Here are the most-loved stocks on Wall Street, including Amazon and a little-known energy company

Both the online retailing juggernaut and Diamondback Energy are universally loved on Wall Street, with all analysts that cover the stocks rating them a buy. They are the only two out of 500 stocks where that’s the case, according to FactSet. CNBC used FactSet to screen all S&P 500 companies looking for the stocks with the highest percentage of buy ratings compared with total ratings. Amazon, the world’s second most valuable company behind Microsoft, grew its share of the U.S. e-commerce market t


Both the online retailing juggernaut and Diamondback Energy are universally loved on Wall Street, with all analysts that cover the stocks rating them a buy. They are the only two out of 500 stocks where that’s the case, according to FactSet. CNBC used FactSet to screen all S&P 500 companies looking for the stocks with the highest percentage of buy ratings compared with total ratings. Amazon, the world’s second most valuable company behind Microsoft, grew its share of the U.S. e-commerce market t
Here are the most-loved stocks on Wall Street, including Amazon and a little-known energy company Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-13  Authors: maggie fitzgerald
Keywords: news, cnbc, companies, company, buy, ratings, energy, upside, highest, according, littleknown, amazon, 500, wall, mostloved, stocks, companies, including, analysts, street


Here are the most-loved stocks on Wall Street, including Amazon and a little-known energy company

Both the online retailing juggernaut and Diamondback Energy are universally loved on Wall Street, with all analysts that cover the stocks rating them a buy. They are the only two out of 500 stocks where that’s the case, according to FactSet.

CNBC used FactSet to screen all S&P 500 companies looking for the stocks with the highest percentage of buy ratings compared with total ratings. We threw out companies that had less than 10 analysts covering them.

Amazon, the world’s second most valuable company behind Microsoft, grew its share of the U.S. e-commerce market to 42% in 2018, according to J.P. Morgan. The bank expects Amazon, whose stock has surged more than 2,000% in the past decade, to surpass Walmart as the largest U.S. retailer in 2020. Amazon shares are up 23% this year.

“The highest quality management and franchise within global internet – a must own name with huge upside even from here,” Pivotal Research’s Michael Levine said in a note to clients about Amazon. “AWS duration will surprise to the upside both on topline and EBIT and the move towards one day shipping is a significant step to owning the consumer’s wallet.”


Company: cnbc, Activity: cnbc, Date: 2019-06-13  Authors: maggie fitzgerald
Keywords: news, cnbc, companies, company, buy, ratings, energy, upside, highest, according, littleknown, amazon, 500, wall, mostloved, stocks, companies, including, analysts, street


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Traders bet on a big short-term move in Microsoft as tech giant hits all-time high

The moves have caused options traders to buy up short-term calls in Microsoft, Dan Nathan, co-founder and editor of RiskReversal.com, said Monday on CNBC’s “Options Action.” That bet, along with similar purchases of $135, $134 and $133 calls, represents “traders playing for that short-term momentum,” Nathan said. “The stock’s up 30% on the year right now, so it’s a massive, massive relative strength leader within mega-cap tech here.” “It could be a good time to buy, maybe, some protection agains


The moves have caused options traders to buy up short-term calls in Microsoft, Dan Nathan, co-founder and editor of RiskReversal.com, said Monday on CNBC’s “Options Action.” That bet, along with similar purchases of $135, $134 and $133 calls, represents “traders playing for that short-term momentum,” Nathan said. “The stock’s up 30% on the year right now, so it’s a massive, massive relative strength leader within mega-cap tech here.” “It could be a good time to buy, maybe, some protection agains
Traders bet on a big short-term move in Microsoft as tech giant hits all-time high Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-11  Authors: lizzy gurdus
Keywords: news, cnbc, companies, stock, shortterm, microsoft, week, big, alltime, buy, nathan, high, options, traders, bet, hits, tech, giant, protection, calls


Traders bet on a big short-term move in Microsoft as tech giant hits all-time high

Traders are mad for Microsoft.

The $1 trillion company’s stock opened at an all-time high Tuesday, a day after hitting new heights spurred by the company’s announcement of its cloud-gaming project that would rival Google’s Stadia.

The moves have caused options traders to buy up short-term calls in Microsoft, Dan Nathan, co-founder and editor of RiskReversal.com, said Monday on CNBC’s “Options Action.”

One of the most active trades was a purchase of 9,000 of the June 14 weekly $137 calls for about 25 cents each, a bullish bet that sees the stock gaining another 4% by this Friday.

That bet, along with similar purchases of $135, $134 and $133 calls, represents “traders playing for that short-term momentum,” Nathan said. “The stock’s up 30% on the year right now, so it’s a massive, massive relative strength leader within mega-cap tech here.”

