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☆ Amazon joins Big Tech's dark forecast for the rest of the year. It said next quarter's sales will be less than expected – and its stock just plummeted 17%
▼ + stars: | 2022-10-27 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

Amazon's shares dropped almost 20% after the company forecasted lighter than expected fourth quarter sales. Amazon's third quarter results came closer to analysts' expectations. The tech giant posted an operating income of $2.5 billion, down from $4.9 billion in third quarter 2021. Amazon said it expected fourth-quarter sales of $140 billion to $148 billion, below analysts' view of $155.37 billion. It also said operating income would be between a wide range of breakeven and $4 billion, also under Street expectations.

☆ Here are Tuesday's biggest analyst calls of the day: Apple, Amazon, Tesla, Microsoft, Rivian & more
▼ + stars: | 2022-10-25 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Tuesday's biggest calls on Wall Street: Piper Sandler initiates Deckers as overweight Piper said it's bullish on the company's Hoka shoe brand. Bernstein reiterates Tesla as underperform Bernstein said it's concerned about China competition for Tesla. Mizuho reiterates Rivian as buy Mizuho said Rivian is best positioned with China concerns and potential EV slowdowns globally. Morgan Stanley reiterates Tesla as overweight Morgan Stanley lowered its price target on Tesla to $330 per share from $350 and said it's changing estimates to account for "unexpected headwinds." JPMorgan reiterates Apple as outperform JPMorgan said it has "resilient expectations" heading into Apple earnings later this week.

read moreThe yield on the benchmark 10-year Treasury hit 4.338% earlier, the highest since November 2007. The two-year U.S. Treasury yield , which typically reflects interest rate expectations, surged to 4.639%, the highest since August 2007. We'll continue to see more calls for a slowdown (in Fed policy) as we feel more and more pain in risk markets," he added. The gap between yields on two- and 10-year Treasury notes , was at -27.5 basis points, that's the steepest since mid-September. The 10-year TIPS breakeven rate was last at 2.525%, reflecting the average inflation the market has priced in for the next decade.

☆ Deliveroo warns on sales growth as consumers tighten belts
▼ + stars: | 2022-10-21 | by ( Sarah Young | ) www.reuters.com time to read: +2 min

SummarySummary Companies Sees sales growth at 4-8%, from previous range of 4-12%Upgrades adjusted earnings margin forecastShares rise 4%LONDON, Oct 21 (Reuters) - British food delivery company Deliveroo (ROO.L) warned sales growth would be at the lower end of its previous guidance, as households cut back on take-aways due to rising prices. Despite the worsening outlook, Deliveroo, which competes with Just Eat Takeaway (TKWY.AS) and Uber Eats (UBER.N), also slightly upgraded its adjusted earnings (EBITDA) margin guidance on Friday, helped by lower marketing spend. The group is aiming for adjusted earnings (EBITDA) breakeven in late 2023 to early 2024 and said that it was confident it could adapt to the worsening economic outlook where consumers are grappling with higher food and energy bills. In its biggest UK and Ireland market, Deliveroo posted GTV growth of 11%, boosted by the addition of McDonalds to its offering, while its performance in its international markets in Europe, the Middle East and Asia Pacific dragged. Deliveroo announced on Wednesday it would pull out of the Netherlands on Nov. 30 after it failed to gain sufficient local market share.

☆ Snap's slowing ad growth sends inflation fears through tech sector
▼ + stars: | 2022-10-20 | by ( Sheila Dang | ) www.reuters.com time to read: +4 min

Social media stocks collapseIn a letter to investors, Snap said inflation caused some advertisers to reduce their marketing budgets. Wall Street had forecast 7% growth, said Brad Erickson, an analyst at RBC Capital Markets, in a note after the results. Revenue for the third quarter ended Sept. 30 was $1.13 billion, an increase of 6% from the prior-year quarter. Snap said advertising revenue has historically followed the growth and engagement of its user base, and "we remain optimistic about our long-term opportunity." Adjusted earnings per share was 8 cents during the third quarter, beating analyst expectations of breakeven.

