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☆ Stock futures are little changed as earnings season gains steam: Live updates
▼ + stars: | 2024-10-21 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Stock futures were flat in overnight trading after the Dow Jones Industrial Average snapped a three-day winning streak. The S&P 500 declined about 0.2%, while the Nasdaq Composite added close to 0.3%. Investor attention remains fixated on third-quarter earnings season, with about one-fifth of the S&P 500 slated to report results this week. "It is good to see analysts getting realistic about 2025 earnings growth," she said. "However, at 15% earnings growth, we believe it is still too optimistic given the expectation for slower economic growth in 2025."

Persons: Dow, Zions, Megan Horneman, Lockheed Martin Organizations: New York Stock Exchange, Stock, Dow Jones, Dow, Nasdaq, SAP, America, Verdence Capital Advisors, Lockheed, General Motors, Verizon, Tesla, IBM, Boeing

☆ AT&T beats estimates for subscriber additions on demand for higher-priced plans
▼ + stars: | 2024-07-24 | by ( ) www.cnbc.com time to read: +1 min

Pedestrians walk by a logo in front of an AT&T store on June 20, 2023 in San Francisco, California. AT&T exceeded market expectations for wireless subscriber additions in the second quarter on Wednesday, as the telecom operator's higher-tier unlimited plans attracted customers. The company added 419,000 monthly bill-paying wireless phone subscribers, compared with expectations of 284,800 additions, according to five analysts polled by FactSet. AT&T's unlimited plans that are usually priced lower than those of rivals have helped the company add budget-conscious customers amid tough competition from T-Mobile and Verizon . AT&T, one of the largest telecom operators in the U.S., was troubled by data breaches and hours-long outages this year.

Organizations: FactSet, Mobile, Verizon, Mobility, U.S . Federal Communications Commission Locations: San Francisco , California, U.S

☆ Want steady, passive income? Buy these dividend stocks with higher yields, Wall Street says
▼ + stars: | 2024-02-21 | by ( Weizhen Tan | ) www.cnbc.com time to read: +4 min

Dividend stocks came under the spotlight after Meta unexpectedly announced a dividend for the first time. BofA has also been bullish on dividend stocks lately, saying investors may flock back to such stocks for income if yields fall this year, in turn driving up this segment of stocks. Wall Street and other pros share their tips on how to pick good dividend stocks and what names will generate sustainable income. In fact, using that strategy mitigates the risk of relying only on dividend income if higher rates affect dividend distributions, according to Stutland. "This combination provides a buffer against future interest rate hikes and offers the possibility of capital appreciation alongside dividend income."

Persons: Meta, BofA, Brian Stutland, Stutland, Goldman, Stocks, It's, — CNBC's Michael Bloom Organizations: CNBC Pro, Morningstar, Walmart, Target, Depot, Verizon, Treasury

Analyst Oliver Chen also maintained his buy rating for Ulta stock, simultaneously lifting his price target to $580 from $570. Deutsche Bank: Reiterate buy rating and $450 price target, implying 10% upside. Kallo's price target of $300 implies that Tesla stock could rally more than 56% from its Tuesday closing price. Citi analyst Christopher Danely also stood by his buy rating on the stock while lifting his price target to $192 from $136. Analyst Jeffrey Adelson downgraded the company to underweight from equal weight and cut his price target to $6.50 from $7.

Persons: Morgan Stanley, TD Cowen, Ulta, Oliver Chen, ULTA, Chen, — Lisa Kailai Han, Goldman Sachs, Kash Rangan, Baird, Tesla, Ben Kallo, Elon Musk's, Toshiya Hari, Hari, Christopher Danely, Vivek Arya, Danely, Arya, Harlan Sur, Kannan Venkateshwar, Venkateshwar, Eric Sheridan, Sheridan, Justin Post, Ross Sandler, Sandler, Ronald Josey, Josey, Morgan Stanley downgrades, Jeffrey Adelson, Adelson, SOFI, SoFi, Fred Imbert Organizations: CNBC, Google, Microsoft, SoFi Technologies, Deutsche Bank, Citi, Barclays, Tesla, Devices, Wall Street, AMD, Bank of America, Barclays downgrades Verizon Barclays, Verizon, Venkateshwar, Bulls, Morgan Stanley downgrades SoFi Locations: Ulta

