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☆ Here are Monday's biggest analyst calls: Tesla, Nvidia, Apple, Oracle, Carvana, Micron, Sprouts, Zillow, Coca-Cola & more
▼ + stars: | 2024-09-16 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are the biggest calls on Wall Street on Monday: Evercore ISI reiterates Alphabet as outperform Evercore says it's sticking with shares of the search giant. Morgan Stanley reiterates Micron as equal weight Morgan Stanley lowered its price target on the stock to $100 per share from $140. Morgan Stanley reiterates Tesla overweight Morgan Stanley says it's sticking with its overweight rating heading into Tesla's robotaxi day on Oct. 10. Morgan Stanley upgrades Ase Technology to overweight from equal weight Morgan Stanley said in its upgrade of Ase that the chipmaker's stock is defensive. Morgan Stanley upgrades Chart Industries to overweight from equal weight Morgan Stanley says the gas liquefication company has "significant exposure to both energy transition and renewables as well as traditional energy."

Persons: Evercore, Morgan Stanley, Tesla, Simon, Eaton, Wells, Pro Max, Carvana Evercore, Jack Sinclair, Curtis Valentine, Merchant Scott Neal, BTIG, Truist, Melius Organizations: DOJ, Micron, Technology, Industries, Citi, downgrades Colgate, Palmolive, CL, Barclays, GE, GE Vernova, JPMorgan, Apple, Pro, Ally, Mizuho, Oracle, " Bank of America, Nvidia, Bank of America Locations: Tesla's, Staples

☆ Magician Dan Chan shares how he grew his portfolio from $276,000 to over $1 million in under 8 years — without any tricks
▼ + stars: | 2024-08-24 | by ( James Faris | ) www.businessinsider.com time to read: +7 min

A magician rarely reveals his tricks, but in a recent interview, Chan told BI about his simple but unconventional investing strategy. From breathtaking magic to eye-popping returnsAfter missing out on a once-in-a-lifetime opportunity, Chan took a harder route to striking it rich. Around the same time he joined PayPal, he started performing magic shows. AdvertisementFast-forward a few decades to March 2020, when stay-at-home orders threatened to sideline Chan's business. How to invest like a magician — and the company he's nearly all-in onThere's no smoke and mirrors behind Chan's returns.

Persons: —, Dan Chan, Chan, Merrill Lynch, David Copperfield, David Blaine, Elon Musk, George Lucas, Paula Abdul, Green, he's, He's, Chan's, Chan doesn't, shouldn't, Jensen Huang, Jensen, I've, Mark Zuckerberg Organizations: Service, Business, PayPal, Costco, Nvidia, Facebook, Google, YouTube Locations: Bay, what's

☆ Fed Chair Powell checks the box, and our rate sensitive stocks react accordingly
▼ + stars: | 2024-08-23 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

In recent weeks, Wall Street has placed greater emphasis on jobs data as investors try to gauge the health of the U.S. economy. As we've seen at various points this summer, political developments may also be influencing moves on Wall Street. 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, Jerome Powell's, Powell, Stanley Black, Decker, Jim, It's, chipmaker's, Kamala Harris, Harris, Jim Cramer's Organizations: CNBC, Federal, Jackson, Decker, Nvidia, Blackwell, Democratic National Convention, Jim Cramer's Charitable Locations: U.S

☆ Bitcoin miner Core Scientific rides AI from bankruptcy to $6.7 billion partnership in eight months
▼ + stars: | 2024-08-06 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +1 min

In January, U.S. bitcoin miner Core Scientific was bankrupt and battling angry lenders. Core Scientific will deliver an additional 112 megawatts of computing infrastructure to support CoreWeave's operations. Core Scientific said the deal will generate an additional $2 billion in revenue over 12 years, on top of an existing arrangement that's expected to bring in $4.7 billion. In total, the company plans to provide about 382 megawatts of infrastructure to CoreWeave by the first half of 2026, with the possibility of adding 118 megawatts at other Core Scientific sites. "We've seen tremendous growth since our emergence in January and have been laser focused on developing best-in-class digital infrastructure," Core Scientific CEO Adam Sullivan told CNBC.

