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☆ Anthropic is gaining on OpenAI in this key area of the AI market
▼ + stars: | 2024-11-07 | by ( Alistair Barr | ) www.businessinsider.com time to read: +4 min

Anthropic has been gaining on arch rival OpenAI in recent months, according to data from a popular developer tool offered by startup Vercel. In the week of August 18, the OpenAI code library was downloaded almost 229,000 times by developers. Data from Vercel's AI SDK toolkit VercelA top executive at Vercel attributed the recent adoption trends partly to a new AI model that Anthropic released in the summer. That's because many AI model providers have adopted OpenAI's API specification as a de facto standard. AdvertisementAn OpenAI spokesperson said usage of the startup's API has doubled since it released its GPT-4o mini AI model in July.

Persons: Anthropic, OpenAI, Sweta Patel, Claude, Jared Palmer, Sonnet, There's, Dianne Penn, Penn, DoorDash Organizations: Vercel

☆ Here are Monday's biggest analyst calls: Nvidia, Apple, Amazon, Reddit, Tesla, RH, Warby Parker, UPS and more
▼ + stars: | 2024-10-21 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Piper Sandler reiterates Tesla as overweight Piper says it's sticking with Tesla heading into earnings later this week. Morgan Stanley initiates BioAge Labs at overweight Morgan Stanley says the biotech company is well positioned. " Goldman Sachs upgrades Warby Parker to buy from neutral Goldman sees customer growth for the eyewear company. Morgan Stanley reiterates Home Depot as overweight Morgan Stanley raised its price target on Home Depot to $450 per share from $380. Morgan Stanley downgrades ServiceNow to equal weight from overweight Morgan Stanley said that expectations are already priced in to the stock.

Persons: John Donovan, Piper Sandler, Tesla, Piper, it's bullish, Morgan Stanley, Goldman Sachs, Warby Parker, Needham, Reddit, Gary Friedman, Jack Preston, Baird, TD Cowen, Cowen, Prologis, Goldman, Craig Felenstein, Jim Bombassei, Morgan Stanley downgrades ServiceNow Organizations: Deutsche Bank, GE Vernova, Deutsche, General Electric, BioAge, Barclays, UPS, FedEx, Dominion, Goldman, Nvidia, AMD, Mohawk Industries, JPMorgan, China EV, Catalyst, Bank of America, Fortune Locations: GitLab, NVDA, Europe, U.S, Las Vegas, China

☆ Top Wall Street analysts like these stocks for their growth prospects
▼ + stars: | 2024-10-20 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +5 min

To this end, top Wall Street analysts, with their expertise, can help investors understand the key drivers that could support a company's long-term growth and pick stocks that are likely to deliver lucrative returns. Here are three stocks favored by the Street's top pros, according to TipRanks, a platform that ranks analysts based on their past performance. Also, the analyst is confident about his Q4 revenue growth estimate of 12%, given "healthy closure rates and further pipeline building into a seasonally strong 4Q24." The company has been seeing stellar revenue growth rates, driven by robust demand for its advanced GPUs (graphics processing units) in building artificial intelligence models and applications. The analyst thinks that Blackwell's launch and ramp-up are not just near- and medium-term revenue growth drivers, but also key factors that will enhance Nvidia's competitive advantage.

Persons: Cowen, Shaul Eyal, Eyal, TipRanks, Gregg Moskowitz, Microsoft's GitHub, Moskowitz, Goldman Sachs, Toshiya Hari, Hari Organizations: Wall Street, Lacework, Mizuho, Nvidia, Dell, Hewlett Packard Enterprise Locations: billings

☆ Here are Wednesday's biggest analyst calls: Nvidia, Apple, Netflix, FedEx, Reddit, Broadcom, Chewy & more
▼ + stars: | 2024-10-09 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Wednesday's biggest calls on Wall Street: Citi initiates FedEx and UPS as buy Citi said in its initiation note that FedEx and UPS are well positioned. "Netflix remains a compelling growth story with significant room for revenue, earnings, and FCF growth over the next several years." Wells Fargo upgrades Valero to overweight from equal weight Wells said the company is one of the "best independent refiners." Mizuho reiterates Nvidia and Broadcom as outperform Mizuho said it's sticking with its outperform ratings on Nvidia and Broadcom. Wells Fargo reiterates Roblox as overweight Wells Fargo raised its price target on Roblox ahead of earnings in late October to $54 per share from $46.

