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☆ Takeaways from the Iowa Republican caucuses
▼ + stars: | 2024-01-16 | by ( Eric Bradner | ) edition.cnn.com time to read: +8 min

The former president won the Iowa Republican caucuses by an unprecedented margin, kickstarting his bid to win his party’s third consecutive presidential nomination. He did so despite skipping the GOP primary debates and eschewing the retail politicking grind typically demanded by Hawkeye State voters. Here are six takeaways from the Iowa GOP caucuses:‘Very smart, very capable people’Trump speaks at his caucus night watch party in Des Moines. “I can safely say, tonight, Iowa made this Republican primary a two-person race,” she told supporters. Video Ad Feedback GOP strategist on what Iowa caucuses result reveals about Republican voters 00:50 - Source: CNNTrump remains hard to beatEntrance polls showed the breadth of Trump’s support across the GOP’s key constituencies.

Persons: Donald Trump, it’s, Ron DeSantis, Nikki Haley, Haley, ’ Trump, Brian Snyder, Trump, DeSantis, Vivek Ramaswamy, couldn’t, “ It’s, ” Trump, Ramaswamy, It’s, hasn’t, “ We’ve, He’s, ”, bode, Joe Biden, Biden, Jeenah, “ Trump, Alyssa Pointer, he’d, he’s, DeSantis ’, Grassley ” —, Republican Sen, Chuck Grassley, Kim Reynolds, Bob Vander Plaats, who’d, Pete Buttigieg, Vermont Sen, Bernie Sanders Organizations: CNN, Republican Party, Iowa, Hawkeye State, Florida Gov, South Carolina Gov, Trump, Iowa GOP, Reuters, Republican, CNN Trump, College, Biden, West Des Moines, Nevada GOP, South Carolina, DeSantis, GOP, Des Moines Register, Democratic National Committee Locations: New Hampshire, Iowa, Des Moines, Florida, South Carolina, South Carolina –, West Des Moines, West Des, Nevada, Vermont, demote Iowa

☆ Semiconductor stocks surged in 2023. Why investors may want to brace for volatility in the new year
▼ + stars: | 2024-01-16 | by ( Samantha Subin | ) www.cnbc.com time to read: +6 min

Prepare for volatility in the semiconductor industry after an exuberant 2023 that saw prices surge and left many companies with lofty valuations. "Higher valuations in my experience lead to higher investor expectations and those higher investor expectations typically lead to higher volatility," said Michael Brenner of FBB Capital Partners . Computer chip stocks surged in 2023, largely due to enthusiasm surrounding the use of artificial intelligence and the need for advanced semiconductors. Bracing for volatility Semiconductor companies have a lot to prove in 2024 after wowing investors last year. KeyBanc Capital Markets' John Vinh said in a recent note to clients that auto industry semiconductor demand in the new year will benefit Analog Devices , NXP Semiconductors and On Semiconductor .

Persons: Michael Brenner, Capital's Paul Schatz, Sylvia Jablonski, Robert Pavlik, Brenner, FBB, Jensen Huang, Nvidia aren't, Schatz, Jablonski, Intel's, Ross Seymore, Seymore, Brenner isn't, John Vinh, bode, Vinh, Mizuho's Vijay Rakesh, — CNBC's Michael Bloom Organizations: FBB Capital Partners, iShares Semiconductor, Dakota Wealth, Nvidia, Broadcom, Micron Technology, Devices, Deutsche, Marvell Technology, Taiwan Semiconductor, Infineon, EV, KeyBanc, NXP Semiconductors, Semiconductor, Qualcomm, Lam Research

TAIPEI, Taiwan (AP) — Taiwan on Sunday condemned what it said were “fallacious comments” by China following the self-governing island's presidential and parliamentary election the previous day. The verbal sparring did not bode well for the future of Taiwan's relations with China under the winner, President-elect Lai Ching-te, or for China's relations with the United States. The institute is the de-facto U.S. Embassy, since the United States does not have formal diplomatic relations with Taiwan. China regards Taiwan as a renegade province and says that it should not even have a foreign ministry or any official relations with foreign governments. The Chinese Foreign Ministry said in its statement that "the Taiwan question is China’s internal affair.

