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☆ Here are Monday's biggest analyst calls: Tesla, Alphabet, Apple, Nvidia, Best Buy, Zillow & more
▼ + stars: | 2023-02-27 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Goldman Sachs upgrades Nomad Foods to buy from neutral Goldman said it sees an "attractive investment opportunity" to invest in the frozen food company. Goldman Sachs upgrades Willis Towers Watson to buy from neutral Goldman said it sees a robust turnaround for the insurance company. Barclays reiterates Tesla as overweight Barclays said it's standing by its buy rating heading into Tesla's investor event on March 1. Raymond James upgrades Frontier to strong buy from outperform Raymond James upgraded the cable company after its "impressive" earnings report. UBS reiterates Apple as buy UBS said its survey checks show Apple is the preferred brand in both the U.S. and China.

☆ Factbox: Tech firms, Wall Street titans lead job cuts in corporate America
▼ + stars: | 2023-02-08 | by ( ) www.reuters.com time to read: +8 min

REUTERS/Lucy Nicholson/File PhotoFeb 8 (Reuters) - Big Tech firms and Wall Street titans are leading a string of layoffs across corporate America as companies look to rein in costs to ride out a global economic downturn. Here are some of the job cuts by major American companies announced in recent weeks. TECHNOLOGY, MEDIA AND TELECOM SECTORIBM Corp (IBM.N):The software and consulting firm said it will lay off 3,900 employees. read moreMicrosoft Corp (MSFT.O):The U.S. tech giant said it would cut 10,000 jobs by the end of the third quarter of fiscal 2023. MANUFACTURING SECTOR3M Co (MMM.N):The industrial conglomerate said it would cut 2,500 manufacturing jobs after reporting a lower profit.

☆ Snow Software owners explore $1 billion sale -sources
▼ + stars: | 2023-02-08 | by ( Milana Vinn | ) www.reuters.com time to read: +1 min

Feb 8 (Reuters) - The private equity owners of Snow Software are exploring a sale that could value the software management solutions company at about $1 billion, including debt, according to people familiar with the matter. Sumeru Equity Partners, Ontario Pension Board, Vitruvian Partners and other investors behind Snow Software have hired investment bank JPMorgan Chase & Co (JPM.N) to explore options for the company, the sources said. Based in Stockholm, Sweden and Austin, Texas, Snow Software builds software tools and solutions that help companies obtain the proper licensing for the software they use. Snow Software currently generates annual revenue of about $175 million, according to the sources. Sumeru and Ontario Pension Board joined Vitruvian as shareholders in Snow Software in 2017 with a $120 million investment.

☆ Goldman Sachs downgrades this stock as auto market faces a tough macro outlook, names Tesla a top pick
▼ + stars: | 2023-01-11 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Shares of Keysight Technologies look poised for a reset as both the auto and communications infrastructure industries face a difficult macro environment ahead, according to Goldman Sachs. Analyst Mark Delaney downgraded shares of the electronic design and test solutions company that supplies products to the industries like autos, to neutral from buy. He cited increased exposure to a dwindling communications infrastructure market and the company's premium valuation relative to peers. "We expect a slowdown in telecom/communications infrastructure capex given the weaker macroeconomic backdrop, which could negatively impact Keysight's business in our opinion," Delaney wrote in a Tuesday note. Delaney also named General Motors and Tesla as his favored picks in 2023, noting that both companies are leading the way in autonomy.

☆ Factbox: Tech firms, Wall Street lead job cuts in corporate America
▼ + stars: | 2023-01-11 | by ( ) www.reuters.com time to read: +6 min

Jan 11 (Reuters) - Big Tech firms and Wall Street titans are leading a string of layoffs across corporate America as companies look to rein in costs to ride out the economic downturn. HP Inc (HPQ.N):The computing devices maker said it expected to cut up to 6,000 jobs by the end of fiscal 2025. Job seekers wait before a job fair for airport related employment at Logan International Airport in Boston, Massachusetts, U.S., December 7, 2021. Blue Apron Holdings Inc (APRN.N):The online meal-kit company said it will cut about 10% of its corporate workforce, as it looks to reduce costs and streamline operations. Last year, company executives had said the home goods retailer was cutting about 20% of its corporate and supply chain workforce.

