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☆ Friday's analyst calls: Street reacts to Apple buybacks and Coinbase earnings
▼ + stars: | 2024-05-03 | by ( Alex Harring | ) www.cnbc.com time to read: +12 min

Analyst Scot Ciccarelli upgraded the retailer to buy from hold and raised his price target by $6 to $86. — Alex Harring 6: 22 a.m.: Here's what Wall Street thinks of Coinbase's earnings Coinbase's stronger-than-expected earnings have prompted analyst reactions. Barclays' Benjamin Budish (underweight, $179 price target unchanged, 21.8% downside): "The biggest question going forward is, how sustainable are these trends? — Alex Harring 6:12 a.m.: Wall Street reacts to Apple earnings Apple's buyback announcement has caught the eye of Wall Street analysts. Analyst Benjamin Nolan upgraded the railroad stock to buy from hold and increased his price target by $19 to $267.

Persons: Morgan Stanley, Jefferies, Bernstein, Aneesha Sherman, Sherman, — Alex Harring, Truist, Scot Ciccarelli, Ciccarelli, Ollie's, Estee Lauder, Dara Mohsenian, Mohsenian, Alex Harring, FactSet, Coinbase, what's, —, Goldman Sachs, Will Nance, Benjamin Budish, Oppenheimer's Owen Lau, JPMorgan's Samik Chatterjee, Morgan Stanley's Erik Woodring, Michael Ng, bullish, George Notter, Notter, We've, it's, Stifel, Benjamin Nolan, Nolan, — Alex Harring —, Michael Bloom Organizations: CNBC, Arista and Union Pacific, Apple, Arista, FactSet, Barclays, Bloomberg, ASU, Street, Services, Jefferies, Arista Networks, Nvidia, Microsoft, Meta, Pacific, Union Pacific Locations: F3Q, China, Thursday's

☆ Travis Kalanick's $15 billion food tech company cuts employees globally in profitability push
▼ + stars: | 2024-05-03 | by ( Meghan Morris | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewSix months after layoffs at food technology company City Storage Systems, another round of cuts hit teams globally, per leaked audio obtained by Business Insider. More than 80 US employees were cut at Otter, the company's restaurant tech arm, said a source familiar with the people laid off. This story is available exclusively to Business Insider subscribers. In fall 2021, CEO Travis Kalanick raised $850 million for CSS from investors including Microsoft, at a $15 billion valuation.

Persons: —, Guido Gabrielli, Otter, Travis Kalanick, Kalanick, Uber, Gabrielli Organizations: Service, Storage Systems, Business, CSS, Microsoft, BI Locations: Canada, Latin America

Plenty of retailers have kicked off Mother's Day sales to make it easier to get a thoughtful present without breaking the bank. No matter what type of mom you have, we've gathered the best Mother's Day deals on flower delivery, jewelry, smart photo frames, and more. It's still early, so we expect plenty more Mother's Day sales to kick off as the holiday approaches. 5 best Mother's Day sales 1-800-Flowers: Get up to 40% off Mother's Day arrangements. More Mother's Day salesFrequently asked questionsWhen is Mother's Day?

Persons: we've, It's, Mason, Farmgirl, they're Organizations: Business, Mother's, Apple

☆ Instagram is 'testing' new cash bonuses that pay creators to post engaging photos, reels, and more
▼ + stars: | 2024-04-02 | by ( Sydney Bradley | Dan Whateley | ) www.businessinsider.com time to read: +3 min

Instagram is offering cash bonuses to creators who post content to the Meta-owned app with new programs. While the company had previously doled out cash to creators who posted engaging videos, this time it's also compensating users for posting photos. Instagram is "testing" a "Spring Bonus," a seasonal program that pays creators for engagement on reels, photo carousels, and single-image photo posts, a Meta spokesperson confirmed to Business Insider. The current Spring Bonus had previous iterations as a "holiday bonus" and "New Year's bonus," and is now only available in the US, Japan, and South Korea. Mike Potter, who runs the Instagram account @grippingfoodwithforce, told BI he was notified about the Spring Bonus on March 29.

