DIRS.INFO The most relevant business & tech news

☆ Mick Schumacher to race for Alpine in world endurance
▼ + stars: | 2023-11-22 | by ( ) www.reuters.com time to read: +1 min

Formula One F1 - Qatar Grand Prix - Lusail International Circuit, Lusail, Qatar - October 7, 2023 Mercedes' reserve driver Mick Schumacher ahead of the sprint shootout REUTERS/Rula Rouhana/File photo Acquire Licensing RightsNov 22 (Reuters) - Mick Schumacher will race for Alpine in the world endurance championship next season while continuing as Formula One reserve driver for Mercedes. Alpine announced the 24-year-old German, son of seven-times F1 world champion Michael, on Wednesday as one of six drivers competing for them in two A424 Hypercars. Schumacher will join French drivers Nicolas Lapierre, Matthieu Vaxiviere, Charles Milesi and Paul-Loup Chatin as well as Austrian Ferdinand Habsburg. Mercedes confirmed separately that the German, who raced for Haas in Formula One in 2021 and 2022, would continue as their reserve. "A new chapter is beginning for me with Alpine," said Schumacher.

Persons: Mercedes, Mick Schumacher, Rula, Michael, Schumacher, Nicolas Lapierre, Matthieu Vaxiviere, Charles Milesi, Loup Chatin, Austrian Ferdinand Habsburg, I've, Le Mans, Williams, Alan Baldwin, Ed Osmond Organizations: Qatar, One, Mercedes, Alpine, Haas, Formula One, Le, Formula, Thomson Locations: Lusail, Qatar, Paul, Austrian, London

[1/5] An aerial view shows a flooded area in Estree as the Canche River overflows near Montreuil-sur-Mer after days of heavy rain causing flooding in northern France, November 10, 2023. REUTERS/Pascal Rossignol Acquire Licensing RightsSAINT-ETIENNE-AU-MONT, France, Nov 10 (Reuters) - Days of heavy rains in northern France have caused local rivers to overflow and flood houses and fields, prompting the evacuation of residents, with some having to be airlifted to safety. More than 100 towns are on red alert, and some 200 schools in the region have been shut. But I've had losses in chickens, financial losses in terms of seeds and equipment, and so today, it's really hard." "We've never seen something like that," said campsite owner Jean-Marc Joyez in the village of Enquin-sur-Baillons, where many houses are flooded and roads submerged.

Persons: Pascal Rossignol, Gaetan Guche, I've, Loup Mionnet, We've, Jean, Marc Joyez, Christophe Bechu, Charlotte Van Campenhout, Ingrid Melander, Alison Williams, Jan Harvey Organizations: REUTERS, Thomson Locations: Estree, Montreuil, Mer, France, ETIENNE, MONT, Jean, Enquin

Russian President Vladimir Putin shakes hands with Chinese President Xi Jinping during a meeting at the Belt and Road Forum in Beijing, China, October 18, 2023. "If the United States can effectively rally the world, it’s bad for them. SUPPORT FOR PALESTINEWhile the strategies of Russia and China in the Middle East are not fully aligned they have much in common. Russia said on Thursday it was coordinating Middle East policy with China. The United States has been trying, with limited success, to persuade the global south to rally behind Ukraine.

Persons: Vladimir Putin, Xi Jinping, Sergei Guneev, Israel, Wang Yi, Putin, Xi, Jon Alterman, Bashar al, Assad, Jean, Loup Samaan, Carice Witte, Alterman, Ma Xiaolin, Ma, James Pomfret, Guy Faulconbridge, Don Durfee, Robert Birsel Organizations: Forum, Sputnik, Rights, Initiative, Palestinian, Middle, Center for Strategic, International Studies, PALESTINE, Middle East Institute of, National University of Singapore, United, Ukraine, Israel, Zhejiang International Studies University, Thomson Locations: Beijing, China, Rights BEIJING, WASHINGTON, Gaza, Russia, Moscow, United States, Israel, States, East, Africa, Latin America, Asia, Palestine, Washington, U.S, Ukraine, Saudi Arabia, Iran, Tel Aviv, Hong Kong

☆ From Russia to the Middle East: Why China can’t afford another big conflict
▼ + stars: | 2023-10-19 | by ( Laura He | ) edition.cnn.com time to read: +8 min

Now, as Israel’s war against Palestinian militant group Hamas threatens to spiral into a broader conflict that could shatter stability in the Middle East, China has called for a ceasefire while criticizing Israel’s actions. It also highlights China’s deep economic interests in both Russia and the Middle East, which it wants to safeguard at all cost. The world’s second largest economy depends on Russia and the Middle East for much of its energy needs. The Middle East is also a cornerstone in the Belt and Road Initiative. “Regional conflagration means long instability and long instability means no business for China in the Middle East,” he added.

