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☆ Bill Walton, one of basketball’s most eccentric characters, dies at 71
▼ + stars: | 2024-05-27 | by ( Jason Quick | ) www.nytimes.com time to read: +15 min

There was the satisfaction and appreciation of a team coming together to win the 1977 NBA title. The next day, before a Trail Blazers home game, Walton explained his emotions to a group of reporters. I regret the circumstances in which I left the Portland Trail Blazers’ family. “The Portland Trail Blazers deplore Bill Walton’s statement calling for the rejection of the United States Government. “And you are never the same again.”Related reading(Top photo of Bill Walton: NBA Photos / Getty Images)

Persons: Bill Walton, Walton, Adam Silver, Bill, Bill’s, Lori, Adam, Nate, Luke, Chris, ”, ” Walton, “, Ted Kulongoski, it’s, Jack Ramsay, Hank Delespinasse, Robert Parrish, Ricky Pierce, Eddie Johnson, Larry Bird, Kevin McHale, Steve James, Bird, Walton . Bird, James, ” James, Dave Twardzik, Tom Shanahan, don’t, Jack, Micki Scott, Patty Hearst, Walton’s, Herman Sarkowsky, Larry Weinberg, Harry Glickman, Bill Walton’s, Arthur Ashe, Kareem Abdul, Jabbar, Bill Russell, Muhammad Ali …, White, Hal Bock, …, Marty Glickman, —, Bill Walton's, Sir Isaac Newton’s, Fabricio Roberto, you’ve, Taylor, ” “ John Stockton Organizations: Fame, NBA, UCLA, Portland Trail Blazers, Boston Celtics, Naismith Hall of Fame, Blazers, The Athletic, Trail Blazers, Celtics, NCAA, Memphis State, Florida State, Getty, Philadelphia, Portland, LA Clippers, Sixth, Walton, Athletic, Associated Press, Wilshire, FBI, Scotts, Symbionese Liberation Army, United, United States Government, National Basketball Association, “ Sports, The Associated Press, New York Knicks, Prime Ticket Network, NBC, ABC, CBS, FOX, ESPN, Turner Sports Locations: La Mesa, Calif, Portland, Oregon, “, Blazermania, Los Angeles, Vietnam, United States, San Francisco, Walton, Utah, America

☆ Some Conservative Christians Are Stepping Away From the Gender Wars
▼ + stars: | 2024-05-17 | by ( Ruth Graham | ) www.nytimes.com time to read: +1 min

Mrs. James had a profound religious conversion experience early in parenthood, and their large nondenominational church quickly became the focal point of their lives. They used to say that if the doors were open, they were there. “We always joked that we had this perfect little scenario,” Mrs. James said. They initially refused to use their daughter’s chosen name, Lilia, and Mrs. James could barely be in the same room with her when she was wearing a skirt. Then a pastor at the church encouraged them to kick their daughter out of their home.

Persons: Andrew, Debbie James, James, “, Mrs, —, Lilia Locations: England, Denver

☆ Stocks making the biggest moves midday: Walmart, Deere, Meta, Chubb and more
▼ + stars: | 2024-05-16 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

The company said it now expects net income of roughly $7 billion, down from a range of $7 billion to $7.5 billion. Walmart — Shares rallied nearly 6% after the company reported adjusted first-quarter earnings of 60 cents per share, topping the 52 cents expected from analysts polled by LSEG. Chubb — Shares of the insurance company advanced nearly 4% after Warren Buffett's Berkshire Hathaway revealed Chubb was the confidential stock the conglomerate had been purchasing for two straight quarters. Berkshire bought nearly 26 million shares for about $6.7 billion, making it the second-largest holder in Chubb, according to a regulatory filing. GameStop , AMC — The meme stocks retreated for a second day following a speculative rally in the beginning of the week.

