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☆ Stocks making the biggest moves midday: Wynn Resorts, Planet Fitness, AMC, Lyft and more
▼ + stars: | 2022-09-26 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

An exterior view shows Encore Las Vegas (L) and Wynn Las Vegas as the coronavirus continues to spread across the United States on March 15, 2020 in Las Vegas, Nevada. Las Vegas Sands, Wynn Resorts — Shares of the casino operators both soared about 11% after Macao announced its plan to allow Chinese tour groups back in the casinos as soon as November. Chegg — Shares of the educational tech company jumped more than 6% after Needham upgraded the company to a buy rating from hold. Planet Fitness - The gym stock jumped 2% after Raymond James upgraded Planet Fitness to strong buy from market perform. Lyft – Shares of the ride hailing company fell about 3% after UBS downgraded the stock to neutral from a buy.

☆ Oil supply risks of Ukraine war have overshadowed by demand concerns, says Raymond James' Molchanov
▼ + stars: | 2022-09-23 | 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 EmailOil supply risks of Ukraine war have overshadowed by demand concerns, says Raymond James' MolchanovPavel Molchanov, Raymond James energy analyst, joins 'Power Lunch' to discuss the recent moves in the crude oil market, if there will be a supply response to a potential demand decrease and what types of stocks in the space are now well positioned.

☆ The Fed's rate hike was just the beginning as banks around the world adjust policy - but the uncertainty doesn't mean the market can't rally.
▼ + stars: | 2022-09-23 | by ( Phil Rosen | ) www.businessinsider.com time to read: +6 min

The Federal Reserve's Wednesday rate hike was just the beginning of the world's fight against inflation. A smattering of other central banks have followed suit, while some others took a different course. For now, pain fueled by central banks is likely to continue. The Fed's 75 basis-point rate hike on Wednesday was the first of many such moves this week as the policymakers globally confront surging prices. Three investing experts explained how to adjust your portfolio to benefit from the Fed's rate hike and rising inflation.

The special master appointed to review documents federal agents seized at Donald Trump’s Florida estate has given the former president until next Friday to back up his allegation that FBI planted evidence in the search on Aug. 8. Following the FBI search of his Mar-a-Lago resort in Palm Beach, Trump and his lawyers have publicly insinuated on multiple occasions without providing evidence that agents had planted evidence during the search. In an filing Thursday, Senior U.S. District Judge Raymond J. Dearie of New York, the court-appointed special master, ordered the government to turn over copies of all non-classified items seized in the case to Trump's lawyers by Monday. Dearie also asked Trump's lawyers to identify any items that were seized by agents but not listed in the inventory. Both sides were ordered to appear for a status conference in the case on Oct. 6.

☆ Watch CNBC's full interview with Raymond James' Aaron Kessler
▼ + stars: | 2022-09-22 | 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 EmailWatch CNBC's full interview with Raymond James' Aaron KesslerAaron Kessler, Raymond James internet analyst, joins 'Squawk on the Street' to discuss his thoughts on Meta's decision to cut headcount and more.

☆ With valuations coming in and cost cuts, we like Alphabet and Meta, says Raymond James' Kessler
▼ + stars: | 2022-09-22 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWith valuations coming in and cost cuts, we like Alphabet and Meta, says Raymond James' KesslerAaron Kessler, Raymond James internet analyst, joins 'Squawk on the Street' to discuss his thoughts on Meta's decision to cut headcount and more.

☆ A 24-year investing veteran shares 15 stock picks to buy now as earnings decline and the economy shifts under rising interest rates
▼ + stars: | 2022-09-22 | by ( James Faris | ) www.businessinsider.com time to read: +4 min

A teetering global economy could cause earnings to decline, said Tavis McCourt of Raymond James. Here are 15 stocks that McCourt and Raymond James are bullish on right now. That multiple is above the S&P 500's long-term average but is warranted because of the shaky prospects for foreign stocks, McCourt said. Buy these 15 stocks and play defense as the economy evolvesIn addition to sharing his economic outlook, McCourt gave Insider a list of 15 of his favorite stock picks right now. The first two themes can help investors get defensive while the latter two speak to how the economy is shifting.

☆ 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.

The special master appointed to review documents seized by federal agents who searched former President Donald Trump's Florida estate appeared doubtful Tuesday about Trump's contention that he had declassified the various top secret and other highly sensitive documents found there. The special master, Senior U.S. District Judge Raymond J. Dearie, had previously asked Trump's attorneys for more information about which of the over 100 sensitive documents federal agents found at his Mar-a-Lago estate might have been declassified. During a hearing in a Brooklyn federal court, Dearie noted the current case is a civil dispute, not a criminal one, but that he was taking the government's concerns about national security seriously. "As far as I'm concerned, that's the end of it," Dearie said, unless Trump's team has some evidence to the contrary. “We are starting from scratch and we would be well served to have time to look at the documents," Trusty said.

