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Here are Wednesday's biggest calls on Wall Street: Loop reiterates Nvidia as buy The firm said it's standing by the stock heading into earnings on Wednesday. "We see more upside potential and are moving up our target price to $51 from $30. Pivotal reiterates Netflix as buy Pivotal raised its price target on Netflix to a Street high $1,100 from $925. Goldman Sachs reiterates Microsoft as buy Goldman said it's standing by the stock following the company's Ignite Conference in Chicago on Tuesday. Citi downgrades Target to neutral from buy The firm downgraded the stock following earnings on Wednesday morning and says it's losing share.
Persons: NVDA, hasn't, Bernstein, Robinhood, HOOD, Tyson, Paul, Apple, Goldman Sachs, Goldman, Piper Sandler, Piper, Morgan Stanley, it's, DELL, qtr, Guggenheim, Oppenheimer, JPMorgan Chase, Cava Organizations: Nvidia, Deutsche Bank, Gaming, Leisure Properties, Deutsche, Netflix, Bank of America, Walmart, Microsoft, Adobe, JPMorgan, Dell, of America, Underperform, Trump, Barclays, Newell Brands, Citi, Target, TGT, HSBC Locations: Chicago
Evercore ISI downgrades Caterpillar to in line from outperform The firm said it sees earnings per share risk for Caterpillar. Barclays reiterates Instacart as overweight The firm said it is sticking with its overweight rating following earnings. " Telsey reiterates Target as outperform Telsey says it is sticking with its outperform rating on Target ahead of earnings next week. Jefferies reiterates Netflix as buy The firm said the latest report of monthly active users for Netflix weakens the bear case. " TD Cowen reiterates Cava as buy The firm said Cava had a "flawless" third quarter.
Persons: Oppenheimer, William M, Brown, reallocating, Wells, Morgan Stanley, Telsey, Salesforce, verticals, Jefferies, Piper Sandler, Wedbush, Tesla, Donald Trump, Elon Musk, TD Cowen, Cava Organizations: Caterpillar, CAT, UBS, DTC, Bank United, Bank, Solutions Holdings, C Insurance, Barclays, CART, Starbucks, Bank of America, Netflix, MAUs, Micron, Apple, ISI, Services, Department of Government, White, Trump Locations: 3Q24, FCF
Skyworks reported adjusted earnings of $1.55 per share, while analysts polled by LSEG had forecast $1.52 per share. Analysts polled by LSEG expected a profit of 22 cents per share on revenue of $844 million. Rocket Lab forecasted fourth-quarter revenue of $125 million to $135 million, besting the Street's estimate for $122 million, per LSEG. Flutter reported third quarter adjusted earnings of 43 cents per share on revenue of $3.25 billion. That topped the Street's estimates for 10 cents per share in earnings and revenue of $3.07 billion.
Persons: Skyworks, LSEG, Cava, Maplebear —, Fred Imbert, Darla Mercado Organizations: Spotify Technology, Spotify, Occidental Petroleum —, Occidental Petroleum, Volkswagen Group, Rocket
A dietitian said that measuring foods for a brief period help with knowing how many calories to eat. She said that her goals are to lose fat and maintain muscle. AdvertisementMockler said she loves that Silvia is prioritizing mostly whole foods, protein, and lots of plants. "She focuses a lot on protein, which is fantastic for both fat loss (keeps you full) and maintaining muscle (protein helps build muscle)," Mockler said. "She didn't mention how much protein she eats, but generally 1.6 to 2.2 grams per kilogram of body weight is a safe range for active individuals looking to build or maintain muscle."
Persons: , Silvia, Kara Mockler, Mockler, seltzer, Silvia isn't, carbs Silvia, carbs, needn't Organizations: BI's Nutrition Clinic, Service, Insider's Nutrition Clinic Locations: carbs, Cava
Stock Chart Icon Stock chart icon GE Aerospace's year-to-date stock performance. Stock Chart Icon Stock chart icon Stryker's year-to-date stock performance. Stock Chart Icon Stock chart icon Lantheus' year-to-date stock performance. Stock Chart Icon Stock chart icon Essential Utilities' year-to-date stock performance. Stock Chart Icon Stock chart icon Cava's year-to-date stock performance.
