DIRS.INFO The most relevant business & tech news

☆ Here are Monday's biggest analyst calls of the day: Apple, Tesla, Nio, Ferrari, Merck, Nvidia & more
▼ + stars: | 2023-03-06 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Monday's biggest calls on Wall Street: JPMorgan reiterates Amazon as a best idea JPMorgan says it's standing by its overweight rating on the stock. " Jefferies reiterates Tesla as buy Jefferies raised its price target on the stock to $230 per share from $180 and says it's standing by its buy rating. JPMorgan upgrades Vir Biotechnology to overweight from neutral JPMorgan said it likes the biotech company's product pipeline. JPMorgan reiterates General Electric as neutral After a change in analyst coverage, JPMorgan said GE's transformation continues but there's still more "work to do." Jefferies initiates Merck as buy Jefferies initiated the pharmaceutical company with a buy and said it has room for growth.

Here's an update on our energy, industrials and materials names in Jim Cramer's Charitable Trust, the portfolio we use at the CNBC Investing Club. In 2022, by contrast, the priority was its variable dividend, which changed quarter by quarter depending on its financial results. The industrial company is one of our more recently added holdings. He also mentioned that Halliburton's top boss, Jeff Miller, has expressed notable conviction that the company's stock price is too cheap. The alternative would be consolidating our holdings to two oil-and-gas producers, along with Halliburton as our third energy stock.

The news: Morgan Stanley said Alphabet, Amazon (AMZN) and Meta are among the stocks that are best positioned to capture long-term gains from maturing artificial intelligence (AI) capabilities. AI has the ability to "accelerate digital transformation, change consumer behavior and drive more durable multi-year digital growth," Morgan Stanley analysts wrote in a research note this week. Moreover, this "AI Effect" could create a $780 billion online advertising opportunity, with "GOOGL and META as the largest beneficiaries," according to Morgan Stanley. The Club take: The Morgan Stanley note is further validation of just how real the generative AI opportunity is. So, it's encouraging to see Morgan Stanley paint a positive picture about Apple in the near-to-medium term.

☆ EVs are billed as the future. But a potential skills gap is sparking concerns about cost and safety
▼ + stars: | 2023-02-27 | by ( Anmar Frangoul | ) www.cnbc.com time to read: +5 min

Thanks to growing concerns about emissions from road-based transportation, several big economies are gearing up for another huge change: the mass rollout of electric vehicles. There are concerns, however, that a skills gap may emerge in the near future, creating a big headache for both the automotive sector and drivers. "Aligned to Auto Trader Insight predictions, this suggests the skills gap — when there won't be enough technicians to service the electrified vehicle parc — will appear in 2029," it added. "But fundamentally, electric vehicles are totally different to internal combustion engine vehicles," he said. 'Chipping away at the skills gap'

☆ How big investors are playing the latest A.I. trend overtaking Wall Street
▼ + stars: | 2023-02-26 | by ( Samantha Subin | ) www.cnbc.com time to read: +7 min

But not every company with AI in its title, or a stake in the race, may be worth investors' hard earned cash. Given these recent developments, many investors recommend staying long Microsoft, including Sid Choraria, a portfolio manager at SC Asia. Microsoft's AI developments and the reported blunder of Google's chatbot during a promotional video have fueled concerns in recent weeks that Alphabet may be losing the AI war . "Stay focused on Alphabet," he said, adding that more AI developments should create additional revenue opportunities. Integrating an AI tool into Alibaba's business and more AI content generation should improve efficiency and boost advertising effectiveness, he added.

☆ Jim Cramer's top 10 things to watch in the stock market Thursday: Nvidia is AI, energy surprises, stocks up
▼ + stars: | 2023-02-23 | by ( Jim Cramer | ) www.cnbc.com time to read: +3 min

Shares of Club stock, which lost about 50% last year, jumped 10% early Thursday. Toll Brother s (TOL) sees price target hike at Raymond James to $67 per share from $61. 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.

☆ Three Years Into Covid, We Still Don’t Know How to Talk About It
▼ + stars: | 2023-02-22 | by ( Jon Mooallem | Photographs Ashley Gilbertson | ) www.nytimes.com time to read: +53 min

It will play out and reverberate for years or decades, Hagen told me. “The pathological normal,” Hagen calls it: a patchwork of homespun, bespoke realities, each one invested in a different story about what exactly happened when Covid ruptured the story of our lives. garb.”More than once, life seemed to be attaining “an uncanny resemblance to normal life,” as one man put it. But because we don’t totally understand where that experience has delivered us, we don’t know the right gloss to give it. “The days are strange,” one public-school teacher told Milstein toward the end of his first interview, in May 2020.