☆ Snap shares tank as inflation hurts ad spending
▼ + stars: | 2022-10-20 | by ( Sheila Dang | ) www.reuters.com time to read: +3 min

REUTERS/Dado Ruvic/Illustration/File PhotoOct 20 (Reuters) - Snap Inc (SNAP.N) on Thursday posted its slowest revenue growth since going public five years ago as advertisers cut spending amid rising inflation and the war in Ukraine. Shares of other companies that sell digital advertising also dropped, with Meta Platforms down over 4%, Alphabet down 2.7% and Pinterest losing nearly 8%. All together the sell-off in late trading erased over $50 billion in stock market value from internet ad companies. In a letter to investors, Snap said inflation caused some advertisers to reduce their marketing budgets. Snap said advertising revenue has historically followed the growth and engagement of its user base, and "we remain optimistic about our long-term opportunity."

☆ Snap plunges more than 25% on third-quarter revenue miss
▼ + stars: | 2022-10-20 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +4 min

Snap shares plummeted more than 25% in extended trading on Thursday after the social media company reported weaker-than-expected revenue for the third quarter. In August, Snap announced that it would lay off 20% of the company's roughly 6,000 employees as part of a major restructuring plan. Snap added that revenue growth is likely to keep decelerating in the fourth quarter, as that period "has historically been relatively more dependent on brand-oriented advertising revenue," which declined in the latest period. Snap also ended the production of its Snap Originals premium shows. Snap debuted the subscription service in June as a way for users to access exclusive and pre-release features for $3.99 a month.

A Just Eat delivery man rides his bicycle in Nice amid the coronavirus disease (COVID-19) outbreak in France, February 16, 2021. The group last posted an underlying profit in the second half of 2020, said Clement Genelot, analyst at Bryan Garnier. Shares in the company see-sawed in early trade as investors weighed the return to profitability against concerns about falling orders. As part of the cost cutting measures, Groen said the company has introduced a hiring freeze. Just Eat is looking to expand its networks to include deliveries of other products and is currently exploring a number of pilot schemes, Groen said.

☆ Goldman's pivot away from money-losing Marcus shows that disrupting retail banking is hard
▼ + stars: | 2022-10-18 | by ( Hugh Son | ) www.cnbc.com time to read: +2 min

In this article AAPLWFCBACJPMGS Follow your favorite stocks CREATE FREE ACCOUNTDavid Solomon, Goldman Sachs, at Marcus eventGoldman Sachs CEO David Solomon is reining in his ambition to make the 153-year-old investment bank a major player in U.S. consumer banking. The moment is a humbling one for Solomon, who seized on the possibilities within the nascent consumer business after becoming CEO four years ago. Goldman started Marcus in 2016, named after one of the bank's cofounders, to help it diversify revenue away from the bank's core trading and advisory operations. "One could argue that there's been some execution challenges for Goldman in consumer; you've had multiple leadership changes," Bolu stated. "To be honest, when I speak with a lot of investors on Goldman Sachs, very few are excited about the consumer business," Hawken said.

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☆ Anthony Scaramucci says the wild reversal in stocks was the start of an upswing as the bear market ends and short-siders give up
▼ + stars: | 2022-10-14 | by ( Brian Evans | ) www.businessinsider.com time to read: +2 min

Thursday's wild stock reversal wasn't a bear market rally and could be the start of a new upswing, Anthony Scaramucci told CNBC. I think there was full-blown capitulation on the short side yesterday and lots of institutional buying." "We are, in my opinion, coming to the end of this bear market," Scaramucci told CNBC on Friday. "This could've been a bear market rally, but I don't think so. Scaramucci also pointed to other encouraging market signals, including the TIPS 10-year breakeven rate that's now around 2.20%.

☆ The Fed is dragging the US into a recession to cool surging prices. Most Americans expect inflation to die down on its own.
▼ + stars: | 2022-09-27 | by ( Ben Winck | ) www.businessinsider.com time to read: +5 min

Inflation expectations have been falling since the spring, signaling there's little chance of a 1980s-like price surge. Inflation expectations may seem like simple forecasts, but their effects on the economy can be dramatic. Anchored inflation expectations can put downward pressure on price growth as consumers reject large price hikes and businesses are pushed to compete with each other. Powell on Wednesday pointed to well-anchored inflation expectations as a boon, but noted the trend "is not grounds for complacency." "The longer the current bout of high inflation continues, the greater the chance that expectations of higher inflation will become entrenched," the chair said.

