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☆ Pioneer, Deere and more: CNBC's 'Halftime Report' traders answer your questions
▼ + stars: | 2023-05-18 | by ( Joshua Natoli | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPioneer, Deere and more: CNBC's 'Halftime Report' traders answer your questionsCNBC's Halftime traders Jenny Harrington of Gilman Hill Asset Management and Jim Lebenthal of Cerity Partners answer investment-related questions from CNBC Pro subscribers. Look out for an email where you can submit your questions directly to the Halftime team.

☆ Three stocks making moves post-earnings: AMAT, DE, and FL
▼ + stars: | 2023-05-18 | 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 EmailThree stocks making moves post-earnings: AMAT, DE, and FLBoris Schlossberg, managing director of FX strategy at BK Asset Management, joins 'The Exchange' to discuss stocks making moves after earnings, with a focus on Applied Materials, Deere, and Foot Locker.

☆ Pioneer Natural Resources and more: CNBC's 'Halftime Report' traders answer your questions
▼ + stars: | 2023-05-18 | by ( Joshua Natoli | ) www.cnbc.com time to read: 1 min

On Thursday's "Ask Halftime," our traders answered questions from CNBC Pro subscribers about stocks, bonds and exchange-traded funds during this period of heightened market volatility, including whether to buy, sell or hold individual names. Jenny Harrington of Gilman Hill Asset Management shared why she does not see much more upside in the share price for Pioneer Natural Resources. Cerity Partners' Jim Lebenthal discussed Deere . He said the stock is one to own long term and is a compelling buy right now.

☆ Tractor maker Deere's future in precision agriculture hinges on space-based connectivity
▼ + stars: | 2023-05-18 | by ( Morgan Brennan | ) www.cnbc.com time to read: +5 min

But the farm equipment maker has been planting the seeds for an increasingly high-tech and autonomous future – one that critically hinges on space. But connectivity is the linchpin of this vision, and space fills a void left by fiber and traditional cellular signals. "We think satellite communications is a really intriguing, interesting technology to pursue to sort of solve that communications gap." Last fall the company put out a request for proposal to the satellite communications industry to partner on space-based connectivity services. "We had this opportunity to bring two industries together — satellite space communications and agriculture — and say, 'What kind of value could we create?'"

☆ Stock futures rise slightly on Thursday evening: Live updates
▼ + stars: | 2023-05-18 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Stock futures moved higher in overnight trading Thursday as Wall Street continued monitoring the situation surrounding the debt ceiling. Futures connected to the Dow Jones Industrial Average added 40 points, or 0.1%, while S&P 500 and Nasdaq-100 futures gained 0.2% and 0.3%, respectively. Shares of Ross Stores oscillated in overnight trading after the off-price retailer beat on earnings but shared a cautious outlook. Stocks are coming off a positive session in which the S&P 500 and Nasdaq Composite jumped 0.94% and 1.51%, respectively, to hit their highest closing levels since August. Thursday's moves boosted the major averages' weekly gains, with the Nasdaq up 3.3% and the S&P 500 on pace to end 1.8% higher.

☆ Here are Tuesday's biggest analyst calls: Netflix, Carvana, Walmart, Western Alliance, Deere & more
▼ + stars: | 2023-05-16 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Tuesday's biggest calls on Wall Street: JPMorgan reiterates Netflix as overweight JPMorgan said paid password sharing should be a financial tailwind for Netflix. Mizuho reiterates SoFi as buy Mizuho said it's standing by shares of SoFi. Citi reiterates Deere as buy Citi said it's standing by its buy rating on shares of Deere. Citi upgrades Williams Companies to buy from neutral Citi said the petroleum stock is oversold. Citi reiterates FedEx as buy Citi said it's standing by its buy rating FedEx shares.

☆ Debt ceiling crisis hangs over markets, with investors hoping to avoid a repeat of 2011
▼ + stars: | 2023-05-13 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +8 min

Republicans, led by House Speaker Kevin McCarthy, want to attach spending cuts to any agreement to raise the debt ceiling. Biden and the Democrats say they are willing to talk about spending cuts but only outside the debt ceiling discussions. Raising the debt ceiling would allow the government to pay for spending that has already occurred. That year, the debt ceiling was raised at the last minute but not before a summer of bickering sent the S & P 500 down 17% from late July to mid-August. The market this past week stumbled with the debt ceiling deadline looming and over concern about regional bank failures.