Persons: Jackson Weimer, Weimer, Mike Potter, @grippingfoodwithforce, Potter, Adam Mosseri, Mosseri, Instagram, TikTok Organizations: Business, BI, Facebook, Twitter, Street Journal Locations: US, Japan, South Korea, Instagram's

Piper Sandler raised its rating on Rivian to overweight, noting the stock can rally 96% from here. Baird's $1,050 price target implies that Nvidia stock could still rally another 19%, adding onto its eye-watering 78% gain so far this year. After soaring more than 200% last year, Nvidia shares have surged another 77% in 2024. "Make no mistake: buying RIVN is risky and a botched midyear re-tooling effort could yet surprise investors negatively," Potter wrote. Snowflake shares have struggled this year, losing 20%, in part due to Frank Slootman stepping down his CEO role.

Persons: Piper Sandler, Guggenheim, Baird, Trista Gerra, Blackwell, Gerra, Lisa Kailai Han, Alexander Potter, Tesla, Rivian hasn't, Potter, Rivian, John DiFucci, DiFucci, Snowflake, Frank Slootman, Fred Imbert Organizations: CNBC, Nvidia, GTC, Guggenheim Locations: Rivian

☆ Jefferies says buy this under-the-radar software stock with ties to Nvidia and nearly 20% upside
▼ + stars: | 2024-02-22 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Investors looking for ways to play the artificial intelligence frenzy may want to take a look at this little-known communications software stock doing business with Nvidia . Jefferies analyst George Notter reiterated his buy rating on Amdocs , citing the company's key advantages within the artificial intelligence space. "There's a ton of opportunity to shift customers to Cloud," he wrote in a recent note. "The company also has a strong runway ahead in their AI opportunity, especially with their new Nvidia deal. Critical to the company's AI strategy is its recent partnership with Nvidia to customize large language models utilizing the chipmaker's AI foundry service, Notter said.

Persons: George Notter, Notter, Jefferies Organizations: Nvidia, Jefferies

☆ Could AI personas attend your work meetings for you? One tech CEO says yes — and by the end of the year
▼ + stars: | 2024-02-18 | by ( Aaron Mok | ) www.businessinsider.com time to read: +4 min

So, what if AI avatars that act and talk like employees could be present in the (virtual) room on their behalf? Liang expects Otter's AI work persona will be able to answer 90% of the questions it's asked during meetings, he said. But the road to building trustworthy AI avatars is riddled with technical and social obstacles. "It needs to have the knowledge and emotional intelligence to participate in a productive way," Liang said about the AI. AdvertisementOtter itself launched a new feature this month where multiple people can ask an AI chatbot specific questions about meetings it's recorded.

Persons: Sam Liang, Otter, —, Liang, it's, they'll, Elon Musk, Kendall Jenner, Tom Brady, togethers, they're Organizations: Business, Workers

Elsewhere, Goldman Sachs reiterated a buy rating on Nvidia and raised its price target on the high-flying semiconductor maker. Yet his price target sits at $225, implying an upside of 19.7% as he sees opportunity elsewhere. "Anyone pulling up a chart of UBER share price performance in 2023 will think, 'That's a scary chart. Analyst Sarah James upgraded the insurer to overweight from neutral and hiked her price target o $372 from $334. — Alex Harring 5:42 a.m.: Goldman hikes Nvidia price target Things continue to look up for Nvidia , according to Goldman Sachs.

Persons: Goldman Sachs, Piper Sandler, Alexander Potter, Potter, Tesla, Alex Harring, Bernstein, Uber, Nikhil Devnani, Devnani, — Alex Harring, Keith Horowitz, Horowitz, Cantor Fitzgerald Cigna, Cantor Fitzgerald, Sarah James, James, Ben Hendrix, Hendrix, Christopher Horvers, Horvers, Barbie, Goldman, FY4Q, Toshiya Hari, Fred Imbert Organizations: CNBC, JPMorgan, Mattel, Nvidia, Citi, Investors, Citizens, Financial, New York Community Bancorp, Aozora, T Bank, RBC Capital, Warner Bros, Golden Globes, Microsoft Locations: California, New, Friday's

It is the ideal way to celebrate the musician and civil rights activist, and the ideal gift for a music fan of any walk. Cost: $135SAY CHEESE: This one might give an audiophile a heart attack, but that doesn't make it any less adorable. The “Turntable Cheese Board" from Uncommon Goods is exactly what it sounds like — a cheese board designed to look like the most expensive, slick turntable, featuring a slate platter and hidden slicer in the one arm. Cost: $78HEAR IT LOUD: There's never a wrong time to upgrade headphones — in fact, it makes for a great gift. Cost: $47K-POP COOL: Far too often, holiday gift guides — even those specifically catering to music enthusiasts — fail to account for dedicated, artist-specific fandoms.

