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☆ Investors want to hear AMD's data center will bounce back, says Wedbush analyst Matt Bryson
▼ + stars: | 2023-05-02 | 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 EmailInvestors want to hear AMD's data center will bounce back, says Wedbush analyst Matt BrysonMatt Bryson, Wedbush, joins 'Closing Bell: Overtime' to discuss AMD after the company reported an earnings beat on the top and bottom lines.

☆ Earnings playbook: The second half of the season kicks off with Apple, Ford and a pharma giant
▼ + stars: | 2023-04-30 | by ( Fred Imbert | ) www.cnbc.com time to read: +9 min

What history shows: Data from Bespoke Investment Group shows Pfizer beats earnings expectations 87% of the time. Ford Motor is set to report earnings after the close, followed by a call at 5 p.m. What history shows: Ford earnings outperform earnings expectations 69% of the time, per Bespoke. AMD is set to report earnings after the close, with management scheduled to hold a conference call at 5 p.m. Friday Warner Bros Discovery is set to report earnings before the open, followed by a conference call at 8 a.m.

☆ Here’s our April rapid-fire update on the stocks in Cramer’s Charitable Trust
▼ + stars: | 2023-04-26 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +10 min

When AMD reports earnings next week, we'll be looking for signs that its integration of Xilinx has proven a success. Amazon (AMZN): Investors will be looking closely at profit margins and the growth rate at cloud unit Amazon Web Services when the company reports earnings after the closing bell Thursday. After a disappointing fourth-quarter print, we're hoping to see evidence that CEO Jim Farley has righted the ship. (See here for a full list of the stocks in Jim Cramer's Charitable Trust.) Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

☆ Want to invest in the A.I. boom? Veteran tech fund manager names 4 stocks to own
▼ + stars: | 2023-04-21 | by ( Ganesh Rao | ) www.cnbc.com time to read: +5 min

Artificial intelligence is no longer a futuristic fantasy but closer to a reality predicted to transform many industries. "It's still very early, but ChatGPT described as the iPhone moment for the artificial intelligence technology industry feels about right to us." The tech fund manager also told CNBC's Pro Talks that four large-cap stocks were driving some of the biggest and most tangible advancements in artificial intelligence. Microsoft Microsoft could be one of the top options for investors looking to invest in artificial intelligence, according to Rogoff, lead manager of Polar Capital Technology Trust plc. The tech fund manager pointed to the company's 90% market share in search, where it can deploy its own ChatGPT-like language model.

☆ Wall Street sees a semiconductor industry bottom coming. Here's how we're playing the stocks
▼ + stars: | 2023-04-12 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

NVDA AMD YTD mountain Nvidia vs. AMD year to date So, the question now is: Can the rally in semis continue? To help us read the tea leaves, here's a look at what Wall Street analysts are saying about the underlying fundamentals of the industry. Evercore said a "fundamental bottom" for the semiconductor industry currently playing out in March and April "has only strengthened" recently. Analysts there believe the inventory correction that's plagued the industry in recent quarters will be largely complete by the second quarter. Bottom line While there's some variation on timing, Wall Street clearly believes a bottom is in the process of playing out in the semiconductor industry.

☆ Club meeting recap: Buy, Buy, Buy — why Jim Cramer likes Disney, AMD and Caterpillar so much
▼ + stars: | 2023-03-30 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Buy Disney Buy Advanced Micro Devices Buy Caterpillar 1. Buy Disney Needham reflected in a research note Thursday that Apple (AAPL) and Walt Disney (DIS) could be worth more together than separately. While unlikely Apple would (or even be allowed by regulators) to buy Disney, Jim Cramer highlighted Needham's analysis, saying it shows Disney is "worth substantially more than people realize." Buy Caterpillar Jim sees a "tremendous opportunity" to buy Club holding Caterpillar (CAT) with the stock down about 6% year-to-date.

