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☆ Here are Monday's biggest analyst calls: Nvidia, Apple, Super Micro, Eli Lilly, Lyft, DoorDash, Disney & more
▼ + stars: | 2024-03-04 | by ( Michael Bloom | ) www.cnbc.com time to read: +9 min

UBS upgrades Norfolk Southern to buy from neutral UBS said it sees margin improvement for the railroad. Goldman Sachs initiates Super Micro as neutral Goldman said the stock is an "AI winner" but that valuation is full right now. UBS reiterates Eli Lilly as buy UBS raised its price target on the stock to $910 per share from $810. UBS reiterates Nvidia as buy UBS said it's sticking with its buy rating after a series of investor meetings with the company." Argus upgrades New York Times to buy from neutral Argus said it sees revenue growth for the newspaper company. "

Persons: Morgan Stanley, Disney, Piper Sandler, Piper, Guggenheim, Baird, SQSP, Goldman Sachs, Goldman, Bernstein, Tesla, underperform Bernstein, Eli Lilly, Wells, Melius, Citi downgrades Ferrari, Jefferies, Evercore, it's, Rosenblatt, Snowflake, Slootman's Organizations: BROS, Guggenheim, GSK, UBS, Norfolk Southern, Micro, JPMorgan, Nvidia, Kyverna Therapeutics, FLT, UDR, Conservative, America Health, RBC, Apple, Citi, Ferrari, Jefferies, BP, Barclays, Barclays downgrades, ISI, Toast Inc, Bank of America, Ball Corp, of America, Broadcom, New York Times Locations: Norfolk, China, New

☆ Your VO2 max is like a '401(k) for longevity' — here's how to invest in it for better heart health and a longer life
▼ + stars: | 2024-03-02 | by ( ) www.businessinsider.com time to read: +10 min

Having a higher VO2 max is good, but more important for health is how the number changes over time. There's a way to use VO2 max to improve heart health and fitness without getting too bogged down in the data. So you have a higher VO2 max, you have a better endurance capacity," Blander said. Men tend to have a slightly higher VO2 max, so an example for an active man could be around 42 mL/kg/min. "If you have higher VO2 max you have a much better chance based on our data analysis to live better, longer, which is amazing," Blander said.

Persons: —, Bryan Johnson, Gil Blander, It's, Blander, Archibald Hill, Hartley Lupton, Edo, Louw, Paz, Mike Thomson, Kate Baird, Baird, Thomson, Nico De Pasquale Organizations: Service, Apple, Cleveland Clinic, White Plains Hospital, Getty Locations: Edo Paz, White

☆ Alleged murder of Sydney couple by police officer reopens old wounds in LGBTQ+ community
▼ + stars: | 2024-03-01 | by ( Angus Watson | ) edition.cnn.com time to read: +7 min

Sydney, Australia CNN —The alleged murder of a young Sydney couple by a serving police officer has opened a tragic new chapter in the troubled history between the force and the city’s LGBT+ community and cast a shadow over Mardi Gras, a vibrant annual celebration of their culture. The bodies of Sydney couple Luke Davies and Jesse Baird were found a week after their alleged murder. Adding to that distress was a photo circulated widely of the alleged killer marching in police uniform at the 2020 Mardi Gras. The couple's alleged murder has cast a shadow over the annual Sydney Gay and Lesbian Mardi Gras parade. Recommendations to police included reinvestigating some of the suspected hate crimes murders, but also for officers to take courses in LGBT+ bias and to improve relations with the LGBT+ community.