Persons: It'll, SIMONE, Nina Simone, Simon, Marc Masters, Harry Styles, Styles, ”, “, It's, Sony's, Barbra Streisand, ” She'd, Jimmy Fallon, Jacqueline Kennedy Onassis, Streisand, ” Streisand, I’m, Lol Tolhurst, Tim Burton, Edgar Allan Poe’s, Mary, Emily Brontë, Questlove, Tariq Trotter, a.k.a Organizations: ANGELES, Philips, Doubleday, Associated Press, Division, Bauhaus, Los Tigres Del, Grupo Frontera Locations: They're, longhand, Austin , Texas, Los Angeles, Los Tigres Del Norte, Banda

☆ Harry Potter's paralysed stunt double found making new documentary "cathartic"
▼ + stars: | 2023-11-17 | by ( Sarah Mills | ) www.reuters.com time to read: +2 min

We are living in a society where men don't really talk. We just thought, this can't be happening," said Marc Mailley, a fellow stunt artist who was there at the time. I choose to be a survivor," said Holmes, whose challenging medical journey is seen in the new film. Directed by former Harry Potter crew member Dan Hartley, the film is executive produced by Daniel Radcliffe. Holmes hopes his raw documentary might start conversations about stunt performers' work and what it is like to be disabled.

Persons: David Holmes, Harry Potter, Holmes, Daniel Radcliffe's, Radcliffe, It's, I'm, Marc Mailley, Dan Hartley, Daniel Radcliffe, Sarah Mills, Richard Chang Organizations: Potter, Broadway, Thomson Locations: London

☆ Good for Chelsea owners to enter dressing room after games, says Pochettino
▼ + stars: | 2023-09-26 | by ( ) www.reuters.com time to read: +2 min

Sept 26 (Reuters) - Co-owners Behdad Eghbali and Todd Boehly are welcome in Chelsea's dressing room after matches, manager Mauricio Pochettino said on Tuesday ahead of their League Cup clash with Brighton & Hove Albion. Following their 1-0 home defeat by Aston Villa on Sunday, British media reported that co-controlling owner Eghbali had entered the club's dressing room. Last season, co-owner Boehly also attracted criticism for entering the dressing room after a Chelsea loss. "I like when the owner comes (into the dressing room). I think it is good that the owner comes into the dressing room.

Persons: Behdad Eghbali, Todd Boehly, Mauricio Pochettino, Eghbali, Boehly, Pochettino, Bruno Saltor, Graham Potter, Frank Lampard, Bruno, Aadi Nair, Christian Radnedge Organizations: League, Brighton & Hove Albion, Premier League, Aston Villa, Sunday, Chelsea, Stamford, Thomson Locations: Chelsea, Argentine, Bengaluru

☆ Inside Otter University: How Travis Kalanick's sales boot camp for young techies went off the rails
▼ + stars: | 2023-08-17 | by ( Meghan Morris | Darius Rafieyan | ) www.businessinsider.com time to read: +21 min

"It seemed like a cool, innovative new company," Lam said. Starting in early 2022, the company poured millions of dollars into an experimental sales boot camp called Otter University. She joined the company in 2020 as Otter's head of sales enablement and helped dream up the idea of a sales boot camp a year later. Two former OtterU employees said that Law and another Otter executive urged managers to join their teams for late-night drinks following team dinners. But the late nights and free-flowing alcohol struck some OtterU employees as inappropriate for the workplace, especially when managers had to deal with hungover teams the next day.

