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☆ Anthony Volpe’s grand slam lifts Yankees in Game 4, staves off Dodgers World Series sweep
▼ + stars: | 2024-10-29 | by ( Andy Mccullough | ) www.nytimes.com time to read: +5 min

Volpe gave the Yankees a lead in this series for the first time since Game 1. From there, the bullpen hung tough and held off the Dodgers long enough to force Game 5 on Wednesday in the Bronx. The Yankees became only the fourth team in baseball history and the first since 1970 to avoid a sweep in the World Series when down, 3-0. From there, the Dodgers appeared on the verge of the sweep, before Volpe took Dodgers reliever Daniel Hudson deep. Before the game, Dodgers manager Dave Roberts discussed the importance of length from two rookie pitchers, Ben Casparius and Landon Knack.

Persons: Aaron Boone, Anthony Volpe, “, ” Boone, Boone, Volpe, Gerrit Cole dueled, Jack Flaherty, Daniel Hudson, serenaded Volpe, idolizing Derek Jeter, Freddie Freeman, Austin Wells, Wells, Gleyber Torres, Brent Honeywell, Aaron Judge, Dave Roberts, Ben Casparius, Landon Knack, Casparius, Knack, Freeman, Luis Gil, Alex Verdugo, Roberts, Hudson, Jazz Chisholm, Giancarlo Stanton, Anthony Rizzo, Gil, Will Smith, Tim Hill, Shohei Ohtani, Sarah Stier Organizations: New York Yankees, Yankees, Dodgers, Dodger, Yankees pilloried Dodgers, New York Mets, National League Locations: Bronx, New Jersey

☆ Bond market factoring in Trump win, if Harris wins bond yields come down: Wells Fargo's Schumacher
▼ + 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 EmailBond market factoring in Trump win, if Harris wins bond yields come down: Wells Fargo's SchumacherMichael Schumacher, Wells Fargo, joins 'Fast Money' to talk the market's response to the upcoming election.

Persons: Harris, Wells Fargo's Schumacher Michael Schumacher, Wells Organizations: Trump Locations: Wells Fargo

☆ Anthony Volpe, Yankees slam brakes on Dodgers in Game 4: Takeaways
▼ + stars: | 2024-10-29 | by ( Fabian Ardaya | Tyler Kepner | ) www.nytimes.com time to read: +7 min

NEW YORK — The hometown kid came to the rescue on Tuesday, saving the New York Yankees from elimination in the World Series. Freddie Freeman set a record in defeat, becoming the first player to hit homers in six consecutive World Series games, a streak that began with Atlanta in 2021. Shohei Ohtani and the Dodgers never got much going and the Yankees pulled away with a late offensive explosion. AdvertisementThrough four games this series, the Dodgers have managed 12 runs off Yankees starters in 16 innings. In 19 2/3 innings against the Yankees bullpen, they’ve scored six — and just one since their furious comeback in Game 1.

Persons: Anthony Volpe, Luke Weaver —, Freddie Freeman, Freeman, Shohei Ohtani, Elsa, Getty, Ben Casparius, Landon Knack, Daniel Hudson, Volpe —, Juan Soto, Aaron Judge, Giancarlo Stanton, Volpe, Hudson, Austin Wells, Wells, Aaron Boone, Luis Gil, Ohtani, Tim Hill, they’ve, It’s, Luke Weaver, Weaver, Mookie Betts, Weaver, Teoscar Hernández, Max Muncy, Clay Holmes, Mark Leiter Jr, Tim Mayza, Boone, Gerrit Cole, hasn’t Organizations: New York Yankees, Yankees, Los Angeles Dodgers, Atlanta, Dodgers, National League, Mets, Knack, Yankees ’ bullpen, The Dodgers, Yankee, New Locations: New York, Bronx, Soto, Weaver, Los Angeles

☆ 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

☆ 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

☆ These stocks beat earnings and should outperform in months ahead, Wolfe Research says
▼ + stars: | 2024-10-29 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

Wall Street is in the thick of earnings season, and some companies that have already reported could outperform going forward, Wolfe Research found. Following the bank's latest earnings report on Oct. 15, Wells Fargo reiterated its overweight rating on shares of Goldman Sachs. Shares rallied nearly 18% on Thursday after the health-care company posted earnings and revenue beats. Molina Healthcare earned an adjusted $6.01 per share, while the LSEG consensus estimate called for $5.81 in earnings per share. ServiceNow shares are up more than 35% year to date.