Persons: bode, Lai Ching, Stephen Hadley, State James Steinberg, Tsai Ing, China's, ” Lai, Tsai, ” Chen Binhua Organizations: —, Sunday, Former National Security, State, American Institute, U.S, Embassy, Democratic Progressive Party, Taiwan's Foreign, Foreign Ministry, Taiwan Affairs, Chinese Foreign Ministry, Kuomintang, Nationalist Party, Taiwan People's Party, Taiwan Affairs Office, State Council Taiwan Affairs Office, Taiwan Locations: TAIPEI, Taiwan, — Taiwan, China, United States, U.S, Taipei

Winter storms and cinema closures in North America didn’t dampen the opening weekend for “ Mean Girls. Not accounting for inflation, that’s more than the $24.4 million the first movie made in its opening weekend. This iteration of “Mean Girls” stars Angourie Rice, Auli’i Cravalho and Reneé Rap, who played Regina on stage. Political Cartoons View All 253 ImagesAmazon and MGM’s “The Beekeeper" debuted in second place with an estimated $16.8 million from 3,303 theaters. The Walt Disney Co. sent its 2020 Pixar film “Soul” to movie theaters this weekend as well, where it made $429,000 from 1350 locations in North America.

Persons: Tiny Fey, Martin Luther King Jr, Jason Statham, Jay, Clarence, “ Barbie, ”, hadn’t, Regina George, Angourie Rice, Auli’i, Regina, Fey, Samantha Jayne, Arturo Perez Jr, bode, “ Wonka, Sydney Sweeney, Glen Powell, LaKeith Stanfield, Omar Sy, RJ Cyler, David Oyelowo, Alfre Woodard, Teyana Taylor, Jeymes Samuel, “ Luca Organizations: Paramount, Golden Globes, “, Rotten, Miramax, Sony, Universal, Walt Disney Co, Pixar, Disney Locations: North America, British

☆ Netflix is pulling back on movies, adding to Hollywood's woes as a grim box office year looms
▼ + stars: | 2024-01-13 | by ( Lucia Moses | ) www.businessinsider.com time to read: +8 min

The downsizing of Netflix's film ambitions is on pace with a broader contraction at the streamer, which announced 88 fewer original films last year than in 2022. But for some on Wall Street, the right number of Netflix original films just might be zero. Netflix's rise has been a mixed bag for filmWhen Netflix film head Scott Stuber joined the company in 2017, the mandate was quantity. Netflix announced a whopping 232 original films in 2021, according to Ampere Analysis. Netflix's original films started declining in 2022 from the 2021 peak of 232.

Persons: bode, Scott Stuber, Stuber, David Fincher, Ted Sarandos, Ted Hope, Hope, didn't, Variety, Maestro, we're, Netflix's, Kevin Goetz, Michael Pachter, Kasey Moore, LightShed, Goetz, " Goetz, Wedbush's Pachter, Pachter Organizations: Netflix, Business, Ampere, Independent, Variety, Hollywood, Puck News, Apple, LightShed Partners Locations: —

☆ States have been eliminating taxes on period products for years. Here’s where you'll still pay them.
▼ + stars: | 2024-01-10 | by ( Aria Bendix | Joe Murphy | ) www.cnbc.com time to read: +6 min

Texas was the most recent: Since September, there has been no state sales tax on period products there. Over the last four decades, states with sales tax have been enacting laws that eliminate such taxes on menstrual products. Most states don't tax certain essential goods, such as grocery store produce, canned food and prescription medicines. "It's like, 'Do I spend money on gas to get to school or do I buy period products? In the future, states might also consider bills that make period products free in public restrooms, she added.

Persons: Lacey Gero, We've, Lisa Willner, bode, Jhumka Gupta, Gero, Willner, that's Organizations: Republican, Democrat, Alliance, George Mason University, Kentucky, D.C Locations: Alaska , Delaware , Montana , New Hampshire, Oregon, Texas, Kentucky, Minnesota, Washington, U.S, Alabama, Arizona , Michigan, New Mexico , New Jersey, Ohio, Ann Arbor , Michigan

☆ This could be the year for dividend stocks. Here are Wall Street's favorites
▼ + stars: | 2024-01-03 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

This year could be a better one for dividend stocks. This year, the Federal Reserve has said it's likely to cut interest rates three times , which could bode well for dividend stocks . "Moving forward … it's the time to start buying dividend stocks." The insurance company has a 3.1% dividend yield and 16% upside to the average analyst price target. The stock, which has a 3.3% dividend yield, has 26% upside to the average price target.