Nathan was slightly wary of this ultra-bullish action, saying investors looking to make a directional bet on Microsoft’s recent spike would do well to buy some protection against this trade via put options or another “short-term bearish bet.”

“If you’re looking out as the next catalyst for this company is going to be their earnings, probably the last week of July, option prices are pretty fair,” he said. “It could be a good time to buy, maybe, some protection against that long as you keep rolling up some puts.”

Microsoft shares lost some steam by midday Tuesday, trading at $131.78 per share, shedding less than 1%. The stock is up nearly 30% for the year and almost 7% just in the last week.


Company: cnbc, Activity: cnbc, Date: 2019-06-11  Authors: lizzy gurdus
Keywords: news, cnbc, companies, stock, shortterm, microsoft, week, big, alltime, buy, nathan, high, options, traders, bet, hits, tech, giant, protection, calls


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Salesforce stock drops sharply after announcing it will buy Tableau for $15.3 billion, the biggest acquisition in its history

Cramer: Beware of froth — ‘it may be too late to put new money to…”When you see people crowding into stocks just because they’re going up, it’s what I call a bad sign,” Jim Cramer says. Mad Money with Jim Cramerread more


Cramer: Beware of froth — ‘it may be too late to put new money to…”When you see people crowding into stocks just because they’re going up, it’s what I call a bad sign,” Jim Cramer says. Mad Money with Jim Cramerread more
Salesforce stock drops sharply after announcing it will buy Tableau for $15.3 billion, the biggest acquisition in its history Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-10  Authors: kate fazzini
Keywords: news, cnbc, companies, billion, theyre, buy, late, stock, history, towhen, announcing, saysmad, cramer, drops, stocks, going, money, tableau, sharply, salesforce, sign, biggest, jim


Salesforce stock drops sharply after announcing it will buy Tableau for $15.3 billion, the biggest acquisition in its history

Cramer: Beware of froth — ‘it may be too late to put new money to…

“When you see people crowding into stocks just because they’re going up, it’s what I call a bad sign,” Jim Cramer says.

Mad Money with Jim Cramer

read more


Company: cnbc, Activity: cnbc, Date: 2019-06-10  Authors: kate fazzini
Keywords: news, cnbc, companies, billion, theyre, buy, late, stock, history, towhen, announcing, saysmad, cramer, drops, stocks, going, money, tableau, sharply, salesforce, sign, biggest, jim


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Amazon’s $50 Fire tablet is bad — you can get a much better version for just $10 more

Amazon Fire 7 tablet Todd Haselton | CNBCAmazon recently refreshed its $50 Fire 7 tablet with new colors, support for calling up Alexa by name and twice the storage as its previous version. What’s goodAmazon Fire 7 tablet Todd Haselton | CNBCThe Fire 7 tablet is the smallest tablet Amazon sells that gives you access to Amazon’s services, like Audible, Amazon Photos, Alexa, Amazon Prime video and the Amazon store. You’d be hard pressed to find a better tablet for $50. Amazon Fire 7 tablet Todd Ha


Amazon Fire 7 tablet Todd Haselton | CNBCAmazon recently refreshed its $50 Fire 7 tablet with new colors, support for calling up Alexa by name and twice the storage as its previous version. What’s goodAmazon Fire 7 tablet Todd Haselton | CNBCThe Fire 7 tablet is the smallest tablet Amazon sells that gives you access to Amazon’s services, like Audible, Amazon Photos, Alexa, Amazon Prime video and the Amazon store. You’d be hard pressed to find a better tablet for $50. Amazon Fire 7 tablet Todd Ha
Amazon’s $50 Fire tablet is bad — you can get a much better version for just $10 more Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-10  Authors: todd haselton
Keywords: news, cnbc, companies, todd, better, amazons, bad, hd, price, buy, tablet, version, youre, alexa, haselton, 50, amazon


Amazon's $50 Fire tablet is bad — you can get a much better version for just $10 more

Amazon Fire 7 tablet Todd Haselton | CNBC

Amazon recently refreshed its $50 Fire 7 tablet with new colors, support for calling up Alexa by name and twice the storage as its previous version. It’s so affordable I hopped into a Best Buy and picked one up last week. But, after testing it for a few days, I can’t recommend it for anybody. Instead, if you’re interested in Amazon’s Fire tablets, which are generally quite good for the price, buy the $60 Fire HD 8 instead. Here’s what you need to know about the new Fire 7.