☆ Options Action: Deere outperformed most Big Tech names since bouncing off COVID low, says Mike Khouw
▼ + stars: | 2023-05-12 | 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 EmailOptions Action: Deere outperformed most Big Tech names since bouncing off COVID low, says Mike KhouwMike Khouw, Optimize Advisors president, joins the Options Action traders to discuss Deere's recent performance compared to the broader market.

☆ Good news for markets next week. Everyone agrees the debt ceiling 'X-date' is not here yet
▼ + stars: | 2023-05-12 | by ( Scott Schnipper | ) www.cnbc.com time to read: +6 min

Good news for markets next week: no default, no credit agency downgrade, no apocalypse. Worrying 2011 precedent Recent history tells investors that stocks will move more violently during a debt ceiling standoff. Retail sales update Debt negotiations aside, investors get updates next week on the state of American consumer spending when April retail sales are reported Tuesday alongside earnings from Home Depot. Deutsche Bank estimates that April retail sales expanded month over month by 0.7%, the market consensus. Credit Suisse is less optimistic, forecasting that April retail sales grew by 0.6%, but, excluding vehicles, were unchanged.

☆ 49. Monarch Tractor
▼ + stars: | 2023-05-09 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: +2 min

That's why Monarch believes its zero-emission MK-V tractor, which came off production lines this past December, can make a difference in climate change. As the producer of the world's first-ever fully electric, driver-optional smart tractor, Monarch Tractor's goal is to bring sustainability to farming's workhorse. In April, Chinese contract manufacturing giant Foxconn began MK-V tractor production at its Lordstown, Ohio, plant, which Foxconn bought from troubled EV maker Lordstown Motors last year. With growing government and societal incentives to make the shift toward greener farming, Monarch Tractor is confident in its abilities to transform the agriculture industry as we know it. Farm machinery giant Deere , which has a 60% market share in the U.S., has made several acquisitions in the autonomous tractor and machine learning space.

☆ Deere Seeks Satellite Network to Connect Far-Flung Farms
▼ + stars: | 2023-05-01 | by ( Bob Tita | ) www.wsj.com time to read: 1 min

Deere’s technology was on display at CES in Las Vegas earlier this year. Photo: Patrick T. Fallon/Agence France-Presse/Getty ImagesTo raise more crops from the earth, tractor maker Deere & Co. is looking to space. The farm-equipment company wants to use satellites to connect farms in remote areas of Brazil and the U.S. as the company rolls out high-tech machinery and software designed to sow and harvest crops more quickly, and with less manpower.

Jason Connolly/Pool via REUTERS/File PhotoApril 25 (Reuters) - Colorado's governor signed the nation's first right to repair legislation into law on Tuesday, giving the state's farmers and ranchers the autonomy to fix their own equipment. With a Case IH red tractor displayed outside the state Capitol in Denver, Governor Jared Polis, a Democrat, signed The Consumer Right to Repair Agriculture Equipment Act. "This is a common-sense bipartisan bill to help people avoid unnecessary delays from equipment repairs." Right to repair legislation is gaining momentum across the country as lawmakers in 16 states have introduced bills, according to a report by the Public Interest Research Group, an advocacy organization. "Creating more fair market access through right to repair is one of the items that we hope will be included," he said.

☆ Here are Friday's biggest analyst calls: Amazon, VF Corp, Deere, Netflix, Rivian, Nvidia & more
▼ + stars: | 2023-04-14 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Friday's biggest calls on Wall Street: Bank of America reiterates Amazon as buy Bank of America said it's standing by its buy rating on the stock. "Our Buy rating is based on: 1) positive feedback from our proprietary Sleep survey that points to healthy underlying US volumes, 2) lingering pent-up demand due to US staffing shortages." William Blair reiterates Charles Schwab as outperform William Blair said it's standing by its outperform rating on the stock heading into earnings next week. Barclays reiterates Disney as equal weight Barclays said it sees slowing streaming growth heading into Disney earnings in early May. " Stifel reiterates Microsoft as buy Stifel said it's standing by its buy rating on Microsoft heading into earnings later this month.