Persons: Chubb, Warren Buffett's Berkshire Hathaway, Goose, GoodRx, Raymond James, Samantha Subin, Alex Harring, Yun Li, Pia Singh Organizations: European Union, Facebook, Deere — Deere, Walmart —, LSEG, Revenue, Walmart, Berkshire, GameStop, AMC, UBS, AIG, Nippon Life Locations: Corebridge

☆ Here are Friday's biggest analyst calls of the day: Nvidia, Tesla, Apple, 3M, Bumble, Nike, Walmart, Palantir & more
▼ + stars: | 2024-05-10 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Wedbush reiterates Apple as outperform Wedbush said it's standing by its outperform rating on shares of Apple . Bank of America reiterates Palantir as buy Bank of America said it's standing by its buy rating on shares of Palantir. Bank of America initiates Apogee Therapeutics at buy Bank of America said the biotech company has best-in-class potential. Bank of America upgrades Bumble to buy from neutral Bank of America sees "multiple expansion" for the dating app company. Bank of America reiterates Walmart as buy Bank of America said it's bullish heading into Walmart earnings on May 16.

Persons: Bernstein, Wedbush, Palantir, Wells, CRNC, Stifel, TD Cowen, Morgan Stanley, Raymond James, it's, Bumble, Lear, Tesla, Oppenheimer, Guggenheim Organizations: Nvidia, Citi, Cheesecake, Apple, Worldwide, " Bank of America, Bank of America, Mizuho, Apogee Therapeutics, Warner Brothers Discovery, HSBC, TPG, of America, Dominion, underperform Bank of America, Dominion Energy, Barclays, Nike, Walmart, Supercenters, Moffett Locations: WWDC, Palantir, OW, U.S

☆ Here are Thursday's biggest analyst calls: Apple, Sunrun, Costco, Arm, Fox, Robinhood, Airbnb & more
▼ + stars: | 2024-05-09 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Thursday's biggest calls on Wall Street: Goldman Sachs reiterates Sunrun as buy Goldman said it's sticking with its buy rating following earnings on Wednesday. " JPMorgan reiterates SolarEdge as overweight JPMorgan said it's sticking with its overweight rating following earnings on Wednesday. " Citi reiterates Airbnb as buy Citi said it's standing by its buy rating on shares of Airbnb following earnings on Wednesday. JPMorgan reiterates Instacart as overweight JPMorgan said it's sticking with its overweight rating on shares of Instacart following earnings on Wednesday. Bank of America reiterates Apple as buy Bank of America said it's sticking with its buy rating following data showing App Store strength.

Persons: Goldman Sachs, Sunrun, Goldman, JPMorgan, SEDG, Shopify, Redburn, Mizuho, Robinhood, Airbnb, Davidson downgrades TripAdvisor, Raymond James, Fox, Cantor Fitzgerald, Cantor, EVGO, it's, Wolfe, Skyworks, SWKS, we're Organizations: JPMorgan, Bloomberg, Holdings, Deutsche Bank, Emerson, Deutsche, Citi, Bank of America, Fox, of America, Solutions, Barclays, UBS, Costco, Apple Locations: EBITDA

☆ Here are Wednesday's biggest analyst calls: Nvidia, Apple, Nike, Rivian, Reddit, Disney, Micron, Redfin, Block, Ferrari & more
▼ + stars: | 2024-05-08 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Bank of America reiterates Apple as buy Bank of America is sticking with its buy rating on shares of Apple after its Tuesday iPad event. Bank of America reiterates Rivian as buy Bank of America said it's standing by the EV maker following earnings on Tuesday. " Bank of America initiates Sutro as buy Bank of America said it's bullish on shares of the biotech company. Deutsche Bank upgrades Boston Beer to hold from sell Deutsche upgraded the stock mainly owing to valuation. Bank of America reiterates Nvidia and Micron as buy Bank of America said it's sticking with buy ratings on both Nvidia and Micron.

Persons: Wells, Baird, Apple, Morgan Stanley, NKE, Reddit, Rivian, RIVN, Rosenblatt, Raymond James, it's, Roth, SHLS, Goldman Sachs, Goldman, ZI, YTD, Stephens, Ferrari Organizations: Hexcel Corporation, Old Dominion, Bank of America, Apple, Nike, Citi, Barclays, Disney, Nasdaq, JPMorgan, VMware, Broadcom, Deutsche Bank, Boston Beer, Deutsche, Nvidia, Micron, AMD, ARM, MU, Garden Entertainment, Knicks, Rangers, UBS, Ferrari Locations: Old, Disney, Datadog, RDFN

