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The blasts that rocked Lebanon for a second day reached the doors of a walkie-talkie maker in Japan on Thursday, as Israel’s declaration of a “new phase” to the conflict raised fears of all-out war. As the world urged against further escalation after months of devastating war with Hamas in Gaza, Israel indicated its focus had shifted to its northern border with Lebanon. “We are at the start of a new phase in the war — it requires courage, determination and perseverance on our part,” he said. In northern Israel, at least eight people were injured by anti-tank fire from across the Lebanon border, health authorities said early Thursday. While Israel has not taken responsibility for the attacks, the militant group and Lebanese officials also pinned the blame on Israel.

Persons: pagers, Hassan Nasrallah, Yoav Gallant, ”, Gallant, Defense Lloyd Austin, Israel, Abdallah Rashid Bouhabib, NNA, Icom, Kazuhiro Nogi, ” Yoshiki Enomoto, Enomoto, didn't, ” Icom, Cristiana, Gold, Arcidiacono Organizations: ”, Defense, NBC News, . Security, Lebanese Telecommunications Ministry, Getty, Reuters, Icom, NBC, Consulting, Taiwanese Ministry of Economic Affairs Locations: Lebanon, Japan, Iran, Gaza, Israel, U.S, New York, Taiwan, Bulgaria, Beirut, Osaka, Tokyo, AFP, East

A photo taken on September 18, 2024, in Beirut's southern suburbs shows the remains of exploded pagers on display at an undisclosed location. “The design and manufacturing of the products are solely the responsibility of BAC,” Gold Apollo said. The allegations raise further questions as to who manufactured the devices and just how they made their way into Hezbollah’s pockets. Hungarian authorities denied Gold Apollo’s suggestion, saying that the Budapest-registered company “is a trading intermediary” with no manufacturing sites in the country. CNN has attempted to reach BAC at the address listed for its office, located in a residential area of Budapest.

Persons: Hsu Ching, kuang, Hsu, Gold, International Communication Zoltan Kovacs, Kovacs, ” Organizations: Getty, Consulting, ”, International Communication, CNN Locations: Beirut's, AFP, Lebanon, Budapest, Hungarian, Hungary, ” Hungary’s

☆ Walkie-talkie firm probes link to 2nd wave of Lebanon blasts as Israel declares ‘new phase’ of war
▼ + stars: | 2024-09-19 | by ( Mithil Aggarwal | ) www.cnbc.com time to read: +5 min

The Israeli military said it had struck Hezbollah infrastructure and a weapons storage facility in southern Lebanon in overnight airstrikes. Israeli artillery also struck several areas in southern Lebanon, the IDF said in a statement. In northern Israel, at least eight people were injured by anti-tank fire from across the Lebanon border, health authorities said early Thursday. While Israel has not taken responsibility for the attacks, the militant group and Lebanese officials also pinned the blame on Israel. Whether original Gold Apollo products were tampered with, or entirely fake ones manufactured, was still being investigated, a spokesperson for the Taiwanese Economic Affairs Ministry told NBC News.

Persons: Hassan Nasrallah, Yoav Gallant, Gallant, Lloyd Austin, Israel, Abdallah Rashid Bouhabib, NNA, Icom, Yoshiki Enomoto, Enomoto, didn't, Cristiana, Gold, Arcidiacono Organizations: Hamas, Israeli, NBC News, United Nations Security Council, Lebanese Telecommunications Ministry, Reuters, Icom, NBC, Consulting, Taiwanese Economic Affairs Ministry Locations: Beirut's, Lebanon, Japan, Iran, Gaza, Israel, U.S, New York, Taiwan, Bulgaria, Beirut, Osaka, East

☆ The detonation of pagers used by Hezbollah shows the depths of supply-chain infiltration
▼ + stars: | 2024-09-19 | by ( Lloyd Lee | Erin Snodgrass | ) www.businessinsider.com time to read: +4 min

Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThe Tuesday attack in Lebanon, where hundreds of pagers used by the Iran-backed militant group Hezbollah simultaneously detonated, points to a highly sophisticated operation that likely required months of planning and an infiltration of a global supply chain, experts told Business Insider. This story is available exclusively to Business Insider subscribers. Spokespeople for the Israel Defense Forces and the US Department of Defense did not immediately respond to a request for comment from Business Insider. Business Insider was not able to reach BAC Consulting for comment.