Persons: underperform Jefferies, Guggenheim, TD Cowen, Cowen, Morgan Stanley, it's bullish, Piper Sandler downgrades Blackstone, Piper, Piper Sandler, Wells, Jefferies, Wolfe, VALE, Chewy, it's, Mizuho, Wells Fargo, Evercore Organizations: Citi, FedEx, UPS, Jefferies, Southwest, Deutsche Bank, Netflix, Deutsche, Inc, MetLife, Barclays, Apple, Apple Intelligence, New York Times, Industry, Nvidia, Broadcom, Mizuho, Lowe's Locations: Valero, underperform, Underperform

☆ Stocks making the biggest moves midday: Norwegian Cruise Line, Reddit, Chewy, Boeing and more
▼ + stars: | 2024-10-09 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

Norwegian Cruise Line – Shares popped 10% on the heels of a Citi upgrade to buy from neutral. Citi said the company should see significant growth in earnings per share that can drive earnings upside and expand the margin. Reddit – The social forum stock gained close to 2% after Jefferies began coverage on the name with a buy rating. Helen of Troy – The housewares stock soared more than 19% after the company's second-quarter earnings beat Wall Street's expectations. Chewy – The pet product online retailer saw shares rising 3% after TD Cowen initiated coverage on the stock with a buy rating.

Persons: Jefferies, John Colantuoni, Rio, GitLab, Morgan Stanley, Helen of Troy –, Helen of Troy, FactSet, TD Cowen, Chewy, —, Alex Harring, Yun Li, Lisa Kailai Han, Jesse Pound Organizations: Cruise, Citi, Bayer – U.S, Washington Supreme, Sky Valley Education Center, Monsanto, Rio Tinto, Boeing –, Boeing, Department, Google Locations: Washington, Rio, U.S

Meanwhile, Jefferies began coverage of Reddit with a buy rating and a price target of $90. Champine said the Federal Reserve lowering interest rates was a driving force for the price target changes. Analyst William Kerr initiated coverage of the pet ecommerce retailer with a buy rating and $38 price target. RBLX YTD mountain RBLX in 2024 — Alex Harring 5:50 a.m.: Citi says UPS is a buy Buy the dip on UPS shares, according to Citi. Analyst Ariel Rosa initiated the delivery giant with a buy rating and a price target of $162.

Persons: Jefferies, Laura Champine, Champine, Helene, Milton, Lowe's, — Alex Harring, Piper Sandler downgrades Blackstone Piper Sandler, Crispin Love, Love, Blackstone, Morgan Stanley, Sanjit Singh, Singh, Alex Harring, TD Cowen, William Kerr, Kerr, Benjamin Soff, Soff, Ken Gawrelski, Gawrelski, Roblox, Ariel Rosa, Rosa, — Fred Imbert, John Colantuoni, Colantuoni, EBITDA Organizations: CNBC, Wednesday, Citi, UPS, Capital, Federal Reserve, Blackstone, Industry, Deutsche Bank, New York Times, Amazon Logistics, Walmart Locations: Wells, China, Tuesday's

☆ Stocks making the biggest moves premarket: Boeing, Alphabet, Blackstone, GitLab and more
▼ + stars: | 2024-10-09 | by ( Pia Singh | In | ) www.cnbc.com time to read: +2 min

Reddit — Shares rose more than 2% after Jefferies initiated research coverage with a buy rating and a Sreet-high price target. Rio Tinto , Arcadium Lithium — The two minerals stocks moved in opposite directions after the companies announced a deal for Rio Tinto to buy Arcadium for $5.85 per share. Shares of Rio Tinto dipped 1.2%, while shares of Arcadium surged 30%. GitLab — Shares rose 5% after Morgan Stanley initiated research coverage of the software stock with an overweight rating . Chewy — Shares rose nearly 2% after TD Cowen initiated research coverage of the pet products retailer with a buy rating.

