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☆ Buy the dip on tech stocks like Apple and Nvidia ahead of earnings, Morgan Stanley says
▼ + stars: | 2024-04-27 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

There's still plenty of big tech-related stocks to buy ahead of earnings, Morgan Stanley said recently. The firm said investors should buy the weakness in stocks like Nvidia and Apple before the companies deliver their quarterly results. CNBC Pro combed through Morgan Stanley research to find stocks the firm likes as earnings season continues. Nvidia The firm said it's standing by shares of the AI chipmaker ahead of earnings in late May. Fortinet Fortinet is scheduled to report earnings on May 2 and Morgan Stanley continues to pound the table for the stock.

Persons: Morgan Stanley, Joseph Moore, NVDA, Moore, Meta Marshall, Keysight, Marshall, Fortinet Fortinet, Hamza Fodderwala, he's, Fodderwala, Fortinet, Dell, Q, Q revs, we'd Organizations: Nvidia, Apple, CNBC, Dell, Keysight Technologies, Apple's, NVIDIA

☆ 12 portfolio companies report earnings in the week ahead. What we want to hear from each
▼ + stars: | 2024-04-27 | by ( Zev Fima | ) www.cnbc.com time to read: +15 min

The action quickly and sharply reversed back to the upside Friday after blowout earnings reports from Alphabet and Microsoft . In the week ahead, earnings are likely to drive the action again, though we'll get a few important macroeconomic reports. Earnings: We've got the biggest week of the earnings season ahead of us, with 12 Club holdings set to report. Eli Lilly 's report Tuesday morning continues to be all about sales of type-2 diabetes treatment Mounjaro and weight-loss drug Zepbound. In DuPont 's report Wednesday morning, we're looking for a continued rebound in its semiconductor business following a sequential increase last quarter.

Persons: Ford, we'll, Dow Jones, We've, Buckle, Eaton, Eli Lilly, Lilly, We're, Estee Lauder, Fabrizio Freda, we've, Linde, Bausch, Royal Philips, Woodward, SIRI, Archer, Johnson, Stanley Black, Decker, BAX, Cardinal Health, Parker, Belden, Jim Cramer's, Jim Cramer, Jim Organizations: Nasdaq, Microsoft, Meta, Google Search, Big Tech, Nvidia, Broadcom, Ford Motor, Honeywell, Danaher, Labor Department, Labor, PMI, Services PMI, GE Healthcare, Amazon Web Services, Starbucks, Deutsche Bank, DuPont, Bausch Health, U.S ., Appeals, Apple, iPhones, Vision, ON Semiconductor, Resource Partners, Franklin Resources, Paramount, Transocean Ltd, Semiconductors, Arch Capital, Logitech International, Lattice Semiconductor, F5 Networks, Sanmina Corporation, GE HealthCare, PayPal, 3M Company, McDonalds, Enterprise Products Partners, Cola Company, Melco Resorts, Entertainment, SiriusXM Holdings, Oatly, American Electric Power Company, Leidos Holdings, Marathon Petroleum, Daniels, Midland Co, Equitrans Midstream Corporation, HSBC Holdings, HSBC, Devices, Caesars Entertainment, Lumen Technologies, Mondelez, Pfizer, CVS Health, Barrick, Mastercard Inc, Cruise Line Holdings Ltd, Kraft Heinz Company, Marriott International, Ares, Generac Holdings, Johnson Controls, Cenovus Energy Inc, Qualcomm, Devon Energy, Paycom, Axcelis Technologies, Coeur D'Alene Mines, Sunnova Energy International, MGM Resorts International, MGM, Solar Inc, Oil, Allstate, Co, Tenable Holdings, Enovix Corporation, Gladstone Capital, Avis Budget Group, eBay, EBAY, LIN, Novo Nordisk, Natural Resources, PENN Entertainment, Apache, ConocoPhillips, InMode Ltd, Baxter International, Cardinal, Regeneron Pharmaceuticals, Apollo Global Management, LLC, Cinemark Inc, Dominion Energy, Coterra Energy, Coinbase, Bill.com Holdings, Booking Holdings, United States Steel, AXT Inc, Materials, Energy, Hershey Company, XPO Logistics, Cboe, American Pipeline, Amneal Pharmaceuticals, Brookfield Business Partners, Brookfield Renewable Corporation, Magna International, Jim Cramer's Charitable, CNBC, Traders, New York Stock Exchange, Bloomberg, Getty Locations: U.S, megaprojects, China, Eaton, Corning, Coeur D'Alene, Albemarle, ALB, Novo, New York

☆ Legal woes pile up for Trump allies: Giuliani, Meadows, and more indicted in Arizona election interference case
▼ + stars: | 2024-04-25 | by ( Kelsey Vlamis | Erin Snodgrass | ) www.businessinsider.com time to read: +4 min

Rudy Giuliani and Mark Meadows are among those indicted in an Arizona election interference case. Multiple Trump allies and Arizona GOPers were charged with felony counts, including conspiracy. The indictment also appeared to list former President Donald Trump as "Unindicted Coconspirator 1." AdvertisementProsecutors charged Rudy Giuliani, Mark Meadows, and a slate of Arizona Republicans with multiple felonies in a 58-page indictment made public on Wednesday. A representative for Trump and the Trump Organization did not immediately respond to a request for comment from BI.

