, depreciation, and amortization of $3.27 billion was just slightly short of consensus calls for $3.28 billion. In the fiscal second quarter, Booz Allen Hamilton reported adjusted earnings of $1.81 per share on $3.15 billion in revenue.

Persons: L3Harris, FactSet, ResMed, Booz Allen Hamilton, —, Alex Harring, Lisa Kailai Han, Sean Conlon Organizations: Tapestry, Federal Trade, Capri, FactSet, Colgate, Palmolive, Western Digital, Digital Realty Trust, Management, HCA, HCA Healthcare, Booz

☆ Industrial AI play Dover falls on a noisy quarter. Here's why we'd buy the dip
▼ + stars: | 2024-10-24 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +8 min

Dover on Thursday reported weaker-than-expected third-quarter results, pressuring shares of the industrial conglomerate with ties to AI data centers. Dover Why we own it : We own Dover as an industrial turnaround story with exposure to mega-themes, most notably the data center buildout to support artificial intelligence computing. That created headlines that implied Dover cut its full-year guidance, but in reality executives warned in advance that sales growth and earnings projections would be altered. To be sure, we are restricted from trading Dover's stock for the next 72 hours because Jim Cramer on Thursday mentioned the company on CNBC TV. Dover considers those areas its "growth platforms," and their increasing share of the portfolio carries positive implications for Dover's margins.

Persons: We're, Ingersoll Rand, Dover, Richard Tobin, Tobin, Jim Cramer, DOV, Dover's, —, Danaher, Jim Cramer's, Jim, Jason Marz Organizations: IDEX Corp, Management, CNBC, Dover, Mizuho Securities, Club Locations: Dover, Veralto, Europe

☆ Top Wall Street analysts like these stocks for their growth prospects
▼ + stars: | 2024-10-20 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +5 min

To this end, top Wall Street analysts, with their expertise, can help investors understand the key drivers that could support a company's long-term growth and pick stocks that are likely to deliver lucrative returns. Here are three stocks favored by the Street's top pros, according to TipRanks, a platform that ranks analysts based on their past performance. Also, the analyst is confident about his Q4 revenue growth estimate of 12%, given "healthy closure rates and further pipeline building into a seasonally strong 4Q24." The company has been seeing stellar revenue growth rates, driven by robust demand for its advanced GPUs (graphics processing units) in building artificial intelligence models and applications. The analyst thinks that Blackwell's launch and ramp-up are not just near- and medium-term revenue growth drivers, but also key factors that will enhance Nvidia's competitive advantage.

Persons: Cowen, Shaul Eyal, Eyal, TipRanks, Gregg Moskowitz, Microsoft's GitHub, Moskowitz, Goldman Sachs, Toshiya Hari, Hari Organizations: Wall Street, Lacework, Mizuho, Nvidia, Dell, Hewlett Packard Enterprise Locations: billings

Search resuls for: ". Management"

25 mentions found