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☆ Stocks making the biggest moves midday: Peloton, AMD, Altria, Snap and more
▼ + stars: | 2023-02-01 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

Advanced Micro Devices — Shares of chipmaker Advanced Micro Devices jumped 7.9% after the company reported earnings that beat Wall Street's expectations, according to Refinitiv. AMD also showed relative strength after competitor Intel's disappointing quarter, analysts said. Snap — Shares of the social media company plunged 14% after the firm reported quarterly revenue that missed Wall Street's expectations, according to Refinitiv. Stryker — Shares rallied about 7% after the company reported adjusted fourth-quarter earnings of $3 per share, above FactSet's estimate of $2.84. The Chili's parent company reported 76 cents in adjusted earnings per share on $1.02 billion in revenue.

☆ Stocks making the biggest premarket moves: Peloton, Snap, AMD, Electronic Arts & more
▼ + stars: | 2023-02-01 | by ( Michelle Fox | ) www.cnbc.com time to read: +2 min

Check out the companies making the biggest moves in premarket trading:Peloton — The fitness equipment maker jumped more than 5% in the premarket after reporting fiscal second quarter revenue of $792.7 million, above a Refinitiv forecast of $710 million. Peloton said its net loss narrowed year over year and subscription revenue was higher than sales of the product. Advanced Micro Devices — Shares of chipmaker AMD rose more than 3% premarket after the company reported fourth-quarter earnings and revenue that beat Wall Street expectations. Electronic Arts — Shares of the video game publisher fell nearly 10% after the Electronic Arts' fiscal third quarter results missed expectations for adjusted earnings and net bookings, according to StreetAccount. Match Group — The online dating company slid 8.3% after reporting quarterly revenue that missed Wall Street expectations.

☆ Stocks may face an inflection point in the week ahead as the Fed meets and Apple posts earnings
▼ + stars: | 2023-01-27 | by ( Patti Domm | In | ) www.cnbc.com time to read: +9 min

The Fed's meeting Tuesday and Wednesday comes amid a flood of corporate earnings reports, with about 20% of the S & P 500 reporting that week. The most important day for earnings is Thursday, when Apple , Alphabet and Amazon report after the bell. The Nasdaq Composite was up 11% for the month as of Friday afternoon, well ahead of the 6.2% gain in the S & P 500. Traders have been watching the S & P 500 edge closer to the key threshold of 4,100 , its high from December. AAPL 1Y line apple Apple is also important because of the signals it can send about the strength of the consumer, supply chains and China's reopening.

☆ Chili's CEO bought grills that can cook a medium steak in under 3 minutes — and says they could shave more than $5 million in losses from unhappy customers
▼ + stars: | 2023-01-09 | by ( Nancy Luna | ) www.businessinsider.com time to read: +2 min

Over the summer, Chili's was testing drone delivery and dining-room robots to improve operations. But, under new CEO Kevin Hochman, Brinker-owned Chili's ditched robots in favor of kitchen automation. "The robotics were slower than what our servers can do," Hochman told Insider. "The robotics were slower than what our servers can do," Hochman told Insider. That alone is likely to save the company millions of dollars from having to comp steaks sent back by unhappy customers.

☆ Stocks making the biggest moves midday: Horizon Therapeutics, Coupa Software, Weber and more
▼ + stars: | 2022-12-12 | by ( Carmen Reinicke | ) www.cnbc.com time to read: +2 min

Amgen shares fell more than 1%. Weber – Shares of the grill manufacturer jumped 23% after the company announced a deal to be taken private by BDT Capital Partners. Coupa Software – The maker of business spending management software jumped 26% after the private-equity firm Thoma Bravo agreed to buy the company in an all-cash deal worth $8 billion, or $81 per share. Under Armour – The athletics apparel stock jumped 10% following an upgrade to buy from hold by Stifel. Monday – Shares of software publisher Monday jumped 6% after JPMorgan upgraded the stock to overweight from neutral and boosted its price target.

