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Buy/Sell: Wall Street's Top 10 Stock Calls This Week
Davidetoh
2024-05-04
Post-Bell | Nasdaq Adds 2% As Jobs Data Strengthens Rate Cuts Hopes; Apple Rallies 6%
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.uu","listText":". .uu","text":". .uu","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/391613880578464","repostId":"1158041059","repostType":2,"repost":{"id":"1158041059","kind":"news","pubTimestamp":1736640290,"share":"https://ttm.financial/m/news/1158041059?lang=&edition=fundamental","pubTime":"2025-01-12 08:04","market":"us","language":"en","title":"Buy/Sell: Wall Street's Top 10 Stock Calls This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1158041059","media":"thefly","summary":"What has Wall Street been buzzing about this week?","content":"<html><head></head><body><p>What has Wall Street been buzzing about this week? Here are the top 5 Buy calls and the top 5 Sell calls made by Wall Street's best analysts during the week of January 6-10.<br/><br/><strong><u>Top 5 Buy Calls:</u></strong></p><p><strong>1. New Street upgrades Tesla to Buy on auto growth, stabilizing margins</strong></p><p>New Street upgraded Tesla (TSLA) to Buy from Neutral with a $460 price target. The company's growth in autos should reaccelerate with the launch of lower-cost models, and its gross margins stabilizing as Tesla "reduces costs as fast as prices," the firm tells investors in a research note. Meanwhile, New Street says Tesla's full self-driving progress is accelerating, which strengthens the view that the company could launch a partially unsupervised version and robotaxi test fleets this year. While the road "is still long and arduous towards scale deployments," the stock price will further reflect the opportunity, contends the firm. New Street sees "significant long-term upside," up to a $4.7 trillion market cap in 2030, if Tesla moves the full self-driving opportunity towards a "dominant fleet of robotaxi." It views the risk/reward of owning the stock as positive.</p><p><strong>2. Disney upgraded to Buy at Redburn Atlantic</strong></p><p>Redburn Atlantic upgraded Disney (DIS) to Buy from Neutral with a price target of $147, up from $100. Disney is "finally" at a point where streaming profit growth will more than offset linear TV declines after years of cord-cutting pressures, which is "an important moment" that signals the end of "a structural headwind that has curtailed Disney share price appreciation to just 20% over the past ten years," the firm tells investors. Management's decision to issue three-year guidance "looks well founded" with a renaissance in content performance and streaming on a more solid footing, Redburn added.</p><p><strong>3. Citi upgrades Carvana to Buy on "dislocation" post short report</strong></p><p>Citi upgraded Carvana (CVNA) to Buy from Neutral with a price target of $277, up from $195. The firm believes Carvana is ramping inventory to meet growing demand and is doing so more efficiently. Citi cites improving new-vehicle supply unlocking used demand and says Carvana inventory is expanding to meet demand. Citi's website tracking suggests Carvana's sales could come in 7% above consensus. The firm reviewed the recent short report on the shares and post Carvana's organizational changes that began in 2022, and believes the company is better positioned across most facets of its organization. With the shares down 22% since the recent highs on December 16, investors should "take advantage of the dislocation in shares," contends Citi.</p><p><strong>Carvana upgraded to Outperform at RBC Capital</strong></p><p>RBC Capital upgraded Carvana to Outperform from Sector Perform with a price target of $280, up from $270. After Carvana's "remarkable turnaround" last year, RBC sees the "controversial pullback" in the shares as an opportunity. The firm's bottom-up cohort analysis implies retail unit upside at Carvana, particularly as supply improves. It believes the company's gross profit per unit levels are largely sustainable, despite recent concerns, and is "intrigued" at Carvana's marketplace opportunity. RBC expects "marginal" balance sheet improvement going forward as the company illuminates a clearer path to real free cash flow.</p><p><strong>4. Autodesk upgraded to Overweight at Piper Sandler</strong></p><p>Piper Sandler upgraded Autodesk (ADSK) to Overweight from Neutral with a price target of $357, up from $311. While the "efficiency narrative" has been building since mid-last year, the post-Q3 pullback in the shares has created an attractive entry point for a stock "that felt a little crowded on the long side" for much of the last six months, the firm tells investors in a research note. Entering 2025, Piper sees a cleaner path for outperformance in the shares, which it believes are less reliant on better revenue growth via cyclical recovery and instead Autodesk-specific margin initiatives.</p><p><strong>5. Wells upgrades Snowflake on favorable position into 2025</strong></p><p>Wells Fargo upgraded Snowflake (SNOW) to Overweight from Equal Weight with a price target of $200, up from $150. The firm says the 2025 setup for software is "showing shades" of 2024, leading to questions around if the sector setting up for another first half of the year pullback or more sustained momentum. Wells' year-end chief investment office survey suggests "incrementally healthier budget growth" in 2025 versus 2024, with 95% of respondents suggesting budget growth in 2025. Snowflake shares appear more favorably positioned heading into 2025, potentially set to benefit from a "budding" product cycle, a possible rotation towards software, and a more attractive entry point with the recent pullback from highs, the firm tells investors in a research note.<br/><br/><strong><u>Top 5 Sell Calls:</u></strong></p><p><strong>1. MoffettNathanson says sell Apple amid "steady drumbeat of bad news"</strong></p><p>MoffettNathanson downgraded Apple (AAPL) to Sell from Neutral with an $188 price target, arguing that despite the "steady melt-up" in Apple shares over the past few months, there has "actually been a steady drumbeat of bad news." The news that the analyst highlights includes a federal Judge having declared the payments Google (GOOGL) makes to Apple each year for default search position to be illegal; Apple's position in China having "steadily weakened;" and the Vision Pro having "disappointed even the low expectations that had been set for it." The incoming Trump Administration is likely to exempt Apple from import tariffs, but there is "a genuine risk" that Apple will be targeted with retaliatory tariffs in countries negatively impacted by U.S. import duties, the firm added. However, more important than any of this bad news, is the lukewarm response consumers have given Apple's first suite of AI features, concludes MoffettNathanson, which calls the outlook for Apple's shares given this challenging backdrop "decidedly unattractive."</p><p><strong>2. HSBC says AMD can't compete with Nvidia in 2025, double downgrades shares</strong></p><p>HSBC downgraded AMD (AMD) to Reduce from Buy with a price target of $110, down from $200. AMD shares price have corrected by 24% in the past three months but there remains further downside, the firm tells investors in a research note. HSBC sees additional downside as it now believes the company's artificial intelligence graphics processing unit roadmap is less competitive than previously thought. HSBC thinks AMD will be able to penetrate the AI GPU market as much as it had earlier anticipated. In particular, the firm sees downside to AMD's AI GPU momentum in the first half of 2025 given "lukewarm demand" for the company's new MI325 GPU. HSBC expects AMD to see lower high-bandwidth memory in MI325 due to Samsung's (SSNLF) ongoing struggles with ramping up its higher spec HBM3e. AMD is unlikely to have an AI rack solution to compete with Nvidia's (NVDA) NVL rack platform until late 2025 or early 2026, the firm says. As such, it lowered its "previous bullish" fiscal 2025 AI GPU revenue forecast from $12.3B to $8.1B, which is significantly below the consensus estimate of $9.5B.</p><p><strong>3. Palo Alto Networks downgraded to Sell at Guggenheim on declining new ARR</strong></p><p>Guggenheim downgraded Palo Alto Networks (PANW) to Sell from Neutral with a $130 price target. The stock is up 40% from its February 21 low of the last year despite the fact that Palo Alto has reported "several questionable" quarters over the last year or more and even though new ARR for the total business has declined in each of the last five quarters, the firm tells investors. While Guggenheim says it understands investors' confidence that management will do "whatever it takes to succeed as the leading market share vendor in cyber security," it cannot help but consider its overall business performance, field checks that indicate subtle softening in momentum over the last year, and expected Federal IT spending moderation, the firm added.</p><p><strong>4. Salesforce downgraded to Sell at Guggenheim after Agentforce-driven rally</strong></p><p>Guggenheim downgraded Salesforce (CRM) to Sell from Neutral with a $247 price target. Salesforce has rallied about 30% in the four months since it introduced Agentforce in late August, notes the firm, which does not believe that Salesforce will meaningfully monetize Agentforce unless it acquires several assets that "have been doing, over the past decade, what Agentforce aspires to do." Salesforce's status as a system of record "gives it staying power, but in our view doesn't give it any advantage in providing AI solutions that require dynamic data with rich context," Guggenheim added.