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The next round of filings for spot ether ETFs with the SEC is due today, part of the ongoing regulatory process required before spot ether ETFs can be launched. One thing's for sure: the launch of spot bitcoin ETFs this year has been a success. That's still true for this year, but two of the top 10 ETF inflows year to date have been into spot bitcoin ETFs: iShares Bitcoin Trust (IBIT) at number four, and Fidelity Wise Origin Bitcoin Trust (FBTC) at number eight. Would 50% of the inflows of the spot bitcoin ETF be a win? We'll talk about this with Matt Hougan from Bitwise Asset Management, one of the applicants for a spot ether ETF.

Persons: That's, iShares, Matt Hougan, Matt, Nate Geraci Organizations: SEC, Nasdaq, Fidelity, Bitcoin, Stock, Aggregate, Blackrock US, Bitwise Asset Management, Edge

☆ Jefferies says shares of this lesser known global delivery firm are set to soar over 125%
▼ + stars: | 2024-07-08 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +3 min

Shares of Dutch food delivery marketplace Just Eat Takeaway.com could more than double over the next 12 months, according to Jefferies analysts. Jefferies remains bullish on Just Eat, even as the company's U.S. business Grubhub has faced the pressures of government price controls imposed on restaurants since the Covid-19 pandemic. Just Eat expects a $100 million EBITDA impact from the amending of the fee caps, the Jefferies note reported. Shares of the delivery firm have also moved away from their high during the Covid pandemic, and are now down 18.1% year-to-date and 22.5% in the last 12 months. It also trades as an American Depository Receipt in the U.S. — CNBC's Michael Bloom contributed to this report.

Persons: Jefferies, Grubhub, Giles Throne, Throne, — CNBC's Michael Bloom Organizations: Jefferies, U.S ., TKWY, Euronext Amsterdam, London Stock Exchange, American Locations: U.S, New York, New York City

☆ Here are Monday's biggest analyst calls: Nvidia, Apple, Meta, PNC, Domino's, Charles Schwab, Roblox, SolarEdge & more
▼ + stars: | 2024-07-08 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Monday's biggest calls on Wall Street: UBS reiterates Nvidia as buy UBS raised its price target on Nvidia to $150 per share from $120. Stifel upgrades Ecolab to buy from hold Stifel said it's bullish on shares of the food safety company. KBW upgrades Charles Schwab to outperform from market perform KBW said it's getting bullish on shares of Charles Schwab. Wells Fargo reiterates Meta as overweight Wells raised its price target on Meta to $625 per share from $593. Wells Fargo reiterates Roblox as overweight Wells raised its price target on the stock to $43 per share from $41 ahead of earnings on August 1.

Persons: Stifel, it's, Morgan Stanley, Charles Schwab, KBW, Guggenheim, ServiceNow, Wells, Riley, Emerson, Redburn, Wolfe, JPM, Raymond James, Gilead, Bumble, TD Cowen, Oppenheimer, Jefferies, Baird, Wedbush, RBLX Organizations: UBS, Nvidia, Taiwan Semiconductor, Meta, PNC, Bank of America, underperform Bank of America, Medicines, NSC, Apple, JPMorgan, Disney Locations: 2H24, Columbia, Norfolk, Asia

☆ Starbucks' plan for stock gains includes more than just discounts and value combos
▼ + stars: | 2024-07-07 | by ( Paulina Likos | ) www.cnbc.com time to read: +9 min

He needs to execute better," Jim Cramer stressed, referring to Starbucks CEO Laxman Narasimhan, during the Investing Club's June Monthly Meeting . Then in mid-June, Starbucks launched its limited-time "Pairings Menu," which includes a $5 coffee-and-croissant combo and a $6 coffee-and-breakfast-sandwich deal. Order up Jefferies' Barish also raised questions about Starbucks' menu innovations, arguing its updated drink options are not driving sales as much as hoped. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

Persons: it's, Jim Cramer, Laxman Narasimhan, Jim, Rachel Ruggeri, Burger King, Jefferies, Andy Barish, Barish, TD Cowen, Cowen, Edward Lewis, Lewis, they're, Narasimhan, Ruggeri, Berry, Long, We've, Jim Cramer's, Spencer Platt Organizations: Starbucks, Taco Bell, Street, CNBC, Getty Locations: North America, Israel, Gaza, China, Burger, Manhattan, New York City