Persons: Rudy Giuliani, Mark Meadows, Donald Trump, —, Jenna Ellis, John Eastman, Christina Bobb, Trump, Mike Roman, Boris Epshteyn, Ted Goodman, Giuliani, Bobb, Charles Burnham, Eastman, George Terwilliger, Meadows, hadn't, Joe Biden Organizations: Trump, Service, Prosecutors, Arizona Republicans, The Washington, GOP, Eastman, Business, Post, United, Trump Organization Locations: Arizona, Maricopa County , Arizona, Ellis, United States, Georgia , Michigan , Wisconsin, Nevada, Georgia, Mar, New York

☆ The man who audited Trump's social media company misspelled his own name in 14 different ways: FT
▼ + stars: | 2024-04-25 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +4 min

Read previewThe accountant hired to audit former President Donald Trump's social media company seemed to have a lot of trouble spelling his name, the Financial Times reported on Wednesday. But others, like Blake F Borgers and Ben F Vonesh, were entirely different names. Representatives for BF Borgers and Trump Media & Technology Group did not immediately respond to a request for comment from BI sent outside regular business hours. In November, Borgers' firm was also removed from the American Institute of Certified Public Accountants' peer review program. Trump Media shares had initially soared when it went public, only to crash by nearly 40% in a matter of weeks.

Persons: —, Donald Trump's, Ben F Borgers, Ben F Brogers, Ben F orgers, Blake F Borgers, Ben F Vonesh, Borgers, Brown, WithumSmith, Trump, Forbes, Jean Carroll, he's, Stormy Daniels Organizations: Service, Financial Times, Public Company, Business, BF Borgers, Trump Media & Technology Group, BI, Bloomberg, American Institute of Certified Public Accountants, Trump, Trump Media, New Locations: New York, Manhattan, Mar

☆ Supreme Court justices dance around question of whether Trump could pardon himself if he wins reelection
▼ + stars: | 2024-04-25 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +5 min

Self-pardoning wasn't on the table at Thursday's Supreme Court hearing. The Supreme Court has never ruled on whether such a move would be permissible. The purpose of the hearing was for the Supreme Court to hear arguments over whether Trump should be immune from criminal prosecution for his conduct as president. He told Michael Dreeben, the lawyer representing Smith's team, that the question might be crucial as the Supreme Court deliberates the scope of presidential immunity. In order to obtain a pardon, he would have to be convicted and serve at least five years of a sentence.

Persons: Alito, —, Donald Trump, could've, Trump, — Samuel Alito, Neil Gorsuch —, Jack Smith's, Smith, Gorsuch, he'll, We've, it's, Michael Dreeben, haven't, Gerald Ford, Richard Nixon, Dreeben, Joe Biden, Stormy Daniels Organizations: Thursday's, Trump, Service, NBC, Mar, DC Circuit, Justice Department's, Justice Department Locations: New York, Manhattan, Georgia

☆ Trump meets with foreign leaders looking to boost their relationships with GOP leader ahead of election
▼ + stars: | 2024-04-24 | by ( Alayna Treene | Steve Contorno | ) edition.cnn.com time to read: +10 min

In recent weeks, Trump, seizing the role of both an erstwhile diplomat and ascending opposition party leader, has extended welcomes to a series of foreign leaders at his homes in Florida and New York. It’s not unusual for foreign leaders to meet with the leader of the party that doesn’t control the White House – especially one with a serious chance of becoming commander in chief. Biden and his top envoys have also met and spoken with opposition leaders, something that has been a longstanding practice for US officials. Last week, Trump met with Poland’s Duda at Trump Tower, where the two discussed NATO spending over dinner. Trump, both while president and during his 2024 campaign, has called on NATO countries to spend more on defense.

