Latest news with #BigBeautiful
CNBC
2 days ago
- Business
- CNBC
Here are Monday's biggest analyst calls: Apple, Tesla, Amazon, Nike, Microsoft, Walmart & more
Here are the biggest calls on Wall Street on Monday: JPMorgan upgrades Mara to overweight from neutral JPMorgan says it sees upside for the bitcoin miner. "We are upgrading MARA to OW (from Neutral), as shares do not reflect the company's revised YE25 hashrate target, even after considering capex requirements." Morgan Stanley reiterates Amazon as overweight Morgan Stanley says Amazon is a beneficiary of the Big Beautiful bill passed by Congress. "We see AMZN capturing ~$15bn/year in tax benefits. While most will be re-invested in AWS, even investing 50% of the annual cash flow benefit paints a much faster path to billions of annual automation savings." Wells Fargo initiates Take-Two Interactive as overweight Wells says it's bullish on the release of Grand Theft Auto in 2026 for Take-Two . "We anticipate GTA 6 sells 50M units in FY27, the first year post-launch, at an $80 base game retail ASP [average selling price]." BMO initiates MongoDB as outperform BMO says it likes the cloud database company's valuation. "We are launching on MongoDB with an Outperform rating and a $280 target price." Bank of America reiterates Apple as buy Bank of America says all "eyes [are] on margins" ahead of Apple earnings later this week. "As we head into F3Q25 (June qtr) earnings aftermarket on Thur July 31, we see client sentiment as fairly negative given uncertain impact from tariffs, U.S. DOJ investigation (Google TAC payments), App Store headwinds, and slow progress in AI." Mizuho downgrades GE Vernova to neutral from outperform The firm increased its price target but downgraded GE Vernova on valuation. "We increase our PT to $670, up 63%, due to accelerating EBITDA margins in power and electrification business and higher gas power manufacturing capacity beyond 2028" Morgan Stanley upgrades Hesai to overweight from equal weight Morgan Stanley says it's bullish on shares of the autonomous driving company. "We expect robotaxis and smart home robotic appliances to serve as Hesai's second revenue growth driver from 2026 onwards." Bernstein upgrades Charter to outperform from market perform Bernstein says investors should buy the dip in the cable giant. "For CHTR, it's the secular challenges that seem to stretch further with each earnings call, and this one certainly didn't help. But as we reflect in the summer heat on what's shaping up to be a tough 2H, we are looking ahead to CHTR's narrative for '26. July is nearly behind us, and this unusual heat, too, will pass." Read more. Deutsche Bank reiterates Tesla as buy Deutsche says more "patience" is needed for Tesla's robotaxi service but that it's sticking with the stock. " Tesla's robotaxi service is currently still very small scale, having accumulated only +7k miles since the launch on June 22nd with 10-20 vehicles in the fleet. Management did not provide a lot of clarity regarding the pace of expansion although Elon Musk indicated the goal of technically being able to cover half the US population by year-end." Oppenheimer initiates Wave Life Sciences as outperform Oppenheimer says shares of the biotech company have plenty room to run. "We initiate Wave Life Sciences (WVE) with an Outperform rating and a $24 price target." Canaccord initiates Gold Fields as buy Canaccord says the gold company is well positioned. " Gold Fields (GFI) is one of the top 10 gold producers globally with 10 operations and is headquartered in South Africa." Morgan Stanley reiterates Walmart as overweight Morgan Stanley says Walmart is a "clear leader" in retail AI. "AI use cases in Food Retail are accelerating, driving stronger sales growth and greater efficiencies. WMT a clear leader." Evercore ISI downgrades Cisco to in line from outperform Evercore downgraded the stock mainly on valuation. "We are downgrading Cisco to In Line as the stock is within 6% of our price target of $72. The stock has performed well recently with a +46% move over the last twelve months vs. +17% for the S & P." Bank of America reinstates Surgery Partners as buy The firm moved to buy from no rating on the outpatient surgery company and says the stock is being unfairly punished. "We change our rating on SRGY to Buy from No Rating as we no longer believe that the stock is trading on deal speculation (on 6/17, SGRY rejected the buyout offer from Bain Capital)." Wolfe upgrades Texas Instruments to outperform from neutral Wolfe says it likes the company's multi-year CapEx Plan. "We're upgrading TXN from Peer Perform to Outperform and setting a $230 price target." JPMorgan upgrades Nike to overweight from equal weight The firm says the turnaround is underway at Nike. "NKE is the global athletic market leader with diversification across product categories, geographies, and distribution, and we see the model at an inflection for revenue growth to re-accelerate into 2H26/FY27 following several quarters of