Persons: bode, Matt Powers, VIG, FactSet, TD Cowen, Matt Elkott, Jimmy Bhullar, — CNBC's Michael Bloom Organizations: Federal Reserve, Powers Advisory, CNBC, Trinity Industries, Trinity, MetLife, JPMorgan, MET, Utilities

☆ Why America's Electric Car Push Isn't Working
▼ + stars: | 2024-01-03 | by ( Paris Marx | ) www.businessinsider.com time to read: +12 min

Electric vehicles were supposed to be inevitable. Auto execs who were once trumpeting the potential of electric cars are even publicly acknowledging that EVs aren't working . In September, 87% of new-vehicle sales were fully electric vehicles. Plus, heavier electric vehicles are harder on roads, produce more air pollution, and pose a greater safety risk for pedestrians. Time for a rethinkThe shift from gas-powered cars to electric vehicles is an opportunity to rethink how Americans get from place to place.

Persons: Joe Biden, Tesla, EVs —, EVs, Edward Niedermeyer, Niedermeyer, Ipsos, CarGurus, bode, Ketan Joshi, Joshi, Benjamin Sovacool, it's, Paris Marx Organizations: EV, Ford, General Motors, Honda, Auto execs, Industry, Tesla Motors, EVs, Cox Automotive, Strategic, Cox, Statistics Norway, Transportation Locations: Mexico, America, California, United States, Norway, Oslo, Norwegian, Paris

☆ Dividend-paying stocks could rise in 2024. Investors like these plays for the new year
▼ + stars: | 2023-12-28 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +6 min

Dividend-paying stocks took a backseat to this year's tech-driven market rally, but 2024 could be the year that they come back in vogue. A couple of catalysts could swing the pendulum back in favor of dividend payers in 2024, including the Fed's forecast for three rate cuts in the new year. "Not only do you get the dividend yield and dividend growth, but you get some capital appreciation perhaps – that's where it gets interesting," he added. Special dividend payers Kim Abmeyer, certified financial planner and founder of Abmeyer Wealth Management in Dallas, sees dividend-paying stocks coming into focus for 2024. The energy company in November announced that it raised its regular dividend by 10% and it declared a $1.50 per share special dividend.

Persons: gangbuster, Charlie Gaffney, Eaton Vance, Gaffney, bode, Bernstein, it's, Nelson, Piper Sandler, Paul Newsome, Kim Abmeyer, Abmeyer, Stocks, Roth MKM's Leo Mariani Organizations: Big Tech, Nasdaq, Morgan Stanley Investment Management, Broadcom, VMware, Evercore ISI, Disney, Allstate, Abmeyer Wealth Management, Costco Wholesale, Costco Locations: Dallas

☆ Investors see a biotech comeback in 2024 as rates fall, deal-making picks up. Stocks to watch
▼ + stars: | 2023-12-28 | by ( Christina Cheddar Berk | In | ) www.cnbc.com time to read: +8 min

Many biotech stocks struggled in 2023 despite a robust year for U.S. drug approvals. "We expect this environment to continue but look forward to the prospect of lower interest rates in 2024." When that happens, Canaccord Genuity said to expect a "strong rally across the biotech sector rewarding innovative, but riskier assets." Analysts have said the rich price reflects the opportunity for ImmunoGen's Elahere cancer treatment , which has quickly established itself as the standard of care for types of ovarian cancer. 'Oversold and cheap' In a research note Friday, Jefferies analyst Michael Yee said "a significant short squeeze" was helping biotech stocks in the fourth quarter.