Persons: Donald Trump, hasn’t, Trump, Andrzej Duda, David Cameron, Saudi Crown Prince Mohammed bin Salman, Taro Aso, It’s, Sen, Barack Obama, Mitt Romney, Biden, Sviatlana Tsikhanouskaya, Antony Blinken, Keir Starmer, Joe Biden, “ They’re, he’s, “, Vladimir Putin, Xi Jinping, ” Biden, ”, Kim Jong Un, ” Trump, Brian Hughes, Viktor Orban, Putin, Javier Milei, Orban, Viktor Orbán, Orbán, Aso, Fumio Kishida, Kishida, Lindsey Graham, Salman, King Hamad bin Isa Al Khalifa, Poland’s Duda, Duda, meanwhile, Cameron, Karen Pierce, Cameron’s, Pierce didn’t, Queen Elizabeth II Organizations: CNN, Air Force, British, Saudi Crown, Middle East, Republican, UK Labour Party, US State Department, Biden, Trump, NATO, Conservative Political, Japanese, White, Liberal Democratic Party, Saudi, New York Times, South Carolina Republican, Hamas, The New York Times, Trump Tower, Republicans, Democrats, UK Locations: House, huddling, Florida, New York, Lago, Manhattan, Japan, China, North Korea, Berlin, United Kingdom, Israel, Poland, Belarus, Munich, Europe, America, Ukraine, Korean, United States, Palm, Saudi Arabia, Bahrain, American, Russia, British, Washington

☆ Elon Musk Clashes With Australian Court Over Violent Videos on X
▼ + stars: | 2024-04-24 | by ( Kate Conger | ) www.nytimes.com time to read: +1 min

An Australian court on Wednesday extended an injunction ordering the social media platform X to remove videos depicting the recent stabbing of a bishop, setting the country’s judicial system up for a clash with the company’s owner, Elon Musk, who has decried the court’s order as censorship. Videos of the stabbing of Bishop Mar Mari Emmanuel during a church service on April 15 quickly started circulating on X, racking up hundreds of thousands of views. Australia’s eSafety Commissioner, a regulator overseeing online safety, ordered X and other social media platforms to remove posts showing the video the next day. Other platforms complied, and X blocked the content for Australian viewers. That order was extended on Wednesday until a May 10 hearing, and X faces potential daily fines of roughly $509,000 for noncompliance.

Persons: Elon Musk, Bishop Mar Mari Emmanuel, Australia’s, Musk, ’, ” Locations: Australia, USA

☆ Elon Musk vs Australia: Fight heats up over Sydney church stabbing video on X
▼ + stars: | 2024-04-24 | by ( Hilary Whiteman | ) edition.cnn.com time to read: +8 min

The country’s e-safety commissioner ordered social media giants to take it down. Australia wants X to remove the video completely, not just hide it from Australian users who could circumvent a local ban by using virtual private networks. With her message to Musk, Australian Senator Jacqui Lambie posted an image of herself in army fatigues taken at a Veteran Mentors' Junior Leadership camp in January. President David Adler told CNN he hadn’t been asked to take it down, either by X or Australia’s e-safety commissioner. In a statement Wednesday, Australia’s eSafety commissioner said the takedown request wasn’t designed to stifle discussion about the church attack.

Persons: Elon Musk, that’s, X, ’, Anthony Albanese, Jacqui Lambie, “, hadn’t, ”, fatigues, AJA, David Adler, Adler, AJA hasn’t, Krissy Barrett, Reece Kershaw, Marcus Hoyne, Bishop, Bishop Mar Mari Emmanuel, Joanne Gray, Grzegorz Wajda, Gray, Musk, Musk’s, Australia’s, Lambie’s Organizations: Australia CNN, Christian Church, Australian, Leadership, Australian Jewish Association, CNN, ” CNN, Joint Counter, Counter, New South Wales Police Seven, Australian Federal Police, AFP, Australia’s Security Intelligence Organisation, National Press Club, Musk, Court, Bishop Mar, Good Shepherd, University of Sydney, European Jewish Association, X Corp Locations: Brisbane, Australia, Sydney, Tasmania, United States, New, Australia’s, Krakow, Poland

☆ The Supreme Court is about to decide if a president can get away with committing crimes while in office
▼ + stars: | 2024-04-24 | by ( Jacob Shamsian | Brent D. Griffiths | ) www.businessinsider.com time to read: +12 min

Donald Trump is asking the Supreme Court to recognize that he had total legal immunity as president. Trump is asking the Supreme Court to grant him a sweeping immunity mandate as he runs to recapture the presidency. "This may indeed be the most important US Supreme Court case in the history of our country," he told journalists at a panel organized by the Defend Democracy Project. The Supreme Court will likely issue a decision in late April. "The Supreme Court need not stray into other questions just because Trump has made it easy for them.