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

Stifel names Microsoft a top 2023 pick Stifel said it likes Microsoft's "strong product portfolio" for 2023. Goldman Sachs downgrades Ulta to neutral from buy Goldman said in its downgrade of the stock that it sees difficult comps. Evercore ISI names Netflix a top idea for 2023 Evercore said it sees "robust revenue growth" for Netflix in 2023. " Goldman Sachs upgrades Gap to buy from neutral Goldman said in its upgrade of the stock that it sees accelerated earnings growth. Cowen names Take-Two a top 2023 pick Cowen said the video game maker has a great "long-term track record."

☆ Goldman Sachs downgrades Cheesecake Factory, says traffic could keep falling amid inflationary pressures
▼ + stars: | 2022-12-12 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Inflationary challenges will bite into Cheesecake Factory 's stock next year, according to Goldman Sachs. Analyst Jared Garber downgraded Cheesecake Factory to sell from neutral. He also lowered his price target for the stock to $29, which reflects a downside of 12.2% over Friday's close. Garber said companies are experiencing a tougher economic backdrop as wages remain sticky and inflation pushes traffic down with consumers restricting spending. The Cheesecake Factory could see traffic decrease further than it already has, with the company currently underperforming the industry, based on a Goldman Sachs analysis.

☆ Stocks making the biggest moves in the premarket: Horizon Therapeutics, Coupa Software, Rivian and more
▼ + stars: | 2022-12-12 | by ( Peter Schacknow | ) www.cnbc.com time to read: +2 min

Coupa Software (COUP) – Private-equity firm Thoma Bravo agreed to buy Coupa, a specialist in business spending management software. Accenture (ACN) – Accenture fell 1.7% in the premarket after Piper Sandler downgraded the consulting firm's stock to "underweight" from "neutral." Best Buy (BBY) – The electronics retailer's stock added 1.6% in the premarket after Goldman Sachs upgraded it to "neutral" from "sell." Gap (GPS), Tapestry (TPR), Levi Strauss (LEVI) – Goldman Sachs upgraded Gap and Tapestry to "buy" from "neutral" while downgraded Levi Strauss to "neutral" from "buy." Gap added 2.7% in the premarket, with Tapestry up 2% and Levi Strauss losing 1.2%.

☆ Restaurant sales are going up. But dining out is on the decline
▼ + stars: | 2022-11-15 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +6 min

Restaurant traffic is dipping as consumers make food at home. In that month, traffic at fast food restaurants fell 1.2%, dipped 1.7% for fast casual and dropped 4.7% in full service eateries. Fast food traffic bounced back slightly in September and October, but fast casual and full service traffic remained negative. Restaurant prices increased by 8.6%. But groceries are generally cheaper than restaurant meals.

☆ This startup just hired a former DoorDash exec to bring robotic restaurant delivery to the masses
▼ + stars: | 2022-11-11 | by ( Nancy Luna | ) www.businessinsider.com time to read: +6 min

When it comes to amassing a large food-delivery footprint, the startup has hired a ringer in the delivery sector — the former DoorDash executive Prahar Shah. Serve's robots have the potential to be ubiquitous in our everyday lives, he said. This is "very similar to part of the playbook that we ran at DoorDash," Shah said. Most of Serve's restaurant partnerships have been with local restaurants in Los Angeles, such as Bossa Nova and Lala's Grill. As he approaches restaurant chains in his new role, he said most understand the necessity of automation.

Others have ground to a halt, sending companies back to technology that is less sci-fi, but can be deployed more quickly and cost-effectively. Some companies are satisfied their robots are doing the job. The perils of the outdoors are a big problem for delivery robots, in particular. Some people have also raised concerns that delivery robots could block wheelchair access on sidewalks or otherwise get in the way of humans, leading local authorities to limit or prohibit their use. Toronto, for example, last December banned delivery robots.

☆ The Fed could lay the groundwork for a year end rally in the week ahead
▼ + stars: | 2022-10-28 | by ( Patti Domm | In | ) www.cnbc.com time to read: +8 min

The coming week is also the busiest of the corporate earnings season, with about a third of the S & P 500 companies releasing results. "Historically, the market waits for the last Fed rate hike to be introduced and then the market climbs higher. The S & P 500 was up more than 8.8% for the month. The Dow was up 5.7% on the week, the S & P 500 was up 5.7% and the Nasdaq was up 2.2%. The 50-day moving average is 3,841 for the S & P 500, and it was well above it Friday afternoon for the second time in the past week.

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