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☆ Target's quarter was worse than expected by a wide margin, says Melius Research's Karen Short
▼ + stars: | 2024-11-20 | 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 EmailTarget's quarter was worse than expected by a wide margin, says Melius Research's Karen ShortKaren Short, Melius Research retail analyst, joins 'Squawk Box' to discuss what Target's executives are saying about earnings, positive things in the company's quarter, and much more.

Persons: Melius Research's Karen Short Karen Short Organizations: Melius Research

☆ Melius' Ben Reitzes looks ahead to Nvidia earnings
▼ + stars: | 2024-11-18 | 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 EmailMelius' Ben Reitzes looks ahead to Nvidia earningsBen Reitzes, Melius Research Head of Technology Research, joins 'Closing Bell Overtime' to talk what to expect from Nvidia earnings.

Persons: Ben Reitzes Organizations: Technology Research, Nvidia

☆ 10 things to watch in the stock market Monday, including Tesla and Nvidia
▼ + stars: | 2024-11-11 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Wedbush's Dan Ives raised his price target on Tesla to $400 a share from $300, implying 24.5% upside from Friday's close. More love for longtime Club stock Nvidia : Morgan Stanley upped its price target on the AI chip king to $160 a share from $150 at Morgan Stanley. Club name Palo Alto Networks had its PT raised to $425 a share from $410 at Barclays. 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: Wedbush's Dan Ives, Donald Trump's, Trump, Wednesday's, Cigna, Morgan Stanley, Piper Sandler, Dell, Wells, Jim Cramer's, Jim Cramer, Jim Organizations: Trump, Nasdaq, Dow, Home, Disney, JPMorgan, Cisco Systems, Cisco, Humana, Medicare, Club, BlackRock, Deutsche Bank . BlackRock, House, Wolfe Research, Warner Bros, longtime Club, Nvidia, Melius, Dell Technologies, Bank of America, PT, Federal, Palo Alto Networks, Barclays, Analysts, Jim Cramer's Charitable, CNBC Locations: Ives, Wells, Alto, Palo

☆ Nvidia is the world's most valuable company (again). What's next for the AI chip king?
▼ + stars: | 2024-11-11 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

One thing that's widely understood is the artificial intelligence revolution is still in its infancy, and Nvidia is the go-to company for what's needed to run AI workloads. Microsoft : "We expect capital expenditures to increase on a sequential basis, given our cloud and AI demand signals," CFO Amy Hood said. Put another way, can the world's most valuable company, at nearly $3.6 trillion, get even more valuable? On current numbers, Nvidia is trading at about 37x calendar year 2025 earnings estimates. Visitors check out Nvidia's AI technology at the 2024 Apsara Conference in Hangzhou, China, on September 19, 2024.

Persons: hasn't, Donald Trump's, Trump, Piper Sandler, Morgan Stanley, Nvidia's, NVDA, OpenAI's, we're, Anat Ashkenazi, Susan Li, Andy Jassy, Amy Hood, Hood, Piper, Blackwell, Hopper, Melius, –, Jensen Huang –, Jim Cramer's, Jim Cramer, Jim Organizations: Nvidia, Apple, Wall Street, White, Nvidia —, Melius, Blackwell, Trump, Google, AWS, Microsoft, Melius Research, Biden, CNBC, Visitors, Nurphoto, Getty Locations: China, CapEx, Beijing, U.S, Hangzhou

☆ There's a ton of upside to Nvidia's growth estimate next year, says Melius’ Ben Reitzes
▼ + stars: | 2024-10-14 | 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 EmailThere's a ton of upside to Nvidia's growth estimate next year, says Melius’ Ben ReitzesBen Reitzes, Melius Research head of technology research, joins 'Squawk Box' to discuss Nvidia's bull run, market outlook, demand for Blackwell, and more.

Persons: Melius ’ Ben Reitzes Ben Reitzes, Blackwell

☆ Cramer wants to buy more of this chipmaker, considers adding another cybersecurity stock
▼ + stars: | 2024-10-11 | by ( Matthew J. Belvedere | ) 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. During the Club's Morning Meeting, Jim Cramer said Wall Street is "starting earnings season off with a bang." Club stock Wells Fargo rose more than 5.5% after quarterly profit exceeded estimates. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m.