Persons: Australia CNN —, Senior New South Wales Police Constable Beaumont Lamarre, Condon, Jesse Baird, Luke Davies, Baird, Davies, @Jesse Baird, Kate Webb, Taylor Swift, Taylor, ” Webb, Mardi, Jesse, Luke who, Webb, ”, “, Jenny Evans, ” It’s, Mardi Gras, Robert French, Tony Crandell, John Sefton, John Sackar, Sackar Organizations: Australia CNN, Mardi Gras, Senior New South Wales Police, Baird’s Paddington, revelers, Gay, Instagram Police, NSW Police, NSW police, Sydney Gay, 78er, ‘, Oxford, International, Sunday Locations: Sydney, Australia, Mardi, Senior, Baird’s, Sydney’s, Mardi Gras, NSW, Newspix, Police

☆ Here are Thursday's biggest analyst calls: Tesla, Apple, Microsoft, Delta, Disney, Snowflake, Okta, Salesforce & more
▼ + stars: | 2024-02-29 | by ( Michael Bloom | ) www.cnbc.com time to read: +10 min

Goldman Sachs reiterates Salesforce as buy Goldman said it's standing by its buy rating following the company's robust earnings report on Wednesday. "Multiple high-profile catalysts should double revs by FY28 & support an Outperform rating with a $54 PT." "We initiate coverage of Gates Industrial (GTES) with a Buy rating and $21 price target. The more aggressive stance follows a near week long sell-off in COLD shares following 4Q results and initial 2024 guidance." Goldman Sachs reiterates Microsoft as buy Goldman said it's standing by its buy rating after a meeting with Microsoft investor relations.

Persons: Jefferies, Roth, Roth MKM, Morgan Stanley downgrades Snowflake, Morgan Stanley, Goldman Sachs, Salesforce, Goldman, it's, TD Cowen downgrades Macy's, Telsey, TD Cowen, Wells, Needham, " Jefferies, Tesla, Coupang, Baird, Cantor Fitzgerald, Cantor, Gates, Piper Sandler, Piper, Raymond James, William Blair, Gordon Haskett downgrades, Haskett, Frank Slootman's Organizations: Jefferies, Barrick Gold, NEM, UBS, Apple, Mar, Bitdeer Technologies, BTC, Citi, United Airlines, Delta, Delta Air Lines Inc, DAL, Deere & Company, American Airlines Citi, Catalyst Watch, Reliance, Star India, JV, UBS downgrades Republic Services, Downside, RBC, Xenia Hotels, Resorts, Deutsche Bank, Deutsche, Products, Gates, NTR, LXU, UW, Bank of America, underperform Bank of America, Realty Trust, Fidelity, Korn, Microsoft, Macquarie Locations: U.S, China, American's, DIS's, Xenia, Federal, Korea

☆ Market consolidations and corrections are buyable, says Ross Mayfield
▼ + stars: | 2024-02-29 | 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 EmailMarket consolidations and corrections are buyable, says Ross MayfieldRoss Mayfield, Investment Strategy Analyst at Baird, discusses the final trading day of the month and key inflation data out this week.

Persons: Ross Mayfield Ross, Baird Organizations: Investment

☆ Australian police find bodies in search for missing couple
▼ + stars: | 2024-02-27 | by ( Alex | ) edition.cnn.com time to read: +1 min

CNN —Australian police have found two bodies in the search for a missing couple allegedly killed by a police officer. New South Wales Senior Constable Beaumont Lamarre-Condon, 28, was charged last week with the murders of his former boyfriend Jesse Baird, 26, and Luke Davies, 29. “We’re very confident that we have located Luke and Jesse,” NSW Police Commissioner Karen Webb told a news conference on Tuesday. Lamarre-Condon had provided information to help locate the bodies, Webb added. Police previously said that a search of Baird’s home found blood, a “projectile” and a fired cartridge case that was matched to Lamarre-Condon’s firearm.

Persons: New South Wales Senior Constable Beaumont Lamarre, Condon, Jesse Baird, Luke Davies, “, Jesse, Karen Webb, Lamarre, Webb, Daniel Doherty, ”, Davies, Baird Organizations: CNN, Australian, New South Wales Senior, ” NSW Police, Police Locations: NSW, Bungonia, Sydney, Paddington, Cronulla

A police officer in Australia has been charged with murdering two men whose bodies were found on Tuesday in a rural area south of Sydney, and the authorities said he had once had a relationship with one of the victims. “We believe — we are very confident — that we have located Luke and Jesse,” she said at a news conference on Tuesday. She expressed condolences to their families and added that the information about the location of the bodies had come “with the assistance of the accused.”The police officer, Beaumont Lamarre-Condon, was charged Friday with two counts of murder, according to information provided by the Local Court of New South Wales. He was being held and will next appear in court on April 23. He had legal representation, a spokesman from the court said by email.