What’s good

Amazon Fire 7 tablet Todd Haselton | CNBC

The Fire 7 tablet is the smallest tablet Amazon sells that gives you access to Amazon’s services, like Audible, Amazon Photos, Alexa, Amazon Prime video and the Amazon store. Amazon generously included 16GB of storage instead of the 8GB it used to offer for tablets at this price, but most people will still want to buy a microSD card to add more. The 16GB won’t let you store many TV shows and movies offline if you have a lot of apps. It’s really only adequate if you plan to stream a lot. It’s easy to set up — you just sign into your Amazon account and you’re good to go. Like Amazon’s other tablets, it listens for when you say “Alexa” so you can talk to the voice assistant whenever you want, without having to tap a button or open an app. This worked OK for me, though sometimes I had to say “Alexa” more than once to get it to wake up. The most notable thing about it is the $50 price tag. You’d be hard pressed to find a better tablet for $50. But I still think you should spend the extra $10 on the Amazon Fire HD 8, which is better in many ways.

What’s bad

The Amazon Fire 7 tablet has a single speaker that’s blocked by your hand when you hold it. Todd Haselton | CNBC

You get what you pay for. The battery life of the Fire 7 is pretty terrible and didn’t get me through a full day. It even seems to drain battery faster than other devices while sitting idle in my bag, which was annoying. Amazon promises 7 hours of battery which is fine if you have a quick plane ride, but that’s three hours shorter than the Fire HD 8. The screen is a throwback. It’s not HD, which has been fairly standard on devices for almost a decade, and you can see the pixels when you look at it. The Fire HD 8 has a sharper screen and, while you can still see pixels, it’s better for movies and reading text. Also, the Fire 7 has a single speaker on the left side, which you’ll block if you’re holding the tablet in portrait mode. Again, the Fire HD 8 has a better option with stereo speakers that come out of both sides of the tablet.

Amazon Fire 7 tablet Todd Haselton | CNBC

The cameras on the Fire 7 are adequate given the price. Just don’t expect them to be close to what you get on a modern phone. Also, the Fire 7 feels sluggish at times. I noticed some lag while moving around apps, and sometimes even just while scrolling through the system. That’s probably because it only has 1GB of RAM versus 1.5GB in the Fire HD 8. The latter isn’t very fast, either but seems a little more fluid.

Should you buy it?

Amazon Fire 7 tablet Todd Haselton | CNBC


Company: cnbc, Activity: cnbc, Date: 2019-06-10  Authors: todd haselton
Keywords: news, cnbc, companies, todd, better, amazons, bad, hd, price, buy, tablet, version, youre, alexa, haselton, 50, amazon


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Salesforce to buy Tableau Software in an all-stock deal

Salesforce.com on Monday decided to buy big data firm Tableau Software for $15.3 billion, marking the biggest acquisition in the company’s history as it looks to offer more data insights to its clients. As part of the all-stock deal, Tableau shareholders will get 1.103 Salesforce shares, valuing the offer at $177.88 per share, representing a premium of 42% to Tableau’s Friday closing price. Salesforce’s deal comes days after Alphabet’s Google big-data analytics company Looker for $2.6 billion an


Salesforce.com on Monday decided to buy big data firm Tableau Software for $15.3 billion, marking the biggest acquisition in the company’s history as it looks to offer more data insights to its clients. As part of the all-stock deal, Tableau shareholders will get 1.103 Salesforce shares, valuing the offer at $177.88 per share, representing a premium of 42% to Tableau’s Friday closing price. Salesforce’s deal comes days after Alphabet’s Google big-data analytics company Looker for $2.6 billion an
Salesforce to buy Tableau Software in an all-stock deal Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-10  Authors: kate rogers
Keywords: news, cnbc, companies, billion, deal, share, buy, company, allstock, helps, tableau, software, salesforce, data, customers


Salesforce to buy Tableau Software in an all-stock deal

Salesforce.com on Monday decided to buy big data firm Tableau Software for $15.3 billion, marking the biggest acquisition in the company’s history as it looks to offer more data insights to its clients.

Seattle-based Tableau has more than 86,000 customers, including tech heavyweights such as Verizon Communications and Netflix.

As part of the all-stock deal, Tableau shareholders will get 1.103 Salesforce shares, valuing the offer at $177.88 per share, representing a premium of 42% to Tableau’s Friday closing price.

Salesforce’s deal comes days after Alphabet’s Google big-data analytics company Looker for $2.6 billion and surpasses the $5.9 billion that the cloud-based software company paid to buy U.S. software maker MuleSoft in 2018.

“The acquisition accelerates Salesforce’s roadmap for their Customer 360 initiative, which helps companies gain a complete view of their customers, and more broadly their analytics initiative,” Wedbush Securities analyst Steve Koenig said.

Big data analytics is a complex process used to uncover hidden patterns, unknown correlations, market trends and customer preferences that often help companies make better business decisions.

The deal is expected to close in the third quarter, after which Tableau will operate independently, led by Chief Executive Officer Adam Selipsky and its current leadership team.

“Tableau helps people see and understand data, and Salesforce helps people engage and understand customers,” Salesforce co-CEO Marc Benioff said. The San Francisco-based company said the deal is likely to add up to $400 million in its 2020 revenue, but would decrease adjusted profit by about 37 cents to 39 cents per share.