Persons: Jefferies, Blackstone — Piper Sandler, Morgan Stanley, Sanjit Singh, Nio, TD Cowen, — CNBC's Sean Conlon, Lisa Han, Alex Harring, Jesse Pound, Hakyung Kim Organizations: Boeing, Department, Rio Tinto, Federal, Cruise, Citigroup, Citi Locations: Rio, Arcadium, Nio —

☆ Stocks making the biggest moves premarket: Nvidia, GitLab, Sweetgreen, Dollar Tree and more
▼ + stars: | 2024-09-04 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

Dollar Tree — Shares plunged nearly 11% after the dollar store missed second-quarter revenue estimates and trimmed its full-year forecast. Zscaler — Shares of the cloud security company slipped nearly 17% after its fiscal first-quarter earnings forecast missed Wall Street estimates. GitLab — Shares of the software developer surged 11% after its third-quarter earnings forecast surpassed Wall Street estimates. GitLab expects to earn 15 cents to 16 cents per share, while analysts polled by LSEG were calling for 11 cents. The company's full-year revenue forecast of $742 million to $744 million also came in above a forecast $737 million.

Persons: Dick's, Sweetgreen, Cowen, LSEG, PagerDuty, Nordstrom, —, Alex Harring, Jesse Pound Organizations: Nvidia, Bloomberg, U.S . Department of Justice, Dick's, —, Wall, FactSet, AMD —

☆ Stocks making the biggest moves midday: Dollar Tree, GitLab, Zscaler and more
▼ + stars: | 2024-09-04 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

Check out the companies making headlines in midday trading: Dollar Tree — Shares tumbled more than 22% after the discount retailer slashed its full-year outlook for net sales and adjusted earnings per share. GitLab — The software developer's stock soared more than 21% thanks to a strong third-quarter earnings outlook. Zscaler — The stock lost more than 18% after the cloud security company's fiscal first-quarter earnings outlook came in weaker than expected. Zscaler expects to earn between 62 cents and 63 cents per share, below the 73 cents per share analysts were estimating, per LSEG. Asana sees sales for the third quarter coming in between $180 million and $181 million, while analysts expected $182 million, according to LSEG.

Persons: LSEG, Zscaler, Cowen, Andrew Charles, —, Lisa Kailai Han, Michelle Fox Organizations: Dick's, Goods, FactSet, UBS, AMD Locations: Cape Canaveral , Florida

☆ Stocks making the biggest moves midday: Nvidia, Johnson & Johnson, Sweetgreen, GitLab and more
▼ + stars: | 2024-07-17 | by ( Pia Singh | ) www.cnbc.com time to read: +4 min

Elevance expects adjusted earnings of at least $37.20 for 2024, while analysts polled by FactSet called for $37.28 per share. Second-quarter adjusted earnings and revenue came in slightly ahead of estimates. Omnicom — Shares of the corporate communications company fell 8% despite beating revenue expectations for the second quarter. Omnicom posted adjusted earnings of $1.95 per share, which came out in line with analyst forecasts polled by FactSet. Johnson & Johnson reported adjusted earnings of $2.82 per share on $24.45 billion in revenue.

Persons: Biden, ASML, Elevance, FactSet, Charles Schwab —, Cowen, Charles Schwab's, Omnicom, Datadog, Jefferies, Johnson, Johnson —, LSEG, —, Jesse Pound, Hakyung Kim, Samantha Subin, Lisa Kailai Han, Michelle Fox Organizations: Bloomberg News, Biden Administration, Nvidia, AMD, Taiwan Semiconductor Manufacturing, VanEck Semiconductor, Qualcomm, HSBC, Hunt Transport Services, Revenue, FactSet, Reuters, UnitedHealth, Johnson, . U.S, Bancorp, U.S . Bancorp, Corporation, UBS Locations: China, ., V.F

☆ Stocks making the biggest moves premarket: Nvidia, GitLab, Five Below, J.B. Hunt and more
▼ + stars: | 2024-07-17 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

US Bancorp -- The bank stock rose more than 1% after second-quarter earnings topped expectations. US Bancorp reported 97 cents in earnings per share, compared to a StreetAccount estimate of 94 cents per share, according to FactSet. J.B. Hunt Transport Services — The freight company pulled back about 3% after second-quarter results missed Wall Street's estimates. Omnicom notched earnings of $1.95 per share excluding items, which was in line with analyst forecasts polled by FactSet. The company expects earnings per share in a range of $9.97-$10.07, down from a prior guidance of $10.57-$10.72.