Persons: We've, Adam Sullivan Organizations: Nvidia, CNBC

☆ Dan Niles bought more Nvidia during the sell-off, says it can double from here as AI builds out
▼ + stars: | 2024-08-02 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

Nvidia shares can double from these levels, according to portfolio manager Dan Niles. That's why he's been buying more of the chipmaker as its stock has been pummeled during the recent sell-off. "We think they're going to have a beat-and-raise quarter." Nvidia shares dropped nearly 7% on Thursday, building on a 5.3% loss in July. Niles believes the AI story for Nvidia has more room to run, noting that shares don't look so expensive when adjusting for its growth rate.

Persons: Dan Niles, he's, CNBC's, Niles, we've Organizations: Niles Investment Management, Nvidia, Cisco Systems

☆ Stocks making the biggest moves midday: Boeing, Vistra, Match Group and more
▼ + stars: | 2024-07-31 | by ( Sean Conlon | ) www.cnbc.com time to read: +5 min

Match Group — Shares of the Tinder dating app owner moved 13% higher after the company posted second-quarter revenue of $864 million. That is above the $856.5 million estimate that analysts polled by FactSet had expected. Revenue, however, came in below expectations at $6.48 billion, compared to the $6.55 billion analysts polled by FactSet had expected. Marriott reported $6.44 billion, which was below the $6.47 billion analysts polled by FactSet had expected. Bunge — The food stock moved nearly 8% lower after the company posted second-quarter results that missed analysts' expectations.

Persons: Vistra, FactSet, LSEG, Dan Dolev, AutoNation, Kraft Heinz —, Bunge, Robert " Kelly, Ortberg, Dave Calhoun, Rockwell Collins, —, Alex Harring, Samantha Subin, Lisa Kailai Han, Hakyung Kim, Jesse Pound, Michelle Fox Organizations: FactSet, Nuclear Regulatory Commission, Nuclear, AMD, Nvidia, Qualcomm, Arista Networks, Mizuho, DuPont de Nemours, DuPont, Humana, Starbucks, LSEG, Marriott, Constellation Energy, Constellation, Boeing, Rockwell, Collins Aerospace Locations: Texas, Japan, Korea, Tuesday's

☆ Stocks making the biggest moves premarket: Pinterest, Match Group, Advanced Micro Devices and more
▼ + stars: | 2024-07-31 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +6 min

Advanced Micro Devices — Shares popped nearly 9% after the chipmaker's earnings and revenue beat analyst estimates postmarket Tuesday. AMD reported adjusted earnings of 69 cents per share versus 68 cents expected from analysts polled by LSEG. Live Nation Entertainment — The entertainment stock was little changed after posting second-quarter revenue that matched expectations. But revenue of $6.48 billion was below the $6.55 billion analysts had expected, according to FactSet. Marriott International — The hotel chain slipped 4% after posting second-quarter revenue of $6.44 billion, below the $6.47 billion expected by analysts polled by FactSet.

Persons: DuPont, LSEG, Pinterest, FactSet, Dan Dolev, Kelly Ortberg, Dave Calhoun, AutoNation, StreetAccount, Kraft Heinz —, Greg Heckman, —, Brian Evans, Michelle Fox, Fred Imbert, Spencer Kimball, Tanaya Macheel, Jesse Pound, Samantha Subin Organizations: DuPont, Intel, Bloomberg, Microsoft, AMD, LSEG, Revenue, Nvidia, ASML, Arista Networks, Arista, Starbucks, Mizuho, Boeing, Collins Aerospace, Entertainment, Humana, Marriott, FactSet, Mobile, Nuclear Regulatory Commission, Nuclear, Constellation Energy, Constellation, Bunge Locations: Tuesday's, FactSet, Texas, U.S

