Stock Market Today: Live Updates

An hour ago

Goldman Sachs tops Apple by more than 30%

Goldman analyst Michael Ng initiated Apple with a Buy rating and a $199 price target, representing a potential upside of roughly 32%.

“The bulk of gross profit growth over the next 5 years should be driven by services, which should signal a shift in the services investment narrative and favor AAPL’s premium multiple,” he said in a note to clients on Sunday. “The durability of Apple’s established platform and the visibility of revenue growth from combining more services and products supports the recurring revenue – or Apple-aa-Service – opportunity.”

– Alex Haring

7 hours ago

European markets: Here are the opening calls

European markets are heading for a positive start to the new trading week.

UK’s FTSE 100 index is expected to gain 1 point to 7,950, Germany’s DAX is expected to rise 49 points to 15,635, France’s CAC is expected to rise 35 points to 7,391 and Italy’s FTSE MIB is expected to rise 143 points to 27,992.

Data releases include euro zone retail sales for January and German industrial orders for the same month.

– Holly Elliott

12 hours ago

CNBC Pro: Goldman Sachs adds 3 stocks to its firm buy list, giving it a 100% upside

12 hours ago

CNBC Pro: Wall Street pros name the biggest risk to the stock market — and reveal how to trade it

6 hours ago

CNBC Pro: These 3 Stocks Have Profited Every Year for a Decade — And Are Expected to Keep Rising

13 hours ago

CNBC Pro: Daily trading in zero-day options hits $1 trillion, prompting fears of ‘Valmageddon 2.0’

Zero-day-to-expiration options are not for the faint of heart, but they have exploded in popularity of late, fueling concerns of excessive volatility in the market.

Daily notional volumes in these 0DTE options, which track the S&P 500 index, reached $1 trillion, according to JPMorgan data. Marko Kolanovic, JP Morgan’s top strategist, warns of the risk of “Volmageddon 2.0” if activity continues to accelerate. Meanwhile, Goldman Sachs’ trading desk called the record volume of these swift deals “shocking.”

CNBC Pro subscribers can read the full story here.

– Yun Li

13 hours ago

January factory orders data will be released on Monday

Investors expect the latest factory orders data to be released at 10 a.m. ET on Monday to provide insight into conditions in the manufacturing sector.

Economists polled by Dow Jones expected a 1.8% drop in January, a decline from a 1.8% gain in the previous reading.

– Sarah Min

13 hours ago

Stock futures have changed little

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