DIRS.INFO The most relevant business & tech news

☆ Quantifying how much Nvidia will influence the Dow after it joins the storied average
▼ + stars: | 2024-11-04 | by ( Nick Wells | ) www.cnbc.com time to read: +2 min

What kind of influence will Nvidia have on the 30-stock index when it joins before the bell this Friday? Instead, share price determines how much a single stock can move the Dow on a daily basis. A $1 move in any Dow stock translates to roughly 6.6 points on the index. By considering both share price and historical volatility, we can estimate each stock's potential influence on the index. According to a CNBC analysis of FactSet data, Nvidia would rank as the eighth-largest influence on the Dow based on its share price and recent volatility.

Persons: Jensen Huang, Annabelle Chih, Dow, Goldman Sachs, it's Organizations: Nvidia, Bloomberg, Getty, Dow, Microsoft, Apple, Intel, CNBC Locations: Taipei, Taiwan, UnitedHealth

☆ Watch CNBC's full interview with Wells Fargo's Chris Harvey and Charles Schwab's Liz Ann Sonders
▼ + stars: | 2024-11-04 | 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 EmailWatch CNBC's full interview with Wells Fargo's Chris Harvey and Charles Schwab's Liz Ann SondersChris Harvey, Wells Fargo Securities head of equity strategy, and Liz Ann Sonders, Charles Schwab chief investment strategist, join 'Squawk on the Street' to discuss why the Senate elections may be the most certain of the week, if the historical trend of a higher S&P post-election makes sense, and how the market would react to a contested election.

Persons: Wells Fargo's Chris Harvey, Charles Schwab's Liz Ann Sonders Chris Harvey, Liz Ann Sonders, Charles Schwab Organizations: Wells, Wells Fargo Securities Locations: Wells Fargo

☆ AppLovin's 300% surge in 2024 leaves ad-tech company with big expectations for earnings
▼ + stars: | 2024-11-04 | by ( Cj Haddad | ) www.cnbc.com time to read: +4 min

AppLovin has soared 310% in 2024, beating every U.S. tech company with a market cap of at least $5 billion, according to FactSet data. The technology helps put more targeted ads on the mobile gaming apps the company owns, and works for other studios that license the software. They said the company's "real opportunity" is to catch the influx in brand advertising towards mobile gaming from more conventional channels like social media or legacy broadcasting. Because of its position in digital advertising, AppLovin faces potential competition from some of the most well-capitalized companies on the planet. In 2022, AppLovin gave up on efforts to buy gaming software developer Unity Software for $20 billion, after Unity shareholders rejected the bid.

Persons: AppLovin, Wells Fargo, FactSet . Oppenheimer, Stifel Nicolaus, Jefferies, Adam Foroughi, could've, Foroughi, mightily, Unity, LightShed's Brandon Ross Organizations: Nvidia, Revenue, FactSet, Wedbush, Google, Facebook, Apple, Orient, Unity Software, Unity Locations: BTIG, AppLovin, U.S

☆ Favorable returns come from which party runs the Senate, not White House: Wells Fargo's Chris Harvey
▼ + stars: | 2024-11-04 | 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 EmailFavorable returns come from which party runs the Senate, not White House: Wells Fargo's Chris HarveyChris Harvey, Wells Fargo Securities head of equity strategy, and Liz Ann Sonders, Charles Schwab chief investment strategist, join 'Squawk on the Street' to discuss why the Senate elections may be the most certain of the week, if the historical trend of a higher S&P post-election makes sense, and how the market would react to a contested election.

Persons: Wells, Chris Harvey Chris Harvey, Liz Ann Sonders, Charles Schwab Organizations: Senate, Wells, Wells Fargo Securities Locations: Wells Fargo

☆ Banks and the federal government point fingers as Americans lose billions to online scams
▼ + stars: | 2024-11-03 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +4 min

The American Bankers Association is urging federal action on online financial fraud. Banks and the federal government are in a similar situation, pointing to each other to solve the problem of online financial scams. For its part, the government wants banks to take on more responsibility, and more consistently refund their customers who fall victim to online scams. According to the Federal Trade Commission, consumers reported more than $10 billion in losses last year from online scams. He also said that the government should create "financial crimes intelligence centers."