Persons: Karen Webb, Jesse Baird, Luke Davies, “, Jesse, ”, Beaumont Lamarre, Condon Organizations: Local, New Locations: Australia, Sydney, New South Wales, Bungonia

☆ S&P 500 futures are little changed after index slips from record: Live updates
▼ + stars: | 2024-02-26 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

S&P 500 futures are near flat Monday night as the market rally took a breather. Futures tied to the broad index and Nasdaq 100 futures both traded near flat. Those moves follow a losing day on Wall Street that pulled the Dow and S&P 500 off record highs seen last week. The Dow and S&P 500 slipped 0.16% and 0.38%, respectively, while the technology-heavy Nasdaq Composite inched lower by 0.13%. "You're digesting so much of what happened last week with big earnings, and then you have big data on the horizon."

Persons: Ross Mayfield, Baird, They'll, Mayfield Organizations: New York Stock Exchange, Dow Jones, Unity Software, Dow, Walgreens Boots Alliance, Virgin Galactic, PCE Locations: New York City, U.S, PCE

☆ Wall Street analysts come out very bullish on this recent sporting goods IPO
▼ + stars: | 2024-02-26 | by ( Alex Harring | ) www.cnbc.com time to read: +5 min

Roach is even more bullish than many on Wall Street with a price target of $21 per share. Like many peers on the Street, she sees the company getting a boost from market share growth and an expansion of direct-to-consumer. Multiple analysts deemed Arc'teryx the "crown jewel' of Amer's portfolio. Though Arc'teryx provides a key reason for bullishness, analysts also have their eyes on other well-known brands in the portfolio. "But, the business faces an uncertain 1H24 wholesale backdrop, & comes with single-segment growth & profitability expansion reliance, multi-brand portfolio volatility risk, & high relative leverage levels."

Persons: Wilson, Arc'teryx, FactSet, Goldman Sachs, Brooke Roach, Roach, She's, Amer, Lorraine Hutchinson, Matthew Boss, Paul Lejuez, Salomon, Baird, Jonathan Komp, Amer's, Jay Sole, Morgan Stanley, Alex Straton, Straton Organizations: Amer, New York Stock Exchange, DTC, Bank of America, Amer Sports, Citi, UBS Locations: China

☆ Kevin Costner on why he never gave up on his 35-year passion project 'Horizon: An American Saga': 'It's hard to fall out of love. I don't do that.'
▼ + stars: | 2024-02-26 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +4 min

The full-length trailer for Kevin Costner's "Horizon: An American Saga" has been released. AdvertisementWarner Bros. has debuted the first full-length trailer for Kevin Costner's big-budget epic, "Horizon: An American Saga," a multi-film franchise that the actor has been developing on and off for most of his career. AdvertisementThe poster for "Horizon: An American Saga," directed by and starring Kevin Costner. Advertisement"I love women in cinema," he continued after singing the praises of Miller, Malone, and Hunt, who play prominent roles in the films. Asked about what he hopes audiences will take away from the films, Costner said: "I hope that people feel that were taken somewhere.

Persons: Kevin Costner's, —, Costner, Danny Huston, Kevin Costner, Warner, cowritten, Jon Baird, Christine Baumgartner, mortgaging, Sienna Miller, Sam Worthington, Jena Malone, Rich Polk, Mike Marsland, John Shearer, Jamie Campbell Bower, Abbey Lee, Ella Hunt, Luke Wilson, Hayes Costner, Miller, Malone, Hunt Organizations: Service, Warner, Academy, Warner Bros, Paramount, Business, Getty Locations: America, American, California, Jena

☆ Billie Eilish literally signed Melissa McCarthy’s face during SAG Awards
▼ + stars: | 2024-02-24 | by ( Alli Rosenbloom | ) edition.cnn.com time to read: +1 min

