Apple, Costco, Carvana, Walmart, Exxon

Here are Monday’s biggest calls on Wall Street: Piper upgrades Carvana to overweight from neutral Piper said the used car company is “grossly undervalued.” “We know that rising interest rates are a risk, and we know that bankruptcy is a real possibility. But CVNA is now 1/10th as valuable as it was 12 months ago, … Read more

Lyft, Carvana, Warner Bros. Discovery, DraftKings

Confetti falls as Lyft CEO Logan Green (C) and President John Zimmer (LEFT C) ring the Nasdaq opening bell celebrating the company’s initial public offering (IPO) on March 29, 2019 in Los Angeles, California. The ride hailing app company’s shares were initially priced at $72. Mario Tama/Getty Images Check out the companies making headlines in … Read more

Expedia, Block, Lyft and more

Check out the companies making headlines before the bell: Expedia (EXPE) – The travel website operator’s stock jumped 5.4% in the premarket after Expedia beat top and bottom line estimates in its latest quarterly report. Travel demand was strong, with lodging revenue up 57% from a year ago and airline ticket revenue up 22%. Block … Read more

McDonald’s, Microsoft, Uber, Alphabet, Chipotle

Here are Wednesday’s biggest calls on Wall Street: Deutsche Bank downgrades McDonald’s to hold from buy Deutsche downgraded the fast-food giant after its earnings report Tuesday, noting it sees limited upside potential. “Company owned restaurant margins in the US were below consensus, while IOM (intl. operated markets) segment margins were slightly above; however, on the … Read more

What Cramer is watching Thursday – market terrible again, trying to price in a recession – CNBC

What Cramer is watching Thursday – market terrible again, trying to price in a recessionCNBC

Job market remains ‘burning hot’ for workers in latest JOLTS report

Despite recent headlines of high-profile staff cuts and a looming recession, the job market continues to be ‘burning hot’ for workers calling their own shots, says Julia Pollak, chief economist at the job-search site ZipRecruiter. The labor market posted 11.4 million job openings in April, according to the Labor Department’s latest Job Openings and Labor … Read more

US job market divide boosts some workers’ prospects, puts others on notice

A help wanted sign is displayed in the window of a Brooklyn, New York business. Spencer Platt | Getty Images Cracks are forming in the US labor market as some companies look to curb hiring while others are desperate for employees. Microsoft, Twitter, Wayfair, Snap and Facebook-parent Meta recently announced they plan to be more … Read more

US job market divide boosts some workers’ prospects, puts others on notice

A help wanted sign is displayed in the window of a Brooklyn, New York business. Spencer Platt | Getty Images Cracks are forming in the US labor market as some companies look to curb hiring while others are desperate for employees. Microsoft, Twitter, Wayfair, Snap and Facebook-parent Meta recently announced they plan to be more … Read more

Apple, Tesla, CSX, Under Armor, Target

Here are Thursday’s biggest calls on Wall Street: Stifel downgrades Target to hold from buy Stifel downgraded the big box retailer after its disappointing earnings report on Wednesday. “We downgrade shares of Target to Hold and reduce our 2022-2023 EPS estimates meaningfully and our price target to $ 185, 14x 2023E EPS reflecting limited near-term … Read more

Maverick Capital increases bets on Carvana, Uber and Snowflake in the first quarter

Lee Ainslie’s Maverick Capital bolstered its positions last quarter in a number of stocks that have been hit hard, including Carvana, Uber and Snowflake. The hedge fund added to its bet on Uber by 15% to a stake worth $ 133 million at the end of March, according to a regulatory filing. The ride-hailing company, … Read more