The company said it now expects 2020 adjusted profit in the range of $2.51 per share to $2.53 per share. Analysts were expecting $2.90 per share, according to IBES data from Refinitiv.

Shares of Tableau jumped 35% to $169.50, while those of Salesforce fell 5% to $156.43 in premarket trading.

“Salesforce shares are trading down, may be out of fears that the company is buying growth because organic growth is slowing. It’s a natural question to ask,” Koenig said.

Bank of America/Merrill Lynch was the financial adviser to Salesforce and Goldman Sachs advised Tableau.


Company: cnbc, Activity: cnbc, Date: 2019-06-10  Authors: kate rogers
Keywords: news, cnbc, companies, billion, deal, share, buy, company, allstock, helps, tableau, software, salesforce, data, customers


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Stocks making the biggest moves midday: Beyond Meat, GameStop, Tableau, Raytheon & more

Beyond Meat CEO Ethan Brown speaks before ringing the opening bell at Nasdaq MarketSite, May 2, 2019 in New York City. Check out the companies making headlines in midday trading Monday:Beyond Meat— Shares of Beyond Meat popped 21%, on pace for its third best day ever. The maker of plant-based meat substitutes has surged nearly 600% from its IPO price of $25 per share. Tableau Software— Shares of Tableau soared more than 33% after Salesforce.com said it will buy the big data firm for $15.3 billio


Beyond Meat CEO Ethan Brown speaks before ringing the opening bell at Nasdaq MarketSite, May 2, 2019 in New York City. Check out the companies making headlines in midday trading Monday:Beyond Meat— Shares of Beyond Meat popped 21%, on pace for its third best day ever. The maker of plant-based meat substitutes has surged nearly 600% from its IPO price of $25 per share. Tableau Software— Shares of Tableau soared more than 33% after Salesforce.com said it will buy the big data firm for $15.3 billio
Stocks making the biggest moves midday: Beyond Meat, GameStop, Tableau, Raytheon & more Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-10  Authors: maggie fitzgerald
Keywords: news, cnbc, companies, buy, shares, gamestop, tableau, stocks, meat, companies, moves, company, price, midday, surged, stock, biggest, making, sell, rose, raytheon


Stocks making the biggest moves midday: Beyond Meat, GameStop, Tableau, Raytheon & more

Beyond Meat CEO Ethan Brown speaks before ringing the opening bell at Nasdaq MarketSite, May 2, 2019 in New York City.

Check out the companies making headlines in midday trading Monday:

Beyond Meat— Shares of Beyond Meat popped 21%, on pace for its third best day ever. Earlier the stock hit $186.43 per share, an all-time high. The maker of plant-based meat substitutes has surged nearly 600% from its IPO price of $25 per share. The company soared a whopping 39% on Friday after it reported better-than-expected first-quarter earnings.

Retail stocks surged as the S&P retail ETF the XRT rose 0.8%. Two of the leaders of the XRT included GameStop, which jumped 8% after the gaming company announced it would buy back up to 12 million shares and Shutterfly, which rose 7% but closed up only 2%, after Reuters reported Apollo Global Management is in the lead to buy the company.

Shares of United Technologies fell 3% and Raytheon jumped less than 1% after the companies announced the previous day that they would merge into a defense and aerospace giant. The new company will be the second-largest aerospace and defense company in the U.S. by revenue, behind Boeing, as the companies estimate a combined annual sales of around $74 million. The new company will be called Raytheon Technologies.

Tableau Software— Shares of Tableau soared more than 33% after Salesforce.com said it will buy the big data firm for $15.3 billion. The all-stock deal is the biggest acquisition in Salesforce’s history as it seeks to provide more data insights to its clients. Shares of Salesforce fell 5%.

Tilray— Shares of Tilray surged more than 11% after the Canadian weed company said it has reached a deal with private equity fund Privateer Holdings to sell the fund’s stake gradually over the next two years. Privateer is a cannabis company backed by venture capitalist Peter Thiel, and it holds 75 million Tilray shares, or 77% of the outstanding shares.

Redfin— Shares of online real-estate company Redfin jumped more than 7% after Stephens upgraded the stock to overweight from underweight and raised its target price to $23 from $18. Stephens said the company is beginning to “lay the groundwork for more e-commerce type” offerings in the real estate space.

Analog Devices— Shares of Analog Devices rose more than 5% after Goldman Sachs upgraded the chipmaker to buy from sell. Goldman updated its 12-month price target to $114 for Analog. Since the bank put Analog on its sell list, the stock has risen 21%, leading Goldman to conclude its sell thesis “has not worked.”