Persons: ”, Eswar Prasad, refiners, Vladimir Putin, Xi, Sergei Guneyev, Russia’s, Putin, Russia —, Wang Yi, Jean, Loup Samaan, Joe Biden, QatarEnergy, Ahmed Aboudouh, Antony Blinken, Blinken, “ Organizations: Hong Kong CNN —, Moscow, Palestinian, Cornell University, Getty, Initiative, Shanghai’s Fudan University, United, China’s, Middle East Institute of, National University of Singapore, Wednesday, Jihad, Energy, China Petroleum & Chemical Co, Sinopec, Fudan University, Chatham House, US Department of State Locations: China, Hong Kong, Hong Kong CNN — Beijing, Ukraine, East, Palestine, Israel, United States, Russia, Beijing, Moscow, Saudi Arabia, Russian, AFP, Pakistan, Iran, Hamas, Tehran, Gaza, Qatar, China’s, Qatari, London, “, Persian, ”

☆ 'Great tailwind': Asset manager is bullish on this under-the-radar AI stock
▼ + stars: | 2023-10-13 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

But according to Deepwater Asset Management, there's one under-the-radar AI stock that will be essential for the long-term infrastructure rollout of artificial intelligence. "An under-the-radar AI stock is Vertiv," Doug Clinton, managing partner at Deepwater, told CNBC's "Street Signs Asia" last week. The company's specialty is graphics processing units, or GPUs, which have become the preferred chips for the large AI models that underpin generative AI software. "We think [Vertiv has] a great tailwind for the next three to five years as this AI hardware buildout continues," Clinton added. Alphabet Alphabet , which Clinton described as Deepwater's largest AI holding, has a "great catalyst" for the latter half of this year: the launch of its latest AI model Gemini.

Persons: Doug Clinton, CNBC's, Clinton, Kif Leswing Organizations: Nvidia, Microsoft, Asset Management, Deepwater, Deepwater Frontier Tech, Ark, Global, Robotics, Intelligence, Deepwater Frontier, Adobe, Unity Software Locations: U.S, LOUP, Netherlands, Taiwan, South Korea

Wang Yi, China's top diplomat, said the country would continue to play a constructive role in handling global "hotspot issues". But after the killings of more than 900 Israelis in coordinated assaults by the Islamic group Hamas, China's response was muted. China is willing to maintain communication with all parties and make unremitting efforts for peace and stability in the Middle East," Wang Wenbin, a foreign ministry spokesperson, said on Tuesday. "The achievement of peace in the Middle East region and the just settlement of the question of Palestine are inseparable." "China is very successful in a stable environment in the Middle East when it's possible to broker reconciliation agreements between Saudi Arabia and Iran," said Jean-Loup Samaan, Senior Research Fellow at the Middle East Institute of the National University of Singapore.

Persons: Washington . Wang Yi, Xi Jinping, Bill Figueroa, Wang Wenbin, COVID lockdowns, Xi, Steve Tsang, Zhai Jun, Liu Zhongmin, Yun Sun, Tuvia Gering, Jean, Loup Samaan, Samaan, Michael Martina, Don Durfee, Gerry Doyle Organizations: Hamas, University of Groningen, Palestinian, Western, SOAS China Institute, Palestinian Authority, West Bank, Arab League, EU, Palestine, United Nations, Abraham Accords, Institute for Middle East Studies of Shanghai International Studies University, China Program, Stimson, Institute for National Security Studies, Initiative, Middle East Institute of, National University of Singapore, Thomson Locations: China, Middle East HONG KONG, BEIJING, SINGAPORE, Saudi Arabia, Iran, Israel, Gaza, Saudi, Washington, Palestine, Netherlands, United States, PALESTINE, China's, Beijing, Russia, Ukraine, London, U.S

