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☆ 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

☆ New Realtor Rules Will End Casual House Hunting, Change Homebuying
▼ + stars: | 2024-08-19 | by ( James Rodriguez | ) www.businessinsider.com time to read: +13 min

They'll hand 5%, or $25,000, to their agent, who then gives half, or $12,500, to the buyer's agent. They also feared that buyers' agents might "steer" clients away from homes that dared to offer less than the going rate. But in order to keep using the MLS, buyers' agents will have to abide by another rule that will further upend the old way of doing things. In the old days, a seller might have unthinkingly offered a commission of 2% or even 3% to the buyer's agent. The idea that sellers pay both agents' commissions has always been a clever sleight of hand.

Persons: they'll, didn't, Laura Ellis, they'd, Sellers, Tanya Monestier, Monestier, Ellis Organizations: Realtors, Baird & Warner, MLS, National Association of Realtors, NAR, Consumer Federation of America, California Association of Realtors, CFA, University at Buffalo Locations: Chicago, America, California

Several analysts raised their ratings and price targets on Starbucks a day after news that Chipotle CEO would take over at the coffee chain. Starbucks shares rallied on the news, while Chipotle shares fell. He also lowered his price target on shares to $685 from $750, which implies just 6% upside from Monday's close. Chipotle shares pulled back of 7% comes as decelerating trends and a sector rotation already impacted Chipotle's multiple. Since Niccol took the position of CEO in 2018, Chipotle shares surged more than 770%.

Persons: Bernstein, Fatima Boolani, Boolani, — Hakyung Kim, Eli Lilly Eli Lilly's, Berenberg, Lilly, Kerry Holford, " Holford, Morgan Stanley, Keith Weiss, Weiss, Hakyung Kim, Brian Niccol's, Danilo Gargiulo, Gargiulo, Niccol, Chipotle, Laxman Narasimhan, Brian Niccol, Baird, David Tarantino, Fred Imbert Organizations: CNBC, Citi, Palo Alto, Palo Alto Networks, pharma, Intuit, Starbucks, Deutsche Bank, SBUX Locations: Tuesday's

☆ Here are Wednesday's biggest analyst calls: Nvidia, Tesla, Starbucks, Chipotle, Eli Lilly, Target, TJX Companies, Coinbase and more
▼ + stars: | 2024-08-14 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Stifel upgrades Starbucks to buy from hold Stifel upgraded the coffee chain following the management shakeup that included a new CEO. Jefferies upgrades Sportradar to buy from hold Jefferies upgraded the Swiss global sports tech company, saying it's becoming "increasingly attractive." Morgan Stanley reiterates Target as overweight Morgan Stanley said it's sticking with its overweight rating heading into Target 's earnings next week. Berenberg reiterates Eli Lilly as buy Berenberg raised its price target on the drugmaker to $1,050 per share from $1,000. TD Cowen upgrades Ilumina to buy from hold TD Cowen sees revenue growth ahead for the biotech company.

Persons: Wolfe, PulteGroup, rais, Brian Niccol, Baird, Tesla, it's bullish, Goldman Sachs, Goldman, Elliott, Wells, Equitrans, ETRN, Jefferies, it's, SRAD, Bernstein, Chipotle, Morgan Stanley, Berenberg, Eli Lilly, Lilly, circumspection, Ross, BURL, ROST, Oppenheimer, TD Cowen, mgmt Organizations: Stifel, RBC, Johnson, underperform RBC, Elliott Management, Barclays, Nvidia, JPMorgan downgrades Emerson, JPMorgan, Deutsche Bank, Deutsche, Ball Corp, Ball Corporation, Montrose Environmental, Stock, Intuit, Citi, Palo Alto, Bank of America, TJX Companies, Argus Locations: Florida, Underperform, Swiss, Montrose, QuickBooks, Burlington, Coinbase, China, Hershey

☆ What needs to happen to keep the market comeback going — plus, our new Starbucks price target
▼ + stars: | 2024-08-13 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