☆ Fed rate hikes have made some corporate bonds very attractive. How to profit from it
▼ + stars: | 2022-09-27 | by ( Patti Domm | In | ) www.cnbc.com time to read: +5 min

As stocks sink and interest rates rise, investors are getting more excited about corporate bonds than they've been in a generation. One side effect of Federal Reserve tightening policy is it has made interest rates go up everywhere — including in the corporate bond market. The way we choose to access corporate bonds is through a highly diversified low cost index fund and part of the reason for that is when it comes to corporate bonds, there's more difficulty with them than with government bonds," he said. Playing through funds A fund that tracks short-term corporates is the SPSB, SPDR Portfolio Short Term Corporate Bond ETF . There is also the Vanguard Short-Term Corporate Bond ETF VCSH , which tracks a corporate bond index, is off 8.5% this year.

☆ 3 takeaways from our daily meeting: Bonds vs. stocks, oil's plunge, a small buy in tough market
▼ + stars: | 2022-09-23 | by ( Paulina Likos | ) 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. Bonds vs. stocks Energy stocks Constellation buy 1. Energy stocks Oil prices on Friday tumbled to eight-month lows, with WTI crude down 6%, at $78.45 a barrel. Constellation buy Jim answered a question from a Club member, Mario, on Friday about what professional money managers should do in this tough market. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

☆ How an oil fracking boom to bust startup plans to thrive in the climate change era
▼ + stars: | 2022-09-23 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +17 min

And in a way, Duncan thought the science wasn't a good match for the blunt process of oil and gas drilling. The Covid downturn in 2020 capped close to a decade of a bear market for oil and culminated in the negative spot prices in the oil market in May 2020. Oil and gas was changing from a growth business to a value business, and oil company management were much more focused on fiscal discipline. That concentration of equipment and infrastructure's resulting reduced costs was not good for an oil services company. And there have been a lot of surprises along the way – how the shale boom became its biggest business, followed by how quickly the science became commoditized in the oil market.

☆ Here are Thursday's biggest analyst calls: Amazon, Eli Lilly, Bed Bath & Beyond, Nike, Exxon & more
▼ + stars: | 2022-09-22 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Here are the biggest calls on Wall Street on Thursday: UBS upgrades Eli Lilly to buy from neutral UBS says it's bullish on the company's weight loss drug and sees upside potential. Morgan Stanley reiterates Amazon as overweight Morgan Stanley says the company's fulfillment network is the next great catalyst for Amazon shares. "The cybersecurity industry comprises what we see as five main pillars: identity, endpoint security, data security, network security, and cloud security. Morgan Stanley reiterates Microsoft as overweight Morgan Stanley says it sees an attractive risk/reward after meeting with company management. Morgan Stanley reiterates Meta as overweight Morgan Stanley says that reports of Meta cutting costs could prove to be an earnings tailwind.

☆ France's Deezer pledges to turn a profit by 2025
▼ + stars: | 2022-09-21 | by ( Mathieu Rosemain | ) www.reuters.com time to read: +2 min

REUTERS/Benoit TessierPARIS, Sept 21 (Reuters) - French music streaming platform Deezer (DEEZR.PA)'s first-half adjusted gross profit rose 9.1% from a year earlier, led by a surge in sales in its home country that firmed up its goal to turn a profit by 2025, the company said on Wednesday. Gross profit increased to 45 million euros ($44.4 million) from 42 million a year earlier, while total sales rose by 12% over the period to 219 million euros, Deezer said in a statement. Deezer's number of direct subscribers in France, where it generates about 60% of its consolidated revenue, rose to 3.3 million from 3 million a year earlier. Yet the total number of subscribers fell by close to 3% to 9.4 million. read moreThe stock has lost 65% of its value since its first trading day, valuing the company at 472 million euros ($466.38 million), compared to Spotify's market capitalisation of $18.7 billion.

☆ The Fed's credibility is still on the line
▼ + stars: | 2022-09-21 | by ( Julia Horowitz | Cnn Business | ) edition.cnn.com time to read: +6 min

The difference — known as the breakeven rate — tells you how much inflation investors foresee. The five-year breakeven rate stands at 2.48%, down significantly from a high of 3.59% in March and not far off from the Fed's 2% target. The 10-year breakeven inflation rate sits at 2.4%. The Fed makes its latest policy announcement at 2 p.m. Coming tomorrow: The latest policy decisions from the Bank of England, the Bank of Japan and the Swiss National Bank.

