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☆ Wall Street is upping its expectations for rate hikes — and a recession
▼ + stars: | 2023-02-27 | by ( Jeff Cox | ) www.cnbc.com time to read: +4 min

The outlook comes ahead of the central bank's March meeting when investors expect another quarter-percentage point — or 25 basis point — rate increase. Bank of America, for instance, said it thinks policymakers may have to take the benchmark funds rate to the 6% range. "This will likely lead to a recession, because the non-consumer sectors of the economy already look soft. In the Cleveland Fed white paper , the authors suggested the central bank reconsider its 2% inflation target because it isn't likely to achieve it anytime soon. It said core PCE inflation is likely to cool only to 2.75% by 2025, adding that "a deep recession would be necessary" for the Fed to achieve its goal.

☆ Singapore-based Grab is on a clear path to profitability, analyst says
▼ + stars: | 2023-02-24 | 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 EmailSingapore-based Grab is on a clear path to profitability, analyst saysRolf Bulk of New Street Research says "the moment that they hit that, the stock should also become a lot more attractive for investors."

☆ Meet the $10,000 Nvidia chip powering the race for A.I.
▼ + stars: | 2023-02-23 | by ( Kif Leswing | ) www.cnbc.com time to read: +8 min

Powering many of these applications is a roughly $10,000 chip that's become one of the most critical tools in the artificial intelligence industry: The Nvidia A100. The A100 is ideally suited for the kind of machine learning models that power tools like ChatGPT, Bing AI, or Stable Diffusion. Huang, Nvidia's CEO, said in an interview with CNBC's Katie Tarasov that the company's products are actually inexpensive for the amount of computation that these kinds of models need. "We took what otherwise would be a $1 billion data center running CPUs, and we shrunk it down into a data center of $100 million," Huang said. Huang said that Nvidia's GPUs allow startups to train models for a much lower cost than if they used a traditional computer processor.

☆ Strategist says it's the 'last phase' of the bear market — and names 3 stocks to buy right now
▼ + stars: | 2023-02-23 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

Stocks are in the "last phase" of the bear market — and investors should look forward to the second half of 2023, one analyst says. "We're sort of in the last phase of the bear market," said James Demmert, chief investment officer at Main Street Research. He pointed to another sign that the bear market is nearing its end: terminal rate estimates are rising and staying high for longer. Markets rallied at the start of the year, but Demmert said that was just another bear market rally. One of them is pharmaceutical firm Novo Nordisk , which he says is "a good example of what you want to own in a bear market."

☆ Wall Street loves Alibaba right now. Here's what to expect from the tech giant's earnings
▼ + stars: | 2023-02-22 | by ( Zavier Ong | ) www.cnbc.com time to read: +4 min

Since the turn of the year, more and more Wall Street banks have turned bullish on the Chinese tech sector, with Alibaba emerging as a favorite stock. The Chinese tech giant, which spans e-commerce, technology and internet segments, is due to report its earnings for the December quarter on Thursday. The bank has named Alibaba its "top pick" in the Chinese tech sector for the first time in three years. Morgan Stanley has a base-case price target of $150 on Alibaba, and a bull-case price target of $200. "We believe the 2-year long earnings downward revision cycle has likely bottomed," Goldman said, giving Alibaba a price target of $138.

☆ Wall Street puts Salesforce, Nvidia, Humana under the microscope. Here's our take.
▼ + stars: | 2023-02-14 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +7 min

Club holdings Salesforce (CRM), Nvidia (NVDA) and Humana (HUM) are the subjects of fresh Wall Street research. The news: It's all about margins at Salesforce, Wells Fargo analysts wrote in a research note Tuesday. The news: Bank of America raised its price target on Nvidia stock to $255 per share from $215, while reiterating a buy rating. Regardless, the shift to accelerated computing , led by NVDA GPU, and away from conventional CPUs is structural," the analysts wrote. The sector's valuation is starting to "appear increasingly attractive," trading roughly 10% below its five-year-average forward earnings multiple, Oppenheimer analysts wrote in a note Tuesday.

☆ Disney has bigger problems than Ron DeSantis
▼ + stars: | 2023-02-07 | by ( Chris Isidore | ) edition.cnn.com time to read: +10 min

But there are problems with spinning off ESPN, even if it would raise cash and allow Disney to trim debt. Labor painsUnionized rank-and-file workers at Disney World last week voted 96% against a contract offer from Disney that would have given them raises of at least $1 a year over the next five years. The company called the rejected wage proposal a “very strong offer.”But the last thing that Iger or Disney needs is to upset the strong demand for travel to Disney World or other park locations. Political battles in FloridaThe political culture wars are yet another headache for Iger, as Disney faces the possible loss of the powers it has to operate as a government-like entity for the land on which Disney World operates. “We are monitoring the progression of the draft legislation, which is complex given the long history of the Reedy Creek Improvement District,” said Jeff Vahle, president, Walt Disney World Resort.