☆ 5 takeaways from Biden's first interview following his disastrous debate performance
▼ + stars: | 2024-07-06 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +5 min

Read previewAll eyes were on ABC News on Friday when President Joe Biden appeared in his first interview since his catastrophic debate appearance last week. Democratic donors and supporters of Biden saw the interview as key to addressing criticisms of his poor debate showing — in which Biden repeatedly fumbled his words and appeared to lose his train of thought. Biden, currently 81-years-old, has long faced criticism over his age and fitness for office, which grew louder following the debate. "If I stopped now, I would go down in history as a pretty successful president," Biden said. The polls show I can win," Biden said.

Persons: —, Joe Biden, Biden, He's, Reed Hastings, Abigail Disney, George Stephanopoulos, George, Stephanopoulos, Camp David wasn't, — Biden, Chuck Schumer, Hakeem Jefferies, that's, he's Organizations: Service, ABC, Business, Netflix, Democrats, ABC News, Camp, Trump, Democratic Locations: France

☆ Top 5 things to watch in the stock market Friday, including big jobs report
▼ + stars: | 2024-07-05 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

The June employment report on Friday morning came in slightly better than expected with the economy adding 206,000 nonfarm jobs versus 200,000 expected. 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. Top things to watch Friday, July 5Stocks were mixed slightly Friday following another record S&P 500 th holiday. The June employment report on Friday morning came in slightly better than expected with the economy adding 206,000 nonfarm jobs versus 200,000 expected.

Persons: Eli Lilly, Jefferies, Jim Cramer's, Jim Cramer, Jim, Constellation Brands Novo Nordisk Eli Lilly Samsung Organizations: Treasury, Constellation Brands, JPMorgan, Novo Nordisk, Samsung Electronics, Jim Cramer's Charitable, CNBC, Constellation Brands Novo Nordisk, Constellation Brands Novo Nordisk Eli Lilly Samsung Electronics

☆ Indian wedding industry: Elephants, Michelin stars and Mughal jewels make it a $130 billion business
▼ + stars: | 2024-07-05 | by ( Diksha Madhok | ) edition.cnn.com time to read: +9 min

Sujit Jaiswal/AFP/Getty ImagesThe Indian wedding industry has boomed since the country emerged from the pandemic. “And this is irrespective of the economic classes.”At about $15,000, the average Indian wedding costs more than three times the average annual household income. Indian weddings are often spread across several days, with an average guest list of 326, compared with 115 in the United States, according to The Knot Worldwide. Rihanna, couture and emeraldsThe average luxury Indian wedding can cost anywhere between $200,000 and $400,000, according to Jefferies. No luxury Indian wedding is complete without lavish meals, which at times involves flying in Michelin star chefs and the finest of ingredients from across the world.

Persons: Anant Ambani, Mukesh Ambani, Radhika Merchant, Mukesh Ambani’s, Tim Chi, Nita, Anant, Sujit Jaiswal, it’s, Jefferies, ” Jefferies, Nasir Kachroo, ”, Sima Taparia, Aditya Motwane, Priyanka Chopra, Nick Jonas, “, you’ve, Ambani’s, Mark Zuckerberg, Bill Gates, Rihanna, Motwane, —, Stringer, Knight Frank, Tina Tharwani, Nita Ambani, Olivier Polet, Tharwani, Virat, Vanessa Almeida, Almeida, videographers, Katy Perry, Andrea Bocelli, Rafiq Maqbool, Narendra Modi, ” Modi Organizations: New, New Delhi CNN, Silicon, CNN, Getty, Netflix, Motwane Entertainment, Shaadi, Michelin, Backstreet Boys Locations: New Delhi, Radhika Merchant . India, India, Mumbai, AFP, South Asia, Jammu, Kashmir, United States, Indian, Jamnagar, Monte Carlo, Jodhpur, Rajasthan, Florence, Indian Italian, Tuscany, Goa, Italian, Genoa

☆ Wall Street banks name 10 UK stocks to benefit from Labour landslide win
▼ + stars: | 2024-07-05 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

The U.K.'s center-left Labour Party has won a substantial parliamentary majority in the country's general election, unseating the incumbent Conservatives after 14 years. Manthey and her team picked the FTSE 250 index , which can be traded through exchange-traded funds such as iShares FTSE 250 UCITS ETF or Vanguard FTSE 250 UCITS , over the large-cap index FTSE 100 , as their "preferred post-election trade." The strategists, however, cautioned that historical data pointed toward lackluster returns immediately after the election results. More broadly, the investment bank's economist Anna Titareva said U.K. markets remain "heavily discounted" since after Brexit. After the election results were confirmed, they reiterated their stock preferences: Taylor Wimpey and Persimmon .