☆ Factbox: FACTBOX Tech firms, Wall Street lead job cuts in Corporate America
▼ + stars: | 2023-01-10 | by ( ) www.reuters.com time to read: +5 min

Jan 10 (Reuters) - Big Tech firms and Wall Street titans are leading a string of layoffs across corporate America as companies look to rein in costs to ride out the economic downturn. Cisco Systems Inc (CSCO.O):The networking and collaboration solutions company said it will undertake restructuring which could impact roughly 5% of its workforce. The effort will begin in the second quarter of the fiscal year 2023 and cost the company $600 million. HP Inc (HPQ.N):The computing devices maker said it expected to cut up to 6,000 jobs by the end of fiscal 2025. Consumer and retail companies:Beyond Meat Inc (BYND.O):The vegan meat maker said it plans to cut 200 jobs this year, with the layoffs expected to save about $39 million.

☆ Factbox: Tech firms leading job cuts in Corporate America
▼ + stars: | 2023-01-04 | by ( ) www.reuters.com time to read: +9 min

Jan 9 (Reuters) - Big Tech firms are leading a string of layoffs across corporate America as companies look to rein in costs to ride out the economic downturn. Microsoft Corp (MSFT.O):The software giant laid off under 1,000 employees across several divisions in October, Axios reported, citing a source. However, Bloomberg later reported Twitter was reaching out to dozens of employees who lost their jobs, asking them to return. HP Inc (HPQ.N):The computing devices maker said it expected to cut up to 6,000 jobs by the end of fiscal 2025. CNN:Warner Bros Discovery-owned (WBD.O) CNN's top boss Chris Licht informed employees in an all-staff memo that job cuts were underway.

☆ Direct ChassisLink changes hands in $3.6 billion deal-sources
▼ + stars: | 2022-12-15 | by ( ) www.reuters.com time to read: +1 min

The deal marks a win for Apollo, which acquired a majority stake in Charlotte, North Carolina-based Direct ChassisLink and logistics and digital supply chain solutions company Blume Global from EQT in 2019 for around $2.5 billion, including debt. Excluding Blume's remaining value, Apollo made two times the money it invested, according to a person familiar with the matter. Blume separately raised money from outside investors in 2021 at a valuation of $500 million. Direct ChassisLink controls a fleet of over 151,000 marine and 100,000 domestic chassis. Reporting by David Carnevali in New York; Editing by Josie KaoOur Standards: The Thomson Reuters Trust Principles.

☆ Walmart rolled out self-checkout to streamline operations and reduce labor needs — but employees and customers say it's causing a surge in theft
▼ + stars: | 2022-12-13 | by ( Ben Tobin | ) www.businessinsider.com time to read: +5 min

Walmart CEO Doug McMillon said stores could close if the rising tide of theft wasn't stemmed. Customers and employees blame self-checkout, which Walmart has increasingly relied on, for theft. Since McMillon made those comments, more than 100 Walmart customers and former and current employees have reached out to an Insider reporter to say the retailer must rely less on self-checkout. "They need to hire cashiers again and do away with so many self-checkout," Mindy Stanley, a Walmart customer from Ashland, Kentucky, said. Polly Kearns, a Walmart shopper from Gulfport, Mississippi, said the best way to protect against theft and make customers happy was to eliminate self-checkouts.

