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☆ These stocks and ETFs could benefit from AI's voracious appetite for energy
▼ + stars: | 2024-05-18 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +3 min

XLU 1M mountain Utilities stocks have risen sharply in May. Woodard identified other ETFs and stocks that could benefit from increased energy consumption and investment in the electric grid. Miners should retain pricing power given constrained capacity after a decade of underinvestment," the Bank of America note said. Bank of America is positive on the Global X Uranium ETF (URA) , which offers exposure to both physical uranium and miners. Bank of America did not include a utilities ETF in the note, but the firm has a buy rating on Xcel Energy, among such stocks.

Persons: Jared Woodard, Woodard, ruddy, — CNBC's Michael Bloom Organizations: Bank of America . Investment, Utilities, Bank of America, Miners, Companies, VanEck Oil Services, Halliburton, Uranium, Xcel Energy Locations: Freeport, McMoRan

☆ I'm a Canadian who's lived in the US for over 30 years. I don't get why so many Americans want to move to Canada.
▼ + stars: | 2024-05-18 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +6 min

Our money was worth more back then, so we got more value for our Canadian dollar when we went shopping in the States. She was an American living in Atlanta and said, "Hey, why don't you come and spend the winter with me?" It almost seemed like Canada was 10 or 20 years behind, progressive-wise — and I don't mean politically. The amenities, the shopping, the food, and the restaurants in Canada are way behind if you're outside Vancouver or Toronto. I don't see why Canada is so appealing to AmericansCanada used to be an admired country worldwide, and now it's horrible.

Persons: —, Jim D, Zeppelin, Mason, Dixon, I've, I'm Organizations: Service, Business, Fort Frances, Gas, Toyota, Healthcare, Ontario Health Insurance Locations: Canadian, Arizona, Flagstaff, Phoenix, Fort Frances , Ontario, International Falls , Minnesota, America, Fort, Minnesota, Africa, Tanzania, Canada, American, Atlanta, Vancouver, Toronto, Birmingham , Alabama, New Orleans, Baton Rouge , Louisiana, Jackson , Mississippi, Houston, Texas , New Mexico , Arizona , California, Hawaii, Ontario, United States, In Ontario, Fort Frances, Thunder Bay , Ontario, Thunder, Thunder Bay

☆ Opinion: Biden has a critical opportunity with his Morehouse commencement speech
▼ + stars: | 2024-05-18 | by ( Opinion Jamal Simmons | ) edition.cnn.com time to read: +5 min

He was most recently communications director for Vice President Kamala Harris at the White House and is currently a CNN political commentator. About half knew Biden was for marriage equality but only one knew he was for it before President Barack Obama. These students knew little about the warmer parts of Biden’s pre-presidential story, but a lot about the more troublesome aspects. A speech like the one at Morehouse, therefore, provides a critical opportunity for Biden. The president must let these students know he is not just the lesser of two evils, because he’s not evil.

Persons: Jamal Simmons, Kamala Harris, Joe Biden’s, Michael Levesque, White, Steve Benjamin, Morehouse, ”, Biden, Levesque, Beau Biden’s, Barack Obama, Terrance Woodbury, That’s, ” Woodbury, “, Harris, —, he’s Organizations: Democratic, White, CNN, Morehouse College, Sunday, Apple News, Guardian, Wall Street, USA, Oakland, San, Democratic pollster, HIT, Morehouse, Israel, Hamas, Twitter, Facebook, America Locations: Gaza, Scranton , Pennsylvania, Biden’s, San Francisco

☆ Financial companies are getting creative about annuities
▼ + stars: | 2024-05-18 | by ( Samantha Delouya | ) edition.cnn.com time to read: +7 min

It’s fueling a huge rollout of new retirement products — but they’re not all golden tickets. “We didn’t really save much of anything.”However, jobs offering pension plans are harder to come by compared to previous decades. Over the past 40 years, defined contribution plans, also known as 401(k) plans, have taken their place. Americans currently hold over $7 trillion in 401(k) plans, according to data from the Investment Company Institute, a trade association. These types of retirement plans put the job of saving and investing on the employee.

