DIRS.INFO The most relevant business & tech news

☆ 6 portfolio stock earnings and the Fed's favorite inflation gauge dominate the week ahead
▼ + stars: | 2024-04-20 | by ( Zev Fima | ) www.cnbc.com time to read: +11 min

The Nasdaq sank 2% on Friday as Netflix dropped nearly 11% post-earnings and Club stock Nvidia fell 10%, entering bear market territory but still up more than 50% in 2024. Following a much stronger-than-expected March retail sales report last month, fresh economic data and six Club stock earnings will take center stage in the week ahead. While lower rates may help stock multiples, that is not a sustainable path to higher equity prices over time. Earnings : The latest quarterly reporting season is starting to ramp into high gear with six Club names set to report next week. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Dow, Jerome Powell, Jim Cramer, Mark, Meta, Bing, Ford, Vimal, Lockheed Martin, Clark, Philip Morris, Sherwin, Williams, Baker Hughes, Lam, Northrop, Dr Pepper, CARR, Edwards Lifesciences, Jim Cramer's, Jim, Michael M Organizations: Nasdaq, Netflix, Nvidia, Dow Jones, Federal, Fed, Hamas, Gross, Google, Reality Labs, General Motors, Honeywell, Microsoft, Verizon Communications, Albertsons Companies, SAP, Cadence Design Systems, United Parcel Service, General Electric, GE, PepsiCo, Lockheed, Spotify Technology, RTX Corporation, JetBlue Airways, Halliburton, HAL, Philip Morris International, Quest Diagnostics, Texas Instruments, Seagate Technology, Mattel, Veralto Corporation, Boeing, General Dynamics, Boston, Hilton, Fisher, Otis Worldwide, IBM, Grill, Viking Therapeutics, Lam Research, Whirlpool, WM, Honeywell International, Royal Caribbean Cruises, American Airlines, Altria, Newmont, Caterpillar, Southwest Airlines, Myers Squibb, AstraZeneca, Mobileye, Northrop Grumman, CNBC, Comcast, Merck, Dow Inc, Carrier Global, Union Pacific, Intel, Western, Mobile, L3Harris Technologies, Exxon Mobil, Chevron, Colgate, Palmolive, HCA Healthcare, Charter Communications, Newell Brands, Jim Cramer's Charitable, Traders, New York Stock Exchange, Santiago, Getty Locations: Israel, Iran, Ukraine, destocking, China, Cleveland, Freeport, McMoRan, Kimberly, Masco, Bristol, New York City

☆ Lego is cashing in big time on its adult fan base, doubling its revenue in the last decade
▼ + stars: | 2024-04-14 | by ( Katie Balevic | ) www.businessinsider.com time to read: +2 min

Lego is cashing in on adult fans buying high-priced Lego sets. The $850 Millennium Falcon set is part of how Lego doubled its revenue in a decade. Lego knows that and is cashing in on its base of adult fans willing to dish out hundreds of dollars on elaborate sets. "Nowadays it's not so geeky," Sian Twynham, another adult Lego builder, told the Journal. AdvertisementWhether it's nostalgia or strategic marketing, toy companies are seeing big returns when they rebrand kids products for adult audiences.

Persons: —, Jonny Edmondson, We've, Julia Goldin, Lego's, Sian Twynham, Greta Gerwig's, toymaker Mattel, execs Organizations: Service, Star, Wall Street, Warner Bros, Hasbro, Associated Press

☆ New Scrabble version aims to make classic word game less ‘intimidating’
▼ + stars: | 2024-04-09 | by ( Jack Guy | ) edition.cnn.com time to read: +2 min

London CNN —Scrabble, one of the world’s best-loved word games, is to get a new “collaborative” and “accessible” version. The double-sided board will also include the Classic version of the game. Courtesy MattelNow, an updated game named Scrabble Together adds “a second side to the board that is collaborative and faster-paced to make gameplay more accessible for anyone who finds word games intimidating,” according to a statement from Mattel published Tuesday. The updated version of the game won’t be available in the United States, however, as Mattel does not hold the license there. While this is the first major change to the look of the Scrabble board, the game regularly adds new words to its official dictionary in order to keep up as the English language evolves.

