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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIBM CEO Arvind Krishna on revenue miss, consulting business and HashiCorp acquisitionIBM CEO Arvind Krishna joins 'Money Movers' to discuss the company's revenue miss, company outlook, and consulting business.
Persons: Arvind Krishna
The Election Commission uses indelible ink, or “voter ink”, to prevent fraud or duplicate votes. Sujit Jaiswal/AFP/Getty ImagesMore than 960 million people are eligible to vote in India’s election, the world’s biggest. “Indelible ink serves no other purpose,” said Irfan. The company now supplies indelible ink to more than 35 countries, including to Ghana beginning in the late 1970s. However, Ghana’s election commission recently announced it would phase out the use of indelible ink, opting for biometric verification methods instead.
Persons: CNN CNN —, , K Mohammed Irfan, Manish Swarup, Deepika Padukone, Sujit Jaiswal, Irfan, , Ornit Shani, Shani, ” Shani, Prakash Singh, MVPL, Krishna Raja Wadiyar IV, Mukulika Banerjee, Rakesh Nair, Banerjee, haven’t, ‘ I’ve Organizations: CNN CNN, CNN, Getty, Universal, Bloomberg, London School of Economics, Reuters “ Locations: Neemrana, India, Mumbai, AFP, Mysuru, Karnataka, Chennai, Muzaffarnagar district, Uttar Pradesh, Mysore, Ghana, West Bengal
In an effort to navigate a market that remains highly concentrated under Big Tech's dominance, but also ripe for stock pickers, Barclays has dozens of stocks that share similar characteristics to the tech heavyweights. However, some select Big Tech remained fairly strong throughout the sell-off, with stocks like Alphabet and Apple bucking the downtrend. While Big Tech valuations still appear reasonable to Barclays analyst Venu Krishna, he pointed out that they're "not the only game in town," and suggested investors diversify their portfolios to beat their benchmarks. Yet, market returns, earnings upside, and institutional investor exposure remain highly concentrated in Big Tech," Krishna said in a Tuesday note. Aside from allowing investors to diversify, these stocks come with strong fundamentals based on profitability, balance sheet strength, cash conversion, and growth-adjusted valuation characteristics that closely resemble those of Big Tech stocks, the firm said.
Persons: Venu Krishna, Krishna, Dennis Geiger, Geiger, outperformance, Adrienne Yih, Yih, Goldman, TJX Organizations: Barclays, Big Tech, Inter, UBS, Software, Oracle, Arista Networks, JPMorgan, Arista, TJX Companies, Goods Locations: Big Tech, SPX, Ulta
New York CNN —Wednesday’s Federal Reserve policy decision will likely be pretty boring for investors — officials are widely expected to keep interest rates the same, just as they have since July 2023. They think that the Fed may curtail its quantitative tightening (QT) program — that’s the selling off of its assets to decrease money supply and increase interest rates — by as much as half. Those purchases ended up pushing down interest rates in certain parts of the economy, like housing and auto sales. That led to a “repo crisis”, where the interest rates for overnight loans between banks spiked unusually high. That’s because a taper should send bond prices higher, and interest rates lower.
Persons: there’s, Jamie Dimon, Jerome Powell doesn’t, Krishna Guha, Marco Casiraghi, , Bill Adams, Biden, reclassify, General Merrick Garland, Xochitl Hinojosa, , Nancy Mace, Earl Blumenauer, ” Read, Zhao, Allison Morrow, ” Binance Organizations: CNN Business, Bell, New York CNN, Fed, JPMorgan Chase, Comerica Bank, Bank of America, CNN, US Department of Justice, Federal Register, Congress, Associated Press, Republican, CZ, Binance, Bloomberg Locations: New York, South Carolina, Oregon, Seattle
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRemain favorably inclined to Big Tech as fundamentals remain strong, says Barclays' Venu KrishnaVenu Krishna, Barclays head of U.S. equity strategy, joins 'Money Movers' to discuss if this is a period when tech will underperform the broader market, how to play the tech market, and much more.