☆ Jim Cramer tells investors to hold out on buying until after interest rates rise
▼ + stars: | 2023-10-24 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer on Tuesday told investors they may be wise to hold out on buying until interest rates rise and resulting sell-offs make stocks cheaper. "For now, your best bet is to wait for the next move up in interest rates, which will trigger the next sell-off in stocks — that's when you buy," Cramer said. Cramer suggested there is a "schism" between what certain companies are truly worth versus where their stocks are currently trading. With the exception of GE, Cramer said these companies seemed to be performing poorly but saw rallies after their reports. Cramer said it's not worth the risk of "betting on a beat and raise quarter" that may rely on the performance of S&P 500 futures.

Persons: CNBC's Jim Cramer, Cramer, it's, You've Organizations: Electric, Verizon, GE

☆ Cramer gives his "haves" and "have nots" of the earnings season
▼ + stars: | 2023-07-13 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

It's earnings season, and CNBC's Jim Cramer is giving you his list of haves and have nots. On Thursday, Cramer listed the companies and sectors he thinks are currently thriving on the market alongside the ones he believes are not. Many of these companies, Cramer said, are thriving due to their focus on AI, especially Alphabet, Microsoft and Nvidia. Cramer highlighted a few other contenders also doing well in the tech space like Oracle , Salesforce and Adobe . When it comes to the have nots, Cramer pointed to phone companies, specifically AT&T and Verizon .

Persons: Jim Cramer, Cramer, what's, Wynn, Darden, Kohl Organizations: Microsoft, Apple, Meta, Nvidia, Tesla, Adobe, MGM, Verizon, Nordstrom Locations: Chipotle

One of the really interesting questions here – this will be fascinating – the core of linear TV is sports rights. When you look at the size and scope of the linear TV business, it's huge. Patrick T. Fallon | Afp | Getty ImagesByron Allen, Entertainment Studios founder and CEO: I think linear TV will exist for a very, very long time. Simmons: I believe Apple, out of nowhere, will start making their own awesome televisions that have Apple TV embedded in them. We are witnessing early stages of this dynamic with deals like "NFL Sunday Ticket" on YouTube and the MLS deal with Apple TV.

☆ The Dogs of the Dow beat the market in 2022. Here's how the list shapes up for next year
▼ + stars: | 2022-12-30 | by ( Jesse Pound | ) www.cnbc.com time to read: +2 min

The Dogs of the Dow strategy proved to be a winner in 2022, as investors turned away from growth stocks and looked instead for value companies and dividends. The 2022 list showed a big dispersion in performance. Heading into 2023, growth stocks and the tech-centric Nasdaq have been sliding, suggesting that the outperformance of value stocks may not be over. There are few changes to next year's Dogs list, which is headlined by Verizon . Both of those trades worked really well in 2022, and we think they'll continue to do well in 2023," Simpson said.

☆ GM EV unit BrightDrop expects $1 billion in 2023 revenue, mass production of all-electric delivery vans to start in December
▼ + stars: | 2022-11-17 | by ( Frank Holland | In | ) www.cnbc.com time to read: +2 min

BrightDrop estimates that operating one of its Zevo all-electric delivery vans costs approximately $10,000 less than a comparable internal combustion engine vehicle. The announcement, tied to General Motors' investor day on Thursday, is the first time BrightDrop has released revenue numbers. BrightDrop CEO Travis Katz says he's "charged up" about 2023 and the forecast for the General Motors EV unit to top $1 billion in revenue in 2023. So they're really looking for help and we're going to help the world's largest companies meet those goals," Katz said. "What we're hearing is when you have dual forces of wanting to meet climate goals, and wanting to save money, it's a win-win.

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