☆ Goldman says buy these five stocks in a weakening macro environment
▼ + stars: | 2022-12-03 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Analysts at Goldman Sachs named a slew of stocks this week that the firm said are well positioned if market conditions deteriorate. They include Yeti, Yum China , Keysight Technologies , Capri Holdings and Taiwan Semiconductor Manufacturing . Yum China Yum China is a stock made for these times, according to analyst Michelle Cheng. Keysight Technologies "Strong results despite weakening macro. Yum China "YUMC delivered a strong margin beat in its 3Q22 results reinforcing its leading execution & business resiliency amid market volatility.

☆ Here are Thursday's biggest analyst calls: Apple, Amazon, Tesla, Chipotle, Capital One, United & more
▼ + stars: | 2022-12-01 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Morgan Stanley downgrades Capital One and Ally Financial to underweight from equal weight Morgan Stanley said in its downgrade of Capital One and Ally Financial that it sees "significant risk" for both stocks. Morgan Stanley reiterates Tesla as overweight Morgan Stanley said it's standing by it's overweight rating on Tesla but is concerned 2023 could be a disappointing year in general for electric vehicles. Morgan Stanley initiates Vizio as equal weight Morgan Stanley said it's concerned the television tech company lacks scale to keep up with bigger competitors. Morgan Stanley reiterates Salesforce as overweight Morgan Stanley said it's standing by shares of Salesforce after the company's disappointing earnings report on Wednesday. Morgan Stanley reiterates Snowflake as overweight Morgan Stanley said investors should stick with shares of Snowflake for the long-term after its earnings report on Wednesday.

Best Buy Co Inc (BBY.N) jumped 12.4%, leading gains on S&P 500 (.SPX) index, after forecasting a smaller drop in annual sales than previously estimated, confident that a ramp up in deals and discounts will lure more customers. "People are hopeful that consumers can still squeeze out a strong holiday season despite the headwinds they're facing," said Brandon Pizzurro, director of public investments at GuideStone Capital Management. "It would be an upside surprise if consumers really brought their full wallet to the table this year, probably what's driving Best Buy movement today." Gains in Best Buy boosted the S&P 500 retail (.SPXRT) sector index, but a 9.4% fall in Dollar Tree Inc (DLTR.O) capped the upside as the discount retailer lowered its annual profit forecast for the second time. Energy (.SPNY) led gains among the 11 major S&P 500 sector indexes, up 3.0%, as oil prices rose after top exporter Saudi Arabia said OPEC+ stuck with output cuts.

☆ Trump-linked stocks slip after initial gains from 2024 bid
▼ + stars: | 2022-11-16 | by ( Shreyashi Sanyal | ) www.reuters.com time to read: +2 min

Shares of Digital World Acquisition Corp (DWAC.O), the blank-check company looking to take Trump's social media venture Truth Social public, fell 4.8% in early trading. It was still the most trending ticker on retail investor-focused social media forum Stocktwits. Earlier this week, DWAC reminded stockholders to vote in favor of extending the completion deadline for the proposed deal with Truth Social. Trump's Truth Social said in August it would join Rumble's new ad platform as its first publisher. Artificial intelligence solutions company Remark Holdings (MARK.O), which has been linked to the former president on social media sites, fell 2.6%.

☆ Trump-tied stocks jump as former president launches 2024 White House bid
▼ + stars: | 2022-11-16 | by ( Shreyashi Sanyal | ) www.reuters.com time to read: +2 min

Nov 16 (Reuters) - Shares of companies tied to former U.S. President Donald Trump jumped on Wednesday after he launched a bid to regain the presidency in 2024. Shares of Digital World Acquisition Corp (DWAC.O), the blank-check company looking to take Trump's social media venture Truth Social public, jumped 9% in premarket trading. DWAC was also the most trending ticker on retail investor-focused social media forum Stocktwits. Trump's Truth Social announced in August it would join Rumble's new ad platform as its first publisher in August. Artificial intelligence solutions company Remark Holdings (MARK.O), which has been linked to the former president on social media sites, gained 5.7%.