</p><p><strong>5. JPMorgan cuts two air taxi hopefuls to Underweight </strong></p><p>JPMorgan downgraded Joby Aviation (JOBY) and Archer Aviation (ACHR) to Underweight from Neutral. While the stocks are "marginally more de-risked" than the 2023 period, the shares are trading as though type certification has already been successfully completed, the analyst tells investors. The firm believes the fundamental story for both appears to be largely unchanged and "still mostly binary," hinging on certification.</p></body></html>","source":"lsy1666364704704","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Buy/Sell: Wall Street's Top 10 Stock Calls This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBuy/Sell: Wall Street's Top 10 Stock Calls This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-01-12 08:04 GMT+8 <a href=https://thefly.com/landingPageNews.php?id=4049684&headline=TSLA;DIS;CVNA;ADSK;SNOW;AAPL;GOOG;GOOGL;AMD;NVDA;PANW;CRM;JOBY;ACHR-BuySell-Wall-Streets-top--stock-calls-this-week&utm_source=https://thefly.com/&utm_medium=referral&utm_campaign=referral_traffic><strong>thefly</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What has Wall Street been buzzing about this week? Here are the top 5 Buy calls and the top 5 Sell calls made by Wall Street's best analysts during the week of January 6-10.Top 5 Buy Calls:1. New ...</p>\n\n<a href=\"https://thefly.com/landingPageNews.php?id=4049684&headline=TSLA;DIS;CVNA;ADSK;SNOW;AAPL;GOOG;GOOGL;AMD;NVDA;PANW;CRM;JOBY;ACHR-BuySell-Wall-Streets-top--stock-calls-this-week&utm_source=https://thefly.com/&utm_medium=referral&utm_campaign=referral_traffic\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://thefly.com/landingPageNews.php?id=4049684&headline=TSLA;DIS;CVNA;ADSK;SNOW;AAPL;GOOG;GOOGL;AMD;NVDA;PANW;CRM;JOBY;ACHR-BuySell-Wall-Streets-top--stock-calls-this-week&utm_source=https://thefly.com/&utm_medium=referral&utm_campaign=referral_traffic","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158041059","content_text":"What has Wall Street been buzzing about this week? Here are the top 5 Buy calls and the top 5 Sell calls made by Wall Street's best analysts during the week of January 6-10.Top 5 Buy Calls:1. New Street upgrades Tesla to Buy on auto growth, stabilizing marginsNew Street upgraded Tesla (TSLA) to Buy from Neutral with a $460 price target. The company's growth in autos should reaccelerate with the launch of lower-cost models, and its gross margins stabilizing as Tesla \"reduces costs as fast as prices,\" the firm tells investors in a research note. Meanwhile, New Street says Tesla's full self-driving progress is accelerating, which strengthens the view that the company could launch a partially unsupervised version and robotaxi test fleets this year. While the road \"is still long and arduous towards scale deployments,\" the stock price will further reflect the opportunity, contends the firm. New Street sees \"significant long-term upside,\" up to a $4.7 trillion market cap in 2030, if Tesla moves the full self-driving opportunity towards a \"dominant fleet of robotaxi.\" It views the risk/reward of owning the stock as positive.2. Disney upgraded to Buy at Redburn AtlanticRedburn Atlantic upgraded Disney (DIS) to Buy from Neutral with a price target of $147, up from $100. Disney is \"finally\" at a point where streaming profit growth will more than offset linear TV declines after years of cord-cutting pressures, which is \"an important moment\" that signals the end of \"a structural headwind that has curtailed Disney share price appreciation to just 20% over the past ten years,\" the firm tells investors. Management's decision to issue three-year guidance \"looks well founded\" with a renaissance in content performance and streaming on a more solid footing, Redburn added.3. Citi upgrades Carvana to Buy on \"dislocation\" post short reportCiti upgraded Carvana (CVNA) to Buy from Neutral with a price target of $277, up from $195. The firm believes Carvana is ramping inventory to meet growing demand and is doing so more efficiently. Citi cites improving new-vehicle supply unlocking used demand and says Carvana inventory is expanding to meet demand. Citi's website tracking suggests Carvana's sales could come in 7% above consensus. The firm reviewed the recent short report on the shares and post Carvana's organizational changes that began in 2022, and believes the company is better positioned across most facets of its organization. With the shares down 22% since the recent highs on December 16, investors should \"take advantage of the dislocation in shares,\" contends Citi.Carvana upgraded to Outperform at RBC CapitalRBC Capital upgraded Carvana to Outperform from Sector Perform with a price target of $280, up from $270. After Carvana's \"remarkable turnaround\" last year, RBC sees the \"controversial pullback\" in the shares as an opportunity. The firm's bottom-up cohort analysis implies retail unit upside at Carvana, particularly as supply improves. It believes the company's gross profit per unit levels are largely sustainable, despite recent concerns, and is \"intrigued\" at Carvana's marketplace opportunity. RBC expects \"marginal\" balance sheet improvement going forward as the company illuminates a clearer path to real free cash flow.4. Autodesk upgraded to Overweight at Piper SandlerPiper Sandler upgraded Autodesk (ADSK) to Overweight from Neutral with a price target of $357, up from $311. While the \"efficiency narrative\" has been building since mid-last year, the post-Q3 pullback in the shares has created an attractive entry point for a stock \"that felt a little crowded on the long side\" for much of the last six months, the firm tells investors in a research note. Entering 2025, Piper sees a cleaner path for outperformance in the shares, which it believes are less reliant on better revenue growth via cyclical recovery and instead Autodesk-specific margin initiatives.5. Wells upgrades Snowflake on favorable position into 2025Wells Fargo upgraded Snowflake (SNOW) to Overweight from Equal Weight with a price target of $200, up from $150. The firm says the 2025 setup for software is \"showing shades\" of 2024, leading to questions around if the sector setting up for another first half of the year pullback or more sustained momentum. Wells' year-end chief investment office survey suggests \"incrementally healthier budget growth\" in 2025 versus 2024, with 95% of respondents suggesting budget growth in 2025. Snowflake shares appear more favorably positioned heading into 2025, potentially set to benefit from a \"budding\" product cycle, a possible rotation towards software, and a more attractive entry point with the recent pullback from highs, the firm tells investors in a research note.Top 5 Sell Calls:1. MoffettNathanson says sell Apple amid \"steady drumbeat of bad news\"MoffettNathanson downgraded Apple (AAPL) to Sell from Neutral with an $188 price target, arguing that despite the \"steady melt-up\" in Apple shares over the past few months, there has \"actually been a steady drumbeat of bad news.\" The news that the analyst highlights includes a federal Judge having declared the payments Google (GOOGL) makes to Apple each year for default search position to be illegal; Apple's position in China having \"steadily weakened;\" and the Vision Pro having \"disappointed even the low expectations that had been set for it.\" The incoming Trump Administration is likely to exempt Apple from import tariffs, but there is \"a genuine risk\" that Apple will be targeted with retaliatory tariffs in countries negatively impacted by U.S. import duties, the firm added. However, more important than any of this bad news, is the lukewarm response consumers have given Apple's first suite of AI features, concludes MoffettNathanson, which calls the outlook for Apple's shares given this challenging backdrop \"decidedly unattractive.\"2. HSBC says AMD can't compete with Nvidia in 2025, double downgrades sharesHSBC downgraded AMD (AMD) to Reduce from Buy with a price target of $110, down from $200. AMD shares price have corrected by 24% in the past three months but there remains further downside, the firm tells investors in a research note. HSBC sees additional downside as it now believes the company's artificial intelligence graphics processing unit roadmap is less competitive than previously thought. HSBC thinks AMD will be able to penetrate the AI GPU market as much as it had earlier anticipated. In particular, the firm sees downside to AMD's AI GPU momentum in the first half of 2025 given \"lukewarm demand\" for the company's new MI325 GPU. HSBC expects AMD to see lower high-bandwidth memory in MI325 due to Samsung's (SSNLF) ongoing struggles with ramping up its higher spec HBM3e. AMD is unlikely to have an AI rack solution to compete with Nvidia's (NVDA) NVL rack platform until late 2025 or early 2026, the firm says. As such, it lowered its \"previous bullish\" fiscal 2025 AI GPU revenue forecast from $12.3B to $8.1B, which is significantly below the consensus estimate of $9.5B.3. Palo Alto Networks downgraded to Sell at Guggenheim on declining new ARRGuggenheim downgraded Palo Alto Networks (PANW) to Sell from Neutral with a $130 price target. The stock is up 40% from its February 21 low of the last year despite the fact that Palo Alto has reported \"several questionable\" quarters over the last year or more and even though new ARR for the total business has declined in each of the last five quarters, the firm tells investors. While Guggenheim says it understands investors' confidence that management will do \"whatever it takes to succeed as the leading market share vendor in cyber security,\" it cannot help but consider its overall business performance, field checks that indicate subtle softening in momentum over the last year, and expected Federal IT spending moderation, the firm added.4. Salesforce downgraded to Sell at Guggenheim after Agentforce-driven rallyGuggenheim downgraded Salesforce (CRM) to Sell from Neutral with a $247 price target. Salesforce has rallied about 30% in the four months since it introduced Agentforce in late August, notes the firm, which does not believe that Salesforce will meaningfully monetize Agentforce unless it acquires several assets that \"have been doing, over the past decade, what Agentforce aspires to do.