☆ Biden’s Gulf allies want an ‘ironclad’ security pact with the US. Here’s what it might look like
▼ + stars: | 2023-10-02 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +8 min

“They (the Americans) don’t want to see Saudi Arabia shifting their armament from America to another place,” Saudi Crown Prince Mohammed bin Salman (MBS) told Fox News’ Bret Baier in an interview last month. Gulf states have over the past few years faced attacks they have blamed on Iran and its proxies, and have found the US’ response to them inadequate. Among the Gulf states, Bahrain, which hosts the US Navy’s Fifth Fleet, was the first to be declared a MNNA in 2002. It is however unclear if the US would commit to a treaty that would require it to come to the Gulf states’ defense in case of attack. The president can offer some concessions without Senate ratification, he said, but that won’t meet Gulf states’ requirements.

Persons: Biden, don’t, Prince Mohammed bin Salman, Bret Baier, Anwar Gargash, ”, ” Ali Shihabi, Saudi Arabia’s, Israel –, Joe Biden, Jean, Loup, David Des Roches, ” Des Roches, Washington’s, Gargash, Des Roches, Samaan, “ Organizations: UAE CNN, United, United States ’, United Arab Emirates, Fox News, US, Hoover Institution, Stanford University, Saudi, Washington, MBS, Gulf, NATO Allies, NATO, Fifth, US Central Command, Middle East Institute of, National University of Singapore, “, Autonomy, East South Asia Center for Security Studies, Pentagon, Senate, ”, CNN Locations: Abu Dhabi, UAE, United States, Washington, East, Saudi Arabia, America, Saudi, New York, Iran, U.S, Israel, Japan, South Korea, Tokyo, Seoul, Bahrain, Qatar, China, Russia, Gulf

MINNEAPOLIS (AP) — The Minnesota Twins clinched the AL Central title Friday night with an 8-6 victory over the Los Angeles Angels. Pablo López (11-8) pitched six innings for the Twins, allowing three runs and five hits with seven strikeouts. It’s their 15th trip to the postseason since the Washington Senators moved to Minnesota in 1961 and became the Twins. The Twins have lost 18 straight postseason games, mostly to their postseason nemesis, the New York Yankees. Minnesota hasn’t won a postseason game since 2004, taking the first game of the Division Series 2-0 in New York with Johan Santana on the mound.

Persons: Alex Kirilloff, Rocco Baldelli, Pablo López, Jhoan Duran, Kirilloff’s, Kirilloff, Minnesota hasn’t, Johan Santana, Kyle Farmer, Jorge Polanco, Davis Daniel, José Suarez, Daniel, Mike Trout, Ohtani, Logan O’Hoppe, Luis Arraez, He’s, López, Toronto’s Kevin Gausman, Trout, … LHP Aaron Loup, Royce Lewis, Lewis, Sonny Gray, Gray, York’s Gerrit Cole, LHP Kenny Rosenberg, ___ Organizations: Minnesota Twins, AL Central, Los Angeles Angels, Twins, Minnesota, Target, Washington Senators, The Twins, New York Yankees, Houston Astros, Yankees, Triple, Chicago White Sox, AL Locations: MINNEAPOLIS, Minnesota, New York, Los Angeles, Miami

☆ MLB roundup: Blake Snell, Padres flirt with no-hitter in win
▼ + stars: | 2023-09-20 | by ( ) www.reuters.com time to read: +12 min

Padres pitchers took a combined no-hitter into the ninth and wound up with a two-hit shutout for the team's sixth straight win. Robert Suarez followed Snell with a perfect eighth before Brendan Rodgers lined a single past Bogaerts at short off Josh Hader (1-3). Bogaerts then snuck a fly ball just inside the left field foul pole off Tyler Kinley (0-3) to win it. Dodgers right-hander Ryan Pepiot entered in the second inning and gave up one run on five hits over six innings. Toronto's Yusei Kikuchi (10-6) allowed one run and four hits in five-plus innings for his first win since Aug. 2.

