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☆ Fugitive $100 million New Jersey deli defendant Peter Coker Jr. arrested in Thailand
▼ + stars: | 2023-01-18 | by ( Dan Mangan | ) www.cnbc.com time to read: +2 min

Peter Coker Jr., who last was known to be living in Hong Kong, is one of three people charged in the case involving the deli owner, Hometown International , and a related shell company, E-Waste . The Bangkok Post reported that the 54-year-old Coker Jr. was arrested on Jan. 11 in a hotel room in the Thalang district of Phuket province, Thailand. The newspaper said Coker Jr. was arrested pursuant to so-called red and black notices issued by the International Criminal Police Organization, Interpol. Local Thai police, working with the FBI, arrested Coker, after tracking him to the hotel, The Post reported. Coker Jr. had served as chairman of Hometown International, whose sole asset for years was the Your Hometown Deli in Paulsboro, New Jersey.

A father spent most of the weekend in jail after his young boy was seen on security video waving a loaded handgun around an Indiana apartment complex, authorities said Monday. At first, the boy moves rapidly to a staircase and points the gun down its slope for a beat, the video shows. Officers responding to the report of the boy with a gun were being recorded for immediate broadcast on "On Patrol: Live" on cable network Reelz. The neighbor said she looked through her front door peephole and saw the boy standing above with the gun held behind his back. A woman with the same last name as the suspect lives in a separate apartment, according to the report.

☆ Morgan Stanley's Q4 results show the Club holding is firing on all cylinders, as the stock soars
▼ + stars: | 2023-01-17 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

Those deals — valued at roughly $13 billion and $7 billion, respectively — pushed Morgan Stanley further into the money management world. Expense efficiency ratio is a measure of efficiency that is calculated as total non-interest expenses divided by net revenue. Segment results Institutional securities net revenue of $4.8 billion for the fourth quarter missed analysts' forecasts of nearly $5.09 billion. Wealth management net revenue of $6.63 billion for the quarter exceeded Wall Street's expectations of $6.29 billion. Investment management net revenue of $1.46 billion for the quarter outpaced the $1.29 billion consensus estimate.

☆ Here are Friday's biggest analyst calls: Tesla, Apple, Amazon, AMC, Netflix, Caterpillar & more
▼ + stars: | 2023-01-13 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Friday's biggest calls on Wall Street: Bank of America upgrades Caterpillar to buy from neutral Bank of America said in it sees a multiyear growth story for the industrial giant. Guggenheim downgrades Tesla to sell from neutral Guggenheim said numbers are too optimistic ahead of Tesla 's earnings later this month. Deutsche Bank downgrades Logitech to hold from buy Deutsche said it's concerned about weakening PC demand trends. Bank of America reiterates Alphabet as buy Bank of America said it's standing by its buy rating on the stock, but that it sees further headcount reductions this year. Bank of America names Netflix a top pick Bank of America said Netflix is one of the best positioned media company's for the permanent shift to streaming.

☆ Here are Wednesday's biggest analyst calls: Apple, Tesla, Netflix, Amazon, Salesforce, Levi's & more
▼ + stars: | 2023-01-11 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Bank of America downgrades Coinbase to underperform from neutral Bank of America said it sees too many headwinds for the crypto exchange. Goldman Sachs downgrades Jefferies to neutral from buy Goldman said it sees a "backlog decline" for the investment bank company. Bank of America upgrades Toll Brothers and Pulte Group to buy from neutral Bank of America upgraded several homebuilders, citing compelling valuations. "We upgrade PulteGroup to Buy (from Neutral), Toll Brothers to Buy (from Neutral), and Lennar to Neutral (from Underperform). Bank of America upgrades Dow to neutral from underperform Bank of America said it's taking a more "offensive" approach to the stock.

☆ Know what's in your ETFs: Wild divergence in retail funds to start 2023
▼ + stars: | 2023-01-11 | by ( Jesse Pound | ) www.cnbc.com time to read: +3 min

At the same time, several online retail stocks have boomed, thanks in part to China abandoning its zero Covid policy. That has created a large gap between some retail ETFs, with broader funds lagging behind those with an e-commerce focus. For example, the Amplify Online Retail ETF (IBUY) and ProShares Online Retail ETF (ONLN) gained 7.7% and 8.1%, respectively in the first five trading days of the year. IBUY YTD mountain Online retail ETFs like IBUY are off to a fast start in 2023. Any reversal there could push retail ETFs that also hold more traditional "brick-and-mortar" stores, back into the lead.

