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☆ How Clean Are Electric Cars? It Depends Where You Live
▼ + stars: | 2023-05-10 | by ( William Boston | ) www.wsj.com time to read: 1 min

Converting gas cars into electric vehicles is becoming more common, with several companies offering ways to “upcycle” classic cars and fleet vehicles. WSJ’s George Downs explores why retrofitting isn’t more widespread. Illustration: George DownsBERLIN—Electric cars are only as clean as the power they use to charge their batteries, and how clean that is varies greatly from country to country, according to an analysis of data on power-sector emissions in 2022. Car sales around the world show more people buying electric vehicles that emit no climate-warming CO2 when they are driven around. But the impact of an electric vehicle replacing a traditional, combustion-engine car on overall emissions depends on how the power used to charge the car’s battery is produced.

☆ Driving an EV Is Getting Greener, Especially in the U.S.
▼ + stars: | 2023-05-10 | by ( William Boston | ) www.wsj.com time to read: 1 min

☆ Ford Cuts Prices on Mustang Mach-E EV Up to 8% on Some Versions
▼ + stars: | 2023-05-02 | by ( Nora Eckert | ) www.wsj.com time to read: 1 min

Converting gas cars into electric vehicles is becoming more common, with several companies offering ways to “upcycle” classic cars and fleet vehicles. WSJ’s George Downs explores why retrofitting isn’t more widespread. Illustration: George DownsFord Motor Co. for the second time this year cut prices on its electric Mustang Mach-E, reducing the sticker by as much as 8% on some versions. The reduction comes as the U.S. auto maker moves to a lower-cost battery and as rival Tesla also continues to adjust pricing on its top-selling EV models in an attempt to boost sales.

☆ UBS says this semiconductor stock is a ‘buy’ — and doubles its price target
▼ + stars: | 2023-04-21 | by ( Zavier Ong | ) www.cnbc.com time to read: +3 min

UBS is upgrading Taiwanese foundry United Microelectronics from "neutral" to "buy." The Swiss investment bank raised its price target on the stock from 37 Taiwan dollars ($1.20) to NT$75, representing a potential upside of nearly 50% from its closing price on Wednesday. UMC's year-to-date rerating reflects the "increasing optimism" about the semiconductor industry's recovery and the greater profitability of the stock, the analysts said. UBS isn't the only bull UBS isn't the only bank bullish on United Microelectronics. In a note on April 19, the bank maintained its "outperform" rating on the stock and raised its price target on the stock to NT$60.

☆ This energy giant is the 'leader of the pack' and set to jump more than 20%, UBS says
▼ + stars: | 2023-04-19 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

It's time to buy "leader of the pack" Exxon Mobil , according to UBS. Analyst Josh Silverstein assumed coverage of Exxon Mobil and upgraded shares to buy from neutral, and raised his price target, saying the energy giant is set to outpace its peers. XOM YTD mountain Exxon Mobil shares YTD Exxon Mobil shares are higher by 6% in 2023 even after a slight dip in energy prices. Regardless, that follows a gangbuster two years for Exxon Mobil, which jumped 80% in 2022 and 48% the year prior. "Additionally, we forecast that the balance sheet goes into a net cash position by mid-2024, providing flexibility to push shareholder returns above the $17.5Bn/yr buyback pace, while providing downside support," he added.

☆ Conditions will remain challenging in next semi upcycle: Morgan Stanley's Moore
▼ + stars: | 2023-04-11 | 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 EmailConditions will remain challenging in next semi upcycle: Morgan Stanley's MooreJoseph Moore, Morgan Stanley semiconductor analyst, joins 'Squawk on the Street' to discuss the recent moves in the chipmaker space, if investors will see broad inventory write-downs, and more.

☆ These 10 fairly priced stocks are well off recent highs. Here's where we stand on them
▼ + stars: | 2023-04-05 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +8 min

52-week high date: April 5, 2022 Percent below 52-week high: 68.4% Forward P/E: 2.1 We continue to view troubled Bausch Health as a wait-and-see situation. CTRA 1Y mountain Coterra's stock performance over the past 12 months. 52-week high date: May 31, 2022 Percent below 52-week high: 26.94% Forward P/E: 9.5 Our view on Pioneer Natural Resources (PXD) is similar to Coterra. 52-week high date: June 8, 2022 Percent below 52-week high: 24.46% Forward P/E: 10.4 Like our two other energy stocks, we want to see another pullback in Halliburton shares before we'd add to our position. 52-week high date: Jan. 27, 2023 Percent below 52-week high: 18.26% Forward P/E: 13.4 Caterpillar is a beaten-down stock worth buying.

☆ Jim Cramer's top 10 things to watch in the stock market Wednesday: Fed, banking crisis, GameStop
▼ + stars: | 2023-03-22 | by ( Jim Cramer | ) www.cnbc.com time to read: +4 min

I think the industrial uses, the medical uses, the auto uses, the educational uses and the call center uses are front and center here. Multiple price target boosts for this Club stock. Increases price target to $154 per share from $100. Truist analysts increase price target to $20 per share from $15. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

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.

