UBS

TomatoSpecialist6879

Calls on CROX, PZZA, BP and OXY Puts on everything else, especially UBS, ABNB and SHOP

No-Lack-3144

Layoffs have been continually going on since last year for all banks even JPM unfortunately. The other banks just aren’t really doing them on massive scales like Citi and UBS did. The financial news always shows a few bankers being let go every other month. We’ve already seen layoffs in Asia and wealth management from the big banks so far. There have been other bankers in different departments being laid off, and then we’ve also seen bankers change jobs frequently. If I had to guess, this same pace will continue with more wealth management and international bankers out of jobs. The only way we get massive layoffs in the coming weeks/months would be if a bank collapsed and got absorbed or a bank needs some serious restructuring. UBS is doing more layoffs but they were forced to acquire Credit Suisse last year, so it’s expected from them. Sorry if that wasn’t very helpful.

Cum-Financia1Advis0r

Puts on BAC UBS MS WFC Financial Advisors Calls on NTRS Navy Seal Financial Advisors 

Cum-Financia1Advis0r

NTRS Financial Advisors are an elite team of Navy Seal Financial Advisors  BAC MS UBS WFC are the lower tier Financial Advisors 

Apost8Joe

I'm a 30 year financial advisor veteran. After a dozen years at Morgan Stanley (and Smith Barney before they sold to Morgan), I left to start my own firm, which I grew and sold. As an independent fiduciary, with no conflicts of interest or investment banking BS, I basically spent 20 years taking money from Merrill, UBS, Wells and Morgan. I assure you that many investors, particularly the more intelligent types, despise the big Wall Street firms because they know they're being taken. I never charged 1% and am always fair and transparent with clients. Some negotiate harder and get better rates, but I won't do fee only planning because it's a waste of my time, it's AUM or nothing.

Fine_Magician_790

As a former broker for UBS, do you know what they told us during orientation training for new hires? "We don't care what you like or dislike. Just have a strong opinion for your clients. The firm makes money buying and selling. Just make sure your customers are doing both. " Honest to God truth. Simple business model. Rinse and repeat.

Straight_Turnip7056

Yes, we're forgetting the debt part and cost of borrowing from ECB/wherever they raise cash from. The cash is actually a liability for the bank, whereas lending money is their 'asset'. And, you think this MegaCap French bank with employees always on lunch break, and work culture rooted in socialism, can really compete with UBS, Barclays, HSBC, Citi, JPM??

_oyoy

So much nonsense in one apocalyptic post manipulation by UBS (a company that was already downgraded by Fitch) All of this because one week corrections(+tax). **Tech isn't going anywhere and is about to double till the end of the year/next year++.** Reading this bull$hit is exactly why people lose money (panic sale). NVDA and the gang will be fine. \*Tesla is not a player here, not mature yet (too many problems).

95Daphne

Yeah, the only real reason I can figure for Friday last week for NVDA outside of options market related pressure is because SMCI didn't pre-announce. If someone wants to mention TSM, TSM says that AI chips are growing, it's the other parts of their business that aren't picking up quite yet (they and ASML need to be watched, if they can get bought up, then maybe this will be a 7% move lower over 6 days and that's all for the Nasdaq this time, with there being reason to be concerned in September/October pre-election again, no crash, but hit actual correction territory). I know it's been popular to look for expansion breadth wise by everyone, but I'm not sure the S&P has much shot at making it to UBS's price target for this year without the Nasdaq-100 at least threatening to hit 20k. Last week was the first 5-day (6 if you include the Friday previous) period that truly looked like what we saw in 2022 for a long while, where the Dow/RSP wayyyy outperformed tech in spite of a losing year, but we still in general have mostly looked like how we did in 2023 when the market struggles to me this year (I'm no longer going to include action that is similar to August-October of last year with 2022 like action). If the Dow is posting another +10% year, the Nasdaq is posting at the very least, another +20% year. It's just not likely that you see separation to me.

Yogurt_Up_My_Nose

nobody cares about UBS

doublejesus13

UBS downgraded mag 7 to neutral

EscapedConvictOnAcid

We should all vote for UBS once the AI shit gets good. Everyone can stop being a slave and stay at home and trade options instead. AI BOTS will be the new slaves

HoosierGuy2014

UBS Global Research downgraded its rating of what it calls the “Big Six” tech stocks — Apple, Amazon, Google-parent Alphabet, Meta, Microsoft and Nvidia  — in a note on Monday. Quartz

creemeeseason

D.R. Horton, Inc. (NYSE:DHI) reported better-than-expected second-quarter financial results on Thursday. D.R. Horton posted GAAP EPS of $3.52, topping market estimates of $3.07. The company’s sales came in at $9.100 billion versus expectations of $8.266 billion, according to data from Benzinga Pro. D.R. Horton had 45,000 homes in inventory, of which 27,600 were unsold as of March 31, 2024. D.R. Horton updated FY24 outlook for revenue to $36.7 billion to $37.7 billion (prior view $36 billion-$37.3 billion) vs. the consensus of $36.32 billion. It now expects Homes closed to be 89,000 homes to 91,000 homes (prior view 87,000 homes-90,000 homes). DHI reiterated cash provided by operations guidance of around $3 billion and currently expects share repurchases of ~$1.6 billion. Donald R. Horton, Chairman of the Board, said, “The D.R. Horton team delivered solid results in the second fiscal quarter of 2024, highlighted by earnings of $3.52 per diluted share. Consolidated pre-tax income increased 23% to $1.5 billion on a 14% increase in revenues to $9.1 billion, with a pre-tax profit margin of 16.8%.” D.R. Horton shares rose 0.1% to close at $145.88 on Thursday. These analysts made changes to their price targets on D.R. Horton following earnings announcement. UBS raised the price target on D.R. Horton from $192 to $200. UBS analyst John Lovallo maintained a Buy rating. Barclays cut the price target on D.R. Horton from $186 to $176. Barclays analyst Matthew Bouley

canufeelthelove

UBS DOWNGRADES BIG 6 TECH+ STOCKS (APPLE, AMAZON, ALPHABET, META, MICROSOFT, NVIDIA) TO NEUTRAL FROM OVERWEIGHT What a coincidence.