Persons: Beata Manthey, Manthey, Anna Titareva, Titareva, Anthony Codling, Taylor Wimpey, Gleeson, Bellway, Investec Organizations: Labour Party, Labour, Vanguard, UBS, Companies, FTSE, FTMC, RBC Capital Markets, Jefferies, Genuit Locations: Swiss

☆ Stocks, property, bonds, the pound: Here’s what a new Labour government means for investing in the UK
▼ + stars: | 2024-07-05 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +7 min

The Labour party's pledge, for example, to increase taxes on the compensation that private equity fund managers received raised a few eyebrows, and led to questions on what this could mean more broadly. In a note Friday, analysts at Jefferies said, despite concerns raised by a strong showing for the right-wing Reform UK Party, the Labour Party's U.K. election win would help make the U.K. appear "relatively stable." "A widely predicted Labour win in the UK could usher in an era of greater stability for the UK … which should help bolster investor sentiment towards the UK," she said. "U.K. bank stocks in the end are one of the biggest proxies for U.K. economic growth," he said. If results are as expected, attention will shift away from the U.K. election quickly, Shreyas Gopal, strategist, and Sanjay Raja, senior economist at Deutsche Bank, said in a note published Wednesday.

Persons: Vuk Valcic, hasn't, Jefferies, James McManus, Susannah Streeter, Hargreaves Lansdown, McManus, Liz Truss, Streeter, Richard Donnell, Nutmeg's McManus, CNBC's Silvia Amaro Friday, Mark Fielding, Fielding, Shreyas Gopal, Sanjay Raja, BoE, Francesco Pesole, Pesole Organizations: City of, Labour Party, Conservatives, U.S ., Labour, CNBC, Stock, Reform UK Party, Hargreaves, Deutsche Bank, ING, Bank of England, ECB Locations: Bishopsgate, City, City of London, London, France

☆ The bull case for small caps as the second half kicks off
▼ + stars: | 2024-07-04 | by ( Sarah Min | ) www.cnbc.com time to read: +6 min

By contrast, the S & P 500 has already reached Jefferies' bull case of 5,400, the strategist noted. The right catalyst For investors, the bull case for small caps that prevailed when the year began, still holds. More immediately, second-quarter earnings may prove a positive catalyst for small caps since expectations are so low, according to Jefferies' DeSanctis. On a trailing 12-month basis, the S & P 500 is trading at a multiple of 25 times earnings. Ultimately, however, many investors say that a rotation into small caps is coming, even if it hasn't happened yet.

Persons: Russell, Richard Nixon, Steven DeSanctis, Jefferies, DeSanctis, Brian Leonard, Ross Mayfield, Baird, Keeley Teton's Leonard, Something's Organizations: Federal Reserve, Jefferies, CNBC Pro, Fed, Advisors Locations: Keeley

☆ 10 things to watch in the stock market Wednesday after the S&P 500's record close
▼ + stars: | 2024-07-03 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

Pepsico 's price target was lowered to $190 from $200 at Cowen, which cited some weakness in salty snacks. Loops Capital raised its price target for off-price retailer TJX to $125 from $115. Lululemon 's price target was lowered to $470 from $505 at Baird, but kept its outperform rating. Pepsico 's price target was lowered to $190 from $200 at Cowen, which cited some weakness in salty snacks. Lululemon 's price target was lowered to $470 from $505 at Baird, but kept its outperform rating.

Persons: Tuesday's, depletions, Jefferies, Eli Lilly, Lululemon, Baird, BTIG, Dell, Amphenol, Jim Cramer's, Jim Cramer, Jim, John Thys Organizations: Constellation Brands, Pepsico, Cowen, Nike, MGM Resorts, Bank of America's, Jim Cramer's Charitable, CNBC, AFP, Getty Locations: Zeebrugge, Belgium

☆ Stocks can absorb anything from the economy as long as soft landing likely, says G Squared's Victoria Greene
▼ + stars: | 2024-07-03 | 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 EmailStocks can absorb anything from the economy as long as soft landing likely, says G Squared's Victoria GreeneDavid Zervos, Jefferies Chief Market Strategist and Victoria Greene, G Squared Private Wealth CIO, join 'Closing Bell: Overtime' to give their reactions to the Fed Minutes.