☆ Colorado passes first US right to repair legislation for farmers
▼ + stars: | 2023-04-12 | by ( Bianca Flowers | Thomson Reuters | Bianca Flowers Is An Award-Winning Multimedia Journalist Based In Chicago Where She Reports On The Backbone Of The U.S. Labor Market. She Covers Agriculture | ) www.reuters.com time to read: +2 min

The Consumer Right to Repair Agriculture Equipment Act passed 46-14 in Colorado's Senate late on Tuesday, after winning approval in the state House of Representatives in February. The bill garnered bipartisan support as farmers grew increasingly frustrated with costly repairs and inflated input prices denting their profits. Colorado's legislation would mandate farm machinery manufacturers like Deere and rival CNH Industrial (CNHI.MI) to provide farmers with diagnostic tools, software documents, and repair manuals starting Jan 1. State lawmakers are pushing right to repair legislation even though Deere and CNH signed a memorandum of understanding with the American Farm Bureau Federation to allow farmers to fix their equipment, or go to a third-party repair shop. The agreement does not give farmers total access for repairs, said Kevin O'Reilly, director for the campaign of right to repair at the U.S. Public Interest Research Group.

☆ Goldman's top trades heading into earnings season
▼ + stars: | 2023-04-12 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

First-quarter earnings season kicks off this week and Goldman Sachs analysts see upward earnings revisions driving several stocks higher. Last quarter, single stock volatility on earnings events were near a decade high, Marshall said. His team expects moves on companies' earnings days to remain elevated "even as non-earnings day moves decline with macro volatility." Its analysts are projecting 7% earnings growth for the first quarter and 5% over the next four quarters. The chipmaker's earnings are projected to fall 7% in the most recent quarter, Goldman said.

☆ John Deere CTO: Concerns of a recession not stopping the company from spending more on technology
▼ + stars: | 2023-04-04 | 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 EmailJohn Deere CTO: Concerns of a recession not stopping the company from spending more on technologyCNBC's Seema Mody joins 'The Exchange' to discuss Deere's growing investment in autonomous vehicles and more.

☆ Buy gold, sell this industrial stock: How these traders are preparing for a slowing economy
▼ + stars: | 2023-04-04 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

Ritholtz Wealth Management CEO Josh Brown said that he bought gold mining stock Newmont to play the surge in gold prices as investors turned to bullion in the wake of the recent banking crisis. Brown called Newmont the "highest quality name" trading on the New York Stock Exchange. "You just get these moments where people lose confidence in fiat, in the banking system, et cetera, and for whatever reason, religion or otherwise, they reach for gold," Brown said Tuesday on CNBC's " Halftime Report ." NEM YTD mountain Newmont shares YTD Gold futures popped over the $2,000 threshold on Tuesday. DE YTD mountain Deere share YTD "There needs to be more planting regardless of what goes on in the economy, recession or not," Lebenthal said.

☆ Stocks making the biggest moves midday: General Motors, AMC, Virgin Orbit, Kinross Gold and more
▼ + stars: | 2023-04-04 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

Virgin Orbit — Shares tanked more than 22% after the California-based satellite launch company filed for Chapter 11 bankruptcy protection. Virgin Orbit said it is looking to sell its assets and will lay off nearly all of its workforce. AMC's "APE" preferred shares gained 8.5% following the news. Etsy – Etsy shares gained 2.4% after Piper Sandler upgraded the e-commerce stock to overweight from neutral, saying that its marketplace strengths should help revamp active buyer growth. Gold miners — Shares of mining companies rallied as gold futures popped on Tuesday.

☆ Italy became the first Western country to ban ChatGPT. Here's what other countries are doing
▼ + stars: | 2023-04-04 | by ( Ryan Browne | ) www.cnbc.com time to read: +8 min

Stefani Reynolds | AFP | Getty ImagesItaly has become the first country in the West to ban ChatGPT, the popular artificial intelligence chatbot from U.S. startup OpenAI. watch nowVarious regulators are concerned by the challenges AI poses for job security, data privacy, and equality. "It's more, if you're using AI, these are the principles you should be thinking about," Holmes told CNBC. Ireland is typically the most active regulator when it comes to data privacy since most U.S. tech giants like Meta and Google have their offices there. The U.S. hasn't yet proposed any formal rules to bring oversight to AI technology.