Persons: Biden, Joel Anderson, Morgan Stanley, J.B, Johnson, FactSet, —, Sarah Min, Jesse Pound Organizations: Bloomberg News, Biden Administration, Nvidia, Taiwan Semiconductor, AMD, VanEck Semiconductor, Evercore ISI, Mizuho Securities, US Bancorp, Hunt Transport Services, FactSet, —, V.F . Corporation, Omnicom, Reuters, Datadog, Johnson Locations: China

☆ These software stocks have the 'best of both worlds,' offering strong growth with solid balance sheets
▼ + stars: | 2024-07-09 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

The company had a trailing incremental last 12-month incremental FCF margin of some 93% and 25% of forecast growth in the next 12 months. Citing Gitlab's ability to continue generating revenue growth, the investment bank expects operating leverage to materialize as the company "scales into what is a large software deployment market." Called one of the high-quality names in Canaccord's screen, Monday.com had a trailing incremental FCF margin of 91% and projected revenue growth of 28%. Canaccord cited high non-GAAP gross margins, durable growth and healthy FCF leverage over the trailing 12 months as drivers of Monday's "best-in-class" incremental FCF. SentinelOne also turned up at the top of Canaccord's screen, with a trailing incremental FCF of some 89% and forecast revenue growth of roughly 28%.

Persons: Canaccord Genuity, Gitlab, Cannacord, Monday.com, Canaccord, Canaccord doesn't, SentinelOne Organizations: Broadcom, Nvidia, Street, Barclays

☆ Stocks making the biggest moves premarket: Intel, GameStop, Bath & Body Works and more
▼ + stars: | 2024-06-04 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

Bath & Body Works — Shares of the home fragrance and personal care retailer dropped 9%. Bath & Body Works topped first-quarter earnings and revenue estimates but shared disappointing guidance for the current period. The company expects earnings to range between 31 cents and 36 cents a share, versus a FactSet estimate of 38 cents. Gitlab — The software company shed 2.3% despite posting an earnings and revenue beat postmarket for its fiscal first quarter Monday. Adjusted earnings per share came in at 3 cents, versus the 4 cent loss per share expected from analysts polled by LSEG.

Persons: Keith Gill, Gill, —, Fred Imbert, Alex Harring, Michelle Fox Organizations: Intel, Nvidia, AMD, GameStop, Street Journal, AMC Entertainment, Body Works, LSEG, Revenue, CNBC

☆ American shoppers are tired. These companies are benefiting
▼ + stars: | 2024-06-02 | by ( Bryan Mena | ) edition.cnn.com time to read: +4 min

Just ask Ross Stores: America’s largest off-price retailer reported earnings and revenue that beat analysts’ forecasts last week. The US Labor Department releases April figures on job openings, quits, hires and layoffs. The US Commerce Department releases April figures on new orders for manufactured goods. The US Commerce Department releases April data on exports and imports. Friday: The US Labor Department releases May data gauging the state of the job market, including monthly payroll growth, wage gains and the unemployment rate.

