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☆ The stock market's bull rally is 2 years old. Here's what tends to happen next.
▼ + stars: | 2024-10-12 | by ( Matthew Fox | ) www.businessinsider.com time to read: +5 min

With the bull market in stocks now two years old, investors are wondering how long the rally can last. AdvertisementThe stock market bottomed on October 12, 2022, marking two years since the start of the ongoing bull rally. A resilient job market, lower inflation, and continued corporate earnings growth helped push the stock market higher over the past two years. A common Wall Street expression is "rotation is the lifeblood of a bull market," and that appears to be playing out. Advertisement"Although many might think this bull market has gone too far and is getting old, that isn't the case at all.

Persons: —, Jay Woods, Woods, Ryan Detrick, Detrick, Baird, Ross Mayfield Baird, Ross Mayfield, Mayfield, Rob Haworth, Haworth Organizations: Service, Nasdaq, Dow Jones, Freedom Capital, Jay, Freedom Capital Markets, Carson, Carson Group, Business, Asset Management, Rob, Bank Asset Management, Federal Reserve

☆ Stock market next week: Earnings season ramps up with more big bank results
▼ + stars: | 2024-10-11 | by ( Sarah Min | Nicole Teo | ) www.cnbc.com time to read: +6 min

And, with earnings season set to ramp up, that could mean further gains. Already, on Friday, JPMorgan Chase and Wells Fargo were rallying in midday trading after reporting their latest results this week, an auspicious start to the earnings season. A strong earnings season Earnings results next week will be dominated by reports from the banking sector, giving investors further insight into the health of the capital markets as well as the consumer. Several regional banks are also set to announce how they did in the most recent quarter as well, such as PNC Financial Services Group and Citizens Financial Group. Even so, investors are optimistic about the outlook for corporate profits this earnings season, especially with expectations having come down.

Persons: what's, Oppenheimer, Wells Fargo, Charlie Ashley, Ashley, Goldman Sachs, Morgan Stanley, Ross Mayfield, Catalyst's Ashley, Baird's Mayfield, Mayfield, Charles Schwab, Huntington Bancshares Organizations: Dow Jones, Tech, Nvidia, JPMorgan Chase, Traders, Federal Reserve, Catalyst Funds, Nasdaq, Ashley . Bank of America, PNC Financial Services Group, Citizens Financial Group, Private Wealth Management, Treasury, Columbus, Columbus Day, Index, United Airlines, Hunt Transport Services, Citigroup, State, Goldman Sachs Group, Walgreens Boots Alliance, Johnson, Bank of America, PNC Financial Services, UnitedHealth, Price, PPG Industries, Steel Dynamics, Discover Financial Services, CSX, Abbott Laboratories, U.S . Bancorp, Financial Group, Philadelphia Fed, Retail, Manufacturing, Netflix, T Bank Corp, Elevance, Truist, Blackstone, Housing, Schlumberger, Procter, Gamble, Fifth Third Bancorp, Regions Financial, American Express Locations: Ashley, bullish, Prologis, NAHB

☆ Travis Kelce says his mom 'made it look easy' when it came to raising him and Jason Kelce
▼ + stars: | 2024-10-10 | by ( Cailey Griffin | ) www.businessinsider.com time to read: +3 min

Donna Kelce, mother to Travis and Jason Kelce, was named one of Glamour's 2024 Women of the Year. Travis Kelce said Donna made being a mom "look easy." AdvertisementKansas City Chiefs player Travis Kelce says his mom, Donna, "made it look easy" when it came to raising him and his brother Jason Kelce. You made it look easy. I made it easy," Travis said.