PeachScary413

If it keeps going down, MSFT could easily drop below $85-90. If we get a reversal I think 2019 is a safe bet, especially with the recent upgrade from UBS to outperform and price target of $130. 

FarLog4503

UBS laying off 60% ?

Fine_Magician_790

My UBS interview required me to role play about picking up a female at a bar. How would I handle the scenario? And possible rejection? They had 16,250 applicants that year for 12 slots in the training class. So what...get your Series 63, 6, and 7.... wherever you can and keep trucking.

taikotaki

Any opinions on UBS, layoffs going to happen in June I think the stock will have a downtrend heading up to June

CollabSensei

I keep seeing how it is an election year as justification for a rate cut. Keep in mind the fed has continued to say how fiscal restraint is necessary, and government spending needs to be managed. The expectations for all these rate cuts really came from UBS at the end of 2023. I think the fed holds rates right where they are.

Cum-Financia1Advis0r

BAC WFC MS UBS FAs are all fucking weak 

Junior_Tip4375

 October 2023 40% drop followed by 70%+rebound. The capital gains or losses made on the UBS monthly payers far outweigh the etn interest. I sell top buy dips but hard not to avoid a downward slope I just use technical analysis for entry and exit points

Cum-Financia1Advis0r

Listen. They are the Navy Seals of Financial Advisors period. They are the elite. That's why clients go to them and not BAC WFC MS UBS Financial Advisors. 

dryesil

Altria Group, Inc. (NYSE: MO) stock price fell 0.5% on Thursday, with Andvari Associates predicting a short-term forecast of 🔴-6.3% and a long-term forecast of 🔴-5.0% 🔴 Andvari Associates released its first quarter 2024 investor letter, showing steady improvement in performance. 🟢 UBS Group raised Altria Group’s target price from $36.10 to $36.50. 🔴 Altria Group’s stock price fell 0.5% during trading on Thursday. 🔴 Clarius Group LLC increased its holdings in Altria Group by 7.5% in the fourth quarter. 🟢 PFG Investments LLC boosted its stake in Altria Group by 4.1% during the fourth quarter. 🔴 Altria Group announced a quarterly dividend on February 29th. [https://yesilfinance.com/analysis/mo-20-april-2024-ai-stock-analysis-news/](https://yesilfinance.com/analysis/mo-20-april-2024-ai-stock-analysis-news/) https://preview.redd.it/k1r20np7anvc1.jpeg?width=1300&format=pjpg&auto=webp&s=2ef95935c80410b97ae9246c85bc47f1febe8c43

CollabSensei

The expectations of rate cuts was driven by some UBS reports at the end of last year. It was just based on their outlook and everyone liked it so they parroted it to the world. Also couple this with the treasury needs the 10 year below 5%. Above that, borrowing really starts to become prohibitive expensive. Because of the need to refinance the debt, there has been the push for lower rates, for no real reason other than the US Government needs lower rates.

ThrowawayLegendZ

If futures are dying in overnight that Robinhood is doing Robinhood shit, and we had a bunch of bank failures last year because of interest rates, and UBS is holding the Credit Suisse bag... Will UBS shit itself?

Savings-Ad3725

I hear UBS is required to put up 20 billion to avoid margin calls for the Short AMC positions that Credit Suisse holds. The Swiss govt is afraid that UBS will likely need a Govt bailout as they are deemed to big fail. Thats why they keep doubling down and suppressing the stock price. I'd imagine that if AMC stock hits $3.75 we could likely see the swiss Govt have to bail UBS out.

Cum-Financia1Advis0r

BAC WFC MS UBS are fucking weak compared to NTRS

NOT_MartinShkreli

UBS is back in shit after CS blew up. Why do you think banks dropped on bug earnings beats????

WendysSupportStaff

now you know they got puts. nice try UBS

Kerne1Pan1k

>#Fed Hiking Rates to 6.5% Is ‘Real Risk,’ UBS Strategists Say#

Chance-Progress-7356

First Trust Advisors LP increased their position to 33 million shares from a small position. What do they know. Car sales numbers were up in 2023 with China world's largest market hitting 30 million that's an increase of 28%  Blackberry IoT segment is up 25% and it's only the beginning. Primecap Norges Bank Vanguard BlackRock Inc UBS Group Morgan Stanley JP Morgan all increased their positions. 

Raulinhox25

I’ve been trolling UBS on twitter since October.. I be like “ HiGHer f0R l0NgEr”

SexAddictionHelp

Exactly. Very basic things need to be happening for the rate to get cut. What these guys say is such an insult. Well damn, if Goldman, UBS, Barklays and WF say so.....I'm going to put my order right in! Jobs market needs to cool out for a while....to organically lower inflation which then dictates a cut...and this is not being rushed.

bozoputer

Goldman has entered the chat - "Fuck 'em" UBS has entered the chat - " Ja natürlich!" JPM has entered the chat - "Jamie, more assets are available!" Bank of America has entered the chat - "Huh, y'all done f'd up"

95Daphne

Probably can take the PPI estimates and add .2 to them on a MoM basis. Tried optimism yesterday and look what that got me. UBS has generally been pretty good and if they were right, core inflation would've been in line.

Affectionate-Idea690

UBS falls 0.8%, enters trading halt, on capital rules report.

