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Barclays has named a raft of global stocks for investors to consider buying before the end of the year, naming "conviction stock ideas with catalysts." The bank's list includes six overweight-rated stocks from the U.K., which it gave an average upside potential of 25%. In explaining why they maintained their overweight rating for U.K. stocks, the bank's analysts said in an Oct. 11 equity research note that "hopes for domestic recovery are still present," though they noted that "sentiment is cautious going into October budget." "UK stocks overall are still very under-owned and look very cheap. FTSE100 is short Tech but a broadening-out of the rally benefits the value/defensive-tilted index for now," they wrote. The analysts also noted that U.K. domestic plays could benefit from "reduced unc...

Nine health-care stocks have more than doubled in price this year, but still have more than 100% upside potential, according to analysts. CNBC Pro screened more than 85,000 firms worldwide for stocks that have risen by 100% so far in 2024. They are all covered by at least five or more analysts, and a have a median price target pointing to more than 100% upside potential over the next 12 months. The Nasdaq-listed stocks are Jasper Therapeutics , Corbus Pharmaceuticals , Rezolute , Trevi Therapeutics , Delcath Systems , Benitec Biopharma , Arcutis Biotherapeutics , Praxis Precision Medicines and Humacyte . Stocks in the biotechnology sector are typically classed by analysts as carrying higher risk for investors than other sectors. Jasper Therapeutics Jasper Therapeutics is a clinical-stage b...

Vice President and Democratic presidential candidate Kamala Harris arrives for a campaign event at the Dort Financial Center in Flint, Michigan, October 4, 2024. Geoff Robins | Afp | Getty ImagesKamala Harris on Wednesday distanced herself from President Joe Biden and bashed her Republican presidential rival Donald Trump in a heated interview with Fox News anchor Brett Baier."Let me be very clear, my presidency will not be a continuation of Joe Biden's presidency," Harris said on the conservative news network, after Baier pressed her on whether the vice president would do anything differently than the incumbent."And like every new president that comes in to office, I will bring my life experiences, my professional experiences, and fresh and new ideas," the Democratic nominee said.The 26-mi...

Check out the companies making headlines in extended trading: Discover Financial — Shares inched lower by 1%. The financial services company posted third-quarter results that surpassed expectations, with earnings of $3.69 per share on $4.45 billion of revenue. Analysts polled by LSEG were calling for earnings of $3.42 per share and revenue of $4.35 billion. CSX — The rail transportation company lost 4% after third-quarter results fell short of Wall Street's forecasts. CSX reported earnings of 46 cents per share on revenue of $3.62 billion, while analysts polled by LSEG anticipated 48 cents per share in earnings and revenue of $3.67 billion. Overall volumes were up 3% from the year-ago period, but revenue per unit was down about 1%. Alcoa — Shares of the aluminum producer jumped nearly 9%. ...

Brand new Lucid electric cars sit parked in front of a Lucid Studio showroom on May 24, 2024 in San Francisco, California. Justin Sullivan | Getty ImagesShares of Lucid Group dropped by more than 10% during after-hours trading following the electric vehicle startup announcing a public offering of nearly 262.5 million shares of its common stock.The announcement was made in conjunction with plans for Lucid's majority stockholder and affiliate of Saudi Arabia's Public Investment Fund, Ayar Third Investment Co., to purchase more than 374.7 million shares of common stock from Lucid in a "private placement concurrently with the public offering."Following the transaction, Ayar is expected to maintain its approximate 58.8% ownership of Lucid's outstanding common stock, Lucid said in a release.Luci...

Pavlo Gonchar | Lightrocket | Getty ImagesMore change is coming to Diamond Sports' regional sports networks.The company said in court papers filed Tuesday that it reached a naming rights deal with Flutter-owned FanDuel, which will rebrand the Bally Sports channels just as the National Hockey League season has started and the National Basketball Association's 2024-2025 season is less than a week away.Diamond Sports said in the filing that if it is able to emerge from bankruptcy protection, FanDuel will be a "long-term naming rights partner." The new naming rights agreement would also give FanDuel the right to buy up to 5% of equity in the reorganized company and get performance warrants for up to 5% of equity.The agreement is subject to court approval.The new partnership will allow Diamond ...

Consumer spending was expected to hold strong in September — possibly even more than forecast and enough to throw another wrinkle into the Federal Reserve's thought process. The Census Bureau's retail sales report Thursday morning is likely to show a monthly increase of 0.3%, a number that is adjusted for seasonal factors but not inflation, according to the Dow Jones consensus. That would show an increase of 0.1% in August and would be higher than the 0.2% inflation rate for the month as measured by the consumer price index. While that in itself would be a solid performance, indicating consumers are keeping pace with inflation, there are some signs it could be even stronger. Bank of America, for one, thinks the sales number excluding autos may have shot higher by 0.7%, well above the 0.1% ...

Investors should keep an eye on companies that could disappoint on earnings and see their share price fall. Wall Street has been lowering its third-quarter growth estimates for months now. According to a recent FactSet note, companies in the S & P 500 are projected to see a 4.2% increase in earnings compared with the same quarter a year ago, down from an expected 7.8% on June 30. That's not abnormal, however, as third-quarter growth estimates tend to decline in the preceding months. Nearly 10% of S & P 500 companies have already reported results, with more than 79% beating earnings estimates, according to FactSet. Several names could still disappoint, however. To find those that might, CNBC Pro screened FactSet for stocks in the S & P 500 that are reporting next week. These nam...

U.S. crude futures edged lower Wednesday to trade below $71 per barrel, after selling off steeply in the previous session on reports that Israel will not attack Iran's oil facilities.The U.S. benchmark tumbled more than 4% on Tuesday after Israel told the U.S. that it will limit its retaliatory strikes to military targets in Iran, senior Biden administration officials told NBC News.Crude oil prices have given up most of the gains made in the wake of Iran's Oct. 1 ballistic missile attack on Israel, as fears of an oil supply disruption in the Middle East have eased.Here are Wednesday's energy prices:West Texas Intermediate November contract: $70.28 per barrel, down 30 cents, or 0.43%. Year to date, U.S. crude oil has fallen nearly 2%.Brent December contract: $73.94 per barrel, down 31 cents...

An ASML icon is being displayed on a circuit board, alongside the flags of the USA and China, in this photo illustration taken in Brussels, Belgium, on January 4, 2024.Jonathan Raa | Nurphoto | Getty ImagesASML finally offered a first glimpse into how U.S. restrictions on exports of its advanced chip manufacturing tools to China will impact its sales in the Asian country.The Netherlands-based chip equipment maker said in its earnings report Tuesday, which was released a day early due to a "technical error," that it expects net sales for 2025 to come in between 30 billion euros and 35 billion euros ($32.7 billion and $38.1 billion). This is at the lower half of the range ASML had guided previously.ASML is a critical part of the global chip supply chain. The firm's extreme ultraviolet lithog...