Persons: Blake Snell, Orlando Ramirez, Xander Bogaerts, Snell, National League Cy Young, Robert Suarez, Brendan Rodgers, Josh Hader, Nolan Jones, Elias Diaz, Bogaerts, Tyler Kinley, Spencer Strider, Ronald Acuna Jr, Bryce Harper's, Acuna, Ronald Acuna Bat, Acuna's, Cristopher Sanchez, Austin Hays, Hays, Hunter Brown, Brown, Kyle Gibson, Gibson, Dansby Swanson, Alexander Canario, Seiya Suzuki, Cody Bellinger, Javier Assad, Ke'Bryan Hayes, Bailey, Adolis Garcia, Jonah Heim, Aroldis Chapman, Josh Jung, John Schreiber, Corey Seager, Heim, Chris Murphy, Luis Castillo, Kelenic, J.P . Crawford, Teoscar Hernandez, Castillo, Zack Gelof, Paul Blackburn, Jake Burger, Tanner Scott, Brandon Nimmo, Trevor Gott, Gott, Nick Fortes, Joey Meneses, Aaron Bummer, Bryan Shaw, Meneses, Jackson Rutledge, Robert Garcia, Max Muncy's, Mookie Betts, Alex Lange, Will Smith, Martinez, Ryan Pepiot, Spencer Torkelson, Parker Meadows, Miguel Cabrera, Basabe, Aaron Loup, Brett Phillips, Rene Pinto, Randy Arozarena slugged, Yandy Diaz, Diaz, Taj Bradley, Logan O'Hoppe, Zach Neto, Nolan Schanuel, Bo Bichette, Cavan Biggio, Toronto's Yusei Kikuchi, cramp, Clarke Schmidt, MJ Melendez, Nick Loftin, Tyler Cropley, Alec Marsh, Steven Cruz, Logan Allen, Kenta Maeda, Spencer Steer's, Willi Castro, Ryan Jeffers, Fernando Cruz, Tyrone Taylor, Louis, Taylor, Colin Rea, Richie Palacios, Alec Burleson, Ketel Marte, Corbin Carroll, Marte, Carroll, Zac Gallen, Joc Pederson, Alex Cobb Organizations: San Diego Padres, Colorado Rockies, USA, Diego, Padres, National League, Braves, Phillies, Philadelphia, Atlanta, Orioles, Astros, Houston, Tampa Bay Rays, American League East, Baltimore, Cubs, Pirates, Chicago, Rangers, Red Sox, Boston, Houston Astros, American League West, The Rangers, Mariners, Seattle, Marlins, Mets, Miami, New York . New York, White Sox, Nationals, Dodgers, Tigers, Los, Los Angeles, Rays, Angels, Blue Jays, Yankees, Cavan, Toronto, Royals, Kansas City, Cleveland, Reds, Cincinnati, Twins, American League Central, Brewers, Cardinals, Milwaukee, National League Central, St, Diamondbacks, Giants, San, Phoenix, Arizona, Thomson Locations: San Diego , California, USA, Petco, San Diego, Atlanta, Baltimore, Texas, Seattle, Pittsburgh, Arlington , Texas, American League West . Texas, Marcus Semien, Oakland, New York . New, Washington, Chicago, Los Angeles, Detroit, Tampa, Los, St . Petersburg, Fla, New York, Seattle and Texas, Kansas, Cleveland . Kansas, Minnesota, Arizona, San Francisco

☆ Giants score 6 runs in 9th to rally past Angels
▼ + stars: | 2023-08-08 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

[1/69] Aug 7, 2023; Anaheim, California, USA; San Francisco Giants starting pitcher Logan Webb (62) throws against the Los Angeles Angels during the first inning at Angel Stadium. Mandatory Credit: Gary A. Vasquez-USA TODAY SportsAugust 8 - The San Francisco Giants scored six runs in the ninth inning to rally for an 8-3 victory over Los Angeles Monday night in Anaheim, Calif., sending the reeling Angels to their seventh loss in a row. The Angels led 3-2 going into the ninth, thanks in part to a home run-robbing catch by center fielder Mickey Moniak in the eighth inning. Luis Rengifo followed with a single off Giants reliever Tyler Rogers (6-4), scoring Grichuk for a 3-2 Los Angeles lead. The starting pitchers -- the Angels' Patrick Sandoval and the Giants' Logan Webb -- matched each other with three scoreless innings to start the game before the Giants broke through in the fourth.