Persons: Donald Trump, Jack Smith's, —, Trump, Jack Smith, Richard Nixon, David Frost, Smith, He's, Stormy Daniels, Todd Blanche, David Pecker, Tanya Chutkan, Barack Obama, Dana Verkouteren, doesn't, MANDEL NGAN, Nixon, Gerald Ford's, Ford, Leon Jaworski, indicting Nixon, Robert Ray, Bill Clinton, Monica Lewinsky, Donald Ayer, Ronald Reagan, George H.W, Bush, it's, Justice Department's, Chutkan, BRENDAN SMIALOWSKI, framers, Mark Meadows, Norm Eisen, Obama's Organizations: Service, Justice Department, Capitol, Department, Air Force, Nixon, Trump, Prosecutors, AP, Getty, Independent, Department of Justice, Defend, Justice, White House Locations: Washington , DC, Georgia, Florida, New York, Manhattan, United States, AFP, Fulton County

☆ Elon Musk is waging war on multiple fronts — and now Australia is in the firing line
▼ + stars: | 2024-04-23 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +5 min

Musk has been in public spats with Brazil's Supreme Court and the Australian government this year. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Musk said on Friday: "The Australian censorship commissar is demanding global content bans." Musk said on X the content had been "censored" for Australia, "pending legal appeal, and it is stored only on servers in the USA." Representatives for Musk did not immediately respond to a request for comment from Business Insider, made outside normal working hours.

Persons: Elon, Musk, —, That's, he's, Mar Mari Emmanuel, Australia's, Tanya Plibersek, Alexandre de Moraes, de Moraes, Brazil's, De Moraes, Volodymyr Zelenskyy, Zelenskyy's, Donald Trump Jr Organizations: Twitter, Brazil's, Service, Reuters, Australia's eSafety, BBC News, SpaceX, Getty, Business Locations: Sydney, Australian, Australia's, Australia, USA, Brazil, Russia, Ukraine, Crimea, Ireland, Dublin

☆ Hush-money judge repeatedly bench-slaps Donald Trump's lawyer over gag violations: 'You're losing all credibility!'
▼ + stars: | 2024-04-23 | by ( Laura Italiano | ) www.businessinsider.com time to read: +10 min

"You're losing all credibility," the judge railed when Blanche insisted Trump was "careful" online. "You're losing all credibility," New York Supreme Court Justice Juan Merchan angrily told the lawyer, Todd Blanche. It was at this point that the judge accused Blanche of "losing all credibility." Blanche's arguments at Tuesday's hearing, in defense of Trump's posts, fell roughly into three categories. Blanche's third argument was that reposting attacks on trial witnesses that were originally made by others was somehow exempt.

Persons: Todd Blanche, Blanche, Trump, —, Donald Trump, Juan Merchan, Merchan, Christopher Conroy, Timothy A, Clary, Trump's, Michael Cohen, Stormy Daniels, I've, Atilgan, Daniels, Cohen, Conroy, Jesse Watters, David Pecker, Pecker, Hillary Clinton, Ted Cruz, Alvin Bragg's, reimbursing Cohen, Karen McDougal, McDougal Organizations: Service, GOP, Prosecutors, Reuters, Trump, Anadolu Agency, Getty, Fox, Merchan, National Enquirer, Mar, Manhattan, Trump Organization Locations: Manhattan, Florida, Washington, DC

☆ Here are Tuesday's biggest analyst calls: Nvidia, Tesla, Apple, Roblox, Tesla, Qualcomm, Disney & more
▼ + stars: | 2024-04-23 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Tuesday's biggest calls on Wall Street: Loop initiates MongoDB as buy Loop sees growth accelerating for the developer data platform company. JPM reiterates General Motors and Ford as overweight JPMorgan said the stocks will benefit from "lower commodities & higher production outside China." JPMorgan upgrades Assai to overweight from neutral JPMorgan said it sees improving trends and better visibility for the Brazilian wholesaler. JPMorgan upgrades Roblox to overweight from neutral JPMorgan said it sees a "compelling entry point" for the stock. JPMorgan downgrades Five Below to neutral from overweight JPMorgan downgraded Five Below due to "ongoing macro pressure."

Persons: JPM, JPMorgan, KeyBanc, Wells, D.A, Davidson, Davidson's, Berenberg, Morgan Stanley, Harley, Evercore, it's bullish, it's, Tesla, Rosenblatt, Oppenheimer, Dwight, Key, Truist, Wolfe, Warner, Price Organizations: Motors, Ford, GM, Nvidia, MU, BMO, prem, NICE, JPMorgan, Barclays, Apple, Albertsons, Catalyst Watch, NOVA, Penn Entertainment, PENN, ESPN Bet, Benchmark, Qualcomm, Warner Brothers, Warner, HBO Locations: China, Texas, U.S

☆ How a gag order showdown explains everything about Trump
▼ + stars: | 2024-04-23 | by ( Stephen Collinson | ) edition.cnn.com time to read: +9 min