Persons: —, Jones, Israel, Sean McFate, McFate, Robert Khachatryan, Cristiana Organizations: Service, Associated Press, Lebanese Health Ministry, AP, Business, New York Times, Israel Defense Forces, US Department of Defense, Armament Research Services, Syracuse University's Maxwell School of Citizenship, Public Affairs, Freight, Global Logistics, NBC News, Consulting, The New York Times, Taliban Locations: Lebanon, Iran, Israel, Taiwan, Hungary

☆ Fed interest rate cut expected and global trail behind Hezbollah pager explosions: Morning Rundown
▼ + stars: | 2024-09-18 | by ( Elizabeth Robinson | Elizabeth Robinson Is A Newsletter Editor For Nbc News | Based In Los Angeles. | ) www.nbcnews.com time to read: +8 min

Fed expected to cut key interest rateChair of the U.S. Federal Reserve Jerome Powell speaks at the U.S. Capitol in July. Bonnie Cash / Getty ImagesThe Federal Reserve is poised to cut its key interest rate for the first time since the onset of the Covid pandemic in 2020. But mixed signals from the economy have some Wall Street traders predicting it’s more likely that there will be a 0.5% cut. It’s for Prime members only, so you’ll have to sign up in time if you want to shop. And did you know that in addition to free shipping, members also get benefits like Prime Video and Grubhub+.

Persons: Sean “ Diddy ” Combs, Jerome Powell, Bonnie Cash, Hsu Ching, kuang, Cristiana Bársony, Arcidiacono, Gold, “, ”, pagers, Sean ‘ Diddy ’ Combs, Combs, Mike Johnson, Trump, Donald Trump, Harris, Kamala Harris, Chuck Todd, Gisele Pelicot, Christophe Simon, I’m, don’t, Annie Hill, Elizabeth Robinson Organizations: U.S . Federal, U.S, Capitol, CNBC, Fed, Consulting, Prosecutors, of, National Association of Black Journalists, Republicans, NBC, Trump, Polaris, University of North Texas Health Science, The, Getty, Amazon Locations: Lebanon, Taiwan, Iran, Israel, Hungary, Southern, of New, Springfield , Ohio, Gaza, Ohio, San Diego, Mazan, France, AFP

Images of the destroyed pagers showed that they bore stickers from Taiwan-based Gold Apollo, Reuters reported. In a statement, Gold Apollo identified the other company as the Hungary-based BAC. Reached by phone on Wednesday, a spokesperson for Gold Apollo declined to comment further, citing the ongoing investigation. The explosions on Tuesday come amid rising concern that tensions between Israel and Lebanon could spiral into all-out war. Hsu of Gold Apollo said he also felt he had been victimized and was considering filing a lawsuit.

Persons: Hsu Ching, kuang, ” Hsu, ”, “, Mohamed Azakir, Jeanine Hennis, Matthew Miller, Muhammad Mahdi, Ali Ammar, Hsu, Gold Apollo Organizations: Reuters, of Economic Affairs, NBC News, Hamas, . Security, American University of, American University of Beirut Medical Center, U.S . Locations: HONG KONG, Taiwan, Lebanon, Iran, Israel, Europe, New Taipei, Hungary, Beijing, United States, Gaza, Israeli, American University of Beirut, U.S

☆ Taiwan manufacturer rejects links to Lebanon's exploding pager attacks, names Hungarian firm
▼ + stars: | 2024-09-18 | by ( Natasha Turak | ) www.cnbc.com time to read: +2 min