Persons: Donna Kelce, Travis, Jason Kelce, Jason Kelce's, Travis Kelce, Donna, —, Jason, Tina Knowles, Maggie Baird, Mandy Teefey, Selena Gomez's, Billie Eilish's, Kelce's, they're, Momma Organizations: Service, Kansas City Chiefs

☆ Billie Eilish is touring without her brother Finneas O’Connell for the first time
▼ + stars: | 2024-10-08 | by ( Alli Rosenbloom | ) edition.cnn.com time to read: +2 min

CNN —Billie Eilish has gone from teen phenom to bone fide adult, according to her brother, producer and collaborator Finneas O’Connell. O’Connell and Eilish’s parents, Maggie Baird and Patrick O’Connell, have also been fixtures at her previous tours, with Baird juggling everything from scheduling to making sure Eilish is fed and the elder O’Connell serving as a member of her stage crew. “I will get your tampons and cook you a burrito on a moment’s notice, even if I have to use an iron to do it,” Baird told Vogue in Tuesday’s piece. She’s also touring with her own live band for the first time and is bringing along some of her childhood friends. Hopefully, Eilish told Vogue, “it’s going to be the f***ing fun.”

Persons: Billie Eilish, Finneas O’Connell, won’t, –, Billie, ” O’Connell, O’Connell, ”, she’s, Maggie Baird, Patrick O’Connell, Baird, “, ” Baird, Eilish, Nat, Alex Wolff, She’s, “ it’s Organizations: CNN, Vogue

☆ Banks prefer a less aggressive Fed over the near term, says Baird's David George
▼ + stars: | 2024-10-07 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBanks prefer a less aggressive Fed over the near term, says Baird's David GeorgeDavid George, Baird senior research analyst of U.S. banks, joins CNBC's 'Squawk Box' to discuss bank earnings kicking off this week, what the group would like from the Fed going forward, and more.

Persons: Banks, Baird's David George David George, Baird

☆ Top Wall Street analysts favor these stocks for attractive long-term potential
▼ + stars: | 2024-10-06 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +6 min

Nonetheless, investors could benefit by ignoring short-term noise and tracking the recommendations of top Wall Street analysts to pick stocks with attractive long-term growth potential. (See CYBR Hedge Fund Activity on TipRanks)Uber TechnologiesWe move to the ride-sharing and food delivery platform Uber Technologies (UBER). After hosting meetings with the company's management, JPMorgan analyst Doug Anmuth reaffirmed a buy rating on UBER stock with a price target of $95. Uber expects its grocery ad business to account for 5% of gross bookings over time. (See UBER Stock Buybacks on TipRanks)Meta PlatformsThis week's third stock pick is social media company Meta Platforms (META).

Persons: Matthew Hedberg, Hedberg, TipRanks, Doug Anmuth, Anmuth, Uber, Baird, Colin Sebastian, Sebastian, Claude, OpenAI's ChatGPT Organizations: Wall, RBC Capital, TAM, JPMorgan, Mobility, Meta, Meta Connect, Reality Labs

☆ Here's how to invest in the Q3 earnings season as profits re-accelerate despite misplaced recession myths
▼ + stars: | 2024-10-06 | by ( James Faris | ) www.businessinsider.com time to read: +9 min

AdvertisementCorporate earnings are on pace for their best non-pandemic year since 2018, and market strategists expect the party to continue in the upcoming earnings season and into 2025. "There's not always a one-for-one relationship between economic growth and earnings growth," Reynolds said. "You can still see earnings growth at a pretty robust level, even if economic growth moderates to some extent. "That could be a little bit of a headwind for the market," Saglimbene said. That's a normal earnings growth kind of environment, and I think that's enough to continue to push the market higher."

Persons: —, Mike Reynolds, Anthony Saglimbene, He's, Saglimbene, Joe Quinlan — who's, Bank of America —, Quinlan, Reynolds, it's, Andrew Slimmon, Jim Baird, Plante, Michael Smith, Smith, There's, Slimmon, he's Organizations: Service, Business, Ameriprise, Merrill, Private Bank, Bank of America, Morgan Stanley Investment Management, Financial, Allspring Global Investments, Bears Locations: what's

☆ Donna Kelce says her favorite TV mom was Clair Huxtable: "That's who I want to be like"
▼ + stars: | 2024-10-04 | by ( Erin Liam | ) www.businessinsider.com time to read: +4 min

In an interview with Glamour, Donna Kelce said that being a mom was probably the "hardest thing" she's done. The mom of Travis and Jason Kelce was once a banking executive and the family's major breadwinner. She said she looks up to Clair Huxtable, the TV mom from "The Cosby Show." AdvertisementAlthough she's famously known as "Mama Kelce" to football stars Travis and Jason, Donna Kelce was once a banking executive and a major breadwinner in the family. Still, there's a TV mom that she looks up to: Clair Huxtable of "The Cosby Show."