Persons: Jim Cramer, Jim, Melius, Jensen Huang, Morgan Stanley, CrowdStrike, Stocks, Tesla, Jim Cramer's Organizations: CNBC, AMD, Melius Research, Nvidia, Alto Networks, JPMorgan, Ferrari Locations: Wells, BlackRock

☆ Rideshare companies could expect competition from Tesla over time, says Melius Research's Cunningham
▼ + stars: | 2024-10-11 | 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 EmailRideshare companies could expect competition from Tesla over time, says Melius Research's CunninghamConnor Cunningham of Melius Research joins CNBC's 'The Exchange' to discuss why Uber and Lyft's stocks should not be bouncing after Tesla's robotaxi event, outlooks on rideshare stocks, and more.

Persons: Melius Research's Cunningham Connor Cunningham, Uber Organizations: Melius Research

☆ Our 3 chip stocks tend to finish the year strong — but 1 needs to play catch up
▼ + stars: | 2024-10-07 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Apple , Amazon , DuPont , and Constellation Brands all saw their ratings lowered by different Wall Street analysts. 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, Ben Reitzes, Melius, Duckhorn, Wells, Jim Cramer's, Jim Organizations: CNBC, ., Nvidia, Devices, Broadcom, Melius Research, VanEck Semiconductor, AMD, Apple, DuPont, Constellation Brands, Wall, Morning, Constellation, PepsiCo, Jim Cramer's Charitable Locations: NAPA, Wells Fargo

☆ Microsoft will be an early driver of AI agents, says Melius' Ben Reitzes
▼ + stars: | 2024-10-04 | 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 EmailMicrosoft will be an early driver of AI agents, says Melius' Ben ReitzesBen Reitzes, Melius Research head of technology research, joins 'Closing Bell: Overtime' to discuss tech, the next wave of AI and his outlook on the semiconductor sector.

Persons: Melius, Ben Reitzes Ben Reitzes Organizations: Microsoft

☆ Melius' Ben Reitzes on why Nvidia remains his top chip stock
▼ + stars: | 2024-09-27 | 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 EmailMelius' Ben Reitzes on why Nvidia remains his top chip stockBen Reitzes, Melius Research head of technology research, joins 'Squawk Box' to discuss the recent global chip stocks rally, AI chips demand outlook, his top chip stock pick, and more.

Persons: Ben Reitzes Organizations: Nvidia

Evercore ISI lowered its price target on Alphabet to $200 from $225 , citing antitrust worried. Analyst Atif Malik's $130 price target, up from $119, implies that the stock could rally 17% from here. The firm upgraded the software giant to a buy rating and hiked its price target to $210 from $155. The investing firm downgraded the online bank to neutral from buy and removed its $44 price target. — Lisa Kailai Han 5:49 a.m.: Evercore ISI trims Alphabet price target Alphabet's antitrust issues will limit upside going forward, according to Evercore ISI.

Persons: Atif, Malik, — Lisa Kailai Han, Ben Reitzes, Reitzes, BTIG, Vincent Caintic, Caintic, Lisa Kailai Han, KeyBanc, Justin Patterson, Patterson, GE Vernova, Julian Mitchell nodded, Mitchell, Mark Mahaney, Mahaney, Fred Imbert Organizations: CNBC, ISI, Barclays, GE Vernova, Citi, Oracle Melius Research, Oracle, Ally, Spotify, TAM, GE, General Electric, Electric Utilities, DOJ, Google, Microsoft, TAC Locations: Friday's, MI, United States, U.S

☆ Nvidia earnings: How to play the stock
▼ + stars: | 2024-09-11 | 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 EmailNvidia earnings: How to play the stockBen Reitzes, Melius Research head of technology research, joins 'Squawk Box' to discuss Nvidia's recent stock performance, if Nvidia's stock will track macroeconomic concerns, and much more.

