Nomura

  Pre-open movers U.S. stock futures traded higher in early pre-market trade. Data on Gross Domestic Product for the third quarter will be released at 8:30 a.m. ET, while the S&P Corelogic Case-Shiller home price index for September will be released at 9:00 a.m. ET. The Conference...

Media and entertainment company Walt Disney Co (NYSE: DIS) is due to release its fiscal year fourth-quarter results after the market close. Analysts, on average, expect the company to report earnings of $1.16 per share, down from $1.20 per share last year, on revenues of $13.52 billion, almost...

Anthony DiClemente, an internet analyst with Nomura, was a guest on CNBC's "Squawk Box" segment and offered three reasons why investors should buy Netflix, Inc. (NASDAQ: NFLX)'s stock. First, Netflix doesn't have a legacy business that it needs to "protect" versus legacy media companies. This also...

Terming Amazon.com, Inc. (NASDAQ: AMZN) as a “stock in the high castle,” Nomura’s Anthony DiClemente said the company had “a dominant leadership position in multiple large and global addressable markets.” The analyst initiated coverage of Amazon with a Buy rating...

Ahead of the earnings announcement from Nike Inc (NYSE: NKE) on Tuesday, most of the brokerages remain bullish regarding the company's results. Similarly, nearly every analyst who has issued a recent analysis has reiterated their rating on the company's stock. During mid-day trading Monday,...

With the seemingly lackluster release of Apple Inc. (NASDAQ: AAPL)'s iPhone 7 on September 13 and the negative commentary surrounding the lack of a 3.5mm headphone jack, many investors were unsure how the tech giant’s latest release and the retail sales following it would impact the stock...

  Pre-open movers U.S. stock futures traded higher in early pre-market trade. Data on initial jobless claims for the latest week and the Chicago Fed National Activity Index for August will be released at 8:30 a.m. ET. The Federal Housing Finance Agency House Price Index for July will be...

Nomura’s Jeffrey Kvaal mentioned that data points across geographies indicate a robust iPhone 7 launch, with stronger than expected demand. However, the analyst believes Apple Inc. (NASDAQ: AAPL) “does not require a 7 supercycle for the stock to work.” Kvaal maintained a Buy...

Global auto demand is expected to continue to grow around 2 percent annually in 2016 and 2017, Nomura’s Anindya Das said in a report. He initiated coverage of Ford Motor Company (NYSE: F) with a Buy rating and of General Motors Company (NYSE: GM) with a Neutral rating. Auto sales in the...

  Pre-open movers U.S. stock futures traded higher in early pre-market trade. The Federal Open Market Committee will begin its two-day policy meeting today. Data on housing starts and permits for August will be released at 8:30 a.m. ET. Futures for the Dow Jones Industrial Average...

Alibaba Group Holding Ltd (NYSE: BABA) was recently dethroned as being labeled China's most valued e-commerce company, despite its stock gaining more than 35 percent over the past year. The company that pushed its way to the number one spot is Tencent, an investment holding company with a focus on...

On Thursday, Gap Inc (NYSE: GPS) released its earnings results for the second quarter, which exceeded Street analysts' estimates. However, the company preferred to provide a soft outlook for the full year. Following this, a number of analysts and brokerages have come out with their rating and price...

Although flows to equity funds have recently languished, the exchange-traded funds eclipsed another AUM (assets under management) record last month, finishing June with a combined $3.17 trillion in assets under management. Exchange-traded products listed around the world added $31.38 billion in...

Ciena Corporation (NYSE: CIEN) was among the first to offer cautious Brexit commentary, and Nomura said the company's exposure to the Brexit fallout may be less than expected. "Our follow-up for more detail suggests a lower exposure than we had initially understood. Ciena's UK exposure is lower...