Tesla, AMC, Energy Stocks, and More Stock Market Movers Friday

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Carnival stock is suffering its worst year on record, but looks ‘overly compelling’ to this analyst

Shares of Carnival Corp. have had a really bad year, even worse than the pandemic year of 2020. And that’s what makes Stifel Nicolaus analyst Steven Wieczynski believe the stock is now “overly compell...

Tesla stock suffers longest losing streak since March 2020 after Wedbush slashes price target by 30%

Shares of Tesla Inc. suffered their longest losing streak since the start of the COVID pandemic, after Wedbush analyst Dan Ives slashed his price target by 30%, citing “demand cracks” for the fourth q...

A Tesla Bull Sees Demand Softening. The Price Target Is Cut Again.

Elon Musk’s actions with Twitter aren’t the only thing concerning Tesla fans as the electric-vehicle stock heads for its worst-ever quarter. Tesla (ticker: TSLA) is now facing competitive headwinds in...

Coinbase plunges 86% in 2022, amid FTX-inspired slump. But one analyst says ‘you have to have a multiyear time frame.’

Hello there and seasons greetings! This is Mark DeCambre, Editor in Chief at MarketWatch. The hottest story in crypto land remains FTX, even as we hurtle toward 2023. It is a fast-evolving situation. ...

AT&T Stung Investors by Spinning Off Warner Bros. Discovery

AT&T ‘s April decision to parcel out its big interest in Warner Bros. Discovery to all shareholders, rather than giving them the option of receiving an equivalent amount of the phone company’s sto...

Sell AT&T Stock After Recent Run, Says Analyst

The U.S. telecom sector has seen widely divergent performance among its primary players this year, with T-Mobile US soaring past rivals AT&T and Verizon Communications in market capitalization. Ve...

DraftKings Is Questioned by the Market. Citi Says the Stock Is a Buy.

DraftKings doesn’t get enough credit from the market, says one Citi analyst, citing the company’s ability to grow as more states legalize online sports betting. In a research note issued Thursday, Cit...

Royal Caribbean Stock Could Rise 35%. How It Beat Other Cruise Lines With its Recovery.

These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. The reports are a sampling of analysts’ thinking; they should not be considered the views or rec...

Given up on Wall Street? Here’s how stocks could rally 20% next year, says veteran analyst

Just two weeks of 2022 to go and the stock market mood remains grim. The latest burst of optimism, on further evidence that U.S. inflation continues to ease, has again evaporated. Equity investors fea...

Amazon stock still a ‘compelling opportunity’ despite cloud concerns, says JPMorgan

Sentiment toward Amazon.com Inc.’s stock “is at a multiyear low,” according to JPMorgan analyst Doug Anmuth, but he thinks investors aren’t giving the e-commerce giant enough credit. A main source of ...

Buy Nvidia, AMD, and Qualcomm Stock, Analyst Says. Here’s Why.

After a difficult year for chip stocks, Bernstein is telling investors to take advantage of the share price declines and buy three semiconductor companies that have the best product outlooks. On Frida...

AMD Is Morgan Stanley’s Top Chip Stock Pick for Next Year

Morgan Stanley says Advanced Micro Devices stock is providing an attractive buying opportunity on the back of its strong lineup of server processors. On Thursday, semiconductor analyst Joseph Moore ma...

BioNTech upgraded to buy on high hopes for combined flu/COVID vaccine and oncology pipeline

Bank of America analysts upgraded BioNTech SE stock to buy from hold on Thursday, citing excitement about its mRNA technology and the outlook for a combined flu/COVID vaccine and oncology vaccines tha...

Tesla and four other laggards should be avoided next year, this technical analyst says

Stocks seem stuck. The S&P 500 SPX has been wobbling within a 200-point channel for about a month. Market frenemy Jay Powell on Wednesday made sure with his hawkish stance that it didn’t challenge...

Adobe Stock Rallies as Profits Top Expectations

Adobe shares gained ground after the provider of content development and marketing software tools posted better-than-expected quarterly profits. While the numbers for Adobe’s fiscal fourth quarter, en...

Qualcomm Stock Could Rise in 2023. J.P. Morgan Cites 3 Reasons Why.