☆ How AI is changing OnlyFans and adult content creation, from chatting to 'AI twins,' and where the future is headed
▼ + stars: | 2024-05-07 | by ( Marta Biino | ) www.businessinsider.com time to read: +12 min

Many AI adult influencers have turned to OnlyFans competitor Fanvue to monetize their content. MySentient has been investing in creating "sentient" AI chatbots based on people that range from adult creators like Amouranth to Jesus. Elaina St James has used different AI tools to generate images of herself in different contexts and outfits. To create these characters, they use a variety of AI tools, including Unstable Diffusion, an AI image generator that focuses on NSFW content. Others see the power of AI but also the issues it could create for the adult industry as a whole.

Persons: Riley Reid, Ana Levy, Isla Moon, Jada Sparks, Fanvue, it's, OnlyFans, Fortune, Riley Reid's Clona, immortalize, Riley, MySentient, Amouranth, Jesus, Reese Leysen, Leysen, We've, Robert Weiss, that's, she'd, James, Elaina, James Level, —, Eva AI, MyClub.ai, Eva, MyClub, Jessica Moore, Elaina St James, St James, Zoe Fox, Aika Kittie, Margot Robbie, Influencer Sophie Annaston, she's, Sophie Annaston, who's, It's, Charles Lyle Organizations: Business, MyClub, AVN, Media Locations: Philippines, India, Pakistan, Canada, Spanish, Fanvue, Lipa

☆ Here are Thursday's biggest analyst calls: Ferrari, Netflix, Tesla, Nvidia, TJX, Carvana & more
▼ + stars: | 2024-05-02 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

UBS upgrades Burlington to neutral from sell UBS said the outlook for Burlington is improving. Jefferies reiterates Netflix as buy After a change in analyst coverage, the firm says it's standing by its buy rating. UBS upgrades TJX Companies to buy from neutral UBS says the off-price retailer is a "growth stock with surprising upside." UBS downgrades CVS to neutral from buy UBS said it sees too much uncertainty for shares of CVS. JPMorgan upgrades Carvana to overweight from neutral JPMorgan upgraded Carvana following earnings on Wednesday.

Persons: Morgan Stanley, Ferrari, Mizuho, C27E, BURL, Jefferies, Rosenblatt, TD Cowen downgrades Wolfspeed, Cowen, Raymond James, Parsons, Ziff Davis, KBW, Piper Sandler, Cantor Fitzgerald, Tesla, Cantor, it's bullish Organizations: Nvidia, Mizuho, UBS, Netflix, Networks, Enterprise, Jefferies, CTV, TJX Companies, Department Stores, CVS, JPMorgan, Susquehanna, MGM, Bank of America, Community Bank, Piper, NYCB, ~$ Locations: Burlington, Las Vegas

☆ U.S. Congress members demand answers on Andretti's exclusion from Formula 1
▼ + stars: | 2024-05-01 | by ( Sahil Kapur | ) www.cnbc.com time to read: +5 min

Twelve members of the U.S. Congress sent a letter to Formula 1 owner Liberty Media on Wednesday demanding answers for why it is excluding Andretti Global from the sport, giving the American team powerful new allies in its bid to enter F1. "Our team, Andretti Global, is part of every major racing discipline in the world. Last fall Formula 1's governing body, the FIA, accepted the racing team's push to join the grid, saying it met the criteria. Because we have an obligation to protect the American consumer, to protect American companies, and that is our first allegiance. The move marks an earthquake for F1 as Newey is widely regarded as the greatest car designer in the sport.

