Today's Analyst Rating | Micron Technology Price Target Raised to $740 by Mizuho Securities, Advanced Micro Devices Price Target Raised to $410 by Morgan Stanley Moomoo
Today's Analyst Rating | Micron Technology Price Target Raised to $740 by Mizuho Securities, Advanced Micro Devices Price Target Raised to $410 by Morgan Stanley Moomoo
U.S. futures are surging on hopes that the U.S. and Iran are nearing an agreement to end the war. In Asia, South Korea's Kospi hit another record Wednesday and topped 7,000 for the first time, boosted by technology heavyweight Samsung, which joined the $1 trillion club. European equity markets are also firmly in the green amid a swathe of earnings, including Novo Nordisk, which hiked its guidance ...
U.S. futures are surging on hopes that the U.S. and Iran are nearing an agreement to end the war. In Asia, South Korea's Kospi hit another record Wednesday and topped 7,000 for the first time, boosted by technology heavyweight Samsung, which joined the $1 trillion club. European equity markets are also firmly in the green amid a swathe of earnings, including Novo Nordisk, which hiked its guidance after sales of its new Wegovy pill came in ahead of expectations. Here are three investment strategies we heard from guests in CNBC's Singapore and London studios on Wednesday to help navigate the noise. Banks AI boost Aoifinn Devitt, senior investment advisor at Moneta, said investors should explore trades adjacent to the AI hyperscalers, saying there is a play in financials. She said that major tech players need to issue debt and equity to fuel the AI boom, and this will prove a boon to banks. "We have rates potentially moving things, which will ultimately also translate, perhaps into a better mortgage lending segment, so it all translates well for financials, which is exactly where we can get that breadth in equity exposure that investors may need," she said. Devitt added there are companies in Asia and Europe "flying below the radar," saying there will be innovation in that space. "We do see that this long-term diversification on a global scale is key, but equally, that we should be wary of betting against the U.S. in scale within portfolios, particularly those portfolios that are U.S. centric at the moment," she added. Bond appeal Jeff Blazek, Co-CIO multi-asset strategies at Neuberger, said investors should be adding both bonds and equities to their portfolios, adding that the "yield side of the ledger is actually attractive." He added that bond traders "have mispriced future hikes that we don't expect to occur as the year progresses." "The good news is the volatility in front-end yields has settled down. In the last couple of weeks, we've seen central bankers say a b...
nonnie192 Travel stocks rallied in premarket trading Wednesday after oil prices tumbled on reports that the U.S. and Iran are nearing a landmark agreement, a one-page memorandum of understanding that would lay the groundwork for comprehensive nuclear talks between the two countries, according to two U.S. officials and two other sources familiar with the matter. The diplomatic breakthrough sent cru...
nonnie192 Travel stocks rallied in premarket trading Wednesday after oil prices tumbled on reports that the U.S. and Iran are nearing a landmark agreement, a one-page memorandum of understanding that would lay the groundwork for comprehensive nuclear talks between the two countries, according to two U.S. officials and two other sources familiar with the matter. The diplomatic breakthrough sent crude prices sharply lower. West Texas Intermediate fell 13.3% to $88.69 a barrel, while Brent crude dropped 11.6% to $97.10, a move amplified by separate reports that Iran's IRGC Navy has guaranteed safe passage of vessels through the Strait of Hormuz, easing fears of a supply disruption in one of the world's most critical oil chokepoints. For travel stocks, cheaper oil means lower fuel costs and a more confident consumer, and markets wasted no time pricing that in. Cruise lines led the gains, with Royal Caribbean ( RCL ) up 7.6%, Carnival ( CCL ) up 7%, and Norwegian Cruise Line Holdings ( NCLH ) up 4.8%, while Viking Holdings ( VIK ) added 4.3%. Hotel operators also benefited broadly: InterContinental Hotels ( IHG ) rose 3%, Hyatt ( H ) gained 2.8%, Hilton ( HLT ) added 2.4%, and Marriott ( MAR ) climbed 2%. Online travel platforms joined the move, with Booking Holdings ( BKNG ) up 4% and Airbnb ( ABNB ) rising 1.5%. More on Hyatt Hotels, Carnival, etc. Airbnb: At $140 Into Q1 Earnings I Would Sell Booking Holdings Inc. (BKNG) Presents at Barclays 18th Annual Americas Select Conference Transcript Hyatt Hotels Corporation 2026 Q1 - Results - Earnings Call Presentation Marriott Non-GAAP EPS of $2.72 beats by $0.17, revenue of $6.65B beats by $70M Marriott Q1 2026 Earnings Preview
ADP Employment Report Signals Biggest Job Additions In 15 Months In April With non-farm payrolls looming, we get another glimpse at the labor market today from the ADP Employment Report which shows the US economy added 109k jobs in April (a slight disappointment relative to +120k exp). That is the tenth straight month of job additions and strongest monthly addition since January 2025... Source: Bl...
ADP Employment Report Signals Biggest Job Additions In 15 Months In April With non-farm payrolls looming, we get another glimpse at the labor market today from the ADP Employment Report which shows the US economy added 109k jobs in April (a slight disappointment relative to +120k exp). That is the tenth straight month of job additions and strongest monthly addition since January 2025... Source: Bloomberg Under the hood, Goods-producing jobs rose 15,000 while Service-providing jobs rose 94,000. "Small and large employers are hiring, but we're seeing softness in the middle," said Dr. Nela Richardson Chief Economist, ADP. "Large companies have resources to deploy, and small ones are the most nimble, both important advantages in a complex labor environment." Health care's continued strength, along with a rebound in trade, transportation, and utilities, fueled last month's acceleration in hiring. Pay growth for job-stayers slowed slightly to 4.4 percent, but for job-changers, year-over-year pay gains were steady at 6.6 percent. Is the economy transforming from 'no hire, no fire' to 'higher hire, still no fire' gains (see JOLTS' record hiring). Tyler Durden Wed, 05/06/2026 - 08:23
ADP said U.S. businesses create 109,000 new jobs in April — the biggest increase in 15 months — in a sign a partly frozen labor market might be thawing out after a prolonged bout of tepid hiring.
ADP said U.S. businesses create 109,000 new jobs in April — the biggest increase in 15 months — in a sign a partly frozen labor market might be thawing out after a prolonged bout of tepid hiring.