“He knows what he’s not allowed to do, and he does it anyway.”Conroy was referring to Trump’s incessant testing of a gag order protecting witnesses, court staff and the jury. “Michael Cohen is a convicted liar and he’s got no credibility whatsoever,” Trump said in an interview with WPVI Philadelphia. Trump could face a ladder of escalating sanctionsProsecutors now want Merchan to fine Trump $1,000 for each of 10 alleged violations of the gag order and to warn that imprisonment could be an option if he continues to flout restrictions. Trump claims the gag order stifles his right to free speech and to campaign as a presumptive party nominee. And while a dispute over one partial gag order might seem like a small wrinkle in an individual case, it conveys a wider truth about Trump’s impact on American life.

Persons: Chris Conroy, Donald Trump, “, he’s, ” Conroy, Michael Cohen, Stormy Daniels, Juan Merchan, Trump, “ Michael Cohen, ” Trump, CNN’s John Miller, “ Judge Merchan, ”, Jeffrey Swartz, Jim Sciutto, CNN Max, lacerating, Merchan, Elizabeth Williams, Todd Blanche, doesn’t, CNN’s Erin Burnett, —, Jack Smith’s, there’s, •, Joe Biden’s, Volodymyr Zelensky, Biden, mishandle, He’s, president’s, Trump’s, George Conway, ” Conway, CNN’s Burnett Organizations: CNN, GOP, The New, Trump, Philadelphia, Prosecutors, New York City Department of Corrections, Cooley Law, US, Trump Organization, Conservative Political, Conference, Biden Locations: The New York, Washington ,, Georgia

☆ How much Bill Gates pays in property taxes on his pricey real estate portfolio
▼ + stars: | 2024-04-22 | by ( Madeline Berg | ) www.businessinsider.com time to read: +4 min

Bill Gates has amassed an extensive — and high value — real estate portfolio. Last year, the homes owned by Gates and his former wife, Melinda French Gates, racked up a $2.7 million property tax bill last year. That's more than 700 times as much as the average American pays in property taxes each year. Gates' highest property tax bill is in Washington state, where he has a 10.5-acre property in the tony Seattle suburb of Medina along Lake Washington. While high by most standards, Gates' property tax bill represents less than 0.01% of his $148 billion net worth — and a fraction of his total tax bill.

Persons: Bill Gates, Gates, —, Melinda French Gates, French Gates, ProPublica Organizations: Service, Yellowstone Club Locations: French, Seattle, Washington, tony Seattle, Medina, Lake Washington, California, Del Mar, Florida, Wellington, Montana

☆ Can Biden make Trump seem like Mitt Romney?
▼ + stars: | 2024-04-22 | by ( Jess Bidgood | ) www.nytimes.com time to read: +1 min

President Biden made a populist case for re-election during his swing through Pennsylvania over three days last week, laying out plans on tariffs and taxes and seeking to burnish his working-class bona fides as a son of Scranton. But he also used the trip to sharpen the story he tells about former President Donald Trump, depicting him as a creature of rarefied playgrounds like Mar-a-Lago and a pawn of the billionaires who frequent them. “He learned the very best way to get rich is to inherit it,” Biden said in Scranton. “He learned that telling people, ‘You’re fired,’ was something to laugh about.”Twelve years ago, Democrats including then-Vice President Biden relentlessly pilloried a different wealthy Republican as an elitist: Mitt Romney, who was once a Massachusetts governor and chief executive of Bain Capital who won the Republican presidential nomination during a burst of national anger over Wall Street excess. — and slammed him for his free-market views on the auto industry bailout and the foreclosure crisis.

Persons: Biden, Donald Trump, “, ” Biden, ‘ You’re, ’, Mitt Romney Organizations: Republican, Bain Capital Locations: Pennsylvania, Scranton, “, Massachusetts

☆ Trump co-defendant in classified documents case was told he’d be pardoned in a second term, notes in FBI interview say
▼ + stars: | 2024-04-22 | by ( Tierney Sneed | Holmes Lybrand | ) edition.cnn.com time to read: +2 min

It’s not clear how the witness came to know of the alleged offer of a pardon. The FBI’s interview summary said Person 16 had not spoken to Nauta since Trump was in the White House. During a November 2021 visit, the witness told Trump to give “whatever” he had back to the National Archives, according to the interview summary, which is known as a FD-302. Don’t give them a noble reason to indict you, because they will,” the witness told Trump, according to the witness’ account. The FBI executed a search warrant at Mar-a-Lago to recover classified material in August 2022.