New PT for Starbucks: The standout in the market Tuesday is Starbucks , which is up 22%. The announcement is also winning over Wall Street, with three firms already upgrading their rating on Starbucks' stock to a buy or buy-equivalent. 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, Stocks, Laxman Narasimhan, Brian Niccol, Baird, Piper Sandler, " Cowen, Brinker, Jim Cramer's, Jim Organizations: CNBC, New, Starbucks, Wall, Bar, Brinker International, Cardinal Health, Jim Cramer's Charitable

☆ Why Wall Street thinks Brian Niccol is the person to revive Starbucks — and end the Howard Schultz era
▼ + stars: | 2024-08-13 | by ( Amelia Lucas | ) www.cnbc.com time to read: +4 min

In this article SBUXCMG Follow your favorite stocks CREATE FREE ACCOUNTBrian Niccol, CEO of Chipotle Anjali Sundaram | CNBCWall Street believes Brian Niccol is the right choice to turn around Starbucks — and move the chain past the decadeslong Howard Schultz era. Starbucks tapped Niccol as its latest chief executive and chair on Tuesday. Niccol replaces Laxman Narasimhan, who took over the top job in March 2023 after being handpicked by former CEO Schultz. Other analysts wrote glowingly of Niccol, seeing him as the right person to tackle Starbucks' sluggish sales. Some analysts believe that having Niccol, an experienced restaurant CEO, in the driver's seat could mean that Schultz finally moves on.

Persons: Brian Niccol, Chipotle Anjali Sundaram, Howard Schultz, Niccol, Laxman Narasimhan, Schultz, TD Cowen, Andrew Charles, Piper Sandler, Baird, Oppenheimer, Brian Bittner, Brian, David Palmer, Morgan Stanley, Brian Harbour, Mellody Hobson, Niccol's, Hobson, Gordon, Don Bilson, Chipotle, Steve Ells, Bernstein, Danilo Gargiulo Organizations: CNBC, Starbucks, SBUX, Newport Locations: Denver, Newport Beach

☆ Starbucks upgraded already by Wall Street firm as it makes stunning CEO change
▼ + stars: | 2024-08-13 | by ( John Melloy | ) www.cnbc.com time to read: +1 min

Wall Street wasted no time getting behind Starbucks shares after the No. 1 U.S. coffee restaurant named Chipotle CEO Brian Niccol as CEO , dumping Laxman Narasimhan. Baird upgraded Starbucks to outperform from neutral shortly after the news and before trading even began on Wall Street officially. Starbucks shares have struggled for the last three years after an initial demand boom following the pandemic. SBUX 5Y mountain Starbucks, 5 years Baird set a new price target of $110 on Starbucks, which represents a 40%-plus pop from Monday's close.

Persons: Brian Niccol, Laxman Narasimhan, Baird, David Tarantino, Narasimhan, Niccol, Taco Bell Organizations: Wall, Starbucks, Taco Bell, Yum Brands, Taco, Procter, Gamble

☆ Wednesday's big CPI inflation report could mark a change in thinking for the Fed
▼ + stars: | 2024-08-13 | by ( Jeff Cox | ) www.cnbc.com time to read: +5 min

watch nowThe PPI report, seen as a gauge of wholesale inflation, showed prices up just 0.2% in July and about 2.2% from a year ago. Still, investors are looking for the Fed at its September meeting to start cutting interest rates, considering that inflation is weakening and so is the labor market. Another benign inflation report "makes the Fed completely comfortable that they can shift their focus away from inflation and toward labor," said Tom Porcelli, chief U.S. economist at PGIM Fixed Income. There are cracks forming in the labor market backdrop." "I'm as curious about [Wednesday's] inflation report as anyone else, but I think it would take a real outlier to change the Fed's tune from 1) shifting to labor as its focus, and 2) seriously thinking about cutting in September," Porcelli said.