Persons: Logan Webb, Gary A, Vasquez, Mickey Moniak, Moniak, Joc, Carlos Estevez, Wilmer Flores, Davis, Patrick Bailey, Mark Mathias, Thairo Estrada, Blake Sabol, Estevez, Aaron Loup, Flores, Bailey, Randal Grichuk, AJ Pollock, Grichuk, Luis Rengifo, Tyler Rogers, Patrick Sandoval, Webb, Shohei Ohtani, C.J . Cron Organizations: San Francisco Giants, Los Angeles Angels, Angel, Los Angeles, Angels, Giants, The Giants, Angeles, Thomson Locations: Anaheim , California, USA, Anaheim , Calif, Estrada

Artificial intelligence algorithms are increasingly being used in financial services — but they come with some serious risks around discrimination. And the problem of amplifying existing biases can be even more severe when it comes to banking and financial services. As for financial services, Manji said a lot of the backend data systems are fragmented in different languages and formats. "Individuals have little knowledge of how AI systems work and that their individual case may, in fact, be the tip of a systems-wide iceberg. Among the top worries industry insiders expressed are misinformation; racial and gender bias embedded in AI algorithms; and "hallucinations" generated by ChatGPT-like tools.

Persons: Nabil Manji, Manji, they've, we're, You've, Banks, Banking's, Rumman Chowdhury, Twitter's, Chowdhury, Angle Bush, Bush, Frost Li, Li, Niklas Guske, Guske, it's, Goldman Sachs, Kim Smouter, Smouter, ethicists Organizations: Photodisc, Getty, Deloitte, CNBC, Microsoft, Google, Black, Artificial Intelligence, Tokyo University, Apple, New York Department of Financial Services, European Network, United Nations Locations: AMSTERDAM, Worldpay, Amsterdam, Chicago, Loup, United

☆ MLB roundup: Reds sweep Rockies, win 11th straight
▼ + stars: | 2023-06-22 | by ( ) www.reuters.com time to read: +10 min

They were swept in the three-game series at Cincinnati. Alcantara (2-6), the reigning National League Cy Young Award winner, allowed 10 hits and five runs in seven innings. Cubs 8, Pirates 3Nico Hoerner homered and hit a two-run triple as visiting Chicago completed a three-game series sweep of Pittsburgh. The Diamondbacks secured a victory in the three-game series with their fourth win in six games. Kansas City starter Brady Singer (4-7) gave up five runs and seven hits in seven innings.

Persons: Will Benson, Jake Fraley, TJ Friedl, David Kohl, Luke Maile, Andrew Abbott, Ian Gibaut, Buck Farmer, Daniel Bard, Fraley's, Elly De La, Randy Arozarena, Isaac Paredes, Taj Bradley, Bradley, Baltimore's Ramon Urias, Gunnar Henderson, Ryan O'Hearn, Tyler Wells, Ezequiel Duran, Jonah Heim, Martin Perez, Perez, Josh Sborz, Will Smith, Michael Kopech, Touki Toussaint, Sandy Alcantara, George Springer, Matt Chapman, Kevin Gausman, Alcantara, National League Cy Young, Miami's Luis Arraez, Nico Hoerner, Ian Happ, Nick Madrigal, Kyle Hendricks, Josh Palacios, Rich Hill, Zac Gallen, Emmanuel Rivera, Alek Thomas, Julio Teheran, Zack Short, Eric Haase, Javier Baez, Matthew Boyd, Brady Singer, Freddy Fermin, Trevor Williams, Louis, Mason Thompson, Kyle Finnegan, Hunter Harvey, Williams, Miles Mikolas, CJ Abrams, Luis Garcia, Alex Bregman, Yainer Diaz, Chas McCormick, Corey Julks, Daniel Vogelbach, Pete Alonso, Jhonny Brito, Jake Bauers, Billy McKinney, Luis Castillo, Aaron Judge, Anthony Volpe, Brito, Castillo, Josh Naylor, Jose Ramirez, Steven Kwan, Gavin Williams, Ryan Noda, Esteury Ruiz, Paul Blackburn, Kyle Farmer, Max Kepler, Jovani Moran, Justin Turner, Freddie Freeman, Miguel Vargas, Aaron Loup, Brusdar Graterol, Victor Gonzalez, Yency Almonte, Evan Phillips, Joc Pederson, Mike Yastrzemski, Davis, Ryan Walker, Sean Hjelle, Yu Darvish, Walker Organizations: Cincinnati Reds, Reds, Colorado Rockies, floundering Colorado Rockies, Rockies, Cincinnati, The Reds, Rays, Orioles, Tampa, Baltimore, Rangers, White Sox, Chicago, Blue Jays, Marlins, Toronto, Miami, National League, Cubs, Pirates, Pittsburgh, Diamondbacks, Brewers, Arizona, Milwaukee, The Diamondbacks, Tigers, Royals, Detroit, Kansas City, Nationals, Cardinals, Washington, St, Astros, Mets, Houston, Yankees, Mariners, New York, Seattle, Athletics, Oakland, Guardians, Cleveland, Red Sox, Boston, The Twins, Ort, Minnesota, Dodgers, Angels, Seven Dodgers, Giants, Padres, San Diego Padres, Thomson Locations: Cincinnati , Ohio, USA, Elly De La Cruz, St . Petersburg, Fla, Arozarena, Texas, Pittsburgh, Arizona, Washington, San Francisco, Kansas City, New, Cleveland, Minnesota, Minneapolis, Anaheim , Calif, Ohtani