Persons: Ross, “, ” Adam Orvos, ” TJX, TJ Maxx, LVMH Moët Hennessy Louis Vuitton, ” Clayton Allison, Allison, ” Allison, Brown Forman, Campbell Organizations: CNN Business, Bell, Washington CNN, Companies, Ross Stores, Marshalls, Burberry, Prime Capital Investment Advisors, CNN, Walmart, P Global, Institute for Supply Management, CrowdStrike, Hewlett Packard Enterprise, Body, US Labor Department, US Commerce Department, Bank of Canada, Autodesk, Smucker, DocuSign, Vail Resorts, European Central Bank Locations: Washington, North America, Europe, Australia, Americas, Zumiez

☆ Software stocks got pummeled this week after a cluster of troubling earnings reports
▼ + stars: | 2024-06-01 | by ( Jordan Novet | ) www.cnbc.com time to read: +4 min

And Veeva's CEO said on his company's earnings call that generative artificial intelligence has been "a competing priority" for customers. Add it all up and it was a brutal week for software and enterprise tech. "Every enterprise software company kind of has adjusted" since after the pandemic, Benioff said on his company's earnings call. "Macroeconomic headwinds are still out there," Okta finance chief Brett Tighe said on the company's earnings call. Veeva CEO Peter Gassner cited "disruption in large enterprises as they work through their plans for AI."

Persons: Marc Benioff, Dell, Salesforce, Benioff, Brett Tighe, Daniel Dines, Dines, Rob Enslin, Tomer Weingarten, Peter Gassner, Gassner, Zscaler, Jay Chaudhry, — CNBC's Ari Levy, FBB, Mike Bailey Organizations: Salesforce, Economic, Computing Fund, Dell, Barclays, CNBC Locations: Davos, Switzerland, Paycom, U.S, UiPath, reprioritize

☆ Jobs data will steal the spotlight next week. What to watch for in 3 key labor reports
▼ + stars: | 2024-06-01 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

In this way, the nonfarm payroll report also offers clues on the near-term path of inflation. As always, payroll processing firm ADP will release its May private-sector jobs report before the government's nonfarm payroll report. On Tuesday, we'll get the latest JOLTS data, shorthand for the Job Openings and Labor Turnover Survey conducted by the Labor Department. Earnings A few noteworthy earnings reports set for next week include CrowdStrike and Hewlett Packard Enterprise after the close on Tuesday. A report released by the Bureau of Labor Statistics showed the US economy added 311,000 jobs in February.

Persons: industrials, Eaton, Locker, Salesforce, we've, FactSet, Dow Jones, we'll, Ferguson, OLLI, Campbell Soup, Brown, Forman, LULU, JM Smucker, Jim Cramer's, Jim Cramer, Jim, Joe Raedle Organizations: Nasdaq, Dow Jones, Federal, Energy, Coterra Energy, Palo Alto Networks, Broadcom, Microsoft, Costco, Labor, Labor Department, Institute for Supply, Hewlett Packard Enterprise, Body, Donaldson Company, DCI, Brands, Natural Foods, THOR Industries, ABM Industries, Vail Resorts, MTN, NGL Energy, Jim Cramer's Charitable, CNBC, Bureau of Labor Statistics, Getty Locations: Chicago, Palo, U.S, Bath, Toro, Miami , Florida

☆ Cramer's week ahead: Labor report, plus Gitlab and Crowdstrike earnings
▼ + stars: | 2024-05-31 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Friday told investors what to pay attention to next week on Wall Street, highlighting the nonfarm payroll report and earnings from GitlLab and CrowdStrike . Cramer said he's waiting to see how the company will perform because some in the enterprise software sector see issues with sales. Tuesday brings quarterly results from CrowdStrike, and Cramer said this cybersecurity company has been doing better than many of its peers. Friday brings perhaps the most important event of the week, according to Cramer, the Labor Department's nonfarm payroll report. Cramer said the Federal Reserve won't be inclined to cut rates until the unemployment rate reaches 4%.

Persons: CNBC's Jim Cramer, Cramer, he's, Hewlett Packard, Ferguson, PVH, Calvin Klein, Tommy Hilfiger, Ralph Lauren, Campbell Soup, Jack Daniels, Brown, Forman, Lululemon, JM Smucker, Smucker Organizations: Dell, athleisure, Labor

☆ Amazon’s new cloud boss inherits a business under pressure to keep pace in AI
▼ + stars: | 2024-05-23 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +12 min

"It's very early days in generative AI," said Jassy, who succeeded Jeff Bezos as CEO in 2021. Davidson, told CNBC that Amazon was "caught flat-footed" by the generative AI boom. During a Q&A session on Wednesday, Jassy was asked twice about the status of Amazon's generative AI efforts. He said the company is "seeing a lot of momentum" in generative AI within AWS to where it's now a multibillion-dollar business based on annualized revenue. Amazon has previously said it intends to use generative AI to make Alexa more conversational.