☆ Here are Tuesday's biggest analyst calls: Apple, Exxon, Amazon, Boeing, Spotify, Microsoft & more
▼ + stars: | 2023-01-10 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Morgan Stanley downgrades Boeing to equal weight from overweight Morgan Stanley downgraded the stock mainly on valuation. Morgan Stanley names Taiwan Semiconductor a catalyst driven idea Morgan Stanley said it's bullish heading into the semiconductor company's earnings later this week "Comments on 2023 full-year guidance and semi cycle recovery are keys to watch. Morgan Stanley resumes Virgin Galactic as equal weight Morgan Stanley resumed coverage of the space flight company and says it has first mover advantage. Morgan Stanley reiterates Spotify as overweight Morgan Stanley said Spotify has several levers to pull and that it's a self-help story. JPMorgan reiterates Apple as overweight JPMorgan said it appears that iPhone lead times are moderating for Apple.

☆ These 6 Club stocks look reasonably priced as Wall Street shuns high flyers
▼ + stars: | 2023-01-06 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +8 min

We're focusing on forward price-to-earnings ratios, calculated by dividing share price by estimated earnings-per-share over the next 12 months. In this high-level hypothetical, start with the multiple you want to pay and multiply that by forward earnings estimates. But now growth is less certain and interest rates are going up, so you think paying 10x forward earnings is too risky. Instead, you think paying 8x forward earnings is more appropriate, meaning you're only willing to pay $40 per share. Oilfield services provider Halliburton (HAL) trades at roughly 13x forward earnings, a valuation that we find very reasonable.

☆ Wall St Week Ahead Stock swoon resets valuations but recession risk, rates cloud outlook
▼ + stars: | 2023-01-06 | by ( Lewis Krauskopf | ) www.reuters.com time to read: +5 min

The S&P 500 tumbled 19.4% in 2022, as the Federal Reserve's aggressive rate hikes designed to tamp down 40-year high inflation punished asset prices. The market's 2022 slide cut the ratio of price to forward earnings estimates to around 17 from about 21.7 a year ago, according to Refinitiv Datastream. S&P 500 forward price-to-earnings ratio over timeValuations may still be too high if a recession comes to pass, as many on Wall Street expect. Combined with an expectation of weakening earnings estimates, that would lower the S&P 500 to 3,200, UBS said, roughly 16% below current levels. The 2022 surge in interest rates also could undermine stock valuations by making relatively safe assets like U.S. Treasuries more attractive alternatives.

☆ Bill Miller doubles down on Amazon after a rough year, while shorting Tesla increasingly
▼ + stars: | 2023-01-06 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Value investor Bill Miller said he's doubling down on Amazon after a brutal year, and growing his short position on Tesla . Miller said he recently bought more Amazon shares. His hedge fund Miller Value Partners held 695,000 shares, worth about $78.5 million, at the end of the third quarter. "I think it's one of the easiest names in the market," Miller said on CNBC's " Closing Bell " on Friday. AWS, Amazon's cloud-based segment, is worth almost the whole price of Amazon, Miller said.

☆ Here are Friday's biggest analyst calls of the day: Apple, Amazon, Uber, Nike, Boeing, Netflix & more
▼ + stars: | 2023-01-06 | by ( Michael Bloom | ) www.cnbc.com time to read: +10 min

Baird names Boeing a top 2023 pick Baird named Boeing as a top idea this year and says it sees a recovery in aerospace. UBS names Target a top pick in 2023 UBS says it sees Target as a market share gainer in 2023. Wells Fargo initiates Snowflake as overweight Wells said in its initiation of the stock that it's built to "weather the storm." Piper Sandler names Amazon a top 2023 pick Piper Sandler says it sees share gains and easing comps for the e-commerce giant. " Bank of America names Domino's a top 2023 pick The firm says Domino's is well positioned in a declining macroeconomic environment.

☆ Amazon’s 18,000 job cuts don't go far enough expect more layoffs
▼ + stars: | 2023-01-05 | by ( Paulina Likos | ) www.cnbc.com time to read: +4 min

Amazon 's (AMZN) plans to cut 18,000 workers is a drop in the bucket relative to its workforce of roughly 1.5 million. "They hired a huge number of people ... firing 18,000 people frankly is nothing," Jim Cramer said Thursday on CNBC. If there are more cuts ahead, the market will likely reward the stock and push it higher. Meta announced in November it was letting go of roughly 13% of its workforce , but those cuts are insufficient, too. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ BMW teases a talking car that shifts colors like a chameleon
▼ + stars: | 2023-01-05 | by ( Joseph White | ) www.reuters.com time to read: +2 min

BMW plans to launch a new lineup of electric vehicles, which it is calling the Neue Klasse, or new class. The BMW concept was very much a show car, with elements that could be challenging to put into mass production at competitive prices. But Zipse told a packed theater at the Palms Casino that BMW "will bring this technology into our Neue Klasse ... in serious production." Playing on its long-time slogan "the ultimate driving machine," BMW said the "Dee" technology could make future cars the "ultimate companion." The i Vision Dee car has 240 separate color cells that can change individually.