☆ Jim Cramer says these 7 currently undervalued 'franchise names' are stocks worth buying
▼ + stars: | 2023-03-30 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +6 min

"Franchise names, doing well, undervalued in the portfolio," Jim said during the Club's Morning Meeting on Thursday. TJX 1Y mountain TJX Companies' 12-month stock performance. CAT 1Y mountain Caterpillar's 12-month stock performance. SBUX 1Y mountain Starbucks' 12-month stock performance. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Want in on the AI boom? These 8 high-quality stocks are already ahead of the pack
▼ + stars: | 2023-03-30 | by ( Paulina Likos | ) www.cnbc.com time to read: +13 min

AI-powered technology companies Microsoft Microsoft arguably pushed AI into the mainstream with its unexpected release of its new AI-powered search engine Bing. During its annual conference for developers earlier this month, Nvidia demonstrated the fundamental importance of its role in facilitating the usage AI applications. Also unveiled were four new chips designed specifically for inferencing , which are optimized for various new generative AI applications. To facilitate these operations, AMD provides machine learning and deep learning systems which offer higher-performance computing capabilities to accelerate AI applications. Qualcomm Qualcomm (QCOM) is focused on making AI technology on-device processing more efficient across different industries and products.

☆ Dumb phones are on the rise in the U.S. as Gen Z looks to limit screen time
▼ + stars: | 2023-03-29 | by ( Liam Mays | ) www.cnbc.com time to read: +2 min

This includes what's known as "feature phones" — traditional flip or slide phones that have additional features like GPS or a hotspot. "I think you can see it with certain Gen Z populations — they're tired of the screens," said Jose Briones, dumb phone influencer and moderator of the subreddit, "r/dumbphones." At the same time, HMD's global feature phone sales were down, according to the company. "In North America, the market for dumb phones is pretty much flatlined," said Moorhead. Watch the video to get a look at the dumb phones that may have a promising future in the U.S.

☆ Walgreens revenue rises despite sharp decline in demand for Covid tests, vaccines
▼ + stars: | 2023-03-28 | by ( Bertha Coombs | ) www.cnbc.com time to read: +2 min

Under CEO Rosalind Brewer, now in her second year, Walgreens has focused on growing the company's health unit primary care and in-home services. During the quarter, Walgreens invested $3.5 billion toward VillageMD's acquisition of primary care provider Summit Health. Health care unit revenues topped $1.6 billion in the quarter, with primary care services growing 30% at VilliageMD, including Summit Health, while home care at CareCentrix was up 25%. "With the closing of VillageMD's acquisition of Summit Health, WBA is now one of the largest players in primary care," Brewer said in the company's earnings release. Walgreens reaffirmed its full year earnings guidance of $4.45 to $4.65 per share, projecting adjusted earnings growth of mid-20% over the next two quarters.

☆ Analysis: Credit Suisse collapse threatens Switzerland's wealth management crown
▼ + stars: | 2023-03-22 | by ( John Revill | ) www.reuters.com time to read: +6 min

[1/3] Logos of Swiss banks UBS and Credit Suisse are seen in Zurich, Switzerland March 20, 2023. Switzerland's credibility as a stable, predictable country had been upended by moves like the decision to wipe out the holdings of Credit Suisse bondholders, he said. Under the takeover deal, holders of Credit Suisse AT1 bonds will get nothing, while shareholders, who usually rank below bondholders in compensation terms, will receive $3.23 billion. "In that sense I also see a prosperous future for the financial centre because we have hundreds of very well capitalised banks and very successful wealth management and asset management banks." Reuters Graphics Reuters GraphicsReuters GraphicsOthers were more skeptical about the future, highlighting a reluctance to confront mistakes at Credit Suisse or take responsibility for the aftermath.

☆ The Club's bank holdings help bolster First Republic, while our semis are set to climb on AI
▼ + stars: | 2023-03-17 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +6 min

The news: Wells Fargo and Morgan Stanley are part of a group of 11 banks that agreed Thursday to jointly deposit $30 billion in First Republic Bank (FRC). Wells Fargo plans to deposit $5 billion at First Republic, along with Citigroup (C), JPMorgan Chase (JPM) and Bank of America (BAC). Morgan Stanley and Goldman Sachs (GS) contributed $2.5 billion each. The uninsured deposits, which will yield market rates, are required to stay at First Republic for at least 120 days. Wells Fargo slid over 3%, to roughly $38 per share, while Morgan Stanley declined 2.4%, to just under $85 per share.

☆ Activist hedge fund manager Dan Loeb takes a passive stake in AMD
▼ + stars: | 2023-03-02 | by ( ) www.cnbc.com time to read: +1 min

The hedge fund manager took the bet when AMD shares struggled, according to sources. AMD shares have underperformed the rest of the sector over the last 12 months, down more than 30% as the PHLX Semiconductor Index declined 14%. Third Point's Dan Loeb has taken a passive stake in chipmaker AMD , sources told CNBC's Scott Wapner. AMD recently reported fourth quarter earnings that exceeded Wall Street expectations, but guided for a 10% decline in year-over-year sales in the current quarter. The semiconductor sector has been grappling with lower consumer demand for finished electronics and gluts of parts needed to make PCs and servers.