Persons: Donald Trump’s, Walt Nauta, –, Nauta, Jack Smith, It’s, Trump, “ NAUTA, FPOTUS, ’, ”, Trump’s Organizations: CNN, FBI, Trump, National Archives Locations: United States, Lago, Florida, Mar

☆ Will Trump testify? What he says and why it’s a risky bet
▼ + stars: | 2024-04-22 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +7 min

Video Ad Feedback Smerconish: Will Trump testify? While he is under no obligation to testify, Trump has promised he will. And the truth is that there’s no case, they have no case,” Trump said. When juries and a judge have seen Trump testify, he lostThe first Carroll trial jury in 2023 was played a videotape of Trump’s deposition by lawyers. Not a hush money case, but an election interference caseOne other key thing to note out of the prosecution’s opening statement is that they want to portray this case as an election interference case rather than a hush money case.

Persons: Donald Trump, Trump, Michael Cohen, National Enquirer David Pecker, Cohen, Pecker, Will Trump, I’m, ” Trump, Juan Merchan, Kara Scannell, Lauren del Valle, Jeremy Herb, E, Jean Carroll, ►, – Trump, Merchan, Hillary Clinton, Joey Jackson, Jackson, “, Jake Tapper, Will Scharf, Scharf, ”, ” Scharf, Carroll, Marla Maples, Read, Feedback Trump, Arthur Engoron, reimbursing Cohen, Stormy Daniels, Clifford, Daniels, … … …, CNN’s Paula Reid Organizations: CNN — Prosecutors, New, National Enquirer, Trump, CNN, Mar, Trump Organization, Prosecutors Locations: New York

☆ Here are Monday's biggest analyst calls: Apple, Nvidia, Tesla, Meta, Amazon, Microsoft, Spotify, Ferrari & more
▼ + stars: | 2024-04-22 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Morgan Stanley reiterates Apple as overweight Morgan Stanley lowered its price target on the stock to $210 per share from $220 but says it's sticking with Apple. Bank of America reiterates Amazon as buy Bank of America said it's bullish heading into Amazon earnings next week. Bank of America reiterates Tesla as neutral Bank of America said it's sticking with its neutral rating on Tesla shares. Morgan Stanley upgrades Alcoa to equal weight from underweight Morgan Stanley said it sees a more balanced risk/reward for shares of Alcoa. Bank of America reiterates Apple as buy Bank of America says Apple is a top pick at the firm.

Persons: Goldman Sachs, Goldman, Morgan Stanley, it's, Piper Sandler, Piper, Apple, Q, Q revs, Papa, Stifel, Papa John's, Jefferies, Mizuho, JPMorgan, Raymond James downgrades, Raymond James, TD Cowen, BRBR, BMO downgrades, Tesla, Oppenheimer Organizations: Nvidia, NVIDIA, RBC, Apple, Microsoft, Meta, Bank of America, JPMorgan, Cisco, Deutsche Bank, Realty Trust, Deutsche, Brands, BMO, of America, Alcoa, Kymera Therapeutics, " Bank of America Locations: Singapore, Asia, Brazil

☆ Elon Musk got called an 'egotistical billionaire' by a top Australian politician in the latest beef over free speech and censorship on X
▼ + stars: | 2024-04-22 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +1 min

Elon Musk was criticized by an Australian minister for refusing to remove X posts about a stabbing. Tanya Plibersek told 7News that Musk is an "egotistical billionaire" after Musk resisted the calls. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAn Australian minister slammed Elon Musk as an "egotistical billionaire" over his refusal to take down X posts.

Persons: Elon Musk, Tanya Plibersek, Musk, —, Mar Mari Emmanuel Organizations: Guardian, Service Locations: Australian, Sydney

I think providing aid to Ukraine right now is critically important,” the speaker added. House TVThe speaker’s embrace of Ukraine aid represents a remarkable evolution for Johnson, who voted against funding for the country as a rank-and-file member. Johnson drags his feetJohnson did not come to his decision on how to handle foreign aid quickly. “Slow,” New York Rep. Gregory Meeks, the top Democrat on the House Foreign Affairs Committee, said when asked how Johnson handled Ukraine aid. In recent weeks, allies counseled Johnson to keep the former president in the loop on his potential foreign aid plans.