Persons: Mario Andretti, Andretti Cadillac, John James, Gregory Maffei, —, that's, Andretti, James, It's, Jim Jordan, Adrian Newey, Sebastian Vettel, Max Verstappen, Newey Organizations: Auto, U.S, Capitol, U.S . Congress, Liberty Media, Andretti Global, American, General Motors, Formula, Andretti, GM, Cadillac, Rep, FIA, Formula One Management, Miami, Prix, Las Vegas, Red Bull Racing, Red Bull, NBC News Locations: U.S, Michigan, America, Ohio, Austin

☆ LeBron James: Paris 2024 is on the horizon, but first star wants to spend time with family after LA Lakers exit playoffs
▼ + stars: | 2024-04-30 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +3 min

CNN —After being dispatched in five games by the reigning champion Denver Nuggets, LeBron James spoke to the media about what’s next for the Los Angeles Lakers’ superstar. With his season once again coming to a premature end, James is looking forward to spending some time away from basketball. “I just want to get home to the family, honestly,” James said after the game. James, playing in his 21st season in the league, averaged 27.8 points across the five games along with 6.8 rebounds, 8.8 assists, 2.4 steals and one block. Despite the silver lining of an extended break from the sport, the summer won’t be one long vacation for James.

Persons: LeBron James, James, “, ” James, ”, Bronny, who’s, Bart Young, Jamal Murray, Kevin Durant, Steph Curry, ‘, King ’, coy, “ I’m, Isaiah J, Downing, Reuters James, ” Bronny Organizations: CNN, Denver Nuggets, Los Angeles Lakers ’, Denver, Laker, Phoenix Suns, AAU, Nuggets, Lakers, Team USA, Olympic Games, USA, Reuters, NBA, University of Southern Locations: LA, Paris, University of Southern California

☆ Here are Friday's biggest analyst calls: Nvidia, Microsoft, Alphabet, Apple, Snap, Intel, Western Digital and more
▼ + stars: | 2024-04-26 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Here are Friday's biggest calls on Wall Street: Bank of America reiterates Alphabet as buy Bank of America said it is sticking with its buy rating on Alphabet following earnings Thursday. Deutsche Bank reiterates Snap as buy Deutsche Bank said it is sticking with its buy rating on the stock following earnings on Thursday. " Goldman Sachs reiterates Intel as sell Goldman Sachs said it is standing by its sell rating on Intel shares following earnings Thursday. Benchmark upgrades Western Digital to buy from hold Benchmark upgrades Western Digital following the company's "major upside" earnings report. Bank of America reiterates Nvidia as buy Bank of America said Nvidia remains a top idea at the firm.

Persons: Goldman Sachs, prioritization, Maxim, Bank of America downgrades Hertz, Raymond James, Knight, Morgan Stanley downgrades Mobileye, Morgan Stanley, Piper Sandler, Wells, Dow Organizations: Bank of America, Deutsche, Deutsche Bank, Microsoft, Intel, TAM, Apple, Barclays, Enphase Energy, Digital, " Bank of America, Sonic Automotive, underperform Bank of America, Underperform, of America, Nvidia, AMD, MU, Caterpillar, Air Defense, Swift Transportation, EPAM, IT Services, Materials, Compass Minerals, JPMorgan, Dow, Teledyne, HSBC Locations: China, underperform, Israel

☆ Here are Friday's biggest analyst calls: Nvidia, Netflix, Shopify, Dell, Microsoft, Meta, Coca-Cola, Amazon & more
▼ + stars: | 2024-04-19 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Morgan Stanley reiterates Ford and General Motors at overweight Morgan Stanley remains bullish on both automakers. Loop initiates DoorDash as buy Loop said in its initiation of the stock that it has more earnings potential. We think that years of debate over viability and earnings potential of on-demand gig platforms has been settled." Morgan Stanley upgrades Shopify to overweight from equal weight Morgan Stanley said market share gains are increasing for Shopify. Morgan Stanley reiterates Microsoft at overweight Morgan Stanley said it's bullish heading into earnings next week. "

Persons: Oppenheimer, Morgan Stanley, Ford, Mizuho, Jefferies, Ulta, they've, Riley, we've, Wells, Sunnova, it's, we're, Edward Jones downgrades Hershey, Edward Jones, Hershey, Wolfe, Raymond James downgrades, Raymond James, Dell, Needham, Baird, COLM Organizations: Nvidia, General Motors, GM, Mizuho, Netflix, Bank of America, Lam Research, NOVA, " Bank of America, Meta, JPMorgan, Charlotte, Shopify, RBC, Inspire, Systems, Microsoft, UBS, Columbia Locations: U.S, Charlotte , North Carolina