Persons: Brian Lam, messaged, Travis, Lam, Uber, It's, Kalanick, voraciously, they're, Otter, wasn't, salespeople, Cory Epstein, Phoebe Law, Law, people's, –, Kalanick's Uber, Otter's, Kate, Samul Beal, I'd, Beal, didn't, terminations, he'd, OtterU, I'm, grads, Salespeople, Guido Gabrielli, Keith Dunphy, Dunphy, Bram van Staalduinen, Phoebe Law's, Debra Glaser, Jen Zablotny, there's, Ordermark, Burger, Meghan, Darius Organizations: Texas, Otter, Storage Systems, Microsoft, Otter University, Law, Adobe, SAP, Houston, OtterU, hungover, NCR, Google, Brands, Houston Rockets Locations: Korean, Houston, Toronto, LA, Las Vegas, Miami, Seoul, South Korea, Houston ., OtterU, Otter, Canada

☆ Nolan Arenado powers Cards past A's for 3rd straight win
▼ + stars: | 2023-08-16 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

August 16 - Nolan Arenado went 4-for-5 with a two-run homer as the St. Louis Cardinals defeated the visiting Oakland Athletics 6-2 on Tuesday. Lars Nootbaar hit a single, Paul Goldschmidt followed with an RBI double and Arenado ripped his two-run homer. The A's finally got to Hudson in the seventh inning. St. Louis loaded the bases again in the seventh inning, but Motter hit an inning-ending grounder. Edman hit his homer in the eighth inning to increase the St. Louis lead to 6-2.

Persons: Nolan Arenado, Jordan Walker, Tommy Edman, Lawrence Butler, Louis outhit, Dakota Hudson, Spenser Watkins, Lars Nootbaar, Paul Goldschmidt, Arenado, Hudson, Nick Allen, Esteury Ruiz, Allen, Ruiz, Walker, Andrew Knizner's, Knizner, Tony Kemp, Taylor, Nootbaar, Goldschmidt, Tyler Soderstrom, Butler, Louis, Edman Organizations: Louis Cardinals, Oakland Athletics, Cardinals, Thomson

This account of how Niger's coup unfolded is based on 15 interviews with Nigerien security officials, politicians, as well as current and former Western government officials. In his first address following the July 26 coup, Tiani said he had ousted the president for the good of the country. But in recent months, Bazoum had curtailed the size of the presidential guard, which was about 700-strong at the time of the coup, and started to scrutinize its budget. Issoufou was elected in 2011, a year after a previous military coup. Almost all the different branches of Niger's security apparatus had a member in the group, including the police, army, air force and presidential guard.

Persons: Emmanuel Macron, Mahamadou Issoufou, Regis, Mohamed Bazoum, Bazoum, Abdourahamane Tiani, Tiani, Keen, Issoufou, Spokespeople, swirled, Salifou Mody, Mody, Hassoumi Massaoudou, Amadou Abdramane, Ahmad Sidien, Moussa Aksar, David Lewis, David Gauthier, Michel Rose, Edward McAllister, Alexandra Zavis, David Clarke Organizations: Niger, REUTERS, Nigerien, Reuters, West African States, Reuters Graphics Reuters, Western, Niger Armed Forces, United Arab Emirates, National Guard, Thomson Locations: Sahel, French, Pau, France, NIAMEY, United States, Niamey, Diffa, Niger, Mali, Burkina Faso, Russia, West Africa, Tiani, Nairobi, Villars, Istanbul, Paris, Dakar

☆ The US Marine Corps' deadliest sniper might never have become one if it weren't for a wild night of drinking and a fake toothache, new book reveals
▼ + stars: | 2023-06-24 | by ( Ryan Pickrell | ) www.businessinsider.com time to read: +7 min

The deadliest sniper in Marine Corps history is Charles "Chuck" Mawhinney. But even as a Marine, Mawhinney couldn't completely shake his reckless behavior, and a night of drinking cost him his chance to be an aviator. Charles Mawhinney Marine CorpsThe night before an 8 a.m. exam to qualify for aviation training, Mawhinney's friends invited him to get tattoos. Mawhinney qualified for entry into the Marine scout sniper course because he'd already earned distinction as an expert marksman. Mawhinney Courtesy photoIn the middle of this particular dilemma, Mawhinney learned that a Marine sniper with Lima 3/5 needed a spotter.