Persons: Noah Berger, Andy Jassy, OpenAI's ChatGPT, Adam Selipsky, Jassy, Jeff Bezos, Matt Garman, Gil Luria, Davidson, Luria, Bezos, Selipsky, Casey McGee, McGee, Anthropic, Dario Amodei, OpenAI, it's, Garman, Amazon, wasn't, Dilip Kumar, Kumar, Swami Sivasubramanian, Jamie Meyers, Meyers, Matt, Jordan Novet, Kate Rooney Organizations: Web Services, Getty, Amazon, Microsoft, Google, D.A, CNBC, Amazon Web, Alexa, AWS, Nvidia, ChatGPT, Accenture, Toyota, Nasdaq, Investments Locations: Las Vegas, Vegas, Bezos, Anthropic

☆ Bank of America sees 60% upside for this software stock that's using AI to innovate
▼ + stars: | 2024-05-14 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

Investors looking for alternative ways to play artificial intelligence may want to keep an eye on an innovative software company, according to Bank of America. " GitLab offers a rich platform built on top of its leading Source Code Management solution that is vitally important to developers," wrote analyst Koji Ikeda, in a Tuesday note. "Furthermore, GitLab is focused on capitalizing on AI, which is accelerating the number of digital experiences (and source code) being created." Over the medium term, Ikeda said he sees continued source code management improvements, new security features and the expansion of AI-powered offerings as critical to GitLab's growth. GTLB 6M mountain GitLab shares over the past six months.

Persons: Koji Ikeda, Ikeda Organizations: Bank of America

☆ Here are Friday's biggest analyst calls: Apple, Amazon, Tesla, Microsoft, Boeing, First Solar & more
▼ + stars: | 2024-04-12 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Friday's biggest calls on Wall Street: Morgan Stanley reiterates Netflix as overweight Morgan Stanley raised its price target on the stock to $700 per share from $600. Morgan Stanley reiterates Starbucks as overweight Morgan Stanley lowered its price target to $115 per share from $120 but says it's sticking with Starbucks shares. "Charles Schwab's profitability, earnings growth, and free cash flow yield make it an attractive stock in the Financial sector." "Our 12-month price target of $84 (17% potential upside) is unchanged and we maintain our Buy rating on the stock." Goldman Sacks reiterates Apple as buy Goldman said it's sticking with its buy rating ahead of earnings in early May.

Persons: Morgan Stanley, Wolfe, Piper Sandler, Charles Schwab, Piper, Schwab, Charles, Marvell, Jefferies, ASO's, BTIG, it's, Rosenblatt, Raymond James, Goldman Sacks, Apple, Goldman, Janney, Tesla Organizations: Netflix, BMO, Microsoft, Starbucks, JPMorgan, " Bank of America, Bank of America, Sports, Environment, UBS, NYSE, Energy, Arista Networks, Arista, AI Data Center, Mizuho, Citi, Cisco Citi, Cisco, Boeing, Novo Nordisk Locations: South America, Europe, China

☆ Stocks making the biggest moves before the bell: JPMorgan, BlackRock, Globe Life and more
▼ + stars: | 2024-04-12 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

JPMorgan — The bank slipped 2.4% despite beating expectations on both lines and reporting lower credit costs than anticipated. Wells Fargo — Wells Fargo shares vacillated after reporting first-quarter earnings , but were recently up less than 1%. The bank topped Wall Street's expectations on the top and bottom lines, but reported a decline in net interest income. Citigroup — Shares rose more than 2% after the bank posted $21.1 billion in revenue , which was higher than analysts' expectations of $20.4 billion, according to LSEG. Globe Life — The insurer jumped about 9% in Friday's extended trading, rebounding after tumbling more than 50% in the prior session.