Persons: Donna Kelce, Travis, Jason Kelce, Clair Huxtable, —, she's, Jason, Kelce, Tina Knowles, Maggie Baird, Mandy Teefey, they're, Travis weren't, Ed Kelce, Clair, Ellen Yin, isn't, Andrea Mac, Kelce didn't Organizations: Service, Pew Research Center, Census Bureau, BI

☆ Mayfield: The labor market is driving equities these days.
▼ + stars: | 2024-10-03 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMayfield: The labor market is driving equities these days. Ross Mayfield, Investment Strategy Analyst at Baird, discusses the labor market's influence on investments, suggesting that positive data could boost markets while weakness could harm them.

Persons: Ross Mayfield, Baird Organizations: Investment

☆ Stocks making the biggest moves midday: Tesla, Nike, Humana and more
▼ + stars: | 2024-10-02 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Tesla — Shares declined about 4% after the electric vehicle company fell short of third-quarter delivery estimates . Chinese stocks — Chinese stocks continued to rally on the back of sweeping stimulus measures in the country. Lamb Weston Holdings — Shares of the french fry giant rose more than 2% after its fiscal first quarter topped estimates. Analysts surveyed by LSEG expected 72 cents per share in earnings and $1.56 billion in revenue. The company posted revenue of $2.79 billion, versus a FactSet estimate of $2.84 billion.

Persons: Humana, That's, JD.com, Davidson, Lamb, Lamb Weston, LSEG, CNBC's Lisa Han, Yun Li, Jesse Pound, Michelle Fox, Sean Conlon Organizations: Nike, Exchange, KraneShares CSI China Internet, Baird, Lamb Weston Holdings —, Barclays, Endeavor Energy Resources, Conagra

It also raised its price target to $210 from $187, suggesting shares could rise more than 17% from Tuesday's close. He maintained his $2,400 price target, which implies 16.2% upside potential from Tuesday's close. Bank of America's Lorraine Hutchinson reiterated her buy rating while trimming her price target to $100 from $104. Deutsche Bank analyst Krisztina Katai also maintained her buy rating and inched down her price target by $3 to $92. He also lowered his price target on shares to $40 from $42, implying upside of just 5.2% over the next 12 months.

Persons: Baird, Davidson, Raymond James, Pavel Molchanov, Molchanov, — Hakyung Kim, FANG, Betty Jiang, Jiang, Diamondback, John Pancari, Pancari, Marcelo Santos, Santos, LatAm, Santo, Elliott Hill, Bank of America's Lorraine Hutchinson, Hutchinson, Krisztina Katai, Katai, Matthew Boss, Boss, Baird downgrades Harley, Craig Kennison, Harley, Kennison, Fred Imbert Organizations: CNBC, GE, General Electric, Barclays, Diamondback, Diamondback Energy, Endeavor, Endeavor Energy Resources, Management, T, T Bank, Federal Reserve, ISI, EA, JPMorgan downgrades, JPMorgan, MercadoLibre, Nike, Bank of, Deutsche Bank, Harley Locations: Tuesday's, Bank of America's, Hill

☆ Here are Wednesday's biggest analyst calls: Nvidia, Apple, Tesla, Nike, Meta, Alphabet, Rio Tinto & more
▼ + stars: | 2024-10-02 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

JPMorgan upgrades Parr Pacific to overweight from neutral JPMorgan said the gas exploration and production company has overcorrected. JPMorgan downgrades MercadoLibre to neutral from overweight JPMorgan downgraded the online Latin American marketplace mainly due to valuation. Wells Fargo reiterates Meta as overweight Wells Fargo raised its price target on Meta to $652 per share from $647. JPMorgan upgrades SAIC to overweight from neutral The firm says it sees "profitable growth" for the IT company. Berenberg upgrades Rio Tinto to buy from hold Berenberg says the metals and mining company is a "medium-term diversified winner."