Persons: Banks, ABA's, —, It's, Rob Nichols, Nichols, Forbes, JP Organizations: American Bankers Association, Service, Federal Trade Commission, Consumer Financial Protection Bureau, JP Morgan, Bank of America, FTC Locations: Wells Fargo, Texas

☆ Amazon said its shoppers keep choosing cheap items – and that's good for business
▼ + stars: | 2024-11-01 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +3 min

Amazon's customers are buying cheap products, the retailer's top execs said in its Thursday earnings call. Amazon reported a strong third quarter, beating earnings expectations. While these items "often have a lower average selling price," Olsavsky said that these buying patterns are still a net positive for Amazon. Representatives for Amazon did not respond to a request for comment from Business Insider, sent outside business hours. Its net sales for the quarter hit $158.9 billion, outperforming analyst expectations of $157.3 billion.

Persons: execs, —, we're, Andy Jassy, Brian Olsavsky, Olsavsky, Jassy, Wells Fargo Organizations: Service, Amazon's, Amazon, Business Locations: North America

☆ Here are Friday's biggest analyst calls: Nvidia, Apple, Amazon, Berkshire Hathaway, Intel, Datadog, Uber & more
▼ + stars: | 2024-11-01 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Citi reiterates Amazon as buy Citi said the e-commerce giant has "multiple catalysts for growth" following earnings on Thursday. Gordon Haskett upgrades Uber to buy from hold The firm said investors should buy the dip in Uber following earnings on Thursday. Goldman Sachs initiates Penguin Solutions as buy Goldman called Penguin a "high performance hardware solutions for enterprise AI at an attractive valuation." Wells Fargo downgrades Estee Lauder to equal weight from overweight Wells downgraded the stock following a disappointing earnings report on Thursday. KeyBanc upgrades Atlassian to overweight from sector weight KeyBanc upgraded the software company following earnings.

Persons: Goldman Sachs, Gordon Haskett, Goldman, Wells, Estee Lauder, it'll, Atlassian, Kinder Morgan, Morgan Stanley, Arista, Datadog, it's, CFRA, Berkshire Hathaway, Jefferies Organizations: Apple, Apple Intelligence, Citi, Amazon, Penguin Solutions, Penguin, Suncor Energy, " Bank of America, Nvidia, Artificial, TAM, Bank of America, UBS, Intel, Mizuho, IDA, Energy Locations: Asia

☆ Dow closes up 563 points as investors shake off jobs report
▼ + stars: | 2024-11-01 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDow closes up 563 points as investors shake off jobs reportJose Rasco, HSBC Global Private Banking and Wealth Management CIO, and Scott Wren, Wells Fargo Investment Institute senior global market strategist, join 'Closing Bell Overtime' to talk the day's market action.

Persons: Dow, Jose Rasco, Scott Wren Organizations: HSBC Global Private Banking, Wealth Management, Fargo Investment Institute Locations: Fargo

☆ A Swedish gummies craze is taking over the candy world
▼ + stars: | 2024-10-31 | by ( Natalie Bennett | Natalie Bennett Is A Segment Producer For Nbc News. | ) www.nbcnews.com time to read: +6 min

“Since everyone’s obsessed with Swedish candy in New York, let’s go to Bon Bon!” creator Beca Michie said, standing outside the pink awning of Bon Bon Swedish Candy. Welcome to the Swedish gummies craze that has swept the U.S. Bon BonThe platform is alive with videos of people displaying their colorful Swedish candy hauls. “This highly anticipated Swedish candy shop is finally open in the West Village,” creator Becca Schneider said about Lil Sweet Treat. Bon Bon, which opened in 2017, now has four locations that stay open until midnight, as well as a booming website. Courtesy Elly RossAside from TikTok, candy experts said there could be another reason gummies are having a moment -- increased cacao prices.