5_trillion_fucks

UBS down on news that switzerland will not let it fail no matter what  efficient market theory my ass

Diligent-Stable-9477

What happens with Morgan Stanley, UBS and all of Hong Kong ETFs open up and the rest of world goes balls to the wall in the SAME week as The Halving. Corntopia boys, CORN-mfn-TOPIA

Cum-Financia1Advis0r

NTRS Navy Seal Financial Advisors are the premier elite Financial Advisors MS BAC WFC UBS Financial Advisors are fucking weak

trombing

Seriously you are wrong about what moves this stock. Analysts and professional investors care about OPERATIONS and their earnings. Even a first-year grad at UBS is going to look at Income from Operations rather than give a flying f@ck about other (hence non-operating) income. How can the price action on \~$5bn of investments really move the needle on a $160bn mkt cap stock? Source: ex-hedgie. For the record, I think Uber is a PoS and you will make out like a bandit but that is based on FUNDAMENTALS not tiny investments Uber made in the past.

Affectionate-Idea690

UBS cuts Tesla stock price target to $160 from $165

rair21

I had seen this earlier but couldn’t find it. From the Benzinga article dated 3-24 “In September, AltC filed a definitive proxy statement with the SEC to extend the date by which the company must consummate a merger from October 12, 2023 to July 12, 2024. Oklo co-founder and CEO Jacob DeWitte spoke with UBS research analyst Jon Windham last week. He noted that the company is currently targeting a merger in the first half of the second quarter, which means an official announcement could come as soon as next month.”

Skinny1972

Each year UBS puts out an investment returns year book that has equity returns going back to 1900 across 23 countries. In developed markets Australian equities are the long term winner according to their data with the highest real geometric return average, followed by the US and New Zealand. Since 1950 Chile has been the standout by a big margin but EM overall has lagged developed. The authors of this study tend to advocate for global geographic diversification rather than picking geographies as it's extremely difficult to pick the long term winners ex-ante.

AP9384629344432

Weekend Data Compilation: ## US Credit Cards [Source: Ben Carlson](https://awealthofcommonsense.com/2024/03/how-bad-is-credit-card-usage-in-america/) and Federal Reserve. - [More Americans use credit cards](https://i.imgur.com/UyRuYEK.png) over time - [Delinquencies rising above pre-pandemic levels and nearing GFC levels for credit card debt.](https://i.imgur.com/t2F35Kk.png) Before you panic (or celebrate, a perverse phenomenon apparent on financial forums), note that [most household debt is mortgage debt](https://i.imgur.com/R2arjVV.jpeg). The earlier chart shows mortgage delinquencies in long term decline. The GFC saw simultaneous delinquencies in credit card debt, mortgages, and auto. - [New bankruptcies/foreclosures remain historically low](https://i.imgur.com/8nTiw4Y.png) - [Only 45% of Americans households actually carry credit card debt](https://i.imgur.com/NeTXsZm.png). By 'carrying debt', I mean holding a balance that is collecting interest, rather than simply using a credit card and paying it on time. - The [(conditional) median balance is $2700](https://i.imgur.com/1eesWnP.png). Conditional refers to only people with a non-zero balance. That is, of the 45% of Americans with a credit card balance (accumulating interest), half of them have a balance less than $2700 (the median), and half a balance more than $2700. The other 55% of Americans do not have a credit card balance, hence are omitted from the conditional median. - The conditional median was over $4K prior to the GFC (in 2022 dollars). [See page 25 of the Fed's latest version of the Survey of Consumer Finances](https://www.federalreserve.gov/econres/scfindex.htm) report for the full details. ## On European Banks - [From FT](https://www.ft.com/content/d181a996-780b-440a-9e84-4a1a18cae214): "The Stoxx Europe 600 Banks index reached its highest level for six years [...], and is up 34 per cent over the past year. According to analysts at Barclays, the continent’s banks are outperforming US rivals for the first time in more than a decade in return on equity terms." [Chart of index](https://i.imgur.com/AcVKD4q.png). - On that previous point, European banks have higher ROEs (averaging 13% recently) but I believe that is due to higher leverage ratios. - European banks get a massive discount relative to US banks ([Bloomberg graphic](https://i.imgur.com/Y3EuiSL.png)). "To address this valuation gap and to win back investors spooked by dividend bans and windfall taxes since the pandemic, European lenders have promised to return more than €120bn to shareholders this year, through €74bn of dividends and €47bn of share repurchases. This is a **54 per cent increase** on the previous year’s capital returns and far *higher than every year since at least 2007*, according to figures compiled by UBS" - Graph of [payout ratios to come](https://i.imgur.com/IXevQft.png) from [January 2024 FT article](https://www.ft.com/content/69ffbe2b-05a4-4468-9879-e241564e4b75). For the first time *ever*, [shares outstanding are falling](https://i.imgur.com/2T7K7rp.png). - A [Dec. '23 FT article](https://www.ft.com/content/abddc872-fc76-4fff-8e0f-29157f1d9b1d) pointed out that 73% of European banks are trading below book value (and have for more than a decade). ## UK Stocks - The FT ran a series of articles on UK stocks. [Article 1](https://www.ft.com/content/be46c2c3-1f1f-42e3-912b-b75624dedcbd) which dropped the 48% bombshell, then [the Unhedged's skeptical response](https://www.ft.com/content/80d7f1de-dcb7-46c9-be5a-32b73c9c071e), and then [the Unhedged's followup](https://www.ft.com/content/b78df9e6-0569-4821-95df-0a87d3979ca7) which provided the regression I was [inquiring about](https://www.reddit.com/r/stocks/comments/1blo77h/rstocks_weekend_discussion_saturday_mar_23_2024/kw8z0ge/) and also [updated about here](https://www.reddit.com/r/stocks/comments/1bprc4y/rstocks_daily_discussion_options_trading_thursday/kx01sft/). - The first Unhedged article posed 3 hypotheses on why the discount is so large. The first two are the value tilts and smaller market caps of UK stocks, both of which are generally unappreciated by the market in recent years. Third is the fact that the US premium to ex-US stocks in general rising, hence in particular the premium to the UK is rising. - That Unhedged article then asked its readers, "If the UK stock indices are so staggeringly cheap, where are the staggeringly cheap UK companies?" Yet another FT article [tried to answer this question](https://www.ft.com/content/c1b1167c-9ddb-4882-b1db-d0a9ddc04643) (see comments too). Note that I personally don't pick *individual* stocks outside of the US, though, due to both brokerage limitations and lack of knowledge. - Ever since the GFC, productivity has [viciously stalled](https://i.imgur.com/iK17O6y.jpeg) in the UK (and Europe more generally). You aren't really seeing a clear Brexit effect here, interestingly, in contrast to the UK/US discount which clearly shows a slide around the time of the Brexit decision. (Stock market != economy) ## Commodities - [Traders apparently turning more bullish on copper](https://www.ft.com/content/c3c66359-6bdb-45cb-8ddd-663f10c1d3d9) - [Lots of new oil and gas projects are coming online](https://www.ft.com/content/7b840e9e-a159-446e-872f-6d3d34127e1d). "At least 20 new oil and gasfields reached final investment decisions worldwide last year, totalling 8bn barrels of oil equivalent in reserves, according to a tracker released today by the Global Energy Monitor, an environmental research group. GEM expects this figure to grow nearly fourfold by the end of the decade, with another 31bn boe across 64 new fields permitted by 2030. " - Source of new projects: [led by America and Guyana.](https://i.imgur.com/DKq2wfF.png) - And where [new discoveries are popping up](https://i.imgur.com/izgHPc9.png)

