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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 […]

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 […]

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 […]

Jim Cramer says Google would be a shell of its former self if the Justice Department forced a breakup


Jim Cramer says Google would be a shell of its former self if the Justice Department forced a breakup

CNBC's Jim Cramer on Wednesday criticized the Justice Department's potential remedies in the Google search monopoly case, arguing that if implemented, the California tech giant would be “a shell of its former self.” The DOJ, in a court filing late Tuesday, gave a general overview of the recommendations it might make to a federal judge […]

How Amazon, Best Buy, Costco and Home Depot Prepared for the Port Strike


How Amazon, Best Buy, Costco and Home Depot Prepared for the Port Strike

The International Longshoremen's Association (ILR), which represents about 45,000 longshoremen, has launched its first large-scale strike in 47 years, disrupting supply chains ahead of the Christmas shopping season. Strikes began early Tuesday morning at 36 ports along the East Coast and Gulf Coast, from Maine to Texas, after negotiations failed to produce a new labor […]

We are increasing our price target for Costco after another stable quarter confirms our thesis


We are increasing our price target for Costco after another stable quarter confirms our thesis

Costco reported lackluster quarterly results on Thursday, with a small decline in sales more than offset by strong profitability and a rise in profits. The report didn't blow us away, but it still gave us plenty of reminders of why Costco investors should stick around. Total revenue in the fourth quarter of fiscal 2024 was […]