Persons: Stryker, It's, Lantheus Organizations: GE, GE Aerospace, Utilities Locations: Cava
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLightning Round: Stryker is a company you own and forget about it, says Jim Cramer'Mad Money' host Jim Cramer weighs in on stock including: Ultra Clean, GE Aerospace, Stryker, Lantheus, Essential Utilities, and Cava.
Persons: Stryker, Jim Cramer, Lantheus Organizations: GE Aerospace, Utilities Locations: Cava
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLightning Round: Own CAVA, if it drops buy more, says Jim Cramer'Mad Money' host Jim Cramer weighs in on stock including: CAVA, Reddit, Super Micro Computers, GE Healthcare, McCormick, GSK, Cadence Designs, and more.
Persons: Jim Cramer Organizations: Micro Computers, GE Healthcare, McCormick, GSK, Cadence Designs Locations: Reddit
Cramer's Lightning Round: Reddit is a buy
  + stars: | 2024-10-09 | by ( Julie Coleman | ) www.cnbc.com   time to read: +1 min
Cava : "I like Cava very much...I don't want you to buy it up here, I do want you to own it." Reddit : "I like Reddit very much [buy, buy, buy!]." Click here to download Jim Cramer's Guide to Investing at no cost to help you build long-term wealth and invest smarter. Sign up now for the CNBC Investing Club to follow Jim Cramer's every move in the market. Disclaimer The CNBC Investing Club Charitable Trust holds shares of GE Healthcare, Nextracker and Nvidia.
Persons: Cava, McCormick, Jim Cramer's Organizations: Nvidia, GE Healthcare, McCormick & Company, Accenture, Trump Media & Technology, CNBC, Club, Club Charitable Trust, Nextracker
Citrus County: Beginning at 8 a.m. Tuesday, residents in any structure incapable of withstanding 110 mph winds will be under a mandatory evacuation order, the sheriff’s office said. That includes campers, tents, mobile homes and manufactured homes. A mandatory evacuation order for zones A and B is set to begin at 6 a.m. Tuesday. Glades County: A voluntary evacuation order will begin Tuesday at 1 p.m. for residents in mobile homes, RVs and low-lying areas. Lee County: Residents in Zones A and B are under evacuation orders that went into effect at noon Monday, officials said.
Persons: Doug Engle, Hurricane Milton, , Daniella Levine Cava, Milton, George Recktenwald, “ We’re, Organizations: Ocala, USA, Florida Division, Emergency Management, Dade Locations: Tampa, Florida, Hurricane, Charlotte County, Charlotte Harbor, Peace, Citrus County, Collier County, Naples, Marco Island, Everglades City, Goodland, Glades County, Hernando County, Hillsborough County, Lee County, Sanibel, Manatee County, . Miami, Dade County, Okeechobee, Pasco County, RVs, Pinellas County, Sarasota County, Volusia County, Intracoastal
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLightning Round: Sharkninja executes 'like you wouldn't believe', says Jim Cramer'Mad Money' host Jim Cramer weighs in on stock including: Cracker Barrel, Bellring Brands, Redwire, CAVA, Nextracker, and Sharkninja.
Persons: Sharkninja, Jim Cramer Organizations: Brands, Redwire Locations: CAVA, Nextracker
Cramer's Lightning Round: 'Do not sell Cracker Barrel'
  + stars: | 2024-09-30 | by ( Julie Coleman | ) www.cnbc.com   time to read: +1 min
Stock Chart Icon Stock chart icon Cracker Barrel's year-to-date stock performance. Stock Chart Icon Stock chart icon Redwire's year-to-date stock performance. Stock Chart Icon Stock chart icon Cava's year-to-date stock performance. Stock Chart Icon Stock chart icon Nextracker's year-to-date stock performance. Stock Chart Icon Stock chart icon HSBC's year-to-date stock performance.