Persons: let’s, Bon, Beca Michie, Bon Bon, Becca Schneider, Lil Sweet Treat, Leo Schaltz, ” Schaltz, Schaltz, Bon Bon's, Selim Adira, Robert Persson, Bon Bon Schaltz, “, TikTok, ” Elly Ross, Elly Ross, they’re, haven’t, ”, Lil Sweet, Sweet Treat, ” Ross, Issy Victoriano, Ross, I’ve, David Branch, “ It’s Organizations: Brooklyn, Wells, Food Institute, Commodities Locations: Brooklyn , New York, Swedish, United States, New York, Bon, Bon Bon Swedish, West, U.S, Sweden, American, “, Germany, Spain

☆ ‘This is what it means to be from Gaza’: Poet captures people’s stories of life, love and loss
▼ + stars: | 2024-10-31 | by ( Elizabeth Wells | Francisca Marques | ) edition.cnn.com time to read: +6 min

CNN —Mosab Abu Toha’s voice is smooth and melodic when he recites his poetry from his new home in New York. Despite surviving physically, Abu Toha describes how the spirit to truly live has been shattered. Abu Toha fled Gaza with his young family late last year, after relocating several times within the enclave. Now, he’s releasing his second poetry book, “Forest of Noise,” written in English. But for Abu Toha, the relevance of his most recent work lies not in his own story.

Persons: Mosab Abu, ”, Abu Toha, he’s, it’s, Becky Anderson, Mosab Abu Toha's, “ It’s, ” Abu Toha’s, “, Abu Toha’s, ” Abu Toha, ‘, Mosab Abu Toha, Sama, Mosab Abu Toha Abu Toha Organizations: CNN, Hamas, Syracuse University Locations: New York, Palestinian, Gaza, United States, “, Beit Lahiya, Israel

☆ Wall Street remains confident on Microsoft's AI story despite weak guidance. Some say to buy the dip
▼ + stars: | 2024-10-31 | by ( Pia Singh | In | ) www.cnbc.com time to read: +4 min

Wall Street's bullish sentiment on Microsoft hasn't faded, even after the tech giant forecast disappointing revenue growth numbers. The company's revenue increased 16% year over year in the quarter, and its net income rose 11% during the period compared to the year-ago quarter. That forecast led shares to slip nearly 4% in premarket trading, despite the company's strong earnings performance. That would be the company's fastest ever AI-related revenue growth rate. Barclays, which has one of the lowest price objectives on Wall Street, said it sees Microsoft shares being "range bound" in the short term.

Persons: Morgan Stanley —, Bernstein, Morgan Stanley, Keith Weiss, Weiss, Kirk Materne, Materne, Raimo Lenschow Organizations: Microsoft, LSEG, JPMorgan, Bank of America, Barclays, Citi, 25X, Investors Locations: Wells

☆ What we learned from the 2024 World Series
▼ + stars: | 2024-10-31 | by ( Grant Brisbee | ) www.nytimes.com time to read: +9 min

You’re the winner, friend, because you’ve learned something about baseball during the World Series. The Los Angeles Dodgers defeated the New York Yankees in the 2024 World Series, four games to one. They might have played the sloppiest inning in World Series history, if not the sloppiest game in World Series history. It was certainly the sloppiest game from a World Series team facing elimination, and I’m not fact-checking that. The World Series was promoted like “Godzilla vs. Kong,” except one of the monsters got hurt before he could do anything.

Persons: you’ve, we’ve, Tom Emanski, • Aaron Judge, he’s, Aaron Judge Game, flub, • Anthony Volpe, Jazz Chisholm, isn’t, Chisholm, Heck, it’s, • Gerrit Cole, Mookie Betts, Anthony Rizzo didn’t, Cole, Cole didn’t, Elsa, Getty, Ohtani, Austin Wells, Kong ”, Don’t, That’s, It’s, Freddie Freeman, Rizzo, Will Smith, Max Muncy didn’t, Barry Zito, John Smoltz, Tommy Edman, Ben Zobrist, Marco Scutaro, Freeman, Teoscar Hernández, Alex Vesia, don’t, Tyler Glasnow, wasn’t, Yoshinobu Yamamoto, Walker Buehler, Gerrit Cole, Cole’s, Tommy Kahnle, Wells, Alex Slitz Organizations: Los Angeles Dodgers, New York Yankees, Yankees, Jazz, Dodgers, The Dodgers, Dodger, OHTANI

☆ Why Dodgers’ Game 5 win over Yankees was the craziest World Series clincher ever
▼ + stars: | 2024-10-31 | by ( Jayson Stark | ) www.nytimes.com time to read: +21 min

So let’s do our best to tell you about Game 5 of the 2024 World Series — the game that crowned the Los Angeles Dodgers the champions of baseball, but also very possibly the craziest World Series clincher ever. Was that upside-down enough to qualify as the craziest World Series clincher ever? That was Game 5 of the 2024 World Series, the only postseason game in history in which all that happened. On one hand, STATS tells us that the previous two teams to do it in a World Series game both won anyway. That would be the Cubs, in Game 7 in 2016, and the Cardinals, in The David Freese Game (Game 6) in 2011.