Isaac459

The Swiss Franc is often viewed as a safe haven currency. Year to date it's down 7% vs the dollar so maybe it's a good time to start. But who knows right? EWL is a Switzerland etf but it has an expense ratio of 0.5. The top 5 holdings of EWL make up 50% of it's market cap: Nestle, Novartis, Roche, UBS, and Zurich Insurance. You could approximate the ETF by just buying those 5 stocks and avoid the expense ratio: https://www.portfoliovisualizer.com/backtest-portfolio?s=y&sl=4ioduQuelsA3Lh5WiU78J3 Also be aware that Switzerland has a significant tax on dividends. But a lot of the companies have a once yearly dividend in the spring. Buy after that date & you won't have to worry about it till next year.

Meloriano

It’s not just reddit that was this incorrect. Many well known and mainstream economists were incorrect. UBS thought we would enter a deep recession and that we would have 7 rate cuts this year.

andythebonk

[https://www.reuters.com/technology/micron-set-record-high-after-ai-demand-steers-strong-forecast-surprise-profit-2024-03-21/](https://www.reuters.com/technology/micron-set-record-high-after-ai-demand-steers-strong-forecast-surprise-profit-2024-03-21/) >"Memory is a key beneficiary of AI adoption and we expect a V-shaped recovery in the industry, with revenues expected to grow by 55% in 2024 and 35% in 2025," said Mark Haefele, chief investment officer at UBS Global Wealth Management. > >Micron, one of the two suppliers of HBM chips to Nvidia [(NVDA.O), opens new tab](https://www.reuters.com/markets/companies/NVDA.O) along with South Korea's SK Hynix [(000660.KS), opens new tab](https://www.reuters.com/markets/companies/000660.KS), was set to add nearly $16 billion to its market value, based on its share price of $110.92. I'm not sure if it'll reach $180, but I've made good money on them from the begining of the year.

Ikuwayo

So according to Yahoo Finance, the last time USB made a recommendation on DIS was on 10/24/22. On that particular day, the stock price had gone up about 10% in 1 month, and they issued a "Buy" rating. After UBS issued their last "Buy" recommendation, the stock price immediately dropped about 20% to over the next 2 months. UBS didn't say anything for the next 2 years when DIS hit its low during that time of $80. These "analyst" fuckers just follow the technical trend of the stock price, and if the stock's going up, they issue a "Buy" rating and tell people to buy at the top. They don't say shit when the stock's actually down and at good prices. These "analyst" fuckers are not your friends and are not giving out extremely valuable information like target prices to the public for free out of the goodness of their heart. They just prey on people too lazy to do their own, independent analysis.

NormanClegg

I bought UBS when they were buying Credit Suisse. Doubled since then. Expect more.

Cotscap

I’m buying AAPL. It’s way down from its highs of almost $200 in December but I think it now represents good value. UBS seem to agree; they’ve maintained their price target of $190. Against that, sales in China are down and the DoJ could hang over the company for a long time. What do you think?

New-Ad-8873

Hey - I feel like I’m not knowing more than the market at this point about UBS anymore so I reallocate

chopsui101

Swiss national bank....aka UBS

EngorgedBreasts

UBS Raises Price Target on NVIDIA to $1,100 From $800, Keeps Buy Rating

heliacal-rising-rain

>Nvidia NVDA is expected to see "solid growth" in its fiscal 2026, aided by new product launches, including the Blackwell computing platform, UBS Securities said in a note e-mailed Friday. >The firm increased its fiscal 2026 non-GAAP earnings outlook for the chip giant to $34.12 per share from $31.49 previously and its revenue estimate to $146.87 billion from $135.22 billion.

JonFrost

Fuck it screw UBS and their analysts JetBlue has 0 Boeing planes Leaps it is

JonFrost

UBS says buy airlines, specifying airlines with fleets containing >= 50% Boeing 🤔

praisetheboognish

UBS bags feeling heavy

juicyylucas

Are you still confident in UBS or did you sell?

Dazzling_Sand_4454

NIO price target $7.2 (UBS) Trading at $5.7

Dazzling_Sand_4454

NIO price target $7.2 (UBS) Trading at $5.7

Bongoman22

$VERB, most active stock Friday on big news. More news expected this week. Also news of big institutional investors obtaining shares.  Citadel Advisors owns 73,086 shares. Vanguard Group owns 68,376 shares. UBS Group (NYSE:UBS) owns 50,431 shares. Millennium Management owns 33,264 shares. Geode Capital Management owns 28,613 shares. https://investorplace.com/2024/03/5-investors-betting-big-on-verb-technology-verb-stock/

chemist823

# "5 Investors Betting Big on Verb Technology (VERB) Stock" * **Citadel Advisors** owns 73,086 shares. * **Vanguard Group** owns 68,376 shares. * **UBS Group** (NYSE:[**UBS**](https://investorplace.com/stock-quotes/ubs-stock-quote/)) owns 50,431 shares. * **Millennium Management** owns 33,264 shares. * **Geode Capital Management** owns 28,613 shares.