Persons: Venu Krishna Venu Krishna Organizations: Big Tech, Barclays
The International Monetary Fund raised its Asia growth forecast for 2024 on Tuesday, as it remained optimistic about India's growth and focused on the need for more stimulus from China. The IMF now expects Asia's economy to grow 4.5% this year, up 0.3 percentage points from six months earlier. The upward revision reflects upgrades for China, the IMF said, where it expects policy stimulus to provide support. India is currently the world's fifth-largest economy with GDP of $3.7 trillion and is aiming to become the world's third-largest by 2027. IMF's Srinivasan also wrote that strong private consumption will continue to drive growth in Asia's other emerging markets.
Persons: Krishna Srinivasan, IMF's Srinivasan Organizations: Monetary Fund, IMF Locations: Asia, China, Pacific, India
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThings went the wrong way for the Fed in the first quarter, says Evercore ISI's Krishna GuhaKrishna Guha, Evercore ISI vice chairman, joins 'Squawk Box' to discuss the Fed's inflation fight, interest rate outlook, news of Trump allies drafting plans to erode the Fed's independence if he wins the 2024 election, and more.
Persons: Evercore ISI's Krishna Guha Krishna Guha, Evercore Organizations: Fed, Trump
On Tuesday, The Wall Street Journal reported that IBM was getting close to acquiring HashiCorp, sending shares upward. In 2021 HashiCorp shares started trading on the Nasdaq. HashiCorp shares moved 4% higher in extended trading following the acquisition announcement. Revenue from software, at $5.90 billion, increased about 6% and was below the $5.96 billion consensus among analysts surveyed by StreetAccount. Notwithstanding the after-hours move, IBM shares are up about 13% so far this year, outperforming the S&P 500 index, which is up 6% over the same period.
Persons: Arvind Krishna, Dave McJannet, Rob Thomas, IBM's, HashiCorp Organizations: Economic, IBM, HashiCorp, Street Journal, Bloomberg, Linux, Nasdaq, LSEG, StreetAccount, Weather Company, Francisco Partners Locations: Davos, Switzerland
CNN —India’s Prime Minister Narendra Modi has been accused of delivering Islamophobic remarks during an election rally Sunday, triggering widespread anger from prominent Muslims and members of the opposition. India's Prime Minister Narendra Modi speaking during a rally in Sydney, Australia, on May 23, 2023. Kalpit Bhachech/Getty Images Narendra Modi, then BJP secretary is welcomed at Ahmedabad Railway Station by the party's followers on January 31, 1992. Kalpit Bhachech/Dipam Bhachech/Getty Images Narendra Modi pictured in India on January 23, 1998. Brent Lewin/Bloomberg/Getty Images India's Prime Minister Narendra Modi addresses Congress at the US Capitol in Washington, DC, on June 22, 2023.