franchise product lifecycle management & inventory liquidation headwinds." Read more. Benchmark initiates Lionsgate Studios as buy The firm says it's bullish on shares of the movie studio company. "We are initiating coverage of Lionsgate Studios with a BUY rating and an $8.50 eighteen-month price target." Stifel reiterates Microsoft as buy Stifel raised its price target on Microsoft to $550 per share from $500 ahead of earnings later this week. "Looking forward, we believe management's prior expectation that supply/demand imbalances would linger beyond June will be further pushed out to F2H26, and we also expect FY26 capex commentary could likely exceed our./street estimates of ~$110B/$100B, respectively, echoing Alphabet's commentary during earnings." JPMorgan downgrades American Eagle to underweight from neutral The firm says the lifestyle retailer is is showing signs of a "promotional overhang." "Conversely, we downgrade AEO to Underweight - modeling 2Q SSS/EPS more/less in-line with guidance/Street flagging our 3Q25 EPS 12% below Consensus on elevated advertising investments Y/Y and potential promotional 'overhang' post 1H merchandising mis-execution with our FY26 EPS 15% below the Street." Read more. Argus upgrades Las Vegas Sands to buy from neutral Argus says it's like Las Vegas Sands capital investments. "We expect the shares to rally now that the company has completed its capital investment programs."
Miami Herald
5 days ago
- Politics
- Miami Herald
Dictators win as Trump cuts aid to human rights groups in Cuba, Venezuela
The dictators of Venezuela, Cuba and Nicaragua are breathing more easily these days. Human rights groups and independent media in their countries are being decimated, courtesy of President Trump's massive foreign aid cuts to pro-democracy groups abroad. In the wake of Trump's July 18 law slashing $9 billion from foreign aid and public broadcasting, many pro-democracy groups in Latin America are drastically downsizing. Some are considering shutting down altogether, activists tell me. Trump's budget cuts stripped $8 billion from the U.S. Agency for International Development (USAID) and other organizations that provided foreign assistance. Nearly half of that —$4 billion— had funded international organizations and pro-democracy groups, countering China and Russia's outsized cultural and political propaganda programs in developing countries. If you think that America is spending too much on foreign aid to promote democracy, think again. Trump's recently passed 'Big Beautiful' law injects $170 billion in new funds —over 4,000% more— to arrest and imprison undocumented immigrants. That includes $45 billion earmarked for immigration detention centers — critics call them concentration camps — to keep mostly hard-working undocumented people who have committed no serious crimes. Many human rights groups in Cuba, Venezuela, Nicaragua, El Salvador and other countries are now facing 'an existential threat' because of U.S. budget cuts, says Juan Pappier, Latin America director at the Human Rights Watch advocacy group. Much of this aid flowed through the International Republican Institute (IRI), a nonprofit group linked to the Republican Party. But since the start of Trump's second term, the IRI has had to suspend 92 of 95 programs to defend democracy in authoritarian countries, the Miami Herald reported in March. About 85% of the IRI's staff have been laid off, and all of its 64 overseas offices have been closed, according to On Wednesday, the Republican-led House Appropriations Committee approved legislation that could restore some of the foreign aid programs that Trump wants to defund, but the scope and fate of that congressional effort is still unclear. Laritza Diversent, the U.S.-based executive director of CubaLex, one of Cuba's best-known human rights groups, told me that 'there will be a major weakening of human rights organizations that are operating in Cuba' as U.S. foreign aid dwindles. Her own group, which gathers data on political prisoners and provides them with legal help, has had to layoff some employees and cut 50% of its contract workers, Diversent told me. Justicia 11J, another Cuban human rights group, has had to cancel presentations before the United Nations and the Inter-American Commission on Human Rights to denounce the plight of Cuban prisoners. The group helps hundreds of political prisoners arrested during the massive demonstrations of June 11, 2021. Camila Rodriguez, head of Justicia 11, told me the group was informed earlier this year it would lose 90% of its U.S. funding for a key project. Later, they were told some aid would be restored, but it's not clear how much, or when. Right now, Justicia 11J is operating with a skeleton crew that is doing all of its work on a voluntary basis, Rodriguez said. This has caused 'a significant decrease in the production and dissemination of content aimed at documenting and denouncing systematic violations of the right to peaceful protest in Cuba,' she added. A similar crisis is hitting the Voice of America and independent news websites in Cuba, Venezuela and Nicaragua, El Salvador and other countries, as their U.S. funds are being cut. In many countries, these websites are the only sources of critical news, and are competing against Russia's state-run Russia Today en Español and Telesur regional TV network, funded by the Venezuelan and Cuban regimes. 