Persons: Wolfe, we're, Goldman Sachs, Wells, Mike Mayo, Molina, ServiceNow, Brad Sills Organizations: Wolfe Research, U.S, Molina Healthcare, . Software, Bank of America

☆ New York Yankees’ offense explodes against Los Angeles Dodgers in World Series Game 4 to stave off elimination
▼ + stars: | 2024-10-29 | by ( Wayne Sterling | ) edition.cnn.com time to read: +11 min

The Yankees beat the Los Angeles Dodgers 11-4 in Game 4, spoiling a historic night for Los Angeles Dodgers’ first baseman Freddie Freeman. It’s like you finally got to see the top blow off Yankee Stadium in a World Series game,” Boone told reporters. It was Yankee Stadium World Series game.”The Dodgers now lead the series three games to one. Ashley Landis/APThe contest started off promisingly for the visitors when Freeman continued his hot World Series run. The New York Yankees' Anthony Volpe hits a grand slam in Game 4 of the World Series on Tuesday, October 29.

Persons: Freddie Freeman, Anthony Volpe, Daniel Hudson, Volpe, ” Volpe, “ We’ve, Aaron Boone, ” Boone, “, Anthony, they’ve, Dave Roberts, ” Roberts, we’re, We’ll, Ashley Landis, Freeman, homering, Luis Gil, George Springer, whittling, Austin Wells, Alex Verdugo, Will Smith, Gleyber Torres, Wells –, Verdugo, Juan Soto, Torres ’, Aaron Judge –, –, Gerrit Cole, Jack Flaherty, Elsa, Mike Lawrence, Brent Honeywell, Anthony Rizzo, Seth Wenig, Luke Hales, Mookie Betts, Al Bello, Giancarlo Stanton, Frank Franklin II, Daniel Shirey, Stanton, Alex Slitz, Maddie Meyer, Sarah Stier, Smith, Alex Vesia, Harry, Michael Kopech, Jayne Kamin, Yoshinobu Yamamoto, Yamamoto, Julio Cortez, Shohei Ohtani, Mary DeCicco, Tommy Edman, Rob Tringali, Carlos Rodón, — Kirk Gibson’s, Gibson, Steph Chambers, Nestor Cortes, Jazz Chisholm, Mark J, Terrill, Aaron Judge, Brusdar Graterol, Enrique Hernández, Fernando Valenzuela, Valenzuela, ”, Gina Ferazzi, Brad Paisley Organizations: CNN, The New York Yankees, Yankee, Yankees, Los Angeles Dodgers, The Bronx Bombers, ” Yankees, Dodgers, Atlanta Braves, Houston Astros, Astros, MLB, Getty, North, AP Yankees, The Dodgers, USA, Sports, Reuters, AP Dodgers, Dodger, Los Angeles Times Locations: New York, It’s, Los Angeles, York, North America

☆ This startup for traders raised $30 million from investors including Stanley Druckenmiller and Greg Coffey. Here's how it plans to transform how Wall Street analyzes data.
▼ + stars: | 2024-10-28 | by ( Bianca Chan | ) www.businessinsider.com time to read: +6 min

Reflexivity is a startup cofounded by two former hedge fund traders. AdvertisementA startup looking to transform how investors and traders use data just received funding from some of the biggest names in the hedge fund world. Reflexivity, formerly known as Toggle AI, just raised its $30 million Series B, the startup announced Monday. Interactive Brokers and Greycroft led the round, which included participation from billionaire investor Stanley Druckenmiller and Greg Coffey, the Australian founder of hedge fund Kirkoswald. AdvertisementIt has a valuation between $115 million and $150 million, Szilagyi said.