☆ Here are Wednesday's biggest analyst calls: Apple, Tesla, Rivian, Target, Microsoft, Etsy & more
▼ + stars: | 2023-01-04 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are the biggest calls on Wall Street on Monday: UBS downgrades Microsoft to neutral from buy UBS said in its downgrade of the stock that it's concerned about Microsoft Office risks. Wells Fargo downgrades Target to equal weight from overweight Wells said in its downgrade of the stock that it sees too much 2023 uncertainty. " UBS downgrades JB Hunt to neutral from buy UBS said in its downgrade of the shipping company that it sees volume and pricing risk. UBS downgrades Honeywell to sell from buy UBS said in its downgrade of the stock that the multiple is "inflated." UBS reiterates Amazon as buy UBS lowered its price target on the e-commerce giant to $125 per share from $165 but says it's standing by the stock.

☆ Wall Street veteran names the stocks that could go to $0 — and his favorites in tech
▼ + stars: | 2023-01-03 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

He calls those companies "zombie stocks" with heavy cash burn. FTX, Zombie Stocks, Meme Stocks, ESG," Trainer said. 'Zombie' stocks to avoid Trainer, a former Wall Street analyst who has been bearish on tech stocks, compiled a list of "zombie" companies which risk of running out of cash. Trainer told CNBC Pro that the best tech stocks to buy are those with strong cash flows and with valuations that underestimate the firm's ability to generate cash in the future. His favorite tech stocks include Qualcomm , Alphabet , Cisco and Oracle .

☆ Fact Check-Old hoax about an alien figure hidden on the dollar bill
▼ + stars: | 2022-12-28 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

There is no evidence that increasing the contrast on an image of a U.S. dollar bill reveals a hidden alien figure, contrary to an old hoax that is recirculating online. This is what happens when you increase the contrast on a dollar bill.” (here)Comments on the post include, “It’s all hidden in plain sight,” “WTF Democratic Party” and “Not surprised. An image of an authentic dollar bill is available ( here ) on the website of the U.S. Currency Education Program. An image comparing the authentic dollar bill and the first panel of the altered image that is being shared can be seen ( imgur.com/a/CsURL19 ). An image of a U.S. dollar bill has been altered to make it appear to show an alien figure.

☆ The Investing Club's top 5 things to watch in the market Tuesday: Stocks edge up, China, Tesla
▼ + stars: | 2022-12-27 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

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. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the 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.

☆ Here are Wednesday's biggest analyst calls: Apple, McDonald's, Alphabet, Amazon, Tesla, Meta & more
▼ + stars: | 2022-12-21 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Here are Wednesday's biggest calls on Wall Street: Citi reiterates Apple as buy Citi said it sees several reasons that Apple stock is likely trade higher. Jefferies names McDonald's a top 2023 pick Jefferies said the fast food giant is a top defensive idea for 2023. Jefferies downgrades Starbucks to hold from buy Jefferies said it sees a more "balanced" risk/reward outlook for the stock. Evercore ISI reiterates Alphabet as outperform Evercore lowered its estimates on the stock but said it's still "highly attractive" for long-term investors. UBS reiterates Nike as buy UBS said Nike's earnings growth potential is "underestimated" after the company's earnings report on Tuesday.

☆ Jan. 6 committee highlights: Panel votes on criminal referrals for Trump and others
▼ + stars: | 2022-12-20 | by ( Rebecca Shabad | Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Jonathan-Allen-Circle-Byline-Template.Jpg | ) www.nbcnews.com time to read: +48 min

“By the time President Trump was preparing to give his speech, he and his advisors knew enough to cancel the rally. “Some have suggested that President Trump gave an order to have 10,000 troops ready for January 6th. On far-right groups drawing inspiration from Trump: Trump has not denied that he helped inspire far-right groups, including the Proud Boys and Oath Keepers, to violently attempt to obstruct the official certification proceedings on Jan. 6. "There is no question from all the evidence assembled that President Trump did have that intent." Share this -Link copiedInside the final Jan. 6 committee meeting The Jan. 6 committee met for what’s likely its final public meeting, with many of the usual faces present.