Persons: ” Ray Adler, ”, who’s, Mattel, millennials, ” Brett Smitheram Organizations: London CNN, Mattel, Global, Games, British, CNN, Scrabble Locations: Europe, United States

☆ Shopify has poached at least two dozen employees from Salesforce as it pushes into enterprise e-commerce
▼ + stars: | 2024-04-04 | by ( Madeline Stone | ) www.businessinsider.com time to read: +9 min

Holly Dresden joined Shopify as head of enterprise merchant success in December after six years with Salesforce Commerce Cloud. Evan AgostiniAs it moves further into enterprise, Shopify hasn't always been subtle about zeroing in on Salesforce as a competitor. It recently launched a webpage comparing its platform with Salesforce Commerce Cloud, encouraging merchants to "join the mass migration" of brands moving from Salesforce to Shopify. But winning over enterprise retailers requires a different approach, and it's one where Salesforce has more years of experience than Shopify. Talking the enterprise talkPoaching employees from Salesforce isn't the only way Shopify has made an effort to win over enterprise customers.

Persons: —, Shopify, Kal Stephen, Holly Dresden, Everlane, Marc Benioff, Evan Agostini, hasn't, Michael Affronti, we've, Affronti, Shopify's, Salesforce, We've, It's, Rick Watson, Watson, Demandware, Oppenheimer, Ken Wong, Wong, Harley Finkelstein Organizations: Service, Salesforce Commerce, Business, Salesforce, Adobe, SAP, Mattel, Commerce, RMW Commerce Consulting, Accenture, IDC, Manhattan Associates Locations: Salesforce, Demandware

☆ I shopped for spring clothes at Gap and Banana Republic, and I'm not sure I'd go back to either retailer
▼ + stars: | 2024-04-04 | by ( Terri Peters | ) www.businessinsider.com time to read: +1 min

I shopped for clothes and jewelry at Gap and Banana Republic, and neither retailer impressed me. Although I can afford to spend more money on clothing, I'd rather splurge on a meal or vacation. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIt's been nearly a decade since I shopped at Gap or Banana Republic, but the retailers — both owned by parent company Gap Inc. — have been mall staples for as long as I can remember. This story is available exclusively to Business Insider subscribers.

Persons: —, It's, Richard Dickson Organizations: Republic, Service, Gap Inc, Mattel, Business Locations: Republic

☆ The accountant shortage is so bad that it's delaying key reports at companies like Tupperware
▼ + stars: | 2024-04-01 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +4 min

Read previewThe accountant shortage is so bad that companies are delaying filing key mandatory reports. On Friday, Tupperware said it didn't have enough accountants to get its annual report out on time. The storage container manufacturer is the latest on a growing list of companies that have delayed their annual reports for a host of reasons. About 70 companies have postponed annual reports this year, up 40% from last year, research company Intelligize tallied last month. Tupperware added that previous delays in filing its 2022 annual report led to postponement of its quarterly reports, which subsequently pushed back work on its 2023 annual report.

Persons: —, Tupperware, Intelligize, Steven Kachelmeier, Fitness Organizations: Service, Business, LinkedIn, PricewaterhouseCoopers, American Institute of Certified Public Accountants, US Bureau of Labor Statistics, Accountants, University of Texas, Mattel, Securities, Exchanges Locations: Orlando, Poland, American

☆ What to Know About Trump’s High-Flying Stock Debut
▼ + stars: | 2024-03-26 | by ( Vivian Giang | Matthew Goldstein | ) www.nytimes.com time to read: +1 min

On its first day on the Nasdaq stock exchange on Tuesday, Trump Media & Technology Group became such a high-flying stock that trading in its shares, under the ticker DJT, had to be briefly halted because of extreme volatility. The huge public debut for the company is especially important for its biggest shareholder, former President Donald J. Trump, whose 60 percent stake is now worth about $4.6 billion on paper. Wait, Trump Media is worth how much? After Tuesday’s trading, Trump Media had a market value of nearly $8 billion. Trump Media’s valuation is disproportionately high compared with other social media companies.