Taiwanese pager manufacturer Gold Apollo rejected reports that it produced the devices at the center of deadly attacks in Lebanon that killed at least 12 people and injured nearly 3,000 others. Thousands of pagers used by Hezbollah members around Lebanon simultaneously exploded on Tuesday evening, sending local emergency services into overdrive as hospitals filled up with wounded patients. Hezbollah called the act an "Israeli aggression"; Israel, meanwhile, has not commented on the blasts. Tens of thousands of people in both Lebanon and Israel have been evacuated from their homes. Hezbollah's leadership has previously said it does not seek a wider war, but would fight if provoked by Israel.

Persons: Hsu Ching, kuang, Gold Apollo, Mojtaba Amani, Israel, Benjamin Netanyahu, — Organizations: Reuters, Consulting, CNBC, Lebanese, Palestinian, Hamas Locations: Beirut's, Lebanon, New Taipei, Budapest, Hungary, Iran, Israel, Gaza, Israel's

☆ Hezbollah hand-held radios detonate across Lebanon, sources say
▼ + stars: | 2024-09-18 | by ( ) www.cnbc.com time to read: +4 min

The hand-held radios were purchased by Hezbollah five months ago, around the same time that the pagers were bought, said a security source. The two sides have been engaged in cross-border warfare since the Gaza conflict erupted last October, fuelling fears of a wider Middle East conflict that could drag in the United States and Iran. But given the scale, the impact on families, on civilians, there will be pressure for a stronger response," said Mohanad Hage Ali of the Carnegie Middle East Center. One Hezbollah official said the detonation was the group's "biggest security breach" in its history. It followed a series of assassinations of Hezbollah and Hamas commanders and leaders blamed on Israel since the start of the Gaza war.

Persons: Tuesday's detonations, Firass Abiad, Tuesday's, Gold Apollo, Israel, Ayman Safadi, Mohanad Hage Ali Organizations: American University of, American University of Beirut Medical Center, Hezbollah, Reuters, Lebanese Health, Israel, Jordan's, Carnegie Middle East Center Locations: American University of Beirut, Lebanon, Israel, Lebanon's, Beirut's, Iran, Lebanese, Beirut, Hungary's, Budapest, Gaza, United States

CNN has attempted to reach BAC through the website that Gold Apollo gave to reporters. Later, the company told Gold Apollo it wished to make its own pagers and asked for the right to use its brand, he added. Taipei has no record of Gold Apollo pagers being shipped to Lebanon, the ministry said in a statement, adding it will continue to investigate. The logo of Taiwanese company Gold Apollo is seen outside its office in New Taipei City on September 18. Hsu founded Gold Apollo with 100 million New Taiwan dollars ($3.1 million) in capital in 1995, according to Taiwan’s corporate registry.

Persons: Hsu Ching, kuang, ” Hsu, “ I’ve, Apollo’s pagers, Hsu, Johnson Lai, Gold Apollo, Gold, ”, Yan Zhao, Hassan Nasrallah, pagers Organizations: New, Hong Kong CNN, New York Times, CNN, Consulting, BAC, Taiwan’s Ministry of Economic Affairs, Getty, Taiwan’s Commonwealth Magazine, FBI Locations: New Taipei City, Hong Kong, Lebanon, Israel, Taiwan, Europe, Budapest, United States, Australia, Taipei, AFP, Iran

☆ Justin Timberlake expected to plead guilty to driving while impaired
▼ + stars: | 2024-09-13 | by ( Brynn Gingras | ) edition.cnn.com time to read: +1 min

CNN —Justin Timberlake is expected to plead guilty to one count of driving while impaired in a deal with Suffolk County, New York prosecutors, who agreed to drop a driving while intoxicated charge against the singer, according to a source familiar with the case. The plea will include a to-be-determined fine, though the judge in the case could impose other penalties and still needs to approve the agreement at a hearing scheduled Friday morning, where Timberlake is anticipated to be in attendance. Before the agreement, Timberlake had pleaded not guilty to the DWI charge, a misdemeanor, back in August. Had he been convicted, he could have faced a maximum of one year in prison and a $2500 fine. Justin Timberlake was arrested in Sag Harbor, New York in June.

