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Earnings season is giving analysts plenty to chew on as they learn more about the impact of macro challenges on companies. Though Wall Street is watching short-term stock moves spurred by quarterly results, the top analysts have their eyes on companies' long-term prospects. Bearing that in mind, here are three stocks favored by the Street's top pros, according to TipRanks, a platform that ranks analysts based on their past performance. Despite Netflix's growth investments, the analyst expects an improvement in operating margin this year and beyond. Looking ahead, the analyst is positive about the company's ability to maintain annual revenue growth in the mid-teens, along with a very capital-efficient growth model.
Persons: Brian Pitz, Pitz, TipRanks, Goldman Sachs, Mark Delaney, Delaney, Baird, David Tarantino, Tarantino Organizations: Netflix Netflix, BMO Capital, Netflix, CTV, General Motors, EV, TAM, U.S Locations: U.S, Canada, North America
Opinion: What made Duke Ellington a true genius
  + stars: | 2024-04-27 | by ( Opinion Sammy Miller | ) edition.cnn.com   time to read: +8 min
CNN —This spring marks both the 50th anniversary of Duke Ellington’s death, and what would have been his 125th birthday. I use their particular ways of expressing themselves and it all becomes part of my own style.”To know Duke Ellington is to know his band — although few can name its other members today. Composer and bandleader Duke Ellington hovers over fellow pianist and band member Billy Strayhorn in this 1948 photograph. “Ellington plays the piano, but his real instrument is the band,” Strayhorn said. If it involved music, Ellington gave it a shot, always with his band in tow.
Persons: Sammy Miller, Duke Ellington’s, Duke ”, Ellington, , ” Ellington, Duke Ellington, Sonny Greer, Greer, Miley, Jimi Hendrix’s, Harry Carney, Billy Strayhorn, Strayhorn, “ Ellington, ” Strayhorn, , Juan Tizol, Lawrence Brown, Clark Terry, Organizations: Juilliard, CNN, New, Washington D.C, Harlem Renaissance, Ellington, Getty Locations: Harlem, New York, Washington, New Orleans, Pittsburgh, Sugar
Ten years ago this week, The New York Times introduced the Upshot, a section devoted to explaining “politics, policy and everyday life.” That’s a wide scope, by design. As a result, more than 5,000 articles later, the Upshot has been many things to many readers. To mark our 10th birthday, we’ve collected 100 stories that embody the Upshot. WordleBot Eden Weingart/The New York Times When Wordle first became popular, several people on the internet claimed, plausibly, that they had come up with the “best” opening word. Force of Ship Impact Was on the Scale of a Rocket Launch Erin Schaff/The New York Times We think of the Upshot as a place where back-of-the-envelope calculations can be both helpful and welcome.
Persons: , Nate Cohn’s, we’ve, Kevin Quealy, John Branch, John, Patrick Thomas, tut, Trump, pollsters, Obamacare, Leif Parsons, We’re, Jason Henry, Tony Luong, Jordan, , Ruth Fremson, Laurel, ’ Rodrigo Corral, Alex Welsh, Paul Romer, Tim Enthoven, Barack Obama, epidemiologists, It’s, you’re, WordleBot Eden, Wordle, Lila Barth, McCabe, Tom Brady, ChatGPT, , Erin Schaff Organizations: New York Times, Facebook, Yankees, Red, State Newspaper, ESPN, The Athletic, The Times, You’re, Voters, Trump, Mr, Times, Siena College, Walmart, The New York Times, Jordan Siemens, Health, New, Nike, Democratic, Twitter, America, Iowa, Iowa Democratic, Cancer, Hit, Biden, Insurance, Roe America, Disorders, Republican, Republican Party of, U.S, Budget, NASA, National, Traffic, Administration, Yorkers, Force Locations: It’s, Red Sox, State, America, Dakota, Ireland, Chipotle, Japan, U.S, United States, Siena, New Pennsylvania, District, Iowa, Covid, York City, New York, Pennsylvania, Roe, Tonga, Arizona, York, Holland
NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In today's big story, we're looking at how the latest GDP data has shifted the expectations of where the economy is headed. Now, the economy will need some type of event (see: bubble popping) for rate cuts to become an option anytime soon, Miskin said. Energy price shocks could bring the world economy to a "vulnerable moment," chief economist Indermit Gill warned.