CNN —Melissa McCarthy was the ultimate fangirl at the SAG Awards on Saturday when she asked Billie Eilish for an autograph onstage. Eilish ended up signing her name – with permanent marker – right on McCarthy’s forehead while the pair were presenting the award for outstanding performance by a female actor in a comedy series. While McCarthy attempted to continue gushing over Eilish while she was mid-signature, the singer hilariously covered McCarthy’s mouth as the audience bellowed with laughter. “We’ve actually met before,” McCarthy said, going on to correct herself that they’ve actually met three times. And one of my dogs.”She went on to gush that she actually met Eilish “in utero” before she was even born, because Eilish’s mother, Maggie Baird, was McCarthy’s improv teacher years ago.

Persons: Melissa McCarthy, Billie Eilish, Eilish, McCarthy, she’s “, hilariously, “ We’ve, ” McCarthy, they’ve, you’ve, Maggie Baird Organizations: CNN Locations: gush

☆ Australian police officer charged with murdering missing couple
▼ + stars: | 2024-02-23 | by ( Chris Lau | ) edition.cnn.com time to read: +2 min

CNN —An Australian police officer is facing two murder charges after allegedly killing his former boyfriend and his new partner and disposing of their bodies, which are yet to be found. New South Wales police officer Beaumont Lamarre-Condon, 28, appeared in court on Friday afternoon charged with the murders of Jesse Baird, 26, and Luke Davies, 29. “This has now been ballistically matched to a New South Wales Police firearm … and that firearm belongs to the 28-year-old man who was charged today,” Doherty said. Police said in a statement that the off-duty officer charged was a senior constable attached to a specialist command. An NSW Court spokesperson confirmed Lamarre-Condon had appeared in Waverley court Friday charged with two counts of murder.

Persons: Beaumont Lamarre, Condon, Jesse Baird, Luke Davies, Daniel Doherty, ” Doherty, Baird, Davies, Lamarre, Doherty, van, “, “ They’re Organizations: CNN, Cronulla, . NSW Police, New South Wales Police, Police, Bondi Police Locations: New South Wales, Sydney, Paddington, New, NSW, Waverley

☆ Tech Layoffs Scare Employees but Make Wall Street Investors Happy
▼ + stars: | 2024-02-22 | by ( Emily Stewart | ) www.businessinsider.com time to read: +5 min

It may seem counterintuitive for Wall Street to reward companies for letting people go. After all, layoffs are usually thought to be a sign that the business isn’t doing so hot. And while a lot of the layoff talk is concentrated in tech, investors were also quite pleased about job cuts at Estée Lauder . Many companies took an aggressive approach to hiring during the pandemic, particularly tech companies whose engagement boomed while everyone was stuck at home. The tech companies developing AI products are the best positioned to try them out.

Persons: Estée Lauder, ”, Scott Kessler, Goldman Sachs, Sameer Samana, moonshot, Ted Mortonson, Baird, Kessler, ” Mortonson, hasn’t, Emily Stewart Organizations: Bloomberg, Third, Companies, Wells, Investment Institute, Business Locations: Samana

Some stocks could post sizable moves this week on the back of corporate earnings reports this week. Wall Street expects more steam ahead, with the typical analyst surveyed by FactSet holding a buy rating and price target reflecting nearly 10% in upside. His price target of $2 implies shares can add almost 190%. Meanwhile, the average analyst polled by FactSet has a hold rating on the penny stock, but the same price target as Kallo. But he cut his price target by $3 to $80 on Friday ahead of the report.