Persons: Manu Raju ”, Johnson, Mike Johnson, Hakeem Jeffries, Jeffries, Taiwan –, Michael McCaul, “, ” Johnson, Derrick Van Orden, Matt Gaetz, ”, Johnson –, Kevin McCarthy, –, Joe Biden, Donald Trump’s, Mike Pompeo, Volodymyr Zelensky, Zelensky, Bill Burns, Marjorie Taylor Greene, ” Jeffries, Biden, Mitch McConnell, Gregory Meeks, Patrick McHenry of, Trump, Johnson’s, ” Trump, Eli Crane, McCarthy, Bob Good, Johnson “, Greene, Al Green, Van Orden, Gaetz, I’m, ” Van Orden, Chip Roy’s, Bob Good’s, Kent Nishimura, Paul Gosar, Johnson’s speakership, We’re, we’ve, Tom Cole of, ” Cole, “ There’s, Warren Davidson, CNN’s Haley Talbot, Morgan Rimmer Organizations: GOP, CNN, Democratic, Louisiana Republican, Foreign, ”, Florida Republican, Senate, Republican, Ukraine, CIA, Naval Academy, Israel, Internal Revenue Service, New York Rep, House Foreign Affairs, Patrick McHenry of North Carolina, Lago, Arizona, Democratic Rep, Navy, Navy Seals, Wisconsin Republican, Capitol, Democrats, Republicans, GOP Rep, ” Veteran GOP Locations: Iran, Israel, Ukraine, Washington, Louisiana, Taiwan, Florida, American, Marjorie Taylor Greene of Georgia, Patrick McHenry of North, Iranian, Virginia, Texas, Wisconsin, House, Arizona, Tom Cole of Oklahoma, Ohio

☆ Opening statements to show the stark personal and political stakes of Trump’s first criminal trial
▼ + stars: | 2024-04-21 | by ( Stephen Collinson | ) edition.cnn.com time to read: +12 min

But on Monday, his diminished reality as a criminal defendant will become clear in humbling fashion during opening statements in his first criminal trial. The process, known as a Sandoval hearing, offered the ex-president a glimpse of personal and unflattering revelations that the trial could dredge up. The political case against the prosecutions was laid out by South Dakota Gov. But Noem rehearsed a political argument that Trump and his associates will be seeking to land as the trial goes ahead. But the deeply consequential political and personal stakes for the former president will become even clearer when the first trial begins for real on Monday.

Persons: Donald Trump, he’s, Trump, Joe Biden, –, victimhood, He’s, “, ” Trump, president’s, haggled, Sandoval, Stacey Schneider, Jean Carroll, ” Schneider, it’s, Stormy Daniels, Michael Cohen, David Pecker, Pecker, Joshua Steinglass, ”, Juan Merchan, Attorney Alvin Bragg, Bragg, Biden, There’s, Kristi Noem, ” Noem, CNN’s Dana, Noem, Cohen Organizations: CNN, White, Republican, Trump, American Media Inc, National Enquirer, Prosecutors, Manhattan, Attorney, Democratic, Mar, South Dakota Gov, New York Times Locations: Manhattan, North Carolina, New York, United States, “ State, Siena, Dakota

☆ By passing Ukraine aid, the accidental speaker became an unlikely Churchill
▼ + stars: | 2024-04-20 | by ( Stephen Collinson | ) edition.cnn.com time to read: +12 min

CNN —Republican Speaker Mike Johnson showed political courage that is rare in Washington and notable legislative skill for an inexperienced leader in forcing a long-delayed $60 billion aid bill for Ukraine through the House of Representatives on Saturday. And 112 Republicans — a majority of the conference — voted against the Ukraine bill. And any Republican speaker propped up by Democrats might hemorrhage support among GOP lawmakers and be forced to resign. “As we deliberate on this vote, you have to ask yourself this question: Am I Chamberlain or Churchill?” he said. The accidental speaker makes an unlikely Churchill, but on Saturday he proved to be a far more daring and substantial figure than many of his Republican and Democratic critics previously believed.

Persons: Mike Johnson, Johnson, Vladimir Putin, Ronald Reagan, Joe Biden’s, “, Donald Trump, Volodymyr Zelensky, ”, ” CNN’s Frederik Pleitgen, Putin, —, Biden, Marjorie Taylor Greene, Greene, Johnson —, Kevin McCarthy’s, Marc Molinaro, CNN’s Manu Raju, Trump, Zelensky, Trump’s, Hakeem Jeffries, Mike Quigley, It’s, ” Quigley, Chuck Schumer, Jeffries, Mike McCaul, ‘, it’s, McCaul, Chamberlain, Churchill Organizations: CNN, West, GOP, America, MAGA, United States House, Representatives, Ukraine, Republican Party, Trump, Republicans, Georgia, Mar, Democratic, Congressional Ukraine Caucus, Illinois Democrat, Foreign, Texas Republican, Republican Locations: Washington, Ukraine, Russian, Louisiana, United States, Russia, Europe, Iran, China, Israel, Taiwan, Mexico, Georgia, New York, Kyiv, Texas, Nazi Germany

American voters absorbed their first view of an extraordinary split-screen campaign this week, with President Biden sprinting across one of the country’s top battleground states and former President Donald J. Trump sitting — and appearing to snooze — in a New York courtroom. Just as it has for years, the country’s political map has hardened into a battle across a handful of crucial swing states. Mr. Trump’s required appearance in a Lower Manhattan courtroom effectively leaves him little choice but to continue to be a weekend warrior in those states. Now, for much of the week, Mr. Biden has the electoral landscape largely to himself. Mr. Biden campaigned across Pennsylvania, casting Mr. Trump as an out-of-touch plutocrat and collecting endorsements from the Kennedy family.