☆ Here are Wednesday's biggest analyst calls: Tesla, Apple, Coinbase, Shopify, Pinterest, Nvidia & more
▼ + stars: | 2023-02-22 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

"We are upgrading shares of Shopify to BUY from Neutral, as we believe the > 20% selloff post earnings has created an attractive entry point." Morgan Stanley reiterates Home Depot and Walmart as overweight Morgan Stanley said it's standing by its overweight ratings on shares of Home Depot and Walmart after the company's reported earnings on Tuesday. Morgan Stanley also trimmed its price target on Walmart to $160 per share from $161. Morgan Stanley reiterates Apple as overweight Morgan Stanley said the tech giant remains underowned among large-cap institutional investors. Morgan Stanley reiterates Salesforce as overweight Morgan Stanley said expectations are "low" and "mixed" ahead of the company's earnings report.

☆ Stay away: These stocks are expensive and most vulnerable to a consumer slowdown, Wolfe Research says
▼ + stars: | 2023-02-22 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

Consumer spending is likely to turn negative following "a series of rolling recessions," and there are several vulnerable stocks that investors may want to steer clear of in the months ahead, according to Wolfe Research. Most of them have highly volatile gross margins, leaving them vulnerable to disappointing consumer spending. It's followed in volatility by Peloton , with gross margin volatility of 31%. Its gross margin volatility is 13%. DraftKings and Las Vegas Sands are also near the top in terms of gross margin volatility, at 26% and 25%, respectively.

☆ Amazon, Wells Fargo, Microsoft, Nvidia are in the headlines. Here's our take on the news
▼ + stars: | 2023-02-22 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +6 min

Club holdings Amazon (AMZN), Wells Fargo (WFC) as well as Nvidia (NVDA) and Microsoft (MSFT) are in the news Wednesday. In buying tech-focused One Medical, Amazon has said the companies together can make visiting the doctor an easier and more convenient experience. The news: A pair of banking regulators are investigating record-keeping failures at Wells Fargo, according to the company's annual filing. Specifically, Wells Fargo said the probes from the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) are focused on "business communications sent over unapproved electronic messaging channels." The Club's take: This is new disclosure from Wells Fargo is not cause for concern.

☆ Trump seeks to bar evidence of 2 other alleged sexual assaults at rape defamation trial
▼ + stars: | 2023-02-17 | by ( Dan Mangan | ) www.cnbc.com time to read: +6 min

Trump's lawyers also asked Kaplan to prevent attorneys for Carroll, 79, from showing jurors evidence of Trump's speeches and statements when he campaigned for president. Leeds has said the now-76-year-old Trump sexually assaulted her on an airplane around 1979 after a stewardess invited her to sit next to him in first class. "Stoynoff's and Leeds' accusations against Trump, and his responses denying those accusations, are relevant evidence that he committed additional sexual assaults," the filing says. Carroll, in making her claims, joined at least two dozen or so women who have alleged sexual misconduct by Trump over five decades. During his own recent deposition by Carroll's lawyers, Trump repeated his claim that Carroll is not his type.

☆ Chipotle Mexican Grill to launch new spinoff, Farmesa Fresh Eatery, in a ghost kitchen
▼ + stars: | 2023-02-15 | by ( Amelia Lucas | ) www.cnbc.com time to read: +4 min

Chipotle Mexican Grill is launching a new spinoff, called Farmesa Fresh Eatery, in a California ghost kitchen. And, "when the time is right," Lawton said, Chipotle will use its loyalty program database to attract potential Farmesa customers. When opened, the Santa Monica location will be Kitchen United's 24th ghost kitchen. For Chipotle, Kitchen United's model allows the restaurant chain to test out the new brand with reduced risk. For now, Chipotle's chief purpose with the location is simply to learn, but that doesn't mean Farmesa won't grow.

The richest Black mothers and their babies are twice as likely to die as the richest white mothers and their babies. Yet there is one group that doesn’t gain the same protection from being rich, the study finds: Black mothers and babies. The researchers found that maternal mortality rates were just as high among the highest-income Black women as among low-income white women. The richest Black women have infant mortality rates at about the same level as the poorest white women. Generally, rates for Hispanic mothers and Asian mothers track more closely with those of white mothers than Black mothers.