Persons: Donald J, Trump Organizations: Nasdaq, Trump Media & Technology Group, Trump Media, Mattel, Alaska Airlines, Western, Trump Locations: Western Union

☆ What kind of 'Barbie' are you? Here are the Barbieland jobs that most real-life women hold, according to government data
▼ + stars: | 2024-03-14 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +4 min

In the "Barbie" movie, the narrator says, "Barbie has a great day every day." As women's participation in the labor force has increased over the years, the group continues to face hurdles along the way. "We have the tightest labor market for women in the past 20-something years," Bustamante said. "As the labor market gets tighter and tighter and tighter, women's employment rises faster than men's," Pollak said. "To think of just the scale of construction employment and women are still such a marginal piece of that sector," he said.

Persons: Margot Robbie, Barbie, Julia Pollak, R, Bustamante, Pollak, " Pollak Organizations: Mattel, Warner Bros, U.S . Bureau of Labor Statistics, Roosevelt Institute, Census, National Women's Law, Warner Brothers Pictures Locations: New York, U.S

☆ Parents bought way fewer toys last year — except for 1 classic
▼ + stars: | 2024-03-12 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +1 min

Despite the "most negative toy market in 15 years," Lego said consumer sales grew 4% last year. The Danish toy icon outperformed competitors like Mattel and Hasbro. Toys are cheaper than ever, much to the chagrin of millennial parents. It's a brutal climate for toymakers, but Lego said it outpaced the market in 2023, with consumer sales growing 4%. "We are pleased with our performance given that 2023 was the most negative toy market in more than 15 years," Niels B. Christiansen, CEO of the Danish toy icon, said in a statement.

Persons: —, Niels B, Christiansen Organizations: Mattel, Hasbro, Service, Business Locations: Danish

ETImage “Barbie” is up for eight awards but is only the favorite for best original song. So while the Oscars have traditionally celebrated prestige films, Greta Gerwig’s blockbuster was undeniable, scoring eight Oscar nominations. Billie Eilish’s heart-wringing track “What Was I Made For?” won song of the year at the Grammys, and it is the front-runner in its Oscars category. And in 2003, Martin Scorsese’s “Gangs of New York” scored 10 nominations but no trophies. The best potential parallel to “Barbie” may be Bradley Cooper’s 2018 remake of “A Star Is Born,” which was nominated for eight Oscars and walked away with only best song.

Persons: Barbie ”, “ Barbie, Greta Gerwig’s, Gerwig, Billie Eilish’s, ”, Ryan Gosling’s, I’m, Ken, It’s, Martin Scorsese’s “, York ”, Barbie, Bradley Cooper’s Organizations: Warner Bros, Mattel, York Locations: ”

☆ After an earnings blow out, CEO explains how Gap is 'reigniting' its brand
▼ + stars: | 2024-03-07 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

After Gap 's earnings report topped Wall Street's expectations on Thursday, CEO Richard Dickson told CNBC's Jim Cramer how his company is managing to turn its business around. "We've been reigniting this brand and drawing on what the brand was so special in the first place, really taking on trend products and amplifying it in new ways that only Gap can," he said. "We're using music, we're using fashion as entertainment, and we're taking basic product—linen, denim, wovens, pants—and we're amplifying the narrative around these categories and driving share growth." In addition to its namesake brand, Gap owns brands including Old Navy, Banana Republic and Athleta. "Zac's creative expertise, his cultural clarity, it's consistently evolved American fashion," Dickson said.