Persons: —, Greycroft, Stanley Druckenmiller, Greg Coffey, Izzy Englander, Reflexivity, Jan Szilagyi, Szilagyi, George Soros, Giuseppe Sette, Howard, Wells, Szilyagyi, that's Organizations: Service, Interactive, Millennium, Catalyst, P, Business, Druckenmiller's Duquesne Capital Management, Fortress Investment Group, Millennium Management, Soros Fund, London Stock Exchange Group, Federal Reserve Locations: Australian, MUFG, Fargo, Wells Fargo

☆ Stocks making the biggest moves midday: Taiwan Semiconductor, On Semi, Delta Air Lines and more
▼ + stars: | 2024-10-28 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +4 min

Robinhood — The fintech stock rose less than 3% after it said Monday that users will have the chance to trade a Kamala Harris or Donald Trump contract ahead of next week's presidential election. ON Semiconductor — The semiconductor product maker rose 5% after third-quarter earnings and revenue topped analyst estimates. Nutanix — The cloud infrastructure stock rose 4% following an upgrade to overweight from equal weight at Morgan Stanley. Moderna — Shares jumped after Moderna and Merck said they initiated a phase 3 trial investigating a treatment for non-small cell lung cancer. Moderna shares advanced 3.9%, while Merck was slightly higher.

Persons: Wells, Steven Cahall, Kamala Harris, Donald Trump, Israel, FactSet, Eugene Hsiao, Wolfe, Roy Jakobs, Nutanix, Morgan Stanley, Meta Marshall, Merck, Timothy Wojs, Aaon, — CNBC's Sean Conlon, Michelle Fox, Alex Harring, Sarah Min, Pia Singh Organizations: Spotify, U.S . Occidental Petroleum, Exxon, BP —, Citi, McDonald's, Taiwan Semiconductor Manufacturing, Huawei, Reuters, The U.S, Delta Air Lines, CrowdStrike, Honeywell —, Philips —, —, Moderna, Merck, Baird Locations: China, Atlanta

☆ Energy sector has bad news baked in, potential upside from here, says Wells Fargo’s Sameer Samana
▼ + stars: | 2024-10-28 | 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 EmailEnergy sector has bad news baked in, potential upside from here, says Wells Fargo’s Sameer SamanaVirtus’ Joe Terranova and Wells Fargo’s Sameer Samana, join 'Closing Bell' to discuss markets, treasury yields and energy and oil sector performance.

Persons: Wells, Sameer Samana, Joe Terranova Organizations: Email Energy

☆ Tech stocks could be in for a reckoning, this chart shows
▼ + stars: | 2024-10-28 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

Since then, the XLK is down 6% relative to the broad market index. "The level it peaked at almost exactly coincides with where the Tech ETF peaked on a relative basis in 2000. Not exactly what you want to see if you're an investor putting new money to work within Tech," he wrote. The SMH closed Friday at $252.96, and the strategist expects the $233 level to be tested near term. "We still exercise some degree of caution when we view Technology stocks, as short term trends and near-term momentum appear to be stalling," O'Hara wrote.

Persons: Wolfe, Rob Ginsberg, Ginsberg, Roth MKM, JC O'Hara, O'Hara, Wells Organizations: Wolfe Research, Tech ETF, VanEck Semiconductor, Nasdaq, Dow Jones, Microsoft, Apple Locations: Wells Fargo

☆ Wells Fargo names Spotify a top pick, sees more than 20% upside
▼ + stars: | 2024-10-28 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

Wells Fargo sees outperformance from Spotify ahead. These are all the components of a premium growth stock." "We think SPOT is viewed as a positive actor due to its investments in [user interface] and cont'd sub growth," the analyst said. "More likely, we think SPOT and its Label partners could look to find new avenues of monetization, which might incl. SPOT YTD mountain SPOT, year-to-date The stock moved nearly 1% after Cahall's call.

