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The meta drop gives a false picture of returns. We are increasing our price target


The meta drop gives a false picture of returns. We are increasing our price target

Don't let the after-hours market action fool you, Meta Platforms delivered a really strong third quarter and a current quarter revenue report that was above expectations. Revenue rose nearly 19% year-on-year to $40.59 billion in the three months ended Sept. 30, beating expectations of $40.29 billion, according to analyst estimates compiled by LSEG. Third-quarter earnings […]

How Halloween, Thanksgiving and Christmas risks affect home insurance


How Halloween, Thanksgiving and Christmas risks affect home insurance

Solstock | E+ | Getty Images Halloween trick-or-treating and jack-o-lanterns can be downright spooky – for your home insurance. According to Travelers Insurance, there is a 14% increase in home insurance claims on Halloween compared to other days of the year. On-site theft claims increase by 46%. Trips or falls, theft, fire and accidents involving […]

Morgan Stanley launches an investment index tied to sports teams


Morgan Stanley launches an investment index tied to sports teams

The Morgan Stanley headquarters in New York on December 27, 2023. Angus Mordant | Bloomberg | Getty Images Morgan Stanley introduces a new portfolio for investors affiliated with major sports leagues. The investment bank's asset management division announced on Thursday the launch of the so-called Parametric Custom Core Sports League strategy. The portfolio is aimed […]

The decline in AMD's post-earnings numbers presents a buying opportunity. Here's why


The decline in AMD's post-earnings numbers presents a buying opportunity. Here's why

Advanced Micro Devices reported solid third-quarter results on Tuesday, thanks to strong sales in the data center and PC markets. However, shares fell more than 7% in extended trading as investors sought faster growth in the AI ​​chip business. We think long-term here. LSEG said revenue rose 18% year-on-year to $6.82 billion in the three […]

Bitcoin briefly exceeds $70,000 for the first time since June


Bitcoin briefly exceeds ,000 for the first time since June

Omer Taha Cetin | Anadolu | Getty Images Bitcoin briefly climbed above $70,000 as investors prepared for MicroStrategy's earnings and counted down the days to the US presidential election. According to Coin Metrics, Bitcoin price was last up around 3% to $69,925.00. Around 6:00 p.m. Eastern Time on Monday, the price reached $70,207.02 and has […]

5 things you should know before the stock market opens on Wednesday, October 23rd


5 things you should know before the stock market opens on Wednesday, October 23rd

Here are five important things investors need to know to start the trading day: 1. A difficult phase Stock futures fell on Wednesday after the S&P 500 posted its first consecutive loss since early September. Futures tied to the S&P 500 fell 0.1%, while Dow futures lost 0.4% and Nasdaq 100 futures fell 0.2%. The […]

Costco could gain 4 million members through crackdown, Morgan Stanley says


Costco could gain 4 million members through crackdown, Morgan Stanley says

According to Morgan Stanley, Costco could follow in Netflix's footsteps and crack down on membership sharing. “Costco’s continued rollout of membership card scanners at its U.S. clubs could soon create a Netflix moment,” analyst Simeon Gutman wrote in a note to clients this week. “Our channel checks suggest membership at select Costco locations will increase […]

McDonald's analysts hope the outbreak will be similar to Wendy's and not Chipotle's


McDonald's analysts hope the outbreak will be similar to Wendy's and not Chipotle's

Wall Street is considering what to do about McDonald's as its stock takes a tumble following the fast food giant's reported E. coli outbreak. The Centers for Disease Control and Prevention said Wednesday that the McDonald's Quarter Pounder hamburger has been linked to 10 hospitalizations and one death. McDonald's said an initial investigation found some […]

Bank of America Raises Nvidia Price Target, Says Shares Can Rise Nearly 40%


Bank of America Raises Nvidia Price Target, Says Shares Can Rise Nearly 40%

According to Bank of America, Nvidia could be poised for even more growth. Analyst Vivek Arya reiterated his Buy rating on the chip giant and increased his price target by $25 to $190. This represents an increase of approximately 38.8% compared to Thursday's closing price. That would add to the tremendous rally it has already […]

We see a driver for AMD shares – and find out what's behind the ongoing market rally


We see a driver for AMD shares – and find out what's behind the ongoing market rally

Every weekday, CNBC Investing Club with Jim Cramer publishes Homestretch – an actionable afternoon update just in time for the final hour of trading on Wall Street. Markets: The S&P 500 rose to a new record high on Wednesday. There was no specific trigger for the move, but we see a continuation of a theme […]