☆ AMD jumps on earnings report that validates our decision to reinvest in the stock
▼ + stars: | 2024-07-30 | by ( Jim Cramer | ) www.cnbc.com time to read: +9 min

AMD sold off on its first-quarter earnings report due in large part to its MI300 sales guidance falling short of sky-high expectations. Nvidia remains the dominant player in AI chips, but AMD is continuing to carve out a lane in the rapidly expanding market. Among the highlights, Su said Microsoft has expanded its use of the AI chips for certain software applications, including messaging app Teams. AMD's data center business is now nearly 50% of companywide revenues, up from 37% in the fourth quarter of 2023. Within data center, sales of both AI chips and traditional server chips will grow in the third quarter, Su said.

Persons: Lisa Su, Su, Jim Cramer, it's, —, FactSet, Jim Cramer's, Jim, Cheng Organizations: Revenue, AMD, Intel, Nvidia, Broadcom, Club, Microsoft, CNBC, Micro Devices, Afp, Getty Locations: Taipei

☆ Why Jim Cramer expects 3M to remain a 'big winner' — plus, his thoughts on 4 more stocks
▼ + stars: | 2024-07-29 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +2 min

Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. 3M: Shares were slightly lower Monday, giving back some of their 23% surge Friday on the back of a better-than-expected quarter and raised outlook. New CEO Bill Brown, who took over at the industrial firm May 1, had success at L3Harris Technologies and "will be a big winner here," as well, Jim Cramer said. McDonald's : Shares rose 4% despite the fast-food giant reporting weaker-than-expected earnings and revenue along with same-store sales declines. That's the stuff that's moving up" while buzzier chip stocks tied to artificial intelligence, such as Arm Holdings , are struggling, Cramer explained.

Persons: Jim Cramer's, Bill Brown, Jim Cramer, Cramer Organizations: CNBC, Club, L3Harris Technologies, Bristol Myers Squibb, Semiconductor, Wall, Texas Instruments, Arm Holdings, Colgate, Palmolive

☆ 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

☆ Bye-bye bitcoin, hello AI: Texas miners leave crypto for next new wave
▼ + stars: | 2024-07-18 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +7 min

watch nowThere are a lot of synergies between the bitcoin mining and AI infrastructure businesses. watch nowBeefing up the gridFor years, Crusoe's work has been virtually synonymous with the bitcoin mining industry. But Crusoe's Lochmiller told CNBC that AI infrastructure has actually been part of the vision since the company's founding six years ago. Back in 2018, Fenn says that the only load that was a good fit for this was bitcoin mining. "That has all changed now, with AI data centers optimized for massive scale energy availability, cost, and greenness.

Persons: Nolan, Robert Daemmrich, Ali Fenn, Chase Lochmiller, Crusoe's, JPMorgan Chase, Asher Genoot, Riley, CoreWeave, Crusoe's Lochmiller, Lancium's Fenn, Lancium, Fenn Organizations: Corbis, American, Energy Systems, CNBC, Mining, JPMorgan, Nvidia, CoreWeave, Core, ExxonMobil, Crusoe Industries, Miners Locations: Buffalo, Taylor, Abilene , Texas, West Texas, Abilene, Houston, Denver, U.S, Iceland, Miami, North Dakota, Texas

☆ A big European asset manager trims Nvidia shares after huge rally
▼ + stars: | 2024-07-15 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

DNB Asset Management, a Nordic fund giant managing nearly $90 billion as of the end of 2023, dumped a sizable portion of its Nvidia stake after the chipmaker's stunning 2024 run, according to a new regulatory filing. The sale came after Nvidia's jaw-dropping rally that pushed its market valuation above $3 trillion. Still, the rally in Nvidia has recently shown has signs of exhaustion as 2024's bull run broadened out to the unloved pockets of the market. DNB, with about 100 investment funds, had around $88 billion in assets under management as of 2023, according to the firm's website. The European giant had most of its top 10 holdings in the so-called Magnificent Seven stocks, including Microsoft , Alphabet , Nvidia, Amazon , Apple and Meta Platforms.