Persons: CNN —, Narendra Modi, Islamophobic, Modi’s, Modi, , ” Modi, Matthew Abbott, Hiraben, Damodardas, Dipam Bhachech, Lal Krishna Advani, Subhas Chandra Bose, Kalpit Bhachech, Kalpit, Negi Yasbant, Amit Dave, Ajit Solanki, Kevin Frayer, Saurabh Das, AP Modi, Manish Swarup, Lucas Jackson, Barack Obama, Adrien Helou, Reuters Modi, Adnan Abidi, Stringer, Mark Zuckerberg, David Paul Morris, Marco Longari, Angela Merkel, Tobias Schwarz, Emmanuel Macron, Charles Platiau, Saudi Arabia's Crown Prince Mohammed bin Salman, India's, Jair Bolsonaro, Vladimir Putin, Xi Jinping, Amit Shah, Money Sharma, Boris Johnson, Phil Noble, Anthony Albanese, Brent Lewin, Pedro Ugarte, Joe Biden, Doug Mills, Paul Mashatile, Jacoline, Imtiyaz Khan, Amr Alfiky, Rana Ayyub, Asaduddin Owaisi, “ Modi, Mallikarjun Kharge Organizations: CNN, CNN — India’s, Bharatiya Janata Party, BJP, Indian National Congress, of India, India's, New York Times, Rashtriya Swayamsevak Sangh, Getty, Modi, Hospital, Narendra, India Today, AP, Madison, Garden, Reuters, Washington , D.C, French National Space Agency, of Yoga, Meta, Facebook, Bloomberg, European, Saudi Arabia's Crown, Rashtrapati Bhavan, Kyodo, British, Summit, Qudos Bank, White, Anadolu Agency, Anadolu, United, United Arab Emirates, Sangh, Hindu, , Hate Locations: Rajasthan, Sydney, Australia, Gujarat, India, Ahmedabad, Ahmadabad, Varanasi, New Delhi, United States, Washington, Washington ,, Toulouse, France, Xian, AFP, Menlo Park , California, U.S, Pretoria, South Africa, China, Berlin, Paris, Rashtrapati, Russian, Brasilia, Glasgow, Red, Ayodhya, Uttar Pradesh, Abu Dhabi, United Arab, BJP,
Supporters of India's opposition party, Indian National Congress, during an election rally in Puducherry on April 15, 2024 R. Satish Babu/AFP/Getty ImagesDemocracy under threat? Dipam Bhachech/Hulton Archive/Getty Images Modi worked his way through the ranks of the BJP, establishing himself as a respected politician. Tobias Schwarz/AFP/Getty Images Modi hugs French President Emmanuel Macron after a ceremony at the Arc de Triomphe in Paris, on June 3, 2017. Brent Lewin/Bloomberg/Getty Images India's Prime Minister Narendra Modi addresses Congress at the US Capitol in Washington, DC, on June 22, 2023. Pedro Ugarte/AFP/Getty Images Modi offers a toast during a State Dinner with President Joe Biden at the White House in Washington, on June 22, 2023.
Persons: , Narendra Modi, Mallikarjun Kharge, Indira Gandhi, Gandhi, ” Hazari Lal Rajput, Satish Babu, Modi, Modi’s, Matthew Abbott, Hiraben, Damodardas, Dipam Bhachech, Lal Krishna Advani, Subhas Chandra Bose, Kalpit Bhachech, Kalpit, Negi Yasbant, Amit Dave, Ajit Solanki, Kevin Frayer, Saurabh Das, AP Modi, Manish Swarup, Lucas Jackson, Barack Obama, Adrien Helou, Reuters Modi, Adnan Abidi, Stringer, Mark Zuckerberg, David Paul Morris, Marco Longari, Angela Merkel, Tobias Schwarz, Emmanuel Macron, Charles Platiau, Saudi Arabia's Crown Prince Mohammed bin Salman, India's, Jair Bolsonaro, Vladimir Putin, Xi Jinping, Amit Shah, Money Sharma, Boris Johnson, Phil Noble, Anthony Albanese, Brent Lewin, Pedro Ugarte, Joe Biden, Doug Mills, Paul Mashatile, Jacoline, Imtiyaz Khan, Amr Alfiky, Arati Jerath, , it’s, Rahul Gandhi, Rajiv Gandhi, Indira, India’s, Jawaharlal Nehru, gunning, ” Modi, shouldn’t, Mohammad Irfan, , Arvind Kejriwal, Altaf Qadri, Kejriwal, Atishi, you’re, Jerath, Gandhi ‘, ’ Modi, Christophe Jaffrelot, CNN Modi, Rasheed Kidwai, Rahul, Diptendu Dutta, Mamata Banerjee, Muthuvel Karunanidhi Stalin, ” Kidwai, ” Jerath Organizations: CNN, Bharatiya Janata Party, BJP, Indian National Congress, Getty, Democracy, Modi’s BJP, Pew, New York Times, Rashtriya Swayamsevak Sangh, Modi, Hospital, Narendra, India Today, AP, India's, Madison, Garden, Reuters, Washington , D.C, French