Persons: Biden, Donald J, Trump, snooze, Trump’s, Mr, Kennedy, “, John F, Robert F, ” Organizations: — Locations: New York, Lower Manhattan, Pennsylvania, Scranton, Philadelphia

Asked for proof of his claim that Mr. Biden was personally directing the local cases against him, Mr. Trump pointed to purported ties between prosecutors and “Washington,” but provided no evidence that Mr. Biden had been involved in any of the hiring decisions, conversations or meetings that Mr. Trump cited. The writer E. Jean Carroll filed her first lawsuit against Mr. Trump in November 2019, accusing him of defamation. Faulty and irrelevant comparisonsWhat Mr. Trump Said“I got indicted more than Al Capone.”— in a rally in Ohio in MarchFalse. Mr. Hur described Mr. Biden as a “well-meaning, elderly man with a poor memory” who had “diminished faculties and faulty memory.” He did not declare Mr. Biden mentally incompetent to stand trial. Inaccurate attacks on judgesWhat Mr. Trump Said“Judge Juan Merchan is totally compromised, and should be removed from this TRUMP Non-Case immediately.

Persons: Donald J, Trump, President Biden, Trump’s, ”, Trump Said “ Biden, General Merrick B, Garland, Trump “, Biden, Mr, Doug Mills, Trump Said, Jack Smith, Merrick Garland’s, Fani Willis, Letitia James, Alvin L, Bragg, Matthew Colangelo, Colangelo, —, James’s, Colangelo’s, Bragg ramped, Willis, Willis — Nathan J, Wade, Ketanji Brown Jackson, Kamala Harris, Harris, Crooked Joe Biden, James, Jean Carroll, Smith, Brittainy Newman, Alexei Navalny, Navalny, Letitia James ’, Hunt, PolitiFact, Trump Said “, Al Capone, Capone, Brad Schwartz, Hillary, Bill, Bush, Reagan, Hillary Clinton, Clinton, Bill Clinton’s, Taylor Branch, Branch, “, Barack Obama, George W, Bill Clinton, George H.W, Ronald Reagan, Robert K, Hur, Biden’s, Juan Merchan, Loren, Loren Merchan, Merchan, Merchan’s, Justice Merchan, Ahmed Gaber, Arthur F, Justice Engoron, Engoron Organizations: New York, Democratic Party, Trump, Justice Department, The New York Times, The, White House, Trump . Credit, New York Times, American People, Biden Administration, Prosecutors, Mr, Manhattan, Washington, Fox News, New, Times, White, Counsel’s Office, Supreme, Black, Trump Organization, Democrat, Companies, Exxon Mobil, Trump Foundation, Trump University, Associated, National Archives, Records Administration, TRUMP, Twitter, Credit Locations: Manhattan, Georgia, Trump ., Washington, New York, “ Washington, Fulton County ,, Russian, New, Ohio, Fla, South Carolina, Trump’s Florida, Beach

☆ Judge in Documents Case Rejects Dismissal Motions by Trump Co-Defendants
▼ + stars: | 2024-04-18 | by ( Alan Feuer | ) www.nytimes.com time to read: +1 min

The federal judge overseeing former President Donald J. Trump’s classified documents case on Thursday denied initial attempts by Mr. Trump’s two co-defendants to have the charges against them dismissed. The ruling by the judge, Aileen M. Cannon, was the first time she had rejected dismissal motions by the two men, Walt Nauta and Carlos De Oliveira, both of whom work for Mr. Trump at Mar-a-Lago, his private club and residence in Florida. The men have also been charged with lying to investigators working on the case. At a hearing last week in Federal District Court in Fort Pierce, Fla., lawyers for the two men tried to convince Judge Cannon that their clients had no idea that the boxes they had moved on Mr. Trump’s behalf contained classified materials. The lawyers also said they needed more details about the evidence against the men than what was contained in the 53-page superseding indictment.

Persons: Donald J, Trump’s, Aileen M, Cannon, Walt Nauta, Carlos De Oliveira, Trump, Jack Smith, Nauta, De Oliveira, Judge Cannon Organizations: Mar, Prosecutors, White, Federal, Court, Mr Locations: Florida, Fort Pierce, Fla

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