Persons: Jim Baird, Plante, Baird, Dow Jones, there's, Tom Porcelli, Porcelli Organizations: Walmart, Labor Department, Federal Reserve, Financial Advisors, PPI, Fed, Traders

☆ There's a hidden risk lurking for AI stocks in 2025
▼ + stars: | 2024-08-11 | by ( Matthew Fox | ) www.businessinsider.com time to read: +6 min

Depreciation costs could lead to AI stock price declines and valuation scrutiny, according to Baird's Ted Mortonson. AdvertisementThe lurking problem is that the useful lifetime of AI GPU chips can be a lot shorter than many expect, especially as AI chips go through an ever-accelerating innovation cycle, leading to higher-than-expected depreciation expenses that ultimately drag down profits. For example, the bank expects Alphabet to record $28 billion in depreciation costs in 2026, which is 24% more than current consensus estimates of $22.6 billion. AdvertisementBut even that has its limits because of how quickly Nvidia is releasing new GPU chips. And for Mortonson, it all comes back to the return on invested AI capital.

Persons: Ted Mortonson, —, doesn't, outlays, Ross Sandler, Baird, Morton, Sandler, Mortonson, there's Organizations: Barclays, Service, Companies, Nvidia, Business

☆ Here are Thursday's biggest analyst calls: Meta, Tesla, Reddit, Amazon, Wingstop, Arm, Dollar General, Carvana, Qualcomm, SoFi & more
▼ + stars: | 2024-08-01 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Bank of America reiterates Arm as buy Bank of America said it's sticking with the stock following earnings on Wednesday. Robinson to overweight from neutral JPMorgan upgraded the shipping company following its earnings. Barclays reiterates Meta as overweight Barclays says it's sticking with the Instagram parent following earnings on Wednesday. " Bernstein reiterates Qualcomm as outperform Bernstein says it's sticking with Qualcomm following earnings on Wednesday. Citi reiterates SoFi as buy Citi said it's getting more bullish on the stock following a series of investor meetings.

Persons: Goldman Sachs, Goldman, Morgan Stanley, Zeta, Oppenheimer, Etsy, Baird, Wolfe, Bill.com, Robinson, Raymond James, RDDT, Wells, David Lantz, Zack Fadem, Bernstein, Leerink, Cantor Fitzgerald, Tesla, Cantor, it's bullish, Morgan Stanley downgrades Voya, SoFi, it's Organizations: Mizuho, Bank of America, ARM, Zeta Global, Zeta, JPMorgan, GE, NFL, NBA, MLB, Nascar, Barclays, Meta, Qualcomm, SOX, Elon Musk's, Citi Locations: OW, 2H24, China, bullish

☆ Apple reports results after the bell. Here's what Wall Street is watching
▼ + stars: | 2024-08-01 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

iPhone sales are expected to reach $38.64 billion and decline more than 2% year over year as the company grapples with a stretch of stagnant growth. Long also echoed concerns the new iPhone won't be enough to fuel a "meaningful" upgrade cycle to support the premium. AI-fueled upgrade cycle Apple's September quarter is expected to include about a week of new iPhone sales. Wall Street will also keep a close watch on China sales following an 8% decline during the second quarter. "While Greater China sales remain sluggish, mainland China iPhone sales have been stronger than expected and we are encouraged by iPhone demand picking up in emerging markets," said Raymond James analyst Srini Pajjuri.

Persons: ISI's Amit Daryanani, Tim Long, Long, iPhones bottoming, Evercore, bode, Bernstein's Toni Sacconaghi, tailwinds, JPMorgan's Samik Chatterjee, Baird's William Power, Raymond James, Srini Pajjuri Organizations: Apple Intelligence, Barclays, Apple, Verizon, Huawei Locations: China

☆ Meta shares pop 6% on earnings beat, rosy revenue forecast
▼ + stars: | 2024-08-01 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +3 min

Meta shares jumped 6% on Thursday after the company reported second-quarter earnings that beat Wall Street's expectations and offered a rosy revenue forecast. Revenue in the period increased 22% to $39.07 billion from $32 billion a year earlier, Meta said late Wednesday. The analysts note that Meta's capital expenditures are increasing because of AI infrastructure spend, but it is driving "tangible business results." There are also newer generative AI products that have the potential to open revenue opportunities over multiple years, they said. Barclays analysts wrote in a note Wednesday that Meta is executing at "arguably the best pace of any company in digital advertising."