Persons: Richard Dickson, CNBC's Jim Cramer, We've, Dickson, he's, Mattel's Barbie, Zac Posen, Richard Dickson's Organizations: Mattel, Old Navy, Banana, Navy Locations: Banana Republic

☆ Barbie is the blueprint as Mattel seeks to revitalize American Girl, Fisher-Price
▼ + stars: | 2024-03-07 | by ( Sarah Whitten | ) www.cnbc.com time to read: +6 min

This is especially important for the company's Fisher-Price and American Girl brands, which have been in the midst of their own transformations for several years. In just the last year, net global sales for American Girl were down 9%. When it comes to to the American Girl brand, Kreiz admits that the challenges "were not product driven," but rather an issue with its commercial strategy. American Girl doll by Mattel Source: Mattel"We think there's some real opportunities to continue to grow the brand and extend the story that exists within American Girl thoughtfully, and we want to do it authentically," said Silverman. Mattel executives remained tightlipped about what to expect from an upcoming American Girl movie, which currently does not have a release date.

Persons: Barbie, Ynon Kreiz, Fisher, Price, Kreiz, He's, Greta Gerwig, Josh Silverman, Margot Robbie, It's, company's Fisher, Capital, Mattel, Silverman, Lisa McKnight Organizations: Warner Bros, Mattel, Barington Capital, American Girl, CNBC, Sinfonietta, Sunday's, American, Fisher, Disney, Paramount Locations: American

☆ Gap shares pop as company's holiday earnings blow past estimates, Old Navy returns to growth
▼ + stars: | 2024-03-07 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +5 min

In this article GPS Follow your favorite stocks CREATE FREE ACCOUNTA general view of an Old Navy store. Sales at Old Navy grew 6% to $2.29 billion, and Gap's overall gross margin surged 5.3 percentage points to 38.9% thanks to fewer markdowns and lower input costs. The extra week contributed about four percentage points of growth during the fiscal fourth quarter, the company said. Last month, Gap announced it had tapped fashion designer Zac Posen to be its creative director and Old Navy's chief creative officer. "His role as chief creative officer at Old Navy is really to harmonize, orchestrate and dial up the storytelling across product and marketing."

Persons: Richard Dickson, We're, Dickson, It's, he's, Zac Posen, isn't, He'll, they've, Eric Chan, Amy Thompson, Mattel's Organizations: Old Navy, Inc, Navy, LSEG, CNBC, Mattel, LA Clippers Locations: Posen

☆ Helen Mirren gets her own Barbie for International Women’s Day
▼ + stars: | 2024-03-06 | by ( Lianne Kolirin | ) edition.cnn.com time to read: +3 min

CNN —Actress Helen Mirren has said she is “blown away” by a new Barbie created in her likeness. The glamorous doll, complete with its own Academy Award, is one of a series of eight launched by toymaker Mattel to mark International Women’s Day on Friday. Mirren, the 78-year-old star who narrated last year’s hit “Barbie” movie, said she regards the creation of the doll as a “huge compliment.”The new dolls were created to mark International Women's Day. And the cherry on top of the cake is my doll having a miniature Oscar. Thank you @barbie @barbiestyle @Mattel”Previous role model dolls have included TV producer Shonda Rhimes, professional skateboarder Sky Brown and Sarah Gilbert, who developed the Covid-19 vaccine.

Persons: Helen Mirren, toymaker Mattel, Mirren, ”, Barbie, “ Elizabeth I, Golda, “, –, Del, I’d, Kylie Minogue, Shania Twain, Viola Davis, Maira Gomez, Lila Avilés, Nicole Fujita, Enissa Amani, Minogue, Kylie, Shonda Rhimes, Sky Brown, Sarah Gilbert, Aude, Krista Berger, she’s Organizations: CNN, Cannes, Mirren, Mattel, Hollywood, Reuters Locations: ”, British, Mexican

☆ With the Oscar-nominated ‘Barbie,’ Mattel has arrived in Hollywood. What’s next for the toy company?
▼ + stars: | 2024-03-06 | by ( Elizabeth Wagmeister | ) edition.cnn.com time to read: +9 min

Driven largely by benefits associated with the “Barbie” movie, Mattel finished last year strong with 24% fourth-quarter growth. Before the “Barbie” movie was released, the Barbie brand already had a 99% rate of global brand awareness, selling more than 100 dolls every single minute, according to Mattel. What’s next for Mattel Films? Mattel Films, which is headed by Oscar-nominated producer Robbie Brenner, faces a lot of pressure to live up to “Barbie” with its second go-around. When asked about the possibility of an R-rated film at Mattel, Kreiz says, “I wouldn’t rule out different scenarios.

