Uber, DoorDash, Coinbase and more

Uber Eats delivery Jonathan Raa | NurPhoto via Getty Images Check out the companies making headlines in midday trading. Uber, DoorDash – Shares of Uber slumped 4.6% and DoorDash fell 9% on news that Amazon agreed to take a stake in Grubhub in a deal that will give Prime subscribers a one-year membership to the … Read more

General Mills, Carnival, Bed Bath & Beyond and more

Check out the companies making headlines before the bell: General Mills (GIS) – General Mills reported adjusted quarterly earnings of $ 1.12 per share, 11 cents above estimates, with revenue that also topped Wall Street forecasts. The stock rose 1.6% in the premarket, even as the food producer forecast full-year profit below Street estimates amid … Read more

Tesla, Goldman Sachs, Amazon, McDonald’s

Here are Wednesday’s biggest calls on Wall Street: Barclays initiates Penn as overweight Barclays initiated several casino and gaming companies, saying they are attractively valued. “We’re positive on diversified land-based gaming (CZR, PENN, BYD), and select companies across Lodging and Leisure, based on demand exposures and / or valuation.” Read more about this call here. … Read more

Buy Penn National Gaming as it benefits from pent-up demand for experiences, Barclays says

Penn National Gaming will benefit from pent-up demand for experiences even as consumer spending slows, Barclays says. “We view PENN as a well-operated, diversified US regional casino company, with a digital sports and gaming business that is closer to profitability than any of the other major operators, and a robust omni-channel strategy that should eventually … Read more

This Goldman portfolio reliably beats the market. Here’s what’s in it

Investors have entered a difficult period of tightening financial conditions, slowing economic growth and elevated market volatility, but some stocks could still thrive in such challenging times, according to Goldman Sachs. The Wall Street firm is recommending stocks with a high Sharpe ratio score, a measure of a stock’s performance relative to its volatility. Goldman … Read more

These are the most oversold stocks in the S&P 500 due for a bounce

Certain stocks have become so oversold during this brutal bear market that they are long overdue to bounce. With stocks on Tuesday snapping back a bit after weeks of big losses, CNBC Pro set to find the stocks most overdue for a rebound. We looked for the shares trading the farthest from their average price … Read more

Warner Bros. Discovery, Tesla, Carnival and more

The Carnival Cruise Ship ‘Carnival Vista’ heads out to sea at the Miami harbor entrance known as Government Cut in Miami, Florida June 2, 2018. RHONA WISE | AFP | Getty Images Here are the stocks making headlines in midday trading Thursday. Warner Bros. Discovery – Shares dropped more than 8% following a downgrade to … Read more

These two cruise lines stand out above the rest, Susquehanna says

The hard-hit cruise industry should see demand recover, but a testy economy means investors should be selective with which stocks to pick, according to Susquehanna Financial Group. “Positively, the industry is on the mend; liners are planning to redeploy their full fleets into the summer and have a line of sight to profitability into 2023. … Read more

Apple, Tesla, Best Buy, FedEx

Here are Thursday’s biggest calls on Wall Street: UBS upgrades Tesla to buy from neutral UBS said in its upgrade of the automaker that its “operational outlook is stronger than ever before.” “We upgraded TSLA to Buy (from Neutral) with an unchanged $ 1,100 PT. TSLA is down ~ 35% ytd in line with other … Read more

Monkeypox outbreak is primarily spreading through sex, WHO officials say

An outbreak of the monkeypox virus in North America and Europe is primarily spreading through sex among men with about 200 confirmed and suspected cases across at least a dozen countries, World Health Organization officials said Monday. The outbreak has quickly advanced across Europe and North America over the last week and is expected to … Read more