Persons: Justin Timberlake, Timberlake, I’m Organizations: CNN, Department of Motor Vehicles, Sag Harbor Police, BMW, Police Locations: Suffolk County , New York, New York, “, Sag Harbor , New York, Sag, Sag Harbor, New Jersey

☆ CNBC Daily Open: Looking past sticky core inflation
▼ + stars: | 2024-09-12 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Spencer Platt | Getty Images News | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. The S&P 500 climbed 1.07%, the Dow Jones Industrial Average added 0.31% and the Nasdaq Composite shot up 2.17%. Core inflation, to which the Fed pays more attention because it more accurately reflects price movements, came in a bit higher than expected for the month. Core inflation was higher than the headline number because food and energy prices are stripped out from the former.

Persons: Spencer Platt, –, Jeff Cox, Pia Singh, Lisa Kailai Han Organizations: Getty, CNBC, Dow Jones, Nasdaq, Fed, of Labor Statistics, Nvidia, Reuters, U.S . House Locations: Brooklyn, New York City, U.S, Saudi Arabia

☆ Financials have been on fire lately. These stocks are expected to fly higher from here
▼ + stars: | 2024-09-11 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

Financials have been on a tear lately, and some stocks in the space could break out. The S & P 500 financial sector has advanced more than 16% this year and nearly 4% over the past month. It's also jumped 7% during the third quarter, outperforming the S & P 500's 0.3% increase. The S & P 500 and the Nasdaq Composite are both down more than 2% in September. KKR YTD mountain KKR stock.

Persons: It's, Wells Fargo, Nicholas Watts, there's, Matt O'Connor Organizations: Nasdaq, CNBC, Stock, KKR, Atlantic, Global, LSEG, Deutsche Bank, Bank of America, Deutsche, Berkshire Hathaway Locations: U.S, financials, Wells Fargo, Berkshire

☆ Berkshire unloads another chunk of Bank of America as CEO Moynihan lauds Buffett as great shareholder
▼ + stars: | 2024-09-11 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

CNBCWarren Buffett's Berkshire Hathaway offloaded another chunk of Bank of America shares, bringing its total sales to more than $7 billion since mid-July and reducing its stake to 11%. The latest action extended Berkshire's selling streak to 12 consecutive sessions, matching the 12 consecutive sessions from July 17 to Aug. 1. Berkshire has sold more than 174.7 million shares of the Charlotte-based bank for $7.2 billion, with 858.2 million shares remaining, or 11.1% of shares outstanding. BofA CEO Brian Moynihan made a rare comment about Berkshire's sales Tuesday, saying he has no knowledge of Buffett's motivation for selling. Stock Chart Icon Stock chart icon Bank of America

Persons: Warren Buffett, Berkshire Hathaway, BofA, Moynihan, Buffett Buffett, Brian Moynihan Organizations: Berkshire, CNBC Warren, of America, Apple, American Express, Oracle, Barclays Global Financial Services, Bank of America Locations: Omaha , Nebraska, Omaha, Berkshire, Charlotte, BofA

☆ Banks have been trashed for no reason, other than Warren Buffett selling BAC, says Jim Cramer
▼ + stars: | 2024-08-05 | by ( Jim Cramer | ) 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 EmailBanks have been trashed for no reason, other than Warren Buffett selling BAC, says Jim Cramer'Mad Money' host Jim Cramer talks today's market downturn and how to navigate it.