\" Salesforce's status as a system of record \"gives it staying power, but in our view doesn't give it any advantage in providing AI solutions that require dynamic data with rich context,\" Guggenheim added.5. JPMorgan cuts two air taxi hopefuls to Underweight JPMorgan downgraded Joby Aviation (JOBY) and Archer Aviation (ACHR) to Underweight from Neutral. While the stocks are \"marginally more de-risked\" than the 2023 period, the shares are trading as though type certification has already been successfully completed, the analyst tells investors. The firm believes the fundamental story for both appears to be largely unchanged and \"still mostly binary,\" hinging on certification.","news_type":1},"isVote":1,"tweetType":1,"viewCount":15,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":302132169126128,"gmtCreate":1714782253095,"gmtModify":1714791991107,"author":{"id":"4095871634657120","authorId":"4095871634657120","name":"Davidetoh","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4095871634657120","idStr":"4095871634657120"},"themes":[],"htmlText":" ","listText":" ","text":"","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/302132169126128","repostId":"1111620438","repostType":2,"repost":{"id":"1111620438","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1714777639,"share":"https://ttm.financial/m/news/1111620438?lang=&edition=fundamental","pubTime":"2024-05-04 07:07","market":"us","language":"en","title":"Post-Bell | Nasdaq Adds 2% As Jobs Data Strengthens Rate Cuts Hopes; Apple Rallies 6%","url":"https://stock-news.laohu8.com/highlight/detail?id=1111620438","media":"Tiger Newspress","summary":"Wall Street surged to a higher close on Friday as a softer-than-expected employment report bolstered the case for rate cuts from the Federal Reserve while also providing evidence of U.S. economic resi","content":"<html><head></head><body><p>Wall Street surged to a higher close on Friday as a softer-than-expected employment report bolstered the case for rate cuts from the Federal Reserve while also providing evidence of U.S. economic resilience.</p><p>All three major U.S. stock posted robust gains. The tech-heavy Nasdaq led the pack, rising 2% with an assist from Apple shares following the iPhone maker's record share buyback announcement.</p><h2 id=\"id_966889051\">Market Snapshot</h2><p>The Dow Jones Industrial Average rose 450.02 points, or 1.18%, to 38,675.68. The S&P 500 gained 63.59 points, or 1.26%, at 5,127.79 and the Nasdaq Composite added 315.37 points, or 1.99%, at 16,156.33.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/662454d8f42091773972ed8ead1e25ec\" title=\"\" tg-width=\"946\" tg-height=\"148\"/></p><h2 id=\"id_215835447\">Market Movers</h2><p><a href=\"https://laohu8.com/S/AAPL\">Apple</a> — The tech giant jumped around 6% after announcing it would repurchase $110 billion in shares. Apple also posted beats on the top and bottom lines, reporting fiscal second-quarter earnings of $1.53 per share on $90.75 billion in revenue. That topped analysts’ estimates for earnings of $1.50 per share on revenue of $90.01 billion, per LSEG.</p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/SQ\">Block</a> — The payment services provider slipped more than 1% despite posting first-quarter results that beat analysts’ expectations. Block reported adjusted earnings of 85 cents per share on revenue of $5.96 billion, which exceeded the earnings of 72 cents per share on revenue of $5.82 billion that analysts polled by LSEG had expected.</p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/LYV\">Live Nation Entertainment</a> — Shares jumped 7.2% on the back of better-than-expected first-quarter revenue. Management said it expects a strong stadium year in 2025 and continued growth in concert attendance. </p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/EXPE\">Expedia</a> — Shares tumbled 15.3% after the online travel booking company lowered its full-year guidance, pointing to weakness in its vacation rentals segment, Vrbo. Wall Street firms, including Piper Sandler and BMO Capital Markets, downgraded Expedia following the report.</p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/DVA\">DaVita</a> — Shares of the health-care provider dropped 5.5% despite posting a beat on top- and bottom-line estimates and slightly raising its earnings guidance for the year. The stock on Thursday had posted first-quarter adjusted earnings of $2.38 per share on $3.07 billion in revenue, while analysts polled by FactSet had called for earnings of $1.95 per share on revenue of $3.03 billion.</p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/BKNG\">Booking Holdings</a> — The online travel booking company advanced 1.6% after reporting first-quarter results that topped analysts’ expectations, bolstered by the earlier Easter vacation cycle this year. The company said consumer demand remains strong overall, but noted risks from geopolitical tensions. </p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/RNA\">Avidity Biosciences</a> — Shares popped more than 8% on the back of a bullish Bank of America call. The firm initiated coverage at a buy rating and called for potential upside of 56% from Thursday’s close, citing Avidity’s strong pipeline for rare muscle disorder treatments. </p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/AMGN\">Amgen</a> — The biotech company rallied 11.8% after reporting a beat on both top and bottom lines in the first quarter. The company also announced it would proceed with its injectable obesity drug into a phase 3 trial. Simultaneously, shares of Novo Nordisk and Eli Lilly traded down roughly 1% and 2% each, respectively. </p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/NET\">Cloudflare</a> — The stock plunged 16.4% on the back of issuing weak full-year guidance, despite posting a first-quarter adjusted earnings and revenue beat.</p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/ANET\">Arista Networks</a> — The cloud networking company rallied more than 3% after Jefferies upgraded the stock to a buy rating from hold. The bank forecasts Arista becoming a “prime AI beneficiary.”</p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/FTNT\">Fortinet</a> — The security stock lost more than 8% after the midpoint of its second-quarter billings forecast came in lighter than analysts had expected. However, the company beat analysts’ expectations for the first quarter.</p><h2 id=\"id_3378142872\">Market News</h2><h3 id=\"id_3200659320\">U.S. Job Growth Totaled 175,000 in April, Much Less Than Expected</h3><p>U.S. job growth slowed more than expected in April and annual wage gains cooled, but it is probably too early to expect that the Federal Reserve will start cutting interest rates before September as the labor market remains fairly tight.</p><p>Nonfarm payrolls increased by 175,000 jobs last month, the Labor Department's Bureau of Statistics said in its closely watched employment report on Friday. Data for March was revised up to show payrolls rising by 315,000 jobs instead of 303,000 as previously reported.</p><p>Economists polled by Reuters had forecast payrolls advancing by 243,000. Estimates ranged from 150,000 to 280,000. The unemployment rate rose to 3.9% from 3.8%, still staying below 4% for the 27th straight month.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Post-Bell | Nasdaq Adds 2% As Jobs Data Strengthens Rate Cuts Hopes; Apple Rallies 6%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPost-Bell | Nasdaq Adds 2% As Jobs Data Strengthens Rate Cuts Hopes; Apple Rallies 6%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-05-04 07:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Wall Street surged to a higher close on Friday as a softer-than-expected employment report bolstered the case for rate cuts from the Federal Reserve while also providing evidence of U.S. economic resilience.</p><p>All three major U.S. stock posted robust gains. The tech-heavy Nasdaq led the pack, rising 2% with an assist from Apple shares following the iPhone maker's record share buyback announcement.</p><h2 id=\"id_966889051\">Market Snapshot</h2><p>The Dow Jones Industrial Average rose 450.02 points, or 1.18%, to 38,675.68. The S&P 500 gained 63.59 points, or 1.26%, at 5,127.79 and the Nasdaq Composite added 315.37 points, or 1.99%, at 16,156.33.