Spark Therapeutics— Shares of Spark Therapeutics tanked more than 8% on news that Swiss drugmaker Roche’s $4.3 billion bid to buy the U.S. gene therapy specialist was delayed again due to U.S. and UK scrutiny. The U.S. Federal Trade Commission requested information and the UK Competition and Markets Authority opened an investigation into the two companies.

— CNBC’s Yun Li contributed to this report.


Company: cnbc, Activity: cnbc, Date: 2019-06-10  Authors: maggie fitzgerald
Keywords: news, cnbc, companies, buy, shares, gamestop, tableau, stocks, meat, companies, moves, company, price, midday, surged, stock, biggest, making, sell, rose, raytheon


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Chart signals double-digit rally for gold

Gold is now just 1% away from its 52-week intraday high of $1,349.80 from February, and TradingAnalysis.com’s Todd Gordon believes it may soon surpass that level. Gold has been steadily climbing this year and is now trading around a key level that has provided resistance in the past. This activity, Gordon believes, could lead to an acceleration in gold’s climb, lifting it back to former highs and maybe even as high as $1,500. Like Gordon, Point View Wealth Management’s John Petrides believes inv


Gold is now just 1% away from its 52-week intraday high of $1,349.80 from February, and TradingAnalysis.com’s Todd Gordon believes it may soon surpass that level. Gold has been steadily climbing this year and is now trading around a key level that has provided resistance in the past. This activity, Gordon believes, could lead to an acceleration in gold’s climb, lifting it back to former highs and maybe even as high as $1,500. Like Gordon, Point View Wealth Management’s John Petrides believes inv
Chart signals double-digit rally for gold Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-07  Authors: pippa stevens
Keywords: news, cnbc, companies, rally, commodity, chart, portfolio, believes, current, high, gordon, trading, doubledigit, gold, signals, buy, market


Chart signals double-digit rally for gold

The gold trade is shining bright.

Investors rushed into the commodity on Thursday, pushing it to a four-month high. Gold is now just 1% away from its 52-week intraday high of $1,349.80 from February, and TradingAnalysis.com’s Todd Gordon believes it may soon surpass that level.

After examining the charts, he says bullion could climb as high as $1,500.

Gordon points out that gold rallied from $250 in 2001 to nearly $2,000 in 2011 but has been stuck in a trading range since then.

Gold has been steadily climbing this year and is now trading around a key level that has provided resistance in the past. Since the commodity is knocking at former highs, Gordon believes that “the next $60” will see a lot of “buy stops going off,” which is when traders place orders ahead of time to buy something once it hits a specific price.

This activity, Gordon believes, could lead to an acceleration in gold’s climb, lifting it back to former highs and maybe even as high as $1,500.

In addition to gold looking attractive on a technical basis, Gordon notes that the current economic backdrop of a dovish Fed, a weak dollar and a rise in geopolitical tensions supports a boom in the commodity. “There’s a strong correlation right now with gold and bonds,” he said, noting that if rates continue to fall it will “help push” gold out of its current consolidation. “Lot of … reasons for gold to push up, so I’m looking to add to my portfolio,” he said.

Gold has traditionally been viewed as a “safe haven” asset — something investors buy during times of market uncertainty to hedge against declines in the broader market. Gold owners argue that there will always be a demand for the commodity, so they believe it will retain its value.

Like Gordon, Point View Wealth Management’s John Petrides believes investors should have exposure to gold as part of a well-diversified portfolio. Rather than buy the commodity outright, he suggests using a vehicle like the VanEck Vectors Gold Miners ETF.

“The commodity itself doesn’t throw off any cash flow. There’s no economic value to it, so through the miners at least you can get a dividend and they can control costs and their margins,” he said Thursday on CNBC’s “Trading Nation.”

Petrides argues that a position in gold can protect against a black swan event, and that with the current rising jitters in the market, now is a good time to accumulate a position.

“You want to start with a 2.5% – 3% position of a portfolio now because you just don’t know when those issues [geopolitical risk with Iran, cracks in the ECB, etc.] will come to roost. So when they do at least you’re prepared and you don’t have to react,” he said.


Company: cnbc, Activity: cnbc, Date: 2019-06-07  Authors: pippa stevens
Keywords: news, cnbc, companies, rally, commodity, chart, portfolio, believes, current, high, gordon, trading, doubledigit, gold, signals, buy, market


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Buy Uber because it will be a leader in the coming ‘offline era,’ Raymond James says

Uber is strongly positioned for the coming “offline era” of internet, according to Raymond James. “In contrast to traditional Internet companies, Uber is a digital app powering offline behavior,” he said. However, he said, internet businesses are increasingly shifting to offline from online, and Uber has capitalized on that early, which creates a better long term strategy. Raymond James initiated coverage of the stock with an outperform rating and a target price of $50. Uber’s stock is down abou