Persons: Wells, Steven Cahall Organizations: Spotify

☆ Watch CNBC’s full interview with Virtus’ Joe Terranova and Wells Fargo’s Sameer Samana
▼ + stars: | 2024-10-28 | 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 Virtus’ Joe Terranova and Wells Fargo’s Sameer SamanaVirtus’ Joe Terranova and Wells Fargo’s Sameer Samana, join 'Closing Bell' to discuss markets, treasury yields and energy and oil sector performance.

Persons: Virtus ’ Joe Terranova, Wells, Sameer Samana, Joe Terranova Organizations: Virtus ’

☆ No other sector has more on the line in this election than energy. How to play it
▼ + stars: | 2024-10-28 | by ( Spencer Kimball | ) www.cnbc.com time to read: +7 min

The Invesco Solar ETF (TAN) and the iShares Global Clean Energy ETF (ICLN) have tumbled more than 9% and 10%, respectively. While Trump's platform says he wants to unleash production from all sources, the document specifically calls out oil, gas and nuclear. How voters perceive the two candidates' energy policies could end up playing an influential role in the outcome of the election altogether. While the election will bring short-term volatility, the solar industry remains well positioned for long-term growth, according to Bank of America. About 25% of oil and 10% of natural gas production is on federal land and waters, according to the bank.

Persons: Donald Trump, Kamala Harris, Harris, fracking, Barack Obama, Trump, Steve Fleishman, Roger Read, Read, Biden, Morgan Stanley Organizations: Trump, Republican, Green New, Clean Energy, Bank of America, Keystone State, GOP, Republicans, Democratic, Wolfe Research, Wells, Wells Fargo Securities . Oil, Biden, CNBC, Exxon, Chevron Locations: Wisconsin , Michigan, Pennsylvania, China, Trump, Wells Fargo, U.S, New Mexico, Gulf of Mexico, Alaska, Iran, Tehran

☆ Target releases its cheapest-ever Thanksgiving meal deal
▼ + stars: | 2024-10-28 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

New York CNN —Target is lowering the price of its Thanksgiving meal bundle, adding to the roughly 8,000 products that have been discounted as it attempts to attract inflation-weary shoppers during the holiday season. Target is the latest major retailer to chop the price of its Thanksgiving meal bundle, joining Aldi and Walmart in a holiday price war. Sam’s Club last week announced a Member’s Mark Thanksgiving meal, which feeds up to 10 people for under $100, made up of the warehouse club’s private label products and is delivered already cooked. Food price inflation has moderated substantially during the past year, Consumer Price Index data shows. Gomez said Target customers are buying in bulk to save money, or purchasing smaller items that have cheaper prices compared to their full-sized counterpart.

Persons: Rick Gomez, Dr, Michael Swanson, Gomez, ”, “ Organizations: New, New York CNN, Target, CNN, Aldi, Walmart, Sam’s, of Labor Statistics, Food Institute Locations: New York, Wells

☆ Dodgers dominate Yankees to move within 1 win of World Series victory
▼ + stars: | 2024-10-28 | by ( Andy Mccullough | ) www.nytimes.com time to read: +8 min

“Four more wins!”After a 4-2 victory on Monday over the New York Yankees in Game 3 of the World Series, the Dodgers are on the doorstep of a championship, one far different than the title marred by COVID-19 restrictions in 2020. The first World Series game at Yankee Stadium since 2009 ended as the last two did in Chavez Ravine, with the Dodgers exultant and the Yankees lamenting missed chances. No team in World Series history has overcome a 3-0 deficit. “Hopefully we can go be this amazing story and shock the world,” Yankees manager Aaron Boone said. “If he is able to play, willing to play, he’s going to play,” Roberts said on Sunday afternoon.