Persons: Banks, Warren Buffett, Jim Cramer

☆ Berkshire's mounting cash pile could top $200 billion as Buffett continues selling stock
▼ + stars: | 2024-08-02 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

David A. GroganBerkshire Hathaway 's highly scrutinized cash pile could top $200 billion — more than the entire annual gross domestic product of Hungary — amid CEO Warren Buffett's rare sale of some of his favorite stocks. The Omaha-based conglomerate is likely to say its cash hoard topped the previous record of $189 billion, set in the first quarter, when it reports second-quarter earnings Saturday morning. The selling could have resumed in the second quarter as shares of the iPhone maker jumped 23% in the period. "It's just a question of how long they are going to sit on it," Andrew Kligerman, TD Cowen's Berkshire analyst, said in an interview, referring to Berkshire's enormous cash pile. Stock Chart Icon Stock chart icon Berkshire Hathaway

Persons: Warren Buffett, David A, Grogan Berkshire Hathaway, Warren, Buffett, Bill Stone, Andrew Kligerman, I've, Berkshire Hathaway Organizations: Berkshire Hathaway, Apple, Bank of America, Oracle, Glenview Trust Company, America, Federal, Berkshire Locations: Omaha , Nebraska, Hungary, Omaha, Glenview, Berkshire, Charlotte

☆ Here are Tuesday's biggest analyst calls: Nvidia, Apple, Roblox, Netflix, Amazon, Tesla, McDonald's, Affirm & more
▼ + stars: | 2024-07-30 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Tuesday's biggest calls on Wall Street: Loop initiates BrightView as buy Loop said it's bullish on shares of the commercial landscaping company. Evercore ISI reiterates Apple as outperform Evercore said it's bullish ahead of Apple earnings later this week. " Bank of America reiterates Roblox as buy Bank of America said it's standing by Roblox ahead of earnings on August 1. Deutsche Bank reiterates McDonald's as buy Deutsche said it's standing by the fast food giant following earnings. Bank of America reiterates Goldman Sachs as buy Bank of America said top pick Goldman Sachs has "cyclical/secular tailwinds."

Persons: Evercore, it's, Jensen Huang, Nvidia's Blackwell, Blackwell, KBW, Oppenheimer, Wells, Roblox, Tesla, McDonald's, Baird, Edward Jones, Goldman Sachs, ROE resiliency, Morgan Stanley, Wells Fargo Organizations: Apple, Citi, Nvidia, " Bank of America, of America, Barclays, UBS, Amazon, Netflix, Bank of America, JPMorgan, RBC, Tesla, Deutsche Bank, Deutsche, Whirlpool, underperform Bank of America, Abbott Laboratories, Abbott Labs, Edward, Stock, 2Q, PNC, WF

☆ Warren Buffett starts downsizing his Bank of America bet — Here's what could lie behind the move
▼ + stars: | 2024-07-28 | by ( Yun Li | ) www.cnbc.com time to read: +4 min

Warren Buffett surprised many investors by downsizing one of his longest held and largest positions — Bank of America . Berkshire Hathaway recently unloaded 52.8 million Bank of America shares worth $2.3 billion during a six-day selling spree, the first time since late 2019 that the Omaha-based conglomerate reduced its holding. The legendary investor said then that he liked the business, valuation and management of the Charlotte-based bank "very much." BAC YTD mountain Bank of America Tax liability Taxes could also be a motivating factor in the BofA sale. Buffett, who paid over $5 billion in corporate taxes in 2023, believes the corporate tax rate could move higher to help fill the government's yawning gap between spending and revenue.

Persons: Warren Buffett, Buffett, Brian Moynihan, James Shanahan, Edward Jones, BofA, … BofA, they'd, Moynihan Organizations: — Bank of America, Oracle, Omaha . Berkshire Hathaway, of America, Berkshire, Apple, Bank of America Locations: Omaha ., Omaha, Berkshire, BofA, Charlotte

Morgan Stanley raised its price target on Rivian to $17 from $13. Analyst Frank Lee did raise his price target to $200 from $190, although he added that "the risk-reward is less attractive now." Guggenheim hiked the price target to $735 per share from $700. He did raise his price target for the stock to $225 from $180, although this price hike still implies that Tesla stock could fall 12%. Analyst Adam Jonas raised his price target on the stock to $17 from $13.