Persons: Julie Masino, I've, Jim Cramer's Organizations: BellRing, HSBC Locations: Cava
Piper Sandler upgrades Accenture to overweight from equal weight Piper upgraded the IT company following its earnings report. Goldman Sachs reiterates Costco as buy Goldman says it's sticking with the stock following earnings on Thursday. Citi downgrades Dollar General to sell from neutral Citi says it sees too many competitive challenges. JPMorgan adds Best Buy to the focus list JPMorgan says it sees an "improving product cycle" for Best Buy. Bank of America downgrades HP to neutral from buy The firm says it sees slowing earnings per share growth.
Persons: Morgan Stanley, Wynn, Piper Sandler, Piper, Goldman Sachs, Goldman, it's bullish, it's, Raymond James, Mercado, Roth MKM, Roth, Cantor Fitzgerald Organizations: Wynn Resorts, Deutsche Bank reinstates Dell, Deutsche, DELL, NASDAQ, Costco, " Bank of America, Apple, Bank of America, Apple Intelligence, UBS, Vista Energy, Citi, Pepsi Citi, Catalyst, Walmart, Cava, Mercado Libre, JPMorgan, Chesapeake Energy, Barclays, Netflix, HP Locations: UAE, Macau, BMBL, CAVA, HPQ
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy investors think Cava can become the next ChipotleCava, the fast-casual Mediterranean chain known for its bowls and pitas, has had a massively successful year following its IPO in June 2023. It's revenue, same-store sales and transaction growth have all seen major increases in its second quarter in 2024. Some analysts predict it will follow predecessor and competitor, Chipotle's, path.
Locations: Cava
Why analysts are calling Cava the next Chipotle
  + stars: | 2024-09-27 | by ( Natalie Rice | ) www.cnbc.com   time to read: +2 min
Fast-casual Mediterranean chain Cava has had an impressive year since going public in June 2023. Now, Wall Street analysts see shades of another fast-casual success story: Chipotle Mexican Grill . In its most recent results for the second quarter of 2024, Cava bucked industry trends by posting same-store sales growth of 14.4% and traffic growth of 9.5%. Cava Group co-founder and CEO Brett Schulman has said its prices increased 15% between 2019 and 2024. "You hear a lot about the value wars lately.
Persons: Nick Setyan, Brett Schulman, Schulman, That's, Cava, Chipotle Organizations: Wall Street, Wedbush Securities, Cava Group Locations: Cava, Chipotle
CAVA CEO Brett Schulman sits down with Jim Cramer
  + stars: | 2024-09-12 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
CAVA CEO Brett Schulman sits down with Jim CramerCAVA President and CEO Brett Schulman sits down with 'Mad Money' host Jim Cramer to talk the mediterranean chain's explosive growth, post-IPO landscape, consumer trends and more.
Persons: Brett Schulman, Jim Cramer CAVA, Jim Cramer
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFast food chains in 'tough position' if all they have going for themselves is price: Fmr. Panera CEORon Shaich, Former Panera Bread CEO and CAVA chairman, joins 'Closing Bell Overtime' to talk McDonald's expanding its $5 meal deal, more chains rolling out value meals, Brian Niccol's approach to Starbucks and more.
Persons: Ron Shaich, Brian Niccol's
CNN —It’s been an eventful few days for Miami Dolphins star Tyreek Hill, who was detained by police ahead of his team’s opening game of the season on Sunday. Hill doesn’t answer and repeatedly says, “Don’t knock on my window like that.”The officer asks why Hill had his window up and says he had to knock to let Hill know he was there. If I wasn’t Tyreek Hill, worst-case scenario, we would’ve had a different article. Tyreek Hill got shot in front of Hard Rock Stadium, that’s worst-case scenario,” Hill said. “Following the incident involving Tyreek Hill, I have initiated an Internal Affairs investigation to ensure a thorough review of the matter.
