Lam Research Corp
5 things to know before the stock market opens Monday
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 9, 2022. Brendan Mcdermid | Reuters Here are the most important news items that investors need to start their trading day: 1. Futures rise U.S. stock markets were primed to open slightly higher Monday morning, as investors […]
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Biden to strike China with broader curbs on U.S. chip and instrument exports: Reuters, citing sources
U.S. President Joe Biden talking in the course of the groundbreaking of the new Intel semiconductor plant on September 9, 2022 in Johnstown, Ohio. The Biden administration designs upcoming thirty day period to broaden curbs on U.S shipments to China of semiconductors used for artificial intelligence and chipmaking applications, various men and women acquainted with […]
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Viking Global bets big on insurance stocks, including a $500 million stake in AIG
Massive hedge fund Viking Global made large bets on insurance stocks during a volatile second quarter for Wall Street, according to securities filings. Viking’s second-quarter regulatory filing, released on Monday, shows that the fund initiated a stake of more than $500 million in AIG . Viking also scooped up more than 1.3 million shares of […]
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Stocks making the biggest moves midday: Newmont, World Wrestling Entertainment, Ryanair & more
Ryanair planes are seen at Dublin Airport, following the outbreak of the coronavirus disease (COVID-19), Dublin, Ireland. Jason Cairnduff | Reuters Check out the companies making headlines in midday trading Monday. Newmont — Newmont shares tumbled 13.2% after the mining company reported a disappointing second-quarter profit. The company reported earnings of 46 cents per share, […]
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Cramer’s lightning round: Gentex is a buy
Chegg Inc: “I don’t know what to make of Chegg. … To me, it seems like the bulls are going to win on this stock.” Moderna Inc: “I think that stock has now come down enough. I would want to own Moderna. I do like Pfizer more.” ONEOK Inc: “Keep it. … I think that’s […]
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Citi names its ‘highest conviction ideas’ for the second half of 2022 — and gives one upside of 85%
Citi has named a raft of stocks it thinks could do well in the second half of 2022, as investors continue to navigate market uncertainty and hot inflation. Stock markets suffered steep losses in the first six months of this year as an unrelenting sell-off brought major indexes to their knees. The S & P […]
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Cramer: 15 things I learned about the changing tech sector from my week in Silicon Valley
It’s been more than two years — going back to the start of the Covid pandemic — since I have been able to do a deep dive of Silicon Valley. But over the past week I was able to reconnect with many executives, CEOs, and market insiders in CNBC’s San Francisco bureau, and I was […]
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Citi names the ‘attractive’ oversold stocks to buy right now
Market watchers have been reluctant to call the bottom on the brutal Wall Street sell-off this year, but Citi thinks a slew of stocks are now oversold and investors should buy the dip. The bank’s analysts, led by Hong Li, said that — given the “continued high macro risk and market volatility” — investors should […]
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Cramer’s lightning round: I like Lam Research over Taiwan Semiconductor
Monolithic Power Systems Inc: “It sells at 40 times earnings, and you know I’m not recommending stocks unless they have a reasonable multiple.” Disclosure: Cramer’s Charitable Trust owns shares of Chevron. VIDEO4:0604:06 Cramer’s lightning round: I like Lam Research over Taiwan Semiconductor Source
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Goldman Sachs says a new investment cycle is coming — and names the stocks that could win
Goldman Sachs says we’re entering a new, “postmodern” investment cycle. Here’s what the bank thinks is in store — and the stocks investors should own to cash in. The emerging cycle — post the Covid pandemic — is likely to be driven by different economic conditions and priorities, leading to new investment opportunities, the bank […]
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