Persons: Luis Gonzalez, Joe Carter, Mazeroski, Gerrit Cole, Cole, Jack Flaherty, Blake Treinen, Walker Buehler, Andrew Friedman, Friedman, ”, “, haven’t, Mookie Betts, Brad Penner, Heck, We’re, Giancarlo Stanton’s, Vincent Carchietta, … Cole, Dave Roberts, Max Muncy, Don Larsen, Max Scherzer, Dustin Pedroia, David Ortiz, Torii Hunter, Don’t, Freddie Freeman, Teoscar, James Lang, Katie Sharp, let’s, Aaron Judge clanking, Anthony Volpe, Anthony Rizzo —, ” Muncy, cramp, Dodger, Pedro Báez, You’ll, Luke Weaver, Jazz Chisholm, can’t, Anthony Volpe’s, Volpe, Wally Skalij, David Freese, Yankees —, Austin Wells …, Shohei Ohtani, Wells ’ mitt, Betts, Walker Buehler’s, Wendell Cruz, Buehler, trotted, Daniel Hudson, Walker, He’s, Madison, Mike Montgomery, ” Friedman, — Blake Treinen –, that’s, Rollie Fingers, Fingers, Rollie Fingers …, Blake Treinen …, Blake Treinen’s, huff, Aroldis Chapman, Mariano Rivera, we’ll, we’d, That’s, Aaron Judge’s, Daniel Shirey Organizations: Los Angeles Dodgers, Yankee, Dodgers, Yankees, Cubs, Wild Department, Red Sox, Tigers, Astros, Phillies, Braves, Blue Jays, . Yankees, — Brewers, Cardinals, Rays, Los Angeles Times, Triple, Oklahoma Dodgers, Round Rock, Madison Bumgarner, Madison Locations: Red, North America, “

☆ Here are Thursday's biggest analyst calls: Meta, Coinbase, Microsoft, Robinhood, Wingstop, Target & more
▼ + stars: | 2024-10-31 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Here are the biggest calls on Wall Street on Thursday: Goldman Sachs reiterates Microsoft as buy Goldman says the stock remains extremely attractive following earnings on Wednesday. Bank of America reiterates as Meta as buy Meta remains a "top AI pick" following earnings on Wednesday. Deutsche Bank downgrades Kraft Heinz to hold from buy Deutsche says it sees "reduced growth" following earnings. BTIG upgrades Wingstop to buy from neutral BTIG said investors should buy the dip following earnings on Wednesday. "We are upgrading shares of Wingstop to Buy from Neutral with a $370 price target following the post-earnings selloff in shares yesterday."

Persons: Goldman Sachs, Goldman, Al, Oppenheimer, Wolfe, Bernstein, it's, JPMorgan downgrades Brinker, Morgan Stanley downgrades Biogen, Morgan Stanley, Deutsche Bank downgrades Kraft Heinz, KBW, Wells, Wells Fargo, L3Harris Organizations: Microsoft, Bank of America, Meta, JPMorgan, Chili's, Corp, Deutsche Bank, Deutsche, Walmart, Technologies, of America Locations: Robinhood, 4Q24, OW

UNRWA provides far more than humanitarian aid in the Gaza Strip. Many Palestinians see darker motives, viewing the UNRWA ban as Israel's latest attempt to make their lives unlivable, first imprisoning and bombing them, now taking away their main aid lifeline. Palestinians wait to receive medicines at the UNRWA health center in Khan Younis last month. Despite its endorsements, the United States is yet to resume funding to UNRWA after Israel's Oct. 7 allegations. The Israeli Foreign Ministry has said it will use other agencies, such as the World Food Programme and the World Health Organization, to distribute aid.