Persons: Roth, DA Davidson, Davidson, PARR, Wolfe, Raymond James downgrades, Raymond James, Guggenheim, Mizuho, it's bullish, tailwinds, Wells, Wells Fargo, Canaccord, Tesla, Berenberg, Baird downgrades Harley, Baird, Harley, Gordon, FANG, Bernstein Organizations: Iren Energy, Industries, JPMorgan, Parr, Northland, TAM, Raymond James downgrades GE, GE, Deutsche Bank, Nike, Absci Corporation, Mizuho, Kodiak, Kodiak Gas Services, Meta, SAIC, IT, Tesla, Mobile, T Bank, Buffalo, Rio Tinto, BHP, Home Depot, Barclays, Diamondback Energy, Nvidia, Apple Locations: OW, Asia, Vegas, Northland, Salesforce, Rio, American

☆ Stocks making the biggest moves premarket: Humana, Nike, JD.com and more
▼ + stars: | 2024-10-02 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

Humana – Shares plunged more than 22% after the healthcare company announced dire preliminary Medicare Advantage data for 2025. China stocks – Shares of Chinese companies continued to gain amid the broader stimulus rally . Diamondback Energy – The oil stock rose 3% following an upgrade to overweight from equal weight at Barclays. Energy stocks – Shares of energy companies rose following Iran's missile attack on Israel . APA Corp and Marathon Oil both rose more than 2%, and Occidental Petroleum rose more than 1%.

Persons: PDD, Alibaba, Lamb Weston –, Lamb, Betty Jiang, Diamondback, Dan Arnold, Rich Steinmeier, Davidson, —, Lisa Kailai Han, Jesse Pound, Sarah Min, Michelle Fox Theobald Organizations: Nike –, Nike, Li Auto, Baidu, Diamondback Energy, Barclays, Endeavor Energy Resources, LPL, LPL Financial, Baird, Energy, APA Corp, Marathon Oil, Occidental Petroleum Locations: China, Israel

☆ October is already living up to its volatile reputation
▼ + stars: | 2024-10-02 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

The S & P 500 fell nearly 1% to kick off the new month of trading. The Nasdaq Composite shed more than 1.5%, and the Dow Jones Industrial Average lost 0.4%, or 173 points. The Cboe Volatility Index , Wall Street's preferred fear gauge, swelled abpve 20 — its highest level since Sept. 11. I am bracing for added volatility and the market to over-trade daily headlines and themes," he said in a note to clients Wednesday. CNBC Pro found that the S & P 500 averages a daily move of 1.3% in either direction in October, based on FactSet data going back to 1950.

Persons: Street's, Scott Rubner, Goldman Sachs, Baird, Harley, Davidson Organizations: Nasdaq, Dow Jones Industrial, West Texas, CNBC Pro Locations: Iran, Israel, Lebanon, Milwaukee

☆ 10 things to watch in the stock market Wednesday, including automaker downgrades
▼ + stars: | 2024-09-25 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Top 10 things to watch Wednesday, Sept. 25 — Today's newsletter was written by the Investing Club's director of portfolio analysis, Jeff Marks. 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: Jeff Marks, Morgan Stanley's, Adam Jonas, Jonas, Tyson Food, Piper Sander, KeyBanc, they've, Wells, Baker Hughes, Halliburton, SLB, Baird, Gabrielle Fonrouge, Expedia, Cowen, Oppenheimer, Jim Cramer's, Jim Cramer, Jim Organizations: Club, Nvidia, Micron, U.S, Ford, General Motors, Hewlett Packard Enterprise, Barclays, Juniper Networks, Micro, Dell Technologies, Union Pacific, Department, Google, Jim's, Jim Cramer's Charitable, CNBC Locations: U.S, China

☆ Here are Wednesday's biggest analyst calls: Apple, Tesla, Disney, Ford, General Motors, Duolingo, Roblox, Alphabet & more
▼ + stars: | 2024-09-25 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Wells Fargo upgrades Baker Hughes to overweight from equal weight Wells says it likes the oil service company's business model. Morgan Stanley upgrades AutoNation to overweight from equal weight Morgan Stanley says AutoNation is well positioned in a bumpy macroeconomic environment. Morgan Stanley reiterates Apple as overweight Morgan Stanley says it's remaining cautious after checks of iPhone 16 demand for Apple. Morgan Stanley downgrades Ford to equal weight from overweight and General Motors to underweight from equal weight Morgan Stanley downgraded several automakers on Wednesday and said it's concerned about market share losses. Morgan Stanley reiterates Nike as equal weight Morgan Stanley raised its price target on Nike to $82 per share from $79 ahead of earnings on October 1.