Persons: CNN — Barbie, “ Barbie ”, Fisher Price, Barbie, J.J . Abrams, Vin Diesel, ”, Lena Dunham, Lily Collins, “ Barney, Daniel Kaluuya, Bob, Jennifer Lopez, Anthony Ramos, “, Matt Mason, Tom Hanks, KELLY CLARKSON, Jennifer Lopez Weiss Eubanks, Mattel, Ynon Kreiz, Kreiz, ” Kreiz, Greta Gerwig, Margot Robbie’s “ Barbie ”, Chris Pizzello, Lisa McKnight, ” Barbie, “ Barbie, Robbie, Amy Schumer, Anne Hathaway, ” McKnight, Barney ’, Oscar, Robbie Brenner, Gerwig, Mark Ronson, Barney, BARNEY, “ It’s, ‘ Barbie, ’ ” Organizations: CNN, Academy, Hollywood, American, Warner Bros . Pictures, Marvel, Mattel, UNO, KELLY CLARKSON SHOW, Fox Kids Europe, Endemol, Hasbro, Universal, Sony, Mattel Films, Entertainment, Everett, haven’t Locations: Hollywood, J.J, ”, Arizona, Los Angeles, Cold

Jimmy Kimmel returns as host for the fourth time, and the competition for best picture promises to be stiff. Best picture nominees include everything from Barbenheimer blockbuster summer duo "Barbie" and "Oppenheimer" to indie darling "Past Lives." There's still time to watch all 10 of the best picture nominees. Below, we'll show you all of your streaming options when it comes to where to watch every 2024 Oscars best picture nominee. In addition to best picture, the film is up for best original screenplay at the Oscars.

Persons: Jimmy Kimmel, Oppenheimer, There's, Jeffrey Wright, Percival Everett's, Thelonious, Monk, Ellison, Wright, Sandra Hüller, Justine Triet, Margot Robbie, Barbie, Jaap Buitendijk, Barbie Warner, Greta Gerwig, Ken, Ryan Gosling, America Ferrera, Oscar, Max, Paul Giamatti, Paul Hunham, Dominic Sessa, Da'Vine Joy Randolph, Peacock, Lily Gladstone, Robert De Niro, Leonardo DiCaprio, Martin, David Grann's, Scorsese, Mollie Burkhart, Bradley Cooper, Leonard Bernstein, Carey Mulligan, Felicia Montealegre, Jason McDonald, Maestro, Cooper, Mulligan, Cillian Murphy, J, Robert Oppenheimer, Christopher Nolan, Murphy, Robert Downey Jr, Emily Blunt, Teo Yoo, Greta Lee, Celine, John Magaro, –, Emma Stone, Bella Baxter, Stone, Mark Ruffalo, Christian Friedel, Rudolf Höss, Hedwig, ExpressVPN Organizations: Business, Dolby Theatre, MGM, Orion, Apple, Hulu, Warner Bros, Mattel, America, Osage, Osage Nation, FBI, Netflix, Manhattan Project, Paramount, Showtime, Searchlight, Disney Locations: Barbie, New England, Oklahoma, Los Alamos, New York, South Korea

☆ A hot pink Barbie flip phone is launching this summer
▼ + stars: | 2024-02-25 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

The company behind Nokia-branded smartphones, HMD, short for Human Mobile Devices, says it is launching a Barbie flip phone this summer, in partnership with toy maker Mattel . Soon, you'll be able to get a flip phone from the blockbuster toy franchise. It won't be connected to the internet, making it a throwback to the "dumb phones" of yesteryear before smartphones became popular. The device looks like a standard flip phone with buttons rather than a touch screen, and comes in a hot pink color, resembling the iconic pink flip phone accessory that comes with many Barbie dolls. This is a step away from Nokia which is the brand HMD typically has used to sell its dumb phones and smartphones.