Persons: Morgan Stanley, Jefferies, Frank Lee, Lee, Lisa Kailai Han, Michael Morris, Morris, Guggenheim, — Jesse Pound, Morgan Stanley's Simeon Gutman, Gutman, Seth Sigman, Truist, – Samantha Subin, TD Cowen downgrades Charles Schwab, Charles Schwab's, TD Cowen, Bill Katz, Charles Schwab, Katz, mgmt, — Lisa Kailai Han, Wells, Bank of America Wells, Mike Mayo, Mayo, Goliath, Dan Levy, Levy, Dennis Geiger, Geiger, Thomas Fitzgerald, Fitzgerald, David Windley, UnitedHealth's, Windley, UNH, Adam Jonas, Rivian, Jonas, Fred Imbert Organizations: CNBC, HSBC, Qualcomm, Microsoft, Netflix, Guggenheim, Barclays, ISI, Citi, Mizuho, Bank of America, of America, Tesla, UBS, Sweetgreen, sss, IK, TD Cowen downgrades, Airlines, American Airlines, Delta, Jefferies, Presidential, Chevron, Volkswagen Locations: China, Tuesday's, Mayo, U.S, Tesla's, UnitedHealth, UNH's

☆ Earnings playbook: Your guide to the first full week of the reporting season, including Netflix and Goldman
▼ + stars: | 2024-07-14 | by ( Fred Imbert | ) www.cnbc.com time to read: +5 min

Monday Goldman Sachs is set to report earnings before the bell. This quarter: Morgan Stanley is expected to report earnings per share growth of more than 30%, per LSEG. What history shows: Bespoke data shows United beats earnings expectations 71% of the time. Thursday Netflix is set to report earnings after the bell, with a conference call slated for 4:45 p.m. This quarter: The streaming giant is expected to report earnings per share growth of more than 40%, per LSEG.

Persons: Goldman Sachs, Morgan Stanley, Hugh Son, David Solomon, Goldman, Ted Pick, UAL, Leslie Josephs, NFLX, Goldman's Eric Sheridan, Citi's Jason Bazinet Organizations: Bank of America, Netflix, CNBC, LSEG, Investment, Wednesday United Airlines, Delta, Boeing, Airbus

☆ Here are 5 key things we're watching closely in the stock market this week
▼ + stars: | 2024-07-13 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

Three of our Club rate plays — solar panel company Nextracker , Stanley Black & Decker , and Ford — were our top-performing stocks for the week. Friday also ushered in the start of the second quarter earnings season. Earnings Club name Morgan Stanley reports second-quarter earnings before Tuesday's opening bell. 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.

Persons: Nextracker, Stanley Black, Decker, Ford —, Wells Fargo, Morgan Stanley, Abbott, Goldman Sachs, Charles Schwab, JB Hunt, Johnson, Ally, Kinder Morgan, Horton, Huntington, Jim Cramer's, Jim Cramer, Jim, Ted Pick, Adam Galici Organizations: Dow Jones, Nasdaq, Big Tech, PPI, Abbott Laboratories, Libre Rio, Bank of America, PNC Financial, PNC, Pinnacle Financial, Housing, U.S . Bancorp, Northern Trust Corporation, Citizens, United Airlines, Alcoa, Steel Dynamics, Green Realty, Taiwan Semiconductor, Nokia, Infosys Technologies, McLennan Companies, T Bank Corp, Forestar, Novartis, Textron, Netflix, PPG Industries, AAR, American Express, Fifth Third Bancorp, Halliburton, HAL, Comerica, CMA, Financial, Jim Cramer's Charitable, CNBC Locations: Wells, BlackRock, BLK, U.S, Marsh, Davos, Switzerland