Persons: CNN —, Jennifer Messina, “ I’m, ” Messina, ” Teresa Ghilarducci, ” Eric Stevenson, Roth, Ghilarducci, you’re, ”, There’s, she’s, we’ll, Messina Organizations: CNN, Alliance for Lifetime, Investment Company Institute, Social Security, Social Security Administration, Federal, The New School for Social Research, BlackRock, Nationwide, Messina Locations: Nutley , New Jersey, BlackRock, New Jersey, South Carolina, North Dakota

☆ The evolutionary twist that could have helped dinosaurs rule Earth
▼ + stars: | 2024-05-18 | by ( Katie Hunt | ) edition.cnn.com time to read: +6 min

New research this week is adding fresh detail to one of paleontology’s biggest questions: Did dinosaur blood run hot or cold? Clues from fossilized eggshells and bones have now suggested that some dinosaurs were warm-blooded and others were not. Reinhard Dirscherl/ullstein bild/Getty ImagesMarine scientists have used artificial intelligence to decode previously unknown complexity in the calls of sperm whales. The whales produced a catalog of clicking sounds, which the researchers described as akin to a “phonetic alphabet” for sperm whales. What sperm whales are saying with their clicks remains a mystery to human ears, but understanding the scope of their vocal exchanges is an important step toward linking their calls with specific behavior.

Persons: Dinos, Davide Bonadonna, Jeff Lichtman, Reinhard Dirscherl, Napoleon Bonaparte, Ashley Strickland, Katie Hunt Organizations: CNN, Vigo, UCL, Google Research, Lichtman, Harvard University, Google, Harvard, Northern, Central America, Getty Images Marine, —, Heritage, CNN Space, Science Locations: Universidade, North America, Scandinavia, Europe, Central, India, Dover, England

We'll show you how to watch Fury vs. Usyk live streams in over 200 countries. You'll need to pay a pay-per-view (PPV) fee to see Fury vs. Usyk. How to watch Fury vs. Usyk in the US & CanadaDAZN will live stream the Fury vs. Usyk fight across North America. When is Fury vs. Usyk live stream? The Fury vs. Usyk will be held at the Kingdom Arena in Riyadh, Saudi Arabia.

Persons: Tyson Fury, Oleksandr Usyk, Ukrainian Oleksandr Usyk, Jai Opetaia, Joe Cordina, Anthony Cacace, Usyk, Canada DAZN, It's, DAZN, ExpressVPN, Francis Ngannou, Mairis Briedis, Frank Sanchez, Agit Kabayel, Moses Itauma, Ilja Mezencev, Mark Chamberlain, Joshua Wahab, Sergey Kovalev, Robin Sirwan Safar, Daniel Lapin, Octavio Pudivitr, David Nyika, Michael Seitz, Isaac Lowe, Hasibullah Ahmadi Organizations: Business, WBC, WBO, WBA, IBF, titans, Canada Locations: Ukrainian, North America, Canada, Riyadh, Saudi Arabia

☆ These stocks, including Nvidia, are still cheap and compelling, Bank of America says
▼ + stars: | 2024-05-18 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

The other buy-rated stocks are Raymond James Financial , S & P Global , Monster Beverage and Topgolf Callaway Brands. The analyst said he's bullish on each of Raymond James' individual businesses including asset management, capital markets and brokerage services. Further, Raymond James offers a steady stream of organic growth and a "cheap valuation," McLaughlin said. Raymond James is also in a place to take advantage of the current high rate environment, he added. Raymond James Financial "Reiterate Buy; cheap valuation + overlooked qualities.

Persons: Raymond James Financial, Raymond James, Mark McLaughlin, he's, RJF, McLaughlin, Peter Galbo, Galbo, MNST, Topgolf, Alexander Perry, Topgolf Callaway, Perry, … MODG Organizations: of America, Nvidia, CNBC, Bank of, P, Monster Beverage, Topgolf Callaway Brands, Raymond James Financial, Beverage, …, IHS Locations: comps, Topgolf

☆ Welcome to the club: You're middle class but still counting your pennies
▼ + stars: | 2024-05-18 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +6 min

The middle class is more of a club than an income bracketThe ranks of middle-income earners have been shrinking, according to the Pew Research Center. A solid chunk of millionaires consider themselves middle class, despite accounting for just over 12% of American families. And there's good reasons," Lawrence R. Samuel, the author of the book "The American Middle Class: A Cultural History," told Business Insider. "Being middle class is almost like classless. Clinging to at least the mirage of the middle class might be important to upholding more core American ideals.

