Here are Wednesday’s biggest analyst calls: Nvidia, SpaceX, Apple, Sandisk, Salesforce, Nike, Lockheed Martin & more
Here are the biggest calls on Wall Street on Wednesday.
U.S. auto industry faces more uncertainty without extension of USMCA trade deal
A major issue for automakers is the deal’s rules of origin, which determine where a product comes from and which goods are eligible for preferential treatment.
Private payrolls rose by 98,000 in June, less than expected, ADP reports
Companies added slightly fewer workers than forecast, with hiring targeted heavily toward healthcare-related sectors.
Fed Chief Kevin Warsh set to give view on rates, central bank overhaul at ECB forum: Live updates
The Fed chairman joins a panel of other central bank leaders Wednesday at the ECB Forum on Central Banking in Sintra, Portugal.
Lamborghini reveals new Urus performance hybrid SUV after ditching EVs
Lamborghini is calling the new Urus SE Performante the “fastest Super SUV in the world.”
Grindr is launching two products that make the stock attractive, says Morgan Stanley
Investors should scoop up LGBT-focused dating app Grindr as the company rolls out two new products that can drive shares higher, according to Morgan Stanley.
Demand for riskier mortgages drops, as their advantages shrink
The spread between the 30-year fixed rate mortgage and adjustable rate loans is narrowing, causing demand for ARMs to weaken.
Tech leads first half stock gains — but the biggest winners weren’t in the U.S.
U.S. Big Tech stocks enjoyed strong gains — despite a sharp sell-off at the end of June — but were largely outperformed by their international counterparts.
Where you want to invest in tech for the second half, according to one top analyst
Frontier models need access to increasing volumes of maneuverable data. Software companies that can supply it will be crucial in the entire ecosystem.
Jim Cramer says the AI trade has shifted — and these stocks are leading now
CNBC’s Jim Cramer said Wall Street is rewarding the companies supplying the artificial intelligence boom rather than the technology giants funding it.