ErinG2021

TSLA’s Q1 deliveries tracking lower amid slower EV demand according to UBS. Bottom not in.

Proper_Frosting_6693

UBS cut also to $165

AP9384629344432

[Is a company like this really where you want to put dry powder](https://i.imgur.com/erfgt5J.jpeg)? [PER = price to earnings ratio] [My recent take on Toyota vs Tesla](https://www.reddit.com/r/stocks/comments/1b724kb/rstocks_daily_discussion_technicals_tuesday_mar/kthw55u/) and [why numbers near term will look really bad](https://www.reddit.com/r/stocks/comments/1b7wi0e/rstocks_daily_discussion_wednesday_mar_06_2024/ktpsa1u/). And now it appears analysts, including the most bullish one, are starting to revise down their growth expectations and price targets, which could mean some a few months of vicious momentum-driven selling. (Today UBS took PT from $220 --> $165, Wells Fargo $200 --> $125). The only thing going for it is that the price went down a lot therefore you get a 'dip' but imo every single other Mag 7 company is more attractive today than Tesla despite their price surge. Even NVDA. And I'm not against the company just because the P/E ratio is high. Hell I'm invested in CELH! But no near term growth, margin compression, unstable/distracted CEO, Chinese competition / tax hikes + 80 forward P/E is a No-Go for me.

ExactLobster1462

Stock ratings mean dick I mean look at UBS maintaining TSLA as hold from $280 all the way down to $169 

Affectionate-Idea690

Mcdonald's slides 2.6% during UBS conference appearance. McDonald's fell 3%, with its 1Q international sales expected to be slightly below Q4 last year.

bud_builder

you can get stock for their favorite banks, credit suisse now trades under the ticker UBS and there's always DB also, pretty sure that ticker stands for Dirty Banking.

spirited_redemption

0.4% core with every bank predicting 0.3% except for UBS and we get a 1% up day on QQQ. Sustainable.

MassCasualty

Ohhh...Cramer had it in his top 10 on March 8. "7. On Holding AG (NYSE:ONON) Number of Hedge Fund Investors: 31 Jim Cramer in a latest program on CNBC recommended a caller to “stay interested” in On Holding AG (NYSE:ONON). Cramer said he agrees with a latest note from UBS about On Holding AG (NYSE:ONON) in which the investment firm said On Holding AG (NYSE:ONON) is doing really well. Cramer said he’s been saying On Holding AG (NYSE:ONON) is doing well for a “very long time” and said he is “sticking by” his bullish view on the stock."

95Daphne

UBS was the only firm to get core CPI right. Huh. Kind of a strange reaction to start honestly, but I'm wondering if whether we started this way and dove in January, before turning around and finishing unchanged.

ReceptionSilent213

My take is their desperation knows no bounds. Do you think UBS wanted to buy CS? NO! What about SVB being scooped up by Citizens? They were forced to pony up to prevent a systemic failure. Same thing here. These assholes can’t afford for this bank to fail since they are knee deep in commercial real estate fraud and stand to lose a lot more if it does.