Persons: Wolfe, Sallie Mae, it's bullish, Wells, Baker Hughes, Piper Sandler, Tesla, Piper, Morgan Stanley, AutoNation, Mike Manley, Duolingo, MARA, CORZ, Piper Sandler downgrades Tyson, it's, Oppenheimer, GOOG's, Baird, Locker Baird, Apple, TD Cowen downgrades Expedia, Cowen, Goldman Sachs, Goldman, Morgan Stanley downgrades Ford, Roblox Organizations: APO, Bank of America, Macquarie, Tyson Foods, Barclays, Hewlett Packard Enterprise, DOJ, Google, Foot, Apple, ISI downgrades, Pacific, Evercore, UNP, Disney, JPMorgan, Oil & Gas, Petrobras, Motors, GM, Citi, Investors, Nike Locations: CLSK, Foot Locker, Mexico, China, Fortnite

☆ Salesforce may finally have found its AI footing. What it means beyond the initial hype
▼ + stars: | 2024-09-25 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +8 min

Bowing to investor pressure, Salesforce has adopted a more disciplined approach to dealmaking, increasing the importance of internal product development. "Agentforce is the product announcement [Salesforce] investors have sought for years," Needham analysts wrote in a recent note to clients. Salesforce stock remains down about 13% from its 2024 peak close and record high of $316.88 a share on March 1. CRM 1Y mountain Salesforce's stock over the past 12 months. Analysts said Salesforce is cheap compared to peers on multiple valuation metrics with ample room to increase free cash flow ahead.

Persons: Salesforce, Jim Cramer, Agentforce, Mulesoft, Needham, Einstein, —, Jim, Bofa, Baird, Piper Sandler, Piper, Jim Cramer's, Marc Benioff, Salesforce's Dreamforce, Justin Sullivan Organizations: Wall Street, Nasdaq, Barclays, Saks, Investors, Bank of America, CNBC, Getty Locations: Dreamforce, San Francisco, San Francisco , California

☆ Tesla move higher about deliveries shaping up nicely and upcoming robotaxi event, says Baird's Kallo
▼ + stars: | 2024-09-24 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTesla move higher about deliveries shaping up nicely and upcoming robotaxi event, says Baird's KalloBen Kallo, Baird senior research analyst, joins 'Squawk on the Street' to discuss what Kallo attributes the recent rise in Tesla's share price to, what Baird is modeling for Tesla, and more.

Persons: Tesla, Baird's Kallo Ben Kallo, Baird Organizations: Tesla

☆ Here are Tuesday's biggest analyst calls: Nvidia, Apple, Walmart, Salesforce, Starbucks, Amazon & more
▼ + stars: | 2024-09-24 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Here are Tuesday's biggest calls on Wall Street: Piper Sandler initiates Colgate-Palmolive and Church & Dwight as overweight Piper said both consumer products company offer an attractive risk/reward. Piper Sandler upgrades Salesforce to overweight from neutral Piper said it sees an attractive risk/reward for the stock. Bernstein reiterates Amazon as outperform Bernstein said advertising is "key to the bull case once again" for Amazon. Wedbush upgrades Comerica to outperform from neutral The firm added the regional bank to its best ideas list. " CFRA reiterates Nvidia as buy The firm says it sees Nvidia with "sustained compute demand" over the coming years.