Persons: Dan Lyons, Janus Henderson, John Newman, Canaccord Genuity, Janus, Lyons, Bristol Myers Squibb, Karuna, AstraZeneca, Eli Lilly, AbbVie, Jonathan Miller, Miller, bode, Jonathan Krinsky, Krinsky, BTIG's, Jefferies, Michael Yee, Yee, NASH, Madrigal, we're, David Risinger, — CNBC's Michael Bloom Organizations: Drug, Federal, Bristol Myers, Karuna Therapeutics, CART, Bristol Myers Squibb, Cerevel Therapeutics, Securities and Exchange Commission, pharma, P Biotech, Nasdaq Biotech, Apogee Therapeutics, Madrigal Pharmaceuticals, Madrigal, resmetirom, Vertex Pharmaceuticals, Leerink Partners Locations: ImmunoGen

☆ CNBC Daily Open: Inflation goal in view
▼ + stars: | 2023-12-26 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +3 min

Brown | AFP | Getty ImagesThis report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. The personal consumption expenditures price index measures how much consumers spend on goods and services. By contrast, the consumer price index tracks the price of goods and services — not actual consumer behavior. For the week, the S&P was up 0.8%, the Dow 0.2% and the Nasdaq 1.2%.

Persons: Frederic J, Brown, That's, Andrew Hunter, Russell, bode, Greg Bassuk, —, Jeff Cox Organizations: HK, AFP, Getty, CNBC, Capital Economics, CPI, Nasdaq, Dow Jones, Nike, Dow, AXS Investments Locations: Rosemead , California

☆ CNBC Daily Open: Inflation mission accomplished?
▼ + stars: | 2023-12-26 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +3 min

Justin Sullivan | Getty Images News | Getty ImagesThis report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. The personal consumption expenditures price index measures how much consumers spend on goods and services. By contrast, the consumer price index tracks the price of goods and services — not actual consumer behavior. For the week, the S&P was up 0.8%, the Dow 0.2% and the Nasdaq 1.2%.

Persons: Justin Sullivan, That's, Andrew Hunter, Russell, bode, Greg Bassuk, —, Jeff Cox Organizations: HK, Getty, CNBC, Capital Economics, CPI, Nasdaq, Dow Jones, Nike, Dow, AXS Investments Locations: San Anselmo , California

☆ Why experts say falling EV prices could actually hinder widespread adoption
▼ + stars: | 2023-12-08 | by ( Robert Ferris | In | ) www.cnbc.com time to read: +1 min

Prices of used electric vehicles are down roughly 30% year over year, according to market research studies using data from September and October. The cheaper prices might bode well for buyers, but they raise concerns that low resale values could hurt EV adoption among mainstream consumers. The falling prices also add fuel to a debate over whether EV demand is faltering. "The mainstream appeal of these cars is still not there," said Karl Brauer, executive analyst for iSeeCars, a search engine for used cars. Edmunds, which provides a range of automotive data services, said in its Q3 2023 Used Vehicle Report that "the low resale values for used EVs could become a major deterrent to new EV purchases and EV adoption more broadly."

Persons: bode, Karl Brauer, They're, they've, Scott Case, Edmunds Organizations: iSeeCars

☆ Cramer examines Tuesday's market 'mistakes,' points out underappreciated stocks
▼ + stars: | 2023-12-05 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer on Tuesday said he thinks Wall Street has made some poor decisions when evaluating mega cap stocks. "Look, on any given day, we're giving, getting these imperfections, these mistakes, these juvenile, uninformed moves," he said. Cramer pointed to tech giant Apple , which he said opened down on Tuesday due to a market-wide decline. But its stock changed course after the company announced its recently approved weight loss treatment Zepound is now available at pharmacies. These "mistakes" can bode well for investors who might want to buy shares of high quality stocks at lower prices.

Persons: CNBC's Jim Cramer, Cramer, Hai, Eli Lilly, Eli Lilly's, bode Organizations: Apple, Foxconn

☆ Saudi Arabia is struggling to boost oil prices, raising possibility of supply war with U.S.
▼ + stars: | 2023-12-01 | by ( Spencer Kimball | ) www.cnbc.com time to read: +5 min

OPEC is facing growing challenges in its efforts to boost oil prices amid record output outside the alliance, particularly in the U.S., raising questions about how long the alliance can maintain its deep production cuts. The outcome is a "bittersweet victory" for OPEC kingpin Saudi Arabia, wrote Jorge Leon, senior vice president of Rystad Energy, in a note Thursday. With oil prices down more than 14% since September highs, traders were hoping that OPEC could provide a boost. In the end, Saudi Arabia may have only one option — launch a supply war by flooding the market with oil. The 2.2 million bpd in voluntary cuts from the coalition of the willing is somewhat deceiving.