AP9384629344432

# Assorted Weekend Commentary. Note that you can 'hide' or minimize a comment if the length annoys you. ## [Consumer Data from Mastercard](https://twitter.com/talmonsmith/status/1766232200469422470) for February 2024: > - Total retail sales (ex auto): up year-over-year, with online retail sales up more than +9.1% > - Online apparel sector: up +14.5% year-over-year > - Restaurant sector: up +6% year over year ## US versus European Productivity Growth - "New data released on Friday showed eurozone productivity fell 1.2 per cent in the fourth quarter from a year earlier, while in the US it rose 2.6 per cent in the same period, separate data showed. Labour productivity growth in the US has been more than double that of the eurozone and UK in the past two decades". [Graphic](https://i.imgur.com/Jq2WExU.png). Productivity is everything when it comes to long term economic growth! - "Output per hour worked, a standard measure of labour productivity, has grown more than 6 per cent in the US non-farm business sector since 2019, according to official data. That far outpaces the eurozone and UK, which have seen growth of around 1 per cent over the same period" - However, in fairness to the Europeans, let us applaud their innovation in regulation, fines, licensing, and windfall taxation! ## HCC - Reading the last earnings call transcript, worth pointing out that this is not a US-facing company. "Our sales by geography in the fourth quarter breaks down as follows; 56% into Europe, 16% into South America, 25% into Asia and 3% into the U.S. markets." - Found this [VIC writeup](https://valueinvestorsclub.com/idea/WARRIOR_MET_COAL_INC/7803594120) from August 2023, when the price was at $41 (we're now 48% higher). At the time, they estimated a mid-30% dividend yield through 2024, since they would have more cash than is needed to service Blue Creek and would return them via special divvies rather than buybacks (which would cause their NOLs, i.e., tax deductions, to expire). Their mid case was a $58 per share FV. But this ignored Blue Creek. Their estimate is $30 per share value embedded in Blue Creek without assuming multiple expansion. So basically you buy that 'for free'. Multiple expansion (just a touch) then gets you to enormous upside on top of that. - Last quarter saw a pretty large 36% increase in headcount, but this is in part due to union workers returning + non-union replacements hired + new additions to prepare for Blue Creek. HCC had a major labor strike in 2021 due to the loss of previous benefits when Walter Energy went bankrupt and became HCC, and the company basically just waited them out and then got all the employees to return with no real concessions. (It's not a labor friendly company) - Based on Q&A, no reason to expect buybacks anytime soon, not until Blue Creek is at full steam. But you can probably expect more dividend payments. And some capital appreciation too. ## On META vs. TikTok ([FT article](https://www.ft.com/content/7db1c1b3-5a61-4dee-a922-ade8b9c77522)) - [App downloads now favoring Instagram](https://i.imgur.com/YUffpMx.png) - "Instagram’s monthly active users reached 1.47bn, with a rise of 13mn in the final quarter of 2023, according to Sensor Tower. TikTok’s active users reached 1.12bn, with a decline of 12mn in the final three months of last year." [Graphic](https://i.imgur.com/vKKv3VL.png). - "However, TikTok continues to gain better engagement from its more than 1bn active users worldwide. Users spent an average of 95 minutes on TikTok in the fourth quarter of last year, compared with 62 minutes on Instagram, 30 minutes on X and 19 minutes on Snapchat" ## UBS Global Investment Returns Yearbook 2024 ([link to summary report](https://www.ubs.com/global/en/wealth-management/insights/2024/global-investment-returns-yearbook.html)). Some datapoints you might find interesting. - [Global equity market composition in 1899 versus today](https://i.imgur.com/VQ4hDbq.png) - [Global equity market composition over time](https://i.imgur.com/BtVrOts.png) since 1899. The 1950s-60s saw an even more US dominated global stock market, but this was in part due to the post-WWII destruction of Europe. And despite the enormous economic miracle in China, averaging 9.91% from 1970 to 2010, the equity returns have been awful. Economic growth != stock market growth. - "Markets at the beginning of the 20th century were dominated by railroads, which accounted for 63% of US stock market value and almost 50% in the UK. 124 years later, railroads have declined almost to the point of stock-market extinction, representing less than 1% of the US market and close to zero in the UK". [Graphic](https://i.imgur.com/rkJ3ckf.png). - But declining industries are not all bad: "Over the last 124 years, railroad stocks have beaten the US market, and outperformed both trucking stocks and airlines since these industries emerged in the 1920s and 1930s". It's interesting to see how some old technologies get ruthlessly stamped out and equity holders basically ruined, while others deliver stunning returns even a century later. - "Of the US firms listed in 1900, some 80% of their value was in industries that are small or extinct today; the UK figure is 65%." You can see how the UK stock market has a lot of 'old'-school industries. For example, over a century later, mining has remained roughly the same proportion of the UK's equity market. "Banking, insurance, [...] Food, beverages (including alcohol), tobacco, and utilities" + mining all persisted though in the UK, while textiles, iron, coal and steel were mostly relocated to the emerging world. - On Japan: "From 1900 to 1939, Japan was the world’s second-best equity performer. But World War II was disastrous and Japanese stocks lost 96% of their real value. From 1949 to 1959, Japan’s “economic miracle” began and equities gave a real return of 1,565% over this period." - Switzerland: "with just 0.1% of the world’s population and less than 0.01% of its land mass", it somehow has 2.4% of the global equity market!

w_karma

Used an actual stock broker back then. Original was with UBS but they eventually started charging to maintain an account so I moved it to Fidelity in like 2009ish. It's a fairly easy process to move.

RuminatingBoutBuster

Broadcom Analyst Revisions & Ratings Today👇 🔸 UBS: Raised to $1610 from $1480 - Buy 🔸 Citigroup: Raised to $1560 from $1100 🔸 Mizuho: Raised to $1625 from $1550 - Buy 🔸 JP Morgan: Raised to $1700 from $1550 - Overweight 🔸 Susquehanna: Raised to $1650 from $1550 🔸 Bernstein: Raised to $1600 from $1250 - Outperform 🔸 Jefferies: Raised to $1616 from $1035 - Buy 🔸 TD Cowen: Raised to $1400 from $1000 🔸 Piper Sandler: Raised to $1650 from $1250

skkoct

​ this just shows, them being on par for where they said they would be in this time frame. [https://finance.yahoo.com/news/ase-technology-holding-co-ltd-160826021.html](https://finance.yahoo.com/news/ase-technology-holding-co-ltd-160826021.html) more showing on par. [https://finance.yahoo.com/news/ase-technology-holding-co-ltd-070000316.html](https://finance.yahoo.com/news/ase-technology-holding-co-ltd-070000316.html) showing the good and the bad [https://simplywall.st/stocks/tw/semiconductors/twse-3711/ase-technology-holding-shares/news/ase-technology-holding-co-ltd-twse3711-soars-26-but-its-a-st](https://simplywall.st/stocks/tw/semiconductors/twse-3711/ase-technology-holding-shares/news/ase-technology-holding-co-ltd-twse3711-soars-26-but-its-a-st) ​ PROOF [https://www.marketbeat.com/instant-alerts/nyse-asx-52-week-high-2024-03-04/](https://www.marketbeat.com/instant-alerts/nyse-asx-52-week-high-2024-03-04/) . Lazard Asset Management LLC grew its stake in ASE Technology by 44.2% in the 2nd quarter. Lazard Asset Management LLC now owns 30,745,187 shares of the semiconductor company's stock worth $239,504,000 after buying an additional 9,418,840 shares in the last quarter. UBS Group AG boosted its stake in shares of ASE Technology by 16.4% in the 3rd quarter. UBS Group AG now owns 11,456,224 shares of the semiconductor company's stock valued at $86,151,000 after purchasing an additional 1,612,295 shares in the last quarter. Barclays PLC boosted its stake in shares of ASE Technology by 215.4% in the 2nd quarter. Barclays PLC now owns 1,879,638 shares of the semiconductor company's stock valued at $14,642,000 after purchasing an additional 1,283,718 shares in the last quarter. Rhumbline Advisers bought a new position in shares of ASE Technology during the 2nd quarter valued at $9,269,000. Finally, Goldman Sachs Group Inc. raised its position in ASE Technology by 70.2% in the 2nd quarter. Goldman Sachs Group Inc. now owns 2,456,785 shares of the semiconductor company's stock worth $19,138,000 after purchasing an additional 1,013,052 shares during the period. Hedge funds and other institutional investors own 7.62% of the company's stock. MORE PROOF [https://www.marketbeat.com/instant-alerts/nyse-asx-sec-filing-2024-02-24/](https://www.marketbeat.com/instant-alerts/nyse-asx-sec-filing-2024-02-24/) MORE [https://www.marketbeat.com/instant-alerts/nyse-asx-sec-filing-2024-02-29/](https://www.marketbeat.com/instant-alerts/nyse-asx-sec-filing-2024-02-29/) MORE [https://www.marketbeat.com/instant-alerts/nyse-asx-sec-filing-2024-02-12/](https://www.marketbeat.com/instant-alerts/nyse-asx-sec-filing-2024-02-12/) MORE [https://stocknews.com/news/asx-intt-trt-3-semiconductor-stocks-worth-watching-in-2024/](https://stocknews.com/news/asx-intt-trt-3-semiconductor-stocks-worth-watching-in-2024/) you get the point. ALL ABOARD