Persons: you'll, Lars Silberbauer, Barbie, HMD, Margot Robbie, Ryan Gosling, Will Ferrell Organizations: Mattel, Nokia, Mobile Devices, YouTube, HMD, Mobile, Microsoft Locations: U.S

☆ How to Watch the Screen Actors Guild Awards 2024: Date, Time and Streaming
▼ + stars: | 2024-02-23 | by ( Sarah Bahr | ) www.nytimes.com time to read: +1 min

Cord-cutters rejoice: Normally, watching an awards show involves subscribing to a live TV service (or remembering which of your email addresses you haven’t already used for a free trial). But on Saturday, for the first time, Netflix will be streaming the annual Screen Actors Guild Awards, potentially bringing them to a much wider audience. The 15 awards, which are voted on by actors and other performers who belong to the SAG-AFTRA union, honor the best film and television performances from the past year. They can be a bellwether for the Oscars, happening this year on March 10. (Since 1996, 83 of the 112 stars and films that won Oscars for best picture or acting first won a SAG Award.)

Persons: ”, — “ Oppenheimer, ” Christopher Nolan’s, “ Barbie, Greta Gerwig’s Organizations: Netflix, SAG, Mattel

☆ Stocks making the biggest moves premarket: Disney, PayPal, Arm and more
▼ + stars: | 2024-02-08 | by ( Pia Singh | ) www.cnbc.com time to read: +4 min

Ralph Lauren reported earnings of $4.17 per share, excluding items, while analysts surveyed by FactSet expected earnings of $3.57 per share. The company, which is anticipating soft sales growth this year, also announced a $1 billion share buyback program. Arm Holdings — The chipmaker's stock soared more than 28% after it reported a fiscal third-quarter earnings beat . Apollo Global Management — Shares rose nearly 3% after the asset management company's fourth quarter earnings topped estimates. The company reported $32 billion of inflows during the quarter, pushing its total assets under management to $651 billion.

Persons: Ralph Lauren —, Ralph Lauren, Morgan Stanley, Ally, Mattel —, Barbie toymaker, LSEG, Moody's, NYCB, FactSet's, —, Jesse Pound, Tanaya Macheel, Lisa Kailai Han, Michelle Fox Theobald Organizations: —, Revenue, Mattel, PayPal, New York Community Bancorp, Arm Holdings, Apollo Global Management, American, American Express, Maersk —, Maersk Locations: Danish

☆ Mattel CEO: We are looking to continue developing cultural & societal moments through our products
▼ + stars: | 2024-02-07 | by ( Jim Cramer | ) 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 EmailMattel CEO: We are looking to continue developing cultural & societal moments through our productsMattel Chairman and CEO Ynon Kreiz joins 'Mad Money' host Jim Cramer to talk Q4 earnings, the toy manufacturing space, and more.

Persons: Ynon Kreiz, Jim Cramer Organizations: Mattel

☆ Mattel CEO says his company is about 'creating cultural moments'
▼ + stars: | 2024-02-07 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

In a Wednesday interview with CNBC's Jim Cramer, Mattel CEO Ynon Kreiz detailed the company's growth strategy, saying its aim is to engage consumers through culture. "We're very much about embracing culture, creating cultural moments, cultural touch points and make sure that we take brands that are timeless and make them timely," Kreiz said. "We look to continue to create these moments, these special connections with people who buy our product." Mattel has seen a lot of attention after the huge box office success of "Barbie," its collaboration with Warner Bros. Kreiz said another example of the company's effort to keep its brands relevant is through products like Super Bowl-themed toys, which include Barbie dolls.

Persons: CNBC's Jim Cramer, Ynon Kreiz, Kreiz, Mattel, Barbie, Barney Organizations: Mattel, LSEG, Warner Bros . Discovery

☆ Mattel CEO Ynon Kreiz sits down with Jim Cramer after mixed Q4 results
▼ + stars: | 2024-02-07 | by ( Jim Cramer | ) 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 EmailMattel CEO Ynon Kreiz sits down with Jim Cramer after mixed Q4 resultsMattel Chairman and CEO Ynon Kreiz joins 'Mad Money' host Jim Cramer to talk Q4 earnings, the toy manufacturing space, and more.