Persons: Ben Reitzes

☆ Apple analysts shrug off Warren Buffett's big sale, remain bullish on the tech giant
▼ + stars: | 2024-08-06 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Warren Buffett's head-turning sale of his big Apple stake did not faze Wall Street analysts' conviction in the iPhone maker. Bank of America noted that Apple shares rallied 23% in the second quarter despite Berkshire's selling, showing the stock's strength. AAPL YTD mountain Apple Bernstein's Toni Sacconaghi believes Buffett started trimming Apple because the stock was getting too expensive for the value investor. Bernstein pointed out that Berkshire built most of its Apple position at a 15 times multiple, while selectively adding at 20 times earnings or below and trimming at 30 times earnings and above. Apple traded above 30 times earnings on average in the second quarter.

Persons: Warren Buffett's, Berkshire Hathaway, Tim Cook, America's Wamsi Mohan, Mohan, Buffett, Apple, Toni Sacconaghi, Sacconaghi, Bernstein, Ted Weschler, Todd Combs Organizations: Apple, Oracle, " Bank, America's, Bank of America, Apple . Berkshire, Wall, Research Locations: Omaha, Berkshire

☆ We're adding to this beaten-up chipmaker and would be buyers of a peer stock
▼ + stars: | 2024-08-02 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

Following the trade, Jim Cramer's Charitable Trust will own 700 shares of AVGO, increasing its weighting in the portfolio to 3.16% from 2.94%. The stock market is headed for another rough day as concerns about the economy grow. 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's, payrolls, Ben Reitzes, Dell, Lisa Su, Jim Cramer, Jim Organizations: Broadcom, AVGO, Federal Reserve, VMware, Intel, Melius Research, HP, AMD, CNBC Locations: U.S

☆ Long-term AI will 'eat a lot of software', says Melius' Ben Reizes
▼ + stars: | 2024-07-25 | 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 EmailLong-term AI will 'eat a lot of software', says Melius' Ben ReizesBen Reitzes, Melius Research Head of Technology Research, joins 'Closing Bell Overtime' to talk Google pulling back today on SearchGPT news.

Persons: Melius, Ben Reizes Ben Reitzes Organizations: Technology Research, Google

☆ China is the single biggest existential risk to chip stocks, says Melius’ Ben Reitzes
▼ + stars: | 2024-07-19 | 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 EmailChina is the single biggest existential risk to chip stocks, says Melius’ Ben ReitzesBen Reitzes, Melius Research head of technology research, joins 'Squawk Box' to discuss the state of the chips sector, risk posed by China, his favorite chip stocks, and more.

Persons: Melius ’ Ben Reitzes Ben Reitzes Organizations: China Locations: China

☆ Can Boeing get back to its glory days?
▼ + stars: | 2024-07-18 | by ( Leslie Josephs | ) www.cnbc.com time to read: +17 min

Then on Jan. 5, about six minutes and 16,000 feet into a packed flight out of Portland, Oregon, a door plug blew out of a nearly new Boeing 737 Max 9. The Federal Aviation Administration barred Boeing from increasing output of its Max planes and stepped up hands-on inspections at production plants. The 737 was dubbed "Baby Boeing" and went on to become the company's bestseller, helping to make Boeing the largest U.S. exporter. Pilots in those Boeing planes fought against a flight-control system, the Maneuvering Characteristics Augmentation System, that pushed the nose of the planes downward repeatedly. Boeing has said it aims to increase rates to about 50 Max planes a month in the next few years.