billyd1984texas

Citigroup, BAC, fifth third bank and UBS

NotGucci

This is based of UBS analyst. This isn't based off NVDA ER call that happened on 2/21. They said 5 years.

thothliu

I have not found details on the assets yet. But NYCB participated in the bidding of assets held by FDIC to acquire them. I assume NYCB had to liberty to pick and choose, unlike UBS. My impression on CS was it was on its way to become Credit Arab through its poor management and continuous infusion from Saud. The Swiss regulator wanted to be Swiss, hence the showdown and the shotgun marriage.

AutoThorne

Did they mention which assets were bought? I'm always a little suspicious of these things because thr financial industry is great at wrapping dogshit in catshit and getting a ratings agency to say it's cotton candy. UBS bought CS, and isn't having a good time with it. I think ita cuz they had to buy the counterparty risk part.

VotedOut

I read something similar on a bear thesis article post on Seeking Alpha from Feb 15 that cited a UBS analyst report saying that the lead time went down from 1 year to 3 months out. It mentions production having ramped up to meet demand sooner. I don't know if it mentioned the big guys double or triple ordering more than they needed, but I guess there's been rumors of that from the start. It sounds similar to situations that have occurred in the smaller stakes collectible card world (like Magic: The Gathering) where game stores would over-order a hot new release in short supply in anticipation of getting 1/2 or 1/3 of whatever amount they order fulfilled on schedule. And then sometimes it backfires when the print run for the new release is larger than they anticipated and they get their full order fulfilled and get stuck holding over-ordered product that they end up having to sell at a loss. Anyways, back to Nvidia stock. Usually with this stock the market often gets ahead of the cyclical turn by 3-6 months (i.e. - down-trending 3-6 months in advance of the earnings report where "weak forward guidance" is officially given by the company that signals the start of the bust-cycle). So the bulk of the fall may have already happened when the weak guidance is issued in Q3 or whenever. But on the other hand, there is a lot of FOMO money in the stock right now that may keep the stock price up well until the weak forward guidance moment officially slaps them in the face.

animositisomina35

UBS: ".. we see LLY and Novo increasingly entrenched and maintaining a majority market share with any potential external competition unlikely to be commercially viable until the 2027/28 time frame .." Ups LLY to $910 (prior $810)

Bulky_Negotiation850

Pretty sure UBS did it when they recommended CHPT.

wincysss1

$SNOW | Snowflake Analyst Revisions & Ratings 👇 🔸 BofA: Cut to $212 from $265 - Neutral 🔸 Morgan Stanley: Cut to $175 from $230 - Equal-Weight (Downgrade) 🔸 Piper Sandler: Cut to $240 from $250 - Overweight 🔸 Deutsche Bank: Cut to $220 from $250 - Buy 🔸 DA Davidson: Cut to $230 from $260 - Buy 🔸 UBS: Cut to $185 from $225 - Neutral 🔸 JP Morgan: Cut target to $170 from $200 🔸 JMP Securities: Cut to $235 from $212 - Market Outperform 🔸 Jefferies: Cut target to $210 from $265 🔸 RBC: Cut target to $246 from $255 🔸 Melius Research: Cut target to $185 from $202 🔸 Scotiabank: Cut target to $207 from $226 Median Price Target: — Now: $212 (🔻 $38) — Previously: $250 Highest Price Target: — Now: $246 (🔻 $19) — Previously: $265 Lowest Price Target: — Now: $170 (🔻 $30) — Previously: $200

ramdomvariableX

UBS: AI could fuel 20% rally in S&P for 2024, seems I again got the wrong side of the SMCI (puts). I was so happy last night, looking at the AM drop.

yenTBH

We were just discussing about this a couple of weeks ago! It seems that Buffett has been: * reducing stakes in the insurance sector, * liquidated most of its holdings in $HPQ, * reducing stake in $PARA but increased BRK's holdings in Liberty Media and Sirius XM which are in the media sector, * increased their stake in the oil and gas sector through $CVX and $OXY My best guess is on [UBS](https://finbiteinsights.substack.com/p/buffett-sold-apple-and-bought-a-mystery) as a turnaround play, much like BRK's move in Citigroup. What are your thoughts? Berkshire Hathaway has a substantial cash reserve and will likely find it difficult to deploy their funds as most opportunities may be too small for them. While its fun to [follow ](https://finbiteinsights.substack.com/p/buffett-couldnt-find-meaningful-investments)Buffett's move, it's going to be difficult for us to copy their trades.

tldamico

RIVN downgraded by UBS with target of $8.00. Love it.