☆ Why analysts are bullish on this little-known aircraft parts producer with one of 'best business models' in the sector
▼ + stars: | 2023-02-08 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Under-the-radar aircraft parts producer TransDigm Group is getting a lot of love from analysts this week, who view the stock as an optimal way to play the commercial aftermarket sector. TransDigm also raised its outlook, with commercial aftermarket revenues expected to grow more than anticipated. His $838 price target implies nearly 13% upside for shares from Tuesday's close. The new price target implies roughly 7% upside for shares from Tuesday's close. "We view the company as having the most defensible business model amongst peers and management has overcome numerous short theses," she said.

☆ Oilfield firm SLB beats Wall St. estimates for fourth-quarter profit
▼ + stars: | 2023-01-20 | by ( ) www.reuters.com time to read: +1 min

Companies Schlumberger NV FollowJan 20 (Reuters) - SLB (SLB.N) beat Wall Street estimates for fourth-quarter profit on Friday, driven by strong demand for drilling services and equipment from operators as oil and gas prices remained elevated amid tight supplies. SLB had benefited from increased oil drilling and production activity in North America last year. The top oilfield services firm said revenue from North America rose 27% to $1.63 billion in the reported quarter. Average North America rig count, an early indicator of future output, for Oct-Dec 2022 quarter, rose to 965 from 720 a year earlier, according to data from Baker Hughes. Average international rig count for the quarter stood at 1,872, nearly 22% higher from the previous year.

☆ Bitcoin’s popularity with developers shrunk last year while Ethereum’s flourished. Here’s what that means for investors
▼ + stars: | 2023-01-18 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +4 min

Crypto prices suffered badly in 2022, but developer activity for the year paints a more optimistic picture for investors. That puts developer growth at 9% for the year, the report showed, even as the price of ether dropped 67%, according to Coin Metrics. Its price collapsed 50% last year, but the strength of its developer community gave investors hope it would pull through. Meanwhile, bitcoin's developer population shrunk 4%, though it's still the fifth largest in the market at 300 full-time builders. Why it matters for investors Developer activity is an indicator of a network's utility and potential for end users.

☆ 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.

☆ Nigerian designer takes on fast fashion with eco-friendly brand
▼ + stars: | 2022-11-16 | by ( Angela Ukomadu | ) www.reuters.com time to read: +1 min

Aladimma, 28, says he launched the eco-friendly Azach brand in February to fight against fast fashion in Africa's most populous nation by using second-hand clothes to produce durable street-wear popular with young adults. "All the materials that we work with are the materials that we can use for a long time... An engineering graduate who found his calling in eco-fashion, Aladimma wants to do more to help the environment. He hopes to make furniture using denim one day. Reporting by Angela Ukomadu in Lagos; Writing by Bhargav Acharya; Editing by Raissa KasolowskyOur Standards: The Thomson Reuters Trust Principles.

☆ India's property market has a lot of growth ahead, says real estate firm
▼ + stars: | 2022-10-10 | 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 EmailIndia's property market has a lot of growth ahead, says real estate firmAbhishek Lodha of Lodha Group says the Indian property market is at the start of a "long-term upcycle."

☆ Don't bet that the bottom is in for what were high-growth tech stocks, private equity investors say
▼ + stars: | 2022-09-28 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +6 min

But the washout may not have reached its end game yet, according to two top private equity investors. Investors need to be able to model long-term growth rates and profitability, and that could take a while, he added. Both private equity leaders see consolidation among tech companies as a precondition to going public in the future. There were too many companies in many of the new tech niches where investors backed public offerings in recent years, Ford says. "Make the right investment decisions to fund long-term growth," he said.

☆ Top 5 and bottom 5 Club stocks between the S&P 500's old June low and Monday's new one
▼ + stars: | 2022-09-27 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +15 min

Walmart (WMT) and Chevron (CVX) were in the Trust on June 16, but we exited those stocks Aug. 1 and Sept. 7 , respectively. On the other hand, Starbucks (SBUX) and off-price retailer TJX Companies (TJX) entered the portfolio Aug. 22 and Aug. 24 , respectively. Top performers Leading the way was Wynn Resorts (WYNN) , gaining 22.6% between the old June low and Monday. Advanced Micro Devices (AMD) was next , falling 19.20% between the old June low and Monday's new one. Pioneer Natural Resources (PXD) saw the fifth-largest decline among portfolio stocks, declining 14.94% between the old June low and Monday.

☆ Here’s our September rapid-fire update on all 33 stocks in Cramer’s Charitable Trust portfolio
▼ + stars: | 2022-09-15 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +11 min

Here's a rapid-fire update on every stock in the CNBC Investing Club portfolio. Halliburton (HAL) — The only energy stock in the portfolio that we haven't trimmed in recent weeks. (See here for a full list of the stocks Jim Cramer's Charitable Trust.) 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.

☆ Patagonia's CEO gets candid: How sustainability, diversity, and social justice guide the beloved brand
▼ + stars: | 2022-09-15 | by ( Rebecca Knight | ) www.businessinsider.com time to read: +12 min

As CEO of Patagonia, Ryan Gellert wrestles with a paradox: The outdoor-gear maker's good works, philanthropy, and intentions are still not enough to justify its existence. To Gellert, who took over from the widely respected Rose Marcario, the company could always be doing more. And we need business to step up. Patagonia really struggled in Europe, and that never made sense to me. One of the things that I love more than anything about Patagonia is that we are an unapologetically for-profit business.

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