'Trump's budget cuts to USAID and the Voice of America are manna from heaven for China and Russia,' Arturo Sarukhan, a former Mexican ambassador to the United States, told me. He added, 'This withdrawal of U.S. soft power, the abandonment of public diplomacy, and the capacity to counter Russian propaganda in Latin America is an own goal for the United States.' I agree. Worst of all, these cuts to support human rights groups and independent media in Latin America amounts to peanuts compared to the astronomical sums the Trump administration plans to spend arresting mostly hard-working immigrants who are doing jobs that most Americans won't do. Indeed, the dictators of Russia and China, and their allies in Latin America, will have a field day, thanks to Trump's abrupt end to the post-World War II bipartisan consensus that promoting democracy abroad is a moral duty, and a smart thing to do to keep the U.S. safe. Don't miss the 'Oppenheimer Presenta' TV show on Sundays at 9 pm E.T. on CNN en Español. Blog:
Yahoo
11-07-2025
- Business
- Yahoo
Plug Power Just Scored a Supply Agreement Win. How Should You Play PLUG Stock Here?
Plug Power (PLUG) says it has signed a multi-year supply agreement with a renowned industrial gas company. The clean energy stock gained more than 25% Wednesday on the news. The extended deal with a 'leading' U.S.-based partner reduces costs, improves cash flow, and locks in hydrogen access through the end of this decade, the Latham-headquartered firm revealed in a press release on Wednesday. This Underdog AI Stock Just Got a New Street-High Price Target Texas Just Passed Quantum Computing Legislation. How Should You Play IONQ Stock Here? 'The Most Patriotic Thing You Can Do Is Not Pay the IRS' Says Grant Cardone as OBBBA Signed into Law — Here's How Much You'll Save Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. Including today's surge, Plug Power stock is up more than 150% versus its year-to-date low. Investors are cheering PLUG shares this morning because the announced supply agreement lowers costs while securing long-term access to hydrogen – potentially improving the company's margin profile and cash flow moving forward. Coupled with enhanced network efficiency and rising demand for clean hydrogen, the multi-year deal supports the aggressive scaling of the Nasdaq-listed firm's applications business. In short, the extended contract de-risks PLUG's growth strategy and energizes investor sentiment. Plug Power shares have already been on a tear in recent sessions – but an H.C. Wainwright analyst remains convinced they will extend gains further in the months ahead. Earlier this week, the investment firm reiterated its 'Buy' rating on the clean energy stock with a $3 price target that indicates potential for another 68% upside from here. According to analysts, the 'Big Beautiful' bill that President Donald Trump signed into law on July 4 will prove a meaningful tailwind for PLUG stock given it extends hydrogen tax incentives. CFO Paul Middleton's recent purchase of 650,000 shares further substantiates the bullish narrative surrounding Plug Power stock. While not as bullish as H.C. Wainwright, other Wall Street firms forecast continued gains in PLUG shares as well. According to Barchart, the consensus rating on Plug Power stock sits at 'Hold' only, but the mean target of $1.96 suggests potential upside of another 10% from current levels. On the date of publication, Wajeeh Khan did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
CNBC
10-07-2025
- Business
- CNBC
Here are Thursday's biggest analyst calls: Nvidia, Tesla, Palantir, Broadcom, McDonald's, Micron, CoreWeave, Roku & more
Here are Thursday's biggest calls on Wall Street: BMO initiates TransUnion as outperform BMO said the credit bureau company is a best idea. "We are initiating coverage of TransUnion (TRU) with an Outperform rating as our top pick amongst our Information Services coverage." Guggenheim initiates Equinix as buy Goldman said shares are compelling at current levels. "We are initiating research coverage of Equinix, Inc. with a Buy rating and a price target of $933 per share. We believe that the stock's recent decline has provided investors with an attractive buying opportunity." Goldman Sachs initiates Lam Research and Seagate as buy Goldman said it sees "stable" revenue for stocks like Lam Research and Seagate. "On one hand, the market outside China has been in a clear, shallow downcycle since 2022; China has kept the Semi Cap sector in a slow-growth mode over this period. Although we see more downside than upside risks, we think 'stable' revenue