Persons: Dave Roberts, hoarse, ” Roberts, Freddie Freeman, “ We’ve, ”, Freeman, Walker Buehler, Clark Schmidt, Freeman’s, Luis Gil, Aaron Judge, Aaron Boone, we’ve, Ohtani, “ Schmidt, Freeman pounced, Judge, “, Tommy Edman, Mookie Betts, Juan Soto, Edman, deke, Buehler, Giancarlo Stanton, Stanton lumbered, Betts, Jazz Chisholm, Anthony Volpe, Teoscar Hernández, Stanton, Hernández, Will Smith, ” Buehler, Boone, benching, Austin Wells, “ Righties, ” Boone, Tommy John, Roberts, “ There’s, Luke Hales Organizations: Dodger, National League, Los Angeles Dodgers, New York Yankees, Dodgers, Yankee, Yankees, ” Dodgers, Los Angeles bullpen, Buehler, ” Yankees, Boston Red Sox Locations: Los Angeles, Chavez, Bronx

☆ Wise's billionaire CEO fined £350,000 by UK regulators over failure to report tax issue
▼ + stars: | 2024-10-28 | by ( Ryan Browne | ) www.cnbc.com time to read: +4 min

In this article WISE-GB Follow your favorite stocks CREATE FREE ACCOUNTKristo Kaarmann, CEO and co-founder of Wise. Eoin Noonan | Sportsfile | Getty ImagesLONDON — Kristo Käärmann, the billionaire CEO of money transfer firm Wise , was slapped with a £350,000 ($454 million) fine by financial regulators in the U.K for failing to report an issue with his tax filings. "We continue to build a product and a company that will serve our customers and owners for the decades to come," Käärmann added. The chair of Wise, David Wells, said that the company's board of directors "continues to take Wise's regulatory obligations very seriously." In a note Monday, analysts at British investment bank Peel Hunt boosted their expectations for Wise's full-year profit before tax by 15%.

Persons: Kaarmann, Wise, Eoin Noonan, Sportsfile, Käärmann, Taavet Hinrikus, Forbes, Therese Chambers, David Wells, Peel Hunt, Gautam Pillai, Barun Singh Organizations: WISE, Getty, Financial, Authority, FCA, Customs, Peel Locations: Estonian

☆ Here are Monday's biggest analyst calls: Nvidia, Apple, Tesla, Spotify Walmart, Nio, Broadcom Roblox & more
▼ + stars: | 2024-10-28 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Morgan Stanley initiates FrontView REIT as overweight Morgan Stanley said the commercial real estate investment trust company is well positioned. " Morgan Stanley downgrades Global Foundries to equal weight from overweight Morgan Stanley said it sees rising competition for the semis company. " Morgan Stanley upgrades Nutanix to overweight from equal weight Morgan Stanley said the cloud computing software company is well positioned. " Morgan Stanley downgrades Ciena to equal weight from overweight Morgan Stanley said it sees a more balanced risk/reward for the networking and systems software company. Wedbush adds Roblox to the best ideas list The firm said it sees robust revenue growth ahead.

Persons: Cantor Fitzgerald, Morgan Stanley, FrontView, Baird, AAON, Canaccord, Tesla, Jefferies, NTNX, Wells, Raymond James downgrades, Wolfe, DOV, Morgan Stanley downgrades Ciena, Piper Sandler, Bowlero, Piper, Goldman Sachs, Goldman, it's bullish, Marcellus, Bernstein, SARO, Stifel downgrades, Oppenheimer, Monness Crespi Hardt, Coinbase, Stifel, it's Organizations: Nvidia, Broadcom, MU, JPMorgan, Apple, Dell, Cisco, Spotify, Honeywell, Walmart, " Bank of America, Antero Resources, Bank of America, Macquarie, China EV, Stifel downgrades Colgate, Palmolive, Colgate, Commerce, ~$ Locations: AVGO, 1H25, Dover, Appalachia, Utica, West Virginia