☆ French government wants to attract Saudi investments, says analyst
▼ + stars: | 2023-06-16 | 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 EmailFrench government wants to attract Saudi investments, says analystJean-Loup Samaan, senior research fellow at the National University of Singapore's Middle East Institute, explains the factors strengthening ties between France and Saudi Arabia.

Persons: Jean, Loup Samaan Organizations: National University of Singapore's Middle East Institute Locations: Saudi, France, Saudi Arabia

☆ Bird flu alarm drives world towards once-shunned vaccines
▼ + stars: | 2023-02-17 | by ( Sybille De La Hamaide | ) www.reuters.com time to read: +8 min

"That's why every country in the world is worried about bird flu," French agriculture minister Marc Fesneau said. But the fear of trade restrictions remains centre stage for countries reluctant to vaccinate poultry against bird flu. Bird flu can also mutate rapidly and reduce the efficacy of vaccines while programmes are costly and time consuming, as shots often need to be administered individually. Ceva said it was using the mRNA technology used in some COVID shots for the first time in poultry vaccines. The global market for bird flu vaccines would be about 800 million to 1 billion doses per year, excluding China, said Sylvain Comte, corporate marketing director for poultry at Ceva.

☆ Meta's cold war with Apple over privacy is coming to a critical moment
▼ + stars: | 2023-02-16 | by ( Paayal Zaveri | ) www.businessinsider.com time to read: +6 min

Meta's ads unit will only recover if it continues to innovate so it doesn't need to track user data to sell ads. In 2021, Apple changed its iOS operating system to limit the abilities of apps to track user behavior. Apple CEO Tim Cook, for his part, has criticized Facebook's business model several times over the years, with Apple going so far as to declare privacy a "human right." It's clear from Meta's most recent earnings report, and its drive for efficiency and cost-cutting, that this cold war with Apple is taking its toll on the bottom line. "It's forced Meta to move so quickly to building the workarounds, not just to accommodate Apple's changes, but really where it sees the state of digital advertising data use going," Shmulik said.

☆ The walls are closing in on Google. Here's what it needs to do to survive.
▼ + stars: | 2023-02-09 | by ( Paayal Zaveri | ) www.businessinsider.com time to read: +7 min

Google needs to focus on building up its AI business while also keeping costs under control. Building up its AI business needs to be a top priorityThe events of the last few days show Microsoft and Google are clearly in an AI arms race — one that Google needs to win for its own sake. Google needs to double down on its own AI prowess right now, given the threat, Wall Street analysts said. However, they emphasize that Google needs to be thoughtful and show why its technology is better than OpenAI rather than being reactive. Maintaining efficiency while retaining an innovative cultureTo win in AI, however, Google needs to maintain its culture of innovation.