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/662454d8f42091773972ed8ead1e25ec\" title=\"\" tg-width=\"946\" tg-height=\"148\"/></p><h2 id=\"id_215835447\">Market Movers</h2><p><a href=\"https://laohu8.com/S/AAPL\">Apple</a> — The tech giant jumped around 6% after announcing it would repurchase $110 billion in shares. Apple also posted beats on the top and bottom lines, reporting fiscal second-quarter earnings of $1.53 per share on $90.75 billion in revenue. That topped analysts’ estimates for earnings of $1.50 per share on revenue of $90.01 billion, per LSEG.</p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/SQ\">Block</a> — The payment services provider slipped more than 1% despite posting first-quarter results that beat analysts’ expectations. Block reported adjusted earnings of 85 cents per share on revenue of $5.96 billion, which exceeded the earnings of 72 cents per share on revenue of $5.82 billion that analysts polled by LSEG had expected.</p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/LYV\">Live Nation Entertainment</a> — Shares jumped 7.2% on the back of better-than-expected first-quarter revenue. Management said it expects a strong stadium year in 2025 and continued growth in concert attendance. </p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/EXPE\">Expedia</a> — Shares tumbled 15.3% after the online travel booking company lowered its full-year guidance, pointing to weakness in its vacation rentals segment, Vrbo. Wall Street firms, including Piper Sandler and BMO Capital Markets, downgraded Expedia following the report.</p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/DVA\">DaVita</a> — Shares of the health-care provider dropped 5.5% despite posting a beat on top- and bottom-line estimates and slightly raising its earnings guidance for the year. The stock on Thursday had posted first-quarter adjusted earnings of $2.38 per share on $3.07 billion in revenue, while analysts polled by FactSet had called for earnings of $1.95 per share on revenue of $3.03 billion.</p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/BKNG\">Booking Holdings</a> — The online travel booking company advanced 1.6% after reporting first-quarter results that topped analysts’ expectations, bolstered by the earlier Easter vacation cycle this year. The company said consumer demand remains strong overall, but noted risks from geopolitical tensions. </p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/RNA\">Avidity Biosciences</a> — Shares popped more than 8% on the back of a bullish Bank of America call. The firm initiated coverage at a buy rating and called for potential upside of 56% from Thursday’s close, citing Avidity’s strong pipeline for rare muscle disorder treatments. </p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/AMGN\">Amgen</a> — The biotech company rallied 11.8% after reporting a beat on both top and bottom lines in the first quarter. The company also announced it would proceed with its injectable obesity drug into a phase 3 trial. Simultaneously, shares of Novo Nordisk and Eli Lilly traded down roughly 1% and 2% each, respectively. </p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/NET\">Cloudflare</a> — The stock plunged 16.4% on the back of issuing weak full-year guidance, despite posting a first-quarter adjusted earnings and revenue beat.</p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/ANET\">Arista Networks</a> — The cloud networking company rallied more than 3% after Jefferies upgraded the stock to a buy rating from hold. The bank forecasts Arista becoming a “prime AI beneficiary.”</p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/FTNT\">Fortinet</a> — The security stock lost more than 8% after the midpoint of its second-quarter billings forecast came in lighter than analysts had expected. However, the company beat analysts’ expectations for the first quarter.</p><h2 id=\"id_3378142872\">Market News</h2><h3 id=\"id_3200659320\">U.S. Job Growth Totaled 175,000 in April, Much Less Than Expected</h3><p>U.S. job growth slowed more than expected in April and annual wage gains cooled, but it is probably too early to expect that the Federal Reserve will start cutting interest rates before September as the labor market remains fairly tight.</p><p>Nonfarm payrolls increased by 175,000 jobs last month, the Labor Department's Bureau of Statistics said in its closely watched employment report on Friday. Data for March was revised up to show payrolls rising by 315,000 jobs instead of 303,000 as previously reported.</p><p>Economists polled by Reuters had forecast payrolls advancing by 243,000. Estimates ranged from 150,000 to 280,000. The unemployment rate rose to 3.9% from 3.8%, still staying below 4% for the 27th straight month.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1111620438","content_text":"Wall Street surged to a higher close on Friday as a softer-than-expected employment report bolstered the case for rate cuts from the Federal Reserve while also providing evidence of U.S. economic resilience.All three major U.S. stock posted robust gains. The tech-heavy Nasdaq led the pack, rising 2% with an assist from Apple shares following the iPhone maker's record share buyback announcement.Market SnapshotThe Dow Jones Industrial Average rose 450.02 points, or 1.18%, to 38,675.68. The S&P 500 gained 63.59 points, or 1.26%, at 5,127.79 and the Nasdaq Composite added 315.37 points, or 1.99%, at 16,156.33.Market MoversApple — The tech giant jumped around 6% after announcing it would repurchase $110 billion in shares. Apple also posted beats on the top and bottom lines, reporting fiscal second-quarter earnings of $1.53 per share on $90.75 billion in revenue. That topped analysts’ estimates for earnings of $1.50 per share on revenue of $90.01 billion, per LSEG.Block — The payment services provider slipped more than 1% despite posting first-quarter results that beat analysts’ expectations. Block reported adjusted earnings of 85 cents per share on revenue of $5.96 billion, which exceeded the earnings of 72 cents per share on revenue of $5.82 billion that analysts polled by LSEG had expected.Live Nation Entertainment — Shares jumped 7.2% on the back of better-than-expected first-quarter revenue. Management said it expects a strong stadium year in 2025 and continued growth in concert attendance. Expedia — Shares tumbled 15.3% after the online travel booking company lowered its full-year guidance, pointing to weakness in its vacation rentals segment, Vrbo. Wall Street firms, including Piper Sandler and BMO Capital Markets, downgraded Expedia following the report.DaVita — Shares of the health-care provider dropped 5.5% despite posting a beat on top- and bottom-line estimates and slightly raising its earnings guidance for the year. The stock on Thursday had posted first-quarter adjusted earnings of $2.38 per share on $3.07 billion in revenue, while analysts polled by FactSet had called for earnings of $1.95 per share on revenue of $3.03 billion.Booking Holdings — The online travel booking company advanced 1.6% after reporting first-quarter results that topped analysts’ expectations, bolstered by the earlier Easter vacation cycle this year. The company said consumer demand remains strong overall, but noted risks from geopolitical tensions. Avidity Biosciences — Shares popped more than 8% on the back of a bullish Bank of America call. The firm initiated coverage at a buy rating and called for potential upside of 56% from Thursday’s close, citing Avidity’s strong pipeline for rare muscle disorder treatments. Amgen — The biotech company rallied 11.8% after reporting a beat on both top and bottom lines in the first quarter. The company also announced it would proceed with its injectable obesity drug into a phase 3 trial. Simultaneously, shares of Novo Nordisk and Eli Lilly traded down roughly 1% and 2% each, respectively. Cloudflare — The stock plunged 16.4% on the back of issuing weak full-year guidance, despite posting a first-quarter adjusted earnings and revenue beat.Arista Networks — The cloud networking company rallied more than 3% after Jefferies upgraded the stock to a buy rating from hold. The bank forecasts Arista becoming a “prime AI beneficiary.”Fortinet — The security stock lost more than 8% after the midpoint of its second-quarter billings forecast came in lighter than analysts had expected. However, the company beat analysts’ expectations for the first quarter.Market NewsU.S. Job Growth Totaled 175,000 in April, Much Less Than ExpectedU.S. job growth slowed more than expected in April and annual wage gains cooled, but it is probably too early to expect that the Federal Reserve will start cutting interest rates before September as the labor market remains fairly tight.Nonfarm payrolls increased by 175,000 jobs last month, the Labor Department's Bureau of Statistics said in its closely watched employment report on Friday. Data for March was revised up to show payrolls rising by 315,000 jobs instead of 303,000 as previously reported.Economists polled by Reuters had forecast payrolls advancing by 243,000. Estimates ranged from 150,000 to 280,000. The unemployment rate rose to 3.9% from 3.8%, still staying below 4% for the 27th straight month.","news_type":1},"isVote":1,"tweetType":1,"viewCount":286,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":391613880578464,"gmtCreate":1736641331519,"gmtModify":1736642087356,"author":{"id":"4095871634657120","authorId":"4095871634657120","name":"Davidetoh","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4095871634657120","authorIdStr":"4095871634657120"},"themes":[],"htmlText":". .uu","listText":". .uu","text":". .uu","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/391613880578464","repostId":"1158041059","repostType":2,"repost":{"id":"1158041059","kind":"news","pubTimestamp":1736640290,"share":"https://ttm.financial/m/news/1158041059?lang=&edition=fundamental","pubTime":"2025-01-12 08:04","market":"us","language":"en","title":"Buy/Sell: Wall Street's Top 10 Stock Calls This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1158041059","media":"thefly","summary":"What has Wall Street been buzzing about this week?","content":"<html><head></head><body><p>What has Wall Street been buzzing about this week? Here are the top 5 Buy calls and the top 5 Sell calls made by Wall Street's best analysts during the week of January 6-10.