Persons: —, they're, Claire Tassin, Tassin, they'd, ALICE, Amanda, She's, there's, Rakesh Kochhar, That's, Kochhar, Lawrence R, Samuel, we're Organizations: Service, Business, Pew Research, Pew Research Center Locations: America, Texas

No matter who wins the White House and control of Congress this autumn, one aspect of trade policy is likely to endure: Washington’s tough-on-China protectionist stance. But several trade experts predict that the America-first model of slapping tariffs on adversaries — as President Biden did this week — will backfire. Critics of tariffs and export restrictions say they not only will potentially exacerbate inflation and drag down economic growth, but are also likely to fail for a simpler reason: Chinese companies may see their businesses slowed down by the restrictions, but have found ways to beat them. As Alex Durante, an economist at the Tax Foundation, a nonpartisan think tank that works with policymakers in the United States and Europe, bluntly put it: “They don’t work.”Huawei has shown that companies can find workarounds. Last year, the Chinese telecom giant unveiled the Mate 60, a smartphone powered by a high-end semiconductor.

Persons: —, Biden, Alex Durante, ” Organizations: White, Tax Foundation, ” Huawei Locations: China, America, United States, Europe, Washington

☆ How Toyota's Tacoma became king of the U.S. midsize truck market
▼ + stars: | 2024-05-18 | by ( Robert Ferris | In | ) www.cnbc.com time to read: +2 min

The American pickup truck market is dominated by domestic brands, primarily Ford , Chevrolet , GMC and Ram . But the Toyota Tacoma shows how a foreign automaker can find and control a niche within that market. Toyota introduced the Tacoma in 1995 as a successor to the Toyota Pickup, famously known as the Hilux elsewhere in the world. What's more, of the some seven models in the midsize segment, Tacoma is the only one that comes with a long bed. Watch the video to learn more about how the Tacoma has stayed atop the midsize truck segment, and how it is working to meet the challenge of an expanding market.

Persons: Edmunds Organizations: Ford, Chevrolet, GMC, Ram, Toyota Tacoma, GM, Toyota, Tacoma, Toyota Pickup, Ford Motor, Chevrolet Colorado, U.S . Locations: Ram . U.S, America, U.S, Chevrolet Colorado, Tacoma

☆ Some consumers are punting big purchases like pools and mattresses
▼ + stars: | 2024-05-18 | by ( Alex Harring | ) www.cnbc.com time to read: +8 min

Rachel Wisniewski | ReutersAmericans are kicking the can down the road on some more-costly, traditionally financed purchases as elevated inflation and interest rates bite. "As a result, consumers continue to scrutinize their spending and make near-term decisions based primarily on need, price and perceived value. But those options have fallen out of favor as interest rates rose. He also cited increased interest rates as another weight on their shoulders. Lofty interest rates have also hampered housing improvement efforts for those staying put, according to Home Depot .

Persons: Rachel Wisniewski, Joe, Shelly Ibach, Ibach, FactSet, Mark Mathews, Platt, J, Mitchell Dolloff, Dow Jones, it's, Mathews, Enphase, Badri Kothandaraman, Marc Bitzer, Patrick T, bode, Robert Ohmes, Richard McPhail, It's, McPhail Organizations: Reuters, Reserve, Prosper, National Retail Federation, San Francisco Fed, New York Fed, Management, Commerce Department, Consumers, Whirlpool, Fallon, Bloomberg, Getty, Bank of America, CNBC Locations: Gilbertsville , Pennsylvania, Minneapolis, U.S, California, Torrance , Calif, Minnesota

☆ I live in a Texas city that's one of the fastest-growing in America. I see why so many Californians are moving here — and the impact they have on home prices and traffic.
▼ + stars: | 2024-05-18 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +5 min

Read previewThis as-told-to essay is based on a conversation with Eric Newland, a 56-year-old retired Medical Service Corps officer who is now a real-estate agent in New Braunfels, Texas. The city is about 32 miles northeast of San Antonio and roughly 40 miles southwest of Austin, within the Texas Triangle." The city is growing but retaining its identityDespite its growth, the city maintains its small-town charm, with quaint shops and restaurants. Moving towards San Antonio and Austin, the city begins to feel like a larger town with several strip malls and new homes. An upside is that there have been a lot of new businesses, more income to the city, and even live music.

