Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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Here are Monday’s biggest analyst calls: Nvidia, Micron, Ferrari, Rocket Lab, DataDog & more
Here are Monday’s biggest calls on Wall Street.
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Ron Baron bought $1 billion of SpaceX shares in IPO, lifting stake to $25 billion
“I think we’re gonna make hundreds of billions of dollars,” Baron said Monday on CNBC’s “Squawk Box.”
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SpaceX IPO shines a light on Wall Street’s blockchain challenger
Perp market traders had a form of early access to SpaceX, and the trading closely aligned with later prices in the stock market.
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Fox to buy streaming device maker Roku for $22 billion
Fox, the owner of the news and sports networks, said it has reached a deal to acquire Roku for about $22 billion in enterprise value.
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Ferrari shares have struggled of late. Morgan Stanley says concerns are overblown
Ferrari shares should rise as the Italian firm proves that concerns over its recent product launches and growth targets are overblown, per Morgan Stanley.
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Stocks making the biggest moves premarket: SpaceX, United Airlines, Fox & more
These are the stocks posting the largest moves premarket.
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U.S.-Iran deal explained: What we know — and what remains unresolved
Stocks rose after a preliminary U.S.-Iran agreement, but questions remain over Hormuz, Israel and what follows a potential signing in Geneva.
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This semiconductor stock is up more than 200% this year. TD Cowen says it has more room to run
The bank has a buy rating on the semiconductor firm and raised its price target.
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KFC leans into boneless chicken, new drinks as chain tries to regain market share
KFC is facing more competition from legacy giants and upstarts alike, thanks to the growing global popularity of chicken.
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Treasury yields slide as Iran deal drives rethink on Fed interest rate hikes
The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — fell over 4 basis points to 4.441%.
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