☆ Kevin O'Leary: Do this for 1 hour every morning, or 'you will lose money 100% of the time'
▼ + stars: | 2022-11-08 | by ( Megan Sauer | ) www.cnbc.com time to read: +3 min

"You have to invest in information," O'Leary says. Spending an hour skimming through articles on your social media feed may sound easy. O'Leary avoids articles with "ridiculous and outrageous headlines" during his daily morning news hour, no matter how enticing they sound, he says. Google has a free fact-checking tool, where you can search keywords and verify if claims on social media or in blog posts are accurate. If you let the news and social media "bleed your time, you're going to become a very inefficient person," he adds.

Nov 7 (Reuters) - Shares of Digital World Acquisition Corp, the blank-check company looking to take Donald Trump's social media venture public, rallied on Monday over the former president's possible run for the 2024 presidential election. The rally in DWAC, which was also the top trending ticker on retail investor focused social media forum Stocktwits, helped lift shares of other Trump-linked companies. Trump's social media venture Truth Social announced it would join Rumble's new ad platform as its first publisher in August. Artificial intelligence solutions company Remark Holdings (MARK.O), which has been linked to the former president on social media sites, gained 6%. Reporting by Shreyashi Sanyal, Akash Sriram and Anisha Sircar in Bengaluru; Editing by Vinay DwivediOur Standards: The Thomson Reuters Trust Principles.

☆ Factbox: Corporate America lays off thousands as recession worries mount
▼ + stars: | 2022-11-07 | by ( ) www.reuters.com time to read: +7 min

DoorDash Inc (DASH.N):The food delivery firm, which enjoyed a growth surge during the pandemic, said it was reducing its corporate headcount by about 1,250 employees. Twitter Inc:The social media company laid off half its workforce across teams ranging from communications and content curation to product and engineering following Elon Musk's $44 billion takeover. Chime Financial Inc:The online banking firm has laid off 12% of its employees, or about 160 jobs, a spokesperson said. Coinbase Global (COIN.O):The cryptocurrency exchange said it planned to cut over 60 jobs, in its recruiting and institutional onboarding teams. CNN:Warner Bros Discovery-owned (WBD.O) CNN's top boss Chris Licht informed employees in an all-staff memo that job cuts were underway.

☆ 4 social-media managers say the job requires long hours and unrealistic expectations. They share the breaking points that made them quit.
▼ + stars: | 2022-10-29 | by ( Jacqueline Gualtieri | ) www.businessinsider.com time to read: +11 min

While the social-media profession continues to grow in popularity, many social-media managers are deciding to leave their positions for greener pastures. According to Zippia, 29% of social-media managers stay in their roles for less than a year. Even though 70% of social-media managers wanted to be promoted, only 40% saw any possibility to advance where they were, according to the 2020 study. Insider spoke with four social-media managers about how they reached a breaking point in their corporate jobs and what they've chosen to do now instead. Through working with other social-media managers, she's seen how things have changed since her days of working in their shoes.

☆ Abu Dhabi geo data firm Bayanat draws bumper demand for IPO
▼ + stars: | 2022-10-27 | by ( Yousef Saba | ) www.reuters.com time to read: +1 min

DUBAI, Oct 27 (Reuters) - Bayanat, an Abu Dhabi-based provider of geographic data and analytics, said on Thursday it drew robust demand of 57.5 billion dirhams for its IPO. Bayant is offering 22.22% of its share capital at 1.1 dirham per share, valuing the stake at 628.6 million dirhams ($171.15 million). AI firm G42, which is backed by sovereign wealth fund Mubadala, will continue to own 77% of Bayanat. In the same year, Mubadala took an undisclosed stake in G42, which is chaired by the UAE's national security adviser. Dubai Islamic Bank was lead manager, First Abu Dhabi Bank was lead receiving bank and International Securities was the lead placement agent on the IPO.