☆ Electric vehicle stocks roar back to life in 2023 — Wall Street's favorite plays from here
▼ + stars: | 2023-02-08 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

The average analyst price target calls for at least a 10% gain in the next 12 months, per FactSet. It also has 82% upside to the average analyst price target. Rivian Automotive has a whopping 90% upside to the average analyst price target. Lastly, General Motors has nearly 15% upside to the average analyst price target, with 54% of analysts covering the Cadillac maker rating it a buy. While a majority of the analysts covering the stock rate it a buy, the average price target implies 1% downside.

☆ Tesla just ignited a price war in electric vehicles. Investors should see it as an opportunity
▼ + stars: | 2023-02-06 | by ( Carmen Reinicke | ) www.cnbc.com time to read: +11 min

The event may have created a compelling entry point for investors who have been on the sidelines of the long-term shift to electric vehicles. Electric vehicles are becoming much more popular in the U.S. but still make up a small portion of automobiles on the roads. Cutting prices certainly caught the eye of consumers and boosted interest in Tesla vehicles, according to data from Edmunds. And, there are still issues with electric vehicles that make them impractical for large groups of consumers, said Mike Ward, an analyst at The Benchmark Company. There’s also a huge potential in firms that make batteries, key parts of electric vehicles that are also seeing surging share prices.

Suppliers familiar with GM's production plans through 2025 support the notion the automaker continues to slow-walk electric vehicle investment and output while it continues to bank money from its big combustion-engine pickups and SUVs. GM on Tuesday stuck to its plan to produce a total of 400,000 electric vehicles for North America from 2022 through the first half of 2024. GM said it has secured all the battery materials it will need to build 1 million EVs a year in North America by 2025. In the short run, GM's go-slow approach could allow it to side-step the price war that Tesla launched earlier this month. The division has 90,000 reservations for the high-performance Hummer EVs and is sold out into next year, he said.

☆ Asian stocks edge down as investors eye central bank hikes
▼ + stars: | 2023-01-31 | by ( Julie Zhu | ) www.reuters.com time to read: +4 min

Interest rate announcements are due on Thursday from both the Bank of England and the European Central Bank - and both are expected to hike rates by 50 bps. U.S. stock futures, the S&P 500 e-minis , were down 0.06%. The Dow Jones Industrial Average (.DJI) fell 0.8% to 33,717.09, the S&P 500 (.SPX) lost 1.3% to 4,017.77 and the Nasdaq Composite (.IXIC) dropped 2.0% to 11,393.81. Despite Monday's declines, the S&P 500 remained on track to post its biggest January gain since 2019. In the energy market, oil prices fell ahead of the expected hikes by central banks and signals of strong Russian exports.

☆ Asian stocks slip as investors eye central bank hikes
▼ + stars: | 2023-01-31 | by ( Julie Zhu | ) www.reuters.com time to read: +3 min

Jan 31 (Reuters) - Asian shares traded cautiously and bonds nursed small losses on Tuesday as investors braced for an eventful week that includes central bank meetings, a slew of earnings reports and key U.S. economic data. Rate announcements are due on Thursday from both the Bank of England and the European Central Bank - and both are expected to hike rates by 50 bps. U.S. stock futures, the S&P 500 e-minis , rose 0.1%. The Dow Jones Industrial Average (.DJI) fell 0.8% to 33,717.09, the S&P 500 (.SPX) lost 1.3% to 4,017.77 and the Nasdaq Composite (.IXIC) dropped 2.0% to 11,393.81. Despite Monday's declines, the S&P 500 remained on track to post its biggest January gain since 2019.

☆ What to watch for when 9 Club holdings report earnings on Thursday
▼ + stars: | 2023-01-30 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +11 min

So far, earnings season has been mixed — we've seen some strong results from Club holdings Morgan Stanley (MS) and Halliburton (HAL). Projected revenue: $4.58 billion Projected EPS: $1.30 Conference call at 9:30 a.m. Projected revenue: $7.33 billion Projected EPS: $1.81 Conference call at 10 a.m. Projected revenue: $9.26 billion Projected EPS: $2.51 Conference call at 8:30 a.m. Projected revenue: $121.19 billion Projected EPS: $1.94 Conference call at 5 p.m.