Uber is strongly positioned for the coming “offline era” of internet, according to Raymond James. “In contrast to traditional Internet companies, Uber is a digital app powering offline behavior,” he said. However, he said, internet businesses are increasingly shifting to offline from online, and Uber has capitalized on that early, which creates a better long term strategy. Raymond James initiated coverage of the stock with an outperform rating and a target price of $50. Uber’s stock is down abou
Buy Uber because it will be a leader in the coming ‘offline era,’ Raymond James says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-05  Authors: maggie fitzgerald
Keywords: news, cnbc, companies, coming, era, ridehailing, raymond, internet, james, buy, growth, uber, offline, leader, stock, ubers, transportation, york


Buy Uber because it will be a leader in the coming 'offline era,' Raymond James says

Dara Khosrowshahi, chief executive officer of Uber Technologies Inc., speaks on a webcast during the company’s initial public offering (IPO) on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Friday, May 10, 2019.

Uber is strongly positioned for the coming “offline era” of internet, according to Raymond James.

With 93 million monthly active platform customers globally using Uber’s “offline app” for transportation and food delivery, the ride-hailing company can attain 25% revenue growth over the next five years, Raymond James analyst Justin Patterson said in a note to clients Wednesday.

“In contrast to traditional Internet companies, Uber is a digital app powering offline behavior,” he said. “This elevates cost in the early years, but arguably creates a more defensible long-term position.”

Investors’ biggest concern since Uber’s initial public offering last month is its path to profitability. Patterson recognizes that the company’s shares have been pressured on these “reasonable concerns.” However, he said, internet businesses are increasingly shifting to offline from online, and Uber has capitalized on that early, which creates a better long term strategy.

Patterson said Uber’s end-market penetration is less than 1% globally.

“Considering Amazon and Booking sustained 20%+ growth in markets that were more penetrated, we see ample room for outsized growth, ” he said, referring to the parent company of booking.com, Kayak and OpenTable.

Patterson said that with Uber’s market share across transportation, delivery and freight, its growth will accelerate and the competition will “rationalize” over the next 12 months. Investors currently consider the ride-hailing industry to be a duopoly with rival Lyft.

Raymond James initiated coverage of the stock with an outperform rating and a target price of $50.

Uber’s stock is down about 5% since its market debut at the New York Stock Exchange last month. The stock has rallied over 5% in the first days of June.


Company: cnbc, Activity: cnbc, Date: 2019-06-05  Authors: maggie fitzgerald
Keywords: news, cnbc, companies, coming, era, ridehailing, raymond, internet, james, buy, growth, uber, offline, leader, stock, ubers, transportation, york


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

You can buy Jedi robes at Star Wars: Galaxy’s Edge, you just can’t wear them in the park

(Source: David Roark | Disney Parks) A big piece of Star Wars fan culture is cosplaying. For many, Galaxy’s Edge seemed like the perfect place to purchase authentic Star Wars attire and flaunt it in an immersive world. Kitbashing has been a bit part of the Star Wars fan culture for decades. The toymakers at Kenner used this crafting method to create the first prototypes of the original Star Wars toys back in the ’70s. Many of these original models were Fisher Price Adventure People figures paint


(Source: David Roark | Disney Parks) A big piece of Star Wars fan culture is cosplaying. For many, Galaxy’s Edge seemed like the perfect place to purchase authentic Star Wars attire and flaunt it in an immersive world. Kitbashing has been a bit part of the Star Wars fan culture for decades. The toymakers at Kenner used this crafting method to create the first prototypes of the original Star Wars toys back in the ’70s. Many of these original models were Fisher Price Adventure People figures paint
You can buy Jedi robes at Star Wars: Galaxy’s Edge, you just can’t wear them in the park Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-04  Authors: sarah whitten
Keywords: news, cnbc, companies, robes, spire, cant, guests, cast, park, disney, galaxys, buy, fans, star, edge, wear, wars, jedi


You can buy Jedi robes at Star Wars: Galaxy's Edge, you just can't wear them in the park

Guests visiting Star Wars: Galaxy’s Edge at Disneyland Park in Anaheim, California, and at Disney’s Hollywood Studios in Lake Buena Vista, Florida, will be able to wander the lively marketplace of Black Spire Outpost and encounter a robust collection of merchant shops and stalls filled with authentic Star Wars creations. Joshua Sudock | Disney Parks