Persons: Berkshire Hathaway, it's, Raymond James, Srini Pajjuri, Pajjuri, Nikola, Baird, Ben Kallo, NKLA, Kallo, FactSet, Christopher Horvers, bullish Organizations: Nvidia, Moderna, Berkshire, CNBC Pro, CNBC Locations: Lucid

☆ Top Wall Street analysts like these 3 stocks for long-term growth
▼ + stars: | 2024-02-18 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +5 min

Wall Street analysts are ignoring the short-term noise to focus on picking stocks with strong fundamentals and long-term growth potential. Here are three stocks favored by the Street's top analysts, according to TipRanks, a platform that ranks analysts based on their past performance. In reaction to the upbeat results, Baird analyst David Tarantino reiterated a buy rating on CMG stock and boosted the price target to $2,850 from $2,650. He thinks that this pace of unit growth, coupled with mid-single-digit comps, would help the company "sustain scarce top-line growth characteristics for many years to come." Total comparable sales growth came in at 2.7%, with e-commerce comps rising 21%.

Persons: Baird, David Tarantino, Tarantino, TipRanks, Meta's, Brian White, White, Meta, Peter Benedict, Benedict Organizations: Street, Grill, Meta, Costco Locations: Manhattan , New York, U.S, Canada

☆ Here are Friday's biggest analyst calls: Nvidia, Nike, Tesla, Coinbase, Arm, Meta, Eli Lilly, UPS, Carvana & more
▼ + stars: | 2024-02-16 | by ( Michael Bloom | ) www.cnbc.com time to read: +9 min

Here are Friday's biggest calls on Wall Street: Bank of America reiterates Meta as buy Bank of America said it's bullish on Meta adding the Broadcom CEO to its board of directors. Bank of America reiterates Nvidia as buy Bank of America said it's standing by the stock heading into earnings next week but that a pullback is possible. Baird upgrades UPS to outperform from neutral Baird said in its upgrade of UPS that the risk/reward is too attractive to ignore. Bank of America downgrades Dropbox to underperform from buy Bank of America said the "bull thesis has played out" for the data storage company. Bank of America upgrades Cellebrite to buy from neutral Bank of America said it sees business trends stabilizing for the digital intelligence company.

Persons: it's, Hock Tan, NVDA, Goldman Sachs, Goldman, TD Cowen, Grosvenor, KBW, TTD, Baird, Wells, Tommy Hilfiger, Tommy, Raymond James downgrades Carvana, Raymond James, Wayfair, Oppenheimer, Morgan Stanley, Tesla, Guggenheim, SunPower, Jefferies, Eli Lilly, Roku Organizations: Bank of America, Meta, Broadcom, " Bank of America, Nvidia, Informatica, BMO, Trade, Google, U.S, UPS, JPMorgan, Daiwa, CY2025, UBS, Newell Brands, RBC, Nike, of America, Barclays, Netflix, JPMorgan downgrades Bloom Energy, BE, Pharma Locations: CY24, CY2024, Wayfair, U.S

☆ True Religion explores a sale as maximalist, Y2K-era styles make a comeback
▼ + stars: | 2024-02-15 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +4 min

The hedge fund that owns True Religion is exploring a sale of the Y2K-era jeans brand as it returns to growth and profitability after emerging from its second bankruptcy, CNBC has learned. It's unclear what valuation True Religion is seeking, but it could sell for a mid single digit multiple of its EBITDA, the people said. Farmstead Capital Management, True Religion's owner, has hired Baird to run the sale process. True Religion went public in 2003 and made headlines for its growth and profits. Buckley, who helmed the company during its 2000s heyday and returned in 2019, has transformed True Religion into a leaner machine.

Persons: Baird, Baird didn't, Juicy Couture, Jessica Simpson, Britney Spears, Neiman Marcus, Bloomingdales, Michael Buckley, athleisure, Buckley, Levi Strauss, Levi, Michael Kors, Ralph Lauren Organizations: CNBC, Farmstead Capital Management, Saks Fifth, Religion, Nike Locations: Angeles

☆ AI is changing the cybersecurity industry. Why these two stocks look best positioned to capitalize
▼ + stars: | 2024-02-14 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

"As we move to cloud and generative AI, it opens up massive total addressable markets, where security just has to be done a different way." Palo Alto Networks and CrowdStrike have already surged more than 25% each only six weeks into the new year after proving among the best performers in the Nasdaq-100 in 2023. But arguably, companies offering all-in-one solutions to mounting cybersecurity threats are viewed as sitting in the most advantageous position. PANW YTD mountain Palo Alto Networks in 2024. This leading position is one reason Deepwater Asset Management's Doug Clinton retains a stake in Crowdstrike, along with Palo Alto Networks, in the core fund that he manages.