Persons: —, Eric Newland, Fort Sam Houston, I've, Braunfels, Newland, Eric Newland There's Organizations: Service, Medical Service, Business, Fort, Texas, Austin, Army, Realtors, Railroad Locations: New Braunfels , Texas, Braunfels, New Braunfels, Fort Sam, Iraq, Afghanistan, Korea, Germany, San Antonio, Austin, Dallas, Houston, there's, Wurstfest, United States, Schlitterbahn, California, Texas, San Diego, Angeles

☆ Ukraine can still beat Russia. It just comes down to enough Western aid.
▼ + stars: | 2024-05-18 | by ( Michael Peck | ) www.businessinsider.com time to read: +9 min

With 14 to 21 well-equipped brigades, Ukraine could eject Russian forces from all Ukrainian territory, according to an American expert. One is Ukraine amassing a sufficiently powerful ground combat force that can defeat the estimated 500,000 Russian troops in Ukraine. With Russian forces solidly dug in behind minefields and fortifications across eastern and southern Ukraine, that Baltic scenario bears similarities to the situation that Ukraine faces today. Given sufficient quantities of munitions, Ukraine could inflict enough losses to decisively attrit Russian forces that have already sustained an estimated 500,000 casualties. He started with a 2023 Estonian Ministry of Defense plan that laid out a roadmap for Ukraine to defeat Russia.

Persons: one's, Michael Bohnert, Bohnert, isn't, Chasiv, — Bohnert, they've, Andrei Belousov, Putin, Michael Peck Organizations: Service, Business, RAND Corp, RAND, US Army, NATO, Russian, Anadolu, Getty, Estonian Ministry of Defense, Atlantic, Storm, Bohnert, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Ukraine, American, Russia, Russian, Baltic States, United States, U.S, Chasiv Yar, Estonian, Iraq, Afghanistan, Europe, America, China, Israel, Forbes

☆ Donald Trump addresses an embattled NRA as he campaigns against Biden’s gun policies
▼ + stars: | 2024-05-18 | by ( Steve Contorno | Daniel Strauss | ) edition.cnn.com time to read: +9 min

Significantly less clear, though, is how much the NRA can help Trump’s bid to win the White House once again. “Donald Trump is winning no new voters when he boasts about doing nothing about gun violence during his presidency. Period,” said Nick Suplina, a senior vice president at Everytown for Gun Safety, a group founded in the aftermath of the 2012 Sandy Hook Elementary School shooting. Suplina said Trump’s NRA appearance “shows that both the organization and the man are a bit desperate for each other. Among both gun safety advocates and gun rights groups, there’s little disagreement about the stakes in 2024.

Persons: Donald Trump, Trump, Wayne LaPierre, It’s, ”, “ It’s, I’ve, ” Trump, Kristi Noem, Donald Trump Jr, Joe Biden’s, Bryan Lanza, “ Donald Trump, ” Lanza, “, Biden, Nick Suplina, Sandy, Suplina, Aidan Johnston, Johnston, ” Suplina, ” Biden, Karoline Leavitt, CNN’s Kristen Holmes, Alayna Treene Organizations: Dallas CNN —, National Rifle Association, NRA, White House, New, Political, Mar, CNN, North Dakota Gov, Libertarian Party, Republican, Trump, Biden, Safety, Sandy Hook Elementary, Gun Owners of America, White, U.S Locations: New York, Manhattan, Jersey, Washington ,, Minnesota, United States, Wyoming, Pennsylvania, Parkland , Florida

☆ A Covid-19 memorial website, The WhoWeLost Project, offers pandemic mourners a digital safe space
▼ + stars: | 2024-05-18 | by ( Ashley Williams | Ashley R. Williams | ) edition.cnn.com time to read: +10 min

A year ago, the World Health Organization declared an end to Covid-19 as a global public health emergency. On the fourth anniversary of Settle’s death – and driven by a need to mourn – Koenig wrote about his former partner on the Covid-19 remembrance website WhoWeLost. Greenwald expanded the website nationally after a 2021 story on the website from an NPR affiliate garnered widespread praise. “I think the need for the site, in a way, is larger because less people are paying attention (to Covid-19),” Greenwald told CNN. They can write those stories down here.”New York City resident Wiandy Santiago’s 65-year-old brother Wilmard Santiago died of Covid-19 in April 2020, a week after being placed on a ventilator.