Persons: , TikTok, they're, you'd, Jia Feng, It'll, Insider's Madison Hoff, It's, Jerome Powell, Anna Moneymaker, BI's Filip De Mott, Jamie Dimon, Matt Miskin, Miskin, Mark Zuckerberg, C, Cox, Jenny Chang, Rodriguez, Goldman Sachs, Guess what's, Indermit Gill, Alphabet's, Redmond, Tyler Le, Doug McMillon, execs, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Business, Service, Reserve, stagflation, JPMorgan, Wall Street, John Hancock Investment Management, Galatioto Sports Partners, Bank, Google, Big Tech, Microsoft, Health, Linkedin, YouTube, ExxonMobil Locations: Chevron, New York, London
The 48 worst one-hit wonders of all time
  + stars: | 2024-04-25 | by ( Gabbi Shaw | ) www.businessinsider.com   time to read: +1 min
Some one-hit wonders show talent and skill, while others are one-off successes. Sometimes, the artists behind one-hit wonders can find success with other musicians, but not always. AdvertisementEvery year, some songs become fast hits, but artists can't always replicate that popularity — and they end up becoming one-hit wonders. And, while there are some really great one-hit wonders, others are just bad. However, even a mediocre one-hit wonder can pay the bills.
Persons: , Rebecca Black's, Baha Organizations: Service, Business
Since February, Meta Platforms has been trending slightly higher on weaker price momentum. Since early 2023, META has experienced a period of remarkably positive price momentum. META has been trending slightly higher since February, yet the RSI has been sloping downwards. Thursday's initial gap lower dropped META right into the middle of the price gap formed in early February. This would also mean a retest of the 200-day moving average, which META has not touched since February 2023.
Persons: We'll, — David Keller Organizations: RSI, CMT
Jim Cramer hits the charts with Nvidia
  + stars: | 2024-04-24 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
Jim Cramer hits the charts with Nvidia'Mad Money' host Jim Cramer takes a technical look at Nvidia to chart out the near-term stock behavior.
Persons: Jim Cramer Organizations: Nvidia
According to a trial transcript, two friends of Durrett also testified they’d heard Ezra make similar statements. Durrett didn’t implicate Ezra until months after the crime — and after he, Durrett, had been charged with the murder. And although she has been “madly in love” before, Christine said she’d never felt such pure love as she does with Ezra. But the older man said the younger man couldn’t love her because he didn’t even love himself. A few days later he told Christine about another man who needed her help.
Persons: Alexa, , , Christine, Christine Roess, Smokey Robinson, Van Morrison, he’d, Ezra, Morris Weitz, Thomas Durrett, Durrett, they’d, didn’t, ” Durrett, Ezra Bozeman’s, ” Christine Roess, she’d, ” Christine, Ezra Bozeman, Christine Roess Ezra, Dana Kelly, Kelly, Teddy Pendergrass, Edwin Hawkins, Christine Roess “ Alexa, I’ve, Team Free Ezra —, , Josh Shapiro, I’ll, Yusef Organizations: CNN, Fortune, Laurel Highlands, Team Free, Department of Corrections, Savage Locations: Philadelphia, Bozeman, Pittsburgh, Laurel Highlands, Laurel, couldn’t
The S&P 500 is in its most perilous position since late last summer, cautioned David Keller, the chief market strategist at StockCharts.com. After an uptick in volatility in March 2023, the S&P 500 enjoyed a virtually uninterrupted rally before peaking on the final day of July. Related storiesIn the meantime, investors should keep a close eye on two key technical support levels for the S&P 500, Keller said: 5,050 and 4,820. Utilities are one of only two parts of the market that's up in the last month, due to its risk-off nature. The VanEck Gold Miners ETF (GDX) is another compelling way to ride that rally, Keller said.