☆ 3 of our big tech companies are holding events this week. Here’s what we’re looking for
▼ + stars: | 2022-09-20 | by ( Paulina Likos | ) www.cnbc.com time to read: +6 min

Three of our Club holdings — Salesforce (CRM), Nvidia (NVDA) and Qualcomm (QCOM) — will be hosting events this week that we believe have the potential to be catalysts for their stocks. However, it did announce a new $10 billion repurchase program and reiterated a commitment to disciplined margin, cash flow, and revenue growth. Nvidia Nvidia faces a video gaming chip glut and new license requirements that could put China sales at risk. 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.

☆ Delta Looks to Improve Margins, Cut Debt as Travel Rebounds
▼ + stars: | 2022-09-19 | by ( Nina Trentmann | ) www.wsj.com time to read: +8 min

September has been off to a good start, Mr. Janki said at a conference last week. Consumer demand remains strong and corporate travel—an important income generator for Delta before the pandemic—is recovering, Mr. Janki said. “We are keenly focused on continuing to strengthen the balance sheet and drive debt down,” Mr. Janki said. Adjusted net debt stood at $19.6 billion at the end of the second quarter, Delta said. Mr. Janki wants his 600-people strong finance team to rely more on data and improve its systems, including streamlining information in the cloud.

☆ What Cramer is watching Monday — bond yields up, stocks down again as Wall Street on Fed watch
▼ + stars: | 2022-09-19 | by ( Jim Cramer | ) www.cnbc.com time to read: +5 min

Morgan Stanley talks about the need to show why Club holding Salesforce (CRM) should stabilize out of Dreamforce conference. I think that's wrong: it's Club holding TJX Companies (TJX), off-price retailer behind T.J. Maxx, Marshall's and HomeGoods. Bank of America says do not sell Club holding Amazon (AMZN) on FedEx (FDX) warning. How about Club holding Disney (DIS)? As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Here are Monday's biggest analyst calls: Apple, Amazon, Adobe, Peloton, Bed Bath & Beyond and more
▼ + stars: | 2022-09-19 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Oppenheimer reiterates Peloton as outperform Oppenheimer said it sees signs that Peloton's turnaround is starting to take hold. Bank of America reiterates Amazon as buy Bank of America noted that Amazon is poised to gain share, especially after FedEx's disappointing earnings report last week. JPMorgan reiterates Apple as overweight JPMorgan said in a note that demand remains "elevated" for Apple's latest iPhone models. Jefferies reiterates Bed Bath & Beyond as hold Jefferies said its analysis shows retailers such as Walmart and Target are key beneficiaries of Bed Bath & Beyond store closures. "After reviewing locations of upcoming Bed Bath store closures, we believe Walmart, Target, and Big Lots will be prime beneficiaries of sales transfer.

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☆ What Cramer is watching Wednesday — bonds crush us, J&J sets $5 billion buyback, Starbucks raises
▼ + stars: | 2022-09-14 | by ( Jim Cramer | ) www.cnbc.com time to read: +5 min

Club holding Johnson & Johnson (JNJ) announces a $5 billion buyback and affirms adjusted operational EPS of $10.70, or 9.2% growth, for the full year. Club holding Starbucks (SBUX) raises guidance significantly, high single-digit earnings per share and double-digit revenues. Club holding Costco' s (COST) Kirkland doing well by the way but so are branded. Club holding Apple (AAPL) back on its ramp? As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Raymond James upgrades PayPal, says stock can rally nearly 30%
▼ + stars: | 2022-09-14 | by ( Carmen Reinicke | ) www.cnbc.com time to read: +2 min

Raymond James sees strong upside for PayPal going forward. Raymond James has grown confident that PayPal's forward estimates have bottomed after challenging quarters and that the depressed multiple should move higher as forecasts rebound. The firm's math suggests that OVAS could see up to $900 million of incremental revenue in the full year 2023 based on the current Fed funds forward curve. The company also recently approved $15 billion in share buybacks, which should also lift the stock in the coming years. All in, Raymond James sees a comfortable runway for double-digit growth for PayPal in the coming years and is confident in recommending shares again.

☆ Airline unions urge carriers not to resume buybacks when bailout ban ends this fall
▼ + stars: | 2022-08-18 | by ( Leslie Josephs | ) www.cnbc.com time to read: +4 min

A United Airlines flight crew walks through the terminal at San Francisco International Airport on April 12, 2020 in San Francisco, California. Labor unions don't want them to spend it on stock buybacks. A condition of the $54 billion in federal aid that airlines received to pay workers during the Covid pandemic prohibited carriers from share buybacks. Many of the workers represented by the unions advocating against a resumption of buybacks are in contract negotiations with their carriers. She estimated that the earliest that airlines would resume would be mid-2023, with Alaska Airlines and Southwest the most likely candidates among U.S. carriers.

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