The Black Spire Outpost on Batuu is finally open at Disneyland Resorts in Anaheim, California. Here fans can immerse themselves in the Star Wars universe by building their own lightsabers and droids, sipping on some blue milk and aligning themselves with the Resistance or the First Order. There’s just one thing parkgoers aren’t allowed to do — wear the Jedi robes they’ve purchased at Black Spire Outfitters. While fans can purchase authentic attire based on the films, they aren’t actually permitted to wear these items in the park, unless they are under the age of 14. This is a far different policy than that of Universal Studios’ Wizarding World of Harry Potter park, where fans of all ages wear robes, sweaters and scarves purchased at the Hogsmeade or Diagon Alley park locations. The no-costume policy has been a long-standing rule at Disney parks. Employees at Disneyland and Disney World often dress in costume, either at retail locations or for meet and greets with fans, and the company doesn’t want guests to be confused for employees. The last thing the company wants is for someone to have a bad experience with a non-Disney employee and blame it on the park staff. It’s also for safety. Disney doesn’t want a young child to mistake a guest for a vetted staff member. For Batuu, Walt Disney Imagineering spent three years developing the costumes for its cast — and uniforms aren’t one size fits all. The team designed the wardrobe to be modular, allowing cast members to pick and choose from a variety of different clothing, including tunics, wraps and vests, to create their own signature look.

At Star Wars: Galaxy’s Edge at Disneyland Park in Anaheim, California, and at Disney’s Hollywood Studios in Lake Buena Vista, Florida, guests will find highly detailed Disney Cast Member costumes unique to each area and attractions throughout Black Spire Outpost, a village on the planet of Batuu. Cast Members in costumes from the Resistance (left) and First Order (right) will interact with guests in Star Wars: Rise of the Resistance, opening later this year. Christian Thompson | Disney Parks

Since the cast doesn’t have one uniform look, it could be even harder to discern cast from guest at first glance, even with name tags. NBCUniversal has a similar policy, stipulating that guests are not allowed to wear “clothing or accessories that may create a false impression that visitors work for Universal.”

‘You don’t want the First Order to see you’

While these rules are a blanket security measure and a way for Disney to protect its brand, fans visiting Batuu have been disappointed that, after shelling out $125 on a set of robes, they are not permitted to wear them. “95% of my motivation to buy Jedi robes just went away,” one Twitter user said. “I’m an adult with a full time job. When would I actually wear their expensive Jedi robes, if not at the park?” At Black Spire Outfitters inside Star Wars: Galaxy’s Edge at Disneyland Park in Anaheim, California, and at Disney’s Hollywood Studios in Lake Buena Vista, Florida, guests will be able to mix and match clothing to create their own galactic style. (Source: David Roark | Disney Parks) A big piece of Star Wars fan culture is cosplaying. Fans will spend hundreds of dollars creating the perfect costume of their favorite character or crafting one of their own design. They don these elaborate looks at comic conventions, fan events and even charity events. For many, Galaxy’s Edge seemed like the perfect place to purchase authentic Star Wars attire and flaunt it in an immersive world. It seems that not all employees in the park are heavily enforcing the no-robes rule. “I experimented with wearing my Jedi robes all day today and walked near a lot of managers and security, and nobody’s enforcing the no-Jedi-robes rule,” Jenny Nicholson, a YouTube video maker and self-proclaimed amateur theme park fan, wrote on Twitter. Employees that do spot guests in Jedi robes and want them to take them off have been spotted saying, “You don’t want the First Order to see you,” as a way of hinting that parkgoers shouldn’t be wearing the item. If the person doesn’t take the hint, the staff member has politely asked that the cloaks be removed. There is also signage in Black Spire Outfitters near the robes that reiterates Disney’s costume policy. “Cast members at shops politely ask that you not wear the costumes once you purchase them, but we did see plenty of ‘Disney bounders’ whose outfits may as well have been costumes,” Dan-O Florez, a Star Wars YouTuber, said. “So mileage may vary.”

Disney bounding

While Disney has strict rules in all of its parks that guests are not allowed to don costumes, the company is encouraging older fans to wear outfits inspired by their favorite characters. This is called “Disney bounding.” This trend was started around 2013 by blogger Leslie Kay. Kay was planning a trip to Walt Disney World and was so excited that she created a blog called “The DisneyBound.” Here, she shared outfits inspired by her favorite Disney characters using social commerce website Polyvore. The style caught on and soon other Disney enthusiasts were creating their own character-inspired outfits. Disney has embraced the Disney bounding trend, even collaborating with Kay on a list of style tips for creating character-inspired looks. The park often celebrates creative Disney bounds on Twitter and openly encourages guests to participate.