Persons: Joshua Roberts, Max, AeroSystems, Sen, Richard Blumenthal, Conn, Dave Calhoun, Boeing hasn't, Brian West, Aengus Kelly, Bob Jordan, I'm, Antonoaldo Neves, Calhoun, Steve Mollenkopf, Pat Shanahan, Donald Trump, Barack Obama, AerCap's Kelly, Mulugeta Ayene, we've, NASA —, Scott Kirby, McDonnell Douglas, Rob Spingarn, Kirby, Spirit Aerosystems, William Campbell, it's, It's, Howard McKenzie, Kevin Lamarque, Goldman Sachs, Noah Poponak, Alex Krutz Organizations: American Airlines Boeing, Reagan National, FAA, Reuters Boeing, Wall, Boeing, Justice Department, Alaska Airlines, National Transportation Safety Board, NTSB, Via Reuters Industry, Farnborough, Federal Aviation Administration, Airbus, JPMorgan, Etihad Airways, General Electric, Blackstone, Qualcomm, Lion, Ethiopian Airlines, Pilots, Justice, Reuters, NASA, Lion Air, CNBC, Research, Max, Spirit, Corbis, Jefferies, DOJ, Senate Homeland Security, Governmental Affairs, Capitol, Patriot Industrial Partners Locations: Los Angeles, United States, Washington , U.S, Portland , Oregon, Alaska, U.S, Maldives, Wall, United Kingdom, Boeing's, Emirates, Southwest, United, Indonesia, Addis Ababa, Bishoftu, Debre Zeit, Ethiopia, BOZEMAN , MT, Wichita , Kansas, Bozeman, Bozeman , Montana, Seattle, Chicago, Arlington , Virginia, Wichita, South Carolina, Washington

☆ We're buying back into a chipmaker that offers a new reason to own it
▼ + stars: | 2024-07-15 | by ( Jeff Marks | ) www.cnbc.com time to read: +6 min

Shortly after the opening bell, we will be initiating a position in Advanced Micro Devices , buying 150 shares at roughly $184.35. Following the trade, Jim Cramer's Charitable Trust will own 150 shares of AMD, representing 0.80% of the portfolio. In his Sunday column, Jim called this the new reason to own AMD. 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: Jim Cramer's, Jim, MI300X, Lisa Su, Su, —, Ben Reitzes, Jim Cramer Organizations: Devices, AMD, Charitable Trust, Broadcom, VMWare, Oracle, Club, Microsoft, Micron, Taiwan Semiconductor Manufacturing Company, Nvidia, Silo, Melius, FactSet, IDC, Gartner, CNBC Locations: Europe, Wednesday's Homestretch

☆ Watch CNBC's full interview with Ben Reitzes and Rohit Kulkarni
▼ + stars: | 2024-07-12 | 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 EmailWatch CNBC's full interview with Ben Reitzes and Rohit KulkarniBen Reitzes, Melius Research head of technology research, and Rohit Kulkarni, Roth MKM managing director, join 'Closing Bell Overtime' to talk the state of the AI trade as the market rally continues.

Persons: Ben Reitzes, Rohit Kulkarni Ben Reitzes, Rohit Kulkarni, Roth

☆ Amazon is playing catch up when it comes to AI, says Roth MKM's Kulkarni
▼ + stars: | 2024-07-12 | 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 EmailAmazon is playing catch up when it comes to AI, says Roth MKM's KulkarniBen Reitzes, Melius Research head of technology research, and Rohit Kulkarni, Roth MKM managing director, join 'Closing Bell Overtime' to talk the state of the AI trade as the market rally continues.

Persons: Roth, Kulkarni Ben Reitzes, Rohit Kulkarni

☆ The 'AI laggard' trade could be ready to work again, benefiting these stocks
▼ + stars: | 2024-07-09 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

We think so," Melius analyst Ben Reitzes said in a research report on Monday. We think infrastructure software may be harder to disrupt," the Melius analyst said. Apple, AMD and Intel should benefit from looming product cycles and an eventual easing of cloud capital expenditures spending, according to Reitzes. For Apple, the analyst believes consumers will favor its iPhone 16 out in September given its "Apple Intelligence" AI capabilities. His price targets on Intel and AMD suggest the stocks can advance some 16% and 22%, respectively, over the next year.

Persons: Ben Reitzes, Melius, Reitzes Organizations: Apple, AMD, Research, VanEck Semiconductor, Intel, IBM, Devices, Apple Intelligence Locations: Monday's, Turin

☆ Southwest Airlines shareholders puzzled by Elliott's activism can look to past campaigns for insight
▼ + stars: | 2024-07-06 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +12 min

Rather than sparking typical cheer on Wall Street, Elliott's campaign, spelled out in a 50-page presentation, led to confusion and concern among investors and customers. Several activism experts pointed to two of Elliott's past targets for insight into the hedge fund's strategy for Southwest: Suncor Energy in 2022 and Marathon Petroleum in 2019. Elliott partner John Pike, who is now leading the Southwest campaign, was involved in the firm's actions at both energy companies. Pike and portfolio manager Bobby Xu are leading Elliott's Southwest campaign. But in 2018, a few months after reaching an agreement with Elliott, Marathon announced it was only getting bigger.

