CNBC's Final Trades: AMD, Stanley Black & Decker, Qualcomm, Berkshire Hathaway
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-CNBC's "Fast Money: Halftime Report"
-CNBC's "Fast Money: Halftime Report"
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| Company | Date | Price Target | Rating | Analyst |
|---|---|---|---|---|
| 10/30/2024 | $210.00 → $185.00 | Buy | TD Cowen | |
| 9/6/2024 | $107.00 | Equal-Weight | Morgan Stanley | |
| 8/20/2024 | Buy | Edward Jones | ||
| 8/19/2024 | $210.00 | Buy | TD Cowen | |
| 7/15/2024 | $200.00 → $210.00 | Buy | TD Cowen | |
| 6/10/2024 | $176.00 | Overweight → Equal-Weight | Morgan Stanley | |
| 6/4/2024 | $100.00 → $86.00 | Overweight → Equal Weight | Barclays | |
| 5/13/2024 | $200.00 → $190.00 | Buy | Jefferies |
TD Cowen reiterated coverage of Advanced Micro Devices with a rating of Buy and set a new price target of $185.00 from $210.00 previously
Morgan Stanley initiated coverage of Stanley Black & Decker with a rating of Equal-Weight and set a new price target of $107.00
Edward Jones initiated coverage of Advanced Micro with a rating of Buy
NEW BRITAIN, Conn., Nov. 20, 2024 /PRNewswire/ -- Stanley Black & Decker (NYSE:SWK), today hosted its 2024 Capital Markets Day with investors at the New York Stock Exchange and via live webcast. At the event, members of Stanley Black & Decker's leadership team provided an update on the Company's strategic imperatives and how its strategy is designed to deliver the Company's long-term earnings potential. Key Takeaways From Capital Markets Day The path to successfully completing the strategic transformation, through which it believes it has established a solid foundation for growth.The actions it is taking to deliver on its priorities of operational excellence, market share growth and balance
SANTA CLARA, Calif., Oct. 29, 2024 (GLOBE NEWSWIRE) -- AMD (NASDAQ:AMD) today announced revenue for the third quarter of 2024 of $6.8 billion, gross margin of 50%, operating income of $724 million, net income of $771 million and diluted earnings per share of $0.47. On a non-GAAP(*) basis, gross margin was 54%, operating income was $1.7 billion, net income was $1.5 billion and diluted earnings per share was $0.92. "We delivered strong third quarter financial results with record revenue led by higher sales of EPYC and Instinct data center products and robust demand for our Ryzen PC processors," said AMD Chair and CEO Dr. Lisa Su. "Looking forward, we see significant growth opportunities a
Third Quarter Gross Margin Up Versus Prior Year as Supply Chain Transformation Continues Driving Margin Expansion Strong Third Quarter Cash Generation Supports Ongoing Capital Allocation Priorities Focused on Shareholder Dividends and Further Debt Reduction NEW BRITAIN, Conn., Oct. 29, 2024 /PRNewswire/ -- Stanley Black & Decker (NYSE:SWK), a worldwide leader in tools and outdoor, today announced third quarter 2024 financial results. Third Quarter Revenues of $3.8 Billion, Down 5% Versus Prior Year as Growth in DEWALT Was Offset by Mixed End Market Demand; Infrastructure Divestiture Impacted Revenue Growth by -2%Third Quarter Gross Margin Was 29.9%, Up 310 Basis Points Versus Prior Year;
3 - ADVANCED MICRO DEVICES INC (0000002488) (Issuer)
4 - ADVANCED MICRO DEVICES INC (0000002488) (Issuer)
4 - ADVANCED MICRO DEVICES INC (0000002488) (Issuer)
SC 13G/A - STANLEY BLACK & DECKER, INC. (0000093556) (Subject)
SC 13G/A - STANLEY BLACK & DECKER, INC. (0000093556) (Subject)
SC 13G/A - STANLEY BLACK & DECKER, INC. (0000093556) (Subject)
NEW BRITAIN, Conn., Nov. 21, 2024 /PRNewswire/ -- Stanley Black & Decker (NYSE:SWK) invites investors and the general public to listen to webcasts of presentations by Pat Hallinan, Executive Vice President and CFO, at the following investor conferences: UBS Global Industrials and Transportation Conference in Palm Beach, FL on Tuesday, December 3, 2024, at 12:10 PM ET.Goldman Sachs Industrials and Materials Conference in New York, NY on Wednesday, December 4, 2024, at 10:00 AM ET.The live webcasts will be available in the "Investors" section of the company's website at www.stanleyblackanddecker.com/investors. A replay of the webcasts will be provided on the website and will be available for 3
NEW BRITAIN, Conn., Nov. 20, 2024 /PRNewswire/ -- Stanley Black & Decker (NYSE:SWK), today hosted its 2024 Capital Markets Day with investors at the New York Stock Exchange and via live webcast. At the event, members of Stanley Black & Decker's leadership team provided an update on the Company's strategic imperatives and how its strategy is designed to deliver the Company's long-term earnings potential. Key Takeaways From Capital Markets Day The path to successfully completing the strategic transformation, through which it believes it has established a solid foundation for growth.The actions it is taking to deliver on its priorities of operational excellence, market share growth and balance