☆ Here's what Intel's terrible results mean for longtime rival and Club holding AMD
▼ + stars: | 2023-01-27 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +6 min

When Advanced Micro Devices (AMD) reports quarterly earnings next week, the Club holding's results should not look nearly as bad as longtime rival Intel 's (INTC) dismal numbers. But the magnitude of the Intel's disappointment stems from many company-specific factors, including lost market share to chip peers such as AMD. This multi-quarter, industrywide problem will likely show up in the fourth-quarter results AMD is scheduled to release after Tuesday's close. Implications for AMD Morgan Stanley said it believes Intel's results are "cautious" for peers, especially AMD. Bank of America sees Intel's results as "only incrementally negative" for AMD, partially because the analysts believe AMD's inventory correction in the second half of the year was larger than Intel's.

☆ Alphabet or Microsoft? Analysts predict which stock will come out on top
▼ + stars: | 2023-01-23 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

Analysts say the platform could be a threat to Google's bread-and-butter search business . Alphabet and Microsoft compete in the cloud business. Neither stock did well in the past year, with Microsoft dropping more than 20%, and Alphabet tumbling over 30%. According to FactSet, analysts covering the stock gave it 21% upside on average, while 91% gave it a "buy" rating. According to FactSet, analysts covering Alphabet gave it 35% upside on average, while 92% gave it a buy rating.

☆ Wall Street likes software stocks for the long term. Here are top picks from Goldman, Citi and more
▼ + stars: | 2023-01-23 | by ( Zavier Ong | ) www.cnbc.com time to read: +4 min

Citi is also sounding a cautious tone on the sector, calling 2023 a "year of dichotomy in software." Stock picks CNBC Pro had a look at Wall Street research to find the banks' top stock picks to play the software sector. The bank said the company's already "healthy" operating margins could grow about 20%. Goldman also likes tax technology software firm Vertex for its potential to "drive higher cloud margins over time." German software firm SAP is one of Bank of America 's top picks in European software.

☆ New Street Research's Pierre Ferragu looks for growth catalysts in Tesla
▼ + stars: | 2023-01-03 | 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 EmailNew Street Research's Pierre Ferragu looks for growth catalysts in TeslaPierre Ferragu of New Street talks Tesla and why he sees growth for the company.

☆ Tesla or Rivian? The pros predict what 2023 will look like for the two stocks
▼ + stars: | 2022-12-29 | by ( Weizhen Tan | ) www.cnbc.com time to read: +4 min

It's been a tumultuous year for electric vehicle stocks, and two investor favorites, Tesla and Rivian , have been no exception. More recently, in early December, he told CNBC Pro that his price target for Tesla is $304. For now, we view this as short-term noise and, over the medium to long term, see Tesla's stock tied to Tesla's earnings." Evercore gave Rivian a price target of $35 for 2023, or 97% upside — lower than its 220% for Tesla. "The fact that Ford decided to sell Rivian stock rather than partner with Rivian is a long-term problem," he added.

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☆ Stocks slide but dollar gains as central banks continue inflation battle
▼ + stars: | 2022-12-15 | by ( Lawrence Delevingne | ) www.reuters.com time to read: +5 min

Stocks fell, with the Dow Jones Industrial Average (.DJI) slipping 2.5%, the S&P 500 (.SPX) down about 2.6% and the Nasdaq Composite (.IXIC) off 3%. The STOXX (.STOXX) fell by about 2.85% as heavyweight stocks across sectors sank. U.S. Treasury yields fell on Thursday, with the yield on 10-year Treasury notes down 6.4 basis points to 3.439% and the 30-year down 8.1 basis points to 3.459%. China's economy, however, lost more steam in November as factory output slowed and retail sales fell again, hobbled by surging COVID-19 infections. U.S. crude fell 0.75% to $76.70 per barrel and Brent was at $81.85, down 1.03% on the day.

☆ Watch CNBC's full interview with New Street's Pierre Ferragu and Roth Capital's Craig Irwin
▼ + stars: | 2022-12-08 | 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 New Street's Pierre Ferragu and Roth Capital's Craig IrwinPierre Ferragu, analyst at New Street Research, and Craig Irwin, analyst at Roth Capital, join 'Squawk on the Street' to discuss whether demand trends or sentiment favor Tesla over peers and more.

☆ People need to look carefully at what they're willing to pay for Tesla, says Roth Capital's Irwin
▼ + stars: | 2022-12-08 | 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 EmailPeople need to look carefully at what they're willing to pay for Tesla, says Roth Capital's IrwinPierre Ferragu, analyst at New Street Research, and Craig Irwin, analyst at Roth Capital, join 'Squawk on the Street' to discuss whether demand trends or sentiment favor Tesla over peers and more.

☆ Activision acquisition would be good for Microsoft and the overall stock market
▼ + stars: | 2022-12-02 | by ( Zev Fima | ) www.cnbc.com time to read: +12 min

That implies that the other 35% of the market is made up of firms with equal to or less than about a 2% market share. For simplicity's sake, let's say an additional 17 firms have a 2% market share each to bring us to 100% of the market. That means the HHI, calculated by the market share number squared and then added together for all 27 companies, would be under 650. If the Microsoft-Activision Blizzard deal goes through, and you combine the market share concentration of the two companies, the HII would be just over 700. The other issue is how one measures the gaming market.