<br/><br/><strong><u>Top 5 Buy Calls:</u></strong></p><p><strong>1. New Street upgrades Tesla to Buy on auto growth, stabilizing margins</strong></p><p>New Street upgraded Tesla (TSLA) to Buy from Neutral with a $460 price target. The company's growth in autos should reaccelerate with the launch of lower-cost models, and its gross margins stabilizing as Tesla "reduces costs as fast as prices," the firm tells investors in a research note. Meanwhile, New Street says Tesla's full self-driving progress is accelerating, which strengthens the view that the company could launch a partially unsupervised version and robotaxi test fleets this year. While the road "is still long and arduous towards scale deployments," the stock price will further reflect the opportunity, contends the firm. New Street sees "significant long-term upside," up to a $4.7 trillion market cap in 2030, if Tesla moves the full self-driving opportunity towards a "dominant fleet of robotaxi." It views the risk/reward of owning the stock as positive.</p><p><strong>2. Disney upgraded to Buy at Redburn Atlantic</strong></p><p>Redburn Atlantic upgraded Disney (DIS) to Buy from Neutral with a price target of $147, up from $100. Disney is "finally" at a point where streaming profit growth will more than offset linear TV declines after years of cord-cutting pressures, which is "an important moment" that signals the end of "a structural headwind that has curtailed Disney share price appreciation to just 20% over the past ten years," the firm tells investors. Management's decision to issue three-year guidance "looks well founded" with a renaissance in content performance and streaming on a more solid footing, Redburn added.</p><p><strong>3. Citi upgrades Carvana to Buy on "dislocation" post short report</strong></p><p>Citi upgraded Carvana (CVNA) to Buy from Neutral with a price target of $277, up from $195. The firm believes Carvana is ramping inventory to meet growing demand and is doing so more efficiently. Citi cites improving new-vehicle supply unlocking used demand and says Carvana inventory is expanding to meet demand. Citi's website tracking suggests Carvana's sales could come in 7% above consensus. The firm reviewed the recent short report on the shares and post Carvana's organizational changes that began in 2022, and believes the company is better positioned across most facets of its organization. With the shares down 22% since the recent highs on December 16, investors should "take advantage of the dislocation in shares," contends Citi.</p><p><strong>Carvana upgraded to Outperform at RBC Capital</strong></p><p>RBC Capital upgraded Carvana to Outperform from Sector Perform with a price target of $280, up from $270. After Carvana's "remarkable turnaround" last year, RBC sees the "controversial pullback" in the shares as an opportunity. The firm's bottom-up cohort analysis implies retail unit upside at Carvana, particularly as supply improves. It believes the company's gross profit per unit levels are largely sustainable, despite recent concerns, and is "intrigued" at Carvana's marketplace opportunity. RBC expects "marginal" balance sheet improvement going forward as the company illuminates a clearer path to real free cash flow.</p><p><strong>4. Autodesk upgraded to Overweight at Piper Sandler</strong></p><p>Piper Sandler upgraded Autodesk (ADSK) to Overweight from Neutral with a price target of $357, up from $311. While the "efficiency narrative" has been building since mid-last year, the post-Q3 pullback in the shares has created an attractive entry point for a stock "that felt a little crowded on the long side" for much of the last six months, the firm tells investors in a research note. Entering 2025, Piper sees a cleaner path for outperformance in the shares, which it believes are less reliant on better revenue growth via cyclical recovery and instead Autodesk-specific margin initiatives.</p><p><strong>5. Wells upgrades Snowflake on favorable position into 2025</strong></p><p>Wells Fargo upgraded Snowflake (SNOW) to Overweight from Equal Weight with a price target of $200, up from $150. The firm says the 2025 setup for software is "showing shades" of 2024, leading to questions around if the sector setting up for another first half of the year pullback or more sustained momentum. Wells' year-end chief investment office survey suggests "incrementally healthier budget growth" in 2025 versus 2024, with 95% of respondents suggesting budget growth in 2025. Snowflake shares appear more favorably positioned heading into 2025, potentially set to benefit from a "budding" product cycle, a possible rotation towards software, and a more attractive entry point with the recent pullback from highs, the firm tells investors in a research note.<br/><br/><strong><u>Top 5 Sell Calls:</u></strong></p><p><strong>1. MoffettNathanson says sell Apple amid "steady drumbeat of bad news"</strong></p><p>MoffettNathanson downgraded Apple (AAPL) to Sell from Neutral with an $188 price target, arguing that despite the "steady melt-up" in Apple shares over the past few months, there has "actually been a steady drumbeat of bad news." The news that the analyst highlights includes a federal Judge having declared the payments Google (GOOGL) makes to Apple each year for default search position to be illegal; Apple's position in China having "steadily weakened;" and the Vision Pro having "disappointed even the low expectations that had been set for it." The incoming Trump Administration is likely to exempt Apple from import tariffs, but there is "a genuine risk" that Apple will be targeted with retaliatory tariffs in countries negatively impacted by U.S. import duties, the firm added. However, more important than any of this bad news, is the lukewarm response consumers have given Apple's first suite of AI features, concludes MoffettNathanson, which calls the outlook for Apple's shares given this challenging backdrop "decidedly unattractive."</p><p><strong>2. HSBC says AMD can't compete with Nvidia in 2025, double downgrades shares</strong></p><p>HSBC downgraded AMD (AMD) to Reduce from Buy with a price target of $110, down from $200. AMD shares price have corrected by 24% in the past three months but there remains further downside, the firm tells investors in a research note. HSBC sees additional downside as it now believes the company's artificial intelligence graphics processing unit roadmap is less competitive than previously thought. HSBC thinks AMD will be able to penetrate the AI GPU market as much as it had earlier anticipated. In particular, the firm sees downside to AMD's AI GPU momentum in the first half of 2025 given "lukewarm demand" for the company's new MI325 GPU. HSBC expects AMD to see lower high-bandwidth memory in MI325 due to Samsung's (SSNLF) ongoing struggles with ramping up its higher spec HBM3e. AMD is unlikely to have an AI rack solution to compete with Nvidia's (NVDA) NVL rack platform until late 2025 or early 2026, the firm says. As such, it lowered its "previous bullish" fiscal 2025 AI GPU revenue forecast from $12.3B to $8.1B, which is significantly below the consensus estimate of $9.5B.</p><p><strong>3. Palo Alto Networks downgraded to Sell at Guggenheim on declining new ARR</strong></p><p>Guggenheim downgraded Palo Alto Networks (PANW) to Sell from Neutral with a $130 price target. The stock is up 40% from its February 21 low of the last year despite the fact that Palo Alto has reported "several questionable" quarters over the last year or more and even though new ARR for the total business has declined in each of the last five quarters, the firm tells investors. While Guggenheim says it understands investors' confidence that management will do "whatever it takes to succeed as the leading market share vendor in cyber security," it cannot help but consider its overall business performance, field checks that indicate subtle softening in momentum over the last year, and expected Federal IT spending moderation, the firm added.</p><p><strong>4. Salesforce downgraded to Sell at Guggenheim after Agentforce-driven rally</strong></p><p>Guggenheim downgraded Salesforce (CRM) to Sell from Neutral with a $247 price target. Salesforce has rallied about 30% in the four months since it introduced Agentforce in late August, notes the firm, which does not believe that Salesforce will meaningfully monetize Agentforce unless it acquires several assets that "have been doing, over the past decade, what Agentforce aspires to do." Salesforce's status as a system of record "gives it staying power, but in our view doesn't give it any advantage in providing AI solutions that require dynamic data with rich context," Guggenheim added.