Be careful what you kitbash

Disney bounding isn’t the only way fans have been prepping for their trips to Galaxy’s Edge. A number of fans have created their own phone and watch cases specifically for visiting Batuu using a method called kitbashing. Kitbashing is where you take bits and pieces from different model kits and put them together to create something else. Kitbashing has been a bit part of the Star Wars fan culture for decades. The toymakers at Kenner used this crafting method to create the first prototypes of the original Star Wars toys back in the ’70s. Many of these original models were Fisher Price Adventure People figures painted or kitbashed to look like the characters from “Star Wars: A New Hope.” The interactive apps at Galaxy’s Edge inspired fans to create special phone cases that look like datapads in the Star Wars films using odds and ends from Lego and other modeling kits. YouTuber Florez warned that fans should be cautious when they are creating these cases. He said one security officer saw his phone case and he was asked to throw it away or bring it back to his car. Florez said his case had a bit of exposed wiring on the back and that was the reason he was told he could not bring it into the park. “The only reason it got caught is because the security guards at the bag check and metal detectors liked it so much they called over their manager to see how cool it was,” Florez said. “Once he saw it, he had a concerned look on his face. He truly did feel bad for having to do that.” Disney security’s rules require that if they are unable to identify an object they do not permit it into the park. They will ask the guest to either throw the item in question away or to take it back to their car or hotel. Florez said the security guard explained that the day before they had someone throw away a battery charger because of exposed wires. “They were all really nice about it and were just doing their job keeping us all safe, so I’m not upset over it,” Florez said of the security staff. “I just want others to be warned just in case they do ‘too good of a job.'”


Company: cnbc, Activity: cnbc, Date: 2019-06-04  Authors: sarah whitten
Keywords: news, cnbc, companies, robes, spire, cant, guests, cast, park, disney, galaxys, buy, fans, star, edge, wear, wars, jedi


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Amazon would be ‘bat—- crazy’ to buy a wireless carrier, analyst says

Amazon would be “bat—- crazy” to enter the wireless market by purchasing Sprint’s Boost Mobile brand, analysts at Moffett Nathanson wrote in a report. In a note entitled, “Sprint and T-Mobile: Welcome to Crazy Town, ” the analysts reacted on to a Reuters report last week that said Amazon is considering the deal. Amazon has mainly been interested in buying the brand for the wholesale deal that would allow it to use T-Mobile’s wireless network for at least six years, a source told Reuters. “The


Amazon would be “bat—- crazy” to enter the wireless market by purchasing Sprint’s Boost Mobile brand, analysts at Moffett Nathanson wrote in a report. In a note entitled, “Sprint and T-Mobile: Welcome to Crazy Town, ” the analysts reacted on to a Reuters report last week that said Amazon is considering the deal. Amazon has mainly been interested in buying the brand for the wholesale deal that would allow it to use T-Mobile’s wireless network for at least six years, a source told Reuters. “The
Amazon would be ‘bat—- crazy’ to buy a wireless carrier, analyst says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-03  Authors: lauren feiner
Keywords: news, cnbc, companies, analyst, analysts, business, bat, amazon, buy, network, wrote, market, networks, vehicles, brand, crazy, wireless, carrier


Amazon would be 'bat---- crazy' to buy a wireless carrier, analyst says

Amazon would be “bat—- crazy” to enter the wireless market by purchasing Sprint’s Boost Mobile brand, analysts at Moffett Nathanson wrote in a report.

In a note entitled, “Sprint and T-Mobile: Welcome to Crazy Town, ” the analysts reacted on to a Reuters report last week that said Amazon is considering the deal. Amazon has mainly been interested in buying the brand for the wholesale deal that would allow it to use T-Mobile’s wireless network for at least six years, a source told Reuters. T-Mobile and Sprint agreed to sell the prepaid cellphone brand as one of several concessions meant to reduce the market share as part of its planned $26 billion merger.

“The idea that Amazon would actually want to enter the wireless market is bad enough,” the analysts said in Friday’s note. “Over its now forty-year history, the wireless industry has never generated a return on invested capital meaningfully in excess of its cost of capital. And that’s before the entry of a player like Amazon.”

The analysts conceded Amazon may hope to own wireless networks to facilitate its other goals, like operating piloted delivery drones and driverless vehicles, but they said it would be “economically insane” to buy a network for this purpose.

Given that AT&T and Verizon have both spent over $100 billion on building up their own networks in the past decade and that networks need to be open to work economically, “achieving competitive advantage in an adjacent business on the basis of one’s network is a fool’s errand,” they wrote.

“If having a network for the purposes of drones or driverless vehicles is ever going to be mission critical to Amazon’s business, it would be a strategic blunder of epic proportions to bring such a network in-house,” Moffett Nathanson analysts wrote. “Oh, and did we mention the fact that telecom is, by its very nature, a highly regulated business? Would Amazon really want to open itself to the regulatory scrutiny and limitations that come with being a telecom provider?”

Subscribe to CNBC on YouTube.

Watch: Boost Mobile founder Peter Adderton on Sprint’s sale of the company


Company: cnbc, Activity: cnbc, Date: 2019-06-03  Authors: lauren feiner
Keywords: news, cnbc, companies, analyst, analysts, business, bat, amazon, buy, network, wrote, market, networks, vehicles, brand, crazy, wireless, carrier


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post