Persons: Victoria Greene David Zervos, Victoria Greene Organizations: Jefferies, Private Wealth, Fed

☆ Wall Street firm gets it right with Best Buy call, plus Eli Lilly shares move up
▼ + stars: | 2024-07-03 | 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. Davidson analysts touted Best Buy stock on Wednesday, listing artificial-intelligence-enabled PCs as a positive catalyst for the electronics retailer. 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, Eli Lilly, Jeff Marks, Davidson, Jim Cramer's, Jim Organizations: CNBC, Nasdaq, New York Stock Exchange, Independence, Food and Drug Administration, Jefferies Locations: U.S, D.A

☆ Here are Tuesday's biggest analyst calls: Amazon, Nvidia, Tesla, Uber, Disney, PayPal, Spotify, Chevron, Netflix & more
▼ + stars: | 2024-07-02 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

"We initiate coverage of Waystar ( WAY) with a Buy rating and 12-month price target of $32." Bank of America reiterates Nvidia as buy Bank of America said Nvidia was the "most-owned" stock in semis among fund managers. Bank of America reiterates Disney as buy Bank of America said it's sticking with its buy rating on the stock. " Argus reiterates Netflix as buy Argus said it's sticking with its buy rating on the stock. "We are maintaining our BUY rating on Focus List selection Netflix I nc.

Persons: Mizuho, Goldman Sachs, Goldman, it's, Nvidia, NVDA, AVGO, Piper Sandler downgrades CrowdStrike, Piper, Raymond James, Piper Sandler, Jefferies, RAPP, Stifel, MAUs, Wells, Roth, WULF, VIK, Horton, Guggenheim, Tesla, Kitty Organizations: Mizuho, Amazon, " Bank of America, Nvidia, Bank of America, AMD, Comerica, UBS, TEAM, Rapport Therapeutics, Life360 Inc, Spotify, Hess Corp, IT Services, Barclays, Viking Holdings, Citi, Disney, DIS, NBA, Susquehanna, PayPal, of America, Deutsche Bank, Uber, Deutsche, Netflix, Argus Locations: CrowdStrike, Chevron

☆ French stocks and the euro boosted by election results
▼ + stars: | 2024-07-01 | by ( Hanna Ziady | ) edition.cnn.com time to read: +1 min

London CNN —French stocks and the euro rallied Monday after results from the first round of elections suggested the far right will inflict a heavy defeat on President Emmanual Macron but fall short of winning an outright majority in parliament. France’s CAC 40 index, which represents 40 of the biggest companies listed in Paris, rose 2.7% at the open. The euro, which tumbled after Macron called the snap election on June 9, touched the strongest level against the dollar in more than two weeks. Macron’s Ensemble alliance slumped to a dismal third with 20.76%, according to final results published Monday by France’s Interior Ministry. “The immediate reaction is one of a relief rally.”This is a developing story and will be updated.

Persons: Emmanual Macron, Macron, Le, ” Mohit Kumar, Jefferies, “ Organizations: London CNN, Popular Front, France’s Interior Ministry Locations: Paris, Europe

☆ Here are JPMorgan’s top stock picks heading into July
▼ + stars: | 2024-07-01 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

"Unwarranted discount versus peers given improved fundamentals and EBITDA/ FCF growth," JPMorgan wrote. JPMorgan's $2,400 price target implies the stock could rally nearly 43%. Bank of America also hiked its price target to $2,150 from $2,000, calling the stock one of its top picks . However, Analyst Matthew Boss' $157 price target means that the stock could climb 48% from here. Other stocks that made JPMorgan's list include industrials manufacturer Danaher , energy company Entergy and chemicals firm DuPont De Nemours .