Persons: Meta, Mark Zuckerberg, Susan Li, Zuckerberg, Baird, capex, — CNBC's Michael Bloom, Jonathan Vanian Organizations: Meta, Bank of America, Barclays

☆ 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

☆ AI spending is in the crosshairs in a 'make-or-break' week that determines where Big Tech heads next
▼ + stars: | 2024-07-30 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

The Roundhill Magnificent Seven ETF (MAGS) currently sits 11% off its highs. MAGS YTD mountain Magnificent Seven ETF performance This backdrop sets the tone for a "make or break week" coinciding with the Federal Reserve's July rate decision Wednesday, according to Wolfe Research's Chris Senyek. Now, more than 18 months after the launch of groundbreaking ChatGPT, Wall Street wants results. Some Wall Street analysts believe strong quarterly results may not be enough to reverse the pullback in tech shares. "My gut is that the tech earnings are going to come in better than people expect."

Persons: Morgan, Roundhill, Wolfe, Chris Senyek, Jay Woods, Sundar Pichai, Deutsche Bank's David Folkerts, Baird's Ted Mortonson, Senyek, Rowe Price, Dominic Rizzo, CNBC's Organizations: Nasdaq, Federal, Microsoft, Meta, Apple, Freedom Capital, Deutsche, Tech, Fed, Trump

☆ 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

☆ How a second Trump administration might risk the investment case for green energy
▼ + stars: | 2024-07-27 | by ( Hakyung Kim | ) www.cnbc.com time to read: +9 min

For years, China ramped up green energy production capacity, becoming the global leader in renewable energy manufacturing, from solar to wind to battery. In a second Trump administration, prices for imports from China are likely to surge for green energy producers. The view is that First Solar will benefit the most within the U.S. solar sector from greater trade restrictions, according to Baird. Ultimately, that may curtail the number of green energy startups and private companies that want to go public, Schleif said. "It's been really hard to compete with Chinese companies in any way, shape or form."

Persons: Donald Trump, Trump, Biden, Baird, Ben Kallo, Green, Carol Schleif, Schleif, Joe Biden, Andy Poreda, Tobin Marcus, Wolfe, TAN, Morgan Stanley, Elon Musk's, Advisory's Poreda, Poreda, It's Organizations: P, BMO Family Office, Biden White, Sage Advisory, Republican, Senate, White, Wolfe Research, Republican National Convention, Biden, JPMorgan, Materials Corp Locations: China, U.S, North America, Albemarle

☆ Here are Friday's biggest analyst calls: Nvidia, Apple, Tesla, Skechers, Meta, Southwest, Amazon, Sweetgreen, & more
▼ + stars: | 2024-07-26 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Morgan Stanley reiterates Tesla as overweight Morgan Stanley said it's sticking with its overweight rating on Tesla " Tesla AI Infrastructure 'base' is by far the fastest rising part of its asset base." Morgan Stanley downgrades WW International to equal weight from overweight Morgan Stanley downgraded the company formerly known as Weight Watchers due to concerns about free-cash flow. Morgan Stanley initiates CervoMed as overweight Morgan Stanley said it's bullish on shares of the biotech company. " Morgan Stanley downgrades STMicroelectronics to equal weight from overweight Morgan Stanley downgraded the stock following earnings. Morgan Stanley reiterates Meta as overweight Morgan Stanley said buy the dip in shares of Meta.

Persons: Redburn, Lockheed Martin, Raymond James, Apple, it's, Morgan Stanley, Tesla, Piper Sandler, Alexander, Baldwin, Piper, ALEX, TD Cowen, Morgan Stanley downgrades STMicroelectronics, Baird, Meta, Guggenheim, Oppenheimer, Sweetgreen, Stifel, Jefferies, Rosenblatt Organizations: Deutsche Bank, Airlines, Deutsche, Lockheed, Apple, Citi, Amazon, AMC, International, Dianthus Therapeutics, Meta, " Bank of America, underperform Bank of America, Barclays, Microsoft, Aviation, Security, Nvidia, Qualcomm, Pharmaceuticals Locations: NYC, Brunswick