☆ Stocks making the biggest moves premarket: Exxon, Spotify, Boeing, McDonald's, TSMC and more
▼ + stars: | 2024-10-28 | by ( Pia Singh | In | ) www.cnbc.com time to read: +3 min

Spotify — The music platform rose more than 2% after Wells Fargo named Spotify a top stock pick . Analyst Steven Cahall is particularly bullish on the company's rising margins, strong product mix and evolving record label relationships. Boeing — Shares of the planemaker slipped roughly 2% after Boeing launched a stock offering that could raise roughly $19 billion. McDonald's shares dropped more than 7.5% last week, marking its worst weekly performance since 2020. ON Semiconductor — Shares gained more than 3% after the semiconductor product maker posted adjusted earnings per share of 99 cents and revenue of $1.76 billion for the third quarter.

Persons: Wells, Steven Cahall, Kamala Harris, Donald Trump, FactSet, Canaccord Genuity, Nio, CrowdStrike, Sarah Min, Alex Harring, Lisa Kailai Han, Sean Conlon, Michelle Fox Organizations: Spotify, Boeing —, Boeing, Occidental Petroleum, Exxon, BP —, Citi, Exxon Mobil, BP, Taiwan Semiconductor Manufacturing, Huawei, Reuters, The, Delta Air Lines Locations: U.S, China, The U.S, Macquarie

Earnings season is in full swing, and some names reporting this week are positioned for major moves. So far, 37% of those in the broad market index have reported this quarter, resulting in what has been a mixed reporting period. According to LSEG, earnings have come in 6.1% above expectations, while revenue is 1.5% higher, as of Monday. Last week, the stock advanced more than 1% on Wednesday due to JMP Securities upgrading it to market outperform from market perform. The financial services provider has jumped around 52% over the past three months and more than 41% over the past month.

Persons: Andrew Boone, Greenlight Capital's David Einhorn, Einhorn, Kamala Harris, Donald Trump Organizations: Dow Jones, Apple, CNBC Pro, Securities, Robin Hood Investors Conference, U.S, Technologies

☆ The biggest pressing market questions with two months to go in rewarding year
▼ + stars: | 2024-10-26 | by ( Michael Santoli | ) www.cnbc.com time to read: +10 min

And how should investors be thinking about future equity returns as the bull market enters its third year riding stellar multi-year performance and facing demanding valuations? So, expansionary policies that would quicken the economy's metabolism and produce more inflation was exactly what the market craved then – but now? Right now, the S & P 500 is up 42% from 18 months ago and fetches 22-times expected earnings. No reliable augurs of a coming bear market are in evidence: S & P up 10 of 11 months, making a new high in September, credit spreads resolutely narrow, all point to an upside bias over a span of months, at least. .SPX YTD mountain S & P 500, YTD Which leaves the question of just how much upside, if any, a bull should reasonably expect from here.

Persons: Warren Pies, Pat Tschosik, Ned Davis, Donald Trump, payrolls, Harris, Goldman Sachs, Goldman Organizations: Federal Reserve, Treasury, Fed, 3Fourteen Research, Trump, Ned, Ned Davis Research, Dow, Leuthold, quicken, Wall Locations: U.S, China, Wells

☆ Five Below, Walmart and the other retail stocks that are the most vulnerable to Trump's tariffs
▼ + stars: | 2024-10-26 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Analyst Ike Boruchow and the bank's consumer team found the tariffs proposed by the Republican nominee are likely a significant challenge for retailers. High tariffs would be the latest hit after what has already been a tough year, with shares of the value-focused retailer diving 59% in 2024. Target is an even larger retailer that Wells Fargo is concerned will suffer from high tariffs enacted in a second Trump term. After this monster run, the average analyst only foresees further upside of about 2.5% for Walmart over the next year, the LSEG survey says. Still, the majority of analysts are unwilling to abandon the nation's largest retailer and hold buy ratings on Arkansas-based Walmart.