☆ These stocks are the biggest winners when oil prices surge
▼ + stars: | 2023-04-03 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Oil prices are on a tear to start the new quarter, and if history is any guide, some stocks are better positioned to benefit from rising prices. The recent surge comes after oil prices tumbled last month to their lowest since December 2021 as Silicon Valley Bank's collapse rattled traders and spurred fears that a banking crisis could dent global economic growth. With oil prices at highs, CNBC Pro screened for the S & P 500 that consistently win during these times. Here are the names that made the list: Given their close correlation to oil prices, it's no surprise that energy stocks topped the list. While energy stocks, on average, benefit most when oil prices rise, other sectors also prosper.

☆ Here are Wednesday's biggest analyst calls: Micron, Meta, McDonald's, Tesla, Apple, Amazon & more
▼ + stars: | 2023-03-29 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Goldman Sachs upgrades Hartford to buy from neutral Goldman the insurance company could "surprise to the upside." Goldman Sachs upgrades Marathon Petroleum to buy from neutral Goldman said the petroleum company has a "best-in-class capital returns story." Bernstein reiterates Apple as market perform Bernstein said it's standing by its market perform rating after Apple debuted Apple Pay Later on Tuesday. Guggenheim reiterates McDonald's as buy Guggenheim says it sees "substantial" near-term and long-term upside for McDonald's. Goldman Sachs reiterates Regions Financial and Fifth Third as buy Goldman said in a note Wednesday that several regional banks are key beneficiaries of the larger bank fallout.

"You're going to see a lot more aggressive UAW," Fain told reporters late Monday after a day-long meeting with local union officials. Those contracts could be models for the UAW's goals in talks with the Detroit automakers beginning this summer, analysts said. The Detroit automakers have reported robust profits during the past four years from their North American operations, mainly thanks to the pickup trucks and SUVs that UAW members assemble. Securing UAW jobs as the Detroit automakers shift toward electric vehicles is a "top priority," Fain said. The UAW and Detroit automakers will begin bargaining toward new contracts this summer.

☆ Despite mass layoffs led by Meta, it's still hard to hire the right tech talent
▼ + stars: | 2023-03-18 | by ( Kevin Travers | ) www.cnbc.com time to read: +6 min

Even so, it's harder to find and retain tech talent, according to a survey of 1,000 human resources professionals by General Assembly, a professional placement and talent recruitment firm. "I think it's better for tech talent because they are not confined to looking for a job at a 'tech company,'" she said. Create a vision, not just a jobParticularly when it comes to specialized talent, companies have to be intentional. It's about listeningColangelo said success in hiring tech talent comes down to listening well. As for the overall tech talent market, Colangelo said the supply and demand equation may be coming back into better balance.

"Tesla needs to open up its ecosystem and allow competition for the servicing of Tesla [vehicles] and sales of parts," said plaintiffs lawyer Matthew Ruan of Freed Kanner London & Millen, who filed one of the proposed class actions. The proposed class in both cases would include anyone who has paid Tesla for repairs or parts since March 2019. Ruan said the potential class includes hundreds of thousands of Tesla owners and lessees, so damages could total hundreds of millions of dollars. Tesla joins other major vehicle makers facing "right to repair" antitrust litigation over alleged exclusionary conduct. Read more:Harley-Davidson hit with class actions over 'right to repair' restrictionsU.S. FTC settles with Weber grills over 'right to repair'FTC votes to make 'right to repair' a priority, drops 1995 merger policyReporting by Mike ScarcellaOur Standards: The Thomson Reuters Trust Principles.

☆ Caterpillar union workers vote in favor of six-year labor agreement
▼ + stars: | 2023-03-13 | by ( ) www.reuters.com time to read: +2 min

March 12 (Reuters) - The United Auto Workers (UAW) union said members at four local chapters working at Caterpillar (CAT.N) have voted in favor of a new six-year labor contract with the firm, preventing a strike at the world's largest construction and mining equipment-maker. The contract covers roughly 7,000 union workers at plants in central Illinois and a parts distribution center in York, Pennsylvania. It wasn't immediately clear how many members voted to ratify the contract. Rank and file union workers at the company have expressed anger and frustration over the deal, saying that wage increases weren't commensurate in the face of rising inflation. The UAW's contract ratification with Caterpillar comes just six months ahead of the deadline for the union and the three Detroit automakers concluding new master contracts covering roughly 143,000 workers.

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