</p><p><strong>5. JPMorgan cuts two air taxi hopefuls to Underweight </strong></p><p>JPMorgan downgraded Joby Aviation (JOBY) and Archer Aviation (ACHR) to Underweight from Neutral. While the stocks are "marginally more de-risked" than the 2023 period, the shares are trading as though type certification has already been successfully completed, the analyst tells investors. The firm believes the fundamental story for both appears to be largely unchanged and "still mostly binary," hinging on certification.</p></body></html>","source":"lsy1666364704704","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Buy/Sell: Wall Street's Top 10 Stock Calls This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBuy/Sell: Wall Street's Top 10 Stock Calls This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-01-12 08:04 GMT+8 <a href=https://thefly.com/landingPageNews.php?id=4049684&headline=TSLA;DIS;CVNA;ADSK;SNOW;AAPL;GOOG;GOOGL;AMD;NVDA;PANW;CRM;JOBY;ACHR-BuySell-Wall-Streets-top--stock-calls-this-week&utm_source=https://thefly.com/&utm_medium=referral&utm_campaign=referral_traffic><strong>thefly</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What has Wall Street been buzzing about this week? Here are the top 5 Buy calls and the top 5 Sell calls made by Wall Street's best analysts during the week of January 6-10.Top 5 Buy Calls:1. New ...</p>\n\n<a href=\"https://thefly.com/landingPageNews.php?id=4049684&headline=TSLA;DIS;CVNA;ADSK;SNOW;AAPL;GOOG;GOOGL;AMD;NVDA;PANW;CRM;JOBY;ACHR-BuySell-Wall-Streets-top--stock-calls-this-week&utm_source=https://thefly.com/&utm_medium=referral&utm_campaign=referral_traffic\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://thefly.com/landingPageNews.php?id=4049684&headline=TSLA;DIS;CVNA;ADSK;SNOW;AAPL;GOOG;GOOGL;AMD;NVDA;PANW;CRM;JOBY;ACHR-BuySell-Wall-Streets-top--stock-calls-this-week&utm_source=https://thefly.com/&utm_medium=referral&utm_campaign=referral_traffic","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158041059","content_text":"What has Wall Street been buzzing about this week? Here are the top 5 Buy calls and the top 5 Sell calls made by Wall Street's best analysts during the week of January 6-10.Top 5 Buy Calls:1. New Street upgrades Tesla to Buy on auto growth, stabilizing marginsNew Street upgraded Tesla (TSLA) to Buy from Neutral with a $460 price target. The company's growth in autos should reaccelerate with the launch of lower-cost models, and its gross margins stabilizing as Tesla \"reduces costs as fast as prices,\" the firm tells investors in a research note. Meanwhile, New Street says Tesla's full self-driving progress is accelerating, which strengthens the view that the company could launch a partially unsupervised version and robotaxi test fleets this year. While the road \"is still long and arduous towards scale deployments,\" the stock price will further reflect the opportunity, contends the firm. New Street sees \"significant long-term upside,\" up to a $4.7 trillion market cap in 2030, if Tesla moves the full self-driving opportunity towards a \"dominant fleet of robotaxi.\" It views the risk/reward of owning the stock as positive.2. Disney upgraded to Buy at Redburn AtlanticRedburn Atlantic upgraded Disney (DIS) to Buy from Neutral with a price target of $147, up from $100. Disney is \"finally\" at a point where streaming profit growth will more than offset linear TV declines after years of cord-cutting pressures, which is \"an important moment\" that signals the end of \"a structural headwind that has curtailed Disney share price appreciation to just 20% over the past ten years,\" the firm tells investors. Management's decision to issue three-year guidance \"looks well founded\" with a renaissance in content performance and streaming on a more solid footing, Redburn added.3. Citi upgrades Carvana to Buy on \"dislocation\" post short reportCiti upgraded Carvana (CVNA) to Buy from Neutral with a price target of $277, up from $195. The firm believes Carvana is ramping inventory to meet growing demand and is doing so more efficiently. Citi cites improving new-vehicle supply unlocking used demand and says Carvana inventory is expanding to meet demand. Citi's website tracking suggests Carvana's sales could come in 7% above consensus. The firm reviewed the recent short report on the shares and post Carvana's organizational changes that began in 2022, and believes the company is better positioned across most facets of its organization. With the shares down 22% since the recent highs on December 16, investors should \"take advantage of the dislocation in shares,\" contends Citi.Carvana upgraded to Outperform at RBC CapitalRBC Capital upgraded Carvana to Outperform from Sector Perform with a price target of $280, up from $270. After Carvana's \"remarkable turnaround\" last year, RBC sees the \"controversial pullback\" in the shares as an opportunity. The firm's bottom-up cohort analysis implies retail unit upside at Carvana, particularly as supply improves. It believes the company's gross profit per unit levels are largely sustainable, despite recent concerns, and is \"intrigued\" at Carvana's marketplace opportunity. RBC expects \"marginal\" balance sheet improvement going forward as the company illuminates a clearer path to real free cash flow.4. Autodesk upgraded to Overweight at Piper SandlerPiper Sandler upgraded Autodesk (ADSK) to Overweight from Neutral with a price target of $357, up from $311. While the \"efficiency narrative\" has been building since mid-last year, the post-Q3 pullback in the shares has created an attractive entry point for a stock \"that felt a little crowded on the long side\" for much of the last six months, the firm tells investors in a research note. Entering 2025, Piper sees a cleaner path for outperformance in the shares, which it believes are less reliant on better revenue growth via cyclical recovery and instead Autodesk-specific margin initiatives.5. Wells upgrades Snowflake on favorable position into 2025Wells Fargo upgraded Snowflake (SNOW) to Overweight from Equal Weight with a price target of $200, up from $150. The firm says the 2025 setup for software is \"showing shades\" of 2024, leading to questions around if the sector setting up for another first half of the year pullback or more sustained momentum. Wells' year-end chief investment office survey suggests \"incrementally healthier budget growth\" in 2025 versus 2024, with 95% of respondents suggesting budget growth in 2025. Snowflake shares appear more favorably positioned heading into 2025, potentially set to benefit from a \"budding\" product cycle, a possible rotation towards software, and a more attractive entry point with the recent pullback from highs, the firm tells investors in a research note.Top 5 Sell Calls:1. MoffettNathanson says sell Apple amid \"steady drumbeat of bad news\"MoffettNathanson downgraded Apple (AAPL) to Sell from Neutral with an $188 price target, arguing that despite the \"steady melt-up\" in Apple shares over the past few months, there has \"actually been a steady drumbeat of bad news.\" The news that the analyst highlights includes a federal Judge having declared the payments Google (GOOGL) makes to Apple each year for default search position to be illegal; Apple's position in China having \"steadily weakened;\" and the Vision Pro having \"disappointed even the low expectations that had been set for it.\" The incoming Trump Administration is likely to exempt Apple from import tariffs, but there is \"a genuine risk\" that Apple will be targeted with retaliatory tariffs in countries negatively impacted by U.S. import duties, the firm added. However, more important than any of this bad news, is the lukewarm response consumers have given Apple's first suite of AI features, concludes MoffettNathanson, which calls the outlook for Apple's shares given this challenging backdrop \"decidedly unattractive.\"2. HSBC says AMD can't compete with Nvidia in 2025, double downgrades sharesHSBC downgraded AMD (AMD) to Reduce from Buy with a price target of $110, down from $200. AMD shares price have corrected by 24% in the past three months but there remains further downside, the firm tells investors in a research note. HSBC sees additional downside as it now believes the company's artificial intelligence graphics processing unit roadmap is less competitive than previously thought. HSBC thinks AMD will be able to penetrate the AI GPU market as much as it had earlier anticipated. In particular, the firm sees downside to AMD's AI GPU momentum in the first half of 2025 given \"lukewarm demand\" for the company's new MI325 GPU. HSBC expects AMD to see lower high-bandwidth memory in MI325 due to Samsung's (SSNLF) ongoing struggles with ramping up its higher spec HBM3e. AMD is unlikely to have an AI rack solution to compete with Nvidia's (NVDA) NVL rack platform until late 2025 or early 2026, the firm says. As such, it lowered its \"previous bullish\" fiscal 2025 AI GPU revenue forecast from $12.3B to $8.1B, which is significantly below the consensus estimate of $9.5B.3. Palo Alto Networks downgraded to Sell at Guggenheim on declining new ARRGuggenheim downgraded Palo Alto Networks (PANW) to Sell from Neutral with a $130 price target. The stock is up 40% from its February 21 low of the last year despite the fact that Palo Alto has reported \"several questionable\" quarters over the last year or more and even though new ARR for the total business has declined in each of the last five quarters, the firm tells investors. While Guggenheim says it understands investors' confidence that management will do \"whatever it takes to succeed as the leading market share vendor in cyber security,\" it cannot help but consider its overall business performance, field checks that indicate subtle softening in momentum over the last year, and expected Federal IT spending moderation, the firm added.4. Salesforce downgraded to Sell at Guggenheim after Agentforce-driven rallyGuggenheim downgraded Salesforce (CRM) to Sell from Neutral with a $247 price target. Salesforce has rallied about 30% in the four months since it introduced Agentforce in late August, notes the firm, which does not believe that Salesforce will meaningfully monetize Agentforce unless it acquires several assets that \"have been doing, over the past decade, what Agentforce aspires to do.