Generative AI boost for Nvidia NVDA 1Y mountain Nvidia (NVDA) 1-year performance Nvidia (NVDA) was the Club's biggest winner in January, climbing 33.7%, and in February its 18.8% monthly gain is second to only Bausch Health (BHC). The stock's exceptional performance this year goes much deeper to company-specific factors — specifically, all the buzz around generative artificial intelligence (AI). "AI adoption is at an inflection point," Nvidia CEO Jensen Huang said on the chipmaker's earnings conference call last week. Bausch bounces, but questions remain BHC 1Y mountain Bausch Health (BHC) 1-year performance Bausch Health (BHC) has had an incredible start to the year, climbing roughly 21% in both January and February. Efficiency commitment lifts Meta META 1Y mountain Meta Platform (META) 1-year performance Meta Platforms (META) has really turned it around, gaining roughly 24% in January and over 17% in February.

☆ Now is the time to buy Nomad Foods, Goldman says, highlighting near-term catalysts
▼ + stars: | 2023-02-27 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

Nomad's management recently delivered a below-consensus earnings outlook — which, according to Goldman Sachs, paradoxically, also presents a promising investment opportunity. Analyst Jason English upgraded Nomad shares to buy from neutral, saying the frozen food parent of Birds Eye (in Europe) and Findus, is currently at a favorable investment point. "With potential upward revisions on horizon, we see NOMD's near-trough valuation levels, both in context of its history and relative to broader Food peers as an attractive investment opportunity with favorable risk-reward ahead," English continued. Furthermore, Goldman believes that Nomad's current valuation is attractive relative to its historic levels, and its peers. English maintained his price target of $21, which implies 21% upside from Friday's closing price.

☆ Morgan Stanley says these stocks will benefit from an A.I. boom
▼ + stars: | 2023-02-15 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

The current buzz surrounding artificial intelligence is here to stay, creating plenty of trading opportunities as the technology grows, according to Morgan Stanley analyst Shawn Kim. However, the hype around generative AI may be justified and the technology feels genuinely exciting," Kim said in a note on Tuesday. Morgan Stanley anticipates that increased demand for computer power needed for AI training will lead to rapidly growing markets for graphics and central processing units. In the generative AI world, "the raw material is data; the user of that material is hyperscale data centers; the enabling workhorse is semiconductors," wrote Kim. GDS "has more balanced exposure to all internet companies," Kim said, adding that its "valuation is more reasonable."

☆ AMD wins nearly a third of processor market, Arm's climb slows, analyst report
▼ + stars: | 2023-02-09 | by ( Stephen Nellis | ) www.reuters.com time to read: +2 min

Feb 9 (Reuters) - Advanced Micro Devices Inc (AMD.O) has captured nearly a third of the market for central processor units while British chip technology firm Arm Ltd's rise in the PC market slowed in the fourth quarter of 2022, according to an analyst report. In the fourth quarter, Intel had 68.7% market share for x86 processors versus AMD's 31.3%, which was up from 28.5% a year earlier, according to Mercury Research. But the PC sales slump has also affected Apple Inc's (AAPL.O) Mac computer lineup, which is the leading source of sales for Arm-based PC chips. Mercury said Arm PC chips, led by Apple's in-house chips but also joined by Qualcomm Inc's (QCOM.O) recent PC chips for Windows machines, now have 13.3% share of the market PC chips, down from 14.6% a quarter earlier but still up from 10.3% share a year ago. Reporting by Stephen Nellis in San Francisco; editing by Diane CraftOur Standards: The Thomson Reuters Trust Principles.

☆ The arms race for doctors is on. CVS is hoping a $10.6 billion deal will help it compete with Amazon and UnitedHealthcare.
▼ + stars: | 2023-02-08 | by ( ) www.businessinsider.com time to read: +5 min

CVS Health just said it wants to buy primary-care company Oak Street Health for $10.6 billion. CVS Health is finally entering the arms race among health insurers and big retailers to employ doctors. Oak Street gets most of its revenue from relationships with CVS-owned Aetna rivals Humana, Centene, and UnitedHealthcare. And though Aetna is a big Medicare Advantage player, it also has millions of members who get insurance through their employers. Mike Pykosz, Oak Street Health CEO Oak Street HealthGuertin also noted that the improved health outcomes and better experience provided in Oak Street clinics would help Aetna hold onto its Medicare Advantage patients.