Persons: Ynon Kreiz, Jim Cramer Organizations: Mattel

☆ Here are Jim Cramer's rapid-fire takes on 5 stocks in the news Monday
▼ + stars: | 2024-02-05 | by ( Paulina Likos | ) www.cnbc.com time to read: +1 min

Jim Cramer said this deal is Novo's way to "get more product" and addresses the "tremendous shortage" of these high-demand drugs. Shares of Eli Lilly , a stock in the CNBC Investing Club 's portfolio, were also up more than 4% ahead of Tuesday's earnings. Snap – The social media firm laid off 10% of its workforce ahead of Tuesday's earnings. Jim pointed out that Club name Starbucks (SBUX) has also been experiencing the same thing. Jim said buy McDonald's stock on weakness.

Persons: Jim Cramer, Eli Lilly, Lilly, Cramer, Cigna –, Cantor Fitzgerald, Jim Organizations: Nordisk, Catalent, CNBC, Microsoft, RBC Capital, Humana, Starbucks, Mattel –, JPMorgan, Vision, Apple Locations: Danish, Israel

☆ Stocks making the biggest moves premarket: Estee Lauder, Nvidia, McDonald's, Caterpillar and more
▼ + stars: | 2024-02-05 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

Check out the companies making headlines before the bell: Estee Lauder — The cosmetics stock jumped 15% after Estee Lauder beat expectations with its latest results. In its second quarter, Estee Lauder reported adjusted earnings of 88 cents per share, topping the FactSet consensus estimate of 54 cents per share. Caterpillar — Shares of the heavy machinery maker popped more than 4% after the company reported adjusted earnings per share of $5.23 for the fourth quarter. In its first quarter, the industrial gas supplier reported adjusted earnings of $2.82 per share, weaker than earnings of $3.00 per share expected by analysts polled by StreetAccount. Stellantis — Stellantis shares slid 1.7% after Italian daily Il Messaggero , citing financial sources, reported the French government is reviewing a merger between Stellantis and Renault to compete with German and Chinese automakers, according to FactSet.

Persons: Estee Lauder, Catalent, Goldman Sachs, Il, McDonald's, — CNBC's Brian Evans, Michelle Fox, Fred Imbert, Hakyung Kim, Pia Singh Organizations: Novo Holdings, Caterpillar —, Revenue, North America . Air Products, Chemicals, Air Products, StreetAccount, JPMorgan, Nvidia —, Stellantis, Renault, McDonald's, Merck Animal Health, Mattel —, Warner Bros Locations: North America, StreetAccount .

Elsewhere, Goldman Sachs reiterated a buy rating on Nvidia and raised its price target on the high-flying semiconductor maker. Yet his price target sits at $225, implying an upside of 19.7% as he sees opportunity elsewhere. "Anyone pulling up a chart of UBER share price performance in 2023 will think, 'That's a scary chart. Analyst Sarah James upgraded the insurer to overweight from neutral and hiked her price target o $372 from $334. — Alex Harring 5:42 a.m.: Goldman hikes Nvidia price target Things continue to look up for Nvidia , according to Goldman Sachs.

Persons: Goldman Sachs, Piper Sandler, Alexander Potter, Potter, Tesla, Alex Harring, Bernstein, Uber, Nikhil Devnani, Devnani, — Alex Harring, Keith Horowitz, Horowitz, Cantor Fitzgerald Cigna, Cantor Fitzgerald, Sarah James, James, Ben Hendrix, Hendrix, Christopher Horvers, Horvers, Barbie, Goldman, FY4Q, Toshiya Hari, Fred Imbert Organizations: CNBC, JPMorgan, Mattel, Nvidia, Citi, Investors, Citizens, Financial, New York Community Bancorp, Aozora, T Bank, RBC Capital, Warner Bros, Golden Globes, Microsoft Locations: California, New, Friday's

Search resuls for: "mattel"

25 mentions found