Persons: Piper Sandler, Dwight, Piper, Baird, Jefferies, it's bullish, Raymond James reinstates Uber, Raymond James, Goldman Sachs, Goldman, KeyBanc, Morgan Stanley, immuno, Oppenheimer, Lowe's, Redburn, it's, Truist, Baird downgrades McKesson, Needham, Apple, Pinterest, Leerink, Guggenheim, Tesla, TSLA, Bernstein, CFRA Organizations: Colgate, Palmolive, Church, Jefferies, Starbucks, Avidity Biosciences, BP, Exxon, Costco, Walmart, Apple, GE Vernova, UBS, Citi, Mastercard, Visa, U.S, DOJ, Comerica, CMA, Nvidia

☆ Top Wall Street analysts find these stocks promising for the long haul
▼ + stars: | 2024-09-22 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +6 min

Investors seeking stocks that can withstand short-term pressures and deliver over the long term should track the recommendations of top Wall Street analysts. Bearing that in mind, here are three stocks favored by the Street's top pros, according to TipRanks, a platform that ranks analysts based on their past performance. Recently, Baird analyst Colin Sebastian reiterated a buy rating on Take-Two Interactive stock with a price target of $172. He anticipates the mobile business will contribute around $3.1 billion, and catalog/live services will generate $2.5 billion in the full year. Benedict noted that the August comparable sales growth was sequentially steady compared to the 7.2% increase in July, as stronger traffic was offset by some moderation in average traffic growth.

Persons: Baird, Colin Sebastian, Max Payne, Sebastian, TipRanks, Peter Benedict, bullish, Costco's, Benedict, Doug Anmuth, Anmuth Organizations: Netflix, Wall Street, Costco Wholesale, Costco, JPMorgan Locations: Flora, TipRanks

☆ Hellboy is one of Hollywood's most beloved characters. So why does hardly anyone know a new movie exists?
▼ + stars: | 2024-09-18 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +8 min

Read previewA new "Hellboy" movie is coming to theaters — but most people have no idea. "Hellboy: The Crooked Man" takes the hero back to the roots of Mignola's horror-tinged comics. Perhaps most surprisingly, "Hellboy: The Crooked Man" is not as disastrous as the marketing might suggest. Some believe Millennium Media made "The Crooked Man" on a small budget with the sole intention of keeping the rights to Hellboy. The director of 'Hellboy: The Crooked Man' said he knew the movie would face 'challenges'Jack Kesy as Hellboy and Adeline Rudolph as Bobbie Jo Song.

Persons: —, Guillermo del Toro's, Mike Mignola's, del Toro, Ron Perlman, Perlman, Hellboy, David Harbour, Brian Taylor —, Jack Kesy, Martin Bassindale, It's, Adeline Rudolph, Bobbie Jo Song, Yana Blajeva, Ethan Baird, Baird, Brian Taylor, Rob Mitchell, Mitchell, you've, Taylor, I've Organizations: Service, Business, Millennium Media, Marvel, YouTube, Millennium, Gower, Analytics, Revolution Studios, Universal Pictures, Millenium Media, Entertainment, iTunes Locations: Bulgaria, Portugal, Spain, American

☆ Here are Tuesday's biggest analyst calls: Nvidia, Palantir, Amazon, Shopify, Walmart, Microsoft, Palantir, Tesla & more
▼ + stars: | 2024-09-17 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Bank of America reiterates Amazon as buy Bank of America said it's sticking with its buy rating on Amazon following CEO Andy Jassy's letter to employees on Monday. Bank of America adds Palantir to the US1 list Bank of America added the stock to its top picks list. Bank of America reinstates Carvana as buy Bank of America resumed coverage of Carvana and upgraded it to buy saying it sees accelerating growth. Bank of America upgrades Hewlett Packard Enterprise to buy from neutral Bank of America said shares of the company are "attractive." Bank of America upgrades GE Vernova to buy from neutral Bank of America said it sees a "power surge" for the stock.