National Space Agency, of Yoga, Meta, Facebook, Bloomberg, European, Saudi Arabia's Crown, Rashtrapati Bhavan, Kyodo, British, Summit, Qudos Bank, White, Anadolu Agency, Anadolu, United, United Arab Emirates, Developmental Inclusive Alliance, Indian, Aadmi Party, Delhi, AAP, Aam Aadmi Party, All, Trinamool, West, All India, Congress, , “ Democracy Locations: India, Uttar Pradesh, Ramlila, Puducherry, Modi’s, Sydney, Australia, Gujarat, Ahmedabad, Ahmadabad, Varanasi, New Delhi, United States, Washington, Washington ,, Toulouse, France, Xian, AFP, Menlo Park , California, U.S, Pretoria, South Africa, China, Berlin, Paris, Rashtrapati, Russian, Brasilia, Glasgow, Red, Ayodhya, Abu Dhabi, United Arab, INDIA, Delhi, India’s, Lok Sabha, Atishi, , Manipur, Siliguri, West Bengal, Tamil
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe know the March PCE isn't going to be good enough for rate cuts, says Krishna GuhaKrishna Guha, Evercore ISI Vice Chairman, joins 'Closing Bell Overtime' to talk recent market action, what's next for the Fed, and more.
Persons: PCE isn't, Krishna Guha Krishna Guha, Evercore, what's Organizations: PCE, Fed
Emirates NBD strategist names the 4 regions it likes
  + stars: | 2024-04-19 | 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 EmailEmirates NBD strategist names the 4 regions it likesAnita Krishna Gupta, head of equity strategy at Emirates NBD, says it continues to favor the United States, Japan, India and the United Arab Emirates.
Persons: Anita Krishna Gupta Organizations: Emirates, Emirates NBD, United Locations: United States, Japan, India, United Arab Emirates
IMF's Srinivasan: Inherent dynamism in APAC region
  + stars: | 2024-04-19 | 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 EmailIMF's Srinivasan: Inherent dynamism in APAC regionKrishna Srinivasan, IMF's director of the Asia and Pacific department, speaks to CNBC's Karen Tso.
Persons: IMF's Srinivasan, Krishna Srinivasan, Karen Tso Locations: Asia, Pacific
U.S. tech CEOs give India PM Modi boost ahead of election
  + stars: | 2024-04-18 | by ( Seema Mody | ) www.cnbc.com   time to read: +2 min
The ironclad relationship that India Prime Minister Narendra Modi has developed with CEOs of the largest U.S. tech companies is giving his nation the foreign support that India has craved for more than a decade. The promise of further economic growth in India as China's economy slows has led many American CEOs to support Modi's policies. Ahead of the election, Apple's expansion into India in particular has given Modi political clout and created more investing interest among U.S. companies, experts told CNBC. Modi has established an ongoing dialogue with a range of powerful Silicon Valley CEOs as India's national election starts. The election, which will end in early June, is expected to see more than 960 million citizens vote.
Persons: Sundar Pichai, Tim Cook, Narendra Modi, Manjari Chatterjee Miller, Modi, India's, , Pravin Krishna, Chung Ju Yung Organizations: Apple, Washington , D.C, India, Indian, CNBC, Council, Foreign Relations, Johns Hopkins University, Bharatiya Janata Party Locations: Washington ,, India, Washington, Beijing, Pakistan, South Asia, Modi's
The Hindu festival Holi has become more popular and inclusive, especially in the Indian diaspora. The Hindu festival of colors, observed as Holi in India and Fagu Purnima in Nepal, holds immense cultural significance for South Asians. "There were not many or any events celebrating Holi at that time, despite a considerable number of Indians living in Jackson Heights," she said. He said that over the years he'd seen Indians, Pakistanis, Nepalese, Bhutanese, Sri Lankans, African Americans, and Irish people attending his Holi event. Love was in the air at the Holi celebration.