Persons: , David Keller, I'm, Keller, Stocks, StockCharts.com, they're, Keller isn't, that's Organizations: Service, Business, Utilities, StockCharts.com, VanEck Oil Services, P Oil & Gas Exploration, Production, Miners Locations: East, Israel, Freeport
New York CNN —Trump Media & Technology Group is asking Congress to investigate its suspicions that illegal activity is driving down its share price. Nunes, himself a former Republican congressman from California, pointed to how Trump Media has been among the most expensive stocks to borrow. Nunes suggested there are signs of “naked” short selling, which involves someone selling shares they don’t own or have not borrowed. Jay Ritter, a finance professor at the University of Florida, said there are more obvious explanations for why some traders are betting against Trump Media. Last week, Nunes wrote a letter to Nasdaq, where Trump Media shares trade, alerting the exchange to concerns about market manipulation.
Persons: New York CNN —, Devin Nunes, ” Nunes, Nunes, ” Jonathan Macey, Jay Ritter, , Jay Ritter, Ritter, Jane Street, Ken Griffin, “ Devin Nunes, Organizations: New, New York CNN, New York CNN — Trump Media & Technology Group, Truth Social, Trump Media, Financial Services, Republican, Traders, Yale Law School, CNN, University of Florida, ” Trump Media, Trump, Citadel Securities, Virtu, Jane, Capital, Citadel, Nasdaq, CNBC Locations: New York, California, Virtu Americas, America
Investors have gotten so used to the stock making new highs every year that during the times in which this doesn't happen, concerns intensify. AAPL vs. its 200-day moving average AAPL has also been trading below its 200-day moving average for over two months. Indeed, it's spent more time below the long-term moving average over the years, but reclaiming the line has triggered newfound strength in the past. The big topping pattern is not bearish Another potential positive is that Apple's sporting a big bearish topping pattern on its weekly chart. DISCLOSURES: Cappelleri personally owns AAPL stock.
Persons: There's, it's, Said, AAPL, Cappelleri Organizations: Apple, Downside
Tesla recently made new yearly lows with no apparent support level in sight until another 30% lower at the early 2023 bottom of $101.81. We're heading into Q1 earnings this evening plagued with a plethora of negative news headlines clouding this stock. Tesla shareholders, me included, are coming to the realization that consumer appetite for electric vehicles combined with increased competition are significant headwinds for the stock. All that being said, the phrase "it's always darkest before the dawn" usually applies to beaten-down fundamental stories that are approaching technical support. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.
Persons: Tesla, Cybertruck, Elliott, Elon Musk, — Todd Gordon, Todd Gordon, TSLA Organizations: Tesla, Inside Edge, Inside Edge Capital Management Locations: Europe, Asia, Elon
CNN —Taylor Swift is already breaking hearts and records since she released “The Tortured Poets Department,” but to what extent she’s done the latter will be known in more detail when full sales figures for the album are released next week. “The Tortured Poets Department” (“TTPD”) sold 1.5 million copies in the US in its first three days. The milestones for “Tortured Poets” may have only just begun:Billboard 200 albums chartAmong female recording artists, Swift has the most No. If “Tortured Poets” claims the top spot in its first week, it will be her 14th album to do so. With 31 “TTPD” songs at play, she could potentially overtake Drake’s top 20 record in the weeks to come.
Persons: CNN — Taylor Swift, ” won’t, we’ve, Taylor, , Swift, Jay, she’s, ” Keith Caulfield, Taylor Swift, Drake Organizations: CNN, Poets Department, Billboard, New York Times, Department, Beatles, Drake’s, Apple, Spotify, Amazon
The stock market is poised for a short-term bounce, but technical analysts who watch price charts warn that the correction is not yet over. The technician said he anticipates support for stocks — the point at which buyers will reemerge — between 4,700-4,800 in the S & P 500. .SPX YTD mountain S & P 500 To be sure, some observers anticipate a more durable stock market rally, rather than a mere bounce. He anticipates that the S & P 500 could find support down at 4,800 and may not find a true bottom for several weeks. But he anticipates that the selloff will take longer to play out, with a pullback bringing the S & P 500 back to 4,700.