SANTA CLARA, Calif., Nov. 19, 2024 (GLOBE NEWSWIRE) -- Today, AMD (NASDAQ:AMD) announced the following events for the financial community: Forrest Norrod, executive vice president and general manager, Data Center Solutions Business Unit, will attend the UBS Annual Technology Conference on Tuesday, Dec. 3, 2024, at 12:15 PM MST.Jean Hu, executive vice president, chief financial officer and treasurer, will attend the Barclays Global TMT Conference on Thursday, Dec. 12, 2024, at 11:00 AM PST. A webcast of the presentations can be accessed on AMD's Investor Relations website ir.amd.com. About AMD For more than 50 years AMD has driven innovation in high-performance computing, graphics and vi
Advanced Micro Devices, Inc (NASDAQ:AMD) has postponed the launch of its highly anticipated Zen 5 processors, including the 16-core, 32-thread Ryzen 9 9950X, which it claims to be “the world’s most powerful desktop consumer processor.” The company discovered that some initial production units still needed to undergo the full range of quality checks, the Verge reports. The new launch dates are August 8 for the Ryzen 7 9700X and Ryzen 5 9600X and August 15 for the Ryzen 9 9950X and Ryzen 9 9900X. The new lineup includes the Ryzen 9 9950X, Ryzen 9 9900X, Ryzen 7 9700X, and Ryzen 5 9600X. Regarding recent issues faced by Intel Corp (NASDAQ:INTC) with its 13th and 14th Gen desktop pro
Semiconductor stock Advanced Micro Devices (NASDAQ:AMD) was among the technology stocks that fell Wednesday on the heels of earnings reports from Tesla Inc (NASDAQ:TSLA) and Alphabet being dissected by investors. What Happened: AMD stock is now down year-to-date after Wednesday's decline. The drop comes as there was some optimism across social media from photos shared by company CEO Lisa Su. Su shared pictures of an event with Tesla that she attended. "Great spending time with the Tesla team talking about AI, leadership and more! Proud to partner with such an amazing team! Thanks for the invite!" Su tweeted. Benzinga reached out to Tesla and AMD for more commentary on the meeting
This was a fascinating week featuring political shifts, increased market volatility, and a week-long drop in the stock prices of the mega-cap tech leaders that have been supporting the equity market indexes the past couple of years. This week, we’re focused on higher retail sales and wondering if anything will slow the consumer. Higher jobless claims make people think the Fed is almost 100% certain to cut rates by September. China is trying to keep its banks from imploding. Treasury Secretary, Yellen, is shortening the duration of the government bond market leading to larger auctions with less comparative demand. (Don’t worry – we’ll explain.) Finally, I address some critics who insist that
8-K - ADVANCED MICRO DEVICES INC (0000002488) (Filer)
8-K - STANLEY BLACK & DECKER, INC. (0000093556) (Filer)
8-K - STANLEY BLACK & DECKER, INC. (0000093556) (Filer)
Leading tech companies to collaborate on architectural interoperability and simplify software development across the ecosystem; luminaries Linus Torvalds and Tim Sweeney join founding members Broadcom, Dell, Google, Hewlett Packard Enterprise, HP Inc., Lenovo, Meta, Microsoft, Oracle, and Red Hat. Intel Corp. (INTC) and AMD (NASDAQ:AMD) today announced the creation of an x86 ecosystem advisory group bringing together technology leaders to shape the future of the world's most widely used computing architecture. x86 is uniquely positioned to meet customers' emerging needs by delivering superior performance and seamless interoperability across hardware and software platforms. The group will f
Nearly 75% intend to use social media to raise visibility for skilled careersMore than 50% are interested in creating social content showcasing themselves at work to encourage others to join their tradeSocial stigma and lack of parental support cited as barriers to entering careers in skilled labor To help inspire the next generation of tradespeople to enter the trades, DEWALT is encouraging current and future tradespeople to promote their trade on social media utilizing a variety of free downloadable digital banners provided by the Company, using the hashtag #TradeProud on their posts and tag DEWALT.LYON, France, Sept. 9, 2024 /PRNewswire/ -- A recent global survey of young trade profession
SANTA CLARA, Calif., Sept. 03, 2024 (GLOBE NEWSWIRE) -- AMD (NASDAQ:AMD) today announced that Keith Strier has joined the company as senior vice president of global AI markets. Strier has more than 30 years of experience in strategic business and market development, technical engineering and enabling responsible AI deployments. He most recently served as vice president of worldwide AI initiatives at NVIDIA, with responsibility for expanding commercial engagements with foreign governments. At AMD, he will be responsible for expanding the company's AI vision, driving new ecosystem capabilities and accelerating strategic AI engagements globally across public and private sectors. He reports to