8----B

It’s not so simple as you say. NVDA chose to still sell to China despite the US not wanting them to which may anger the great and noble congressmen, probably why UBS hilariously downgraded their PT after earnings

Psychic_Trader

Where did the UBS ANALyst touch you? 

good-times-

UBS can eat a dick

TomatoSpecialist6879

>UBS Cuts NVIDIA Price Target to $800 From $850 Found the bank who got more shorts than longs on NVDA before earnings, looks like UBS wants to follow Credit Suisse's foot steps lmao

KryoAnura

According to a post from the german version of wsb: - KeyBanc Raises Price target to $1,100 from $740 - HSBC Raises Price target to $880 from $835 - JPMorgan Raises Price target to $850 from $650 - Deutsche Bank Raises Price target to $720 from $560 - Bernstein Raises Price target to $1,000 from $700 - Morgan Stanley Raises Price target to $795 from $750 - BofA Securities Raises Price target to $925 from $800 - Goldman Sachs Raises Price target to $875 from $800 While UBS cuts the PT from 850 to 800. I have not checked them myself, so if those are wrong it's /u/Dmitriy1996 fault.

kuprenx

[$NVDA](https://twitter.com/search?q=%24NVDA&src=cashtag_click): +15% premkt ❖ [$NVDA](https://twitter.com/search?q=%24NVDA&src=cashtag_click): UBS Cuts Price target to $800 from $850 ❖ [$NVDA](https://twitter.com/search?q=%24NVDA&src=cashtag_click): KeyBanc Raises Price target to $1,100 from $740 ❖ [$NVDA](https://twitter.com/search?q=%24NVDA&src=cashtag_click): HSBC Raises Price target to $880 from $835 ❖ [$NVDA](https://twitter.com/search?q=%24NVDA&src=cashtag_click): JPMorgan Raises Price target to $850 from $650 ❖ [$NVDA](https://twitter.com/search?q=%24NVDA&src=cashtag_click): Stifel Raises Price target to $910 from $865 ❖ [$NVDA](https://twitter.com/search?q=%24NVDA&src=cashtag_click): Deutsche Bank Raises Price target to $720 from $560 ❖ [$NVDA](https://twitter.com/search?q=%24NVDA&src=cashtag_click): DA Davidson Raises Price target to $620 from $410 ❖ [$NVDA](https://twitter.com/search?q=%24NVDA&src=cashtag_click): Cantor Fitzgerald Raises Price target to $900 from $775 ❖ [$NVDA](https://twitter.com/search?q=%24NVDA&src=cashtag_click): Bernstein Raises Price target to $1,000 from $700 ❖ [$NVDA](https://twitter.com/search?q=%24NVDA&src=cashtag_click): Wolfe Research Raises Price target to $900 from $630 ❖ [$NVDA](https://twitter.com/search?q=%24NVDA&src=cashtag_click): Morgan Stanley Raises Price target to $795 from $750 ❖ [$NVDA](https://twitter.com/search?q=%24NVDA&src=cashtag_click): BofA Securities Raises Price target to $925 from $800 ❖ [$NVDA](https://twitter.com/search?q=%24NVDA&src=cashtag_click): Truist Securities Raises Price target to $911 from $691 ❖ [$NVDA](https://twitter.com/search?q=%24NVDA&src=cashtag_click): Goldman Sachs Raises Price target to $875 from $800

kawkface

kt ❖ $NVDA: UBS Cuts Price target to $800 from $850 ❖ $NVDA: KeyBanc Raises Price target to $1,100 from $740 ❖ $NVDA: HSBC Raises Price target to $880 from $835 ❖ $NVDA: JPMorgan Raises Price target to $850 from $650 ❖ $NVDA: Stifel Raises Price target to $910 from $865 ❖ $NVDA: Deutsche Bank Raises Price target to $720 from $560 ❖ $NVDA: DA Davidson Raises Price target to $620 from $410 ❖ $NVDA: Cantor Fitzgerald Raises Price target to $900 from $775 ❖ $NVDA: Bernstein Raises Price target to $1,000 from $700 ❖ $NVDA: Wolfe Research Raises Price target to $900 from $630 ❖ $NVDA: Morgan Stanley Raises Price target to $795 from $750 ❖ $NVDA: BofA Securities Raises Price target to $925 from $800 ❖ $NVDA: Truist Securities Raises Price target to $911 from $691 ❖ $NVDA: Goldman Sachs Raises Price target to $875 from $800

ninkorn

UBS says inflation is good for stock market 🤷‍♂️ Must be a regarded analyst who went to UBS when they acquired what was left of Credit Suisse

Affectionate-Idea690

Data center capacity constraints could 'hurt' Nvidia's long-term revenue, UBS says

Connect-Elephant4783

Data center capacity constraints could 'hurt' Nvidia's long-term revenue, UBS says https://www.cnbc.com/2024/02/20/data-center-capacity-constraints-could-hurt-nvidias-revenue-ubs-says.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard What I just said….. sold by put today with 90% profit.

gothamhunter

While everything is red...if you're not on the BRZE train while it's cheap, your missing out.. https://www.marketbeat.com/instant-alerts/nasdaq-brze-sec-filing-2024-02-19/ Full disclosure I have multiple calls runners through 2024 and own a lot of the stock itself...we use it here where I work and it's amazing how much of a better technology it is than other MA and some CRM platforms. *Barclays raised their price objective on shares of Braze from $65.00 to $80.00 and gave the company an "overweight" rating in a report on Thursday, December 7th. Raymond James raised their price objective on shares of Braze from $52.00 to $75.00 and gave the company an "outperform" rating in a report on Thursday, December 7th. UBS Group increased their target price on shares of Braze from $51.00 to $60.00 and gave the company a "neutral" rating in a research report on Thursday, December 7th. JMP Securities increased their target price on shares of Braze from $56.00 to $68.00 and gave the company a "market outperform" rating in a research report on Thursday, December 7th. Finally, Needham & Company LLC increased their target price on shares of Braze from $60.00 to $70.00 and gave the company a "buy" rating in a research report on Thursday, December 7th. Two equities research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company's stock. According to data from MarketBeat, Braze currently has a consensus rating of "Moderate Buy" and a consensus target price of $63.65.*

Affectionate-Idea690

UBS Strategists raise S&P target for 2024 to 5,400 points.