Persons: Jensen Huang Organizations: Nvidia, U.S . Securities, Exchange Commission, Microsoft, Apple

☆ Here's why KeyBanc analysts see more than 40% upside for Nvidia stock
▼ + stars: | 2024-07-09 | by ( Morgan Chittum | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. KeyBanc raised its price target on the Club chipmaker's stock to $180 per share from $130. New research indicated that tirzepatide, the active ingredient in Lilly's Mounjaro for diabetes and Zepbound for weight loss leads to more weight loss than Novo Nordisk's semaglutide. 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, Goldman Sachs, Piper Sandler, —, KeyBanc, Eli Lilly, Lilly, Jim Cramer's, Jim Organizations: CNBC, Nasdaq, Apple, Big Tech, Nvidia, Club, Blackwell, Novo Nordisk's semaglutide

☆ Nvidia shares are rebounding. Here are the top analyst calls on the chipmaker this week
▼ + stars: | 2024-07-05 | by ( Katrina Bishop | ) www.cnbc.com time to read: 1 min

Nvidia shares rose this week, bouncing back after a volatile period . The chipmaker's shares rose 3.84% ahead of the July 4 holiday. The stock remains an analyst favorite, with 89% of analysts covering it giving it a buy or overweight rating, and the remaining 11% giving it a hold rating. Thursday's mean analyst target price of $129.01 gives the stock around 0.6% upside potential. In case you missed it, here's a round-up of all the top Nvidia analyst calls and more from CNBC Pro this week:

Organizations: Nvidia, CNBC Pro

☆ Wall Street analysts say this slide in Micron is a buying opportunity for AI play
▼ + stars: | 2024-06-27 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Investors should consider using the pullback in Micron Technology to snatch up shares, according to several Wall Street analysts. His $175 price target implies upside of more than 22% from Wednesday's close. Goldman Sachs analyst Toshiya Hari also viewed the drop as a buying opportunity, citing expectations for growth in AI compute and high-bandwidth memory market share gains. Hari has a price target of $158, signaling 11% upside over the next 12 months. MU 1D mountain Micron shares fall on in-line guidance Wells Fargo's Aaron Rakers reiterated his overweight rating and $190 price target, implying more than 33% upside.

Persons: Christopher Danely, Goldman Sachs, Toshiya Hari, Hari, Harlan Sur, Bernstein, Mark Li, Timothy Arcuri, Wells Fargo's Aaron Rakers, Vivek Arya Organizations: Micron Technology, MU, Micron, UBS, Bank of Locations: Wednesday's, CY25, ramping HBM

Bitcoin mining companies have expansive data centers, with access to fiber lines and large amounts of power across the U.S. They're exactly the types of facilities needed for compute-intensive AI operations, which means their sites and technology are in high demand. Core Scientific will deliver 70 megawatts of computing infrastructure to support CoreWeave's operations. Earlier this month, CoreWeave offered to buy Core Scientific for $1.02 billion, not long after their initial agreement. Core Scientific rejected the bid.

Persons: JPMorgan Chase, CoreWeave, Adam Sullivan Organizations: JPMorgan, Core, Nvidia

☆ Why Apple's focus on AI privacy could help fuel the next iPhone upgrade cycle
▼ + stars: | 2024-06-26 | by ( Morgan Chittum | ) 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. Apple shares jumped 2% Wednesday after Rosenblatt Securities upgraded the iPhone maker to a buy rating from hold. 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, Cantor Fitzgerald, Jim, Tim Cook, Morgan Stanley, Wells, Jefferies, Jim Cramer's Organizations: CNBC, Nasdaq, Big Tech, Apple, Nvidia, Rosenblatt Securities, Federal Locations: Wells Fargo

☆ Nvidia: Here's why Cantor Fitzgerald raised its price target on the stock
▼ + 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 EmailNvidia: Here's why Cantor Fitzgerald raised its price target on the stockC.J. Muse, Cantor Fitzgerald analyst, joins 'Squawk on the Street' to discuss Nvidia before the chipmaker's shareholder meeting.