☆ Here are Tuesday's biggest analyst calls: Nvidia, Tesla, Apple, Meta, Alphabet, Amazon, RH, Netflix & more
▼ + stars: | 2024-07-09 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Tuesday's biggest calls on Wall Street: Goldman Sachs reiterates Alphabet and Meta as buy Goldman said it's sticking with its buy rating on shares of Alphabet and Meta. Bank of America reiterates Apple as buy Bank of America said its checks show App Store revenue increasing for Apple. KeyBanc reiterates Nvidia as overweight KeyBanc said it's sticking with its overweight rating on Nvidia shares. Morgan Stanley reiterates Tesla as overweight Morgan Stanley said it's sticking with its overweight rating on Tesla shares. " "We initiate coverage on JMIA with a Buy rating and a PT of $14."

Persons: Goldman Sachs, Goldman, Stifel, Jefferies, TD Cowen, it's, Piper Sandler, Piper, KeyBanc, Raymond James, Exscientia, Cowen, Morgan Stanley, Wolfe, Markel, it's bullish, Robinson, Tesla Organizations: Amazon, Netflix, YouTube, Mobile, Bank of America, " Bank of America, Apple, Nvidia, UBS, Group, Citizens, Investment, Ventures, Mizuho, First Bancorp, of America, JPMorgan, Technologies, Pan Locations: destocking, UW, F3Q, SensorTower, BRX, Puerto Rico, Pan -

TD Cowen raised its price target on Netflix, calling for 13% upside for the stock. JPMorgan analyst Rachel Vatnsdal was similarly bullish with her $42 price target, while Morgan Stanley analyst Tejas Savant set a price target of $44. The analyst also raised his price target to $42 from $37, indicating a potential 3% upside from the stock's Monday afternoon close. — Lisa Kailai Han 5:44 a.m.: TD Cowen lifts Netflix price target ahead of second-quarter earnings announcement TD Cowen expects more gains ahead for Netflix . NFLX YTD mountain NFLX year to date — Lisa Kailai Han 5:44 a.m.: KeyBanc hikes Nvidia price target The good times for Nvidia are not over yet, according to KeyBanc.

Persons: TD Cowen, KeyBanc, Morgan Stanley, Bank of America Michael Ryskin, Ryskin, Rachel Vatnsdal, Tejas Savant, Morgan Stanley's Savant, William Blair, Stifel, Lisa Kailai Han, Wells, Donald Fandetti, Fandetti, — Lisa Kailai Han, Grayson, Daniel Lungo, Piper Sandler, Scott Siefers, BAC's NII, Siefers, JPMorgan Chase, Cowen, John Blackledge, Blackledge, John Vinh, Fred Imbert Organizations: CNBC, Netflix, Nvidia, Wall, Tempus, Nasdaq, JPMorgan, Bank of America, Precision Oncology, Needham, American Express, Devon Energy, of America, Citigroup, Blackwell, Wolfe Research, UBS Locations: Devon, Williston, Netflix's, Monday's, 2H24, GB200

"We see softness in data — permits, starts, sales and prices all recently below expectations — potentially continuing in 2H," the analyst wrote. The bank initiated the health care tech stock with an overweight rating and a December 2025 price target of $24. "Waystar is a vertical, cloud-based software company focused on automating, digitizing, and enhancing revenue cycle management functions," wrote analyst Anne Samuel. Analyst Daniel Politzer reiterated his overweight rating on the casino and resort stock but lowered his price target to $58 from $60. The analyst wrote that he sees "the current valuation as an attractive entry point into what we view as one of the most durable companies in our coverage."

