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☆ Retail traders have been selling into the rally, but they are buying two tech names
▼ + stars: | 2022-11-17 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Retail traders have dumped select big-name tech stocks in the past week, making it the biggest selling week since March 2020, according to JPMorgan. The sell-off followed last month's dismal earnings week for Big Tech as companies floundered due to slides in advertising revenue. On a net basis, retail investors sold $657 million in Amazon shares and $612 million in Apple, JPMorgan found. On a net basis, retail investors sold $408 million of the chipmaker's shares in the past week, according to JPMorgan. Meanwhile, retail investors were net buyers of Alibaba , snapping up $92 million in shares in the past week.

The chip is called the Zynq UltraScale+ MPSoC and was developed by Xilinx, which was acquired by AMD this year. This will allow automakers to update not only software, but also the chip, after the car is sold, Rehan Tahir, AMD’s senior product marketing manager for automotive told Reuters. Tahir said the Aisin auto parking system will start production on 2024 models, but declined to say which car brands would use it. Tahir said the Aisin system works with four cameras and 12 ultrasonic sensors on the car to parallel park and also back into parking spaces. But the human in the car will have to decide if that spot is in a no-parking zone, he said.

☆ What Cramer is watching Monday — two AMD upgrades, Microsoft hesitancy, Alzheimer's results
▼ + stars: | 2022-11-14 | by ( Jim Cramer | ) www.cnbc.com time to read: +5 min

Baird upgrades Advance Micro Devices (AMD) to outperform from neutral (buy from hold) and raises price target to $100 per share from $65. UBS goes to a buy from neutral as well and raises price target to $95 from $75. Oppenheimer cuts price target on Club holding Nvidia (NVDA) to $225 per share from $250. Credit Suisse analyst Scott Deuschle assumes coverage on Honeywell (HON) with a neutral rating and a $202-per-share price target. Good for Club holding Eli Lily (LLY) and Biogen (BIIB), which are each working on separate experiment treatments for the disease.

☆ Here are Monday's biggest analyst calls: Apple, Tesla, Amazon, Coinbase, AMD, Boeing & more
▼ + stars: | 2022-11-14 | by ( Michael Bloom | ) www.cnbc.com time to read: +4 min

Bank of America reiterates Tesla as equal weight Bank of America cut its price target on Tesla to $275 per share from $325 and said it sees sales volume headwinds. Read more about this call here Citi downgrades Bank of America to neutral from buy Citi said the risk/reward outlook for Bank of America is skewed to the downside. Baird upgrades Advanced Micro Devices to outperform from neutral Baird said demand for the semiconductor company's products remains strong. " JPMorgan downgrades Teva to underweight from neutral JPMorgan said that it's concerned about slowing growth. " Bank of America removes Amazon from the US1 list Bank of America removed Amazon from the firm's top picks list.

☆ AMD catches two upgrades on Wall Street that may signal a bottom in the chip industry's slump
▼ + stars: | 2022-11-14 | by ( Zev Fima | ) www.cnbc.com time to read: +6 min

Advanced Micro Devices (AMD) is getting some love Monday in the form of upgrades from UBS and Baird, bolstering our recent decision to halt trimming any more of the chip designer's shares. However, AMD, like many of its peers, has been decimated on Wall Street, losing 48% in 2022. In fact, UBS analysts suggest it may even be possible that shipments fell to near zero in September. As a result, they expect the new chip, which marks a significant improvement in performance to accelerate AMD's market share gains. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Baird upgrades AMD, says a new product can drive the chip stock nearly 40% higher
▼ + stars: | 2022-11-14 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

A new product from Advanced Micro Devices is inspiring optimism from Baird. Analyst Tristan Gerra upgraded the microchip maker's stock to outperform and raised his price target to $100 per share from $65. The new target implies upside of 38.2% from Friday's close. Interest in AMD is growing as a result of Genoa's performance, said Gerra. Arcuri set a price target of $95, which is slightly lower than Gerra's but still shows upside of 31.2%.

