The massive market transformation this month that some on Wall Street called a "once in a decade opportunity" might have just been a one-off technical move because of taxes.Marketsread more
The Pentagon will deploy U.S. forces to the Middle East on the heels of the attack on Saudi Arabian oil facilities, United States Secretary of Defense Mark Esper announced...Defenseread more
CNBC did a deep dive through the most recent Wall Street research to find stocks that analysts say are underappreciated.Marketsread more
Shares of MasterCard are up 46% this year, and 1120% since 2011, getting a boost from the strong U.S. consumer.Investingread more
Trade with China is the 'big unknown' for the Federal Reserve as it decides how best to support the U.S. economy, says Council on Foreign Relations Director of International...Futures Nowread more
Lobbying experts said the visit is likely an attempt to be in lawmakers' ears as they consider legislation that would impact Facebook.Technologyread more
Yardeni Research's Edward Yardeni believes the U.S. economy is picking up steam.Trading Nationread more
Iran's audacious drone and cruise missile attack on Saudi Arabia's oil producing facilities has provided a critical test yet for the Trump administration's foreign policy. A...Politicsread more
Chinese trade negotiators suddenly canceled a visit to meet U.S. farmers after they wrapped up trade talks in Washington this week.Marketsread more
Blackstone Executive Vice Chairman Tony James says he's less optimistic now than before that the U.S.-China trade war could be resolved, but even a smaller deal could help...World Economyread more
Here are the biggest calls on Wall Street on Monday:
Needham said Roku's "value proposition" among advertisers is "growing."
"Key take-aways from this report include: a) given similar valuations, we prefer Roku to NFLX; b) Roku's value proposition to advertisers is growing; c) SVOD rev shares represent upside to Roku estimates in 2020 and 2021; d) Roku is the dominant internet aggregator for streamed TV & movie content, like YouTube is for user generated content, at about 1/20th the valuation."
Cantor Fitzgerald said it liked the health insurer's strong second-quarter results, growth in its Medicare Advantage business and effective cost management.
"The company recently posted strong 2Q19 results, driven by continued success in Medicare Advantage and cost management. MA continues to grow at a nice clip, and HUM's recent Louisiana Medicaid contract award demonstrates its success outside Medicare. Importantly, we believe the company's investments in population health management and social determinants of health will accelerate growth over time."
Credit Suisse said the diversified global media company was "showing consistency" despite its recent earnings revenue miss.
"Despite 4Q19 miss at the revenue line, NWS has delivered another solid EBITDA result ahead of CSe and consensus. Current trading levels imply that the value of NWS's assets has effectively halved since the split from FOX back in 2013. We don't think this is justified given the underlying performance, and an increasing focus from management on value can act to close the valuation."
Evercore said the energy producer's acquisition of Anadarko makes Occidental larger but less valuable.
"The company's 'Pledge' for greater capital discipline and enhanced corporate governance proved fleeting with ROCE to decline significantly due to the Anadarko transaction. The commensurate decline in valuation places OXY at a 10-year low in the equity market."