Persons: ”, Scott Paul, Ariel Schalit, ” Mustafa Barghouti, Ahmad Gharabli, Khan Younis, Bashar Taleb, —, Matthew Miller, “, David Lammy, Hazem Bader, Oren Marmorstein, António Guterres, Philippe Lazzarini Organizations: United Nations, UNRWA —, Hamas, UNRWA, Oxfam America, Palestinian National Initiative, NBC, United Nations Refugee Agency, UNHCR, West Bank, Getty, ”, British, West, Foreign Ministry, NBC News, Israeli Foreign Ministry, Food, World Health Organization, General Locations: Gaza, Gaza City, Israel, Jordan, Syria, Lebanon, Jerusalem, AFP, Ireland, Norway, Slovenia, Spain, United States, U.S, North Korea, West Bank, Hebron, Israel's

Kendra Panteah, 37, pleaded guilty Friday to one count of kidnapping not resulting in death in federal court in Albuquerque, according to court records. Another man, Gilbert John Jr., fatally stabbed the victim, the prosecutor's office said. Panteah said the two other people got out as she drove to Gallup with the man still locked in the trunk, according to the plea agreement. They stopped at Bass Lake, which is where the victim began breaking out of the trunk and John stabbed him repeatedly with a machete, Panteah and prosecutors said. He and Panteah sat on the trunk of the car until the victim stopped moving, according to Panteah's plea agreement.

Persons: Kendra Panteah, Panteah, John Doe, Gilbert John Jr, John, Witch, —, Navajo, Erlinda Johnson, Johnson Organizations: Attorney's, District, Gallup, Navajo Locations: New Mexico, Albuquerque, U.S, Zuni , New Mexico, Witch Wells , Arizona, Bass

☆ Dodgers beat Yankees to win second World Series of franchise’s new ‘golden era’
▼ + stars: | 2024-10-30 | by ( Andy Mccullough | ) www.nytimes.com time to read: +12 min

An eighth-inning rally capped by sacrifice flies by second baseman Gavin Lux and outfielder Mookie Betts put the Dodgers in front. This title, the eighth in franchise history, can stand beside the Dodgers’ trophy from the pandemic-shortened season in 2020. The precedent feels preposterous until you consider the current Dodgers who will one day join them in the Hall of Fame. “Mark,” he told Freeman, “wants to win really bad.” That desire became clear to Ohtani when he met with the Dodgers. After Freeman launched his grand, Gibsonian walkoff in Game 1 against the Yankees, the Dodgers got the job done.

Persons: Walker Buehler, Buehler, Tommy John, Freddie Freeman, Gerrit Cole, Blake Treinen, Gavin Lux, Mookie Betts, Figueroa, Ohtani, Yoshinobu Yamamoto, Dave Roberts, Andrew Friedman, ’ ” Friedman, Jackie Robinson, Sandy Koufax, Don Drysdale, Duke Snider, Roy Campanella, Pee Wee Reese, Roberts, Friedman, Mark Walter, Frank McCourt, Walter’s, Walter, Stan Kasten, Kasten, ” Kasten, Justin Turner, Joc Pederson, gaffes, Trevor Bauer, groused, Max Scherzer, Jake Cronenworth, Lance Lynn, Eddie Rosario, “ We’ve, ” Roberts, “ That’s, Yamamoto, Freeman, “ Mark, ”, “, Tyler Glasnow, Teoscar Hernández, Ippei Mizuhara, Betts, Glasnow, ’, Max Muncy, “ We’re, ” Muncy, Yu Darvish, Gibsonian, Jack Flaherty, Cole, Aaron Judge, Anthony Volpe, Hernández, Alex Vesia, Graterol, Juan Soto, Soto, Giancarlo Stanton lofted, Flaherty, Treinen toiled, Daniel Hudson, Treinen, Jazz Chisholm, Treinen steeled, Stanton, Anthony Rizzo, Volpe, Wells, Alex Verdugo, Elsa, Getty Organizations: New York Yankees, Los Angeles Dodgers, Dodgers, Yankee, homering, Yankees, Dodger, Boys, of Fame, Walter’s Guggenheim Baseball Management, Atlanta Braves, Washington Nationals, National League West, Tampa Bay Rays, American League East, ”, Houston Astros, Boston Red Sox, Hall of Fame, Navy, National League, Arizona Diamondbacks, Athletic, Diamondbacks, San Diego Padres, of Famers, Padres, New, Yankees miscues, Buehler Locations: Brooklyn, Southern California, Cooperstown, West, Arlington , Texas, Los Angeles, “, Arizona, Atlanta, Lux, Treinen

