JPMorgan says it’s time to buy Zoom Video after shares get cut in half from pandemic heights

Zoom founder Eric Yuan speaks before the Nasdaq opening bell ceremony on April 18, 2019 in New York City. Kena Betancur | Getty Images JPMorgan upgraded Zoom Video on Friday, saying the stock looks cheap at current levels as the video platform is set to benefit from a more permanent adoption of pandemic-era communication systems. … Read more

Watch CNBC’s Sustainable Future Forum Asia: Technology & Innovation

[The stream is slated to start at 2 a.m. ET. Please refresh the page if you do not see a player above at that time.] Click on the stream above to watch to CNBC’s Sustainable Future Forum. Friday’s session from Asia focuses on technology and innovation. The fourth industrial revolution is also going to be … Read more

Nasdaq futures dip after tech earnings fall flat

A specialist trader works inside a booth on the floor of the New York Stock Exchange (NYSE) in New York City, October 6, 2021. Brendan McDermid | Reuters Futures on the Nasdaq 100 dipped in overnight trading Thursday after disappointing earnings reports from technology companies. Nasdaq 100 futures fell 0.6%. Dow Jones Industrial Average futures … Read more

5 things to know before the stock market opens Thursday

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Dow set to drop after hitting an intraday record Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., October 20, 2021. Brendan McDermid | Reuters 2. Southwest, American report … Read more

HSBC downgrades Krispy Kreme, says newly public company will continue to struggle

Doughnuts are sold at a Krispy Kreme store on May 05, 2021 in Chicago, Illinois. The doughnut chain reported yesterday that it plans to take the company public again. Scott Olson | Getty Images Krispy Kreme‘s stock is unlikely to rebound in the months ahead and investors should wait for a better time to jump … Read more

SAP’s cloud revenue jumps 20% as European software giant ramps up rivalry with Salesforce

The logo of German software group SAP is pictured at its headquarters in Walldorf, Germany, May 12, 2016. Ralph Orlowski | Reuters German software giant SAP on Thursday posted a jump in revenue at its fast-growing cloud unit, which helped boost the company’s earnings performance in the third quarter. SAP’s third-quarter cloud revenue totalled roughly … Read more

Watch CNBC’s Sustainable Future Forum Asia: Money & Investing

[The stream is slated to start at 2 a.m. ET. Please refresh the page if you do not see a player above at that time.] Click on the stream above to watch to CNBC’s Sustainable Future Forum. Thursday’s session from Asia focuses on money and investing. We turn the spotlight on money flows and how … Read more

Wall Street analysts expect strong earnings from Europe. Here are 25 of their top stock picks

Pedestrians walk past a German luxury fashion house Hugo Boss store in Shenzhen Bao’an International Airport. Alex Tai | SOPA Images | LightRocket | Getty Images) Leading investment banks have selected a slew of stocks ahead of third-quarter earnings in Europe, with Morgan Stanley analysts revealing their “high conviction” picks. Source link

Stock futures inch lower in overnight trading after Dow retakes record high

Traders at the NYSE, October 1, 2021. Source: NYSE Stock futures dipped slightly in overnight trading on Wednesday after the blue-chip Dow Jones Industrial Average retook its record high amid solid corporate earnings. Dow futures fell 35 points. S&P 500 futures and Nasdaq 100 futures both traded 0.1% lower. The 30-stock average jumped about 150 … Read more

Stocks making the biggest moves before the bell: Biogen, Novavax, Netflix, Verizon & more

A customer enters a Verizon store in San Francisco, California, U.S., on Tuesday, July 20, 2021. Bloomberg | Getty Images Check out the companies making headlines before the bell: Anthem (ANTM) — The health insurer reported adjusted quarterly profit of $6.79 per share, beating the $6.37 per share consensus estimate from Refinitiv, with revenue also … Read more