☆ An ugly earnings report from a competitor is good news for Abbott Labs
▼ + stars: | 2024-07-26 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. In the wreckage of Dexcom 's second-quarter earnings report, there's good news for Club holding Abbott Laboratories . 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, Stocks, Stanley Black, Decker, Abbott, Dexcom, salesforce, Jim Cramer's, ABT, DOV, Jim Organizations: CNBC, Dow Jones, Nasdaq, Federal, U.S, Club, Abbott Laboratories, Dover, Mizuho Securities Locations: Dover

☆ Here are Thursday's biggest analyst calls: Apple, Dell, Super Micro, ServiceNow, Ford, CrowdStrike
▼ + stars: | 2024-07-25 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Thursday's biggest calls on Wall Street: Bank of America reiterates IBM as buy Bank of America said the "portfolio is delivering" despite the company's mixed earnings report on Wednesday. Morgan Stanley reiterates Ford as overweight Morgan Stanley said it's sticking with Ford as a top pick following earnings on Wednesday. Bank of America reiterates CrowdStrike as buy Bank of America lowered its price target to $365 per share from $400 but said it's sticking with the stock. Barclays reiterates Super Micro Computer as overweight Barclays said it's sticking with its overweight rating heading into earnings in early August. " Bank of America reiterates Birkenstock as buy Bank of America said the stock "warrants a higher multiple."

Persons: Mizuho, ServiceNow, Morgan Stanley, Ford, KeyBanc, Baird, AAPL, Price, LULU, Goldman Sachs, Dell, Goldman, Roper, CBRE, it's, CrowdStrike, Susquehanna, Bank of America downgrades Lamb Weston, Lamb Weston, Chipotle, Piper Sandler, Marvell, Piper, Birkenstock Organizations: Bank of America, IBM, Infrastructure, Consulting, Mizuho, Software, Ford, Apple, BMO, Citi, Dell, DELL, Roper Technologies, " Bank of America, Meta, AMD, SOX, JPMorgan, GE, Deutsche Bank, Deutsche, Barclays, AMC, Sirius XM, Davidson, Polaris

Baird raised its price target on Apple by $40 to $240. BMO also increased its price target on Amazon to $230, implying upside of 27%. Hutchinson also raised her price target $65, a $3 increase that implies the stock can jump 17.3% over the next year from Wednesday's close. In addition to reiterating his outperform rating, Mizuho managing director Gregg Moskowitz upped his price target by $30 to $850. Analyst William Power reiterated his outperform rating on the tech titan and hiked his price target by $40 to $240.

Persons: Baird, Lorraine Hutchinson, Hutchinson, Birkenstock, — Alex Harring, Paul Lejuez, LULU, Lejuez, LULU YTD, GE Vernova, Mark Strouse, Strouse, Mizuho, Gregg Moskowitz, Moskowitz, LSEG, Stifel, Lamb Weston, Matthew Smith, Smith, FactSet, Cowen, William Power, AAPL, Power, Alex Harring, Brian Pitz, Pitz, Fred Imbert Organizations: CNBC, Apple, BMO, GE, Bank of America, New York Stock Exchange, Citi downgrades, Citi, JPMorgan, Mizuho, Nasdaq, Apple Intelligence, Verizon, BMO Capital Markets, Google, Amazon Locations: Wednesday's, Thursday's, Lululemon, Thursday's premarket

☆ Wall Street analysts see more downside ahead for Tesla as latest earnings report lacks 'razzle dazzle'
▼ + stars: | 2024-07-24 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Wall Street is bracing for a rocky road ahead for shares of Tesla on the heels of a messy second-quarter print. That week Tesla shares rallied more than 27% to briefly erase a year-to-date loss . UBS analyst Joseph Spak noted the current stock price reflects a investors ascribing a "hefty value" to these plans. His $120 price target implies about 28% downside from Tuesday's close. Piper Sandler's Alexander Potter upped his price target to $300 from $205 a share, citing expectations for a faster-than-expected rollout of full self-driving (FSD) capabilities.

Persons: Tesla, Wells Fargo's Colin Langan, Cantor Fitzgerald, Pierre Ferragu, Goldman Sachs, Mark Delaney, Delaney, Joseph Spak, Spak, Toni Sacconaghi, Piper Sandler's Alexander Potter, Baird's Ben Kallo, Stephen Gengaro Organizations: Tesla, UBS, EV Locations: 1H25

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