☆ Jan. 6 committee live updates: Panel votes on criminal referrals for Trump and others
▼ + stars: | 2022-12-19 | by ( Summer Concepcion | Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Summer-Concepcion-Byline-Jm.Jpg | ) www.nbcnews.com time to read: +42 min

Committee details Trump allies' efforts to obstruct its investigation In its report summary, the committee detailed some of the efforts to obstruct its investigation. On far-right groups drawing inspiration from Trump: Trump has not denied that he helped inspire far-right groups, including the Proud Boys and Oath Keepers, to violently attempt to obstruct the official certification proceedings on Jan. 6. "There is no question from all the evidence assembled that President Trump did have that intent." Share this -Link copiedInside the final Jan. 6 committee meeting The Jan. 6 committee met for what’s likely its final public meeting, with many of the usual faces present. The committee will likely reveal Eastman’s referrals during Monday’s meeting, in addition to expected criminal referrals for Trump.

☆ Airlines can price climate change into your plane ticket. There are reasons to not buy it
▼ + stars: | 2022-12-17 | by ( Trevor Laurence Jockims | ) www.cnbc.com time to read: +11 min

United Airlines , for example, has committed to net zero carbon by 2050 without any contribution from traditional carbon offsets. Southwest Airlines ' "Wanna offset carbon?" Consumer psychology and the environmentIt's not just about the dollar amount of the carbon offset purchase in the consumer psychology. If airline travelers want to stay environmentally conscious without paying carbon offset fees, Keyes recommends choosing cheaper airlines when traveling. "It's true that we all have a part to play in reducing carbon emissions.

☆ Here are Wednesday's biggest analyst calls: Tesla, Apple, Amazon, Exxon Mobil, Nike, Best Buy & more
▼ + stars: | 2022-12-14 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Morgan Stanley names Exxon Mobil a top 2023 pick Morgan Stanley said Exxon Mobil is one of the best-positioned stocks heading into 2023. Morgan Stanley reiterates Apple as overweight Morgan Stanley said concerns about App Store competition are overdone. Bank of America downgrades Best Buy to underperform from neutral Bank of America said the environment is too challenging right now for Best Buy. Bank of America reiterates Nike as neutral Bank of America said it's cautious going into Nike earnings next week. Bank of America reiterates Alphabet as buy Bank of America said it's sticking with its buy rating on Alphabet but that investors need to hear more about the Google parent's cost-cutting initiatives.

☆ Here are Tuesday's biggest analyst calls: Amazon, Tesla, Home Depot, Pfizer, Pinterest, Nike & more
▼ + stars: | 2022-12-13 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Goldman Sachs upgrades Pfizer to buy from neutral Goldman said that it's bullish Pfizer's upcoming pipeline. Citi downgrades Robinhood to neutral from buy Citi said that Robinhood's outlook is too murky right now. Goldman Sachs upgrades Humana to buy from neutral Goldman upgraded the healthcare company and says it sees "improved competitive positioning." Citi initiates Wayfair and Etsy as buy Citi said it sees an attractive risk/reward outlook for Wayfair and Etsy . Citi initiates Carvana as neutral Citi said the online used car company needs to focus on profitability.

☆ Here are Friday's biggest analyst calls: Apple, Tesla, McDonald's, Netflix, Carvana, Microsoft & more
▼ + stars: | 2022-12-09 | by ( Michael Bloom | ) www.cnbc.com time to read: +9 min

Cowen names Costco a top 2023 pick Cowen said Costco is well positioned in a deteriorating macro environment. " Cowen names Caterpillar a top 2023 pick Cowen said the company is well positioned heading into 2023. Cowen names Netflix a top 2023 pick Cowen said it sees free-cash flow ramping up for Netflix in 2023. Morgan Stanley reiterates Apple as overweight Morgan Stanley said investors should take advantage of any weakness and buy the dip in shares of Apple . Morgan Stanley reiterates Lululemon as overweight Morgan Stanley said the company's fundamentals remain strong after its earnings report on Thursday. "

☆ Here are Thursday's biggest analyst calls: Amazon, Chevron, Chipotle, Lowe's, Hershey, AT&T & more
▼ + stars: | 2022-12-08 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Wall Street's biggest calls on Thursday: Bank of America reiterates Chevron as buy Bank of America said it's standing by its buy rating on the oil and gas giant after it announced its 2023 capital budget on Wednesday. JPMorgan upgrades Vulcan Materials to overweight from neutral JPMorgan said risks for the construction materials company are already priced in. UBS initiates Shopify as sell UBS said it's concerned about increasing competition. UBS upgrades Hershey to buy from neutral UBS said it's becoming bullish on the chocolate and candy maker's long-term growth. Bank of America reiterates Lowe's as buy Bank of America said shares of Lowe's remain attractive.

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