☆ Stocks making the biggest moves premarket: General Mills, Stitch Fix, Beyond Meat and others
▼ + stars: | 2022-09-21 | by ( Peter Schacknow | ) www.cnbc.com time to read: +2 min

Check out the companies making headlines before the bell:General Mills (GIS) – General Mills shares gained 1.8% in the premarket after the food producer reported a better-than-expected quarterly profit and raised its full-year sales forecast. Stitch Fix (SFIX) – Stitch Fix slid 5.9% in premarket trading after reporting a wider-than-expected quarterly loss and issuing a weak forecast. Beyond Meat fell 1.1% in premarket trading on top of a 6% slide Tuesday, its sixth consecutive down day. Defense stocks – Shares of defense contractors are rising in the premarket after Russian President Vladimir Putin mobilized more troops to Ukraine in what's seen as a major escalation of the Ukraine war. Aurora Cannabis (ACB) – Aurora Cannabis reported a breakeven quarter, on an adjusted basis, surprising analysts who predicted a quarterly loss.

☆ Stocks making the biggest moves midday: Freyr Battery, Stitch Fix, General Mills, Trupanion and more
▼ + stars: | 2022-09-21 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

Stitch Fix — Stitch Fix was up about 12%, even after the company posted downbeat quarterly numbers. General Mills — Shares of the food producer jumped 7% after the company posted a better-than-expected quarterly profit. The company now sees adjusted EBITDA between $1.4 billion and $1.45 billion, below prior guidance of $1.475 billion and $1.575 billion. Sotera Health — Sotera Health shares dropped more than 7% after JPMorgan downgraded the company to underweight from overweight, citing risks from more than 700 outstanding trials. Coty — The stock rose 5.6% after the beauty company said it has a strategy to double skincare product sales by fiscal year 2025.

☆ U.S. two-year yield at almost 15-year high before Fed meeting
▼ + stars: | 2022-09-20 | by ( Herbert Lash | ) www.reuters.com time to read: +4 min

read moreYields on the benchmark 10-year Treasury shot up 11.1 basis points to 3.600%, having only topped 3.5% for the first time in 11 years on Monday. The two-year yield rose 4 basis points to 3.986%. The gap later narrowed to -39.0 basis points. The two- and 10-year yield inversion, when the short end is higher than the long end, often has been seen as a reliable predictor of a recession in a year or two. The yield on the 30-year Treasury bond was up 10.7 basis points to 3.612%.

☆ Investors mixed as Porsche seeks price tag of up to $75 billion
▼ + stars: | 2022-09-19 | by ( Victoria Waldersee | ) www.reuters.com time to read: +5 min

Volkswagen said on Sunday it was aiming for a valuation of 70 billion-75 billion euros ($70-75 billion) for Porsche AG, slightly below some estimates of up to 85 billion euros, but far outstripping the 49-billion-euro price tag for rival BMW (BMWG.DE) and Mercedes-Benz's (MBGn.DE) 61 billion euros. "It is fundamentally right that Porsche AG becomes more independent - but this is not an independent set-up." Volkswagen's valuation for Porsche AG is close to its own market capitalisation of 88 billion euros. Analysts have compared Porsche AG stock to Ferrari, which has a market capitalisation of 38 billion euros but an operating margin of 24% to Porsche's 17-18%. Total proceeds from the sale will be 18.1-19.5 billion euros and could help Volkswagen fund its electrification drive.

☆ Biden may soon put a floor on sinking oil prices. That’s good for our energy stocks
▼ + stars: | 2022-09-15 | by ( Paulina Likos | ) www.cnbc.com time to read: +7 min

When the government decides to start buying, oil prices could get some nice support, which would be good for our energy holdings. When a player like the U.S. government goes from supplier to buyer, its a pretty positive sign for those that benefit from higher oil prices. Remember, the variable part of the dividend payments that all three companies pay are tied directly to free cash flow generation. Coterra's free cash flow breakeven is about $40 per barrel as of its second quarter results. In July 2021, U.S. oil prices fell below $70 after OPEC said it would increase output as Covid fears weighed on global demand.

☆ Jim Cramer's Guide to Investing: Principles to help you manage your portfolio
▼ + stars: | 2022-09-06 | by ( Jim Cramer | ) www.cnbc.com time to read: +40 min

At the CNBC Investing Club, we strive to help members manage their own portfolios by showing them how we do it. Principles 1-5 Principles 6-10 Principles 11-15 Principles 16-20 Principles 21-25 1. The reality is, you want to buy stocks that you believe will go higher, and sell those you believe will go lower. Don’t buy all at once; arrogance is a sin Accept that you will never be correct 100% of the time and use that knowledge to your advantage. Expect corrections; don’t be afraid of them When it comes to the stock market, eventually a correction will happen.

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