Persons: CNN — It’s, Tyreek Hill, Hill, Stephanie V, Daniels, , don’t, bro, ” Hill, “ I’m, I’m, , CNN he’s, CNN’s Kaitlan Collins, I’ve, they’re, would’ve, Tyreek, ” Daniels, Drew Rosenhaus, “ Tyreek, ” Rosenhaus, – it’s, Rosenhaus, , ” Hill’s, Calais Campbell, Campbell, ” Campbell, didn’t, Sam Navarro, Pro Bowler, Jonnu Smith, Don’t, ” Steadman Stahl, ” Stahl, Jaylen Waddle, Megan Briggs, Daniella Levine Cava, ” Levine Cava, MDPD Organizations: CNN, Miami Dolphins, Jacksonville Jaguars, Police, Jaguars, Miami - Dade Police Department, CNN Hill, Internal, CNN News Central, ESPN, Dolphins, NFL, USA, Sports, Reuters, ” Police, South Florida Police Benevolent Association, Hill's, Getty Images Miami, Dade, AFC East, Buffalo Bills Locations: bro, Hill, America
The spokesperson declined to offer additional details, including the names of the officers who pulled Hill over and handcuffed the players, citing an ongoing internal affairs investigation. “I don’t want to speak for him, but it certainly felt like he wasn’t treated fairly,” Rosenhaus told NBC South Florida on Sunday. “Things escalated out of control.”A police union representative said Monday that Hill wasn’t cooperative and that he refused “to sit on the curb,” leading to his being “redirected” to the ground. The officer who has been put on administrative duty is a 25-year veteran of the department, according to the union. “When the officers were trying to talk to him, he was being very uncooperative,” Steadman Stahl, president of the South Florida Police Benevolent Association, told NBC South Florida.
Persons: Calais Campbell, Campbell, Walter Payton Man, Hill, Stephanie Daniels, Daniella Levine Cava, ” “, , Drew Rosenhaus, , ” Rosenhaus, ” Steadman Stahl, ” Stahl, “ It’s, ” Steadman, couldn’t, Ron DeSantis, wasn’t, ” DeSantis Organizations: Miami Dolphins, Dolphins, Jacksonville Jaguars, Miami, Dade Police, Dade, NBC South, South Florida Police Benevolent Association, NBC, NBC News, Florida Gov Locations: Miami Gardens , Florida, Miami, Dade County, NBC South Florida, Florida
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCava CEO Brett Schulman on Q2 results, pricing strategies and growth outlookCava co-founder and CEO Brett Schulman joins 'Squawk Box' to discuss the company's quarterly earnings results, how the company got started, pricing strategies, growth outlook, and more.
Persons: Brett Schulman, Cava
Citigroup opened a negative catalyst watch on Ulta Beauty and lowered its price target to $375 in anticipation of an earnings miss next week. Club holding TJX Companies ' quarterly results topped expectations earlier this week, and it also lifted its guidance. Uber has a similar partnership with Club holding Alphabet 's Waymo in Phoenix. 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: Jerome Powell's, Jackson, Piper Sandler, Chewy, Wynn, Locker, Mary Dillon, Uber, Wells, Jim Cramer's, Jim Cramer, Jim Organizations: Federal, Nasdaq, Dow, Citigroup, UBS, Las Vegas Sands, Wynn Resorts, Ross, TJX Companies, Burlington Stores, Nike, Piper, Cruise, Club, BJ's Wholesale, Jim Cramer's Charitable, CNBC Locations: Macau, Las Vegas, Cava, Wells Fargo, Phoenix
Check out the companies making headlines in midday trading: Cava Group — Shares of the fast-casual restaurant chain popped more than 21% on stronger-than-expected quarterly results . Cava posted earnings of 17 cents per share on $233 million in revenue in the fiscal second quarter. That topped LSEG estimates calling for earnings per share of 13 cents and revenue of $220 million. Ross Stores — The off-price retailer's stock price added 1.4% after the company beat earnings estimates by 9 cents a share in the second quarter. Ross matched revenue estimates of $5.25 billion, per LSEG.