Persons: JC O'Hara, Roth MKM, O'Hara, Tom Lee, Lee, CNBC's, Oppenheimer's Ari Wald, Wald, we've, BTIG's Jonathan Krinsky, Krinsky, Wolfe's Rob Ginsberg Organizations: Stocks, Federal Reserve
UnitedHealth Group on Monday said it paid ransom to cyberthreat actors to try and protect patient data, following the February cyberattack on its subsidiary Change Healthcare. The company also confirmed that files containing personal information were compromised in the breach. "A ransom was paid as part of the company's commitment to do all it could to protect patient data from disclosure." UnitedHealth said in the release that 22 screenshots, allegedly of the compromised files, have been uploaded to the dark web. The call center will not be able to offer any details about individual data impact given the "ongoing nature and complexity of the data review," UnitedHealth said.
Persons: UnitedHealth, Andrew Organizations: UnitedHealth, Healthcare, CNBC, Change Healthcare Locations: America
Amgen has been in pullback mode since the beginning of February, losing roughly 13% within the context of its long-term uptrend. For those interested in "buying the dip," this may be a good time to revisit the stock, noting the decline looks overdone in the short term. There has been a positive reaction from AMGN to a short-term counter-trend "buy" signal from Tom DeMARK's TD Combo model, which supports a minimum two-week bounce. With Friday's reversal bar on AMGN's daily chart, combined with today's strength, our preferred momentum indicator the daily MACD is back on a "buy" signal. The MACD also shows a positive short-term divergence, supporting a bigger relief rally for AMGN in the near term.
Persons: Amgen, Tom DeMARK's Organizations: AMGN
According to the poll, 64% of registered voters say they have a high level of interest in November's election — registering either a "9" or a 10" on a 10-point scale of interest. The lowest-ever level of high election interest in the poll during a presidential cycle was in March 2012 — at 59%. This election cycle, high interest has been both low and relatively flat for months, according to the poll. By party, the current poll shows 70% of self-identified Republicans saying they have high interest in the upcoming election, versus 65% of Democrats who say this. "They just aren't low interest," McInturff said of young voters.
Persons: Derrick Simonson, Joe Biden, Donald Trump, Biden, Trump, Robert F, Kennedy Jr, Kennedy, Devin Fletcher, he's, Fletcher, wouldn't, Jeff Horwitt, Bill McInturff, , McInturff, Republican pollster Organizations: Wisconsin, Central Assembly, NBC News, Republican, Biden, Trump, Democratic, Hart Research Associates, NBC, Independents Locations: Douglas County, Superior , Wisconsin, U.S, Wayne , Michigan, New Jersey, New York
Top researcher Ivy Zelman shared where home prices are heading next in this market. Here are 10 charts from Zelman's April report that help explain what's happening. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . This story is available exclusively to Business Insider subscribers.
Persons: Homebuyers, Ivy Zelman, Organizations: Zelman's, Service, Point2, Business
Read previewMichael Hartnett, Bank of America's top global strategist, thinks a no-landing scenario is the most-likely outcome for the US economy in the months ahead. That means the labor market would remain strong, but inflation would also stay above the Federal Reserve's long-term goal of 2%. While that's fine for now, Hartnett warns it's a path that eventually leads to trouble for the economy and stocks. "We say rising no landing risks = rising hard landing risks," Hartnett said in an April 11 note. The fund's price dipped below its 200-day moving average in 2020 and 2022, when the economy slowed and stocks underperformed.
Persons: , Michael Hartnett, Hartnett, it's, Michael Landsberg Organizations: Service, Bank of America's, Business, Consumer, Bank of America, Landsberg Bennett, Wealth Management, Fed Locations: REITs, Ukraine
CNN —It seems like there’s nothing Nigerian music star Simi can’t do. A singer, songwriter, and one of the few women mixing and producing their own music, Simi is setting the stage for the future of Afropop and soul. Opening for 15-time Grammy-winning vocal powerhouse Alicia Keys on her 2023 tour and making waves on the Billboard World Album Charts has garnered Simi international stardom. Simi, whose real name is Simisola Bolatito Kosoko, began her career as a gospel singer, releasing her first album “Ogaju” in 2008. She followed up with her second studio album, “Simisola,” which peaked at No.