Text size Qualcomm President and CEO Cristiano Amon. Ethan Miller/Getty Image J.P. Morgan predicts Qualcomm, a maker of mobile processors and 5G wireless chips, is primed for a comeback next year. On ...

Carvana, CarGurus stocks started at hold rating by Citi

Citi analysts on Tuesday started covering Carvana Co. and CarGurus Inc. stocks at the equivalent of a hold rating, saying the online car marketplaces stand to benefit from growing consumer desire for ...

Oracle’s ‘practically perfect’ earnings report sends stock higher

Oracle Corp.’s cloud offerings and its Cerner business were highlights of the software company’s second-quarter results, analysts say. Oracle ORCL, -0.89% beat Wall Street’s top- and bottom-line expec...

One company could determine if U.S. corporate profits rise to a record next year

As Wall Street looks toward 2023, earnings growth for the companies that make up the S&P 500 index could hinge on just one of them: Amazon.com Inc. Amazon AMZN, -1.39%, the online retail giant who...

Broadcom refuses to provide full-year outlook, cites limited visibility as it ‘scrubs’ backlog

Broadcom Inc. late Thursday gave Wall Street analysts quarterly earnings and an outlook that topped consensus estimates, hiked its dividend and recommitted to share buybacks, yet analysts kept asking ...

AT&T has been ‘a star’ this year. Why this analyst says its stock can be one too.

AT&T Inc. has gotten itself out of its unwieldy media gamble, and the company is back to making strides in what it does best. The refined focus and wireless momentum have given the stock’s story a...

AT&T Stock Is Now a Buy, This Analyst Says. Growth Potential Is Why.

AT&T has had a strong year, and it’s now on pace for “sustainable long-term growth,” according to Argus Research. Analyst Joseph Bonner upgraded shares of AT&T (ticker: T) to Buy from Hold and...

Tesla has a demand problem, or so a Tesla bear says

Tesla Inc.’s recent price cuts on vehicles sold in the U.S. and China point to a possible demand problem, one that could persist into 2023 and cut down on the electric-vehicle maker’s margins. That’s ...

Norwegian Stock Is a Buy, Royal Caribbean Is a Sell, Says Analyst. Here’s Why.

Norwegian Cruise Line Holdings has strong growth opportunities, while Royal Caribbean Group will be dealing with near-term funding requirements, according to a J.P. Morgan analyst. Daniel Adam assumed...

FIS stock enjoys best week since 2020, marking bright spot in tough recent stretch

Shares of Fidelity National Information Services Inc. notched their best weekly performance since the early days of the pandemic this week as analysts chimed in with upbeat views about the financial-t...

Buy Zillow stock now to profit from ‘brighter environment’ next year, UBS says

Investors should buy Zillow Group Inc. now, UBS says, even if they have to wait a year before the U.S. housing market starts improving. Analyst Lloyd Walmsley initiated research coverage of the online...

Snowflake stock drops after sales forecast that CFO admits is ‘conservative’

Shares of Snowflake Inc. fell more than 5% in after-hours trading Wednesday, when the data-software company’s executives announced quarterly revenue that topped expectations but came up shy with their...

Carvana Stock Downgraded After a 97% Drop. Why Analysts Waited.

Carvana stock is falling in Wednesday trading, following a BofA Securities downgrade. The move comes after the stock has swooned 97% so far this year, although BofA isn’t alone in riding the used-car ...

Banks are short more than $1 trillion in capital, says this analyst, who fears the shortfall will only get worse

The new year is nearly upon us, and one idea for where to invest is the banking sector, whose margins benefit from the high interest rates, at not terribly demanding valuations. That claim may surpris...

Private-prison stock hits two-year high as analysts cite potential for more detention beds, detention alternatives

Shares of private-prison operator GEO Group Inc. jumped to their highest level in roughly two years on Tuesday after Wedbush analysts upgraded the stock, citing a GOP-controlled House, possible change...

Competitors chip away at Tesla’s share of U.S. EV market

DETROIT — New electric vehicle models from multiple automakers are starting to chip away at Tesla’s dominance of the U.S. EV market, according to national vehicle registration data. But numbers collec...