Persons: Donald Trump, Ike Boruchow, Trump, Boruchow, Wells, SPX Organizations: White, Republican, Wall, Trump, Walmart Locations: Wells, China, Minneapolis, Arkansas

☆ We're trimming a bank stock on tear since earnings, booking nearly a 100% profit
▼ + stars: | 2024-10-25 | by ( Jeff Marks | ) www.cnbc.com time to read: +2 min

We're selling 100 shares of Wells Fargo at roughly $65 each. We're ringing the register on some Wells Fargo shares after a huge run since third-quarter earnings on Oct. 11. WFC YTD mountain Wells Fargo YTD Wells shares have been on a tear since the report, rallying from $57.75 to $65.50 — good for a gain of nearly 14%. 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's, YTD Wells, We're, Charlie Sharf, Jim Cramer, Jim Organizations: WFC, YTD, Fed, CNBC Locations: Wells Fargo, Wells

☆ What investors are watching Friday: Emerging markets and a top AI stock
▼ + stars: | 2024-10-25 | by ( Frank Holland | In Frank-Holland | ) www.cnbc.com time to read: +3 min

(This is a wrap-up of the key money moving discussions on CNBC's "Worldwide Exchange" exclusive for PRO subscribers. Worldwide Exchange airs at 5 a.m. A bullish take on emerging markets and insight into an artificial intelligence company were also discussed. CEO Alan Trefler appeared on "Worldwide Exchange" to discuss outlook for the future of his business. Eyeing emerging markets for opportunity Alan McKnight of Regions Bank is bullish emerging markets, citing the outperformance since the Fed rate cut in September but said China is a key factor.

Persons: Katrina Dudley, Franklin Templeton, Dudley, Wells, Alan Trefler, Alan McKnight, McKnight, it's Organizations: PRO, Worldwide, Federal Reserve, Verizon, Mobile, Citi, Regions Bank Locations: China, India, Brazil

☆ Los Angeles Dodgers’ Freddie Freeman launches himself into history with dramatic grand slam to win Game 1 of the World Series
▼ + stars: | 2024-10-25 | by ( Kevin Dotson | Ben Morse | ) edition.cnn.com time to read: +8 min

CNN —With one swing of the bat, Freddie Freeman ensured the most anticipated World Series in years would live up to the hype. It was the first walk-off grand slam in World Series history. We got three more.”New York Yankees pitcher Nestor Cortes walks off the field after giving up game-winning grand slam in Game 1 of World Series. Harry How/Getty Images The Los Angeles Dodgers' Freddie Freeman celebrates with teammates after his walk-off grand slam. These two storied franchises have met in the World Series an astounding 11 times, most recently in 1981.

Persons: Freddie Freeman, Freeman, – Kirk Gibson’s, Gibson, “, ” Freeman, Nestor Cortes, Maddie Meyer, couldn’t, Giancarlo Stanton quieted, Shohei Ohtani, Mookie Betts, Yankees Gleyber Torres, Torres, Aaron Judge, Jazz Chisholm, Chavez, Harry, Steph Chambers, Alex Verdugo, Chisholm, Mark J, Terrill, Brusdar Graterol, Giancarlo Stanton, Anthony Rizzo, Ashley Landis, Juan Soto, Enrique Hernández, Austin Wells, Will Smith, Jack Flaherty, Daniel Shirey, Fernando Valenzuela, Valenzuela, ”, Gina Ferazzi, Brad Paisley, Alex Slitz, Max, “ He’s, “ That’s, …, Fred Freeman’s, that’s, “ I’ve Organizations: CNN, Los Angeles Dodgers, Dodger, Dodgers, FOX, ” New York Yankees, Yankees, New York Yankees, Getty, AP Dodgers, Los Angeles Times Locations: ”, New York, Southern California, Los Angeles

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