Persons: Jorge Leon, bode, Leon, Brent, Natasha Kaneva, Paul Sankey, John Kilduff, Kilduff, it's, Sankey, Kaneva, Goldman Sachs, Goldman, Daan Struyven, Struyven Organizations: Rystad Energy, Traders, Sankey Research, U.S . Oil, U.S, OPEC, United Arab, Goldman Locations: U.S, OPEC, Saudi Arabia, Riyadh, Saudi, China, Russia, Iraq, United Arab Emirates, Kuwait, Kazakhstan, Algeria, Oman

☆ Biden and Xi are glaringly absent from the UN's climate summit. That doesn't bode well for the world.
▼ + stars: | 2023-12-01 | by ( Tom Porter | ) www.businessinsider.com time to read: +5 min

World leaders are gathering in the UAE for the COP28 climate change summit. But President Joe Biden and Xi Jinping of China will be absent. But the leaders of the world's biggest polluting nations — President Joe Biden and China's leader Xi Jinping — will be conspicuous by their absence. AdvertisementA man walks past a COP28 sign during the United Nations climate summit in Dubai on December 1, 2023. Xi and Biden are doing little to signal their commitment to sharing the burden of reducing the climate crisis equally by not attending the summit, say critics.

Persons: Joe Biden, Xi, King Charles, Pope Francis, Xi Jinping, LUDOVIC MARIN, Biden, Kamala Harris, John Kerry, Xie Zhenhua, Tom Evans, Evans, Sultan Al Jaber, Kerry Organizations: Service, United Arab Emirates, White, Sunday, US, Democratic, APEC, BBC, Climate, Business, Sierra Club Locations: UAE, China, United Nations, Dubai, Biden's, Xi, San Francisco

☆ Goldilocks meets Santa as global stocks power to best month in three years
▼ + stars: | 2023-11-30 | by ( Naomi Rovnick | ) www.reuters.com time to read: +5 min

MSCI's world stock index (.MIWO00000PUS) is set to close the month up around 9%, its best performance since November 2020, when markets cheered the arrival of COVID-19 vaccines. Global bond prices have soared, with an ICE BofA index of global investment-grade bonds in major markets set to return 3.4% in November, the best month on record going back to 1997. Global growth stocks in high-tech sectors are up 11% (.dMIWO0000GNUS) while value stocks, which are mainly in cyclical industries and offer high dividends, have gained 6.5% (.dMIWO0000VNUS). And a cloudier outlook for stocks suggests a divergence could open up between again between stocks and bonds. The broader global index is set to return 1.6% for the year.

Persons: Joshua Roberts, That's, bode, Altaf Kassam, Wall, We've, Guy Miller, Joost Van Leenders, Van Lanschot Kempen, Van Leenders, Kassam, Naomi Rovnick, Yoruk Bahceli, Dhara Ranasinghe, Christina Fincher Organizations: Federal Reserve, REUTERS, U.S . Federal Reserve, European Central Bank, State Street Global Advisors, Traders, Fed, Insurance Group, Equity, Reuters Graphics Reuters, Treasury, Thomson Locations: Washington , U.S, COVID, U.S

☆ GLP-1 weight loss drug boom to boost energy drink stocks, Lululemon, Stifel says
▼ + stars: | 2023-11-29 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

Further uptake of the blockbuster weight loss drugs rocking the health-care world can bode well for select energy drink makers and fitness-focused retailers, Stifel said. Indeed, Stifel found an additional 21% said they would be interested in the drug if it showed proven results, was widely available and had approval from the U.S. Food and Drug Administration for weight loss specifically. Wegovy was approved to treat weight loss in 2022 and Eli Lilly's Zepbound recently received that same nod . These shifting food and health habits can also affect consumer spending — and stocks tied to specific retailers, Astrachan said. If half of those interested in GLP-1 drugs begin taking them, the firm expects U.S. energy drink consumption could increase about 2%.