Persons: Cantor Fitzgerald Organizations: Nvidia

☆ U.S. chip curbs in Middle East just 'business as usual,' Ooredoo CEO says after Nvidia deal
▼ + stars: | 2024-06-26 | by ( Emma Graham | ) www.cnbc.com time to read: +4 min

Washington does allow the export of some Nvidia chips to the region, and Nvidia, AMD and Intel have all indicated plans to create less powerful chips for export to the Chinese market. Ooredoo earlier this week signed a partnership with Nvidia , marking the chipmaker's first large-scale entry into the Middle East market. Qatari telecoms provider Ooredoo told CNBC Wednesday that its new tie-up with Nvidia is compliant of all U.S. regulations and will still allow it to have access to the latest technology. Ooredoo told CNBC that the deal is compliant of all U.S. regulations. Ooredoo also committed to investing $1 billion to boost its regional data center capacity even before announcing its partnership with Nvidia.

Persons: Ooredoo, Aziz Aluthman Fakhroo, CNBC's Dan Murphy Organizations: Nvidia, AMD, Intel, United, Ooredoo, CNBC, United Arab Emirates, Microsoft, Qatar Investment Authority Locations: United States, China, Qatar, Kuwait, Oman, Algeria, Tunisia, Maldives, Qatari, Washington, Abu Dhabi

NEW YORK, June 25 (Reuters) - Shares of Nvidia (NVDA.O) New Tab , opens new tab surged nearly 7% on Tuesday, snapping out of a three-session tailspin that had erased about $430 billion from the artificial intelligence chipmaker's market value. Nvidia's shares finished at $126.09, after a tumble that saw them lose around 13% from their June 18 close of $135.58. The logo of Nvidia Corporation is seen during the annual Computex computer exhibition in Taipei, Taiwan May 30, 2017. Bullishness on Nvidia was evident in the options market, though the stock's recent share price slide appears to have made traders more cautious. New Tab , opens new tabSave Share XFacebookLinkedinEmailLink Purchase Licensing Rights

Persons: Tom Hayes, it's, Hayes, Tyrone Siu, Tom Plumb, Plumb, you've, Mario Iachini, Chibuike Oguh, Saqib Iqbal Ahmed, Suzanne McGee, Medha Singh, Lewis Krauskopf, Ira Iosebashvili, Chris Reese, Aurora Ellis, David Gregorio Our Organizations: YORK, Nvidia, Great, Nvidia Corporation, REUTERS, Plumb Funds, Ortex Technologies, Vanda Research, Thomson Locations: New York, Taipei, Taiwan

☆ Nvidia slides 13% in three days after briefly becoming most valuable company
▼ + stars: | 2024-06-24 | by ( Kif Leswing | ) www.cnbc.com time to read: +2 min

Since briefly becoming the world's most valuable company last week, Nvidia has dropped for three consecutive trading days and is now down 13% from its peak. Nvidia's decline brought with it a slide in chipmakers and other tech companies that have been tied to the artificial intelligence boom. Super Micro Computer , which sells servers packed with Nvidia's AI chips, slid 8.7 percent, and Dell , which competes in that market, fell 5.2%. Last week, it topped Apple and Microsoft as the most valuable U.S. company with a market capitalization over $3 trillion before giving up some of those gains. Later this year, Nvidia will start shipping its next-generation AI chips, called Blackwell, that some analysts say could kick off another cycle with significant growth for the chipmaker and its partners.