Persons: Ted Mortonson, Baird, Mortonson, Peter Weed, Bernstein, Morgan Stanley, Hamza Fodderwala, Hendi Susanto, Doug Clinton, JPMorgan's Brian Essex, CRWD, Essex, Michael Bloom Organizations: MGM Resorts, Caesars Entertainment, Microsoft, Palo Alto Networks, Nasdaq, Gamco Locations: cyberattacks, Palo, Crowdstrike

☆ Temu returns to Super Bowl ad slate as lawmaker ire swells
▼ + stars: | 2024-02-09 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +2 min

Temu, the controversial Chinese e-commerce giant looking to take on Amazon , is returning to the big game on Sunday with a Super Bowl ad that lawmakers are calling on Paramount Global and CBS not to run. The multi-million dollar investment put Temu on the map and by the end of 2023, it was the No. On Wednesday, 11 Republican lawmakers sent a letter to the CEOs of CBS, which is airing the Super Bowl, and parent company Paramount urging them not to run the advertisement. "Specifically, Temu 'does not have any system to ensure compliance with the Uyghur Forced Labor Prevention Act (UFLPA). Allowing Temu's commercial to air "would be a touchdown for the Chinese Communist Party against the home team," the letter stated.

Persons: haven't, Temu, Carol Miller, Byron Donalds, Jim Banks, Nicole Malliotakis, Christopher Smith, Pete Stauber, Ronny Jackson, Michelle Steel, Beth Van Duyne, James Baird, Mike Carey Organizations: Paramount Global, CBS, PDD Holdings, U.S, Republican, Paramount, Bowl, Chinese Community Party, Uyghur, Labor, Chinese Communist Party, Reps, Ohio . Paramount Locations: U.S, United States, Ohio

☆ Here are Thursday's biggest analyst calls: Nvidia, Disney, Tesla, Apple, Walmart, Roblox, American Express & more
▼ + stars: | 2024-02-08 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are the biggest calls on Wall Street on Thursday: Jefferies reiterates Walmart as buy Jefferies sees a $20 billion AI and automation opportunity for Walmart. Goldman Sachs upgrades Roblox to neutral from sell Goldman upgraded the stock following its earnings report and sees "margin momentum." Needham upgrades Disney to buy from hold Needham upgraded the theme park operator after its earnings report, seeing "strong" earnings per share growth. Morgan Stanley downgrades American Express to equal weight from overweight Morgan Stanley downgraded the credit card stock mainly citing valuation. Wells Fargo reiterates Disney as overweight Wells says it's standing by its overweight rating on the stock following earnings on Wednesday. "

Persons: Jefferies, Morgan Stanley downgrades Hertz, Morgan Stanley, Goldman Sachs, Goldman, Needham, Ally, it's, Wells, Macquarie, BABA, Oppenheimer, Davidson, NYCB, Guggenheim, TD Cowen, Wedbush, Wolfe, Baird, Tesla Organizations: Walmart, Discover, DFS, Barclays, PNM Resources, New, Express, DIS, Six, York Community Bancorp, Guggenheim, UBS downgrades Air Products, UBS, Products, Deutsche Bank, AstraZeneca, Deutsche, Apple, Nvidia Locations: New Mexico, Texas, OW, North America, China, GPRO

☆ This is a time to be leaning in and buying Boeing 'aggressively', says Baird's Peter Arment
▼ + stars: | 2024-02-06 | 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 EmailThis is a time to be leaning in and buying Boeing 'aggressively', says Baird's Peter ArmentPeter Arment, Baird senior analyst, joins 'Squawk Box' to discuss the issues facing Boeing, the quality control issues at the company, why he believes now's the right time to buy the stock, and more.