Persons: Oppenheimer, Andy Jassy's, Andy Jassy, Bernstein, Tesla, underperform Bernstein, Redburn, LSCC, Ford Tamer, Mizuho, DELL, Morgan Stanley, Virgin, Jefferies, it's bullish, JEF, ARMK, Baird, BTIG, " Jefferies, SolarEdge Organizations: Nvidia, " Bank of America, Bank of America, Semiconductor, Stifel, Board, Dell, JPMorgan, ViaSat, United Airlines, Viasat, IFC, Virgin Galactic, Virgin, Citi, UBS, APP, RBC, Baird Conference, Burger, Walmart, Technologies, Healthcare, Barclays, D, WEC, Hewlett Packard Enterprise, of America, Hewlett, Packard Enterprise, GE, Gas Power Services Locations: Europe

☆ Colorado man on river trip to Grand Canyon found dead in 7th death since July
▼ + stars: | 2024-09-09 | by ( Tim Stelloh | Tim Stelloh Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +2 min

A Colorado man on a river trip to the Grand Canyon was found dead over the weekend, officials said Monday, in what appears to be the seventh death at the park since July 31. Patrick Horton, 59, was on day 10 of a noncommercial trip along the Colorado River when others in his party found his body Saturday morning near the river, the park said in a news release. The Grand Canyon recorded an average of 17 deaths per year from 2014 to 2023, a park spokeswoman has said. Since 2019, 2 million to 5 million people have visited the Grand Canyon each year, park data shows. Park data that looked at mortality reports from 2014 to 2019 shows that "photographing" was the most lethal recreational activity at the Grand Canyon.

Persons: Patrick Horton, Joëlle Baird Organizations: Rangers, NBC Locations: Colorado, North Carolina, New Mexico, Washington

☆ Why Nvidia and Its Stock Have Developed a Cult-Like Following
▼ + stars: | 2024-09-09 | by ( Emily Stewart | ) www.businessinsider.com time to read: +13 min

I probably do not have to tell you that Nvidia has really blown up over the past few years. "If people were going to be going crazy about a stock, wouldn't it be this one?" Jack, a moderator of a subreddit dedicated to Nvidia's stock, finds some of the memes around Nvidia irksome. He said ChatGPT's capabilities reinforced his belief in his thesis around Nvidia and AI. I'm not a Nvidia true believer, but I'm apparently Nvidia curious.

Persons: Jensen Huang, Angelo Zino, Jim Cramer, Josh Brown, fanboys, Kamala Harris, I'm, Dan Ives, Huang, Daniel Williams, Williams, David, Goliath, Christopher Schwarz, that's, Axios, Felix Salmon, he's, Jack can't, It's, Berkshire Hathaway, Warren Buffett, Buffett, There's, Schwarz, Brown, Ted Mortonson, Baird, They've, cooly, they're, Mortonson, Ives, Elvis, Zack Morris, Taylor Swift, Chappell Roan, Emily Stewart Organizations: Nvidia, Wall Street, Woodstock, CFRA Research, CNBC, Ritholtz Wealth Management, Elon, NFL, Democratic, People, Wedbush Securities, Lebron, Davids, University of California, Paul Merage School of Business, Nvidia irksome, GameStop, GameStop —, Cisco, Department, Justice, ChatGPT, Business Locations: New York City, New York, Jack, Maine, Omaha , Nebraska, —

☆ These Americans are trying to make ‘underconsumption core’ trendy
▼ + stars: | 2024-09-07 | by ( Krystal Hur | ) edition.cnn.com time to read: +8 min

Enter underconsumption core, or a lifestyle that involves using just a small rotation of things for years rather than chasing the latest trend. Users are posting videos on TikTok showing off their underconsumption core lifestyles, with many receiving hundreds of thousands of likes. Experts say the underconsumption core trend isn’t just about maintaining a budget or wanting to get rid of stuff. Still, Americans are spendingDespite the underconsumption core trend’s popularity, spending in the US remains strong overall. Suzanne Lambert, a 32-year old consultant based in Virginia, says she canceled her subscription to a beauty box after watching underconsumption core videos.

Persons: “, ”, Megan Doherty Bea, Bea, Stanley, Diana Wiebe, Wiebe, ’ ”, Nikki Baird, Katrina Leibee, Leibee, ♬, Norah Jones Eleanor, Eleanor, June’s, Suzanne Lambert, Lambert, Scott Rick, Rick Organizations: New, New York CNN, University of Wisconsin - Madison, Savings, Kohl’s, ‘, Denver, CNN, Commerce Department, University of Michigan’s Ross School of Business Locations: New York, United States, Ohio, Utah, West Africa, Arlington , Virginia, Virginia

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