☆ Alphabet earnings were 'bellwether' of tech earnings, says Wells Fargo's Ken Gawrelski
▼ + stars: | 2024-10-30 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAlphabet earnings were 'bellwether' of tech earnings, says Wells Fargo's Ken GawrelskiCNBC's Deidre Bosa joins Ken Gawrelski, Wells Fargo senior internet analyst, on 'The Exchange' to discuss Alphabet earnings, expectations for Meta, and more.

Persons: Wells, Ken Gawrelski, Bosa Organizations: Meta Locations: Wells Fargo

☆ In Game 4, the Yankees got the jolt of hope they needed: ‘Hey, who doesn’t want to make history?’
▼ + stars: | 2024-10-30 | by ( Tyler Kepner | ) www.nytimes.com time to read: +6 min

For every team faced with an early demise in the World Series, that’s the vision: one more day of summer to play with your friends. “We lost Game 3 and we said, ‘Hey, who doesn’t want to make history?’ I know I love making history. Eight years ago with the Chicago Cubs, Rizzo played another Game 5 on Halloween eve, needing a win to extend the World Series. Three of them were new to this World Series and covered seven innings. He lived the fantasy of every New York-born kid of his generation: a shortstop in pinstripes, starring in the World Series.

Persons: You’ll, Anthony Rizzo, ”, Rizzo, “, they’d, ‘, we’re, Jazz Chisholm, ‘ Hey, Jack Flaherty, They’ve, they’ll, ” Rizzo, Jon Lester, Aroldis Chapman, Gerrit Cole, Luke Weaver, Weaver, Gleyber Torres ’, Alex Verdugo, Brent Honeywell Jr, Anthony Volpe, didn’t, ” Aaron Judge, Verdugo, ” Verdugo hasn’t, Reggie Jackson, Freddie Freeman, ” Weaver, “ You’re, you’ve, Daniel Hudson, Volpe’s, Austin Wells, Volpe, ” Volpe, they’re, ” Chisholm, Gleyber Torres, Elsa, Getty Organizations: New York Yankees, Los Angeles Dodgers, Dodgers, Yankees, Chicago Cubs, Cubs, San Diego Padres Locations: Cleveland, New York, pinstripes

☆ Bigger portions return to Chipotle after skimping complaints
▼ + stars: | 2024-10-30 | by ( Auzinea Bacon | ) edition.cnn.com time to read: +2 min

CNN —Chipotle customers have complained that portion sizes are all over the map. Frustrated Chipotle customers took to posting on social media this year, accusing the company of skimping on servings. He added that about 10% of stores were outliers in portion sizes and would be re-trained. Chipotle employees were never directed to serve customers less, Niccol said, but the claims prompted a reevaluation of the entire system. He said there’s a been a noticeable shift from previous unhappiness and customers are “really excited” about Chipotle’s new portion sizes.

Persons: Scott Boatwright, Chipotle, Chris Kempczinski, pico de, Brian Niccol, Niccol, ” Organizations: CNN, “, Employees, New, Starbucks Locations: skimping, Wells, New York City, portioning

☆ Here are Wednesday's biggest analyst calls: Apple, Alphabet, Snap, Boeing, First Solar, Reddit, AMD & more
▼ + stars: | 2024-10-30 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Here are Wednesday's biggest calls on Wall Street: Bank of America reiterates Advanced Micro Devices as buy Bank of America said the stock is best positioned following earnings on Tuesday. JPMorgan reiterates First Solar as overweight The firm said the solar company is still best positioned following earnings on Tuesday. "Attractive entry point ahead of EDN's tariff review, a key value driver that could drive significant earnings growth & trigger stock re-rating. "We remain confident in BOOT's ability to deliver attractive relative earnings growth supported by compelling unit expansion opportunity." Raymond James downgrades Crocs to market perform from outperform Raymond James downgraded the shoe company following earnings citing margin pressures.