through 2026 is the most likely outcome." Goldman Sachs initiates Nvidia and Broadcom as buy Goldman said Nvidia and Broadcom are extremely well positioned. "Although monetization has been elusive, we see early signs of incremental revenue and much clearer evidence of cost takeout to justify these investments - and we believe AI CapEx can sustain growth from current levels." Read more. Deutsche Bank initiates Micron as buy Deutsche said it sees an attractive setup for the stock. "We are launching coverage of Micron with Buy rating and $150 price target. We are constructive on both the cyclical and secular setup facing Micron." Deutsche adds a catalyst call buy on First Solar Deutsche said First Solar is a Big Beautiful bill beneficiary. "US policy has been a key discussion for the Solar and Clean Tech space in the last several months, with lots of moving pieces and changes since Liberation Day on April 9th and the announcements of many tariffs. We also had heightened uncertainty on the IRA, which has now been clarified with the 'One Big Beautiful Bill' voted for on July 3rd." Goldman Sachs initiates Texas Instruments as buy Goldman said the company is "positioned for a strong recovery in FCF/share during the cyclical recovery." "We initiate on Texas Instruments (TXN) with a Buy rating and a 12-month target price of $255." Goldman Sachs upgrades McDonald's to buy from neutral Goldman said it sees "product innovation and value offerings." "We upgrade MCD to Buy from Neutral with our $345, 12-m price target suggesting 18% upside (20% total return). With the increase in pressure on the lower income consumer, we have observed a heightened focus by LSR [limited service restaurants] brands on product innovation and value offerings. Wells Fargo reiterates Tesla as underweight Wells said it's standing by its underweight rating on Tesla. "We see moderating delivery growth driven by lower demand & diminished return on price cuts." Bernstein initiates Amrize as outperform Bernstein said it's bullish on shares of the construction company. "We are initiating coverage on Amrize with an Outperform rating and a target price of $62." Baird upgrades Trex to outperform from neutral Baird said in its upgrade of Trex that it sees "sell-through stability" for the building products company. "Our Q2 checks showed modest sell-out growth, comparable to Q1 levels, with consumer interest remaining slightly positive on a net basis." KeyBanc upgrades Roku to overweight from sector weight KeyBanc said Roku is benefitting from a "combination of secular drivers, monetization initiatives, and an expense 'self-help' story." "We are upgrading shares of ROKU to Overweight with a $115 PT as we believe: 1) the combination of budget shift and ad innovation is creating multiyear tailwinds; 2) Roku's partnership strategy can sustain Platform growth;" Read more . Piper Sandler upgrades Oracle to overweight from neutral Piper said it sees rising enterprise demand. "ORCL : Upgrade to OW; Enterprise adds another leg to OpenAI growth." Evercore ISI reiterates Alphabet as outperform Evercore said Alphabet is a top pick at the firm. "We viewed Q1 EPS results as Very Solid. Revenue and Operating Income results came in modestly better than expected, and Fundamental trends were nicely positive – organic revenue growth acceleration and operating margin expansion. And we think the setup for Q2 is similar." Bank of America reiterates Meta as buy Bank of America raised its price target on the stock to $765 per share from $690. " Meta has made an investment of $3.5bn to acquire ~3% stake in EssilorLuxottica, parent company of Ray-Ban and Oakley, signaling a deeper and longer-term partnership to develop smart glasses. Also, Meta would be able to participate (somewhat) in any smart glasses sales driven appreciation in the stock." Telsey reiterates Amazon as outperform Telsey said early indications are that Amazon Prime Day is boosting the company's value/ "We expect Amazon to continue to gain market share by leveraging its sticky customer base." Deutsche Bank initiates Cinemark as buy Deutsche initiated the movie theater company with a buy and said it's "well-positioned to continue growing its box office due to its unique US and Latin American footprint." "We are initiating coverage of Cinemark with a Buy rating and $36 price target." HSBC upgrades Advanced Micro Devices to buy from hold The firm said AMD is "back in the AI game." "We highlighted in our 8 January note, Downgrade to Reduce that AMD could see weaker FY26e AI revenue outlook as the AI GPU roadmap seemed less competitive. However, we now believe there could be significant upside to FY26e AI revenue as our revised forecast of USD15.1bn is now 57% above consensus forecasts of USD9.6bn driven by a higher-than-expected pricing premium of its recent MI350 series launch." Citi upgrades Carlyle Group to buy from neutral Citi said it sees upside potential for the investment bank. "We are upgrading CG to Buy from Hold and raising forward estimates