☆ Here are Wednesday's biggest analyst calls: Nvidia, Broadcom, Apple, Tesla, Netflix, Amazon, Microsoft & more
▼ + stars: | 2024-04-17 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Wednesday's biggest calls on Wall Street: Barclays reiterates Tesla as equal weight Barclays lowered its price target on Tesla to $180 per share from $225 and said it sees a negative catalyst heading into earnings. Wells Fargo reiterates Microsoft as overweight Wells raised its price target on the stock to $480 per share from $460. Barclays reiterates Broadcom as overweight Barclays raised its price target on Broadcom to $1,500 per share from $1,405. Wells Fargo reiterates Goldman Sachs as overweight Wells said it gives a "gold star" to Goldman coming out of earnings. Truist reiterates Amazon as buy Truist raised its price target on the stock to $216 per share from $195.

Persons: Tesla, Mizuho, RCL, Hancock Whitney, Raymond James, it's, Vernova, Wells, AAPL, TD Cowen, Jefferies, Morgan Stanley, NVDA, Goldman Sachs, Goldman, Maxim, Truist Organizations: Street, Barclays, Royal Caribbean, Citi, GE, HSBC, Biotech, Apple, Microsoft, Broadcom, Education, Strategic Education, Guggenheim, Automotive, Netflix Locations: China, Gulf

☆ Stocks making the biggest moves midday: Tesla, Goldman Sachs, Salesforce and more
▼ + stars: | 2024-04-15 | by ( Pia Singh | ) www.cnbc.com time to read: +4 min

Goldman posted earnings of $11.58 per share on revenue of $14.21 billion for the period, while analysts surveyed by LSEG had called for earnings of $8.56 per share on revenue of $12.92 billion. Analyst Erik Woodring forecast only 3% annual revenue growth through fiscal 2027, which is below consensus. Morgan Stanley initiated coverage of the social media platform at equal weight, saying shares are already trading at fair value. Deutsche Bank called Reddit a buy, while Raymond James said the social media stock is a strong buy. Trump Media & Technology Group — Shares of Trump Media plunged more than 15% after the company filed to issue up to 21.5 million shares.

Persons: Elon Musk, Tesla, Goldman Sachs, Wall, Goldman, LSEG, Morgan Stanley, Erik Woodring, Salesforce, Raymond James, Coupang, Resideo, Charles Schwab —, Schwab, Yun Li, Lisa Kailai Han, Sarah Min, Michelle Fox Organizations: Logitech —, Dow, Street Journal, Informatica, Reddit, Wall, JPMorgan, Deutsche Bank, Medical Properties, Trump Media & Technology, Trump Media, Citi, Resideo Technologies Locations: Stifel, Utah, South Korea

☆ Here are Friday's biggest analyst calls: Apple, Amazon, Tesla, Microsoft, Boeing, First Solar & more
▼ + stars: | 2024-04-12 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Friday's biggest calls on Wall Street: Morgan Stanley reiterates Netflix as overweight Morgan Stanley raised its price target on the stock to $700 per share from $600. Morgan Stanley reiterates Starbucks as overweight Morgan Stanley lowered its price target to $115 per share from $120 but says it's sticking with Starbucks shares. "Charles Schwab's profitability, earnings growth, and free cash flow yield make it an attractive stock in the Financial sector." "Our 12-month price target of $84 (17% potential upside) is unchanged and we maintain our Buy rating on the stock." Goldman Sacks reiterates Apple as buy Goldman said it's sticking with its buy rating ahead of earnings in early May.

Persons: Morgan Stanley, Wolfe, Piper Sandler, Charles Schwab, Piper, Schwab, Charles, Marvell, Jefferies, ASO's, BTIG, it's, Rosenblatt, Raymond James, Goldman Sacks, Apple, Goldman, Janney, Tesla Organizations: Netflix, BMO, Microsoft, Starbucks, JPMorgan, " Bank of America, Bank of America, Sports, Environment, UBS, NYSE, Energy, Arista Networks, Arista, AI Data Center, Mizuho, Citi, Cisco Citi, Cisco, Boeing, Novo Nordisk Locations: South America, Europe, China

☆ Conservative activists reach $1 million settlement deal with New York AG for running a 2020 voter suppression campaign
▼ + stars: | 2024-04-09 | by ( Devan Cole | ) edition.cnn.com time to read: +3 min