☆ Stocks making the biggest moves in the premarket: Hasbro, Oatly, Advanced Micro Devices and more
▼ + stars: | 2022-11-14 | by ( Peter Schacknow | ) www.cnbc.com time to read: +2 min

Advanced Micro Devices (AMD) – The chip maker's stock rose 3.2% in the premarket after receiving upgrades at both Baird and UBS. Amazon.com (AMZN) – Amazon fell 1.7% in premarket trading after Bank of America removed the stock from its "US 1" list, although it maintained a "buy" rating. Teva Pharmaceutical (TEVA) – Teva was downgraded to "underweight" from "neutral" at J.P. Morgan Securities, which cited continuing growth challenges for the drugmaker. Teva fell 2.3% in premarket action. Lilly added 1.5% in premarket trading, while Biogen rallied 5.8%.

☆ 3 takeaways from our daily meeting: Bullish on JNJ, AMD upgrades, Disney cost cuts
▼ + stars: | 2022-11-14 | 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. Bullish on JNJ Upgrades for AMD Cost cuts at Disney 1. Cost cuts at Disney Club holding Walt Disney Co. (DIS) plans to implement a hiring freeze and trim its headcount , according to an internal memo CEO Bob Chapek sent to division heads Friday. 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.

☆ A top Cigna exec shares 3 key reasons the health insurer just bet $2.7 billion on Walgreens-backed primary-care upstart VillageMD
▼ + stars: | 2022-11-11 | by ( ) www.businessinsider.com time to read: +3 min

Cigna is putting $2.7 billion behind primary-care company VillageMD's merger with Summit Health-CityMD. The deal would give it a stake in VillageMD, an annual dividend, and a push toward value-based care. VillageMD said this week that it plans to merge with fellow primary-care provider Summit Health-CityMD in an $8.9 billion deal funded in part by the healthcare giant Cigna. VillageMD CEO Tim Barry Courtesy VillageMD3 reasons why Cigna's investing $2.7 billion in VillageMDEvanko said the investment provides financial and strategic benefits for Cigna. Evernorth could take what it learns from partnering with VillageMD and extend those capabilities to other healthcare providers it works with, he said.

[1/2] Handout image shows 4th Gen AMD EPYC processor, launched by AMD on November 10, 2022, in this undated handout image. AMD/Handout via REUTERSNov 10 (Reuters) - Advanced Micro Devices Inc (AMD.O) launched its latest data center chip on Thursday and said Microsoft Corp's (MSFT.O) Azure, Alphabet-owned (GOOGL.O) Google Cloud and Oracle Corp would be some of its customers. "What that means for enterprises and for cloud data centers is that it translates into lower capex, lower opex and lower total cost of ownership," she said. Genoa launches at a time when rival Intel Corp's (INTC.O) latest data center chip, code named Sapphire Rapids, has struggled with delays. "IDC expects AMD will stay on track, continue building up market share in public cloud deployments," said Ashish Nadkarni, datacenter and cloud analyst at IDC.

☆ Stocks making the biggest moves midday: Carvana, Meta, Palantir, Viatris, Walgreens and more
▼ + stars: | 2022-11-07 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

Check out the companies making the biggest moves midday:Carvana — Carvana shares shed more than 15%, with trading briefly halted at one point due to volatility. Walgreens raised its fiscal year 2025 sales goal for its U.S. health-care business to $14.5 billion to $16.0 billion, from $11.0 billion to $12.0 billion to account for the deal. Viatris — The global health-care company rallied 16% after it announced it intends to create an ophthalmology franchise by acquiring Oyster Point Pharma and Famy Life Sciences. The toymaker's shares shed nearly 60% last Friday after it delivered disappointing quarterly results and issued a weak forward guidance that included a fourth-quarter loss. DoorDash — Shares of the food delivery company rallied 2.5% after being upgraded by Oppenheimer to outperform from perform.

☆ AMD's big bet to further move beyond chips for PCs has 'gone very well,' CEO says
▼ + stars: | 2022-11-02 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +5 min

This is in addition to AMD's multiyear push around data center, a central reason we like the company's long-term prospects despite our more cautious view on chips stocks at present . Its more recent areas of focus — data center and embedded — are holding up for now while there's weakness in parts of the company's consumer-focused end markets. In the second quarter, data center revenue was $1.5 billion, up 83% compared with 2021. As mentioned, AMD expected data center revenue in its current fourth quarter to exceed the $1.6 billion it generated in the three months ended Sept. 24. Intel's next-gen data center chip, called Sapphire Rapids, has faced delays and is now set to launch next year.