to reflect an improved fundraising outlook given increasing momentum across 1) credit, 2) insurance, 3) private wealth, and 4) AlpInvest (investment solutions)." Wedbush reiterates Palantir as outperform Wedbush said the bull thesis is playing out for the stock. "We are raising our price target on Palantir to $160 from $140 as our recent checks and growing confidence in the company's AI strategy is key to the bull thesis on Palantir playing out for the next 12 to 18 months." Read more . Morgan Stanley reiterates Netflix as overweight Morgan Stanley raised its price target on the stock to $1,450 per share from $1,200. "Gen AI tools and the scale to invest behind these tools could meaningfully reduce production costs for Netflix - content capital spending represents its single largest cost." Needham downgrades CoreWeave to hold from buy Needham downgraded the stock on valuation. "We have updated our 2026 and 2027 estimates to reflect adjustments related to the transaction. However, with CRWV currently trading at 41x our '26 EBIT, we believe valuation is full and downgrade to Hold." Wells Fargo upgrades Synovus to overweight from equal weight Wells said it sees earnings growth for the commercial banking company. "Upgrading SNV to Overweight and increasing PT to $62 (from $50), as we look for earnings growth to benefit from 1) fixed asset repricing, 2) accelerating loan growth, 3) hedge maturities, and 4) expense control." H.C. Wainwright downgrades Coinbase to sell from buy The firm downgraded Coinbas e valuation. "We are double-downgrading shares to an out-of-consensus Sell rating from our previous Buy rating on valuation." TD Cowen downgrades Lockheed Martin to hold from buy TD Cowen said it sees execution challenges for the stock. "We're downgrading our rating on LMT' s stock to Hold from Buy, with a $480 PTThe stock may remain range-bound for 1+ year given F-35 overhangs (26% of sales/EPS), execution challenges elsewhere, & a lack of upward estimate revisions."
Yahoo
08-07-2025
- Automotive
- Yahoo
Elon Musk Launches the America Party. How Should You Play Tesla Stock Here?
Tesla (TSLA) shares lost about 7% on Monday after billionaire Elon Musk announced plans to launch a new political party – the 'America Party.' Musk's announcement arrives on the heels of his very public feud with President Donald Trump. He aims to reshape U.S. politics by disrupting the two-party system. This Analyst Just Raised His Broadcom Stock Price Target by 70%. Should You Buy AVGO Now? Why Alibaba Stock Looks Like a Screaming Buy After Falling 27% From Its 2025 Highs 2 ETFs Offering Juicy Dividend Yields of 20% or Higher Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. Following a sharp decline in the Tesla stock price on Monday, the EV maker has fallen below the $1 trillion threshold. Its current market cap sits at $946 billion. The launch of the 'America party' is a troubling development for TSLA investors, primarily because it amplifies concerns of executive distraction at a time when the company is already under immense pressure. Tesla is currently struggling with a demand slowdown, aging vehicle lineup, and a meaningful lag in the rollout of its artificial intelligence (AI) and robotaxi initiatives – all of which require focused leadership. The billionaire's political pivot not only diverts his attention from the EV manufacturer but risks alienating key stakeholders, including government partners as well. Trump has already threatened to cut subsidies to Musk's companies and his tax-and-spending bill removes EV credits as of September 2025. These credits have historically played a crucial role in Tesla's growth and competitiveness. According to Wedbush's Dan Ives, Musk's political ambitions are 'exactly the opposite direction' shareholders want him to take. A near-7% decline in TSLA shares Monday reflects that anxiety and the potential for reputational damage. Tesla shares are slipping also because William Blair analyst Jed Dorsheimer downgraded the EV stock to 'Market Perform,' saying the 'Big Beautiful' bill dampens the outlook further. Trump's tax-and-spending bill will remove access to the $7,500 federal EV tax credit on Sept. 30, which, according to Dorsheimer, 'requires a reset in expectations.' Plus, Musk's political ventures could also hurt TSLA stock price moving forward, he noted, adding 'we would prefer this effort to be channeled towards the robotaxi rollout at critical juncture.' Investors should also note that Tesla at a forward price-earnings (P/E) ratio of nearly 229x at the time of writing is not inexpensive to own by any stretch of the imagination. Wall Street already rates Tesla stock currently at 'Hold' only – and the America Party revelation could make more analysts recalibrate their expectations for the EV company in the coming days. The mean target on TSLA sits at about $298 at the time of writing, in line with its current price. On the date of publication, Wajeeh Khan did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