Persons: Charles, Chuck, Mawhinney, —, Chuck Mawhinney, Jim Lindsay's, he'd, Charles Mawhinney, Mawhinney's, Lindsay, It's Organizations: Marine Corps, Service, Marines, Charles Mawhinney Marine Corps, Marine, Remington, Combat Valor Locations: Vietnam, Lima

☆ Boycotts hit stocks hard. Here's what might be next for Bud, Target and others caught in the anti-Pride backlash
▼ + stars: | 2023-06-03 | by ( Christina Cheddar Berk | ) www.cnbc.com time to read: +9 min

Stock Chart Icon Stock chart icon Anheuser-Busch InBev shares hit a 52-week high of $67.09 on March 31. Bud Light has tried to win back customers with a $15 off rebate program on Budweiser, Bud Light, Bud Select and Bud Select 55. Stock Chart Icon Stock chart icon Target's stock hit a 52-week low on Thursday. Stock Chart Icon Stock chart icon VF Corp. shares traded as low as $16.77 on Thursday. Stock Chart Icon Stock chart icon Kohl's shares on Thursday hit a low of $17.89, the stock's lowest level since May 22, 2020, when it traded as low as $17.19.

Persons: BUD TGT, Justin Sullivan, Bud Light, Dylan Mulvaney, Pattie Gonia ., it's, Brayden King, Cowen, Vivien Azer, Miller, Azer, Bud, Brandon Bell, King, Sarah Kate Ellis, recouping, Christopher Horvers, Horvers, Wells, Edward Kelly, Kelly, Americus Reed Organizations: TAP, Anheuser, Busch, Target, VF Corp, North, Pride, Busch InBev, Coors, Molson Coors, Lite, Bud, Budweiser, Walmart, Bud Light, Companies, GLAAD, JPMorgan, Americus, University of Pennsylvania Locations: San Francisco , California, Austin , Texas, Wells Fargo

☆ Elon Musk is giving Tesla shareholders reason for bullishness after his big Twitter announcement
▼ + stars: | 2023-05-15 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

Wedbush maintained its outperform rating for Tesla, and shared a 12-month price target of $215, or about 27% higher than the current share price. The long wait times for vehicles, according to Piper Sandler, is a bullish sign because it means demand is robust. "The answer is complex, because wait times don't solely reflect consumers' appetite for buying Teslas vs. other cars." In effect, the lengthy wait times should be "interpreted favorably," in Potter's view. Piper Sandler's price target for Tesla is $280 a share, or more than 65% higher from current levels.

☆ Haaland at it again as Manchester City cut gap to Arsenal
▼ + stars: | 2023-04-15 | by ( Martyn Herman | ) www.reuters.com time to read: +4 min

LONDON, April 15 (Reuters) - Manchester City goal machine Erling Haaland reached yet another milestone in his incredible debut season in the Premier League when his two goals helped his side to beat Leicester City 3-1 and move to within three points of leaders Arsenal on Saturday. With Arsenal in action at West Ham United on Sunday, Manchester City seized their chance to apply more pressure by dismantling 19th-placed Leicester before halftime. City now have 70 points from 30 games with Arsenal on 73. Villa have 50 points, with Tottenham on 53 and fourth-placed Manchester United and Newcastle United both on 56. Newcastle and Manchester United, who face Nottingham Forest on Sunday, have played fewer games than Villa and Tottenham.

☆ Man City cruise to win over Saints, Newcastle maintain top-four push
▼ + stars: | 2023-04-08 | by ( Martyn Herman | ) www.reuters.com time to read: +6 min

loadingLeaders Arsenal play Liverpool at Anfield on Sunday where the London side seek a first league win since 2012. Manchester United maintained their top-four pursuit while at the bottom there were vital victories for Bournemouth and West Ham United. Leicester City's plight worsened as the 2015-16 Premier League champions suffered a seventh defeat in eight league games as they lost 1-0 at home to Bournemouth to stay 19th. Newcastle's fifth consecutive win moved them up to 56 points from 29 games -- the same as Manchester United who beat Everton 2-0 in Saturday's early kickoff. SON MILESTONETottenham's Son Heung-min scored his 100th Premier League goal with a sublime 10th-minute curler -- the first Asian player to reach that milestone.