Persons: it's, Stephanie Link, Blackwell, Ray Wang Organizations: Nvidia, Micro Computer, Dell, Qualcomm, Broadcom, Apple, Microsoft, CNBC, Google, Oracle, Meta, Constellation Research Locations: U.S

☆ Eli Lilly's treatment for obesity and diabetes looks promising for another severe condition
▼ + stars: | 2024-06-24 | by ( Morgan Chittum | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. "This is what the bears should be most worried about, which is the [market] broadening out," Jim Cramer said Monday. 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, Morgan Stanley, Wells Fargo, Eli Lilly, Jim, Jim Cramer's Organizations: CNBC, Dow, Nasdaq, Honeywell, Coterra Energy, Nvidia, Microsoft, U.S

Citi analyst Andrew Kaplowitz upgraded his rating for the heating and ventilation company to buy from neutral. The analyst accompanied the move by upping his price target to $74 from $65, implying that shares of Carrier Global could rally 17% going forward. The financial institution raised its price target for Nvidia to $150 from $135. Analyst Erin Wright stood by her overweight rating on the health insurance stock, reiterating her $595 price target. Wright set a price target of $374, which is 23% higher than the insurance company's Friday closing price of $355.48.

Persons: Goldman Sachs, Andrew Kaplowitz, CARR, Kaplowitz, — Lisa Kailai Han, Jefferies, Blayne Curtis, kingmaker, Curtis, Lisa Kailai Han, Morgan Stanley, UnitedHealth, Morgan Stanley's, Erin Wright, Wright, Bernstein, Stephen Reitman, Ferrari, Reitman, Ferrari's, Sanjeet Aujla, Aujla, BUD, Christopher Danely, Danely, James Schneider, Schneider, Fred Imbert Organizations: CNBC, Monday, Citi, Micron Technology, IBM, Carrier Global, Carrier, Nvidia, Humana, Ferrari, UBS, Anheuser, Busch InBev It's, Busch InBev, Micron, Citi Citi, Dow Jones Industrial, Dow Locations: China, UnitedHealth, U.S, Friday's

☆ JPMorgan raises its EPS estimates for Apple, says stock could rise another 13%
▼ + stars: | 2024-06-18 | by ( Morgan Chittum | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. "We don't want to be too greedy after a parabolic move," said Jeff Marks, the CNBC Investing Club's director of portfolio analysis. 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, Jeff Marks, We're, Jim Cramer's, MSFT, DOV, Jim Organizations: CNBC, Broadcom, JPMorgan, Apple's Worldwide, Conference, Wall Locations: U.S, Dover

☆ 10 things to watch in the stock market Tuesday including Nvidia price-target hikes
▼ + stars: | 2024-06-18 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

JPMorgan boosted its price target on shares of Apple to $245 each from $225 after the firm raised iPhone volume expectations in 2025 and 2026 due to artificial intelligence upgrades. More price-target hikes for Nvidia : Wells Fargo went to $155 a share from $125 at Wells Fargo while Rosenblatt Securities went to $200 from $140. Piper Sandler called the sell-off in Celsius Holdings overdone and reiterated its $90 price target and buy-equivalent rating. Meanwhile, Stifel increased its price target on the memory chipmaker's stock to $165 a share from $145 ahead of earnings June 26. Netflix 's price target raised to $750 a share from $700 by analysts at Loop Capital.

Persons: Wells Fargo, Piper Sandler, Kroger, Lennar, Netflix's, Jim Cramer's, Jim Cramer, Jim, Nvidia Piper Sandler, Merck Micron Lennar Piper Sandler Organizations: JPMorgan, Apple, Nvidia, Rosenblatt Securities, Holdings, BMO Capital, Kroger, Albertsons, Merck, Food and Drug Administration, Investors, Micron, Bank of, Netflix, Loop, NFL, Jim Cramer's Charitable, CNBC, Holdings BMO Capital, Merck Micron Locations: Wells, Bank of America's, Miami, U.S

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