Persons: Jody Settle, Ed Koenig, Settle’s, Willie Nelson’s, ”, Koenig, – Koenig, Martha Greenwald, “, ” Greenwald, Greenwald, Kentuckians, Kent Nishimura, Wilmard Santiago, ” Wiandy Santiago, Alberto Locascio, doesn’t, ” Santiago, she’s, –, Wilmard, Locascio’s, Nicholas, She’s, Sarah Wagner, Covid, ” Koenig, Poynter, ’ ” Greenwald, Spencer Platt, “ We’re, ” Paige Gavin, that’s, ” Wagner, WhoWeLost, “ Covid Organizations: CNN, New York City, Settle, World Health Organization, United, NPR, Los Angeles Times, American Psychiatric Association, York City, Wiandy, Yankees, George Washington University, Getty Locations: Irish, New York, United States, Covid, Kentucky, New Jersey, Louisville , Kentucky, Washington, Washington ,, United Kingdom, ”, York, Bronx, New

☆ Here are the portfolio's top 5 performers in a record-setting week for stocks
▼ + stars: | 2024-05-18 | by ( Morgan Chittum | ) www.cnbc.com time to read: +6 min

We trimmed our positions shares in Morgan Stanley and Palo Alto Networks on Wednesday and Thursay, respectively, after nice moves higher for both stocks. Here's a closer look at what drove the moves in the portfolio's top five stocks this week. PANW YTD mountain Palo Alto Networks (PANW) year-to-date performance Palo Alto Networks came in No. Palo Alto has been a sizable outperformer since early April, which factored into our trim Thursday. DHR YTD mountain Danaher (DHR) year-to-date performance Danaher advanced 4.9% in the week to secure a second-place finish.

Persons: Morgan Stanley, Estee Lauder, Rainer Blair, OpenAI, Jim Cramer's, Jim Cramer, Jim, Brendan McDermid Organizations: Dow Jones, Nasdaq, Club, Palo Alto Networks, IBM, Palo Alto, Bank of America, Broadcom, Google, . Management, Wall Street, Apple, CNBC, Traders, New York Stock Exchange Locations: Thursay, China, Palo, Palo Alto, New York City, U.S

Keep reading to learn how to watch the PGA Championship live streams, including cable and recap options. 2023 PGA Championship winner Brooks Koepka is also participating in the competition this year, along with Tiger Woods, Rory McIlroy, and others. Keep reading to learn your watch options for the PGA Championship as it heads into the weekend for Rounds 3 and 4. How to watch the PGA Championship in the USOver the weekend, coverage will be split among three channels/streamers. Shop at Peacock TVHow to watch the PGA Championship in the UKSky Sports is the British home to PGA Championship live streams.

Persons: Scottie Scheffler, Scheffler, Brooks Koepka, Tiger Woods, Rory McIlroy, There's, Peacock, VPNs, ExpressVPN Organizations: Business, America, PGA, ESPN, CBS, Paramount, Showtime, Paramount Plus, Nickelodeon, Comedy Central, BET, MTV, Paramount ESPN, Hulu, Disney Plus, ESPN Sling, Sling, Sky Sports Locations: Valhalla, British

☆ Under Armour was a real threat to Nike. Now it’s fighting to stay relevant
▼ + stars: | 2024-05-18 | by ( Parija Bhatnagar | Parija Kavilanz | ) edition.cnn.com time to read: +10 min

It was the upstart athletic brand that was making real inroads against Nike, the dominant name in the industry. People saw it as a company that actually could break through and take market share from Nike among the hardcore athletes,” Swartz said. String of controversiesThe period from 2016 onward is when “things really started to fall apart” at Under Armour, Swartz said. A bulk of Under Armour products are sold through sporting goods retailers and department stores, including Macy’s and Kohl’s, and online. The basketball superstar Curry, arguably the best shooter in history, famously signed with Under Armour instead of Nike in 2013.