Persons: Wells, Reddit, Morgan Stanley, Raymond James, it's, Bernstein, Baird, Raymond James downgrades Qorvo, Barclays downgrades Lear, Goldman Sachs, Chipotle, Goldman, Raymond James downgrades Crocs, Wedbush downgrades Williams Organizations: Bank of America, Devices, AMD, JPMorgan, Catalyst, " Bank of America, DoJ, Citi, YouTube, Bank of, Holdings, of America, Incyte, Boeing, UBS, Barrick Gold, Barrick, Barclays, CMG, Walmart, Apple, Apple Intelligence, 3Q, 4Q, WSM Locations: China, OW, America, Sonoma

☆ Anthony Volpe’s hometown grand slam provides signature Yankees moment in Game 4
▼ + stars: | 2024-10-30 | by ( Chris Kirschner | ) www.nytimes.com time to read: +5 min

NEW YORK — Anthony Volpe’s jersey was caked in dirt as he fielded grounders at shortstop before the ninth inning of Game 4 of the World Series. The New York Yankees were on the brink of a victory that would keep their season alive. He launched a go-ahead grand slam in the third inning, giving the Yankees a 5-2 lead over the Los Angeles Dodgers. “Definitely number one.”Yankee Stadium hadn’t erupted like it did Tuesday in 15 years, not since Game 6 of the 2009 World Series. And perhaps, if they’re lucky, they’ll one day recount how that grand slam led to baseball immortality.

Persons: Anthony Volpe’s, grounders, Volpe, Derek Jeter, Volpe’s, Mickey Mantle, “, ” Volpe, Jeter, Olivia, Anthony Volpe, Sarah Stier, ” Austin Wells, Wells, Los Angeles, ‘, we’re, Jazz Chisholm, David Ortiz, Big Papi, ” Volpe chuckled Organizations: New York Yankees, Yankees, pushcart, Los Angeles Dodgers, Yankee, Dodgers, Los, Netflix, Red Sox, Fox, Boston, New Locations: New York, Italy, Manhattan

☆ Big Tech stocks have a high earnings bar to clear
▼ + stars: | 2024-10-29 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

Overall S & P 500 profit growth is tracking below what analysts anticipated heading into the reporting period. Still, the S & P 500 is less than 1% below a record high reached earlier this month. Solita Marcelli, UBS Global Wealth Management chief investment officer for the Americas, also warned that high valuations could be a problem for megacap tech stocks as earnings roll out. Technical patterns based on price charts aren't too favorable, either, heading into megacap tech earnings. The Technology Select Sector SPDR Fund (XLK) in June hit its highest level relative to the S & P 500 since March 2000 , when the dot-com bubble peaked.

Persons: Solita Marcelli, Marcelli, Wells Fargo Organizations: Google, Microsoft, Apple, Nasdaq, UBS Global Wealth Management, Netflix Locations: Americas

☆ Buy this advertising tech stock poised to rally more than 25%, Wells Fargo says
▼ + stars: | 2024-10-29 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

It's time for investors to consider scooping up shares of The Trade Desk as it captures more advertising spending, according to Wells Fargo. Analyst Alec Brondolo initiated coverage of the advertising technology stock with an overweight rating, saying that new partnerships should boost estimates. He also placed a $150 price target on Trade Desk, which implies upside of 26%. "We forecast a meaningful benefit from unlocking Roku/Netflix inventory in 2025 /2026, leaving our revenue estimates 6% / 8% ahead of consensus, respectively," he wrote. The Trade Desk should also benefit from ads on Prime Video, a move Brondolo thinks is stimulating growth in the connected TV industry.

Persons: Alec Brondolo Organizations: Netflix, Prime, CTV Locations: Wells Fargo

☆ Wells Fargo's Mike Mayo: Here's why financials will benefit no matter who wins the election
▼ + stars: | 2024-10-29 | 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 EmailWells Fargo's Mike Mayo: Here's why financials will benefit no matter who wins the electionMike Mayo, Wells Fargo Securities managing director and senior banking analyst, joins 'Squawk on the Street' to discuss Mayo's take on why financials benefit from either candidate's election, what happens if rates go up more than expected, and much more.

Persons: Wells, Mike Mayo Organizations: Wells Fargo Securities Locations: Wells Fargo

Search resuls for: "Wells"

25 mentions found