Persons: bode, Stifel, Wegovy, Eli Lilly's Zepbound, Mark Astrachan, Astrachan, Atkins, Levi Strauss, Lululemon, — CNBC's Michael Bloom Organizations: Nordisk's Ozempic, U.S . Food, Drug Administration, Monster Beverage, Holdings, Food, BellRing Brands, Brands Locations: Stifel's U.S, U.S

☆ Jim Cramer looks at why Eli Lilly is the 'only drug stock that’s working' right now
▼ + stars: | 2023-11-29 | by ( Paulina Likos | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer releases the Homestretch audio feature in time for the last hour of trading on Wall Street. Elsewhere, Jim Cramer called biopharma stock Eli Lilly (LLY) "the only drug stock that's working" in a competitive health care field. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Stocks, Locker, Mary Dillon's, Eli Lilly, Lilly, bode, Jim, FTC's Lina Khan, Jim Cramer's Organizations: CNBC, Meta, Club, UnitedHealth, FTC, Jim Cramer's Charitable

Bernstein named Taiwan Semiconductor a "best idea" for 2024, raising its price target on the stock. — Alex Harring 7:01 a.m. In addition to the best-pick honor, analyst Steve Scala has an outperform rating and $86 price target. Analyst Michael Lavery downgraded the stock to neutral from overweight and slashed his price target by $40 to $200. ET: Morgan Stanley hikes PDD price target, calls stock a top pick following earnings Morgan Stanley named Chinese e-commerce name PDD Holdings a top pick following its latest quarterly earnings report.

Persons: Bernstein, Morgan Stanley, LSEG, Bank of America's Tal Liani, Morgan Stanley's Hamza Fodderwala, Alex Harring, Craig Siegenthaler, Blackstone, That's, — Alex Harring, Ken Hoexter, Hoexter, TD Cowen, Steve Scala, Scala, Jefferies, John Colantuoni, bode, Colantuoni, Neil Beveridge, Josh Silverstein, Silverstein, JMP, Baldwin, Mitch Germain, Germain doesn't, Germain, Piper Sandler, Michael Lavery, Lavery, elasticities, HSY's, Hershey, Eddy Wang, Wang, Mark Li, Li, — Fred Imbert Organizations: CNBC, Taiwan Semiconductor, Holdings, Wall, Bank of America, Bank of America's, KKR, Apollo Global Management, Pacific, Transport, AstraZeneca, pharma, Airbnb, Toyota, UBS, Exxon Mobil, Natural Resources, Exxon Mobil's, Hershey, PDD, U.S, LSEG, Commerce, PDD's U.S, Apple, Huawei Locations: Tuesday's, Ivory Coast, Ghana, 4Q23, Taiwan, China

Analyst Brad Capuzzi's $8 price target is 43% above where the stock closed on Monday afternoon. "Shares have substantially outperformed this year; catalyzed by the exit of the logistics business & newfound emphasis on profitability," wrote analyst Clarke Jeffries. Bank of America's Vivek Arya lifted his price target to $1,200, or more than a 26% increase from the stock's Monday close of $950.24. Herbert upgraded Boeing to outperform from sector perform and lifted his price target to $275 from $200. "We believe we are in the early stages of a significant shift in sentiment on BA stock," analyst Ken Herbert wrote.

Persons: Jefferies, Piper Sandler, Brad Capuzzi's, Capuzzi, Lisa Kailai Han, Goldman Sachs, Keith Horowitz, Horowitz, Goldman, — Lisa Kailai Han, Clarke Jeffries, Jeffries, Bernstein, Peter Weed, Weed, UBS downgrades ChargePoint, Robert Jamieson, Jamieson, bode, Timothy Arcuri, America's Vivek Arya, Arcuri, Arya, Herbert, Ken Herbert, John Hecht, Fred Imbert Organizations: CNBC, Tuesday's, RBC, Boeing, UBS, Citi Citi, UBS downgrades, UBS doesn't, Broadcom, VMWare, Bank of America, Bank, America's, RBC Capital Markets, —, Jefferies Locations: underperform, LendingClub, Goldman Sachs

☆ New ECB rating agency Scope puts greater weight on euro zone protection mechanisms
▼ + stars: | 2023-11-27 | by ( Marc Jones | ) www.reuters.com time to read: +5 min