CNN —Conservative activists Jacob Wohl and Jack Burkman have agreed to pay $1 million to the New York attorney general’s office and others for running a voter suppression campaign targeting Black voters during the 2020 election. If the pair “fail to pay at least $105,000 by December 31, 2024, and do not address the failure to pay within 30 days, the amount will increase to $1.25 million,” James’ office said. “Wohl and Burkman orchestrated a depraved and disinformation-ridden campaign to intimidate Black voters in an attempt to sway the election in favor of their preferred candidate,” James said in a statement. In 2022, an Ohio judge ordered the two men to spend 500 hours registering low- and middle-income voters in the Washington, DC, area after authorities in Ohio accused them of running a voter suppression campaign in multiple states. Other criminal charges against Wohl and Burkman are pending in Michigan.

Persons: Jacob Wohl, Jack Burkman, Letitia James, James ’, ” James ’, “, Burkman, ” James, ”, David Schwartz, robocalls “, Wohl Organizations: CNN — Conservative, New, Black, ”, Wohl, National Coalition, “, Federal Communications Commission Locations: New York, Ohio, Washington, DC, Michigan

☆ Here are Thursday's biggest analyst calls: Nvidia, Tesla, Super Micro, Meta, Wynn, Reddit, Coinbase, GM & more
▼ + stars: | 2024-04-04 | by ( Michael Bloom | ) www.cnbc.com time to read: +10 min

Mizuho reiterates Nvidia as a top pick Mizuho says Nvidia is still a top idea at the firm. Morgan Stanley initiates Mural Oncology at overweight Morgan said in its initiation of the biotech company that it sees a long "cash runway" lasting through 2025. Morgan Stanley downgrades Block to underweight from equal weight Morgan Stanley sees growth headwinds for the payment tech company. Morgan Stanley upgrades Zeta to overweight from equal weight Morgan Stanley said the marketing technology company has an underappreciated valuation. " Morgan Stanley reiterates Tesla at overweight Morgan Stanley lowered its price target to $310 per share from $320. "

Persons: Bernstein, Reddit, underperform Bernstein, Raymond James, Raymond James downgrades Bumble, Barclays downgrades Ferrari, it's, Mizuho, Goldman Sachs, Goldman, Morgan Stanley, Morgan, Wolfe, underperform Wolfe, Piper Sandler, Piper, Synopsys, Morgan Stanley downgrades Block, Dave, Buster's, Jefferies, Zeta, Oppenheimer, Ball, Wayfair, Wynn, bullish, Tesla, Goldman Sachs downgrades Hertz Organizations: Citi, Barclays, Ferrari, Nvidia, JPMorgan, Avis, UBS downgrades Bank of America, UBS, Apple, AstraZeneca JPMorgan, AstraZeneca, Amazon, AWS, Meta, General Motors, GMC, Chevrolet, Buick, GM, DFS, Mizuho, Eversource Energy Locations: Avis, MURA, Charlotte, Wayfair, Capital, Macau

☆ Here are Wednesday's biggest analyst calls: Tesla, Amazon, Alphabet, Meta, UPS, Tyson, Disney, SoFi & more
▼ + stars: | 2024-04-03 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

"We are initiating coverage of SoFi Technologies (SOFI) with a BUY rating and a $10 price target." "Weighing Robinhood's Compelling New Product Roadmap Against a Now More Demanding Stock Price / Valuation." "As a result of higher revenue and Adjusted EBITDA estimates, we are raising our price target to $230 from $160 previously, and maintaining our MP rating." Wells Fargo reiterates Alphabet as equal weight Wells lowered its price target on Alphabet to $141 per share from $144. Guggenheim reiterates Disney as buy Guggenheim raised its price target on the stock to $140 per share from $125. "