☆ Earnings playbook: Apple and Google-parent Alphabet lead the busiest week of reports
▼ + stars: | 2023-01-29 | by ( Fred Imbert | ) www.cnbc.com time to read: +14 min

Tuesday General Motors is set to report earnings before the bell, followed by a conference call at 8:30 a.m. What history shows: Data from Bespoke Investment Group shows GM beats earnings expectations 85% of the time. McDonald's is set to report earnings before the bell, with company leadership set to hold a call 8:30 a.m. What history shows: Qualcomm has either beaten or matched analysts' earnings expectations in the last 32 quarters, according to FactSet. Alphabet is set to report earnings after the close, followed by a conference call at 4:30 p.m.

☆ Fact Check-No evidence that four AI robots killed 29 scientists in Japan or South Korea
▼ + stars: | 2023-01-23 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

There is no evidence to support claims online that four artificial intelligence robots killed 29 scientists in a lab in Japan or South Korea. “Japanese A.I Robots Murders 29 Scientists,” reads one tweet (here). Some posts say that the supposed incident happened in Japan, while others (fb.watch/i9iz5cDId7/) place it to South Korea. Reuters found no evidence that such an incident took place in Japan or South Korea. There is no evidence to support claims circulating online that 29 scientists were killed in a lab in Japan or South Korea by four artificial intelligence robots.

☆ Here are Monday's biggest analyst calls: Tesla, Meta, Qualcomm, Zoom, Apple, Costco, Wayfair & more
▼ + stars: | 2023-01-23 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Monday's biggest Wall Street calls: MKM downgrades Zoom to neutral from buy MKM said it sees growth stalling for the video-conferencing company. Baird adds Tractor Supply as a fresh pick Baird named Tractor Supply as a fresh pick, noting it sees upside to estimates. Barclays downgrades Warner Music to equal weight from overweight Barclays said the music company's financial performance is too volatile. Jefferies naming Caterpillar a top pick Jefferies said it sees upside to estimates for shares of Caterpillar. Barclays downgrades Tapestry to equal weight from overweight Barclays said it's concerned about a "negative promotional inflection" for Tapestry .

☆ Here are Friday's biggest analyst calls: Netflix, Tesla, Apple, Coinbase, Tesla, Ralph Lauren & more
▼ + stars: | 2023-01-20 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Here are Friday's biggest calls on Wall Street: Mizuho reiterates Amazon as buy Mizuho said it's standing by its buy rating on the e-commerce giant. Barclays upgrades Ralph Lauren to overweight from equal weight Barclays said Ralph Lauren is a "best-in-class" apparel brand. JPMorgan upgrades Regeneron to overweight from equal weight JPMorgan said it sees several positive catalysts ahead for the biotech company in 2023. JPMorgan reiterates Netflix as overweight JPMorgan said it sees growth potential after the company's strong earnings report on Thursday after the bell. JPMorgan reiterates Coinbase as neutral JPMorgan said Coinbase is a beneficiary of other company's challenges from the FTX fallout.

☆ Morgan Stanley CEO says the bank's push for more stable revenue streams has worked. It's a key reason we own the stock
▼ + stars: | 2023-01-19 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +7 min

Acquisitions were a big part of how Morgan Stanley maneuvered its way into the middle of that money flow. Morgan Stanley CEO James Gorman Economic outlook Gorman was also asked about his thoughts on the global economy, inflation and the Federal Reserve. The Club's take Despite widespread recession fears since last year, the Club has maintained its belief in Morgan Stanley. As of right now, we've got a 2 rating on Morgan Stanley, meaning we'd wait for a pullback before buying more shares. Morgan Stanley shares carry a roughly 3.3% dividend yield, and it bought back $1.7 billion worth of stock in the fourth quarter.

☆ Here are Wednesday's biggest analyst calls: Apple, IBM, Amazon, Tesla, Exxon, Gap, Netflix & more
▼ + stars: | 2023-01-18 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Morgan Stanley upgrades Gap to equal weight from underweight Morgan Stanley said it sees more "upside than downside" for the stock. Morgan Stanley downgrades Skechers to equal weight from overweight Morgan Stanley downgraded the stock on valuation. Morgan Stanley names Apple a top 2023 pick Morgan Stanley said Apple is a "rare best-of-both worlds outperformer." Morgan Stanley names Amazon a top 2023 pick Morgan Stanley said Amazon is operating from a "leading e-commerce profit generating position." Morgan Stanley downgrades IBM to equal weight from overweight Morgan Stanley downgraded IBM and said "late cycle outperformance [has] runs its course."

Organizations: & $

Search resuls for: "E ."

25 mentions found