\" Salesforce's status as a system of record \"gives it staying power, but in our view doesn't give it any advantage in providing AI solutions that require dynamic data with rich context,\" Guggenheim added.5. JPMorgan cuts two air taxi hopefuls to Underweight JPMorgan downgraded Joby Aviation (JOBY) and Archer Aviation (ACHR) to Underweight from Neutral. While the stocks are \"marginally more de-risked\" than the 2023 period, the shares are trading as though type certification has already been successfully completed, the analyst tells investors. The firm believes the fundamental story for both appears to be largely unchanged and \"still mostly binary,\" hinging on certification.","news_type":1},"isVote":1,"tweetType":1,"viewCount":15,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":302132169126128,"gmtCreate":1714782253095,"gmtModify":1714791991107,"author":{"id":"4095871634657120","authorId":"4095871634657120","name":"Davidetoh","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4095871634657120","authorIdStr":"4095871634657120"},"themes":[],"htmlText":" ","listText":" ","text":"","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/302132169126128","repostId":"1111620438","repostType":2,"repost":{"id":"1111620438","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1714777639,"share":"https://ttm.financial/m/news/1111620438?lang=&edition=fundamental","pubTime":"2024-05-04 07:07","market":"us","language":"en","title":"Post-Bell | Nasdaq Adds 2% As Jobs Data Strengthens Rate Cuts Hopes; Apple Rallies 6%","url":"https://stock-news.laohu8.com/highlight/detail?id=1111620438","media":"Tiger Newspress","summary":"Wall Street surged to a higher close on Friday as a softer-than-expected employment report bolstered the case for rate cuts from the Federal Reserve while also providing evidence of U.S. economic resi","content":"<html><head></head><body><p>Wall Street surged to a higher close on Friday as a softer-than-expected employment report bolstered the case for rate cuts from the Federal Reserve while also providing evidence of U.S. economic resilience.</p><p>All three major U.S. stock posted robust gains. The tech-heavy Nasdaq led the pack, rising 2% with an assist from Apple shares following the iPhone maker's record share buyback announcement.</p><h2 id=\"id_966889051\">Market Snapshot</h2><p>The Dow Jones Industrial Average rose 450.02 points, or 1.18%, to 38,675.68. The S&P 500 gained 63.59 points, or 1.26%, at 5,127.79 and the Nasdaq Composite added 315.37 points, or 1.99%, at 16,156.33.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/662454d8f42091773972ed8ead1e25ec\" title=\"\" tg-width=\"946\" tg-height=\"148\"/></p><h2 id=\"id_215835447\">Market Movers</h2><p><a href=\"https://laohu8.com/S/AAPL\">Apple</a> — The tech giant jumped around 6% after announcing it would repurchase $110 billion in shares. Apple also posted beats on the top and bottom lines, reporting fiscal second-quarter earnings of $1.53 per share on $90.75 billion in revenue. That topped analysts’ estimates for earnings of $1.50 per share on revenue of $90.01 billion, per LSEG.</p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/SQ\">Block</a> — The payment services provider slipped more than 1% despite posting first-quarter results that beat analysts’ expectations. Block reported adjusted earnings of 85 cents per share on revenue of $5.96 billion, which exceeded the earnings of 72 cents per share on revenue of $5.82 billion that analysts polled by LSEG had expected.</p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/LYV\">Live Nation Entertainment</a> — Shares jumped 7.2% on the back of better-than-expected first-quarter revenue. Management said it expects a strong stadium year in 2025 and continued growth in concert attendance. </p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/EXPE\">Expedia</a> — Shares tumbled 15.3% after the online travel booking company lowered its full-year guidance, pointing to weakness in its vacation rentals segment, Vrbo. Wall Street firms, including Piper Sandler and BMO Capital Markets, downgraded Expedia following the report.</p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/DVA\">DaVita</a> — Shares of the health-care provider dropped 5.5% despite posting a beat on top- and bottom-line estimates and slightly raising its earnings guidance for the year. The stock on Thursday had posted first-quarter adjusted earnings of $2.38 per share on $3.07 billion in revenue, while analysts polled by FactSet had called for earnings of $1.95 per share on revenue of $3.03 billion.</p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/BKNG\">Booking Holdings</a> — The online travel booking company advanced 1.6% after reporting first-quarter results that topped analysts’ expectations, bolstered by the earlier Easter vacation cycle this year. The company said consumer demand remains strong overall, but noted risks from geopolitical tensions. </p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/RNA\">Avidity Biosciences</a> — Shares popped more than 8% on the back of a bullish Bank of America call. The firm initiated coverage at a buy rating and called for potential upside of 56% from Thursday’s close, citing Avidity’s strong pipeline for rare muscle disorder treatments. </p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/AMGN\">Amgen</a> — The biotech company rallied 11.8% after reporting a beat on both top and bottom lines in the first quarter. The company also announced it would proceed with its injectable obesity drug into a phase 3 trial. Simultaneously, shares of Novo Nordisk and Eli Lilly traded down roughly 1% and 2% each, respectively. </p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/NET\">Cloudflare</a> — The stock plunged 16.4% on the back of issuing weak full-year guidance, despite posting a first-quarter adjusted earnings and revenue beat.</p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/ANET\">Arista Networks</a> — The cloud networking company rallied more than 3% after Jefferies upgraded the stock to a buy rating from hold. The bank forecasts Arista becoming a “prime AI beneficiary.”</p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/FTNT\">Fortinet</a> — The security stock lost more than 8% after the midpoint of its second-quarter billings forecast came in lighter than analysts had expected. However, the company beat analysts’ expectations for the first quarter.</p><h2 id=\"id_3378142872\">Market News</h2><h3 id=\"id_3200659320\">U.S. Job Growth Totaled 175,000 in April, Much Less Than Expected</h3><p>U.S. job growth slowed more than expected in April and annual wage gains cooled, but it is probably too early to expect that the Federal Reserve will start cutting interest rates before September as the labor market remains fairly tight.</p><p>Nonfarm payrolls increased by 175,000 jobs last month, the Labor Department's Bureau of Statistics said in its closely watched employment report on Friday. Data for March was revised up to show payrolls rising by 315,000 jobs instead of 303,000 as previously reported.</p><p>Economists polled by Reuters had forecast payrolls advancing by 243,000. Estimates ranged from 150,000 to 280,000. The unemployment rate rose to 3.9% from 3.8%, still staying below 4% for the 27th straight month.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Post-Bell | Nasdaq Adds 2% As Jobs Data Strengthens Rate Cuts Hopes; Apple Rallies 6%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPost-Bell | Nasdaq Adds 2% As Jobs Data Strengthens Rate Cuts Hopes; Apple Rallies 6%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-05-04 07:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Wall Street surged to a higher close on Friday as a softer-than-expected employment report bolstered the case for rate cuts from the Federal Reserve while also providing evidence of U.S. economic resilience.</p><p>All three major U.S. stock posted robust gains. The tech-heavy Nasdaq led the pack, rising 2% with an assist from Apple shares following the iPhone maker's record share buyback announcement.</p><h2 id=\"id_966889051\">Market Snapshot</h2><p>The Dow Jones Industrial Average rose 450.02 points, or 1.18%, to 38,675.68. The S&P 500 gained 63.59 points, or 1.26%, at 5,127.79 and the Nasdaq Composite added 315.37 points, or 1.99%, at 16,156.33.