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wouldn't - 1 Michael Feroli - 1 CNBC's - 1 Ruben Roy - 1 Jefferies - 1 AAPL - 1 Baird - 1 Will Power - 1
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Federal Reserve - 1 Dow Jones - 1 JPMorgan - 1 Microsoft - 1 Devices - 1 Apple - 1 Google - 1 CNBC - 1

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☆ Stock market setting itself up for disappointment as it hits all-time high ahead of the Fed
  + stars: | 2024-09-17 | by ( Sean Conlon | ) www.cnbc.com   time to read: +2 min
Last week, markets expected a quarter-point rate cut and were just happy that the Fed was starting the cutting cycle. .SPX YTD mountain S & P 500, YTD And fed funds futures now point a majority of traders seeing a half point cut. Even though most Fed officials and economists believe the central bank would start with a quarter point. But now we've gone from that fear to expecting a half point. On the other hand, the JPMorgan traders think that a cut of a quarter point would "add to market uncertainty," meaning that we probably shouldn't expect the market to keep building on its all-time highs with a quarter point.
Persons: wouldn't, Michael Feroli, CNBC's Organizations: Federal Reserve, Dow Jones, JPMorgan
☆ Earnings playbook: Your guide to the busiest week of the season, including Microsoft and Apple
  + stars: | 2024-07-28 | by ( Fred Imbert | ) www.cnbc.com   time to read: +4 min
Of those names, 78% have beaten earnings expectations. Tuesday Advanced Micro Devices is set to report earnings after the bell. Thursday Apple is set to report earnings following the market close. This quarter: Expectations are muted around the tech giant, with analysts forecasting just 6% year-over-year earnings growth, according to LSEG data. This quarter: Analysts polled by LSEG see earnings growth of more than 55% for Amazon.
Persons: Ruben Roy, Jefferies, AAPL, Baird, Will Power, AMZN, LSEG, Brian Pitz, 120bps Organizations: Microsoft, Devices, Apple, Google, CNBC, AMD, LSEG, GPU, ISI, Apple Intelligence, Amazon, BMO
☆ JPMorgan double-upgrades AB InBev, says shares are cheap and will benefit from light beer sales recovery
  + stars: | 2022-11-28 | by ( Samantha Subin | ) www.cnbc.com   time to read: +2 min
Slowing demand for hard seltzer opens up an opportunity for beer giant Anheuser-Busch InBev, according to JPMorgan. Analyst Jared Dinges double-upgraded shares of the beer manufacturer to overweight from underweight, saying the stock is trading at a 23% discount to the broader sector and should benefit from improving demand for domestic light beer in the United States. A resurgence in demand for domestic light beer — Anheuser-Busch's "bread and butter" — and the decline in hard seltzer demand in the U.S. should also bode well for the company going forward, Dinges said. "It's commonly believed that Hard Seltzer sales are primarily being replaced by [ready-to-drink beverages], however, we believe a bigger benefactor from the seltzer slowdown is domestic light beer - domestic light beer has improved its share trajectory by 120bps in 2022 alone," he wrote. Demand for beer in the region correlates strongly with the global commodities cycle and should remain strong even as commodities prices remain elevated.
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