Persons: Needham, SoFi, Baird, INFA, Piper Sandler, Piper, KBW, DA Davidson, ZETA, Goldman Sachs, Goldman, it's, Carlisle, Raymond James, Jones Lang LaSalle, Eaton Deutsche, Wells, it's bullish, Tyson, Guggenheim, Tesla, Riley, Gordon Haskett Organizations: SoFi Technologies, Ecolab Inc, Citi, Zeta Global, DA, Carlisle Companies, Deutsche Bank, Eaton, Fluence, Meta, PepsiCo, Argus, JPMorgan, UW, Tyson Foods Citi, UPS, Barclays, Amazon, Disney, Guggenheim, Deutsche, Holdings, Booking Holdings, Inc, Costco, Northland, WT Locations: Northland

☆ 22 Indian crew members stranded on the ship that crashed into Baltimore bridge could be on board for weeks, report says
▼ + stars: | 2024-03-31 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +3 min

Read previewThe crew of the container ship that crashed into the Baltimore bridge five days ago are still trapped on board the stricken vessel, a report says. The crew, all Indian nationals, are likely continuing to work to maintain the ship as they remain stranded, the Times said. The container ship Dali collided with a key bridge in Baltimore on Tuesday. Those onshore have devised inventive ways to contact the crew members who do not have consistent internet access on board. AdvertisementThe crew members seem to be faring well, given the circumstances.

Persons: —, Dali, Francis Scott Key, Michael A, McCoy, Wes Moore, Chris James, James, Joshua Messick, Andrew Middleton, I've, Grace Ocean Organizations: Service, Business, The New York Times, Times, Washington Post, Getty, Synergy, National Transportation Safety Board, Coast Guard, Baltimore International, Maersk Locations: Baltimore, Patapsco, Singapore, Danish, Colombo, Sri Lanka

☆ Trump’s Financial Squeeze
▼ + stars: | 2024-03-26 | by ( Maggie Haberman | ) www.nytimes.com time to read: +1 min

Donald Trump has 10 days to come up with a $175 million bond in his New York civil fraud case. After that, he may be on the hook for the full penalty in the case: almost half a billion dollars. The New York attorney general, Letitia James, sued Trump and the Trump Organization in 2022. She accused them of committing widespread fraud over a decade by inflating the values of properties, at times by as much as $2 billion a year. Trump has insisted that since his lenders weren’t stiffed, there were no victims, and that he considers the judgment corrupt.

Persons: Donald Trump, Letitia James, Trump, James, weren’t Organizations: New, Trump Organization Locations: New York

☆ Opinion | No One Is Above the Law, Except, Apparently, Donald Trump
▼ + stars: | 2024-03-26 | by ( Jamelle Bouie | ) www.nytimes.com time to read: +1 min

As the week began, it looked as though Donald Trump would finally face consequences — or at least, a consequence — for his actions. Last month, a New York state trial court found the former president liable for inflating his net worth and misleading banks and insurers in order to receive favorable loans for his various businesses and commercial enterprises. The judge, Arthur F. Engoron, imposed a penalty of $454 million, to be paid into the state’s general fund. Letitia James, New York’s attorney general, gave Trump a 30-day grace period to secure bond as he pursued appeal of the judgment. And even if he could, Trump would need to pledge at least as much in collateral to the company.

Persons: Donald Trump, Arthur F, Letitia James, “, ” James, Trump, Kalief Browder —, — Organizations: Trump Locations: New York, New

U.S. Attorney Damian Williams said conspiracy charges against KuCoin and two executives should warn other crypto exchanges that they cannot serve U.S. customers without following U.S. laws. An indictment in Manhattan federal court said the company and its founders tried to conceal the existence of its U.S. customer base. KuCoin was also required to cease New York operations after falsely representing itself as a crypto exchange without registering as a securities and commodities broker-dealer, James said. “KuCoin grew to service over 30 million customers, despite its alleged failure to follow laws necessary to ensuring the security and stability of our world’s digital banking infrastructure,” McCormack said. Three companies doing business as KuCoin were incorporated in the Cayman Islands, the Republic of Seychelles and Singapore.