Persons: Jamie Dimon, LSEG, Thursday's, Raymond James, —, Macheel, Samantha Subin, Sarah Min, Michelle Fox Organizations: JPMorgan, Citigroup —, BlackRock, Blackrock, Research, Paramount, Skydance, Wolfe Research, Corteva, Citi Locations: Wells, LSEG

☆ Here are Tuesday's biggest analyst calls: Nvidia, Apple, Tesla, Netflix, Cisco, Alphabet, American Eagle & more
▼ + stars: | 2024-04-09 | by ( Michael Bloom | ) www.cnbc.com time to read: +9 min

Barclays downgrades American Express to equal weight from overweight Barclays sees "limited upside" on valuation for the stock. Compass Point downgrades Wells Fargo to neutral from buy Compass sees a more balanced risk/reward for shares of Wells Fargo. Bank of America reiterates Apple as buy Bank of America says its survey checks show App Store growth increasing. Bank of America upgrades Ally Financial to buy from neutral Bank of America said the bank holding company has "credit leverage." Bank of America initiates Frontier a buy Bank of America said the wirelines and cable telecom company has "meaningful potential to outperform."

Persons: Morgan Stanley, Raymond James, Goldman Sachs, Tesla, Goldman, Wells, Wells Fargo, Jefferies, MNDY, Rosenblatt, TeraWulf, TD Cowen, William Blair, Cowen, it's, Wolfe, KBW, DA Davidson, Davidson Organizations: Cisco, Colgate Energy, Resource, Bank of America, Infosys, of America, Barclays downgrades, Express, Barclays, BMO, Realty Trust, Compass, LPL, Nasdaq, Jefferies, RBC, Molson Coors, TAP, Distributors, Google, GE Aerospace, GE, General Electric Company, Apple, Netflix, Frontier Communications, JPMorgan, Eagle Outfitters, Technologies, Steel, Japan's Nippon Steel, Nippon Steel, GOP, Trump, Nvidia Locations: Midland , Texas, Wells Fargo, Freeport, Pittsburgh

☆ Lightning Round: Time to buy Palo Alto Networks, says Jim Cramer
▼ + stars: | 2024-04-04 | 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 EmailLightning Round: Time to buy Palo Alto Networks, says Jim Cramer'Mad Money' host Jim Cramer weighs in on stock including: GitLab, Snap, Blackstone, Rocket Companies and Palo Alto Networks.

Persons: Jim Cramer Organizations: Palo Alto Networks, Rocket Companies

☆ Cramer's Lightning Round: Palo Alto Networks is a buy
▼ + stars: | 2024-04-04 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon GitLab's year-to-date stock performance. Stock Chart Icon Stock chart icon Snap's year-to-date stock performance. Stock Chart Icon Stock chart icon Blackstone's year-to-date stock performance. Stock Chart Icon Stock chart icon Rocket Companies' year-to-date stock performance. Stock Chart Icon Stock chart icon Palo Alto Networks' year-to-date stock performance.

Persons: Snapchat, Blackstone, I'm, Jim Cramer's Organizations: Companies, Rocket, Palo Alto Networks

Cadre Holdings CEO Warren Kanders sold $50.3 million worth of stock. Ares Management CEO Michael Arougheti sold $32.7 million worth of stock. Cadence Design Systems CEO Anirudh Devgan sold $14.7 million worth of stock. AppLovin CFO Herald Chen sold about $9.5 million worth of stock. Cleanspark CEO Zachary Bradford sold nearly $9 million worth of stock.

Persons: Michael Dell, Verity Data, Mark Zuckerberg, Chan Zuckerberg, Zuckerberg, Priscilla Chan, Warren Kanders, Kanders, Jayshree Ullal, Michael Arougheti, Sytse Sijbrandij, Sijbrandij, Anirudh Devgan, Aneel Zaman, Herald Chen, Zachary Bradford Organizations: Dell Technologies, Dell, DELL, Securities and Exchange Commission, Chan Zuckerberg Initiative, Facebook, Cadre, VerityData, Arista Networks, Ares Management, Cadence Design, Herald Locations: 10b5

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