☆ I talked to 1,000 CEOs of highly successful companies—and they all agree this is the No. 1 type of employee
▼ + stars: | 2022-10-18 | by ( Robert Reiss | ) www.cnbc.com time to read: +3 min

As the host of the radio program the "The CEO Show" for the last 15 years, I've interviewed more than 1,000 of the world's top CEOs. These leaders all come from different backgrounds and have run very different companies, from Proctor & Gamble to Dunkin' Brands to LinkedIn. Robert Sanchez became CEO of Ryder System, a multibillion-dollar transportation and supply chain solutions company, in 2013. Nearly all the CEOs I talked to listed collaboration skills as one of their most desired traits in an employee. So rather than being offended, "any time someone interrupted me, I actually saw it as a positive opportunity," he said.

☆ Here are Tuesday's biggest analyst calls: Meta, Apple, Walmart, Netflix, Coca-Cola, Roblox & more
▼ + stars: | 2022-10-11 | by ( Michael Bloom | ) www.cnbc.com time to read: +9 min

Here are Tuesday's biggest calls on Wall Street: Morgan Stanley reiterates Walmart as overweight Morgan Stanley said that Walmart+ could be worth $45 billion. Morgan Stanley upgrades Amgen to overweight from equal weight Morgan Stanley said the biopharma company is a defensive stock. Morgan Stanley reiterates Microsoft as overweight Morgan Stanley said Microsoft has an attractive valuation. Morgan Stanley downgrades Zoom to equal weight from overweight Morgan Stanley said there's a lack of near term catalysts for the stock. Morgan Stanley names Taiwan Semiconductor as a catalyst driven idea Morgan Stanley said it's bullish heading into semiconductor company's analyst meeting on Thursday.

☆ Global water systems will require 'huge' investment. Here are HSBC's stocks to play the theme
▼ + stars: | 2022-09-27 | by ( Pippa Stevens | ) www.cnbc.com time to read: +3 min

The climate crisis is fueling extreme weather events including record droughts, and with stress growing on global water systems HSBC said investors should own stocks with exposure to water infrastructure. In a recent note to clients, the firm said water systems are a "huge investment" theme over the coming years, identifying key players in various sub-sectors of the over-arching theme. "We think companies that offer water management solutions across various industries could gain from rising awareness about addressing the global water scarcity issues," HSBC added. HSBC also pointed to water treatment company Ecolab and water solutions company Xylem as beneficiaries of increasing investments in water infrastructure. Smart solutions, like those that Xylem provide, are a growing area of focus as municipalities look to upgrade their water systems.

☆ Here are Wednesday's biggest analyst calls: Apple, Estee Lauder, Cisco, Micron, PayPal, Nvidia & more
▼ + stars: | 2022-09-21 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Deutsche Bank reiterates Nike as buy Deutsche said it's standing by shares of Nike heading into earnings next week. Canaccord downgrades Stitch Fix to neutral from buy Canaccord downgraded the online personal styling service after the company's disappointing earnings report. " Goldman Sachs upgrades Estee Lauder to buy from neutral Goldman said in its upgrade of the stock that investors should buy the weakness. Deutsche Bank reiterates Costco as buy Deutsche said it sees upside potential heading into earnings on Thursday. " Bank of America reiterates Apple as buy Bank of America said its survey checks on Apple show that carrier promos are driving more consumers to upgrade iPhones.

☆ 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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☆ Stocks making the biggest moves midday: Lennar, Coinbase, Array Technologies and more
▼ + stars: | 2022-09-19 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

Check out the companies making the biggest moves midday Monday:D.R. Horton, Lennar, PulteGroup — Homebuilder stocks moved higher on Monday after KeyBanc double upgraded the sector to overweight from underweight. Array Technologies — The solar stock jumped over 3% after Piper Sandler upgraded Array Technologies to overweight from neutral, saying the company has more upside ahead on an improved forward outlook. AutoZone — AutoZone shares fell more than 2% as traders pored over a mixed quarterly earnings report. Wix — Shares of Wix soared 11% after activist investor Starboard Value revealed a 9% stake in the web development platform company.

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