☆ Apple CEO Tim Cook's slow, steady leadership style may turn out to be the exact antidote to the carnage sweeping the tech sector
▼ + stars: | 2023-01-20 | by ( Paayal Zaveri | ) www.businessinsider.com time to read: +4 min

Apple is now the only major tech giant that hasn't conducted mass layoffs recently. Apple is in a different position than its peers because it has been more strategic about its growth. Wall Street hopes that CEO Tim Cook's pragmatic approach puts Apple in a better spot. Apple is in a different, stronger position, though, industry analysts tell Insider — a position that they say validates CEO Tim Cook's pragmatic approach to growth. Lastly, another hallmark of Cook's strategy is that Apple doesn't have a history of pouring money into risky, whimsical side projects.

☆ Tesla's price cuts will cause earnings to plunge 25%, but the EV maker is repairing its brand for long-term gain, Loup's Gene Munster says
▼ + stars: | 2023-01-13 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

Tesla's price cuts will cause earnings to dive 25% this year, according to Loup's Gene Munster. "It's a win for consumers and Tesla's brand. Musk's cash-out and erratic behavior on the social media site are partly responsible for damaging Tesla's brand, Munster said. But he thinks the Tesla's image is now being repaired with price cuts, since the move will be favorable with Tesla's customers. Tesla is going to gain market share near term which has long term market share benefits as the EV market ramps," Munster tweeted.

☆ Watch CNBC's full interview with Loup's Gene Munster
▼ + stars: | 2023-01-10 | 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 Loup's Gene MunsterGene Munster, Loup founder and managing partner, joins 'Squawk Box' to discuss the outlook for Tesla and other tech stocks.

☆ Tesla shares are undervalued, says Loup's Munster
▼ + stars: | 2023-01-10 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTesla shares are undervalued, says Loup's MunsterGene Munster, Loup founder and managing partner, joins 'Squawk Box' to discuss the outlook for Tesla and other tech stocks.

☆ Apple is coming off a terrible year and Wall Street is torn on whether it's set for more pain or about to skyrocket.
▼ + stars: | 2023-01-05 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

While the meeting minutes don't tell us exactly what the Fed will do next month, generally they are worth paying attention to for hints into the thinking of central bankers. Shares fell further on Tuesday and Wednesday after a Nikkei report said demand for MacBooks, AirPods, and Apple Watches is weakening. But Loup Funds' Gene Munster said Apple stock should be worth double its current value, given that it's one of the world's greatest companies. What's your outlook for Apple stock this year? This hedge fund manager has returned 163% over the last year, and he's anticipating more pain to come for stocks.