Persons: Armour, Stephen Curry, Jordan Spieth, Kevin Plank, Howard Schultz’s, Bob Iger’s, Plank, ”, David Swartz, Morningstar, ” Swartz, Justin Sullivan, Tommy Gilligan, ” Plank, Swartz, “, —, Stephanie Linnartz, ” Schwartz, Andrew Kelly, Merrell, Zak Stambor, Stambor, Plank’s, Noel Celis, Eric Smallwood, Dwayne Johnson, Johnson, ” Smallwood, Smallwood, Curry, Joel Embiid, Embiid, Skechers, Caitlin Clark Organizations: New, New York CNN, Nike, Starbucks, Disney, CNN, Sports, North, Maryland Terrapins, Southern Methodist Mustangs, Capital, Maryland, Reuters, —, Armour, Sports Authority, Sporting Goods, UCLA, US Securities and Exchange Commission, Footwear News, Adidas, NBA Golden State Warriors, UA Curry II, Getty, Apex Marketing, United Football League, NBA, WNBA Locations: New York, San Rafael , California, North America, College Park , Maryland, Manhattan , New York, Petaluma , California, Manila, AFP

☆ Biden’s China Tariffs Are the End of an Era for Cheap Chinese Goods
▼ + stars: | 2024-05-18 | by ( Jim Tankersley | ) www.nytimes.com time to read: +1 min

For the first two decades of the 21st century, many consumer products on America’s store shelves got less expensive. A wave of imports from China and other emerging economies helped push down the cost of video games, T-shirts, dining tables, home appliances and more. Those imports drove some American factories out of business, and they cost more than a million workers their jobs. Stung by shuttered factories, cratered industries and prolonged wage stagnation, Americans in 2016 elected a president who vowed to hit back at China on trade. In separate but overlapping efforts, former President Donald J. Trump and President Biden have sought to revive and protect American factories by making it more expensive to buy Chinese goods.

Persons: Donald J, Trump, Biden Organizations: Walmart, Amazon, Mr Locations: China, United States, U.S

☆ Benedictine Sisters denounce Harrison Butker’s speech as his jersey sales rise
▼ + stars: | 2024-05-18 | by ( The Athletic Staff | ) www.nytimes.com time to read: +4 min

AdvertisementIn a statement released Friday, the sisters of Mount St. Scholastica said they “do not believe that Harrison Butker’s comments in his 2024 Benedictine College commencement address represent the Catholic, Benedictine, liberal arts college that our founders envisioned and in which we have been so invested. “Instead of promoting unity in our church, our nation, and the world, his comments seem to have fostered division. These women have made a tremendous difference in the world in their roles as wives and mothers and through their God-given gifts in leadership, scholarship, and their careers.”The Benedictine Sisters are a founding institution and sponsor of Benedictine College, according to the Mount St. Scholastica website. Butker’s jersey sales appear to be rising significantly since he delivered the 20-minute speech. (Christian Petersen / Getty Images)The NFL distanced itself from the ideas Butker expressed in his speech.

Persons: Scholastica, Harrison Butker’s, ”, Harrison, …, Tavia Hunt, Clark Hunt, Instagram, “, ” Hunt, Christian Petersen, Butker, Jonathan Beane, ” Beane, Lou Holtz, ” Holtz, Harrison Butker, Tim Nwachukwu Organizations: Benedictine College, Catholic, Kansas City Chiefs, Month, Benedictine, Chiefs Pro Shop, Chiefs, The Athletic, Institute for Family Studies, Getty, NFL, Athletic, People, America Locations: Mount St, Atchison , Kansas, St

☆ This Is Hot Slaw. And Cleveland, Tenn., Wants You to Love It, Too.
▼ + stars: | 2024-05-18 | by ( Emily Cochrane | Audra Melton | ) www.nytimes.com time to read: 1 min

In Cleveland, Tenn., a side dish became the main event after it gained statewide recognition. May 18, 2024Attend a barbecue, church potluck or summer dinner in the small city of Cleveland in eastern Tennessee, and somewhere on the table, there will be a dish of hot slaw. People here slather it on hot dogs, plop it on pulled pork or simply reach for a heaping spoonful. So when the State Legislature named hot slaw as Tennessee’s first official state food this year, born-and-raised residents elsewhere in the state were flummoxed. What was this dish that had vaulted over Moon Pies, the hickory smoked barbecue of Memphis and Nashville’s hot chicken?