Persons: , Fagu, bhalle, gulab jamun, I'd, Sheetal, Zayira Ray, Uma Kapoor, Kapoor, Manny Singh, Jarrod Fox, Festivalgoers, Akash Sheth, Sheth, Singh, Elise Young, Elise's Bodyshop, Carmen Perez, Young, who's, Vijay Satnarine, It's, Satnarine, Love, Lord Vishnu, King Hiranyakashipu, Prahlad, Hiranyakashipu's, Holika, Radha Rani, Lord Krishna Organizations: Service, BI, Morgan, Morgan Stanley's IT, Google, Hindu American Foundation, gulal, Apple Locations: Brooklyn , New York, India, Fagu Purnima, Nepal, New York, Asian, Queens , New York, Jackson Heights, Jersey, New York City, Morgan Stanley's, City, Brooklyn, Sri Lankans, African, Connecticut, Massachusetts, London, Wales
Varanasi and New Delhi CNN —Indian Prime Minister Narendra Modi once famously made a simple election promise: “good days are coming”. India's Prime Minister Narendra Modi addresses his supporters during an election campaign rally in Pushkar on April 6, 2024. India's Prime Minister Narendra Modi speaking during a rally in Sydney, Australia, on May 23, 2023. Kalpit Bhachech/Getty Images Narendra Modi, then BJP secretary is welcomed at Ahmedabad Railway Station by the party's followers on January 31, 1992. Brent Lewin/Bloomberg/Getty Images India's Prime Minister Narendra Modi addresses Congress at the US Capitol in Washington, DC, on June 22, 2023.
Persons: Narendra Modi, Modi, Himanshu Sharma, Getty Images Modi, , , Saba Naqvi, , Vajpayee, Naqvi, Dileep Patel, John Mees, Akash Jaiswal, “ We’ve, ” Jaiswal, isn’t, Matthew Abbott, Hiraben, Damodardas, Dipam Bhachech, Lal Krishna Advani, Subhas Chandra Bose, Kalpit Bhachech, Kalpit, Negi Yasbant, Amit Dave, Ajit Solanki, Kevin Frayer, Saurabh Das, AP Modi, Manish Swarup, Lucas Jackson, Barack Obama, Adrien Helou, Reuters Modi, Adnan Abidi, Stringer, Mark Zuckerberg, David Paul Morris, Marco Longari, Angela Merkel, Tobias Schwarz, Emmanuel Macron, Charles Platiau, Saudi Arabia's Crown Prince Mohammed bin Salman, India's, Jair Bolsonaro, Vladimir Putin, Xi Jinping, Amit Shah, Money Sharma, Boris Johnson, Phil Noble, Anthony Albanese, Brent Lewin, Pedro Ugarte, Joe Biden, Doug Mills, Paul Mashatile, Jacoline, Imtiyaz Khan, Amr Alfiky, Patel, India’s, Jawaharlal Nehru, Indira Gandhi, Rajiv, Rahul Gandhi, Nilanjan Mukhopadhyay, “ Narendra Modi, ” Mukhopadhyay, Mukhopadhyay, ” Modi, Keshav Baliram, “ Modi, BJP Modi, Lord Ram, ” Naqvi, Critics, Christophe Jaffrelot, Karan Thapar, ” Jaffrelot, Modi’s, it’s, , Raj, India Narendra Modi, Kenny Hoston, Ram, ” Raniva, That’s Organizations: New Delhi CNN, Indian, Bharatiya Janata Party, BJP, India's, Getty Images, Pew, CNN, World Health Organization, New York Times, Rashtriya Swayamsevak Sangh, Getty, Modi, Hospital, Narendra, India Today, Indian National Congress, AP, Madison, Garden, Reuters, Washington , D.C, French National Space Agency, of Yoga, Meta, Facebook, Bloomberg, European, Saudi Arabia's Crown, Rashtrapati Bhavan, Kyodo, British, Summit, Qudos Bank, White, Anadolu Agency, Anadolu, United, United Arab Emirates, Cambridge, today’s Congress Party, Harvard, The Times, Muslim, Australia Locations: Varanasi, New Delhi, Gujarat, Pushkar, India, “ India, United States, Brazil, , Sydney, Australia, Ahmedabad, Ahmadabad, Washington, Washington ,, Toulouse, France, Xian, AFP, Menlo Park , California, U.S, Pretoria, South Africa, China, Berlin, Paris, Rashtrapati, Russian, Brasilia, Glasgow, Red, Ayodhya, Uttar Pradesh, Abu Dhabi, United Arab, Oxford, Vadnagar, Babri, Kadi, Kashmir, United Kingdom, Russia, Ukraine, Israel, Ghaziabad, Meerut, Jama