Persons: Baird's Peter Arment Peter Arment, Baird, now's Organizations: Boeing

☆ Top Wall Street analysts suggest these 3 stocks for solid upside
▼ + stars: | 2024-02-04 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +4 min

To select the stocks of such companies that have attractive growth potential, investors can track the recommendations of Wall Street's experts. Here are three stocks favored by the Street's top analysts, according to TipRanks, a platform that ranks analysts based on their past performance. The company recently announced upbeat results for the fourth quarter of 2023 and raised its 2024 subscription revenue and operating margin guidance. "Overall, we believe that paid sharing and advertising would help re-accelerate subscriber and revenue growth while driving high-margin incremental revenue," said Mittal. The analyst also highlighted that while Netflix saw a sixth consecutive quarter of subscriber growth, rival Disney's (DIS) subscriber base has declined for three straight quarters.

Persons: Mike Blake, Wall, ServiceNow, Baird, Robert Oliver, ServiceNow's cRPO, Oliver, TipRanks, Sachin Mittal, Mittal, Bob Iger's, NFLX, Rivian Organizations: U.S, Federal Reserve, TAM, Netflix Locations: Los Angeles

☆ Why parts of the ‘Magnificent 7’ are losing their luster
▼ + stars: | 2024-02-03 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +6 min

After turbocharging late 2023's stock market rally, some of the " Magnificent 7 " technology darlings are looking less magnificent this year. Shares of Meta and Nvidia are leading the Magnificent 7 for the year, with both stocks jumping roughly 34% each. The rest of the Magnificent 7 stocks, however, have received anywhere from 70% to 85% buy rating consensus. While the other five are forecast to see at least double-digit earnings growth estimates, analysts predict Apple's earnings growth to stay relatively unchanged. On the other hand, consensus estimates call for Tesla earnings to fall by 20%.

Persons: turbocharging, Tesla, Art Hogan, Hogan, Baird, Elon Musk's, Ben Kallo, Tim Long, Piper Sandler, Harsh Kumar, Charles Schwab, Kevin Gordon, Gordon, Ed Yardeni, isn't, Yardeni, Russell, Fred Imbert Organizations: Nvidia, Meta, Microsoft, Apple, Wall Street, Riley Wealth Management, CNBC, BYD, Barclays, Blips, Yardeni Research, titans Locations: Delaware, China

☆ Here are Friday's biggest analyst calls: Nvidia, Apple, Meta, Amazon, Disney, Chipotle, Nike, Roblox, Costco & more
▼ + stars: | 2024-02-02 | by ( Michael Bloom | ) www.cnbc.com time to read: +4 min

Goldman Sachs reiterates Amazon as buy Goldman said it's sticking with its buy rating after the company's robust earnings report on Thursday. " Bank of America reiterates Apple as buy Bank of America said investors should keep buying shares of Apple after its earnings report on Thursday. "We are downgrading the shares to HOLD and lowering our price target to $7." Bank of America reiterates Roblox as buy Bank of America said it's bullish on the stock heading into earnings next week. " Citi reiterates Disney as buy Citi said it's standing by the stock heading into earnings next week. "

Persons: Morgan Stanley, Meta, Goldman Sachs, Goldman, Evercore, Oppenheimer, Baird, Wells, Roblox, it's bullish, Chipotle, it's Organizations: North America, Bank of America, Apple, Nvidia, Global Payments, Costco, Citi, Sea, Deutsche Bank downgrades New York Community Bancorp, Deutsche, New, Community Bancorp, Comerica, CMA, TFC, Barclays, Nike, Disney, UBS, ~$ $ Locations: North, China, Singapore, KeyCorp, F1Q23

☆ Mayfield: Softer data could prompt a March rate cut
▼ + stars: | 2024-02-02 | 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 EmailMayfield: Softer data could prompt a March rate cutRoss Mayfield, investment strategy analyst at Baird, says he's not so sure Fed chair Jerome Powell should have been as explicit in taking a March rate cut off the table, given the amount of data due before then.

Persons: Ross Mayfield, Baird, he's, Jerome Powell

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