Here are Monday’s biggest calls on Wall Street: Oppenheimer adds Nvidia to the top ideas list The firm said it’s sticking with its outperform rating on the stock. “Nvidia has transformed from a graphics company to a premier leading AI computing platform company.” UBS upgrades Archer-Daniels Midland to buy from neutral UBS said earnings have bottomed for the food processing company. “We upgrade to Buy with $60 PT based on underappreciated policy tailwinds and as we see better Nutrition results in the future.” JPMorgan downgrades Netflix to neutral from overweight The firm downgraded the streaming giant mainly on valuation. “To…
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Atlanta Fed Chair Raphael Bostic told CNBC on Monday that he currently prefers only one rate cut this year as the central bank tries to balance potential upward pressures on inflation with worries of a recession.The U.S. central bank released projections in March that pointed toward two quarter-point rate cuts in 2025. However, Bostic said Monday that the tariffs have been larger than the Fed expected at the start of the year.”For me right now, I’m expecting it’s going to take a bit longer for that to sort out. … I’m leaning much more into one cut this year, because…
Russian President Vladimir Putin and U.S. President Donald Trump.Mikhail Metzel | Evelyn Hockstein | Via ReutersU.S. President Donald Trump will speak separately with Vladimir Putin and Volodymyr Zelenskyy on Monday in hopes of ending the “bloodbath” in Ukraine, amid concerns over Washington’s ongoing push to broker peace-making.”HOPEFULLY IT WILL BE A PRODUCTIVE DAY, A CEASEFIRE WILL TAKE PLACE, AND THIS VERY VIOLENT WAR, A WAR THAT SHOULD HAVE NEVER HAPPENED, WILL END,” Trump wrote on his Truth social media platform Saturday in his customary all-capitalized comments.The subject of the call will be trade and stopping the “bloodbath” of Russian and…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailRyanair Group CFO Neil Sorahan joins ‘Squawk Box’ to discuss the company’s full-year profit, summer travel demand outlook, impact of tariffs on Boeing deliveries, and more. Source link
U.S. joint military exercise with South Korea in Yeoncheon-gun, South Korea.Getty ImagesSharing the costs of hosting U.S. troops in allied countries has been a favorite topic of U.S. President Donald Trump since his first term in the White House.But as more countries try to eke out a deal to escape the spectre of tariffs in his second term, Trump is making his own moves: bundling negotiations on trade, tariffs, and defense cost-sharing into a single comprehensive deal, which he called “one-stop shopping.”One such country in his sights is South Korea, which is home to about 28,500 U.S. troops known as…
TD Cowen is moving to the sidelines on UnitedHealth . The firm downgraded the health insurance giant to hold from buy and trimmed its price target $308 per share from $520. TD Cowen’s new forecast implies about 6% upside from Friday’s close. Analyst Ryan Langston said changes to the V28 Medicare Advantage model could serve as a lingering headwind over UnitedHealth. “We believe v28 risk model changes are disproportionally impacting UNH given outsized RAF [risk adjustment factor] scores vs industry and 2026 is further effected with the year 3 phase-in,” Langston said. “Accelerating MA cost trend with potential increases in…
Klarna is synonymous with the “buy now, pay later” trend of making a purchase and deferring payment until the end of the month or paying over interest-free monthly installments.Nikolas Kokovlis | Nurphoto | Getty ImagesThe U.K. government on Monday laid out proposals to bring short-term loans under formal rules as it looks to clamp down on the “wild west” of the buy now, pay later sector.Fintech firms like Klarna and Block’s Afterpay have flourished by offering interest-free financing on everything from fashion and gadgets to food deliveries — while at the same time stoking concerns around affordability. The space is…
Jensen Huang, co-founder and chief executive officer of Nvidia Corp., speaks during the Computex conference in Taipei, Taiwan, on Monday, May 19, 2025. Bloomberg | Bloomberg | Getty ImagesNvidia CEO Jensen Huang made a slew of announcements and revealed new products on Monday that are aimed at keeping the company at the center of artificial intelligence development and computing. One of the most notable announcements was its new “NVLink Fusion” program, which will allow customers and partners to use non-Nvidia central processing units and graphics processing units together with Nvidia’s products and its NVLink. Until now, NVLink was closed to chips made…
Netflix could be due for a slowdown, according to JPMorgan. The firm downgraded the streaming giant to neutral from overweight. The bank did raise its price target to $1,220 from $1,150, but that only implies upside of roughly 2% from Friday’s close. “To be clear, there’s no change to our long-term bullish view on NFLX’s streaming leadership position & the company’s potential to effectively become global TV over time,” analyst Doug Anmuth said. “However, more near-term, following significant stock price appreciation & outperformance, we believe the risk/reward in NFLX shares is becoming more balanced.” NFLX YTD mountain Netflix stock in…
The New Jersey Transit rail strike will end after the Brotherhood of Locomotive Engineers and Trainmen and NJ Transit managers reached a tentative agreement Sunday.Trains will resume running on their regular schedules Tuesday, NJ Transit President and CEO Kris Kolluri said, ending the first strike at NJ Transit in over 40 years. Kolluri urged commuters to work from home Monday until full service picks up again Tuesday. NJ Transit buses will run as normal Monday.Kolluri said the company has a lot to do to ready the railway for safe passage after no use, including checking the railroads, pre-positioning equipment, conducting safety inspections…