While the euro zone has pledged to do "whatever it takes" and jointly issued debt for the first time during the pandemic, its debt load remains eye-watering. Scope assigns Italy a "stable" outlook, but "risks remain", Shen said, "given the weak growth and fiscal outlook". Reuters GraphicsNEXT CRISISThe ECB uses the best rating available from its approved agencies to determine a bond's collateral value when commercial banks borrow from it. Last week's Dutch election win by the far-right Geert Wilders could also have rating implications, Shen said. "Governance risks are a challenge in the longer run for one of the world’s remaining AAA-rated sovereigns...But the rating is not imminently at risk."

Persons: Yorgos, Moody's, Dennis Shen, Fitch, DBRS Morningstar, Shen, DBRS, bode, Geert Wilders, Marc Jones, Kirsten Donovan Organizations: REUTERS, Companies, AAA, European Central Bank, Reuters, Reuters Graphics NEXT, ECB, Thomson Locations: Athens, Italy, France, Berlin, U.S, Greece, Spain, Portugal, Cyprus, Rome, Canada, Dutch

☆ The little-known agriculture stocks shaping the future of alternative protein
▼ + stars: | 2023-11-25 | by ( Alex Harring | ) www.cnbc.com time to read: +6 min

Not every corner of the plant-based food industry has been burned. After the boom-and-bust cycle of Beyond Meat stock, analysts have wondered what comes next for the plant-based food space. The alternative protein market Beyond Meat's struggles have left some skeptical about which companies have what it takes to meet the needs of consumers who want to avoid animal-based products for health or environmental reasons. After topping $230 per share at its highest point, Beyond Meat stock now trades below $7. There's a business argument beyond the alternative protein market that can bode well when forecasting demand, Morningstar's Goldstein said.

Persons: Kristen Owen, Oppenheimer, Morgan Stanley, Michael Canfield, FactSet, Canfield, Corteva, Morningstar, Seth Goldstein, Goldstein, Vincent Andrews, Owen, Zepbound, milks, bode, Morningstar's Goldstein, Archer, Michael Bloom Organizations: Good Food Institute, Daniels, Midland Locations: Green Plains, U.S, Green, There's

☆ Morgan Stanley: Buy these 9 stocks for safe, high-quality earnings heading into a volatile 2024
▼ + stars: | 2023-11-23 | by ( Mark Reeth | ) www.businessinsider.com time to read: +2 min

Morgan Stanley chief investment officer Michael Wilson is all too aware of these many problems the market is facing. But broadly, Wilson and his peers are hopeful that the economy will continue to grow next year, spurring earnings growth along with it, pushing stocks higher. Wilson believes that margin expansion will underpin earnings growth next year. "Once that happens, however, and demand begins to recover, positive operating leverage resumes and drives margin expansion and earnings growth." He narrowed his search to stocks in the top 20% of earnings stability, stocks in the top 20% of earnings quality, and stocks that were rated overweight by Morgan Stanley analysts.

Persons: bode, Morgan Stanley, Michael Wilson, that's, Wilson Organizations: Business, Companies

☆ 2 of our stocks stand to gain from the discount-driven start to holiday online shopping
▼ + stars: | 2023-11-22 | by ( Morgan Chittum | ) www.cnbc.com time to read: +5 min

Deep discounts are driving a strong start to holiday online spending, according to new data from Adobe Analytics. While measuring online holiday spending, the report's emphasis on bargain-driven sales signals that shoppers at brick-and-mortar locations would feel the same way. So far in November Online sales for apparel were up 22% this month compared to daily average sales in October, according to Adobe data. On Black Friday, the big shopping day after Thanksgiving, online spending alone is seen rising 5.7% to $9.6 billion. People carry shopping bags as they visit a department store during the holiday season in New York City.

Persons: Adobe's, Morgan Stanley, bode, TJX, Goldman Sachs, Andy Jassy, we're, Jassy, Jim Cramer's, Jim Cramer, Jim, Eduardo Munoz Organizations: Adobe Analytics, Club, Adobe, Bank of America, Apparel, TJX, Amazon, Amazon Web Services, CNBC Locations: Maxx, New York City

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