☆ TikTok went big at SXSW and creators discussed building lasting businesses. Here are 3 takeaways that I left Austin with.
▼ + stars: | 2023-03-15 | by ( Sydney Bradley | ) www.businessinsider.com time to read: +8 min

Creators gathered at Meta's Austin, TX offices for a series of talks hosted by the Asian Creator House. Whether creators were talking about pay transparency, or startups were pitching their products as solutions, creator monetization was an ongoing conversation at SXSW. "More and more creators are being transparent as to how much they're making," said Monica Ravichandran, creator and Collective Voice staffer. At the Asian Creator House, led by Always Be Creating cofounders Justin Nguyen and Jerry Won, creator pay and business building were also top of mind. But on the brand and marketing side of SXSW, AI wasn't a potent topic, according to Influencer's Penchin.

☆ Harry Potter video game 'Hogwarts Legacy' has done $850 million in sales so far, despite calls for a boycott after JK Rowling's anti-trans comments
▼ + stars: | 2023-02-24 | by ( Samantha Delouya | ) www.businessinsider.com time to read: +2 min

Warner Bros. Discovery said "Hogwarts Legacy" has sold 12 million units so far, worth $850 million. The game's success comes despite protests over "Harry Potter" author JK Rowling's comments that many say are anti-trans. Many have called her comments transphobic, and "Harry Potter" film stars like Daniel Radcliffe, Emma Watson, and Rupert Grint have denounced her stance. Many gamers criticized the release of "Hogwarts Legacy" in light of Rowling's comments.

☆ Rule-bending Chelsea take transfer gamble to give Potter ultimate selection headache
▼ + stars: | 2023-02-01 | by ( Peter Hall | ) www.reuters.com time to read: +4 min

Premier League soccer clubs spent a record 815 million pounds ($1.00 billion) in the January transfer window, an analysis from Deloitte's Sports Business Group said on Wednesday. It has, however, angered those who claim the Premier League is becoming a de facto European Super League due to its spending power. "What I'm worried about is the Premier League, and I've been worried for many years now," Spain's La Liga president Javier Tebas told a new conference this month. There is no sustainability in the Premier League. The Premier League is not a financially sustainable model."

☆ Felix sees red on debut as Chelsea slump at Fulham
▼ + stars: | 2023-01-12 | by ( ) www.reuters.com time to read: +3 min

The win lifted Fulham above Liverpool and up to sixth in the Premier League standings on 31 points after 19 games. Potter had no complaints about the red card, describing Felix's challenge on Tete as a "forward's tackle". The second half wasn't at our best level," he said. They lost midfielder Denis Zakaria to injury, however, and Felix to a red card, the 23-year-old wildly lunging at Tete after losing the ball. Felix, whose loan signing cost Chelsea a reported 9 million pounds ($11 million), will miss the next three league matches against Crystal Palace, Liverpool and Fulham due to suspension.

☆ Potter says managing Chelsea is the hardest job in football
▼ + stars: | 2023-01-12 | by ( ) www.reuters.com time to read: +2 min

I think it is probably the hardest job in football because of that leadership change and the expectations because of, rightly, where people see Chelsea," Potter said before Chelsea's trip to Fulham on Thursday. "The reality of where the club is in terms of establishing itself as a well-run football club that functions well in a really competitive environment, maybe we're not there yet. "I'm not after pity, I'm really grateful and privileged to be here," Potter said. "This club was run a certain way for 20 years and run really well. ($1=0.82 pounds)Reporting by Hritika Sharma in Bengaluru; Editing by Neil FullickOur Standards: The Thomson Reuters Trust Principles.

☆ Man City crush Chelsea in FA Cup, Stevenage stun Villa
▼ + stars: | 2023-01-08 | by ( Richard Martin | ) www.reuters.com time to read: +4 min

Elsewhere, League Two (fourth tier) side Stevenage pulled off the shock of the weekend by winning 2-1 at Premier League Aston Villa, scoring two goals in the final few minutes. City will play at home in the fourth round against either Premier League leaders Arsenal or League One side Oxford United, who meet on Monday. Potter said City were the last team he could wish to face during the team's difficult run of form. Walsall beat Stockport County 2-1, Stoke City won 3-0 at Hartlepool, Blackburn Rovers beat Norwich City 1-0 and Derby County beat Barnsley 3-0 to also make it to the fourth round. Bristol City and Swansea City will meet again in a replay after drawing 1-1.

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