S&P 500 futures added 0.2% and Nasdaq-100 futures advanced 0.3%. The losses caused the Dow to shed 2.4% last week for its worst week since March 2023 and its second down week in a row. The S&P 500 slid 1.5% for its worst week since October 2023. Iran launched drones and missiles on Israel on Saturday night, marking the first direct attack on Israel from Iranian territory. Guha added that the a key question remaining is how Israel Prime Minister Benjamin Netanyahu will respond to the attack.
Persons: Dow, Krishna Guha, Evercore, Guha, Benjamin Netanyahu, Biden, Netanyahu, Goldman Sachs, JPMorgan Chase, Jamie Dimon Organizations: New York Stock Exchange, Iran's, Dow, Dow Jones, Nasdaq, Global Policy, Central Bank Strategy, Israel, T, Treasury, JPMorgan Locations: Israel, Iran
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEvercore ISI's Krishna Guha: Not clear if the Fed has a good plan BKrishna Guha, Evercore ISI vice chairman, joins 'Money Movers' to discuss how problematic the recent CPI report is for the Federal Reserve, what the plan B is for the Federal Reserve, and more.
Persons: Krishna Guha, Evercore Organizations: Federal Reserve
IBM aims to be "client zero" of the AI products it sells to clients, marketing chief Jonathan Adashek said. He said AI has augmented the work IBM staffers do and even made its ads more effective. In April 2020, our CEO Arvind Krishna said IBM is going to be the leading hybrid cloud and AI company. That means acquisitions, that means divestitures, that means prioritizing some areas of work over others. Dropping 'hybrid work' from the return-to-office vernacularI think a lot of what drives productivity in the wrong direction is when you get people not focused on the must-haves and spending more time on the nice-to-dos.
Persons: Jonathan Adashek, , Arvind Krishna, we've, Intentionality Organizations: IBM, Service, Adobe, Masters, Java
As a child growing up in the Hare Krishna community in the United States, I was forbidden to be outside during a solar eclipse. In this chase, Rahu’s head obscures or swallows the sun. We crowded into the inner sanctum of the temple to recite prayers, hoping to counteract the forces of darkness that were consuming our universe. As totality enveloped us, a profound sense of unity between our community and Lord Krishna crescendoed. As Rahu receded, the sun gradually dispelled the darkness, bringing collective relief as the forces of goodness triumphed over chaos once more.
Persons: Hare Krishna, Rahu’s, Krishna crescendoed, Rahu Locations: United States
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJune and three rate cuts is still the right base case, says Evercore ISI's Krishna GuhaKrishna Guha, Evercore ISI vice chairman, joins 'Squawk Box' to discuss the latest market trends, the Fed's interest rate outlook, state of the economy, and more.