☆ Why Wall Street's bullish on 3 Club stocks Wednesday — and our take, too
▼ + stars: | 2022-11-30 | by ( Paulina Likos | ) www.cnbc.com time to read: +5 min

Apple (AAPL), Constellation Brands (STZ) and Ford Motor (F) were subject to Wall Street research on Wednesday. Club take: China's Covid-19 lockdown measures have posed a risk to Apple's iPhone manufacturing, but we believe it's a temporary one. Club take: Ford has benefitted from higher pricing power as a result of supply chain challenges impacting production. 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 .

☆ Analyst weighs in on how demand for Grab will change in the long term
▼ + stars: | 2022-11-25 | 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 EmailAnalyst weighs in on how demand for Grab will change after move to expand gig worker protectionRolf Bulk of New Street Research discusses whether demand for Grab's ride-hailing services will change due to possible higher costs, after it announced its support for Singapore's move to expand job protection for gig workers.

☆ What Cramer is watching Wednesday — retail sales strong, Lowe's delivers, Estee Lauder love
▼ + stars: | 2022-11-16 | by ( Jim Cramer | ) www.cnbc.com time to read: +4 min

Revenue: $26.52 billion versus $26.38 billion expected. Revenue: $23.48 billion versus $23.13 billion expected. Oppenheimer raises Club holding Estee Lauder (EL) price target to $245 per share $230. Bofa also likes the deal and thinks it will give Estee Lauder $800 million to $1 billion in sales. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Market veteran says a new bull market is 'not far away' — and reveals how to play it
▼ + stars: | 2022-11-08 | by ( Zavier Ong | ) www.cnbc.com time to read: +2 min

The stock market has experienced a series of bear market rallies this year. Demmert said the bear market is now its "third and final phase." It is now in its 11 th month of a typical 12–15-month cycle, according to Demmert — indicating that a bottom could be close. "It's sort of an all-weather company at this point because they have the dominant exposure in that market globally. "That's where people go where they think it's safe, such as Google [parent Alphabet ] and Microsoft in the tech space.

☆ CNBC Stock World Cup: Visa vs Microsoft and Naspers vs Softbank — who wins?
▼ + stars: | 2022-11-07 | 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 EmailCNBC Stock World Cup: Visa vs Microsoft and Naspers vs Softbank — who wins? Heading into the World Cup season, CNBC spoke to Josh Brown of Ritholtz Wealth Management on whether Visa or Microsoft will give investors a greater total return over the next 12 months. And James Demmert from Main Street Research gives his take on who's going to be the winner between Naspers and SoftBank. 01:20 2 hours ago

☆ These five stocks are best positioned for long-term growth, Goldman analysts say
▼ + stars: | 2022-10-29 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Goldman Sachs said this week that there are a bunch of stocks that are poised for long-term growth. "PEP remains very well positioned given its strong brand portfolio and long-term growth opportunities in Beverages," she wrote. Tesla "Mixed 3Q report; Company remains well positioned for long-term growth in part from potential cost and EPS drivers. BlackRock "Macro hurdles persist, but long-term growth outlook remains. … PEP remains very well positioned given its strong brand portfolio and long-term growth opportunities in Beverages."

☆ Analysts are pounding the table for these 'well positioned' stocks head of earnings
▼ + stars: | 2022-10-22 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Analysts say there are a handful of buying opportunities as earnings season continues, including a slew of big names. CNBC Pro combed through the top Wall Street research to find stocks to buy ahead of earnings. In fact, Keane said the company's upside potential is so large, it hasn't even begun to scratch the surface. In fact, the firm said it sees "potential upside" due to iPhone "share gains in China and the enterprise market." "We believe CMG represents a rarity as we hunt through our coverage for earnings upside," Bittner said.

☆ Analysts are standing by these stocks with 'robust upside' ahead of Q3 earnings
▼ + stars: | 2022-10-15 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Earnings season is underway and Wall Street analysts are picking their favorite stocks to buy ahead of third quarter results. In addition, "capital allocation optionality provides sources of earnings upside," according to the firm. We could see EPS of ~$1 by 2030, and view the stock as undervalued given the growth and earnings potential. This shows the earnings potential of Pfizer beyond the loss of exclusivity of key drugs through the end of the decade. ... .Capital allocation optionality provides sources of earnings upside."

☆ Even as inflation bites, consumers are still turning to Amazon
▼ + stars: | 2022-10-14 | by ( Paulina Likos | ) www.cnbc.com time to read: +4 min

A spate of fresh data this week showed consumers are feeling the sting from high inflation. But those figures were not adjusted for inflation, indicating that consumer spending on retail actually fell last month. But while consumers are tempering their discretionary budgets this holiday season, Amazon remains their shopping platform of choice, according to Baird. In a separate note Thursday, Cowen said its shopping survey of Gen Z and Millennials showed Amazon to be their "most preferred" shopping website. An Amazon Prime truck is pictured as it crosses the George Washington Bridge on Interstate Route 95 during Amazon's two-day "Prime Early Access Sale" shopping event for Amazon members in New York, October 11, 2022.

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