USA: Stocks to watch on Wall Street - 01/19/2022 at 15:36

USA: Stocks to watch on Wall Street – 01/19/2022 at 15:36

(Photo credit: Flickr - Scott Bell)

(Photo credit: Flickr – Scott Bell)

PARIS (Reuters) – The top stocks to watch on Wednesday on Wall Street as major index futures point to an open around 0.4% for the Dow Jones .DJI and Standard & Poor’s 500. SPX, while the Nasdaq could start. 0.6% profit:

* TESLA TSLA.O – The automaker’s stock rose 0.9% off the market, as Piper Sandler said the electric car maker’s market share was limited only by its production capacity as two new plants in the group are supposed to enter service this year.

* FORD FN – The automaker announced Tuesday that its fourth-quarter results will include a $8.2 billion (€7.2 billion) gain from its investment in RIVIAN Automotive RIVN.O, which went public in early November. Ford shares rose 0.5% ahead of the market and Rivian Automotive shares rose 1%.

* Bank of America Corp. BAC.N on Wednesday reported an increase in fourth-quarter profit thanks to a jump in mergers and acquisitions and loans. The measure advanced 2.6% in pre-market. nL8N2TZ3BO

Morgan Stanley MS.N — The bank on Wednesday reported better-than-expected fourth-quarter earnings on the back of a boom in mergers and acquisitions and strong fees in its advisory business. The movement gained 1.5% ahead of the market. nL8N2TZ3YN.

* PROCTER & GAMBLE PG.N on Wednesday reported better-than-expected quarterly revenue thanks to higher prices and the spread of the COVID-19 pandemic that boosted demand for its cleaning products. The group also raised its full-year organic revenue forecast. The measure takes 1.6% ahead of the market.

* MGM RESORTS INTERNATIONAL MGM.N advanced 1% to the top, as British conglomerate Entain ENT.L announced that its subsidiary BetMGM it jointly owns with MGM will turn a profit next year.

* CISCO CSCO.O – Communications network equipment maker fell 2.6% in pre-market after downgrading Goldman Sachs’ recommendation to “neutral” on value.

* ALPHABET GOOGL.O — The internet giant is 0.4% ahead of the stock market, and Atlantic Equities has reiterated its advice to “weight” the title with a $3,400 target.

* American Airlines Group AAL.O, Southwest Airlines LUV.N, United Airlines UAL.O, DELTA AIR LINES DAL.N – Many airlines, fearing disruptions, have decided to modify or suspend some of their flights in the United States as part of from rolling out new C-band services for 5G on Wednesday despite a decision by AT&T TN and Verizon VZ.N to delay opening their services near certain airports. nL8N2TZ0HV

* INTEL INTC.O – The US semiconductor manufacturer has ordered next-generation lithography equipment, still in development, from ASML ASML, due to be rolled out in several years, as the industry tries to ramp up its production in the context of a global shortage of electronic components. nL8N2TZ2MF

* NORTONLIFELOCK NLOK.O – The Competition and Markets Authority (CMA), the UK competition authority, has launched an investigation into the proposed $8.6 billion (€7.5 billion) acquisition of Avast AVST.L by NortonLifeLock to determine whether Reduces consumer choice in Britain.

KOHL’S KSS.N — Two close sources said Tuesday that the US distribution group, which was summoned by activist hedge fund Starboard Value to study its options because it was unable to raise its share price, was contacted by a potential buyer in recent days. to discussions.

* PFIZER PFE.N, BIONTECH BNTX.O – No study has yet confirmed that a booster dose of the COVID-19 vaccine is needed for healthy children and adolescents, the World Health Organization said Tuesday.

* Gilad Sciences – The lab announced Tuesday that an unlicensed network of drug distributors and suppliers has sold pharmacies more than $250 million (220.3 million euros) of counterfeit versions of their AIDS treatments over the past two years.

* ORACLE ORCL.N – The US professional software giant announced on Wednesday the opening of a data center in South Africa, its first on the African continent where MICROSOFT MSFT.O and AMAZON AMZN.O have already been set up to provide cloud computing services.

* ACTIVISION BLIZZARD ATVI.O – Baird lowers its value recommendation to “Neutral” to “Excellent” the day after the announcement of the acquisition of MICROSOFT MSFT.O.

*EXXON MOBIL XOM.N – RBC raised its advice on the stock to “perform in line with the sector” for “underperformance,” raising its price target from $70 to $90.

(By Claude Chengo, Editing by Blandin Hainaut) ((Rédaction de Paris; +33 1 49 49 50 00))

((For results calendar, double click RESF/US, for recommendations changes, click RCH/US))

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