Persons: Damian Williams, KuCoin, Letitia James, James, Williams, “, ”, Darren McCormack, “ KuCoin, ” McCormack, Johnny, Chun Gan, Ke Tang Organizations: New York, Homeland Security Investigations Locations: U.S, Manhattan, York, New York, China, Cayman Islands, Republic of Seychelles, Singapore

☆ Opinion: Trump’s facing a legal one-two punch
▼ + stars: | 2024-03-25 | by ( Opinion Norman Eisen | Andrew Warren | ) edition.cnn.com time to read: +9 min

CNN —Contrary to the popular view that former President Donald Trump has successfully delayed accountability, this week he’s facing a one-two punch that has the potential to inflict lasting damage. Some say that this case, too, serves as an example of Trump’s success at delaying prosecution against him. On March 18, Trump’s lawyers told the court that it was a “practical impossibility” to secure such a large bond. The bottom line, however, is that the New York attorney general is likely going to continue putting liens on Trump’s properties. Whatever delays may be present in those jurisdictions, or in Florida’s Mar-a-Lago documents case, in New York the former president is facing serious hits.

Persons: Norman Eisen, Barack Obama’s, Andrew Warren, Donald Trump, Attorney Alvin Bragg, Letitia James, Norm Eisen, Bragg, Trump, Stormy Daniels, Daniels, Michael Cohen, –, Cohen, SDNY, Judge Juan Merchan, Donald , Jr, Eric, Judge Arthur Engoron, James, general’s Organizations: CNN, US Department of Justice, New, Manhattan, Attorney, New York, Trump, Andrew Warren State, US, Office, Southern, of, Trump Organization, Seven, NY, DC Locations: Hillsborough County , Florida, New York, of New York, Westchester County , NY, Springs, Manhattan, New York City, Saudi Arabia, Russia, Georgia, Florida’s Mar

☆ Stocks making the biggest moves before the bell: Boeing, Masimo, Cleveland-Cliffs, Baidu, Disney and more
▼ + stars: | 2024-03-25 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

Masimo — Shares soared nearly 12% following the medical technology company's announcement late Friday it is considering a spinoff of its consumer business. In addition, Wells Fargo upgraded the stock Monday, citing the potential separation of the businesses. Baidu — Shares of the technology company climbed 1.4% following news that Baidu is reportedly engaged in talks with Apple for a potential collaboration on artificial intelligence services in China. Disney — Shares rose 1.2% after Barclays upgraded the media company to overweight from equal weight, saying Disney has further upside even after its outperformance this year. Foot Locker — The shoe retailer rose 2.9% after Evercore ISI upgraded the stock to outperform from in line.

Persons: Dave Calhoun, Larry Kellner, Masimo, Quentin Koffey, Wells, Baidu, Nelson Peltz, Locker, Tesla, Raymond James, Jesse Pound, Tanaya Macheel, Michelle Fox, Brian Evans, Sarah Min Organizations: Boeing —, Street Journal, Politan Capital Management, Department of Energy, Chipmakers, Intel, Financial Times, Nvidia, Baidu —, Apple, Disney, Barclays, Blackwells, ISI, Mizuho Securities, Scotts Miracle, Gro Locations: Wells Fargo, Cleveland, Ohio, Pennsylvania, China, U.S, Europe

☆ LA Lakers post highest point total since 1987 in historic scoring night against Indiana Pacers
▼ + stars: | 2024-03-25 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +4 min

CNN —The Los Angeles Lakers produced their highest scoring night in 37 years on Monday, outlasting the Indiana Pacers 150-145 in a clash between two potent offenses. The Lakers, led by the superstar duo of LeBron James and Anthony Davis, had four players score at least 25 points in what was the team’s highest scoring game of the season. Indiana held a six-point lead after the first quarter before a scoring explosion from LA saw the team put up 86 points across the second and third quarters alone. “We played (the Pacers) in the (In-Season Tournament) championship, and we know how high-powered an offense they are,” said James. We don’t need to give them life, but at this point in the season, a win is a win.

Persons: LeBron James, Anthony Davis, Davis, James, Spencer Dinwiddie, Austin Reaves, ” James, “, ” Davis, Etienne Laurent, ”, “ They’re, we’ve, Rick Carlisle, Haliburton, Ronald Martinez, it’s, you’ve, ” Carlisle, Pascal Siakam, Myles Turner, Andrew Nembhard Organizations: CNN, Los Angeles Lakers, Indiana Pacers, Lakers, NBA, AP, Pacers, Indiana, Star Tyrese Haliburton, Eastern Conference Locations: Indiana, LA, West

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