Persons: Cava, Warby Parker, Nicholas Jones, Goldman Sachs, Bill.com, Ross, Tesla, Jerome Powell's, Piper Sandler, — CNBC's Hakyung Kim, Jesse Pound, Brian Evans, Samantha Subin, Lisa Kailai Han, Michelle Fox Organizations: Intuit —, Intuit, FactSet, JMP Securities, Warby's, UBS, Ross Stores, LSEG, Nvidia, Federal, Investors, VanEck Semiconductor Locations: Cava, Vegas, Macau
3-Stock Lunch: Uber, Intuit & Cava
  + stars: | 2024-08-23 | by ( ) 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 Email3-Stock Lunch: Uber, Intuit & CavaAnthony Forcione, Rockland Trust, VP and portfolio manager, joins 'Power Lunch' to discuss stock plays for three stocks.
Persons: Cava Anthony Forcione Organizations: Intuit, Rockland Trust, VP Locations: Rockland
Read previewIf your idea of Spain is eating paella, dancing flamenco, and improving your Spanish, Catalonia might surprise you. The main language in Catalonia is CatalanAlthough Spanish is the most common language and almost everyone is bilingual, Catalan is the main language outside Barcelona. Catalan paella is different from what you find in the rest of the country. Catalan paella is dark brown in color, much more seafood heavy, and never contains vegetables. You'll want to branch out into Catalan winesMany people think of rioja when they think of Spanish wine.
Persons: , we'd, you'd, Nicola Prentis, There's, paella, Rice, sommelier, Champagne ., it's, Caga, haven't, It's Organizations: Service, Business, Catalans, La, UNESCO Intangible Cultural Heritage Locations: Spain, Catalonia, Barcelona, Madrid, Girona, Catalan, Spanish, Valencia, mayo, Cava, rioja, La Rioja, Priorat, Tarragona, Champagne
The crowd condemned long-time Venezuelan socialist president Nicolas Maduro after he said he beat opponent Edmundo González Urrutia in Sunday’s election. “It’s really, really, really a congregation that we see all around the world that we showed to the world that it was a fraud and Venezuela deserved freedom,” said Gabriel Duque. Many are hopeful their voices will be heard and they can go back to their home country again soon. If you ask a regular Venezuelan, he’s going to tell you that he wants Maduro to leave because we want to go back to our country. And as soon as we remove Nicolás Maduro, you’re going to see, you’re going to witness all Venezuelans going back to our country because we never want to left,” Morin said.
Persons: MIAMI —, Nicolas Maduro, Edmundo González Urrutia, González Urrutia, Antony Blinken, Pope Francis, , , Alfredo Leon, Maria Teresa Morin, Chandan Khanna, Ysbael Bello, Daniella Levine Cava, Joe Carollo, “ It’s, Gabriel Duque, Maduro, ” Morin, ” Leon Organizations: MIAMI, Venezuelan, Getty, Local, Dade, Miami City, Doral Mayor Locations: Downtown Miami, Venezuelan, Sunday’s, U.S, South Florida, Miami, Dade County, Doral Mayor Christi Fraga, Venezuela
I visited rival salad chains Cava and Sweetgreen to get build-your-own bowls. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . As of 21 April, 2024, Cava had 323 restaurants, while Sweetgreen had more than 225 as of May. It's been a tough few years for salad chains, which have traditionally relied on city-center office workers for their peak lunchtime trade. This story is available exclusively to Business Insider subscribers.
Persons: Sweetgreen, , It's Organizations: Service, Business Locations: Cava
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