Organizations: State Legislature Locations: Cleveland, Tenn, Tennessee, Memphis

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow Toyota took on America's trucksThe pickup truck segment is perhaps Detroit's last stronghold in the U.S. auto market, with the Ford, Chevrolet, GMC and RAM brands leading or outright dominating three out of four pickup segments. But the midsize Toyota Tacoma has had the longest-running tenure in that segment where it outsells all rivals by a large margin. But Tacoma is facing fresh challenges in the next few years, from foreign names such as Hyundai and Volkswagen to legacy U.S. automakers to EV makers like Rivian and Tesla.

Organizations: Toyota, Ford, Chevrolet, GMC, Toyota Tacoma, Tacoma, Hyundai, Volkswagen, U.S, EV Locations: U.S

☆ Here are Friday's biggest analyst calls: Nvidia, Tesla, Robinhood, Salesforce, Netflix, Roblox, Chevron, Walmart & more
▼ + stars: | 2024-05-17 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Friday's biggest calls on Wall Street: Bank of America reiterates Nvidia as buy Bank of America said top pick Nvidia remains "compelling" heading into earnings next week. Bank of America reiterates Marvell as buy Bank of America said it's sticking with its buy rating heading into earnings later this month. " Citi reiterates Walmart as a top pick Citi said the stock remains a top pick following earnings. Chevron Corp. (CVX): Reiterate Constructive View on Inﬂecting FCF Generation and Relative Valuation; Buy with 13% Total Return." "Near-term caution is offset by our increasingly bullish medium-term outlook, where CRM is well positioned for GenAI & valuation remains undemanding."

Persons: Marvell, Roth, Ree, Roth MKM, it's, REE, Wells, Oppenheimer, Reddit, Goldman Sachs, Tesla, Goldman, BTIG, Baird, Jefferies, Morgan Stanley, Baidu, Wolfe, UAL, Cantor Fitzgerald, Cantor, Price, Stifel, Salesforce Organizations: Bank of America, Nvidia, Ree Automotive, EV, Netflix, Citi, OpenAI, Google, Walmart, Darden, Jefferies, DuPont, Macquarie, Stock, underperform Bank of America, Chevron, Chevron Corp, JPMorgan, Body, United Airlines, Price Target, Health, Base Locations: Thu, Olive, China, United, Underperform

Given this outlook, the firm lifted its price target to $70 from $65, reflecting 24% upside from Thursday's close. — Samantha Subin 6:20 a.m.: Citi trims price target on Roblox, cites slower bookings growth Citi cut its price target on Roblox to $40 from $52 a share as the gaming platform grapples with a deceleration in bookings growth. "We are updating our model to account for 1Q24 results and our latest outlook," wrote analyst Jason Bazinet. For 2025, Citi now expects bookings growth of 14% versus 21%, or 4% below consensus. The firm expects bookings growth of 10% in 2026, which is 11% below consensus.

Persons: Macquarie, Jefferies, Reddit, Ronald Josey, OpenAI, Josey, – Samantha Subin, Mark McLaughlin, McLaughlin, — Samantha Subin, Jason Bazinet, DAUs, Bazinet, Craig Siegenthaler, Siegenthaler, Robinhood, — Fred Imbert, Morgan Stanley downgrades Baidu, Morgan Stanley, Gary Yu, Yu, Ellie Jiang, JD, Jiang, Laurence Alexander, Alexander Organizations: CNBC, DuPont, OpenAI, Bank of America, Citi, Baidu, Macquarie, Jefferies, DuPont de Nemours Locations: China, 3Q24, Robinhood, Underperform, Thursday's, JD.com

☆ Watch CNBC's full interview with IG North America CEO JJ Kinahan
▼ + stars: | 2024-05-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with IG North America CEO JJ KinahanIG North America CEO JJ Kinahan joins CNBC's 'Squawk Box' to discuss why meme stock mania is fading, how investors see this, and more.

Persons: JJ Kinahan Organizations: IG North, North

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