Persons: Piper Sandler, Mizuho, Piper Sandler downgrades CrowdStrike Piper Sandler, Rob Owens, Owens, CrowdStrike, Lisa Kailai Han, downgrades Goldman, Jim Mitchell, Goldman Sachs, Mitchell, Goldman, — Jesse Pound, Brandt Montour, Montour, VIK, — Hakyung Kim, Anthony Pettinari, Pettinari, — Lisa Kailai Han, Guggenheim, Tesla, Ronald Jewsikow, Keith Gill, Gill, he's, Kitty, Musk, Jewsikow, Waystar, Anne Samuel, Samuels, Jessica Reif Ehrlich, Ehrlich, Wells, Daniel Politzer, Politzer, GGR, WYNN est's, —, Mizuho Mizuho, James Lee, Lee, Fred Imbert Organizations: CNBC, Seaport, of America, downgrades Goldman Sachs Seaport Research, Bank of America, Barclays, Viking Holdings, American Baby Boomers, Citi, Federal, Securities and Exchange Commission, JPMorgan, Nasdaq, Spotify, Spotify Technology, Las Vegas, Vegas, Macau GGR, Intelligence, Amazon Locations: Amazon, SIEM, Lennar, 2H, Chewy, Europe, China, Las, Las Vegas Sands, Macau, Bay Sands, Singapore, Atlassian, Monday's

☆ Here are Tuesday's biggest analyst calls: Amazon, Nvidia, Tesla, Uber, Disney, PayPal, Spotify, Chevron, Netflix & more
▼ + stars: | 2024-07-02 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

"We initiate coverage of Waystar ( WAY) with a Buy rating and 12-month price target of $32." Bank of America reiterates Nvidia as buy Bank of America said Nvidia was the "most-owned" stock in semis among fund managers. Bank of America reiterates Disney as buy Bank of America said it's sticking with its buy rating on the stock. " Argus reiterates Netflix as buy Argus said it's sticking with its buy rating on the stock. "We are maintaining our BUY rating on Focus List selection Netflix I nc.

Persons: Mizuho, Goldman Sachs, Goldman, it's, Nvidia, NVDA, AVGO, Piper Sandler downgrades CrowdStrike, Piper, Raymond James, Piper Sandler, Jefferies, RAPP, Stifel, MAUs, Wells, Roth, WULF, VIK, Horton, Guggenheim, Tesla, Kitty Organizations: Mizuho, Amazon, " Bank of America, Nvidia, Bank of America, AMD, Comerica, UBS, TEAM, Rapport Therapeutics, Life360 Inc, Spotify, Hess Corp, IT Services, Barclays, Viking Holdings, Citi, Disney, DIS, NBA, Susquehanna, PayPal, of America, Deutsche Bank, Uber, Deutsche, Netflix, Argus Locations: CrowdStrike, Chevron

☆ Here are Friday's biggest analyst calls: Nvidia, Tesla, Hasbro, Sunrun, Amazon, Costco, Spotify, Pinterest, Apple & more
▼ + stars: | 2024-06-14 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Piper Sandler reiterates Pinterest as a top pick Piper said it's sticking with its overweight rating on the stock. JPMorgan reiterates Amazon as overweight JPMorgan said the e-commerce giant remains a top pick at the firm. The firm also says it's sticking with its outperform rating on Apple. "We are reiterating our Buy rating and raising our price target on shares of Costco from $890 to $940." Morgan Stanley reiterates Tesla as overweight Morgan Stanley said it's sticking with its overweight rating on Tesla .

Persons: Bernstein, it's, D.A, Davidson, KBW, Tesla, underperform Bernstein, Musk, Piper Sandler, Pinterest, Piper, Evercore, Morgan Stanley, Sunrun, Guggenheim, Macquarie, Roblox, TD Cowen, Cowen, Michael Colglazier, Morgan Stanley downgrades Twilio, JPMorgan, GenAI, Wolfe, Elon Organizations: Bank of America, Elon, Spotify, UBS, TPC, Galactic, America, JPMorgan, Adobe, " Bank of America, Hasbro, of America, Monopoly, Apple, Baidu, Apple Intelligence, Costco, Nvidia, Tesla Locations: China

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