Persons: Simi can’t, Simi, Alicia Keys, Kosoko, Simi “ didn’t, , CNN’s Larry Madowo, ” Simi, , Afropop “, Tiwa Savage, Adekunle Gold, Coco Jones, Doja, “ I’m Organizations: CNN, Simi, Kodak Locations: Lagos, Nigeria, Ojuelegba, North America, Nigerian
If you look at the other metals like copper and steel and their associated stocks you'll see breakouts as well, and in fact, they are showing more strength than gold stocks. Looking at a chart of copper we'll see a clear breakout above the early 2023 high of $4.35 with the 2022 highs of $5.00 targeted. Fundamentally speaking copper is an industrial metal heavily needed in China and India for infrastructure, transportation, and the green energy buildout. 'Bull flag' pattern The way I'm expressing this bullish thesis in copper is through my holdings in Southern Copper Corp (SCCO) in the dividend portfolio at Inside Edge Capital. That's not exactly cheap, but with the forecasted global demand of copper we think that multiple is justified.
Persons: There's, COPX, That's, Todd Gordon, Gordon, SCCO Organizations: Gold Miners, Copper Miners, Southern Copper Corp, Edge, Inside Edge, Inside Edge Capital Management Locations: China, India, Panama, GDX, COPX, Arizona
New York CNN —In the early stages of life, a key metric is growth. Netflix is trying to persuade Wall Street that it is now all grown up. time spent) as our best proxy for customer satisfaction,” Netflix underscored in its letter to shareholders. Netflix forecasted its subscriber growth to be lower in quarter two, chalking it up to “typical seasonality.” That led the stock to slide nearly 5% in after-hours trading. Whatever the cause, the stock sliding on the less-than-ideal outlook is a prime example of why Netflix wants Wall Street to stop focusing on its subscriber numbers.
Persons: Wall, It’s, “ We’re, Nielsen, won’t Organizations: New York CNN, Netflix Locations: New York
Taylor Swift was already the most ubiquitous pop star in the galaxy, her presence dominating the music charts, the concert calendar, the Super Bowl, the Grammys. In the days leading up to the release of “The Tortured Poets Department” on Friday, Swift became all but inescapable, online and seemingly everywhere else. A Spotify-sponsored, Swift-branded “library installation,” in muted pink and gray, popped up in a shopping complex in Los Angeles. In Chicago, a QR code painted on a brick wall directed fans to another Easter egg on YouTube. Videos on Swift’s social media accounts, showing antique typewriters and globes with pins, were dissected for clues about her music.
Persons: Taylor Swift, Department ”, Swift, SiriusXM Organizations: Department, Apple, Spotify, Swift Locations: Los Angeles, In Chicago
We learned that Stella has spina bifidaShe couldn't lie on her back and had to be fed through a tube. Katie Spence's daughter Stella was in the NICU after she was born. Leaving and living without my husband full-time would be difficult, but getting Stella comprehensive care took precedence. The Texas Medical Center is a world-class medical destination, and we quickly had an appointment with a top pediatric neurosurgeon. Katie Spence says her daughter has received quality healthcare from the Texas Medical Center.
Persons: Stella, intubated, spina, Katie Spence's, Katie Spence Stella, couldn't, Katie Spence Organizations: Service, OB, Disease Control, Facebook, Texas Medical Locations: Japan, United States, Texas, Houston , Texas, Tokyo
The Tortured Poets Department VinylYou can enjoy "The Tortured Poets Department" in record form with Swift's Ghosted White vinyl. The Tortured Poets Department Target ExclusivesOne vinyl and three CD versions of "The Tortured Poets Department" are sold exclusively at Target. Target The Tortured Poets Department Phantom Clear Vinyl $39.99 $45.99 Save 13% This Phantom Clear vinyl version of The Tortured Poets Department is exclusive to Target. The Tortured Poets Department Digital StreamingThe fastest way to hear "The Tortured Poets Department" will be through digital streaming. Amazon The Tortured Poets Department MP3 $13.49 The digital version of The Tortured Poets Department features all 16 original tracks from the album.
Persons: Taylor Swift's, we've, Swift's, you'll Organizations: Business, Department, Poets Department, Target, Spotify, Apple, Amazon
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