Persons: David Paul Morris, Elliott, Bob Jordan, Gary Kelly, Elliott hasn't, Southwest's, John Pike, Haviv Ilan, Marc Benioff, Jordan, Pike, Bobby Xu, Vinson, Elkins, Mark Little, Elliott's Pike, Suncor's, Little, Rich Kruger, Candace Elliott, Marathon, Weeks, Gary Heminger, Mike Hennigan, Hennigan, hasn't, It's, isn't, Kelly, it's, Xu, — CNBC's Leslie Josephs Organizations: Southwest Airlines, Oakland International Airport, Bloomberg, Getty, Elliott Management, Southwest, Melius Research, Suncor Energy, Marathon Petroleum, Marathon, Etsy . Texas, of America, Suncor's Petro, Canada, Canadian, Petro - Canada, Petro, Exxon Mobil, Reuters, Speedway, Elliott, Company, Heminger, Artisan Partners, Suncor, Southwest Airlines Pilots Association, CNBC Locations: Oakland , California, Dallas, Suncor, New York, West Palm Beach , Florida, Etsy, Canada, Sherwood Park , Alberta, Marathon, Southwest

☆ Expect Nvidia to deliver more cash to shareholders, says Melius' Ben Reitzes
▼ + stars: | 2024-06-26 | 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 EmailExpect Nvidia to deliver more cash to shareholders, says Melius' Ben ReitzesBen Reitzes, Melius Research, joins 'Fast Money' to talk recent Nvidia price action, Nvidia;s shareholder meeting, adn why he is raising his price target.

Persons: Melius, Ben Reitzes Ben Reitzes Organizations: Nvidia

☆ EU allegations against Apple are worrisome but not a game-changer for the stock
▼ + stars: | 2024-06-24 | by ( Morgan Chittum | ) www.cnbc.com time to read: +4 min

Apple could face EU fines of up to 10% of the company's total global revenue if found in violation of the DMA's competition policies. Ultimately, though, JPMorgan analysts said Monday that Apple's AI features delay overseas would have little impact on financials. AAPL YTD mountain Apple YTD Overall, Apple stock has had a rocky 2024 performance. Apple CEO Tim Cook delivers remarks at the start of the Apple Worldwide Developers Conference (WWDC) on June 10, 2024 in Cupertino, California. Apple will announce plans to incorporate artificial intelligence (AI) into Apple software and hardware.

Persons: Apple, Jim Cramer, it's, Jim, Melius, Siri, Pro Max, Jim Cramer's, Tim Cook, Justin Sullivan Organizations: Apple, European Union, CNBC, JPMorgan, The Club, Huawei, Developers, Pro, Apple Worldwide Developers Locations: Europe, Apple's, China, Cupertino , California

☆ 10 things to watch in the stock market Friday including more optimism on Apple's AI plan
▼ + stars: | 2024-06-21 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Meanwhile, Melius Research upped its price target on the leading artificial intelligence chipmaker to $160 a share from $125. Their new price target is $477 a share, down from $535. DA Davidson started coverage of Club name Palo Alto Networks with a buy rating and price target of $380 a share. Snowflake 's price target at Wells Fargo was lowered to $200 a share from $225, though analysts kept their buy rating on the data-analytics stock. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Stocks, Dow, Oppenheimer, Bernstein, Toni Sacconaghi, It's, Northrop Grumman, Analysts, Davidson, billings, Morgan Stanley, Frank Slootman, Jim Cramer's, Jim Cramer, Jim Organizations: Nasdaq, Nvidia, Research, Nike, Analysts, Apple, Northrop, Palo Alto Networks, Alcoa, JPMorgan, Kroger, Jim Cramer's Charitable, CNBC Locations: Freeport, McMoRan, Wells

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