☆ Here are Wednesday's biggest analyst calls: Tesla, Netflix, Carvana, Exxon, Meta, Apple & more
▼ + stars: | 2022-11-02 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Bernstein reiterates Tesla as underperform Bernstein said shares of Tesla remain extremely overvalued. Needham reiterates Netflix as hold Needham said the streaming giant could see "negative revenue growth near-term" due to its new ad-based product. Bank of America downgrades Twilio to underperform from buy Bank of America double downgraded the communications tools company due to rising competition. Bank of America reiterates Peloton as buy Bank of America said it's standing by shares of Peloton heading into earnings on Thursday. Bank of America reiterates Carvana as buy Bank of America said in a note on Wednesday that it's standing by shares of Carvana.

☆ AMD shares rise as chipmaker sees data center strength cushioning PC slowdown
▼ + stars: | 2022-11-02 | by ( ) www.reuters.com time to read: +2 min

"We expect AMD's share gains to continue, as the company's upcoming, next-generation server CPUs are expected to outperform Intel’s lineup across price/performance metrics," YipitData analyst Nathaniel Harmon said. Reuters GraphicsThe PC industry, reeling from a downturn after its pandemic boom, pressured AMD's earnings and the company also lost market share there to Intel. A recovery in the business seems distant, with Chief Executive Lisa Su saying that AMD expects the PC market will decline by another 10% in 2023. Some analysts, however, said the company was undershipping products even in a weak market and could see some upside next year. Reporting by Akash Sriram and Chavi Mehta in Bengaluru; Editing by Maju SamuelOur Standards: The Thomson Reuters Trust Principles.

AMD forecast fourth-quarter and full-year revenue below Wall Street estimates, but Kinngai Chan, an analyst at Summit Insights Group, suggested investors had braced for worse. "While AMD's 4Q22 sales outlook was below consensus expectations, we believe investors are somewhat relieved that AMD expects its data center and embedded businesses to grow sequentially," Chan said. While AMD has been growing its market share quickly in the datacenter, rival Intel Corp.(INTC.O) has seen its share slip even in its latest earnings reported. Su added the North American cloud market was the most resilient of the data center market segments, though she did not expect significant recovery of the China data center market in 2023. While its Data Center revenue was $1.6 billion, up 45% year-on-year.

Nov 1 (Reuters) - Advanced Micro Devices Inc (AMD.O) on Tuesday forecast some strength in its data center business and promised to be careful with spending, sending shares up despite business being hit by a deepening PC market slump. AMD forecast fourth-quarter and full-year revenue below Wall Street estimates, but Kinngai Chan, an analyst at Summit Insights Group, suggested investors were braced for worse. "While AMD's 4Q22 sales outlook was below consensus expectations, we believe investors are somewhat relieved that AMD expects its data center and embedded businesses to grow sequentially," Chan said. She added that the North American cloud market was the most resilient of the data center market segments, though she did not expect significant recovery of the China data center market in 2023. While its Data Center revenue was $1.6 billion, up 45% year-on-year.

☆ We still believe in AMD's future potential, but near-term results make it difficult to see
▼ + stars: | 2022-11-01 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

Advanced Micro Devices (AMD) reported fiscal third-quarter results that missed lowered expectations on after the closing bell Tuesday. Revenue in AMD's third-quarter increased 29% to $5.57 billion, missing estimates of $5.62 billion. Data center revenue remains resilient thanks to strong North American cloud demand, where AMD is strongest, while Embedded segment sales benefited from strong end market demand. While the long-term drivers of growth — cloud computing, gaming, and digitization — appear fully intact, the near-term issues must be resolved. Gaming revenue was $1.6 billion, up 14% year over year and also in line with estimates driven by higher semi-custom product sales.