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/662454d8f42091773972ed8ead1e25ec\" title=\"\" tg-width=\"946\" tg-height=\"148\"/></p><h2 id=\"id_215835447\">Market Movers</h2><p><a href=\"https://laohu8.com/S/AAPL\">Apple</a> — The tech giant jumped around 6% after announcing it would repurchase $110 billion in shares. Apple also posted beats on the top and bottom lines, reporting fiscal second-quarter earnings of $1.53 per share on $90.75 billion in revenue. That topped analysts’ estimates for earnings of $1.50 per share on revenue of $90.01 billion, per LSEG.</p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/SQ\">Block</a> — The payment services provider slipped more than 1% despite posting first-quarter results that beat analysts’ expectations. Block reported adjusted earnings of 85 cents per share on revenue of $5.96 billion, which exceeded the earnings of 72 cents per share on revenue of $5.82 billion that analysts polled by LSEG had expected.</p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/LYV\">Live Nation Entertainment</a> — Shares jumped 7.2% on the back of better-than-expected first-quarter revenue. Management said it expects a strong stadium year in 2025 and continued growth in concert attendance. </p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/EXPE\">Expedia</a> — Shares tumbled 15.3% after the online travel booking company lowered its full-year guidance, pointing to weakness in its vacation rentals segment, Vrbo. Wall Street firms, including Piper Sandler and BMO Capital Markets, downgraded Expedia following the report.</p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/DVA\">DaVita</a> — Shares of the health-care provider dropped 5.5% despite posting a beat on top- and bottom-line estimates and slightly raising its earnings guidance for the year. The stock on Thursday had posted first-quarter adjusted earnings of $2.38 per share on $3.07 billion in revenue, while analysts polled by FactSet had called for earnings of $1.95 per share on revenue of $3.03 billion.</p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/BKNG\">Booking Holdings</a> — The online travel booking company advanced 1.6% after reporting first-quarter results that topped analysts’ expectations, bolstered by the earlier Easter vacation cycle this year. The company said consumer demand remains strong overall, but noted risks from geopolitical tensions. </p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/RNA\">Avidity Biosciences</a> — Shares popped more than 8% on the back of a bullish Bank of America call. The firm initiated coverage at a buy rating and called for potential upside of 56% from Thursday’s close, citing Avidity’s strong pipeline for rare muscle disorder treatments. </p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/AMGN\">Amgen</a> — The biotech company rallied 11.8% after reporting a beat on both top and bottom lines in the first quarter. The company also announced it would proceed with its injectable obesity drug into a phase 3 trial. Simultaneously, shares of Novo Nordisk and Eli Lilly traded down roughly 1% and 2% each, respectively. </p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/NET\">Cloudflare</a> — The stock plunged 16.4% on the back of issuing weak full-year guidance, despite posting a first-quarter adjusted earnings and revenue beat.</p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/ANET\">Arista Networks</a> — The cloud networking company rallied more than 3% after Jefferies upgraded the stock to a buy rating from hold. The bank forecasts Arista becoming a “prime AI beneficiary.”</p><p style=\"text-align: start;\"><a href=\"https://laohu8.com/S/FTNT\">Fortinet</a> — The security stock lost more than 8% after the midpoint of its second-quarter billings forecast came in lighter than analysts had expected. However, the company beat analysts’ expectations for the first quarter.</p><h2 id=\"id_3378142872\">Market News</h2><h3 id=\"id_3200659320\">U.S. Job Growth Totaled 175,000 in April, Much Less Than Expected</h3><p>U.S. job growth slowed more than expected in April and annual wage gains cooled, but it is probably too early to expect that the Federal Reserve will start cutting interest rates before September as the labor market remains fairly tight.</p><p>Nonfarm payrolls increased by 175,000 jobs last month, the Labor Department's Bureau of Statistics said in its closely watched employment report on Friday. Data for March was revised up to show payrolls rising by 315,000 jobs instead of 303,000 as previously reported.</p><p>Economists polled by Reuters had forecast payrolls advancing by 243,000. Estimates ranged from 150,000 to 280,000. The unemployment rate rose to 3.9% from 3.8%, still staying below 4% for the 27th straight month.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1111620438","content_text":"Wall Street surged to a higher close on Friday as a softer-than-expected employment report bolstered the case for rate cuts from the Federal Reserve while also providing evidence of U.S. economic resilience.All three major U.S. stock posted robust gains. The tech-heavy Nasdaq led the pack, rising 2% with an assist from Apple shares following the iPhone maker's record share buyback announcement.Market SnapshotThe Dow Jones Industrial Average rose 450.02 points, or 1.18%, to 38,675.68. The S&P 500 gained 63.59 points, or 1.26%, at 5,127.79 and the Nasdaq Composite added 315.37 points, or 1.99%, at 16,156.33.Market MoversApple — The tech giant jumped around 6% after announcing it would repurchase $110 billion in shares. Apple also posted beats on the top and bottom lines, reporting fiscal second-quarter earnings of $1.53 per share on $90.75 billion in revenue. That topped analysts’ estimates for earnings of $1.50 per share on revenue of $90.01 billion, per LSEG.Block — The payment services provider slipped more than 1% despite posting first-quarter results that beat analysts’ expectations. Block reported adjusted earnings of 85 cents per share on revenue of $5.96 billion, which exceeded the earnings of 72 cents per share on revenue of $5.82 billion that analysts polled by LSEG had expected.Live Nation Entertainment — Shares jumped 7.2% on the back of better-than-expected first-quarter revenue. Management said it expects a strong stadium year in 2025 and continued growth in concert attendance. Expedia — Shares tumbled 15.3% after the online travel booking company lowered its full-year guidance, pointing to weakness in its vacation rentals segment, Vrbo. Wall Street firms, including Piper Sandler and BMO Capital Markets, downgraded Expedia following the report.DaVita — Shares of the health-care provider dropped 5.5% despite posting a beat on top- and bottom-line estimates and slightly raising its earnings guidance for the year. The stock on Thursday had posted first-quarter adjusted earnings of $2.38 per share on $3.07 billion in revenue, while analysts polled by FactSet had called for earnings of $1.95 per share on revenue of $3.03 billion.Booking Holdings — The online travel booking company advanced 1.6% after reporting first-quarter results that topped analysts’ expectations, bolstered by the earlier Easter vacation cycle this year. The company said consumer demand remains strong overall, but noted risks from geopolitical tensions. Avidity Biosciences — Shares popped more than 8% on the back of a bullish Bank of America call. The firm initiated coverage at a buy rating and called for potential upside of 56% from Thursday’s close, citing Avidity’s strong pipeline for rare muscle disorder treatments. Amgen — The biotech company rallied 11.8% after reporting a beat on both top and bottom lines in the first quarter. The company also announced it would proceed with its injectable obesity drug into a phase 3 trial. Simultaneously, shares of Novo Nordisk and Eli Lilly traded down roughly 1% and 2% each, respectively. Cloudflare — The stock plunged 16.4% on the back of issuing weak full-year guidance, despite posting a first-quarter adjusted earnings and revenue beat.Arista Networks — The cloud networking company rallied more than 3% after Jefferies upgraded the stock to a buy rating from hold. The bank forecasts Arista becoming a “prime AI beneficiary.”Fortinet — The security stock lost more than 8% after the midpoint of its second-quarter billings forecast came in lighter than analysts had expected. However, the company beat analysts’ expectations for the first quarter.Market NewsU.S. Job Growth Totaled 175,000 in April, Much Less Than ExpectedU.S. job growth slowed more than expected in April and annual wage gains cooled, but it is probably too early to expect that the Federal Reserve will start cutting interest rates before September as the labor market remains fairly tight.Nonfarm payrolls increased by 175,000 jobs last month, the Labor Department's Bureau of Statistics said in its closely watched employment report on Friday. Data for March was revised up to show payrolls rising by 315,000 jobs instead of 303,000 as previously reported.Economists polled by Reuters had forecast payrolls advancing by 243,000. Estimates ranged from 150,000 to 280,000. The unemployment rate rose to 3.9% from 3.8%, still staying below 4% for the 27th straight month.","news_type":1},"isVote":1,"tweetType":1,"viewCount":286,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
