Investing

Jensen Huang, president and CEO of Nvidia, speaks during the company’s event at the 2019 Consumer Electronics Show in Las Vegas on Jan. 6, 2019. David Paul Morris | Bloomberg | Getty Images Here are the biggest calls on Wall Street on Monday: Wells Fargo downgraded Netflix to ‘underperform’ from ‘market perform’ Wells Fargo said in
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China’s hand in cementing a phase one trade deal with the U.S. keeps getting weaker even though many American media outlets keep reporting otherwise because they seem to like Chinese President Xi Jinping better than President Donald Trump, CNBC’s Jim Cramer said on Monday. Cramer said on “Squawk Box” the mainstream media wrongly thinks that
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Tesla CEO Elon Musk unveiled the electric car maker’s first pickup on Thursday night and Wall Street analysts were highly critical of the truck’s dramatic styling. “Tesla’s Cybertruck looks weird … like, really weird. Musk had warned investors that Tesla’s pickup would be ‘really futuristic, like cyberpunk Blade Runner,’ and he wasn’t kidding,” Bernstein analyst
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SOPA Images | LightRocket | Getty Images While streaming platform Disney+ is off to a strong start, Wall Street analysts are not shying away from Netflix’s stock. In the week following Disney+’s launch, Netflix app downloads grew 4% year-over-year, Nomura Instinet noted, showing that Disney+ is not having a negative impact on Netflix’s growth potential.
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Howard Stern Kevin Mazur | Getty Images Liberty Media CEO Greg Maffei believes the company is well positioned to capitalize on the growing popularity of podcasts and other audio content. Maffei, who joined CNBC’s David Faber from Liberty’s investor day in New York, said that while there is competition for audio content, exclusive agreements should
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Sir Richard Branson poses outside the New York Stock Exchange (NYSE) ahead of Virgin Galactic (SPCE) trading in New York, U.S., October 28, 2019. Brendan McDermid | Reuters Here are the biggest calls on Wall Street on Thursday: Credit Suisse initiated Virgin Galactic as ‘outperform’ Credit Suisse initiated coverage of the space flight company and
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Randall Stephenson, chairman and chief executive officer of AT&T Inc., speaks during a Senate Judiciary Subcommittee hearing in Washington, D.C., U.S., on Wednesday, Dec. 7, 2016. Andrew Harrer | Bloomberg | Getty Images AT&T’s wireless business can’t offset the weakness in the company’s other ailing segments, according to MoffettNathanson. The firm downgraded AT&T to sell
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