Alex Harring

1 day ago | cnbc.com | Alex Harring

With Apple's earnings report on the horizon, multiple Wall Street analysts cut down their price targets for the technology titan. Goldman Sachs, UBS and Wells Fargo all slashed their targets for the stock ahead of the company's report next week. Apple's earnings release comes at an important moment for the company, with investors concerned about potential impacts from tariffs and broader economic uncertainty.

1 day ago | cnbc.com | Alex Harring

After Tesla's first-quarter earnings miss, Wall Street analysts are wondering what's next for the electric vehicle giant. Tesla earned an adjusted 27 cents per share on $19.34 billion in the first quarter, while analysts polled by LSEG forecasted 39 cents earned and $21.11 billion in revenue. The company said it would "revisit" its guidance in the second quarter update. The report comes as Tesla faces protests across the world following CEO Elon Musk's foray into conservative politics.

1 day ago | cnbc.com | Alex Harring

Bernstein sees the recent pullback in Cava shares as overdone. Analyst Danilo Gargiulo upgraded shares of the fast-casual restaurant chain to outperform from market perform. Gargiulo's $115 price target implies 41.5% upside over Tuesday's closing level. "We believe the market is overly discounting near-term risks while under-valuing the long-term growth story," Gargiulo said in a Wednesday note to clients. Cava's stock popped more than 4% in Wednesday premarket trading following the upgrade.

1 day ago | cnbc.com | Alex Harring

As the U.S. dollar slides and the stock market whipsaws, investors are pilling into the Swiss franc. The currency, long considered a safe haven for traders in search of respite from the current market volatility, has seen upward pressure as the greenback struggled. Compounding concerns about the state of U.S. economy and President Donald Trump's tariffs have pushed market participants away from the U.S. dollar in recent weeks.

2 days ago | cnbc.com | Alex Harring

Check out the companies making headlines in midday trading. 3M — The manufacturing conglomerate jumped 8% on a first-quarter earnings beat. 3M earned an adjusted $1.88 per share on $5.78 billion of revenue, topping the LSEG consensus forecasts of $1.77 per share and $5.76 billion in revenue. RTX — The defense name sank 9%. Despite posting better-than-expected earnings for the first quarter, management's comments to analysts about the expected impacts of tariffs rattled investors.