☆ AMD misses but still ekes out 29% revenue growth
▼ + stars: | 2022-11-01 | by ( Jordan Novet | ) www.cnbc.com time to read: +5 min

AMD has been preparing for the PC market to be lackluster in the fisacl fourth quarter, AMD CEO Lisa Su said on a conference call with analysts. AMD said its Data Center segment generated $1.61 billion in revenue in the fiscal third quarter, up 45% and slightly below the StreetAccount consensus of $1.64 billion. AMD plans to launch Epyc data center chips on Nov. 10. During the quarter AMD announced Ryzen 7000 desktop PC chips, and AMD pointed to positive reviews of the products. All four of the segments delivered slightly more revenue than AMD had said to expect in its October warning.

☆ With the Dow outperforming, here's how investors can harness the stock index
▼ + stars: | 2022-10-31 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

Of the three major stock market indices, investors currently favor the Dow Jones Industrial Average – particularly in the wake of last week's dismal quarterly reports by mega cap tech firms and the subsequent sell off. So, given this backdrop, how can investors harness an outperforming Dow when constructing their portfolio? The simplest approach would be to look at the companies that comprise the index and pick those with further room to run. Here's a rundown of how we measure our portfolio against the Dow across health-care, finance and semiconductor stocks. Photo taken on March 1, 2022 shows monitors displaying stock market information at the New York Stock Exchange in New York, the United States.

☆ Wall Street strategists say this is what investors must watch for in 3Q earnings reports
▼ + stars: | 2022-10-11 | by ( Robert Hum | ) www.cnbc.com time to read: +5 min

As third-quarter earnings season gets underway, investors will be missing a good chunk of the action if they ignore guidance for the fourth quarter. Paint and coatings producer PPG Industries said " sales volume declines were most pronounced in September" and it expects difficult conditions to continue into the fourth quarter. Fourth-quarter earnings estimates for the S & P 500 have already been reduced in half since July 1 – which was just before the start of the second-quarter earnings season. Take a look at what happened during the just-completed Q2 earnings season. That's why it's important to watch what happens with the forward-looking fourth-quarter estimates this earnings season.

☆ Semiconductor stocks decline as consumer spending tightens
▼ + stars: | 2022-10-10 | 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 stocks decline as consumer spending tightensMatt Ramsay, Cowen analyst, joins 'TechCheck' to discuss AMD's PC revenue shock, tightening consumer spending, and chip manufacturers working with the automotive industry's EV market.

☆ We see two reasons for Nvidia's dramatic price hikes on its newly unveiled graphics cards
▼ + stars: | 2022-09-21 | by ( Zev Fima | ) www.cnbc.com time to read: +5 min

A top complaint coming out of this week's Nvidia GTC conference is sticker shock over the company's newly unveiled 40 series graphics processing units for video gamers and creators. For reference, the 4080 and 4090 series chips start at $899 and $1,599, respectively. Put another way, if we were to adjust for inflation, a comparable 40 series price tag (think 2020 dollars) would be about $770 for the 4080 and $1,650 for the 4090. In the end, if you want the most cutting-edge chips, one thing nobody can deny is the incredible performance boost of the 40 series versus prior generations. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Earnings playbook: How to play the second half of the season with Starbucks and Caterpillar on deck
▼ + stars: | 2022-07-31 | by ( Fred Imbert | ) www.cnbc.com time to read: +14 min

Tuesday Caterpillar is set to report earnings before the bell, followed by a conference all with management at 8:30 a.m. What history shows: Caterpillar has reported a better-than-expected profit in each of the last eight earnings days, FactSet data shows. What history shows : FactSet data shows Airbnb has beaten analyst expectations in the last four quarters. What history shows: FactSet data shows Paramount has missed earnings expectations in two of the past four quarters. Block is set to report earnings after the close, with management set to hold a call at 5 p.m.

Learn moreNew Nvidia and AMD graphics cards have driven a PC gaming boom amid an international chip shortage. International tariffs and resellers on eBay and Amazon have also led to graphics cards getting more expensive in recent years. AdvertisementAdvertisementAMD Radeon RX 7000 series graphics cardsAn AMD Radeon RX 7000 series card. AdvertisementAdvertisementWhere to buy an Nvidia or AMD graphics cardRecommended retailers for an Nvidia or AMD graphics card include Microcenter, Best Buy, Newegg, and Amazon (Nvidia, AMD). Finally, you can always buy a graphics card as a part of a pre-built PC, rather than purchasing a card separately for an upgrade or custom build.

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