Persons: BancShares, Harlan, Jefferies, JPMorgan's, Vivek Arya, PVH, Calvin Klein, Tommy Hilfiger —, Matthew Boss, Jay Sole, De Organizations: JPMorgan, Telecommunications, AT, Federal Reserve, Citizens, Broadcom, Bank of America, UBS, De Nemours Locations: Friday's

☆ 10 things to watch in the stock market Monday including a defense of Abbott Labs
▼ + stars: | 2024-07-01 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

My top 10 things to watch Monday, July 1 Stocks are indicated higher Monday following a slight decline last week. The top-performing Club stocks in the second quarter had one thing in common: the AI trade. Morgan Stanley hiked its price target on Nvidia to $144 from $116, citing strong demand for Hopper generation chips in Asia ahead of the launch of the company's next-generation Blackwell platform. Deutsche Bank upped its price target on Walmart to $77 a share from $71. UBS upgraded Birkenstock to a buy rating from neutral with a $85 price target, up from $52.

Persons: Morgan Stanley, Tesla, Wells, Abbott, We've, Bernstein, Vertiv, Raymond James, Goldman Sachs, Snowflake, Jim Cramer's, Jim Cramer, Jim Organizations: Treasury, Nvidia, Hopper, Blackwell, Boeing, Jefferies, Barclays, Abbott Laboratories, Analysts, Eaton, Caterpillar, Cummins, GE Vernova, Deutsche Bank, Walmart, Fox, UBS, Jim Cramer's Charitable, CNBC Locations: Asia, Snowflake

☆ Software stocks can pick up the pace in the second half, says Jefferies' Brent Thill
▼ + stars: | 2024-07-01 | 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 EmailSoftware stocks can pick up the pace in the second half, says Jefferies' Brent ThillBrent Thill, Jefferies tech research analyst, joins 'Squawk on the Street' to discuss whether the tech sector can continue its rally, how AI is dominating every boardroom discussion, and much more.

Persons: Jefferies, Brent Thill Brent Thill Organizations: Jefferies

☆ The economy could be 'skittish' nearing the election, says Jefferies' David Zervos
▼ + stars: | 2024-07-01 | 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 EmailThe economy could be 'skittish' nearing the election, says Jefferies' David ZervosHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Jefferies, David Zervos, Brian Sullivan, “ Organizations: CNBC

☆ Nike is struggling to get its stride back
▼ + stars: | 2024-06-29 | by ( Alex Bitter | ) www.businessinsider.com time to read: +5 min

One answer rests in what the company calls its "lifestyle" business — basically, shoes and clothing meant for casual wear. Related storiesWhile revenue from performance products grew in Q4, declines in its lifestyle business overshadowed them, contributing to the worse-than-expected results. AdvertisementIn its last fiscal year, lifestyle products have grown to about 60% of Nike's business, UBS analyst Jay Sole estimates. "One of our big takeaways from Nike's 4Q report is its lifestyle business needs a major reset," Sole said. While CFO Friend said management is "confident that we are repositioning Nike to be more competitive," investors have yet to be convinced.

Persons: —, Matthew Friend, Friend, John Donahue, Jay Sole, Donahue, Jefferies, Randal Konik, Simeon Siegel, we're Organizations: Service, Business, Nike, Reuters, UBS, Nike's, Street, BMO Locations: China, Portland, Nike's

☆ These are Jefferies best stock ideas heading into the second half
▼ + stars: | 2024-06-28 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

Jefferies highlighted its best global stock picks as the second half of the year approaches, representing the firm's highest-conviction stocks with a buy rating. With its price target at 1,260 euros, he sees about 22.6% upside from Thursday's close. BofA also raised its price target by $193, or 146 euros, and maintained its buy rating on the stock. Petersen anticipates stock upside due to a stronger growth rate of data center chip sales. On Wednesday, the firm upgraded the stock to outperform from market perform and raised its price target by $26 to $170.