☆ Jim Cramer's Investing Club meeting Wednesday: Fed meeting, AMD, Meta
▼ + stars: | 2023-02-01 | by ( Krystal Hur | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Don't trade on Fed meeting Stick with AMD Watch Meta earnings 1. 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.

☆ AMD shares jump as earnings defy collapse seen at Intel
▼ + stars: | 2023-02-01 | by ( Aditya Soni | ) www.reuters.com time to read: +2 min

Feb 1 (Reuters) - Shares of Advanced Micro Devices Inc (AMD.O) rose nearly 7% on Wednesday after the U.S. chipmaker's upbeat earnings showed that it was making up for a personal-computer slump with gains in the lucrative data center market. The data center market has slowed in recent months due to lower spending from recession-wary businesses, but AMD's faster and smaller chips have allowed it to gain ground on Intel. "AMD can continue to beat Intel in the data center space due to its leading design," said Lucas Keh, semiconductors analyst at Third Bridge. J.P. Morgan pegged AMD's share gain in the server market this year at 5 to 7 percentage points to between 28% and 30%. "First quarter should be the bottom for us in PCs and then grow from there into the second quarter and then into the second half," Su said.

☆ Most analysts are sticking with AMD even after 'partly cloudy' fourth-quarter earnings
▼ + stars: | 2023-02-01 | by ( Hakyung Kim | ) www.cnbc.com time to read: +4 min

AMD shares popped about 3%. On Wall Street, several analysts reiterated AMD shares as a buy despite the continued overhangs in the chipmaking industry, and project upside for the stock. Goldman Sachs also maintained a buy rating on AMD, saying that despite broader market challenges, the company is on track towards a positive market share trajectory. 'Partly cloudy' results Deutsche Bank analyst Ross Seymore reiterated a hold rating on the stock, citing its "partially cloudy" fourth-quarter results. AMD shares have benefited from January's market and tech shares rally, jumping 16.03% since the start of 2023.

☆ Semiconductor firm AMD is now big enough to experience a 'cloud digestion cycle,' says analyst
▼ + stars: | 2023-02-01 | 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 EmailSemiconductor firm AMD is now big enough to experience a 'cloud digestion cycle,' says analystStacy Rasgon of Bernstein Research discusses why AMD's data center business has been able to continue growing sequentially over the last few quarters.

☆ Jim Cramer on how AMD was able to work through its chip inventory glut
▼ + stars: | 2023-02-01 | 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 EmailJim Cramer on how AMD was able to work through its chip inventory glutCramer offered his thoughts on what AMD's most recent quarterly results reveal about the inventory cycle more broadly.

☆ Chip stocks rally on optimistic AMD earnings and Fed's signal that inflation is easing
▼ + stars: | 2023-02-01 | by ( Kif Leswing | ) www.cnbc.com time to read: +1 min

Semiconductor stocks rose on Wednesday on the back of AMD's strong earnings report and following the Federal Reserve's decision to increase the federal funds rate by 0.25 percentage point. Although the Fed said it expects ongoing rate increases, it also said that inflation has eased somewhat, causing a rally in riskier stocks such as chipmakers. The VanEck Semiconductor ETF , which tracks a basket of chip stocks, was up 4.7% on Wednesday. On Tuesday, AMD reported December quarter earnings that beat expectations. Still, AMD's report had a much rosier outlook on the overall semiconductor market than Intel's earnings report in January, which suggested collapsing demand for its products.

☆ We are reassured by AMD CEO's confidence in the chipmaker's data-center business
▼ + stars: | 2023-02-01 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +4 min

In general, investors are relieved that AMD still expects data-center growth in 2023 despite mounting economic pressures. AMD's data-center outlook isn't perfect. For the first quarter, in particular, AMD expects data-center sales to be lower than the $1.7 billion it recorded in the fourth quarter of 2022. The unpleasant PC experience caused AMD's warning about data-center inventory hurdles to raise the Club's eyebrows. AMD expects that continue to again in 2023.

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