Persons: Evercore ISI's Krishna Guha Krishna Guha, Evercore
Dal Is the Ultimate Comfort Food
  + stars: | 2024-03-28 | by ( Priya Krishna | ) www.nytimes.com   time to read: 1 min
One of my favorite Hindi terms is “ghar ka khaana.” It literally means “home food,” but it also encompasses the singular joy and unfussiness of meals made in your own kitchen — the dishes that remind you of childhood, the ones you won’t often find in restaurants. My quintessential ghar ka khaana? To make dal feels like an alchemical feat, watching the pebbly lentils turn creamy, starchy and golden with turmeric. I love the sizzle of the hot, spiced ghee when it is poured into the lentils, the way that dal envelops a bowl of rice like a hug. The first time I published my mother’s recipes for dal in my cookbook, “Indian-ish,” it felt as if I was letting people in on a secret — a solution to their weeknight dinner woes, courtesy of my ancestors.
Persons: Dal
India holds a general election between April and June that Modi's Bharatiya Janata Party (BJP) is widely expected to win. The BJP's Tripathi responded that Muslim BJP leaders had no reason to fear because their community equally benefits from various government welfare programmes. Friday's order applies to all madrasas in the state, whether funded privately or by the government, Javed said. The court did not give a timeline for its order, but Javed said madrasas are unlikely to be closed right away. The northeastern state of Assam, also ruled by the BJP, has been converting hundreds of madrasas into conventional schools.
Persons: Saurabh Sharma, Krishna, Narendra Modi's, Iftikhar Ahmed Javed, Subhash Vidyarthi, Vivek Chaudhary, Anshuman Singh Rathore, Rathore, Modi, Ram, Babur, Rakesh Tripathi, madrasas, Sudhanshu Chauhan, Javed, Tripathi, Krishna N, William Mallard Organizations: Das NEW, Bharatiya Janata Party, BJP, Pradesh BJP, madrasas, Das Locations: Das NEW DELHI, India, Uttar Pradesh, Allahabad, Pradesh, Assam, New Delhi
Morgan Stanley analysts say, "Within internet coverage group, the survey results were most bullish for OW (overweight) META . Evercore ISI raises its Netflix price target to $640 per share from $600, reiterating its buy-equivalent rating. The analysts say the turnaround at IBM continues, citing "a defensive portfolio, attractive dividend yield, and underappreciated AI capabilities." Goldman Sachs research analysts upgrade shares of Citigroup to buy from neutral with a $68-per-share price target. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Persons: Steven Mnuchin, ByteDance, Mnuchin, Morgan Stanley, Bernstein, Mizuho, Arvind Krishna, Goldman Sachs, Wells, Dick's, Jim Cramer's, Jim Cramer, Jim Organizations: PPI, CPI, CNBC, U.S, Community Bancorp, Facebook, Nvidia, Broadcom, Citi, Micron, Microsoft, Security, Disney, Amazon, Bank of America, IBM, Citigroup, Dick's, Goods, Jim Cramer's Charitable Locations: New, Japan
The court ruled 4-3 that the Superior-based Catholic Charities Bureau and its subentities' motivation to help older, disabled and low-income people stems from Catholic teachings but that its actual work is secular. Every Catholic diocese in Wisconsin has a Catholic Charities entity that serves as that diocese's social ministry arm. The Catholic Charities Bureau is the Superior diocese's entity. “The majority’s misinterpretation also excessively entangles the government in spiritual affairs, requiring courts to determine what religious practices are sufficiently religious under the majority’s unconstitutional test,” Rebecca Bradley wrote. “The majority says secular entities provide charitable services, so such activities aren’t religious at all, even when performed by Catholic Charities.”
Persons: Ann Walsh Bradley, of Jesus Christ, Eric Rassbach, Becket, Judge Lisa Stark, isn't, Stark, Rebecca Bradley, ” Rebecca Bradley, , Organizations: Catholic Charities Bureau, American Islamic Congress, of Jesus, International Society, Krishna, Sikh Coalition, Jewish Coalition for Religious Liberty, for Religious Liberty, Catholic Charities Locations: MADISON, Wis, Illinois , Iowa, Michigan, Minnesota, Wisconsin
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