Persons: Jefferies, Janardan Menon, Menon, BofA, Lloyd Byrne, Jonathan Petersen, Petersen Organizations: Bank of America, Union semicaps, ConocoPhillips, Marathon, Digital Realty, BMO Capital Markets, Microsoft, Nintendo Locations: United States, Latin America, Europe, Middle East, Africa, Asia

The third quarter starts on Monday with corporate earnings trends largely intact, but showing early signs of trouble in tech land. The good news: for the big-cap tech companies that are truly dominating the market ( Apple , Microsoft , Alphabet , Nvidia , etc.) Still no recession, in the economy or in earnings So far, we have a deceleration in big-cap tech earnings and clear signs the consumer wants lower prices. Earnings trends for tech may still be rising (even if it is decelerating), but the rest of the market is generally flattish on earnings. Earnings: rising Positive Tech earnings: rising but decelerating Negative Job growth: strong but moderating Positive Interest rates: moderating Positive Inflation: moderating Positive Consumer: increasingly cautious Negative

Persons: Jensen, Nick Raich, it's, Raich, Lori Calvasina, We've, I've, you've, Levi Strauss, General Mills, Tim Wentworth, Taco Bell, Mills Organizations: Apple, Microsoft, Nvidia, Big, Meta, Jensen Huang's, Scout, U.S, Equity, RBC Capital Markets, CNBC, Nike, Walgreens, Micron, FedEx, General, . Companies, Southwest Airlines, Pool Corp, Urban Outfitters, Yum Brands

☆ Here are Thursday's biggest analyst calls: Nvidia, Apple, Broadcom, Micron, Goldman Sachs, Carvana, Arista & more
▼ + stars: | 2024-06-27 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Thursday's biggest calls on Wall Street: Goldman Sachs reiterates Micron as buy Goldman said investors should buy the dip in the stock following earnings on Wednesday. Jefferies reiterates Nvidia, Marvell and Broadcom as buy Jefferies said it's sticking with its buy rating on all three companies. " Morgan Stanley initiates Viking Therapeutics as overweight Morgan Stanley said the biotech company has "best-in-class potential." Morgan Stanley adds Goldman Sachs to the financials finest list Morgan Stanley added the investment banking giant to its top financials ideas list. Morgan Stanley reiterates Coca-Cola as overweight Morgan Stanley said it's sticking with its overweight rating on the beverage giant.

Persons: Goldman Sachs, Goldman, Bernstein, Apple, Mizuho, KBW, it's, Jefferies, AVGO, KeyBanc, Texas Consolidator, TD Cowen, Grindr, GRND, Morgan Stanley, JPM, Oppenheimer, Kyndryl, CVNA, Truist Organizations: Micron, Apple, Bank of America, Petrobras, of America, Mizuho, Holdings, Grab Holdings, New York Mellon, Deutsche Bank, Emerson Electric Deutsche Bank, Nvidia, Marvell, Broadcom, Energy, Crescent Energy Co, Citi, Arista Networks, Arista, Viking Therapeutics, Macquarie, TPG, Markets, JPMorgan, Bancorp, UBS, Disney, Cable Locations: MU, Brazil, Texas, North America, CA

☆ Here are Wednesday's biggest analyst calls: Nvidia, Amazon, Alphabet, FedEx, Tesla, Caterpillar, Shopify, Disney & more
▼ + stars: | 2024-06-26 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Here are the biggest calls on Wall Street on Wednesday: Stifel initiates Tesla at buy Stifel said it's bullish on Tesla for the long term. JPMorgan upgrades FedEx to overweight from neutral JPMorgan upgraded the shipping giant following earnings on Tuesday. Jefferies reiterates Alphabet as buy Jefferies said its survey checks show Alphabet is top of mind for consumers when it comes to AI. Citi reiterates Nvidia as buy Citi raised its price target on Nvidia to $150 per share from $126. Morgan Stanley downgrades Accenture to equal weight from overweight Morgan Stanley said shares of the IT company are "no longer" attractive.

Persons: Tesla, Stifel, it's, Piper Sandler, Piper, Goldman Sachs, Goldman, Mark Clouse, Carrie Anderson, Rebecca Gardy, Wolfe, HOOD, Warnick, Shopify, Rosenblatt, Nike's, Morgan Stanley, Jefferies, GOOGL, Stephens, Wells, BTIG, Northrop, Rivian, Piper Sandler downgrades Aptiv Organizations: JPMorgan, FedEx, Campbell, Barclays, Nu Holdings, BMO, Steel, Nippon, US Steel, X, Digital Realty, Citi, U.S, Caterpillar, Apple, Apple Intelligence, Android, UBS, Nike, Nvidia, Davidson, Home, Bank of America, " Bank of America, shipper, UPS, Cruises, Northrop Grumman, VW, JV, Accenture Locations: 1Q24, Mexico, Brazil, China, Houston, U.S, Rivian

☆ 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

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