In Nebraska, the 2022 borrowing limit for FHA mortgages is $420,680 in all but three counties. Conforming mortgages and FHA mortgages both have borrowing limits. Nebraska borrowing limits in 2023 for conforming and FHA mortgages by countyCounty Conforming mortgage limit (single-family home) FHA mortgage limit (single-family home) Adams County $726,200 $472,030 Antelope County $726,200 $472,030 Arthur County $726,200 $472,030 Banner County $726,200 $472,030 Blaine County $726,200 $472,030 Boone County $726,200 $472,030 Box Butte County $726,200 $472,030 Boyd County $726,200 $472,030 Brown County $726,200 $472,030 Buffalo County $726,200 $472,030 Burt County $726,200 $472,030 Butler County $726,200 $472,030 Cass County $726,200 $472,030 Cedar County $726,200 $472,030 Chase County $726,200 $472,030 Cherry County $726,200 $472,030 Cheyenne County $726,200 $472,030 Clay County $726,200 $472,030 Colfax County $726,200 $472,030 Cuming County $726,200 $472,030 Custer County $726,200 $472,030 Dakota County $726,200 $472,030 Dawes County $726,200 $472,030 Dawson County $726,200 $472,030 Deuel County $726,200 $472,030 Dixon County $726,200 $472,030 Dodge County $726,200 $472,030 Douglas County $726,200 $472,030 Dundy county $726,200 $472,030 Fillmore County $726,200 $472,030 Franklin County $726,200 $472,030 Frontier County $726,200 $472,030 Furnas County $726,200 $472,030 Gage County $726,200 $472,030 Garden County $726,200 $472,030 Garfield County $726,200 $472,030 Gosper County $726,200 $472,030 Grant County $726,200 $472,030 Greeley County $726,200 $472,030 Hall County $726,200 $472,030 Hamilton County $726,200 $472,030 Harlan County $726,200 $472,030 Hayes County $726,200 $472,030 Hitchcock County $726,200 $472,030 Holt County $726,200 $472,030 Hooker County $726,200 $472,030 Howard County $726,200 $472,030 Jefferson County $726,200 $472,030 Johnson County $726,200 $472,030 Kearney County $726,200 $472,030 Keith County $726,200 $472,030 Keye Paha County $726,200 $472,030 Kimball County $726,200 $472,030 Knox County $726,200 $472,030 Lancaster County $726,200 $472,030 Lincoln County $726,200 $472,030 Logan County $726,200 $472,030 Loup County $726,200 $472,030 McPherson County $726,200 $472,030 Madison County $726,200 $472,030 Merrick County $726,200 $472,030 Morrill County $726,200 $472,030 Nance County $726,200 $472,030 Nemaha County $726,200 $472,030 Nuckolls County $726,200 $472,030 Otoe County $726,200 $472,030 Pawnee County $726,200 $472,030 Perkins County $726,200 $472,030 Phelps County $726,200 $472,030 Pierce County $726,200 $472,030 Platte County $726,200 $472,030 Polk County $726,200 $472,030 Red Willow County $726,200 $472,030 Richardson County $726,200 $472,030 Rock County $726,200 $472,030 Saline County $726,200 $472,030 Sarpy County $726,200 $472,030 Saunders County $726,200 $472,030 Scotts Bluff County $726,200 $472,030 Seward County $726,200 $472,030 Sheridan County $726,200 $472,030 Sherman County $726,200 $472,030 Sioux County $726,200 $472,030 Stanton County $726,200 $472,030 Thayer County $726,200 $472,030 Thomas County $726,200 $472,030 Thurston County $726,200 $472,030 Valley County $726,200 $472,030 Washington County $726,200 $472,030 Wayne County $726,200 $472,030 Webster County $726,200 $472,030 Wheeler County $726,200 $472,030 York County $726,200 $472,030Note: You'll need to get a jumbo loan if you want to borrow more than $726,200, regardless of which county you hope to reside in. Depending on the lender and term length, you might be able to lock in a lower rate for a conforming mortgage. If you plan to buy a more expensive home in Nebraska, jumbo loans let you borrow more money than the conforming mortgage limit.

☆ Tesla isn't Apple, Elon Musk isn't Steve Jobs, and its cars aren't the next iPhone
▼ + stars: | 2023-01-05 | by ( Asia Martin | ) www.businessinsider.com time to read: +6 min

Analysts and industry observers have compared Tesla and CEO Elon Musk to Apple and Steve Jobs. Tesla isn't the next AppleBoth Apple and Tesla had a first-mover advantage, another reason so many analysts like to draw parallels between the two brands. When Tesla emerged with top-selling electric cars, the Tesla Model Y and Tesla Model 3, held a commanding market share in North America. A shrinking market share isn't disastrous for Tesla — part of the reason Tesla's market share will shrink is that every auto maker will be selling a lot more EVs. The world's largest automaker, Toyota, had a market share of just 10.5% in 2021 — nowhere near the 55% market share Apple holds in the US.

☆ Apple should be a $250 stock, says Loup's Gene Munster
▼ + stars: | 2023-01-04 | 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 EmailApple should be a $250 stock, says Loup's Gene MunsterGene Munster, Loup founder and managing partner, joins 'Squawk Box' to discuss Munster's long-term prognosis on Apple, how Apple should be valued and how much of Munster's ideal valuation is based on Apple's current product offering.

☆ Apple should be worth double at $250 as it is 'one of the world's greatest companies,' says Loup's Gene Munster
▼ + stars: | 2023-01-04 | by ( Brian Evans | ) www.businessinsider.com time to read: +2 min

Apple should be a $250 stock, according to Loup's Gene Munster, nearly double from its current price. He labeled the iPhone maker as "one of the world's greatest companies" in a Wednesday interview with CNBC. On Tuesday, Apple's market cap slipped below $2 trillion after a report said demand has weakened. "This is debateably one of the world's greatest companies," Munster told CNBC on Wednesday. But now Apple, according to a Monday report from Nikkei, is seeing weaker demand, specifically for its MacBooks, AirPods, and Apple Watch.

Search resuls for: "Loup"

25 mentions found